afl clubs financial position 2021

Then you can access your favorite statistics via the star in the header. The Fremantle Football Club has posted a 2021 operating profit of $1.55 million, seeing a turnaround of more than $2.5 million after posting a loss of $1.07 million for 2020. The AFL view and that of smaller clubs is that this shift to a more genuinely socialised funding system has been successful in that teams such as the Bulldogs and Melbourne have managed to win flags and build stronger balance sheets. National cabinet encourages wearing masks to combat COVID-19. At the same time the Saints have decreased their reliance on AFL funding by $1.1 million compared to 2019. See How IBD Rates . Our members loyalty and the support from our sponsors has carried us through the second year of the pandemic. $29.5 million on the administration of the 2021 mens and womens season, including travel costs to relocate clubs impacted by state border restrictions and administer Covid-19 testing protocols; $53.0 million to Game Development; an increase of $21.0 millionin line with increased activity at Community level nationally through 2021; $18.5 million in running the NAB AFL Womens competition; $23.0 million to infrastructure comprising of elite and community facilities and contributions for stadia redevelopments; and. Distributions increased $117.0 million through increases in club and AFL Players Association distributions; these were reduced in 2020 to offset lower revenue and increased costs of running the mens Toyota Premiership season and returned toward pre-COVID levels in 2021. Grand finalists Melbourne and the Western Bulldogs are set to have their overall funding reduced - both clubs having stronger balance sheets than ever before, having enjoyed on-field success and sold their pokie venues for excellent prices, the Demons selling the Bentleigh Club for $23.7 million this year. All clubs receive the same standard distribution, which was $10.45 million in 2021 and will reduce to $8.45 million in 2022, when Richmond, West Coast, Hawthorn and Collingwood will receive only that amount, with the remainder of the money re-allocated to teams deemed to have the greatest need. Variable funding is the AFLs primary tool for evening up the competition financially and the league has increased the level of redistribution enormously since 2012, when St Kilda and the Lions were given several million fewer dollars than they were later granted from 2015-16, as Gillon McLachlan and his team increased subsidies to the poorer clubs. Richmond and Collingwood will get reduced funding from the AFL.Credit:Getty Images. Hybrid remote in Dallas, TX 75261. Under the redistribution, expansion clubs Greater Western Sydney and Gold Coast are set to be given a larger share of the allocation to the 18 clubs, compared to 2021 - a measure of the AFLs investment in those clubs and the time it will take for them to become independent. The strength of our balance sheet is particularly important right now as we move towards the redevelopment of Punt Road Oval a project that is critical to our future. The Brisbane Lions, who have recovered strongly from a fiscally fraught position and made a profit to $3 million this year, are expected to receive about the same as they did in 2021. They lost $6.1 million in 2020 due to the COVID-19s impact on their largely crowd-free home games, but have fared far better to record a small profit this year. Despite a cut of about an eighth of TV broadcasting revenue in 2020, the cash that came from the media helped the code survive the dark night. in the Carter report ahead of a final position being put to club presidents for a decision on a Tasmanian AFL team," Gutwein said in a press . Next season shapes as a huge year for the Saints as Brett Ratten attempts to win a new contract and steer the club into finals after a 10-win season this year. AFL Chief Financial Officer Travis Auld said the business had prepared for another challenging year, so the financial results and the overall operating loss were a best-case scenario result, considering the circumstances the business had to address throughout the year. It is also essential to the northern market teams, albeit the Swans need much less help than the Lions, Suns or Giants. Just over a year ago, the world was placed on hold. Essendon tackled Richmond at Perth Stadium for the Sir Doug Nicholls Round after the game was moved to Darwin in 2020. All eyes were on the Brodie Grundy-Max Gawn partnership which delivered six goals, but an injury blow to a crucial Tiger stole some of the spotlight. The AFL view is that the Cats have a superb stadium deal at their government-funded home ground, which means they need less support. Yes, we have won a premiership and thats given us a $2 million injection that has allowed us to announce a profit (this year), but without the members keeping their memberships and without the sponsors staying on, we wouldnt be in this position.. Teal MP Zoe Daniel attacks the AFL's relationship with sports betting advertising, while Nationals leader Littleproud says new curbs on the gambling advertising were imperative. Revenue of the AFL in Australia 2012-2021 Published by Statista Research Department , Dec 13, 2022 In 2021, the Australian Football League (AFL) in