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. Found an old article where Welnix state they funded a $2M shortfall in their first year 2011/2012, which dropped to $1M in their 2nd year of ownership.
Terry S apparently tipped in $1.5M a season, when paying the players first over the IRD.