Cost to run a new club

[Perth Red]

So the football cap is happening this year, all be it a soft one that you can break with a 37.5% levy if you do. Will be interesting to see if A) the NRL can police it and B) if clubs decide to keep spending big.

Salary cap $10mill
Football cap $5.9 mill

That means it will cost around $15.9mill to run the football operations then whatever you spend on the rest of running the club. Given every club has a revenue in excess of $20mill these days you would expect not to see a club in financial strife again?

 

[Perth Red]

Bulldogs
NRL grant $13.2million
Sponsors and box sales $7.2million
Memberships and gate sales $2.3million
Merchandise $1million
Total $23.8million
https://www.bulldogs.com.au/siteassets/documents/2018-annual-report_vfinal.pdf

Sharks
NRL grant $13.5million
Sponsors and box sales $6.1million
Memberships and gate sales/match day earnings $3.1million
Merchandise $1.6million
Total $24.3million
https://sharkies.com.au/wp-content/uploads/2019/02/Annual-Report-2018_LOW-RES.pdf

Eels
Nrl grant $12.4million
Sponsors and box sales $6million
Memberships and gate sales/match day earnings $2.8million
Merchandise $700,000
Total $21.9million
https://www.parraleagues.com.au/content/uploads/2019/01/PARRALEAGUES_Annual-Report-2018_WEB.pdf

Panthers
Nrl grant $13.4million
Sponsors and box sales $7.5million
Memberships and gate sales/match day earnings$2.2million
Merchandise $1.4million
Total $24.5million
https://issuu.com/pantherspenrith8/docs/final_prlc/2?ff

Broncos
Nrl grant $13.4million
Sponsors and box sales $14.5million
Memberships and gate sales/match day earnings $17million
Merchandise $2.7million
Total $47.6million
https://www.broncos.com.au/contenta...ee7024/190220-bbl2018fullyearannouncement.pdf

Roosters
NRL Grant $13.2mill
Sponsors and Box sales $8.3mill
Memberships $1.9mill
Gate sales $1.8mill
Merch $500k
Total $25.7mill
https://www.roosters.com.au/siteassets/2018/sr2018-annualreport-final_opt.pdf

Cowboys
NRL Grant $13.3million
Matchday $7.1million
Cowboys Rugby League Football Limited profit for the 2018 year amounted to $780,000 (2017: $1,069,610 loss).
https://cowboysleagues.com.au/wp-content/uploads/2019/03/AnnualReport-2018-WEB.pdf

St George
Received $2.5million from leagues club In 16 &17
https://stgeorge.org.au/wp-content/...-Annual-Financial-Report-31-October-2017-.pdf

Knights
https://www.newcastleherald.com.au/story/5786144/knights-back-in-black-for-first-time-since-2006/

manly LC is in trouble
Another million $ loss and have had to sell off some of their pokie licenses to deal with cash flow issues.
https://static1.squarespace.com/sta...75/1551682704317/2018+MWRLC+Annual+Report.pdf

 

[Dakink]

God my Dragons are disappointing.

 

[Perth Red]

God my Dragons are disappointing.

$1.7 milllion to nrl club in 2018
https://stgeorge.org.au/wp-content/uploads/2019/03/Annual-Financial-Report-31st-Oct-2018-signed.pdf

 

[Ourimbah Magpies]

Great info, any idea of Manlys expenses ?.

 

[myrrh ken]

Bulldogs
NRL grant $13.2million
Sponsors and box sales $7.2million
Memberships and gate sales $2.3million
Merchandise $1million
Total $23.8million
https://www.bulldogs.com.au/siteassets/documents/2018-annual-report_vfinal.pdf

Sharks
NRL grant $13.5million
Sponsors and box sales $6.1million
Memberships and gate sales/match day earnings $3.1million
Merchandise $1.6million
Total $24.3million
https://sharkies.com.au/wp-content/uploads/2019/02/Annual-Report-2018_LOW-RES.pdf

Eels
Nrl grant $12.4million
Sponsors and box sales $6million
Memberships and gate sales/match day earnings $2.8million
Merchandise $700,000
Total $21.9million
https://www.parraleagues.com.au/content/uploads/2019/01/PARRALEAGUES_Annual-Report-2018_WEB.pdf

