365 Revenue at Chesterfield (29 Viewers)

[Nick]

Who needs a hotel or casino when you can have this?

 

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[ajsccfc]

The Sinnaman, pie and pea supper for £20 all-in? Can't knock that. I'd go £25 for the Dark Destroyer and some fishcakes.

 

[Nick]

I wasn't mocking them by the way, fair play to them! Thinking outside the box, it just shows other clubs do things like this!

 

[chiefdave]

The Sinnaman, pie and pea supper for £20 all-in? Can't knock that. I'd go £25 for the Dark Destroyer and some fishcakes.

As crap as it may be the saddest part is if it makes them some cash they're doing better than us.

 

[italiahorse]

As crap as it may be the saddest part is if it makes them some cash they're doing better than us.

Nothing to stop us hiring the hall and bringing in temporary catering outlets.
A themed CCFC event would be a good selling point.

 

[Captain Dart]

As crap as it may be the saddest part is if it makes them some cash they're doing better than us.

Are they, well not too shabby anyway?

The year end accounts for 2014/15 have been sent out to shareholders ahead of the club's annual general meeting on Monday, November 9.

In relation to the accounts, the following statement has been issued:


The 2014/15 season saw a return to the Sky Bet League 1 and achieving the last place in the play-offs, ultimately losing out to Preston North, who went on to gain promotion.


Immediately after the last match of the season, we lost our manager, Paul Cook, who went to Portsmouth FC and appointed Dean Saunders as his successor. As with all changes in management, there were additional costs in terminating the employment of the coaching staff and bringing in Dean’s own staff.


The final results in the profit and loss account show the company's turnover has increased from £6.34m in the prior year to £7.4m, a rise of 16.7%. This is mainly due to an increase in gate and season ticket receipts, player sales (Liam Cooper and Eoin Doyle) and an increased conference and banqueting activity.


The cash generated from the sale of players meant that the player budget was increased during the season to £1.8m, which was the 14th highest in the league. In total we spent just over £3m on the football side, including players, coaching staff, management and bonuses.


This has led to an overall profit for the year of £84,879, compared against £1,069,818 loss the previous year.


The final figure does not include the major player sales after the year end of Sam Clucas or Tendayi Darikwa.


The net debt at June 30, 2015 was £8,181,728, which was an increase of £198,544 on the previous year.

The AGM of the shareholders will be held on Monday, November 9 at the Proact and will start at 7pm. After the formal part of the meeting, there will be opportunities to put general questions to the chairman, board, chief executive and manager.


Ashley Carson
Company Secretary



Read more at http://www.chesterfield-fc.co.uk/ne...-re-accounts-2753398.aspx#BFLKHcwQZ2okvb9m.99

Meanwhile back with CCFC, the figure is for Sixfields.

The club lost less money playing at Sixfields (operating loss of £6.87m) than it did the season before at the Ricoh Arena (operating loss of £6.93m). However, turnover was cut almost in half during the move to Sixfields - down to £3.75m from £6.57m - and that’s the important figure because it’s what the Football League uses to calculate the amount a club can spend on players.

This shows Chesterfield turnover very close to CCFC turnover for last season fully at Ricoh, but losses are totally different! CCFC lost almost as much as turnover & Chesterfield lost only 200K, peanuts in the grand scheme of things.

 

[covcity4life]

council scum!!!!!!!!!

 

[chiefdave]

This shows Chesterfield turnover very close to CCFC turnover for last season fully at Ricoh, but losses are totally different! CCFC lost almost as much as turnover & Chesterfield lost only 200K, peanuts in the grand scheme of things.

Exactly. Chesterfield play in a 10K capacity stadium with an average attendance of 7K. That gave them a turnover of £7.4m and a profit of £85K (before player sales). Their total debt is at £8m. They finished 6th in L1.

We play in a 32K stadium with (for the last Ricoh season before Northampton) an average attenance of 11K. That gave us a turnover of £6.5m and a loss of £7.2m (before player sales). Our total debt was at £42m. We finished 15th in L1.

