Imagine you are the newly appointed CEO of a semi-professional Soccer team located in the United States
Question:
Imagine you are the newly appointed CEO of a semi-professional Soccer team located in the United States of America. Your Board of Directors has asked you for a 3 page executive summary of your master plan for Year 1. Using the background information on the organization from Page 2 of this document, write a one page summary for each of the parts shown below. Upon submission, your Board of Directors is expecting a clean and concise 3 page document outlining your Year 1 master plan for the organization. Each part should be 1 full page- single spaced and address the following questions:
Part 1- What does your typical off-season day workload look like? What type of daily interaction do you plan to have with your Top Level Managers as well as the Coaches and Players during the season? What type of daily interaction do you plan to have with your Top Level Managers as well as the Coaches and Players during the off-season?
Background Information of the Organization
The Phoenix Turtles
Location- Phoenix Arizona
Team Mascot- Turtles
Years in Existence- 15
Accounting Period for Year 1- January 1st 2022 to December 31st 2022
City Population- 1.63 Million
Surrounding Metro Area Population (including city population)- 4.95 Million
Stadium Capacity- 35,000
Leagues Hard Salary Cap for Coaches and Players- $9,000,000
Competitors Average Usage of Leagues Hard Salary Cap- 100%
Concession Pricing & Quality Satisfaction Rate- 52%
Stadium Owner- A local real estate company that also rents the stadium out for concerts, garden shows, etc.
Last 5 Years Historical Data Averages
Attendance Per Home Game | 18,000 |
Number of Home Games Per Year | 15 |
Individual Ticket Price for Home Games | $45 |
Price of a Hot Dog at Concession Stands | $5 |
Price of a Soft Drink at Concession Stands | $4 |
Last 5 Years Historical Revenue Data Averages (Shown as a Percentage of Overall Revenue)
Ticket Sales From Home Games | 75% |
Local Media Revenue | 10% |
Concession Sales | 10% |
Parking Revenue | 4% |
Sponsorship Revenue | 1% |
Last 5 Years Historical Expense Data Averages (Shown as a Percentage of Overall Revenue)
Salaries for Coaches and Players | 45% |
Stadium Rental Fees | 20% |
Payroll Tax & Benefits for All Employees | 10% |
Salaries for Administration | 10% |
Marketing & Advertising | 7% |
Insurance | 3% |
Expert Answer:
According to the guidelines Im supposed to answer the very first question Please ask the other part ... View the full answer
