Talking Footy

The_Wookie wrote: Mon Feb 27, 2017 10:47 pm

eelofwest wrote: Mon Feb 27, 2017 7:38 pm

Since 2012 the NRL revenue has gone from

NRL 2012 185m To 2016 391m adding 206m in revenue in 4 years.

AFL 2011 382m to 2016 569m adding 187m in revenue in 5 years.

NRL more than doubled its revenue in that time. The gap is closing boys.

LIC is right on one thing, its closing but it doesnt mean its going to overtake. Its merely getting to where its supposed to be.

The nrlol has come from such a low base, jacked up ticket prices & soo is a great money spinning gimmick, the non broadcast revenue will slow but continue to grow, but so will the afls!

Now with the ownership of Etihad the afls total revenue will only grow at a much faster rate

The_Wookie wrote: Mon Feb 27, 2017 11:33 pm

SOL revenues are about 79 million a year, whether that includes that is net of AFL funds is not known. In theory, the league could add 70 million + to its consolidated revenues next year, and its asset base will go through the roof.

Explain that in simple mans term to the tin foil had brigade league fans?

pussycat wrote: Sun Feb 26, 2017 10:46 pm

leagueiscrap wrote: Sun Feb 26, 2017 2:42 pm

is the actual report out? that lists it in assets

maybe the cheque is just taking a while to clear after C9 reported to suffer a large loss for last year

The AFL takes out a 6 year broadcast deal, gets a loan of $280m and still ends up in the red by $18m but but the NRL but but but.

But they also get a 1.3 billion dollar asset in the process, http://www.heraldsun.com.au/subscribe/n ... =anonymous. So yeah but but but.

The_Wookie wrote: Mon Feb 27, 2017 11:33 pm

SOL revenues are about 79 million a year, whether that includes that is net of AFL funds is not known. In theory, the league could add 70 million + to its consolidated revenues next year, and its asset base will go through the roof.

Wow step back everyone, the AFL has the ability to borrow 280million and buy an asset that creates revenue. Must teach us plebs how its done.

Just like every property speculator in this country.

Should do some seminars on how to borrow and spend, that might lift your revenue faster

Swans4ever wrote: Tue Feb 28, 2017 5:28 am

pussycat wrote: Sun Feb 26, 2017 10:46 pm

leagueiscrap wrote: Sun Feb 26, 2017 2:42 pm

is the actual report out? that lists it in assets

maybe the cheque is just taking a while to clear after C9 reported to suffer a large loss for last year

The AFL takes out a 6 year broadcast deal, gets a loan of $280m and still ends up in the red by $18m but but the NRL but but but.

But they also get a 1.3 billion dollar asset in the process, http://www.heraldsun.com.au/subscribe/n ... =anonymous. So yeah but but but.

Don't you have to pay back a loan?


http://www.smh.com.au/rugby-league/leag ... ubrqo.html

eelofwest wrote: Tue Feb 28, 2017 8:20 am

The_Wookie wrote: Mon Feb 27, 2017 11:33 pm

SOL revenues are about 79 million a year, whether that includes that is net of AFL funds is not known. In theory, the league could add 70 million + to its consolidated revenues next year, and its asset base will go through the roof.

Wow step back everyone, the AFL has the ability to borrow 280million and buy an asset that creates revenue. Must teach us plebs how its done.

Just like every property speculator in this country.

Should do some seminars on how to borrow and spend, that might lift your revenue faster

Maybe you should go to one of those seminars?

You'll find most large business operate that way
It's a loan to buy an asset

It's not like they needed an advance on next years broadcast rights to make the books look better!

At the end of the day it's an asset that will only make the AFL more money! If it the venue was to be sold it has an estimated worth of $1.3 billion that will only grow over time

pussycat wrote: Tue Feb 28, 2017 8:54 am

Swans4ever wrote: Tue Feb 28, 2017 5:28 am

pussycat wrote: Sun Feb 26, 2017 10:46 pm

The AFL takes out a 6 year broadcast deal, gets a loan of $280m and still ends up in the red by $18m but but the NRL but but but.

But they also get a 1.3 billion dollar asset in the process, http://www.heraldsun.com.au/subscribe/n ... =anonymous. So yeah but but but.

