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The Dolphins discussion
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[QUOTE="nopatience101, post: 3329334, member: 1755"] That’s because the media usually only report their football club finances- separate from their leagues club. The leagues clubs support the NRL football clubs with annual grants, usually to cover any loses each year. But they have separate management, boards & governance, the leagues clubs are accountable to members & can't just spend all their money on the nrl side. Its all freely available from the leagues clubs annual reports; [URL='https://www.parraleagues.com.au/annual-report/']Parramatta [/URL](130m+ assets, 82m+ rev), [URL='https://canterbury.com.au/wp-content/uploads/2021/02/2020-Canterbury-League-Club-Financial-Report.pdf']Canterbury [/URL]$230m+ assets, $86m rev), [URL='https://eastsgroup.com.au/content/uploads/2021/02/ELG_AnnualReport_2020-WEB.pdf']Easts [/URL]($157m assets, $45m rev), [URL='https://mywests.com.au/assets/Western-Suburbs-Ncle-Leagues-Club-Limited-FS-Final-Signed.pdf']Wests newcastle[/URL] ($300m assets, $143m rev), [URL='https://drive.google.com/file/d/1CK-DI8-3vpzcYK76ONGT4HTRsqQMyhdS/view']Wests Magpies[/URL] ($120m assets, $130m rev). The dolphins LC will make more, but they are essentially backers of a startup- with an annual nrl grant of $13m the only revenue guaranteed. They have to pay for coaching staff, admin, marketing, suncorp lease which runs at about $250k per game, which means they probably won't make money on the gate until the stadium is half full, etc. [/QUOTE]
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