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Winning catch. More of the same at Taunton, please!

 

T20 Finances
middleman (IP Logged)
10 October, 2017 11:59
Now that the rawness of the season’s disappointments slowly drift away I thought I might raise a question for discussion which has been on my mind.
Financially we reached a deal with the MCC where gives us an annual lump sum in return for all gate receipts etc going to the MCC. I think I recall a sum of around half a million.
This year on my reckoning the total attendance at the four T20 Blast matches was around 100,000. Excluding the non-paying MCC and Middlesex members I should think around 75,000 were paying resulting in a gate income well in excess of a million pounds and with the income from food and drink I would not be surprised if the proceeds were close to two million. Accepting the operation overheads that still leaves a very healthy profit. I would imagine well in excess of a million.
So my question is this. When we employ our additional overseas personnel for the T20 Blast who pays for them? Middlesex or the MCC. Or has the MCC lump sum factored that in. The employment of McCullum, Southy and Vettori this season must have been a considerable increase in expenditure on previous seasons but if the MCC didn’t offer anything extra who is really benefitting from that expenditure. Certainly not Middlesex financially other than placing a drain on Club finances and quite possibly placing a strain on the dressing room as players see disproportionate sums being paid to temporary overseas T20 players and coaches.

 
Re: T20 Finances
adelaide (IP Logged)
10 October, 2017 12:55
Don't the Lord's and Oval T20 matches sell out regardless of, well, almost anything? In which case MCC income would be unaffected by whether or not foreign stars are recruited so why would they be expected?

It surely has to be Middlesex, and Middlesex alone, who decide on such recruitment, with a view to getting through to the knockout stages, and Middlesex who fund it.

It would also be seen as unfair for just one county's recruitment to be (in effect) subsidised.


Adelaide

 
Re: T20 Finances
Lifer (IP Logged)
10 October, 2017 13:21
I think you will find that the season Adam Gilchrist played T20 for the Middle was at least partly funded by MCC.

There was a certain amount of unrest in MCC of which I am also a member.

 
Re: T20 Finances
10 October, 2017 20:11
Unrest in the MCC about Gilchrist's signing (and fee) , not in the least bit surprised by this but if the Master wishes for full houses and the servant doesn't have the financials to pay for a big star like him someone had to front up the cash for all those beer sales to be made.

If I were a member of any of he other 17 counties I would be looking at it thinking how the hell do they get away with that ?

Maybe next year we go without a "superstar" and see what the attendance figures are like then at Lord's.

In fact if we move the "Big 4" on we might earn a few quid as well. smiling smiley

 
Re: T20 Finances
Lifer (IP Logged)
10 October, 2017 21:27
I don't think anybody told the other counties!

 
Re: T20 Finances
middleman (IP Logged)
11 October, 2017 14:38
Interesting about Gilchrist. But presumably the MCC will insist on a big signing to bolster the interest in ticket sales. The adverts for last season certainly demonstrated that.

My real concern is that the extra money spent on short term T20 signings may limit our flexibilty in what we can offer other squad players. That can lead to such players feeling hard done by and ultimately that can affect performances. Would you go the extra mile if you felt that you are not being properly rewarded for your efforts whereas some players are earning as much for a a half a dozen matches than you are for the whole year? Loyalty can only stretch so far and the mind can soon find a reason for negativity in thought and performance.

Aside from the finances I was very concerned by the club allowing Vettori influence in the appointment of McCullum as a temporary T20 captain in place of Malan. Had McCullum being available for the complete tournament then that would have been fine considering his past captaincy of New Zealand. However the perception given by the appointmant was in my view the appointmant of a mate. That must have wrankled with some of the squad. It also gave the impression of weak management.

 
Re: T20 Finances
Fozzie (IP Logged)
11 October, 2017 18:52
I thought that MCC met half the cost of hiring McCullum this season, though I may be wrong.

It has struck me that whereas all Middlesex supporters were bitterly disappointed with this year's T20 campaign, from MCC's point of view it would probably only have been more successful had we managed to qualify for a home quarter-final, with the extra revenue that would generate.

 
Re: T20 Finances
Seaxe_Man (IP Logged)
13 October, 2017 15:24
Middleman you are indeed correct in part if not all, re T20 finance under the new lump sum agreement.

The attraction for MX was in the event of bad weather, the lump sum of 500grand plus 5% plus 5% was forthcoming. This overlooked a couple of points a) if the weather was fine and b) even if the weather was wet, a T20 is only reluctantly called off. In the meantime the booze is still being swallowed and is non refundable unlike the ticket. The booze take is in the region 250 grand per match.

So MCC bless them cannot lose either way.

As you say the 4 games were attended by 95 to 100000. So the Surrey game, 28000 gate money (less members), booze,hospitiality and the food village should comfortably have covered the MCC obligation to the MX lump sum with change.

So, as you state, the Essex, Hants, Sussex revenues go in the MCC skyrocket. The surplus should cover the cost of the resurrection of the Middlesex Room should that ever happen. Previously funded by the late Ron Gerard out of his own pocket.

Where the T20 gate was left open, was in not negotiating a booze % or a bonus when a certain level of ticket sales occur to add to the lump sum.

