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To 412-Red's last 5 banter replies
412-Red's banter posts with other poster's replies to 412-Red's banter posts
14 Aug 2014 18:30:14
Looks like Tom Werner will be named the next commissioner of Major League Baseball. It could mean a change at the top for LFC.
29 Sep 2016 17:00:28
There’s a few factors that make raising prices to “fund†the expansion ridiculous. Firstly, as mentioned above, the increased capacity at current ticket prices will increase profits, both from a per seat perspective and from ancillary spending within the stadium (i. e. concessions, club shop, etc. ) Secondly, capital improvements such as this are capitalized and depreciated, thus lower the taxable revenue for the useful life of improvement. So there’s more revenue collected, but less taxes paid out. Finally, the capital improvement increases the overall value of club. So that increased value will be realized by FSG once the club is eventually sold.
{Ed002's Note - It will take many years to pay off the cost of improvements via additional ticket sales - many, many years.}