SKIP TO MAIN CONTENT

AFL boss paid $1.7m

The AFL reported record revenue for last year, but its profit was down as more money was distributed to clubs.

20140430000941990992-original.jpg
AFL head Gillion McLachlan. (AAP)

1 min read

Published

Updated

Source: AAP


Skip to article content

Gillon McLachlan earned $1.7 million in his first full year as AFL chief executive.

The league's revenue also reached half a billion dollars for the first time, with an increase of $33m to $506m.

The AFL released its financial accounts on Monday ahead of the league's March 17 annual general meeting.

Last year's figures showed that McLachlan had earned $1.3m in his first seven months as the AFL's boss.

He and his predecessor Andrew Demetriou had received a combined $3.3m for the year.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

The AFL's profit dropped by $10m to $2.5m, which the league said was expected.

AFL expenditure also was up, increasing by $12.7m to $168m.

The AFL distributed $245.2m to clubs, up from $218.3m in 2014.

The league also negotiated its record $2.5 billion broadcast rights agreement, set to start next year.

"During our 2015 financial year, the code has grown its revenue, spectacularly increased our digital footprint, grown our corporate partnerships and club memberships and held strong ground with our attendances and ratings," said AFL commission chairman Mike Fitzpatrick.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world