covboy1987
Well-Known Member
A season at st Andrew's has anyone got an idea - how much does the club lose after all expenses taken into consideration
How much do we lose (1 Viewer)
- Thread starter covboy1987
- Start date
skybluegod
Well-Known Member
Nobody knows. We have no idea on rent what f&b we get what we get from parking etc etc.
fernandopartridge
Well-Known Member
I reckon about £3m
covboy1987
Well-Known Member
Sounds like it would not be sustainable for a long period
Sky Blue Harry H
Well-Known Member
We never lose at St Andrew's - fact (P.S. I'll edit later, if necessary!)
oldskyblue58
CCFC Finance Director
Just guessing at somewhere between 1m to 2m losses this season.
You have to, for this season at least, factor in the profits on player sales. Reportedly 1m for chaplin and 2m for bayliss. That's going to be a minimum profit 2.5m in the accounts. I assume the plan is to sell players each year to cover losses whether at st Andrew's or elsewhere.
Lot of the annual losses are the interest charges. Approx 1.8m. However I would assume that this would be added to the debt again so is really a paper transaction. Whilst it shows in the accounts as part of the losses it doesn't mean a cash loss to cover
Reportedly the rent at st Andrew's is 3 times that at the ricoh. Say approx 300k match day expenses at ricoh were 350k so say 500k at st Andrew's. So at least 400k up on last year
The other incomes on crowds of 5000 is not going to be big figures turnover wise despite what has been said. But then you have to take out the direct costs and account for it being shared. It might be better than at ricoh but it isnt going to be massive. Also the ricoh crowds 12000 st Andrew's 5000 the deal might be better percentage but it could still be little different in total. Used to be f&b profit share 15% at ricoh on current crowds it would need to be over double that 30%+ at st Andrew's.
Crowds of 5000 are going to mean lower match day income probably down 1m from last season.
I would think the aim is to run at a level where losses only equate to the interest charge. That means at break even cash flow wise and no or minimal loans from sisu (bank of last resort basis as has been the case over last 3 or 4 years)
We wont actually know until February 2021
You have to, for this season at least, factor in the profits on player sales. Reportedly 1m for chaplin and 2m for bayliss. That's going to be a minimum profit 2.5m in the accounts. I assume the plan is to sell players each year to cover losses whether at st Andrew's or elsewhere.
Lot of the annual losses are the interest charges. Approx 1.8m. However I would assume that this would be added to the debt again so is really a paper transaction. Whilst it shows in the accounts as part of the losses it doesn't mean a cash loss to cover
Reportedly the rent at st Andrew's is 3 times that at the ricoh. Say approx 300k match day expenses at ricoh were 350k so say 500k at st Andrew's. So at least 400k up on last year
The other incomes on crowds of 5000 is not going to be big figures turnover wise despite what has been said. But then you have to take out the direct costs and account for it being shared. It might be better than at ricoh but it isnt going to be massive. Also the ricoh crowds 12000 st Andrew's 5000 the deal might be better percentage but it could still be little different in total. Used to be f&b profit share 15% at ricoh on current crowds it would need to be over double that 30%+ at st Andrew's.
Crowds of 5000 are going to mean lower match day income probably down 1m from last season.
I would think the aim is to run at a level where losses only equate to the interest charge. That means at break even cash flow wise and no or minimal loans from sisu (bank of last resort basis as has been the case over last 3 or 4 years)
We wont actually know until February 2021
Last edited:
Sky Blue Pete
Well-Known Member
Brilliant
pipkin73
Well-Known Member
The Club are putting on coaches to St Andrews for 5 pounds return, i would think that is run at a loss or at best break even if enough people use them. Also ticket prices are reduced so you can't compare 5000 or 6000 to the same amount last season unless we are making more via F&B, car parks etc. I would guess at approx 2 million, but without the real figures nobody knows for sure.
Gibbo
Well-Known Member
In which case who is the next one to sell - Mason?
Adge
Well-Known Member
Or Rose.
Brighton Sky Blue
Well-Known Member
If Godden maintains his form for the season could be him
dont think we can compare the two... six fields was mostly a stay away, what was the average crowd 1500 ? we are getting 5-6k at bham. less the ricoh granted, but aren't w getting share of match day revenue, which we didnt get at ricoh ?
god I hope not. but if we do & we managed to double our money on Chaplin, then godden must already be worth 3mill+ lol
The average league gate so far this season is 6442, so not the 5K people keep referring to. This is before we've played many of the bigger sides who'll bring large followings. We might feasibly get 11-12K when we play Sunderland. But there will be the odd 4K gate for midweek games.
We might feasibly finish up with a 7K average if things go well, so perhaps the financial hit won't be that significant. That said, I do believe gates will fall if we face a second season there. Everyone knows that, so this has to be resolved before next season somehow. It isn't sustainable.
We might feasibly finish up with a 7K average if things go well, so perhaps the financial hit won't be that significant. That said, I do believe gates will fall if we face a second season there. Everyone knows that, so this has to be resolved before next season somehow. It isn't sustainable.
Ricketts
Well-Known Member
We don't lose money at St Andrews.
What I assume you mean, is how much more would we make if we had our own stadium, or were playing at the Ricoh for [allegedly] rent and [presumably] higher attendances.
Or if we built a new stadium, what would be the comparatdive financial position after allowing for the interest on the capital expenditure.
What I assume you mean, is how much more would we make if we had our own stadium, or were playing at the Ricoh for [allegedly] rent and [presumably] higher attendances.
Or if we built a new stadium, what would be the comparatdive financial position after allowing for the interest on the capital expenditure.
stevefloyd
Well-Known Member
Hopefully our form continues and the gates go up...everyone loves a winner look a few seasons back when we was doing well with Armstrong in the team the gates went up to 17000 until we fucked it up
Adge
Well-Known Member
Indeed. Be interesting to see if come April and we are in the top 6 if the crowds may rise significantly?
stevefloyd
Well-Known Member
The crowds would definitely rise its human nature to be a part of success to say I was there etc.
pusbccfc
Well-Known Member
I'm not sure they will be losing on those coaches.
All the other pubs are running them at 5 quid return (albeit earning money on beer prior to the journey).
That said, if they made 50p per person, that equals to very little. In the same way that if they lost 50p a person, it would also be little.
clint van damme
Well-Known Member
I see Robins is appealling to fans to get to the games and "bridge the financial gap".
That suggests to me that the back to the Ricoh in October rumours which were once again doing the rounds yesterday may be wide of the mark.
That suggests to me that the back to the Ricoh in October rumours which were once again doing the rounds yesterday may be wide of the mark.
Adge
Well-Known Member
Mmmm, sounds like that has/is from the top.
Sky Blue Harry H
Well-Known Member
Depends which division we're in !! Championship teams will bring bigger followings. I think Birmingham would fill their allocation?!
The club are losing money on the coaches and are having to subsidise EST to run them.
ccfcchris
Well-Known Member
What kind of attendance would we need to actually be in profit playing at St Andrews?
ccfcway
Well-Known Member
October which year ?. I just can't see a path back in the short / medium term.
chiefdave
Well-Known Member
Not that I think we're going back to the Ricoh in October but I wouldn't read too much into Robins' comments, he's been saying the same thing since it was announced we were moving.
ccfcway
Well-Known Member
At least he’s saying something. Nowt from the owners
skybluegod
Well-Known Member
Is that fact? Has it been officially said anywhere? I would be surprised if that's true. More likely it is at cost.
skybluegod
Well-Known Member
What do you expect? No point in them coming out and saying the same thing over and over again
torchomatic
Well-Known Member
Like ccfcway?
