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by SmileyMan
Fri Sep 08, 2006 4:23 pm
Forum: Raging On
Topic: The question
Replies: 73
Views: 29485

Well, spending £20m on a capex that brings in £250kpa is only an ROI of 1.25%. You'd be better off putting the money in the building society. There are obviously strategies that could increase the stadium revenue, but they are not all football related, ie not the club's core business, so it would be...
by SmileyMan
Fri Sep 08, 2006 2:43 pm
Forum: Raging On
Topic: The question
Replies: 73
Views: 29485

From a business point of view, leasing the stadium makes perfect sense. Making a large capital expenditure on an asset that you actually utilise very little (maxmimum 5 hours per week?) when you have a low turnover is just silly. Of course, we all know that however much some people would like it not...