 

[Grendel]

Nothing to stop us hiring the hall and bringing in temporary catering outlets.
A themed CCFC event would be a good selling point.

Odd how wasps said that wouldn't work and it's vital that they owned a stadium and not rented one.

 

[chiefdave]

Nothing to stop us hiring the hall and bringing in temporary catering outlets.
A themed CCFC event would be a good selling point.

Indeed but it means you'd be generating a lot less. Most venues won't let you bring in catering outlets so you'd have to use theirs and they would keep the profit. Similarly many places will insist you use their security, ticketing, staff etc. Plus you then have to pay a hire fee. You probably have to purchase the artist rider at way above cost price. You might have to hire the venues PA again at way above cost price.

That's a much different proposition to putting on an event in a venue you own, manage and get the revenues from.

 

[Captain Dart]

Exactly. Chesterfield play in a 10K capacity stadium with an average attendance of 7K. That gave them a turnover of £7.4m and a profit of £85K (before player sales). Their total debt is at £8m. They finished 6th in L1.

We play in a 32K stadium with (for the last Ricoh season before Northampton) an average attenance of 11K. That gave us a turnover of £6.5m and a loss of £7.2m (before player sales). Our total debt was at £42m. We finished 15th in L1.

What about a breakdown of where the turnover number come from? That might shed some light, where is OSB when you need him, the slacker.

 

[Grendel]

Council Dart going out of his way to divert the thread.

 

[Nick]

I think when people like Italia go on about stadiums not making 365 revenue unless they have a casino or hotel, there's a lot of things that can be done.

Walsall also - http://www.wfcthevenue.co.uk/whatson/whats-on/
Gillingham - http://www.priestfield.com/events/2015-12-31/new-years-eve/
Burton - http://www.burtonalbionfc.co.uk/commercial/Events/

It doesn't have to have a huge concert hall or hotel to be able to make money all year round does it?

 

[torchomatic]

And straightaway we're giving Wasps cash for the privilege.

Nothing to stop us hiring the hall and bringing in temporary catering outlets.
A themed CCFC event would be a good selling point.

 

[harvey098]

In fairness he is a comedian outside of the chase (Done regular Edinburgh shows etc) so its not quite as random as it first appears.

 

[italiahorse]

Indeed but it means you'd be generating a lot less. Most venues won't let you bring in catering outlets so you'd have to use theirs and they would keep the profit. Similarly many places will insist you use their security, ticketing, staff etc. Plus you then have to pay a hire fee. You probably have to purchase the artist rider at way above cost price. You might have to hire the venues PA again at way above cost price.

That's a much different proposition to putting on an event in a venue you own, manage and get the revenues from.

You can at the Ricoh if you satisfy h&s requirements.
.... and you only need to hire it not maintain it.
I guess it will compromise Sisu legal position of they actually made a go of it.
Still.... its easy to be a victim.

 

[skybluetony176]

As crap as it may be the saddest part is if it makes them some cash they're doing better than us.

So let's say we're in the championship with potential 20k crowds but we're in our 15k stadium in the Butts losing potentially 5k+ in ticket revenue every home game how many of these shows will we have to put on every year to recover the lost ticket revenue?

 

[italiahorse]

Council Dart going out of his way to divert the thread.

Yes why let the facts get in the way of a good moan.
Keep on peddling the Sisu wounded animal line for them.
They are getting away with murder on not releasing facts to us and people on here try to justify it for them.

 

[Grendel]

So let's say we're in the championship with potential 20k crowds but we're in our 15k stadium in the Butts losing potentially 5k+ in ticket revenue every home game how many of these shows will we have to put on every year to recover the lost ticket revenue?

You would get more revenue as you could sell out the stadium and therefore the ticket prices would be higher.

Demand and supply.

 

[italiahorse]

And straightaway we're giving Wasps cash for the privilege.

Then hire somewhere else, stop being a victim.

 

[italiahorse]

You would get more revenue as you could sell out the stadium and therefore the ticket prices would be higher.

Demand and supply.

