Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Arsenal board clarifies ticket price rises

Wed 4th May 2011 | Money & Finance

Arsenal chief executive, Ivan Gazidis responded to the questions posed by Arsenal Supporters Trust (AST) to clarify the clubs position on the recent ticket price rises introduced for next season.

Ticket prices are set to rise by 6.5% with Gazidis citing the current rate of inflation and the Government’s 2.5% rise in VAT as the main factors for the increase.

However, the Arsenal Supporters Trust feel the rise will price loyal fans out of the Emirates Stadium.

Gazidis has pledged to "undertake an entire review of the approach to ticketing", accepting the increase was a difficult call to make.

The AST, whose collective interest of minority shareholders own approximately 12% of the club, first raised the issue in February and last week wrote to the Arsenal board calling for the proposals to be put on hold.

A statement from AST, released through Press Association Sport, read: "The AST is very disappointed at this increase.

"The Arsenal board are clearly out of touch with today's economic climate and have taken a decision which will price loyal supporters out of the Emirates.

"The AST does welcome Ivan Gazidis' acknowledgement to us that prices are too high, and that he will work with us over the next year on a thorough review of all ticketing strategies and prices at Emirates Stadium."

Responding in a letter to AST, Gazidis wrote; “The Board and I understand your concerns.”

“As you know, the club has never approached ticket pricing decisions by reference only to supply and demand economics, but has always taken into account a wide range of factors, with the effect on our loyal fans very important in our thinking.

“This is why, despite the long waiting lists and rising operational and player costs, and in contrast to other clubs, we have held ticket prices absolutely flat, with no adjustments even for inflation, in all but one of the last five seasons since we moved to our new stadium.

“Those decisions mean that our ticket pricing has in fact decreased significantly in real terms since we moved to our new home.”






If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Mats Hummels Joins Juan Mata For Common Goal

Thu 17th Aug 2017 | Money & Finance

Bayern Munich and Manchester United stars unite behind Common Goal #CommonGoal World Cup winner and Bayern Munich player Mats Hummels has become the second footballer to join Common Goal , pledging 1%...

Aldershot Town Gets Financial Support From Council

Tue 15th Aug 2017 | Money & Finance

Aldershot Town Football Club has confirmed that Rushmoor Borough Council has agreed to a package of financial support for the club, including rent and rates relief, until 2021. Following on-field...

Chinese debts emphasize need for local players’ association

Thu 27th Jul 2017 | Money & Finance

FIFPro is ready to offer assistance to professional footballers in China and other parts of the world where local player associations do not yet exist. Media reports this week revealed several Chinese...

SPFL: No fresh tax scheme sanctions against Rangers

Wed 26th Jul 2017 | Money & Finance

The SPFL Board today announced, following legal advice from eminent Senior Counsel, Gerry Moynihan Q.C., that there will be no further disciplinary proceedings taken by the SPFL connected with the use...