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We saw all areas of the club display great flexibility and agility in making significant changes to the way we operate. We are rapt, Pert told News Corp when asked about this years profit. Of the $36 million the AFL has taken from all clubs, more than $26 million will be re-allocated to 14 of the 18 clubs, on a needs basis - a move that has already drawn the ire of Richmond, Collingwood, Hawthorn, the Eagles and Essendon. The net operating profit of $1,282,346 for 2021 was a dramatic improvement on the break-even result achieved in 2020 of $34,639. But TV audiences stayed solid, rising 15 per centin the chaos of the pandemic compared with 2019. Attributable to the results were as following: Sponsorship and advertising revenues $11.7m compared to the $10.1m in the prior year. The once cash-strapped Kangaroos now have money in the bank and a locked-in future at their traditional Arden St home base after posting a 13th profit from the last 14 seasons, despite a second year of Covid interruptions. (The Suns joined in 2011 and are paid extra to manage Metricon Stadium for the AFL). Register in seconds and access exclusive features. 2020 Annual Report. Distributions increased $117.0 million through increases in club and AFL Players Association distributions; these were reduced in 2020 to offset lower revenue and increased costs of running the mens Toyota Premiership season and returned toward pre-COVID levels in 2021. As such, sporting codes will have to plan from A to Z. Of this year's crop of key position players, the premier tall is Sam Darcy, who stands at 204cm and looms as a future star. St Kilda, which has been easily the greatest recipient of AFL funding of Victorian clubs over the previous four years - topping $20 million in 2017, 2018 and 2019 - will also have their funding reduced compared to the already reduced 2021 outlay. COVID-19, spreadingat a rapid pace, caused shutdowns overmanysectorsand impactedmost lives. That collective strength is what defines the Richmond Football Club and why I think we have so much to look forward to. If we can grow our membership and build big blockbuster crowds at the MCG because we are playing good footy against the best teams, there is no reason why we cant be even financially stronger. It is also essential to the northern market teams, albeit the Swans need much less help than the Lions, Suns or Giants. New president Luke Sayers said he was confident the momentum gained with the sweeping changes and positive financial result would continue into next season. GWS, thus, is expected to get a small boost in funding, while the Bulldogs who rank only behind the Saints among Victorian clubs for extra funding will have their funding chopped. 1 st in group. May 13, 2021 9.19am Normal text size Larger text size Very large text size The AFL's richest clubs have failed in their bid to have the football department soft cap significantly increased for the 2022 season. Our people inside the Club and out refuse to bend, let alone be broken. A report from The Age shows the league's variable funding of clubs from 2012 to 2021, with a huge $100 million gap between the top (GWS) and bottom club (Collingwood). The focus remains on the rebuild and strengthening of the industry balance sheet that will enable future investment in the growth and development of our game from grassroots through to the elite platforms. In the past, the AFL fully funded the player payments. In a statement on the club funding differences, an AFL spokesman said: We have a club funding model that is integral to the competitive balance of the competition and supports the notion of any given Sunday, and clubs get different levels of funding depending on their individual circumstances.. However, the prospects of future outbreaks, and related shutdowns, still loom onthe horizon. The 2021 total is 12 per cent growth on 2020. AFL. Profit from the additional features of your individual account. Stories of football department staff taking on jobs in other industries are rife, as are tales of staff left in the lurch. Clubs, of course, tailor their spending to their revenue and so the figures are largely a demonstration of funding differences rather than a reflection of what would happen. Presented by Ford. Despite a cut of about an eighth of TV broadcasting revenue in 2020, the cash that came from the media helped the code survive the dark night. Sign up for the Real Footy newsletter. Despite the COVID-19 restrictions and disappointing on-field results throughout the season, the Blues grew their membership base, up 21 per cent to 81,302, a record-high for a sixth consecutive year. This year, we experienced the largest aggregate growth in membership of any club in the AFL, Essendon