Huge salaries are merely another part of the equation. Regarding my point, check out any Premier League stadium and you'll find a whole load of space being taken over by corporate hospitality suites. Companies pay big bucks for those. When there are events in neutral stadiums, the real fans are often very restricted as far as how many tickets are made available goes, the number of tickets available is often way less than the number of seats in the stadium. The balance apparently goes to corporate and sponsors, this group often gets more availability than the actual fans. Limiting the number of tickets also allows the prices to be pushed up.
Nah Falconcy, I don't buy this argument! Corporate seats give prestige but they are not the "bread and butter" that keeps venues operating - its the ordinary punter who goes to a game and then buys a few bears and something to eat on top of the ticket that keeps it turning over.
It's like high end fashion designers - they would starve if they relied on the haute couture part of their business. A lot of the wild stuff that comes down the runways is really to give them PR and prestige and they use this to move big volumes of the lower price-point but very
profitable items like perfume and accessories because that's where the REAL money is. Same with corporate boxes, sure they make money and they give prestige to the venue, but bums on seats are where the real profit comes from.
When you are paying the likes of David Beckham A MILLION $ US A WEEK
:shock: :shock: - where do you think all that money
comes from? The corporate suits that run the LA club taking a pay cut? Doubt it - they will just pump up their annual bonuses because they were soooo clever
to sign him. No, they will get the money from the ordinary punter because, gee, you have to pay lots to see someone so fantastic as David Beckham, and so the ticket prices go up.
Oh, and of course you'll want a nice little shirt with DB's team number on it, well can't have that for a reasonable price either, because after all it's a little "sacred link" to the almighty Beckham, so you can pay through the nose for that too.
The money has to come from somewhere Falconcy., and I see that more and more it is nickled and dimed from the ordinary bloke because corporate greed has gotten out of hand and the regulators can't or won't do anything about it.
And yes, I do realise that this is the price we pay for living in a free capitalist society, and frankly I wouldn't want any other alternative, but I think the "greed is good" mentality of the 80's is still very much with us.