The Club delivered another record membership of 105,084 a remarkable result under any scenario. DAFP is also one of 5 Texas regional organizations in the Alliance of Texas Treasury . 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). Those changes ensured we delivered an exceptional financial result in 2021, while the club was able to continue to perform at a high level on and off the field. 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). Can the dogs of Chernobyl teach us new tricks when it comes to our own survival? The Swans won't be one of the most affected clubs by the coronavirus, but they also won't be immune . Professional sport is a business largely centred around travel and the gathering of crowds two things verboten when dealing with a pandemic. See the match report and stats here. This result will support the targeted investmentsin re-engaging with our fans to return to the game and participate in our sport at the grassroots levels, including funding towards community football facilities and to support the launch of the 18 team AFLW competition later this year. For them, the pain was as hard as in any other sector. 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. All clubs receive the same standard distribution, which was $10.45 million in 2021 and will reduce to $8.45 million in 2022, when Richmond, West Coast, Hawthorn and Collingwood will receive only that amount, with the remainder of the money re-allocated to teams deemed to have the greatest need. For the league, having stores of cash and a positive asset position was a help to getting through the financial pain. Please create an employee account to be able to mark statistics as favorites. Are you interested in testing our business solutions? The AFL survived a big hit from COVID-19, this is how it was done AFL clubs have emerged from two chaotic, Covid-hit years in reasonably healthy financial shape. In that time there has not previously been a financial backwards step at least until COVID-19 struck. AFL players agreed to take a 50 per cent pay cut in the wake of the coronavirus pandemic. Insurance-Acc & Health Group. 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. AFL Club Member Summary 1984-2021 Clubs - 1992-2015 GWS Members MCC Member Survey - 2008, 2010 & 2015 Swans Melbourne Memberships AFL Participation 2008 AFL Participation 2009 AFL Participation 2012 AFL Participation AFL Sponsorship News Club Jumper Manufacturers Marks for marques: new car intention at AFL clubs AFL Stadiums 2019 AFL Venues 2016 Annual Report. 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. And it may have been the savior for 2020. The hard work put in by our entire club over the last decade has put us in a position to realise the dream of reimagining the Whitten Oval precinct for our four elite teams and the community of the west, he said. Australian Football League. Red and white and in the black - Sydney Swans Our members loyalty and the support from our sponsors has carried us through the second year of the pandemic. Please try again later. We acknowledge the ongoing support of our major partner Ford and other principal partners GMHBA, Cotton On, Deakin University and Morris Finance; No crowds at our final four AFL mens home games; Continued restrictive trading conditions for our hospitality business Higher Mark and Geelongs Gym due to government health measures through the COVID-19; and, Depreciation and amortisation expense of $3.0 million. AFL funding ladder revealed: $100m gap between top and bottom clubs 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. 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. Blues continue to strengthen off-field position We saw all areas of the club display great flexibility and agility in making significant changes to the way we operate. Shares have lost about 1.9% in that time frame, outperforming the S&P 500. These are experiences that will only reinforce these important partnerships in the future. See how every player fared, and all the key stats, from every practice match, including Saturdays mid-price showcase. In 1927, then-rich Carlton made 5,700 pounds or about $470,000 in 2020 dollars. EVERY PLAYER RATED. Full-time. 8 hour shift. John Stensholt Herald Sun. Richmond Football Club has reported an operating profit of $2.5 million for the financial year, ended 31 October. 2021 Annual Report. The AFL reduced its operating cost base in 2020; these cost savings were maintained through 2021. 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. In 2021, the Suns were granted what industry sources said was about $14 million on top of the $10.45 million base funding, with GWS said to have gained an additional $13 million, the Lions around $10 million and St Kilda close to $9 million. The new Tasmanian club needs to be positioned to thrive from the start and long into the future, not set up to fail. A drop in revenue was at least partially matched with a drop in expenditure. The club was precariously placed when it owed as much as $9 million in the years after rejecting a massive financial carrot from the AFL in late 2007 to turn its back on Melbourne and relocate to . Flexibility and innovation have been the cornerstone of delivering shared value. $0.9 million to corporate and social responsibility initiatives. If I could summarise our 2021 year in one word, that word would be resilience,Mr Goyder said. In a Covid-affected 2020, Club membership reached 992,854. COVID-19, spreadingat a rapid pace, caused shutdowns overmanysectorsand impactedmost lives. It operates through the followings segments: Aflac Japan and Aflac United States (U.S.). The Club's Balance Sheet is in a strong position, underpinned by the Bentleigh Club land asset ($23.7m), cash reserves of $9.6m and no debt. We saw all areas of the club display great flexibility and agility in making significant changes to the way we operate. Accessed March 04, 2023. https://www.statista.com/statistics/1299806/australia-revenue-of-the-afl/, Australian Football League. Aflac Inc. AFL - Quotes, Financials, News, Charts and Research | US 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. Key items contributing to the financial outcome include: Whilst our result was underpinned by the sale of The Brook gaming venue, we must acknowledge and thank the ongoing contribution of our Geelong Strong members in season 2021, in what was another disrupted and challenging year in being able to attend games of football Geelong Cats Chief Operating Officer Simon Kelleher said. This also included the additional precautions taken during travel and interstate stays to safeguard the players, clubs, and the community. 