J
Jack Griffin
Guest
Yeah, they did something similar about voting the elite player performance plan in. http://www.bbc.co.uk/sport/0/football/22293207
IIRC it was under a lot of pressure from the PL and that the deal was part of the parachute payment proposals and the PL basically said either except this or we will withdraw the payments full stop or something to that effect...
Good topic on academies here.. http://www.skybluestalk.co.uk/threads/18060-Football-Academy-Revolution-We-are-category-2
I think the FA funds £500K of the £969K budget, but I can't find a reference ATM.
It would be extremely difficult to stay in the championship on low wages.That may work
But I assume to achieve that you will need higher wages.
Once it is achieved you need higher wages again in the championship.
However the extra 5 million does give you something to play with.
However you still at some point need to recoup at least 50 million and you will not do that by chipping away at it.
Unless the 'long haul' means 300 years. Personally unless SISU's investors are warlocks. They are likely to be unimpressed with that move.
IIRC it was under a lot of pressure from the PL and that the deal was part of the parachute payment proposals and the PL basically said either except this or we will withdraw the payments full stop or something to that effect...
Yep they did (allegedly)....
http://news.bbc.co.uk/sport1/hi/football/8671551.stm
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Let's say we don't get promoted in the meantime.
Average ticket price at the Ricoh was £9.50, that was in the Championship (wasn't it?), so let's say £7.50 in L1. Taking the Sixfields fiasco as costing us no fans (let's say they ones that go are balanced out by new fans for new stadium) we'd lose 1500-2000 fans without success over that time anyway. So we're at gates of 8k, paying £7.50. That's £60k/game, say 25 games: £1.5m/season. Add in £500k TV rights, say another £500k each year from either a big game or a player sale on average. I can't find much on shirt sponsorship other than a quote from Bristol saying it's £50k in L2. Let's be generous and say £100k in L1, plus another £100k in corporate and another £250k (10k/game) on advertising, etc. That's £2.95m, call it £3m, maybe £200k a season for the naming rights. I can't see our income breaching £4m/season being generous.
Then you've got £1.3m+ a season in interest to ARVO, any cost for the stadium build/rental, which would have to be close to £1m/season even if we just paid the interest. That's before you even pay a single player. Wages will be £2m/season at least. And we're already making a loss before getting to match day costs, advertising, etc.
I just can't see it adding up.
Let's say we don't get promoted in the meantime.
Average ticket price at the Ricoh was £9.50, that was in the Championship (wasn't it?), so let's say £7.50 in L1. Taking the Sixfields fiasco as costing us no fans (let's say they ones that go are balanced out by new fans for new stadium) we'd lose 1500-2000 fans without success over that time anyway. So we're at gates of 8k, paying £7.50. That's £60k/game, say 25 games: £1.5m/season. Add in £500k TV rights, say another £500k each year from either a big game or a player sale on average. I can't find much on shirt sponsorship other than a quote from Bristol saying it's £50k in L2. Let's be generous and say £100k in L1, plus another £100k in corporate and another £250k (10k/game) on advertising, etc. That's £2.95m, call it £3m, maybe £200k a season for the naming rights. I can't see our income breaching £4m/season being generous.
Then you've got £1.3m+ a season in interest to ARVO, any cost for the stadium build/rental, which would have to be close to £1m/season even if we just paid the interest. That's before you even pay a single player. Wages will be £2m/season at least. And we're already making a loss before getting to match day costs, advertising, etc.
I just can't see it adding up.
You are right Stu, doe'm absolve him or those that followed of the reduction in turnover, That's a lot of money to give away, made using less competitive while still paying high salaries,and did'nt grow fan numbers to compensate.Guess what I'm
saying Is It seems to indicate it may have been an early consequence and illustration that those funding us cost us some turnover combined through paying out interest to promote St scheme and secondly reducing price twice,might be one of reasons our turnover was so much lower than all those other clubs in the champ
I think it was about £10.90 IIRC.
MK dons have approx 8k attendances, anyone know what their turnover is?
Just found something from 2011, their turnover was £6.2m and wages (all staff & players) £4.1m, loss just under £1m
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Is that with 2 million in interest charges or would they have had similar due to their stadium?
Is that with 2 million in interest charges or would they have had similar due to their stadium?
Can you please explain the purpose of this - its all rather boring.
A serious discussion to see if a new stadium could be financially viable. If it isn't then try and get the question posed to SISU so we can understand why they think it us.
A thread lacking cheap jibes and low brow humour. Give it a miss there are better threads for you.
I think it was about £10.90 IIRC.
MK dons have approx 8k attendances, anyone know what their turnover is?
Just found something from 2011, their turnover was £6.2m and wages (all staff & players) £4.1m, loss just under £1m
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
Help a business dunce out. Is turnover what a layman would call income?
OK, so I undershot income and wages by £2m each, but that balances out. Obviously I don't know what MK Dons other costs are, do they own that stadium? If so they must get a fair bit in terms of other revenue, it's more Ricoh than LegoLand. If not, they must pay a bit in rent I'd imagine.
I was! thinking that turnover of theirs was a little low if you factor in all the other events they hold there, unless the owner has that factored out to his own company.
I was! thinking that turnover of theirs was a little low if you factor in all the other events they hold there, unless the owner has that factored out to his own company.
But then it wouldn't be counted in FFP. How are MK paying those losses is the question, are they taking a loan/overdraft or are they being paid off in some way?
Yeah I did notice they were old numbers Stu cheers.Should've said the figures were from 2011, not how many events they used to hold back then compared with in the last year.
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It's not serious its based on crude maths and assumptions and you seem to be starting very similar threads on the same subjects.
How was it viable for Brighton to build a stadium - cost £90 million didn't it? Are there other stadiums that have been financed? Is rotherhams council owned or privately owned? Is shrewbury's? Isn't that a better way to asses viability than guess?
Thinking more around the OP a question poses itself to me.
When we moved into the RICOH the cost per game to cover the rent was £50k. Or £2 per ticket on a crowd of 25k.More realistically £3per ticket on say 17k.this apparently on a net take per ticket of £11what's that around 27% ?
Obviously under the most recent offer that ratio would improve 3. fold @ £1 per ticket but illustrates how harmful the arrangement was.
So how does that compare. with the Costs per match per ticket of any future SISU owned ground? Anyone want to do the sums?
Maybe it would be better to buy ACL?
(It's me being smug as I have said that all long).
Grendel has a point though, how have other stadia been financed at this level?
Absolutely, if they made a sensible offer to buy lock stock & barrel, and take responsibility for existing contractual arrangements there is no business reason for the owners not to sell and be rid of the problem.
You mean buy the shares? At a fair value? Yes?
Then we agree - when do we start asking CCC to accept sisu's invitation to do an independent valuation? Or two?
Another thing to consider is that a 15,000 stadium holds much less than 15,000. You lose quite a bit to segregation.
Maybe it would be better to buy ACL?
(It's me being smug as I have said that all long).
It's not serious its based on crude maths and assumptions and you seem to be starting very similar threads on the same subjects.
How was it viable for Brighton to build a stadium - cost £90 million didn't it? Are there other stadiums that have been financed? Is rotherhams council owned or privately owned? Is shrewbury's? Isn't that a better way to asses viability than guess?
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