Thanks so we're on a winner and have been for four years.
Anyway stop being a negative baddie and exposing the charlatan.
Thanks so we're on a winner and have been for four years.I would guess 365/24/7
Which illustrates another issue with our situation. We are paying retail for the F&B in hospitality so struggle to make anything on it. In fact as we have to purchase for every game on the basis of hospitality being at capacity it wouldn't be at all surprising if we actually make a loss on this for some games.I am guessing that the £75k is F&B on the concourse because the Hospitality and executive boxes are sold directly by the club. (advertised on CCFC website)
Probably similar to when we were at HR but as a top club, with the associated liabilities too.Margin should generally run 25-35% for stadium catering. However if you also factor in that our prices are the highest in the leagwe ue (according to the BBC's price of football survey) then it is reasonable to suggest the margin should be higher.
But even if it isn't you'd be looking at £360K compare to £70K, a not insignificant amount at this level. And of course if we were successful and attendances increased that number would rise.
If Fisher is so unhappy about someone else running the catering and taking a cut why does he hand over other parts of income streams we have to others? They won't be doing it for free either.Margin should generally run 25-35% for stadium catering. However if you also factor in that our prices are the highest in the league (according to the BBC's price of football survey) then it is reasonable to suggest the margin should be higher.
But even if it isn't you'd be looking at £360K compare to £70K, a not insignificant amount at this level. And of course if we were successful and attendances increased that number would rise.
Which is why some levels of it have been dropped /unavailable.Which illustrates another issue with our situation. We are paying retail for the F&B in hospitality so struggle to make anything on it. In fact as we have to purchase for every game on the basis of hospitality being at capacity it wouldn't be at all surprising if we actually make a loss on this for some games.
Margin should generally run 25-35% for stadium catering. However if you also factor in that our prices are the highest in the league (according to the BBC's price of football survey) then it is reasonable to suggest the margin should be higher.
But even if it isn't you'd be looking at £360K compare to £70K, a not insignificant amount at this level. And of course if we were successful and attendances increased that number would rise.
Wouldn't you have to look at each agreement? Its not like ACL do the F&B themselves, they outsource it in the first place as I would imagine most clubs do.If Fisher is so unhappy about someone else running the catering and taking a cut why does he hand over other parts of income streams we have to others? They won't be doing it for free either.
Margin should generally run 25-35% for stadium catering. However if you also factor in that our prices are the highest in the league (according to the BBC's price of football survey) then it is reasonable to suggest the margin should be higher.
But even if it isn't you'd be looking at £360K compare to £70K, a not insignificant amount at this level. And of course if we were successful and attendances increased that number would rise.
That's my point! Factor in the difference in attendance and that margin for Scunthorpe would equate to £360K for us based on the same 30% margin.You are comparing two different things so the comparison is flawed. You can only do a valid comparison of the £70k to the net figure (turnover less costs) that Scunthorpe receive which at a 30% margin would be £110k. Any other comparison is a fisherism
You get around 65-70% without any risk and it appears our hospitality goes to us whatever that is.Wouldn't you have to look at each agreement? Its not like ACL do the F&B themselves, they outsource it in the first place as I would imagine most clubs do.
They key is what you get back in return and looking at the information on this thread we get a fraction of what Scunthorpe get even when you factor in associated costs.
If Fisher is so unhappy about someone else running the catering and taking a cut why does he hand over other parts of income streams we have to others? They won't be doing it for free either.
Scunthorpe won't get much more than us. For that they take all the risks and organise everything. Fisher receives our share for doing nothing. It pays most of our present rent. Scunny have to pay for the upkeep of their stadium. That won't be cheap. So overall we will be better off stadium and income wise.Wouldn't you have to look at each agreement? Its not like ACL do the F&B themselves, they outsource it in the first place as I would imagine most clubs do.
They key is what you get back in return and looking at the information on this thread we get a fraction of what Scunthorpe get even when you factor in associated costs.
Wouldn't you have to look at each agreement? Its not like ACL do the F&B themselves, they outsource it in the first place as I would imagine most clubs do.
They key is what you get back in return and looking at the information on this thread we get a fraction of what Scunthorpe get even when you factor in associated costs.
There is no arguing. Fisher moans about someone taking a cut then gives others a cut out of our other income streams. But it suits him well.You could argue that essentially the match day catering has been franchised out like the shop, tickets and programs.
How big would the stadium be?How would it stack up at the Butts then?
How would it stack up at the Butts then?
Copy and pasting someone elses work is his MOIf @SimonGilbert wants to print a real story, this is it!
Just work on the basis that if his lips are moving he's talking shit.Am I safe to assume all this bollocks proves Fisher is talking shit?
It is something you will have to decide for yourself. If anyone calls him a liar on here certain posters jump in and try to defend him.So. My weak points are maths and swearing.
Am I safe to assume all this bollocks proves Fisher is talking shit?
How much goes towards the operating cost's of the site?
But then you would offset those costs against what we pay in rent wouldn't you? How much are other teams paying annually on maintenance.costs like capital finance or higher rents & stadium overheads 365/24/7 in to play
Fisher did indeed say that the deal signed for the stadium was a good one at this level, but not a good one higher up. Don't remember it being broken down any more precisely than I've said, but that point was made about the ground.this kind of backs up what Fisher says doesn't it? That in L1 and L2 we have the ability to be competitive as our attendances can offset the revenue streams we don't get that others do but move up to the Championship and that doesn't apply.
It is something you will have to decide for yourself. If anyone calls him a liar on here certain posters jump in and try to defend him.
But to make it easier for you to decide Fisher says our only income is from ticket sales. We are talking about other income streams other than ticket sales.
Novel.If I was running the show I advice SISU that you have to speculate to accumulate. There is no better time to do it than division4 where the investment would not need to be extortionate.
I would convince them that under Robins we have a genuine chance. I would convince them to give Robins a top 2 budget. I would convince them that we need to earn the fans trust.
I would device a scheme where you agree to buy a season ticket for £300. You pay £100 upfront. At the halfway point of the season. If we are not within 9 points of the playoffs you can walk away if you choose however if we are within 9 points you are automatically charged the £200
It's shows firstly SISU are prepared to give us s top two budget and do want success.
It shows they have confidence that we will achieve it.
It's an incentive and a thank you to the loyal fans who no longer believe and are about to walk away.
For SISU you are speculating to accumulate, of course there is a gamble. However under the current plan the drop in ticket sales will result in us been very lucky if we can challenge.
Would be no different to now would it. Wasps own it and ACL operate the stadium and associated facilities.Fisher wanted to outsource the whole lot didn't he if SISU took control of the Ricoh. To AEG if I remember correctly.
But then you would offset those costs against what we pay in rent wouldn't you? How much are other teams paying annually on maintenance.
The only one I'm aware of is Pompey having to pay out £400K when the trust took over but that's a 120 year old stadium that didn't have any maintenance done for years.
If the model we currently have is a good one then it raises the question of why are we the only club doing it?
Hedge fund 101. The CCFC accounts do show transfer profits.Why is the CCFC account so vague? Does the CCFC figure include player sales?
If you don't own your own stadium you don't have long term security. We know that very well. You depend on others.But then you would offset those costs against what we pay in rent wouldn't you? How much are other teams paying annually on maintenance.
The only one I'm aware of is Pompey having to pay out £400K when the trust took over but that's a 120 year old stadium that didn't have any maintenance done for years.
If the model we currently have is a good one then it raises the question of why are we the only club doing it?
He is waiting a while before trying to derail the thread.Grendel was in this thread ten minutes ago and hasn't posted anything yet. That's a half decent barometer.
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