Anonymous wrote:Anonymous wrote:People arguing that clubs and coaches are raking in the benjamins like Warren Buffet have me ROFL. It's a low margin business across the board.
Yep, former board chair of a large local club here. I'd say zero-margin or even negative margin. The hardest part of my job was explaining to parents (and even some knuckle-headed board members) that our only source of revenues was fees and the fees barely cover the cost of the program. Biggest expense is salaries, and no one is well paid compared to the non-soccer world. Second biggest expense is fields, a surprising number of otherwise intelligent people think that fields just magically appear.
The reason there is so much churn is that youth soccer is fundamentally a barrel-bottom-scraping business.
Anonymous wrote:Anonymous wrote:People arguing that clubs and coaches are raking in the benjamins like Warren Buffet have me ROFL. It's a low margin business across the board.
Yep, former board chair of a large local club here. I'd say zero-margin or even negative margin. The hardest part of my job was explaining to parents (and even some knuckle-headed board members) that our only source of revenues was fees and the fees barely cover the cost of the program. Biggest expense is salaries, and no one is well paid compared to the non-soccer world. Second biggest expense is fields, a surprising number of otherwise intelligent people think that fields just magically appear.
The reason there is so much churn is that youth soccer is fundamentally a barrel-bottom-scraping business.