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If we hadn't adopted such a professional approach and schlepped to Gothenburg on one of Mr O'Leary's sardine tins (like many of us fans did), I suspect our European involvement would have ended there and then.Quote:
Originally Posted by endabob1
As for the 50k charter cost, bear in mind the plane has to fly from base to Derry (empty), Derry to Gothenburg, Gothenburg to base (empty). And then the whole way back again.
Don't get me wrong, I think it's fantastic that EL clubs are going down this route. As has been said without taking the more professional approach the progress that has been made by EL clubs in Europe would undoubtedly have been slower or perhaps there would have been no progress at all.
I'm just surprised (as a sad accountant by proffession) at the finances of it all. The example of 50k to charter a plane shows the level of costs involved and once the various ancillary costs are taken into account the prize money is not as great as it first seems.
Yeah but the club is hardly paying the whole fee itself. They'll take up 30 about seats and then the other 100 are sold. I thought they'd be paying a max of €10k for flights and €10k for accomodation but I didn't realise the costs were so big.Quote:
Originally Posted by Dazzy
But if they dont fill the plane they have to make up the cost themselves.Quote:
Originally Posted by eirebhoy
Although you still have ony received €245k to date, that still leaves a profit of €50k so far with €210k still to come (by your figures). Over a quarter of a million euro is nothing to be sniffed at. You also have not allowed for the seats that Derry would have sold to supporters to travel on the chartered flights, so allowing €150 per seat by 50 supporters by 3 games that would be another €22,500 of income. Also, you would have programme sales, half-time draw ticket sales, replica shirt sales, etc. which would probably boost your income by at least another €20,000. Although you wouldn't have made the millions that people seem to think you make out of europe, I'm sure Derrry still made well over €300,000 profit from Europe (regardless of when the money comes). That's more than a lot of First Division clubs would bring in, in an entire season. Derry done it in 6 weeks.:eek:Quote:
Originally Posted by dcfcsteve
I always think if eL clubs can break even on gate receipt s versus expenses & manage to take the prize money as profit then they are doing very well.
I would estimate approx 1,000 euro cost to send 1 player or club member to an away game on average.
My figures sre purely speculative, and should be treated that way.Quote:
Originally Posted by harps1954
The £210k figure from UEFA is also purely speculative, and should be treated that way.
I ahve - I took €10k off the ocst of each charter flight to reflect this (€40k, not €50k). I've therefore allowed for more income in this route than your figures have.Quote:
Originally Posted by harps1954
Piddling sums of money to be honest with you. Max of what - €1-2,000 in total across 3 games....?Quote:
Originally Posted by harps1954
Firstly - I emphasised 'direct' income. Merchandise sales are not usually income that can be solely and clearly pinned on certain games. Secondly, we ran out of shirts after Gothenborg, and only got more from Umbro after the PSG games, so we sold nigh-on diddly squat extra due to Europe. Assuming each shirt makes us €15 profit, we'd be lucky if we shifted more than €1-1,500 extra purely due to Europe.Quote:
Originally Posted by harps1954
This is all pure speculation though, based on speculative figures - some of which won't be confirmed for over 8 months. I would hope the shareholders' report next March will shed some light on it all though.Quote:
Originally Posted by harps1954
dcfcsteve - We already know how much Derry will get from UEFA. €210k.
Just looked at that UEFA mag and you're right. My bad - apologies.Quote:
Originally Posted by eirebhoy
They must have changed it, as there used to be no amounts confirmed until they'd worked out the total income.
Scrub everything I've said therefore - we're rich beyond our wildest dreeeeeaaaaammmmmmsssss !!!! :D ;)
dcfcsteve
Sure ye have so much money now you could start to pay players the same as the Gretna boys :D
But just not those players....... :pQuote:
Originally Posted by endabob1
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Originally Posted by higgins
Thats not true. Sure dont Derry have to pay a percentage of all gate receipts to their queen?
Im sure I read a Jim Roddy quote about that during the European run.
I think what you meant to say is they pay VAT to the Inland Revenue?Quote:
Originally Posted by bohs til i die
Correct.Quote:
Originally Posted by pete
Good to see the Bohs fans taking up the Rover's offer of trying to out-orange each other. At this rate yee's will all leave the England team's fans looking distinctly un-British...Quote:
Originally Posted by bohs til i die
Rather than the usual petty English-wannabe hoolliganism than you usually indulge in, can we now expect a 'flute-off' the next time your teams play each other ?
If only yee's would all flute off.......