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Re: [nas] Hong $



Is he only expected to play one year in MLS?  If not, you need to amortize 
the transfer fee over multiple years.

Are LA fan's only worth the price of admission?  (The team does not get 
parking, concession, souvenir money?)

Backslider


>From: Yaqui Sammer <yaqui_sammer@yahoo.com>
>To: nas@americakicks.com
>Subject: [nas] Hong $
>Date: Tue, 5 Nov 2002 13:03:38 -0800 (PST)
>
>http://www.soccernet.com/global/news/2002/1105/20021105hong.html
>
>Interesting financial data for Hong:
>
>Base: ~$259k
>Incentives: ~$224k
>Transfer Fee: ~$812k
>
>Total 1st year investment:
>~$1.3MM / $30 ticket = ~ 43,333 tickets
>
>which = 2888 extra fans per game to break even....
>
>How many showed up on Korean Night? 3000?
>Will they come back for 15 games?  Or with
>the new seating/pricing packages, will it
>just not matter?
>
>Hong might actually make sense.  There is no way
>the league recouped the $4MM Cuspidor investment.
>
>-3w
>
>
>
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