In a Covid-affected 2020, Club membership reached 992,854. Revenue of the Australian Football League (AFL) in Australia from 2012 to 2021 (in million Australian dollars) [Graph]. As soon as this statistic is updated, you will immediately be notified via e-mail. The development budget was essentially halvedand may set back the pathways in ways not yet foreseen. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The AFL has today forwarded its 2021 financial results to the Presidents and Chairs of the 18 clubs, in the lead-up to next months Annual General Meeting. The Saints have, however, cut their debt, which had topped $12 million at one stage. Learn more about how Statista can support your business. 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.. Much of the hit came from the loss of match-day revenue. Are you interested in testing our business solutions? While 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, Kelleher said. 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. We are really proud of the financial position we have put ourselves in, Amarfio said. The strength of our balance sheet is particularly important right now as we move towards the redevelopment of Punt Road Oval a project that is critical to our future. 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. In the spirit of reconciliation the AFL acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. It showed that West Coast, who made a monstrous profit after the 2018 flag, would have an aggregate profit of over $32 million ($8 million plus per year) without variable funding, and that under the same scenario the top six clubs would have averaged more than $3 million in profits, but that only eight clubs would be in the black. Liam Stocker is firmly in the mix for a round 1 debut at St Kilda after impressing against Essendon. The Giants have received about $100 million more funding from the AFL than the Pies over the past decade. The Demons have no debt and cash reserves of $9.6 million, while the sale of the Bentleigh Club land asset will yield $23.7 million next year, which will be put into a Future Fund to safeguard the clubs long-term financial future. All times AEDT (GMT +11). 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. The government's rollout of JobKeeper helped reduce the level of cuts, with clubs accessing around $70-80m collectively from the scheme. 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? 2018 Annual Report. Wed be pretty keen, wed have a lot to say in that, said Brasher. Just over a year ago, the world was placed on hold. Insurance-Acc & Health Group. 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. engages in the provision of financial protection services. With the wave of support from the Carlton faithful right across the country behind us, we will continue to move this football club forward in pursuit of the sustained success, on and off the field.. I think it is a great testament to the board, to the previous management teams and previous staff who have done a great job over that decade.. AFL funding ladder revealed: $100m gap between top and bottom clubs. 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. Get full access to all features within our Business Solutions. We are rapt, Pert told News Corp when asked about this years profit. Aflac, Inc. is a holding company. Essendon received $10.7m from the AFLs annual distribution revenue. 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. Most of all, I want to thank our members and supporters for their passion and commitment to their Clubs and everyone who watched the games and supported us collectively across both the NAB AFL Womens Competition and the Toyota AFL Premiership Season.Total AFL Club membership reached an all-time record1,113,441members in 2021. The Port Adelaide Football Club has declared a record operating profit for the 2021 financial year. 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 Bulldogs have announced they have completed the financial year, ending October 31, with a total statutory profit of $6.47 million. AFL players agreed to take a 50 per cent pay cut in the wake of the coronavirus pandemic. A F L A C Inc (AFL) - OFFERS CANCER, ACCIDENT, HEALTH, DISABILITY AND LIFE INSURANCE IN JAPAN AND THE U.S. GROUP LEADERSHIP. 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. It also raised questions about the level of support needed for a Tasmanian team. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. This is a strong outcome for our organisation, underpinned by our loyal member base, and is a testament to everyone associated with our football club, Campbell said. This operating result has contributed to the Blues declaring a statutory net profit position of $20,257,029 for the year ended 31 October 2021 - inclusive of government grants and philanthropic contributions towards the IKON Park Redevelopment, which has now surpassed 50 per cent completion. AFL clubs have emerged from two chaotic, Covid-hit years in reasonably healthy financial shape. Still, the club remains in a stable financial position and boasts a talented young list. 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. That collective strength is what defines the Richmond Football Club and why I think we have so much to look forward to. Darcy, a father-son for the Western Bulldogs and the son of club great . 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. The outstanding financial result in a pandemic year has allowed the club, which now has the longest premiership drought in the game, to decrease its whopping debt to $9,562,300. The strong financial result was underpinned by the sale of The Brook gaming venue in November 2020, resulting in a gain on sale of $2.4 million. 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. Flexibility and innovation have been the cornerstone of delivering shared value. For the league, having stores of cash and a positive asset position was a help to getting through the financial pain. Even adjusted for inflation, half of the league's modern clubs earned more revenue in 2019 than the VFL as a whole did in 1987. Hybrid remote in Dallas, TX 75261. As a Premium user you get access to background information and details about the release of this statistic. 2 nd in group. Once again, we would like to thank our members for their continued support. As a result, the AFL had to support clubs differently to normal, based on these impacts. The AFL view is that the greatly reduced football department costs (the soft cap is still more than $3 million below the 2019 total of $9.7 million) means the rich clubs have been more profitable in 2021 and can afford the funding cuts. There is an emotional and financial investment in being a member and we do not take it for granted. The club is now debt free for the first time in decades and positioned to bounce out of COVID-19. 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. 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. Distributions increased $117.0 million through increases in club and AFL Players Association distributions; these were reduced in 2020 to offset lower revenue and increased costs of running the mens Toyota Premiership season and returned toward pre-COVID levels in 2021. Richmond and Collingwood will get reduced funding from the AFL.Credit:Getty Images. 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All hopes are that it is plan A or B embarked upon in the future. Essendons report revealed an increase in match day and stadium returns of $3.3m due to being able to play a full 23-round season, with most games in front of crowds, albeit limited, and the highly successful sell out Dreamtime game in Perth. The report also provides assurance that the City presents fairly its financial position as verified by independent auditors. There were significantly less travel and accommodation costs in 2021 compared to 2020. 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 the Gold Coast. Whilst a challenging year financially, we increased our commitment in making a significant and meaningful difference in our community, and will again focus on our community impact in 2022 and beyond. In 2020 and 2021, the AFL covered travel costs for teams impacted by state border restrictions. Where almost all of the historical backing from the game came from ticket sales, memberships and benefactors, now punters form a smaller part of the revenue pie. 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. We have got to have that financial backing to be reflective of the big Melbourne clubs.. [Online]. By portadelaidefc.com.au on Feb 11, 2021, 7:00pm The Port Adelaide Football Club has announced a net loss from continuing operations of $278,806 for the financial year ending 31 October 2020.