Astute
Well-Known Member
Was that nobody wanted it or was it didn't want to pay the full asking price?
Or was it ever for sale?
Will Wasps aquiring the Ricoh damage CCFC? (7 Viewers)
- Thread starter torchomatic
- Start date
Or was it ever for sale?
torchomatic
Well-Known Member
No they bought a football stadium built for the Club we support remember. Were we ever offered a 250 deal at the same price? Not that you'll care. SiSU OUT!!
fernandopartridge
Well-Known Member
Actually, I can sort of see where shmmeee is coming from. If the question is "Did the move to the Ricoh damage CCFC?" Yes. It was and is an utter disaster.
skybluetony176
Well-Known Member
How many times have you said that? Shop in the concourse for instance. Never happen according to you.
There may well be a main tenant but it's their tenant (CCFC) who can bring the main exposure and increase the potential revenue from that. This is what's happened with West Ham. They dont get all the naming rights but they do get some and it's been directly attributed to the increased value that they brought to the table by being a tenant at the stadium. They have a rental agreement not so different from our's (match day use only and no income from other events) plus the right's to the revenue streams on match days and naming rights. All things that could be negotiated under the right circumstances. Circumstances that dont seem to include SISU.
dongonzalos
Well-Known Member
You must know the reason then?
skybluetony176
Well-Known Member
What did we try to negotiate after we were invited to and AL went to see JS on the train? Who's fault is that. We were never going to get offered a deal that was negotiated under a confidentiality agreement. Why you keep perusing this line of nonsense is beyond me.
Grendel
Well-Known Member
Have you actually read the contract was ham have? It's nothing like ours and the stadium owner isn't a sports franchise so the comparison is irrelevant.
As for naming rights we have no influence on that at all and we are a league one club. The only chance of having a really rights deal is as a premier league club. Given these deals last 10 years what do you think wasps will do - tie up a deal and if we end up in the premier league lob a bit our way?
dongonzalos
Well-Known Member
“If this matter cannot be resolved by the turn of the year, then I and all of my colleagues on the Labour group on Coventry City Council will look to put in place a process which ensures the best possible deal for the people of Coventry in relation to the Ricoh Arena.”
This for me was the turning point.
This is when we should have bid if we were serious.
Unfortunately I think we felt the council had no other options so we only had one to plan to starve out ACL (IMO)
It was that decision that caused this damage and let Wasps in.
This for me was the turning point.
This is when we should have bid if we were serious.
Unfortunately I think we felt the council had no other options so we only had one to plan to starve out ACL (IMO)
It was that decision that caused this damage and let Wasps in.
torchomatic
Well-Known Member
Because it makes me angry we have been locked out our own stadium for 250 years. Regardless if you think it is all SISUs fault that fact should annoy all CCFC fans.
Not you or Schmmeee or Italia because all you care about is SISU. CcFC just happens to be collateral damage. I'm done with you and those like you to be honest. Dont reply as i will ignore it and you anyway.
Can't be doing with the pathetic little excuses anymore.
Astute
Well-Known Member
Might be thought as we got told nothing but porkies.
Grendel
Well-Known Member
Unfortunately they'd already sold to wasps well before then
covcity4life
Well-Known Member
ahahah shmeeegal voted no ahhahahah
covcity4life
Well-Known Member
we have the power of veto is all that was ever said when approached about selling to ccfc, this is before sisu came too
Grendel
Well-Known Member
Are you putting your name forward in the leadership election Tony?
Irish Sky Blue
Well-Known Member
When we came back Tim Fisher immediately said that it was temporary and that we were still building our own stadium. Council at fault or Sisu at fault?
SkyBlue_Bear83
Well-Known Member
Of course it damages us, only wasp wankers would argue otherwise
stupot07
Well-Known Member
Yes of course renting the stadium will damage the club. We can blame sisu all we want but selling to wasps was the final nail in the sky blue coffin that will almost certainly be irreversible.
1) we now no longer have the option to buy in and acquire to acl/Ricoh. That damages us by
A) we will continue to not have access to the revenues we need (talk of the west ham model is poppycock IMO, its completely different scenario)
B) it will put off any decent owner. Who would want to own a club who has no assets and gets no income from the stadium?
