the true health of the nrl clubs

[adamj1300]

The collective health of the 16 clubs in the National Rugby League is fragile and there needs to be a concerted effort not to waste the funds from the new billion-dollar broadcast deal on higher player payments.

Only two clubs – the Brisbane Broncos and North Queensland Cowboys – can claim to be financially self-sufficient from footballing revenues – sponsorship, merchandise, gate receipts and the NRL grant. The other 14 clubs all require regular cash injections from between $1 million and $5 million from supporting leagues clubs or generous backers just to break even. This is not sustainable in the long run.

In recent years Newcastle, Wests Tigers, Souths, Penrith, Cronulla, Gold Coast and Melbourne have faced financial difficulties that threatened their existence. On each occasion new funds, a revamped ownership structure or, in Penrith's case, an administrative structure, were put in place to secure survival. The same vulnerable environment exists with virtually all clubs except the Broncos, undercapitalised as standalone entities. This means most football clubs are not financially robust enough to sustain any significant setback. You only have to look at the situation at Cronulla where the Australian Sports Anti-Doping Authority investigation could result in massive legal bills to comprehend the tenuous situation. Newcastle, Cronulla, Wests Tigers and Manly are under financial stress and may require support from the NRL at some time in the next few years.

Compared to the AFL, the financial performance of the NRL clubs is underwhelming. Even the Broncos generate less than half the revenue of Collingwood despite having a city of 2 million people to themselves.

Read more: http://www.smh.com.au/rugby-league/leag ... z2eYZXbUC5


Raiders

The Raiders club has the support of a string of leagues clubs in the ACT and Queanbeyan housing more than 800 poker machines. The powerhouse of the group is the Queanbeyan Leagues Club, which has been instrumental in forming a property trust with more than $30 million worth of assets. The club has been able to fund the trust and retain a healthy balance sheet of its own. Profits from this trust can be distributed to the football club. This should see the Raiders football team continue to prosper in the coming years even though it is unsure how much debt is attached to the property portfolio.

The Raiders football team has generated around $12-$13 million of revenue in recent years, making it one of the poorest-performing in the competition. This effectively means the football club is uneconomic and demands several million dollars from the leagues club and property trust for support each year. With no competition for funds in the nation's capital, this should stand the football club in good stead for some years to come.

Read more: http://www.smh.com.au/rugby-league/leag ... z2eYZqza6u



the sideways throwball fans had a laugh at some of the struggling afl clubs, a while back, but from the looks of it the NRl far behind, riddled with debt, pretty much all struggling for survival still after owned buy famous business men, a bunch of celebrities or backed buy a string of pokie filled leagues clubs, still isnt enough to be financially viable,

quite interesting the 3 clubs with the biggest revenue
Broncos $32 million
Bulldogs $16.5 million
Cowboys $18.5 million
are still far behind the AFL clubs
Revenue:

Collingwood - $69,249,166
Essendon - $65,431,425
Hawthorn - $57,277,620
West Coast - $55,000,000*
Geelong - $48,957,150
Carlton - $46,637,015 (up $6 million on 2011)
Brisbane - $43,859,151
Fremantle - $42,770,000*
Melbourne - $39,517,200
Richmond - $37,640,767
Port Adelaide - $36,649,694
Western Bulldogs - $32,777,251
North Melbourne - $31,027,110
St Kilda - $30,846,816
GWS - $28,500,000*
figures of 2012

[Drac]

Fascinating reading. Also ONCE AGAIN confirms that the Storm are losing money, as they have been for 15 years.

[NRLCrap1]

Never mind the Storm, Drac. Every club in Sydney except for the Bulldogs are losing money!

[adamj1300]

> no Raiderdave/jackyboy as yet?

[NRLCrap1]

Nup. They've got no answer to the obvious!

[adamj1300]

Nup. They've got no answer to the obvious!

lol wasnt expecting one, but always good to leave it out to them

[adamj1300]

where are all of the reply's from the bumsniffers? eliagh, Raiderdave, jackyboy, parraeels, rabbit

[King-Eliagh]

GWS made 28k in 2012? Wow. How much must've tiks to the games and memberships have cost then?

Bout $4,000 shmackaroonis for general admission and a $6,000 belting for the full membership I'd estimate

Horrible thing is i know for a fact beaussies gws membership cost him all of $50 measly bucks back in 2012. And he went to about 2 games

Nice thread Adam, real nice. :>::

[Fred]

Sponsorship I think would go into it but yes surprised. Suns have a great stadium deal that earns them lots including concerts and other corporate functions

[Raiderdave]

oh how did I miss this little gem >

:_<> :_<> :_<>
yes

lets compare the entire revenue streams of fumble bumble clubs ... against just the football operations of NRL clubs
for a fair overview of their financial situations



>

:_<> :_<>

lets ignore the debt the VFL clubs are holding as well

what is it now
about 115 million

fuck me
what a load of snot .... :_<> :_<>

[Raiderdave]

. Suns have a great stadium deal that earns them lots including concerts and other corporate functions

they need to be earning lots through concerts etc

just to get them within cooee of the millions they're losing in the football dept :_<> :_<>

[Fred]

I also believe they make profits from very low crowds as no stadium fees as they own the rights . Although they averaged a bout 13000 I think this year or was it 15000 ... Not sure. Also as they are hot property they get good sponsorship offering a national profile

[adamj1300]

oh how did I miss this little gem >

:_<> :_<> :_<>
yes

lets compare the entire revenue streams of fumble bumble clubs ... against just the football operations of NRL clubs
for a fair overview of their financial situations



>

:_<> :_<>

lets ignore the debt the VFL clubs are holding as well

what is it now
about 115 million

fuck me
what a load of snot .... :_<> :_<>

oh but but but
they where figures from all football revenue only goes to show how small & behind the times the NRL is. those figures include their pokie filled league clubs, so if they have other streams of income they can't be to great as to the nrl clubs have such small football operations, budgets & still rely on hand outs

[NRLCrap1]

Dave, once and for all which VFL clubs are in debt to that amount?

[Swans4ever]

Been almost a month - RD obviously has no proof that AFL clubs are in debt to 115mil another fairy tale lie!