These types of ventures are ripe for the hired help to rip off the shareholders.
Not if everyone were equal. Straight forward shares to funding amount. Proper legal lawyers papers written up and so on. If loads of folk got involved, it wouldn’t be about making millions (well it could after years of many countries but outwith that) it would be about fan owned passion. With correct PR company hired to sort out all the marketing and advertising, it’ll be perfect for quite a few places.
I mean the managers etc who run it. There’s no margin in the pub game, if some of the cash is going out the back door you’re done.
If there is the proper marketing and advertising set in place, a Rangers themed bar in certain areas would be a gold mine. I know marketing, Rangers are literally one of the best marketable names in the world. Massive literally.
Maybe something along the lines of the Brewdog model may work, i.e. you have a couple of owners who then sell limited shares in the business in exchange for rewards
I take it you know nothing about the pub game mate ? Not trying to be a smert arse but too many things to go wrong , Alex has pointed out one but there’s many and with the price of gas and electric it’s going to be a rough time for the poor publican over the next few years
You know marketing, so you understand that every pound spent on that side has to be realised net on the till. Margins are tight and cash is king.
That you chesney?
Yeah I know the bar game from a music business point of view mate so a little different I admit, but, I ran venues and some fantastic gigs etc. I honestly believe with a football connection and a great PR team, a bar has massive potential.
Just your reply was written in the way that chesney would reply in only an excuse.
I’ve seen Benfica and Sporting bars here in Toronto. I wonder if they’re linked?
He’d be daft not to. But there is a bigger picture available. Rangers are a HUGE name, seriously massively huge. There must be money to make while at same time promoting the good name of our club.
See between Toronto, Burlington and Niagara Falls (I’d even just drop Burlington part), they’d be a fortune to make. Toronto and Niagara Falls would do so well.
Yes I totally understand, but I still think that Rangers as a brand is powerful and would work.
Might not be as successful as you think mate. I doubt many of the current RSC who are run out of bars could sustain the attendance they get for games 24/7. Like all bars you’re going to be dependent on people who love close by and aren’t Bears in order to survive. So location would be critical. Bears over here, and Brits in general don’t live in one area the way other ethnicities do.
Marketing and advertising is the main second thing after location mate, especially for non fans, It would work, not in all places, but in good places, it’ll work well.
I added this to my other post but one thing working against you is that Brits in general over here don’t concentrate in one area like the Italians, Portuguese, etc. We’re spread out all over the city and most people travel to the RSC to watch the game. They wouldn’t necessarily be regulars.
So open in North America and brand it as Rangers (New York, Texas and Glasgow)
A good run bar, with brilliant promotion/marketing/advertising will work, especially if a great brand like Rangers. Because of computer systems, it is easy to see where every penny goes, people stealing shouldn’t be a problem. With correct marketing etc, a Rangers bar in various areas would work.
Love the post but wrong thread mate?
absolutely this, our attendances at games played in other parts of the world show we have no where near the support that people think we have in foreign fields
Promoting and advertising are a tiny part of running a bar. If the beer is warm, and the landlord is a prick, and can’t keep staff, you can advertise as much as you want, your pub will fail.
Aye it’s got rip offs and snakes all over it.
Every chance, there was a large amount of immigrants went to Canada
Gran Canaria, and i will run it
It is very easy to make sure those downsides you have mentioned don’t happen. Chains are easy to look after for one person even, they just visit each place once a month and visit accountant every few days. I’ve certain work and business experience to believe I’m correct, but I also appreciate folks experienced, may know more than me.
