25 year season ticket anyone?

Quoted from KingstonMariner

They’re expecting a £1m loss this season.

I wonder what our new incumbents are hoping for from the next season?

Could they be planning on making a loss from their initial investments in the pitches, on top of a high end budget for players and then possibly extra backroom staff etc etc

Spendthrift F***wit F**** proudly managed to keep the books balanced but that was because had no investment in anything. Almost the polar opposite of what 1878 are planning on by the sounds of it.

I suppose it depends on how they intend to fund the new pitch and training pitch. It might be a loan, it might be funded by the Dembele money, they might pay it themselves or (most unlikely) it might be from the operating budget but we know that is likely to be maxed out on the squad.

Yep do it here in Bristol Rugby. Sold a good number too.

Can’t seem to find out how much a regular ST is to calculate the cost...anyone any ideas?

I guess it makes sense when you read the rationale and they’re not looking to shift thousands of them.

It’s rare, unless you end up with a Fenty situation or club falling apart that people wouldn’t get a ST, most seem to have them for life...

Quoted from aldi_01

Can’t seem to find out how much a regular ST is to calculate the cost...anyone any ideas?

I guess it makes sense when you read the rationale and they’re not looking to shift thousands of them.

It’s rare, unless you end up with a Fenty situation or club falling apart that people wouldn’t get a ST, most seem to have them for life...

I did a bit of digging and I believe it’s 10k and they’re trying to shift as many as possible (before then launching 5 and 10 year season tickets - which they’d rather not do!). Was quite hard to get any figures though.

I’d imagine the demographic of Wimbledon supporters must be somewhat wealthy but for them to have launched three similar schemes in recent years makes you ask serious questions about sustainability. Supporters pockets only go so far irrelevant of loyalty.

Just a guide going on the Wimbledon deal.

GTFC 2019/2020 Adult Season ticket for the Young's Upper Stand (£360)  

25 x £360 =  £9,000

No discount but fixed price for 25 years (5% discount for debenture holders)
The 25-year season ticket can be transferred or left in your will.

I seem to recall something about Bury offering "life season tickets" about 20 years ago - that didn't turn out well!

Quoted from Zero_as_a_limit

I seem to recall something about Bury offering "life season tickets" about 20 years ago - that didn't turn out well!

Don't know about Bury but Bradford City did the 25 year season tickets when Geoffrey Richmond was chairman. They then went into administration and all these loyal 25-year season ticket holders were left high and dry. The only concession given was that they received a discount on the normal season price from then on.

I wouldn't touch such an offer with a barge pole.

UTM

Quoted from bradzmilne

I did a bit of digging and I believe it’s 10k and they’re trying to shift as many as possible (before then launching 5 and 10 year season tickets - which they’d rather not do!). Was quite hard to get any figures though.

I’d imagine the demographic of Wimbledon supporters must be somewhat wealthy but for them to have launched three similar schemes in recent years makes you ask serious questions about sustainability. Supporters pockets only go so far irrelevant of loyalty.

They’re not. They explicitly stated a couple of times in that article that they are aiming for 500 maximum, with an initial target of 200.

Wimbledon supporters are better off on average than Town fans, in terms of income. Obviously housing is much more expensive (3x).

I don’t think any of the schemes were gifts from supporters. There was some form of economic benefit as well as helping the club. But you’re right there is a limit.

The other factor is in all this is that if they finished off the stadium with commercial loans it would be more expensive.

Very interesting.  If we shifted 500 25-year season tickets on the figures punted about above we would bring in £4.5million which would be a very significant amount.

Countering that you're then look at approx. £180,000 a summer down on your usual season ticket income.  Let's face it the people who commit to a 25-year deal are likely to be buying one every year regardless.

Then to flip it again, is the new stadium likely to generate more than £180,000 a year extra based on the new facilities etc.  

Purely at face value, it looks a smart move to me.  Put it this way, if it came to it and Town needed to find that money for the new stadium and we were confident new facilities would bring in an extra £180,000 a year (which isn't unreasonable at all) to cover the loss of ticket sales, I'd be all for it.

As others have said, shifting 500 at £9,000 a pop wouldn't be easy at all here. But it really does show that you can be a bit more inventive than just churning out the same crap every season and expecting things to improve.