But, in keeping with the clubs famous Shinboner Spirit, the Kangaroos have spectacularly defied the doomsayers to not only get themselves out of debt, but also maintain their own identity and footprint in the suburb that gave them birth. 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. Sport wasn't immuneto thoseclosures. Professional football in Australia has not always been a high-money, high-stakes game. Essendon received $10.7m from the AFLs annual distribution revenue. 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 . So which ones are best? Financial powerhouse clubs take $8 million hit from AFL. The summary shows that in 2021, AFL clubs paid a total of $233.9 million in player payments, before deductions allowed for injury allowances, veterans' list payments, finals incentives and other reasons, increasing 37.53 per cent from the 2020 figure of $170.0 million. These unprecedented results were a significant driver in achieving such a fantastic financial result in 2021, Pert said. John Stensholt Herald Sun. Register in seconds and access exclusive features. Chart. As a Premium user you get access to the detailed source references and background information about this statistic. AFL 2021 Draft Chris Doerre The evolution of key position - ESPN statistic alerts) please log in with your personal account. National cabinet encourages wearing masks to combat COVID-19. In a funding table that reveals remarkable and growing differences in allocations to clubs, the Saints were clearly the most subsidised of the Victorian clubs, obtaining close to $17 million more than the next Melbourne club, the Western Bulldogs, in variable funding over the decade to 2021. AFL Annual Reports - AFL.com.au FY 2021 (PDF, 381KB) HOT Report - FY 2020 . Urgently hiring. Daily Weekly. There is more agitation between traditional clubs about differences in funding. 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. Red and white and in the black - Sydney Swans Richmond and Collingwood will get reduced funding from the AFL.Credit:Getty Images. Crowds in 2020 were at their lowest point since the middle of World War II, with just 826,458 punters walking through the turnstiles. 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. A payment is due to be made to the players retirement fund in May 2022. 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. 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. In a Covid-affected 2020, Club membership reached 992,854. 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). Currently, you are using a shared account. A sell out Dreamtime game in Perth has helped Essendon post a $1.2 million operating profit for 2021 and emerge from a second Covid-stricken year bank-debt free. Carltons new era has received a timely boost with the clubs balance sheet recording an impressive $1.28 million profit. We will need to be if we want to have the money to invest in our footy department and in our facilities for the good of the football program. ", Australian Football League, Revenue of the Australian Football League (AFL) in Australia from 2012 to 2021 (in million Australian dollars) Statista, https://www.statista.com/statistics/1299806/australia-revenue-of-the-afl/ (last visited March 04, 2023), Revenue of the Australian Football League (AFL) in Australia from 2012 to 2021 (in million Australian dollars) [Graph], Australian Football League, March 7, 2022. With the support of our club members, the AFL mens team reaching the 2021 preliminary final, coupled with managements response in reducing the cost base materially during the previous financial year, it assisted the club in producing an exceptional financial result given the circumstances. The AFL has today forwarded its 2021 financial results to the Presidents and Chairs of the 18 clubs, in the lead-up to next month's Annual General Meeting. This is a combination of a commitment as set out in the current CBA agreement plus an allocation of overperformance of industry football-related revenue against the 2021 forecast although AFL revenue for the year was still $55 million below 2019. The focus remains on the rebuild and strengthening of the industry balance sheet that will enable future investment in the growth and development of our game from grassroots through to the elite platforms. 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. AFL. The Geelong Football Club has announced a statutory net profit of $4.7 million for the year ended 31 October 2021. Insurance-Acc & Health Group. The stakes to rebuild the game now are much higher, and an opportunity presents itself to shape the future financial direction of the game. We have got to have that financial backing to be reflective of the big Melbourne clubs.. Whatever way it goes, [we] want to have a strong voice in that discussion.. 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. We have wiped, I think, over $9 million of debt in the last decade. 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. AFL. AFL revenue ladder ranked: Which clubs bring in the big bucks? Roos is currently in Hawaii, but he was able to come to terms with the club this week and played a big role in helping to guide the coaching staff this year. By portadelaidefc.com.au on Feb 14, 2022, 1:30pm The Port Adelaide Football Club has declared a record operating profit of $4,209,451 for the financial year ending 31 October 2021. 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. $85,000 - $100,000 a year. The first official KFC SuperCoach scores of 2023 are in. The new Tasmanian club needs to be positioned to thrive from the start and long into the future, not set up to fail. Will the recent negative trend continue leading up to . 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. 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. 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. to incorporate the statistic into your presentation at any time. The AFL reduced its operating cost base in 2020; these cost savings were maintained through 2021. 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 . In another season affected by the ongoing Covid-19 pandemic, including games with heavily-reduced capacities and at times no crowds at all, it is the first time in history the total club membership number has exceeded 1.1 million. 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. Australia: revenue of the AFL 2021 | Statista Statement: AFL releases 2021 financial results However, the prospects of future outbreaks, and related shutdowns, still loom onthe horizon. Of the $36 million the AFL has taken from all clubs, more than $26 million will be re-allocated to 14 of the 18 clubs, on a needs basis - a move that has already drawn the ire of Richmond, Collingwood, Hawthorn, the Eagles and Essendon. This also included the additional precautions taken during travel and interstate stays to safeguard the players, clubs, and the community. As such, sporting codes will have to plan from A to Z. The development budget was essentially halvedand may set back the pathways in ways not yet foreseen. But, Brad Scotts honeymoon is well and truly over. 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. In that time there has not previously been a financial backwards step at least until COVID-19 struck. West Coasts casualty ward looks set to increase with Josh Rotham sent for scans on a forearm injury, writes MARK DUFFIELD. Please do not hesitate to contact me. 