Profit from the additional features of your individual account. The 2021 result includes a commitment to the AFLPA for a share of revenues captured over the 2017-2021 seasons. In the past, the AFL fully funded the player payments. We have got to have that financial backing to be reflective of the big Melbourne clubs.. Richmond Football Club has reported an operating profit of $2.5 million for the financial year, ended 31 October. The Saints have a large debt of $9.5 million, behind only the Brisbane Lions, but did reduce their debt by $4.26 million last year. We have survived the most challenging two years in the games history and while we know the next 12 months will continue to surprise and test us, our priority remains to keep our game as affordable and accessible as possible for all. While this asset base, and continued support of sponsors and members was critical, the most critical piece of the puzzle was the broadcasting rights deals that underpin the financial backing of the game. The average player salary for a listed player in 2021 was $372, 224 . The AFL has shed about $700 million in revenue over the course of the pandemic in 2020 and 2021, forcing major cost cuttings and wiping out their cash reserves and future fund but avoiding any debt. As such, sporting codes will have to plan from A to Z. In a statement on the club funding differences, an AFL spokesman said: We have a club funding model that is integral to the competitive balance of the competition and supports the notion of any given Sunday, and clubs get different levels of funding depending on their individual circumstances.. Can the dogs of Chernobyl teach us new tricks when it comes to our own survival? There is a clear view that teams based at (now AFL-owned) Marvel Stadium, except for Essendon and Carlton (which split home games with the MCG), required more variable funding than MCG tenant teams. West Coast Eagles have fallen from first place to seventh on the AFL's revenue ladder from 2019 to 2020, with a 56.5 per cent decline in revenue given crowd restrictions in Perth last year. The profit was generated from a revenue base of $73.8 million. But the club has credited its increase in cash reserves and the investment in redevelopment of Olympic Park training base as significant positives for the Pies. Essendon listed net assets of $49m for 2021 compared to $40.8 million in 2020, received $7m in donations and grants that resulted in a statutory profit of $8.2 million and said it would now turn its attention towards redeveloping the iconic Windy Hill precinct. The outstanding financial result in a pandemic year has allowed the club, which now has the longest premiership drought in the game, to decrease its whopping debt to $9,562,300. 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. The Bombers released their annual report on Wednesday and revealed they had signed 81,998 members for the 2021 season as well as announcing the completion of their $50 million Hangar facility. The 1,113,441 number surpasses the record of 1,057,572 that was set in 2019. That fall wasn't distributed equally and neither was the ability to commensurately cut costs. If you are an admin, please authenticate by logging in again. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. Sydney has managed to scrape together a $54,598 net profit following an AFL season in which it spent large periods outside of New South Wales because of Covid-19 lockdowns. Rival clubs largely accept that GWS and Gold Coast will need massive levels of AFL support for decades to build backing in their challenging, non-traditional markets. With operating revenue increasing by 33.3 per cent to $47.4m, chief operating officer Simon Kelleher said the Cats were in a strong position heading into the 2022 season. Old hierarchies of need shifted as some smaller clubs found themselves relatively better off. The AFL has today forwarded its 2021 financial results to the Presidents and Chairs of the 18 clubs, in the lead-up to next months Annual General Meeting. To use individual functions (e.g., mark statistics as favourites, set While Australia has faced big, life-altering challenges before such as the 1918 influenza epidemic and two world wars, sport in Australia has been more of a semi-professional pursuit than a fully professional one. Gryan Miers spoke with Cats Media after the practice match against Brisbane. The Giants have received about $100 million more funding from the AFL than the Pies over the past decade. The AFL view is that the Cats have a superb stadium deal at their government-funded home ground, which means they need less support. This revenue assisted in covering the following costs: Operating expenditure decreased by $22.5 million. A paid subscription is required for full access. Our sponsors have also stood firm with us during another difficult year. Key items contributing to the financial outcome include: Whilst 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 Geelong Cats Chief Operating Officer Simon Kelleher said. AFL Club Member Summary 1984-2021 Clubs - 1992-2015 GWS Members MCC Member Survey - 2008, 2010 & 2015 Swans Melbourne Memberships AFL Participation 2008 AFL Participation 2009 AFL Participation 2012 AFL Participation AFL Sponsorship News Club Jumper Manufacturers Marks for marques: new car intention at AFL clubs AFL Stadiums 2019 AFL Venues 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. The government's rollout of JobKeeper helped reduce the level of cuts, with clubs accessing around $70-80m collectively from the scheme. The total payments to AFL Executives equated to $9.8 million, compared to $7.0 million in 2020, and $10.4 million in 2019. 