Next TV deal discussion 2028 -

[The_Wookie]

Over the past 20 years afl has generated probably 2 billion more revenue than nrl

2.748b - not including Government grants for Marvel which is another 225m.

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

Its what accounting does when you have a 100% subsidary status. Marvel contributed 43.6m in revenue in 2024.

Nrl could show all revenue from gambaro vs profit it makes

The NRL shows revenue from its hotels in Sundry income. This was 23.768m in 2024.



Neither the AFL nor NRL provide costs for these operations. Oddly the Hotel operations are not listed as subsidaries of the NRL/ARLC.

Net assets is key. And it’s not like afl club finances or wages are better than nrl

Where’s it gone ?

Mostly in depreciation of a 25 year old stadium (more than 20m a year), but also changes to accounting practices means that Lease liability became a big deal - 80m for the AFL v 10m for the NRL, whereas it used to not be reported this way. Further the AFL hasnt purchased any new assets since November 2016 - until the purchase of Waverly Park a few weeks ago, whereas the NRL has been loading up on Hotels and accommodation premises.

 

[Wb1234]

2.748b - not including Government grants for Marvel which is another 225m.

View attachment 104693



Its what accounting does when you have a 100% subsidary status. Marvel contributed 43.6m in revenue in 2024.



The NRL shows revenue from its hotels in Sundry income. This was 23.768m in 2024.

View attachment 104694

Neither the AFL nor NRL provide costs for these operations. Oddly the Hotel operations are not listed as subsidaries of the NRL/ARLC.



Mostly in depreciation of a 25 year old stadium (more than 20m a year), but also changes to accounting practices means that Lease liability became a big deal - 80m for the AFL v 10m for the NRL, whereas it used to not be reported this way. Further the AFL hasnt purchased any new assets since November 2016 - until the purchase of Waverly Park a few weeks ago, whereas the NRL has been loading up on Hotels and accommodation premises.

Nrl should invest in Melbourne prime cbd office buildings

Some prime stuff is down over 30 percent with yields over 5 percent

Having all their money tied up In just hotels is a poor strategy as it’s all exposed to something that hurts tourism

Should throw in some shopping centres and stuff that has longer term development potential

Everything they’ve bought has little development upside whilst marvel could one day be sold for housing / commercial development

 

[BuffaloRules]

If

Should throw in some shopping centres and stuff that has longer term development potential

Buy the Rosehill racecourse maybe ?

Let’s face it… the AFL has got themselves a deal on that stadium … I couldn’t see the NSW Govt doing the NRL a similar deal …

Any major shopping Center is an asset the NRL couldn’t afford , and a smaller one isn’t a great investment these days

 

[Wb1234]

If

Buy the Rosehill racecourse maybe ?

Let’s face it… the AFL has got themselves a deal on that stadium … I couldn’t see the NSW Govt doing the NRL a similar deal …

Any major shopping Center is an asset the NRL couldn’t afford , and a smaller one isn’t a great investment these days

Campsie shopping centre near me sold for 95 million and has net rent of 5 million pa

Plus can knock down and do 50 storey apartment tower with shopping centre underneath

Same guy bought Burwood shopping centre for similar dollars and is doing the development now and will make over 500 million profit plus he’s received over 100 million in net rent since purchase

Loads of good stuff selling in regional places for 30 million and less

Melbourne offices show huge value after the price falls

Jeff Kennett ensured the afl got the land at docklands cheap you aren’t wrong

Nrl has still got at least 200 million left to invest and will be more with new tv deal

 

[Steel Saints]

Well lets see:

* September 2022- AFL signs new tv deal. Seven years from 2025-2031 @ $4.5 billion.

*August 2024- News Corp Chief Executive Robert Thomson revealed that Foxtel is up for sale. Revenues were up 6% on previous year and there is third party interest.

*December 2024- DAZN announced an agreement to acquire Foxtel Group.

*March 2025- New AFL season begins, along with the commencement of the new seven year deal.

*April 2025- DAZN completes the acquisition of the Foxtel Group in a $3.4 billion deal. News Corp takes 6% stake in DAZN.

*July 2025- In his podcast, former Collingwood President Eddie McGuire reveals "DAZN are lining up already to try and cut the AFL contract- I can give you that as an exclusive right now".

 

[Foreign Legion]

What ever happen3d to the NSW leagues club in the CBD?

 

[Desert Qlder]

What ever happen3d to the NSW leagues club in the CBD?

Australia’s first leagues’ club closes - Australian Geographic

The NSW Leagues’ Club building has closed its doors after 101 years, for most of which it stood as ‘the heart and soul’ of Australian rugby league.

www.australiangeographic.com.au

https://www.dailytelegraph.com.au/sport/nrl/lights-go-out-on-100-years-at-the-nswrl-with-phillip-st-to-be-closed-down/news-story/47089875090e4de7932e630f10ae88bc

It's a Travelodge now.

 

[Wb1234]

What ever happen3d to the NSW leagues club in the CBD?

They did a really bad deal with and sold it

https://www.dailytelegraph.com.au/sport/nrl/lights-go-out-on-100-years-at-the-nswrl-with-phillip-st-to-be-closed-down/news-story/47089875090e4de7932e630f10ae88bc

They do have assets now like ten million cash at bank

But that land for the leagues club today could be worth 50 to 100 million

 

[Canard]

Nrl should invest in Melbourne prime cbd office buildings

Some prime stuff is down over 30 percent with yields over 5 percent

Having all their money tied up In just hotels is a poor strategy as it’s all exposed to something that hurts tourism

Should throw in some shopping centres and stuff that has longer term development potential

Everything they’ve bought has little development upside whilst marvel could one day be sold for housing / commercial development

Commercial real estate in the Melbourne CBD (and most Australian citieis) is a bad investment in 2025.

