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To try and make out that the NRL is not interested in progress is utterly absurd. The NRL have announced they will invest 100% of its broadcast revenue back into the game. Amongst other investments 200m will be spent on the grass roots - an additional 2m will be used to vamp up drug testing(no 3 strikes your out policy here).The_Wookie wrote:You've been caught out on this before. I wonder where the 150 million combined debt figures come from.Raiderdave wrote:
lies & bullshit
from the opening word to the last
when will this ***** ever tell the truth & stop swilling metho
the VFL's clubs are in 150 Million of combined debt
the VFL has barely any money to bank as profits these days as a result of these failing clubs
while the NRL popped 50 mill into its account
at this rate the NRL will have 200 million plus in cash by 2017
the VFL
a paltry 30 million
one code is going places
the other is the VFL
Yes the NRL banked 49 million in profit last year, the AFL only banked 16 million - the AFL already had 89 million in its Future fund, and several million scattered throughout various infrastucture and reserve funds.
The NRL might have 200 million in the bank in 5 years - after all if you dont want progress you dont spend it, but sooner or later clubs come knocking for funding and infrastructure needs, players want pay rises. The AFL spends more on clubs yes, but it also spends more on development and second tier competition. It spends more on infrastructure, and it obviously spends more on expansion. It also entirely funds the AFLPA.
One code is going places, and the NRL is desperately trying to catch up in financial terms. AFL HQ makes 500+ million for the year. The NRL 314.3 million. The AFL makes more money from non broiadcast revenue than it does from broadcast revenue (267 million - 234 million), the NRL makes a paltry 90 million in comparison to its broadcast revenue of 221 million)
Clubs on the other hand are a slightly different story. There is a lot in liabilities yes, but debts themselves arent an actual problem as long as the level is sustainable, at the moment only two or three clubs have unsustainable levels of debt (Brisbane and Port, possibly the Bulldogs). If we are going to talk about debt levels, perhaps the fact that League HQ has liabilities of 123 million, as opposed to the AFLs 50 million - which is incidentally the AFLs guarantees on club lines of credit, and as such is also included in club liabilities - not to mention guaranteeing lines of credit for ANZ Stadium, various state competitions and the AFLPA.
They only need to establish one in Australia.sydneyfc wrote:if only soccer had a professional team in PNG....one can only hope
oops i forgot, there are hundreds of pro soccer leagues around the world
Fmd, I see you're the only one to argue itFred wrote:Aussie rules is national easily ... At least it's played at significant levels across the country and there are significant numbers from across each city and state that play at the highest level . Rl can't claim this ... But that's okay. Rl has a good international presence ... Well better than AFL. They're just different.
](./images/smilies/eusa_wall.gif "Brick wall"){kind=small}
The_Wookie wrote:You've been caught out on this before. I wonder where the 150 million combined debt figures come from.Raiderdave wrote:
lies & bullshit
from the opening word to the last
when will this ***** ever tell the truth & stop swilling metho
the VFL's clubs are in 150 Million of combined debt
the VFL has barely any money to bank as profits these days as a result of these failing clubs
while the NRL popped 50 mill into its account
at this rate the NRL will have 200 million plus in cash by 2017
the VFL
a paltry 30 million
one code is going places
the other is the VFL
Yes the NRL banked 49 million in profit last year, the AFL only banked 16 million - the AFL already had 89 million in its Future fund, and several million scattered throughout various infrastucture and reserve funds.
The NRL might have 200 million in the bank in 5 years - after all if you dont want progress you dont spend it, but sooner or later clubs come knocking for funding and infrastructure needs, players want pay rises. The AFL spends more on clubs yes, but it also spends more on development and second tier competition. It spends more on infrastructure, and it obviously spends more on expansion. It also entirely funds the AFLPA.
