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Post by MyAdia on May 18, 2011 8:02:49 GMT -5
Unprecedented than any other modern European royal wedding is the lack of public discussion by the people in Monaco people and its media about the cost of Prince Albert's wedding and who is paying for it. This thread is dedicated to any news item (there's absolutely not one single item yet), information and of course opinions about the cost of this wedding and who is paying for it - sponsors, the government of Monaco, Prince Albert,or a combination of all three.
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Post by paca on May 18, 2011 8:36:42 GMT -5
Well we know that Mont Blanc is offering the pen. You can check how much these pens usually cost. They just opened shop here, so I guess they consider it part of their annual suck up/corruption down pay. Since it is a German company they should be careful because this kind of thing falls under German law under corruption. Siemens did this for a long time and got in trouble. they will most likely also deduct this as marketing item from their taxes so they have to be really careful. the wedding of a head of state is not tax deductable in Germany.
We also know that Toyota will provide them with a special limousine. This as well will probably be deducted under marketing some where in their books. I think tax officials better get their pens out and make sure that this is not written off on the taxes of any country. I don't think that any German would understand why they should be sponsor to the wedding of the head of state of a country where a lot of German tax money is stashed. Mont Blanc is on the way of getting themselves a bad image for tying themselves to Monaco.
Also there will be 200 BMW used for the VIPs. Someone should ask whether BMW is paying for it. With all these German sponsors I think someone ought to put some serious sniffing media onto this. Wulff has said he would attend and he is tied to a corrupt business guy. I really want to know whether these companies will really pay for this or whether they will be allowed to write it off and then under which law....they certainly do not do this out of the goodness of their hearts
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Post by paca on May 18, 2011 8:46:40 GMT -5
Also we know that there is the Eagles concert. Anyone know what equipment is needed andhow much it costs to renT; add to that rent for the stadium ; then you need to add staff before, after and during. You need roadies for the equipment. The band wants pay. guess they will be about 1million plus extra at least. They usually have specific lists of what they want, all detailed down to the exact water they drink and food they eat. All the extras are not included in their charge.
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Post by paca on May 18, 2011 8:55:50 GMT -5
Jean Michel Jarre does a light show and fireworks. We have the fireworks festival every year. there might be numbers about it available online just for reference. I think the Andre Heller big ones used to cost around 2 million many years ago, so I think we would be safe to say that this will cost at least only for putting it on. the port is free, but you need to have security around and clean up afterwards. So my guess would be on 3 million for that part. they organized additional trains for this one so depending whether these are free or not I think you need to add between 1 or 2 million.
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Post by paca on May 18, 2011 9:00:15 GMT -5
here is a cheap part: the evening of the civil ceremony the Monegasques are treated to drinks etc. as they are not many and since I have witness the July 12th catering, I think this one is a cheap one. Food is pretty standard, inexpensive. drinks are champagne, orange juice and water. We know that the champagne is being sponsored. Security will not need to be high as they only need to seal off the road up hill, the place and the rampe majeur. So this will be no more then 500000 all inclusive.
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Post by paca on May 18, 2011 9:04:27 GMT -5
Another thing that will have to go into the calculation: the 2 wedding days are public holidays. this means that shops do not open. This means a loss of business and revenue to the state. Also it is a paid holiday so the social security will have to fork out money for the 35000workers that come here everyday plus those who live in Monaco, so roughly 50000 get a 2days pay.
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Post by suite583 on May 18, 2011 10:46:02 GMT -5
Many thanks for you, Paca! Posting so much in a speedy time. Karma.
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Post by thtregoddess11 on May 18, 2011 11:10:25 GMT -5
^Paca, the shops will be open. Or most of them anyway due to all the tourists, and Monaco doesn't have social security. Here's a list: Charlene's outfits: roughly *(thinking Kate's cost $434000 for 3...divide that, multiply by 7)$1,012,260.67 the ceremonies: Civil:?? Religious: ?? Food: probably around $100/head, and figure 4000 people attending...so: $4,000,000 right there Transportation: (200 BMW Limos and that lexus):roughly $4M the parties and concerts:roughly like 4m Misc expenses: roughly $5M Of course, all of this is offset by people buying those ridiculous souvenirs...
right. Whatever. With souvenirs like that, I'll bet the majority of the cost is gonna come out of the pocket of His Serene Highness....