 

[SirPies&Beers]

Commercial real estate in the Melbourne CBD (and most Australian citieis) is a bad investment in 2025.

no guarantee's businesses will lease office spaces. makes more sense owning the hotels i reckons

 

[Vlad59]

What ever happen3d to the NSW leagues club in the CBD?

Phillips street? I drank a lot of Reschs there in the old days.

 

[Pippen94]

Nrl should invest in Melbourne prime cbd office buildings

Some prime stuff is down over 30 percent with yields over 5 percent

Having all their money tied up In just hotels is a poor strategy as it’s all exposed to something that hurts tourism

Should throw in some shopping centres and stuff that has longer term development potential

Everything they’ve bought has little development upside whilst marvel could one day be sold for housing / commercial development

NRL gets paid to bring events to cities. If they own hotels in those cities they're also reaping benefits on other side.

 

[colly]

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.

We would never know your a NRL fan by your intricate knowledge of AFL

 

[Perth Red]

We would never know your a NRL fan by your intricate knowledge of AFL

Everything. I know I’ve learnt from Wb‘s insistent posting on afl over the years lol (and google)

 

[Wb1234]

NRL gets paid to bring events to cities. If they own hotels in those cities they're also reaping benefits on other side.

Plus they have to pay for players hotel costs for games interstate

But all your money tied up in one asset class is a bad strategy unless you are a specialised hotel operator

Retail returns the same as hotel

Gambaro was a good purchase the other ones a bit meh especially the one at Cronulla

 

[Pippen94]

Plus they have to pay for players hotel costs for games interstate

But all your money tied up in one asset class is a bad strategy unless you are a specialised hotel operator

Retail returns the same as hotel

Gambaro was a good purchase the other ones a bit meh especially the one at Cronulla

Hotels, sports venues and sport are related. Mark Cuban sold mavs in NBA because he said he's not a real estate guy. Maybe retail is outside the experience of current NRL admin or a link hasn't been explored.

 

[Wb1234]

Hotels, sports venues and sport are related. Mark Cuban sold mavs in NBA because he said he's not a real estate guy. Maybe retail is outside the experience of current NRL admin or a link hasn't been explored.

Looks like he sold out at the right time lol

Retail requires no management expertise

Like most of their hotels operated under lease and collect rent as landlord

Hotels are riskier than retail

 

[colly]

2.748b - not including Government grants for Marvel which is another 225m.

View attachment 104693



Its what accounting does when you have a 100% subsidary status. Marvel contributed 43.6m in revenue in 2024.



The NRL shows revenue from its hotels in Sundry income. This was 23.768m in 2024.

View attachment 104694

Neither the AFL nor NRL provide costs for these operations. Oddly the Hotel operations are not listed as subsidaries of the NRL/ARLC.



Mostly in depreciation of a 25 year old stadium (more than 20m a year), but also changes to accounting practices means that Lease liability became a big deal - 80m for the AFL v 10m for the NRL, whereas it used to not be reported this way. Further the AFL hasnt purchased any new assets since November 2016 - until the purchase of Waverly Park a few weeks ago, whereas the NRL has been loading up on Hotels and accommodation premises.

Could you answer this. For explain the AFL got in 2024 roughly $473m pa media Tv Telstra as said by the AFL. Yet they also got or made roughly ( $1033,366,999 minus $473,000,000 equals $560,366,000. This is what the AFL made not including the Media/TV/Foxtel. It a huge amount. Maybe $100m for licensing /gambling, where do they get over $560m pa The NRL has also $2 to $3 hundreds of millions dollars on their accounts of which I have no clue where they get it from.
My guess it's a accounting of all crowds times tickets prices for both the NRL and AFL, which as the AFL gets bigger crowd numbers to games therefor a higher figure? Take you're time no hurry, if at all.

 

[Pippen94]

Looks like he sold out at the right time lol

Retail requires no management expertise

Like most of their hotels operated under lease and collect rent as landlord

Hotels are riskier than retail

New owners are casino people so funnel fans to their adjoining venue and hotel. Clear connection between assets. Vlandys is events guy.

 

[The_Wookie]

Could you answer this. For explain the AFL got in 2024 roughly $473m pa media Tv Telstra as said by the AFL. Yet they also got or made roughly ( $1033,366,999 minus $473,000,000 equals $560,366,000. This is what the AFL made not including the Media/TV/Foxtel. It a huge amount. Maybe $100m for licensing /gambling, where do they get over $560m pa The NRL has also $2 to $3 hundreds of millions dollars on their accounts of which I have no clue where they get it from.
My guess it's a accounting of all crowds times tickets prices for both the NRL and AFL, which as the AFL gets bigger crowd numbers to games therefor a higher figure? Take you're time no hurry, if at all.

Sponsorship is a big chunk. Finals ticketing & corporates, for the NRL this includes Origin and internationals. The AFL gets membership revenue from its own 60,0000 AFL members (separate to the clubs) and receives attendance bonuses from the MCG. Theres signage, pourage, and the ever present gambling. And as already mentioned Marvel Stadium revenue (Axxcess memberships alone generate about 40m), and for the NRL its hotels etc.

For the AFL



For the NRL