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Tuesday, October 28, 2008
The Jamaica Football Federation (JFF) has reported losses of $4.1 million and $6.4 million from the Reggae Boyz's CONCACAF World Cup qualifying games against Mexico and Honduras at the National Stadium on October 11 and 15, respectively.
For the Mexico game, the local governing body of the sport in a press release claims the total revenue recorded was $25,991,000, but that sum was erased by total expenditure of $30,127,688 - a shortfall of $4,136,688.
And for the Honduras game, total revenue of $25,807,000 was reaped, but the huge cost of $32,252,954 associated with staging the event, wiped that sum out, ending with a loss difference of $6,445,954.
"Both games by themselves made small profits, but the expenses from the corresponding away fixtures which were not revenue generators for the federation, wiped that away and contributed to the deficits," said the widely circulated release.
Jamaica's Boyz engaged the two Central American opponents in must-win games to revive their fading South Africa 2010 World Cup qualifying campaign and they delighted fans by scoring highly entertaining 1-0 wins over their rivals under the guidance of interim head coach, Theodore 'Tappa' Whitmore.
According to the Captain Horace Burrell-led JFF, the weight of the costs comes from airfares for players, hotel accommodation, match fees, match incentives, food supplies for training camps, medical supplies and ground transportation.
For the Mexico game, the cost related to flying some 16 overseas-based players was put at $5,895,148, while $5,944,177 was the figure given for the Honduras encounter. Hotel accommodation costs for players were put at $2,100,383 for the Mexico match, while $2,705,957 was what it cost for the Honduras fixture.
The release notes that match fees and match incentives represented the highest costs and were put at figures of $6,793,310 and $6,092,500, respectively, for each game.
"Cost for food supplies amounted to $1,063,569 and $1,577,072, respectively. Ground transportation cost was $150,000 for the Mexico game and $439,160.00 for the Honduras game," said the JFF.
"For the Mexico game the revenue generated was broken down as $370,000 from the Skyboxes, $3,230,000 from Category One tickets, $7,560,000 from Category Two tickets, $910,000 from the Red Stripe Party Stand and $13,921,000 Bleachers ticket sales.
"From the Honduras game the Skyboxes generated $298,000, TV Rights Fees $1,000,000, Category One tickets $3,030,000, Category Two tickets $7,045,000, the Red Stripe Party Stand $284,000 and Bleachers Ticket Sales $14,150,000," the release explained.
Those figures, it is said, amounted to $22,119,910 and $23,577,176 respectively.
Other costs such as game day expenses totalled $5,300,050 and $5,968,050, respectively. Among those costs is $1,200,000 payable to the police for each game, without providing a breakdown, there were costs in the areas of administrative expenses which involved staff travel and meals, match incentives, FIFA cess, CONCACAF cess, CFU cess, match co-ordinator fee, match commissary fee and local referee fees and ticket costs with the total put at $1,881,487.00 for each game.
Other expenses relating to the visiting teams (liaison officers) and game officials (accommodation and meals) accounted for another $277,600 for each game. Administration (auditors and radio rental) added the figure of $548,641 for each game.
The JFF said the deficit figures would have been far greater had it not been for the "input and loyal support of dedicated sponsors such as Digicel, Red Stripe, Jamaica National, JMMB, Stewarts Auto Supplies, the Sports Development Foundation, Sagicor and many others".
The Jamaica Football Federation (JFF) has reported losses of $4.1 million and $6.4 million from the Reggae Boyz's CONCACAF World Cup qualifying games against Mexico and Honduras at the National Stadium on October 11 and 15, respectively.
For the Mexico game, the local governing body of the sport in a press release claims the total revenue recorded was $25,991,000, but that sum was erased by total expenditure of $30,127,688 - a shortfall of $4,136,688.
And for the Honduras game, total revenue of $25,807,000 was reaped, but the huge cost of $32,252,954 associated with staging the event, wiped that sum out, ending with a loss difference of $6,445,954.
"Both games by themselves made small profits, but the expenses from the corresponding away fixtures which were not revenue generators for the federation, wiped that away and contributed to the deficits," said the widely circulated release.
Jamaica's Boyz engaged the two Central American opponents in must-win games to revive their fading South Africa 2010 World Cup qualifying campaign and they delighted fans by scoring highly entertaining 1-0 wins over their rivals under the guidance of interim head coach, Theodore 'Tappa' Whitmore.
According to the Captain Horace Burrell-led JFF, the weight of the costs comes from airfares for players, hotel accommodation, match fees, match incentives, food supplies for training camps, medical supplies and ground transportation.
For the Mexico game, the cost related to flying some 16 overseas-based players was put at $5,895,148, while $5,944,177 was the figure given for the Honduras encounter. Hotel accommodation costs for players were put at $2,100,383 for the Mexico match, while $2,705,957 was what it cost for the Honduras fixture.
The release notes that match fees and match incentives represented the highest costs and were put at figures of $6,793,310 and $6,092,500, respectively, for each game.
"Cost for food supplies amounted to $1,063,569 and $1,577,072, respectively. Ground transportation cost was $150,000 for the Mexico game and $439,160.00 for the Honduras game," said the JFF.
"For the Mexico game the revenue generated was broken down as $370,000 from the Skyboxes, $3,230,000 from Category One tickets, $7,560,000 from Category Two tickets, $910,000 from the Red Stripe Party Stand and $13,921,000 Bleachers ticket sales.
"From the Honduras game the Skyboxes generated $298,000, TV Rights Fees $1,000,000, Category One tickets $3,030,000, Category Two tickets $7,045,000, the Red Stripe Party Stand $284,000 and Bleachers Ticket Sales $14,150,000," the release explained.
Those figures, it is said, amounted to $22,119,910 and $23,577,176 respectively.
Other costs such as game day expenses totalled $5,300,050 and $5,968,050, respectively. Among those costs is $1,200,000 payable to the police for each game, without providing a breakdown, there were costs in the areas of administrative expenses which involved staff travel and meals, match incentives, FIFA cess, CONCACAF cess, CFU cess, match co-ordinator fee, match commissary fee and local referee fees and ticket costs with the total put at $1,881,487.00 for each game.
Other expenses relating to the visiting teams (liaison officers) and game officials (accommodation and meals) accounted for another $277,600 for each game. Administration (auditors and radio rental) added the figure of $548,641 for each game.
The JFF said the deficit figures would have been far greater had it not been for the "input and loyal support of dedicated sponsors such as Digicel, Red Stripe, Jamaica National, JMMB, Stewarts Auto Supplies, the Sports Development Foundation, Sagicor and many others".
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