The AFL has avoided a catastrophic financial result after the mid-season stoppage, with CEO Gillon McLachlan revealing the full fallout of the COVID-19 pandemic.<\/p>\n
The league initially feared that it could lose up to $1 billion when the season was put on hold indefinitely after Round 1 in March, but has emerged with losses of less than $100 million according to the league boss.<\/p>\n
After being able to complete the modified 17-game season as well as a full finals series, with fans in many venues in Queensland, the AFL was able to avoid the full brunt of the financial blow brought about by the coronavirus.<\/p>\n
"I think the industry's done an amazing job and I want to thank everyone who made a commitment to get us there," McLachlan said.<\/p>\n
<\/p>\n
"Staff, players, supporters, members keeping their memberships in, corporates, sponsors, broadcasters, everyone did their bit.<\/p>\n
"The industry revenue was down substantially, but through the hard work of all those groups I mentioned we're going to come out (with) aggregate industry losses that'll be under $100 million.<\/p>\n
"That is certainly a long way from where we thought, and that's across all clubs and the league."<\/p>\n
After enduring a tough 2020 season, the AFL is expected to return to its normal 22-game schedule for the 2021 season.<\/p>\n","protected":false},"excerpt":{"rendered":"
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