No doubt if the tv deals reduced both codes would have to cut their clothes accordingly. Afl have mitigated some of the risk of expansion with things like the ticket tax and unequal grants systems. Clubs like the eagles with $65mill revenue and $12mill profit are not stressing about money going to the suns.
Afl recognised same time as ARL that they needed to be a national code with two teams in major capital cities. Sadly SL killed the arl’s ambitions but afl have a very long term strategy at play to be Australia’s footy code. You can mock as much as you like but a $300mil gap in revenue should be enough to tell you how it is working out for both codes,
the drop in tv audiences is significant for them and will cause them pain in 5years unless resolved. Good to see nrl viewing holding solid. We still have barely tapped some states with fta viewing.
Afl 2017 annual report
2017 afl surplus $48.8mill
Correct.The drop in TV audiences so far has been far greater for the AFL than the NRL.The latter is supposedly down less than 1%.That factor assists the NRL more so than the AFL when it comes to Tv deals.Throw in the SOO as the cream on the TV cake.
As I stated prior you can have long term strategies, like SL,unless you get public support it's a costly ,futile exercises News found to their financial hit.
Naturally 2 clubs in AFL states like Perth an Adelaide is a winner.It hasn't translated that way in NSW/Qld. The only reason the Swans got a lift, was the SL war and the cutting of clubs and joint ventures.
The future expansion ops in the The Nth states are virtually nil.
The other 3 expansion clubs by the AFL have been huge financial drains.
Interesting in the latest financials for first half year ,shows digital is helping their surpluses.
The gap in revenue is closing also.
I'll mock any code or business that wastes money ,especially when that code is held up as the panacea of how to run sports .Just because your revenue is huge.Costs are also on the rise, and remember their cost of running AFL teams due to numbers of employees, is far greater than the NRL.
I'll also mock any code that sweeps major incidents under the carpet,to give the public impression of the ideal sport.
And they had a loss prior.
They have been assisted by Governments in the past who threw billions of dollars worth of new stadiums to help grow the game and revenues.The NRL has been negligent from post SL: through to Smith/Grant's reign.
Last para I agree so that's something.
