A trail of CEO's have said we lose money playing there. But lets go on your break even.
Well this year will not be break even, we will make money same as previous two years. A trail of CEO's have said we lose money as opportunity cost as I explained previously but if we get more than 11K we do not lose money. Im not sure you understand how the ANZ deal works. Do you know how much extra money we would make if yesterdays game was at ANZ instead of Leichhardt and 60,000 people turned up? We would have LOST money. The deal with ANZ is a lump sum where as tenants the loss risk is transferred to them. They pay us $X and that is it, thats all we get and they collect and keep all takings. Doesnt matter if they get 80,000 or 5, Tigers get the same $X. Now $X is way more than they make out of playing at Leichhardt but that doesnt transfer because its not included in the deal.
As you say, a trail of CEO's have discussed this many times and assessed and renegotiated many times. Why do you think we still play out of Leichhardt & CSS? Not out of generosity. Every contract ANZ weigh it up because THEY take the risk. I have no idea what their break even is but they assess that they will lose $$ for Tigers V Titans so they are happy to let that go and Tigers carry the risk and have to get more than 11-12K to make it work.
@ said:
So youre happy with 60% win ratio and breaking even every year? What lofty goals you expect from the club.
As I said before, enjoy missing the 8 year after year. We know thats what they will deliver.
Mate, I would sign up to a 60% win ratio today. We would be in top 4\. As Ive explained the breaking even things is a furphy.
In terms of win rate, Glenn is on the money here. 60% is a massive win rate for a team that normally clocks in around 42%. Maybe it would be whittled down if we played at LO every second week, but as an occasional event it typically works - we draw decent crowds and we have a good win rate.
Craig Bellamy has an all-time win rate of 67.9% as a coach, and he's considered possibly the best coach of all time. Bennett has win rate 61.5%. Anything in the realm of 60% is very meaningful in a two-horse race, where averages over sufficient time generally equalises win rates to 50% +/- 5%.