Panthers
Nrl grant $13.4million
Sponsors and box sales $7.5million
Memberships and gate sales/match day earnings$2.2million
Merchandise $1.4million
Total $24.5million
https://issuu.com/pantherspenrith8/docs/final_prlc/2?ff

Broncos
Nrl grant $13.4million
Sponsors and box sales $14.5million
Memberships and gate sales/match day earnings $17million
Merchandise $2.7million
Total $47.6million
https://www.broncos.com.au/contenta...ee7024/190220-bbl2018fullyearannouncement.pdf

Roosters
NRL Grant $13.2mill
Sponsors and Box sales $8.3mill
Memberships $1.9mill
Gate sales $1.8mill
Merch $500k
Total $25.7mill
https://www.roosters.com.au/siteassets/2018/sr2018-annualreport-final_opt.pdf

Cowboys
NRL Grant $13.3million
Matchday $7.1million
Cowboys Rugby League Football Limited profit for the 2018 year amounted to $780,000 (2017: $1,069,610 loss).
https://cowboysleagues.com.au/wp-content/uploads/2019/03/AnnualReport-2018-WEB.pdf

St George
Received $2.5million from leagues club In 16 &17
https://stgeorge.org.au/wp-content/...-Annual-Financial-Report-31-October-2017-.pdf

Knights
https://www.newcastleherald.com.au/story/5786144/knights-back-in-black-for-first-time-since-2006/

manly LC is in trouble
Another million $ loss and have had to sell off some of their pokie licenses to deal with cash flow issues.
https://static1.squarespace.com/sta...75/1551682704317/2018+MWRLC+Annual+Report.pdf

Gee will you look at that. For all your whinging about the sharks, they have a better membership and gate taking stream than most of the others.

 

[Perth Red]

2019 annual reports

Cronulla Sharks
football revenue
NRL Grant $13.5mill
Sponsors and Box sales $5.6mill
Memberships $1.9mill
Gate sales $919.5k
Merch $356k
Total $22.275mill
$3.2 mill loss
https://www.sharks.com.au/siteasset...cronulla-sutherland-leagues-club-limited_.pdf

Roosters
football revenue
NRL Grant $13.3miill
Sponsors and Box sales $8.9mill
Memberships $1.8mill
Gate sales $1.9mill
Merch $723k
Total $26.6mill (+$2.1mill LC Grant & $1mill other revenue) FC operating costs $29.7mill
https://www.roosters.com.au/siteassets/2020/documents/sr2019-annualreport-spreads_opt.pdf

Eels
football revenue
NRL Grant $12.7mill
Sponsors and Box sales $6.8mill
Memberships & Gate sales $5.6mill
Merch $700k
Total $25.7mill
FC Loss for the year $5.2million
https://www.parraleagues.com.au/content/uploads/2020/01/2019-Eels-annual-report.pdf

Cowboys
FC profit of $400k, FC and LC $1.4million profit for year
https://cowboysleagues.com.au/wp-content/uploads/2020/02/CLC-Annual-Report-2019-WEB-1.pdf

 

[tri_colours]

2019 annual reports

Cronulla Sharks (nrl and LC consolidated)
$3.192,920 loss

football revenue
NRL Grant $13.5mill
Sponsors and Box sales $5.6mill
Memberships $1.9mill
Gate sales $919.5k
Merch $356k
Total $22.275mill

Approx $2million less revenue than 2018
https://www.sharks.com.au/siteasset...cronulla-sutherland-leagues-club-limited_.pdf

According to buzz though they payed back $ 3.5m off a $4m loan. have $16m in the bank plus assets.

 

[Perth Red]

According to buzz though they payed back $ 3.5m off a $4m loan. have $16m in the bank plus assets.

sharks? Yes they got the final payout on the development and are holding $16.3 million in cash assets. $12mill of that is earmarked for LC redevelopment. In terms of loans they have cleared most of it ($3mill paid back in 2019) with just $750k in loans left over on the books. The club received $1.95mill to vacate for 2 years, if that covers losses incurred time will tell.

