Ticket Prices

2 different cases but both would at the very least 'wash their face' if they cashed in now.

Abramovich has sunk about £1BN into Chelsea (which he bought for £1) and they're worth about that amount according to Forbes.

So he's had his fun, secured his Western respectability (as let's be right he's nothing more than a glorified Russian mobster) and if he wanted to he could leave the table with the same amount of chips he brought to it.

City are an advertising hoarding for Abu Dhabi, nothing more, nothing less. However, the recent Chinese investment values the entire portfolio at more than they've invested. So they've had their free advertising all over the globe and would still make a profit if they sold up tomorrow.

Nice work I'd say.

 

ok yes they might just find a sucker in china to buy off them..... but.... you take a bankrupt chelsea and sink in 1bil over many years.. theres no way to get it back really bar sell up and avoid tax somehow.

I think what you said about fun and western respectibility is more where i thought he was at.

Yes the arabs are using city and plastering eithad all over... but..... i sincerely doubt there's all that much profit in it. the ground, the reserve ground, the facilities, that's all pure ego and making a statement. On a pure profit basis there is no way to justify that level of expense cos no club on the planet would build it. Bayern wouldn't... they are probably the best example of it.

wh yare they in new york? not for profit. they'll tkae the loos if they sell up, no its what you said about putting the name front and center in that market.

 

FSG have spoken:

http://www.liverpoolfc.com/news/announcements/206821-fsg-s-message-to-liverpool-supporters

Dear Liverpool supporters,

It has been a tumultuous week. On behalf of everyone at Fenway Sports Group and Liverpool Football Club, we would like to apologise for the distress caused by our ticket pricing plan for the 2016-17 season.

The three of us have been particularly troubled by the perception that we don’t care about our supporters, that we are greedy, and that we are attempting to extract personal profits at the club’s expense. Quite the opposite is true.

From our first days as owners we have understood that serving as custodians of this incredible institution is a distinct privilege and as such, we have been driven solely by the desire to return LFC to the pinnacle of football. In the world of modern football, growing the club in a sustainable way is essential to realising this objective.

To that end, we have never taken a single penny out of the football club. Instead we have injected vast sums of our own money to improve the playing squad and modernise LFC’s infrastructure - exemplified by the £120million advance from FSG to build the new Main Stand. This massive undertaking was made in order to provide more supporters access to Anfield and also to produce additional revenue to help us compete financially with clubs that have greater resources. When it opens in August this year, the stand will accomplish those goals, thereby fulfilling a promise we made upon acquiring LFC in 2010.

We were strongly engaged in the process to develop the ticketing plan for 2016-17. We met directly with representatives of LFC’s Supporters’ Committee and along with LFC management, wholeheartedly agreed with major concerns raised, notably: access for local and young supporters; engagement and access to Anfield for local children; access to Premier League matches for those in Liverpool most challenged by affordability.

We believe the plan successfully addressed these concerns and are disappointed that these elements have been either lost or, worse, characterised as cynical attempts to mask profiteering in the plan as a whole. Rather, we prefer to look at them as the parts of the ticketing plan we got right.

On the other hand, part of the ticketing plan we got wrong.

In addition to the other elements of the plan we proposed price increases on a number of tickets. These pricing actions generated growth in general admission ticketing revenue on a like-for-like basis exclusive of revenue from newly-added GA seats.

We believed by delivering a vastly improved seat offering in what will be the newest stand in English football, concentrating the price increases on those tickets typically purchased by fans least sensitive to affordability, and for LFC to begin repaying the £120million advance from FSG for the new Main Stand that these increases were supportable even in the context of growth in revenues from the new Premier League TV deal.

However, the widespread opposition to this element of the plan has made it clear that we were mistaken.

A great many of you have objected strongly to the £77 price level of our most expensive GA seats and expressed a clear expectation that the club should forego any increased revenue from raising prices on GA tickets in the current environment.

Message received.

After an intense period of consultation with LFC management we have decided to make major revisions to our ticketing structure for 2016-17:

• Removal of game categorisation – regardless of the opposition fans will pay the same price for matchday tickets.
• The pricing of tickets will be readjusted to result in zero revenue growth from GA ticketing on a like-for-like basis.
• Though individual ticket prices may move marginally from this season, we are freezing our 2016-17 GA ticket revenue at the 2015-16 level exclusive of newly-added seats in the new Main Stand.
• The price of our highest general admission ticket will be frozen at the 2015-16 level - £59.
• The price of our highest season ticket will be frozen at the 2015-16 level - £869. The lowest price reducing a further £25 from the 2015-16 level to £685, as well as all other tiers being frozen or reduced.
• £9 GA seats will be offered for each and every Premier League match, an allocation of more than 10,000 tickets across the season.

