2022 Financial Reports

[The_Wookie]

Last Years Available Reports

• NRL 2021 Annual Report
• 2021 NRL Concise Annual Report
• 2021 Brisbane Annual Report
• 2021 Canberra District Rugby League Club Limited Annual Report
• 2021 Canterbury-Bankstown Bulldogs Rugby League Club Limited Annual Report
• 2021 Cronulla-Sutherland Leagues Club Limited
• 2021 Eastern Suburbs Annual Report
• 2021 Melbourne Storm Rugby League Club Limited
• 2021 Cowboys Leagues Limited Annual Report
• 2021 Parra Leagues Annual Report
• 2021 Penrith Rugby League Club Annual Report
• 2021 Wests Ashfield Annual Report

 

[Perth Red]

Thats a big positive jump for parra in gate and membership revenue and corporate sales since they moved in to the new stadium. Take note Tigers and Bulldogs!

 

[Captain Apollo]

Wookie, you might want to replace the link for the Eastern Suburbs with this link to its 2022 annual report, as opposed to the 2021 one you have up - https://eastsgroup.com.au/wp-content/uploads/2023/01/ELG_Annual-Report-22-23-WEB.pdf

 

[Perth Red]

Wookie, you might want to replace the link for the Eastern Suburbs with this link to its 2022 annual report, as opposed to the 2021 one you have up - https://eastsgroup.com.au/wp-content/uploads/2023/01/ELG_Annual-Report-22-23-WEB.pdf

Shame its not consolidated so we can see the football clubs revenue?

 

[The_Wookie]

Wookie, you might want to replace the link for the Eastern Suburbs with this link to its 2022 annual report, as opposed to the 2021 one you have up - https://eastsgroup.com.au/wp-content/uploads/2023/01/ELG_Annual-Report-22-23-WEB.pdf

Ive only linked the 2021 report for Easts. Ill probably have to buy the consolidated report again this year

 

[Pneuma]

The potential for two posters to create this into a massive whinge fest is frightening!

 

[Perth Red]

Two first results are outstanding. If the rest look like this the NRL really is in a healthy state.
$10mill + sponsorship and $8 mill plus fan based revenue is a min where clubs should be by now.

 

[Perth Red]

QRL Annual Report

https://www.qrl.com.au/contentassets/d10b26094cdd48cda9fd4e372adc6785/qrl22_annualreport_a4_final_digital.pdf

 

[Wb1234]

Nrl grant 2010 just over 3.5 million per club
Nrl grant 2023 17.1 million per club plus an extra one million for nrlw etc

A growth rate of 389 percent over the 13 year period

 

[Perth Red]

Nrl grant 2010 just over 3.5 million per club
Nrl grant 2023 17.1 million per club plus an extra one million for nrlw etc

A growth rate of 389 percent over the 13 year period

Meanwhile there's a 30% plus reduction in grassroots and community development funding (2021)

 

[Ozzi_78]

Insert that South Park jizz image here for a couple of members.

 

[Perth Red]

Insert that South Park jizz image here for a couple of members.

I do love a good annual report!

 

[Phil McGrawhan]

The potential for two posters to create this into a massive whinge fest is frightening!

One whiny bitch has already started

 

[Perth Red]

One whiny bitch has already started

You really shouldnt be so hard on yourself, but it is hard to argue against I admit.

 

[ayatollah_murdoch]

A couple of observations:

1. Parra Leagues is separate from Parra Eels. Wonder if NRL side by itself is viable.

2. Parra Leagues has $54m of revenue from Poker Machines. More than 50% of it's total revenue. Wonder what impact the new NSW cashless cards will have on this going forward and IF they start to bleed money (it would only take a hit of $10.5m to wipe out their total profit or approximately a 20% reduction in poker machine revenue). Focus should still be on the Souths model and have NRL sides a legitimate going concern that can generate profits based on sponsorship, crowds, membership and NRL grants.

 

[Wb1234]

A couple of observations:

1. Parra Leagues is separate from Parra Eels. Wonder if NRL side by itself is viable.

2. Parra Leagues has $54m of revenue from Poker Machines. More than 50% of it's total revenue. Wonder what impact the new NSW cashless cards will have on this going forward and IF they start to bleed money (it would only take a hit of $10.5m to wipe out their total profit or approximately a 20% reduction in poker machine revenue). Focus should still be on the Souths model and have NRL sides a legitimate going concern that can generate profits based on sponsorship, crowds, membership and NRL grants.

Ten million profit is pretty hard to just go to zero

new hotel means more money

parra nrl club made a killing themselves with the new stadium

 

[ayatollah_murdoch]

Ten million profit is pretty hard to just go to zero

new hotel means more money

parra nrl club made a killing themselves with the new stadium

Yeah hopefully but don't have the visibility for the NRL team separate from the leagues club.

As for $10m profit, being a recreational club recession and inflation will be a challenge this year. Long term hopefully they are expanding asset base and diversifying their revenue base.

 

[Wb1234]

Yeah hopefully but don't have the visibility for the NRL team separate from the leagues club.

As for $10m profit, being a recreational club recession and inflation will be a challenge this year. Long term hopefully they are expanding asset base and diversifying their revenue base.

They are

spending 5 million on new restaurant facilities and doing something at their coe where they can rent it and get commercial income

gambling profits aren’t going away overnight either

 

[Perth Red]

A couple of observations:

1. Parra Leagues is separate from Parra Eels. Wonder if NRL side by itself is viable.

2. Parra Leagues has $54m of revenue from Poker Machines. More than 50% of it's total revenue. Wonder what impact the new NSW cashless cards will have on this going forward and IF they start to bleed money (it would only take a hit of $10.5m to wipe out their total profit or approximately a 20% reduction in poker machine revenue). Focus should still be on the Souths model and have NRL sides a legitimate going concern that can generate profits based on sponsorship, crowds, membership and NRL grants.

The big question, which I cant see in the report is how much did the NRL eels need from the LC to function? It used to be a lot, like $5mill plus a year!
With the increase in football club operations it would interesting to see how much this reliance has come down. Looking at the healthy fan and corporates revenue you would have to think it has done significantly/.

 

[The_Wookie]

A couple of observations:

1. Parra Leagues is separate from Parra Eels. Wonder if NRL side by itself is viable.

Parra Leagues is the parent company of Parra Eels, which is why they are able to consolidate the club with the leagues club financials.