NRL clubs receive up to $ 7 million in funding for lost home game revenue, relocations
The NRL will distribute a total of $ 7 million in COVID-19 relief packages to clubs to make up for lost revenue due to lack of crowds and home games.
- NRL boss Andrew Abdo said moving to Queensland and not being able to have crowds at times hurt the game “significantly”
- The NRL and its clubs to take more blows throughout the final series
- Saturday’s Penrith-Parramatta clash alone will suffer an estimated loss of $ 1.5 million
Clubs in New South Wales, the Australian Capital Territory and Victoria are struggling with lockdowns and closed league venues affecting their results.
Each club will receive approximately $ 100,000 for each home game lost, either due to relocation or games played without crowds.
In Sydney, the NRL last performed in front of fans at the end of June, while clubs in Queensland were hit by the loss of nearly two weekends without spectators.
At the end of this season, the NRL has its own relocation costs which added an additional $ 30 million to expenses as well as a loss of revenue of $ 30 million.
“The game has fought hard this year to keep going despite the challenges of the pandemic,” said NRL CEO Andrew Abdo.
“The LNR has seen growth in commercial revenues and has also significantly reduced its costs.
“Therefore, the committee approved additional financial support for clubs resulting from the impact of COVID-19 on the [sport’s] financial ecosystem, especially for clubs [that] had to move and not perform in front of their audience. “
Finals income also down
The NRL and its clubs will continue to feel the pinch throughout the final series, with an estimated loss of $ 1.5 million in Saturday’s Penrith-Parramatta clash.
The match should have sold 30,000 seats at Western Sydney Stadium or attracted nearly 50,000 at Sydney Olympic Park, but it will now only have 12,000 fans in Mackay.
South Sydney Rabbitoh’s home final – against the Sydney Roosters or the Manly Sea Eagles – next week faces a similar scenario.
League merchandise and club spending will also be reduced for the teams that advance to the Grand Final and the team that ultimately wins the Premier.
Dally M change
The NRL also confirmed on Thursday that the Dally M Awards will be held for the first time over two nights.
Under the new system, the Dally M medal race will be reduced to a shortlist of five men after the first night.
Top try scorer, point scorer, tackle of the year, try of the year and hard-earned award will all be presented on September 20, ahead of the major gongs announced on September 27.