Macca19 wrote:I think the point is that the model they agreed to and the returns they have recieved are far apart. GIven both Adelaide and Port after only a couple of home games each have come out with alarm bells saying its nowhere near the level they expected - whilst both clubs are miles ahead of projected figures.....questions deserve to be asked. The figures projected a $8.1m uplift in revenue for the AFL clubs and this was based on:
Port season ticket sales going from 13,600 to 23,000. We currently have over 29,000 season ticket holders so 26% above projections.
Adelaide season ticket sales going from 24,700 to 27,000. They currently have (apparently) 37,000 season ticket holders so 37% above projections.
Port attendances averages 31,000. Currently averaging 43,000 so 38% above projections.
Adelaide attendances averages 42,000. Currently averaging 46,600 so 11% above projections.
How can revenue be lower than expected when all figures are currently well above projections, without the SMA changing the goal posts?
As Whicker used to say "grow the pie, grow the pie". Well both Adelaide and Port have grown the pie significantly....no point growing the pie if Whicker and Olsens shit stained fingers are gonna keep taking a bigger slice.
i will be interested to see where the "extra" money has gone, but after seeing rucci's article in todays paper pointing out some of the higher costs associated with adelaide oval, someone here at work asked the question about some of the non-essential costs that have occurred so far this season for both clubs.
the concert put on after the first game of the season, was that paid for by the power? and was that included when arriving at the statement that the first power game made less than a six figure sum? i believe there were lots of giveaways too, that would eat into any profits too.
the crows also put on a concert before their last game, and im sure it wasnt free either. now im not saying any of that shouldnt have been done, but
if there are costs such as those that are "eating in" to game day profits for the clubs, can they really blame the sma?
i have no idea if that is a contributing factor either, but im just asking the question, and i thought it was a fair point. if the clubs are spending more to make it a "bigger" event, they may not be seeing a return on that outlay as yet.
i did lol at Ruccis point about the traffic management costs at adelaide oval. i dare say that is out of the SMA's hands too, and i think that would be the local council and the state government dipping their hands in for a piece (i assume it is the government and council that would be in charge of traffic management? happy to be corrected)