So someone is willing to pay Souths 100K per game when only 8000 people turn up, and this will go on until 2030?
Do you know for sure whose money is being thrown around at that stadium? Can we get any guarantee that NSW government funds are not involved at all?
Knowing the Stadium and how it works, I can almost guarantee it.
Funds for games come from Memberships, all other attendance tickets are cream.
You see we talk about membership, ANZ Stadium has a very large membership, that was filled before the Olympics on the Guarentee of tickets and then once again became full for the Rugby World cup. The Memberships also filled up last year on a special offer. Considering the 2 sets of members before them had paid their "Life" fees and had only stoped paying their "Yearly" fees, a reduced "Life" entry fee attracted the numbers back to the club.
Once you pay your membership you are a member until 2030, when the stadium Renewal fee comes up and it can go back to the State Goverment. At the AGM last year some members asked for the extention of the membership to be investigated.
17,200 people are Members at ANZ Stadium. Of those 1,000 are platinum members, the rest are Gold members. The Gold members pay a years subscription fee to go to games, like the State of Origin, The Grand Final, and 2 Rugby games and a Super 14, 3 or 4 AwFuL games and a yearly Soccoroos game. For that they pay $670 or so (this year it grows each year with CPI).
So 16,200 X $670 = $10,854,000. The Platinums pay a Transferablity Fee, but not being Platinum I don't know how much that is.
So 1 Million to to Dogs, 1 Million to the Rabbits, $200,000 to the Eels, Give the NRL and ARL some money, maybe half a mill for each event, so 1.5 this year for the 2 Origins and GF. The Same for the Rah Rah at a Million a year, maybe give the AwFuL the same, maybe more per game but with less game this year, so $400,000 a year. Give the Tah's the same as the Eels, or Maybe the same as the Swans, But no over 250,000 a game.
So that is about give or take $6 Million, there is a left over $4.8 Million, even if it costs you $800,000 for administration of the club.
Then every ticket, for each of those events is Money for Jam, so much so that any event where they get over 25,000 people they profit share with the "Home" team.