Turning to the part payment yarn of 2011. This was from an article written by the former Telegraph writer D.R. Pringle and has the hallmarks of being written in the Tavern Bar.

After referring to 'sugar daddies' for some, he then waffled on the Gilchrist part payment yarn. He was curiously a bit short of detail. Was there a contract that he had seen? How much was the part payment? 'Higher or lower than 50%?

The conspiracy theorists reckon a ' creative accounting' mode was used. This would still be of interest to HM Revenue I would imagine.

The accounts of that period show no such reference to the relief of the auditors of both clubs I imagine.

What it does prove is that when 'the s**t hits the fan it sticks' six years down the road.

And another thing. Since the lump sum deal came in whereby MCC retain all of the gate money and revenues.

We now have a bar code which has to be read for entrance ensuring no money slips by. I am on MCC's side on that. But indicates that they collect money not give it away.

The days of yore in MX times when a bus pass could be waved at the North Gate are gone.



Edited 2 time(s). Last edit at 13/10/2017 15:33 by Seaxe_Man.

 
Re: T20 Finances
middleman (IP Logged)
13 October, 2017 17:42
Thanks for your interesting as always response Seaxe.

Goodness knows what will be the position when the new T20 competition comes in.

What then happens to the lump sum?

I can't see the same interest in the Middlesex T20 games in comparision to North London games where all the "stars" will be playing presumably at home at Lords.

Most of the Middlesex games will be banished to outgrounds.

 
Re: T20 Finances
Lifer (IP Logged)
14 October, 2017 10:35
Quote:
middleman
Thanks for your interesting as always response Seaxe.
Goodness knows what will be the position when the new T20 competition comes in.

What then happens to the lump sum?

I can't see the same interest in the Middlesex T20 games in comparision to North London games where all the "stars" will be playing presumably at home at Lords.

Most of the Middlesex games will be banished to outgrounds.

But at least if we are banished to outgrounds the entrance fees and at least part of the catering revenue will go to us!

 
Re: T20 Finances
Seaxe_Man (IP Logged)
15 October, 2017 14:22
Quote:
middleman
Thanks for your interesting as always response Seaxe.
Goodness knows what will be the position when the new T20 competition comes in.

What then happens to the lump sum?

I can't see the same interest in the Middlesex T20 games in comparision to North London games where all the "stars" will be playing presumably at home at Lords.

Most of the Middlesex games will be banished to outgrounds.

Middleman thanks for your interest. The lump sum scenario. I will endeavour to recall what was said at the AGM and summer forum.

First. There will still remain a county T20 to be played early season. As we have passed over the marketing and gate money at Lords to MCC, still in their interests to continue that to meet the lump sum obligation.

Second. There is a break clause available to both sides in 2019. Likely to invoked with Graves Big Bash the following year kicking off with at least discussion.

Third. The Treasurer spelt out the Big Bash affect on MX. Lords Cricket Ground will be required for the North London Franchise for a period roughly coinciding with the school holidays.

So six/seven weeks.

Fourth. Each county (the bribe) is to receive 1.3million each for this period. the ground hosts (MCC) to get a staging fee of 300grand. They, MCC, as now, will keep all of the booze, hospitality etc. So that looks to be four nice little earners on a Thursday night.

Fifth. 120 players are required. 96 domestic including England, plus 24 o/s to give 15 per franchise. This to be sorted by auction on TV, England players on a separate day. So North London, nominally Essex/ Middlesex could be made up of anybody from anywhere.

The remaining three hundred players not required will be playing 50 over cricket at outgrounds.

As Lifer remarked we retain some revenue earning capacity at those venues.

We pay a match fee. As at Lords booze etc remains with the host club to assist with running the venue throughout the year.

We take, the gate money and car park dosh and I assume the seating revenue from the hospitality less paying the host venue for the food..odds and ends such as scorecards also we retain..

I would hope that the new business manager can acquire advertising and sponsorship for these venues to boost our revenue come the day.

Also a chance to interest and acquire new members.

The lump sum arrangement could alter come 2019 as we will not be providing as much cricket from 2020 onwards at HQ.

The Treasurer spelt out that the £1.3 million could be dwarfed by membership and sponsor cancellations. So tricky for MX to put it mildly.

The gate money and shirt sales are to be ring fenced by the ECB (8 venues) and shared equally with the 18 counties at year's end.

Graves has forecast a 15 million loss in year one, to be absorbed by ECB. TV deal should cover that.

Hope I have'nt missed anything out that was said by top table.

 
Re: T20 Finances
Seaxe_Man (IP Logged)
20 October, 2017 12:38
Quote:
adelaide
Don't the Lord's and Oval T20 matches sell out regardless of, well, almost anything? In which case MCC income would be unaffected by whether or not foreign stars are recruited so why would they be expected?
It surely has to be Middlesex, and Middlesex alone, who decide on such recruitment, with a view to getting through to the knockout stages, and Middlesex who fund it.

It would also be seen as unfair for just one county's recruitment to be (in effect) subsidised.


Adelaide

We agree on this Adelaide. In 2004 we played our first T20 at Lords versus Surrey. There was a crowd of 27509 (MCC figures).

Entrance was a tenner. There were no expensive fancy dans brought in on under the table part payments or otherwise.

Underlining your point Adelaide.


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