ANZ Stadium, Brisbane, Australia, January 11, 2020.
The Australian Football League (AFL) has appointed a business investment banker to lead its business investment group and has awarded the Brisbane-based investment bank a $250,000 bonus, according to the Sydney Morning Herald.
The group will be responsible for managing the club’s $2.8 billion financial commitments and a range of other business opportunities, including investments in sporting and entertainment properties.
The AFL said the bank’s appointment was announced on Monday.
The news was first reported by the ABC.
The Australian Financial Review reported that the bank will manage a range, including a football stadium project, the purchase of an existing stadium for the AFL and an NRL stadium project.
The Sydney Morning Post reported the AFL had previously signed an agreement to acquire the A-League club, with the club due to begin playing at the Brisbane Cricket Ground in 2020.
Topics:business-economics-and-finance,australiaFirst posted January 11, 2021 17:58:21Contact Frank [email protected]