Peter V'landys - New NRL/ARLC Chairman

[Perth Red]

Inside Peter V’landys’ night with Albo and Joe Biden at the White House

While meeting the President of the United States was a personal highlight, the ARLC chairman said a night of serious networking will help deliver a multimillion-dollar windfall for the NRL.

www.smh.com.au

eat Sh*t, Mr....
no
I think this is a good oppo for Rubgy League- what you say Mr dRed

Talk is cheap, come back to me when we've made up the $300mill a year revenue gap and have a national footprint.

Its great to see RL be bold and adventurous for a change, will it work? who knows, bigger sports than ours have tried and stumbled in USA. RL has a long history of getting excited about a new initiative and abandoning it when the going gets a bit tough, lets see if its any different this time.

 

[Wb1234]

Talk is cheap, come back to me when we've made up the $300mill a year revenue gap and have a national footprint.

Its great to see RL be bold and adventurous for a change, will it work? who knows, bigger sports than ours have tried and stumbled in USA. RL has a long history of getting excited about a new initiative and abandoning it when the going gets a bit tough, lets see if its any different this time.

As long as the buses show up we will be fine

 

[Chins get the wins]

Talk is cheap, come back to me when we've made up the $300mill a year revenue gap and have a national footprint.

Its great to see RL be bold and adventurous for a change, will it work? who knows, bigger sports than ours have tried and stumbled in USA. RL has a long history of getting excited about a new initiative and abandoning it when the going gets a bit tough, lets see if its any different this time.

nAtIoNaL fOoTpRiRnT

 

[AlwaysGreen]

Talk is cheap, come back to me when we've made up the $300mill a year revenue gap and have a national footprint.

Its great to see RL be bold and adventurous for a change, will it work? who knows, bigger sports than ours have tried and stumbled in USA. RL has a long history of getting excited about a new initiative and abandoning it when the going gets a bit tough, lets see if its any different this time.

Why would anyone get back to an insignicant afl fan?

 

[Babyface O'reilly]

The People's team can do anything... send them in to sort it out

Because common hatred for Jerome would unite them?

 

[Iamback]

nAtIoNaL fOoTpRiRnT

Pfft who needs Vegas when you have Geelong

 

[Iamback]

Because common hatred for Jerome would unite them?

Yep. The great man unites all, with a mere insta post

 

[Babyface O'reilly]

Yep. The great man unites all, with a mere insta post

I’d like to see him team up with V’landys and troll the AFL

 

[titoelcolombiano]

I personally think it’s a decade too early for america but good luck to pvl for having a crack

imo he should focus on our neck of the woods first and seek to be the dominant football code in aus nz and the pacific islands

once rugby league pathways in png nz and pi are maximised the nrl will be able to sustain a 24 team competition

being the biggest rugby competition in the world brings its own advantages

Yeah I think the initial play is for the cash mate, gambling and if we are lucky some fox sports money, but mostly gambling. That money can get pumped back into Aus, NZ and the Pacific to grow the product and give us a new revenue source. St Peter says he hopes to get it as high as $200m a year which would be huge. And the man pulls it off then great.

 

[Iamback]

I’d like to see him team up with V’landys and troll the AFL

He'd have to stop calling News Limited Journos gronks 1st.

 

[Wb1234]

Yeah I think the initial play is for the cash mate, gambling and if we are lucky some fox sports money, but mostly gambling initially. That money can get pumped back into Aus, NZ and the Pacific to grow the product and us a new revenue source. St Peter says he hopes to get it as hight as $200m a year which would be huge. And the man pulls it off then great.

I don’t see 200 millon pa for a decade and way more marketing than we will be prepared to do

Burnie gurr on twitter makes some good posts about how difficult it is to crack America

if this event can sell out and get some money from Las Vegas tourism plus some sponsorship then I’ll be happy

 

[Wb1234]

He'd have to stop calling News Limited Journos gronks 1st.

So lie ?

 

[docbrown]

A season that effectively runs from February to November.
Clubs based in 9 cities across 3 states, a territory and two countries.
Biggest cumulative TV ratings per season.
Biggest per game TV averages on both FTA and Subscription.
Typically 4 of the top 10 annual TV shows.
19.8k crowd averages.
A sport played at club, state and international level.

Some sports can do better on some of those metrics. No other sport does better on all those metrics.

 

[Canard]

I don’t see 200 millon pa for a decade and way more marketing than we will be prepared to do

Burnie gurr on twitter makes some good posts about how difficult it is to crack America

if this event can sell out and get some money from Las Vegas tourism plus some sponsorship then I’ll be happy

Las Vegas isn't going to pay the NRL you gronk.

 

[BlueandGold]

Talk is cheap, come back to me when we've made up the $300mill a year revenue gap and have a national footprint.

Its great to see RL be bold and adventurous for a change, will it work? who knows, bigger sports than ours have tried and stumbled in USA. RL has a long history of getting excited about a new initiative and abandoning it when the going gets a bit tough, lets see if its any different this time.

