Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
AFLW 2024 - Round 10 - Chat, game threads, injury lists, team lineups and more.
I took it to mean the record at Port. No chance of Boak taking Boomer's 432.he will have to play over 450 given Pendlebury has played almost 370 and doesnt look like hes slowing down
You’ve focused on the revenue side a lot. What about the expenditures side? They spend pretty much what they earn do they not?It's complete horsecrap that the AFL is a 'not for profit' and therefore pays zero tax.
The game is a multibillion dollar beacon for corporate interests and it's disgusting that they don't pay tax like the rest of us do.
(except for collingwood supporters of course)
Not only that- they go even further and con state and federal governments into paying hundreds of millions of dollars of OUR taxes into building and rebuilding stadiums for them to make squillions out of in advertising and broadcast deals (which are funded by advertising).
(In case you missed it- state and federal taxpayers are funding 615 million of the 715 million for the new tassie stadium )
And where does a massive amount of the leagues revenue come from?
Gambling and alcohol advertising.
You know- that stuff that routinely ruins lives and communities?
It's a racket that would make al capone blush.
To recap:
1. They pay zero tax, as if they are some incredible benevolent charity who exist for no reason but to make our society a much better place, while selflessly sacrificing all their time and energy for the greater good. :/
2. They rely on handouts from taxpayers to pay for the stadiums they use to generate billions in revenue. Again, revenue they don't pay a cent in tax on.
3. The billions in revenue is in large part (through either direct advertising sales or indirectly via advertising the broadcast partners sell) from corporate industries who make a large chunk of their money off human misery- gambling and alcohol companies.
The league triple screws our society by paying zero tax, leeching money from actual taxpayers and supercharging the profits of companies whose core products are designed and marketed to be destructively addictive.
But we get "Roaming Brian" in return and some chubby kids playing Auskick... so it's supposed to be all square?
Pfft. Not by a long shot.
It's time they started paying tax like all the other massive corporations who are in it to enrich themselves first and foremost.
You’ve focused on the revenue side a lot. What about the expenditures side? They spend pretty much what they earn do they not?
For instance- I'm sure there are more recent figures, but this will do for now:
In 2018, the 12 person AFL executive were paid an average of $900k each.
1950 start on a Friday night needs to go asap. It's 2200 hours before the fourth quarter starts. I need to have coffee to stay awake half the time.
These individuals then pay tax on that $900k which for all intents and purposes is at a higher rate than company tax rate of 30%.......(less the negative gearing on there 50 rental properties they own each etc)
Which of these criteria does it not meet:It's complete horsecrap that the AFL is a 'not for profit' and therefore pays zero tax.
The game is a multibillion dollar beacon for corporate interests and it's disgusting that they don't pay tax like the rest of us do.
(except for collingwood supporters of course)
Not only that- they go even further and con state and federal governments into paying hundreds of millions of dollars of OUR taxes into building and rebuilding stadiums for them to make squillions out of in advertising and broadcast deals (which are funded by advertising).
(In case you missed it- state and federal taxpayers are funding 615 million of the 715 million for the new tassie stadium )
And where does a massive amount of the leagues revenue come from?
Gambling and alcohol advertising.
You know- that stuff that routinely ruins lives and communities?
It's a racket that would make al capone blush.
To recap:
1. They pay zero tax, as if they are some incredible benevolent charity who exist for no reason but to make our society a much better place, while selflessly sacrificing all their time and energy for the greater good. :/
2. They rely on handouts from taxpayers to pay for the stadiums they use to generate billions in revenue. Again, revenue they don't pay a cent in tax on.
3. The billions in revenue is in large part (through either direct advertising sales or indirectly via advertising the broadcast partners sell) from corporate industries who make a large chunk of their money off human misery- gambling and alcohol companies.
The league triple screws our society by paying zero tax, leeching money from actual taxpayers and supercharging the profits of companies whose core products are designed and marketed to be destructively addictive.
But we get "Roaming Brian" in return and some chubby kids playing Auskick... so it's supposed to be all square?
Pfft. Not by a long shot.
It's time they started paying tax like all the other massive corporations who are in it to enrich themselves first and foremost.
Lol- the point is that they pay zero company tax.
