Quote: BigTime "I tend to agree. Not withstanding they are clearly well run it is a small club in a game not awash with central funding. Their current squad is impressive and it’s difficult to see how it is sustainable but clearly they’ve got something going on so who knows.'"
It probably is sustainable (if we can keep the average crowds as they are now), here are my thoughts:
- The Fev adult ticket price at games is £20, £22 if you buy it on the day. However there are concessions, kids, season ticket holders, hangers on, etc. so let’s assume an average ticket price of £15. After which there is other purchases on the day beer (£4 a pint), chips, sweets, coffee, etc. so let’s assume that the extra revenue is an average of £5 a head, just over a pint per person, that makes it £20 per person.
- Fev are averaging @3,500 per game so that is £70,000 per game. With a minimum of 13 home games before playoff n cup game revenue. That gives Fev a revenue stream of £910,000 (less costs).
- Add in Sponsorship @£400,000 plus revenue from RFL @£120,000 takes us to about a turnover of @£1,430,000
- Gledhill recons our wage bill is about that £1.2 million mark.
So at a guess we are more or less breaking even, but this does not allow for investment in the infrastructure.
I guess this is the advantage of owning your ground.