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. Our people inside the Club and out refuse to bend, let alone be broken. 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.. The profit was generated from a revenue base of $73.8 million. It operates through the followings segments: Aflac Japan and Aflac United States (U.S.). The 2021 result includes a commitment to the AFLPA for a share of revenues captured over the 2017-2021 seasons. The extent of what is effectively taxation of the richer clubs is a sore point for some powerful clubs. But TV audiences stayed solid, rising 15 per centin the chaos of the pandemic compared with 2019. Bulldogs chief executive Ameet Bains said this and the mens team reaching the grand final had underpinned the strong financial results. Some externally feared the weight of that debt as well as the crippling interest repayments made them one of the most vulnerable AFL clubs. Revenue of the Australian Football League (AFL) in Australia from 2012 to 2021 (in million Australian dollars) [Graph]. 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. Bains said the strong cash position came at a time when the Bulldogs were about to embark on the next significant stage of the Whitten Oval precinct redevelopment. Most significantly, our members and supporters were challenged and, as has always been the case, they stood firm. The Annual Comprehensive Financial, Debt, Investment, Texas Comptroller's Annual Hotel Occupancy Tax documents. Some reduced salaries uniformly; others cut the salaries of the better-off harder. Carlton, despite a decade of on-field struggles, received slightly less than Richmond in variable funding, over the nine years to 2020. $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. AFL: Here are the financial results of 11 clubs that have recently 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 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. 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 Easily apply. 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. 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. Nationwide News Pty Ltd 2023. Pert said the Demons had sold almost four years worth of merchandise in the month leading up to and after the clubs 2021 premiership success. That step is reminiscent of a failed attempt in 2012 by Wilmington city officials to bring an Atlanta Braves minor league team to the Port City. 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. 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. We could not have achieved these kinds of results without the support of the 54,493 dedicated Demons who signed on in 2021. 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. AFL earnings call for the period ending September 30, 2021. The ongoing support of all our key stakeholders remains critical as we move into the future and heighten our ambitions of what the club is capable of achieving.. Recruit of the year? 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. Footy brings people together, it provides a sense of connection. 2022 AFL Financial Result . The club is now debt free for the first time in decades and positioned to bounce out of COVID-19. Job losses and wage cuts were the response across the board. The club is focused on working with Kardinia Park Stadium Trust in completing Stage Five at GMHBA Stadium, increasing the stadium capacity to 40,000 in season 2023. West Coast Eagles tumble down AFL clubs' revenue ladder for 2020 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. The AFL would not respond to specific questions about clubs and their funding. The Saints and Bulldogs, for instance, have gained more AFL funding than Melbourne. These are experiences that will only reinforce these important partnerships in the future. 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. 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. A F L A C Inc ( AFL ) NYSE - Investor's Business Daily Across all clubs, revenue dropped $342m, or an average of $19m per club. Despite the increase, 2021 revenue was $55.8 million less than 2019, reflecting the ongoing impact of covid restrictions nationally. 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. 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. AFL Headquartersalso embarked on a significant restructure to stay afloat. Then you can access your favorite statistics via the star in the header. Under the new variable funding model, industry sources said Essendon were expected to receive up to half - $1 million or so - of their lost $2 million for a total package approaching $9 million, and are in the next band of relatively prosperous clubs who do not get the full $2 million back, while Carlton - a club with the capacity to be a financial heavyweight - expect to be funded to the tune of around $10 million, essentially getting back most or all of the $2 million every club initially loses. However, because of government intervention, severe cost-cutting, lower expenses and pay cuts, catastrophic losses were avoided. 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. 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. The average player salary for a listed player in 2021 was $372, 224 . 2018 Annual Report. The total payments to AFL Executives equated to $9.8 million, compared to $7.0 million in 2020, and $10.4 million in 2019. For them, the pain was as hard as in any other sector. The report also provides assurance that the City presents fairly its financial position as verified by independent auditors. A number of clubs will not release their financial reports until early next year. Collingwood fared worst in terms of funding by the league, the Magpies receiving zero dollars in variable funding over the decade, marginally behind the competitions financial behemoth, West Coast. At the same time the Saints have decreased their reliance on AFL funding by $1.1 million compared to 2019. We have an administration driven by purpose and care and it shows. In adopting a new funding model that reduced the base amount for clubs from $10 million to$8 million, the AFL has singled out those four wealthy clubs to lose all the $2 million per club that the league has put in a pot for redistribution. This is a strong outcome for our organisation, underpinned by our loyal member base, and is a testament to everyone associated with our football club, Campbell said. Aflac (AFL) Down 1.9% Since Last Earnings Report: Can It Rebound? The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show . Western Bulldogs great Luke Darcy tells Sarah Olle the one piece of wellbeing advice he'd give to his younger self, The Demons v Tigers clash at Casey Fields, Brodie Grundy and Max Gawn silence early doubters as they combine for six goals against Richmond, Lachie Hunter gets on the scoreboard following a skillful finish from a tough angle, Grundy, Gawn cause headaches for Richmond and other clubs preparing to face Melbourne this year, Aaron Naughton booted four goals as the Western Bulldogs made short work of North Melbourne, GWS stars at their best but there was plenty to take from the performances of Gold Coast youngsters, Watch Richmond's press conference after their practice match against Melbourne, Watch Melbourne's press conference after their practice match against Richmond, Just where Sam Darcy plays for the Western Bulldogs this year remains unclear.
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