CEO Xavier Campbell said. Western Bulldogs great Luke Darcy tells Sarah Olle the one piece of wellbeing advice he'd give to his younger self, The Demons v Tigers clash at Casey Fields, Brodie Grundy and Max Gawn silence early doubters as they combine for six goals against Richmond, Lachie Hunter gets on the scoreboard following a skillful finish from a tough angle, Grundy, Gawn cause headaches for Richmond and other clubs preparing to face Melbourne this year, Aaron Naughton booted four goals as the Western Bulldogs made short work of North Melbourne, GWS stars at their best but there was plenty to take from the performances of Gold Coast youngsters, Watch Richmond's press conference after their practice match against Melbourne, Watch Melbourne's press conference after their practice match against Richmond, Just where Sam Darcy plays for the Western Bulldogs this year remains unclear. DAFP is also one of 5 Texas regional organizations in the Alliance of Texas Treasury . Statista. Ironically, as we get to the end of the second year of the pandemic, the club is in the best financial position it has been in its history, Pert said. Club president Ben Buckley and chief executive Ben Amarfio will make the announcement at a special media conference at Arden Street on Friday morning. While it's often easy to think of professional sport being rife with cash, that often doesn't trickle down to the lower-paid staff supporting the on-field product. (AAP: Scott Barbour) The government's rollout of JobKeeper helped reduce the level of cuts, with clubs accessing around $70-80m collectively from the scheme. Nationwide News Pty Ltd 2023. The AFL would not respond to specific questions about clubs and their funding. The Sydney Swans Football Club has announced a statutory net profit of $54,598 for the year ended 31 October 2021. AFL players agreed to take a 50 per cent pay cut in the wake of the coronavirus pandemic. In, Australian Football League. Show publisher information Watch Geelong's press conference after week two's practice match against Brisbane. West Coasts casualty ward looks set to increase with Josh Rotham sent for scans on a forearm injury, writes MARK DUFFIELD. The new Tasmanian club needs to be positioned to thrive from the start and long into the future, not set up to fail. We achieve this through Treasury Education, Relationship Building, Regional Collaboration and Community Development. As a Premium user you get access to background information and details about the release of this statistic. As the 2021 year played out, our operating expenditure continued to increase due to the costs of accommodating our clubs throughout the season, some who were on the road for months on end. These allocations in 2021 boosted the expansion teams funding to an aggregate of more than $400 million over the 10 years that both teams have been in the AFL. Our sponsors have also stood firm with us during another difficult year. Voya Financial's (VOYA) Q4 results reflect higher investment income in Wealth Solutions and the benefit of the Allianz Global Investors transaction in Investment Management. Grand finalists Melbourne and the Western Bulldogs are set to have their overall funding reduced - both clubs having stronger balance sheets than ever before, having enjoyed on-field success and sold their pokie venues for excellent prices, the Demons selling the Bentleigh Club for $23.7 million this year. Then you can access your favorite statistics via the star in the header. But, in keeping with the clubs famous Shinboner Spirit, the Kangaroos have spectacularly defied the doomsayers to not only get themselves out of debt, but also maintain their own identity and footprint in the suburb that gave them birth. Mandalay Baseball and the Braves proposed to bring the franchise to town if Wilmington would build a $37 million, 6,000-seat stadium, necessitating a 2.5-cent property tax increase. Get a Leaderboard Chart for AFL? Tanner Bruhn showed a glimpse of his talent in a great showing against the Lions in Geelong's final practice match of the pre season. Collingwoods annual general meeting for the 2021 season was held on December 16 resulting in the appointment of Jeff Browne as their new president. Many new members signed on after the end of the AFL cut-off period, despite knowing they couldnt even attend matches. Sign up for the Real Footy newsletter. The summary shows that in 2021, AFL clubs paid a total of $233.9 million in player payments, before deductions allowed for injury allowances, veterans' list payments, finals incentives and other reasons, increasing 37.53 per cent from the 2020 figure of $170.0 million. There is more agitation between traditional clubs about differences in funding. Daily Weekly. This operating result has