How are clubs and families planning to deal with the finances of club soccer over the coming months. A few issues:
1. It seems that clubs generally have not provided refunds for 19/20, although families obviously are not getting a big chunk of what they paid for (state cup for all youngers, most of season for hs girls).
2. HS boys tryouts were before the lockdown and presumably bills went out when kids committed. Are clubs charging for the 20/21 season they don’t yet know will happen? Are families paying?
3. The financial problems really start in May, when youngers and hs girls would normally try out and clubs would normally get a big chunk of their annual revenues in up front payments. Are families really going to pay when they don’t know how much, if any, club soccer there will be for the next few months? For teams that would normally travel, there’s no certainty as to whether away games or tournaments over the summer will happen. People usually have a good idea what they are paying for and are going to get with club soccer, but this year they really don’t. Are clubs nonetheless going to ask families to pay the same amount or more for next year without any “out” if kids aren’t able to train or play?
4. Club revenues could be down, and down a lot, over the next few months. Fewer families will be able or willing to pay club fees, particularly for new families where the only exposure to the club has been some sort of virtual tryout. Families that normally pay up front for a big chunk of the year will be less willing or able to do so. Tournament cancellations will begin hitting Memorial Day, which will impact the teams hosting tournaments. The various reopening guidelines currently project we will be able to start reopening some things and having gatherings of 10 or fewer around May 18, but gatherings or 50 or more would be at best a month later— that probably means June is scratched and July is a real uncertainty. If that’s right it’s going to be very tough for a lot of clubs to maintain their payrolls even if they were able to take advantage of the CARES Act (not sure which if any did).
1. It seems that clubs generally have not provided refunds for 19/20, although families obviously are not getting a big chunk of what they paid for (state cup for all youngers, most of season for hs girls).
2. HS boys tryouts were before the lockdown and presumably bills went out when kids committed. Are clubs charging for the 20/21 season they don’t yet know will happen? Are families paying?
3. The financial problems really start in May, when youngers and hs girls would normally try out and clubs would normally get a big chunk of their annual revenues in up front payments. Are families really going to pay when they don’t know how much, if any, club soccer there will be for the next few months? For teams that would normally travel, there’s no certainty as to whether away games or tournaments over the summer will happen. People usually have a good idea what they are paying for and are going to get with club soccer, but this year they really don’t. Are clubs nonetheless going to ask families to pay the same amount or more for next year without any “out” if kids aren’t able to train or play?
4. Club revenues could be down, and down a lot, over the next few months. Fewer families will be able or willing to pay club fees, particularly for new families where the only exposure to the club has been some sort of virtual tryout. Families that normally pay up front for a big chunk of the year will be less willing or able to do so. Tournament cancellations will begin hitting Memorial Day, which will impact the teams hosting tournaments. The various reopening guidelines currently project we will be able to start reopening some things and having gatherings of 10 or fewer around May 18, but gatherings or 50 or more would be at best a month later— that probably means June is scratched and July is a real uncertainty. If that’s right it’s going to be very tough for a lot of clubs to maintain their payrolls even if they were able to take advantage of the CARES Act (not sure which if any did).
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