Construction Report

[Beaver]

lvl 32 equipment is 200K

 

[jf-08]

Pariah,

Get the Loan.

Team: I am going to expand the stadium seats. After that, I am going to dump a boatload of money into the team EQ fund.

 

[jf-08]

FWIW: We are going to spend $4.4 million before the season starts to fully get the seats expanded to full capacity. We have a bit over $1.0 M now, I already spent $800 K, plus the $1.5 M loan equals $3.3 M. So we only need $1.1 M from season ticket sales to fully expand.

Then during the season, we are going to spend $9 M to construct the upper deck for next offseason.

Last season, we spent $20,175,000 in stadium construction (new sections built during this offseason) and expansion (fully building out seats in new sections built last offseason).

So we are in great financial shape so if anyone needs to redo their equipment, let me, jughead or pariah know and we certainly can work with you guys.

 

[Djaughe]

...So we are in great financial shape so if anyone needs to redo their equipment, let me, jughead or pariah know and we certainly can work with you guys.

Joelf - FYI

I'm figuring we'll need about $12 - 16 mil for team equipment upgrades.

For the lvl 32's...we're looking at $800k for the package.

 

[jf-08]

Hmmm. We can probably help out a bit on LVL 32, but I know there are still several players working on their LVL 24 EQ (my guys included). I definitely want everyone to fully get LVL 24 EQ this year and redo EQ if needed.

 

[Djaughe]

Hmmm. We can probably help out a bit on LVL 32, but I know there are still several players working on their LVL 24 EQ (my guys included). I definitely want everyone to fully get LVL 24 EQ this year and redo EQ if needed.

My estimate covered them as well.

Joelf - This is a nice and simple spreadsheet that should project how much money we can generate this season.

- Financial Spreadsheet (Excel): http://snipr.com/financial-xls

 

[Djaughe]

Joelf:

Nice info on ticket pricing.
http://www.glbwiki.com/index.php?title=Ticket_Pricing

 

[Pariah]

Get the Loan.

Gotten.

 

[jf-08]

Ugh.

I missed this:


Build ($10,000): 0/950 +

-

Club Seats: 0 Build ($25,000): 0/530 +

-

Suite Seats: 0 Build ($50,000): 0/250=

Total = 950,000 + 1,325,000 + 1,250,000

= $3,525,000 for the 200 Level Visitor Sideline (222-231) that I didn't take into account.

 

[Pariah]

You must be registered for see images

 

[jf-08]

Financial Synopsis for this upcoming year:

Projected Concessions: $8,800,000
Projected ticket sales $25,367,520

Total Projected Revenues:$34,167,520


Salary: $4,500,000
Trades: $200,000
Bonus: $50,000
Expansion: $5,425,000
Construction: $9,000,000

Total Costs: $19,175,000


Remaining Budget:
$14,992,520

We will put most of this into the EQ fund when available.

 

[jf-08]

Pariah,

Please pay back the loan.

Thanks.

 

[jf-08]

Okay guys, we are all expanded out for this season.

I will dump $9 M during the season to build the 300 level section and then next season our stadium will be completed!

 

[jf-08]

Pariah,

Also dump $3 M into the EQ fund and boost everyone's limit to $100,000.

Thanks!

 

[Djaughe]

Pariah,

Also dump $3 M into the EQ fund and boost everyone's limit to $100,000.

Thanks!

Pariah...please make sure the equipment fund is the first draw and not the players bank account.

 

[jf-08]

YEah that.

 

[Pariah]

It won't let me add more than half the team's funds in it, so I dropped in 2.75M.

Working on the limits and 1st draws now.

 

[Pariah]

Okay, we have 39 players on the roster. So to make it work so that everyone has the same dough to start with I set limits to $70K.

I think once some money is spent we could add more.

 

[jf-08]

Cool.

Thanks!

 

[jf-08]

Pariah, pay back the loan when you can.

Thanks.

 

[jf-08]

Okay, Czars, I threw some more money into the equipment account.

Everyone has a limit now of $100,000 to build up your equipment.

Next season, I will have enough jack for everyone to get some of their LVL 32 EQ.