 

[Perth Red]

2019 annual reports

Cronulla Sharks
football revenue
NRL Grant $13.5mill
Sponsors and Box sales $5.6mill
Memberships $1.9mill
Gate sales $919.5k
Merch $356k
Total $22.275mill
$3.2 mill loss
https://www.sharks.com.au/siteasset...cronulla-sutherland-leagues-club-limited_.pdf

Roosters
football revenue
NRL Grant $13.3miill
Sponsors and Box sales $8.9mill
Memberships $1.8mill
Gate sales $1.9mill
Merch $723k
Total $26.6mill (+$2.1mill LC Grant & $1mill other revenue) FC operating costs $29.7mill
https://www.roosters.com.au/siteassets/2020/documents/sr2019-annualreport-spreads_opt.pdf

Eels
football revenue
NRL Grant $12.7mill
Sponsors and Box sales $6.8mill
Memberships & Gate sales $5.6mill
Merch $700k
Total $25.7mill
FC Loss for the year $5.2million
https://www.parraleagues.com.au/content/uploads/2020/01/2019-Eels-annual-report.pdf

Cowboys
FC profit of $400k, FC and LC $1.4million profit for year
https://cowboysleagues.com.au/wp-content/uploads/2020/02/CLC-Annual-Report-2019-WEB-1.pdf[

Broncos
football revenue
NRL Grant $13.7mill
Sponsors and Box sales $15.3mill
Memberships & Gate sales $16mill
Merch $1.6mill
Other $1mill
Total $47.6mill
Profit $3million
https://www.broncos.com.au/siteassets/about-us/pdfs/bb_ar_2019_web-lr-final.pdf

 

[taipan]

The Sharks over the years have been responsible for many financial clusternuts ,which has formed the base for their current situation.nd it's been a friggin nightmare over the years, with 2016 the exception.

Coaches who had their tenures cut short, resulting in big payouts.
Overhyped and paid players who ended up duds.
Salary cap, how's your father routines, resulting in heavy fines.
A "world renowned" sport scientist who showed the club how to improve performance, via
non conventional or "legal" means.Further fines and a black marks against the brand.
Inane acts by the odd player who helped get rid of sponsors, over the years,(I mean who needs sponsors).And one or two then get a payout sheesh.
And a media, hello Buzz,that lapped up any crisis involving the club.

All this whilst well meaning people in the club, and their fans sat back and could do little.

After the COVID-19 sh*t is done and dusted and the team is back at their home ground ,with a brand new leagues club,I hope we can start a new chapter, make a dollar or two, and have club sponsors want to jump on board and fans wanting to become members en masse.
You know it makes sense.

 

[Perth Red]

One thing that should come out of this event is a bit of accountability for clubs and publishing of key financial performance indicators by each club. At moment it’s only LC backed clubs and Broncos you can get a sense of financial performance of. Just simple like I’ve split above would be enough and would allow fans of their club to hold the board and management accountable for performance off the field, like we do coaches and players on it.

 

[taipan]

One thing that should come out of this event is a bit of accountability for clubs and publishing of key financial performance indicators by each club. At moment it’s only LC backed clubs and Broncos you can get a sense of financial performance of. Just simple like I’ve split above would be enough and would allow fans of their club to hold the board and management accountable for performance off the field, like we do coaches and players on it.

The NRL clubs should be relying less on the leagues clubs.Those licensed clubs money should go toward grassroots in their areas.

 

[Perth Red]

The NRL clubs should be relying less on the leagues clubs.Those licensed clubs money should go toward grassroots in their areas.

Totally agree, every LC $ needed to run the nrl club is a $ taken away from jnr football. the football cap clearly isn’t working, some clubs are spending over $15million more than the salary and football cap amount! Time for a total expenditure cap for a few years. Most clubs seem able to generate around $23million revenue, and many more than that, so let’s cap expenditure at that with some opportunities to apply to spend more on certain strategic things. Bring in a hard football cap. Let’s get the clubs viable before the tv $’s diminish dramatically.