Simon Pieman
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« Reply #120 on: Thursday, June 11, 2009, 15:20:14 » |
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He did in this very thread
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axs
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« Reply #121 on: Thursday, June 11, 2009, 15:20:30 » |
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In that case its more like 300.
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Samdy Gray
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« Reply #122 on: Thursday, June 11, 2009, 15:22:30 » |
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In today's money it works out at £270 a season, so basically this seasons ticket price frozen for the next five years. Quite a good deal really.
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nevillew
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« Reply #123 on: Thursday, June 11, 2009, 15:23:48 » |
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In today's money it works out at £270 a season, so basically this seasons ticket price frozen for the next five years. Quite a good deal really.
Yes, so long as we continue to improve. No, if we're in the bottom half of league 2 or worse. |
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Paolo Di Canio, it's Paolo Di Canio
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Spy
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« Reply #124 on: Thursday, June 11, 2009, 16:27:42 » |
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In today's money it works out at £270 a season, so basically this seasons ticket price frozen for the next five years. Quite a good deal really.
Exactly. Even if we stayed in the same division season tickets prices will still go up quite a lot in 5 years. Even if we went down to League 2 in a few years I don't think the price would be less than £270... well not much less anyway. |
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Ralphy
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« Reply #125 on: Thursday, June 11, 2009, 17:19:14 » |
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I look at it as an investment !
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jonny72
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« Reply #126 on: Thursday, June 11, 2009, 19:34:09 » |
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It used to be that if you paid by credit card, the credit card companies would hand over the money one month at a time. However, that was a special arrangement imposed by the cc companies at the time as we were in such an appalling state financially and they didn't want to be left holding the baby if we went belly up half way through the season. It may well have been lifted now.
But as Phil says, we're not the Swindon Town of two years ago or the Southampton of today. We're not going bust anymore
I hadn't thought about the credit cards, wouldn't surprise me if it was still in place. Its all about risk for the credit card companies and I'd have thought that a League 1 football club was high risk - when I ran an online shop I had to provide a personal guarantee for chargebacks. Quite possibly something similar in place with the financing company they are using. Either way, some form of ring fencing would make sense - the club shouldn't be spending the money until they've earned it - or its just asking for trouble. |
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Simon Pieman
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« Reply #127 on: Thursday, June 11, 2009, 20:27:25 » |
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If it's cash it'll just go straight to the club bank account.
Monitoring, spending and receiving money will be done through cash flow statements/forecasts and I know the club now has a proper accounts team so they'll know their position.
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reeves4england
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We'll never die!
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« Reply #128 on: Friday, June 12, 2009, 01:01:44 » |
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Exactly. Even if we stayed in the same division season tickets prices will still go up quite a lot in 5 years.
Given current levels of inflation that's far from guaranteed! Although I do think it will turn out they got a good deal |
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lambourn red
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« Reply #129 on: Friday, June 12, 2009, 06:38:28 » |
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Given current levels of inflation that's far from guaranteed! Although I do think it will turn out they got a good deal
Football is different when it comes to inflation etc as players wages seem to just keep rising irrespective of what the rest of the economy is doing. |
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Ardiles
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Stirlingshire Reds
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« Reply #130 on: Friday, June 12, 2009, 07:19:47 » |
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Sooner or later there will be an asset price crash in the high end football market, just as there has been in other spheres of the economy. In a few years from now, when Ronaldo is still the best footballer in the world and worth £25m, this could look like a pretty smart move by Man United.
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lambourn red
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« Reply #131 on: Friday, June 12, 2009, 08:00:29 » |
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Totally agree, it can not be sustainable even at the highest levels of the game. There is talk in the spanish papers this morning that Ronaldo could be on £500,000 a week by the end of his contract as it rises by x% every year of a rumoured 5 year deal.
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Summerof69
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« Reply #132 on: Friday, June 12, 2009, 08:22:33 » |
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Totally agree, it can not be sustainable even at the highest levels of the game. There is talk in the spanish papers this morning that Ronaldo could be on £500,000 a week by the end of his contract as it rises by x% every year of a rumoured 5 year deal.
Ridiculous money. I know Chelski got criticised for their spending, but what Real have done over the last few days is ridiculous, and they are over £500m in debt !!! |
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Phil_S
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Who changed my Avatar ?!
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« Reply #133 on: Friday, June 12, 2009, 08:26:39 » |
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With Setanta looking like they are going down the pan, that'll leave less competition for Sky. So the amount that the premiersh1t get from TV will probably fall now.
Also a lot of club owners have fewer billions now too.
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From the Dark Side
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Ron Burgundy
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« Reply #134 on: Friday, June 12, 2009, 13:03:31 » |
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Nick Watkins said in today's adver that only two people have signed up for the 5year option. That says alot
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"I'm kinda a big deal"
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