Booney wrote:The Bays are that deep in it that you can't expect anyone to believe 2000 memberships (if that) lost over the last two years have been the catalyst.
Its definatley not the only reason but its a massive kick in the ass, here is some numbers.
Lets say its 1500 members that have left in the last two years not 2000. So 750 buy just a membership and the other 750 buy a membership plus the home game ticket (i think that would be a generous reflection of a membership break up (haven't included people buying a full season pass)
LOST INCOME (based on this years membership prices)
750 x supporter membership valued at $75.00- $56 250.00
750 x silver membership (mbship plus home game ticket) valued at $140.00- 105 000.00
Lets say for arguments sake each home game half of them attend (750) the 10 home games and buy one beer each a game.
750 members per game x 1 $7.50 beer -$5625.00 x 10 home games- $56 250.00
Let also say that over the whole course of a year they each convince one mate to come to one game.
1500 x 1 entry at $14.00- $21 000.00 (im not including them to spend a red cent once inside the ground)
Now from that amount of members the club has already lost $238 500.00Not one of them has bought a piece of merchandise yet, not one of them has spent any money in the club rooms outside of the one beer they bought. They haven't attend any club functions etc etc.
Those other figures are being very generous as well.
I think it would be fair to say a loss of 1500 members could easily equate to around 500k in lost income, now no that wouldnt solve their problems but it is a bloody big start.
Remembering also you cant put a dollar value on having 1500 members who are also 'promoters' of the club likely to 'like and share' Glenelg facebook posts, hit their website, talk about Glenelg to their mates etc etc.
And heaven bid if one or two of those 1500 were the Wedgie, OTR, Centurian, Fester, UKFan types who pump well over 1k into the clubs coffers a season. Thats where the money really starts to add up.