Economies of scale could make them cheaper, hence sell more.He's living in a dream world if he thinks we'll sell that many extra corporate seats, given we struggle to sell the current offering.
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Economies of scale could make them cheaper, hence sell more.He's living in a dream world if he thinks we'll sell that many extra corporate seats, given we struggle to sell the current offering.
Having listened to it , I'm glad he's only the interim CEO and will take a step back soon hopefully.I really enjoyed that, actually.
Probably worth noting that he's appearing on a sports business podcast and not one specifically aimed at Sunderland fans, so if people are ever so slightly uncomfortable with the way he speaks, then they just need to swallow it, really, as he's in a room with other sports business types who are pretty much all cut from the same cloth.
Burwell is only acting as the interim CEO and he was keen during that chat to point out that he was actually interviewing for the permanent role that same day, so whilst he's got a high level oversight of the running of the club, at some point soon he'll step back in his role with the sporting group that owns us and the running of SAFC will eventually be left to whoever they have in mind, which is both daunting and exciting.
The most intriguing thing that stood out to me was how far behind we are because of spending ten years in the wilderness. It's obviously been viewed that whilst we are moving quickly, we aren't moving quickly enough, and at a corporate level, we need to bring some serious experience in to help shift Sunderland into the 21st century so that we don't end up lagging behind other clubs in the top flight commercially.
The uncomfortable truth is that if we want a competitive team in the Premier League, there are going to be some unpopular decisions made. However, I trust this owner and board as they've given us no reason not to trust them.
We're a very attractive football club right now, which I imagine makes us a tasty proposition for ambitious executives who really want to get stuck into a project that could do wonders for their career, and I don't think we should fear that. It's a long way away from being seen as the biggest basket case in England, where nobody of worth would have touched us with a barge pole.
Watched it through and I'm not sure of this fella at all.
Burnley and Brigton open 5 days a week,Bournemouth 7 days a week!is Burnley, Bournemouth and Brighton really totally online? Would be interesting to fact check!
check out the clown the visitors have gotWatched it through and I'm not sure of this fella at all.
Do you work in the industry?We will get an annual fee from Hummel. Will be about £400k a year. We will have received a promotion bonus. I reckon it will have been about £800k / £1m and then we’ll probably get an additional £100k a year being in premier league so this summer we’ll probably get about £500k.
This is about 10% of what a top 6 team will get.
Shirt sales will be peanuts due to the deal we have. Fanatics own the result therefore they take the margin. We will get a royalty payment. Probably around 5%.
I’d estimate the following structure roughly.
Costs Hummel £15 landed into UK.
Sells to Fanatics for £30.
Fanatics sells it’s for £60.
Royalties due to club about £3 per shirt.
We’ll sell about 100k shirts this season.
So £300k royalties plus £400k annual fee. Total £700k.
Now… imagine we made the kit ourselves!!
Using the same figures as above we would make £4.5m vs £700k.
Yes it would cost us about £0.5m to set up a team to do it etc. but that would be offset with the additional revenue you make by doing other merch like training wear, generic stuff like cotton tees, polos, baby grows etc etc.
You’d made another couple of million in profit doing that sort of stuff.
There is a very strong argument to make in the club doing it themselves in my opinion.
An argument to the tune of about £6m / £7m additional profit.
Clubs can buy themselves out of the contract. Hummel won’t let this go mind easily. It’s a great deal for them. They might be persuaded next year once the novelty has worn off. You always see a decline in sales in years 4 and 5 of a 5 year deal.
Give me a clue which group it isI might have a Roker Report logo as my profile pic, but I don't speak on behalf of anyone but myself. That was just my take, having listened to it
You should be brave and change your photo to the group you represent, my dear...
i thought that until he mentioned making the kit ourselvesDo you work in the industry?
Put the away fans back in the South Stand.He definitely wants more corporate seats he quoted how much more Everton were making in there new stadium. I can see a big extension to the east stand with something like Evertons village Street running the length of the stand were you can drink and eat and walk a few yards to your padded seats
No one allowed an opinion then?bloody hell![]()
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I wouldn’t pay for corporate behind the goal I'd want to be on the halfway line. All the corporate is sold out the only ones they have trouble selling are the 76 yards behind the goal in the north standPut the away fans back in the South Stand.
Open the North Stand Upper back up there are 3 blocks of Seats currently empty each match day which were Black Cat Bar Seats. These could be corporate again.
Or you extend the South Stand & the front blocks of seats become Corporate.
Which isnt surprising as these werent the original seats that went with that bar.I wouldn’t pay for corporate behind the goal I'd want to be on the halfway line. All the corporate is sold out the only ones they have trouble selling are the 76 yards behind the goal in the north stand
About £2,300Which isnt surprising as these werent the original seats that went with that bar.
The original seats were the one in the front blocks upstairs.
How much is a season card for the 76 Yards bar.
Not sure but for a cat A match it's £300 a ticket for Forest it's about £240Which isnt surprising as these werent the original seats that went with that bar.
The original seats were the one in the front blocks upstairs.
How much is a season card for the 76 Yards bar.
Been watching too much dragons den he reckons hes that toukar fellai thought that until he mentioned making the kit ourselves
If they do build the one thing we can be reasonably sure of is the prices won’t be decreased because there’s more capacity. Similarly we all know they’ll be looking at concession prices and areas as well because we have a healthy % that aren’t paying full priceEconomies of scale could make them cheaper, hence sell more.
I might be taking your point too literally but you don’t need to follow or understand those things to support or enjoy the team on the pitchIt's pretty sad that modern football has fans talking about revenue and finances. Feels like in order to know what's going on at the club you need a business and finance degree. I just want to watch the lads win as much as possible not worry about increasing corporate sales in order to have enough revenue to sign a player. Or how many pies we need to sell at half time to compete with Brighton ffs.
Football conversations are now more focused on the financial stuff rather than actual football