The numbers don't really add up.
34,000 (minus 20-30M in debt, minus losing the stand and facilities for a season)
28,000 no debt.
Even if we assume that every single seat for every single game will be sold (thats a big IF) the extra 6000 seats only bring in around an extra 3.2 M a year (maybe 4 M with food/drink sales)
We currently get around 40M in TV money from the PL
We currently make around 20-25M revenue from ticket sales and food/merch/corporate sales.
Bringing in an extra 3-4 million a year doesnt seem to make much difference in the big picture.
Thats 3-4M but....... then we have to pay back the 20-30M loan! Whci might be as much as 2-3M a year!
Seems like after interest it would take at least 15 years to start to breakeven.
That assumption means we spend 15 years in the PL and we fill every seat for every game!
The TV money and sponsorships are where PL clubs get most of their money from. Not ticket sales.
To be totally honest, the self sustainable Premier League model is probably unsustainable long term.
Look how many PL teams have either rich owners who finanace the clubs or at least back their debt.
The truth is (and the truth hurts!) without an investor we have probably gone almost as far as we can possibly go.
Posted By: usacanary on January 12th 2012 at 17:04:23
Message Thread
- I dont think the board really feel the new stand idea is going to work. (NCFC) - usacanary, Jan 12, 16:13:11
- fao usacanary. Would like to have your breakdown re new stand to raise with MacN (NCFC) - trustsec, Jan 12, 17:22:42
- Few posts on oinkun re this a member (NCFC) - loz, Jan 12, 16:27:39
- The numbers don't really add up. (NCFC) - usacanary, Jan 12, 17:04:23
- To be fair and no disrespect intended.. (NCFC) - loz, Jan 12, 17:18:55
- The numbers don't really add up. (NCFC) - usacanary, Jan 12, 17:04:23
- Wolves have paid ?40m for 2 stands (n/m) (NCFC) - Klobo04, Jan 12, 16:13:48
- Approx ?20m each. (n/m) (NCFC) - malkybarkid, Jan 12, 16:27:28
- Wolves are going to do the whole ground (NCFC) - norway, Jan 12, 16:26:36
- unless the person what designed the last one specified balsa wood instead of concrete (NCFC) - Ralf Scrampton, Jan 12, 16:32:18
- Balsa costs more than concrete. (n/m) (NCFC) - mike_the_sphinx, Jan 12, 17:18:28
- unless the person what designed the last one specified balsa wood instead of concrete (NCFC) - Ralf Scrampton, Jan 12, 16:32:18
Reply to Message
In order to add a post to the WotB Message Board you must be a registered WotB user.
If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.