Good interview with NW on the BBC website.
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"No New Stadium Whilst I'm Manager" Says NW
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NW on Loftus Road
In the post match interview, NW made a comment which implied a decision having been made for Rangers to remain at Loftus Road rather than build a new stadium.
This might be part of Bernie's decision to sell up?
What are the options for redeveloping part(s) of Loftus Road, as capacity clearly isnt enough to support the team (we can't continue to have 10m pound plus losses)?
Does anyone know what the breakeven crowd would be, based on our current wage structure? According to the accounts, matchday revenue was only 2.5m last year, or around 110,000 to 130,000 per year, out of total turnover of 14m pounds. It's striking that ticket revenue is less than a third of total revenue. Do those figures add up, as they imply that the meagre average ticket price is less than 15 pounds per game?
If we sold out every game for a season 18,000 x 20 pounds per ticket,= 360,000 per match x 20 premier league games = 7.2m revenue. Gates of 25,000 would raise 10m revenue per season.
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I thought all the legal stuff was well and truely dusted well before Bernie and Falbio arrived; there was an covenant on it to state it has to be used for the community and it couldn't be removed.
Not sure why Bernie would want us for the land if there had already been detailed work done to remove the restrictions which came to nothing
?
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Originally posted by californiahoop View PostNodge the land can't be worth that much mate, now if he had plans to redevelop the BBC and that has fallen through that different.
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