What are the sources of Mr Reids information. With the greatest of respect to Nii Lamptey and GMK they do not carry much weight as sources and to be fair nor would I on here.
'When Wasps played a Heineken Cup match here in 2007, it brought about £6million into the local economy.'
I suppose this could be bull?
And this maybe wrong
Bucks economy millions of pounds a year.
Meanwhile, Claire Prosser, Policy Executive, Buckinghamshire Chamber of Commerce, said: “It’s unfortunate news for Wasps fans and the High Wycombe local business community that the club has decided to move to Coventry.
“Although it is understandable that the decision has been made for financial reasons, the biggest impact will be felt by the hospitality sector in the area, which has served visitors to Adams Park for 12 years. We hope that the rest of the community will support the businesses affected.”
I just can't see it myself though
£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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£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.
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.
Ever heard of the multiplier effect?
Ever heard of the multiplier effect?
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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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.
Yes
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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.
There's your answer then.
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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Fellow campaigner Rob Stevens had called for a survey on the economic impact on Coventry of the Sky Blues playing games outside of the city, adding: “We estimate that about £20million is being lost in the city each season without the club here.”
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
Ever heard of the multiplier effect?
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
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.
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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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.
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.
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.
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 ).
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.
Will an independent auditor suffice?
...they also forget the fact that (wo)man is social first, economic somewhat further down the scale.
(apologies to all accountants!)
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?
The council did a calculation for the loss to the economy of CCFC moving to Northampton?
What was it?
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.
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.
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