NRL Clubs net worth and price

[Rooster8]

I know all clubs have various owners and different overall net worth, but what are the updated figures? ASX Listed broncos would be much higher than Cronulla for example. But what would roughly be the purchase price for a new owner of each NRL club. I read an article a while ago saying that Manly’s board knocked back a 12 million dollar offer for the ownership. Would be interesting to hear everyone’s opinion.

 

[Perth Red]

Not much, don’t think the nrl recouped much of its expenses when they recently sold titans and knights. Few clubs make a profit and not many have assets worth much. The thing of value is the nrl license. Under $20mill would buy most clubs, if they were for sale I’d suggest.
This year we have seen warriors sold and part ownership of dragons for undisclosed sums.

 

[SpaceMonkey]

The Warriors were sold this year for reportedly around $17–18M which was apparently something of a cut price rate with the club’s value being closer to $20M but Watson took a lower price for a cash sale. A rival consortium had apparently been offering as much as $24M but on different terms.

 

[mave]

Penn should have take his 12mill and run for the hills.

 

[Perth Red]

Penn should have take his 12mill and run for the hills.

Only a matter of time I suspect. Manly have a whiff of the sharks pre land sale about them. Clearly they have no money to invest in the club, they must have lost shed loads this year with a crowd avg sub 9k, their dilapidated facilities mean corporate box sales must be terrible. How rich is penn?

 

[tripster]

Probably depends as well on whether or not the club is one that is profitable or has the potential to become profitable (and if so, in what time period).

Brisbane Broncos are one of the few clubs that are profitable. That's probably unsurprising given the size of the area that they can draw upon as a fan base for ticket, jersey sales and sponsorships. Their market capitalisation on the ASX (share price multiplied by total shares on issue) is $49 million. That probably therefore tells you the maximum that a highly successful NRL club is worth.

 

[OzDragon]

I’d say we’re worth about three fiddy

 

[Hutty1986]

I’d say we’re worth about three fiddy

I'll give them a dolla

 

[carcharias]

I’ll give ya $2 for the Perth team.

 

[Travitoh]

I'll give them a dolla

They'll just keep coming back, assuming you've got more

 

[Travitoh]

I’ll give ya $2 for the Perth team.

Don't you hate when it's a gold coin donation and you don't have any $1 coins

 

[greenBV4]

Not sure how this equates to purchase price but according to Donaghy, the Storm are a "$52 million business"

“The thing about our club, we’re a 52 million dollar business, we’re forecast to make profits this year, after 20 years and a hell of a lot of hard work, we will turn a fairly significant profit which is a great step for our football club.”

- https://www.sen.com.au/news/2018/05/23/storm-ceo-were-not-in-the-business-of-being-a-feeder-team/

 

[Perth Red]

I’ll give ya $2 for the Perth team.

With $63mill of assets, a revenue of $64mill a year and a profit of $5.5mill in 2017 I think the Perth team is a bit out of your reach lol

 

[Last Week]

With $63mill of assets, a revenue of $64mill a year and a profit of $5.5mill in 2017 I think the Perth team is a bit out of your reach lol

Worth nothing if no one wants them.

 

[carcharias]

With $63mill of assets, a revenue of $64mill a year and a profit of $5.5mill in 2017 I think the Perth team is a bit out of your reach lol

I’m not talking Sierra Leone- Leone’s

 

[David brown]

Tree Fiddy and change..

 

[mave]

Only a matter of time I suspect. Manly have a whiff of the sharks pre land sale about them. Clearly they have no money to invest in the club, they must have lost shed loads this year with a crowd avg sub 9k, their dilapidated facilities mean corporate box sales must be terrible. How rich is penn?

Richer than he was before he bought the club.

The Leagues Club land sale has been quite the boon.

 

[taipan]

I’ll give ya $2 for the Perth team.

The club that doesn't exist.
Money for nothing, and the hicks are free.

With the $13m the clubs will be getting ,the losses incurred by clubs should be well down .

 

[jim_57]

Can we have a "Sharks fans reply something witty about Perth not having a team to every negative Perth Red post on every thread ever" thread?

 

[carcharias]

Can we have a "Sharks fans reply something witty about Perth not having a team to every negative Perth Red post on every thread ever" thread?

Yep
f**king oath we can.
Until I’m dead.