Less 20% VAT = £166k
Less Reading's travel & accommodation costs
Less match officials fees and expenses
Less chargeable match specific stadium costs (eg stewards, turnstile operators, floodlighting etc.............)
45% of what's left to Reading and 10% to the FA prize money pool
Then there might match specific bonuses payable to the players and management team
It was reported in the Argus a couple of days ago. That Brighton make 37.5 pence in the pound from the ticket price. After both the VAT & Reading get there cut.
Am I right in thinking that 1901 members get cup games included in their season tickets?
That's correct
Can't be right.
If my maths is correct, that means that expenses + VAT = 17%. Surely VAT alone is 20%
Ticket income = £200k less 17% expenses / VAT = £166k
BHA take 45% cut = £74k which equates to the 37.5 pence in the pound. I'm not an accountant so could be completely off track here!
on an attendance of 20,696 (before any profits from catering and merchandising are added)
Surely it's more like this?
Ticket income = £200k
minus costs (stewarding, lighting etc)
minus VAT (unless Reading and the FA pay VAt on their cut)
minus 10% of whats left to the FA and minus 45% to Reading
So if the 37.5p per ticket is correct then we made just £7,761 from ticket sales based on an attendance of 20,696 (before any profits from catering and merchandising are added)
It's 37.5p in the pound not per ticket!! Unless it should be per ticket.
Interesting about paying the visiting teams accommodation and transport, I never knew that, is that the case for all matches, or just FA Cup games?
I wonder how much extra revenue was generated from the electronic advertising hoardings. The adverts yesterday will have been extras for the regular advertisers, so would have to be paid for. And the FA Cup specific ads would have generated additional revenue too.
Surely we dont pay Reading expenses? What if they decided to fly in or dtay overnight at the Grand, would we pay for that?
You never knew because it's boll@cks. Home clubs do not pay they away teams travel expenses!
In FA Cup games the home club has to pay travel expenses for the away team , it is set out in the competition rules (rule 23 - matchday expenses). These are claimed back as matchday expenses and deducted from the gross takings.
The 1901ers have to be taken off the attendance figure so the number actually buying a ticket could be c17k. Depending on the number of kids and OAPs attending the average price might not be £10 a ticket. The total before expenses are taken off could be more like £150k than £200k. I would suspect that with the reduced pricing , giving Reading their cut and paid up the FA we have broken even.
You never knew because it's boll@cks. Home clubs do not pay they away teams travel expenses!