The 268-page business case leaked on Thursday and made public on Friday has shown a state team would operate on a similar basis to smaller existing AFL clubs.

A fan base of 35,000 and concurrent state taxpayer funds of between $8-11million per annum in return for an estimated $110 million from 11 home games in Launceston and Hobart would make it viable.

Tasmanians have handed over millions to Hawthorn and North Melbourne, yet the AFL continues to hold a history-laden football state with contempt while writing blank cheques to NSW and Queensland all in the name of profit.

Tasmanians are losing interest in the status quo deals and the report predicts AFL will fail to be the state's number one sport by 2030. This comes as no surprise considering the league's lack of investment.

The pathway to the AFL in Tasmania is extremely thin despite the promises to level the playing field.

As has been oft-repeated, a team in Tasmania would help turn that sentiment around.

Basing a team in Hobart isn't a deal-breaker if that is the most appropriate advice to lead to greater retention, however, Tasmania does not need another costly stadium built at Macquarie Point.

Money would be better spent upgrading the two AFL venues we have to a satisfactory capacity.

With Bellerive Oval devoid of virtually any international cricket, the two venues are barely used now so to build a third is seemingly ridiculous.

Tasmania is being asked by the AFL to jump through unprecedented hoops to prove its worthiness and while the report debunks many myths, it is worthless if the AFL Commission doesn't change its treatment of Tasmania.

Does it want a 19th or 20th team, does it believe the report's findings and is it willing to invest in us like we have been propping up the Hawks and North Melbourne for them?

If this business case stacks up, it may be time for Premier Peter Gutwein to give the AFL an ultimatum - support us or we will take our millions and invest it elsewhere.