Angus Kinnear on Elland Road expansion, Leeds United season tickets, and the spectre of Red Bull — Square Ball 12/9/24
Premium experience
Written by: Rob Conlon
Like the Yorkshire Evening Post reporting on the city of
Leeds potentially getting a tram system once a year, Angus Kinnear made his now
annual appearance on The Square Ball podcast and provided the latest update on
the 49ers Enterprises’ plans to expand Elland Road stadium.
On the stadium redevelopment, the big update is that an even
bigger update is coming soon, although it sounds like the plans for a 60,000
capacity that Kinnear mentioned on the podcast in 2021 have been revised
slightly:
“The good news about the stadium is, for the first time in
the six and a half years or seven years that I’ve been involved in the club, I
think we’ve got some real traction behind the stadium. So the 49ers have
committed a multimillion-pound sum on putting together a project team which has
environmentalists, transport planners, the design team, the structural
engineers, the mechanical engineers.
“That team now is meeting two or three times a week with a
view to submitting the planning application. There’s going to be an
announcement very shortly about that. And within that, you’ll get a degree of
granularity in the plans around stadium capacity. I think at the moment it’s
looking like it’s going to be 53,000. That’s the most economic number.
“Within that, you’ll also get a sense of the broad split,
which hasn’t been decided yet, between GA (general admission) and hospitality
seats. But there’ll be a significant GA increase, but there will also be an
increase in premium seats on that side as well, because the West Stand doesn’t
really have any workable hospitality as it stands.”
On that delicate balance between increasing general
admission tickets as well as corporate facilities, Kinnear says:
“There’s no hiding from the fact that increasing the number
of premium seats will be part of the plan. That’s why all of the planning
applications that are currently underway are for the West Stand and the North
Stand.
“The vision at the moment is the North Stand wouldn’t have
any hospitality at all, and the West Stand would have an increase in
hospitality. You cannot fund a stadium build just on GA seats. You need premium
seats in there. And I think there will also be a bigger spread of premium
seats.
“One of the things that Leeds United doesn’t have very many
of — it’s got the Bremner [suite], I think — is a base level of, in industry
terms, premium GA, but it’s effectively a GA seat which has an element of
hospitality on it, but actually is a huge step up for supporters.
“And at both West Ham and Arsenal, we found lots and lots of
existing season ticket holders were prepared to step up into premium general
admission to get a better located seat and access to a bar.”
For example, Leeds are currently selling ‘hospitality
packages’ for Yeboah’s Crossbar (an outdoor marquee next to the Pavilion
opposite the stadium) which include a free pie, pint, and matchday programme,
as well as a seat in the East Upper. For the visit of Sheffield United in
October, fans could pay £165 for that ‘premium’ experience.
Which brings us neatly onto general admission ticket prices,
and whether paying £49 to sit in a decrepit West Stand and watch second-tier
football is a̶ ̶r̶i̶p̶ ̶o̶f̶f̶ reasonable:
“I think if you look at ticket prices and index it against
inflation over the last twenty to thirty years, the increases are not
significantly above inflation. So I think I’m certainly at the age where
everything just seems expensive and it does feel like a lot…”
…less so if you got paid £1.4m the season Leeds got
relegated…
“…but if you take out all the premium seats, then the GA
seats have gone broadly, I think, across the football industry in line with
inflation.”
Using an inflation calculator to compare the price of old
Leeds tickets to today, I’m not sure that’s strictly accurate. Or at least not
as accurate as saying, ‘Football clubs around the country are overcharging
supporters, and Leeds are no different.’ Kinnear’s justification is essentially
that, given the demand for tickets far outweighs the supply, Leeds could have
increased ticket prices even more but haven’t, and we should be thanking the
49ers for that:
“Clearly, it needs owners who have a relationship with a
fanbase and a desire, and this is where I think the 49ers have been great. You
could look at all the modelling in the world and you could look at increasing
the prices of lead United tickets because we’ve got 22,000 people on the season
ticket waiting list, and actually, season ticket prices have increased, I
think, twice in the last ten years, and actually have increased very modestly.”
Touching upon the season ticket waiting list, Kinnear says
“it’s very difficult to be completely transparent” where fans are in the
pecking order because only “slightly more than a handful” become available
every year. “The opportunity for people on the season ticket waiting list to
get a seat is going to be when the new stand is built”.
By the time the new stand is built, could Elland Road be
renamed by our new energy drink overlords, or could it be the home of Red Bull
Leeds?
“It’s not going to happen. All I can say is that it’s never
been a consideration in terms of it’s never been raised by them. It’s never
been anything that’s been offered. Paraag has been adamant, and I’m with him on
this, that it’s not going to happen.
“I think to give the fans some kind of reassurance in the
direction of travel, I think over the last couple of weeks, you’ll have seen
that Red Bull have announced more traditional sponsorship deals. I think
they’re going to end up with five or six clubs, which are going to be more
traditional sponsorship partnerships.
“We’re very proud that they chose Leeds United to be the
first of those because this is, although it has an ownership stake in it, this
is about driving the brand awareness through football in a market that they
haven’t been in historically.
“The values of the deal are absolutely transformational from
a commercial perspective. We’re not going to publish the values, but they are a
multiple of what we’d have expected otherwise. It’s a really high level of
commitment.
…
“I understand the fans’ concerns about what’s happened
elsewhere. It’s very difficult to give them absolute certainty that it’s never
going to happen again, but it is not the 49ers’ plan. It’s not the 49ers’ plan
to sell to Red Bull. It’s not Red Bull’s plan to buy Leeds United. It is by and
large a sponsorship deal which has an equity element to it. And I think it’s
going to be one of the pillars which is going to frame our commercial success,
which will ultimately frame our footballing success.
“So I think my perspective will be in four to five years’
time, everyone will look back on the Red Bull deal and they’ll see from a
commercial perspective it was the catalyst for the commercial growth which has
fuelled Leeds United becoming a top-ten Premier League side.”
Kinnear himself says that if Red Bull were to take over
Leeds and try to rebrand the club, “I could categorically say I wouldn’t be
part of Leeds United if it’s changing its name.” Which is very noble, but no
use to us if he was part of the group that let the bull in the china shop.
I sincerely hope Kinnear and Marathe are correct when they
say Red Bull have no intention of taking over Leeds United. If that proves to
be true, then Leeds fans will have been shown to be overly cynical, which our
recent history shows is healthy. If it proves to be false, then Leeds’ current
ownership will have been shown to be overly naive, which our recent history
shows is dangerous.