Bournemouth are looking to buy back their stadium with a view for redevelopment. The current capacity is 11.7k & they want to expand that to 20k with a further potential add on of 3k, it’s peanuts in the big scheme & just gets me thinking about how they are achieving to fall within PSR now and especially in the future, can anyone advise where they sit within the rules currently & where they receive their revenue from?
I know the easy answer is having a decent board and recruiting system but they are a premier league team with premier league overheads which only get more expensive with every season they are in.
The stadium is a large part of the revenue stream for most clubs, Leicester with 32k capacity still only make around 15m per season from it & it has the ability to be used for other footballing & non football events, how much can Bournemouth get from its current 11k capacity and even the proposed 23k, also is it used for any other event?
Man U & Spurs for example receive over 100m per season in returns on their stadiums, Everton will now also be generating a huge income from theirs, I get they also need to pay for these stadiums but at some point profit will out-way overheads/upkeep.
As I say it’s great having a decent board and to be careful about transfers and salaries but once an established premier league team as they are now there is no way of kerbing those costs, to stay you inevitably pay, so it just amazes me how they are funding this.