IS IT TRUE that there are those in this world who are obsessed with financial performance to the point that they do projections on a regular basis about the financial performance of public and private entities?…one such person that we shall refer to as Mole #7 has been looking at the financial performance for the Ford Center as it relates to the Thunderbolts hockey team and said “it may not be a pretty sight”? …in previous years the Evansville Icemen absorbed an average loss of roughly $600,000 per season (5 seasons) which included paying $11,000 per home (36 home games) game in rent to the Ford Center management?  …those rent checks have been reduced to $1,000 per home game for the Thunderbolts which is going to be a major financial blow of many hundred of thousand of dollars to the Ford Center annual budget?  …because of the poor home game attendance it is guesstimated by Mole #7 that the Thunderbolts concession (food and beverage) income at the Ford Center could be reduced around $400,000 to $500,000 over the previous year (Evansville IceMen last year at Ford Center)? …of course poor ticket sales isn’t helping the bottom line? …Mole #7 is also projecting that this year the Ford Center hockey income may be on the verge of losing between $1 million to $1 1/2 million dollars because of the Thunderbolts bad economics performance? …this projection doesn’t include the money that the Ford Center management pays to Vanderburgh-Evansville Building Authority for services rendered for hockey games?
IS IT TRUE only the music acts seem to bring in sufficient crowds to make the cash register ring at Ford Center?…hockey sure as heck isn’t working, the UE girls are leaving because of costs, circuses are reducing overall show date offerings, the local mega Church will not be holding future Easter services at the Ford Center and the UE men’s basketball team is not exactly filling the house either?…Country music stars and classic rock and roll are the only thing that seems to attract enough people to be worth unlocking the doors?…the real tragedy is that the losses of the Thunderbolts, the Aces, and the other things are being hidden by any successes in the music world?…to this day, the biggest crowds for sports, music, or even circuses happened in Roberts Stadium?
IS IT TRUE is this is the same Ford Center that was advertised by the best consultants that money can buy to be self sufficient in the third year? …we wonder just what could have been done better with $127 million borrowed dollars?
FOOTNOTES: Todays “READERS POLL” question is: Do you feel comfortable with the fact that the owners of VenueWorks now has 100% controlling interest of the Thunderbolt Hockey team?
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