Published on 20-12-2015 11:13
Sorry it's taken so long, I've been busy in my shed...
How much for a seat?
A couple of weeks ago the Albion announced their financial results, and confirmed a loss of £10.4 million for the year to 30 June 2015, a slight improvement on the previous year.
The news has been followed by a release that the club are potentially increasing ST prices by a couple of pounds of month for early bird renewers. This has been met with a mainly positive response from NSC.
The recently released accounts however reveal that for one fan the price of a home ticket last season was an eye-watering £453,856.52.
That fan is of course the one and only Tony Bloom. I suspect for his matchday price he probably received a free Bovril, programme and a booster cushion, but even so it shows just how dependent the club are on his benevolence and interest free support for the club.
The accounts have already been reviewed by the king of football analysis in the Swiss Ramble blog, but I’ve played around with the numbers a bit more since then, so have highlighted some other issues.
Where does the money come from?
Football clubs broadly get their sales income from