New Zealand 2 will deal a massive blow to NZ rugby

[Wb1234]

I do love a prediction lol

yeh it’s not like they have one hundred million plus in net assets already

whilst funding clubs at 150 percent of the cap

whilst afl nickel and dimes it’s clubs

 

[Perth Red]

So answer my questions then

why do afl clubs with close to 100k members and crowds of 40k plus make less profits than most rugby league clubs

They dont, there isnt many, if any, NRL clubs making the profits some AFL clubs are making. In both codes you have some highly profitable clubs and some loss making clubs. In both sports the grant is used to offset those losses as much as possible. And in both sports clubs will largely spend what they earn. They arent there to make profits, they are there to win titles.

A comparison of the 2 codes most profitable non pokie clubs in 2022:
Broncos $3.2mill
WC Eagles $7.2mill

 

[Perth Red]

yeh it’s not like they have one hundred million plus in net assets already

whilst funding clubs at 150 percent of the cap

whilst afl nickel and dimes it’s clubs

I refer the good gentleman to previous evidence submitted:

Last year AFL gave its clubs $337mill, NRL less than $220mill.

 

[Wb1234]

They dont, there isnt many, if any, NRL clubs making the profits some AFL clubs are making. In both codes you have some highly profitable clubs and some loss making clubs. In both sports the grant is used to offset those losses as much as possible. And in both sports clubs will largely spend what they earn. They arent there to make profits, they are there to win titles.

A comparison of the 2 codes most profitable clubs in 2022:
Broncos $3.2mill
WC Eagles $7.2mill

Nrl clubs are funded to 150 percent of the cap

afl clubs at 112 percent of the cap

obviously the afl can’t afford to fund its clubs as generously as rugby league clubs

 

[Wb1234]

I refer the good gentleman to previous evidence submitted:

Last year AFL gave its clubs $337mill, NRL less than $220mill.

Cause they are top heavy funding financial basketcases like the lions suns and giants they can’t fund the rest properly

 

[Perth Red]

Nrl clubs are funded to 150 percent of the cap

afl clubs at 112 percent of the cap

obviously the afl can’t afford to fund its clubs as generously as rugby league clubs

again, for the hard of hearing they dont need to. Why would you give clubs making significant profits more money at the expense of game asset building and grassroots investment? You didnt answer tthis question last time.
Personally Id rather see more of the games money go to QRL than go to Broncos shareholders.

 

[Perth Red]

Cause they are top heavy funding financial basketcases like the lions suns and giants they can’t fund the rest properly

Ive debunked this myth your peddling. The clubs with the smallest grants all made decent profits in 2022.

 

[Wb1234]

again, for the hard of hearing they dont need to. Why would you give clubs making significant profits more money at the expense of game asset building and grassroots investment? You didnt answer tthis question last time.
Personally Id rather see more of the games money go to QRL than go to Broncos shareholders.

They can’t afford it

nrl doesn’t need too either

they’ve got league clubs and clubs like the broncos who make massive profits regardless

Ive debunked this myth your peddling. The clubs with the smallest grants all made decent profits in 2022.

150 of cap vs 112 percent of cap

 

[Maximus]

You know all the debts they incurred and haven’t paid back yet

just look at their liabilities

Oh good, we are back to wb1234 claiming that all liabilities are loans are we?

 

[The_Wookie]

That’s avoiding my question

with a massive tv deal, avg crowds over 30k and some clubs having up to 100k members why do some lose millions pa

either the afl distributions are very low compared to the nrl funding clubs at close to 150 percent of the cap or crowds and members are padded with freebies or very low revenue

The AFL has had a lot of centralised revenue since they moved to franchise the clubs in thye mid 80s, that the NRL either doesnt have or doesnt centralise.

This includes signage agreements at the MCG and Docklands. Pourage rights at Docklands, AFL Memberships with club support, stadium income from corporate boxes at the MCG and Docklands and Parking at Docklands.

Then theres additional support for smaller clubs who dont get the advantages the big clubs do, like playing in umpopular tv spots or smaller venues or more expensive venues, and this in turn affects sponsorship revenues. There arent enough rounds in the season for everyone to play each other twice, and so theres an additional distribution to make up for a lack of games against the big clubs or being forced to play at less popular and more expensive grounds due to AFL ground deals which over-ride club deals.

For your average AFL club the distribution makes up 15-2o% of total revenue, for a mid to large club, they'll make more from memberships and gate receipts than the disstribiution. For several even the corporate revenue is more.

 

[Perth Red]

They can’t afford it

nrl doesn’t need too either

they’ve got league clubs and clubs like the broncos who make massive profits regardless

150 of cap vs 112 percent of cap

of course they can, they have arevcenue of over 800mill, they just dont need to.

NRl does as, by your own admission, most clubs have made losses for years. Unfortunately its come at the expense of grassroots funding and asset building at the same level.

it doesnt matter the cap % lol, some AFL clubs are profitable with a smaller grant than some others. Again answer the question why would you give a profitable club more money than it needs at the expense of other areas of investment?

 

[Maximus]

some us can read an annual report, whilst others just make sht up lol

Preparing, reviewing and auditing financial statements are all parts of my day to day job. I'm yet to see any commentary from him that suggests he's ever actually read a financial statement.

 

[The_Wookie]

Cause they are top heavy funding financial basketcases like the lions suns and giants they can’t fund the rest properly

AFL distributions are designed to support the smaller clubs who dont get the advantages the bigger clubs get. Its the one thing the league learnt from the Fitzroy saga.

 

[Wb1234]

of course they can, they have arevcenue of over 800mill, they just dont need to.

NRl does as, by your own admission, most clubs have made losses for years. Unfortunately its come at the expense of grassroots funding and asset building at the same level.

it doesnt matter the cap % lol, some AFL clubs are profitable with a smaller grant than some others. Again answer the question why would you give a profitable club more money than it needs at the expense of other areas of investment?

This is the worst defence I’ve seen you make of afl on these forums

guess it’s too much bs even for you

 

[The_Wookie]

Nrl clubs are funded to 150 percent of the cap

afl clubs at 112 percent of the cap

obviously the afl can’t afford to fund its clubs as generously as rugby league clubs

it could, it would just have to spend less elsewhere....like rugby league.

 

[The_Wookie]

Yeh they still have to pay off all the covid debts

meanwhile we are investing In high quality commercial property

Ive specifically shown you, including screenshots before, that this is utter bullshit.

In fact, its highly likely that the AFL is debt free or will be this year with only lease liabilities on the docket/

 

[Wb1234]

 

[Maximus]

Nobody cares what randoms on Twitter have to say.

 

[Perth Red]

Nobody cares what randoms on Twitter have to say.

He does apparently lol

 

[Perth Red]

This is the worst defence I’ve seen you make of afl on these forums

guess it’s too much bs even for you

answer the question why would you give a profitable club more money than it needs at the expense of other areas of investment?