For the eighth time in nine years, North Melbourne has recorded a profit. The club recorded a net operating profit of $470,046, while again reducing the club’s overall debt by a further $400,000 in the last financial year. Managing Director and CEO Carl Dilena said North Melbourne was in a strong financial position. “We are…
The Western Bulldogs Football Club has announced an operating profit of $3,641,018 for the year ended 31 October 2016. It is the third consecutive year of profit for the Club. The Club’s total revenue rose to a record $48.4 million, surpassing last year’s previous record of $41.3m. The Club’s net debt reduced from $8.3m to…
The on and off-field improvement at Carlton continues, after recording a $1.1 million operating profit before depreciation and amortisation for the year ending October 31, 2016. Including depreciation and amortisation, the Club recorded a net deficit of $765,000 – in comparison with $2.7 million in 2015. President Mark LoGiudice said the financial turnaround was a…
The NRL and Grant on Tuesday again refused to give firm numbers, however the NSW, Queensland and Country rugby league associations all said while numbers were down, there was plenty of silver lining. Across all three of the major associations, there is a broad trend towards a slight drop in numbers, driven by declining male…
The A-league Adelaide United have continued their push to strengthening relationships into China by signing CubeGoal as the their new Chinese sports and media partner for the rest of the 2016-17 season Perth have announced that National Storage and Goodlife have extended their sponsorships to include the clubs W-league teams. Sydney FC have agreed a renewed five-year partnership with Official…
Seven of the 10 most-watched shows in Canberra this year were sports telecasts, led by the first two State of Origin matches (back when WIN showed Nine’s programs). Cronulla’s NRL grand final win and the AFL grand final were also popular.
The Geelong Football Club has announced a net profit of $2.3 million for the 2016 financial year. The club’s net asset position improved by 28.6% to $9.9 million and revenue increased by 10% to $54.6 million. The major factors in the financial outcome include: The club’s continued investment in the football department, with total outlay…
St Kilda Football Club has delivered an operating profit of $150,589 for the 2016 financial year before grant funding revenue, depreciation, amortisation and interest, and an overall accounting net profit of $1,107,311. Included within the accounting net profit is Moorabbin Reserve grant funding and additional depreciation of the Seaford premises due to the expected relocation…
In August 2015, the Sydney Morning Herald reported that the NRL clubs want an increase in their annual NRL grant from $7.5 million a year to $12 million if the salary cap rises to $10 million a year in 2018 – or an annual payment of more than $2 million in excess of their total wages bill for players. The…
MELBOURNE Football Club has reported a profit of $720,218 for the year ending 31 October 2016. This is Melbourne’s third consecutive profit with the outcome representing another year where the Club has improved its financial position. The result saw Club revenue grow to $47.5m, an increase of $3m from the previous year. This was driven…
The Collingwood Football Club has announced an operating profit before depreciation of $1,551,350 (2015 – $1,880,927) for the financial year ending 31 October 2016. The final declared statutory result for the 2016 financial year is a net loss of $2,622,623 (2015 – profit of $848,076). Collingwood was also required to contribute $1,405,904 to the AFL’s…
The AFL has released its 2016 participation figures. THE ESTABLISHMENT of the new AFL Women’s competition is the major reason behind an enormous spike in participation numbers, according to latest figures released by the AFL. A 56 per cent increase in female community club teams boosted the total female participation by 19 per cent to…
The Brisbane Lions Australian Football Club has recorded a net operating loss of $1.78 million for 2015/16. The Club generated a trading loss of $0.3 million for the year ending October 31, 2016, prior to depreciation and interest costs. The $1.78 million loss in 2015/16 was in line with the Club’s budget forecast for the…
The A-league Wellington gained the most members this week up more than 370 to 4,547,but still with a firm grip on last place on the A-league Membership ladder which has Victory firmly on top. Overall the league gained more than 1,300 members this week as it edges towards the 110,000 mark for 2016-17. Australian Football…
AAP reports that Soccer’s national governing body posted a small deficit of $387,000 in Steven Lowy’s first year as chairman. The chief earner for the organisation among $103.5 million of incoming funding in 2015 was the $42 million paid for broadcasting rights. However, there was an almost $4 million drop in sponsorship revenues while Gate…
Richmond will report a deficit of $80,257 for the financial year ended 31 October. The Club generated an operating surplus of $1.2 million but after amortisation and depreciation, a small loss will be reported. The Club generated revenue of $47.5 million, an increase of $825,000 year-on-year. Richmond’s $459,000 profit in 2015 was the result of…
News limited is reported that BLKs parent company has been placed into administration. This affects a lot of clubs – and not just professional. AFL Teams affected Adelaide – signed until the end of 2018. Brisbane – signed until the end of 2018. Gold Coast – signed until the end of 2018. Greater Western Sydney…
The Heraldsun reports that Essendon is going to report a 9.8 million dollar loss in 2016. The loss includes $4.4 million in legal expenses and agreed compensation, $3.1 million from fallen revenues and $1.5 million for top-up players used in the 2016 season as cover for suspended players. There was some reduction in commercial revenues…