Picture: Colleen Petch. Source: HeraldSun.com.au

Geelong pleading with AFL for financial help

The AFL Commission has been approached by Geelong for financial relief, with the Cats set to lose close to $500,000 this season.

The Cats have asked the League to lower the equalisation tax after the club looks headed for a second successive six figure loss.

Many clubs remain staggered at the AFL’s disproportionate wealth tax, with Geelong contributing $300,000 to the tax this year and set to contribute $400,000 next year, compared to the capped contributions of $500,000 forĀ  wealthy clubs such as Hawthorn, Collingwood and West Coast.

Geelong chief Brian Cook made a formal submission to the AFL last month.

Read more at TheAge.com.au

 

Comments