Moved Thread AFL tips $25m into the Suns for 2017!!!

[Linda_Lovelace]

AFR article today (can't link).

The figure is an increase of $5.5m on 2016 contribution of $19.1m!!! The reason for the increase was a slump in sponsorship!!! A total of $24.7m tipped in for one year!! That's with selling a game overseas to boot.

How much longer can this go on for and why is the media in Victoria ignoring it??? Are they independent of the AFL or just too scared to annoy head office?

 

[Better Loosen Up]

The two QLD clubs need to be merged. It's just not working.

 

[Catsnlakers]

The AFL can tip in 50 million next year & it will mean SFA..... Sporting teams just don't succeed in the GC market!

 

[ABSOLUTE MADMAN]

The two QLD clubs need to be merged. It's just not working.

Brisbane lost 10k members the year the Gold Coast entered the competition. Gold Coast barely passed 11k membership total last year.

Stuff the idea of merging them. Just * off the Gold Coast and keep Brisbane.

 

[Power Raid]

AFR article today (can't link).

The figure is an increase of $5.5m on 2016 contribution of $19.1m!!! The reason for the increase was a slump in sponsorship!!! A total of $24.7m tipped in for one year!! That's with selling a game overseas to boot.

How much longer can this go on for and why is the media in Victoria ignoring it??? Are they independent of the AFL or just too scared to annoy head office?

what was the television contract variance between 16 teams and 18 teams?

Without looking I'd suggest $200m per annum..........and that is the magic number Gold Coast can cost per annum in the short term to be viable. On a long term basis the equation is the cost of running an alternative team.

 

[Kwality]

AFR article today (can't link).

The figure is an increase of $5.5m on 2016 contribution of $19.1m!!! The reason for the increase was a slump in sponsorship!!! A total of $24.7m tipped in for one year!! That's with selling a game overseas to boot.

How much longer can this go on for and why is the media in Victoria ignoring it??? Are they independent of the AFL or just too scared to annoy head office?

Whats your problem? Cant sustain the performance Linda, clear your throat, what did the rest of the clubs get?
See Bunnings wrote off a $bil on its UK expansion, it happens.

 

[NoobPie]

what was the television contract variance between 16 teams and 18 teams?

Without looking I'd suggest $200m per annum..........and that is the magic number Gold Coast can cost per annum in the short term to be viable. On a long term basis the equation is the cost of running an alternative team.

People fretting over an $5 million in the face of an $800m turnover, in the first year of a $2.5B six year TV rights deal need to chill.

The AFL can sustain cross subsidy to those teams for decades, but really every indication is both the Queensland teams have bottomed out both on and off the field. Meanwhile grass roots footy in queensland is exploding

 

[Vic pokiesmon]

AFR article today (can't link).

The figure is an increase of $5.5m on 2016 contribution of $19.1m!!! The reason for the increase was a slump in sponsorship!!! A total of $24.7m tipped in for one year!! That's with selling a game overseas to boot.

How much longer can this go on for and why is the media in Victoria ignoring it??? Are they independent of the AFL or just too scared to annoy head office?

Still less than Victorian clubs pokies revenue.Hawks won the premiership last year didn't they.They reach 24mill?.Im not sure...Having lived on the Gold Coast there's a definite market for AFL.They just need to get there act together and there's been a few positive signs recently.

 

[Linda_Lovelace]

Still less than Victorian clubs pokies revenue.Hawks won the premiership last year didn't they.They reach 24mill?.Im not sure...Having lived on the Gold Coast there's a definite market for AFL.They just need to get there act together and there's been a few positive signs recently.

Umm no the Hawks did not and they generate their own revenue. Very strange post.

 

[35Daicos]

Whats your problem? Cant sustain the performance Linda, clear your throat, what did the rest of the clubs get?
See Bunnings wrote off a $bil on its UK expansion, it happens.

The idea that some folks have, that the AFL will just decide it's all too hard and axe Gold Coast is quite ludicrous. If they "cost" the competition a fair bit of money for a few years, then so be it. It has to be done.

They obviously want a game in Queensland and NSW/ACT every week, so two teams will always be needed in those states. The knockers just need to accept this and get on with it.

 

[Snake_Baker]

If they need it, give it to them.

We're too far down the rabbit hole now.

 

[Power Raid]

People fretting over an $5 million in the face of an $800m turnover, in the first year of a $2.5B six year TV rights deal need to chill.

