Media Carlton in the Media (articles, podcasts etc) - Part IV

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Massive profit: Loss of AFL funds marks Carlton’s return as an AFL powerhouse

For the first time since the expansion of the competition to 18 teams, Carlton will receive no additional funding from the AFL next year, on the back of a massive profit.

The Blues will soon announce an anticipated cash profit of about $8 million – earnings before depreciation and amortisation – which will be reduced to $3 million once the depreciation and amortisation of nearly $5 million (such as capital works) are deducted, according to a club source speaking off record before the figures are official.
Carlton and competition sources have confirmed the massive turnaround in Carlton’s financial position will make it one of five AFL clubs that receive zero in what is called “variable funding.”
 

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Media Carlton in the Media (articles, podcasts etc) - Part IV

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