In his review of the year, AFL Commission Chair Richard Goyder said the entire industry was collectively tested as it navigated through the on-going effects of the pandemic. Register in seconds and access exclusive features. But TV audiences stayed solid, rising 15 per centin the chaos of the pandemic compared with 2019. Picture: AFL Photos. AFL players agreed to take a 50 per cent pay cut in the wake of the coronavirus pandemic. Grand finalists Melbourne and the Western Bulldogs are set to have their overall funding reduced - both clubs having stronger balance sheets than ever before, having enjoyed on-field success and sold their pokie venues for excellent prices, the Demons selling the Bentleigh Club for $23.7 million this year. Collingwood has posted a net loss of almost $700,000 as it deals with the on-going financial impact of Covid-19. See how every player fared, and all the key stats, from every practice match, including Saturdays mid-price showcase. . Profit from the additional features of your individual account. St Kilda, which has been easily the greatest recipient of AFL funding of Victorian clubs over the previous four years - topping $20 million in 2017, 2018 and 2019 - will also have their funding reduced compared to the already reduced 2021 outlay. The 'winter shot': Everything you need to know about getting your next COVID-19 booster, If you catch COVID again, will your symptoms be worse? The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show . However, because of government intervention, severe cost-cutting, lower expenses and pay cuts, catastrophic losses were avoided. In another season affected by the ongoing Covid-19 pandemic, including games with heavily-reduced capacities and at times no crowds at all, it is the first time in history the total club membership number has exceeded 1.1 million. Collingwood fared worst in terms of funding by the league, the Magpies receiving zero dollars in variable funding over the decade, marginally behind the competitions financial behemoth, West Coast. As soon as this statistic is updated, you will immediately be notified via e-mail. Clubs, of course, tailor their spending to their revenue and so the figures are largely a demonstration of funding differences rather than a reflection of what would happen. To the Federal and respective State and Territory Governments, along with the Chief Health Officers, your continued leadership and guidance played the most significant part in us being able to complete both our AFLW and AFL seasons and, on behalf of the entire football community, we are very grateful for that continued supportand the tireless efforts of all front-line and essential workers.In yet another pandemic-affected year AFL revenue increased by $63.3 million, however this increase was offset by the costs associated with the return to the standard club funding model, distributions relating to obligations under the collective bargaining agreement and the additional costs to operate the season under the relevant covid restrictions. 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. We are rapt, Pert told News Corp when asked about this years profit. 2 nd in group. The Bulldogs kicked a massive score on their way to a 58-point win over the Roos, but it was in their back half that a new addition stood out. Gryan Miers spoke with Cats Media after the practice match against Brisbane. "Revenue of The Australian Football League (Afl) in Australia from 2012 to 2021 (in Million Australian Dollars). Clubs had no blueprint on how to react. Were sorry, this feature is currently unavailable. In 1927, then-rich Carlton made 5,700 pounds or about $470,000 in 2020 dollars. Amarfio told the Herald Sun last year that the Kangaroos had made it a priority to become debt-free, after finishing 2020 only $400,000 left in arrears. Geelong said the ongoing support of its membership base, the team reaching the 2021 preliminary final, and its managements response in reducing the cost base materially during the previous financial year all assisted the club in producing the exceptional financial result given the circumstances. The AFL view is that the Cats have a superb stadium deal at their government-funded home ground, which means they need less support. Under the new variable funding model, industry sources said Essendon were expected to receive up to half - $1 million or so - of their lost $2 million for a total package approaching $9 million, and are in the next band of relatively prosperous clubs who do not get the full $2 million back, while Carlton - a club with the capacity to be a financial heavyweight - expect to be funded to the tune of around $10 million, essentially getting back most or all of the $2 million every club initially loses. Live attendance forms the backbone of the spirit of football but as technology has improved, in-person attendance isn't the only way you can support your team. Please do not hesitate to contact me. Essendon tackled Richmond at Perth Stadium for the Sir Doug Nicholls Round after the game was moved to Darwin in 2020. North Melbourne has also been able to lock in coaching great Paul Roos for another season as a mentor and leadership consultant to the coaching group. The Bulldogs completed the sale of its gaming activities during this financial year, recording a one-off gain on the sale of $4 million. Currently, you are using a shared account. The 2021 result includes a commitment to the AFLPA for a share of revenues captured over the 2017-2021 seasons. Sydney has managed to scrape together a $54,598 net profit following an AFL season in which it spent large periods outside of New South Wales because of Covid-19 lockdowns. 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). . Job losses and wage cuts were the response across the board. 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. 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. 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 this year. 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. The covid overlay hasnt allowed this social connection to happen as much as we would like, so this year we are focusing our efforts to ensure this happens across all levels of our game.