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2023 Annual reports

Perth Red

Post Whore
Messages
65,957
That time of the year again when we get club and code Annual reports released.

First off the rank is NZRL for FY 2022-2023.

 

Munky

Coach
Messages
10,513
AFL Red, Corporate Consultant.

Being a finance consultant is like Marge Simpson teaching piano.

You're brought in because highly paid management has NFI.

So you just need to make sure you have NFI + 1 levels of knowledge.
 

League Unlimited News

Administrator
Staff member
Messages
7,804
NRL Annual Report imminent. This appears in the Tele today, with the headline proclaiming the NRL has "overtaken the AFL":

ARL Commission boss Peter V’landys has revealed his masterplan to make the NRL a $1 billion empire as the code celebrates the greatest revenue in rugby league’s 116-year history.

V’landys boldly declared the NRL has dethroned the AFL as Australia’s No. 1 sport after League Central on Wednesday revealed a record income in excess of $700 million ahead of the code’s historic double header in Las Vegas.

V’landys and NRL boss Andrew Abdo will head to Sin City next week basking in the afterglow of a series of financial coups that has turned the game from the brink of bankruptcy to unprecedented riches in just three years.

On a landmark day for the sport, the ARL Commission released the NRL’s financial performance for the 2023 season as rugby league’s on and off-field prosperity hit record levels.

It can be revealed:

* The NRL’s total revenue reached a record $701.1 million;

* The 2023 revenue represented a whopping $107.3m improvement and represented an 18 per cent increase on the previous season’s mark of $593.8m;

* The ARLC announced a 2023 operating surplus of $58.2m, the third consecutive year League Central has recorded a handsome profit;

* Since 2021, the NRL has banked $164.2 million in profits;

* The NRL now boasts net assets in excess of $260 million, bolstered by the purchase of three properties, including Brisbane’s Gambaro Hotel near Suncorp Stadium;

* The NRL delivered record distributions of $447 million to stakeholders, an increase of $80m from 2022, with players receiving a record $216.3m, up 16 per cent from the previous year; and

* Rugby league is now Australia’s most-watched sport with total viewership of 171.8 million, up 14 per cent from 150.6m in 2022.


 

MugaB

Coach
Messages
12,155
NRL Annual Report imminent. This appears in the Tele today, with the headline proclaiming the NRL has "overtaken the AFL":

ARL Commission boss Peter V’landys has revealed his masterplan to make the NRL a $1 billion empire as the code celebrates the greatest revenue in rugby league’s 116-year history.

V’landys boldly declared the NRL has dethroned the AFL as Australia’s No. 1 sport after League Central on Wednesday revealed a record income in excess of $700 million ahead of the code’s historic double header in Las Vegas.

V’landys and NRL boss Andrew Abdo will head to Sin City next week basking in the afterglow of a series of financial coups that has turned the game from the brink of bankruptcy to unprecedented riches in just three years.

On a landmark day for the sport, the ARL Commission released the NRL’s financial performance for the 2023 season as rugby league’s on and off-field prosperity hit record levels.

It can be revealed:

* The NRL’s total revenue reached a record $701.1 million;

* The 2023 revenue represented a whopping $107.3m improvement and represented an 18 per cent increase on the previous season’s mark of $593.8m;

* The ARLC announced a 2023 operating surplus of $58.2m, the third consecutive year League Central has recorded a handsome profit;

* Since 2021, the NRL has banked $164.2 million in profits;

* The NRL now boasts net assets in excess of $260 million, bolstered by the purchase of three properties, including Brisbane’s Gambaro Hotel near Suncorp Stadium;

* The NRL delivered record distributions of $447 million to stakeholders, an increase of $80m from 2022, with players receiving a record $216.3m, up 16 per cent from the previous year; and

* Rugby league is now Australia’s most-watched sport with total viewership of 171.8 million, up 14 per cent from 150.6m in 2022.


PR combing thru article looking for a negative somewhere... aha gotcha! Listen fellas we cant have a National footprint without perth!!!!!
 

Munky

Coach
Messages
10,513
Wanted to check how the other Rugby code is doing but looks like my hate wank will have to wait until late April for the 2023 Rugby Australia annual report.

Boo.
 
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