Paul B
Level: Callum O'Dowda
(106 Apps, 14 Gls)
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And he did not disappoint! (Toughsheet - indeed!)The one that everybody has been waiting for after @Colin B comments…
Bolton's stadium is already called the Toughsheet Community Stadium under their new five year naming rights deal.Good write up as usual Paul.
Is the stadium really going to be called the Toughsheet Stadium?
Interesting analysis Colin. It really highlights how the new Stadium with hotel could transform the clubs finances. It will be intersting to understand how the finances on the new stadium will be structured ( hotel, stadium and catering/ other events).
This does of course, depend on crowds growing significantly when there is a 16k stadium and, as you suggest, the communication and relationship between the club and supporters is vital.
GA? F&B? They are 'Goals Against' and 'Frankie & Benny's' to me...Bolton's stadium is already called the Toughsheet Community Stadium under their new five year naming rights deal.
The commercial projections for our new stadium were very detailed and took into account all elements, such as GA, Premium GA and boxes, naming rights, perimeter and scoreboard advertising, match day F&B, concessions, conference and banqueting, hotel, and lettable space, as the income streams produced by the stadium. Other income streams such as shirt sponsorship, retail, EFL income, academy grants, general sponsorships, player trading etc were not included. The stadium income would have paid for the stadium, while leaving a comfortable amount left to go towards running the club, and a range of repayment terms were looked at from 10 to 25 years. Although interest rates were much lower then, a rate was used for these calculations that was not too far away from today's rates. None of this included any capital injection from selling the hotel operating rights, selling the long term lease on the lettable space, a one off naming rights deal (ie 10 years up front) or indeed any capital injection from our owners. It was based on average attendances of 12,000/13,000. All in all, it was very robust and achievable.
I have no idea if this is still the case, and I know the build cost has increased significantly. It concerns me that we are not being given even a broad brush of the business plan by the people running the club/stadium project.
It further concerns me that our supporters trust either haven't asked these questions. Have asked them and have not been told the answers. Or have asked, have been told, but have not relayed this information to the wider fanbase.
Sorry, thought everyone had read enough stadium updates to know what these abbreviations meant, by now? General Admission and Food & Beverage.GA? F&B? They are 'Goals Against' and 'Frankie & Benny's' to me...
Well they are bloody obvious now you've spelt them out to me... I'm obviously too deep in my coding this morning, my brain just couldn't work them out!!! Thanks.Sorry, thought everyone had read enough stadium updates to know what these abbreviations meant, by now? General Admission and Food & Beverage.
I am not sure that I had heard that before.The commercial projections for our new stadium were very detailed and took into account all elements, such as GA, Premium GA and boxes, naming rights, perimeter and scoreboard advertising, match day F&B, concessions, conference and banqueting, hotel, and lettable space, as the income streams produced by the stadium. Other income streams such as shirt sponsorship, retail, EFL income, academy grants, general sponsorships, player trading etc were not included. The stadium income would have paid for the stadium, while leaving a comfortable amount left to go towards running the club, and a range of repayment terms were looked at from 10 to 25 years. Although interest rates were much lower then, a rate was used for these calculations that was not too far away from today's rates. None of this included any capital injection from selling the hotel operating rights, selling the long term lease on the lettable space, a one off naming rights deal (ie 10 years up front) or indeed any capital injection from our owners. It was based on average attendances of 12,000/13,000. All in all, it was very robust and achievable.