Hull FC • Building the Club- securing financial stability
Chris71 wrote:
Who mentioned the Stadium in terms of generating profits? What I was saying was that if the Stadiums potential was unlocked in terms of other uses other than Hull FC & Hull City fixtures this could be used to offset the operational & upkeep costs, reducing the burden to both clubs, the SMC and Council.
The upkeep required with more use would actually be marginal and any extra costs incurred should/would be added to the price for its use/hire.
It's also not about 'trying to fix it by relying on concert promoters or property developers or suchlike won’t make much difference because those people want the profits from their activities', it is simply about improving/increasing its revenue stream to offset running costs. In simplistic terms instead of just having 2 parties having to eat 2 big pieces of a pie you have 4, 5, 8, 12, the pie would remain largely the same size but each party has a lot less to eat than just 2.
While the stadium size doesnt suit every music act, looking up the coast Middlesbrough have hosted acts like Arctic Monkeys, The Killers and Take That in recent years. How much money that makes for the stadium I dont know, but having gone to the Killers gig the town centre was heaving and hotel prices extrotionate so the boost to the local area is significant.
Statistics: Posted by UllFC — Thu Jan 11, 2024 10:02 am — Replies 26 — Views 3414