Someone mentioned a few days ago about pints being £2 in the fanzoneSounds to be as they will want us there early and for us to stay behind after the match. I'm assuming they won't be asking silly money for a pint, then?
Someone mentioned a few days ago about pints being £2 in the fanzoneSounds to be as they will want us there early and for us to stay behind after the match. I'm assuming they won't be asking silly money for a pint, then?
Its gonna be over a fiver a pint at the very least,Sounds to be as they will want us there early and for us to stay behind after the match. I'm assuming they won't be asking silly money for a pint, then?
That's THREE or FOUR 31 year old castoffs from Sky Six clubs or Barca that we can sign for big wages!Right, theres much more than that, I just figured thats just an easy way to answer and show that 40 a ticket is actually a big revenue increase for basic seats. If our average matchday revenue went to 8th, tied with West Ham, it would be a 42m increase. Again, not including sponsorships, naming rights, and events.
They attend many games throughout the season.Do they attend Roma games or generally stay away from them?
Sounds to be as they will want us there early and for us to stay behind after the match. I'm assuming they won't be asking silly money for a pint, then?
Black horse for me
One of the things I'm not looking forward to about the move is the whole "matchday experience" and fanzone malarkey, feels a bit forced and that they're wanting to milk us. The rumoured £2 a pint in the fanzone will soften the blow a bit though.
Thanks mate. Just one other thing, have ticket prices, food and drink prices increased by much in the Stadio Olympico since they took over?They attend many games throughout the season.
That would be akin to entering a haunted house on HalloweenThis made me imagine a hologram BK as you enter the stadium
"Are you ready for GOOOOOOD TIMES!!"
I’ll meet you half way. I guess it will be £50 -£55It will be closer to £70 per ticket for Bramley Moor believe me
The RMF debt is hugely substantial. These people are leeches like payday loans.
The two biggest creditors are now ACap and RMF (and obviously Freidkin). Outside of them, there are very few creditors, the club is effectively debt free. Which also means free of 60m or so debt repayments.
TFG debt will be wiped out, I think ACap will be resolved, and it's reported RMF will be gone. The club is in a comparatively strong position, quite possibly the strongest it's been in, in 6 or 7 years. If you remove the debt interest repayments, it's close to being cash flow positive.
If you are owed money, you may receive that back in the form of equity in the business.
So let's say someone is owed 200m and the business is valued at 1bn, the business can issue shares to give them a 20% stake on the business.
It's not that uncommon. Debt isn't always bad, but it allows for a companies balance sheet to look better.
Right, I dont have any details but from what Ive heard discussed in the media, which to me seems to suggest:
Current debt
1. 200m to Friedkin at unknown interest rate
2. 200m to 777/ACap at what we believe is like 10-11%
3. 225m to RMF at 10.5%
Annual interest costs of 62.5m a year. Next years plan:
1. 200m Friedkin converted to equity
2. They pay something like 150m to pay off the 200m 777/ACap loan.
3. They pay off a portion of RMF, but renegotiate or refinance the rest at a much lower rate secured on the stadium. Lets say 180m at 6%.
Annual interest costs of 10.8m a year. Savings of 51.7m, and stadium brings another 50-60m in new revenue. Next years budget is 100m to the better. Now I can also see them taking some of what they pay off the 777 with and just do a bigger loan secured on the stadium, like 300-350m. Id love for them to pay it all off but from what I heard in the media(could of course be wrong) it seemed they want to secure some of it on the stadium for now.
Right, I dont have any details but from what Ive heard discussed in the media, which to me seems to suggest:
Current debt
1. 200m to Friedkin at unknown interest rate
2. 200m to 777/ACap at what we believe is like 10-11%
3. 225m to RMF at 10.5%
Annual interest costs of 62.5m a year. Next years plan:
1. 200m Friedkin converted to equity
2. They pay something like 150m to pay off the 200m 777/ACap loan.
3. They pay off a portion of RMF, but renegotiate or refinance the rest at a much lower rate secured on the stadium. Lets say 180m at 6%.
Annual interest costs of 10.8m a year. Savings of 51.7m, and stadium brings another 50-60m in new revenue. Next years budget is 100m to the better. Now I can also see them taking some of what they pay off the 777 with and just do a bigger loan secured on the stadium, like 300-350m. Id love for them to pay it all off but from what I heard in the media(could of course be wrong) it seemed they want to secure some of it on the stadium for now.
They cut prices right after COVID. Since the reopening the stadium has always been sold-out.Thanks mate. Just one other thing, have ticket prices, food and drink prices increased by much in the Stadio Olympico since they took over?