What to do with Level 3 - Parramatta Leagues Club

[Twizzle]

Put the TAB back in!

alot of them actually run at a a loss

some of the pubs just keep them to get people in the door and sell more drinks

 

[spiderdan]

Yep it's pretty clear that a few band aid solutions won't generate the coin that we need to balance the books. Aside from the LC becoming more profitable, the FC need to be able to become more self sufficient.

if you take out the football grants from the lc then it isn't doing so bad (even with the increased pokie tax, give or take, the lc breaks even ).

the fc needs to start generating more of its own money through other ventures and not be so reliant on the lc.

 

[Suitman]

alot of them actually run at a a loss

some of the pubs just keep them to get people in the door and sell more drinks

Why is it that they run at a loss? Shouldn't that be the TAB's loss?
Just trying to understand how they operate?
Ovo said that the clubs TAB was losing 16 grand a week?? :?

Suity

 

[Suitman]

if you take out the football grants from the lc then it isn't doing so bad (even with the increased pokie tax, give or take, the lc breaks even ).

the fc needs to start generating more of its own money through other ventures and not be so reliant on the lc.

Indeed, another question that was asked of Alan on Saturday, but he seemed at a loss for answers.

Suity

 

[spiderdan]

Indeed, another question that was asked of Alan on Saturday, but he seemed at a loss for answers.

Suity

the credit card idea from fish is a start. as is the push for greater membership - of which i think some control in the running of the nrl team needs to be given to the fc.

i think letting supporters know that the lc and fc memberships are different is something that needs to be done as well giving people a better reason to join the football club.

one of the reasons we don't have so many fc members may be because people couldn't be bothered joining a club that has no say in the running of the top grade side.

 

[bartman]

the credit card idea from fish is a start. as is the push for greater membership - of which i think some control in the running of the nrl team needs to be given to the fc.

Exacrtly Dan. I think the move of the NRL side under the LC severely limited the FC's ability to generate potential income.

Having said that I think the FC can do more in that regard than it has, and it will be interesting to see 3P announce their progress and achievements on that front so far in the lead-up to April.

one of the reasons we don't have so many fc members may be because people couldn't be bothered joining a club that has no say in the running of the top grade side.

As some of the active posters in this thread have proven, by admission that they aren't FC members (but clearly care about the direction of our footy/first grade side and club.

 

[Hollywood Jesus]

And the best Ovo could come up with yesterday was - we're hoping we'll ride through it, and - anyone got any ideas?

Mmmm. :?

Suity

In his defence, Suity, isn't that exactly what 3P are doing?

I mean, isn't that what this thread is about? Asking for ideas?

 

[parra pete]

Why is it that they run at a loss? Shouldn't that be the TAB's loss?
Just trying to understand how they operate?
Ovo said that the clubs TAB was losing 16 grand a week?? :?

Suity

Wages, Sky Channel etc. Sky Channel is not cheap..

 

[strider]

I think HJ brought up a valid point on saturday .... the memberships are currently around $25 .... if we add 10,000 members, its only really $250,000 - which while very handy, comes absolutely nowhere near the $6m'ish being granted to the FC from the LC

 

[Suitman]

I think HJ brought up a valid point on saturday .... the memberships are currently around $25 .... if we add 10,000 members, its only really $250,000 - which while very handy, comes absolutely nowhere near the $6m'ish being granted to the FC from the LC

But every little bit counts. It's a start. $250 000 a year that we aren't getting now.

Suity

 

[Hollywood Jesus]

Indeed, another question that was asked of Alan on Saturday, but he seemed at a loss for answers.

Suity

And once again, there isn't much on either side of the fence.

As I said on Saturday, increasing membership will mean nothing financially. An extra 10,000 members (which really is a bit of a pipe dream) would generate $200,000 a year. This is nothing but a drop in the bucket of the $6.3 mil that the LC gives to the FC.

It looks as if the only option is to transfer LC assets to the FC (because the FC doesn't have the finances to get its own unless you transfer the NRL back and use that as collateral).

But doing this will have minimal impact atm during the current economic climate and it will actually mean nothing as the extra cash that the FC will get will be exactly offset by the loss to the LC. Overall there will still be the same profit/loss when FC and LC are grouped together.