Australia generated over 738 million. North Melbourne, who have faced constant financial pressures and talk about relocation to their second home in Tasmania, ranked only sixth in variable funding, surprisingly trailing not only GWS, Gold Coast and the Lions (in that order), but the Saints and Bulldogs, despite the Dogs 2016 premiership and superior balance sheet. Mr Goyder also thanked the respective governments and health officials for the integral role they played in assisting the AFL deliver footy to all fans across the country. Geelong said the ongoing support of its membership base, the team reaching the 2021 preliminary final, and its managements response in reducing the cost base materially during the previous financial year all assisted the club in producing the exceptional financial result given the circumstances. 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The AFL spent almost $30 million on COVID-19 related costs in 2021, taking it to a combined $76 million during the past two seasons. Please do not hesitate to contact me. The Roos were slightly ahead of Melbourne, who were a clear seventh on the AFL funding ladder, but will lose some funding after winning the premiership. Get full access to all features within our Business Solutions. We were pleased to see crowds back at both the MCG and UTAS Stadium this year and we look forward to this happening more in 2022, he said. The AFL reported an underlying operating profit of $20.7 million in 2022, compared with an underlying operating loss of $46.1 million in 2021, an increase of $66.8 . To all 50,144 members who have supported the club through this challenging period, we thank you.. Get a Leaderboard Chart for AFL? AFL players agreed to take a 50 per cent pay cut in the wake of the coronavirus pandemic. The gap in funding and the extent of the socialised model was evident in a table, obtained by The Age, that showed what the profit and loss position of the 18 clubs would be, from 2017 until 2020, with and without variable funding. The figures showed St Kilda would have lost $32.6 million, Melbourne $19.1 million, Port Adelaide $14.56 million, Brisbane Lions $35.2 million and Gold Coast and GWS would have had aggregate losses of $45.2 million and $50 million, respectively. These facilities were extinguished in 2021 following the continued focus on managing the overall cost base and driving revenue growth, while delivering the season safely in a pandemic environment,Mr Auld said. Some clubs relied on more walk-up fans and member churn for their attendance income. After the hardships of 2020, the blows delivered by Covid-19 in 2021 hit everyone with force, Anderson said. Amateurs still featured in the VFL right into the 1970s, and the wages of paid players for much of the century (under the Coulter Law) was limited to about $5,000 in today's money. The Bulldogs completed the sale of its gaming activities during this financial year, recording a one-off gain on the sale of $4 million. Demons chief executive Gary Pert said the clubs ability to emerge from a second year of the global pandemic in the best financial shape in its history was testament to the loyalty of its members and the ongoing commitment of its sponsors. The effects of COVID-19 can be seen in club annual reports. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. See the match notes, news and updates here. The games collective unity and determination enabled us to withstand what some would say was an even bigger test than the year prior. Much of the hit came from the loss of match-day revenue. The redistribution from rich to poor over the decade and especially figures from 2017 to 2020 that counts one year of the pandemic also raises questions about the sustainability of the financial model in the eyes of some clubs, given the large number of teams that rely on the AFL to remain in the black or to manage debt. The Giants have received about $100 million more funding from the AFL than the Pies over the past decade.Credit:The Age. The club would like to acknowledge the continued support of the State Government with its funding commitment to complete stage five at GMHBA Stadium and the clubs ongoing partnership with the Kardinia Park Stadium Trust providing rental relief during the financial year. 2015 Annual Report. All the while the Kangaroos have continued to invest in football programs and facilities at their base in recent years, and will continue to do so. While our result was underpinned by the sale of The Brook gaming venue, we must acknowledge and thank the ongoing contribution of our Geelong Strong members in season 2021, in what was another disrupted and challenging year in being able to attend games of football, Kelleher said. UNM. Live attendance forms the backbone of the spirit of football but as technology has improved, in-person attendance isn't the only way you can support your team. Available: https://www.statista.com/statistics/1299806/australia-revenue-of-the-afl/, Revenue of the Australian Football League (AFL) in Australia from 2012 to 2021, Available to download in PNG, PDF, XLS format, Total industry value added from sports and recreation in Australia FY 2010-2021, Persons employed by the sports and recreation industry in Australia FY 2010-2021, Sports and recreation industry