Re: A League and Clubs finances
Posted: Wed Dec 15, 2021 7:48 am
May put themselves in a position where they need to sell more of their ownership.leeroy*NRL* wrote: Sat Dec 18, 2021 2:36 pm130mill for 30% stake.. :0
that money will only go so far..
and with the amount of money that is being drained at the moment..
clubs are wanting more..
i can see this doing little to nothing..
interesting point,Quolls2019 wrote: Sat Dec 18, 2021 4:38 pmMay put themselves in a position where they need to sell more of their ownership.leeroy*NRL* wrote: Sat Dec 18, 2021 2:36 pm130mill for 30% stake.. :0
that money will only go so far..
and with the amount of money that is being drained at the moment..
clubs are wanting more..
i can see this doing little to nothing..
Agree, I’m just not sure what’s in it for them.leeroy*NRL* wrote: Sun Dec 19, 2021 12:48 pminteresting point,Quolls2019 wrote: Sat Dec 18, 2021 4:38 pmMay put themselves in a position where they need to sell more of their ownership.leeroy*NRL* wrote: Sat Dec 18, 2021 2:36 pm130mill for 30% stake.. :0
that money will only go so far..
and with the amount of money that is being drained at the moment..
clubs are wanting more..
i can see this doing little to nothing..
A League may need extra funds into future,
and Silver Lake will push for extra % i recan.
either, i dont see Silver Lake turning a profit through the league, must be something outside of Sport.Quolls2019 wrote: Sun Dec 19, 2021 5:03 pmAgree, I’m just not sure what’s in it for them.leeroy*NRL* wrote: Sun Dec 19, 2021 12:48 pminteresting point,Quolls2019 wrote: Sat Dec 18, 2021 4:38 pm
May put themselves in a position where they need to sell more of their ownership.
A League may need extra funds into future,
and Silver Lake will push for extra % i recan.
The Aleague is not sustainable. It's hard to see how it survives in its current format.leeroy*NRL* wrote: Tue Apr 29, 2025 7:11 pm• 'Melbourne Victory lost $9.8 million in 2024 and $7.57 million in 2023.'
• 'WS Wanderers lost $7 million in the year to June 2023 and a further $5.7 million the previous year.'
• 'The Wanderers’ losses were offset by $6.47 million worth of shareholders’ money pumped into the club over that same 24-month period.'
Gees I didn’t realise the Melbourne Victory and Western Sydney Wanderers were in this much trouble financially. Both what I would’ve thought were the stronger clubs in the A-League. I have noticed their crowds have dropped off significantly in recent times though. Across the entire A-League to be fair.leeroy*NRL* wrote: Tue Apr 29, 2025 7:11 pm• 'Melbourne Victory lost $9.8 million in 2024 and $7.57 million in 2023.'
• 'WS Wanderers lost $7 million in the year to June 2023 and a further $5.7 million the previous year.'
• 'The Wanderers’ losses were offset by $6.47 million worth of shareholders’ money pumped into the club over that same 24-month period.'
yeah either, money is dripping fast from Head Office to teamsTerry wrote: Tue Apr 29, 2025 7:28 pmThe Aleague is not sustainable. It's hard to see how it survives in its current format.leeroy*NRL* wrote: Tue Apr 29, 2025 7:11 pm• 'Melbourne Victory lost $9.8 million in 2024 and $7.57 million in 2023.'
• 'WS Wanderers lost $7 million in the year to June 2023 and a further $5.7 million the previous year.'
• 'The Wanderers’ losses were offset by $6.47 million worth of shareholders’ money pumped into the club over that same 24-month period.'
there Averaging 8900 this season across the league (if it was not for Auckland the new franchise (which does not lose)Beaussie wrote: Tue Apr 29, 2025 11:48 pmGees I didn’t realise the Melbourne Victory and Western Sydney Wanderers were in this much trouble financially. Both what I would’ve thought were the stronger clubs in the A-League. I have noticed their crowds have dropped off significantly in recent times though. Across the entire A-League to be fair.leeroy*NRL* wrote: Tue Apr 29, 2025 7:11 pm• 'Melbourne Victory lost $9.8 million in 2024 and $7.57 million in 2023.'
• 'WS Wanderers lost $7 million in the year to June 2023 and a further $5.7 million the previous year.'
• 'The Wanderers’ losses were offset by $6.47 million worth of shareholders’ money pumped into the club over that same 24-month period.'
As said by others, its hard to see how these kind of financial losses are sustainable.