Profit/Loss can be defined in a number of ways. Your method looks at the match day revenue and cost in isolation. Nothing wrong with that. Another method involves including day to day club running costs to which match days are supposed to help finance. This is the way most businesses look at their profit/loss. For instance a team in a business will usually have to include in their costs an amount for desk space, HR etc. Under this definition I would imagine the MK Dons game operated at a significant loss.
Would be interested to see how you arrive at that and what you consider is a 'heavy loss'. Say the crowd was approx 25% kids, gate receipts would have been approx £115k plus £67.5k. Most of the ground was closed so running costs would have been reduced drastically, no travel subsidy to pay. Add in something for programmes and concessions. So struggling to see where this 'heavy loss' comes from?
But wouldn't it be prudent not to budget for a home cup tie, or at least not one attracting a crowd of above 10k?
Being there's no guarantee of a home cup game then surely only direct costs would give you a correct indicator of profit. In turn that profit would counter some every day costs. I would imagine we made a small match day operating profit allowing Mr Bloom only a shortfall of 499000 this week
Prices were £12 for adults, £8 pensionsers, £4? for kids. Say £10 average. 11,000 in attendance, minus 2,800 1901 (already paid) = £82,000 gate receipt. Minus VAT = £68,333.
55% of gate receipts go to the Dongs / the FA.
Huge operating costs (stewards, other staff, floodlights, etc.) partially offset by catering.
Ipswich v Lincoln highlights. Worth watching for the commentary alone.
http://www.bbc.co.uk/sport/football/38474572
Prices were £12 for adults, £8 pensionsers, £4? for kids. Say £10 average. 11,000 in attendance, minus 2,800 1901 (already paid) = £82,000 gate receipt. Minus VAT = £68,333.
55% of gate receipts go to the Dongs / the FA.
Huge operating costs (stewards, other staff, floodlights, etc.) partially offset by catering.
Prices were £12 for adults, £8 pensionsers, £4? for kids. Say £10 average. 11,000 in attendance, minus 2,800 1901 (already paid) = £82,000 gate receipt. Minus VAT = £68,333.
55% of gate receipts go to the Dongs / the FA.
Huge operating costs (stewards, other staff, floodlights, etc.) partially offset by catering.
Just noticed this.Lincoln v Ipswich replay being shown live on BBC. 17/1 805pm.
PG