Resource 2015 Annual Reporting Season. -now complete.

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Blues need better on field performances and can quickly turn a 3 mln loss into a 10 mln profit with tight cost control.
 
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DrMike said:
Great work on this. Got a template for it somewhere if you're willing to share? (can PM and I'd suggest putting your handle on it down the bottom too)
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Hows this for you

richmond2006-2015.png
 

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The forecasts at HQ aren't looking rosy for the handout set, guess some of the clubs (those paying equalisation) will just have to pay more unless the handout set take responsibility for themselves:
The AFL has forecast a loss of almost $20 million for next year as the financial woes of the majority of its clubs continues to haunt the competition.

League chief Gillon McLachlan revealed the gloomy outlook for 2016 to club bosses on the eve of last week's national draft, signifying a financial year-to-year downward turnaround estimated at $22 million.
http://www.theage.com.au/afl/afl-warns-of-a-20m-loss-in-2016-20151130-glbvvc.html#ixzz3tGare8pz

Controlled leak by AFL?
 
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Kwality said:
The forecasts at HQ aren't looking rosy for the handout set, guess some of the clubs (those paying equalisation) will just have to pay more unless the handout set take responsibility for themselves:
The AFL has forecast a loss of almost $20 million for next year as the financial woes of the majority of its clubs continues to haunt the competition.

League chief Gillon McLachlan revealed the gloomy outlook for 2016 to club bosses on the eve of last week's national draft, signifying a financial year-to-year downward turnaround estimated at $22 million.
http://www.theage.com.au/afl/afl-warns-of-a-20m-loss-in-2016-20151130-glbvvc.html#ixzz3tGare8pz

Controlled leak by AFL?
Click to expand...

The AFL lost money two years ago as well. Its a minor blip on the overall landscape.
 
Kwality said:
The forecasts at HQ aren't looking rosy for the handout set, guess some of the clubs (those paying equalisation) will just have to pay more unless the handout set take responsibility for themselves:
The AFL has forecast a loss of almost $20 million for next year as the financial woes of the majority of its clubs continues to haunt the competition.

League chief Gillon McLachlan revealed the gloomy outlook for 2016 to club bosses on the eve of last week's national draft, signifying a financial year-to-year downward turnaround estimated at $22 million.
http://www.theage.com.au/afl/afl-warns-of-a-20m-loss-in-2016-20151130-glbvvc.html#ixzz3tGare8pz

Controlled leak by AFL?
Click to expand...

"Controlled leak by AFL?"

More than likely, getting in early with doom and gloom before the clubs and players start putting their hands out for a slice of the $2.5B.
 
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Given the NRL clubs have put their hands up for 130% of their salary cap. I expect a similar push from the clubs who sat back last time and watched the players and new clubs get money thrown at them.

Note: this would push the base club distributions out to about 13 million (without additional assistance) at the start of the new deal.
 
Kwality said:
The forecasts at HQ aren't looking rosy for the handout set, guess some of the clubs (those paying equalisation) will just have to pay more unless the handout set take responsibility for themselves:
The AFL has forecast a loss of almost $20 million for next year as the financial woes of the majority of its clubs continues to haunt the competition.

League chief Gillon McLachlan revealed the gloomy outlook for 2016 to club bosses on the eve of last week's national draft, signifying a financial year-to-year downward turnaround estimated at $22 million.
http://www.theage.com.au/afl/afl-warns-of-a-20m-loss-in-2016-20151130-glbvvc.html#ixzz3tGare8pz

Controlled leak by AFL?
Click to expand...

This is a little disturbing. Do you know if there are any more projections from the AFL? AFL projected distributions to the clubs. Projected revenue....
 
The Darkman said:
This is a little disturbing. Do you know if there are any more projections from the AFL? AFL projected distributions to the clubs. Projected revenue....
Click to expand...

Only thing I know is it was leaked to Caro for a reason.

Gigantor is on the money IMHO when posting above
"Controlled leak by AFL?"
More than likely, getting in early with doom and gloom before the clubs and players start putting their hands out for a slice of the $2.5B.
 

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Kwality said:
Only thing I know is it was leaked to Caro for a reason.

Gigantor is on the money IMHO when posting above
"Controlled leak by AFL?"
More than likely, getting in early with doom and gloom before the clubs and players start putting their hands out for a slice of the $2.5B.
Click to expand...

Well, if it's a leak to Caro, then it definitely has been done as a pre-emptive strike.
 
The Darkman said:
This is a little disturbing. Do you know if there are any more projections from the AFL? AFL projected distributions to the clubs. Projected revenue....
Click to expand...
Not really. The league is turning over more than half a billion a season and has money saved for a rainy day. It has investments in the works and puts a lot of money back in to the game to grow it. Its the commissions first loss in several years & the league owns its self. A few million dollar loss it nothing
 
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Kwality said:
Yep, you only make a loss by spending more than you earn.
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Not necessarily, it depends if its an operating loss or a comprehensive loss - the latter of which includes write downs and write offs. Either way, we'll know for sure when the annual report comes out - bear in mind the loss is forecast for next year, not this year.
 
