https://www.bbc.co.uk/sport/football/50075572
Some interesting stats and thoughts in this article about the profitability of clubs and successful running of a football club. Even some from Alan Hardy, his views are considered 'too simplistic'.
I would agree that football clubs need to set up separate businesses under the football clubs umbrella group as a way to secure additional funding.
Real estate, conference facilities, community uses, e-sports, platforms for sponsorship... Anything really!
As a club, I believe that we should be looking way beyond the 'saturday afternoon' culture and start looking at how we can create new viable business to feed into MTFC.
The big questions are what, and how?
Are we doing enough to generate income?
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Are we doing enough to generate income?
by arsene wengers coat » Thu Oct 17, 2019 2:52 pm
You've got to go there and come back, to know where you've been.
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Re: Are we doing enough to generate income?
by MTFCMAD » Thu Oct 17, 2019 3:54 pm
arsene wengers coat wrote:https://www.bbc.co.uk/sport/football/50075572
Some interesting stats and thoughts in this article about the profitability of clubs and successful running of a football club. Even some from Alan Hardy, his views are considered 'too simplistic'.
I would agree that football clubs need to set up separate businesses under the football clubs umbrella group as a way to secure additional funding.
Real estate, conference facilities, community uses, e-sports, platforms for sponsorship... Anything really!
As a club, I believe that we should be looking way beyond the 'saturday afternoon' culture and start looking at how we can create new viable business to feed into MTFC.
The big questions are what, and how?
Im pretty sure the club is a 24/7 business already with Sandys Bar and the 1897 lounge as well as the 3g pitches. Dont forget the hotel which should bring in substantial rent. This is not an area the club has any need to worry about IMO as i feel we are ahead of the majority of clubs in the bottom two divisions.
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Re: Are we doing enough to generate income?
by adamstag » Thu Oct 17, 2019 4:09 pm
Whereas I don’t know the full details surely the club has got to be making as much money as it has ever done off the field.
The facilities are better than ever, what they’ve done outside the ground on match days is brilliant.
I just wonder if they’re going to persevere with an outside bar (with more cover) when the weather starts to turn, our next game will have seen the clocks turn so they’ve hopefully thought of something to counteract that and make it as appealing as possible
The facilities are better than ever, what they’ve done outside the ground on match days is brilliant.
I just wonder if they’re going to persevere with an outside bar (with more cover) when the weather starts to turn, our next game will have seen the clocks turn so they’ve hopefully thought of something to counteract that and make it as appealing as possible
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Re: Are we doing enough to generate income?
by tibby » Thu Oct 17, 2019 5:13 pm
Take in a game of ice hockey at Sheffield to see how money making is really done.
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Re: Are we doing enough to generate income?
by StagsFan83 » Thu Oct 17, 2019 6:01 pm
I think the fact that anything that moves is sponsored means we probably are!!
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Re: Are we doing enough to generate income?
by Stags 2002 » Thu Oct 17, 2019 7:27 pm
Are we doing enough to generate income? Hard to say given the recent accounts frustratingly don't include a P&L so we can't see if y.o.y revenue is growing.
Generating income is only half the battle it also needs to be profitable income. We could generate £1bn sales revenue but if costs are £1.1bn we still make a net loss. We made a loss within the recent accounts therefore we aren't generating enough income with sufficient profit margin.
We're moving in the right direction, card machines on kiosks etc but more can always be done.
Generating income is only half the battle it also needs to be profitable income. We could generate £1bn sales revenue but if costs are £1.1bn we still make a net loss. We made a loss within the recent accounts therefore we aren't generating enough income with sufficient profit margin.
We're moving in the right direction, card machines on kiosks etc but more can always be done.
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