One code is going places, and the NRL is desperately trying to catch up in financial terms. AFL HQ makes 500+ million for the year. The NRL 314.3 million. The AFL makes more money from non broiadcast revenue than it does from broadcast revenue (267 million - 234 million), the NRL makes a paltry 90 million in comparison to its broadcast revenue of 221 million)
Clubs on the other hand are a slightly different story. There is a lot in liabilities yes, but debts themselves arent an actual problem as long as the level is sustainable, at the moment only two or three clubs have unsustainable levels of debt (Brisbane and Port, possibly the Bulldogs). If we are going to talk about debt levels, perhaps the fact that League HQ has liabilities of 123 million, as opposed to the AFLs 50 million - which is incidentally the AFLs guarantees on club lines of credit, and as such is also included in club liabilities - not to mention guaranteeing lines of credit for ANZ Stadium, various state competitions and the AFLPA.
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> 
The_Wookie wrote:How about you fuck off and come back when you have a clue.Raiderdave wrote:The_Wookie wrote:You've been caught out on this before. I wonder where the 150 million combined debt figures come from.Raiderdave wrote:
lies & bullshit
from the opening word to the last
when will this ***** ever tell the truth & stop swilling metho
the VFL's clubs are in 150 Million of combined debt
the VFL has barely any money to bank as profits these days as a result of these failing clubs
while the NRL popped 50 mill into its account
at this rate the NRL will have 200 million plus in cash by 2017
the VFL
a paltry 30 million
one code is going places
the other is the VFL
Yes the NRL banked 49 million in profit last year, the AFL only banked 16 million - the AFL already had 89 million in its Future fund, and several million scattered throughout various infrastucture and reserve funds.
The NRL might have 200 million in the bank in 5 years - after all if you dont want progress you dont spend it, but sooner or later clubs come knocking for funding and infrastructure needs, players want pay rises. The AFL spends more on clubs yes, but it also spends more on development and second tier competition. It spends more on infrastructure, and it obviously spends more on expansion. It also entirely funds the AFLPA.
One code is going places, and the NRL is desperately trying to catch up in financial terms. AFL HQ makes 500+ million for the year. The NRL 314.3 million. The AFL makes more money from non broiadcast revenue than it does from broadcast revenue (267 million - 234 million), the NRL makes a paltry 90 million in comparison to its broadcast revenue of 221 million)
Clubs on the other hand are a slightly different story. There is a lot in liabilities yes, but debts themselves arent an actual problem as long as the level is sustainable, at the moment only two or three clubs have unsustainable levels of debt (Brisbane and Port, possibly the Bulldogs). If we are going to talk about debt levels, perhaps the fact that League HQ has liabilities of 123 million, as opposed to the AFLs 50 million - which is incidentally the AFLs guarantees on club lines of credit, and as such is also included in club liabilities - not to mention guaranteeing lines of credit for ANZ Stadium, various state competitions and the AFLPA.
the NRL is trying to ...........catch up is it ?
yes
40 million more dollars in profits &
they're the ones behind apparently
the level of club debt in the VFL is a monumental problem & this is directly why the VFL is now posting profits far lower then 5 years ago
it is putting fingers in Dykes everywhere
the bank guarantee amount rose from 33 million in 2013 .... to 42 million for this season
http://www.heraldsun.com.au/sport/AFL/t ... 6862624584
it will almost certainly rise past 50 Million for 2015
VFL clubs are not getting better at balancing their budgets ... they are getting worse
& the VFL's reserves are disappearing as a result so the VFL needs every cent it earns , it is not in a comfortable position at all.
the NRL on the other hand is being fiscally responsible , as are most of its clubs
its turnover when placed against expenditure has it doing these
watch its bank balance sky rocket as it continues to increase revenues & control spending
like I said
one code is going places
the other is the VFL
You carry on like debt is a bad thing, but again its only bad if you cant pay it off, which most clubs appear to be doing just fine at the moment, again with the exceptions being Brisbane and Port Adelaide.