Don't you have to pay back a loan?


http://www.smh.com.au/rugby-league/leag ... ubrqo.html

Go to one of those business investment seminars with your tin foil hat buddy eelsofwest to help get a grasp on things pissycat

You really don't want to be paying back a loan of that service ze. Consider it rent but you can sell the property at anytime under certain lending conditions to of course. Thing is you write off the losses against revenue made whilst having an appreciating asset. But there is so much more to it for the AFL by having control that supports clubs there. Of course, I would assume Etihad would be paying some administration fee to the AFL of some sorts. Some accountant would have various structures set up to make the most of it.

leagueiscrap wrote: Tue Feb 28, 2017 11:36 am

eelofwest wrote: Tue Feb 28, 2017 8:20 am

The_Wookie wrote: Mon Feb 27, 2017 11:33 pm

SOL revenues are about 79 million a year, whether that includes that is net of AFL funds is not known. In theory, the league could add 70 million + to its consolidated revenues next year, and its asset base will go through the roof.

Wow step back everyone, the AFL has the ability to borrow 280million and buy an asset that creates revenue. Must teach us plebs how its done.

Just like every property speculator in this country.

Should do some seminars on how to borrow and spend, that might lift your revenue faster

Maybe you should go to one of those seminars?

You'll find most large business operate that way
It's a loan to buy an asset

It's not like they needed an advance on next years broadcast rights to make the books look better!

At the end of the day it's an asset that will only make the AFL more money! If it the venue was to be sold it has an estimated worth of $1.3 billion that will only grow over time

That estimated worth is with a new development on top of the land where the Eithad currently sits.

Who's paying for the new Development?

Another genius Loan from the bank.

Brag all you want about your increased revenue from the stadium but its costing you 200million.

Also how much money will Etihad make the AFL annually through its operation?

Etihad Stadium's burgeoning coffers could help clubs be given a better deal should the AFL take ownership of the venue this year.

The financial accounts for the stadium's parent company Stadium Operations Limited, for the year to December 31, 2015 and recently lodged with the corporate regulator, show an operating profit of $6.1 million from revenue of $79 million.

So 280m loan to make an extra 6m a year.

Will only take 1 thousand years to make your money back...

But as long as your revenue grows thats all that matters lol

That's profit of 6 mil. That's pretty good. If I gave you 200 mil and 200 mil and say you would make 6 mil ... you think you would being poorly ?

Fred wrote: Tue Feb 28, 2017 7:30 pm

That's profit of 6 mil. That's pretty good. If I gave you 200 mil and 200 mil and say you would make 6 mil ... you think you would being poorly ?

Fred the AFL is buying this asset to help and lower rent of the struggling Melbourne clubs.

That Profit imo will only go south once the AFL does the new Contracts with the struggling tenant clubs at Etihad.

200m to buy out the stadium

Maybe 50-80m from the AFL and 200million from the state Government for a refurb to Etihad Stadium.

i just thought it funny how you got some on here bragging about a 70m revenue increase from the purchase of Etihad stadium with a loan of 280m.

The_Wookie wrote: Tue Feb 28, 2017 11:01 pm

eelofwest wrote: Tue Feb 28, 2017 8:57 pm

Fred wrote: Tue Feb 28, 2017 7:30 pm

That's profit of 6 mil. That's pretty good. If I gave you 200 mil and 200 mil and say you would make 6 mil ... you think you would being poorly ?

Fred the AFL is buying this asset to help and lower rent of the struggling Melbourne clubs.

That Profit imo will only go south once the AFL does the new Contracts with the struggling tenant clubs at Etihad.

200m to buy out the stadium

Maybe 50-80m from the AFL and 200million from the state Government for a refurb to Etihad Stadium.

i just thought it funny how you got some on here bragging about a 70m revenue increase from the purchase of Etihad stadium with a loan of 280m.

And at the same time the league will save money on equalisation funding and topping up clubs affected by Etihad stadium deals - which is the entire point of the early buyout. Its not just about the stadium revenue, its how that revenue affects existing distributions too. the 200 million spent on the stadium now is about the equivelant of the extra distributions due to be handed out over the next decade.

Yeah i get that and fair play to the AFL for doing this. The smart long term play.

But if you look back at my first response, i said the NRL has closed the gap on revenue which cant really be denied.