financial figures in Australia FY 2021, Share of adults participating in sports Australia 2022, by frequency, Share of sports participants in Australia 2022, by type of sports, Most popular organized physical activities for children in Australia 2022, Share of children participating in sports Australia 2022, by frequency, Number of female adults participating in sports Australia 2022, by venue, Number of male adults participating in sports Australia 2022, by venue, Number of health and fitness centers in Australia 2021, by revenue, People visiting gyms, fitness clubs, sports or leisure centers Australia 2022, by age, Number of fitness and gym participants in Australia 2022, by gender, Revenue of the AFL in Australia 2012-2021, AFL club memberships Australia 2022 by club, Total revenue raised by NRL Australia FY 2012-2021, Expenditure in media, broadcasting, and marketing by Cricket Australia FY 2019-2022, Revenue from contracts with customers Cricket Australia FY 2019-2022, Share of adults using tech for sports Australia 2022, by technology type, Number of adults using tech for sports Australia 2022, by technology type, Number of adults using wearable tech for sport Australia 2022, by age group, Number of adults using tracking or training apps Australia 2022, by age group, Fitness and health service online purchases in Australia 2022, Fitness and health service purchases in Australia 2022, Attendance at professional sports events in the UK 2022, by sport, Attendance at professional sports events in the UK 2019-2021, by month, Attendance at professional sports events in the UK 2012-2022, Europe: leading professional football clubs in 2022, by midpoint enterprise value, Preference between college and professional sports in the U.S. 2022, Preference between college and professional sports U.S. May 2022, by age, Preference between college and professional sports U.S. February 2022, by gender, Preference between college and professional sports U.S. May 2022, by ethnicity, Overall football attendance in the United Kingdom (UK) in 2021/22, by league, Women's professional sports fans worldwide 2021, Men's professional sports watching frequency in the U.S. 2021, Women's professional sports watching frequency in the U.S. 2021, Sponsorship market size of professional sports South Korea 2015-2020, Europe: aggregated total revenue of top division football clubs 1996-2021, Most popular ways women can support women's professional sports in North America June, Parents' opinions on allowing their kids to play tackle football in the U.S. 2023, Fan Cost Index pro sports leagues in the U.S. 2022, Favorability of new names for the Washington Football Team in the U.S. 2022, Perceived safety of football in the U.S. 2023, Perceived safety of football in the U.S. 2023, by age, Men's professional sports watching frequency in the U.S. 2021, by gender, Revenue of the Australian Football League (AFL) in Australia from 2012 to 2021 (in million Australian dollars), Find your information in our database containing over 20,000 reports, 1.2 million supporter members spread among the 18 clubs, 620 thousand adults participating in the sport in 2022. Once again, we would like to thank our members for their continued support. Whatever way it goes, [we] want to have a strong voice in that discussion.. The 1,113,441 number surpasses the record of 1,057,572 that was set in 2019. These expenses included extensive covid testing, additional travel and accommodation requirements and the setup of multiple high-performance centres to house travelling teams and families. to incorporate the statistic into your presentation at any time. In a statement, Geelong said it was focused on identifying new opportunities to substitute gaming revenues to ensure a sustainable operating model into the future, including expanding its investment in the health and fitness and hospitality industries. Of this year's crop of key position players, the premier tall is Sam Darcy, who stands at 204cm and looms as a future star. AFL sources said the larger allocation to the Tigers reflected their far weaker position earlier in the 2010s, when they carried a sizeable debt and did not have anything like their present day membership or income. Please try again later. The Korin Gamadji Institute and the Bachar Houli Foundation are central to much of that work connecting with young people in these difficult times and empowering them to shape their futures.. Our sponsors have also stood firm with us during another difficult year. AFL : 68.12 (-0.04%) UNM : 45.57 (+2.29%) March 7, 2022. Bulldogs chief executive Ameet Bains said this and the mens team reaching the grand final had underpinned the strong financial results. Some astute financial management from Amarfio and past chief executives Eugene Arocca and Carl Dilena across the past 10 years, much-needed sponsorship dollars and an ongoing commitment of the clubs loyal members, especially through the pandemic, helped to turn the tide. Critical decisions were made in 2020 to underpin the financial strength of the industry with the introduction of debt facilities to the value of $660 million. A number of clubs will not release their financial reports until early next year. The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show . While it's often