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2020 Annual Reports - Clubs, States and NRL

Discussion in 'NRL' started by Perth Red, Feb 26, 2021.

  1. Perth Red

    Perth Red Immortal

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    what do you think about the nrl burying the real media revenue and hiding it in a new line item Phil?
     
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  2. gerg

    gerg Juniors

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    Maybe it was a futile attempt by the NRL to stop you whinging.
     
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  3. The_Wookie

    The_Wookie Juniors

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    I dont think the NRL have paid this off at all. Note that while the note isnt included this year - a lot of notes arent - the "other payables" current liabilities figure hasnt changed substantially - dropping 5m on last year.

    For 2019

    [​IMG]

    For 2020

    [​IMG]


    AFL loans and borrowings went from 95m to 113m. (about 50m of this is the league guaranteeing borrowings for clubs and state bodies) The rest of the increase is a lease liability - these have only been mandated to be noted as such since july 2019 and are not loans.
     
  4. Perth Red

    Perth Red Immortal

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    Bless
     
  5. Perth Red

    Perth Red Immortal

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    it wasn’t a loan, it was an advancement payment of part of the Ch9 tv deal and each annual amount paid was reduced accordingly. Clubs were supposed to pay back the amount they got out of the advanced paymnet to the nrl each year.
     
  6. colly

    colly Juniors

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    So two media companies advance one hundred million dollars ( cash) and we ( NRL) are paying them back 5m one year 8m anther year, when do you think they will be able to pay it back, say 2032 and this rate. What better way to pay back broadcasters take less in the media contract till all payed back.
     
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  7. The_Wookie

    The_Wookie Juniors

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    Makes sense. We arent privy to that reasoning though.
     
  8. Perth Red

    Perth Red Immortal

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    My understanding is it wasn’t a loan, it was an advanced payment. That means it doesn’t get paid back, it is coming off the annual amount being paid by the media partners a huge year. How it has been adjusted based in the renegotiations is unclear as everything g is being kept hush hush.
     
  9. siv

    siv Bench

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    So NRL annual medua revenue dropped by $76 mil

    Thats significant

    What was it back in 2019 ?
     
  10. Perth Red

    Perth Red Immortal

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    $324.6mill cash + $24.4mill contra
     
  11. siv

    siv Bench

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    So thats a drop of 21.7% in TV revenue

    For a reduction of 15.7% in games
     
  12. Perth Red

    Perth Red Immortal

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    cant say, it’s been buried in a new line item with other revenue areas so impossible to do a direct comparison. It’s nrl’s way of not being held accountable by its fans for the deal Vlandys signed.
     
  13. Perth Red

    Perth Red Immortal

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    As they become available. Football club financial outcomes for 2020.

    Sydney Roosters
    revenue
    Merchandise $221k
    Memberships and gate takings $1.85mill
    Sponsorship and corporate sales $6.9mill
    Nrl grant $$14.5mill
    LC grant $0
    Other $1.3mill
    Total revenue $24.9mill (-$5.2milllion on 2019)
    https://www.roosters.com.au/siteassets/2021/documents/sr2020-annualreport-final-spreads.pdf

    Parra Eels
    revenue
    Merchandise $482.2k
    Memberships and gate takings $2.7mill
    Sponsorship and corporate sales $5mill
    Nrl grant $13.8mill
    LC grant $?

    https://www.parraleagues.com.au/annual-report-2020/

    Cowboys
    Revenue
    Merchandise $1.5mill
    Memberships and gate takings $3.2mill
    Sponsorship and corporate sales $6.5mill
    Nrl grant $? (Nrl Covid payment $948k)
    LC grant $2.5mill

    https://cowboysleagues.com.au/wp-content/uploads/2021/03/CLC-Annual-Report-2020-WEB.pdf

    Storm
    Not much detail as revenue flows into a parent company that then pays the Storm.
    Revenue
    Membership $3.5million
    Revenue $24.3 mill (of which $3.4 was govt covid grants and payments)
    Revenue was down $6.7 mill on 2019 (not inc govt covid payments)
    http://footyindustry.com/files/2020 Reports/2020 Melbourne Storm Annual Report.pdf

    Panthers
    Revenue
    Merchandise $1.6mill
    Memberships $?
    Gate takings $175k
    Sponsorship $6.4mill
    Nrl grant $15.3mill
    Mulgoa land trust grant $2.2mill
    total revenue $29.5mill
    https://www.panthers.com.au/group-corporate/corporate/annual-reports-5/

    NSWRL annual report
    C2A2684D-F977-4A39-AD6C-14F2D2E8570B.jpeg
    https://www.nswrl.com.au/siteassets/2021/02/ar_2020_03_online.pdf

    Qlnd touch
    https://qldtouch.com.au/wp-content/uploads/2020/12/QTF_ANNUALREPORT_2020.pdf
     
    Last edited: Mar 7, 2021
  14. Babyface O'reilly

    Babyface O'reilly First Grade

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    Why the difference in NRL grants? Is the difference due to Parra’s salary cap punishment still?
     
  15. The_Wookie

    The_Wookie Juniors

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  16. Perth Red

    Perth Red Immortal

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    I suspect different clubs are treating the nrl extra Covid payment differently in their reporting lines.
     
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  17. Bring back John Fifita

    Bring back John Fifita First Grade

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    Storm Profit is a sensational result for them... even given Govt support.

    Maybe they should relocate permanently to the Sunshine Coast....:thinking:
     
  18. Perth Red

    Perth Red Immortal

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    their membership revenue is outstanding, especially in a year when they weren’t at home! The bottom line was very much helped out by the significant covid grants they were able to get from the vic govt. it would be interesting to see their parent company accounts.
     
  19. Bring back John Fifita

    Bring back John Fifita First Grade

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    Something to be said about major Australian cities with one NRL team eh mate..

    Brisbane
    Melbourne
    Newcastle
    Canberra..

    hmmm I wonder what other major cities could bring such strong membership revenue to a future club..... :thinking:
     
  20. Vee

    Vee Bench

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    Interesting Parra had low merch against the Cows given their good form, Bank West and a general feeling they're on the up. Are the Blue and Gold Army just not sure yet and keeping their powder dry?
     

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