SANFL finances improving, says president

Updated March 20, 2012 10:28:14

SANFL president John Olsen says the league's financial performance improved last year, aside of one-off costs.

The SANFL has reported a loss of $3.8 million, which has been attributed to support given to troubled Port Adelaide Football Club in 2010.

Mr Olsen said aside of that cost there would have been surplus of about $1 million for 2011.

"Our first quarter results this year show yet again a slight improvement," he said.

"In that context we've stabilised factors that have had significant negative impact in 2010.

"We've seen a turnaround evident in 2011. Now what we've got to do in 2012 is move that into positive territory."

Tags: sanfl, community-organisations, sa, adelaide-5000

First posted March 20, 2012 10:28:14

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AFL to assist Lions' ailing finances

Posted June 12, 2011 14:09:00

The Brisbane Lions have confirmed they are struggling financially after a combination of administrative problems and the recent Queensland natural disasters.

A spokesman has confirmed the club is receiving assistance from the AFL but says the situation is not critical.

He says attendance at home games is down about 25 per cent, and three senior AFL executives are in Brisbane to help get the club's finances back in order.

The spokseman says a financial rescue package is expected to be finalised within the next few months.

Tags: sport, australian-football-league, australia, qld, brisbane-4000

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