Peter V'landys - New NRL/ARLC Chairman

[Perth Red]

My mistake I was looking at 2021, they’ve actually reduced their loans significantly to $71mill.

 

[Wb1234]

My mistake I was looking at 2021, they’ve actually reduced their loans significantly to $71mill.

View attachment 81256

Total liabilities 440 milllion

guess they don’t intend paying those back just the interest hearing loans

afl house needs a pr spokesman you should be it pr

 

[Maximus]

I’ve read the post by blue and gold

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

I'm not an AFL fan, but I am an accountant so don't need to read someone else's interpretation to understand a financial statement. A loan may be a liability, but a liability isn't always a loan.

To say that the AFL has 450m in debts and the NRL 0 is completely incorrect.

 

[Colk]

I'm not an AFL fan, but I am an accountant so don't need to read someone else's interpretation to understand a financial statement. A loan may be a liability, but a liability isn't always a loan.

To say that the AFL has 450m in debts and the NRL 0 is completely incorrect.

The game is going well but to argue that we are in better financial shape than the fumblers is delusional.

 

[Iamback]

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.

They have more of a history of late night viewing over there. Even still say RL gets 0.1% of the population watching that is 500k.

That is 50% of the what the game pulls here, That is the aim of this USA push. A tiny USA audience is huge numbers given our population.

I don't see anyone here claiming the 340m US population will all start watching though.

 

[Iamback]

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.

What is starting 8am local time in the US?

EPL?

I can't see anyone over there atleast initially getting up speciality for it.

It needs to either be after something or directly before.

To get guys finishing their drinks checking it out or getting up having it on while waiting for something else.

Maybe 2 games and do both ways?

 

[Iamback]

The game is going well but to argue that we are in better financial shape than the fumblers is delusional.

It hard to say. We don't know how much Tas expansion will cost. Nor how much of their TV Deal was for Marvel upgrades.

RL having $200m just collecting interest whilist waiting to invest is huge.

Less liabilties in RL, So really depends what you prefer

 

[Colk]

It hard to say. We don't know how much Tas expansion will cost. Nor how much of their TV Deal was for Marvel upgrades.

RL having $200m just collecting interest whilist waiting to invest is huge.

Less liabilties in RL, So really depends what you prefer

Much rather revenue mate. Their revenue has been a lot higher than ours for a long time. I’d much rather have more money to spend and invest.

Again we are going well so it is not a whinge just putting things into perspective. Also, in reality fumbleball and our sport are so far ahead of everybody else that is just a pissing contest in reality

 

[Maximus]

They have more of a history of late night viewing over there. Even still say RL gets 0.1% of the population watching that is 500k.

That is 50% of the what the game pulls here, That is the aim of this USA push. A tiny USA audience is huge numbers given our population.

I don't see anyone here claiming the 340m US population will all start watching though.

What is starting 8am local time in the US?

EPL?

I can't see anyone over there atleast initially getting up speciality for it.

It needs to either be after something or directly before.

To get guys finishing their drinks checking it out or getting up having it on while waiting for something else.

Maybe 2 games and do both ways?

Most EPL games start between 10 and 12 on the east coast, and they still only average 500k for a sport that is already known and a league with a worldwide reputation.

Premier League draws second-best season yet on U.S. airwaves

www.sportsbusinessjournal.com

 

[Canard]

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

Live sport is still the main draw for 99% of viewers.

You're stoned if you think big money is on offer watching sports on delay.

We have a culture of it here due to our remoteness, but it's not in the US market.

 

[Iamback]

Much rather revenue mate. Their revenue has been a lot higher than ours for a long time. I’d much rather have more money to spend and invest.

Again we are going well so it is not a whinge just putting things into perspective. Also, in reality fumbleball and our sport are so far ahead of everybody else that is just a pissing contest in reality

I'd rather the profit then piss $ against a team in a backwater town like Tasmania. Though RU would love to be in either situation.

We won't see the flow on from Vegas for years, as I said back earlier in the thread there is plenty around the game now with a knowledge of that market.

So I see the sport as being as prepared as it can be and it can really future proof RL moving forward, We lack a big commercial market.

