torchomatic
Well-Known Member
Don't disagree. However, it's not really any different to the CT who managed to make an article over hte fairly low number of respondents to the Trust poll.
They're all at it.
They're all at it.
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- Thread starter torchomatic
- Start date
stupot07
Well-Known Member
£6m means that every visitor spent something like £220 each on top of their ticket. No chance. I certainly don't spend £660 when I go and watch city with my 4 year old and my grandad.
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italiahorse
Well-Known Member
£6m means that every visitor spent something like £220 each on top of their ticket. No chance. I certainly don't spend £660 when I go and watch city with my 4 year old and my grandad.
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If I went to Wembley for the play offs I would be near that with Hotel and entertainment.
Don't forget there are other income streams like advertising, hotels, entertainment, corporate, parking, travel ..... I could go on.
dongonzalos
Well-Known Member
£6m means that every visitor spent something like £220 each on top of their ticket. No chance. I certainly don't spend £660 when I go and watch city with my 4 year old and my grandad.
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Ever heard of the multiplier effect?
stupot07
Well-Known Member
But £6m? £220 per person? Really? We're talking about local economy, not virgin trains, etc. So all 22k that attended stayed in a hotel, etc?
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torchomatic
Well-Known Member
We're not talking about Wembley and a play off final though, are we? You may as well say when I go on holiday...
torchomatic
Well-Known Member
Is that similar to the Desperately Trying To Justify A Franchise Moving 85 Miles To A City Without Any Connection Effect? I get confused over these kind of things.
stupot07
Well-Known Member
Yes
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italiahorse
Well-Known Member
But £6m? £220 per person? Really? We're talking about local economy, not virgin trains, etc. So all 22k that attended stayed in a hotel, etc?
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It's not just fans on the day it's the knock on effect.
Businesses get a feel good factor and invest in their infrastructure.
Coventry gets recognition for tourism, business etc for years to come.
Could even say Wasps may not be here now if they never came that year.
It's always a 'loose', certainly optimistic calculation, more for selling the event decision than can actually be proven to be right or wrong.
dongonzalos
Well-Known Member
No it's just this ........
Every time there is an injection of new demand into the circular flow there is likely to be a multiplier effect. This is because an injection of extra income leads to more spending, which creates more income, and so on. The multiplier effect refers to the increase in final income arising from any new injection of spending.
It's easy to get confused, especially when the heart rules over the head.
dongonzalos
Well-Known Member
Yes
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There's your answer then.
italiahorse
Well-Known Member
They can justify it on finances but never on the morals of it.
Only time will tell on the first part.
Is it best to exist financially or go out of business based on your morals ?
stupot07
Well-Known Member
Not really, because I don't buy it, and I'm sure there are no cold hard figures to actually back it up....and they ballsed up the figures anyway, said 28k were at that wasps match when there were only 22k.
Either that or our game on Saturday brought in around £1.7m into the local economy....
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Captain Dart
Well-Known Member
Not really, because I don't buy it, and I'm sure there are no cold hard figures to actually back it up....
Either that or our game on Saturday brought in around £1.7m into the local economy....
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Perhaps you can ask Rob Stevens where he got his figures about the benefit of Sky Blues playing in Coventry from, he said £20M lost because Sky Blues not here? That is the best part of £1M per game..
http://www.coventrytelegraph.net/news/coventry-news/any-sky-blues-return-must-6353243
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John_Silletts_Nose
Well-Known Member
Rob Stevens appears to have changed in his approach having achieved his group's aim of Get Cov Back to the Ricoh, he no longer posts on this board, although I suspect he still reads it.
Given his closer proximity to SISU Capital than most fans, having previously been invited to an all day meeting and other meetings, it would be interesting to hear his views.
Grendel
Well-Known Member
So what you are saying is that coventry staying in Northampton for one year cost the local economy around £60 million?
Yes of course it did.
JimmyHillsbeard
Well-Known Member
pretty certain that the Council line at the time was that it would be impossible to do an Economic Impact assessement. Now it's happy to accept the provision of one for the impact of London Wasps moving in.
Captain Dart
Well-Known Member
Actually no one has done such a study for Coventry have they? So all the figures bandied about for Wasps or CCFC are probably made up.
dongonzalos
Well-Known Member
Not really, because I don't buy it, and I'm sure there are no cold hard figures to actually back it up....and they ballsed up the figures anyway, said 28k were at that wasps match when there were only 22k.
Either that or our game on Saturday brought in around £1.7m into the local economy....
