True, but some of those guarantees have expired in the last couple of months, and one assumes they have been rolled over. (If they hadn't been, we'd have heard about by now.)
As an aside, the other guarantee the AFL has in place is with the AFLPA, to pay the wages of players who lose a job if an AFL club was to cease to play in the league. As I've said in the past, the AFL has done some stupid s**t in the past but willingly opening themselves up to pay millions of dollars in wages vs giving a club some extra support? I'll bet the house on them locking in B, Eddie.
You are correct that some guarantees were due at Apr 30 2020, & they were to the NAB, the providers of the line of credit.
I've linked the 2019 AFL Annual Report & cherrypicked relevant paras of AFL club guarantees that dont simply slide in under the line of credit, e.g not the NAB/ANZ, & expiry date of any relevant guarantee. I've not included guarantees to NAB/ANZ that expire in 2020.
The detail listed makes boring reading, dont bother unless you have some reason.
5. Contingent liabilities
i. The Company has entered into an agreement with the AFL Players’ Association Inc. for a period of six years commencing on 1 November 2016 whereby the Company has an obligation to assume liability for all amounts due to players of a club where the club has lost its licence......offset by any amounts payable to the players in respect of future employment as a player.
ii. The Company has entered into an agreement with Westpac whereby the Company guarantees the obligations of the Carlton Football Club Limited to Westpac to a maximum of $5.0 million. This guarantee expires on 31 January 2022.
iii. The Company has entered into an agreement with Westpac whereby the Company guarantees the obligations of the Melbourne Football Club Limited to Westpac to a maximum of $3.5 million. This guarantee expires on 31 January 2022.
iv. The Company has entered into an agreement with Westpac whereby the Company guarantees the obligations of the North Melbourne Football Club Limited to Westpac to a maximum of $3.0 million. This guarantee expires on 31 January 2022.
....
viii. The Company has entered into an agreement with NAB whereby the Company guarantees the obligations of the Essendon Football Club Limited to NAB to a maximum of $8.0 million. This guarantee expires on 30 April 2021
.....
x. The Company has entered into an agreement with National Australia Bank whereby the Company guarantees the obligations of GCFC Limited to National Australia Bank to a maximum of $1.19 million (Transactional Facilities). This guarantee expires on 30 April 2021.
.....
xii. The Company has entered into an agreement with National Australia Bank whereby the Company guarantees the obligations of the Western Sydney Football Club Limited to National Australia Bank to a maximum of $1.53 million. This guarantee expires on 30 April 2020.
xiii. The Company has entered into an agreement with National Australia Bank whereby the Company guarantees the obligations of the Australian Football League (Victoria) Limited to National Australia Bank to a maximum of $0.35 million. This guarantee expires on 30 April 2020.
xiv. The Company has entered into an agreement with National Australia Bank whereby the Company guarantees the obligations of the AFL Queensland Limited to National Australia Bank to a maximum of $0.15 million. This guarantee expires on 30 April 2020.
xv. The Company has entered into an agreement with National Australia Bank whereby the Company guarantees the obligations of the AFL (NSW/ACT) Commission Limited to National Australia Bank to a maximum of $0.15 million. This guarantee expires on 30 April 2020.
xvi. The Company has entered into an agreement with National Australia Bank whereby the Company guarantees the obligations of the AFL Northern Territory Limited to National Australia Bank to a maximum of $0.15 million. This guarantee expires on 30 April 2020.
xvii. The Company has entered into an agreement with National Australia Bank whereby the Company guarantees the obligations of Football Tasmania Limited to National Australia Bank to a maximum of $0.06 million. This guarantee expires on 30 April 2020.