I'd rather US than oil money in the game

I have my doubts like others about PNG next.

That said the ARLC has a former QLD premier and a minister on the commission, They should know more then any of us how viable it is for the govt to fund and how suitable Cairns is.

 

[Iamback]

Most EPL games start between 10 and 12 on the east coast, and they still only average 500k for a sport that is already known and a league with a worldwide reputation.

Premier League draws second-best season yet on U.S. airwaves

www.sportsbusinessjournal.com

Yep. What is that 4% of our population?

If League gets 1/10th of that it doubles the viewers those same games get

 

[Colk]

I'd rather the profit then piss $ against a team in a backwater town like Tasmania. Though RU would love to be in either situation.

We won't see the flow on from Vegas for years, as I said back earlier in the thread there is plenty around the game now with a knowledge of that market.

So I see the sport as being as prepared as it can be and it can really future proof RL moving forward, We lack a big commercial market.

I'd rather US than oil money in the game

I have my doubts like others about PNG next.

That said the ARLC has a former QLD premier and a minister on the commission, They should know more than any of us how viable it is for the govt to fund and how suitable Cairns is.

We are seemingly going to be pissing money away on PNG soon. Neither are a good choice btw.

On the US thing, we are in reality talking generations and the chance of success is not that high - sorry to be realistic. It is essentially the same thing as the fumblers have tried to do in the past and they have failed comprehensively.

 

[Vee]

I'd rather the profit then piss $ against a team in a backwater town like Tasmania. Though RU would love to be in either situation.

We won't see the flow on from Vegas for years, as I said back earlier in the thread there is plenty around the game now with a knowledge of that market.

So I see the sport as being as prepared as it can be and it can really future proof RL moving forward, We lack a big commercial market.

I'd rather US than oil money in the game

I have my doubts like others about PNG next.

That said the ARLC has a former QLD premier and a minister on the commission, They should know more then any of us how viable it is for the govt to fund and how suitable Cairns is.

Please don't take Beattie's word for anything. He's a smiling conman that hoodwinked Qld voters for years. And we're still saddled with his vanity legacies.

 

[Perth Red]

Total liabilities 440 milllion

guess they don’t intend paying those back just the interest hearing loans

afl house needs a pr spokesman you should be it pr

Tell us you dont understand what liabilities are without telling us You dont understand lol

 

[Wb1234]

Tell us you dont understand what liabilities are without telling us You dont understand lol

They are debts you owed to some else

another usage is when I say you are a liability to this forum

 

[Iamback]

We are seemingly going to be pissing money away on PNG soon. Neither are a good choice btw.

On the US thing, we are in reality talking generations and the chance of success is not that high - sorry to be realistic. It is essentially the same thing as the fumblers have tried to do in the past and they have failed comprehensively.

Not really, The NRL funding model is all clubs get the same. So team 18 gets $15m or whatever the grant is at the time, whether it is Perth, PNG or whoever.

Depends what you class as success? I'd see 500k regularly watching, with a semi pro domestic comp as a success.

Which from a population of 340m seems achievable and gets some more money into the RL pool.

 

[Iamback]

Please don't take Beattie's word for anything. He's a smiling conman that hoodwinked Qld voters for years. And we're still saddled with his vanity legacies.

unlike some I don't pretend to be an expert in everything, He would know way more then most on here about that sort of stuff

 

[Maximus]

Not really, The NRL funding model is all clubs get the same. So team 18 gets $15m or whatever the grant is at the time, whether it is Perth, PNG or whoever.

Depends what you class as success? I'd see 500k regularly watching, with a semi pro domestic comp as a success.

Which from a population of 340m seems achievable and gets some more money into the RL pool.

The world's most watched sporting competition has only averaged 500k 3 times in America, and that's with better timeslots and in a sport that they have a reasonably popular professional league.

It is completely delusional to think that that is achievable for the NRL.

 

[The_Wookie]

My mistake I was looking at 2021, they’ve actually reduced their loans significantly to $71mill.

View attachment 81256

These are lease liabilities. see my previous post - i use the Concise Annual Report.