Report On

RFL Company LTD.

Submitted to

Sisili Rahman
Course Instructor
Department of Business Administration

Submitted by-
Md. sakib hossain 15202007

Abdullah nur islam 15202009

khwaja rabeed bin hassan 12202009
Shamiul islam 12202018

Sabbir hossain 15202016

Date of Submission: 17th August, 2017

 Letter of Transmittal

August 17, 2017

Sisili Rahman
Course Instructor
University of Asia Pacific

Subject: Letter of submission the term paper.

Dear Madam,

This is our pleasure to submit you the term paper on RFL industry in Bangladesh. We have studied
broadly how this industry in Bangladesh is creating daily necessary products for people though they
pay a large number of taxes to the government. This paper aims to discuss the statistical analysis.

Moreover, we hope that our work will please you. We want to have the privilege to give answers to any
of your queries.

Sincerely;

Md.sakib hossain 15202007

Abdullah nur isalm 15202009

khwaja rabeed bin hassan 12202009
Shamiul islam 12202018

Sabbir Hossain 15202016

Introduction:
The Watkins Review of Rugby League Governance, undertaken in 2012 and approved by the
RFL Council in July 2012, made a number of recommendations. it is intended that this review of
RFL policy is timed to coincide with the end of the second Licensing period of December 2014.
Therefore the proposals set out below are expected to be introduced for the commencement of
the 2015 season, or earlier, as required as part of the transitional arrangements. The RFL’s Policy
Review has sought to engage all stakeholder groups concerned with the wellbeing of the sport.
Extensive consultation has taken place with the three major management forums of the club
game; Super League Europe Ltd, the Championships Clubs’ Forum and the Community Board.
In addition, the RFL has consulted with representatives of the professional playing organisation,
the Super League coaches’ forum, spectator groups and focus groups containing members of
public not ordinarily associated with Rugby League. Moreover, detailed discussions have also
involved the sport’s broadcasting and commercial partners.

Executive Summary:

The review of RFL policies was stimulated, in part, by a progressive deterioration of professional
club financial performance. While some of the underlying factors were undoubtedly due to the
wider economy, and some as a result of individual poor club management, a very legitimate
question remained as to whether the competition structure and the licenced league environment
worked positively or negatively against overall club financial performance. The conclusion of
the independent RFL Executive is that whatever benefits a licensed league may provide, and
there are indeed some, they do not outweigh the negatives that occur as a consequence of it.
Accordingly there is a clear recommendation to restore annual promotion and relegation from
2015. Notwithstanding this, the Executive are very clear that the restoration of promotion and
relegation in itself is not the panacea to all the sport’s financial challenges. For this to work and
serve its fundamental purpose of invigorating competition at all levels, having a positive impact
on club finances whilst allowing well run clubs the chance to flourish at their own level, then the
structure of the competition and the financial underpinning of the professional game need
adjusting. Accordingly, the central recommendation for a new league structure is the creation of
two top tiers of 12 clubs playing in leagues that, after 23 rounds, move into 7 game play off
leagues. This, in turn, necessitates changes to the financial distribution model that these clubs
can expect, however, the underlying principle is that the money freed up, by reducing Tier 1
(Super League) to 12 clubs, is used primarily to position the top of Tier 2 closer to Tier 1, while
also making virtually all clubs better off. Clearly the figures contained in this report represent
what is currently affordable for the sport. However it is the strong view of the Executive that the
adoption of these changes will facilitate a positive discussion about the sport’s broadcasting and
commercial arrangements for 2015, with the expectation that the figures contained in this report
represent a minimum funding position for 2015 onwards. Therefore, at this stage, it is thought
appropriate to simply set out the proportionate split that should be aspired to in the new era. This
approach to an aggregated selling of the sport is seen as a fundamental advancement and one
which represents the best chance of maximising our revenue streams going forward. It has
become apparent that partners increasingly want to engage with the whole sport from primary
Rugby League, through the Community Game, into the semi and fully professional ranks and,
finally, internationally. A central tenet of the ‘whole game approach’ is the interdependency of
every aspect of the sport. The Community Game will require nurturing and support to develop
players, supporters and viewers while it is recognised that the professional game needs the
freedom to grow their businesses, retain talent and generate shareholder return based upon a
minimal legislative regulatory framework.

The line graph showing relation between Net Income & Cost of Goods Sold

cost of goods sold

800000000

700000000

600000000

500000000

400000000
cost of goods sold
300000000

200000000

100000000

0
685966870 613959750 754055862 804838196 892117388
The line graph showing relation between Net Income & Tax:

tax amount
14000000

12000000

10000000

8000000

tax amount
6000000

4000000

2000000

0
685966870 613959750 754055862 804838196 892117388
The line graph showing relation between Net Income & Interest Expense:
70000000

60000000

50000000

40000000 interest expenses

Series 2
30000000
Series 3

20000000

10000000

0
685966870 613959750 754055862 804838196 892117388

The line graph showing relation between Net Income & Depreciation

depreciation
12000000

10000000

8000000

6000000
depreciation

4000000

2000000

0
685966870 613959750 754055862 804838196 892117388
The line graph showing relation between Net Income & Selling & Administrative

selling and administration

60000000

50000000

40000000

30000000

20000000 selling and administration

10000000

Co-efficient of Correlation (r) between Net Income and other items:

Interpretation:

The co-efficient of correlation is denoted by r,

The co-efficient of correlation between net income and depreciation is weak positive .
The co-efficient of correlation between net income and interest expense is strongly positive. The co-
efficient of correlation between net income and COGS is weak negative. The co-efficient of correlation
between net income and tax is weak negative. The co-efficient of correlation between net income and
selling & Administrative is positively weak.

Descriptive Statistics:

Interpretation:

The mean of Net Income is750187613.2.standard error 47868593.61.the median is 754055862 and the
standard deviation is 107037429.3.

The mean of Depreciation is 10043840.2.standard error 345151.1539. the median is 9940659 and the
standard deviation is 771781.4426.

The mean of Interest Expense is 56671110.6.standard error 2540980.11; the median is 59926007and
the standard deviation is 5681804.25.
The mean of COGS is 592666281.4; standard error 35896632.3; the median is 603125520 and the
standard deviation is 80267309.99.
The mean of Tax is 9511176 standard error 758134.7507; the median is 8614807 and the standard
deviation is 1695240.839.
the mean of Selling & Administration is 34368660; the standard error is 6734520.818 ; the median
40877187 and the standard deviation is 15058846.43
. Regression

Interpretation:
Net Income= a+b1x1+b2x2+b3x3+b4x4……….
The Net Income will be 44799169 if independent is 0

Y= 44799169+ 0* depreciation

Y= 44799169The Net Income will be 44799169 if independent is 0

Y=44799169+ 0* interest Expense

Y= 44799169

The Net Income will be 44799169 if independent is 0

Y= 44799169+ 0 *cost of good sold

Y= 44799169

The Net Income will be 44799169 if independent is 0

Y= 44799169+ 0* tax

Y= 44799169

Conclusion

We analyzed the data of RFL and the line chart, Co-efficient of Correlation, descriptive statistics and
regression and by the analyses we can conclude that RFL company in Bangladesh is in a progressive
situation.

Appendix

RFL Company Limited

Statement of Financial Position