Cost to join the Pro League is around TT$200-$300k You also have to provide proof of one years salaries (bank statement) Plus yearly membership of around TT$100,000
I would estimate monthly wage bill including staff is between TT$80,000 - TT$ 200,000 (depending if you have marquee players, full time staff etc)
Total budget per year would be between TT$1.5 million - TT$3 million
Average income would be around TT$20,000 (not including govt subvention, sponsors or prize money)
Govt subvention (if you can get it) is between TT$50 -TT$80,000 p.m.
Sponsors prefer to give product than cash, though you can get a directv who really support their club.
Basically, don't do it for the money! You cannot pay yourself a decent wage, you work 16 hours per day and you need a very understanding wife!!
However.....if you can stick it out for the long term, support your sponsors and maybe develop a few youngsters, you could start to see a profit. Again, if you want to make money, open a doubles stand!
Football supporter --- Thanks for the response.
That average income of TT$20,000 you mentioned...is that a monthly figure? A per match figure?
Also, with the proper marketing (something which clearly is not done at all today) one can realize profits, and see some financial successes in that business. Anyway breda...thanks for the feedback!
Per year! Average crowd say 300 (divided by two home clubs) Say 200 of those are paying adults at $30 = $6,000 ($3,000) per club, less match officials fees, ambulance fee, snacks and water for ball boys, post match food for players, wages for gateman, cost of sound system/DJ/match announcer.
You can make some money from concessions, but it's quite difficult as you need to keep stock of unsold items and your 7 home games may run from August to May. The investment in setting up concessions relative to potential income makes it unworthy. The key is to obtain crowds of 500 plus to begin to see the worth in investing in concessions.
Yes, I was thinking the same thing, regarding the extremely low crowd-attendance. There is clearly something being done wrong in terms of marketing which accounts for the dismally low spectator attendance.
There is a reason why there seems to be much more support and attendance for secondary school games vs PFL teams. It's all in clever 'thinking-out-the-box' marketing --- something that is not employed at all by the PFL. If a club can accomplish this, then that club could at least benefit from higher revenues at the gate and possibly also from some sales of team merchandise (caps, jerseys etc).
Well, in that case, why don't you offer a club some "outside the box" thinking? But as I see it, clubs suffer because of major shortfalls in local and national govertment thinking.
Why, in such an affluent country, is there no organised local bus service? If you leave Ato Boldon after a game, there is no way of getting back to Couva. It's not safe for youngsters. There should be a regular bus service that caters for match days.
Next: until the press and media start to support the Pro League, it will always struggle
With the abundance of empty bush all over T&T, why can't local corporations invest in their clubs as they do elsewhere? Northampton Town, for example, built a new stadium on land leased from the council. Why can't the corporations lease some land to a club for a peppercorn rent and help to build a small stadium (maybe 4,000 seats?)
School games are usually right in the heart of the community, so its easy to get to them. If North East are lucky, they get to play in Larry Gomes, which is miles from Sangre Grande. It's not even convenient from Arima!
The stadiums should be for big games, with PTSC laying on buses from hub towns. Corporations need to "think out of the box" to bring football into the heart of the community. Then you will see good attendance.