Pretty good analysis on the little info which we have OKP
| Ticket price £ | Ricoh Average | Sixfield Average |
| 20 | 10,000 | 2,500 |
| Match Ticket Income(per game) | £200,000.00 | £50,000.00 |
| (A) Annual Ticket Income(23 Games) | £4,600,000.00 | £1,150,000.00 |
| Income from Catering *Assumes £10/Person/Game | £0.00 | £25,000.00 |
| (B)Annual Catering income(23 Games) | £0.00 | £575,000.00 |
| (C)Rent | £400,000.00 | £100,000.00 |
| Annual Income/revenue A+B-C | £4,200,000.00 | £1,625,000.00 |
| Lost Revenue opportunity | -£2,575,000.00 |
Sorry deleted it- its speculative... here it is again- opens the door to the usual criticisms I guess? Can flex it many ways- non of which establish the move as credible in my mind?
Ticket price £ Ricoh Average Sixfield Average 20 10,000 2,500 Match Ticket Income(per game) £200,000.00 £50,000.00 (A) Annual Ticket Income(23 Games) £4,600,000.00 £1,150,000.00 Income from Catering
*Assumes £10/Person/Game£0.00 £25,000.00 (B)Annual Catering income(23 Games) £0.00 £575,000.00 (C)Rent £400,000.00 £100,000.00 Annual Income/revenue A+B-C £4,200,000.00 £1,625,000.00 Lost Revenue opportunity -£2,575,000.00
Not only are they idiots but STUBBORN idiots to boot. I am convinced that egos are involved here and that in order to change the stance some personnel need to be got rid of. I think we all know to whom I refer.
Sorry deleted it- its speculative and assumes constants to offer parity to the argument- did this a while ago... here it is again- opens the door to the usual criticisms I guess? Can flex it many ways- non of which though establish the move as credible in my mind?
Ticket price £ Ricoh Average Sixfield Average 20 10,000 2,500 Match Ticket Income(per game) £200,000.00 £50,000.00 (A) Annual Ticket Income(23 Games) £4,600,000.00 £1,150,000.00 Income from Catering
*Assumes £10/Person/Game£0.00 £25,000.00 (B)Annual Catering income(23 Games) £0.00 £575,000.00 (C)Rent £400,000.00 £100,000.00 Annual Income/revenue A+B-C £4,200,000.00 £1,625,000.00 Lost Revenue opportunity -£2,575,000.00
We managed £5,2 million income from gates when we had 21,000 - I'm glad you are not my accountant
I see you assume £10 per ticket over 25 games to arrive at £5.2M (10x25x21,000), lets be fair and do the calc. on the same basis for £10/ticket for 25 games at Sixfields, then the ticket income there is not £1.6M, but 2500x23x10 = £625,000, whoops another £1M dropped & remember the players salaries are the same whichever venue.. now what would they be?
Well this source http://www.sportingintelligence.com...ll-wage-figures-for-the-past-25-years-301002/, from a few years ago suggests the L1 average might be around £70K p.a., OK lets call it £60K.. and assume 22 players in the squad, then the salary bill is £1.3M, which is something like twice the ticket income.. I can only assume that £1M has to be raised in the transfer market to cover this discrepancy.
It is the business plan from the institute of impending bankruptcy is it not?
Why? Why cannot an investor have approved a plan and agreed this funding for a period of time?
Not according to FFP unless they want it to be a gift..
Not according to FFP unless they want it to be a gift..
Could it be that Nice but Tim's brilliant business plan of losing *£172,000 every "home" game at Sixfields PLUS the fans forum reactions PLUS the march to Broadgate PLUS the Sunday Ricoh attendance PLUS the almost total alienation of 90% of the CCFC fan base finally dawned on the mighty SISU and Joy and is about to be scuppered.I've read on here, maybe more than once, posts where the figures for estimated income per game at Sixfields (compared to same game at the Ricoh) have been shown. Can somebody point me to them or do them again, or, another good guess will do. Thank you.
Not according to FFP unless they want it to be a gift..
Could it be that Nice but Tim's brilliant business plan of losing *£172,000 every "home" game at Sixfields PLUS the fans forum reactions PLUS the march to Broadgate PLUS the Sunday Ricoh attendance PLUS the almost total alienation of 90% of the CCFC fan base finally dawned on the mighty SISU and Joy and is about to be scuppered.