Port finally have made a profit. No more SANFL grants have finally been covered and the AFL grants are way down on the disaster days of 2011 2012 and 13.

http://www.portadelaidefc.com.au/news/2015-12-04/port-adelaide-announces-first-profit-since-2007
PORT Adelaide chairman David Koch today announced the club had recorded an operating profit of $211,302 for the financial year ending 31 October 2015.

The result represents a year on year improvement of over $2.7 million and, significantly, is the first time Port Adelaide has returned a profit since 2007.
http://www.portadelaidefc.com.au/news/2015-12-04/port-adelaide-announces-first-profit-since-2007
 
Kwality said:
The forecasts at HQ aren't looking rosy for the handout set, guess some of the clubs (those paying equalisation) will just have to pay more unless the handout set take responsibility for themselves:
The AFL has forecast a loss of almost $20 million for next year as the financial woes of the majority of its clubs continues to haunt the competition.

League chief Gillon McLachlan revealed the gloomy outlook for 2016 to club bosses on the eve of last week's national draft, signifying a financial year-to-year downward turnaround estimated at $22 million.
http://www.theage.com.au/afl/afl-warns-of-a-20m-loss-in-2016-20151130-glbvvc.html#ixzz3tGare8pz

Controlled leak by AFL?
Click to expand...
Just like 2000 and 2001 and pre spending the big TV $$$ that came from the 2002-06 TV deals the AFL made $7.2mil and $16.7 mil losses, most of spending went on cranking up the salary cap.

Plus the AFL know both the clubs and the PA will be coming after them for a bigger slice of the pie from the new TV deal starting in 2017. Cash received in 2012-16 deal averages $234 mil per year increasing to $385 mil per year for 2017-22. Showing a loss might be strategic way of telling them to pull their demands in.
 
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The_Wookie said:
Given the NRL clubs have put their hands up for 130% of their salary cap. I expect a similar push from the clubs who sat back last time and watched the players and new clubs get money thrown at them.

Note: this would push the base club distributions out to about 13 million (without additional assistance) at the start of the new deal.
Click to expand...
Depends how you define base distributions and how the NFL do when they give distributions to clubs. As I wrote on the other page

The standard base distribution in 2014 was $7.514m. The salary cap in 2015 went up by $289k as per the initial CBA then an extra $150k for both 2015 and 2016 was announced mid 2014 so the base distribution will go up by this $439k in 2015. The AFL has given every club $1.2mil each year in TV monies for the cash increase that happened for 2007-11 TV deal and they continued that for 2012-16 but for some reason dont call that the base distribution, and you know they will still all get that $1.2mil between 2017-22 TV deal. The extra TV monies for the 2012-16 TV deal each club was guaranteed a distribution of $500k in 2012, $575k in 2013, $650k in 2014, $725k in 2015 and $800k in 2016, the AFL called this an equal future fund component distribution, and the AFL had a disequal future fund component for the extra TV monies in 2012-16.

So in 2015 the true base guaranteed distribution each club gets is really $9.878 mil.

The Salary Cap in 2015 was $10,017,000 so the true base guaranteed distribution covers 98.6% of the salary cap amount in AFL.
 
The_Wookie said:
Given the NRL clubs have put their hands up for 130% of their salary cap. I expect a similar push from the clubs who sat back last time and watched the players and new clubs get money thrown at them.

Note: this would push the base club distributions out to about 13 million (without additional assistance) at the start of the new deal.
Click to expand...
From a RL forum in March 2014 so not sure if this is 2013 or 2014 figures. About 2/3rds of way down page

http://www.thegh.com.au/forum/viewtopic.php?f=2&t=29145&start=210
Currently the NRL grants $7.55m per annum to each club to cover the salary cap of $6.55million. Total cost for this funding for all clubs is around $120.8m per annum
http://www.thegh.com.au/forum/viewtopic.php?f=2&t=29145&start=210
 
The_Wookie said:
Not necessarily, it depends if its an operating loss or a comprehensive loss - the latter of which includes write downs and write offs. Either way, we'll know for sure when the annual report comes out - bear in mind the loss is forecast for next year, not this year.
Click to expand...

a comprehensive loss ... o_O
 
RussellEbertHandball said:
Just like 2000 and 2001 and pre spending the big TV $$$ that came from the 2002-06 TV deals the AFL made $7.2mil and $16.7 mil losses, most of spending went on cranking up the salary cap.

Plus the AFL know both the clubs and the PA will be coming after them for a bigger slice of the pie from the new TV deal starting in 2017. Cash received in 2012-16 deal averages $234 mil per year increasing to $385 mil per year for 2017-22. Showing a loss might be strategic way of telling them to pull their demands in.
Click to expand...

pre spending the big TV $$$ :thumbsu: ... aka spending more than you earn.
 

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Resource 2015 Annual Reporting Season. -now complete.

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