Been reading through the thread and have to thank Alan and Peter for somewhat enhancing my knowledge on the topic in hand.
Somewhat of a speculative question here but reading on corporate boxes would it not be fair to say that the success in revenue generated from them would be dependant on not just the club progression but the Cities in general (as I'm taking into account what Peter was saying about London)?
There has been continued criticism of those who advocate 'getting real' here (and elsewhere). Of the multitude to pick from, H&G's biggest and most cardinal sin was taking flights of fantasy. Pumping up expectation beyond any kind of rational thinking. Some (who are no longer with us here) accused certain people of made-up economics and numerical illiteracy to suit an agenda. You could say that H&G themselves were only interested in just one thing - the increase in
paper value for the club from a stadium to reap massive money on the turn or as it turned out, save their backsides in a fire sale.
The facts and the numbers and differential construction costs are as explained many times over (much to some people's annoyance but only in response to a renewed question) and are as Alan has put forward in very useful and greater detail
As has also been pointed out, the real value of property is down to what it earns, not what it cost. H&G were rumbled. But how bitterly they complained that they didn't get 'their' value of 'their' stadium. To put it bluntly - look lads, draw it as big and as flash as you can. We're not going to build it but we'll find some sucker to buy it. Well, no one bought it - least of FSG.
FSG have taken realism as their mantra.
To get to your question, FSG themselves pointed out that this isn't London. That's not to sleight Liverpool or say it's a hick town (another dumb-ass critique). It is to get real. We don't have the corporate market. We don't have City hospitality budgets on our doorstep. We don't have luxury apartments to sell or the location to sell them in. We ie., us, the fans, don't have the average spending power of the South East and yes just accept it - it is a fact, even that of Manchester.
Old Trafford gets Ł1430 per head a season from each seat. Arsenal get Ł1658. We get Ł940 (a penny for that!) - just more than
half the Emirates. A standard season ticket can be Ł2,500 at the Emirates (another penny). Luckily for us, they spent Ł360m on a stadium. Listening to the radio tonight, I heard yet more complaints from Gooners - 'now that we don't have so much money'. Everyone can read what they think of their stadium on their website - it's not pretty.
So what do we do? Ape an Emirates model that as fans we wouldn't like, couldn't afford to go to in the numbers needed to fill it, pay for it and produce a surplus for the team (more pennies). Or get smart, recognise what we've got to deal with, spend less and realise as much gain for the club. It is not about what you spend, it is about what you get after you've spent it.
The only way to crack this problem is to reduce costs. For a given, attainable and realistic income, it's about cost, cost and cost. Completely and utterly as a financial aside, the answer comes with keeping our home and keeping a huge slice of what makes us, us.