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| Whilst I am delighted by both the ambition and optomism shown by the club, I'm a little concerned by the maths.
If, by virtue of the increased capacity, Warrington have the opportunity to sell an extra 2,000 tickets, this would give extra revenue of £40k each time a 15,000 sell out were achieved (given a cost of say £20.00 per ticket).
So, if one game per season was a 15,000 sell out this would give extra annual revenue of 40k, if two games sell out an extra 80k would be generated, 3 games 120k, 4 games 160k, 5 games 200k and so on.
Given that the building costs have been quoted as "circa £2 million" (presumably this is ex VAT) and that this the work comes in on price and on schedule, it would take the following number of years before a profit is realised on the investment:-
2 sell outs per season = 25 years
3 sell outs per season = 16.6 years
4 sell outs per season = 12.5 years
5 sell outs per season = 10 years
My figures, whilst admittedly very basic, make no allowance for any interest payments (assuming that a loan will be taken out to cover the building costs), additional maintenance, insurance, general running costs etc,etc all of which will prolong these periods.
I'm sure that the club will have taken great care in costing the expansion, but as I have illustrated above it can only possibly work if the new 15,000 capacity is achieved on a far more of a regular basis than just Saints and Wigan games - otherwise I fear that a significant rise in ticket costs will have to be implimented to help recover the costs.
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