Numpty >>
tuesday may 5 - 13:51, Edited
tuesday may 5 - 14:26 Yeah, I did crunch the numbers - and I've forgotten the exact detail, but I recall that in the worst case you would need an average attendance of around 150,000 to break even.
But I'll get my calculator out and go over the detail ...
There are 3 aspects to consider:
1. The extra maintenance costs are just about covered by the increased ticket price with an average attendance around 110,000. So at 120,000 you're in profit regarding the daily running costs.
2. You also have to take into account any loss of interest due to the construction costs if your capital balance falls below the maximum. So that will vary depending on the amount of lost interest. If it was built as soon as you had the cash and therefore dropped your balance to near zero losing the maximum possible interest (assuming Office 10) then you would need roughly 30,000 extra attendance per match (assuming Catering 10 with staff 10) to balance the loss of interest. So this is why you would potentially need an average gate of 150,000 just to break even.
3. There is also the 2-3 seasons delay of lost interest on the capital while the stadium is being built. If the balance remained at zero during the construction then it would take nearly 2 seasons with maximum attendance at 200K just to recoup the accumulated "losses". This is the worst case.
The potential loss of interest is the larger factor.
So it seems if you have plenty of cash and can build without loss of interest then it's worth doing if you can nearly fill the 120K stadium by the time the 200K stadium opens.
If you only just have the cash and will lose the maximum interest then you need to be getting at least 150,000 by the time it opens.
Anything else falls somewhere between the two.