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Peter V'landys - New NRL/ARLC Chairman

Perth Red

Post Whore
Messages
69,549
Excellent financial result. Still way behind AFL in revenue but good to see significant growth. Good to hear Vlandys rhetoric on expansion, lets see if it becomes reality now, Ive heard it a lot of times in last 15 years.
 

Perth Red

Post Whore
Messages
69,549
And there it is! Took longer than expected

The profit difference?
I was enjoying reading everyone's fascination with me lol

sport is a not for profit situation, by all means build an asset base for rainy days but not at the expense of grassroots funding.
 

Iamback

Referee
Messages
20,297
I was enjoying reading everyone's fascination with me lol

sport is a not for profit situation, by all means build an asset base for rainy days but not at the expense of grassroots funding.

Grassroots funding has gone up, Well it is planned to when QRL and NSWRL get out of the way

AFL $90m
NRL $82m

Now work that as % of revenue
 

Vlad59

Bench
Messages
4,048
Being not for profit doesnt mean staff dont get well paid lol
It’s an act of good faith and ethics not to overpay staff $millions in a not for profit. Accumulating assets to ensue a secure future for the organisation is one thing. Pocketing it and boasting about it is another.
 

Perth Red

Post Whore
Messages
69,549
Grassroots funding has gone up, Well it is planned to when QRL and NSWRL get out of the way

AFL $90m
NRL $82m

Now work that as % of revenue
its still lagging behind 5 years ago, and the announcement for future commitment barely reaches the 2019 level. Add your love for inflation on that and how we travelling?

As you mentioned them AFL has just announced a guaranteed $1bill over 9 years to grassroots funding.
 

Wb1234

Immortal
Messages
33,651
Excellent financial result. Still way behind AFL in revenue but good to see significant growth. Good to hear Vlandys rhetoric on expansion, let’s see if it becomes reality now, Ive heard it a lot of times in last 15 years.
280 million net assets whilst funding clubs at 5 million over the cap

half the afl clubs don’t even get funding over their cap
 

Perth Red

Post Whore
Messages
69,549
It’s an act of good faith and ethics not to overpay staff $millions in a not for profit. Accumulating assets to ensue a secure future for the organisation is one thing. Pocketing it and boasting about it is another.
Meanwhile back in the real world where you are trying to attract the very best to help grow the business........
 

Perth Red

Post Whore
Messages
69,549
280 million net assets whilst funding clubs at 5 million over the cap

half the afl clubs don’t even get funding over their cap
You're funny, for years you've slated AFL for funding clubs large amounts, now NRL is doing it you think its best thing ever. :)
 

Wb1234

Immortal
Messages
33,651
You're funny, for years you've slated AFL for funding clubs large amounts, now NRL is doing it you think its best thing ever. :)
Certain afl clubs get funded very well

the rest don’t

every rugby league club is funded well

the afl can’t afford to fund its club like ours are

they would go broke
 

Perth Red

Post Whore
Messages
69,549
Certain afl clubs get funded very well

the rest don’t

every rugby league club is funded well

the afl can’t afford to fund its club like ours are

they would go broke
Actually if you took all their club funding and avgd it out per club its pretty much on par with where NRl is at now (AFL $18.7mill in 2022, NRL $18mill in 2023). There isnt much difference in total amount, just they have a different model, giving to those who earn less rather than everyone gets the same.
 

Vlad59

Bench
Messages
4,048
Meanwhile back in the real world where you are trying to attract the very best to help grow the business........
if you don’t want to be accused of being an afl lackey then stop behaving like one. The NRL has done an amazing job building its asset base, regrowing its participation funding and cutting back head office expenditure. That is honourable and a huge achievement. Vlandys and Abdo have done a great job. The money being ploughed into junior development as a % of income is substantial and higher than the afls. And we’ve done as a not for profit without paying our CEO and other staff millions of dollars. Stand up for the game for once mate.
 

Wb1234

Immortal
Messages
33,651
Actually if you took all their club funding and avgd it out per club its pretty much on par with where NRl is at now (AFL $18.7mill in 2022, NRL $18mill in 2023). There isnt much difference in total amount, just they have a different model, giving to those who earn less rather than everyone gets the same.
Because both sports have the same salary cap

lmao
 

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