But that’s just it. Surviving in this league on our model isn’t sustainable. It’s time they sold up. This is our ceiling whilst the model is the same.
i’m all up for a sustainable plan, but that relies on selling and reinvesting. One of the in the knows alluded to this not happening.
in fact it’s what the should have done 12 years ago with the Dann & Fox money. They just don’t have it in them to run a championship football club. league one/championship yo-yo club yes - but I’d like to think as a club we’re a bit bigger than that
Reference the sale of ST's - it has been previously reported, the Club will only get 1/23rd of that after tonights game. Until then they have cash flowed the expenses by some means
The "high value" mechandise sales probably amounts to 10>15% after VAT for the Club
DB confirmed last night that’s it’s a combination of the two. He may not have understood the question or heard it lets see what clarity he gives when we agree the notes
I'm coming across as naive here but am I right in thinking that the club only get my season ticket money in increments even if I've paid in full for it?
The whole idea of people getting season tickets and buying them early is to give the club a war chest for the start of the season.
Its no wonder we have cash flow issues if Ticketmaster sit on 100% of our ticket sales until games are played. Ticketmaster must be making a fair bit on interest as well if they are sitting £3.5 Million + of the clubs money.
This is where the goal post have moved. There’s no incentive for season tickets to help the club, might as-well buy individual tickets. Club gets more money at the same time thenI'm coming across as naive here but am I right in thinking that the club only get my season ticket money in increments even if I've paid in full for it?
The whole idea of people getting season tickets and buying them early is to give the club a war chest for the start of the season.
Its no wonder we have cash flow issues if Ticketmaster sit on 100% of our ticket sales until games are played. Ticketmaster must be making a fair bit on interest as well if they are sitting £3.5 Million + of the clubs money.
Sorry but whichever idiot agreed to this needs shooting. The whole point of STs is that you get the money up front.
I’d love to see the total cost of admin for ticket sales.
I wonder if this is following on from covid where rebates etc might’ve been due. Otherwise, as you say, just doesn’t make sense
Reference the sale of ST's - it has been previously reported, the Club will only get 1/23rd of that after tonights game. Until then they have cash flowed the expenses by some means
The "high value" mechandise sales probably amounts to 10>15% after VAT for the Club
I’ve said this for years but I fail to believe sorting tickets out is an expensive job. On the interest on ST payments alone you could pay someone full time to send things out.
Maybe paper ticket distribution is an arse ache, but for STs where you’re just loading the card and assigning a seat I really don’t see where the benefit of outsourcing is.
Why do they bother pushing season ticket sales? Might as well push the price of matchday tickets right down and just have people buy tickets game by game. Charge a membership fee for priority only.
I'm coming across as naive here but am I right in thinking that the club only get my season ticket money in increments even if I've paid in full for it?
The whole idea of people getting season tickets and buying them early is to give the club a war chest for the start of the season.
Its no wonder we have cash flow issues if Ticketmaster sit on 100% of our ticket sales until games are played. Ticketmaster must be making a fair bit on interest as well if they are sitting £3.5 Million + of the clubs money.
But that again is the club's fault - the owners decide to run it as a very lean operation which outsources functions, they've outsourced ticket administration to make a saving (yay!) but not considered the cashflow (boo!)
But that again is the club's fault - the owners decide to run it as a very lean operation which outsources functions, they've outsourced ticket administration to make a saving (yay!) but not considered the cashflow (boo!)
It's an interesting suggestion but I can't imagine it's overly cheap to set up. Far more staff needed, distribution/postage costs, printing and paper costs etc.
It could quite easily be done and if done right would surely be more beneficial in the medium to long term, but there'd be an initial outlay that the club just wouldn't be prepared to shoulder.
Also imagine the teething problems. I just wouldn't rely on the club getting it right.
Oh no the club would fuck it up.
Just thinking though, 13.5k ST holders, couple of thousand away fans. You’re really looking at 5-6k tickets to manage a game and some of those will be cash on the turnstile.
I wonder if you could have a soft ST where you get a card, maybe for a nominal fee that’s recovered by discounted tickets, and you can buy seats on that. Or you find a way to enable tickets on mobile. Then a lot of the problems go away.
Basically end up with cards/mobile or cash on entry, and maybe 1-2k tickets for casuals/friends and family.
To be honest, I’m more surprised no one has undercut what seems a ludicrously expensive deal with TicketMaster. Seems like a market ripe for some innovation.
But we know they’re not going to do that, unless it’s as a loan.Sisu are allegedly a high risk investment portfolio worth a few billion - them perhaps
Magic money treeWe’d all like to see a few more million invested but where would the money come from?
Billionaire ownerMagic money tree
Again we’re not expecting millions, we’re expecting them to match our commitment.Magic money tree
In terms of history and fan base we’re bigger than that but history doesn’t pay the bills.But that’s just it. Surviving in this league on our model isn’t sustainable. It’s time they sold up. This is our ceiling whilst the model is the same.
i’m all up for a sustainable plan, but that relies on selling and reinvesting. One of the in the knows alluded to this not happening.
in fact it’s what the should have done 12 years ago with the Dann & Fox money. They just don’t have it in them to run a championship football club. league one/championship yo-yo club yes - but I’d like to think as a club we’re a bit bigger than that
They’re not going to go though.Again we’re not expecting millions, we’re expecting them to match our commitment.
if they can’t do that, we’ve hit a ceiling. It’s time for them to go.
So instead of addressing the issue the owners think high interest short term loans are in the best interests of the club?Magic money tree
I mean devils advocate, there’s actually a Premiership rugby team that’s financially in the shit.In terms of history and fan base we’re bigger than that but history doesn’t pay the bills.
We’re going to be a middling championship club (again). Occasionally we’ll slip up and go down and occasionally we’ll have a good season and flirt with the playoffs.
I can’t really see them selling up as I can’t see anyone wanting to buy us (unless we get the stadium, which is extremely unlikely).
Would go down badly with our fans but I suspect a more realistic option than anything else.I mean devils advocate, there’s actually a Premiership rugby team that’s financially in the shit.
surely we could tempt a Steve lansdowne type who would be interesting in both
It’s a combinationI'm coming across as naive here but am I right in thinking that the club only get my season ticket money in increments even if I've paid in full for it?
The whole idea of people getting season tickets and buying them early is to give the club a war chest for the start of the season.
Its no wonder we have cash flow issues if Ticketmaster sit on 100% of our ticket sales until games are played. Ticketmaster must be making a fair bit on interest as well if they are sitting £3.5 Million + of the clubs money.
So instead of addressing the issue the owners think high interest short term loans are in the best interests of the club?
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What combination is it Pete? Just the Direct debit ones paid in instalments or a % of all of them? I'm genuinely interested to know how my ST money is paid to the club.It’s a combination
Given you are on if the more supportive people that’s hardly reassuring
By default Ticketmaster, and every other ticket seller I've dealt with for that matter, don't realise the money until after an event has taken place. The simple reason is if they event is postponed / cancelled they are the ones who have to pay the money back out and don't want to be chasing a company who potentially has already spent that money for a payment to cover refunds.I can't see why it would be Ticketmaster who get to sit on all of that cash through the season. Is that a standard thing?
I can kind of get it with people booking individual match tickets but for season tickets is madness.
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