contributed to the Club declaring a statutory net profit position of $20,257,029 for the year ended 31 October 2021 - inclusive of government grants and philanthropic contributions towards the IKON Park Redevelopment, which has now surpassed 50 per cent completion. To the Federal and respective State and Territory Governments, along with the Chief Health Officers, your continued leadership and guidance played the most significant part in us being able to complete both our AFLW and AFL seasons and, on behalf of the entire football community, we are very grateful for that continued supportand the tireless efforts of all front-line and essential workers.In yet another pandemic-affected year AFL revenue increased by $63.3 million, however this increase was offset by the costs associated with the return to the standard club funding model, distributions relating to obligations under the collective bargaining agreement and the additional costs to operate the season under the relevant covid restrictions. Some reduced salaries uniformly; others cut the salaries of the better-off harder. Financially powerful clubs Collingwood, Richmond, Hawthorn and West Coast will receive only the guaranteed minimum of $8 million per club in 2022, a reduction of $2 million on this years allocation, under the AFLs new funding model. To use individual functions (e.g., mark statistics as favourites, set Amarfio told the Herald Sun last year that the Kangaroos had made it a priority to become debt-free, after finishing 2020 only $400,000 left in arrears. We will need to be if we want to have the money to invest in our footy department and in our facilities for the good of the football program. The effects of COVID-19 can be seen in club annual reports. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. FY 2021 (PDF, 381KB) HOT Report - FY 2020 . The Bombers released their annual report on Wednesday and revealed they had signed 81,998 members for the 2021 season as well as announcing the completion of their $50 million Hangar facility. The Bulldogs have announced they have completed the financial year, ending October 31, with a total statutory profit of $6.47 million. Greenwood will reunite with Kangaroos senior coach David Noble, with whom he worked at. AFL earnings call for the period ending March 31, 2021. . In January Carlton revealed it had eliminated its remaining $4 million of historical debt ensuring the club was debt free for the first time since 1996. In adopting a new funding model that reduced the base amount for clubs from $10 million to$8 million, the AFL has singled out those four wealthy clubs to lose all the $2 million per club that the league has put in a pot for redistribution. Some astute financial management from Amarfio and past chief executives Eugene Arocca and Carl Dilena across the past 10 years, much-needed sponsorship dollars and an ongoing commitment of the clubs loyal members, especially through the pandemic, helped to turn the tide. $85k-$100k base salary. These facilities were extinguished in 2021 following the continued focus on managing the overall cost base and driving revenue growth, while delivering the season safely in a pandemic environment,Mr Auld said. The total payments to AFL Executives equated to $9.8 million, compared to $7.0 million in 2020, and $10.4 million in 2019. The DAFP is the professional association of choice for individuals in Treasury and Financial careers in Dallas and surrounding areas. It operates through the followings segments: Aflac Japan and Aflac United States (U.S.). Roos is currently in Hawaii, but he was able to come to terms with the club this week and played a big role in helping to guide the coaching staff this year. AFL Clubs Adelaide Crows Brisbane Carlton Collingwood Essendon Fremantle Geelong Gold Coast Suns GWS Giants Hawthorn Melbourne North Melbourne . The AFL view is that the greatly reduced football department costs (the soft cap is still more than $3 million below the 2019 total of $9.7 million) means the rich clubs have been more profitable in 2021 and can afford the funding cuts. The AFL has today forwarded its 2021 financial results to the Presidents and Chairs of the 18 clubs, in the lead-up to next months Annual General Meeting. (March 7, 2022). West Coast Eagles have fallen from first place to seventh on the AFL's revenue ladder from 2019 to 2020, with a 56.5 per cent decline in revenue given crowd restrictions in Perth last year. The Demons have no debt and cash reserves of $9.6 million, while the sale of the Bentleigh Club land asset will yield $23.7 million next year, which will be put into a Future Fund to safeguard the clubs long-term financial future. Despite the increase, 2021 revenue was $55.8 million less than 2019, reflecting the ongoing impact of covid restrictions nationally. National cabinet encourages wearing masks to combat COVID-19. 