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Who are the NRL's richest clubs?

S

Stormwarrior82

Juniors
Messages
1,036
Back to richest clubs.... I think it is a hard one to compare when you have privately owned compared to leagues club owned. Revenue/income would be hugely different.

I just hope that over the next month when all the clubs annual reports come out they are reported properly. Maybe the Nrl media department should get on the front foot and report it themselves.
 
tri_colours

tri_colours

Juniors
Messages
1,828
Perth Red said:
Probably no coincidence that three of the richest clubs in my list have been found salary cap cheating and the two others are annually suspected of it! Only the Raiders make the Forbes top list with a clean reputation lol
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I guess that comes down to jealousy !
 
S

siv

First Grade
Messages
6,563
Stormwarrior82 said:
Back to richest clubs.... I think it is a hard one to compare when you have privately owned compared to leagues club owned. Revenue/income would be hugely different.
Click to expand...

Football clubs have never historically been a profit making group

In early 1980s they became incorporated but still ran at a loss where the LC would cover losses and let them break even.

LC would get a tax write off by supporting community sports be it juniors or seniors

Private ownership only stepped in when LCs could not do this. They helped fix the loss issues by better financial management. And again covered losses or helped with extras.

The only club that operated differently ie to make a proper FC profit were the Broncos but they used a shares process to generate initial revenues

But if a club makes $15 mil in revenue their costs will at $15 mil

Just the nature of the beast

If you have spare cash you do a improvement somewhere
 
Perth Red

Perth Red

Post Whore
Messages
65,910
siv said:
Football clubs have never historically been a profit making group

In early 1980s they became incorporated but still ran at a loss where the LC would cover losses and let them break even.

LC would get a tax write off by supporting community sports be it juniors or seniors

Private ownership only stepped in when LCs could not do this. They helped fix the loss issues by better financial management. And again covered losses or helped with extras.

The only club that operated differently ie to make a proper FC profit were the Broncos but they used a shares process to generate initial revenues

But if a club makes $15 mil in revenue their costs will at $15 mil

Just the nature of the beast

If you have spare cash you do a improvement somewhere
Click to expand...

Yes and no, the clubs privately owned would be looking to make a return on investment to the owners I’d have thought? Pretty sure the consortium who own the storm want to see a return?

It is complicated as you do t have a variety of ownership and funding models from rich LC’s covering football operating losses, rich fans owning clubs and covering losses, poor LC owners struggling to pay bills, business consortiums ownership and a public listed company. We only get to see the broncos and some LC owned clubs annual reports so no idea how the other clubs are performing other than some guesswork by the Tele every year.
 
S

siv

First Grade
Messages
6,563
When people think a club is rich they think of its asset base

Easts and Parra have $50 mil on the books but its tied up within the LC

While clubs like Penrith have the their tied up in loans/building assets

So when people think St George are struggling financially its a case of the LC struggling

While Manly down turn has been on the back of a LC in trouble

While up in Brisbane/Illawarra/Newcastle their LCs have struggled against the established local clubs
 
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beave

beave

Coach
Messages
15,562
Artie Beetson’s contract should be up soon, you’ll have even
more coin then.......
 
Mr Spock!

Mr Spock!

Referee
Messages
22,502
Frank Discussion said:
Weird list. One team is "rich" because of it's supporter base, the next because it has a big leagues club, the next because it operates at a profit and ironically it shows how out of touch you are by holding so much stock in crowds, merch etc.

A profit doesnt show any level of wealth. It shows your business is well run, sure, but ending the year in the black with less money to spend than other clubs is useless.
A leagues club doesnt indicate wealth. Not much chop if the leaguesie turns a big revenue but give sweet f all to the football operations; which happens.
Big spending fan base doesnt indicate wealth- revenue derived from this, while helpful, is a fraction of corporate sponsorship revenue.


The only true metric on how "rich" a club is, is the operating budget of the football department. Which is a net sum of all revenue streams minus operating costs and a good indicator of how well the business is run.

On that, it goes

Brisbane

Daylight

the Storm

More daylight

Every other club bar the Titans, the Dragons, Wests and Newcastle at a relatively interchangable level.

More Daylight

Titans, Dragons, Wests and Newcastle.

Holding the bottom of the tree are the Titans. There were rumours in clubland that they didnt even have the budget to fill out the salary cap. St George weren't that bad but they were close.
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The Storm second?

They only existed because News was paying them millions.

they cost News 75 million over 15 years and they were losing up to 10 million a year.

In fact they're just breaking even now.

https://www.afr.com/business/sport/the-entrepreneurs-who-saved-the-melbourne-storm-20170927-gypx6x
 
Mr Spock!

Mr Spock!

Referee
Messages
22,502
Perth Red said:
Wondering which NRL clubs operate off the biggest budgets, have the biggest revenues in the comp or general financial soundness? Appreciate this will be guesstimate as not all clubs publish their accounts. Here's a guestimate to get the arguments flowing (and before Sharks fans start crying in their apartment brochures I am basing this on now not in a few years) based on various news reports of financial performances of clubs and some annual reports where available.

1. Brisbane - Big Money backers, News Ltd owned, biggest money spending supporter base
2. Parramatta - Leagues club cash rich and putting in, large fanbase, limited corporate appeal at this time and run at massive losses covered by LC
3. Melbourne - Strong financial backers, large money spending fanbase, strong corporate backing
4. Roosters - Strong financial backers, strong corporate backing
5. Raiders - Strong League club backers putting cash in, limited fanbase
6. Bulldogs - Leagues club backing, large supporter base, strong sponsorship portfolio
7. Warriors - Strong corporate backing, large fanbase, one of the few to make a profit in recent times
8. Penrith - Large Leagues club backing but history of small football dept revenue
9. Cowboys - Strong supporter base and corporate backing, made one of the smallest losses in 2016 of the loss making clubs
10. Cronulla - Years of losses but new development clearing debts and improving long term financial picture
11. Souths - Large fanbase and rich owner but seem financially precarious to bad seasons on the field as revenue primary fan generated
12. Manly - Rich owners, small fanbase, poor corporate facilities impact
13. St's - League club funding drying up, running at losses, good corporate support

TBD -
Titans - New owners, very small fanbase, on the nose with corporates for now
Newcastle - New owners with Leagues club cash behind them, large fanbase, long history of financial strife
Wests - Newish owners, leagues club backing, sizeable supporter base, stadium issues impact game day revenue generation
Click to expand...
Storm - see above...have been losing millions for years.

Will be interesting to see how the Storm go when they start losing.
 
Mr Angry

Mr Angry

Not a Referee
Messages
51,788
Who cares, the Pats ain't the richest.

I guess some people think it matters.

It does not, carry on.
 
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