Old Trafford should have been expanded and improved. Glazers sat on a gold mine and leeched everything.
We would have the finances, people would dream of. We were top of the money league every year and fittingly the sporting side as well.
Can’t hate anyone more than the Glazers. Ruined the club.
Lord_Sesshoumaru77 on
Wow, we have more match revenue than anyone.
GoalIsGood on
Apart from the matchday revenue, Spurs are set to double their non-football events which earned them ~55m last year, that’s equivalent to the whole champions league football money for us with a decent run with the current co-eff(~100m). Without the new stadium they couldn’t have splashed the money this summer and hoped to be competitive next year.
Here with the new SCR rules which counts the revenue (%) directly, the money from these non-football events are going to be essential and diff makers, until this becomes the norm. So sooner the bigger modern ‘New Trafford’, the better. It’s a shame but required modernization on a 100 years old stadium is simply not financially viable even though it could be technically.
Peregrin-nocturnal99 on
“Is generating more revenue a way to spend more money?”
beelydog on
Save you a click.
The cost to build the thing is excluded from PSR calculations, but the extra income that comes from a new stadium is part of the calc. So it’s obviously very advantageous in terms of PSR.
But the payback period could be long, so it works better if (a) you have a large enough international fan base as tourists pay a LOT more for tickets (b) the stadium is well located for non football events like concerts.
So it works better for a London club with international fans like Spurs, not so well for Everton
Gortonis on
It certainly didn’t save Everton from a points deduction
Current-Essay7448 on
Slightly glosses over the different prices that the London market will bear, a good 20-30% more than the rest of the country in terms of general tickets, potentially far higher for the executive/tourist ones.
From memory, the plans for the new stadium weren’t involving substantial non-football events, which seems short sighted. There will be added operational costs, but I think the technology has reached a point where you can preserve the quality of the playing surface and turn a profit from getting greater use out of the stadium, even if just breaking even is advantageous in SCR terms by raising the revenue figure.
8 Comments
No
Old Trafford should have been expanded and improved. Glazers sat on a gold mine and leeched everything.
We would have the finances, people would dream of. We were top of the money league every year and fittingly the sporting side as well.
Can’t hate anyone more than the Glazers. Ruined the club.
Wow, we have more match revenue than anyone.
Apart from the matchday revenue, Spurs are set to double their non-football events which earned them ~55m last year, that’s equivalent to the whole champions league football money for us with a decent run with the current co-eff(~100m). Without the new stadium they couldn’t have splashed the money this summer and hoped to be competitive next year.
Here with the new SCR rules which counts the revenue (%) directly, the money from these non-football events are going to be essential and diff makers, until this becomes the norm. So sooner the bigger modern ‘New Trafford’, the better. It’s a shame but required modernization on a 100 years old stadium is simply not financially viable even though it could be technically.
“Is generating more revenue a way to spend more money?”
Save you a click.
The cost to build the thing is excluded from PSR calculations, but the extra income that comes from a new stadium is part of the calc. So it’s obviously very advantageous in terms of PSR.
But the payback period could be long, so it works better if (a) you have a large enough international fan base as tourists pay a LOT more for tickets (b) the stadium is well located for non football events like concerts.
So it works better for a London club with international fans like Spurs, not so well for Everton
It certainly didn’t save Everton from a points deduction
Slightly glosses over the different prices that the London market will bear, a good 20-30% more than the rest of the country in terms of general tickets, potentially far higher for the executive/tourist ones.
From memory, the plans for the new stadium weren’t involving substantial non-football events, which seems short sighted. There will be added operational costs, but I think the technology has reached a point where you can preserve the quality of the playing surface and turn a profit from getting greater use out of the stadium, even if just breaking even is advantageous in SCR terms by raising the revenue figure.