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There are NO pokies outside Burswood Casino in WA!
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I'm confused
Wrong on WCE being $6m more before pokies are removed. Below are The_Wookie financial summaries from 2018:
Firstly total revenues for 2018. Richmond is 4th largest, and $1.1m above WCE
Revenue
- Collingwood -$77,736,469
- Hawthorn - $70,742,464
- Essendon - $65,165,407
- Richmond - $65,164,372
- West Coast - $64,013,222
- Carlton - $58,618,876
- Port Adelaide - $57,907,188
- Geelong - $57,804,052
- Adelaide - $54,954,790
- Brisbane - $52,060,420
- Melbourne - $51,988,711
- Western Bulldogs - $51,944,472
- Sydney - $50,837,971
- Fremantle - $49,263,474
- St Kilda - $47,952,666
- GWS - $42,605,892
- North Melbourne - $39,717,822
- Gold Coast - $39,656,365
Then you have gaming, and Wookie has conveniently removed all of the gaming revenues from this:
Gaming & Social Revenue
Revenue without Gaming
- Collingwood - $22,887,477
- Hawthorn - $19,087,366
- Carlton - $18,825,869
- Brisbane - $15,687,630
- Essendon - $13,351,296
- Melbourne - $11,641,049
- Geelong - $10,537,358
- Richmond - $7,180,170
- Western Bulldogs - $7,061,232
- St Kilda - $1,934,045
Where WCE destroy financially is profitability. This is because pokies need a decent turnover to cover their costs (total profits below, and profits from pokies below too - the the case of RFC $7m in pokies turnover delivers the club less than $1m in actual profit to use in the club)
- West Coast - $64,013,222
- Richmond - $57,984,202
- Collingwood - $54,848,992
- Essendon - $51,814,111
- Hawthorn - $51,655,098
- Sydney - $50,837,971
- Fremantle - $49,263,474
- Geelong - $47,266,694
- St Kilda - $46,018,621
- Western Bulldogs - $44,883,240
- GWS - $42,605,892
- Melbourne - $40,347,662
- Carlton - $39,793,007
- North Melbourne - $39,717,822
- Brisbane - $36,372,790
Profit/loss
- West Coast - $12,804,032
- St Kilda - $5,267,414
- Essendon - $5,054,186
- Hawthorn - $4,933,128
- Richmond - $3,063,298
- Fremantle - $2,489,714
- Melbourne - $1,363,060
- Western Bulldogs - $1,643,050
- Carlton - $667,803
- Adelaide - $648,715
- North Melbourne - $242,656
- Sydney - $105,186
- Gold Coast - $19,219
- Geelong - ($339,849)
- GWS - ($522,896)
- Brisbane - ($2,261,990)
- Collingwood - ($2,732,624)
Gaming Profit
Finally you asked about Richmond's non-football revenue streaming (saying they were $10-20m).
- Collingwood - $6,037,992
- Brisbane - $3,744,228
- Melbourne - $3,720,679
- Carlton - $3,169,884
- Essendon - $2,276,154
- Western Bulldogs - $1,390,994
- Richmond - $942,060
- St Kilda - $616,340
- Hawthorn - No costs available
- Geelong - no costs available
- Carlton - no costs available.
AFL distributions and prize money $12,505,575
Gaming and hospitality 7,670,839
Stadium contributions and consumer products 29,645,214
Health, fitness and community groups 14,237,718
Sponsorship, fundraising and corporate products 15,450,025
Interest 194,666
Other 73,800
Its actually more at just under $22m, as the club is branching out into managing health centres and providing Swinburne uni courses so its less dependant upon onfield success to keep the club afloat
The Eagles pay the WAFC a royalty each year that goes to operating footy in that State, no such royalty paid by Vic clubs. Over the past 32 years t royalties paid of $140 mil.
https://thewest.com.au/sport/west-c...e-back-of-2018-afl-premiership-ng-b881095694z
2018
Even after paying a royalty to the WA Football Commission, which helps fund WA football and is likely to be about $3.9 million, West Coast will post a profit of about $7.5 million.
As pointed out earlier, things are not equal across the clubs, never have been, never will be.
That would be Royalty + Rent. The Eagles haven't averaged $4.5m royalty every year over 32 years.
Eagles chairman Russell Gibbs yesterday told The West Australian the royalty would take the club’s payments to WA football over its 32-year history past $140 million.
Still a **** load, and shows financial strength to have net equity of $77m after those payments.
I don't know where you have cut and pasted that from but those are 2017 figures.
