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…
Its quick and rough, and probably needs some refinement
The Australian Rugby Union (ARU) has announced new and significantly improved media rights arrangements for 2016-2020 which will enable the code to re-energise the game at grassroots level and invest in key strategic areas to ensure its future health and prosperity. The ARU will receive a total of AUD $285m in media rights revenue from…
The Sydney Swans Football Club today announced a profit of $300,397 for the 2015 financial year. It is the Club’s fifth successive profit and was achieved on revenue of $45.5 million. The Club has no debt and net assets of $2 million, however Chairman Andrew Pridham noted that the Club would need to make a…
The Brumbies increased sponsorship by more than $1 million this year to rake in $4.98 million. Jones is targeting a further sponsorship increase to more than $7 million next year. The new broadcast deal will bring in about $5 million per year over the four-year deal, giving the Brumbies an immediate cash injection. The Brumbies were…
Annual Reports Brisbane Bears – Fitzroy Lions Football club Limited 2015 Annual Report Carlton Football Club Limited 2015 Annual Report Collingwood Football Club Limited 2015 Annual Report Hawthorn Football Club Limited 2015 Annual Report Richmond Football Club Limited 2015 Annual Report Essendon Football Club Limited 2015 Annual Report Melbourne Football Club Limited 2015 Annual Report…
AFL Geelong have extended their deal with Ford through the end of 2020. Adelaide have signed a 3 year deal with Hertz to be their match ball sponsor. Adelaide have signed a 2 year deal with MJ Bale to be their official suit sponsor Carlton have signed a 2 year deal with ZTE to be…
Fairfax media is reporting that St George Illawarra have put a $10 million price tag on a 50 per cent stake in the joint venture, as negotiations continue with the WIN corporation. Fairfax Media understands discussions have stepped up in recent weeks between the Dragons and WIN television owner Bruce Gordon, in a bid to…
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…