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Eating away over the winter

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Re: New online store
Posted by: Seaxe_man1
Date: 27/11/2019 14:10
Correct Kev. Though it was actually given away as a cost saver as part of the 200 grand lump sum deal which has been extended by one year.

Presumably while the Spaniards weigh up the 99+1 profit base in 2020.

Too much was conceded under this deal for too little in return. (Beefy/hdo) The 2015 lump sum being 500 grand with 5% increments since. (MX provide 28/30 days cricket)

Plus during this period, T20 gates have risen (sellouts) since that deal was struck. Surrey/Essex 40 quid on the gate, the others 35 quid.

Less outground matches equals less sales revenue for MX. They have to my knowledge made for MX a net revenue profit after costs were taken out from these games.

In 2015 there were 3 T20' s, now 5 at Lords, This provides MCC with a further seven figure revenue generation x 2 from which we get zilch, as nothing was built into the agreement for that eventuality.

A further oversight, was failing to negotiate a share of drink profits. Well justified I think.

Certainly these failures have contributed to the £ 900,000 grand losses of 2017/18. Not something MX can continue to do. Just plain commonsense.

The shop closure reduced the MX presence bigtime. My information is: that outground shop sales, if there is such a shop. Sales revenues go in the MX bucket.

Elsewhere into the MCC bucket. The online shop sales revenue destination is a question (at the AGM ) for the finance director to indicate who gets the revenues percentage wise.

Taken allround to paraphrase the Dawid Malan quote. ' financially we are just plodding along'.

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