In 2025 do you think Geelong earn more from a 40k crowd at GMHBA or a 50-70k home MCG game? If the latter pays less then it's a financial handicap to host a game at the G, thus worse than break even relative to a standard home game.So Geelong must have the world’s worst stadium deal at the MCG that is wildly different to every other club…?? I don’t believe that’s possible with Brian Cook / Colin Carter at the helm - they couldn’t be that incompetent to have a deal where an 80,000 crowd is break even.
As below, in 2009, Brian Cook confirmed a crowd of 85,500 at the MCG against Collingwood in the 2007 season delivered the club a $771,000 profit - but you’re saying that an 80,000 crowd is now needed to break even??
The following is from Brian Cook's testimony to the 2009 Senate committee transcript for the Establishment of an AFL team in Tassie - so these would be 2008 figures:
"...at Skilled Stadium when you have a capacity of 25,000, we make a net profit in that game of $638,000 per game, which is $26 per head. If we have a crowd of 85,500 at the MCG, which we did have against Collingwood in 2007, we brought home $771,000, which was $9 a head. Importantly, Telstra, now Etihad Stadium, with a near capacity of 46,000, we brought home $293,000, which is $6 a head."
So that’s $9/head. I’d assume an 80,000 crowd would’ve delivered approx $720,000.
If an 80,000 crowd is needed to break even then Geelong needs to urgently replace their management, as every other team makes a killing with an 80,000 crowd and Geelong must be run by muppets.
I stand by my opinion that an 80,000 crowd to break even at the MCG is BS.
I’ll happily eat my words and apologise if appropriate evidence is tabled.
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