The West Coast Eagles Football Club is pleased to announce a net operating surplus for the 2023 season of $1,976,154 (2022: $3,463,902).
This is another strong financial result which can be attributed largely to the club’s loyal member base and the continued support received from sponsors and corporate partners.
Despite disappointing on-field performances, average home game attendances ranked sixth across the AFL which is again testament to the wonderful support that the club receives from our dedicated members and fans. These factors combined to drive a seven percent increase in revenue, being a return to near pre-pandemic levels.
Offsetting this revenue uplift were increases in various cost areas of the football club, the result of the broader economic inflationary environment, along with increases in both player and football department spending limits. In total, the club’s investment in its men’s and women’s football programs increased by $2.5m.
The club also continued its on-going support of the WA football community, with a royalty payment of $2m to the WA Football Commission and a further $600,000 in WAFL licence fees.
From a grassroots perspective, the club expanded its presence in regional Western Australia and its support of local football and youth engagement programs.
The club remains in a strong financial position heading into the 2024 season.