The Brisbane Lions AFC today announced a net operating loss of $3.5 million for the financial year, ending 31 October, 2014.
The Club generated a trading loss of $1 million prior to depreciation and interest costs.
The key points of the Lions’ 2014 Financial Report are:
- Total Club turnover of $46.5 million
- Football department expenditure of $18.6 million
- Social Club turnover of $15.4 million
The Club has been working with the AFL to implement a range of operational changes aimed at improving financial performance and to ensure the Club benefits fully from the competitive balance model.