CARLE08 Posted April 21, 2013 Report Share Posted April 21, 2013 does the club ever offer for season ticket holders to pay in installments if nothey should!!! Link to comment Share on other sites More sharing options...
Gazinpeace Posted April 21, 2013 Report Share Posted April 21, 2013 Must do surely. Even us evil gas do that Link to comment Share on other sites More sharing options...
Barrs Court Red Posted April 21, 2013 Report Share Posted April 21, 2013 They do Link to comment Share on other sites More sharing options...
BS15_RED Posted April 21, 2013 Report Share Posted April 21, 2013 does the club ever offer for season ticket holders to pay in installments if nothey should!!! They do, me and my mate both paid ours on an interest free 10 monthly instalment plan this year, although there was a £30 administration fee to pay. Link to comment Share on other sites More sharing options...
Aizoon Posted April 21, 2013 Report Share Posted April 21, 2013 They do, me and my mate both paid ours on an interest free 10 monthly instalment plan this year, although there was a £30 administration fee to pay. Interest free but a £30 administration fee. Hmm Link to comment Share on other sites More sharing options...
WTFiGO!?! Posted April 21, 2013 Report Share Posted April 21, 2013 Interest free but a £30 administration fee. Hmm Think I read somewhere that the club would need to charge £60-70 per person per game to break even via match day admission alone, and that's if we sold out. I'm sure we have better-knowledged posters to correct me but I'm also sure you'll agree that as soon as the issue of player wages is addressed the better. Give me my City back !!! Link to comment Share on other sites More sharing options...
BS15_RED Posted April 21, 2013 Report Share Posted April 21, 2013 Interest free but a £30 administration fee. Hmm I know, it worked out at approximately seven and a half percent interest! Still better for me than paying it all up front. Link to comment Share on other sites More sharing options...
timothy bird Posted April 21, 2013 Report Share Posted April 21, 2013 I paid £27.90 a month for 10 months. Adult ee.its more expensive than paying for the ticket outright. Bit a hell of a lot cheaper than potd Link to comment Share on other sites More sharing options...
You Do The Dziekanowski Posted April 21, 2013 Report Share Posted April 21, 2013 I paid £27.90 a month for 10 months. Adult ee.its more expensive than paying for the ticket outright. Bit a hell of a lot cheaper than potd But how many home games do you see in a month? Link to comment Share on other sites More sharing options...
Guest Posted April 21, 2013 Report Share Posted April 21, 2013 does the club ever offer for season ticket holders to pay in installments if nothey should!!! Technically I suppose no, the club do not. A third party credit agency do though and the club advertise it. The club still gets paid upfront. Barclays did a cracking deal on a credit card for season tickets, not sure if that is still running? Link to comment Share on other sites More sharing options...
timothy bird Posted April 21, 2013 Report Share Posted April 21, 2013 Depends on how many home games they play in a month dosnt it! But it worked out at just over £12 a match for me. Even in a season like were having. I think that's good value for money. Link to comment Share on other sites More sharing options...
WolfOfWestStreet Posted April 21, 2013 Report Share Posted April 21, 2013 Paid mine in instalments. Buying two season tickets, even for the EE is a bit of a whack. Link to comment Share on other sites More sharing options...
The Humble Realist Posted April 21, 2013 Report Share Posted April 21, 2013 30quid admin fee? For what ? I pay mine upfront but there's no reason for club not to accept the ten monthly installments with no fee, if you defaulted they could just block your season ticket card n pursue u in the usual way for the remaining money Link to comment Share on other sites More sharing options...
timothy bird Posted April 21, 2013 Report Share Posted April 21, 2013 Its not run by the club. Its run by a finance company. They give the club the money up front then get it back from the customer through monthly direct devit payments. The £30 is their profit! Link to comment Share on other sites More sharing options...
timothy bird Posted April 21, 2013 Report Share Posted April 21, 2013 The club wouldn't be interested in running a instalment plan themselves because their not remotely interested in helping supporters. What they are interested in is getting the money up front in the summer. So this way. The club gets the money up front. People like me who can't afford to pay up front get to spread the payments. + the finance company make a profit. So everybodys happy ( ish) Link to comment Share on other sites More sharing options...
WTFiGO!?! Posted April 21, 2013 Report Share Posted April 21, 2013 The club wouldn't be interested in running a instalment plan themselves because their not remotely interested in helping supporters. What they are interested in is getting the money up front in the summer. So this way. The club gets the money up front. People like me who can't afford to pay up front get to spread the payments. + the finance company make a profit. So everybodys happy ( ish)just as well you're so devoted, then? Link to comment Share on other sites More sharing options...
RobArnold10 Posted April 21, 2013 Report Share Posted April 21, 2013 just as well you're so devoted, then? The club cant afford to not have the cash up front, its simple cashflow principles. This is the best compromise available and an extra three quid a month is hardly material to the payee. Im just thankful that in these times the club offer an installment deal so I can still get a season ticket. Link to comment Share on other sites More sharing options...
WTFiGO!?! Posted April 22, 2013 Report Share Posted April 22, 2013 The club cant afford to not have the cash up front, its simple cashflow principles. This is the best compromise available and an extra three quid a month is hardly material to the payee. Im just thankful that in these times the club offer an installment deal so I can still get a season ticket.It's amazing that the club are spending 160% of turnover on players' wages, hence covering 60% via loan and debt, yet still allow a third party to profit off City fans whilst also leaving City fans 'just thankful' they can afford to attend. The income generated by S/Ts and POTD is surely a small percentage of the total, yet it's still squeezed. Hard times, indeed. Link to comment Share on other sites More sharing options...
