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Lions record massive loss
21 Nov, 2012
Michael Whiting

THE Brisbane Lions have taken another massive off-field hit, recording a net operating loss of more than $2.5 million over the past year.

This year's figure, calculated for the financial year ending October 31, 2012, predominantly relates to the club's major long-term investment, the Lions@Springwood entertainment venue.

Johnson said the key points of the financial report resulting in the $2,513,262 net operating loss were:
  • Total Club turnover of $43.9 million
  • Football department expenditure of $17.2 million
  • Social Club turnover of $13.7 million

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