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Author Topic: Winnipeg Football Club Posts Operating Profit of $2.6 Million in 2018  (Read 4300 times)
USApegger
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« Reply #30 on: April 18, 2019, 01:17:26 AM »

$470,000 - thanks for that.  Seems awfully high just to transport 60 players, coaches and therapists and provide a few nights accomodations.  So expenses increased by $2.8 million from last year without those two additional road trips.  Why such an increase?

And why have the stadium repayments decreased from $4.5 million to $2.7 million?

They are not doing a good job attracting other events to the stadium.  This will mark the second year in a row there will be no other events.  The soccer team does not count as it is its own entity.  So much for the hope of attracting 3-4 concerts per year as the organization stated when they stadium opened.

Who is touring that is doing stadium shows aside from the Stones (who postponed their tour) Is there enough big acts out there now that could fill the stadium?
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The Zipp
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Who gives a flying Buck...


« Reply #31 on: April 18, 2019, 01:48:22 AM »

From what I can see the following are in Minneapolis after a quick scan of ticketmaster:

Garth brooks

Pink

Ariana grande

Backstreet boys

Cardi B

- few others but Lots of these would be more BellMTS venues than IGF - there just aren't that many stadium type shows on tour. 



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DM83
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« Reply #32 on: April 19, 2019, 02:19:46 AM »

Garth Brooks was in Phx and sold out the arena with record setting crowd.  Go figure!
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BLUEBOMBER
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« Reply #33 on: April 19, 2019, 08:04:28 AM »

If the Bombers didn't need to repay anything back for the stadium, we could have used all that money to sign more players, coaches, and make the game day experience so much better.
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blue_or_die
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« Reply #34 on: April 19, 2019, 11:54:02 AM »

If the Bombers didn't need to repay anything back for the stadium, we could have used all that money to sign more players, coaches, and make the game day experience so much better.

Don?t know how it works, eh?
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107th Grey Cup champs and WE ARE LIT
kkc60
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« Reply #35 on: April 19, 2019, 02:47:06 PM »

If the Bombers didn't need to repay anything back for the stadium, we could have used all that money to sign more players, coaches, and make the game day experience so much better.
Except there are salary caps for players and football ops......but ok
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3rdand1.5
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« Reply #36 on: April 21, 2019, 05:29:12 PM »

So if I understand correct if we had an "actual" owner, they would have lost 100k last year.
Again if I understand correctly;
BC-lost significant money
Edm. and Cal. I am not sure but I believe would be in the black
Sask. is in the black
Wpg. in the red
T.O bled money again
Mtrl. faced huge losses and is now without ownership
Hammy.and OTT I am honestly unsure but if both are in the black

That means that roughly half the league lost money or didn't meet financial obligations
 
 
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Blue In BC
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« Reply #37 on: April 21, 2019, 05:35:39 PM »

Who is touring that is doing stadium shows aside from the Stones (who postponed their tour) Is there enough big acts out there now that could fill the stadium?

Kiss, Elton John, Cher are a few doing multi year " last tours " in theory.
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No more excuses.
66 Chevelle
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« Reply #38 on: April 21, 2019, 07:20:19 PM »

If the Bombers didn't need to repay anything back for the stadium, we could have used all that money to sign more players, coaches, and make the game day experience so much better.

weren't they just forgiven $100M of that debt recently?
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just because you can doesn't mean you should...
blue_or_die
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« Reply #39 on: April 22, 2019, 12:22:16 PM »

weren't they just forgiven $100M of that debt recently?

The loan was written off by the Province, not forgiven.

That does open the door to the debt being forgiven, but until then the Bombers still are paying their agreed upon share.

Years where they fall short is why they built a reserve fund. If they had just hosted a playoff game, there would be no issues. Being successful consistently through the regular season to grant a home playoff game also lends to greater attendance through the regular season as well, boosting overall revenue.
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107th Grey Cup champs and WE ARE LIT
66 Chevelle
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« Reply #40 on: April 22, 2019, 03:19:22 PM »

The loan was written off by the Province, not forgiven.

That does open the door to the debt being forgiven, but until then the Bombers still are paying their agreed upon share.

Years where they fall short is why they built a reserve fund. If they had just hosted a playoff game, there would be no issues. Being successful consistently through the regular season to grant a home playoff game also lends to greater attendance through the regular season as well, boosting overall revenue.

I see, thanks for the clarification...
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just because you can doesn't mean you should...
Fire101
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« Reply #41 on: June 27, 2019, 07:41:13 PM »

It's all about hosting a playoff game. The Riders just announced net profit of $1,467,062 up from $781,930 the previous year.  And most of that was due to hosting the Western Semi-Final, by hosting the 2018 West Semi-Final the club brought in an additional $1.8 million in revenue, netting $800,000 in profit.



https://www.riderville.com/2019/06/27/roughriders-announce-1-4-million-net-profit/
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66 Chevelle
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« Reply #42 on: June 27, 2019, 08:00:57 PM »

It's all about hosting a playoff game. The Riders just announced net profit of $1,467,062 up from $781,930 the previous year.  And most of that was due to hosting the Western Semi-Final, by hosting the 2018 West Semi-Final the club brought in an additional $1.8 million in revenue, netting $800,000 in profit.



https://www.riderville.com/2019/06/27/roughriders-announce-1-4-million-net-profit/

they're moving the merchandise, aren't they? $6.8M in gross sales? can't complain about that!
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just because you can doesn't mean you should...
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