March Hare Posted September 21, 2022 Report Share Posted September 21, 2022 I’m guessing they have different models for customer types. For example a couple sharing a car: Tickets £650 (£325 x 2) Parking £50 Fuel £50 Food and drink £250 Total £1000 Once you break those types of barriers you lose customers. So they will be dialling figures up and down to see what their maximum revenue figure can be. Quote Link to comment Share on other sites More sharing options...
moogster Posted September 21, 2022 Report Share Posted September 21, 2022 Am I correct in saying that everything that is not used for costs is what goes to charities? So if they price wrong, the hit may be on the donations to charities? I don't think it's something the Evii would ever want... So if you have 10 quids more per tickets in costs, but increase by 5 quids, then that's 5 quids less for charities (not considering traders fee, whatever the BBC pays etc...) Quote Link to comment Share on other sites More sharing options...
clarkete Posted September 21, 2022 Report Share Posted September 21, 2022 (edited) 19 minutes ago, moogster said: Am I correct in saying that everything that is not used for costs is what goes to charities? So if they price wrong, the hit may be on the donations to charities? I don't think it's something the Evii would ever want... So if you have 10 quids more per tickets in costs, but increase by 5 quids, then that's 5 quids less for charities (not considering traders fee, whatever the BBC pays etc...) No, they've got reserves haven't they, which they used last couple of years. Edited September 21, 2022 by clarkete Quote Link to comment Share on other sites More sharing options...
incident Posted September 21, 2022 Report Share Posted September 21, 2022 17 minutes ago, moogster said: Am I correct in saying that everything that is not used for costs is what goes to charities? So if they price wrong, the hit may be on the donations to charities? I don't think it's something the Evii would ever want... So if you have 10 quids more per tickets in costs, but increase by 5 quids, then that's 5 quids less for charities (not considering traders fee, whatever the BBC pays etc...) It's more complicated than that but yes, the discretionary charitable donations would be amongst the first things affected. The money going to charity could only be cut to a certain point as some of it is contractual - eg. Oxfam being paid to provide stewards, WaterAid to provide Toilet crews and staff the Water Points, and numerous others. The other outgoing that may be hit is the "rainy day" fund - since the scare in 2008 when it didn't sell out and they came close to losing money, the festival has had a stated policy of keeping a very healthy bank balance in reserve just in case (I think it was close to 10 million at the peak), which they gradually built up from 2009 onwards. Obviously two years of cancellations will mean that's taken a huge hit, and they'll want to build it back up quickly. Quote Link to comment Share on other sites More sharing options...
Supernintendo Chalmers Posted September 21, 2022 Report Share Posted September 21, 2022 What's the shortest amount of time between the sale date announcement and the sale? @Gnomicide? Quote Link to comment Share on other sites More sharing options...
mufcok Posted September 21, 2022 Report Share Posted September 21, 2022 3 minutes ago, Supernintendo Chalmers said: What's the shortest amount of time between the sale date announcement and the sale? @Gnomicide? I was trying to look at that myself, surely this would now be the shortest in recent memory - if they do go with the normal dates? Quote Link to comment Share on other sites More sharing options...
Gnomicide Posted September 21, 2022 Report Share Posted September 21, 2022 4 minutes ago, Supernintendo Chalmers said: What's the shortest amount of time between the sale date announcement and the sale? @Gnomicide? Good point. Gap from announcement until coach sale: 2020 - 16 days 2019 - 17 2017 - 24 2016 - 13 2015 - 14 2014 - 17 We're now 15 days away from most probable coach sale date. 1 3 6 Quote Link to comment Share on other sites More sharing options...
Supernintendo Chalmers Posted September 21, 2022 Report Share Posted September 21, 2022 1 minute ago, mufcok said: I was trying to look at that myself, surely this would now be the shortest in recent memory - if they do go with the normal dates? I guess the deposit scheme allows people to be able to react relatively quickly. I'd imagine that two weeks is enough time for most to get their plans and finances together. If you're organised, and are serious about going, you'll probably be aware that sale time is usually around this time of year Quote Link to comment Share on other sites More sharing options...
