|
|
Post by gardielo on Aug 5, 2022 8:56:00 GMT
With a salary bill approaching £3 million a year plus costs of operating in BBL and Europe how many years so you think this is going to go for?
As has been said, no chance on an ROI, NBA franchise not likely, crowds have been minimal. Even if successful will it bring extra revenue to the BBL? And if it does will it go like premier League football straight into players wages.
I really hope there is some way this will benefit the game in England.
|
|
|
|
Post by spacejammer on Aug 5, 2022 9:54:58 GMT
Listening to the BBL Show with Brett Burnman this past week.
It sounded like the idea to have no salary cap is to try and attract the some best talent and make the BBL the best domestic league outside the NBA.
With the idea if London and Leicester become super teams eventually the money will come rolling into other clubs and they become super teams as well.
That is what I understood from it anyway which sounds bold but could easily backfire.
Just like how folded franchises with the Build it and they will come motto.
Whilst I doubt an NBA franchise would happen here I would love to the NBA global games return and more links between the BBL and NBA would be good for both the league and our GB national side.
|
|
|
|
Post by dexter on Aug 5, 2022 10:25:46 GMT
I don't think past crowds are particularly relevant. The BBL is a small market. The London Lions team and high quality EuroCup opponents will attract basketball fans from across London. But that is only 9 home games. Even with a sell out for EuroCup games at an average price of £20 a ticket (just a number I made up) that is only an income of £1m.
|
|
|
|
Post by irf on Aug 5, 2022 11:24:58 GMT
I don't think past crowds are particularly relevant. The BBL is a small market. The London Lions team and high quality EuroCup opponents will attract basketball fans from across London. But that is only 9 home games. Even with a sell out for EuroCup games at an average price of £20 a ticket (just a number I made up) that is only an income of £1m. I was thinking they may attract new fans to all their home games including BBL due to going for a mix of European players that may appeal to the fans of their countries etc However, regardless of that the ticket price at basketball games will never be high enough to pay the salary bill regardless of whether they can add 3,000 fans per game 3000 extra fans ish (which is a big ask) x 12 pounds ish for BBL x 20 games ish Equals 720k extra income 8000 (big ask) X 20 pounds (big ask) ish x 9 games Equals 1.4M approx 2.1m income which itself is very unlikely and doesn't take account of kids ticket prices even if they bring the fans in Which I doubt they will Having said all that some businesses are happy to lose lots of money each year for various reasons They might actually be aiming to lose money for a while at least Mad as that seems There could be a much bigger picture going on away from UK |
|
|
|
Post by dandayr on Aug 5, 2022 12:17:15 GMT
not sure where the £12 ish BBL is coming from
these are the BBL prices London fans were mentioning for last season £27.50 for a standard adult ticket (side of court). £55 for a courtside ticket. £77 for a family ticket (2 adults, 2 children)
even Glasgow with lower costs, £12 was the concession price and it was £15 for adults last season.
one of the new players mentions crowds grew from small at the euro games to over 4K - well if they can get a starting point of 4K paying and maintain their prices then thats a decent base to build on
agree though stage 1 is they grow the paying fanbase and off that they can push higher commercial income (sponsors, merchandising, hospitality, court side seat charges)
|
|
|
|
Post by D44 on Aug 5, 2022 12:26:22 GMT
Investment from wealth funds in sports clubs is all about turning money which would otherwise be sat in a bank account into a tangible asset which could generate long term income. Sometimes even just by virtue of the brand of the asset that is being invested in theoretically increasing in value by the fact its being invested in.
|
|
|
|
Post by dexter on Aug 5, 2022 12:45:07 GMT
not sure where the £12 ish BBL is coming from these are the BBL prices London fans were mentioning for last season £27.50 for a standard adult ticket (side of court). £55 for a courtside ticket. £77 for a family ticket (2 adults, 2 children) even Glasgow with lower costs, £12 was the concession price and it was £15 for adults last season. one of the new players mentions crowds grew from small at the euro games to over 4K - well if they can get a starting point of 4K paying and maintain their prices then thats a decent base to build on agree though stage 1 is they grow the paying fanbase and off that they can push higher commercial income (sponsors, merchandising, hospitality, court side seat charges) That does seem a little bit pricey. It wouldn't put me off though. If I was going to watch the Lions play my biggest cost would be transport. It probably would put me off going regularly though if I lived closer. I guess there must be season ticket options for those fans. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 5, 2022 13:02:34 GMT
I’ve been waiting ages for them to release tickets so I can see if they have changed the prices, I think £5 less for both tickets makes sense, I think your fee go too low it’s going to be difficult to ever raise the prices long-term without pushing people away, they’ve done so many good things this off-season I really hope they don’t mess up the ticket situation
|
|
|
|
Post by tallerman on Aug 5, 2022 13:34:57 GMT
If they hire a marketing company i have no doubt theyd sell out every game. They wont tho
|
|
|
|
Post by massiveridersfan on Aug 5, 2022 16:17:19 GMT
Why do you believe they won't?
