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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. 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 year, we experienced the largest aggregate growth in membership of any club in the AFL, Essendon CEO Xavier Campbell said. 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 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. Two words showed something was wrong with the system, After centuries of Murdaugh rule in the Deep South, the family's power ends with a life sentence for murder, With Prince Andrew's sweetheart mansion rental ending, King Charles offers compromise that shocks his son, Flooding in southern Malaysia forces 40,000 people to flee homes. The Port Adelaide Football Club has declared a record operating profit for the 2021 financial year. The Sydney Swans Football Club has announced a statutory net profit of $54,598 for the year ended 31 October 2021. The effects of COVID-19 can be seen in club annual reports. If you are an admin, please authenticate by logging in again. 2 nd in group. March 7, 2022. $85k-$100k base salary. We have a club funding model that is integral to the competitive balance of the competition and supports the notion of any given Sunday.. Register in seconds and access exclusive features. 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. Its the Bulldogs eighth straight year of total profits, and sixth with a total profit in excess of $1 million. The Cats are now debt free for the first time in decades and have no direct revenues from any form of gambling and gaming. 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. 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. 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. (AAP: Scott Barbour) The government's rollout of JobKeeper helped reduce the level of cuts, with clubs accessing around $70-80m collectively from the scheme. This is roughly what the Coburg VFL club pulled in from their own sources in 2019. 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. AFL clubs and broadcasting manager Travis Auld speaking to media in 2020. 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. Were working to restore it. 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. Full-time. More analysis for UNM: IBD RATINGS FOR AFL Competitions across Australiaand the worldwere put on hold. 8 hour shift. 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.. See How IBD Rates . However, we know there is plenty of work ahead of us, so were determined to keep the momentum going. 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). 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. 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.. 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. Attributable to the results were as following: Sponsorship and advertising revenues $11.7m compared to the $10.1m in the prior year. Please try again later. 2020 Annual Report. 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. These cuts were designed to limit the losses of the yearand not cut the fat. Storms threaten north-east United States after tearing through the south, leaving 10 dead, Timely reminder: How to respond if you test positive to COVID-19. 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 club also made a profit from discontinued operations, including the gain on the sale of gaming operations, of $3.98 million. Profit from the additional features of your individual account. COVID-19, spreadingat a rapid pace, caused shutdowns overmanysectorsand impactedmost lives. Most significantly, our members and supporters were challenged and, as has always been the case, they stood firm. The Blues are seen as a club with enormous potential to generate interest and money if they can rise to premiership contention. FY 2021 (PDF, 381KB) HOT Report - FY 2020 . 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. See how every player fared, and all the key stats, from every practice match, including Saturdays mid-price showcase. 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. is ranked # 1. Clubs had no blueprint on how to react. A payment is due to be made to the players retirement fund in May 2022. That collective strength is what defines the Richmond Football Club and why I think we have so much to look forward to. 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. 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. This also included the additional precautions taken during travel and interstate stays to safeguard the players, clubs, and the community. Sponsorship and advertising revenues increased to $11.7m compared to the $10.1m in the prior year, with Geelong acknowledging the ongoing support of its major partner Ford and other principal partners GMHBA, Cotton On, Deakin University and Morris Finance in contributing to its strong off-field position. North Melbourne is finally debt-free for the first time in more than a generation, which represents an extraordinary $9 million turnaround across the past decade. Collingwoods only non-base funding, according to the figures obtained by The Age, was $174,710 in 2012. 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. As a Premium user you get access to the detailed source references and background information about this statistic. Some externally feared the weight of that debt as well as the crippling interest repayments made them one of the most vulnerable AFL clubs. Old hierarchies of need shifted as some smaller clubs found themselves relatively better off. This revenue assisted in covering the following costs: Operating expenditure decreased by $22.5 million. 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. AFL Headquartersalso embarked on a significant restructure to stay afloat. Keep up to date with the best AFL coverage in the country. Daily Weekly. The Club has worked incredibly hard to build a position of strength that gives our football programs the best chance to succeed. AFL players agreed to take a 50 per cent pay cut in the wake of the coronavirus pandemic. Stories of football department staff taking on jobs in other industries are rife, as are tales of staff left in the lurch. 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. Posted Tue 24 Aug 2021 at 1:52am Tuesday 24 Aug . Our administration was challenged to navigate the Club through a season that was again defined by uncertainty, Richmond President Peggy ONeal said. 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. Financial powerhouse clubs take $8 million hit from AFL. West Coast Eagles tumble down AFL clubs' revenue ladder for 2020. The 'winter shot': Everything you need to know about getting your next COVID-19 booster, If you catch COVID again, will your symptoms be worse? The Bulldogs have announced they have completed the financial year, ending October 31, with a total statutory profit of $6.47 million. When coronavirushit the league, each club was affected in different ways. 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. In 2020 and 2021, the AFL covered travel costs for teams impacted by state border restrictions. 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. Whatever way it goes, [we] want to have a strong voice in that discussion.. North became debt-free last year. All times AEDT (GMT +11). 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. . The AFL would not respond to specific questions about clubs and their funding. [Online]. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. 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. 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. 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. statistic alerts) please log in with your personal account. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. In 2021, the surplus from redevelopment activities was $853,674 (2020: $36,955 deficit) which included income from State Government grants of $988,954 in relation to the Whitten Oval precinct redevelopment, offset by non-capitalised costs of $135,280. West Coasts casualty ward looks set to increase with Josh Rotham sent for scans on a forearm injury, writes MARK DUFFIELD. New president Luke Sayers said he was confident the momentum gained with the sweeping changes and positive financial result would continue into next season. 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. 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. 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. 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. Will the recent negative trend continue leading up to . Essendon tackled Richmond at Perth Stadium for the Sir Doug Nicholls Round after the game was moved to Darwin in 2020. "Revenue of The Australian Football League (Afl) in Australia from 2012 to 2021 (in Million Australian Dollars). (March 7, 2022). (The Suns joined in 2011 and are paid extra to manage Metricon Stadium for the AFL). A number of clubs will not release their financial reports until early next year. Sign up for the Real Footy newsletter. But, Brad Scotts honeymoon is well and truly over. 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 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. In the past, the AFL fully funded the player payments. Picture: AFL Photos. Get a Leaderboard Chart for AFL? View the full 2021 Financial Report Melbourne CEO Gary Pert said the Club's on and off field results in 2021 are something that all members can be proud of. In January Carlton revealed it had eliminated its remaining $4 million of historical debt ensuring the club was debt free for the first time since 1996. Just over a year ago, the world was placed on hold. 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. 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. 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. 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. 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. The Swans offer an example of how the pandemic hits clubs differently, depending on whether games are played in their state before crowds. You need a Statista Account for unlimited access. The Club has also remained fully invested in its social impact programming it is at the heart of our purpose as a football club. See the match report and stats here. is ranked # 2. We have forwarded our 2022 financial results to the Presidents and Chairs of the 18 AFL clubs, reporting an underlying operating profit of $20.7 million in To all 50,144 members who have supported the club through this challenging period, we thank you.. 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. So which ones are best? 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). Find out more about our policy and your choices, including how to opt-out.