2022 Financial Reports

[beave]

Let's see how team 17 goes first before thinking of 18+ teams.......

After watching the Dolphins trial last week (and acknowledging it was a trial) I am yet to be convinced we have enough quality players to be expanding team numbers quickly.

 

[Wb1234]

Let's see how team 17 goes first before thinking of 18+ teams.......

After watching the Dolphins trial last week (and acknowledging it was a trial) I am yet to be convinced we have enough quality players to be expanding team numbers quickly.

Dolphins will be fine

they will fill out the rest of their squad next year

they just got farnsworth and most clubs don’t have much cap space so they would be favourites for anyone else decent who comes on the market

I’ll be shocked if they come last with the knights tigers titans and dragons

they won’t stay with a bye for for than 2 years imo

clubs will get sick of it

 

[Colk]

Likewise you don’t know anybody on here. We’d all love to see the game become number one in this country if not the world but we’re also realistic. Unlike our game, AFL doesn’t have a rival code that gets played in private schools taking most of the corporate dollars and all the political privileges that come with it as well as a compliant media service.

Being proud of our growth, despite we’re we came from and especially after the game was torn apart not that long ago doesn’t mean we’re content to stay second either but we’ll gladly take it for now. The current state of the game has given us reasons to be optimistic. Seriously, it’s like shagging Jessica Alba but you’re not happy because she’s not Margot Robbie. Shame you can’t enjoy it but yeh, I’m happy.

I’d prefer Jessica Alba personally. Struck match though.

 

[Colk]

Look, I absolutely detest the fact that we are behind that absolute diarrhoea of a game and I also don’t think we did well with the last TV deal however there are some positives with those reports.

The game’s debt is a lot lower than theirs and the equity ratio against the fumblers is also improving greatly. That’s a good sign for optimism.

There is a base there to secure really considerable growth so long as we continue obtaining assets, plan expansion methodically and do a lot better with our next TV deal.

 

[siv]

Outstanding numbers.

Great leadership shining through all the way to the bottom line.

RLPA

Where is my cut!

 

[Perth Red]

O

The NRL will renew their broadcast deals around 2025 according to Masters about 2 years ahead of the expiration of current deal 2027.AFL new deal starts 2025.Thus there will be an opportunity for later comparison between the 2 codes for the years 2028-2031- 4 years.Who is to say what sort of closing the gap will be .
Anycase in 2021 in the midst of COVID when the NRL was looking at and wanted to commit funds to expansion ,they signed the new deal early.
I submit 2 reasons as to why:
1. An expansion team costs money and the RL got that money from Fox commitment .
2. By signing the contracts the time the NRL did in a period of an absolute cluster*ck, they secured financial certainty including the necessary funding for the Dolphins.Expansion could not be delayed till 2022 if Bennett's
lot need 2023 entry.
Now we can all be financial geniuses and medical experts ATT as PR pretends to be, but if 2021 health issues had become worse, would expansion to Brisbane been entertained and would tv stations have even bothered to negotiate deals at a higher price? We saw the crap that went on with Nein in 2020.

This constant crapping on about the AFL and what they got, is typographical diarrhoea.It flows freely but goes nowhere, and can be painful .
We got an extra team covered by Fox, we made a profit in a trying period of our lives, all NRL clubs have financial certainty, we have a NZ team(AFL has Nauru at best),we have an asset ( Gambaro hotel) in Brisbane, but, but the AFL .

only way that happens is to give the incumbents an extension, if we haven’t learnt how bad it is to not to go to open market after the last disastrous deal then god help us!
so presuming we do that we aren’t seeing major uplift until 2028,by then we’ve gone behind around $500mill cash.
hindsights a wonderful gift but by any measure extending the tv deal until 2027 with the incumbents has been proven to have been a disastrous business decision.

 

[Pneuma]

O

only way that happens is to give the incumbents an extension, if we haven’t learnt how bad it is to not to go to open market after the last disastrous deal then god help us!

