10 year season tickets!

[Guest Ferkorf]

The more I have looked into this more I think its an absolutely smashing deal.

Its potentially a season ticket for life for £4600

 

[bigdan2003]

7 hours ago, Ash76 said:

 

And yet here we are 2.5 years after that was launched and still operating.

 

It's definitely rationale to think it's a cashflow issue but if you take in to account we're still operating by paying wages and our bills then I'd say it's more a case of wanting to reduce the amount having to be put in to the club short term than not having access to the funds to do so.

 

 

 

It wasn't, it was a similar date but they extended it to the end of February 

 

It was April. 

 

https://www.swfc.co.uk/tickets/early-bird-201920/

 

 

 

[pat blondeau]

6 minutes ago, Ferkorf said:

The more I have looked into this more I think its an absolutely smashing deal.

Its potentially a season ticket for life for £4600

 

That’s what a few of the replies to the BBC Sport tweet about it are saying too...

 

 

[Mister Soul]

I got to say I think it’s a very dynamic, forward thinking idea.

Not wanting to upset fellow Owls but there is an awful lot of unnecessary negativity being thrown at a very positive concept. 

Sadly, the negativity is indicative of much of the clubs fanbase... almost cynical. 

Have I got this kind of money? No!

However some people do.

Also why much negativity about a 10 year commitment.. well so far (like many others my age), my commitment to the club has been 50 years. I think it’s highly likely I’ll be an Owl for another 10 years !

So what’s the problem (again if you have the money) ? 

Finally, the doubt, negativity and sarcasm about promotion.

6 months before CC was appointed I’d dream of us getting to a play off final. Didn’t think it’d happen so quickly, but it did. I was expecting a draw at Leeds on Saturday but we won. 

My point being none of us own a crystal ball or know the future so why be so negative about promotion (this year, next year ..)

Well done Chansiri for being positive and progressive thinking! 

[Guest ka58]

Just another warning sign for me - club is being run into the ground in pursuit of a premier league bonanza we look ill equipped to achieve.

Edited January 16, 2020 by ka58

[Owl999]

22 minutes ago, Bouncing Owl said:

I thought the same last night and it wouldn’t surprise me. Maybe, 1000 made up names buy 10 year season tickets which brings in c£5.5m which allows us to use the funds in this window and bring in a couple of strikers in a desperate bid for promotion. It’s like DC is back down at the casino again. 

As far fetched as it sounds it really wouldn’t surprise me at all with the way DC goes about things .

[Lionel Fessi]

15 hours ago, Groundhopping Owl said:

It's the latest "pioneering" initiative at the club - 10-year season tickets, where the 10 years only begins upon our promotion to the PL, so it could end up being valid for far longer.

 

Prices as follows: 

 

Kop - £4,550
North/Grandstand - £5,550
South Stand - £6,400

 

Enormous pitfall in my eyes is the fact that there's no finance options available - how many of us can genuinely stump up that much up front?

 

Thoughts?

 

 

 

Very clever stuff from the club.

 

Financially, we are in desperate need of any instant cash injection as long as its legitimate - all the grief we have currently with the EFL this could help massively even if just in the short term.

 

Obviously the market for this will be quite small, I mean I don't have the cash or disposable income to buy one but like all clubs we will have fans who can afford this and will invest, think about retired/soon to retire fans too who may be getting pension payouts etc - i'd be keen to see what % of over 60/65's make up our actual match day attendance.

 

Alternatively, think of all the personal finance deals people take out to pay off cars/holidays etc, no reason why fans couldn't take out a loan for 5/6 years and pay off a 10, perhaps 15 year season ticket in that time, could potentially be a huge financial saving if you are planning to commit yourself for that long. As a quick example, you can borrow £4,500 over 5 years, and repay £96 a month...again if you can commit to the games would be excellent value for money.

 

Even if we only sold 500 of these at the AVG price (5,550), that's revenue of £2,775,000, if we sold 1000 that's £5,550,000 and in the short term that money could be very very valuable.

[Mister Soul]

4 minutes ago, Lionel Fessi said:

 

Very clever stuff from the club.

 

Financially, we are in desperate need of any instant cash injection as long as its legitimate - all the grief we have currently with the EFL this could help massively even if just in the short term.

 

Obviously the market for this will be quite small, I mean I don't have the cash or disposable income to buy one but like all clubs we will have fans who can afford this and will invest, think about retired/soon to retire fans too who may be getting pension payouts etc - i'd be keen to see what % of over 60/65's make up our actual match day attendance.

 

Alternatively, think of all the personal finance deals people take out to pay off cars/holidays etc, no reason why fans couldn't take out a loan for 5/6 years and pay off a 10, perhaps 15 year season ticket in that time, could potentially be a huge financial saving if you are planning to commit yourself for that long. As a quick example, you can borrow £4,500 over 5 years, and repay £96 a month...again if you can commit to the games would be excellent value for money.

 

Even if we only sold 500 of these at the AVG price (5,550), that's revenue of £2,775,000, if we sold 1000 that's £5,550,000 and in the short term that money could be very very valuable.

At last someone else who recognises the positives in this progressive idea.. thank you for posting 

[bigdan2003]

1 hour ago, mkowl said:

Doesn't make sense 

 

The money is there but erm I am getting the fans to put their money in instead

 

At least if you are going to do this let the fans buy shares in the Club not this quasi loan scheme 

As I always do I caveat this comment because I don’t know the things you and other people in the financial world do.  But isn’t this one of the side effects of the P&S rules? He needs fans to put their money in, because he’s essentially not allowed or deterred from putting all of his in?

