JFK-1 1,675 Posted August 14, 2018 Share Posted August 14, 2018 34 minutes ago, Gonzo79 said: We haven't banked anywhere near that from our EL games. Rangers are running at a loss. Most Chamionship sides are running at a profit. I would agree we may be running at a loss but i'm pretty certain we did bank that kind of money. What were the ticket prices? I will hazard a guess at round £20 minimum. So 50,000 times 20 = £1 million times 3 home games = £3 million before adding on catering and merchandising. 0 Quote Link to post Share on other sites More sharing options...
Gonzo79 13,639 Posted August 14, 2018 Share Posted August 14, 2018 I run a tuck shop once (?)and that's not quite how business works, JFK. 0 Quote Link to post Share on other sites More sharing options...
JFK-1 1,675 Posted August 14, 2018 Share Posted August 14, 2018 7 minutes ago, Gonzo79 said: I run a tuck shop once (?)and that's not quite how business works, JFK. What business? This is basic arithmetic. Correct my calculations if they're wrong. 50,000 times 20 isn't a million? 0 Quote Link to post Share on other sites More sharing options...
trublusince1982 243 Posted August 14, 2018 Share Posted August 14, 2018 (edited) Most English championship teams earn only £8-£10m in TV revenue with turnovers that don't massively dwarf ours. With euro money we turnover more than all but those dropping down. Celtics wage budget is bigger than most championship sides and ours isn't that far off average either In 2017 average turnover was £23m Edited August 14, 2018 by trublusince1982 0 Quote Link to post Share on other sites More sharing options...
Gonzo79 13,639 Posted August 14, 2018 Share Posted August 14, 2018 5 minutes ago, JFK-1 said: What business? This is basic arithmetic. Correct my calculations if they're wrong. 50,000 times 20 isn't a million? Net and gross profits aren't the same thing. 0 Quote Link to post Share on other sites More sharing options...
JFK-1 1,675 Posted August 14, 2018 Share Posted August 14, 2018 4 minutes ago, Gonzo79 said: Net and gross profits aren't the same thing. Yes and that's the same for everybody right? Including Leeds and their TV money. 0 Quote Link to post Share on other sites More sharing options...
trublusince1982 243 Posted August 14, 2018 Share Posted August 14, 2018 For example Middlesbroughs highest earner is on £30k a week 0 Quote Link to post Share on other sites More sharing options...
Gonzo79 13,639 Posted August 14, 2018 Share Posted August 14, 2018 4 minutes ago, JFK-1 said: Yes and that's the same for everybody right? Including Leeds and their TV money. You said we 'banked' £3-4m from our three EL home ties. No chance. 0 Quote Link to post Share on other sites More sharing options...
JFK-1 1,675 Posted August 14, 2018 Share Posted August 14, 2018 3 minutes ago, trublusince1982 said: For example Middlesbroughs highest earner is on £30k a week They're getting parachute payments. 0 Quote Link to post Share on other sites More sharing options...
JFK-1 1,675 Posted August 14, 2018 Share Posted August 14, 2018 1 minute ago, Gonzo79 said: You said we 'banked' £3-4m from our three EL home ties. No chance. Yes I did and we probably did but you're nitpicking it. Sure we all know there will be tax payments but that's still what we're banking in gate money alone given a 50,000 crowd at an average £20 a head. That's indisputable arithmetic. And the argument was supposed to be that we couldn't compete with the likes of Leeds because they have more TV money. The TV money is £6.7m But that's not net either is it? We only need to maintain a Euro run to more than compete with them and that too is indisputable arithmetic. 0 Quote Link to post Share on other sites More sharing options...
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