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Management ENIC
- Thread starter The Fighting Cock
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I'm staggered if anyone still seriously believes the revenue from third party events is being used for the benefit of our football team
The stadium is a cash cow for ENIC, not Spurs
Superbly put. Interesting to see if anyone has an argument to counter this?
That philosophically it is true, but you can philosophize in one hand, shite in the other and see which one fills up faster.
The reality is that is not the way free market capitalism and supply/demand works, period. Mercedes doesn't make "the best" vehicle. Gucci doesn't make "the best" handbag. Jordan doesn't make "the best" trainers. Demand is a magic mix of quality, brand marketing, and perceived scarcity.
There's so much demand for Tottenham tickets that you need to be in the members' queue an hour before tickets go on sale to have a shot at buying them and they sell out almost immediately. Tickets on the exchange rarely stay listed for long at all before selling. The market says Tottenham tickets are very likely "worth" significantly more than what the club charges.
But everyone needs to keep moaning as loud as they possibly can. Whilst ticket prices will never go down, maybe it will help keep them from going up at a faster clip.
But this increase doesn't even make a meaningful impact on our books.
It is an unnecessary and obnoxious decision made based on micro-cocked Levynomics rather than broader football ownership.
There are plenty of owners out there that are disgusting Capitalist shits that wouldn't do this.
The last few pages have highlighted how different the many people that support Spurs are. Having supported the club since 1961 I consider myself very much a Spurs supporter. However I have never been a season ticket holder and never will be. During 1970’s and 1980’s I went a lot. Just turned up and paid at the gate and stood on the shelf. Then with all seaters, lower attendances it became almost impossible to get tickets. Started again when at Wembley and been to new ground.
Now I live further away and cannot get home from evening matches by public transport. However I have not ruled out going to a 3pm KO in future but getting a couple of tickets is not easy for some matches. If ticket prices are held back as has happened in the past few years then demand will increase, season ticket holders will keep their tickets even if they do not go that often as they can resell on exchange. An extra 6% if you just go once or twice a season is not a problem. Yes I want the club to be successful and win a trophy but whilst I got a ticket to every Cup final between 1971 and 1991 I doubt I will ever again.
So whilst the ground is being filled every match then yes I support prices of tickets going up. Not sure of the split of Season ticket holders compared to other supporters on this site are but my point is we are all supporters but have different needs.
Now I live further away and cannot get home from evening matches by public transport. However I have not ruled out going to a 3pm KO in future but getting a couple of tickets is not easy for some matches. If ticket prices are held back as has happened in the past few years then demand will increase, season ticket holders will keep their tickets even if they do not go that often as they can resell on exchange. An extra 6% if you just go once or twice a season is not a problem. Yes I want the club to be successful and win a trophy but whilst I got a ticket to every Cup final between 1971 and 1991 I doubt I will ever again.
So whilst the ground is being filled every match then yes I support prices of tickets going up. Not sure of the split of Season ticket holders compared to other supporters on this site are but my point is we are all supporters but have different needs.
Matchday revenue is still >20% of our total revenue, it's definitely meaningful.
But an extra £4m on the books (this is the figure I’ve seen quoted) is the salary of a substitute. Obviously makes a difference, but enough to disenchant a number of the fans?
We are owed a big signing. Like 80m plus on a proper serious football. Kvaratskhelia, De Jong, Wirtz caliber type player.
We need to step up the signings we make, instead of the half measure likes Kulusevki and Richarlison. Good players, but not going to bridge the gap between us and the current top 3.
We need to step up the signings we make, instead of the half measure likes Kulusevki and Richarlison. Good players, but not going to bridge the gap between us and the current top 3.
Imagine what 4M means to somebody who knew the retail price of Modric's shirt from the club shop.
I don't know man, I'm not even 100% sure what we're arguing about this time.
I answered a question. 1, while philosophically success on the pitch (quality of experience) should be what admission costs were tied to that wasn't at all the way our economic system is designed or operates. 2, that a revenue stream which still produces >20% of our over all revenue is certainly not insignificant.
If £4M is the year on year increase, then what do you want a freeze? For how long? This year that's costs £4M, then maybe next year it's £6M because of the increase in operating costs. Year after that it's maybe £9M. Even when you go back to increasing prices, you either have to do a massive increase or you're always chasing the lost opportunity cost of money that the freeze created - always charging a couple years behind your operations cost.
I'm just saying, running an organization valued at £3B+ with annual turnover of £600M+ and dozens of expensive assets (players, employees, and infrastructure), and hundreds of contracts, loans, and lines of credit is a lot more complicated than some football supporters on a forum get. I don't understand it, I just know it's a lot more complicated than "gee, we didn't win a trophy, better reduce ticket prices".
"bUt wE wILL rEinveST iT In pLAyers"People never seem to learn
Our owners are shysters , how many more times do they have to pull shit like this before people open their eyes and realise
No doubtAirfixx has a rousing defence for this latest stunt
They also want a world class atmosphere and complain when they don't get one. This is happening all across the country, every time I see a player gesturing for the fans to cheer I want to wring their necks.
Maybe they just don't understand what's happening
Correct me if I'm wrong, but you're saying the price rise is justified on the basis that we fill the stadium each week......and the higher they charge the better, because more dedicated long term fans will be priced out of the game giving occasional fans like you more chance of picking up the odd ticket when it takes your fancy!!
What a crass argument that is....I'm not surprised by the people who support you, mind.
So other teams such as Liverpool and Man Utd should double, treble, or even quadruple their prices....because, fuck the real fans, they'll fill the stadium anyway!!
Your argument is as morally corrupt as our owners, mate.
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No what I am saying is as we all know there are many season ticket holders that sell there tickets every week and it these that are benefiting because with high demand they sell their tickets on the exchange/ to black market sites who then profit. Several posts to this effect re SK supporters getting tickets. To the occasional attendee the price does not matter. The price of the train ticket keeps going up. It is only the season ticket holders that see big increases and what % do they make up of the posters on the forum and elsewhere. The club built the new stadium to compete with the top clubs and therefore income from it is important and prices have not gone up with costs or inflation over recent years.
I am as critical as you about the lack of trophies but that is not the reason to limit ticket prices. The only reason to freeze prices is that the club are not selling out every match.
But we won't. We'll just continue to charge the highest prices, make the highest profits, pay the highest boardroom salaries, build the highest hotels....but sign mid range players like Kulusevski because our fans accept it and think we should somehow be grateful for what we've got because we had a few ropey years way back in the 1990's
And those that think we deserve more are being priced out and replaced by a new generation of zombies just happy to be part of the experience.
This is where we are
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Wait until this in piggybacked with us releasing the accounts and huge profits again. It will make even less sense.
If every season ticket holder who goes next season spends less than the increase inside the stadium to claw the money back then maybe that’s a good idea. Just don’t give the club the money in another way. It’s pretty simple. That’s what I’ll do.
If every season ticket holder who goes next season spends less than the increase inside the stadium to claw the money back then maybe that’s a good idea. Just don’t give the club the money in another way. It’s pretty simple. That’s what I’ll do.