easy to think of professional sport being rife with cash, that often doesn't trickle down to the lower-paid staff supporting the on-field product. As society starts to spin back into gear, the AFL is preparing for a challenge it hasn't faced before how to rebuild. After all revenue, operating expenditure and distributions, the AFL recorded an underlying operating loss of $43.0 million, compared to an underlying operating loss of $22.7 million in 2020. If we can grow our membership and build big blockbuster crowds at the MCG because we are playing good footy against the best teams, there is no reason why we cant be even financially stronger. A paid subscription is required for full access. Picture: AFL Photos. In the spirit of reconciliation the AFL acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. 2 nd in group. The strong financial result was underpinned by the sale of The Brook gaming venue in November 2020, resulting in a gain on sale of $2.4 million. As soon as this statistic is updated, you will immediately be notified via e-mail. The report also provides assurance that the City presents fairly its financial position as verified by independent auditors. The expansion teams have consistently been funded to the tune of more than $20 million, covering their player payments and most of the soft cap, over the past several years, except for the COVID-curtailed 2020, when AFL revenue shrank. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Most of all, I want to thank our members and supporters for their passion and commitment to their Clubs and everyone who watched the games and supported us collectively across both the NAB AFL Womens Competition and the Toyota AFL Premiership Season.Total AFL Club membership reached an all-time record1,113,441members in 2021. 2021 Annual Report. We saw all areas of the club display great flexibility and agility in making significant changes to the way we operate. The hard work put in by our entire club over the last decade has put us in a position to realise the dream of reimagining the Whitten Oval precinct for our four elite teams and the community of the west, he said. For the last 30 years, Australian Football's professional boom has rolled along untrammelled. Dogs free-hit signing a brick wall, Gawndy fires as Tigers sweat on stars fitness, Player ratings: Stocker in frame for Saints debut, Dons battling, Every SuperCoach score: Bargains galore, Gawn dominates, New injury fears for Eagles ahead of Round 1, Dogs allay injury fears after bruising pre-season hitout. Presented by Ford. Mandalay Baseball and the Braves proposed to bring the franchise to town if Wilmington would build a $37 million, 6,000-seat stadium, necessitating a 2.5-cent property tax increase. Those changes ensured we delivered an exceptional financial result in 2021, whilst the club was able to continue to perform at a high level on and off the field. With extensions to broadcast deals already locked in, and the lifting of crowd restrictions in most states, the journey may be quicker than thought even six months ago. These are experiences that will only reinforce these important partnerships in the future. The loss of $2 million each to the first four of those four clubs means that, in effect, as one source from a wealthy club pointed out, there will be a gap exceeding $6 million each year between what the AFL provides to the richer clubs and the total player payments (TPP). Some externally feared the weight of that debt as well as the crippling interest repayments made them one of the most vulnerable AFL clubs. Footy brings people together, it provides a sense of connection. FY 2021 (PDF, 381KB) HOT Report - FY 2020 . Greenwood will reunite with Kangaroos senior coach David Noble, with whom he worked at. Revenue of the Australian Football League (AFL) in Australia from 2012 to 2021 (in million Australian dollars) [Graph]. Whilst a challenging year financially, we increased our commitment in making a significant and meaningful difference in our community, and will again focus on our community impact in 2022 and beyond. The Saints have, however, cut their debt, which had topped $12 million at one stage. In addition, management is developing the clubs vision for the next evolution of the clubs high-performance facilities for both its AFL womens and mens teams. The Blues are seen as a club with enormous potential to generate interest and money if they can rise to premiership contention. Club president Ben Buckley and chief executive Ben Amarfio will make the announcement at a special media conference at Arden Street on Friday morning. The club now proudly has no direct revenues from all forms of gambling and gaming, and is focused on identifying new opportunities to substitute gaming revenues to ensure a sustainable operating model into the future, this includes expanding its investment in the health and fitness and hospitality industries through its award-winning Higher Mark business. As a result, the club is debt free as at 31 October 2021. Clubs, of course, tailor their spending to their revenue and so the figures are largely a demonstration of funding differences rather than a reflection of what would happen. Despite the COVID-19 restrictions and disappointing on-field results throughout the season, the Blues