As of the 1st July 2018, Enta Australasia Pty Ltd/Best Union has been rebranded as VIVATICKET Pty Ltd. Click here to view the VIVATICKET Pty Ltd listing. 19th July 2018 - ENTA…read more
AFL records rare net loss while participation and membership rises
The AFL has posted its first net loss in a decade - declaring a deficit of $23.6 million in its 2011 Annual Report.
The loss has been blamed predominantly on the AFL's expansion plans in western Sydney and on the Gold Coast, but AFL Commission Chairman Mike Fitzpatrick says it's worth it.
Fitzpatrick today told media "the AFL commission is aiming to recoup the net loss during the next five years by generating profits of at least this amount."
The League recorded record revenue of $343 million, up 25, and an operating surplus of $234 million, up from $230 million.
Clubs were provided with total funding of $159 million.
Fitzpatrick explained "our strategic focus on the long-term future of Australian football ... has positioned the AFL strongly for the next five years and beyond."
Fitzpatrick said new television and digital media rights would be critical for financial growth in the near future, adding "these agreements will underpin the finances of the game from 2012-2016 ... which includes allocating more than $1 billion to AFL clubs under new equalisation and revenue-sharing arrangements."
The 2011 Annual Report also showed new highs in participation and membership:
• Record participation - 791,178 from 751,015;
• Record club membership- 650,373 compared to 614,251 in 2010;
• Total attendances for pre-season, season, finals - 7.488 million;
• Average attendance - 34,893 which the AFL claims puts the code into the top four of competition attendances in the professional sporting world:
• Grand final television audience - 3.524 million.
Interest in Chief Executive Andrew Demetriou's salary package focussed on his salary earning of $1.8 million, down from $2.2 million the year before.
Demetriou's salary included a base payment of $1.4 million and a $400,000 bonus and was higher in 2010 because he received a long-term retention bonus.
Explaining the Chief Executive's renummeration, Mike Fitzpatrick added that the total package was justified by the success and growth of the game, stating "the AFL's executive salary packages reflect this reality and reward the achievement of key targets whilst ensuring we retain our valued team.
"The commission commends Andrew and his executive team, as well as all AFL staff across Australia, for their considerable efforts and achievements during 2011.
"It was a successful year that has enabled the commission to set an ambitious agenda for the next five years."
7th August 2009 - AFL AGREES NEW MCG DEAL
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
Our team believes floors should be beautiful, comfortable, and engineered for safety, even when wet. Life Floor tiles meet six unique performance based standards: slip-resistance, impact absorption,…read more
PathMinder Pty Ltd have partnered with AllUser Industries srl to bring Europe’s most advanced high security portals to the Australian and New Zealand markets. AllUser Industries started to…read more
The P.A. People is a specialist integrator and contractor in sound reinforcement, audio visual systems, performance lighting and production communications. Over its almost 50 year history the company…read more
As of the 1st July 2018, Enta Australasia Pty Ltd/Best Union has been rebranded as Vivaticket Pty Ltd. Vivaticket is the ideal strategic partner for the organisation and management of your…read more
@leisure is a team of experienced leisure, aquatic and sports facility managers and planners, with market modelling, sports management, recreation planning, business and GIS qualifications. We have…read more
Tim Batt Water Solutions are at the very forefront of the commercial aquatic business in Australia, with over 30 years specific experience supplying and installing chemical control and dosing…read more
Pricemark supplies a wide range of custom branded membership & RFID access products for the Health & Leisure Industry.read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!