leeroy*NRL* wrote: ↑Sat Nov 27, 2021 10:43 am To Quolls.
I would like to see a run down of some Sydney Clubs.
i think it may surprise you with there assets and wealth.
NSW Clubs are very Asset Rich.
Tigers (multiple Leagues CLub)
Raiders (multiple Leagues CLub)
Newcastle (owned by West's Group)
Sharks Huge developments, owns it Ground and Golf Club and course.
(St George Illawarra i would be interested to see there figures)
Manly would be the littlest of the clubs
Can’t find to much on it.
https://www.businessinsider.com.au/the- ... ds-2013-12
Probably the closest I can find but a bit old (2013).
NRL teams are asset richer the AFL teams overall because of their leagues clubs, which lets be real, are dependent on Pokies.
And some teams own their own grounds and developed surrounds which pretty much assures a substantial additional income.
AFL/VFL teams did not have the benefit of pokies (and when they came in the AFL discouraged them so much that only five Victorian clubs still have them).
A good revenue earner though.
The Victorian clubs had and some still do, small social clubs, than the large league clubs.
And none own their own ground which is more a consequence of the way Victorian rules developed than economics, but in retrospect perhaps not the best outcome.
I would think the most NRL clubs are asset richer than AFL clubs.
Value maybe a different argument.
Re the Suns.
I think the AFL will maintain them on the Coast, but a fall back position is to hand the license to the Southport sharks and reduce the need to pour in cash.
Be interesting to to see the value of clubs “if” pokies disappeared.