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. See the match notes, news and updates here. AFL clubs ranked 1 to 18 on revenue for 2017 sees Richmond move up but four teams still ahead of them. AFL earnings call for the period ending March 31, 2021. . They have since wiped that off. The effects of COVID-19 can be seen in club annual reports. They were still given total variable funding, however, of just less than $2.5 million, from 2018 to 2020, after they won the 2017 premiership, but nothing in 2021. Kennett credited the Hawks 77,000 members and commercial partners for enabling the club to maintain its financial independence during a pandemic that has created two years of challenges and uncertainty. Most significantly, our members and supporters were challenged and, as has always been the case, they stood firm. You can only download this statistic as a Premium user. Consistently analyze financial information based on both routine and ad-hoc reports. We have wiped, I think, over $9 million of debt in the last decade. Were working to restore it. 2015 Annual Report. Were sorry, this feature is currently unavailable. 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.. 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. These are experiences that will only reinforce these important partnerships in the future. "Revenue of the Australian Football League (AFL) in Australia from 2012 to 2021 (in million Australian dollars)." 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. North Melbourne had not been debt-free since 1987, which means this is the first time the club has not carried any debt since the start of the national competition. 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. 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. To all 50,144 members who have supported the club through this challenging period, we thank you.. Essendons report revealed an increase in match day and stadium returns of $3.3m due to being able to play a full 23-round season, with most games in front of crowds, albeit limited, and the highly successful sell out Dreamtime game in Perth. The AFL reduced its operating cost base in 2020; these cost savings were maintained through 2021. Richmond and Collingwood will get reduced funding from the AFL. The net operating profit of $1,282,346 for 2021 was a dramatic improvement on the break-even result achieved in 2020 of $34,639. In 1927, then-rich Carlton made 5,700 pounds or about $470,000 in 2020 dollars. . 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 club has embarked on a major upgrade of RSEA Park in Moorabbin which has become the clubs home again after the failed Seaford venture. FY 2021 (PDF, 381KB) HOT Report - FY 2020 . Urgently hiring. Geelong and Adelaide are not far behind the so-called power clubs of Collingwood and West Coast, in terms of receiving modest funding from headquarters, the Cats getting variable funding (aggregate of $2.13 million from 2012 to 2020) in only six of the past 10 years. A F L A C Inc (AFL) - OFFERS CANCER, ACCIDENT, HEALTH, DISABILITY AND LIFE INSURANCE IN JAPAN AND THE U.S. GROUP LEADERSHIP. The Club has also remained fully invested in its social impact programming it is at the heart of our purpose as a football club. Some clubs, like Richmond, with diversified economic profiles received more in JobKeeper, while others with streamlined staffing profiles naturally got less. Western Bulldogs are confident their round 1 plans remain on track despite several injury scares in their big pre-season win over North Melbourne. By portadelaidefc.com.au on Feb 11, 2021, 7:00pm The Port Adelaide Football Club has announced a net loss from continuing operations of $278,806 for the financial year ending 31 October 2020. But TV audiences stayed solid, rising 15 per centin the chaos of the pandemic compared with 2019. Former coach Grant Thomas, who has been pushing for board change, has pointed to the significant debt as one of the clubs biggest issues along with its on-field performance and 55-year flag drought. AFL funding ladder revealed: $100m gap between top and bottom clubs. Collingwood has posted a net loss of almost $700,000 as it deals with the on-going financial impact of Covid-19. engages in the provision of financial protection services. 