2017 Annual Report. All the while the Kangaroos have continued to invest in football programs and facilities at their base in recent years, and will continue to do so. The clubs that think that theyve probably sacrificed too much already will want something else. Richmond President Peggy ONeal said the Clubs financial position was the result of a collective effort to keep the Club strong during challenging times. Battle lines between clubs are expected to be drawn when the AFL reviews the 2022 funding. Melbourne had 54,493 members this year, and plans to boost that to 65,000 next year with a view of having 75,000 members by 2023. In a funding table that reveals remarkable and growing differences in allocations to clubs, the Saints were clearly the most subsidised of the Victorian clubs, obtaining close to $17 million more than the next Melbourne club, the Western Bulldogs, in variable funding over the decade to 2021. It has been a significant achievement to turnaround a heavy financial loss incurred in 2020, to post a profit in 2021 while clearing all debts to the AFL, Sydney Swans CEO Tom Harley said. As a result, we remain financially stable, strongly connected to our stakeholders, and important contributors to the broader community. The Fremantle Football Club has posted a 2021 operating profit of $1.55 million, seeing a turnaround of more than $2.5 million after posting a loss of $1.07 million for 2020. A new stadium that players want to play at, coaches want to coach at, accommodating 5,000 AFL fans travelling from interstate locations each week, with a fan experience they are accustomed to, would underpin the success of the club. AFL earnings call for the period ending September 30, 2021. Essendon listed net assets of $49m for 2021 compared to $40.8 million in 2020, received $7m in donations and grants that resulted in a statutory profit of $8.2 million and said it would now turn its attention towards redeveloping the iconic Windy Hill precinct. The club increased its membership base by 6000 from 2020 with more than 82,000 Pies fans making up the club support base through its AFL, AFLW and netball programs. The loss of $2 million each to the first four of those four clubs means that, in effect, as one source from a wealthy club pointed out, there will be a gap exceeding $6 million each year between what the AFL provides to the richer clubs and the total player payments (TPP). Yes, we have won a premiership and thats given us a $2 million injection that has allowed us to announce a profit (this year), but without the members keeping their memberships and without the sponsors staying on, we wouldnt be in this position.. This is a combination of a commitment as set out in the current CBA agreement plus an allocation of overperformance of industry football-related revenue against the 2021 forecast although AFL revenue for the year was still $55 million below 2019. The extent of what is effectively taxation of the richer clubs is a sore point for some powerful clubs. When coronavirushit the league, each club was affected in different ways. $29.5 million on the administration of the 2021 mens and womens season, including travel costs to relocate clubs impacted by state border restrictions and administer Covid-19 testing protocols; $53.0 million to Game Development; an increase of $21.0 millionin line with increased activity at Community level nationally through 2021; $18.5 million in running the NAB AFL Womens competition; $23.0 million to infrastructure comprising of elite and community facilities and contributions for stadia redevelopments; and. We have survived the most challenging two years in the games history and while we know the next 12 months will continue to surprise and test us, our priority remains to keep our game as affordable and accessible as possible for all. In 2020 and 2021, the AFL covered travel costs for teams impacted by state border restrictions. But the club has emerged from two compromised seasons debt free. North Melbourne has also been able to lock in coaching great Paul Roos for another season as a mentor and leadership consultant to the coaching group. Are you interested in testing our business solutions? The club recorded a standard operating profit of $2,308,667 prior to the inclusion of $2,254,069 of expenses relating to the Swans HQ development at the Royal Hall of Industries (tender costs, rent and depreciation). statistic alerts) please log in with your personal account. "Revenue of The Australian Football League (Afl) in Australia from 2012 to 2021 (in Million Australian Dollars). In a statement, Geelong said it was focused on identifying new opportunities to substitute gaming revenues