If the contracts for the casino, hotel, f&b, parking etc, will all have penalties without the football club being there. If they don't then when they're due for renewal they'd be worth significantly less.
When are the naming rights up? Surely that is soon?as will hotel, exhibition hall, naming rights etc
When are the naming rights up? Surely that is soon?
They were up ages ago. Ricoh paid an insignificant sum to keep them up for another year. London Wasps can't find an offer anywhere near their valuation as people don't know if they're sponsoring a football ground, which generates much more exposure, or a rugby ground. The club are quite rightly asking for a share of the takings.When are the naming rights up? Surely that is soon?
They were up ages ago. Ricoh paid an insignificant sum to keep them up for another year. London Wasps can't find an offer anywhere near their valuation as people don't know if they're sponsoring a football ground, which generates much more exposure, or a rugby ground. The club are quite rightly asking for a share of the takings.
How many do you think go in there? I suspect between 500-1000. If they all average £10 spend (some will be significantly more, some just a pint others may even win occasionally)then say £7,500 in turnover but the profit in that (cost of the beer, extra staff etc) will probably touch £5k so all in I suspect not as significant as you might think. Certainly south of £100k pa I'd say.
I think your calculations are rather conservative ?! I reckon 500-1000 pre match.....plus over a 1000 post match x at least £10 a head x 25 home matches including cup games would suggest turnover from CCFC footfall at around £1/2 million per season........not to mention away fans who use the hotel and stay overnight and spend more in there. Profit I don't know but staff costs would be minimum wage and there must be a good margin at £5 a pint for that piss in a plastic glass.How many do you think go in there? I suspect between 500-1000. If they all average £10 spend (some will be significantly more, some just a pint others may even win occasionally)then say £7,500 in turnover but the profit in that (cost of the beer, extra staff etc) will probably touch £5k so all in I suspect not as significant as you might think. Certainly south of £100k pa I'd say.
Nowhere near a 1000 post match. Are you seriously suggesting 1 in 10 of the attendance go to the Casino after the match. You can rule out all the under 18s and most of the over 60s straightaway.I think your calculations are rather conservative ?! I reckon 500-1000 pre match.....plus over a 1000 post match x at least £10 a head x 25 home matches including cup games would suggest turnover from CCFC footfall at around £1/2 million per season........not to mention away fans who use the hotel and stay overnight and spend more in there. Profit I don't know but staff costs would be minimum wage and there must be a good margin at £5 a pint for that piss in a plastic glass.
Nowhere near a 1000 post match. Are you seriously suggesting 1 in 10 of the attendance go to the Casino after the match. You can rule out all the under 18s and most of the over 60s straightaway.
swings and roundabouts as they say, sometimes its absolutely rammed with more than that and yes on other days not so many......still say with gambling/food and high beer prices City and away fans are bunging 1/2 million in there over a season.Nowhere near a 1000 post match. Are you seriously suggesting 1 in 10 of the attendance go to the Casino after the match. You can rule out all the under 18s and most of the over 60s straightaway.
Reading most supporters sites they only look forward to coming to to the RICOH(the Souless Bowl) because of the Casino as they very rarely get it anywhere else on their travels and go big time when gambling providing they can afford it! I would say at least 330/400 fans in there Pre-Match and Post match (waiting for traffic to abate)I think you're probably right but I don't think Rob has taken full account of what is spent at the tables.
In addition, when you get a few away fans in there they seem to kick the arse out of the gambling because it's a one off and a bit of a novelty.
NOChipMOn the casino anything they lose will hurt them and we should stop using it full stop once we go as anything spent there ultimately helps Wasps stay.
Apologies if this has been covered elsewhere. If The Ricoh loses 23 games next season, the casino will take a big financial hit. Conservative estimate off the top of my head £10k per match day. Best part of £250k per annum down. I .would have thought they would have been on at Wasps to get a deal done with us? (I don't think Wasps own the Casino)
How many do you think go in there? I suspect between 500-1000. If they all average £10 spend (some will be significantly more, some just a pint others may even win occasionally)then say £7,500 in turnover but the profit in that (cost of the beer, extra staff etc) will probably touch £5k so all in I suspect not as significant as you might think. Certainly south of £100k pa I'd say.
Even at 5k per match that's over £100k pa.
You’re right. It’s owned by Grosvenor Casinos. It’s one of their most profitable.
Not me, I'm at the matchHow many people hear the word 'Ricoh' on Saturday at 3pm on Sky and Final score?
think you're massively underestimating what gets spent on gambling.
Been in there many a time before the football to meet up with friends.Nowhere near a 1000 post match. Are you seriously suggesting 1 in 10 of the attendance go to the Casino after the match. You can rule out all the under 18s and most of the over 60s straightaway.
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