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 . Find out more about our policy and your choices, including how to opt-out. Professional football in Australia has not always been a high-money, high-stakes game. The club was precariously placed when it owed as much as $9 million in the years after rejecting a massive financial carrot from the AFL in late 2007 to turn its back on Melbourne and relocate to . Its no secret that two chaotic years have taken their toll but the recently released financial reports from 11 clubs paints a stunning picture of resilience. As we navigated through the on-going effects of the pandemic, it continued to test the resolve and, at times our patience, as we collectively worked through the week to week, and sometimes day to day uncertainty that the pandemic presented. AFL : 68.12 (-0.04%) UNM : 45.57 (+2.29%) The Giants averaged $10.46 million in variable funding from 2012-2020, followed by the Suns ($9.8 million), with a jump down to Brisbane Lions ($6.03 million) and then the Saints ($5.69 million). These unprecedented results were a significant driver in achieving such a fantastic financial result in 2021, Pert said. Premium events and corporate boxes were mostly impossible and many fans opted for options such as reduced cost memberships or fees deferred toward next year's membership. Were sorry, this feature is currently unavailable. Sport wasn't immuneto thoseclosures. Show publisher information Posted Tue 24 Aug 2021 at 1:52am Tuesday 24 Aug . Geelong Announces 2021 Financial Result By Kevin Diggerson on Nov 28, 2021, 10:00pm The Geelong Football Club has announced a statutory net profit of $4.7 million for the year ended 31 October 2021. Then you can access your favorite statistics via the star in the header. 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. Collingwood chief executive Mark Anderson said the financial difficulties of this season were just as hard as last year. West Coasts casualty ward looks set to increase with Josh Rotham sent for scans on a forearm injury, writes MARK DUFFIELD. The Saints on Friday announced the club had recorded $3.6 million profit for the year which, including facility funding revenue, interest and depreciation, totalled a $12.8 million statutory profit. Full-time. Some externally feared the weight of that debt as well as the crippling interest repayments made them one of the most vulnerable AFL clubs. Recruit of the year? This operating result has contributed to the Club 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. The Saints and Bulldogs, for instance, have gained more AFL funding than Melbourne. March 7, 2022. 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. Club president Ben Buckley and chief executive Ben Amarfio will make the announcement at a special media conference at Arden Street on Friday morning. Flexibility and innovation have been the cornerstone of delivering shared value. The AFL will retain between $8 million and $10 million from that $36 million pot, which will be re-directed to clubs that have special needs during 2022 - a plan that is mindful of the unequal and unpredictable impact of the pandemic upon clubs in different states. Stories of football department staff taking on jobs in other industries are rife, as are tales of staff left in the lurch. Access to this and all other statistics on 80,000 topics from, Show sources information The AFL has spent an additional $76 million across 2020 and 2021 on Covid-related expenses to ensure the health and safety of everyone in the industry and the wider community. 4-1 Hybrid work schedule (4 days at home - 1 in the. Wed be pretty keen, wed have a lot to say in that, said Brasher. 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. The AFL has today forwarded its 2021 financial results to the Presidents and Chairs of the 18 clubs, in the lead-up to next months Annual General Meeting. The COVID-19 pandemic and related government health measures significantly impacted the AFL industry and the clubs operating model, most notably resulting in the final four AFL mens home games without crowds. 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. We collectively made some tough decisions at the end of 2020 to not only survive the enormous financial challenge we were facing, but to plan for what this year could look like, given the uncertainty we faced, he said. The clubs revenue growth of $14.5 million - a 47 per cent rise - came off the back of a $3 million increase in match receipts, a $2.7 million increase in merchandise sales as well as $1.7 million growth in membership revenue. Sign up for the Real Footy newsletter. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. This years financial bottom line represented a turnaround of more than $5.1 million on the 2020 figure, albeit Pert insisted the pandemic had cost the club around $8 million over the past two years. 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). Essendon celebrates its 150th year in 2022 and as part of the significant milestone will see its womens team enter the national competition at the end of the year. Where almost all of the historical backing from the game came from ticket sales, memberships and benefactors, now punters form a smaller part of the revenue pie. 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. For them, the pain was as hard as in any other sector. A month has gone by since the last earnings report for Aflac (AFL). 2018 Annual Report. We saw all areas of the club display great flexibility and agility in making significant changes to the way we operate. Melbourne will also have a reduction after winning the premiership, but they will not be cut as heavily as the Bulldogs, according to competition sources, because the Dogs have had a longer period of profitability. As a result, the club is debt free as at 31 October 2021. 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. The Sydney Swans Football Club has announced a statutory net profit of $54,598 for the year ended 31 October 2021. 