The Educator
All Australian
- Jan 23, 2023
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- AFL Club
- Gold Coast
Fascinating. We often wow the likes of West Coast and others generating around $100M in revenue. Then a club like Penrith generate $152M. Gaming and the Panthers Club etc. however, Richmond generate $30M of its revenue from Ardent Leisure. Horses for course. It certainly intrigues and puts a microscope on how much revenue clubs need, the margins they generate on non operating revenue in the context of supporting their footy operations.
It really isn't a like-for-like comparison. League's clubs are mini casinos with the football club as effectively a controlled entity by the casino / "leagues club". You can't look at the Leagues club's turnover and say "wow, that's a big football club" like you clearly can do with West Coasts turnover
Richmond's "Ardent leisure" operation might turn over a bit of revenue and there are a handful of clubs that still have relative (to NSW Leagues clubs) small pokies operations, but it is not the same thing.
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