My understanding is that it is the latter - but this is not news. It has been in the public domain for years.
It is still a "so what". The AFL gives all clubs varying levels of financial distribution according to their need. The argument is that the cost of compensating players for the additional COL is one that only the Swans (and now Giants) incur. Hence it is funded by the AFL.
It is still a "so what". The AFL gives all clubs varying levels of financial distribution according to their need. The argument is that the cost of compensating players for the additional COL is one that only the Swans (and now Giants) incur. Hence it is funded by the AFL.

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