WAIT! I just noticed! The BMWs, the concerts, the lexus, the alcohol, and stuff like that are all SPONSORS of the wedding and Royal Couple...here in the states that usually means that the Sponsors are donating their services to get their name on a "high profile event"...so if that's true there...all that stuff was given to them...hahaha
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Post by grimnir on May 18, 2011 13:27:43 GMT -5
I believe I once read that they had some savings reserved for the wedding of the next sovereign. But.... this being Albert and seeing the circus they've made of it and taking into account the happenings of the past years, I wouldn't be surprised if the wedding was sponsored by all and sundry and the rest of it by the state's budget. (Hence the shortages in said budget). The nest egg of course ends up in Albert's pockets.
This wedding is getting dafter by the minute, with both bride and groom marrying in white (definitely not Albert's colour), the Monaco wedding as a fob to the country while the real party is being held in SA - far from prying eyes, this sponsored, commercial circus thinly disguised as a wedding, two wedding dresses made by two different designers, the fact that someone felt the need to smear the event out over two days instead of making it one wedding day, the gloom and doom when the happy couple is together, is there anything normal and positive about this charade?
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Post by paca on May 18, 2011 14:39:29 GMT -5
^Paca, the shops will be open. Or most of them anyway due to all the tourists, and Monaco doesn't have social security. Here's a list: Charlene's outfits: roughly *(thinking Kate's cost $434000 for 3...divide that, multiply by 7)$1,012,260.67 the ceremonies: Civil:?? Religious: ?? Food: probably around $100/head, and figure 4000 people attending...so: $4,000,000 right there Transportation: (200 BMW Limos and that lexus):roughly $4M the parties and concerts:roughly like 4m Misc expenses: roughly $5M Of course, all of this is offset by people buying those ridiculous souvenirs... right. Whatever. With souvenirs like that, I'll bet the majority of the cost is gonna come out of the pocket of His Serene Highness.... WAIT! I just noticed! The BMWs, the concerts, the lexus, the alcohol, and stuff like that are all SPONSORS of the wedding and Royal Couple...here in the states that usually means that the Sponsors are donating their services to get their name on a "high profile event"...so if that's true there...all that stuff was given to them...hahaha sorry, but that is not true. the shops are not open.it's a public holiday on both days,hence no workers coming; And yes Monaco has social security. They don't have income tax. They do have TVA and they also tax businesses so the state will lose out. WIth all the freebies people will not be spending much on those days anyways. Streets were empty during Tour de France. It was a huge loss and shops were open. Restaurants complained because they had hired extra staff after the same people who now tour the globe that 200000 people will come to Monaco for the wedding said that 100000 would come for the tour. If they were lucky they had 2000 on top of those who had to be there.
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Post by thtregoddess11 on May 18, 2011 15:49:34 GMT -5
^ Wrong. Shops employing 30+ people will be and/or have the option to be open. And Monaco doesn't have social security, just inheritance tax. Rich people don't need social security.
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Post by paca on May 18, 2011 17:46:01 GMT -5
^ Wrong. Shops employing 30+ people will be and/or have the option to be open. And Monaco doesn't have social security, just inheritance tax. Rich people don't need social security. please don't tell me what we have or not. I live here, so I think I should know. Monaco has a lot more taxes then you think: there is even tax habitation...guess that one will be going up seeing that they consider this circus entertainment
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Post by suite583 on May 19, 2011 17:15:06 GMT -5
Just right, paca.
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Post by paca on May 19, 2011 18:32:08 GMT -5
Busses, parking and most museums will be free. Ok there aren't that many museums of interest around, so at least they might get the odd visitor instead of being empty as usual in summer. Busses will probably not be that expensive, but parking for 2 days is heaps. they charge around 3 Euros per hour. Add up all the parking available in MC, times 3 times 48....huge loss of income, as parking especially during the weekend is hard to get. And you can bet that lots of people from Beausoleil will block the free parking space instead of parking on the road as usual...
