Talking Footy

Despite fantastic results on the field and multiple grand final appearances and premierships, the Melbourne Storm continue to post losses of $8 million every year.

Sustainable?

The Storm lose $8 million a year

http://www.smh.com.au/rugby-league/leag ... 1vspv.html

So we have 14 out 16 nrl clubs making a loss.
The rudderless are sponsorship less.
The gummie sharks are CEO less.
The Storm have an archor of $8 million annual debt.
The default coast are bankrupt.

Beaussie wrote:

Despite fantastic results on the field and multiple grand final appearances and premierships, the Melbourne Storm continue to post losses of $8 million every year.

Sustainable?

The Storm lose $8 million a year

http://www.smh.com.au/rugby-league/leag ... 1vspv.html

part of the split from the ARL was the underwriting of any Storm losses .. by News.. for the next 6 years
they will be making a profit by 2018

meanwhile
the VFL wishes it lost ONLY 8 million a year on each of its new financial basket cases
the Thuns
& the Tsunami midgits

cos789 wrote:

So we have 14 out 16 nrl clubs making a loss.
The rudderless are sponsorship less.
The gummie sharks are CEO less.
The Storm have an archor of $8 million annual debt.
The default coast are bankrupt.

the VFL's situtaion

9 out of 18 in near insolvency
2 others would be too if they weren't essentially owned by the VFL
a horrdly uneven & uninteresting comp
falling attendances
falling TV ratings

gonekies pretty much everywhere in NSW & QLD

Raiderdave wrote:

Beaussie wrote:

Despite fantastic results on the field and multiple grand final appearances and premierships, the Melbourne Storm continue to post losses of $8 million every year.

Sustainable?

The Storm lose $8 million a year

http://www.smh.com.au/rugby-league/leag ... 1vspv.html

part of the split from the ARL was the underwriting of any Storm losses .. by News.. for the next 6 years

And after that?

The Storm have made massive losses each and every year since coming into the NRL. 6 years to turn it around eh?

Beaussie wrote:

Raiderdave wrote:

Beaussie wrote:

Despite fantastic results on the field and multiple grand final appearances and premierships, the Melbourne Storm continue to post losses of $8 million every year.

Sustainable?

part of the split from the ARL was the underwriting of any Storm losses .. by News.. for the next 6 years

And after that?

:

oh I dunno

the ARLC with the biggest TV deal of any sport in the land .. may be able to help out I'd of thought , but I;d doubt they'll need it

Raiderdave wrote:

cos789 wrote:

So we have 14 out 16 nrl clubs making a loss.
The rudderless are sponsorship less.
The gummie sharks are CEO less.
The Storm have an archor of $8 million annual debt.
The default coast are bankrupt.

the VFL's situtaion

9 out of 18 in near insolvency
2 others would be too if they weren't essentially owned by the VFL
a horrdly uneven & uninteresting comp
falling attendances
falling TV ratings

gonekies pretty much everywhere in NSW & QLD

Only 5 teams made a loss last year. 2 by less than 2% of their annual revenue.

So which are these teams that are almost insolvent?

Raiderdave wrote:

cos789 wrote:

So we have 14 out 16 nrl clubs making a loss.
The rudderless are sponsorship less.
The gummie sharks are CEO less.
The Storm have an archor of $8 million annual debt.
The default coast are bankrupt.

the VFL's situtaion

9 out of 18 in near insolvency
2 others would be too if they weren't essentially owned by the VFL
a horrdly uneven & uninteresting comp
falling attendances
falling TV ratings

I'm not really up to date with the VFL but I'm sure that's not the case.
In fact the VFL is probaly stronger than the nrl especially when a lot of nrl crowds look like AL crowds.

Meanwhile the AFL is booming in every KPI imaginable.
The WAFL is up. The WAFL rates higher than nrl in WA.
The SANFL is up strongly. I'm pretty sure the SANFL would rate a lot higher than the nrl in SA.
The NEAFL has been an immediate success, with an immediate upgrade of clubs and players.
The NEAFL also is televised.