(* Ricoh: 1 x home game x £20 x 10,000 gate = £200,000 gate money per game
Northampton:1 x home game x £14 x 2,000 gate = £28,000 gate money per game
= £172,000 loss per game)
Equates to £4M loss of gate money per season if so how on earth did this not satisfy basic financial scrutiny beggars belief !!!
Read above - we have averaged £8 - £9 a game at the Ricoh
£10.76 from your figures I'm glad you're not my accountant.
Really - I was talking net -- after VAT or had you forgotten that?
Sorry deleted it- its speculative and assumes constants to offer parity to the argument- did this a while ago... here it is again- opens the door to the usual criticisms I guess? Can flex it many ways- non of which though establish the move as credible in my mind?
Ticket price £ Ricoh Average Sixfield Average 20 10,000 2,500 Match Ticket Income(per game) £200,000.00 £50,000.00 (A) Annual Ticket Income(23 Games) £4,600,000.00 £1,150,000.00 Income from Catering
*Assumes £10/Person/Game£0.00 £25,000.00 (B)Annual Catering income(23 Games) £0.00 £575,000.00 (C)Rent £400,000.00 £100,000.00 Annual Income/revenue A+B-C £4,200,000.00 £1,625,000.00 Lost Revenue opportunity -£2,575,000.00
We managed £5,2 million income from gates when we had 21,000 - I'm glad you are not my accountant
I can see the pain in your postI'm only going to say this once you're right:facepalm:
Read above - we have averaged £8 - £9 a game at the Ricoh
Read above - we have averaged £8 - £9 a game at the Ricoh
I'm not sure how you did that ....... but what I did was:
2000 fans at sixfields at £16 per game + £3 per head F&B = £32000 + £6000 = £38,000 per game.
9000 fans at Ricoh at £22 per game + £0 per head F&B = £198,000 per game.
23 home games a season makes it:
Sixfields - £874,000
Ricoh - £4,554,000
Now for arguments sake lets say rent at Sixfields is £150,000, and the rent at the Ricoh had been agreed at the original £400,000 offered when talks began.
So the ratio is:
Sixfields - 5.83:1
Ricoh - 11.39:1
Obviously this is just a simple way of working it out, there is a lot more to actually take in to consideration. But this clearly shows that there was no point what so ever to leave Coventry. EVEN IF they had agreed the original offer of £400,000 a year rent they would be much better off staying at the Ricoh.
Ok I appreciate the above so I will do my best to work this out then as well. Just to get a bit of perspective. We will use the 150k a year rent offered for 10 years to Paul Appleton and we will use 5 years to build a new stadium.
Sixfields - £874,000 a season x 5 = £4,370,000
Ricoh - £4,454,000 a season x 5 = £22,270,000
take off the rent.
Sixfields - £4,370,000 - (5 x £150,000) = £3,620,000
Ricoh - £22,270,000 - (10 x £150,000) = £20,770,000
Now for arguments sake let's say ACL charge £1,000,000 per year the lease is broken. 5 x £1,000,000 is £5,000,000
£20,770,000 - £5,000,000 = £15,770,000 ...... still just over 4 times what sixfields could generate.
Again do not take this as fact, just a perspective.
I tried to do a bit of simple maths on a thread a while ago, similar to OKP. This is what I came up with .......
Then Godiva asked me to include if they had agreed to the £150,000 a year rent for 10 years, stayed there for 5 but had to pay a "get out fee" for every year they didnt play there .........
Like I said, simple. Not taking in VAT or any other crap that will not change the end result that playing at sixfields was/is suicide.
We managed £5,2 million income from gates when we had 21,000 - I'm glad you are not my accountant
Problem is Grendal is right, the average ticket price is nowhere near £20 per ticket and the most we've made from ticket sales is around £5.7m from 21k average and a couple of big FA cup games - I'd worked it out at about £11.80 (inc. vat). And that excludes 4 home cup games so the real cost would be lower.
Ofcourse you can then factor that down at Sixfields. I think everyone is in agreement that being at Sixfields makes no short term financial sense.
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
I assume that you will be going to the game on Sunday SB. Just a brisk walk along the Manningham Road for you.
these are average £ per person at the Ricoh match ticket income | ||||||||||||||||||||
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