Supernintendo Chalmers Posted September 21, 2022 Report Share Posted September 21, 2022 1 minute ago, Gnomicide said: Good point. Gap from announcement until coach sale: 2020 - 16 days 2019 - 17 2017 - 24 2016 - 13 2015 - 14 2014 - 17 We're now 15 days away from most probable coach sale date. So judging by those gaps, absolutely no panic whatsoever. Expect the announcement either tomorrow or Friday Quote Link to comment Share on other sites More sharing options...
incident Posted September 21, 2022 Report Share Posted September 21, 2022 2 minutes ago, Gnomicide said: Good point. Gap from announcement until coach sale: 2020 - 16 days 2019 - 17 2017 - 24 2016 - 13 2015 - 14 2014 - 17 We're now 15 days away from most probable coach sale date. Cheers. So barring 2016 which was something of an anomaly, we're bang in the middle of the usual range. Quote Link to comment Share on other sites More sharing options...
mufcok Posted September 21, 2022 Report Share Posted September 21, 2022 That's made me feel a little bit better. I also clocked that the announcement in 2019, for the 2020 sale, came in the afternoon (circa 3.45pm I think). Not sure if that's a regular thing or not Quote Link to comment Share on other sites More sharing options...
JoeyT Posted September 21, 2022 Report Share Posted September 21, 2022 (edited) If the structure is going to change at all I could see something along the lines of below: (I don't think it will & honestly think they'll announce everything inc. ticket price in the next 48 hours) Announcement of ticket sale date, deposit amount and brief blurb about total ticket price being confirmed nearer the time. 2 options in regards to choosing not to pay off ticket balance. First being cancel before Jan 1st and receive a full refund / Cancel between then and balance window to receive 50% back. Full ticket price confirmed in February. Edited September 21, 2022 by JoeyT Quote Link to comment Share on other sites More sharing options...
Neil Posted September 21, 2022 Report Share Posted September 21, 2022 59 minutes ago, moogster said: Am I correct in saying that everything that is not used for costs is what goes to charities? So if they price wrong, the hit may be on the donations to charities? I don't think it's something the Evii would ever want... So if you have 10 quids more per tickets in costs, but increase by 5 quids, then that's 5 quids less for charities (not considering traders fee, whatever the BBC pays etc...) I think they price everything in so they know what will be left for the good causes. Quote Link to comment Share on other sites More sharing options...
MEGATRONICMEATWAGON Posted September 21, 2022 Report Share Posted September 21, 2022 (edited) Isn't it about right that GF wish to donate about 2m to charities each year? I thought I'd read that somewhere before. How much does it even cost to put on such a huge event like Glasto? 180k tickets x £285 is £51.3m. Plus all the car park passes, say another 10k tickets x £50 = £500k. Plus campervan passes on average £150 x 1k = £150k. Maybe between £52-55m in sales? Say they keep back 10% for contingencies, which is about 5.5m... Then with the inflation everything's going up 10% too, then they'd need to make £60-61m to keep the same amount of money for contingencies and the 2m for charities. 60m/180k = £333. That's without factoring in the campervan passes and the car parks, which create a lot of revenue for little cost... So, could we see it go up to even £330? EDIT: this also doesn't account for how much shops pay for plots. Edited September 21, 2022 by MEGATRONICMEATWAGON Quote Link to comment Share on other sites More sharing options...
Neil Posted September 21, 2022 Report Share Posted September 21, 2022 4 minutes ago, MEGATRONICMEATWAGON said: Isn't it about right that GF wish to donate about 2m to charities each year? I thought I'd read that somewhere before. How much does it even cost to put on such a huge event like Glasto? 180k tickets x £285 is £51.3m. Plus all the car park passes, say another 10k tickets x £50 = £500k. Plus campervan passes on average £150 x 1k = £150k. Maybe between £52-55m in sales? Say they keep back 10% for contingencies, which is about 5.5m... Then with the inflation everything's going up 10% too, then they'd need to make £60-61m to keep the same amount of money for contingencies and the 2m for charities. 60m/180k = £333. That's without factoring in the campervan passes and the car parks, which create a lot of revenue for little cost... So, could we see it go up to even £330? EDIT: this also doesn't account for how much shops pay for plots. also bar concessions, typically a big earner. Quote Link to comment Share on other sites More sharing options...
Skip997 Posted September 21, 2022 Report Share Posted September 21, 2022 4 minutes ago, Neil said: also bar concessions, typically a big earner. massive, sadly a lot of the smaller festivals claim they couldn't survive without alcohol sales, hence why some limit the amount of booze you can bring in Quote Link to comment Share on other sites More sharing options...
brettredmayne Posted September 21, 2022 Report Share Posted September 21, 2022 1 minute ago, playstationc**troller said: ANY TBC ON THE TICKET DATES?? SUPPOSED TO BE GOING TO THE SOLANA HOTEL IN BENIDORM ON THE 6TH OCTOBER SO MIGHT DD ON COACH TICKETS IF UP IN THE SKY DOWNING APEROLS. NOT SURE HOW SPOTTY THE WIFI WOULD BE AT A 3* HOTEL LIKE THE SOLANA SO HOPEFULLY I HAVE SOME 5G SOMEWHERE ON THE iPhone 14 PRO MAX 512GB SPACE BLACK EH. (Not sure why this was all posted in caps 😞 ) Was this post just to to tell us you had an iPhone pro max , in space black 😀😀😀😀 Quote Link to comment Share on other sites More sharing options...
