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Thread: A glance at Notts' finances...

  1. #1
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    A glance at Notts' finances...

    Only brief but a good insight into where the club stands at this snapshot...

    https://footballeconomyv2.blogspot.c...n-through.html

  2. #2
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    Quote Originally Posted by SwalePie View Post
    Only brief but a good insight into where the club stands at this snapshot...

    https://footballeconomyv2.blogspot.c...n-through.html
    So we are still losing £1.5 million a year.....but not as much as AH budgeted for......and that is despite a decent Cup run and increased attendances?......how the hell do you make a profit at this level then?

  3. #3
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    Quote Originally Posted by SwalePie View Post
    Only brief but a good insight into where the club stands at this snapshot...

    https://footballeconomyv2.blogspot.c...n-through.html
    Much of that relates to the RT era and I presume that any liabilities to Paragon are finally sorted after the legal battles last year in which RT seems to have managed one way or another to get some of his losses back.

    AH has recently stated that the club is losing £1.5m/yr despite the January statement of less being £250m less than budgeted. This is approximately £65k/home game (23 games) requiring an average of over 3,000* more through the gate over the season. That's not going to happen any time soon though we don't know if the £1.5m is really £1.25m after the cup run/televised games and whether the figure takes into account the current increases in gates ie is "8 through the gate" a break-even figure.

    * The approx £20/ticket assumption was based on a recent tweet on Apr 8th about cutting back on away tickets to reduce the noise volume/support of visiting teams and remember that away supporters on average pay more than home supporters:

    Alan Hardy
    ‏Verified account @Bigalanh5
    Apr 8

    Alan Hardy Retweeted Mark Beal

    I’d love to accommodate you but those extra 3,500 tickets are worth £70,000 and the fact that we are still losing over £1.5m a year then it would be commercially naive and suicidal not to maximise every opportunity. Sorry

  4. #4
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    Quote Originally Posted by tarquinbeech View Post
    So we are still losing £1.5 million a year.....but not as much as AH budgeted for......and that is despite a decent Cup run and increased attendances?......how the hell do you make a profit at this level then?
    The only way to make a profit is to sell home grown produce. Tony Hateley, Jeff Astle or to sell players at a profit. I don't think we currentl have anyone we could sell and RT acted quickly to get the dosh of the youngster who went to Liverpool.

    Or look at it another way, AH's season ticket costs £1.5m but that includes entry to cup games!

  5. #5
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    Quote Originally Posted by Old_pie View Post
    The only way to make a profit is to sell home grown produce. Tony Hateley, Jeff Astle or to sell players at a profit. I don't think we currentl have anyone we could sell and RT acted quickly to get the dosh of the youngster who went to Liverpool.

    Or look at it another way, AH's season ticket costs £1.5m but that includes entry to cup games!
    I am sticking to goats.....every baby that survives 6 months is worth £25......£40 if it makes it to a year old.

    I love watching Notts, but it is a recipe for bankruptcy for the owners

  6. #6
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    Quote Originally Posted by tarquinbeech View Post
    I am sticking to goats.....every baby that survives 6 months is worth £25......£40 if it makes it to a year old.

    I love watching Notts, but it is a recipe for bankruptcy for the owners
    It's the old adage of how to become a millionaire

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    .
    .
    .

    start with a billion then buy a football club - simplz.

  7. #7
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    Didn't Alan Hardy say the break even figure was to average crowds of 7,700,well we have topped that.How much are Accrington in debt with crowds averaging less than 2,000?

  8. #8
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    Quote Originally Posted by gozzie321 View Post
    Didn't Alan Hardy say the break even figure was to average crowds of 7,700,well we have topped that.How much are Accrington in debt with crowds averaging less than 2,000?
    He probably meant 7,700 paying £20 though. A crowd of less than 2,000 at that price would have brought in the same revenue as the "£2 for Crewe" gate. Things are going the right way and the last few gates should be interesting with play-offs looming plus the games themselves but I'd guess we're still a couple of thousand regulars short of break-even though heading the right direction.

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