 

 

[Mr Farrell]

Bizarre.

 

Totally out of touch with reality.

[pat blondeau]

12 minutes ago, Lionel Fessi said:

 

Very clever stuff from the club.

 

Financially, we are in desperate need of any instant cash injection as long as its legitimate - all the grief we have currently with the EFL this could help massively even if just in the short term.

 

Obviously the market for this will be quite small, I mean I don't have the cash or disposable income to buy one but like all clubs we will have fans who can afford this and will invest, think about retired/soon to retire fans too who may be getting pension payouts etc - i'd be keen to see what % of over 60/65's make up our actual match day attendance.

 

Alternatively, think of all the personal finance deals people take out to pay off cars/holidays etc, no reason why fans couldn't take out a loan for 5/6 years and pay off a 10, perhaps 15 year season ticket in that time, could potentially be a huge financial saving if you are planning to commit yourself for that long. As a quick example, you can borrow £4,500 over 5 years, and repay £96 a month...again if you can commit to the games would be excellent value for money.

 

Even if we only sold 500 of these at the AVG price (5,550), that's revenue of £2,775,000, if we sold 1000 that's £5,550,000 and in the short term that money could be very very valuable.

If there’s fans out there considering using their pension payments or taking out a loan to buy one of these I’d question their logic. We could be in administration in a couple of years 

[Dick_Turpin]

52 minutes ago, Lionel Fessi said:

if we sold 1000 that's £5,550,000 and in the short term that money could be very very valuable.

If we are selling seats off cheaply for the next 15 years - or potentially forever - because we need a short term cash injection that’s not good.

 

I have a number of objections. I can see if you have that sort of money to chuck around it’s potentially a good deal but I’d rather see imagination and money used to get Hillsborough buzzing again and encourage fans who haven’t got £6k sitting doing nothing to watch Wednesday.

 

Its just more evidence of an attempt to gentrify the club that our fans would find risible if the likes of Leeds tried it. 

[S36 OWL]

Just say 10k ST holders took up this offer. That's a nice short term  cash injection for the club, but that money will be spent this season, do what then?.  That would mean no ST income for May be the next 15 years from 10k supporters, which would just lead to even more financial problems down the line through lack of income. 

 

You cannot run a business like this. It beggers belief. 

[room0035]

54 minutes ago, Mister Soul said:

At last someone else who recognises the positives in this progressive idea.. thank you for posting 

Do you see us getting promoted inside 5 years

 

As at current price the average season ticket is about £600 so 1,000 season ticket cost £600,000 each year the cost of these will go up, so in 5 years time the could be £700-800 a ticket. This will be lose revenue for the club, but we will assume £600,000 for simplicity

 

£5,550,000/600,000 = 9.25 years so if we are not promoted after 9 years we will lose money on this deal, but then the kicker is when we go up we will give fans 10 years free so £600,000 x 10 is £6m so this deal could end up costing the club a fortune to get a quick fix.

 

The idea is a very strange idea and sparks of a club in money problems - in reality the amount of people that have £4,500 - £6,000 to spend on a ticket is minimum - they will get more money in sending Rhodes on loan to Wigan for the derisory loan fee and a small proportion of his wages.

 

[room0035]

9 minutes ago, rickygoo said:

If we are selling seats off cheaply for the next 15 years - or potentially forever - because we need a short term cash injection that’s not good.

 

I have a number of objections. I can see if you have that sort of money to chuck around it’s potentially a good deal but I’d rather see imagination and money used to get Hillsborough buzzing again and encourage fans who haven’t got £6k sitting doing nothing to watch Wednesday.

 

Its just more evidence of an attempt to gentrify the club that our fans would find risible if the likes of Leeds tried it. 

I think it an attempt by the club to get more money out of the season ticket holders all deals like this will do is reduce the amount of fans attending not increase it.

[Mr Farrell]

6 minutes ago, S36 OWL said:

Just say 10k ST holders took up this offer. That's a nice short term  cash injection for the club, but that money will be spent this season, do what then?.  That would mean no ST income for May be the next 15 years from 10k supporters, which would just lead to even more financial problems down the line through lack of income. 

 

You cannot run a business like this. It beggers belief. 

 

This.

 

At some point we will run out of short term get rich quick schemes.

 

Ground sold. Made up sponsors outed. Now this.

 

What's next ? Pyramid selling ?

 

No substitute for a well run sustainable club and business model.

 

 

[sweetsheri]

I think we'll sell double the amount of these Vs the 1867 tickets.

 

So that'll be 2

[room0035]

9 minutes ago, S36 OWL said:

Just say 10k ST holders took up this offer. That's a nice short term  cash injection for the club, but that money will be spent this season, do what then?.  That would mean no ST income for May be the next 15 years from 10k supporters, which would just lead to even more financial problems down the line through lack of income. 

 

You cannot run a business like this. It beggers belief. 

We would get a points deduction every season for breaking the losses rule so would not go up anyway, as we could lose millions in our turnover for a quick fix this season.

 

We would need 100points a season working with the 12 points deduction we would get, this could even get increased if we are breaking the rules every season.

[Mr Farrell]

Just now, sweetsheri said:

I think we'll sell double the amount of these Vs the 1867 tickets.

 

So that'll be 2

 

And that's the thing. Most Yorkshire folk see straight through this shiite.

[Guest Ash76]

1 hour ago, bigdan2003 said:

It was April. 

 

https://www.swfc.co.uk/tickets/early-bird-201920/

 

 

Thanks, February deadlines aren’t new though. Must have been the year before