5/10/2010

How much did we pay to be kicked around?

Heard someone said it is so cheap, only $1 per game! Really? $1 of what? How is this $1 derived? Fee divided by 4.8m people? Or fee divided by the 10% or so football fans? Then do we know how much are the rest of the world paying? How much are the Germans or Japanese paying? These are the more sensible people who would not throw their money away simply at any price? Or for that matter, how much are the football crazy nations like Brazil, England and Argentina paying, using the same formula of course? Then there are the countries that are in the competition and have more reasons to want to watch the games, how much are they paying? Cannot tell, cannot tell! Trade secret, malu? Another case of overpaying? All CEOs of corporations, public or private, have a social and fiduciary duty to make sure that money is well spent and not throw away just because it is other people's money. There must be accountability. Maybe prudence is no good. Yes this must be the reason, since we are making our consumers pay for as much as they can afford, no need to be prudent. Pay any price and just charge it to the consumers.

6 comments:

Wally Buffet said...

C'mon Mr. Bean,

Pay only $66+ to watch about 66+ games is a steal.

People are paying $300+ per ticket to watch some "has been" so called superstars crooning away at the Indoor Stadium.

Frankly I would pay $66 to be allowed to switch off the telly so I can get some sleep.

Hehe.

Chua Chin Leng aka redbean said...

Ok, I must agree with. Since we have so much money to throw, pay a bit more is nothing. Treat it as our generosity, a donation to the less privilege.

Have money must flaunt it. What is a few million?

Anonymous said...

If $66.6..then it'll be a "mandate" like previous election

Anonymous said...

The Government could have just pay for the telecasts and let the viewers who pay Television Licence Fees to enjoy the games. Period.

What's wrong with the Leadership giving its' people some enjoyment for free?

Must the Government always take money from the people for everything? Sick.

patriot

Chua Chin Leng aka redbean said...

When you keep paying people in the millions, the sense of proportional got warp. When one keeps toying with hundreds of millions, it becomes like playing with monopoly notes.

This is another case of paying peanuts, except that the peanut is much costlier. And who suffers? The school boys and girls.

This is different from the rich paying $1000 to see Tom Jones or Bocelli.

Matilah_Singapura said...

> All CEOs of corporations, public or private, have a social and fiduciary duty to make sure that money is well spent and not throw away just because it is other people's money.

CEO in the private sector deal with people's (investors and stake holders) PRIVATE PROPERTY, therefore they are only answerable to no one except the owners of that property.

No one has any "social duty". To assume so means that you are a slve of the state.

As long as you don't break contracts -- the voluntary contracts you engage in -- you don't have any "duty" whatsoever. "Duty" is nothing more than something that you are forced into doing or obeying when you didn't expressly agree to do so in the first place.

So fuck "duty".