Yes we could price out fans that are not in good jobs. If your unemployed then do something else with your time. :claping hands:

 

[Grendel]

Yes we could price out fans that are not in good jobs. If your unemployed then do something else with your time. :claping hands:

If as is being suggested the stadium would sell more than capacity obviously deals and promotions no longer are necessary. Season ticket revenue would be maximised and full prices charged.

When it's too big, as wasps now are finding out, then the freebies the free pints and all other non premium marketing policies have to be persued.

 

[skybluetony176]

You would get more revenue as you could sell out the stadium and therefore the ticket prices would be higher.

Demand and supply.

And that would work would it? Based on what?

 

[Grendel]

Then hire somewhere else, stop being a victim.

Yet wasps said sporting clubs can only proposer if they own their own stadium.......

 

[Nick]

Then hire somewhere else, stop being a victim.

Kind of defeats the object doesn't it?

 

[Captain Dart]

If as is being suggested the stadium would sell more than capacity obviously deals and promotions no longer are necessary. Season ticket revenue would be maximised and full prices charged.

When it's too big, as wasps now are finding out, then the freebies the free pints and all other non premium marketing policies have to be persued.

An argument for higher prices and no doubt a more suitable exclusive crowd, could make a killing on prawn sarnis I expect.

I say do you not like the unwashed hoi polloi.

 

[Grendel]

An argument for higher prices and no doubt a more suitable exclusive crowd, could make a killing on prawn sarnis I expect.

I say do you not like the unwashed hoi polloi.

More council dart diversion.

 

[skybluetony176]

More council dart diversion.

So how would it work then? Can you give us a comparable? A club of similar size who have quite deliberately reduced there capacity and increased prices to compensate the losses as a way of increasing turnover?

 

[Captain Dart]

More council dart diversion.

And what is this shit about council if it isn't more diversion, WTF are you talking about dumb boy.

 

[Grendel]

So how would it work then? Can you give us a comparable? A club of similar size who have quite deliberately reduced there capacity and increased prices to compensate the losses as a way of increasing turnover?

There are numerous clubs with less capacity than they used to have.

I haven't suggested that they increase prices - I am quoting the basic economic law of demand versus supply.

Is this a concept you have not heard of? Shall I explain it to you?

 

[Grendel]

And what is this shit about council if it isn't more diversion, WTF are you talking about dumb boy.

It's clearly a parody of your username given your obsession with all things council. This is a thread on the benefits extra revenue gives. You do not seem keen to discuss that aspect of it council dart.

 

[Grendel]

Oh and while we are at it if you look at average prices when the club did get 20,000 at the Ricoh they were around £10 per head so the loss on 5,000 would be around £1 million. Without doubt naming rights and ground and stand sponsorship would make up most of that shortfall before demand and supply economics are factored into the pricing strategy.

 

[ajsccfc]

The Beast is my favourite. Looks jolly but could also crush you into dust. They make a bit much of the woman being all big and ugly at times, it's not nice.

 

[skybluetony176]

There are numerous clubs with less capacity than they used to have.

I haven't suggested that they increase prices - I am quoting the basic economic law of demand versus supply.

Is this a concept you have not heard of? Shall I explain it to you?

Naa. You should ring billionaire Roman Abramovich that loser has only just applied for planning permission to redevelop Stamford Bridge to INCREASE capacity. What a waster, all he has to do is close a few blocks and put prices up. It equals the same according to the Grendull school of economics. I bet he has a light bulb moment when you tell him and it all of a sudden becomes clear why he's been a failure all his life.

 

[skybluetony176]

Oh and while we are at it if you look at average prices when the club did get 20,000 at the Ricoh they were around £10 per head so the loss on 5,000 would be around £1 million. Without doubt naming rights and ground and stand sponsorship would make up most of that shortfall before demand and supply economics are factored into the pricing strategy.

If only you were there when Championship club Derby Country last sold their Stadium naming rites for their 33k stadium. Someone must have seen them coming as they only got £7M over 10 years. Mind you they are the same idiots who abandoned their last stadium for a bigger ground when all they had to do was put the prices up. Supply and demand init.