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Financial Fair Play / Profit & Sustainability

Mattoon

by Mattoon
in Football

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Stifler

Stifler

Posted
Posted (edited)
1 hour ago, Turnbull2000 said:

£1.5m profit over an entire sound plausible, but over 4 and a bit weeks?!

It’s the lead up to Christmas. Everyone going out for drinks after work, everyone stopping by to have a drink during Christmas shopping, and a few matches on TV.

I very much doubt it would be the norm, but for Christmas, it’s believable.

Didn’t it serve 20,000 pints in its first 24 hours of opening?

That is £100,000 at an average price of £5 right there.

 

 

Edited by Stifler

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ikri

ikri

Posted
Posted
On 21/12/2024 at 14:48, Stifler said:

It’s the lead up to Christmas. Everyone going out for drinks after work, everyone stopping by to have a drink during Christmas shopping, and a few matches on TV.

I very much doubt it would be the norm, but for Christmas, it’s believable.

Didn’t it serve 20,000 pints in its first 24 hours of opening?

That is £100,000 at an average price of £5 right there.

 

 

 

 

£100k for 20k pints would be turnover, not profit.  The average profit from a single pint is usually in the 5p range, so for 20k pints that would be £1000.  You'd have to get every man, woman and child in Newcastle to drink 100 pints a week to manage to make £1.5m profit.

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Keegans Export

Keegans Export

Posted
Posted
2 minutes ago, ikri said:

 

£100k for 20k pints would be turnover, not profit.  The average profit from a single pint is usually in the 5p range, so for 20k pints that would be £1000.  You'd have to get every man, woman and child in Newcastle to drink 100 pints a week to manage to make £1.5m profit.

Well I wasn't going to bother with the pub tomorrow but I guess I'd better get on it

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Teslact

Teslact

Posted
Posted
20 minutes ago, ikri said:

 

£100k for 20k pints would be turnover, not profit.  The average profit from a single pint is usually in the 5p range, so for 20k pints that would be £1000.  You'd have to get every man, woman and child in Newcastle to drink 100 pints a week to manage to make £1.5m profit.

Guess we know where all the MLFs are having their Christmas Parties.

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RUHRLYASLEEVESUP

RUHRLYASLEEVESUP

Posted
Posted (edited)
14 hours ago, ikri said:

 

£100k for 20k pints would be turnover, not profit.  The average profit from a single pint is usually in the 5p range, so for 20k pints that would be £1000.  You'd have to get every man, woman and child in Newcastle to drink 100 pints a week to manage to make £1.5m profit.

Yee what ?

 

 

 

 

 

Edited by RUHRLYASLEEVESUP

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Ronson333

Ronson333

Posted
Posted
1 hour ago, RUHRLYASLEEVESUP said:

I don’t know enough about Bitcoin to have a solid opinion but is it an option for our owners to launch their own, buy as much as they need and raise capital for the club this way ?

 

too simplistic I suppose ?

Tooncoin 

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Checko

Checko

Posted
Posted (edited)
2 hours ago, RUHRLYASLEEVESUP said:

I don’t know enough about Bitcoin to have a solid opinion but is it an option for our owners to launch their own, buy as much as they need and raise capital for the club this way ?

 

too simplistic I suppose ?

Would be worth a try just to see the inevitable FTMcoin tank.

 

 

Edited by Checko

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