-----Key AFL financial summary:The AFLs revenue increased by $63.3 million to $738.1 million, due to increased broadcast revenue and improved commercial returns. The AFL has shed about $700 million in revenue over the course of the pandemic in 2020 and 2021, forcing major cost cuttings and wiping out their cash reserves and future fund but avoiding any debt. These expenses included extensive covid testing, additional travel and accommodation requirements and the setup of multiple high-performance centres to house travelling teams and families. There is more agitation between traditional clubs about differences in funding. in the Carter report ahead of a final position being put to club presidents for a decision on a Tasmanian AFL team," Gutwein said in a press . Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The games collective unity and determination enabled us to withstand what some would say was an even bigger test than the year prior. The Roos were slightly ahead of Melbourne, who were a clear seventh on the AFL funding ladder, but will lose some funding after winning the premiership. Collingwoods annual general meeting for the 2021 season was held on December 16 resulting in the appointment of Jeff Browne as their new president. A F L A C Inc (AFL) - OFFERS CANCER, ACCIDENT, HEALTH, DISABILITY AND LIFE INSURANCE IN JAPAN AND THE U.S. GROUP LEADERSHIP. The government's rollout of JobKeeper helped reduce the level of cuts, with clubs accessing around $70-80m collectively from the scheme. Sign up for the Real Footy newsletter. Geelong and Adelaide are not far behind the so-called power clubs of Collingwood and West Coast, in terms of receiving modest funding from headquarters, the Cats getting variable funding (aggregate of $2.13 million from 2012 to 2020) in only six of the past 10 years. The AFL reduced its operating cost base in 2020; these cost savings were maintained through 2021. Our football community, from our players, coaches and officials and our committed broadcast and corporate partners, all made the relevant sacrifices to ensure the health of the community was put first and we still delivered matches for the fans. FY2021 Annual Comprehensive Financial Report (PDF, 48MB) . 2017 Annual Report. Many new members signed on after the end of the AFL cut-off period, despite knowing they couldnt even attend matches. The Bombers released their annual report on Wednesday and revealed they had signed 81,998 members for the 2021 season as well as announcing the completion of their $50 million Hangar facility. Melbournes greatest on-field season in more than half a century has ended with an operating profit of $2.1 million to sit alongside the clubs drought-breaking 13th VFL-AFL premiership triumph. AFL clubs have emerged from two chaotic, Covid-hit years in reasonably healthy financial shape. 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. The DAFP is the professional association of choice for individuals in Treasury and Financial careers in Dallas and surrounding areas. Kennett had been under pressure for the clubs handling of a messy succession plan that saw Sam Mitchell take the coaching role from Clarkson who still had a year to run on his contract. After splitting their pre-season games, all eyes are now on the Round 1 clash with Collingwood. Attributable to the results were as following: Sponsorship and advertising revenues $11.7m compared to the $10.1m in the prior year. Melbourne had 54,493 members this year, and plans to boost that to 65,000 next year with a view of having 75,000 members by 2023. The profit was generated from a revenue base of $73.8 million. All times AEDT (GMT +11). Collingwoods only non-base funding, according to the figures obtained by The Age, was $174,710 in 2012. Of the $36 million the AFL has taken from all clubs, more than $26 million will be re-allocated to 14 of the 18 clubs, on a needs basis - a move that has already drawn the ire of Richmond, Collingwood, Hawthorn, the Eagles and Essendon. From this strong position we launch into 2022 full of confidence, Sayers said. UNM. Old hierarchies of need shifted as some smaller clubs found themselves relatively better off. Once again, we would like to thank our members for their continued support. The club has embarked on a major upgrade of RSEA Park in Moorabbin which has become the clubs home again after the failed Seaford venture. Its the Bulldogs eighth straight year of total profits, and sixth with a total profit in excess of $1 million. 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.. We have forwarded our 2022 financial results to the Presidents and Chairs of the 18 AFL clubs, reporting an underlying operating profit of $20.7 million in Most Super Bowl wins by NFL team 1967-2023, Average ticket price in the NFL by team 2021, FIFA World Ranking: top male soccer teams 2022, Athletic footwear global market share by company 2015, Health & Fitness Clubs - Statistics & Facts, Sporting goods industry in the U.S. - statistics & facts, Profit from additional features with an Employee Account. While the AFL recorded a cash surplus, the AFLs underlying operating loss for 2021 was $43.0 million, compared to an underlying operating loss of $22.7 million in 2020. You can only download this statistic as a Premium user. The 1,113,441 number surpasses the record of 1,057,572 that was set in 2019. Others were more exposed to a loss of sponsors, inflexible leases and the closure of side businesses. Recruit of the year? All eyes were on the Brodie Grundy-Max Gawn partnership which delivered six goals, but an injury blow to a crucial Tiger stole some of the spotlight. To use individual functions (e.g., mark statistics as favourites, set In a Covid-affected 2020, Club membership reached 992,854. The AFL reported an underlying operating profit of $20.7 million in 2022, compared with an underlying operating loss of $46.1 million in 2021, an increase of $66.8 . 