Todd Greenberg stands down

[carcharias]

It creates a perception that the NRL is doling out 500k each and every day throughout the year which people who don't do more than read a headline think "oh wow that's a lot".

The 182m comes from:

• 103.7m in Event, Game & Sponsorship
• 25.7m in Football
• 17.2m in Community & Player Welfare
• 3.8m in Integrity & Salary Cap
• 20.3m in Administration
• 12.7m in Insurance & Finance

The AFL's comparable figure for the same financial year is 329.9m, but I don't see a media outcry about that (nor should there be).

My point is that the m edia reporting these figures with no context or understanding of what they mean creates false perceptions which make it easy to run an agenda.


Club grants were 228m for the year, and that falls under distribution, not expenses.

what the f**k has AFL got to do with it?

 

[betcats]

It creates a perception that the NRL is doling out 500k each and every day throughout the year which people who don't do more than read a headline think "oh wow that's a lot".

The 182m comes from:

• 103.7m in Event, Game & Sponsorship
• 25.7m in Football
• 17.2m in Community & Player Welfare
• 3.8m in Integrity & Salary Cap
• 20.3m in Administration
• 12.7m in Insurance & Finance

The AFL's comparable figure for the same financial year is 329.9m, but I don't see a media outcry about that (nor should there be).

My point is that the m edia reporting these figures with no context or understanding of what they mean creates false perceptions which make it easy to run an agenda.


Club grants were 228m for the year, and that falls under distribution, not expenses.

I understand your point but if you want to work out how much it cost to run the game on a per day basis you average the 182m(or whatever the figure is). Misleading? Perhaps, untrue? Not at all.

 

[Perth Red]

You spent quite a lot of time basing Greenberg but now you seem to like him

Nah, anyone who starts the job with “I’m no visionary” was never going to curry favour with me lol. But you can’t knock him on financial performance which is what he has been crucified on. It’s one of the bits of the business that has been a success. Also it’s fine for us to slate him but media can get fcked as they are massively damaging the game in the process. That’s two CEOs ousted by a bit of media pressure at tv negotiations time, we look absolute amateur as a company.

 

[betcats]

what the f**k has AFL got to do with it?

Other than being a much bigger and better run organisation, not much.

 

[Timmah]

It's not reasonable. Having so little in savings AND no hard property asset is a fundamental failing. The AFL owns AFL HQ as well as a world class stadium. There is no reason why the NRL couldn't have invested proportionally.

And it's accounted for? Yes nobody is saying the money is stashed in Todd's basement. Just that much of it was wasted when a significant chunk should have gone into at least one tangible investment.

If the salary cap was 70% of what it is now the game would lose nothing of quality. Would a few Karmichael Hunt type players go off chasing mercenary bucks? Yep. But they'd be replaced by the next talent waiting in line.

Additonally, the club grants do not need to be higher than the cap. The NRL had its pants pulled down by players as well as by clubs every time it sat down at a negotiating table.

Todd Greenberg is a PR guy. He does not have the head to manage a billion dollar organisation.

What would you have suggested the NRL invest proportionally in? Council owned grounds? State owned facilities?

Most of the issues you've raised seem to be things Grant got wrong in his time as Chairman and while he was acting CEO - inherited stuff. Either way, Greenberg managed to turn three straight deficits into a surplus two years running so he must've done something right.

But I suppose if a News Corp journo says there's "missing millions" then it must be true.


Oh, and 'The AFL owns AFL HQ as well as a world class stadium' - I'm fairly sure AFL House is actually physically attached to that stadium. And they only began owning the venue in the last few years after it was initially majority owned by the 7 Network I believe?

The NRL still managed to secure a loan too - while not as grand in size, it's probably proportionate anyway.

 

[Bring back John Fifita]

500k per day
https://www.google.com/amp/s/amp.sm...-about-to-be-cut-in-half-20200328-p54eu8.html
https://www.google.com/amp/s/amp.sm...-about-to-be-cut-in-half-20200328-p54eu8.html

Thanks mate - gives some perspective.

 

[carcharias]

Other than being a much bigger and better run organisation, not much.

Ha
Apparently a much better run organisation

 

[Timmah]

what the f**k has AFL got to do with it?

