BlueandGold
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The NRL rights deal kicks in this year.
So NRL will be around the 650m mark not including the new Hotel revenue.
You also left out the part about the NRL investing only 50m of its planned 300m worth of investments.
While the AFL have lifted revenue by investing over 270m in marvel with a loan.
In Time NRL will find investments to the tune of 250m, this will lift NRL revenue considerably.
I stand by what i said, the current comparison is like a mirage and not near 300m gap as PR said.
Revenue from Marvel is much larger than in 2019, 130-140m in revenue from the stadium from all sources.
Once the NRL finds its investments then you will get a clear idea of the revenue of both codes.
At this very moment the revenue talk is a apples vs oranges comparison, once the NRL makes its planned 250m more in investments then it will be a fair comparison.
Like WB said it took the AFL 20 years to build up that position, the NRL built up its position in less than 10 years.
''The NRL reported equity of 201m (187 cash) in 2022. The AFL reported 314m* (178m cash) in 2022.''
The AFL net position is not 314m, that includes the 87m Grant for the Marvel stadium refurb.
Its much lower than that.
The year the AFL purchased the stadium with a loan below.
Liabilities 78m to 291m
Revenue from 569m to 752m
Future fund of 89m now at $0
Net position from 124m to 185m
So NRL will be around the 650m mark not including the new Hotel revenue.
You also left out the part about the NRL investing only 50m of its planned 300m worth of investments.
While the AFL have lifted revenue by investing over 270m in marvel with a loan.
In Time NRL will find investments to the tune of 250m, this will lift NRL revenue considerably.
I stand by what i said, the current comparison is like a mirage and not near 300m gap as PR said.
Revenue from Marvel is much larger than in 2019, 130-140m in revenue from the stadium from all sources.
Once the NRL finds its investments then you will get a clear idea of the revenue of both codes.
At this very moment the revenue talk is a apples vs oranges comparison, once the NRL makes its planned 250m more in investments then it will be a fair comparison.
Like WB said it took the AFL 20 years to build up that position, the NRL built up its position in less than 10 years.
''The NRL reported equity of 201m (187 cash) in 2022. The AFL reported 314m* (178m cash) in 2022.''
The AFL net position is not 314m, that includes the 87m Grant for the Marvel stadium refurb.
Its much lower than that.
The year the AFL purchased the stadium with a loan below.
Liabilities 78m to 291m
Revenue from 569m to 752m
Future fund of 89m now at $0
Net position from 124m to 185m
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