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SOL expansion

Zimba said:
I don't have a clue but if I'm correct they generally just get the money from food/drink sales and a cut of the merchandise aswell but assuming it cost £50m for the expansion of seats and you gain nothing else from it, assuming a 25 year pay off, you'd need to make £2m from the concerts to break even and that's ignoring the extras like more maintenance aswell.
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If it works the same way as most of the industry, then either the artist pays a rental fee for the stadium and gets 100% of the ticket sales, or the club acts a promoter and pays an artist's fee (fixed or percentage of the gross). In either case catering etc goes to the venue.
 

We don’t sell out at our current capacity.

Our stadium is fit for purpose. Let’s concentrate on building a better squad and getting back into the big league.
 
Grumpy Old Man said:
If it works the same way as most of the industry, then either the artist pays a rental fee for the stadium and gets 100% of the ticket sales, or the club acts a promoter and pays an artist's fee (fixed or percentage of the gross). In either case catering etc goes to the venue.
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Thanks for confirming, wasn't too sure if there was a rental fee part of it. Can't imagine the club doing the promoting and it'll be SJM Concerts or what not who seem to do everything.
 
Zimba said:
Thanks for confirming, wasn't too sure if there was a rental fee part of it. Can't imagine the club doing the promoting and it'll be SJM Concerts or what not who seem to do everything.
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We acted as promoters when Gary the Hair was running it. And lost money. I believe we've gone down the rental route. Having been involved in concert hall rental for choral concerts, you can 100% be sure that there will be all kinds of add-ons to the basic charge, including a commission on merchandise.
 
Mowgli said:
It's canny funny how many think we should actually add more seats on these threads.

:lol:
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I personally would not be advocating adding any more seats at the moment as the demand was not there! but if they decided to spend millions on restructuring the ground to add boxes and the ancillary services ,kitchens ect it would be madness not to add extra seats as the main cost of the restructuring for the boxes would mean adding a few more seats would be very cheap and cost effective!It would make complete business sense!But as i said i wouldn't add extra seats as that is not required but as part of bigger investment ...just out of interest if we got to the champions league and we generated a regular attendance of 55.000 (personally i think that's our max no matter how well we do)would you berate the club extending the sol all the way round to make it 63,500 even if we could only occasionally fill it?I will say it again i have no fear of empty seats ! do you?
 
Big Jeff said:
We don’t sell out at our current capacity.

Our stadium is fit for purpose. Let’s concentrate on building a better squad and getting back into the big league.
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The problem being that when we are promoted to the "big league" and are competitive in that league then the capacity now may not be big enough to cope with demand then.

That's on a very presumptive assertion based on the fact that last time we were reasonably competitive in the top flight our attendance was a good 50% higher than when in the second flight during the same era.

Now, when we are in a position where we need a massive expansion to the stadium, we actually need to have started the preparatory work for that a couple of years before.

So, if we were hoping to be in the Premier League and actually competing within the next 4 seasons, ideally we should start prep work in the next year or so, and so should be planning for that now.
 
CaptainRed said:
What's the point in paying a fortune (that we don't have anyway) to make the stadium even bigger and even more soulless than it's been the last couple of games just to so we can make an extra few quid off concerts?

It's a football club first and foremost and that should always be top priority in any thought process, not hosting Ed Sheeran or Pink every once in a while.
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Because they make a fortune. Liverpool were reportedly going to make about 10m quid from hosting Taylor Swift for 3 nights. Toss 2 other gigs in and you’re looking at 15m a year from 5 gigs. You say a few quid but that is basically our gate receipts from a whole season. We can double our gate money and that’s before any other benefits. Tagging @Zimba so I’m not saying the same thing twice
 
halfpast3 said:
Because they make a fortune. Liverpool were reportedly going to make about 10m quid from hosting Taylor Swift for 3 nights. Toss 2 other gigs in and you’re looking at 15m a year from 5 gigs. You say a few quid but that is basically our gate receipts from a whole season. We can double our gate money and that’s before any other benefits. Tagging @Zimba so I’m not saying the same thing twice
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That's for the city rather than the club isn't it? Obviously can't dispute that's a good thing in general though.
 
halfpast3 said:
Because they make a fortune. Liverpool were reportedly going to make about 10m quid from hosting Taylor Swift for 3 nights. Toss 2 other gigs in and you’re looking at 15m a year from 5 gigs. You say a few quid but that is basically our gate receipts from a whole season. We can double our gate money and that’s before any other benefits. Tagging @Zimba so I’m not saying the same thing twice
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So we'd be concert venue first and foremost, football club second. And as an extra bonus for us fans we get to sit in an even emptier stadium.

Sounds great.
 
CaptainRed said:
So we'd be concert venue first and foremost, football club second. And as an extra bonus for us fans we get to sit in an even emptier stadium.

Sounds great.
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No we would be a football club first and foremost but a one that can earn more money that can be spent on, wait for it….. the football club. What makes you think it would be a concert venue first and foremost
 
It needs more commercial stuff around it. Shops, bars, restaurants etc. That’s how it’s done these days. Attracts more people because it’s more of a day/night out rather than a trek in the wind and pissing rain to a freezing stadium which you might leave feeling like shit.
 
halfpast3 said:
No we would be a football club first and foremost but a one that can earn more money that can be spent on, wait for it….. the football club. What makes you think it would be a concert venue first and foremost
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Because we'd be expanding the stadium purely for concerts and for the 23 times per year it's actually used for football we'd be sitting in an even more empty, soulless place. We do well out of concerts as it is. We're the number one stadium concert venue in the NE anyway.

Also I'm not sure how much more money would go to the football club through concerts if we added 10k seats that would remain empty when we play football matches.

The artists hire the venue from us. They keep the ticket money.
 
johnlights said:
Empty seats nor empty hospitality will be filled.
We have peaked in our support.
30k to 46k.
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What a load of nonsense ..peaked ffs ..we have been dross for most of the last 70 years or so ..give the fans a team that competes for more than a couple of seasons and the only limit on our gates will be our population catchment area and the % of that that are interested in football!Our support is magnificent and will never be surpassed ..just give us a team to be worthy of our greatness and you will see how daft our post was!
 
oddbod said:
What a load of nonsense ..peaked ffs ..we have been dross for most of the last 70 years or so ..give the fans a team that competes for more than a couple of seasons and the only limit on our gates will be our population catchment area and the % of that that are interested in football!Our support is magnificent and will never be surpassed ..just give us a team to be worthy of our greatness and you will see how daft our post was!
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I maintain my stance in this.
What's our highest cover average gate?
oddbod said:
What a load of nonsense ..peaked ffs ..we have been dross for most of the last 70 years or so ..give the fans a team that competes for more than a couple of seasons and the only limit on our gates will be our population catchment area and the % of that that are interested in football!Our support is magnificent and will never be surpassed ..just give us a team to be worthy of our greatness and you will see how daft our post was!
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What's our highest ever average?
When the hard core dont turn up, the seats remain empty.
Nufc for instance have loads who will slip in ifvthe hard core don't attend.

We've peaked.
 
Wrenthorpe Mackem said:
Put the pure seats expansion into perspective. Although tbf most calls for 'expansion' focus on the corporate offering, i.e. more and better.
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.Leeds well Ken Bates removed around 4000 seats to put boxes in wonder if we will do similar,

Loads of empty boxes last night.
 
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