Re: 3rd Stadium in the city along with Etihad and the MCG
BT Again you are looking for reasons for it not to work and have not understood even the first sentence and have just thought about how we currently do things in Australia, AFL in particular. Where did I say renewal of $200?
The $10,000 for he 5000 is UP FRONT and the $50,000,000 raised from this for the build Guarantees seats that are transferable for the next 25 years. Given seating already costs $200 per year the value for those individuals or corporates is immense when you look at the value of money over time. Any government or AFL funding which we do get at the moment, becomes a bonus but by tying the project to the community the contributions becomes greater.
They still need to renew memberships to utilise the seats if they opt out we already have the seat money and building done. This merely opens opportunities to on sell the seats.
Seriously, you talk about $250,000 pa for upkeep? We still have 12,000 to 15,000 seats to sell per game or per annum on top of memberships. We still have a clean stadium for advertising ad catering. We still have, 5000 seats for General admission and up to 5,000 for standing room, for 8 games per year. Even at a 50% take up, say 6,000 seats at $25 per seat per game is $1.2 million, and we still have 6,000 to 9,000 more seats to sell, plus membership, plus admission, plus catering plus advertising and I have not even added in Corporates other than they would have purchased a portion of the 5,000 seats.
Yes we are one of the poorest clubs in Melbourne, and if we keep doing things the same way and thinking the same way we will remain there.
My concern BT is not that you think this way. I am not sure of your corporate experience and expertise in this area. My concern is the board is still in defensive crisis mode as it has been for many years and are still coming up with the same lack of vision negative thoughts contained in your reply, which will forever see us totally dependant on the AFL not working with them. There are always opportunities and now where the AFL NEEDS to get its heartland re engaged, maybe, just maybe we can take the opportunity.
BT Again you are looking for reasons for it not to work and have not understood even the first sentence and have just thought about how we currently do things in Australia, AFL in particular. Where did I say renewal of $200?
The $10,000 for he 5000 is UP FRONT and the $50,000,000 raised from this for the build Guarantees seats that are transferable for the next 25 years. Given seating already costs $200 per year the value for those individuals or corporates is immense when you look at the value of money over time. Any government or AFL funding which we do get at the moment, becomes a bonus but by tying the project to the community the contributions becomes greater.
They still need to renew memberships to utilise the seats if they opt out we already have the seat money and building done. This merely opens opportunities to on sell the seats.
Seriously, you talk about $250,000 pa for upkeep? We still have 12,000 to 15,000 seats to sell per game or per annum on top of memberships. We still have a clean stadium for advertising ad catering. We still have, 5000 seats for General admission and up to 5,000 for standing room, for 8 games per year. Even at a 50% take up, say 6,000 seats at $25 per seat per game is $1.2 million, and we still have 6,000 to 9,000 more seats to sell, plus membership, plus admission, plus catering plus advertising and I have not even added in Corporates other than they would have purchased a portion of the 5,000 seats.
Yes we are one of the poorest clubs in Melbourne, and if we keep doing things the same way and thinking the same way we will remain there.
My concern BT is not that you think this way. I am not sure of your corporate experience and expertise in this area. My concern is the board is still in defensive crisis mode as it has been for many years and are still coming up with the same lack of vision negative thoughts contained in your reply, which will forever see us totally dependant on the AFL not working with them. There are always opportunities and now where the AFL NEEDS to get its heartland re engaged, maybe, just maybe we can take the opportunity.
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