The Mornington Peninsula Nepean Football League (MPNFL) has capitalised on a wonderful first season of divisional competition with strong financial results presented at the 2018 Annual General Meeting (AGM) conducted at Linen House, Seaford.
A hugely successful finals series – across both divisions - paved the way for the MPNFL to record a net profit of $145,000, a turnaround of $245,000 on 2017, to end the financial year in a strong position with net assets totalling $500,000.
A memorable Division One grand final between Pines and Sorrento attracted record gate takings of $85,000 – up $30,000 from 2017 – while the restructuring of the early rounds of finals also provided a significant increase in revenue.
Combined football/netball finals held at Hastings, Mornington and Somerville were all well attended and highlighted the strong attraction to community sport on the Peninsula.
Hosting finals at these club venues, as well as Chelsea and Rye, also helped ease the burden of costs associated with hosting the early rounds of finals at Frankston Park in previous years.
AFLSE Region General Manager John Anderson said the improved financial result had put the MPNFL in a strong position moving forward. Anderson said the success of finals, and robust support from major partners had helped AFLSE deliver on one of its key objectives in 2018.
“AFL South East’s commitment to the clubs was to rebuild the financial position of the league after several years of significant debt,” Anderson said.
“The success of this year’s finals was a key contributor to the result, no doubt, but we are also grateful for the added support from our major partners, Steller, Chisholm, Bendigo Bank, Mornington Racing Club and CROSSRAY BBQs.
“With a much stronger balance sheet, the objective now is for the league to maintain annual surpluses and retain a strong net asset position. This will safeguard the long-term future of one of the strongest football-netball leagues in the state.”
MPNFL clubs were also informed at the meeting that their fees would remain unchanged for the 2019 season, but with additional services – such as social media packages with AFLSE partner GameFace - to be provided at no extra cost to clubs.
Other highlights on the night included Peter Wakeling being voted in as the MPNFL Representative on the AFLSE Commission, while the publication of the 2018 AFLSE Annual Report was also well received by clubs.
The 2018 Annual Report can be viewed, and is available for download, via the AFLSE website at Media – Annual Reports.