TheRoyalScam
Well-Known Member
.....no new stadium then?? http://www.coventrytelegraph.net/news/coventry-news/coventry-city-fc-chief-says-10978189
Surprise, surprise.... (5 Viewers)
- Thread starter TheRoyalScam
- Start date
SkyBlueZack
Well-Known Member
Meh. Meh. Meh.
standupforcity
Well-Known Member
Well I'm glad that's all over....or is it!!!!
Skyblueweeman
Well-Known Member
Surely this is good news?? No??
Happy_Martian
Well-Known Member
Considering all that consultant pay we gave Fisher to find and prepare for the new stadium while Waggott actually tried to run the club, can Sisu take him to court and get some of it back ? :facepalm:
Skyblueweeman
Well-Known Member
They could say yes. Just a thought like.
Grendel
Well-Known Member
To naming rights?
Otis
Well-Known Member
It's bleedin obvious news and the likes of OSB amongst others have been banging on about this for a couple of years now.
We all knew a new stadium was never going to happen. I know Italia has his detractors, but isn't this pretty much what he's been saying too? That we are stuck with where we are and we have to work with what we've got.
We all knew a new stadium was never going to happen. I know Italia has his detractors, but isn't this pretty much what he's been saying too? That we are stuck with where we are and we have to work with what we've got.
SkyBlue_Bear83
Well-Known Member
Basically he's said we need an equal partnership at the Ricoh, maybe not in terms of actual ownership but equal in all revenue streams, branding, advertising, club shop etc. and all the other important areas.
The general opinion is Wasps won't be open to that so its back to square 1, if he can make it happen then fair play but I doubt it.
The general opinion is Wasps won't be open to that so its back to square 1, if he can make it happen then fair play but I doubt it.
Grendel
Well-Known Member
No he's been saying we have a deal of renting as we are. This is saying we want to be renting as if ACL are an independent overseeing two sporting clubs
He mentions premiership as that is always the issue. If the club gets to that level the reciprocal benefits to the stadium are huge and the hint is the football club should be the main benefactors.
Otis
Well-Known Member
And we need to move this club forwards to get to that scenario.
shmmeee
Well-Known Member
Always good news when the club spends precious time, money and karma with the fans to mislead an entire city.
oldskyblue58
CCFC Finance Director
Well there's a shock.
It would be easy to say told you so but there are a couple of caveats to what he is saying aren't there
1) Just how are they going to pay or compensate Wasps for giving up some of their income? CA surely cant expect it for free or on the basis that we are now or will be a "successful team" Where do we get the money to buy in?
2) Wasps know we haven't got anywhere else to go
3) going to need to get it past Ms Seppala who has to this point steadfastly refused to form partnerships of the sort indicated
Any income stream, including naming rights, could be for sale to say otherwise is simply wrong....... the stumbling block is what it costs or how it is paid for
Not sure he is saying it has to be equal partners but it has to be better. So how are CCFC going to invest in this partnership to convince Wasps that they should match it. Dreams of being Premiership are not going to cut it
Underlying all this is CCFC need success on the pitch to make us a must have rather than just another tenant. That's not happening at the moment is it :thinking about:
It would be easy to say told you so but there are a couple of caveats to what he is saying aren't there
1) Just how are they going to pay or compensate Wasps for giving up some of their income? CA surely cant expect it for free or on the basis that we are now or will be a "successful team" Where do we get the money to buy in?
2) Wasps know we haven't got anywhere else to go
3) going to need to get it past Ms Seppala who has to this point steadfastly refused to form partnerships of the sort indicated
Any income stream, including naming rights, could be for sale to say otherwise is simply wrong....... the stumbling block is what it costs or how it is paid for
Not sure he is saying it has to be equal partners but it has to be better. So how are CCFC going to invest in this partnership to convince Wasps that they should match it. Dreams of being Premiership are not going to cut it
Underlying all this is CCFC need success on the pitch to make us a must have rather than just another tenant. That's not happening at the moment is it :thinking about:
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skybluetony176
Well-Known Member
Very refreshing and it's good to see Mr Anderson is a Wasps lover like myself, Italia and a few others.
What is Mr Fisher for again? He's looking more surplus to requirements than ever. Cheerio and don't forget to shut the door on your way out is what I say.
What is Mr Fisher for again? He's looking more surplus to requirements than ever. Cheerio and don't forget to shut the door on your way out is what I say.
Skyblueweeman
Well-Known Member
To some/all of the 17 areas he mentioned would need negotiating. Did you read the article G?!
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Sumo the Micky Quinn
Well-Known Member
Oh it's Thursday today isn't it.