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. 2014 Annual Report. These unprecedented results were a significant driver in achieving such a fantastic financial result in 2021, Pert said. More analysis for UNM: IBD RATINGS FOR AFL 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. (March 7, 2022). 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. Under the redistribution, expansion clubs Greater Western Sydney and Gold Coast are set to be given a larger share of the allocation to the 18 clubs, compared to 2021 - a measure of the AFLs investment in those clubs and the time it will take for them to become independent. both clubs having stronger balance sheets than ever before, the Demons selling the Bentleigh Club for $23.7 million this year, topping $20 million in 2017, 2018 and 2019, They lost $6.1 million in 2020 due to the COVID-19s impact on their largely crowd-free home games, but have fared far better to record a small profit. Rating every AFL club's viability during shutdown crisis - Fox Sports As soon as this statistic is updated, you will immediately be notified via e-mail. After the hardships of 2020, the blows delivered by Covid-19 in 2021 hit everyone with force, Anderson said. For most of the history of the game, the VFL has been hypersensitive to external environmental trends, and the future of clubs often being a fly-by-night type of arrangement. The total payments to AFL Executives equated to $9.8 million, compared to $7.0 million in 2020, and $10.4 million in 2019. Get full access to all features within our Business Solutions. Just over a year ago, the world was placed on hold. If you are an admin, please authenticate by logging in again. Some clubs, like Richmond, with diversified economic profiles received more in JobKeeper, while others with streamlined staffing profiles naturally got less. The games collective unity and determination enabled us to withstand what some would say was an even bigger test than the year prior. FY2021 Annual Comprehensive Financial Report (PDF, 48MB) . Footy brings people together, it provides a sense of connection. The Brisbane Lions, who have recovered strongly from a fiscally fraught position and made a profit to $3 million this year, are expected to receive about the same as they did in 2021. AFL 2021 Total Player Payments Summary for Annual Report The AFL view and that of smaller clubs is that this shift to a more genuinely socialised funding system has been successful in that teams such as the Bulldogs and Melbourne have managed to win flags and build stronger balance sheets. 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. is ranked # 1. One in 23 Australians is a member of an AFL club. This result includes the AFLs controlled state subsidiaries, Marvel Stadium and Champion Data. 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.. 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.. Carltons new era has received a timely boost with the clubs balance sheet recording an impressive $1.28 million profit. So which ones are best? Keep up to date with the best AFL coverage in the country. Carlton, despite a decade of on-field struggles, received slightly less than Richmond in variable funding, over the nine years to 2020. With the support of our club members, the AFL mens team reaching the 2021 preliminary final, coupled with managements response in reducing the cost base materially during the previous financial year, it assisted the club in producing an exceptional financial result given the circumstances. When coronavirushit the league, each club was affected in different ways. The Korin Gamadji Institute and the Bachar Houli Foundation are central to much of that work connecting with young people in these difficult times and empowering them to shape their futures.. Demons chief executive Gary Pert said the clubs ability to emerge from a second year of the global pandemic in the best financial shape in its history was testament to the loyalty of its members and the ongoing commitment of its sponsors. West Coasts casualty ward looks set to increase with Josh Rotham sent for scans on a forearm injury, writes MARK DUFFIELD. Revenue of the AFL in Australia 2012-2021 Published by Statista Research Department , Dec 13, 2022 In 2021, the Australian Football League (AFL) in Australia generated over 738 million. Sign up for the Real Footy newsletter. 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). North Melbourne is finally debt-free for the first time in more than a generation, which represents an extraordinary $9 million turnaround across the past decade. 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. Their support ensures we can continue to re-establish Melbourne as a powerhouse of the competition.. The Giants have received about $100 million more funding from the AFL than the Pies over the past decade.Credit:The Age. National cabinet encourages wearing masks to combat COVID-19. Then you can access your favorite statistics via the star in the header. Statista. Critical decisions were made in 2020 to underpin the financial strength of the industry with the introduction of debt facilities to the value of $660 million.