Romfordboy
10:28 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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i mean say they do the £20 deal for the early rounds thats over a mill in tickets a lone...
not bad for £100k
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Johnson
10:25 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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So not aggressive in the slightest then.
Nice bullshitting Sullivan.
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Romfordboy
10:24 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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Also he doesnt say how much Corp we get already which i believe is accounted for in the commercial portion of revenue..
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Gavros
10:23 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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£100,000 per game over the 25.
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Johnson
10:22 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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Does the contract say what the rate is for games 26 onwards. Sullivan suggested it was quite aggressive.
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Hermit Road
10:22 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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Gavros 10:14 Sat Apr 16
Well that's fucking excellent. Another MASSIVE win for the OS.
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Romfordboy
10:22 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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we should also remember that IF we are in Europe we will have 5-6 sell home games which will add £7-10m as well
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Gavros
10:19 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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So if you want to take the net figure rather than the gross its about £11 million for E20 LLP. Which is about what Charles Sales said it would be in that article in 2012.
http://www.dailymail.co.uk/sport/article-2200756/Olympic-Stadium-bid-West-Ham-high--CHARLES-SALE.html
This is why I'm inclined to believe that story about the stadium sponsor.
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Johnson
10:18 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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Mid season upgrades won't help the FFP calcs I wouldn't have thought Arko.
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Arko
10:14 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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On the other hand quite a few of those kids tickets will be upgraded when people take their mates instead of their kids on quite a regular basis, like evening games or those against local opposition...
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Gavros
10:14 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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Hermit Road 10:13 Sat Apr 16
Yes.
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Gavros
10:14 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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WorldCupWilly 9:59 Sat Apr 16
Fair points there and of course there's the cut the operator, L185 (?) takes but still the point is that to ignore the catering and naming rights in all these news stories and other fans moans is to completely miss the main benefit for the taxpayer.
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Hermit Road
10:13 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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£25-30 million don't sound like much to me, or is it £25-30 million more than this year?
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Johnson
10:12 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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Plus we need to know how many of the up to 100,000 community tickets we're giving away.
That could take a fair whack out too.
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Gavros
10:11 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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These were Whetstone's estimates on normal ticketing and corporate. According to him a total uplift of £24.5 million, though as you say Johnson, there's 10k kids tickets so I'd knock £5 mil off that.
http://www.claretandhugh.info/olympic-stadium-ticket-revenue-revealed/
http://www.claretandhugh.info/12m-boost-for-os-corporate-hospitality/
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Johnson
10:01 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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We have to pay the corporate catering costs I think, WcW.
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AKA ERNIE
10:01 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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Gavros that would be superb and yet further proof a great deals been done for us
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WorldCupWilly
9:59 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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Gavros 9:16 Sat Apr 16
Gav - I think that the Catering Revenue is what is received from the separate catering contract and not the total amount spent on refreshments/alcohol. The agreement doesn't talk about any of the costs of catering (other than the caterers have to provide all the cutlery, plates and glasses. Just as an example - assume that the margins on catering (after supplies and staff costs) are 30%, then if 100% of the Revenue is allocated out and we get 30%, then LLDC in effect get nothing - as someone has to pay the costs.
What I actually think is that the Catering Contract will typically provide a % of the revenue that the caterers pay as a royalty to the Stadium operators - and it is that % that is treated as revenue in our agreement. In which case it is probably nearer £2 per fan that LLDC actually receive as revenue (after the caterers have taken their costs and margin).
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Texas Iron
9:59 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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Gavros 9:54 Sat Apr 16
Plus TV money...retail sales ...ticket sales...
Very nice...
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Texas Iron
9:57 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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We got very smart owners & Vice Chair...
Especially Sullivan...Bs Econ...London University...Queen Mary College...
No flies on Sullivan...
haha...
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Johnson
9:56 Sat Apr 16
Re: Olympic bosses ordered to reveal West Ham stadium deal
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If we've sold 10,000 £99 tickets then how does that skew the expected ST return?
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