WCE 2018 Report
View attachment 674611
Richmond 2018
View attachment 674612
Collingwood 2018
View attachment 674614
And look at Net Equity for the true gauge of financial might at the end of 2018
West Coast. $77,014,459
Collingwood $32,690,470
Richmond... $31,364,372
Hawthorn....$51,592,955 group $42,484,269 Football Club
Just to complicate the discussion a little further. Essendon’s net asset position is $36.08MI don't know where you have cut and pasted that from but those are 2017 figures.
WCE 2018 Report
View attachment 674611
Richmond 2018
View attachment 674612
Collingwood 2018
View attachment 674614
And look at Net Equity for the true gauge of financial might at the end of 2018
West Coast. $77,014,459
Collingwood $32,690,470
Richmond... $31,364,372
Hawthorn....$51,592,955 group $42,484,269 Football Club
Go and have a look at the OP it has the 2017 links and therefore 2017 summary and the post is dated August 2018.Also said at the start, from wookies financials thread (straight cut and paste of his lists)
Go and have a look at the OP it has the 2017 links and therefore 2017 summary and the post is dated August 2018.
The next post ( dated has August 2018 but last edited March 2019 ) links and therefore 2018 summary. Think a bit before you just cut and paste.
https://www.bigfooty.com/forum/threads/2018-financial-results-links-rankings-now-in-post-2.1202176/
The Eagles pay the WAFC a royalty each year that goes to operating footy in that State, no such royalty paid by Vic clubs. Over the past 32 years t royalties paid of $140 mil.
https://thewest.com.au/sport/west-c...e-back-of-2018-afl-premiership-ng-b881095694z
2018
Even after paying a royalty to the WA Football Commission, which helps fund WA football and is likely to be about $3.9 million, West Coast will post a profit of about $7.5 million.
As pointed out earlier, things are not equal across the clubs, never have been, never will be.
Is BHP or Rio donating money when they pay the WA government a royalty when they sell a tonne of iron ore?It's a dividend more than a royalty, royalty makes it sound like we are donating it and deserve an award. THE WAFC own the Eagles and rightfully so substantial profits made by the Eagles and Dockers go to their owners.
Is BHP or Rio donating money when they pay the WA government a royalty when they sell a tonne of iron ore?
It's not a dividend, otherwise the WA clubs would lose their tax exempt status.
Is BHP or Rio donating money when they pay the WA government a royalty when they sell a tonne of iron ore?
It's not a dividend, otherwise the WA clubs would lose their tax exempt status.
Part of the move to AO was the SANFL handed back the licences to the AFL, but the 2 clubs are paying for that privilege by paying to buy them back for over $1m a year between them for 15 years. The starting point at the end of 2013 was the crows around $620k/year and Port $400k/year and its adjusted for inflation each year.Whatever you wish to call it I get fed up with hearing how we give up half our profits to the WAFL or SANFL. When you own your club you won't have to do that. At the moment the WAFC own the Eagles and Dockers. Not sure in SA
Didn't the cops confiscate those assets from bomber?Just to complicate the discussion a little further. Essendon’s net asset position is $36.08M
He he!! The war bonds are what’s left!Didn't the cops confiscate those assets from bomber?
As long as you only take into account part of a season and completely ignore recent seasons.Just a shame not many of them turn up to games. Collingwood’s crowds significantly higher.
Yeah, but only if you ignore the facts.Collingwood bring people through the gate. Richmond do not
Just a shame not many of them turn up to games. Collingwood’s crowds significantly higher.
2 game deals for $50Oh dear Collingwood.....
https://www.smh.com.au/business/col...hs-to-drive-up-membership-20130820-2s8dy.html
Sent from my iPad using righteous Bhodi manpower
You're right. Collingwood do get more games at the MCG than the Tigers. Yet in the last 2 years, Richmond has out-drawn you.lol 5 out of the last 6 Collingwood games are at the mcg!! Collingwood are bigger then Richmond by some Margin. Richmond are the 4 biggest Victorian club around Australia. Outside Victoria no one follows Richmond
You're right. Collingwood do get more games at the MCG than the Tigers. Yet in the last 2 years, Richmond has out-drawn you.
Don't you just hate those pesky facts. They always seem to completely destroy every single argument you come up with.
Back to quoting faceboook surveys for you
I get you want to use part of a season where Collingwood have played more games at the G and in more popular time slots for attendance. That you can only make an argument based on very selective use of statistics, and facebook surveys, indicates that you know that Richmond is the bigger club at this particular period in history.Collingwood are outdrawing Richmond easily 2019!!
Richmond's 1.194 million last year is actually superior to Collingwood's 1.306 million, if you analyse both fixtures.Come back to me when Richmond can actually draw more then 1.2 million during the home and away season. Not even going to mention the 1,306,604 people who attend Collingwood games in 2010 during the home and away season when Richmond cannot even break 1.2 million.