AFL investments 250m Marvel stadium, revenue from said investment approximately 140m from attendance and sponsorship.
AFL government grant of 100m for marvel stadium refurb. (2 100m grants over 2022 and 2023)

NRL investments found so far 50m, funds to invest at this very moment 200m

Once the NRL invest all of that money its revenue will lift substantially.

You are nowhere near a 300m lead in revenue.

You are currently in a mirage created in part by a Government Grant which ends in 2023 and investments made with debt.

Current liabilities for the AFL in 2022 was 450m due to Marval stadium purchase and Covid.

 

[Canard]

Unfortunately that pesky time zone issue means the NRL will never be a viable TV product for the US market

 

[mozza91]

A season that effectively runs from February to November.
Clubs based in 9 cities across 3 states, a territory and two countries.
Biggest cumulative TV ratings per season.
Biggest per game TV averages on both FTA and Subscription.
Typically 4 of the top 10 annual TV shows.
19.8k crowd averages.
A sport played at club, state and international level.

Some sports can do better on some of those metrics. No other sport does better on all those metrics.

Those metrics don’t count bro.

All that matters is forcing school kids to fumble a ball to fudge participant numbers and the ability to sweep any and all player scandals under the rug.

 

[Vee]

A season that effectively runs from February to November.
Clubs based in 9 cities across 3 states, a territory and two countries.
Biggest cumulative TV ratings per season.
Biggest per game TV averages on both FTA and Subscription.
Typically 4 of the top 10 annual TV shows.
19.8k crowd averages.
A sport played at club, state and international level.

Some sports can do better on some of those metrics. No other sport does better on all those metrics.

Best leave out the TV deals.

 

[Wb1234]

AFL investments 250m Marvel stadium, revenue from said investment approximately 140m from attendance and sponsorship.
AFL government grant of 100m for marvel stadium refurb. (2 100m grants over 2022 and 2023)

NRL investments found so far 50m, funds to invest at this very moment 200m

Once the NRL invest all of that money its revenue will lift substantially.

You are nowhere near a 300m lead in revenue.

You are currently in a mirage created in part by a Government Grant which ends in 2023 and investments made with debt.

Current liabilities for the AFL in 2022 was 450m due to Marval stadium purchase and Covid.

Fumblers got that stadium cheap

and now have borrowed against much of that equity to prop up covid losses and clubs like the suns and giants

meanwhile in 3 years league has built up a similar net asset position it took the fumblers 20 years to accumulate

you’ve also got the Victorian govt giving fumblers 200 million to upgrade their own privately owned stadium to keep the gf in melb yet people say Cronulla should get nothing as it’s privately owned

 

[The_Wookie]

AFL investments 250m Marvel stadium, revenue from said investment approximately 140m from attendance and sponsorship.
AFL government grant of 100m for marvel stadium refurb. (2 100m grants over 2022 and 2023)

The AFL paid 270m in total for Marvel stadium. The stadium generated more than 70m a year in revenue (2018: 73m, 2019: 79m) before COVID (and in the first COVID affected year generated 30m) - these revenues have not been reported separately since 2020.

The Vic Gov Funding agreement is for 225m from 2018 - not 2 x 100m grants - last year they recieved 87m (13m in 2021). Since 2018, $191m has been paid, $115m spent. They will probably receive the rest this year.

NRL investments found so far 50m, funds to invest at this very moment 200m

Once the NRL invest all of that money its revenue will lift substantially.

You are nowhere near a 300m lead in revenue.

AFL Revenue last year was 944m, take out the government grant for last year and they still took in 857m in revenue. NRL Revenue last year was $593m. The gap was 264m without the Vic Gov grant and will grow this year with the rights increase.

Current liabilities for the AFL in 2022 was 450m due to Marval stadium purchase and Covid.

Most liabilities for the AFL are in the form of trade payables ($170m) and deferred income ($127m - mostly stadium grants) as well as 76m in Lease liabilities - All Interest bearing loans are paid off in the 2022 Annual Report (the AFL paid 90m off external borrowings in 2022) - which means the stadium loan and any COVID debt have now been repaid.

Fumblers got that stadium cheap

Well not really, the nature of the BOOT project (essentially rent to own) meant that higher rent was paid for 17 years as part of the deal before the league bought it for 200m (+70m for the operations company and its assets).

and now have borrowed against much of that equity to prop up covid losses and clubs like the suns and giants

The league took out additional borrowings of 18m in 2020, and none in 2021. The league has no loans or borrowings as of the 2022 Annual Report.

meanwhile in 3 years league has built up a similar net asset position it took the fumblers 20 years to accumulate

The NRL reported equity of 201m (187 cash) in 2022. The AFL reported 314m (178m cash) in 2022.

While the book value of the stadium is down to 147m, the real difference is if the AFL sold the LAND the stadium is on alone it would fetch hundreds of millions of dollars. In 2016 it was estimated a sale of the stadium could fetch $900m-$1.3 billion.