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. 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. 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. $85k-$100k base salary. The average player salary for a listed player in 2021 was $372, 224 . John Stensholt Herald Sun. Watch Geelong's press conference after week two's practice match against Brisbane. Collingwoods only non-base funding, according to the figures obtained by The Age, was $174,710 in 2012. 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. Can the dogs of Chernobyl teach us new tricks when it comes to our own survival? 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. West Coast lost $42m from a very high income and simply didn't make their usual massive profit. Picture: AFL Photos. The Bulldogs recorded a profit from continuing club operations, before redevelopment activities, of $1.6 million as well as a current year surplus relating to redevelopment activities of $853,674. The extent of what is effectively taxation of the richer clubs is a sore point for some powerful clubs. Were sorry, this feature is currently unavailable. 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. License this article AFL 2022 Collingwood AFL clubs and broadcasting manager Travis Auld speaking to media in 2020. 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. 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. Much of the hit came from the loss of match-day revenue. 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. Insurance-Acc & Health Group. AFL earnings call for the period ending September 30, 2021. To the Federal and respective State and Territory Governments, along with the Chief Health Officers, your continued leadership and guidance played the most significant part in us being able to complete both our AFLW and AFL seasons and, on behalf of the entire football community, we are very grateful for that continued supportand the tireless efforts of all front-line and essential workers.In yet another pandemic-affected year AFL revenue increased by $63.3 million, however this increase was offset by the costs associated with the return to the standard club funding model, distributions relating to obligations under the collective bargaining agreement and the additional costs to operate the season under the relevant covid restrictions. A grand final appearance has helped the Western Bulldogs to another healthy profit. FY 2021 (PDF, 381KB) HOT Report - FY 2020 . 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. As a Premium user you get access to background information and details about the release of this statistic. 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. 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. 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 Bulldogs have announced they have completed the financial year, ending October 31, with a total statutory profit of $6.47 million. 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. Stories of football department staff taking on jobs in other industries are rife, as are tales of staff left in the lurch. 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. Operating revenue increase by 33.3% to $47.4 million. We look at the financial results of 11 clubs that have recently released their end-of-year financial results. The Club has also remained fully invested in its social impact programming it is at the heart of our purpose as a football club. Please try again later. 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. 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. Learn more about how Statista can support your business. The Bulldogs completed the sale of its gaming activities during this financial year, recording a one-off gain on the sale of $4 million. The club is now debt free for the first time in decades and positioned to bounce out of COVID-19. The AFL Commission met on Wednesday, where an increase to the current $6.2 million cap was dicussed at length. engages in the provision of financial protection services. The stakes to rebuild the game now are much higher, and an opportunity presents itself to shape the future financial direction of the game. Whatever way it goes, [we] want to have a strong voice in that discussion.. If I could summarise our 2021 year in one word, that word would be resilience,Mr Goyder said. Easily apply. 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. This revenue assisted in covering the following costs: Operating expenditure decreased by $22.5 million. 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. 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. We have an administration driven by purpose and care and it shows. 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. 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. Some reduced salaries uniformly; others cut the salaries of the better-off harder. 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. See the match report and stats here. Carltons new era has received a timely boost with the clubs balance sheet recording an impressive $1.28 million profit. Consistently analyze financial information based on both routine and ad-hoc reports. And it may have been the savior for 2020. Bulldogs chief executive Ameet Bains said this and the mens team reaching the grand final had underpinned the strong financial results. For them, the pain was as hard as in any other sector. 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.. statistic alerts) please log in with your personal account. The Bulldogs kicked a massive score on their way to a 58-point win over the Roos, but it was in their back half that a new addition stood out. 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. These expenses included testing for COVID-19, travel and accommodation requirements and the creation of hubs across the country. In the spirit of reconciliation the AFL acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. Presented by Ford. The Cats attributed the strong financial result to the sale of The Brook gaming venue in November last year, resulting in a gain on sale of $2.4m. 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.. It has been a significant achievement to turnaround a heavy financial loss incurred in 2020, to post a profit in 2021 while clearing all debts to the AFL, Sydney Swans CEO Tom Harley said. Subscribers with digital . 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. Greenwood will reunite with Kangaroos senior coach David Noble, with whom he worked at. Used as a form of tax on the richer clubs, variable funding is the AFL's primary tool for financial equality across the competition. 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. 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.. 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. EVERY PLAYER RATED. 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. Richmond President Peggy ONeal said the Clubs financial position was the result of a collective effort to keep the Club strong during challenging times. AFL Clubs Adelaide Crows Brisbane Carlton Collingwood Essendon Fremantle Geelong Gold Coast Suns GWS Giants Hawthorn Melbourne North Melbourne . 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. Will the recent negative trend continue leading up to . Accessed March 04, 2023. https://www.statista.com/statistics/1299806/australia-revenue-of-the-afl/, Australian Football League. You need at least a Starter Account to use this feature. 