Building Champions for Life – Sandy Sansing Ad

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Why tunnel vision is the last thing clubs like Man City and Spurs need

first_img You can get closer to the action than ever before with Manchester City’s ‘Tunnel Club’ Does football’s greed know no boundaries?Not content with the billions of pounds of domestic and overseas TV revenue flooding into the game – numbers that appear set to be dwarfed in the not too distant future when the likes of Amazon and Facebook are expected to challenge the current duopoly enjoyed by Sky and BT – Premier League clubs continue to seek new ways to chisel cash out of fans already, in many cases, paying huge sums of money for tickets.Already Manchester City have introduced  ‘Tunnel Club’, where for between £7,500-£15,000 per season well-heeled supporters can be wined and dined at the same time as gazing through a one-way mirror as the players enter and leave the pitch.Tottenham are advertising a similar scheme when their new stadium opens next season, priced at £9,500 per season, plus a one-off membership fee of £15,000, and Crystal Palace are said to be planning an initiative along the same lines as part of their re-development of Selhurst Park.Clearly developing new revenues streams is important for any business, and if punters are happy to fork out eye-watering sums like those above to give themselves a goldfish bowl eye view of players admiring their tattoos and adjusting their Alice bands, then who am I to say they’re wrong?But I can’t help think it won’t be long before at least two clubs wish such previously out of bounds access had remained so.No one can have missed the banner headlines that greeted the post-match shenanigans at Old Trafford on Sunday afternoon, where milk and plastic bottles were said to have been thrown as Manchester United and Manchester City players and staff exchanged projectiles and angry insults.Those scenes unfolded in the confines of the dressing room areas, of course, and as such would have been far removed from the prying eyes of those taking advantage of the post-match prawn sandwiches if United had a ‘Tunnel Club’ of their own.But rewind 13 years or so, to October 2004 and the ‘Battle of the Buffet’ at Old Trafford, when Sir Alex Ferguson took a pizza to the mush in the tunnel, a pizza that may or may not have been thrown by Cesc Fabregas.Now imagine the aftermath of an incident like that kicking off in said tunnel, in full view of the paying, Prosecco-swilling crowd scrambling as quickly as possible for their smartphones to capture the action for posterity via social media. The fall-out and outrage would be off the scale.And all that for an extra few hundreds of thousands pounds a year, or the cost of your star striker’s weekly wage.It all sounds like an unnecessary accident waiting to happen. Hardly seems worth it, does it?What do you think of ‘Tunnel Clubs’? Would you – or do you – spend thousands of pounds for the privilege? Leave your comments below… 1last_img read more

House Flipping Remains Preferred Strategy Among Investors

first_imgHouse Flipping Remains Preferred Strategy Among Investors A nationwide survey conducted by Auction.com, a leading online real estate marketplace, showed a continuation in January of a trend seen in the fourth quarter of 2014—that of investors’ preference to flip houses rather than rent them out.Even as the demand for rental housing has increased in most markets, investors continue to prefer to flip houses due to a recent combination of price appreciation and decreased inventory, according to Auction.com. About 50.2 percent of investors surveyed in January said they preferred to flip the homes they purchased, while 47.5 percent said they prefer a hold-to-rent strategy (2.2 percent surveyed said they were undecided). These percentages were little changed from Q4.”Considering recent reports that have suggested a shortage of rental units in some metropolitan areas, we’d expect to see more investors starting to move toward a buy-and-hold strategy to address this market opportunity,” Auction.com EVP Rick Sharga said. “We know anecdotally that some flippers purchase homes specifically to sell them to other investors who repurpose the properties as rental units. But, it will be interesting to see if more investors move away from flipping and towards rental strategies over the next few months if demand for rental housing continues to rise.”Though the survey found that more investors preferred flipping over renting overall in January, the results varied according to the investor profile and the type of auction (live versus online). Among investors making a one-time purchase, 67.5 percent preferred a hold-to-rent strategy compared to 29.1 percent who said they preferred to flip. The majority of real estate investors preferred flipping over renting (51.7 percent to 46.3 percent), while investors working on behalf of another investor also showed a propensity toward flipping over renting out the properties they purchased (60.2 percent compared to 37.6 percent).Investors who purchased their properties through live auctions appeared to show a preference toward flipping in January. Flipping was the preferred strategy over renting in all but two of the 10 states where Auction.com conducted live events during the month: Georgia and Missouri. The state with the highest percentage of investors who purchased properties at live auctions and preferred flipping was Arizona, with 74.3 percent compared to 20 percent who said they would rent. Overall, 56.2 percent of investors who purchased properties at live auctions in January said they preferred to flip, compared to 41 percent who said they intended to rent the properties out.Meanwhile, 54.9 percent of investors surveyed in January who purchased properties through online auctions said they intended to rent, compared to 43.4 percent who said they preferred flipping. Auction.com Home Flipping Investors Rental Properties 2015-02-16 Seth Welborn February 16, 2015 554 Views center_img Share in Daily Dose, Data, Headlines, Newslast_img read more