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. EVERY PLAYER RATED. North Melbourne has also been able to lock in coaching great Paul Roos for another season as a mentor and leadership consultant to the coaching group. The AFL Commission met on Wednesday, where an increase to the current $6.2 million cap was dicussed at length. 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 . The club increased its membership base by 6000 from 2020 with more than 82,000 Pies fans making up the club support base through its AFL, AFLW and netball programs. Aflac, Inc. is a holding company. 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. You need at least a Starter Account to use this feature. We look at the financial results of 11 clubs that have recently released their end-of-year financial results. 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. The Giants have received about $100 million more funding from the AFL than the Pies over the past decade.Credit:The Age. 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. License this article AFL 2022 Collingwood Whatever way it goes, [we] want to have a strong voice in that discussion.. The Swans won't be one of the most affected clubs by the coronavirus, but they also won't be immune . Our balance sheet remains strong, and despite the significant cash cost required to deliver the AFL and AFLW seasons, the co-ordinated effort to reduce the industry cost baseandprotect revenues means the AFL was able to report a cash surplus for the financial year. But the club has emerged from two compromised seasons debt free. 2020 Annual Report. Competitions across Australiaand the worldwere put on hold. The club is now debt free for the first time in decades and positioned to bounce out of Covid-19 and management has developed a clear strategy under new CEO Steve Hocking for crowds to return in season 2022.. You need a Statista Account for unlimited access. 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. Australian Football League. Still, the club remains in a stable financial position and boasts a talented young list. So which ones are best? North Melbourne and Sydney are slated to have their funding slightly increased in 2022.But most AFL clubs will receive a little less in the first instance. The AFL has today forwarded its 2022 financial results to the Presidents and Chairs of the 18 clubs, in the lead-up to next month's Annual General Meeting. We will continue to strive to achieve our goals in 2022, both on and off the field., The hard running Gryan Miers' making an early impression on the back of an uninterrupted pre-season, Geelong has named a 34-player squad for its first VFLW practice match of 2023, Catch The Greatest Team of All this Monday night, Cats expect a handful of veterans back for Round 1, with full forward Hawkins an outside chance. While the AFL recorded a cash surplus, the AFL's underlying operating loss for 2021 was $43.0 million, compared to an underlying operating loss of $22.7 million in 2020. UNM. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. COVID-19 has not disappeared from the public landscapeand likely won't for a fair while. Richmond and Collingwood will get reduced funding from the AFL.Credit:Getty Images. Attributable to the results were as following: Sponsorship and advertising revenues $11.7m compared to the $10.1m in the prior year. 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. $85k-$100k base salary. The Annual Comprehensive Financial, Debt, Investment, Texas Comptroller's Annual Hotel Occupancy Tax documents. We could not have achieved these kinds of results without the support of the 54,493 dedicated Demons who signed on in 2021. Please try again later. At the same time the Saints have decreased their reliance on AFL funding by $1.1 million compared to 2019. Essendon tackled Richmond at Perth Stadium for the Sir Doug Nicholls Round after the game was moved to Darwin in 2020. 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. This also included the additional precautions taken during travel and interstate stays to safeguard the players, clubs, and the community. West Coast Eagles tumble down AFL clubs' revenue ladder for 2020. Amarfio told the Herald Sun last year that the Kangaroos had made it a priority to become debt-free, after finishing 2020 only $400,000 left in arrears. Others were more exposed to a loss of sponsors, inflexible leases and the closure of side businesses. 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. 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AFL clubs and broadcasting manager Travis Auld speaking to media in 2020. Get a Leaderboard Chart for AFL? 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. The Swans the pandemic had a significant impact on the clubs operating model, including playing its final three home games of the season at Geelong, Melbourne and on the Gold Coast. Hybrid remote in Dallas, TX 75261. 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. This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. Essendon president Paul Brasher said the AFLs removal of $2 million from certain clubs for 2022 was done on the basis that a working group would review it. 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.