Son of Fred Posted April 22, 2013 Report Share Posted April 22, 2013 Its not run by the club. Its run by a finance company. They give the club the money up front then get it back from the customer through monthly direct devit payments. The £30 is their profit! surely it could not be too difficult for the club to deal with this in-house?..bound to be someone at the club could sort this easily without having to employ anyone else or go outside?..i understand the up-front aspect but maybe with one or two of the stupidly overpaid moved off the bill the club will be able to help the fans.dont know how much/if other clubs charge for instalments?? Link to comment Share on other sites More sharing options...
timothy bird Posted April 22, 2013 Report Share Posted April 22, 2013 But why would the club want to bring it in house?as it stands they get the money up front and have to do nothing as all the administration is done by the finance company. If the club brought it in house they'd miss out on the money that is currently paid up front by the finance company. City don't want the money in ribs + drabs over a season.they want it in the summer when theirs no other income Link to comment Share on other sites More sharing options...
timothy bird Posted April 22, 2013 Report Share Posted April 22, 2013 Also I doubt very much if any other club run the instalment system themselves. I bet its all done by finance companies. Ask yourself what's in it for the club to run it themselves? Link to comment Share on other sites More sharing options...
RobArnold10 Posted April 22, 2013 Report Share Posted April 22, 2013 It's amazing that the club are spending 160% of turnover on players' wages, hence covering 60% via loan and debt, yet still allow a third party to profit off City fans whilst also leaving City fans 'just thankful' they can afford to attend. The income generated by S/Ts and POTD is surely a small percentage of the total, yet it's still squeezed. Hard times, indeed. Sorry, but thats just the way the world works nowadays, like it or lump it! Link to comment Share on other sites More sharing options...
Bristol Rob Posted April 22, 2013 Report Share Posted April 22, 2013 The club wouldn't be interested in running a instalment plan themselves because their not remotely interested in helping supporters. What they are interested in is getting the money up front in the summer. So this way. The club gets the money up front. People like me who can't afford to pay up front get to spread the payments. + the finance company make a profit. So everybodys happy ( ish) Of course, the other school of thought here is the club wanting to hedge their bets. Rather than exposing themselves to the risk that some people will sign up to pay in installments and then default, they sensibly use a third party to manage this process whilst having their money guaranteed. What advantage would their be in the club running this scheme? Exposed to more financial risk and a shed load of additional administration. Link to comment Share on other sites More sharing options...
Son of Fred Posted April 22, 2013 Report Share Posted April 22, 2013 But why would the club want to bring it in house?as it stands they get the money up front and have to do nothing as all the administration is done by the finance company. If the club brought it in house they'd miss out on the money that is currently paid up front by the finance company. City don't want the money in ribs + drabs over a season.they want it in the summer when theirs no other income..no advantage to the club,just the fan-may have my head in the clouds with this one.i know it goes both ways,club without the fans,fans without their club but if an individual were to default just cancel the whole arrangement.. Link to comment Share on other sites More sharing options...
BS15_RED Posted April 22, 2013 Report Share Posted April 22, 2013 Of course, the other school of thought here is the club wanting to hedge their bets. Rather than exposing themselves to the risk that some people will sign up to pay in installments and then default, they sensibly use a third party to manage this process whilst having their money guaranteed. What advantage would their be in the club running this scheme? Exposed to more financial risk and a shed load of additional administration. With season tickets now being electronic, surely if anyone did default on their repayments, then the club would just cancel the season ticket, thus denying the holder entry? Link to comment Share on other sites More sharing options...
Monkeh Posted April 22, 2013 Report Share Posted April 22, 2013 With season tickets now being electronic, surely if anyone did default on their repayments, then the club would just cancel the season ticket, thus denying the holder entry? They so that now, Anyway the club is not a bank it can't do it themselfs I'm sure it's against the law hence the 3rd party Some one with a bit of finance I love you may be able to answer it Link to comment Share on other sites More sharing options...
WolfOfWestStreet Posted April 22, 2013 Report Share Posted April 22, 2013 They so that now, Anyway the club is not a bank it can't do it themselfs I'm sure it's against the law hence the 3rd party Some one with a bit of finance I love you may be able to answer it It's essentially a loan so I guess you'd have to be regulated by the FSA which I'm assuming, the football club is not. Its like care insurance, pay up front its cheaper. Pay monthly it's more. Link to comment Share on other sites More sharing options...
Aizoon Posted April 22, 2013 Report Share Posted April 22, 2013 They so that now, Anyway the club is not a bank it can't do it themselfs I'm sure it's against the law hence the 3rd party Some one with a bit of finance I love you may be able to answer it Other than Steve Lansdown that would be? Link to comment Share on other sites More sharing options...
Dolmanator Posted April 22, 2013 Report Share Posted April 22, 2013 you have to be registered to offer a credit facility even if you charge no interest. Link to comment Share on other sites More sharing options...
Rocky Posted April 22, 2013 Report Share Posted April 22, 2013 Zebra finance run the scheme, used them for the last 3 seasons with no issues. Yes there was a fee up front but was small and monthly instalments makes life a tad easier, you can pay off early as well. Link to comment Share on other sites More sharing options...
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