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New Main Stand
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 Willo  South coast - west of Brighton. 07 May 23 1.06pm |
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I believe that thus far the Riverside Stand project at Fulham has cost £120 Mill and this could rise with inflation.My understanding is that it will be fully functional from next season.
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PalazioVecchio  south pole 07 May 23 9.27pm |
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Originally posted by Willo
the Riverside Stand project at Fulham has cost £120 Mill and this could rise with inflation. or it could rise with the tide ? Palace will be getting a stadium worthy of the Twentieth Century, any decade now.
Kayla did Anfield & Old Trafford |
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| YT Oxford 07 May 23 10.23pm |
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Originally posted by highbury eagle
Unfortunately one of the ways that will be considered to increase revenue will be a general increase in ticket prices. Fulham fans are probably less excited about their new stand with the knowledge that season ticket prices have gone up by 18% in the rest of the stadium. Progress comes at a price, and we will be the ones funding it. In a market, an increase in supply (more seats) leads to a fall in price (all other things being equal) not an increase. If you are correct that a new stand will lead to all Selhurst Park ticket prices increasing, that must mean that those tickets are currently underpriced.
Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes) |
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| sydtheeagle England 07 May 23 11.22pm |
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Originally posted by YT
In a market, an increase in supply (more seats) leads to a fall in price (all other things being equal) not an increase. If you are correct that a new stand will lead to all Selhurst Park ticket prices increasing, that must mean that those tickets are currently underpriced. Your economics are correct, but you're wrong because you ignore the detail. The new stand will increase the average seat price because a larger percentage of the expanded capacity will be highly-priced executive and box seats, likely to cost three figures and above each. So even if "regular" seat pricing remains the same, the average will go up, possibly significantly. Saying "seat prices will increase" is not the same thing as saying "the price of every seat will increase".
Sydenham by birth. Selhurst by the Grace of God. |
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| Willo South coast - west of Brighton. 07 May 23 11.30pm |
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Originally posted by sydtheeagle
Your economics are correct, but you're wrong because you ignore the detail. The new stand will increase the average seat price because a larger percentage of the expanded capacity will be highly-priced executive and box seats, likely to cost three figures and above each. So even if "regular" seat pricing remains the same, the average will go up, possibly significantly. Saying "seat prices will increase" is not the same thing as saying "the price of every seat will increase". The Riverside Stand season ticket pricing for next season - From £1250 to £3,000 but there are concessions for those aged 65+ and for juniors. Fulham have announced an 18 % ticket price rise on adult season ticket renewals for next season. Edited by Willo (07 May 2023 11.36pm)
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| YT Oxford 08 May 23 7.15am |
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Originally posted by sydtheeagle
Your economics are correct, but you're wrong because you ignore the detail. The new stand will increase the average seat price because a larger percentage of the expanded capacity will be highly-priced executive and box seats, likely to cost three figures and above each. So even if "regular" seat pricing remains the same, the average will go up, possibly significantly. Saying "seat prices will increase" is not the same thing as saying "the price of every seat will increase". I'm sorry but I was responding to the assertion that there "will be a general increase in ticket prices". It couldn't be clearer what the poster meant by that.
Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes) |
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| orpingtoneagle Orpington 08 May 23 8.44am |
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Originally posted by YT
In a market, an increase in supply (more seats) leads to a fall in price (all other things being equal) not an increase. If you are correct that a new stand will lead to all Selhurst Park ticket prices increasing, that must mean that those tickets are currently underpriced. But all things are not equal as the new stand does not some at a cost base equivalent to existing seats. It has to be bought and paid for with the additional costs of offices and new facilities. It's a bit like when they refurbished a local pub. Cost a fortune, looked pretty much the same but upper the prices (with a £6.30 pint in an Orpington pub!)
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| YT Oxford 08 May 23 9.20am |
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Originally posted by orpingtoneagle
But all things are not equal as the new stand does not some at a cost base equivalent to existing seats. It has to be bought and paid for with the additional costs of offices and new facilities. It's a bit like when they refurbished a local pub. Cost a fortune, looked pretty much the same but upper the prices (with a £6.30 pint in an Orpington pub!) I'm not sure what your point is. Are you agreeing that ALL ticket prices inevitably WILL go up when the extra seats become available - as the guy asserted? I don't think your pub analogy is quite the right one. If my pub took the piss in that way, I would go to another pub or get my alcohol elsewhere than a pub. That is how supply and demand works; as the price for goods and services goes up, the no of people prepared to pay that price diminishes. The pub then has to decide whether it can exist on fewer customers or whether it needs to review and reduce what it charges. If a football club drastically increases its prices, by the same logic demand will fall.
Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes) |
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| Dubai Eagle 08 May 23 10.08am |
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People will pay what they can for seats in a PL stadium - supply & demand, local market forces etc - I notice a couple of posters have reference the Fulham price increases on their new Riverside stand & smaller increases in other parts of the stadium - Whilst inevitably some of those increases are to offset the construction costs my guess would be that the Fulham owners are thinking that, they are in a fashionable part of West London, with plenty of money in that area - certainly more affluent than in SE25 - & they have some thoughts on what the competitors charge / availability of seats at say Chelsea (CFC - Season ticket pricing & waiting lists) If you live up in Fulham & you want to watch high level football your choices are pretty much, Fulham, Chelsea or QPR. If you had kids (next gen football supporters) & the prospect of getting a Chelsea season ticket was so daunting maybe Fulham isnt such a poor choice -
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| YT Oxford 08 May 23 10.34am |
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Originally posted by Dubai Eagle
People will pay what they can for seats in a PL stadium - supply & demand, local market forces etc - I notice a couple of posters have reference the Fulham price increases on their new Riverside stand & smaller increases in other parts of the stadium - Whilst inevitably some of those increases are to offset the construction costs my guess would be that the Fulham owners are thinking that, they are in a fashionable part of West London, with plenty of money in that area - certainly more affluent than in SE25 - & they have some thoughts on what the competitors charge / availability of seats at say Chelsea (CFC - Season ticket pricing & waiting lists) If you live up in Fulham & you want to watch high level football your choices are pretty much, Fulham, Chelsea or QPR. If you had kids (next gen football supporters) & the prospect of getting a Chelsea season ticket was so daunting maybe Fulham isnt such a poor choice - There's also the simple fact that Fulham are now prospectively a "better club" than before. Rather than fighting relegation, they are more likely to be challenging for Europe. The offering has therefore become more "premium" therefore the club anticipated that it can charge more for it.
Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes) |
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| Pete53 Hassocks 08 May 23 11.08am |
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At least with the delays in starting work on a new stand the current Main Stand will be around next year for us to celebrate its 100th birthday. And to think, it was only 40 years old when I first sat in it.
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| m/k mick milton keynes 08 May 23 12.09pm |
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Reading these comments about prices for new stand, just had a look, it’s not there, some on here are suffering from premature ,,,,,,,,,
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