Don't think we've actually paid for Kulu yet have we?
We paid a ten mil loan fee according to transfermarkt so it's that figure that i was using
Don't think we've actually paid for Kulu yet have we?
Many of the clubs have that sort of offering now as a non 'corporate' ticket so like is being compared with like. Note also that Arsenal fans get their first 7 cup games included in their season ticket price (in any competition) so while we're paying £80 a game on top of our ST cost to watch Spurs in the CL group games, Arsenal ST holders typically get to see the equivalent for free when they qualify for that competition.That's the highest ticket price, there are other options as well. The price shown for us is for the 1882 season ticket. It's a premium offering above what most clubs will offer. As usual you need to dig a little deeper but then again if you did that it wouldn't give the anti-Spurs twist.
Where does the money come from to invest to win thingsThis i suspect is Enic's profit maximisation strategy:
- ride on the drama and hope of qualifying for top four and participating in the champions league
- hence invest sufficiently at the right times - especially when outside of top four
- do not invest to win things - its too risky
- don't settle for a consistent system of play to add drama, PR and fan engagement on social media
- invest in other business - property and entertainment - plough profits back (not to football) to grow club assets which also grows owner equity grows
Its an excellent business strategy for anyone else taking over a football club. Might be a great case study for business school too on leveraging on untapped value of non-traditional businesses.
As I said above, note that Arsenal's ST includes their first 7 Cup games. We get none. Including the AC Milan ticket, I think so far this season I've spent about £340 extra on 5 home Cup games.
For now, yes.... Remember what happened to our previous DoFs however.It doesn't matter what the strategy was previous to Paratici, it's not the one going forward. Paratici is the one that is in control of the football side now.
My seat at arsenals ground is about £100 more but does include the first 7 cup games as you says, but not the league cup weirdlyMany of the clubs have that sort of offering now as a non 'corporate' ticket so like is being compared with like. Note also that Arsenal fans get their first 7 cup games included in their season ticket price (in any competition) so while we're paying £80 a game on top of our ST cost to watch Spurs in the CL group games, Arsenal ST holders typically get to see the equivalent for free when they qualify for that competition.
Many of the clubs have that sort of offering now as a non 'corporate' ticket so like is being compared with like. Note also that Arsenal fans get their first 7 cup games included in their season ticket price (in any competition) so while we're paying £80 a game on top of our ST cost to watch Spurs in the CL group games, Arsenal ST holders typically get to see the equivalent for free when they qualify for that competition.
I think they altered that because they often put out very young teams in that competition. I think I remember them saying that instead of giving that ticket free to ST holders and then having a bunch of ST holders simply not show up they would instead offer tickets for those games at very low prices.My seat at arsenals ground is about £100 more but does include the first 7 cup games as you says, but not the league cup weirdly
YepI think they altered that because they often put out very young teams in that competition. I think I remember them saying that instead of giving that ticket free to ST holders and then having a bunch of ST holders simply not show up they would instead offer tickets for those games at very low prices.
How about, try to build a club/brand via good business (not committing to a never ending loss), actually get close to success (when they bought us Europe wasn't even a thought far less some grand plan to "ride on CL drama"), along the way get roosterblocked by the government at every opportunity (constant delays in planning permissions while giving West Ham and City free stadiums) and watch the league allow Chelsea, City and Saudi Sportswashing Machine make the league completely broken while still having the traditional economic powerhouses of United and Pool to compete with.
To measure ENIC, the only objective view is "who has done better" in the same time period
United, Pool, Arsenal were the original benefactors of PL & CL money and already leagues ahead when ENIC bought in
- Arsenal regardless of their possible success this season are a shadow of the Wenger era, failed to capitalize on their stadium and have been worse than us for lets say 6 out of last 7 years
- United, 2nd biggest club in the world, complete misery decade, shadow of the SAF era side, look to be on the up after wasting billions, still unlikely to win anything regularly in short term
- Pool, went into a bad run, got it sorted under Klopp (with a little luck, debt being wiped with owner change, capitalizing on Coutinho sale), probably the success story of non-cheaters, owners looking to leave now
- Notable mention here for Leeds as they were part of the top sides at initial ENIC buy in (we know how that went)
Cheaters
Chelsea & City have dominated the English game in two very different ways
- Chelsea just threw money at it, chopped and changed the minute momentum faltered, constant buying the way out of bad decisions (managers or players)
- City, much more measured approach and much more successful ultimately
- Saudi Sportswashing Machine, just joined the party, but their sheer available funds and the history of the other two show the likely outcome (they were also above us for a bit in the early ENIC years, didn't capitalize)
Investors
- Everton, >£500M in, nothing more needs to be said (this was a club that had spent a decade plus above us?)
