Odds On Posted June 7 Report Share Posted June 7 Looking just at the Premiership league, I fail to see just how some of these clubs can make it pay, fair play if they do but when you hear what some of the riders are on there's only way it is going to end. Some of the teams owners are business men and may see speedway as just an expensive hobby but as a business model speedway is a good way to lose money! Many teams chase the golden goose to lay the golden egg, but the feed for the goose has a huge cost and probably not sustainable over a period of time.. Quote Link to comment Share on other sites More sharing options...
ch958 Posted June 7 Report Share Posted June 7 Is any club sustainable on its crowds/ food and drink (where applicable). Probably not. Quote Link to comment Share on other sites More sharing options...
StevePark Posted June 7 Report Share Posted June 7 A big part of it must be down to sponsorship. Quote Link to comment Share on other sites More sharing options...
1stbender Posted June 8 Report Share Posted June 8 Sponsors, tv and streaming, crowds are the only real income. Riders pay is the the biggest outgoing alongside stadium rent. I think it’s either go big or go home in order to make it viable any more. Get the big names in like the clubs have done, holder, woffy, Freddie, Emil etc and hope that the product then sells its self on big names and quality racing. In order to get a bigger tv deal and bigger sponsorship. Look at the premier league football the influx of foreign superstars in the mid to later 90’s alongside the soon to be english “golden generation” boosted the reputation and as years went on the money grew and grew through tv and sponsorship to what it is today. Quote Link to comment Share on other sites More sharing options...
1 valve Posted June 10 Report Share Posted June 10 In the case of the current football Premier League The sequencing was first the rebranding of Football League Division one to "Premier League" together with Sky Sports investing into TV rights/sponsorship. This money allowed (then and now) clubs to attract the best of foreign players. Since then the Premier League TV rights has increased from its first deal of £191 million per season to £1.67 billion per season (across multiple TV companies not just Sky). Clubs have not only invested in Players for the first team but also academies and stadium and training ground facilities. Of course the growth of the Premier League in terms of global TV coverage also generated significant sponsorship agreements large commercial organisations. Whilst all this appears great...and far beyond comparison to speedway in the UK - A sobering fact is that in the 2022/23 season only three Premier League clubs actually made a profit! (2023/24 not yet fully known but will not be greatly different) Quote Link to comment Share on other sites More sharing options...
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