The Case for Adelaide.....

[Perth Red]

$9m of that $13m grant has to be spent on player salaries. So while $13m + $11m = $24m, only $15m can be spent on the football department.

This is a club that only opens three of Robina Stadium's stands to the public because they cannot afford to open the fourth. If my memory is correct, they don't make money from their home games because their crowds aren't big enough to cover stadium rental fees.

We don't know how many tickets they're giving away for free. There's often more support at their games for the opposing team than the Titans. It's really sad.

only $15mill on football? lol. The football dept cap is $4.5million.

 

[Perth Red]

Cowboys must include pokie revenue surely? No way they bring in $30mill plus on their crowds and memberships. reality is most football operations are bringing in around $10-15mill from merch, memberships, ticket sales and corporate sales.
Here’s a more accurate look at what football operations are generating as examples of the true picture

Bulldogs
NRL grant $13.2million
Sponsors and box sales $7.2million
Memberships and gate sales $2.3million
Merchandise $1million
Total $23.8million
https://www.bulldogs.com.au/siteassets/documents/2018-annual-report_vfinal.pdf

Sharks
NRL grant $13.5million
Sponsors and box sales $6.1million
Memberships and gate sales/match day earnings $3.1million
Merchandise $1.6million
Total $24.3million
https://sharkies.com.au/wp-content/uploads/2019/02/Annual-Report-2018_LOW-RES.pdf

Eels
Nrl grant $12.4million
Sponsors and box sales $6million
Memberships and gate sales/match day earnings $2.8million
Merchandise $700,000
Total $21.9million
https://www.parraleagues.com.au/content/uploads/2019/01/PARRALEAGUES_Annual-Report-2018_WEB.pdf

Panthers
Nrl grant $13.4million
Sponsors and box sales $7.5million
Memberships and gate sales/match day earnings$2.2million
Merchandise $1.4million
Total $24.5million
https://issuu.com/pantherspenrith8/docs/final_prlc/2?ff

Broncos
Nrl grant $13.4million
Sponsors and box sales $14.5million
Memberships and gate sales/match day earnings $17million
Merchandise $2.7million
Total $47.6million
https://www.broncos.com.au/contenta...ee7024/190220-bbl2018fullyearannouncement.pdf

 

[Get Rid of The Donkeys]

Cowboys must include pokie revenue surely?

Nope. The Cowboys Leagues club operates under a different name.

BRISBANE BRONCOS LEAGUES CLUB LIMITED has 76 employees at this location and generates $7.96 million in sales (USD).

Key Principal
GENE WILLIAM MILES

Incorporated
1988

Website
www.broncosclub.com.au

https://www.dnb.com/business-direct...limited.9e3c2044ea546a1d6e81cfb28ac4d83d.html

COWBOYS LEAGUES CLUB LIMITED has 135 employees at this location and generates $36.71 million in sales (USD).

Key Principal
JOSEPH WILLIAM CAREY

Incorporated
1994

Website
www.cowboysleagues.com.au

https://www.dnb.com/business-direct...limited.4d3ee09785e6531109712b41e5f80978.html

 

[greenBV4]

Nope. The Cowboys Leagues club operates under a different name.

They may be including grants from the leagues club to the football club as revenue?

 

[Perth Red]

There is absolutely no way the cowboys are bringing in a total revenue of $43mill a year lol looks to me like some of those figures your quoting include the nrl grant and LC top Uo and some don’t, different way of accounting at different clubs I suspect.

 

[Get Rid of The Donkeys]

only $15mill on football? lol. The football dept cap is $4.5million.

Clubs will have a handbrake applied to spending in the form of a cut to the football department cap. Currently, the figure is $6.17 million a year, although that is expected to drop to about $5 million. The decrease should make clubs think twice before committing to coaches on lucrative long-term deals that are rarely completed.

https://www.smh.com.au/sport/nrl/we...shes-costs-by-80m-a-year-20200829-p55qh9.html
​

There is a football department cap, but clubs can overspend, provided they're willing to pay a tax on the amount they exceeded it.

In addition, clubs who exceed the football department salary cap will be liable for a 37 per cent luxury tax on the amount they have overspent.

https://www.nrl.com/news/2018/02/05/winning-starts-monday-nrl-coaches-get-extra-job-security/
​

Clubs who can afford to overspend and pay the luxury tax will do so if it gives them an on field benefit.

There's no limit to what teams can spend on infrastructure that gives their players better preparation for games.

However, capital expenditure is exempt to encourage clubs to invest in high-performance facilities or centres of excellence.

https://www.nrl.com/news/2018/02/05/winning-starts-monday-nrl-coaches-get-extra-job-security/​

 

[Perth Red]

Just looked at their annual report and cowboys football club had a revenue of $22mill inc LC grant, plus the nrl grant of $13.5 mill aus.

 

[Get Rid of The Donkeys]

Just looked at their annual report and cowboys football club had a revenue of $22mill inc LC grant, plus the nrl grant of $13.5 mill aus.