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Post by MyAdia on May 20, 2011 7:59:23 GMT -5
FINALLY! Someone in Monaco raised the question of a BUDGET and COST. Get this - the government states the first budget of 4 million euros ($5,700,000) was primitive and now they are basically stating that a budget doesn't matter. Monaco believes that his wedding is an investment since the world will be watching. Studies of its financial impact will be done over the summer. I CAN SAVE YOU LOTS OF MONEY - IT'S GOING TO BE A BIG FLOP - FINANCIAL IMPACT ZERO! Excerpt about the Monaco Matin about the budget Budget: "Too early to tell"
Monaco big players in this event to which cameras around the world should be steered toward the Rock. Flagship event for government services, marriage is also a financial investment. What is the budget? For the Minister of State is "too early to answer," recalling that "a $ 4 million has been budgeted primitive. The goal is for a wonderful celebration. That visitors keep these three days a fond memory. " He added: "The business is not the goal. Economic impact of the event, we will launch studies during the summer. "
On the organization, the State services say they are ready. "The safety of princely marriage is a priority but assured everything will be done for those who want to access in Monaco," said Paul Masseron, Government Counsellor for the Interior. An axis of movement is marked between the Rock and Monte Carlo to deliver the delegations to the courtyard of the Palace, July 2 from de14h30. Place called "zone or sanctuary" and accessible only to duly accredited persons. Like Major ramp and the courts of Paris hotels and Hermitage.
But tourists can travel freely throughout the territory and even climb on the Rock where only the area of marriage will be closed. And for good reason, "in Monaco, we have the know-how in this kind of event. We want to ensure good attendance in shops and bars, "noted Michael Bouquier, Delegate General for Tourism. The stores will open (see Monaco-Matin, 12 May), some restaurants should offer a champagne brunch (wink british William & Kate?) And a series of events and street entertainment is planned to entertain the crowd throughout the day on July 2. The official program should be unveiled after the Grand Prize.
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Post by paca on May 20, 2011 8:51:11 GMT -5
well, I can assure you, if anyone in Monaco posed the question aloud, then you can be certain that a lot of people are not at all happy with this wedding and don't see the point. And those not happy are Monegasques!!! I tell you with everything Albert has mucked up so far they will not forgive him at all if he divorces and if the situation doesn't soon get better. These two might not have planned to stay married, but if they don't some people will be very angry. And I have no doubt that people will force Albert to step down. He is paving the way for people to kick them out. Monegasques are not stupid. Unlike what ALbert and his entourage think.
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Post by emmeline on May 20, 2011 12:16:53 GMT -5
well, I can assure you, if anyone in Monaco posed the question aloud, then you can be certain that a lot of people are not at all happy with this wedding and don't see the point. And those not happy are Monegasques!!! I tell you with everything Albert has mucked up so far they will not forgive him at all if he divorces and if the situation doesn't soon get better. These two might not have planned to stay married, but if they don't some people will be very angry. And I have no doubt that people will force Albert to step down. He is paving the way for people to kick them out. Monegasques are not stupid. Unlike what ALbert and his entourage think. This what you say it seems promising. And i actually think it will happen!
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grandduchess
Full Member
The happiest royal couple ever!
Posts: 165
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Post by grandduchess on May 20, 2011 18:31:15 GMT -5
I think that the formula for all of Trashlene's expenses is as follows:
(Mary x Letizia) divided by (Maxima) plus Kate's at 3 exponential.... ;D
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Post by suite583 on May 21, 2011 6:23:02 GMT -5
Grandduchess, wonderful mathematics! They might take the cost from Conlenes princess fund.
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Post by paca on May 21, 2011 6:55:52 GMT -5
I think we need to add the Million Euros for amfar as well, since it is part of the marketing of the wedding. Trashys outfit will surely figure on that bill too.I don't think that Albert will want to pay for any of her public appearances. Word has it that he is very tight on his own money.
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