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. Management have developed a clear strategy under new CEO Steve Hocking for crowds to return in season 2022, kicking off with the AFL W season in January. The Swans offer an example of how the pandemic hits clubs differently, depending on whether games are played in their state before crowds. North Melbourne, who have faced constant financial pressures and talk about relocation to their second home in Tasmania, ranked only sixth in variable funding, surprisingly trailing not only GWS, Gold Coast and the Lions (in that order), but the Saints and Bulldogs, despite the Dogs 2016 premiership and superior balance sheet. The Annual Comprehensive Financial, Debt, Investment, Texas Comptroller's Annual Hotel Occupancy Tax documents. Melbourne will also have a reduction after winning the premiership, but they will not be cut as heavily as the Bulldogs, according to competition sources, because the Dogs have had a longer period of profitability. The new Tasmanian club needs to be positioned to thrive from the start and long into the future, not set up to fail. This year, we experienced the largest aggregate growth in membership of any club in the AFL, Essendon CEO Xavier Campbell said. 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). 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. But the club has emerged from two compromised seasons debt free. That step is reminiscent of a failed attempt in 2012 by Wilmington city officials to bring an Atlanta Braves minor league team to the Port City. See the match notes, news and updates here. 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 FY 2021 (PDF, 381KB) HOT Report - FY 2020 . AFL : 68.12 (-0.04%) UNM : 45.57 (+2.29%) AFL earnings call for the period ending March 31, 2021. . As a result, the AFL had to support clubs differently to normal, based on these impacts. The Saints and Bulldogs, for instance, have gained more AFL funding than Melbourne. A sell out Dreamtime game in Perth has helped Essendon post a $1.2 million operating profit for 2021 and emerge from a second Covid-stricken year bank-debt free. Ironically, as we get to the end of the second year of the pandemic, the club is in the best financial position it has been in its history, Pert said. Carltons new era has received a timely boost with the clubs balance sheet recording an impressive $1.28 million profit. The figures showed St Kilda would have lost $32.6 million, Melbourne $19.1 million, Port Adelaide $14.56 million, Brisbane Lions $35.2 million and Gold Coast and GWS would have had aggregate losses of $45.2 million and $50 million, respectively. statistic alerts) please log in with your personal account. West Coast Eagles tumble down AFL clubs' revenue ladder for 2020. While this asset base, and continued support of sponsors and members was critical, the most critical piece of the puzzle was the broadcasting rights deals that underpin the financial backing of the game. In addition, management is developing the clubs vision for the next evolution of the clubs high-performance facilities for both its AFL womens and mens teams. The gap in funding and the extent of the socialised model was evident in a table, obtained by The Age, that showed what the profit and loss position of the 18 clubs would be, from 2017 until 2020, with and without variable funding. St Kilda has reduced its debt by $4.3 million despite missing finals for the ninth time in 10 years in 2021. The club is now debt free for the first time in decades and positioned to bounce out of COVID-19. See the match report and stats here. Flexibility and innovation have been the cornerstone of delivering shared value. 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. While Australia has faced big, life-altering challenges before such as the 1918 influenza epidemic and two world wars, sport in Australia has been more of a semi-professional pursuit than a fully professional one. They were still given total variable funding, however, of just less than $2.5 million, from 2018 to 2020, after they won the 2017 premiership, but nothing in 2021. As a result, we remain financially stable, strongly connected to our stakeholders, and important contributors to the broader community. We will need to be if we want to have the money to invest in our footy department and in our facilities for the good of the football program. The AFL would not respond to specific questions about clubs and their funding. We will continue to strive to achieve our goals in 2022, both on and off the field., The hard running Gryan Miers' making an early impression on the back of an uninterrupted pre-season, Geelong has named a 34-player squad for its first VFLW practice match of 2023, Catch The Greatest Team of All this Monday night, Cats expect a handful of veterans back for Round 1, with full forward Hawkins an outside chance. 2021 Annual Report. The club is now debt free for the first time in decades and positioned to bounce out of Covid-19 and management has developed a clear strategy under new CEO Steve Hocking for crowds to return in season 2022.. However, we know there is plenty of work ahead of us, so were determined to keep the momentum going. The once cash-strapped Kangaroos now have money in the bank and a locked-in future at their traditional Arden St home base after posting a 13th profit from the last 14 seasons, despite a second year of Covid interruptions. This years financial bottom line represented a turnaround of more than $5.1 million on the 2020 figure, albeit Pert insisted the pandemic had cost the club around $8 million over the past two years. The effects of COVID-19 can be seen in club annual reports. Richmond and Collingwood will get reduced funding from the AFL.Credit:Getty Images. Easily apply. 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. Dogs free-hit signing a brick wall, Gawndy fires as Tigers sweat on stars fitness, Player ratings: Stocker in frame for Saints debut, Dons battling, Every SuperCoach score: Bargains galore, Gawn dominates, New injury fears for Eagles ahead of Round 1, Dogs allay injury fears after bruising pre-season hitout.