Over the past 20 years afl has generated probably 2 billion more revenue than nrl
And yet in terms of net assets there’s only 100 million difference
Afl exaggerate revenue by showing all marvel as revenue rather than net profit
Nrl could show all revenue from gambaro vs profit it makes
Net assets is key. And it’s not like afl club finances or wages are better than nrl
Where’s it gone ?
just checked, in last 12 years its $3billion revenue difference.
Their marvel assets are massively understated, the land alone that marvel sits on would be worth a fortune.
its not exaggerating revenue, it’s return from an investment they made, in same way nrl is now including revenue from its investments.
like I said they can afford the investments they’ve made in expansion.
it’s gone to expansion. clubs, grassroots and HT entertainment at the gf lol
if we had $3bill extra we wouldn’t have had to wait this long for expansion.