2023-2028 next tv deal discussion

[tri_colours]

Correct me if I'm wrong .
It's common knowledge you're the AFl expert .
But didn't they use up their reserves .....hence the loan or line of credit they got to get them through the first year of Covid .

That was also my understanding.

They made plenty of cuts early on. Obviously though not enough .

 

[Iamback]

Or.............instead of that pro AFL thought bubble you could have offered up the NRLs position by way of comparison. You know, a half glass full honest appraisal.

Which is why things like NRL.com and other waste was cut

 

[tri_colours]

No, they got the loan as a back up as at the time no one knew how long and how big the impact. They didnt use it and closed down that facility last year.
Between 2017-2019 they managed to achieve a $113.8mill surplus which gave them a decent cash reserve to cover losses of last two years. Similar to NRL who managed a surplus in 18-19 of $76million which they would have dipped into to cover the '20 loss.


ps I'm no afl expert, I can just read and know how to use google lol

Maybe the big profits, this year and last could be put down to goood management - just a thought.

I

 

[baselinepanther]

Or.............instead of that pro AFL thought bubble you could have offered up the NRLs position by way of comparison. You know, a half glass full honest appraisal.

he'd choke to death on his own vomit trying that

 

[baselinepanther]

No, they got the loan as a back up as at the time no one knew how long and how big the impact. They didnt use it and closed down that facility last year.
Between 2017-2019 they managed to achieve a $113.8mill surplus which gave them a decent cash reserve to cover losses of last two years. Similar to NRL who managed a surplus in 18-19 of $76million which they would have dipped into to cover the '20 loss.


ps I'm no afl expert, I can just read and know how to use google lol

so
summary position 2018-2021 for both codes
AFL 11 million profit ( 76 million profit 18-19 , 65 million loss 20-21)
NRL 102 million profit ( 76 million profit 18-19 , 26 million profit 20-21)

NRL
killing it

 

[Diesel]

PR’a comments are paid for by afl
House. Give the NRL some bloody credit for once

 

[Phil McGrawhan]

He can't he's too far into the brainwashed cult where everything they do is good .
Everything the NRL do is bad .
The funny thing is he then pretends to be a RL fan .

 

[Perth Red]

so
summary position 2018-2021 for both codes
AFL 11 million profit ( 76 million profit 18-19 , 65 million loss 20-21)
NRL 102 million profit ( 76 million profit 18-19 , 26 million profit 20-21)

NRL
killing it

I do admire how you cherry pick time periods to suit your arguments, but yes if you want to choose those years to compare they are lol.

its interesting the two approaches being taken by the different codes woh the nrl slashing costs and funding to reduce expenditure and the afl largely maintaining expenditure and using its cash reserves.

as for the $51mill surplus yes it Sounds impressive but depends what was cut to achieve it, in 2020 development funding was slashed by $33 million.

we know the origin revenue from previous year was included so there an extra $25 mill in the pot so be interesting when the figures come out so see how it has been achieved. That’s if Vlandys hasnt hidden stuff even more in the next annual report.

 

[Perth Red]

Which is why things like NRL.com and other waste was cut

Revenue generating expenditures are not waste lol

 

[baselinepanther]

I do admire how you cherry pick time periods to suit your arguments, but yes if you want to choose those years to compare they are lol.

you posted the periods

 

[baselinepanther]

Revenue generating expenditures are not waste lol

it was never proven it was profitable

 

[Iamback]

Revenue generating expenditures are not waste lol

So all those journos, ex players etc all donated their time out of the kindness of their hearts?

Cuts needed to be made somewhere. They are currently running a website, free of charge with new content added daily.

Still makes revenue just with lower overheads

 

[Iamback]

it was never proven it was profitable

That is it. Any person knows you need to spend money to make money

 

[Phil McGrawhan]

I do admire how you cherry pick time periods to suit your arguments, but yes if you want to choose those years to compare they are lol.

its interesting the two approaches being taken by the different codes woh the nrl slashing costs and funding to reduce expenditure and the afl largely maintaining expenditure and using its cash reserves.

as for the $51mill surplus yes it Sounds impressive but depends what was cut to achieve it, in 2020 development funding was slashed by $33 million.

we know the origin revenue from previous year was included so there an extra $25 mill in the pot so be interesting when the figures come out so see how it has been achieved. That’s if Vlandys hasnt hidden stuff even more in the next annual report.

You're full of it .
The AFL slashed expenditure just like the NRL did .
Yet you won't admit that .
Pathetic Afl troll .

 

[Phil McGrawhan]

Just to add .
From AFL .COM
THE AFL has recorded a $22.8 million loss on its COVID-19 ravaged 2020 operations.



Payments to AFL executives and commissioners was reduced by a third ($7.10m in 2020, $10.57m in 2019).

Virtually all facets of the AFL industry suffered severe job loss and wage cuts due to COVID-19 enforced changes. The AFL itself was forced to stand down more than 80 per cent of its employees.

The AFL registered a $27.9m profit on the 2019 season.

They also used 60 mill of cash reserves .

Yet PR sees this as good..
& lies about maintaining expenditure .

How football department cost cutting may impact the new season

In 2021 everyone employed in the AFL system has been asked to do more work for less money.

www.theage.com.au

After a season like no other has come a pre-season like the old days.

The cut in each of the 18 AFL clubs football department’s spend from $9.7 million per year to $6.2 million has seen staff numbers slashed to levels they haven’t been since the ’90s.

Roughly 70-80 per cent of the $9.7 million spent each year went on salaries and the cuts have been across the entire department. Administration, medical, conditioning and welfare have all taken a hit. The cost-cutting has come mostly at the expense of very good people.

 

[Perth Red]

you posted the periods

nope I included 2017 when their tv deal began and they made a $61mill surplus. Hence why they have the cash reserves to cover their losses.

 

[Perth Red]

it was never proven it was profitable

From 3 mill to 24mill in just a few years, if they arent making a profit on that sort of revenue growth then someones not doing their job properly! Stop kidding yourself it was closed down due to profitability, it was due to News Ltd and Nine demanding it as has been mentioned in numerous articles.

 

[tri_colours]

From 3 mill to 24mill in just a few years, if they arent making a profit on that sort of revenue growth then someones not doing their job properly! Stop kidding yourself it was closed down due to profitability, it was due to News Ltd and Nine demanding it as has been mentioned in numerous articles.

hasn't it just been cut back?

And previously wern't you all against the digital arm?

 

[Iamback]

hasn't it just been cut back?

And previously wern't you all against the digital arm?

Yep still going. Still has articles the General public can view for free

Just cut back some waste

 

[Iamback]

From 3 mill to 24mill in just a few years, if they arent making a profit on that sort of revenue growth then someones not doing their job properly! Stop kidding yourself it was closed down due to profitability, it was due to News Ltd and Nine demanding it as has been mentioned in numerous articles.

How much did the costs go up? How much was the ad revenue going to be cut back?