I did a rough calculation a few years ago. Our last season in the prem we earnedt around £5million in ticket sales, whilst the TV money was raising to £50million at the end of that season.
So assuming ticket prices stayed the same then, once you take into account sponsorship, retails operations, hospitality, etc. I would guess that ticket revenue in the prem would only have been around 5%-8% of income. Therefore a 40% raise in tickets would only increase total income by 2%-4%. Is it really worth the bad press and the bad will for such a small increase in revenue?
I did a rough calculation a few years ago. Our last season in the prem we earnedt around £5million in ticket sales, whilst the TV money was raising to £50million at the end of that season.
So assuming ticket prices stayed the same then, once you take into account sponsorship, retails operations, hospitality, etc. I would guess that ticket revenue in the prem would only have been around 5%-8% of income. Therefore a 40% raise in tickets would only increase total income by 2%-4%. Is it really worth the bad press and the bad will for such a small increase in revenue?
An extra £20 per person x 18,360 = £367,200 per home game = £6.97M aseason.
Yes, it's worth it from their point of view. That might pay 6 players wages per year.
But it's not per person. A percentage will be freebies, a percentage will be kids/students/OAPs, etc. So it's actually going to be only around £5million a year, and on a turnover of £70million+ it's still only an increase of 7%. Shafting your most loyal customers for such a small overall increase can't be good business sense in the long term, but that pretty much describes the whole of professional football these days, not good business sense full stop
But it's not per person. A percentage will be freebies, a percentage will be kids/students/OAPs, etc. So it's actually going to be only around £5million a year, and on a turnover of £70million+ it's still only an increase of 7%. Shafting your most loyal customers for such a small overall increase can't be good business sense in the long term, but that pretty much describes the whole of professional football these days, not good business sense full stop
Whilst I don't disagree Andy, £5M will still possibly pay 5 players wages if they are on £20K per week !
BTW at the prices they are charging I don't expect there will be many freebies LOL.
Fair play to Mr. Bhatia. Ecclestone is a proper clown. In an article in this month's WSC they have a couple of gems quoted from the Daily Nazi (so probably made up), apparently he said he wasn't going to see their title clinching match, because Watford was too far to go, and that he leaves matches at half time because "by then you can see which way it's going". On that basis I assume he is in the bar at most F1 races after the first corner...
A lot of us buy season tickets out of loyalty to the club we love- let's face it - for the last few years it hasn't been the most pleasant of pastimes watching us. QPR fans could probably say something silmilar before last season. Loyalty has to go two ways sometimes and whilst they might not have too much difficulty filling the ground next year - can they afford to lose the loyal life blood of the club who could be upset by this given that their time in the Premiership could be short?
Feel really sorry for the loyal fans who've been supporting through the lows as well as the highs. They deserve to see their team in the Prem but feel that the price hike may well be a step too far for many, especially families. What a shameful way to treat the faithful.
I sincerely hope that old adage " What goes around, comes around " will haunt the Boardroom of that soul less stadium for many a year..... although , alas Bernie and his sidekick may well have left the building by then.
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So assuming ticket prices stayed the same then, once you take into account sponsorship, retails operations, hospitality, etc. I would guess that ticket revenue in the prem would only have been around 5%-8% of income. Therefore a 40% raise in tickets would only increase total income by 2%-4%. Is it really worth the bad press and the bad will for such a small increase in revenue?
An extra £20 per person x 18,360 = £367,200 per home game = £6.97M aseason.
Yes, it's worth it from their point of view. That might pay 6 players wages per year.
Whilst I don't disagree Andy, £5M will still possibly pay 5 players wages if they are on £20K per week !
BTW at the prices they are charging I don't expect there will be many freebies LOL.
A lot of us buy season tickets out of loyalty to the club we love- let's face it - for the last few years it hasn't been the most pleasant of pastimes watching us. QPR fans could probably say something silmilar before last season. Loyalty has to go two ways sometimes and whilst they might not have too much difficulty filling the ground next year - can they afford to lose the loyal life blood of the club who could be upset by this given that their time in the Premiership could be short?
Feel really sorry for the loyal fans who've been supporting through the lows as well as the highs. They deserve to see their team in the Prem but feel that the price hike may well be a step too far for many, especially families. What a shameful way to treat the faithful.
I sincerely hope that old adage " What goes around, comes around " will haunt the Boardroom of that soul less stadium for many a year..... although , alas Bernie and his sidekick may well have left the building by then.