Fremantle Football Club has announced an operating profit of $1.64m after the royalty payment of $1.84m to the WAFC for the 2023 financial year. The Club’s underlying operating profit before the WAFC royalty contribution was $3.47m.
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President Chris Sutherland reflected on the Club's third consecutive year of achieving an operating profit of more than one million dollars.
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“Our financial stability is a direct result of our collective efforts and strategic focus and ensures we remain a leader in the AFL as a financially independent club,” Sutherland said.
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“To also see us achieve record membership of 62,245 is a testament to our loyal fanbase."
The Club’s revenue growth has enabled substantial investment back into its key Club pillars of Community and Football.
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Sutherland also highlighted the Club's community contributions including the investment from the Club and the City of Cockburn, in the upcoming financial year, to build a 250-seat spectator viewing area, as well as state-of-the-art AFL Women’s and community changerooms at its home base in Cockburn Central.
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“The expansion at Cockburn is more than just scaling up infrastructure to meet the growing demands of our current facility; it’s about building a legacy for community engagement and sports participation,” Sutherland said.
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“Our WAFC Royalty contribution of $1.84m and continued investment in our Next Generation Academies and the Purple Hands Foundation demonstrate the significant and positive impacts we have across the community."