The whinge continues ad nauseam

 

[Wb1234]

O

only way that happens is to give the incumbents an extension, if we haven’t learnt how bad it is to not to go to open market after the last disastrous deal then god help us!
so presuming we do that we aren’t seeing major uplift until 2028,by then we’ve gone behind around $500mill cash.
hindsights a wonderful gift but by any measure extending the tv deal until 2027 with the incumbents has been proven to have been a disastrous business decision.

Even if your correct the nrl is hardly struggling is it

the fact is these teams vlandys is putting in today will mean future tv deals will favour league

so the short run is kinda irrelevant

afl has received billions more in tv deals than we have over 20 years

what has it achieved ?

 

[Pneuma]

Even if your correct the nrl is hardly struggling is it

the fact is these teams vlandys is putting in today will mean future tv deals will favour league

so the short run is kinda irrelevant

afl has received billions more in tv deals than we have over 20 years

what has it achieved ?

It’s given him something to complain about

 

[taipan]

O

only way that happens is to give the incumbents an extension, if we haven’t learnt how bad it is to not to go to open market after the last disastrous deal then god help us!
so presuming we do that we aren’t seeing major uplift until 2028,by then we’ve gone behind around $500mill cash.
hindsights a wonderful gift but by any measure extending the tv deal until 2027 with the incumbents has been proven to have been a disastrous business decision.

Incumbents operated under extreme prevailing conditions exisiting in 2021.
Your AFL love child in 2022 did not .The COVID dramas were as goos as over by then.

 

[The_Wookie]

Incumbents operated under extreme prevailing conditions exisiting in 2021.
Your AFL love child in 2022 did not .The COVID dramas were as goos as over by then.

To be fair, the AFL extended in 2020 to the end of 2024 and that seems to have been a good call. Extending in 2021 through to 2027 was unnecessary - especially given one of the reasons cited by Vlandys has been the financial wellbeing of the broadcaster

 

[Cumberland Throw]

Doesn't really matter who has the most expenses..

NRL should not be $220m plus per annum behind their main competitor

Would be interesting to know exactly how much revenue marvel delivers them

 

[Iamback]

Look, I absolutely detest the fact that we are behind that absolute diarrhoea of a game and I also don’t think we did well with the last TV deal however there are some positives with those reports.

The game’s debt is a lot lower than theirs and the equity ratio against the fumblers is also improving greatly. That’s a good sign for optimism.

There is a base there to secure really considerable growth so long as we continue obtaining assets, plan expansion methodically and do a lot better with our next TV deal.

People keep coming back to the TV deal.

The next 2 years AFL sits at $422m

NRL sits at worse $409m likely $430m or so.

The NRLW CBA has 20 rounds next season, This is not currently in the TV Deal so it is to be expected that they will get an amended offer to allow for this.

So that already lowers the gap for the remaining 7 years, When team 18 comes in it again will add value.

On to the actual Revenue, AFL have a lot of deals in place NRL doesn't.

Westpac, KIA aren't counting in this. NRL hasn't got an airline sponsor. AFL does.

The Pre-season challenge is placed to get a sponsor too. The 20 round NRLW will bring its own sponsors too.

No reason the game can't continue to grow at the huge rate we are seeing now, If it does the gap will be much smaller in 5 years.

This is despite RL shooting itself in the foot with SL and over dumb decisions that held the game back over the last 20 years

 

[Pneuma]

People keep coming back to the TV deal.

The next 2 years AFL sits at $422m

NRL sits at worse $409m likely $430m or so.

The NRLW CBA has 20 rounds next season, This is not currently in the TV Deal so it is to be expected that they will get an amended offer to allow for this.

So that already lowers the gap for the remaining 7 years, When team 18 comes in it again will add value.

On to the actual Revenue, AFL have a lot of deals in place NRL doesn't.