Nothing directly, the point is to show a comprable organisation's similar statistic to illustrate that the figure isn't as salubrious and unreasonable as sections of the media want you to believe.

 

[King hit]

Other than being a much bigger and better run organisation, not much.

Yeah their long ignorance of blatant racism, crowd violence and misogyny is so professional

 

[Bring back John Fifita]

If you are actually entertaining the idea he left of his own accord you are fairly delusional.

Last person I'm gonna accept a sanity check from is a smart arse on a forum.

 

[Perth Red]

I understand your point but if you want to work out how much it cost to run the game on a per day basis you average the 182m(or whatever the figure is). Misleading? Perhaps, untrue? Not at all.

well if you wanted to be true you’d take over all expenditure and divide it by 52 which is actually $9.6million a week!

they used this combination of expenditure areas to make it sound like that is the nrl admin cost, which is an outright lie and put out there to make Greenberg look bad.

 

[Bring back John Fifita]

Well obviously they have just taken total expenditures, averaged it out across 365 days and used to vague rhetorical “head office spends” to trick the average dickhead into imagining it is all spend of salaries and perks.

Neat little media trick.

Its a very neat number - bang on half a million.

 

[carcharias]

Nothing directly, the point is to show a comprable organisation's similar statistic to illustrate that the figure isn't as salubrious and unreasonable as sections of the media want you to believe.

Nothing
Exactly

 

[Perth Red]

It's not reasonable. Having so little in savings AND no hard property asset is a fundamental failing. The AFL owns AFL HQ as well as a world class stadium. There is no reason why the NRL couldn't have invested proportionally.

And it's accounted for? Yes nobody is saying the money is stashed in Todd's basement. Just that much of it was wasted when a significant chunk should have gone into at least one tangible investment.

If the salary cap was 70% of what it is now the game would lose nothing of quality. Would a few Karmichael Hunt type players go off chasing mercenary bucks? Yep. But they'd be replaced by the next talent waiting in line.

Additonally, the club grants do not need to be higher than the cap. The NRL had its pants pulled down by players as well as by clubs every time it sat down at a negotiating table.

Todd Greenberg is a PR guy. He does not have the head to manage a billion dollar organisation.

afl has had to borrow significantly to buy marvel and still owes $100million on it. Probably lwhy they need such a big line of credit. They also got it a knock down price from the Vic govt. I’m guessing if nsw govt offered bankwest or allianz to nrl for an equally knock down price they’d jump at it!

 

[t-ba]

Greenberg was f**king shithouse.

However, V'Landys is a spiv and worse than Greenberg.

Dark times...

 

[King hit]

Nah, anyone who starts the job with “I’m no visionary” was never going to curry favour with me lol. But you can’t knock him on financial performance which is what he has been crucified on. It’s one of the bits of the business that has been a success. Also it’s fine for us to slate him but media can get fcked as they are massively damaging the game in the process. That’s two CEOs ousted by a bit of media pressure at tv negotiations time, we look absolute amateur as a company.

Media bias and control over who they want is disgraceful. I remember their blatant bias towards Abbott during the 2013 election and how Gallop became ceo because of his news connections. It’s because they were mates with Murdoch.

 

[mongoose]

wonder if the media are hammering the Virgin CEO now that they've gone into administration, what were they even doing with all their profits??

 

[Perth Red]

Its a very neat number - bang on half a million.

they couldnt even get that right! The figure they’ve come up with is actually $348k a week! Journos are some dumb shts!

 

[Timmah]

I understand your point but if you want to work out how much it cost to run the game on a per day basis you average the 182m(or whatever the figure is). Misleading? Perhaps, untrue? Not at all.

The fact it's misleading is my point.

 

[Bring back John Fifita]

If you're giving 16 clubs grants of $13m each, that's $208m right there.

Cheers mate.

It seems like a lot of business I know and some I used to be a part of. In a business crisis, and currently right now due to the world pandemic - the Finance Directors are running the show, as opposed to the usual management heads. Many of the CEO's for companies and clients I used to work with are from a finance background, especially over the last 5 years. Some are good, but like many in finance, are not as in touch with the human element and actual dynamics and fabric of a business. Wouldn't surprise if the NRL follows suit with an FD into the new CEO role. If they do - hopefully they have a great feel for the sport.