Peter V'landys - New NRL/ARLC Chairman

[Perth Red]

Thats Leagues Club profits

What about Football Club?

The fc made $100k less revenue in 2023 compared to 2022.
its not even profit for the LC, $17mill of it is a cap ex grant from govt,
nrl gave them $19.1mill! up $3.6mill on 2022 grant.

 

[Wb1234]

Its an interesting strategy and one that will either pay off or wont. Locking into 9 years of a higher tv deal whilst we are locked into 5 years of substantially less may pay off for us in long run IF there is massive competition for rights come 2028, or for some other reason sports rights become more valuable.
It could just as easily go the other way of course with a downturn in sports rights for numerous reasons. Its a gamble and one we wont know either way for a few years yet.

Fools rush in where angels fear to tread, or A bird in the hand is worth two in the bush?

The fc made $100k less revenue in 2023 compared to 2022.
its not even profit for the LC, $17mill of it is a cap ex grant from govt,
nrl gave them $19.1mill! up $3.6mill on 2022 grant.

Nrl grant up over 4 million

you can see why the clubs love pvl

 

[Jamberoo]

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Can you please explain why you often post an image of the Lions coach? What is the reference?

 

[BlueandGold]

Inflation killed that afl deal

they would’ve expected the historical 3 percent not 8 percent

100% If inflation is still high going into next NRL deal, the AFL going early will come back to haunt them.

I would argue that inflation has made that 9 year deal irrelevant (mid), only time will tell.

 

[Iamback]

100% If inflation is still high going into next NRL deal, the AFL going early will come back to haunt them.

I would argue that inflation has made that 9 year deal irrelevant (mid), only time will tell.

It is hard because it hasn't started but even the basic 15% taken away from the figure doesn't look good

 

[ayatollah_murdoch]

100% If inflation is still high going into next NRL deal, the AFL going early will come back to haunt them.

I would argue that inflation has made that 9 year deal irrelevant (mid), only time will tell.

That's the risk of going early and long. But NRL cocked up worse with covid concessions and extension (so we're in no position to piss on AFL)

 

[Wb1234]

100% If inflation is still high going into next NRL deal, the AFL going early will come back to haunt them.

I would argue that inflation has made that 9 year deal irrelevant (mid), only time will tell.

Five prevent unexpected inflation over say 6 years means their deal is 30 worse off

they had to offer such a long deal otherwise the dollars on offer were probably going down

inflation is like running downhill it will be easier for pvl to get much bigger annual increases

 

[Wb1234]

That's the risk of going early and long. But NRL cocked up worse with covid concessions and extension (so we're in no position to piss on AFL)

They had the benefit of seeing our error and still messed it up

 

[Iamback]

They had the benefit of seeing our error and still messed it up

Cricket also went later and saw very little improvement.

Too many here on keyboard with no knowledge of the market with views that match their personal thoughts

 

[Iamback]

That's the risk of going early and long. But NRL cocked up worse with covid concessions and extension (so we're in no position to piss on AFL)

See where both are in 2028.

 

[King hit]

Can you please explain why you often post an image of the Lions coach? What is the reference?

Perth Red is an obvious afl fan boy who has a rugby league bad afl good agenda that he shows at all times. He is in denial about Chris Fagan’s racism scandal which the AFL hid under the rug for years. Whenever he goes on his bullshit I remind him of it.

 

[Maximus]

Perth Red is an obvious afl fan boy who has a rugby league bad afl good agenda that he shows at all times. He is in denial about Chris Fagan’s racism scandal which the AFL hid under the rug for years. Whenever he goes on his bullshit I remind him of it.

Aren't you the guy who was a Broncos and QLD fan until they started losing and switched to supporting the Roosters and NSW.

 

[Vee]

Perth Red is an obvious afl fan boy who has a rugby league bad afl good agenda that he shows at all times. He is in denial about Chris Fagan’s racism scandal which the AFL hid under the rug for years. Whenever he goes on his bullshit I remind him of it.

Did anything come of that? I thought it was all "Nothing to see here..."

 

[AlwaysGreen]

I thought afl trolls were confined to the fight club.

 

[Frank Burge]

The fc made $100k less revenue in 2023 compared to 2022.
its not even profit for the LC, $17mill of it is a cap ex grant from govt,
nrl gave them $19.1mill! up $3.6mill on 2022 grant.

I believe the grant is in relation to the $55m COE , will be a nice asset for the club once completed. The revenue was down due to the draw as a number of commercial partners ( myself included) chose not to renew last year because of the Thursday and Friday night allocation of games which the club and the NRL have worked on this year. Also not having a successful season impacted the bottom line I’m sure.

 

[The_Wookie]

Nrl grant up over 4 million

you can see why the clubs love pvl

I wonder how much of that is the clubs actual grant...Its over a million more than South received - Souths reported 18m ( a 2.3m increase on last year.)

 

[T-Boon]

the 2023 financial report isnt out yet. Do you have a crystal ball?
Are you hypothesising the NRl's net asset base has gone up $107million in a year?

Yes it is, but we didn’t let west Australians read it.

 

[Wb1234]

I believe the grant is in relation to the $55m COE , will be a nice asset for the club once completed. The revenue was down due to the draw as a number of commercial partners ( myself included) chose not to renew last year because of the Thursday and Friday night allocation of games which the club and the NRL have worked on this year. Also not having a successful season impacted the bottom line I’m sure.

Who owns the coe? Eels or govt? I heard the eels are renting part of it out too for commercial use

 

[Perth Red]

I wonder how much of that is the clubs actual grant...Its over a million more than South received - Souths reported 18m ( a 2.3m increase on last year.)

I noticed eels got $1.1mill more from NRL than Souths. Is it due to NRLW grant I wonder?

 

[The_Wookie]

See where both are in 2028.

why 2028? This year they both start extensions to the COVID deals. In 2028 the AFL will be halfway through its next deal....