Using the £25 as an example and by reducing that ticket by £1 and the vat rate by 2.5% only actually gives a vat free difference of 23p, albeit a 23p loss to the lufc coffers. If you look at it from Cat A game in the East or West Stand LUFC are only making a 5p reduction on the vat free price of the ticket.

Not such a big gesture in real terms. It won't take many increased tickets sale to make up for this deficit. What might seem like a 'noble' gesture appears to be a calculated marketing ploy when you scratch the surface.

--------------------------------------------------
From: <[EMAIL PROTECTED]>
Sent: Thursday, November 27, 2008 2:08 PM
To: "Chris Briggs" <[EMAIL PROTECTED]>; <[EMAIL PROTECTED]>; <[EMAIL PROTECTED]>; "list leedslist" <[email protected]>
Subject: Re: [LU] profit

You can praise the club.

A 2.5 drop in vat percentage points is a 2.1 percent drop in overall price.

Not sure what price tickets the 1 pound drop applies to, but if it was for a 25 pound ticket then that represents a 4 percent drop.

Andy C


Sent from my BlackBerry® wireless device

-----Original Message-----
From: "Chris Briggs" <[EMAIL PROTECTED]>

Date: Thu, 27 Nov 2008 11:16:27
To: <[EMAIL PROTECTED]>; list leedslist<[email protected]>
Subject: Re: [LU] profit


You can't praise or criticise the club for altering ticket prices. The
change in VAT is due to government policy change.

--------------------------------------------------
From: "DAVID NATTAN" <[EMAIL PROTECTED]>
Sent: Thursday, November 27, 2008 10:53 AM
To: "list leedslist" <[email protected]>
Subject: [LU] profit

Cannot believe no-one has commented on the fact that we made a profit of
£4.5m of which £900 is trading profit from a turnover of £23m.
Anyone know what this really means and what are the implications ?
Usually a few of you have stuff to say about finances and Bates.

Also ticket prices have dropped £1 per game cos of VAT reduction - any
praise or criticism for the club on that one ? Will it make any real
difference ? Is there anyone on the list who will now go to (more) games
since it is £1 cheaper ?



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is Michel Kitabdjian dead yet?


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