PatMan, I posted this on another thread, but there is research suggesting that a cost reduction alone doesn't really help other than in the very short term.
What does work, however, is a price reduction in conjunction with other clever promotions. We will need an active, clever, and diligent marketing effort to pull such an organized campaign off. But it can be done.
The best example on this side of the ocean is minor league baseball. The Durham Bulls, who play in the AAA International League--one level below major league baseball, average more than 7000 fans for each home game. And they have far more home games than a football club, of course. But the ticket prices are very modest. The best seat in the house last year when I last attended was lower than our adult price. But their are constant promotions, not only before each game, but also in between innings. Obviously, football doesn't have that opportunity, but it certainly gives the opportunity to do something interesting before the game and during halftime.
The other thing that's obviously a huge money-maker is food and souvenirs. David Davis is already sorting out the food offerings. More choices is the way to go. But we drop the ball with our sparse souvenir offerings. For example, Durham Bulls Athletic Park has two or three full-service stores in the stadium that remain open before, after, and during the game. And they offer a huge line of merchandise and no child can walk past without having to go in. In addition, players are often on hand after the game to sign merchandise in the shops as fans go through the shops on their way out of the stadium.
Yes, AAA baseball is higher in the pecking order than BSP football. And they can keep tickets a little cheaper because they have more home games each season. But I think we can still adapt some of their successful marketing techniques to our own unique needs.