Latest News

Back to Latest News back

 

NRL clubs agree new funding deal

NRL clubs agree new funding deal
December 3, 2015

The National Rugby League and the 16 NRL clubs have unveiled a new funding agreement which will help secure the future of the game at every level.

After several months of negotiations, from 2018 the deal will deliver more than $100 million extra per year to the 16 clubs with an additional $100 million to be invested to grow the game from the grassroots to the elite competitions each year.

The landmark deal follows the recent $1.8 billion broadcast rights deal secured by the Australian Rugby League Commission (ARLC).

ARLC Chairman John Grant and clubs representative Bart Campbell said it was one of the most important agreements in the game’s history.

Grant explained "the ARLC sought to balance the need for strong and financially viable clubs with the need to invest to grow the game - and this agreement will help us achieve these goals.

“The new broadcast deal created a unique opportunity for the ARLC, the Clubs and the States to come to an agreement that secures the game’s future – and we all agreed to take it.”

Campbell said the 16 NRL clubs were now in a position to invest off the field to build their capacity and capability and to become stronger and more professional than ever before.

Campbell stated "this agreement is a very significant milestone for the game of rugby league.

“It has been reached after a robust but collaborative process that maintained a clear focus on ensuring the Clubs can be financially strong in the short to medium term and that investment can be directed to grow the game over the long term.

“The clubs and the Commission are now entirely aligned and our fans and sponsors can get behind their clubs with the confidence that we will be around for the long term.”

Key elements of the funding agreement include payments to clubs of $1.5 million each year from 2016 to 2022 to be directed to improving their operational capability and to driving commercial revenues, and a grant of 130% of total player payments from 2018 to 2022.

The ARLC and clubs will now sign a Memorandum of Understanding while the agreement is formalised.

The final package will include agreement on other non-commercial issues and will form the basis for each club to hold a perpetual licence to play in the NRL competition.

Grant said that, with the agreement in place, the ARLC and the clubs can now focus on the future as one.

He concluded “we are now both intent on making the game stronger at every level … from the grassroots through to the elite levels.

“This is a unique opportunity for rugby league and we are going to work together to make the most of it.”

27th November 2015 - NRL ANNOUNCES $1.8 BILLION BROADCAST DEAL WITH FOX SPORTS AND CHANNEL NINE

11th August 2015 - NRL SECURES NEW FREE TO AIR TELEVISION DEAL

27th February 2015 - AUSTRALIAN RUGBY LEAGUE POSTS $49.9 MILLION NRL PROFIT

24th February 2014 - NRL TO USE SURPLUS TO BACK GAME DEVELOPMENT


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.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

PlayRope

Playrope Aqua-Fun, are the Australian & New Zealand exclusive distributors for Vortex Aquatic Structures International, the world leader in aquatic playgrounds and urban water landscapes.…

read more

Aquatics / Attractions / Parks / Play / Recreation

 
 

PathMinder

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

Access / Fitness / Recreation / Security

 
 

DEBITSUCCESS

Over the past 10 years Debitsuccess has been providing expert billing services to businesses across Australia. Debitsuccess is now the largest full service direct debit provider in Australasia,…

read more

Billing / Finance / Fitness / Golf / Recreation

 
 

revolutioniseSPORT

revolutioniseSPORT is the emerging market leader in online club management in Australia. Whether it is memberships, registrations, events, online sales or governance tools - revolutioniseSPORT is the…

read more

Recreation / Sport / Technology

 
 

Perfect Gym

Perfect Gym Solutions is a software as a service (SaaS) solution purpose-built to service the fitness industry, with over 1000 clients servicing over 2 million gym members across 40 countries making…

read more

Access / Fitness / Marketing / Recreation / Technology

 
 

APT Asia Pacific Pty Ltd

APT (Advanced Polymer Technology) is the leading global manufacturer of polyurethane-based materials, acrylic coatings and synthetic turf products for sporting and recreational applications. From…

read more

Environment / Sport / Surfaces / Technology

 
 

COMMERCIAL AQUATICS AUSTRALIA

Commercial Aquatics Australia provides aquatic solutions nationwide and is one of the largest and most experienced companies specialising in the design, construction, renovation, service, maintenance…

read more

Aquatics / Design / Play / Waterparks

 
 

Aflex Inflatables

Aflex Inflatables are the leaders for obstacle courses, pool toys, waterparks and land-based watersides and fitness runs. They are industry leaders offering the widest range of pool, lake and beach…

read more

Aquatics / Play / Waterparks

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business