Did you get that from the 2019 Annual Report on cowboysleagues.com.au?

Are you basing that on revenue from Match Day, Licencing Grant and Other Revenue?

When I added the three together I got $26,316,673.

 

[Perth Red]

2019 Annual report
If you take off the revenue of the parent company (The LC) and the consolidated revenue (LC and FC/Holdings Pty Ltd operations), minus the NRL grant, it gives you their FC generated revenue of $21.96million (or $16.6mill US if you prefer). In there is a further $5.9mill which is probably LC grant and Holdings company revenue.
So in essence the FC is only generating around $16million in FC operations revenue in 2019. You would expect this to increase with the new stadium opportunities post covid.

FC revenue area breakdown is:
Corporate and merch sales $9.1mill
Match day sales $6.9mill (memberships, gate sales and food)

Then
Other revenue (presumably largely made up of LC grant and Holdings company revenue) $5.9mill
NRL Grant $13.55mill

Looking at the numbers Id suggest the cowboys football club operates on a budget of around $31.5mill ($16mill revenue+$13.55mill grant+$2mill LC grant) which would put them in the top half of expenditure imo.

Interesting to see the Cowboys are carrying debt of $16.3million in loans.

https://cowboysleagues.com.au/wp-content/uploads/2020/02/CLC-Annual-Report-2019-WEB-1.pdf

 

[Get Rid of The Donkeys]

2019 Annual report
If you take off the revenue of the parent company (The LC) and the consolidated revenue (LC and FC/Holdings Pty Ltd operations), minus the NRL grant, it gives you their FC generated revenue of $21.96million (or $16.6mill US if you prefer). In there is a further $5.9mill which is probably LC grant and Holdings company revenue.
So in essence the FC is only generating around $16million in FC operations revenue in 2019. You would expect this to increase with the new stadium opportunities post covid.

FC revenue area breakdown is:
Corporate and merch sales $9.1mill
Match day sales $6.9mill (memberships, gate sales and food)

Then
Other revenue (presumably largely made up of LC grant and Holdings company revenue) $5.9mill
NRL Grant $13.55mill

Looking at the numbers Id suggest the cowboys football club operates on a budget of around $31.5mill ($16mill revenue+$13.55mill grant+$2mill LC grant) which would put them in the top half of expenditure imo.

Interesting to see the Cowboys are carrying debt of $16.3million in loans.

https://cowboysleagues.com.au/wp-content/uploads/2020/02/CLC-Annual-Report-2019-WEB-1.pdf

Thank you.

 

[mongoose]

Wonder which club makes the most revenue all up, would laugh if it was the Raiders.

I guess its hard to quantify clubs with rich private owners... does Russell Crowe's personal wealth count as revenue for Souths?

 

[Perth Red]

Wonder which club makes the most revenue all up, would laugh if it was the Raiders.

I guess its hard to quantify clubs with rich private owners... does Russell Crowe's personal wealth count as revenue for Souths?

yeh how do you draw a line between all the companies under some clubs umbrellas? That’s why it’s important to try and understand how the football club is operating and then secondary for those reliant on pokies how the LC is travelling. Lots of clubs now seem to be investing in property as a secondary revenue and asset source.

 

[Get Rid of The Donkeys]

Wonder which club makes the most revenue all up, would laugh if it was the Raiders.

I guess its hard to quantify clubs with rich private owners... does Russell Crowe's personal wealth count as revenue for Souths?

When I added up all the companies listed under the Broncos banner on DNB the total was $122m.

Raiders have been incredibly smart and are doing very well. A well run club.

Back on topic, I think any team from Adelaide and Perth will need to buy prime real estate and develop it into a hotel or social club of some kind, regardless of whether it has pokies.

Pirates could have a social club or two, one licenced with grog from South Africa, England and New Zealand and meals from those cultures to draw in the expatriates. Throw in XXXX and Tooheys for Queenslanders and New South Welshmen. Have a big room with pool tables, snooker tables and darts. Set up some arrangement with the local pool, snooker and darts organisations to make the club their home. Put a nice restaurant in there and a big screen for people to watch the Pirates play, especially when they're away on the east coast. The unlicensed social club can have an arcade, child care centre, a bakery, a lolly shop, a playground for little kids with a massive pirate ship for them to play on and a team shop selling club merchandise.

Perth has to be added before Adelaide. It's earnt that right through its higher participation numbers. A Perth team has the advantage of recruiting players it has developed, plus ones that have come through the WA Rugby/Force system. Taking local players from the Force would be a huge public relations blow to RU and a get square for all the players the ARU poached 20 years ago.

 

[MugaB]

When I added up all the companies listed under the Broncos banner on DNB the total was $122m.

Raiders have been incredibly smart and are doing very well. A well run club.

Back on topic, I think any team from Adelaide and Perth will need to buy prime real estate and develop it into a hotel or social club of some kind, regardless of whether it has pokies.

