SpurMeUp
Les Howe
No way we are banking £33m from the concerts then. Whatever it is, it is all bonus money. Add in the american footie and its tanamount one extra player/signing a year. Maybe 15-25m a year.
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Tottenham Hotspur Stadium - Licence To Stand
- Thread starter Jordinho
- Start date
No way we are banking £33m from the concerts then. Whatever it is, it is all bonus money. Add in the american footie and its tanamount one extra player/signing a year. Maybe 15-25m a year.
Bedfordspurs
Mark Falco
But your an award winning promoterYes, although not receiving the same turnover as LN
Grays_1890
Chris Jones
The promoters (like Matchroom for the boxing) will pay a hosting fee and likely pocket the full revenue. What Spurs are paid is likely a calculated fee based on % of income and our operating costs (which are high). There is a base cost of what it takes to open Tottenham Stadium and its substantial
That said there are other avenues, the F&B side would likely be profit to club via the contract agreed with the company overseeing it (I think its Levy, the company, not the man).
The clubs would be making good profit per event otherwise it would be counter productive, even if its a couple of million you times that by number of events we host it would be in the ballpark you mention.
Bullet
Andy Thompson
You can imagine how some idiot would see the revenue from ticket sales was USD39m and then think "ooh Spurs must have made £33m" because most people really don't understand business and just want to shout nonsense
Bedfordspurs
Mark Falco
Levy’s is part of compass group
We did do deals as you describe
The promoter rents the stadium. We take the other revenues
Bedfordspurs
Mark Falco
It’s that or more importantly…. It’s the finance on the stadium
Grays_1890
Chris Jones
The turnover on this has the potential to be MASSIVE, its effectively a new business which could make huge profits for us and the F1 partners.
Exciting times commercially, adds to more bumper revenues
ricky2tricky4city
Steffen Freund
Number of tracks X number of carts X number of sessions X number of days open.
Any guesses?
Grays_1890
Chris Jones
3 layouts, sims, group packages, not sure on opening times but imagine it's every day and maybe modification on match days because of crowds etc.
Not sure on the other components, only took a quick look at the website and although not my thing, it's impressive
I'll give you data if you want to do work
3 tracks
4 categories (£35, £55, £70, £85)
Tracks Sessions per day - Up to 14 sessions per day at £35, 6 at £55, 8 at £70, 8 at £85 (this seemed max day, so some days will be less), track seems open 7 days a week, top out at 36 runs
Lemonade Money
Les Medley
It looks like the biggest track is the other two connected together, so only ever one or two tracks at the same time.
Could be but the 36 runs are what were bookable on a given day in the breakout I gave. Consider that as max day
ricky2tricky4city
Steffen Freund
36 runs per day...is that the total for all the tracks Per day?
And how many karts per run?
Yep, that's what I saw for all tracks (on best day), some had less
No idea re number of Karts ... I'll find out when I go, but that's a way off. Within 10 minutes a lot of the day/slots were selling out.
They also have Simulator sessions you can book post that's added value, bunch of upsell stuff, pics, branded items, etc.
ricky2tricky4city
Steffen Freund
Is this happening underneath the South Stand?
It could be a case of, if it's not a space used 95% of the time...let's get it used.
Is there more than one level under there as the grass pitch must need its own space when rolled underneath for NFL/concert dates?
Conservatively I'd put it at $5M/year without merchandising & food for as @ricky2tricky4city said, an unused space
Add in food and merchandise, sign in is via Spurs Store (added sales there likely), plus people combining tours and extras.
jrh
Niko Kranjcar
Bloody hell... When things are going well, just leave it alone. Sometimes you do wonder about the people running our PR department.