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Rahic, the way forward

Discussion in 'City Talk' started by Johnny Yen, Sep 5, 2018.

  1. JonButterfield

    JonButterfield Star Player
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    Only why you're proposing the price hike, given our stadium is already half-empty?
     
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  2. Norman Corner

    Norman Corner Fringe Player

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    Yes I have heard iof cash flow. Amazing eh!

    I have also heard of trading on the basis of known and projected income. Where people have bought the non opt out that can be seen as income. The opt out will be treated differently. A view will be taken on what percentage will exercise their opt out.

    How do you think businesses operate? They work on cash flow projections ya eejit. Not everything operates around actual cash under the mattress.

    I am sure the accountants among us will be able to explain the detail around Capex, Opex, budgeting etc etc much better than I can.
     
  3. Chrisako

    Chrisako Squad Player
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    Exactly- and most transfers aren’t paid in full there is stage payments.

    The salaries of all the staff could be budgeted for out of the monthly income from season tickets.

    Sounds good to me.
     
  4. Fuzzy

    Fuzzy Impact Sub

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    Cash flow projections, exactly!!!!???? Businesses ensure that they have liquidity when it's needed otherwise they go bust. There are abviously ways around this e.g. borrowing money or defering payments but that's another real world cost that you've not bothered to include in your fantastical ramblings.
     
  5. Onside

    Onside Squad Player
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    This isn’t about increasing the fan base Jon although it would be great if it did increase. It’s about increasing the income to a level that would help us increase our budget. I actually think it is a better option than paying up once in spring. Plus it would avoid the temptation for owners to spend next years budget on this season and accumulating a deficit!

    I find myself for the 1st time ever agreeing with Norm, I am very worried about myself;)
     
  6. Onside

    Onside Squad Player
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    They will need to factor that in when they are spending money. We all have to have an emergency fund for things we don’t anticipate when and if we can afford it. There has been times that I was not able to do this, and you do end up borrowing money.
     
  7. mrtrickio

    mrtrickio Fringe Player
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  8. Stafford Bantam

    Stafford Bantam Captain
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    Any sudden large increase in season ticket prices would result in a large fall in numbers and, possibly a fall in overall income, especially if we are struggling on the pitch. However, there a few ways to increase overall income. These include:
    1. Increase prices gradually, a bit more after a good season, a bit less after a poor season. This seems to be the current approach with increases being kept low, but above the rate of inflation.
    2. Introduce a membership scheme, with extras, allowing those who want to to pay extra. The club have started to do this and the range of extras can be extended in future seasons, encouraging more people to take up this option.
    3. Fill the ground, so that not renewing your season ticket means you might not get in; price rises can be higher under this scenario. We would almost certainly need to be in the Championship (or higher) for this option to come into player.
    4. Switch to a monthly direct debit system (as suggested above). People are likely to be willing to pay more if it is split over 12 monthly payments. You could even do the first few seasons over 9 or 10 months until you get to a position where people are paying in advance for the following season (solves the cash flow problem).
     
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  9. Petrov

    Petrov Squad Player

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    Surely both are important? I really like that our club is leading the way on cheaper season tickets and think it is something that should be applauded. I want everyone that lives in Bradford to be able to come and support their team (if that's what they want to do) and unfortunately, there are a lot of people in our city that wouldn't be able to do that if season ticket prices were in line with national averages. Perhaps the club could look at offering an official option to pay more if fans that can afford to wish to do so. Lets say the price stays at 169 next year - why not have a payment option where you can pay 100 or 200 more with a guarantee any income from this will be used towards the playing budget?
     
    Onside likes this.
  10. Two Legs

    Two Legs Impact Sub
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    I’d be quite happy to pay £300 for a ST but to even talk about ST rises is crazy at this time when our owners continue to throw money away on pig headed ridiculous I know better than anyone in football decisions. Let’s see if Hopkins can get us out of this Rahic mess, build our confidence in the club going in the right direction and then address where we need to go. A touch of humility from Rahic would have been a good start.
     
  11. JonButterfield

    JonButterfield Star Player
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    Forgive me if I'm wrong, but the miserable pre-Lawn days of expensive, unsuccessful football are well and truly behind us.

    We used to get 10-11,000 a season before we slashed the prices. Part of the problem was we had a big, empty stadium that was a relic barely worth our while - arguably not worth our while at all.

    Instead of weird fans fantasising about penny pinching by increasing season ticket prices, how about we look at it another way - how do we FILL the stadium?

    @Norman Corner@Norman Corner wants to empty it and make it unaffordable for many - particularly those who teeter on the edge each year, but think, oh stuff it, it's good value even if it is City.

    It would be an incredibly negative move to REDUCE the attendance by virtue of greed. The toxic atmosphere already prevalent this season would be intensified twofold if we did that. We'd be down to the hardcore. Bad idea.
     
    Johnny Yen and Allotment Bantam like this.
  12. Norman Corner

    Norman Corner Fringe Player

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    We have got to keep the great unwashed out of the club. They seem to be under the misapprehension that is is 'our' club :)
    Too funny! Poor deluded people.
     
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  13. JonButterfield

    JonButterfield Star Player
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    To be fair, I think it's the ones who DON'T monitor the club 24/7 are the ones Rahic needs on side over the coming months and years.

    Price them out, and you've only got obsessed weirdos who take things too seriously, whose opinions are far too strong, and who post far too frequently on social media or forums ;)

    We need more part-timers ;)
     
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  14. Onside

    Onside Squad Player
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    @JonButterfield@JonButterfield, it is the last thing I want to do is exclude ppl from VP far from it. I do remember the miserable years after admin, I paid up like the rest because it was for the club. However, it has become apparent to me that no owner is going to fund our rise, and I am still optimistic that we will rise again. Filling up the stadium has been a fantastic achievement, but we now as fans have to realise we need to increase our input into the club. I am fully aware of the situation of many fans who are unable to come even at this low price.

    I would not be in favour of hiking the price up and forcing ppl to pay up in March, that most certainly would drive fans away. If we ask ppl to pay on a monthly basis over 12 months it might be more affordable, in much the same way we used to pay on the gate. I am not saying it would increase membership, but it might, and certainly worth discussion. @Petrov@Petrov was advising having two systems whereby those that can afford pay more, well we have that now, although I am not sure how much extra we get using the donation system. At the moment everybody pays up in March or thereabouts to make use of the cheap tickets, if they can’t there is a loan system with interest. What I am proposing is without interest or admin fee’s.
     

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