Author Topic: Demetriou's pay drop / AFL records rare net loss (afl site)  (Read 1206 times)

Offline one-eyed

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Demetriou's pay drop / AFL records rare net loss (afl site)
« on: February 17, 2012, 11:28:15 AM »
AFL CHIEF executive Andrew Demetriou earned $400,000 less in 2011 than he did in 2010.

The League chief's total salary package came in at $1.8 million, down from $2.2 million the year before.

It included a base payment of $1.4 million and a $400,000 bonus.

His salary was higher in 2010 because he received a long-term retention bonus.

In total the nine member executive team earned $5.08 million in salaries and bonuses.

Other figures released on Friday confirm new highs in participation and membership:

    Record participation - 791,178 from the previous mark of 751,015.
    Record club membership- 650,373 compared to 614,251 in 2010.
    Average attendance - 34,893 which puts the AFL in the top four in the professional sporting world.

Last year's total attendance for all matches from NAB Cup to the finals was 7,488,198, another new record. It also tops the 2010 figure, which was boosted by the Grand Final replay.

http://www.afl.com.au/news/newsarticle/tabid/208/newsid/129089/default.aspx

THE AFL has posted its first net loss in a decade - with the League declaring a deficit of $23.6 million.

The loss has been blamed predominantly on the League pressing fast-forward on expansion plans, but AFL Commission chairman Mike Fitzpatrick says it's worth it.

"The AFL commission is aiming to recoup the net loss during the next five years by generating profits of at least this amount," he said.

The League recorded record revenue of $343 million, up 2 per cent, and an operating surplus of $234 million, up from $230 million.

Clubs were provided with total funding of $159 million.

http://www.afl.com.au/news/newsarticle/tabid/208/newsid/129091/default.aspx

Offline rogerd3

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Re: Demetriou's pay drop / AFL records rare net loss (afl site)
« Reply #1 on: February 17, 2012, 02:05:40 PM »
geez Andy D had done well for himself...

lets hope he shouts the bar... :cheers