We would hasten to add that the other initiatives announced last week in the 2016-17 plan will remain:

• 17-21 young adult concession – 20,000 tickets across the Premier League season available at a 50 per cent reduction for young people.
• 1,000 tickets to Premier League matches across the season will be given away free of charge to Liverpool schoolchildren based on merit, as recommended by their teachers.

As a sign of our commitment to this improved ticketing structure, we are further announcing that this plan shall be in effect for both the 2016-17 and 2017-18 seasons. For the next two seasons, LFC will not earn a single additional pound from increasing general admission ticket prices.

We believe we have demonstrated a willingness to listen carefully, reconsider our position, and act decisively. The unique and sacred relationship between Liverpool Football Club and its supporters has always been foremost in our minds. It represents the heartbeat of this extraordinary football club.

More than any other factor by far, that bond is what drives us to work tirelessly on behalf of the club and its future. We have great conviction in our world-class manager and our young, talented squad and know that in time the on-pitch success we all crave will be realised.

We look forward to sharing in that success with you.

John W Henry, Tom Werner, Mike Gordon

 

Thanks for posting.

That's quite a result.

 

Interesting reading...need to check details. Let's hope they have done a bit of soul searching and this has served as a bit of a wake up call.

 

I do understand their thinking behind it, but just because it made financial sense to them doesn't mean it is right for the football club. Good to see they have acted swiftly on the matter

 

People Power

 

The regeneration around the Etihad is about long term sustainability, nothing to do with ego, it's part of their business plan. The best clubs need the best facilities and academy set ups.

Despite their outlay they could recoup it tomorrow if they sold up. Therefore their marketing campaign would have in essence cost them **** all.

They're repeating the same model in the States.

It's a very clever and successful model, as the equity value has grown beyond the level of investment

 

David Cameron mentioned ticket prices today. Apparently, he's going to look into it

 

Like he was going to look into banking and tax reforms, 'natch.

 

cheers jafa

 

#thatwentwell

 

Exactly. I called bull on the section that talked about vast amounts of their own money...its an investment however long term and not a gift.

They are businessmen. They may not have taken a penny from the club itself but there is no way (I do not know how as i am not an expert) they will never make money from ownership above and beyond that they'd make if they sold up.

As for the actions taken on ticket price revision I'll leave it up to those who buy them on an annual (season) or at least multi times a year to judge.

I'd suspect its not the big reduction called for but is compromise.

What do the match goers think?

 

http://www.spiritofshankly.com/news/response-to-new-ticket-announcement

Statement from Spirit Of Shankly and Spion Kop 1906

Although the last week has been a sorry tale in the recent history of the relationship between owners of LFC and the Club’s supporters, it has also seen both the best of what Liverpool FC supporters are about and the incredible power those same supporters have to promote change for the better at LFC.

Today’s announcement has to be seen a positive step in repairing the relationship between owners and supporters. If they had recognised what was being said by supporters about the impact of the original price rises (perhaps by actually meeting with their own Ticketing Working Group) then much of the embarrassment and upset of the last four days would have been avoided. It is a sobering lesson in listening to your supporters properly.

We welcome these changes from the owners and that they have recognised the mistake made and apologised for it. We take no delight in them being wrong. It helps no one. What is important though is that a lesson is learned and that proper engagement and taking note of supporters’ concerns occurs and those views are taken more seriously.

We started this process to make football cheaper for all LFC supporters, to make it fairer and to increase access for younger and local supporters. This proposal is not our panacea. More must be done to make football affordable. However we have always stated that this is a journey that the owners should embark upon and this is a positive step in the right direction towards fairness and away from greed, but it is only one step.

We will now take this opportunity to review the numbers and their impact upon supporters, we will be speaking to the club about it and we will speak with supporters to get their views.

The Spirit of Shankly and Spion Kop 1906 believe that given the fact there has been this reconsideration by the owners, it is only fair and appropriate that we reconsider our next steps until the full impact of these changes can be established.

 

You're welcome. I single handedly made them reverse their decision.

 

It does bloody show that action can get a response though!

 

****ing shame things like this never work as far as our ****y government is concerned though.

those posh twats dont give a toss about the rest of us.

 

Never said it would achieve anything lol

 

Don't have to..these days no matter what colour you drape over you if you claim to be in a position to represent the people it's the rich that put you in that position.

Up the revolution lol

 

Like the idea of the free tickets to kids nominated by their teachers, although my experience of rewards for kids in school means the most disruptive kid will get a reward for just managing to sit still and not hit anyone during the lesson, whilst the kids who work hard and put effort in get nothing.