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 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…
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…
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…
The Daily Telegraph reports that the Sydney NRL clubs lost a combined 34.1 million in 2016. SOUTH Sydney suffered almost a $4 million downturn in fortunes after posting a healthy $1.4 million profit last year; THE Sharks performed the best, posting a loss of just $500,000 this year; THE Sydney Roosters will lose $3.2 million;…
Hawthorn Football Club has recorded a net operating profit of $2.57 million ($2,573,491) for the financial year ended 31 October 2016. Key points of the report: Club net operating profit of $2,573,491 for year ended 31 October 2016. Achieved a record membership tally for the tenth consecutive season. 2016: 75,351 (2015: 72,924), including 9,249 Tasmanian…
Periodically certain AFL leaning folks bring up the Melbourne Storms funds and debt profile over the years. In 2010, Crikey noted that the Storm had been losing 6 million a year, with News covering the losses. In 2012, the Australian Rugby League Commission guaranteed $26.5 million over the next six years to Melbourne Storm with…
Fairfax media is reporting that the Newcastle Jets have contributed to serious losses in the 2015 financial year for the FFA which is hoping to finalise the sale of the Jets by the end of the year after incurring millions of dollars in losses from running the club since assuming the ownership from Nathan Tinkler…
The Financial Review reports that the West Coast Eagles are the most profitable football club in the country, but only about one-third of teams across the four codes are managing to break even. Analysis of the balance sheets of all the Australian teams in the AFL, NRL, Super Rugby and A-League competitions found only 17…
Note both results are the consoldiated results of the ARLC and the AFL.
The NRL 2015 Annual Report is out, and bits and pieces of it will be posted to the relevant sections of the site over the next few days, for now though, heres its comparison with last years annual reports. References: 2015 NRL Annual Report 2014 AFL Annual Report 2014 ARU Annual Report 2014 FFA Annual…
The West Australian reports that Fremantle have more than tripled their operating profit on the back of winning a maiden minor premiership last season and Nat Fyfe becoming their first Brownlow medallist. The club today posted a $763,775 net profit for the 12 months to October 31. It is the 13th successive year the Dockers…
Fairfax is reporting that the NRL has made a significant loss this season, despite record revenues. Australian Rugby League Commission chairman John Grant said the sport needs to improve its attractiveness to sponsors and business after the NRL slumped to a $18.7 million loss in 2015 despite record revenue. The result was a $39 million less than…
As we get closer to the full reports release, the AFL as usual drips the information out to us as needed. This week, player wages and some handy graphics. The AFL website reports that AFL players have streamed further ahead of other sports – and other industries – as some of Australia’s highest paid professionals,…
News Limited reports that new financial figures revealed from a leaked NRL document show desperate clubs lost a combined total of $42.7 million on the 2015 season. The Parramatta Eels were the worst off with a football operations loss of a staggering $8 million before they were bailed out by their Leagues Club. The Penrith…
Fairfax reports thats the fight for a greater share of the record $2.508 billion broadcast rights spoils has begun, with AFL clubs pushing for the league to follow the NRL and markedly increase the amount distributed to each club. Geelong president Colin Carter said the equalisation tax had been “poorly designed” and that, if the…
Fairfax reports today that the 10 Victorian-based AFL clubs managed to cut their debt levels but financial losses increased in 2015. An analysis of the annual reports lodged by the 10 clubs showed them making a combined loss of just over $2 million last year from revenue of $501 million. Better news was found in…
Fairfax media are reporting that Balmain have asked for a final full year extension to repay $5 million in debts owing to the NRL, believing that given enough time they can set up a proper repayment plan. There is presently a deadline of March 31 to meet the repayment deadline. If the financially stricken club…
The Courier-Mail reports that Brisbane Roar have finally put their financial problems behind them after paying more than $5 million dollars in the past four months to clear their debts. Football Federation Australia confirmed that Roar owner Nirwan Bakrie met the January financial deadline he had been set to meet commitments or face the likelihood…