Peter V'landys - New NRL/ARLC Chairman

[Mother Nature's Son]

Why would they ?

Wouldn`t surprise me if it does though, another underhand tactic to boost the overall revenue figure.

 

[Wb1234]

Wouldn`t surprise me if it does though, another underhand tactic to boost the overall revenue figure.

The giants and suns post their own financials separately

But yeh in general their figures are dodgy af

 

[Trifili13]

If the AFL or NRL control an entity that runs a club, I would think that they have to show it as part of consolidation in their financials under accounting standards, much like a parent and a subsidiary. Any accountants on here can confirm or if someone has access to the AFL financials they would show if any clubs they own are consolidated.

People on here thinking the AFL is doing it to boost revenue are crazy. They would also have to show the losses those clubs are likely making as well. You can't just show revenue without the expenses associated it it. It's like you can't only show assets and not any liabilities associated with that asset on a balance sheet.

 

[Trifili13]

The giants and suns post their own financials separately

But yeh in general their figures are dodgy af

So are you saying they are committing a criminal offence by presenting dodgy audited financial statements?

 

[Perth Red]

If the AFL or NRL control an entity that runs a club, I would think that they have to show it as part of consolidation in their financials under accounting standards, much like a parent and a subsidiary. Any accountants on here can confirm or if someone has access to the AFL financials they would show if any clubs they own are consolidated.

People on here thinking the AFL is doing it to boost revenue are crazy. They would also have to show the losses those clubs are likely making as well. You can't just show revenue without the expenses associated it it. It's like you can't only show assets and not any liabilities associated with that asset on a balance sheet.

Yeh thats what I was wondering. As entities of the AFL do the swans, Suns etc revenue and expenses sit in the consolidated revenue and expenses lines of the AFL report?
NRL gets an instant $30-40mill boost to revenue if it includes a Perth Bears revenue.

 

[Chimp]

Yeh thats what I was wondering. As entities of the AFL do the swans, Suns etc revenue and expenses sit in the consolidated revenue and expenses lines of the AFL report?
NRL gets an instant $30-40mill boost to revenue if it includes a Perth Bears revenue.

Revenue alone isn’t that attractive, as others have said, they’d also need to include their costs/liabilities.
Profit and Margin % are more important than revenue. My assumption would be that PVL would only want Perth Bears as an NRL asset if he’s confident they’ll not only return a profit, but at a margin % that doesn’t dilute the overall NRL margin %, and that doesn’t include risk. Don’t forget, one of the main reasons the clubs now make a profit, is the NRL funding - so it’s not as simple as just looking at clubs typical returns. You’d need the clubs to turn a profit without NRL funding for it to be truly viable.

 

[Mother Nature's Son]

Don’t forget, one of the main reasons the clubs now make a profit, is the NRL funding - so it’s not as simple as just looking at clubs typical returns. You’d need the clubs to turn a profit without NRL funding for it to be truly viable.

The clubs generate the money that the NRL make, so effectively it is theirs, it is just being distributed through a central body.

 

[Trifili13]

The clubs generate the money that the NRL make, so effectively it is theirs, it is just being distributed through a central body.

Agree, if you took away the NRL funding I don't think any club makes a profit. You have to include it. It's just the business model where the central body receives the tv money and distributes it to the clubs.

 

[SirPies&Beers]

No.1 sport in Australia & the Pacific: 'A lot to be proud of'

Rugby League has reaffirmed its standing as the No.1 sporting code in Australia and the Pacific after record breaking attendances, viewership, participation, revenue and assets.

www.nrl.com

 

[SirPies&Beers]

Record participation reinforces foundations for future success

The NRL annual report for 2024 reveals that participation numbers across the game rose 20% YOY to 1.03 million.

www.nrl.com

 

[i0Nic]

Eat that AFL

 

[Wb1234]

No.1 sport in Australia & the Pacific: 'A lot to be proud of'

Rugby League has reaffirmed its standing as the No.1 sporting code in Australia and the Pacific after record breaking attendances, viewership, participation, revenue and assets.

www.nrl.com

Afl aiming for Tasmania whilst nrl is pushing into the pacific and Las Vegas

 

[SirPies&Beers]

'Greatest game for all': NRL smashes revenue records

'Never been stronger'

www.nine.com.au

MSN

NRL announces $62.3m surplus as rugby league stakes ‘indisputable’ claim to be No 1 sport

The NRL is revelling in a record-breaking 2024 season, which it says is the most lucrative in the game’s history in Australia

www.theguardian.com

https://www.theaustralian.com.au/breaking-news/rugby-league-revenue-hit-news-records-with-a-monster-profit-and-the-best-ever-attendances-in-2024/news-story/dcbf100ad4c0e6479c233353e4e58b6c

Rugby League revenue hit news records with a monster profit and the best ever attendances in 2024​

1 hours ago

Impending expansion could help lift annual NRL revenue close to $1billion after the league announced 2024 was the most successful in the game’s 117-year history.

The Australian Rugby League Commission revealed an operating surplus of $62.3 million, the fourth consecutive surplus with the four year total hitting more than $226.5 million.

Total revenue increased by $43.7 million to a new record of $744.9 million and ARLC Chairman Peter V’landys AM said it was clear that Rugby League was entering an exciting phase of new growth.

That will include the introduction of a new team in PNG as soon as 2028 and a possible 19th team in Perth.

As teams settled in to Las Vegas for the third year of the NRL’s season-start in the USA, the figures were confirmed at the ARLC’s Annual General Meeting with V’Landys declaring rugby league was the “No.1” sport in the country.