C) the bonds, bond interest, on top of wasps priorities means that it is almost impossible the club will have an opportunity to buy 50% at any stage.
2) competition for customers
3) competition with youth engagement and getting enticing new young fans
4) without revenues it firmly puts up a glass ceiling and almost certainly limits us to a championship-league one yoyo club at best. Pretty much every expert agrees that the revenue model doesn't work above league one. Yes, someone couod chuck in £13m pa in trying to get out the championship, but who's going to do that when they have no assets? Any new owner will want some level of infrastructure in place in order to entice them to invest in the club.
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1) we now no longer have the option to buy in and acquire to acl/Ricoh. That damages us by
A) we will continue to not have access to the revenues we need (talk of the west ham model is poppycock IMO, its completely different scenario)
B) it will put off any decent owner. Who would want to own a club who has no assets and gets no income from the stadium?
C) the bonds, bond interest, on top of wasps priorities means that it is almost impossible the club will have an opportunity to buy 50% at any stage.
2) competition for customers
3) competition with youth engagement and getting enticing new young fans
4) without revenues it firmly puts up a glass ceiling and almost certainly limits us to a championship-league one yoyo club at best. Pretty much every expert agrees that the revenue model doesn't work above league one. Yes, someone couod chuck in £13m pa in trying to get out the championship, but who's going to do that when they have no assets? Any new owner will want some level of infrastructure in place in order to entice them to invest in the club.
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hill83
Well-Known Member
dongonzalos
Well-Known Member
Astute
Well-Known Member
Both.
SISU weren't forced to negotiate like a bunch of cunts.
CCC were not forced to sell to Wasps like a bunch of cunts.
Or does anyone think that they could put a case forward for either side without making themselves look a c**t?
Grendel
Well-Known Member
Talks with derek Richardson started a year before that about acquiring the property I would say.
Suffolk sky blues
Well-Known Member
Sisu only took ccfc on for the land around the ground.
chiefdave
Well-Known Member
Spot on stupot. Everything that SISU had done, no matter how bad, was reversible to that point. New owners could have come in and there could have been a brighter future. Now we either have the next 250 years making do with what scraps Wasps will throw our way or someone has to stump up millions for a new stadium.
Said it before unless you were a CCFC fan you wouldn't even consider buying the club over any other club in the country.
Astute
Well-Known Member
If that was the case why did they waste money on shit players instead of starting on taking the 50% of ACL?
dongonzalos
Well-Known Member
But when did they sell to Wasps.
They I agree they knew there was another option hence the ultimatum
letsallsingtogether
Well-Known Member
I voted.
But the question should have been because CCFC never bought it.
But the question should have been because CCFC never bought it.
D
Deleted member 5849
Guest
It's an almightily long plan they had if so, too.
skybluetony176
Well-Known Member
I haven't read the West Ham contract. I doubt you have either. These things tend to be confidential. Only know what's been disclosed to the media and that is pretty much as I've described it.
The comparison isn't irrelevant. Regardless of it's a sports franchise or not both parties need to maximize revenue. It's the crux of their business so the comparison is totally relevant.
Of course we have an influence on naming rights. We give the Ricoh exposure and that is the point of naming rights. No I don't expect Wasps to "lob a bit our way" if we reach the premier league. Same as l don't expect West Ham to hand any back if they get relegated. Why do you talk such nonsense.
D
Deleted member 5849
Guest
skybluetony176
Well-Known Member
That would be about the time you were insisting it was a worthless white elephant that no one would be interested in while laughing at people for suggesting that a Rugby team might be interested in it in reply to you saying it was a worthless white elephant that no one would be interested in. Have you ever been right about anything ever?
D
Deleted member 5849
Guest
Precedent for the Wasps deal being made public that, too.
Surprised Les Reid hasn't been on it tbh.
Surprised Les Reid hasn't been on it tbh.
skybluetony176
Well-Known Member
That probably explains why I haven't read the contract. Doesn't explain how Grendull apparently has.
Grendel
Well-Known Member
honestly Tony I give up - either you are wumming or really ignorant on how contracts work - I'm done on this one.
Nick
Administrator
The contract is online and public isn't it?