Football Australia reports small deficit during second half of 2023

Football Australia’s 21st Annual General Meeting has been advised of strategic progress in the sport despite recording a net operating deficit of $200,000 for the second half of 2023.

Held in Adelaide and via videoconference, the AGM coincided with the release of the Football Australia 2023 Abridged Annual Review - covering the six months up to 31st December 2023. The transition period arose following Football Australia's shift to a calendar-based financial year, aligning the financial reporting with Football Australia’s operational season.

The AGM also saw members consider the annual budget for the current financial year, Joseph Carrozzi re-elected to the board.

Additionally, the meeting addressed the ratification of Dr Deidre Anderson as a member and the Chair of the Women’s Football Council, an appointment met with unanimous support.

Following the AGM, the Board convened and unanimously re-elected Anter Isaac as Chairman and Jaclyn Lee-Joe as Deputy Chair.

Speaking after the meeting, Isaac stated "I am delighted to congratulate Joseph Carrozzi on his re-election to the Board, and I warmly welcome Deidre Anderson as a Member and new Chair of the Women's Football Council.

“Their collective expertise and dedicated leadership are pivotal as we continue to drive our strategic vision and foster growth across all levels of Australian football."

He added “the past six months have been crucial in setting our strategic direction toward sustainability and growth at all levels.

"Our Board has pivoted from short-term, transactional thinking to embrace a strategic, long-term vision, fostering a culture where trust, capability, and capacity thrive.

"This shift is supported by substantial investments in our systems and processes, aligning our operations more closely with the football season to enhance efficiencies. Moreover, strategic appointments like that of Gary Moretti as Head of National Teams underscore our commitment to improving performance and leadership.

"Looking ahead, we are committed to fostering collaboration and unity, essential for the long-term success and growth of Australian football.

"We aim to maintain a formidable, stable, and dependable presence, both locally and internationally. Navigating the evolving landscape of football with confidence, we believe in our collective ability to ensure that Australian football not only thrives but also continues to inspire national pride through its achievements.”

Click here to read Football Australia’s 2023 Abridged Annual Review, which includes financial and strategic updates.

Image: Matildas fans at Sydney's Accor Stadium during the 2023 FIFA Womens World Cup. Credit: Accor Stadium.