IrishSkyBlue
Facebook User
Somebody might be able to answer this for me, roughly with whats been said now are we better off for now as our outgoings versus or incomings renting from wasps, if we did get new stadium wouldnt our rent aka mortage on new stadium be higher then what were paying wasps now so more outgoings there wed be more in debt and hard to pay back? if we went up and current rent situation with waps i wonder what kinda money we would make if a new deal was struck with wasps compared to being in debt with new stadium?
stupot07
Well-Known Member
Good luck with that Chris.....can't see wasps allowing us access to those revenues, and can't see sisu buying into them.
Still think he's talking shit about the current deal in the championship, he seems to ignore the other 23 clubs will also have that additional review he says we will get from being there.
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
Still think he's talking shit about the current deal in the championship, he seems to ignore the other 23 clubs will also have that additional review he says we will get from being there.
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
Otis
Well-Known Member
But that's just an if isn't it. Let's see the questions asked and see what happens first.
How likely that all 17 points get turned down? Let's just wait and see I say.
AFCCOVENTRY
Well-Known Member
I'm sure an article will appear tomorrow where Mr Anderson states no club can be successful without owning their own stadium...
skybluetony176
Well-Known Member
With regards to naming rights (assuming that they're still available) there's nothing stopping the club going out and finding a sponsor, set up a deal and then take a finders fee/commission for setting a deal up.
Otis
Well-Known Member
I wouldn't say surprise, I would say total shock!
Astute
Well-Known Member
I was expecting you to tell Anderson how much he is wrong just like you have to all of us that have said the same as he has.
dongonzalos
Well-Known Member
Hopefully even you can work out how that one always pans out in life.
Someone with the product and potential. Someone with the platform that can get them there.
You got give a chunk to get that platform.
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SkyBlue_Bear83
Well-Known Member
Considering how well negotiations have gone in the past I don't see why a deal which involves 17 different areas of discussion would be a problem.
Liquid Gold
Well-Known Member
This to me looks like we're setting up for a media strategy against Wasps, if we go to them with 17 demands that are not commercially acceptable (remember they are owned by a hedge fund too) then they will refuse and the club can say 'wasps are standing in the way of our progress'
SkyBlueSid
Well-Known Member
Is there anyone at all, on this forum or elsewhere, that has ever seriously believed that CCFC were going to build a new stadium? I don't know anyone who believed it 2-3 years ago, and following all the lies about sites and deadlines surely even the most rabid Sisu apologist hasn't believed it in more recent times.
I do wonder though - did that Garlick woman ever believe it was likely to be built? Or did she fall for a con-trick, or - more likely - did they just pay her to front the nonsense?
I do wonder though - did that Garlick woman ever believe it was likely to be built? Or did she fall for a con-trick, or - more likely - did they just pay her to front the nonsense?
oldskyblue58
CCFC Finance Director
so getting in the Championship will double revenue.
Ok look at the 2015 accounts -- Turnover was 4.7m Lets be on the positive side say revenue increases by 7m Round terms 12m in total and has nothing to do with changing the stadium deal
Wages will more than double - to be competitive I wouldnt mind betting near treble. In the accounts to 2015 they stood at 5.2m. Just doubling takes up nearly all the turnover and because we are self sufficient where is the money for things like transfer fees, buying in to income streams, other operating costs coming from?
Yes we need all the extra income we can get but think about the sums involved the vast majority of the football related income still and always has gone direct to the club. He talks about Swansea, 85% of their income comes from media - in the same position we wouldn't need to rely on Wasps to achieve that
I do not see Wasps sharing the other non football incomes such as conferences, rent, events etc. But what is to stop CCFC putting events on for themselves?
Ok look at the 2015 accounts -- Turnover was 4.7m Lets be on the positive side say revenue increases by 7m Round terms 12m in total and has nothing to do with changing the stadium deal
Wages will more than double - to be competitive I wouldnt mind betting near treble. In the accounts to 2015 they stood at 5.2m. Just doubling takes up nearly all the turnover and because we are self sufficient where is the money for things like transfer fees, buying in to income streams, other operating costs coming from?
Yes we need all the extra income we can get but think about the sums involved the vast majority of the football related income still and always has gone direct to the club. He talks about Swansea, 85% of their income comes from media - in the same position we wouldn't need to rely on Wasps to achieve that
I do not see Wasps sharing the other non football incomes such as conferences, rent, events etc. But what is to stop CCFC putting events on for themselves?
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Otis
Well-Known Member
Yep! You keep saying this OSB and it continues to keep making sense.
dongonzalos
Well-Known Member
There was a few yes a recall debating with them that it just isn't commercially viable
oldskyblue58
CCFC Finance Director
and fair play to Italia, Tony etc in amongst their posts have been some of what Anderson has said in this article...... CA is applauded for saying it, others not and derided..... go figure :facepalm:
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skybluetony176
Well-Known Member
An evening with TM would have made more sense at the Ricoh for example. They could run a few of them a year involving the ex players association. The clubs owners have links with AEG, why couldn't they get them involved with attracting events to the Ricoh as a three way partnership with Wasps? There's always more than one way to skin a cat.