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Sunday 20 July 2008

Why Paid-up Community Support is vital

Talking about a Canberra A-League Team last week Chief Minister John Stanhope said, "We would be prepared to provide some funding towards that start-up but we would do that only on the basis of a strong business case and evidence of very strong community support."

He talked of $5-$7million start-up costs, with probably $5 million per year in ongoing revenue. I believe the start-up costs are our problem.

With $2.5 million potentially on board from investors (and fans) a significant start-up cost contribution from the Government we really could get this thing over the line.

I reckon supporter sign-ups could be the key, to convince others to invest, to encourage the Government, and of course to seal the deal with the FFA. Townsville over Canberra you are joking right!

This from the ABC website:
TyThe ACT Government says it will provide financial support for an A-League soccer team in Canberra if there is strong community support and a solid business case.

Proponents of a Canberra-based team have submitted a proposal to the Football Federation.

Chief Minister Jon Stanhope says the start-up cost would be between $5 and $7 million.

He says the Government would contribute, provided the team's credentials are established.

"There are significant start-up funds required," he said.

"We would be prepared to provide some funding towards that start-up but we would do that only on the basis of a strong business case and evidence of very strong community support.

"It's one thing to start-up a team but the test of any business case is its sustainability and the level of continuing and on-going community support

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