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> :_<> :_<> :_<> :_<> :_<> :_<> :_<> :_<> The way I see it RD is every AFL club is doing fine with the exception of Brisbane. Collingwood, West Coast, Fremantle and Adelaide are powerhouses. Essendon is a similar powerhouse club and they have lost money recently, however they have big assets and will continue to make big money into the future. Richmond are big, Sydney will make big money this year and will do well financially into the future Port have come good in a big way as they will tell everyone at the end of the year when all of their revenue is worked out. Some of the smaller Vic clubs have minor debts. They look big to you but for businesses that turn over 30+ million a year, the debt is small. Even GWS and a Gold Coast are tracking as expected and although they are not flush, they are fully funded for the forseeable future. The AFL makes so much money that if a club truly got into major debt then they are in a position to bale them out.Raiderdave wrote:The_Wookie wrote:How about you fuck off and come back when you have a clue.Raiderdave wrote:The_Wookie wrote:You've been caught out on this before. I wonder where the 150 million combined debt figures come from.Raiderdave wrote:
lies & bullshit
from the opening word to the last
when will this ***** ever tell the truth & stop swilling metho
the VFL's clubs are in 150 Million of combined debt
the VFL has barely any money to bank as profits these days as a result of these failing clubs
while the NRL popped 50 mill into its account
at this rate the NRL will have 200 million plus in cash by 2017
the VFL
a paltry 30 million
one code is going places
the other is the VFL
Yes the NRL banked 49 million in profit last year, the AFL only banked 16 million - the AFL already had 89 million in its Future fund, and several million scattered throughout various infrastucture and reserve funds.
The NRL might have 200 million in the bank in 5 years - after all if you dont want progress you dont spend it, but sooner or later clubs come knocking for funding and infrastructure needs, players want pay rises. The AFL spends more on clubs yes, but it also spends more on development and second tier competition. It spends more on infrastructure, and it obviously spends more on expansion. It also entirely funds the AFLPA.
One code is going places, and the NRL is desperately trying to catch up in financial terms. AFL HQ makes 500+ million for the year. The NRL 314.3 million. The AFL makes more money from non broiadcast revenue than it does from broadcast revenue (267 million - 234 million), the NRL makes a paltry 90 million in comparison to its broadcast revenue of 221 million)
Clubs on the other hand are a slightly different story. There is a lot in liabilities yes, but debts themselves arent an actual problem as long as the level is sustainable, at the moment only two or three clubs have unsustainable levels of debt (Brisbane and Port, possibly the Bulldogs). If we are going to talk about debt levels, perhaps the fact that League HQ has liabilities of 123 million, as opposed to the AFLs 50 million - which is incidentally the AFLs guarantees on club lines of credit, and as such is also included in club liabilities - not to mention guaranteeing lines of credit for ANZ Stadium, various state competitions and the AFLPA.
the NRL is trying to ...........catch up is it ?
yes
40 million more dollars in profits &
they're the ones behind apparently
the level of club debt in the VFL is a monumental problem & this is directly why the VFL is now posting profits far lower then 5 years ago
it is putting fingers in Dykes everywhere
the bank guarantee amount rose from 33 million in 2013 .... to 42 million for this season
http://www.heraldsun.com.au/sport/AFL/t ... 6862624584
it will almost certainly rise past 50 Million for 2015
VFL clubs are not getting better at balancing their budgets ... they are getting worse
& the VFL's reserves are disappearing as a result so the VFL needs every cent it earns , it is not in a comfortable position at all.
the NRL on the other hand is being fiscally responsible , as are most of its clubs
its turnover when placed against expenditure has it doing these
watch its bank balance sky rocket as it continues to increase revenues & control spending
like I said
one code is going places
the other is the VFL
You carry on like debt is a bad thing, but again its only bad if you cant pay it off, which most clubs appear to be doing just fine at the moment, again with the exceptions being Brisbane and Port Adelaide.
it posts this
How about you fuck off and come back when you have a clue.
then
this
You carry on like debt is a bad thing, but again its only bad if you cant pay it off, which most clubs appear to be doing just fine at the moment
after I showed the tool the debt is growing ... near to the point It is out of control
the VFL is having to hold its clubs hands like their little children unable to secure finances for their own fucking expenditure
so
exactly
who is paying it off dickhead
the VFL's clubs are hopelessly over committed
& they & the VFL .............. are dying before our eyes
ParraEelsNRL wrote:Fmd, I see you're the only one to argue itFred wrote:Aussie rules is national easily ... At least it's played at significant levels across the country and there are significant numbers from across each city and state that play at the highest level . Rl can't claim this ... But that's okay. Rl has a good international presence ... Well better than AFL. They're just different.
No code is national, no code will be national and no amount of bs will make it national.