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JFF looks to recover $17m, earns $3.4m for Peru clash
Published: Sunday | September 5, 2010 0 Comments and 0 Reactions
Reggae Boyz fans at the National Stadium. - File
The Football Federation (JFF) is looking to recoup the $17 million it spent to stage today's friendly international against Costa Rica inside the National Stadium.
The JFF hierarchy also revealed to The Gleaner that it will earn US$40,000 ($3.4 million) from the Peru encounter that takes place two days later at the Lockhart Stadium inFlorida.
Captain Horace Burrell and his team at the JFF have shelled out in excess of $17 million in match fees, air transportation, hotel color], ground transportation, meals and other expenses for both teams, and are hoping that the Jamaican public will come out in droves and help in the recovery of most of this sum.
JFF general secretary Horace Reid made the disclosure while stressing the enormous expense associated with staging the game and the importance of having a strong turnout at the venue.
Break even
"We are looking to at least break even in the of $16-$17 million. When you look at all of the cost factors: security, operating cost for the game, advertising and promotion, it has been a pretty expensive undertaking," said Reid.
The administrator pointed to the breakdown of the main areas of expenditure for both teams, with airfare commanding the majority of the cost.
"We are hoping that we will have a good turnout on Sunday (today) because it's a pretty expensive exercise to stage the game," Reid lamented. "We are responsible for all of the expenses of the Costa Ricans - their air transportation, hotel accommodation, meals, ], match fees - and we are really hoping that we will be able to get that support to underwrite these numbers.
"Separate and apart from that are the expenses that we have to incur to prepare our players; find their airfare and bear in mind that a lot of them came in from as far as Europe, and so on," Reid continued.
The JFF is, however, set to earn US$40,000 (approximately $3.4 million) from the Peru game, which is being staged through a promotions company.
The money will for the most part be used to pay off other expenses associated with that game and will not make any major dent in the federation's under-pressure balance sheet.
"For the Peru game, we have received a small match fee of US$40,000, and that will have to also take care of some of the expenses. So it's not necessarily a sizeable fee in terms of a gross figure, but we are expecting that it will cover the expenses that we are responsible for," said Reid.
Meanwhile, things are all set for the Peru game and, according to Reid, the excitement levels among the Caribbean and South Ame-rican communities are at a high point in anticipation of a mouth-watering contest.
"All is set for both games, and from the reports we have received the Jamaican and Caribbean community are pretty excited about the game. We are hearing that the South American community is also charged up about the clash and so we are expecting a wide cross section of fans to turn out in support of the game," Reid pointed out.
Published: Sunday | September 5, 2010 0 Comments and 0 Reactions
Reggae Boyz fans at the National Stadium. - File
The Football Federation (JFF) is looking to recoup the $17 million it spent to stage today's friendly international against Costa Rica inside the National Stadium.
The JFF hierarchy also revealed to The Gleaner that it will earn US$40,000 ($3.4 million) from the Peru encounter that takes place two days later at the Lockhart Stadium inFlorida.
Captain Horace Burrell and his team at the JFF have shelled out in excess of $17 million in match fees, air transportation, hotel color], ground transportation, meals and other expenses for both teams, and are hoping that the Jamaican public will come out in droves and help in the recovery of most of this sum.
JFF general secretary Horace Reid made the disclosure while stressing the enormous expense associated with staging the game and the importance of having a strong turnout at the venue.
Break even
"We are looking to at least break even in the of $16-$17 million. When you look at all of the cost factors: security, operating cost for the game, advertising and promotion, it has been a pretty expensive undertaking," said Reid.
The administrator pointed to the breakdown of the main areas of expenditure for both teams, with airfare commanding the majority of the cost.
"We are hoping that we will have a good turnout on Sunday (today) because it's a pretty expensive exercise to stage the game," Reid lamented. "We are responsible for all of the expenses of the Costa Ricans - their air transportation, hotel accommodation, meals, ], match fees - and we are really hoping that we will be able to get that support to underwrite these numbers.
"Separate and apart from that are the expenses that we have to incur to prepare our players; find their airfare and bear in mind that a lot of them came in from as far as Europe, and so on," Reid continued.
The JFF is, however, set to earn US$40,000 (approximately $3.4 million) from the Peru game, which is being staged through a promotions company.
The money will for the most part be used to pay off other expenses associated with that game and will not make any major dent in the federation's under-pressure balance sheet.
"For the Peru game, we have received a small match fee of US$40,000, and that will have to also take care of some of the expenses. So it's not necessarily a sizeable fee in terms of a gross figure, but we are expecting that it will cover the expenses that we are responsible for," said Reid.
Meanwhile, things are all set for the Peru game and, according to Reid, the excitement levels among the Caribbean and South Ame-rican communities are at a high point in anticipation of a mouth-watering contest.
"All is set for both games, and from the reports we have received the Jamaican and Caribbean community are pretty excited about the game. We are hearing that the South American community is also charged up about the clash and so we are expecting a wide cross section of fans to turn out in support of the game," Reid pointed out.
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