Thetownend.com

Club gets go-ahead to stage live music concerts
           
           


  SWINDON Town have agreed a deal to stage concerts at the County Ground worth a seven-figure sum each year to the club, chairman Jed McCrory has revealed.

           

http://www.thisisswindontownfc.co.uk/news/headlines/10335145.Club_gets_go_ahead_to_stage_live_music_concerts/?ref=rss
           
           
           

Nice made up figures.

I wouldn't have thought its as easy as that to make money from concerts but what do I know..

My moneys on Chris De Burgh

Of course you can make money, if you know what you are doing, and by all accounts at least some of the board do.

Anyone have any idea what we made on previous concerts?

Was it Elton John where all the money the concert made had to go towards redoing the pitch which was ruined by said concert

Great no pre season friendly's for our players for the next 5 years. Is it really worth the effort.

Diamandis confirmed the Brian Adams concert made the club £50k.
If you work on the basis that every concert sells out and a 15,000 capacity then each person would need to make a clear £5,56 to make the £1m mark excluding marketing, ticketing, sponsorship etc.
I would have thought Saxondale would have a view on this.

After a brief search there were approx 17,000 people at the Bryan Adams concert. Ticket prices were between £30 and £45, so let's say an average price of £35. That's £595,000 gross, without any extra revenue (drinks, food, etc).
A net profit of £50K seems low, but I have no idea how much these things cost to host though.

I'm confused. Why is an investment firm run by an accountant organising concerts? Avelon Investments (http://www.avaloninvestment.co.uk/) is run by Harry Kerr, someone who contributes to the financial press and was linked to a takeover at Portsmouth.  It has nothing to do with entertainment.

Or there is also a firm called Avalon Entertainment (http://www.avalonuk.com/corporate/staff) which is an international company. This looks more likely and certainly seems professional and acts for a number of top artists.

So have the Adver got its facts wrong or does Jed et al know what they're doing?

The key word in the "profit" published for the Bryan Adams concert is Diamandis.  I wonder if there some high publishing costs for marketing material.

If a certain fat Greek bastard known for little more than being a cunt can turn a 50k profit from a concert. Could somebody that is supposedly in the music business turn a 150k profit?

Also if Diamond Mike declares any profit, it's reasonable to assume the real profit made would be somewhat higher.

@SamMorshead_SA: @tansstfc1983 obviously you've put doubt in my mind but I spoke to Avalon Investments yesterday. It is them.

 I'd imagine the club will get some kind of fee, for the use of the CG, then anything else will go diferent pockets.

The last time, the pitch wasn't ruined by punters feet, but the mass of the stage, which basically sunk into it.

There is good case to make for artificial pitches in the lower leagues...although not ideal, in these days of climate change and multiple use, it has to be the way forward.  Look at some of the shit heaps we've had to endure recently. Football is pretty much a stay on your feet game these days....so it might improve skill levels.

Cheers...it still seems odd. We'll have to wait for more details I guess. But it's yet another question...they're stacking up.

The artificial pitches have made it into Rugby, which has way more floor contact with little issues thus far.  There are claims of injuries but I believe the stats show that while the type of injuries are different, they are less frequent - more twists than strains.

The point about some of the recent pitches should be a good reason to consider it in fact.  We've seen games in recent weeks played on ploughed farms and beaches, or a bit of both.

Starting to feel for the board a bit, they are on a hiding to nothing with a lot of people aren't they FFS.

Constant moaning and questioning of their finances, then when they announce a strategy for generating revenue people just piss and moan about the company they contract to do it or what it's going to do to the pitch.

Stop being so precious and over analysing every little thing. Caution and oversight are absolutely warranted when new and unknown persons invest in the club. Petty nitpicking seems OTT to me.

I'm all for them using the CG as a live music concert place as long as they get some decent bands and not shite like girls aloud.

JLS and 1D do you :eek:

Why? They would sell out in minutes at big ticket prices

I don't give a shit about the standard of acts they get, all that matters to me is getting as much money as possible from it.

Maybe it's a tax thing.  Wasn't investing in rubbish films all the rage until they closed that loophole.  You chuck some investment into a loss making facility which allows some sort of tax write off to occur - Si?
They may well be paying the club to use the facilities and retaining all ticket receipts, but also incurring the losses for putting it on.  Rich people find all sorts of imaginative ways of making money even when they are losing it.

It's also worth noting that the corporate hospitality facilities are much improved now compared to the previous efforts, so more ways of milking the crazy people willing to pay the prices (I've done this myself at Wembley for a concert, it ends in a 2 hour roundtrip on the Central line until someone wakes you).

There were various film investment schemes, some were complete loss makers for tax offsetting, others were based on investing in a company that purchased film rights with borrowed money, who then claimed tax relief on loan interest payments.

Concerts, artificial pitches.. I feel a conspiracy coming on :)