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GT needed a change
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<blockquote data-quote="LibertyTurns" data-source="post: 637358" data-attributes="member: 789"><p>We got a quick surge out of the gate on season ticket sales, then crickets since about May. If I was the AD, I’d be holding onto my butt right about now. The real tale of the tape will be next year when we don’t have the mutt on the schedule. We have some additional ACCN revenue coming in this year ($3M) which is good for about 7500 seats annually, but we markedly increased expenses on top of our woes in order to change the culture. We’re currently projecting budget headwinds thru 2023 despite increasing revenue by nearly $18M per year. The Mercedes deal brings in $10M and that’s a big help getting out of the red. Ultimately I believe it will come down to butts in the seats because ticket prices will need to rise. We’re in an arms race now because that’s the plan. The upside is there, but make no mistake the downside could be extremely ugly. If this does not work out, GT sports could be significantly crippled for a very long time unless we got a sugar daddy waiting in the wings to bail us out.</p></blockquote><p></p>
[QUOTE="LibertyTurns, post: 637358, member: 789"] We got a quick surge out of the gate on season ticket sales, then crickets since about May. If I was the AD, I’d be holding onto my butt right about now. The real tale of the tape will be next year when we don’t have the mutt on the schedule. We have some additional ACCN revenue coming in this year ($3M) which is good for about 7500 seats annually, but we markedly increased expenses on top of our woes in order to change the culture. We’re currently projecting budget headwinds thru 2023 despite increasing revenue by nearly $18M per year. The Mercedes deal brings in $10M and that’s a big help getting out of the red. Ultimately I believe it will come down to butts in the seats because ticket prices will need to rise. We’re in an arms race now because that’s the plan. The upside is there, but make no mistake the downside could be extremely ugly. If this does not work out, GT sports could be significantly crippled for a very long time unless we got a sugar daddy waiting in the wings to bail us out. [/QUOTE]
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