- Leicester, investments in beyond their income, brief burst of success (really only success story of this group), have faded back to mean
- West Ham, Villa (was one we were competing with), Wolves, all some version of the same brick story, spending, a brief season or two of best of rest, back to mean
Again, I struggle to find any one that has done better, laying a success for future competitiveness that isn't just unlimited money model.
My summary, ENIC has actually done very well leveraging a sustainable model, problem is, that model doesn't work, probably can't work and no one has shown it otherwise. So if we want to compete with any regularity, we do need to change owners but I put that on the league, not ENIC and we will likely have to accept the type of owners with be unpalatable morally/ethically, and with 3 cheaters and 2nd biggest club in the world already in the mix, it's still going to be hard.
Or, you know, we're in the middle of a squad rebuild and that needs resolving before we can talk about title challenges and whether the board are prepared/able to do what is required.
All ifs and buts, but if Pochettinos team was peaking when we started to see the money coming in from the stadium then do you really think we wouldn't have been investing in the 1-2 top players required to keep things competitive and fresh? Trouble is we are far away from that point wrt the team so have always been needing to spread the money further.
We have spent 150/160 net in the last couple of windows (summer + kulu & Bentancur) if we're spending that when we have a stronger team then we're certainly going to be giving managers a platform to succeed.
To me anyway, it seems we are just fattening ourselves up for a sell off benefiting Enic, Joe and levy while we as supporters are taken down the river.
I don't have my blinkers on and wonder why on earth we got the last three managers in. We need a massive clear out and even bigger recruitment drive. Conte is dithering and it permeates in the team. Which players do we have that actually have it in them to play no matter who is in charge? It looks like they have downed tools as "he won't be here next year anyway"
Why would they have sold years ago? Why would any investor sell an asset that was appreciating in value at a decent pace?If the main plan was to sell, ENIC would have done it years ago. They obviously have a strategy of return on investment via valuation vs. dividend pull out.
I mentioned it earlier, the Jose and Conte appointments are looking more and more like Kane appeasement strategies, club broke it's longer term strategy to move to a win now in some mix of win now, take advantage of Kane/Son in their prime, plus desperately trying to hold on to Kane.
If the main plan was to sell, ENIC would have done it years ago. They obviously have a strategy of return on investment via valuation vs. dividend pull out.
I mentioned it earlier, the Jose and Conte appointments are looking more and more like Kane appeasement strategies, club broke it's longer term strategy to move to a win now in some mix of win now, take advantage of Kane/Son in their prime, plus desperately trying to hold on to Kane.
Look at cheeky old Fulham!the now manager needs now players. he claims he doesn't have them and will take 3 years to get them lined up.
then its about money... for I am sure if asked which ducks now, he would tell you
we have not spent the 150m cash injection and what about the regular annual transfer budget - if it exists?
i thought our transfer budget would increase significantly since we've got a bigger stadium and higher ticket prices:
i'd be outraged if i were a season ticket holder paying highest prices to watch a better than average team.
We’re still 1 or 2 on averagesLook at cheeky old Fulham!
I digress, The most expensive ST seat is a poor metric. Is that the 1882 price or west or east stand with access to the loges?
Take an average of the most typical/common seats and then get back to me.
Do you think that's going to make any difference? [emoji1787]Look at cheeky old Fulham!
I digress, The most expensive ST seat is a poor metric. Is that the 1882 price or west or east stand with access to the loges?
Take an average of the most typical/common seats and then get back to me.
Why would they have sold years ago? Why would any investor sell an asset that was appreciating in value at a decent pace?
Because any ownership has an exit strategy and will take short, mid and long-term views on the market/sector they are in.Why would they have sold years ago? Why would any investor sell an asset that was appreciating in value at a decent pace?