clarkete Posted September 21, 2022 Report Share Posted September 21, 2022 41 minutes ago, MEGATRONICMEATWAGON said: Isn't it about right that GF wish to donate about 2m to charities each year? ME mentioned that twice I believe in that 50th anniversary show on the telly, in relation to him being a Quaker and also where there are some aspects of the festival which don't really float his boat - but in both cases he felt that his conscience was clear. That was the recollection of a faded old brain anyway 😉 Quote Link to comment Share on other sites More sharing options...
incident Posted September 21, 2022 Report Share Posted September 21, 2022 45 minutes ago, MEGATRONICMEATWAGON said: Isn't it about right that GF wish to donate about 2m to charities each year? I thought I'd read that somewhere before. How much does it even cost to put on such a huge event like Glasto? 180k tickets x £285 is £51.3m. Plus all the car park passes, say another 10k tickets x £50 = £500k. Plus campervan passes on average £150 x 1k = £150k. Maybe between £52-55m in sales? Say they keep back 10% for contingencies, which is about 5.5m... Then with the inflation everything's going up 10% too, then they'd need to make £60-61m to keep the same amount of money for contingencies and the 2m for charities. 60m/180k = £333. That's without factoring in the campervan passes and the car parks, which create a lot of revenue for little cost... So, could we see it go up to even £330? EDIT: this also doesn't account for how much shops pay for plots. Public tickets can at most be 142k at full price plus 5k sunday tickets at whatever they are. There'll also be some Hospitality tickets at double price, but not sure how many - I'd guess at a 4 digit number. The accounts aren't easy to analyse in any detail, as we don't know how a lot of things get categorised, but GFEL turnover for the 19/20 financial year (the most recent published year containing an actual festival) was 45.8 million. in 17/18 it was 44 million, so around that looks to be the starting point. Quote Link to comment Share on other sites More sharing options...
Guest Posted September 21, 2022 Report Share Posted September 21, 2022 2 hours ago, JoeyT said: If the structure is going to change at all I could see something along the lines of below: (I don't think it will & honestly think they'll announce everything inc. ticket price in the next 48 hours) Announcement of ticket sale date, deposit amount and brief blurb about total ticket price being confirmed nearer the time. 2 options in regards to choosing not to pay off ticket balance. First being cancel before Jan 1st and receive a full refund / Cancel between then and balance window to receive 50% back. Full ticket price confirmed in February. I think given the cost f living crises giving people the option to cancel in full by Jan 1st is a really good suggestion. I agree I think it’ll be fairly normal with t day and they’ll announce something in the next few days. Quote Link to comment Share on other sites More sharing options...
Leyrulion Posted September 21, 2022 Report Share Posted September 21, 2022 1 hour ago, MEGATRONICMEATWAGON said: Then with the inflation everything's going up 10% too, then they'd need to make £60-61m to keep the same amount of money for contingencies and the 2m for charities. I've heard anecdotally that quite a lot of festival infrastructure is going up by more than 10%, fencing, water, sanitation etc So inflation for events could be more than 10% (e.g in most recent years ticket have increased by more than inflation, although this level could be an exception). Quote Link to comment Share on other sites More sharing options...
gazzared Posted September 21, 2022 Report Share Posted September 21, 2022 11 minutes ago, Leyrulion said: I've heard anecdotally that quite a lot of festival infrastructure is going up by more than 10%, fencing, water, sanitation etc So inflation for events could be more than 10% (e.g in most recent years ticket have increased by more than inflation, although this level could be an exception). Maybe we could be looking at £349 😮 Quote Link to comment Share on other sites More sharing options...
Skip997 Posted September 21, 2022 Report Share Posted September 21, 2022 10 minutes ago, gazzared said: Maybe we could be looking at £349 😮 Would be terrible Quote Link to comment Share on other sites More sharing options...
a6l6e6x Posted September 21, 2022 Report Share Posted September 21, 2022 I’d still go for £500 Quote Link to comment Share on other sites More sharing options...
brettredmayne Posted September 21, 2022 Report Share Posted September 21, 2022 I do think the fact that the festival are delaying shows discussions are ongoing about something Quote Link to comment Share on other sites More sharing options...
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