2024 Annual Reports

[Wb1234]

Net assets 52 million
Cash flow over 4 million pa

And that’s based on the leagues club being closed and ground capacity capped at 11.5k

Wow

 

[SirPies&Beers]

Net assets 52 million
Cash flow over 4 million pa

And that’s based on the leagues club being closed and ground capacity capped at 11.5k

Wow

tales of their financial demise *cough perthwrongs* are hilariously far fetched

 

[Iamback]

Cronulla FC 2024 Revenue

Gate takings and game day $2.7mill (+$400k)
Membership $2.5mill (+$250k)
Sponsorship and corporate sales $7.1mill (+$600k)
Merch $2.1mill (+$200k)

NRL&NSWRL grant $19.8mill (+$400k)

Shark Park is cheap to host games, There is why they stay there

 

[Perth Red]

Shark Park is cheap to host games, There is why they stay there

It also severely impacts the revenue generation for gate takings, memberships and corporate sales compared to clubs in better stadiums. I guess if you have no confidence you can increase your fanbase and corporate sale appeal then sure, a run down small stadium you're not having to hire (but are having to maintain and run) might make sense.

eg in revenue generation in those 3 game day areas (+sponsorship) 2024
Suburban grounds
Tigers $11.8mill
Sharks $12.3mill

Modern stadiums
Souths $19.2mill
Eels $20.6mill
Cowboys $24.6mill

 

[Iamback]

It also severely impacts the revenue generation for gate takings, memberships and corporate sales compared to clubs in better stadiums. I guess if you have no confidence you can increase your fanbase and corporate sale appeal then sure, a run down small stadium you're not having to hire (but are having to maintain and run) might make sense.

eg in those 3 areas (+sponsorship)
Sharks $12.3mill
Souths $19.2mill
Eels $20.6mill
Cowboys $24.6mill

I am sure they have done the sums.

Penrith have won 4 comps in a row and we have budgeted to have a $3m drop in membership/ticket sales this year.

Sharks maybe looking at similar with a move. When they have a Leagues club on site and the 5k extra crowd will help that bottom line massively

 

[Perth Red]

I am sure they have done the sums.

Penrith have won 4 comps in a row and we have budgeted to have a $3m drop in membership/ticket sales this year.

Sharks maybe looking at similar with a move. When they have a Leagues club on site and the 5k extra crowd will help that bottom line massively

Penriths accounts are really weird for 2024! They have by far the lowest gate takings and membership revenue weirdly. Either they let people in for free, or haven't declared the takings lol

Gate takings $1.5mill
membership $2.6mill

Annual Reports - Panthers Group

Panthers Rugby League Club (PRLC) PRLC Annual Report 2024 Panthers District Rugby League Football Club (PDRLFC) PDRLFC Annual Report 2024

www.panthers.com.au

 

[Wb1234]

It also severely impacts the revenue generation for gate takings, memberships and corporate sales compared to clubs in better stadiums. I guess if you have no confidence you can increase your fanbase and corporate sale appeal then sure, a run down small stadium you're not having to hire (but are having to maintain and run) might make sense.

eg in revenue generation in those 3 game day areas (+sponsorship) 2024
Suburban grounds
Tigers $11.8mill
Sharks $12.3mill

Modern stadiums
Souths $19.2mill
Eels $20.6mill
Cowboys $24.6mill

They are showing a cash flow over 4 million pa whilst the leagues club is closed and the crowds are capped at 11.5k

They will go close to ten million once the leagues club is open and crowds go back to normal

Just pretend it’s craven park but on a bigger scale

 

[Perth Red]

They are showing a cash flow over 4 million pa whilst the leagues club is closed and the crowds are capped at 11.5k

They will go close to ten million once the leagues club is open and crowds go back to normal

Just pretend it’s craven park but on a bigger scale

I like how you have totally ignored the actual topic lol. Revenue generation and how modern stadia generate far greater revenue than suburban grounds.

 

[Wb1234]

I like how you have totally ignored the actual topic lol. Revenue generation and how modern stadia generate far greater revenue than suburban grounds.

That’s just a cliche

The figures the club is showing above shows there’s literally no need they are already a financial powerhouse

Lack of rent and game day revenues including the new posh restaurant thing plus how much more the leagues club will make when it opens

And that’s not forgetting giving up home ground advantage

Sharks have shown their fans won’t go to kogarah which is next door so what chance Allianz works for them ?

I know it looks awful on tv but it’s a really nice set up with all the restaurants on the beach at Cronulla not far plus northies

When the leagues club gets finished say the crowd average goes up by 5k per game, you’re looking at extra game day revenue of 200k plus so around 2.4 million extra profit plus millions more from the leagues club