“With more girls, boys, women and men watching, attending and playing our game than ever before, Rugby League is indisputably the number one sport in Australia and the Pacific,” V’Landys said.

Australian Rugby League Commission Chairman Peter V'landys is all smiles. (Photo by Mark Metcalfe/Getty Images)
“Financially the game has never been stronger. This is the fourth consecutive year we’ve reported a very healthy surplus, allowing us to maximise the opportunity for reinvestment in the game,” Mr V’landys said.

“Our continued focus on running an efficient organisation and diversifying our assets has meant we’ve been able to increase support for Clubs and States and invest more than ever into the grassroots. This is on top of record payments to players.

“After a record-breaking kick-off to the season in Las Vegas, Rugby League was again the most watched sport in the country and attendances across the season were the highest on record. The women’s game continues to forge ahead in leaps and bounds and the international game is flourishing on the back of a highly successful Pacific Championships.”

The footprint of rugby league continues to grow with viewership across all formats of the game in Australia and New Zealand surpassing 200 million for the first time.

It marked an 8.6 per cent increase from 184.7 million in 2023 and 133.2 million in 2018.
NRL CEO Andrew Abdo said there was room for more growth from the game.

“We are extremely proud of the 2024 results with revenue growth, record fan interest, new assets, well-funded and successful NRL Clubs and State Leagues and a booming participation ecosystem setting us up for a bigger and better 2025,” Mr Abdo said.

Players from 17 NRL clubs at the season launch. Picture: Rohan Kelly
“With Club Licencing and State Funding Agreements secured, the Commission will continue its focus on key growth areas including investment in grassroots and income-generating assets as well as supporting the game’s strategy in the Pacific.

“We are looking forward to working together with the Members and our loyal partners across the game to continue growing the number one sport in Australia and the Pacific by delivering an even bolder season kick-off in Las Vegas, an expanded women’s game with a 12-team NRLW competition, and building the largest sporting community via touch, tackle, tag and new recreational formats.”

 

[Pippen94]

Big news day for NRL for so reason

 

[SirPies&Beers]

Record-breaking season set to fuel further NRLW growth

Australian Rugby League Commission chairman Peter V'landys has outlined the organisation's plan to expand the NRLW competition on the back of record participation and viewership numbers in 2024.

www.nrl.com

V'landys: 'Rugby League is in the best financial position the game has ever been in'

ARLC Chairman Peter V'landys reflects on the position Rugby League is in after the release of the 2024 NRL Annual Report

www.nrl.com

ARLC Annual General Meeting

The Australian Rugby League Commission (ARLC) has today held its Annual General Meeting, declaring 2024 the most successful in the game’s 117-year history with more people watching, attending and playing Rugby League than ever before.

www.nrl.com

The numbers you need to know out of the 2024 NRL Annual Report

Bronte Gioiello takes us through some key numbers out of the 2024 NRL Annual Report

www.nrl.com

Abdo reflects on the successes of 2024

Andrew Abdo sits down with NRL.com to discuss a hugely successful 2024 for Rugby League which saw it cement its spot as the number one sport in Australia and the Pacific

www.nrl.com

2025 and beyond: Abdo outlines key focus areas

Andrew Abdo sits down with NRL.com to discuss a hugely successful 2024 for Rugby League which saw it cement its spot as the number one sport in Australia and the Pacific

www.nrl.com

 

[ayatollah_murdoch]

Why would they ?

And why would the nrl need to do that to boost revenue but reduce profit

They are separate entities just like leagues club and football clubs are

Accounting requires you to consolidate the entities you control. So if they own 100% of clubs, it's a valid question if the club revenues are also included in AFL revenue.

 

[Pippen94]

Record-breaking season set to fuel further NRLW growth

Australian Rugby League Commission chairman Peter V'landys has outlined the organisation's plan to expand the NRLW competition on the back of record participation and viewership numbers in 2024.

www.nrl.com

V'landys: 'Rugby League is in the best financial position the game has ever been in'

ARLC Chairman Peter V'landys reflects on the position Rugby League is in after the release of the 2024 NRL Annual Report

www.nrl.com

ARLC Annual General Meeting

The Australian Rugby League Commission (ARLC) has today held its Annual General Meeting, declaring 2024 the most successful in the game’s 117-year history with more people watching, attending and playing Rugby League than ever before.

www.nrl.com

The numbers you need to know out of the 2024 NRL Annual Report

Bronte Gioiello takes us through some key numbers out of the 2024 NRL Annual Report

www.nrl.com

Abdo reflects on the successes of 2024

Andrew Abdo sits down with NRL.com to discuss a hugely successful 2024 for Rugby League which saw it cement its spot as the number one sport in Australia and the Pacific

www.nrl.com

2025 and beyond: Abdo outlines key focus areas

Andrew Abdo sits down with NRL.com to discuss a hugely successful 2024 for Rugby League which saw it cement its spot as the number one sport in Australia and the Pacific

www.nrl.com

What's behind all this being released today?!

 

[i0Nic]

What's behind all this being released today?!

I would think partly because they want to lead with NRL being Australia’s #1 sport as marketing for Vegas across all channels. Expect there to be a lot of Americans landing on nrl socials.

Key players, coaches, influencers whoever they’ve tapped to promote the game during Vegas will be talking about how NRL / rugby league is Australia’s number 1 sport.

 

[i0Nic]

And it’s a great story coming up to the start of the season in general as part of building momentum and hype.

 

[i0Nic]

NRL number 1!