Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,152,126 members, 7,814,942 topics. Date: Thursday, 02 May 2024 at 12:53 AM |
Nairaland Forum / Entertainment / Sports / Epl: Is Tickets Prices Still The Major Source Of Revenue For Football Clubs? (272 Views)
EPL Is Slowly Getting Bigger Than The Champions League / Top Privately Owned Football Clubs In Nigeria / Some Of The Futuristic Stadiums Qatar Is Constructing For Football World cup (2) (3) (4)
(1) (Reply)
Epl: Is Tickets Prices Still The Major Source Of Revenue For Football Clubs? by Nobody: 1:13pm On Dec 30, 2018 |
Ever wondered how much your favourite club is making in ticket sales from home games? Once or twice you must have checked the Forbes list of the top richest football clubs, then boast gleefully, Man United, Real Madrid or Barcelona are the top richest clubs due to their large stadium capacity. According to the statista.com the average match attendance of English football Premier League in the 2017/2018 season shows that Manchester united top the chart with 75,102, followed be Tottenham Hotspur due to them using Wembley stadium last season with average attendance of 70, 642. In the tenth position is Leicester city with 31, 631 attendance, while according to premierleague.com the average cost of a football match ticket in EPL is £ 31, with Arsenal fc having the highest ticket of £ 97 and lowest ticket of £ 27, followed by Tottenham Hotspur with the costlier ticket being 95pounds and the lowest £30, and on the bottom of the ladder is Wolves with the highest ticket costing £ 40 and the lowest £22 per ticket, on position number nineteen is Cardiff with the highest ticket costing £ 42 and the lowest costing £ 25. The table below shows the average attendance recorded by top ten clubs in the premier league last season multiply by the average ticket prices of each club. Name of the Club Avg, Attendance per year Highest ticket prices Lowest prices Average ticket prices TOTAL Man. United 75102 53 31 42 £ 3,154,284.00 Tottenham 70642 95 30 62.5 £ 4,415,125.00 Arsenal Fc 59323 97 27 62 £ 3,678,026.00 West Ham Utd 56896 80 25 52.5 £ 2,987,040.00 Man. City 54054 58 30 44 £ 2,378,376.00 Liverpool 52958 59 9 34 £ 1,800,572.00 Newcastle 52297 50 27 38.5 £ 2,013,434.50 Chelsea 41281 87 30 58.5 £ 2,414,938.50 Everton 39043 49 38 43.5 £ 1,698,370.50 Leicester 31631 50 26 38 £ 1,201,978.00 From the table, it shows that the team with highest revenue is Tottenham Hotspur, with just a sum of 4.4million pounds, followed by Arsenal with £ 3.67million, those at the bottom of the table includes Liverpool with £ 1.8million, Everton with £1.6m and former Premier league champions coming last in the top ten with £1.2million. This shows that while bigger stadium and high ticket prices equals more revenue, it is still a paltry sum compare to how much each clubs are making each year, the lofty revenue generating from TV deals, Shirt and Stadium sponsor, Player transfers, merchandise and many more, are still the biggest determinant factors in making more money for the club. In fact according to an article on Forbes website, Manchester United derive 20% of their income from matchday revenue – a summation of not just the match day ticket prices but also includes hospitality and food/beverage – while around twice that comes from TV deals and yet more from commercial deals. Interestingly, Bournemouth, the worst attended club with just over 11,000 attendances, get less than 4% of their income from matchday revenue. So as a fan, before you boast of bigger stadium means more revenue for your favourite club, consider a lot of things. https://sportinomics..com/2018/12/epl-is-tickets-prices-still-major.html |
(1) (Reply)
Kada City And Gombe United Qualify For The Npfl From The Nnl Northern Conference / Like & Subscribe. / Live Football - BATE Vs Arsenal - 14th Feb. 2019 - Europa League
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 25 |