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Promotion : Financial implications

queensland_addick
queensland_addick Posts: 7,588
edited April 2012 in General Charlton
As the dust settles and we can all start to take in our magnificent achievement, what are the implications in terms of finances for the club? Prize money, increased payroll, bigger crowds etc etc. Does anyone have an idea of the figures involved?

Comments

  • kings hill addick
    kings hill addick Posts: 5,781
    There's some interesting analysis here:

    http://newyorkaddick.blogspot.co.uk/2012/04/accounting-for-promotion.html?m=1
  • RanTooFar
    RanTooFar Posts: 324
    I read somewhere that the TV revenue in the Championship recently was around two million pounds, while it was a tenth of that in League 1.
  • Rothko
    Rothko Posts: 18,876
    The difference in TV money is about £3.5m a year
  • oohaahmortimer
    oohaahmortimer Posts: 34,379
    I thought I'd read that the Championships tv money is reducing from £1m or 2m to £350k but that may be me thinking of the dif between champ and lge one
  • Rothko
    Rothko Posts: 18,876
    http://www.thisisscunthorpe.co.uk/massive-lose/story-11180291-detail/story.html

    You would want West Ham to go up, as their parachute payments get distributed to the Championship
  • msomerton
    msomerton Posts: 3,106
    Television revenue in Championship is £2 million a season and in league 1 £350,000 a season.
  • Rothko
    Rothko Posts: 18,876
    Here you go, so money from the Premier League and Football league equals £4.6m, from the Telegraph.

    http://www.telegraph.co.uk/sport/football/competitions/premier-league/7641526/Football-League-clubs-at-odds-with-each-other-over-Premier-League-payment-plan.html

    Solidarity payments would also increase in all three divisions. Every Championship club not in receipt of parachute payments would get £2.2 million per season, three times the £830,000 each club received this year.
    The payment would almost match the average annual payment to Championship clubs from the Football League of £2.4 million, taking the total guaranteed income to £4.6 million.
  • newyorkaddick
    newyorkaddick Posts: 3,057
    edited April 2012
    In 2007/8 and 2008/9, we had average crowds of over 23k and 20k respectively - if we can exceed the latter (23k seems ambitious) then it would also make a big difference, especially if it was achieved without discounting.

    However it is likely that wages will rise in proportion to any increase in revenue, and we will be competing with several clubs who are in receipt of parachute money. However this did not seem to do Norwich or Southampton's chances any harm (though their Championship crowds exceed 25k).
  • Henry Irving
    Henry Irving Posts: 85,509
    Interesting stuff from NYA on the accounts, thanks.

    "A well run loss making club" as the auditors for the take over described the Club.
  • PragueAddick
    PragueAddick Posts: 22,277
    Very good piece by NYA

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  • redman
    redman Posts: 5,318
    THanks KHA for putting the NYA link , interesting analysis
  • Salad
    Salad Posts: 10,189
    we have to build the crowds back up, doubt we'll quite average 20k next season
  • BlackForestReds
    BlackForestReds Posts: 17,952
    we have to build the crowds back up, doubt we'll quite average 20k next season
    What is our average this season? Taking out the cheap offers I'm assuming around the 16500-17K mark, is that right?

    If so we are only around 3500 off the 20K average.

    We have two good local derbies to look forward to in Millwall and Palace and a couple of other high profile matches - Leeds and maybe West Ham might still be in the CCC next season.
  • ShootersHillGuru
    ShootersHillGuru Posts: 50,678
    Just re read NY's earlier blog and wonder if anything in his opinion has changed or new information come to light. Perhaps it's time for a follow up piece ? I know I would like to read it. Just a thought.
  • Indigo Joe
    Indigo Joe Posts: 551
    edited April 2012
    Our average - 16,902. 3rd best in League 1 and will of course increase with the Hartlepool sales.

    http://soccernet.espn.go.com/stats/attendance/_/league/eng.3/english-league-one?cc=5739#

    With the local derbies with Millwall and Palace and the general much bigger away support in the Championship I would have thought that with the inevitable cheap offers for one or two of the less glamorous fixtures that we can average the 23 -24k mark.
  • Airman Brown
    Airman Brown Posts: 15,792
    The crowds in 2008/09 were massively distorted for less attractive games by the issue of very large numbers of complimentary tickets with the primary purpose of maintaining 20,000 crowds. They are not a useful benchmark.

    We are unlikely to regain the 08/09 season ticket base immediately. Nevertheless, I reckon we will average 18,000-plus next season, based on up to 12,000 season tickets, 3,000-plus home match sales, 1,500 away fans and 1,500 comps.
  • Danny Addick
    Danny Addick Posts: 3,952
    In 2007/8 and 2008/9, we had average crowds of over 23k and 20k respectively - if we can exceed the latter (23k seems ambitious) then it would also make a big difference, especially if it was achieved without discounting.

    However it is likely that wages will rise in proportion to any increase in revenue, and we will be competing with several clubs who are in receipt of parachute money. However this did not seem to do Norwich or Southampton's chances any harm (though their Championship crowds exceed 25k).
    But on the comment about us competing with parachute payment clubs, I can't help thinking its easier for league one clubs moving up as they were used to receiving the lower tv payment? So when it increases to 2mill, it's more of a bonus for us?
  • newyorkaddick
    newyorkaddick Posts: 3,057
    In 2007/8 and 2008/9, we had average crowds of over 23k and 20k respectively - if we can exceed the latter (23k seems ambitious) then it would also make a big difference, especially if it was achieved without discounting.

    However it is likely that wages will rise in proportion to any increase in revenue, and we will be competing with several clubs who are in receipt of parachute money. However this did not seem to do Norwich or Southampton's chances any harm (though their Championship crowds exceed 25k).
    But on the comment about us competing with parachute payment clubs, I can't help thinking its easier for league one clubs moving up as they were used to receiving the lower tv payment? So when it increases to 2mill, it's more of a bonus for us?
    Agree with this - it is called 'parachute' money for a reason ie. glad to have it, but better not to have jumped out of the plane in the first place.
  • Henry Irving
    Henry Irving Posts: 85,509
    Make you right Danny,

    Having already cut our costs down to the bone we are in a better place than some.
  • killerandflash
    killerandflash Posts: 70,467
    I presume our kit and shirt sponsorships deals will be a lot more generous than they would be in L1 too.

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  • THEMCA
    THEMCA Posts: 575
    Some astute signings from SCP we could well be challenging for playoffs! Doesn't look as though we will be spending fortunes on players.
  • kentaddick
    kentaddick Posts: 18,729
    Some astute signings from SCP we could well be challenging for playoffs! Doesn't look as though we will be spending fortunes on players.
    to be fair we didn't really spend a fortune last summer but bought a lot of championship standard talent. I trust CP and the scouting network to find some gems like big yann, hollands etc on frees as well.

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