grew their membership base, up 21 per cent to 81,302, a record-high for a sixth consecutive year. The once cash-strapped Kangaroos now have money in the bank and a locked-in future at their traditional Arden St home base after posting a 13th profit from the last 14 seasons, despite a second year of Covid interruptions. CEO Simon Garlick attributed the result to Fremantle's member and corporate support base who continue to stand by the Club financially through the challenges of Covid-19 . We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. The clubs that think that theyve probably sacrificed too much already will want something else. GWS, thus, is expected to get a small boost in funding, while the Bulldogs who rank only behind the Saints among Victorian clubs for extra funding will have their funding chopped. The news caps off a great week for North Melbourne following on from the signing of experienced midfielder Hugh Greenwood after a Gold Coast list miscalculation backfired. Kennett had been under pressure for the clubs handling of a messy succession plan that saw Sam Mitchell take the coaching role from Clarkson who still had a year to run on his contract. Some clubs, like Richmond, with diversified economic profiles received more in JobKeeper, while others with streamlined staffing profiles naturally got less. The covid overlay hasnt allowed this social connection to happen as much as we would like, so this year we are focusing our efforts to ensure this happens across all levels of our game.-----Key AFL financial summary:The AFLs revenue increased by $63.3 million to $738.1 million, due to increased broadcast revenue and improved commercial returns. AFL clubs and broadcasting manager Travis Auld speaking to media in 2020. Liam Stocker is firmly in the mix for a round 1 debut at St Kilda after impressing against Essendon. Please create an employee account to be able to mark statistics as favorites. This revenue assisted in covering the following costs: Operating expenditure decreased by $22.5 million. But the president, who has indicated he will start a process to identify his successor, said the club was in a strong position off the field. The 2021 result includes a commitment to the AFLPA for a share of revenues captured over the 2017-2021 seasons. Management have developed a clear strategy under new CEO Steve Hocking for crowds to return in season 2022, kicking off with the AFL W season in January. Eighty per cent of all jobs across AFL headquarters and the clubs were either cut or furloughed during the peak of the COVID shutdown, with the players taking a 50 per centpay cut over the period. AFL Clubs Adelaide Crows Brisbane Carlton Collingwood Essendon Fremantle Geelong Gold Coast Suns GWS Giants Hawthorn Melbourne North Melbourne . Keep up to date with the best AFL coverage in the country. Will the recent negative trend continue leading up to . Those changes ensured we delivered an exceptional financial result in 2021, while the club was able to continue to perform at a high level on and off the field. Our football community, from our players, coaches and officials and our committed broadcast and corporate partners, all made the relevant sacrifices to ensure the health of the community was put first and we still delivered matches for the fans. Ironically, as we get to the end of the second year of the pandemic, the club is in the best financial position it has been in its history, Pert said. 4-1 Hybrid work schedule (4 days at home - 1 in the. Chart. With the wave of support from the Carlton faithful right across the country behind us, we will continue to move this football club forward in pursuit of the sustained success, on and off the field.. Melbournes greatest on-field season in more than half a century has ended with an operating profit of $2.1 million to sit alongside the clubs drought-breaking 13th VFL-AFL premiership triumph. 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The stakes to rebuild the game now are much higher, and an opportunity presents itself to shape the future financial direction of the game. West Coasts casualty ward looks set to increase with Josh Rotham sent for scans on a forearm injury, writes MARK DUFFIELD. We acknowledge the ongoing support of our major partner Ford and other principal partners GMHBA, Cotton On, Deakin University and Morris Finance; No crowds at our final four AFL mens home games; Continued restrictive trading conditions for our hospitality business Higher Mark and Geelongs Gym due to government health measures through the COVID-19; and, Depreciation and amortisation expense of $3.0 million. It showed that West Coast, who made a monstrous profit after the 2018 flag, would have an aggregate profit of over $32 million ($8 million plus per year) without variable funding, and that under the same scenario the top six clubs would have averaged more than $3 million in profits, but that only eight clubs would be in the black. This operating result has contributed to the Blues declaring a statutory net profit position of $20,257,029 for the year ended 31 October 2021 inclusive of government grants and philanthropic contributions towards the IKON Park Redevelopment, which has now surpassed 50 per cent completion.

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