Peter V'landys - New NRL/ARLC Chairman

[Perth Red]

I dont think time zones are so Important these days, other than for gamblers lol.
With streaming you can follow on catch up so easy now. I follow nfl and never watch a game live now I have kayo. same with usa F1 races. u

 

[Perth Red]

Including govt grants as revenue is kind of desperate

it would be like nrl clubs including poker machine turnover In their figures

the fact is in three years vlandys has built up the same net assets as afl over 40 years (way back to when they owned Waverley)

afl is literally copying his ideas revenue generation with their magic round

Of course it’s revenue. It’s being used directly to fund asset improvement for the sport. Just like the grants nrl gets for various activities It conducts for rugby league.

not close, marvel isn’t worth $250mill. its real value is 3 to 4 times that. Put that real value on the asset sheet and how do they look in comparison?

yeh, and surprise surprise they are doing it and earning a sht load more money for it than we get!

 

[Perth Red]

You are saying no one will be at a Sports bar until Midnight on a Sat night?

How much value do you think that adds for fox to a bar subscription?

 

[Colk]

Golden State v Kings starts in an hour. That game will go to 4pm our time.

The aim would be to get games on Fox Sports 1 on a Sat night and get people at a sports bar, Kind of like how the EPL works here.

I often see people hanging around after the NRL finishes to watch the EPL. That sort of stuff is possible but the majority of games of course won't be seen

I am aware of that. Nevertheless there is not a big audience in people watching sport post 11pm or midnight.

Comparing us with EPL is a little bit silly too. That competition and sport has built a worldwide following over a number of years.

This is not a whinge (as some people who want to give people a reality check are characterised as doing) I’m just suggesting that on the balance of probability this is not likely to be massively successful and thus imploring people to think a little bit more soberly.

 

[Wb1234]

Of course it’s revenue. It’s being used directly to fund asset improvement for the sport. Just like the grants nrl gets for various activities It conducts for rugby league.

not close, marvel isn’t worth $250mill. its real value is 3 to 4 times that. Put that real value on the asset sheet and how do they look in comparison?

yeh, and surprise surprise they are doing it and earning a sht load more money for it than we get!

It’s not ongoing revenue

ok from now on we include the hundreds of millions in revenue from nrl leagues club to be fair

should add another 500 million in revenue

why is afl accumulating or paying off debts when we are debt free ?

suns or gws perhaps ?

 

[Valheru]

You are saying no one will be at a Sports bar until Midnight on a Sat night?

No

I'm saying our time slots don't really work in America. It is just the way it is.

Probably the best chance of penetration we have is our later games (8PM) on the east Coast which would be 6AM local.

 

[Maximus]

This is not a whinge (as some people who want to give people a reality check are characterised as doing) I’m just suggesting that on the balance of probability this is not likely to be massively successful and thus imploring people to think a little bit more soberly.

If you don't declare that the NRL will be successful with everything they do, you are a whinger.

 

[Perth Red]

It’s not ongoing revenue

ok from now on we include the hundreds of millions in revenue from nrl leagues club to be fair

should add another 500 million in revenue

why is afl accumulating or paying off debts when we are debt free ?

suns or gws perhaps ?

what? The marvel grant is increasing the value of the asset and the revenue it can generate, grants by their nature are not ongoing lol if nrl received a govt grant to build something sure. Or like they already do of they receive a grant spend on rugby league activities such as taking origin to perth.

wtf you on about? If league clubs were giving all their money to the nrl for spending on the game then yeh sure, but they aren’t they actually spend a tiny amount of their revenue on their own rugby league area, so it’s totally irrelevant. it’d be Like saying the rugby union should include twiggy forests revenue as he owns the Force. One of your dumbest right there lol

eh? Because they have borrowed $200mill to buy an asset worth $1bill That retains a healthy revenue every year and directly benefits their clubs. It’s like the perfect investment when you think about it.