The AFL can sustain cross subsidy to those teams for decades, but really every indication is both the Queensland teams have bottomed out both on and off the field. Meanwhile grass roots footy in queensland is exploding

100%

Like the swans who struggled for decades, this is a Two to three generation commitment and investment.

 

[99cents]

what was the television contract variance between 16 teams and 18 teams?

Without looking I'd suggest $200m per annum..........and that is the magic number Gold Coast can cost per annum in the short term to be viable. On a long term basis the equation is the cost of running an alternative team.

Logical post- though the 200 million is for the term of the contract?

 

[NoobPie]

100%

Like the swans who struggled for decades, this is a Two to three generation commitment and investment.

Apparently some were pushing to merge Sydney and Brisbane at one point in the 90s! The vision!

Also, the ridiculous trope about gold coast being a graveyard which is based mostly on privately owned basketball, soccer and league teams, mostly from a time when there were half as many people there.

The AFL knows that the full cost of abandoning a team far exceeds the cost of maintaining it at a premium for a generation. The worst long term outcome is that the AFL will have to provide a premium similar to the smaller melbourne clubs in perpetuity

 

[Linda_Lovelace]

Logical post- though the 200 million is for the term of the contract?

Well then you add GWS, Brisbane......................

 

[Vic pokiesmon]

S

Umm no the Hawks did not and they generate their own revenue. Very strange post.

Sorry I should have been more precise. Hawthorn led other Victorian clubs with 23.29milliion in pokies revenue in 2017.

 

[NoobPie]

Well then you add GWS, Brisbane......................

$60 million a year....or rather $30 million over and above the standard distribution...out of $425M a year

Also, did you consider that there has been a ~$2.5M step change in AFL base distributions to cover the EBA? You didn't did you?

 

[Lord_Flashheart]

Pretty sure the AFL are tipping in ~$20mill a year for the first 20 years. Can't find an article on it though.

 

[_Mike_]

The AFL will keep supporting GCS, they should, on the basis of the expansion to QLD and NSW. Throwing their hands up in the air and taking on the defeatist attitude isnt the way to go about business ventures.

 

[Catoggio76]

AFR article today (can't link).

The figure is an increase of $5.5m on 2016 contribution of $19.1m!!! The reason for the increase was a slump in sponsorship!!! A total of $24.7m tipped in for one year!! That's with selling a game overseas to boot.

How much longer can this go on for and why is the media in Victoria ignoring it??? Are they independent of the AFL or just too scared to annoy head office?

Southport Sharks should take over GC Licence.

 

[Kwality]

Well then you add GWS, Brisbane......................

Get used to the fact the Suns have a 5hit sandwich facing them courtesy of the Comm Games.
Imagine the sqeaking & squealing of the Vic media if a Vic team had a travel schedule like the Suns, you must have grown tired of reading about it.

 

[Vic pokiesmon]

Southport Sharks should take over GC Licence.

Haven't the Suns been deliberately distancing themselves from any real connection to the Southport Sharks?

 

[Ned_Flanders]

100%

Like the swans who struggled for decades, this is a Two to three generation commitment and investment.

This

It was always gunna take time, and it was always gunna bleed money in the short to medium term

 

[Kwality]

Southport Sharks should take over GC Licence.

& get all those members who pay membership fees of $zip plus?

 

[telsor]

what was the television contract variance between 16 teams and 18 teams?

Without looking I'd suggest $200m per annum..........and that is the magic number Gold Coast can cost per annum in the short term to be viable. On a long term basis the equation is the cost of running an alternative team.

You clearly vastly over estimate the value of the media deal.

Total deal is around 2.5B over 6 years, or a bit over 400m a year.

Do you really think 2 extra teams added almost half of that? Hell do you think adding a 9th game makes up even 10% of that (10% being roughly what they get in dividends).



GWS & GC cost money...a lot of money...and the league doesn't come close to making back right now. The idea is that they'll grow the game and support in NSW/QLD and that the money they're sinking in now will be a long term investment that will pay off in time.

The evidence of this happening is...sketchy at best, but that is the plan, and now that they're set on it, it would take a major catastrophe for them to back away now. Doing so would piss off fans in those states and pretty much make it impossible to ever go back, and I doubt the AFL is willing to give up those states forever over a few million.