Profit for AFL Lions after successful 2019
After a successful AFL season on the field, Brisbane have capped their 2019 by posting the club's first profit in 12 years.
Figures released on Friday revealed the Lions made $648,618 for the year ending October 31.
It's the first time the Lions have made a profit since 2007.
The profit was generated through increases to membership and attendance as the Lions finished inside the top four to reach their first finals series in a decade.
The final membership tally of 28,821 was the club's highest since 2005 and a 15 per cent increase on last year's numbers.
Attendances were also up 34 per cent on 2018, thanks to sell-outs against Collingwood and Geelong and a record AFL crowd at the Gabba of 37,478 for the qualifying final against Richmond.
The club also secured federal and state government funding for a new training and administration facility.
"I am really pleased that our off-field team has been able to translate our on-field improvement this year into financial improvement," Lions chairman Andrew Wellington said.
"Going forward, the increased membership and crowds, in conjunction with more free-to-air games, increases our value proposition to sponsors and other key stakeholders, helping us drive the club to a more financially sustainable position."