 

[Wb1234]

what? The marvel grant is increasing the value of the asset and the revenue it can generate, grants by their nature are not ongoing lol if nrl received a govt grant to build something sure. Or like they already do of they receive a grant spend on rugby league activities such as taking origin to perth.

wtf you on about? If league clubs were giving all their money to the nrl for spending on the game then yeh sure, but they aren’t they actually spend a tiny amount of their revenue on their own rugby league area, so it’s totally irrelevant. it’d be Like saying the rugby union should include twiggy forests revenue as he owns the Force. One of your dumbest right there lol

eh? Because they have borrowed $200mill to buy an asset worth $1bill That retains a healthy revenue every year and directly benefits their clubs. It’s like the perfect investment when you think about it.

They have debts of 450 you loon

and another 30 million of their assets are loans made to afl clubs that can’t afford to pay them back

why does afl have so much debt and we are debt free ?

since covid the codes net asset position has switched around

paying 60 million pa for clubs with 5k paying fans is a recipe for disaster

 

[taste2taste]

Edit, wrong thread.

 

[Perth Red]

They have debts of 450 you loon

and another 30 million of their assets are loans made to afl clubs that can’t afford to pay them back

why does afl have so much debt and we are debt free ?

since covid the codes net asset position has switched around

paying 60 million pa for clubs with 5k paying fans is a recipe for disaster

You really shouldnt comment on stuff you dont undertand, it makes you look very stupid! Liabilities are not all debt.
They are actually carrying $164,787,000 in loans.

Why? Because they borrowed $250mill to buy a $1billion money making asset, sure they could have bought some $20mill hotels out of surplus and had no debt I suppose lol

not when you can afford to invest in expansion it isn’t.

 

[siv]

I’m in New York atm and it is a quarter to nine Friday night (11:45 am Sydnry time)

So a 8pm game kicks off at 5am

By the time season is in full swing there is a 2h timezone swing between the US and Oz

Which way does that move?

 

[Maximus]

why is afl accumulating or paying off debts when we are debt free ?

They have debts of 450 you loon

Why are you using total liabilities for one vs loans for the other?

 

[Perth Red]

Why are you using total liabilities for one vs loans for the other?

Because he’s an idiot who can’t read a financial report lol

 

[Wb1234]

You really shouldnt comment on stuff you dont undertand, it makes you look very stupid! Liabilities are not all debt.
They are actually carrying $164,787,000 in loans.

Why? Because they borrowed $250mill to buy a $1billion money making asset, sure they could have bought some $20mill hotels out of surplus and had no debt I suppose lol

not when you can afford to invest in expansion it isn’t.

Read the link to afl financials and the analysis by the parra fan

If you are going to defend afl at least do it without resorting to bs

 

[Maximus]

So a 8pm game kicks off at 5am

By the time season is in full swing there is a 2h timezone swing between the US and Oz

Which way does that move?

It'd be 6am.

 

[Perth Red]

Read the link to afl financials and the analysis by the parra fan

If you are going to defend afl at least do it without resorting to bs

Read the afl annual report Ffs. It’s clearly a line in liabilities that identifies loans and borrowings.

Do you understand not all liabilities are loans? Learn that first then come and have an informed conversation.

 

[Wb1234]

Read the afl annual report Ffs. It’s clearly a line in liabilities that identifies loans and borrowings.

Do you understand not all liabilities are loans? Learn that first then come and have an informed conversation.

I’ve read the post by blue and gold

As ususal anytime an afl fan talks about their finances they talk bs

 

[Perth Red]

I’ve read the post by blue and gold

As ususal anytime an afl fan talks about their finances they talk bs

Go back to telling us why nrl should include club pokie den revenue in their accounts, you made more sense then lol

 

[Wb1234]

Go back to telling us why nrl should include club pokie den revenue in their accounts, you made more sense then lol

Judging the revenue gap by including government grants to make a poor point