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I don't actually know who is the author of the 6 million figure.
However saying that it is still quite straight forward financially
Ricoh - no wasps no ccfc = bad for the economy
Ricoh - CCFC ( stating they are here temporarily before moving) not great for the economy.
Ricoh - CCFC & Wasps best scenario for the economy
Ricoh Wasps only second best for the economy out of the other choices
To not accept that wasps been at the Ricoh has a positive effect on the local economy would be bizarre to say the least.
dongonzalos
Well-Known Member
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fernandopartridge
Well-Known Member
I think that's the point he's making
DazzleTommyDazzle
Well-Known Member
These xxxx costs the economy £xxx million/billion (delete as applicable) "studies" always strike me as total bollocks.
Take a couple of facts, throw in a few (probably) tenuous assumptions and multiply them all out so that you can get a good headline.
Flu costs the British economy £xxx
Bad backs cost the British economy £yyy
Motorway holdups cost the British economy £zzz
etc etc
I'm always amazed there's any British economy left at all (Mr Cameron assures us that there is ).
Take a couple of facts, throw in a few (probably) tenuous assumptions and multiply them all out so that you can get a good headline.
Flu costs the British economy £xxx
Bad backs cost the British economy £yyy
Motorway holdups cost the British economy £zzz
etc etc
I'm always amazed there's any British economy left at all (Mr Cameron assures us that there is ).
SimonGilbert
Telegraph Tea Boy
To be fair, the article was focused on the fact that the biggest single supporters' group has significantly changed its stance in relation to the club's owners.
The method of choosing to adopt that stance can be debated - and the numbers were included in the story for people to make their own minds up.
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D
Deleted member 5849
Guest
...they also forget the fact that (wo)man is social first, economic somewhat further down the scale.
(apologies to all accountants!)
dongonzalos
Well-Known Member
If you add the projected loss to the local economy if the sky blues move out again (as they are promising to) to the projected figure Wasps bring to the economy. You will arrive at the figure the head of CCC would have had to contemplate if she said no to wasps and CCFC buggered off.
It's crap for us Cov fans but not that hard to understand if you are rational about it.
It's crap for us Cov fans but not that hard to understand if you are rational about it.
dongonzalos
Well-Known Member
Will an independent auditor suffice?
Grendel
Well-Known Member
What was the impact on the economy for the year the club was missing?
Also when we were there gates were in decline and are half what they were so over the 10 years by the councils own calculation about £110 million was lossed. What's the real impact of this?
D
Deleted member 5849
Guest
Not if their independent audit ends up with innuendo directed towards them as per the football club administrator and liquidator.
DazzleTommyDazzle
Well-Known Member
dongonzalos
Well-Known Member
The council did a calculation for the loss to the economy of CCFC moving to Northampton?
What was it?
Grendel
Well-Known Member
I'm not sure that they did a calculation at all.
What I suspect is their is some standard calculation for this. That calculation will include all possible expenditure including fuel.
Even with that it's still rubbish. The same source over egged the crowd by 6,000.
Also this local economy thing is total bollocks isn't it. Who benefits from Ricoh crowds? Large plc's at the arena and large pub chains mostly. In fact even the telegraph article quoted a large pub chain.
Jobs aren't created from 20 days a year. In fact the only thing that will happen is low paid staff working harder for their meagre wage. As they play on a Sunday workers in The Arena may have to give up a day on a family day thereby impacting their quality of life negatively.
skybluetony176
Well-Known Member
Do these large chains & PLC's bus in their employees from outside the area or do they recruit locally?
dongonzalos
Well-Known Member
There is no question
Jobs will be created and/or saved.
Spending goes up.
Can't be arsed to explain again about the multiplier effect.
One bloke getting a temp job stacking shelves at tescos as a result of the increase spending. He then has money to spend and rents a place in Coventry. The landlord earns money...... You get the picture.
Jobs will be created and/or saved.
Spending goes up.
Can't be arsed to explain again about the multiplier effect.
One bloke getting a temp job stacking shelves at tescos as a result of the increase spending. He then has money to spend and rents a place in Coventry. The landlord earns money...... You get the picture.
Grendel
Well-Known Member
A temporary job for 2 hours a week for 20 weeks a year. So they earn £200 a year? Then they rent a house in Coventry? Oh dear..........
In fact;
http://www.jobnut.co.uk/jobs/coventry/Job-Tesco-Vacancy.html
Multiplier effect working everywhere but Coventry by the look of it. Perhaps they hop off to Bedworth to get their £230 worth of spend each.
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