|
|
|
|
Post by Stephen Abootman on Aug 5, 2022 16:19:59 GMT
one of the new players mentions crowds grew from small at the euro games to over 4K - well if they can get a starting point of 4K paying and maintain their prices then thats a decent base to build on When did Lions get 4,000 through the door for any game last season? If it happened a ton of those must have been giveaways. I remember them having to give tickets away on the day just to get a few hundred in for their first European game. Is EuroCup really as big a draw for British basketball fans as we're making it sound on here? Is a EuroCup game vs Buducnost really a significantly easier sell than a Europe Cup game vs Bahcesehir? It's been pretty apparent in my time posting on these boards that a lot of fans haven't even understood these are different competitions. I think the step up in level is being somewhat overestimated too. I think a lot of the teams in this competition will be no stronger than the better opposition BBL teams have faced in Europe Cup recently. Dinamo Sassari (one of the sides Riders were grouped with in 2018) are unequivocally a stronger club than Trento. They outperform them domestically year after year and have a more impressive history in Europe. Treviso (the team Lions lost to in last year's BCL qualifier) have also finished above Trento in the Italian league each of the last two seasons, and were good enough to make the last 16 of BCL. Bahcesehir were a better team than Turk Telekom last year. And I reckon there's a good chance last season's Avtodor side would be pretty competitive in this competition. There might be the odd side that's a level above the kind of teams I've just mentioned. But I don't think the standard of opposition is going to be as dramatically different as some are imagining. The absence of any genuine minnows (eg. Kapfenberg) and the sheer volume of guaranteed fixtures will be the significant differences. |
|
|
|
Post by tallerman on Aug 5, 2022 16:23:54 GMT
Why do you believe they won't? Because its the logical step and the past doesnt tend to do the logical thing |
|
|
|
Post by tallerman on Aug 5, 2022 16:25:44 GMT
one of the new players mentions crowds grew from small at the euro games to over 4K - well if they can get a starting point of 4K paying and maintain their prices then thats a decent base to build on When did Lions get 4,000 through the door for any game last season? If it happened a ton of those must have been giveaways. I remember them having to give tickets away on the day just to get a few hundred in for their first European game. Is EuroCup really as big a draw for British basketball fans as we're making it sound on here? Is a EuroCup game vs Buducnost really a significantly easier sell than a Europe Cup game vs Bahcesehir? It's been pretty apparent in my time posting on these boards that a lot of fans haven't even understood these are different competitions. I think the step up in level is being somewhat overestimated too. I think a lot of the teams in this competition will be no stronger than the better opposition BBL teams have faced in Europe Cup recently. Dinamo Sassari (one of the sides Riders were grouped with in 2018) are unequivocally a stronger club than Trento. They outperform them domestically year after year and have a more impressive history in Europe. Treviso (the team Lions lost to in last year's BCL qualifier) have also finished above Trento in the Italian league each of the last two seasons, and were good enough to make the last 16 of BCL. Bahcesehir were a better team than Turk Telekom last year. And I reckon there's a good chance last season's Avtodor side would be pretty competitive in this competition. There might be the odd side that's a level above the kind of teams I've just mentioned. But I don't think the level of opposition is going to be as dramatically different as some are imagining. The absence of any genuine minnows (eg. Kapfenberg) and the sheer volume of guaranteed fixtures will be the significant differences. Outside of a very small group of basketball british people wont care about eurocup basketball. If they appeal to the nationals of their opponents they may be successful just like royals were when they signed the lat twins |
|
|
|
Post by gardielo on Aug 5, 2022 16:29:07 GMT
Crowds..when I ran a London team I was surprised that people related to their locality not the city. And it can take hours to cross the city. And Stratford is far East. Hope they can make it work. The product should be good but I can see a lot of blockages.
|
|
|
|
Post by dexter on Aug 5, 2022 18:07:18 GMT
Crowds..when I ran a London team I was surprised that people related to their locality not the city. And it can take hours to cross the city. And Stratford is far East. Hope they can make it work. The product should be good but I can see a lot of blockages. It’s much quicker and nicer with the Elizabeth Line by all accounts. |
|
|
|
Post by gardielo on Aug 5, 2022 19:50:56 GMT
That's only West to east
|
|
|
|
Post by dexter on Aug 5, 2022 20:09:02 GMT
In a perfect world South London and North London would have their own teams. |
|
|
|
Post by reallyoldfeenixfan2 on Aug 5, 2022 22:53:27 GMT
In a perfect world South London and North London would have their own teams. They need to get one team sorted first. |
|
|
|
Post by gardielo on Aug 6, 2022 11:34:31 GMT
Let's not forget the days Towers played at Wembley and Leopardskin East London. Great days.
I reckon Chester's playing budget is about £100k. As a percentage of £2.5milion it's well small. Wonder if some sort of new structure will emerge over time if new investment does appear. Maybe focused on big cities.
|
|
|
|
Post by gardielo on Aug 6, 2022 11:35:48 GMT
And of course the mighty Crystal Palace on South London. So basketball in London. Can work.
|
|
