This presentation will focus on corporate governance practices within the pre-eminent sporting competition in Australia, the Australian Football League. The AFL is the custodian of the most successful football code in the country and is responsible for the organisation of the most popular national sports league and the long-term development of the game. The AFL comprises sixteen clubs from across Australia. Although originally formed as amateur organisations and managed by volunteers, the clubs are now multi-million dollar enterprises run by professional sports administrators and governed by boards of directors. During the 1980s mismanagement in the AFL was common, illustrating the need to improve standards of club governance. The key governance issue in many sports is to ensure continued financial stability whilst limiting the perception by supporters that they are being disenfranchised in favour of corporate sponsors and the media. With this in mind, the discussion will focus on governance practices in AFL clubs.