Pirates could have a social club or two, one licenced with grog from South Africa, England and New Zealand and meals from those cultures to draw in the expatriates. Throw in XXXX and Tooheys for Queenslanders and New South Welshmen. Have a big room with pool tables, snooker tables and darts. Set up some arrangement with the local pool, snooker and darts organisations to make the club their home. Put a nice restaurant in there and a big screen for people to watch the Pirates play, especially when they're away on the east coast. The unlicensed social club can have an arcade, child care centre, a bakery, a lolly shop, a playground for little kids with a massive pirate ship for them to play on and a team shop selling club merchandise.

Perth has to be added before Adelaide. It's earnt that right through its higher participation numbers. A Perth team has the advantage of recruiting players it has developed, plus ones that have come through the WA Rugby/Force system. Taking local players from the Force would be a huge public relations blow to RU and a get square for all the players the ARU poached 20 years ago.

You'll end up pissing off the most wealthiest tycoon in WA if you lockhorns with Union/Force, would just be easier to port them over into the NRL as the Western Force, as is! Swan logo, black, blue, Gold, twiggy can sip champas with rusty when they vs the bunnies

 

[mongoose]

When I added up all the companies listed under the Broncos banner on DNB the total was $122m.

Raiders have been incredibly smart and are doing very well. A well run club.

Back on topic, I think any team from Adelaide and Perth will need to buy prime real estate and develop it into a hotel or social club of some kind, regardless of whether it has pokies.

Pirates could have a social club or two, one licenced with grog from South Africa, England and New Zealand and meals from those cultures to draw in the expatriates. Throw in XXXX and Tooheys for Queenslanders and New South Welshmen. Have a big room with pool tables, snooker tables and darts. Set up some arrangement with the local pool, snooker and darts organisations to make the club their home. Put a nice restaurant in there and a big screen for people to watch the Pirates play, especially when they're away on the east coast. The unlicensed social club can have an arcade, child care centre, a bakery, a lolly shop, a playground for little kids with a massive pirate ship for them to play on and a team shop selling club merchandise.

Perth has to be added before Adelaide. It's earnt that right through its higher participation numbers. A Perth team has the advantage of recruiting players it has developed, plus ones that have come through the WA Rugby/Force system. Taking local players from the Force would be a huge public relations blow to RU and a get square for all the players the ARU poached 20 years ago.

They could buy sports clubs in NSW/QLD that have pokies if they really needed to just like how the Raiders own a club in Toowoomba.

 

[Get Rid of The Donkeys]

You'll end up pissing off the most wealthiest tycoon in WA if you lockhorns with Union/Force, would just be easier to port them over into the NRL as the Western Force, as is! Swan logo, black, blue, Gold, twiggy can sip champas with rusty when they vs the bunnies

Anything that pisses off Twitty Forrest is fine by me.

 

[Get Rid of The Donkeys]

They could buy sports clubs in NSW/QLD that have pokies if they really needed to just like how the Raiders own a club in Toowoomba.

Yes, that's an option. Maybe work out some sort of deal with Rockhampton Leagues Club in exchange for one game a year to be played at Browne Park after it has been upgraded.

 

[Perth Red]

When I added up all the companies listed under the Broncos banner on DNB the total was $122m.

Raiders have been incredibly smart and are doing very well. A well run club.

Back on topic, I think any team from Adelaide and Perth will need to buy prime real estate and develop it into a hotel or social club of some kind, regardless of whether it has pokies.

Pirates could have a social club or two, one licenced with grog from South Africa, England and New Zealand and meals from those cultures to draw in the expatriates. Throw in XXXX and Tooheys for Queenslanders and New South Welshmen. Have a big room with pool tables, snooker tables and darts. Set up some arrangement with the local pool, snooker and darts organisations to make the club their home. Put a nice restaurant in there and a big screen for people to watch the Pirates play, especially when they're away on the east coast. The unlicensed social club can have an arcade, child care centre, a bakery, a lolly shop, a playground for little kids with a massive pirate ship for them to play on and a team shop selling club merchandise.

Perth has to be added before Adelaide. It's earnt that right through its higher participation numbers. A Perth team has the advantage of recruiting players it has developed, plus ones that have come through the WA Rugby/Force system. Taking local players from the Force would be a huge public relations blow to RU and a get square for all the players the ARU poached 20 years ago.

Not much money in pubs anymore. Ideally they would build up an investment fund and eventually have enough to build a revenue creating asset base. That takes time, or very deep pockets! As long as the club starts off viable and with enough money to do a good job in building fanbase and attracting corporates (partly through on field performance) then it will be bale to build and build. You have to remember many of the entities we are talking about have been around for 35-100 years. You cant expect a club to do that from year one. With NRL support to ensure the club operates well and has some money left over to build an investment fund then it can work, but it takes commitment and willingness to invest, just like AFL are doing.

 

[Bring back John Fifita]

Would appear the Rams aren't completely dead after all..

 

[Bring back John Fifita]