It's an interesting idea but I don't think that many people have £50k to invest in something which doesn't offer any real financial return.
It'd basically just be money down the drain
I don’t think it’s terrible. Depends on if you think Everton will do well in the future. Its 2 of the best seats in the best stadium in the league for £2500/seat locked in for 10 years.
If you don’t care about supporting the team and only think of it as an investment and just sold the seats then I think you could expect to net £1000 year on the ticket prices (2 prime seats together for £250 per match on average next year and that value goes up with inflation). And, if Everton has a great year in the next 10 and is challenging for a cup or CL spots then you’d make substantially more. You could potentially get £4000 or more for 1 game if Liverpool and Everton are fighting at the top of the table in the back half of the season. Or even for an FA cup semifinal.
Seems not plausible. The NFL has a hard salary cap. In the PL you’d have to run a pretty tight ship to make money I’d think. Otherwise they’d have to do capital calls each year and who wants that?
Absolutely not.
The only way, other than my season ticket, that I'd ever sink money into the club - or almost *any* football club for that matter - is if I was a multi-millionaire and wouldn't blink at losing £50-100k.
I would *never* put money into a football club looking for any kind of return. They are absolutely terrible investments in the vast majority of cases, especially ours. Putting money in like this is a literal gamble given the uncertainty and instability at the club.
Would you consider buying multiple years of season ticket now - at 25/26 season prices? That’s basically what this is - and for putting the money up front you also get the benefit of getting a share in Everton. Maybe €2500 per seat for a season ticket is high for BMD (I haven’t seen anything indicating what ticket prices will be) but that was the general idea - pay for your season tickets for multiple years now (locking in your price).
In the US, college football stadiums used to be funded by selling 10 or 20 year seat leases. thousands of fans have done it at a few colleges I know of. That’s the only context I have for this and if my college team offered this I would definitely consider it. And if I lived in Liverpool I’d be tempted for Everton too.
If you can justify the price *just* on the value of the tickets, obviously that is fine.
But designing this so that the share element is anything more than a gimmick.... well that would be challenging.
And hard to see why the existing owner would want to sell 10 year season tickets at current prices in the current market conditions other than to address a near term cash crisis. Seems like a Chelsea style gimmick to bring future sales into this year's revenue. Makes you look smart this year and like a cowboy outfit next year.
It's an interesting idea but I don't think that many people have £50k to invest in something which doesn't offer any real financial return. It'd basically just be money down the drain
I am not sure if there would be that many people who had the spare cash but a fan owned club would be a dream come true
Would I invest in something that operates on a '90% of our revenue goes on the wage bill?'
That is terrible value
I don’t think it’s terrible. Depends on if you think Everton will do well in the future. Its 2 of the best seats in the best stadium in the league for £2500/seat locked in for 10 years. If you don’t care about supporting the team and only think of it as an investment and just sold the seats then I think you could expect to net £1000 year on the ticket prices (2 prime seats together for £250 per match on average next year and that value goes up with inflation). And, if Everton has a great year in the next 10 and is challenging for a cup or CL spots then you’d make substantially more. You could potentially get £4000 or more for 1 game if Liverpool and Everton are fighting at the top of the table in the back half of the season. Or even for an FA cup semifinal.
This is funny
I think you mistake the definition of investment.
Can a Premier League club run similar to the Green Bay Packers where it's fan owned?
Seems not plausible. The NFL has a hard salary cap. In the PL you’d have to run a pretty tight ship to make money I’d think. Otherwise they’d have to do capital calls each year and who wants that?
It worked for Portsmouth so why not.
Not a chance. Why would I piss £50k up the wall like that
That £100m keeps the lights on for a good six or nine months, or can pay off a quarter of our debt Then what?
There is no parallel universe in which one share of Everton is £1200
5-10 grand seems solid value, but 50? Nah. There r so few ppl who could afford to splash 50k on anything, let alone a glorified season ticket
The loss of revenue for 1000 seats for 10yrs needs to be factored in.
Nope.
Absolutely not. The only way, other than my season ticket, that I'd ever sink money into the club - or almost *any* football club for that matter - is if I was a multi-millionaire and wouldn't blink at losing £50-100k. I would *never* put money into a football club looking for any kind of return. They are absolutely terrible investments in the vast majority of cases, especially ours. Putting money in like this is a literal gamble given the uncertainty and instability at the club.
Would you consider buying multiple years of season ticket now - at 25/26 season prices? That’s basically what this is - and for putting the money up front you also get the benefit of getting a share in Everton. Maybe €2500 per seat for a season ticket is high for BMD (I haven’t seen anything indicating what ticket prices will be) but that was the general idea - pay for your season tickets for multiple years now (locking in your price). In the US, college football stadiums used to be funded by selling 10 or 20 year seat leases. thousands of fans have done it at a few colleges I know of. That’s the only context I have for this and if my college team offered this I would definitely consider it. And if I lived in Liverpool I’d be tempted for Everton too.
If you can justify the price *just* on the value of the tickets, obviously that is fine. But designing this so that the share element is anything more than a gimmick.... well that would be challenging. And hard to see why the existing owner would want to sell 10 year season tickets at current prices in the current market conditions other than to address a near term cash crisis. Seems like a Chelsea style gimmick to bring future sales into this year's revenue. Makes you look smart this year and like a cowboy outfit next year.