Robin's Diary
Robin Luscombe
Managing Director Luscombe Motors Ltd | 2022 Car Dealer Lifetime Achievement | 4 x Suzuki Dealer of the Year | 5 x AM Award Winner | Auto Trader Retailer of the Year 2018 & 2020 | 5 x Motor Trader Award Winner
I need help! Can you help?
I really do hope some of my readers can help me out this week, because I am completely confused. Here is my question … Why, when public funds are running or have run dry, does the University of Bradford spend money on sponsoring a football stadium?
As a Bradford City supporter, I appreciate they need money.?However, as a taxpayer, who wants to employ educated people, and have a health service that looks after my staff and customers, not to mention the discussions about tax increases or reductions, is it either taxpayers’ money or students’ money being spent on a football team?
Hopefully someone who understands business, tax, education or marketing can explain it to me and educate me? Once I have a reasoned balanced explanation, I hope I will understand, because at the moment, it seems to be to be a blatant waste of public money, which could and should be spent on far more needy projects??
“The extravagant expenditure of public money is an evil not to be measured by the value of that money to the people who are taxed for it.” Chester A. Arthur
Office space, co-working and hybrid working solutions by day, Live music industry promoter & DJ by night.
2 年Nice and straightforward this one. They are a private business free to spend their money how they want. It’s marketing. A common misconception that they are responsible to the state or taxpayers for this kind of activity.
? Helping Car, Van, Motorhome and Caravan dealers to become more Efficient and Profitable ?
2 年The key is thinking that the income here comes from taxation... 75% of revenues comes directly from students - mainly in the form of student loans. Much of the remainder is from research grants. So, it is a business.. And needs to market like one. Hence sponsorship and other similar marketing activities. More students = more revenue