to ensure a sustainable operating model into the future, including expanding its investment in the health and fitness and hospitality industries. You can only download this statistic as a Premium user. The redistribution from rich to poor over the decade and especially figures from 2017 to 2020 that counts one year of the pandemic also raises questions about the sustainability of the financial model in the eyes of some clubs, given the large number of teams that rely on the AFL to remain in the black or to manage debt. It showed that West Coast, who made a monstrous profit after the 2018 flag, would have an aggregate profit of over $32 million ($8 million plus per year) without variable funding, and that under the same scenario the top six clubs would have averaged more than $3 million in profits, but that only eight clubs would be in the black. to incorporate the statistic into your presentation at any time. Pert said the Demons had sold almost four years worth of merchandise in the month leading up to and after the clubs 2021 premiership success. The expansion teams have consistently been funded to the tune of more than $20 million, covering their player payments and most of the soft cap, over the past several years, except for the COVID-curtailed 2020, when AFL revenue shrank. We were pleased to see crowds back at both the MCG and UTAS Stadium this year and we look forward to this happening more in 2022, he said. At the personal level, the crisis was tough on those working within football as clubs were forced by policy to cut over a third of all spending from their off-field football budgets. We have wiped, I think, over $9 million of debt in the last decade. The news caps off a great week for North Melbourne following on from the signing of experienced midfielder Hugh Greenwood after a Gold Coast list miscalculation backfired. The Saints on Friday announced the club had recorded $3.6 million profit for the year which, including facility funding revenue, interest and depreciation, totalled a $12.8 million statutory profit. Were working to restore it. Use Ask Statista Research Service, Number of gym and fitness centers in Australia FY 2016-2021, Number of sports participants in Australia 2022, by type of sports, Number of NRL club members Australia 2023, by club, Share of people visiting gyms, fitness clubs, sports centers Australia 2022, by age. So which ones are best? This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. In 1927, then-rich Carlton made 5,700 pounds or about $470,000 in 2020 dollars. 2016 Annual Report. A paid subscription is required for full access. Essendon president Paul Brasher said the AFLs removal of $2 million from certain clubs for 2022 was done on the basis that a working group would review it. Essendon tackled Richmond at Perth Stadium for the Sir Doug Nicholls Round after the game was moved to Darwin in 2020. The stakes to rebuild the game now are much higher, and an opportunity presents itself to shape the future financial direction of the game. AFL sources said the larger allocation to the Tigers reflected their far weaker position earlier in the 2010s, when they carried a sizeable debt and did not have anything like their present day membership or income. See how every player fared, and all the key stats, from every practice match, including Saturdays mid-price showcase. The AFL spent almost $30 million on COVID-19 related costs in 2021, taking it to a combined $76 million during the past two seasons. Please create an employee account to be able to mark statistics as favorites. That fall wasn't distributed equally and neither was the ability to commensurately cut costs. We have an administration driven by purpose and care and it shows. Financial powerhouse clubs take $8 million hit from AFL. You need a Statista Account for unlimited access. The 2021 result includes a commitment to the AFLPA for a share of revenues captured over the 2017-2021 seasons. Hybrid remote in Dallas, TX 75261. Please try again later. 2021 Annual Report. Most of all, I want to thank our members and supporters for their passion and commitment to their Clubs and everyone who watched the games and supported us collectively across both the NAB AFL Womens Competition and the Toyota AFL Premiership Season.Total AFL Club membership reached an all-time record1,113,441members in 2021. AFL clubs ranked 1 to 18 on revenue for 2017 sees Richmond move up but four teams still ahead of them. North Melbourne, who have faced constant financial pressures and talk about relocation to their second home in Tasmania, ranked only sixth in variable funding, surprisingly trailing not only GWS, Gold Coast and the Lions (in that order), but the Saints and Bulldogs, despite the Dogs 2016 premiership and superior balance sheet.