The hundreds of millions they save in that doing that is chicken feed compared with the few extra cents the government get in income tax.
Especially after as you say- Gil and his mates pay nowhere near the headline income taxrate after some 'creative' accounting.
Which of these criteria does it not meet:
Your sporting organisation will be exempt from income tax, and can self-assess its exemption, if it is not a charity and meets all of the following requirements:
it is a not-for-profit society, association or club
it is established for the purpose of encouragement of either
a game or sport
animal racing
it meets one of the 3 following tests
physical presence in Australia test
deductible gift recipient (DGR) test
prescribed by law test
it applies its income and assets solely for the purpose for which it is established.
If it is taxed who is going to pay for that? the public?Ummm im not saying they don't meet the law (from 1936).
Im saying the law from 1936 is the thing that needs changing.
I'm saying the law from 1936 was designed to give little tax breaks to little amateur associations to encourage them to invest in local communities.
The law from 1936 has no limits on size of association etc that it applies to because in 1936 it was inconcievable that a sporting association could be a billion dollar corporation.
The AFL in 2023 looks far more like a massive corporation than a sporting organisation which exists solely to 'encourage sporting participation'.
The 1936 law which gives them their tax exempt status should be changed to exclude associations which generate more than ~500million in annual revenue.
It's insane that the AFL can generate nearly a billion dollars a year in revenue, and not pay a cent in tax.
based on this rationale, im a non-profit entity. maybe i should stop paying tax.Yes as a 'not for profit' they have to spend every spare dollar that they make (ie their profit)
Revenue - expenses = profit (or loss if expenses exceed revenue)
The AFL are the ones who set their own profit margin by racking up expenses that no real charity or community group (who deserve tax free status) would ever get away with.
Err... because announcing and building stadiums are vote winners for federal and state MPs who want to stay in power?why else would they stump up so much for stadiums
If it is taxed who is going to pay for that? the public?
Its a little more complicated than that.The league will- by cutting expenses.
What would happen if every AFL player, club staff member and AFL exec was forced to take a 30% pay cut to pay for the league being forced to pay company tax?
Would the league collapse? No.
Sure some players, staff and execs would leave... but there would be hoardes of people ready willing and able to take their places (at the reduced wages).
All that would happen is that the league would need to be more careful about what it spends its revenue on.
Frivolous garbage like 'lighting upgrades' of stadiums and wanky 'entertainment' spectacles like grand final bands etc will disappear- so what?
i dont think the executive is paid that much when compared to other companies (profit and not for profit) and their executives
How is this helping your argument?Seek paid their executive team (of 2) 6.8mill in 2022.
The AFL in 2022 paid nearly double that to their executive team of 12- 11.8million.
The first line is not correct.Yes as a 'not for profit' they have to spend every spare dollar that they make (ie their profit)
Revenue - expenses = profit (or loss if expenses exceed revenue)
The AFL are the ones who set their own profit margin by racking up expenses that no real charity or community group (who deserve tax free status) would ever get away with.
For instance- I'm sure there are more recent figures, but this will do for now:
In 2018, the 12 person AFL executive were paid an average of $900k each.
Salaries – Reform the AFL
reformtheafl.com
This is where the 'not for profit' status is a sham.
The league aren't a charity, they make squillions which they use to feather their own nest first and foremost by:
*paying themselves squillions
*paying players and all other staff at clubs squillions
*paying clubs squillions so they can buy and run for profit businesses like pokie joints etc- ie stuff that has nothing to do with football.
*buying for profit assets like marvel stadium etc- making money off non football things like concerts etc.
Unlike charities who have to by law run a tight ship in terms of keeping expenses as low as possible- the league can spend as much as they like on practically whatever they like.
So yes... the league invest every 'spare' dollar they have back into the game (to keep their not for profit, tax exempt status).
The racket is THEY get to decide how many 'spare' dollars they have.
How is this helping your argument?
In what sense are they overgenerous?My whole argument is that the league feather their own nest by racking up huge expenses (on things like overgenerous executive pay packets amongst other things).
Instead of paying company tax (like Seek do), the AFL pay zero tax.
Most of the extra money the AFL save from paying zero tax doesn't go back into the game- it goes straight into the pay packets of the executive (and club staff and players etc etc).