Set to announce a massive profit, the Blues will join four other power clubs who do not receive additional funding from the AFL.
For the first time since the expansion of the competition to 18 teams, Carlton will receive no additional funding from the AFL next year, on the back of a massive profit.
Carlton and competition sources have confirmed the massive turnaround in Carlton’s financial position will make it one of five AFL clubs that receive zero in what is called “variable funding.” Collingwood, West Coast, Richmond and Hawthorn have been the same four clubs to receive zero in variable funding for several years, while expansion teams Greater Western Sydney and Gold Coast receive easily the largest share of additional funding, with a total of more than $25 million, including the base funds, in 2023.
The $12 million in base funding does not cover the salary cap for AFL – which was $15.788 million per club this year – let alone the football budgets of clubs, plus the AFLW costs. Collingwood president Jeff Browne has pushed for the gap between base funding and the salary cap to be closed. The salary cap will rise to $18,440,415 in 2027.
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