24th Sep '08 - Football Fanatic? Consider A Secured Loan
Posted on Wednesday, September 24th, 2008 at 11:17am
Supporters have to foot the bill for following their favourite football team, as fuel prices continue to rise, a problem that could be solved by secured loans.
Fans have to fork out an extra 26 per cent for petrol, according to research by Virgin Money.
Portsmouth followers have to pay the most with 19 per cent of the team's supporters travelling over 5,000 miles per season, so it could be wise for Pompey fans to take out a loan.
Manchester City fans stay closer to home with 48 per cent claiming they travel less than 5,000 miles, while its rivals, Manchester United, boasts 18 per cent of fans travelling over 5,000 miles to watch their team.
"The question is, with rising ticket prices, programme costs, food expenses, merchandising and now increased fuel bills, how much more can the average punter take?," says Virgin Money's Scott Mowbray.
Football fans may stop following teams at away matches, he adds.
Rising prices has led to 26 per cent of fans saying they will cut back on games, even if they hold a season ticket.
But if you do not want to just watch matches on the TV, you could consider researching secured loans to finance you through the season.
Fans have to fork out an extra 26 per cent for petrol, according to research by Virgin Money.
Portsmouth followers have to pay the most with 19 per cent of the team's supporters travelling over 5,000 miles per season, so it could be wise for Pompey fans to take out a loan.
Manchester City fans stay closer to home with 48 per cent claiming they travel less than 5,000 miles, while its rivals, Manchester United, boasts 18 per cent of fans travelling over 5,000 miles to watch their team.
"The question is, with rising ticket prices, programme costs, food expenses, merchandising and now increased fuel bills, how much more can the average punter take?," says Virgin Money's Scott Mowbray.
Football fans may stop following teams at away matches, he adds.
Rising prices has led to 26 per cent of fans saying they will cut back on games, even if they hold a season ticket.
But if you do not want to just watch matches on the TV, you could consider researching secured loans to finance you through the season.
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