Lance Franklin's move to the Sydney Swans raised questions about the cost of living allowance that the two Sydney teams receive.

Lance Franklin's move to the Sydney Swans raised questions about the cost of living allowance that the two Sydney teams receive. Photo: Getty Images

Greater Western Sydney says it has a ''valid'' claim to a cost-of-living allowance and should not lose it because of the scrutiny that followed Sydney Swans' contentious signing of Lance Franklin last year.

The Giants and Swans will meet the AFL Commission on Monday to argue why they should retain the controversial allowance.

Collingwood boss Eddie McGuire has been the most vocal opponent of Sydney's salary cap concession and has continually called for its axing.

Swans recruit Kurt Tippett moved from Adelaide in a big money deal.

Swans recruit Kurt Tippett moved from Adelaide in a big money deal. Photo: Getty Images

Both Sydney clubs receive the allowance to defray the higher cost of living in the Harbour City than the rest of Australia.

But it entered the spotlight following the Swans' poaching of Kurt Tippett from Adelaide and then Franklin from Hawthorn.

It was argued the extra salary cap room provided by the allowance helped the 2012 premiers land both key forwards.

Giants chief executive David Matthews said the club was discussing the matter with the AFL Commission and accepted the concession needed ''regular review''.

But he felt the Giants genuinely needed it as he looks to establish the AFL's youngest club in rugby league's heartland.

''We accept that it's something that requires regular review,'' Matthews said. ''We think there's a valid cost-of-living argument, but then again I can understand the scrutiny on the Swans in particular. Whether the Swans still need the assistance is a question for the AFL and the competition generally.

''But that's for the Swans to make a case, we'll make a separate case based on the needs of our club. I think decisions like Franklin invite further scrutiny and whether it's perceived or real, people see that as being assisted by the COLA (cost-of-living allowance).''

Both the Giants and Swans will play in Canberra for the first time, in the NAB Challenge at Manuka Oval on Thursday.

Matthews was looking forward to hosting the 2012 premiers playing on ''our turf'' and was hopeful Franklin would play.

He said the Giants wanted to bring the big teams and players to the nation's capital as part of their $26 million, 10-year deal with the ACT government to play four games in Canberra every year.

''Great to have the Swans coming to our turf in Canberra,'' Matthews said. ''[We'd be] really disappointed if Franklin didn't play, hope he does - we want to play the Swans at their best. Hopefully we get a really big crowd and put in a competitive performance.''