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…
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;…
A-league Victory remain well clear at the top, but it was Central Coast and Brisbane who made decent gains in this weeks membership tally updates. The A-league added more than 1,500 members this week to its total. National Rugby League Canberra makes its debut on the 2017 tally list this week with a handy…
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…
In November 2016, the final pay details and arrangements for the womens AFL comp were announced. Players will have to pay for private health insurance costs but the new package will see the AFL cover: costs for football boots and runners a travel allowance when playing interstate income protection insurance out-of-pocket medical expenses for 52…
A-league Brisbane and Central Coast gained the most members this week while league leader Melbourne Victory kept the numbers ticking. National Rugby League North Queensland became the latest team to open up a tally on their club website this week, leaving just three clubs without one for the time being. For the second week…
China. Its a country just a little bit to the North of us that has more than one billion people living in it. As such, its a huge market for Australian leagues and sporting clubs to tap into. Recently, to some fanfare the AFL and Port Adelaide Power announced the first game for premiership points…
Australian Football League The National Australia Bank will expand its significant support of the AFL to be the naming-rights partner of the NAB AFL Women’s League next year. The three-year deal, with the option of a further three years, is believed to be worth $2 million-$3 million a year. NAB will also extend its partnership…