The numbers on the new stand thingy don't add up.
34,000 (minus 20-30M in debt, minus losing the stand and facilities for a long period)
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! Which 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.
Its a pipe dream, with survival being the best case senario.
Look how many PL teams have either rich owners who finance 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.
How can we possibly crack the top 6 without totally changing our wage structure and buying structure, if we do that then its impossible to be self sustainable......as other PL clubs of our size have found out.
Lets look at the 3 year PL status.
The markey gives us about a 10% chance to get relegated this season.
I have done some rough estimates on the rough odds of us getting relegated within the next 3 PL seasons...... its close to 70% even with optomistic assumptions and assuming just a 10% chance this season.
Posted By: usacanary on January 12th 2012 at 18:11:57
Message Thread
- The numbers on the new stand thingy don't add up. (NCFC) - usacanary, Jan 12, 18:11:57
- Why does it cost almost the same to build a whole stadium? (NCFC) - Ben, Jan 12, 22:40:12
- and got a soulless shithole made of lego (n/m) (NCFC) - Brandonio, Jan 13, 00:08:35
- New plan is add 4000 to jarrold so as... (NCFC) - loz, Jan 12, 18:28:43
- Well that was my idea.... (NCFC) - Klobo04, Jan 12, 18:30:16
- Makes sense though 4000... (NCFC) - loz, Jan 12, 18:33:10
- Well that was my idea.... (NCFC) - Klobo04, Jan 12, 18:30:16
- Thing I dont get about Wolves is... (NCFC) - Klobo04, Jan 12, 18:20:03
- do the owners/board have any ties to building companies.... (NCFC) - usacanary, Jan 12, 18:26:58
- Oh and FWIW the GW stand is only 26 years old. (n/m) (NCFC) - usacanary, Jan 12, 18:30:23
- Yes but we have actually outgrown the ground as it currently is (NCFC) - Klobo04, Jan 12, 18:34:31
- I would agree but........... (NCFC) - usacanary, Jan 12, 18:46:16
- it is highly improbable that every seat would be occupied (NCFC) - Tombs, Jan 12, 18:54:14
- are you ok? (n/m) (NCFC) - usacanary, Jan 12, 18:56:40
- yup, i doubt we've ever maxed out usac (NCFC) - Tombs, Jan 12, 18:57:22
- are you ok? (n/m) (NCFC) - usacanary, Jan 12, 18:56:40
- it is highly improbable that every seat would be occupied (NCFC) - Tombs, Jan 12, 18:54:14
- I would agree but........... (NCFC) - usacanary, Jan 12, 18:46:16
- Yes but we have actually outgrown the ground as it currently is (NCFC) - Klobo04, Jan 12, 18:34:31
- Oh and FWIW the GW stand is only 26 years old. (n/m) (NCFC) - usacanary, Jan 12, 18:30:23
- do the owners/board have any ties to building companies.... (NCFC) - usacanary, Jan 12, 18:26:58
- nbttt (NCFC) - SCC 28, Jan 12, 18:13:43
- Why does it cost almost the same to build a whole stadium? (NCFC) - Ben, Jan 12, 22:40:12
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