The Best In Asia

The Best In Asia

Tuesday, 22 May 2012

FA CUP Final 2012 - Profit & Loss of The Most Expensive Ticket in Malaysian History

Last Saturday, 19th May 2012, a new history was written in Malaysian Football. Kelantan FA won the Cup for the first time. What is so special regarding this victory is Kelantan has won it simultaneously with the newly introduced design of the said Cup. The Cup size is smaller than the previous design, but it is a big meaning for the whole Kelantan Football Fans. I was there in the stadium & celebrated the win with another 100,000 football fans (estimated figure including Sime Darby supporters).

With RM40.00 final match ticket price, there are definitely profit & loss making sides.

Profit is surely an extra income for Football Association of Malaysia (FAM). With 100,000 supporters, this means RM4 million is created within 1 night of football occasion in  Malaysia. 

Loss (if considered as loss to many Football supporters) is because of an additional RM10.00 charge per person, needed for entering the Final FA Cup 2012 Match between Kelantan & Sime Darby. Last year FA Cup Final Match cost only RM30.00 per person.

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Some of the people I met always claim that insurance is not a profitable thing. Thus, they decided of not taking an insurance policy. I do admit that insurance is neither a making money method, nor a method that will make you richer. In my view, Insurance in Prudential is neither a profit nor a loss for each & every of our policy holder. 
Insurance is a balancing tool

If you make claim from an insurance (whenever you need it), it will help you when the time comes. But if you did not make one, it still produces you a cash value which could be taken out for your own purpose in later time. In Prudential, insurance always act as a "balancing tool" between profit & loss.

Have you got my point...?

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