The ideas for additions/changes to the LC (which, as I said above, neither side appear to actually have atm) will bring some extra revenue in, but this will come to the LC not the FC and will thus not increase the FC's financial independence. However, they will not generate $6.3 million dollars a year.

You seem quite willing to stick it to Ovo, Suity, when his stance in no different from 3P's. No offence to either side, but both are still asking us for ideas which show that - 3 months out from the election - neither side can actually claim to have any plans for the future except vague generalities regarding "change".

Nothing that has been mentioned by either side will generate even $1mil a year, let alone $6.3 mil. In addition, some ideas such as a new Nightclub are ridiculous as they display absolutely no understanding of how Parramatta is these days.

It's a hard slog ahead for both sides. In a way, I actually pity whoever gets the job because there's no way in hell they'll be making the LC or FC profitable as far as I can see...

 

[Suitman]

Wages, Sky Channel etc. Sky Channel is not cheap..

What does Sky Channel cost per week for a club/pub?

Suity

 

[Parra]

Why is it that they run at a loss? Shouldn't that be the TAB's loss?
Just trying to understand how they operate?
Ovo said that the clubs TAB was losing 16 grand a week?? :?

Suity

You could give my dog a TAB outlet and she would make money.

Something's not right if what is quoted is true.

 

[Suitman]

You seem quite willing to stick it to Ovo, Suity,

That's where you are wrong. I'm not sticking it to Ovo, I'm sticking it to the current Board. Ovo is just their spokesman. The current board seem completely devoid of ideas. At least 3P are out there looking for them. What are the current Board doing? Ovo came and spoke on their behalf, and he basically gave us nothing, except for a "let's keep our fingers crossed".

As for 3P, I'll let them answer for themselves.

Suity

 

[spiderdan]

You could give my dog a TAB outlet and she would make money.

Something's not right if what is quoted is true.

apparently most of the people that sit up there drink water. staff and running costs outweigh the income.

 

[Suitman]

apparently most of the people that sit up there drink water. staff and running costs outweigh the income.

If that's the case Dan, every TAB in the state would go broke, because you can't even buy water at the others.

Suity

 

[spiderdan]

I think HJ brought up a valid point on saturday .... the memberships are currently around $25 .... if we add 10,000 members, its only really $250,000 - which while very handy, comes absolutely nowhere near the $6m'ish being granted to the FC from the LC

think bigger picture.

an increase of 10,000 members increases a target audience to our sponsors. think of how many sponsors would want to throw money at a club with 600 members of the football club compared to that which has 10,000 members. the increase in members would increase the competition of potential sponsors and as a result increase the base premium for each level of sponsorship.

one thing the fc should look at (this may have been mentioned somewhere else) is to make fc membership an automatic part of a season ticket.

the other thing is to introduce a members privelidges card with membership. it's easier to attract sponsors if you are doing something to potentially improve their market base.

 

[strider]

If that's the case Dan, every TAB in the state would go broke, because you can't even buy water at the others.

Suity

well TAB are just outlets for the bigger company - if they were viewed as their own independant setups, yeah they may well go broke, but there's a big organisation behind them propping them up as that organisations "shop front" ..... the issue is there aren't enough ppl using it up in sterlos at the club

 

[spiderdan]

If that's the case Dan, every TAB in the state would go broke, because you can't even buy water at the others.

Suity

just going by what alan was saying on saturday. i'd need to look at a lot more numbers to point at how we can make money in there if it is the case.

 

[Suitman]

think bigger picture.

an increase of 10,000 members increases a target audience to our sponsors. think of how many sponsors would want to throw money at a club with 600 members of the football club compared to that which has 10,000 members. the increase in members would increase the competition of potential sponsors and as a result increase the base premium for each level of sponsorship.

one thing the fc should look at (this may have been mentioned somewhere else) is to make fc membership an automatic part of a season ticket.

the other thing is to introduce a members privelidges card with membership. it's easier to attract sponsors if you are doing something to potentially improve their market base.

Indeed.
As I said, it's a great place to start.

Either that, or we don't try and just kick away a lazy potential quarter of a million.

Suity