Owning the Ricoh would have made a huge difference 10 or 15 years ago, and I dearly wanted and expected it, but CCFC blew that opportunity. Now 80% or 90% of income for Premier League clubs is broadcast money, with income from other sources becoming merely nice to have:
Premier League: 11 of 20 clubs could have made profits in 2016-17 without fans at games
If people think we’d have more “identity” by building another stadium, that’s a different argument – but it would have to be pretty special and atmospheric to worth the bother, surely? In financial terms, stadium ownership (the Ricoh or anywhere else) is no longer the key to getting back to the top. Given the huge gulf in income (even with clubs in the Championship on parachute payments) the only way to do it would be through a mega-wealthy investor. Barring that, we will permanently be a biggish club in a smaller pond, and the years have taken their toll on my ambition so I’m beginning to actually be fairly comfortable with that. I can’t really believe I’ve said that, but the top flight is such a long time ago now I’ve learned to see it as almost a different sport, and an obscenely overpaid sport at that. Are we having any less fun than (say) Fulham or even Leicester fans, who must be pretty disappointed with dropping back among the also-rans in a league that’s totally dominated by half a dozen massive clubs, with everyone else in an annual battle first and foremost to simply preserve their status?