Westpac, KIA aren't counting in this. NRL hasn't got an airline sponsor. AFL does.

The Pre-season challenge is placed to get a sponsor too. The 20 round NRLW will bring its own sponsors too.

No reason the game can't continue to grow at the huge rate we are seeing now, If it does the gap will be much smaller in 5 years.

This is despite RL shooting itself in the foot with SL and over dumb decisions that held the game back over the last 20 years

Yep comparing the deals is apples and oranges until we have the same comp structure and costs. Right now we don’t. Their comp will always cost more than ours though due to playing numbers required, length of games and as a punishment for being shyte.

 

[Iamback]

To be fair, the AFL extended in 2020 to the end of 2024 and that seems to have been a good call. Extending in 2021 through to 2027 was unnecessary - especially given one of the reasons cited by Vlandys has been the financial wellbeing of the broadcaster

Depends on how loose the terms are, If NRL go to Fox/Ch9 and say we are expanding the NRLW.
They aren't going to risk giving Stan/Paramount a foot in the door and will fork out more money

 

[Colk]

People keep coming back to the TV deal.

The next 2 years AFL sits at $422m

NRL sits at worse $409m likely $430m or so.

The NRLW CBA has 20 rounds next season, This is not currently in the TV Deal so it is to be expected that they will get an amended offer to allow for this.

So that already lowers the gap for the remaining 7 years, When team 18 comes in it again will add value.

On to the actual Revenue, AFL have a lot of deals in place NRL doesn't.

Westpac, KIA aren't counting in this. NRL hasn't got an airline sponsor. AFL does.

The Pre-season challenge is placed to get a sponsor too. The 20 round NRLW will bring its own sponsors too.

No reason the game can't continue to grow at the huge rate we are seeing now, If it does the gap will be much smaller in 5 years.

This is despite RL shooting itself in the foot with SL and over dumb decisions that held the game back over the last 20 years

I get it mate. I’m optimistic about where the game is heading as well but we can admit that we didn’t do a good job

Those points aren’t mutually exclusive.

 

[Colk]

Yep comparing the deals is apples and oranges until we have the same comp structure and costs. Right now we don’t. Their comp will always cost more than ours though due to playing numbers required, length of games and as a punishment for being shyte.

Haha a shyte tax.

 

[Wb1234]

People keep coming back to the TV deal.

The next 2 years AFL sits at $422m

NRL sits at worse $409m likely $430m or so.

The NRLW CBA has 20 rounds next season, This is not currently in the TV Deal so it is to be expected that they will get an amended offer to allow for this.

So that already lowers the gap for the remaining 7 years, When team 18 comes in it again will add value.

On to the actual Revenue, AFL have a lot of deals in place NRL doesn't.

Westpac, KIA aren't counting in this. NRL hasn't got an airline sponsor. AFL does.

The Pre-season challenge is placed to get a sponsor too. The 20 round NRLW will bring its own sponsors too.

No reason the game can't continue to grow at the huge rate we are seeing now, If it does the gap will be much smaller in 5 years.

This is despite RL shooting itself in the foot with SL and over dumb decisions that held the game back over the last 20 years

Current tv deals are essentially similar

comparing the current deal with an afl deal which doesn’t start in two years is stupid

by then the nrl could’ve redone it’s deal and gotten the same as the afl tv deal

 

[Wb1234]

T

I get it mate. I’m optimistic about where the game is heading as well but we can admit that we didn’t do a good job

Those points aren’t mutually exclusive.

The addition of the dolphins and soon Perth far outweighs any minor critIslams

he’s set up rugby league for the next 50 years

In the short run as long as the tv deals fund expansion it’s kinda irrelevant what afl does

 

[Iamback]

Current tv deals are essentially similar

comparing the current deal with an afl deal which doesn’t start in two years is stupid

by then the nrl could’ve redone it’s deal and gotten the same as the afl tv deal

Yep by having the security of the deal, Allowed expansion earlier than would of been the case