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Phoenix Ownership - Rob says FTFFA (Part 2)

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Posted May 15, 2018 22:26 · last edited March 18, 2021 07:34

coochiee wrote:
Maaaaaaatt wrote:
coochiee wrote:
AucklandPhoenix wrote:

So if Wellnix had been successful in flogging the club for 15 million, how much money does everyone think they would have made/lost bearing in mind other revenue streams?

Without looking at financial accounts for last 7 years, simply impossible to know. 

But if continually told need crowds of 10k to break even, but in truth averaging 5-6k, someone smart with numbers could have a stab.

My guess is still a loss.

Just did a back of the envelope based on the attendance figures for games at westpac on Ultimate A-league. I couldn't be arsed bringing in the travelling circus games.  

Assuming:
10k attendance is break even &

$15 is the average revenue per ticket

Welnix would have lost $3.2 million since September 2011, or $40k per game. Lifting the average ticket to $20 would bring the loss up to $4.3 million so the numbers are very rough.

Interesting back of the envelope stuff. Terry S apparently tipped in $1.5M a season, when paying the players but not the IRD.

Is that only losses from stadium hire? I don't assume that takes into account costs associated with academy, central league, handa youth and prem teams, and first team (which we are told is just about always above the cap in terms of $ spent), marketing and other staffing costs when the main source of income doesn't even cover the cost of our first team.

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Unknown editor edited March 18, 2021 07:34
coochiee wrote:
Maaaaaaatt wrote:
coochiee wrote:
AucklandPhoenix wrote:

So if Wellnix had been successful in flogging the club for 15 million, how much money does everyone think they would have made/lost bearing in mind other revenue streams?

Without looking at financial accounts for last 7 years, simply impossible to know. 

But if continually told need crowds of 10k to break even, but in truth averaging 5-6k, someone smart with numbers could have a stab.

My guess is still a loss.

Just did a back of the envelope based on the attendance figures for games at westpac on Ultimate A-league. I couldn't be arsed bringing in the travelling circus games.  

Assuming:
10k attendance is break even &

$15 is the average revenue per ticket

Welnix would have lost $3.2 million since September 2011, or $40k per game. Lifting the average ticket to $20 would bring the loss up to $4.3 million so the numbers are very rough.

Interesting back of the envelope stuff. Terry S apparently tipped in $1.5M a season, when paying the players but not the IRD.

Is that only losses from stadium hire? I don't assume that takes into account costs associated with academy, central league, handa youth and prem teams, and first team (which we are told is just about always above the cap in terms of $ spent), marketing and other staffing costs when the main source of income doesn't even cover the cost of our first team.