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. This result will support the targeted investmentsin re-engaging with our fans to return to the game and participate in our sport at the grassroots levels, including funding towards community football facilities and to support the launch of the 18 team AFLW competition later this year. A report from The Age shows the league's variable funding of clubs from 2012 to 2021, with a huge $100 million gap between the top (GWS) and bottom club (Collingwood). These unprecedented results were a significant driver in achieving such a fantastic financial result in 2021, Pert said. The Saints have, however, cut their debt, which had topped $12 million at one stage. Please do not hesitate to contact me. Were working to restore it. 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. 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. In a Covid-affected 2020, Club membership reached 992,854. 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 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. 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. 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. This result includes the AFLs controlled state subsidiaries, Marvel Stadium and Champion Data. Collingwood has posted a net loss of almost $700,000 as it deals with the on-going financial impact of Covid-19. We achieve this through Treasury Education, Relationship Building, Regional Collaboration and Community Development. Full-time. AFL funding ladder revealed: $100m gap between top and bottom clubs. However, we know there is plenty of work ahead of us, so were determined to keep the momentum going. The Swans offer an example of how the pandemic hits clubs differently, depending on whether games are played in their state before crowds. A drop in revenue was at least partially matched with a drop in expenditure. AFL Headquartersalso embarked on a significant restructure to stay afloat. 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 . March 7, 2022. The Port Adelaide Football Club has declared a record operating profit for the 2021 financial year. The club recorded a standard operating profit of $2,308,667 prior to the inclusion of $2,254,069 of expenses relating to the Swans HQ development at the Royal Hall of Industries (tender costs, rent and depreciation). After the hardships of 2020, the blows delivered by Covid-19 in 2021 hit everyone with force, Anderson said. Most significantly, our members and supporters were challenged and, as has always been the case, they stood firm. 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.. Other clubs will as well. As society starts to spin back into gear, the AFL is preparing for a challenge it hasn't faced before how to rebuild. Currently, you are using a shared account. Professional sport is a business largely centred around travel and the gathering of crowds two things verboten when dealing with a pandemic. 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. In 2021, the Suns were granted what industry sources said was about $14 million on top of the $10.45 million base funding, with GWS said to have gained an additional $13 million, the Lions around $10 million and St Kilda close to $9 million. We are really proud of the financial position we have put ourselves in, Amarfio said. Liam Stocker is firmly in the mix for a round 1 debut at St Kilda after impressing against Essendon. In 1927, then-rich Carlton made 5,700 pounds or about $470,000 in 2020 dollars. Daily Weekly. The Demons have no debt and cash reserves of $9.6 million, while the sale of the Bentleigh Club land asset will yield $23.7 million next year, which will be put into a Future Fund to safeguard the clubs long-term financial future. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. The fullhouse and the dazzling nighttime event proved to be the perfect audition for the 2021 Grand Final at the same venue. Others were more exposed to a loss of sponsors, inflexible leases and the closure of side businesses. The Saints and Bulldogs, for instance, have gained more AFL funding than Melbourne. Wed be pretty keen, wed have a lot to say in that, said Brasher. The development budget was essentially halvedand may set back the pathways in ways not yet foreseen. 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. Richmond's flag brought financial windfalls, but the Tigers still have a few clubs ahead of . May 13, 2021 9.19am Normal text size Larger text size Very large text size The AFL's richest clubs have failed in their bid to have the football department soft cap significantly increased for the 2022 season. The club also made a profit from discontinued operations, including the gain on the sale of gaming operations, of $3.98 million. The Club delivered another record membership of 105,084 a remarkable result under any scenario. 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. 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. We have got to have that financial backing to be reflective of the big Melbourne clubs.. In that time there has not previously been a financial backwards step at least until COVID-19 struck. You can only download this statistic as a Premium user. Many new members signed on after the end of the AFL cut-off period, despite knowing they couldnt even attend matches. The profit was generated from a revenue base of $73.8 million. 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. 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. 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. Once again, we would like to thank our members for their continued support. Our sponsors have also stood firm with us during another difficult year. These allocations in 2021 boosted the expansion teams funding to an aggregate of more than $400 million over the 10 years that both teams have been in the AFL. For most of the history of the game, the VFL has been hypersensitive to external environmental trends, and the future of clubs often being a fly-by-night type of arrangement. Tanner Bruhn showed a glimpse of his talent in a great showing against the Lions in Geelong's final practice match of the pre season. 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. 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. . The total payments to AFL Executives equated to $9.8 million, compared to $7.0 million in 2020, and $10.4 million in 2019. A F L A C Inc (AFL) - OFFERS CANCER, ACCIDENT, HEALTH, DISABILITY AND LIFE INSURANCE IN JAPAN AND THE U.S. GROUP LEADERSHIP. 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. Hawthorn, for instance, is facing the imminent loss of the huge income from playing in Tasmania if that state gains a team, plus an eventual transition to a future without pokies earnings two key planks of the Hawks rise to financial heavyweight. 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. The Port Adelaide Football Club has released the following statement regarding the club's 2020 financial result. Melbourne had 54,493 members this year, and plans to boost that to 65,000 next year with a view of having 75,000 members by 2023. is ranked # 2. 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. 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. 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. Fri, 25 June 2021 9:46AM. Crowds in 2020 were at their lowest point since the middle of World War II, with just 826,458 punters walking through the turnstiles. Nationwide News Pty Ltd 2023. 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. 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. Essendon received $10.7m from the AFLs annual distribution revenue. One in 23 Australians is a member of an AFL club. 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. 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. $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. 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. 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. As a result, the AFL had to support clubs differently to normal, based on these impacts.