Then i get this rebuttle from leagueiscrap,'' not after the Etihad ownership that will increase revenue to the tune of 70m''.

Yeah but now your Business is in debt to the tune of 280m.

Any big business has the ability to take out a huge loan buy another enterprise and say look at that revenue increase. Just silly stuff really.

And on he goes ''The land worth 1.3b blahblahblah''', it does not matter how much its worth when the AFL are not selling most probably ever.

pussycat wrote: Tue Feb 28, 2017 8:54 am

Swans4ever wrote: Tue Feb 28, 2017 5:28 am

pussycat wrote: Sun Feb 26, 2017 10:46 pm

The AFL takes out a 6 year broadcast deal, gets a loan of $280m and still ends up in the red by $18m but but the NRL but but but.

But they also get a 1.3 billion dollar asset in the process, http://www.heraldsun.com.au/subscribe/n ... =anonymous. So yeah but but but.

Don't you have to pay back a loan?


http://www.smh.com.au/rugby-league/leag ... ubrqo.html

Yes but it is a money generating asset and which the loan itself is a tax deduction. All in all still a good decision.

eelofwest wrote: Tue Feb 28, 2017 8:57 pm

Fred wrote: Tue Feb 28, 2017 7:30 pm

That's profit of 6 mil. That's pretty good. If I gave you 200 mil and 200 mil and say you would make 6 mil ... you think you would being poorly ?

Fred the AFL is buying this asset to help and lower rent of the struggling Melbourne clubs.

That Profit imo will only go south once the AFL does the new Contracts with the struggling tenant clubs at Etihad.

200m to buy out the stadium

Maybe 50-80m from the AFL and 200million from the state Government for a refurb to Etihad Stadium.

i just thought it funny how you got some on here bragging about a 70m revenue increase from the purchase of Etihad stadium with a loan of 280m.

Sounds like wishful think on your behalf, BBL, occasional A League games and concerts etc etc, their not going to the MCG. The AFL games are the bread and butter the rest are pure cream! Keep disparaging but it was always planned for the AFL to buy the stadium, owning it wont disparage others using it.

eelofwest wrote: Tue Feb 28, 2017 6:00 pm

leagueiscrap wrote: Tue Feb 28, 2017 11:36 am

eelofwest wrote: Tue Feb 28, 2017 8:20 am

Wow step back everyone, the AFL has the ability to borrow 280million and buy an asset that creates revenue. Must teach us plebs how its done.

Just like every property speculator in this country.

Should do some seminars on how to borrow and spend, that might lift your revenue faster

Maybe you should go to one of those seminars?

You'll find most large business operate that way
It's a loan to buy an asset

It's not like they needed an advance on next years broadcast rights to make the books look better!

At the end of the day it's an asset that will only make the AFL more money! If it the venue was to be sold it has an estimated worth of $1.3 billion that will only grow over time

That estimated worth is with a new development on top of the land where the Eithad currently sits.

Who's paying for the new Development?

Another genius Loan from the bank.

Brag all you want about your increased revenue from the stadium but its costing you 200million.

Also how much money will Etihad make the AFL annually through its operation?

Etihad Stadium's burgeoning coffers could help clubs be given a better deal should the AFL take ownership of the venue this year.

The financial accounts for the stadium's parent company Stadium Operations Limited, for the year to December 31, 2015 and recently lodged with the corporate regulator, show an operating profit of $6.1 million from revenue of $79 million.

So 280m loan to make an extra 6m a year.

Will only take 1 thousand years to make your money back...

But as long as your revenue grows thats all that matters lol

again you clearly have NFI about business

the land etihad is on has a current worth $1 to $1.3 billion, as a basic rule of investing land is king, over the next 10 to 20 years the land value it will easily reach over $2 billion & that will be an increased asset to the AFL $280 million dollar loan in the scheme of things is small, given they will have full control of the venue & make money from it

you asked who will pay $1 billion plus for the land?
yes developers, leave the safety of your basement & organise a trip with your special aid nurse to the city! any major capital city, im guessing Shitney in your case? see those big buildings getting built all around the city, well they are called developers, those tall buildings, pay big money to buy the land, build the tall building & sell or lease off units or office space!

basically even if etihad breaks even for the next 20 years for the AFL, once the land is sold off they will have billions