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Post by massiveridersfan on Mar 13, 2020 23:27:04 GMT
Wondering off the back of the news tonight that mass gatherings will be banned next weekend onwards what impact this may have on clubs in terms of viability. Surely all clubs assume an income from gate receipts, drinks sales, merchandise etc that may well dry up suddenly next weekend. That may well affect some clubs more than others but for all of the BBL that's very bad news, isn't it? The Premiership can rely on sponsorship and tv deals to cushion the financial cost if games are later played to empty stadia but there's no television rights money for basketball clubs. Players will want paying regardless and I doubt clubs have clauses/insurance to cover these eventualities, or do they?
Am I being to pessimistic? At least it's coming near to the end of the season rather than close to Xmas.
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Post by blueskies99 on Mar 13, 2020 23:50:39 GMT
Been thinking about this since lunchtime today and the only conclusion I can come up with is absolute carnage for the majority of BBL teams. As IRF said in another thread, the BBL could look very different next season if there is a next season at all.  |
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Post by interestedridersfan on Mar 14, 2020 1:18:24 GMT
The fact is the fans will still be there for each club (albeit we will sadly lose a few).
Something will emerge.
In normal circumstances if a season ended early - sponsors and fans might want some kind of refund or compensation
I don't think they will here. We are all in this together.
And players are definitely going to suffer
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Post by Deleted on Mar 14, 2020 6:03:41 GMT
Bristol should be fine, a large gathering to them is 35
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Post by gloryeagle on Mar 14, 2020 8:32:43 GMT
Obviously Eagles and Riders would both continue to have potential revenue streams. Presumably the other clubs rely solely on gate receipts and merchandise sales.
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Post by benji on Mar 14, 2020 10:39:09 GMT
I get that there will be some lost income and some difficulties to come for probably pretty much every company out there because of this. But I'm not going to be all doom and gloom about it. The way I see it, if one club were to lose thousands of pounds then they are at a significant disadvantage to the other clubs, and therefore end could end up going bust. However all the clubs are in the same position more or less, which means that next season they're all going to have to cut back to recoup those thousands lost, which probably means we'd see 2 Americans per team rather than 3 for example, a lowering of standards. I don't think that means they all go bust, just that everyone accepts that the whole world has had a bit of a setback and we start again just a bit further behind that we were.
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Post by interestedridersfan on Mar 14, 2020 11:51:27 GMT
Obviously Eagles and Riders would both continue to have potential revenue streams. Presumably the other clubs rely solely on gate receipts and merchandise sales. The opposite I would say They've got venues that will still have costs but lose all the income. So like the other clubs they lose income but unlike the other clubs theyve got more costs to cover without any income It's not just basketball that will stop at these venues It took Riders an awful long time and hard work and marketing etc to get the venue to pay for itself Now they will be back to where it's a burden on their income for months Will be as tough (if not far tougher) for Riders and Eagles than anywhere else The deciding factor on this will be how much resource and money each ownership group of a club has and is prepared to lose keeping their club afloat when their income dries up Most BBL clubs are relying to ticket money to repay weekly bills. New sponsorship money will stop as theres nothing to sponsor now and some of the companies who normally sponsor will have their own industry issues to face and won't be able to afford to sponsor even if they wanted to One of the hardest parts will be the businesses can't predict with much certainty how long this will last and when they can start earning income again. Plus we know that coronavirus will be seasonal. The best time to play indoor sport in the future may become the summer Everything will likely change so much |
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Post by interestedridersfan on Mar 14, 2020 11:55:53 GMT
I get that there will be some lost income and some difficulties to come for probably pretty much every company out there because of this. But I'm not going to be all doom and gloom about it. The way I see it, if one club were to lose thousands of pounds then they are at a significant disadvantage to the other clubs, and therefore end could end up going bust. However all the clubs are in the same position more or less, which means that next season they're all going to have to cut back to recoup those thousands lost, which probably means we'd see 2 Americans per team rather than 3 for example, a lowering of standards. I don't think that means they all go bust, just that everyone accepts that the whole world has had a bit of a setback and we start again just a bit further behind that we were. And/or clubs in the same locations etc perhaps with different names and perhaps different owners. And like you say likely with much lower budgets. Which is what I meant above when I said the fanbases will remain and something involving basketball will emerge worst case scenario I don't want to be doom and gloom either but don't underestimate how many tough decisions will be made in all sorts of businesses in the next few months |
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