CBS - 5 Year Deal Agreed (11 Viewers)

[Pusb1]

New 5 year deal agreed with Frasers..

 

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[ccfcmad1]

Great news

 

[Covcraig@bury]

Booooom

 

[Sky Blue Heaven]

Hopefully the start of a fantastic few weeks for the Sky Blues!!!!

 

[clint van damme]

Prefer longer but it will do for now

 

[bigfatronssba]

Would’ve preferred a longer deal.

Suggests that both sides took a tough but pragmatic approach to negotiations.

 

[Sick Boy]

How can a 5 year deal be great news? It’s still short term.

 

[matesx]

How can a 5 year deal be great news? It’s still short term.

Cos its alot better than no deal

 

[clint van damme]

ST details shortly then?

 

[Sick Boy]

Cos its alot better than no deal

Of course it’s better than nothing but it hardly provides long term stability.

 

[matesx]

ST details shortly then?

surely they will wait to see what league we are in?

 

[skybluetony176]

Too short but maybe we’re planning on buying it with our proceeds from Operation Premier League

 

[Macca1987]

5 years gives us the stability to push for the Prem even if we don't do it this year

 

[Blind-Faith]

Peace of mind for another 4.5 years before we all start worrying again! Now if they could just release the season ticket details that would be great ….

 

[clint van damme]

Too short but maybe we’re planning on buying it with our proceeds from Operation Premier League

Doug King on the phone to the uni, 'this ground you were on about building..........'.

 

[David O'Day]

How can a 5 year deal be great news? It’s still short term.

They are as per the piece still working towards a longer term deal.

 

[Nick]

Still a license, wonder if we get beer money

NEWS: Coventry City and Frasers Group plc agree new five year licence for club to play at Coventry Building Society Arena

Frasers Group plc and Coventry City FC are delighted to announce that they have agreed an extended licence that will enable the Club to continue to play at the Coventry Building Society Arena.

www.ccfc.co.uk

 

[rob9872]

Ffs we've been ground hopping and going season to season, of course 5 years is great news. Some of you will spin the negativity angle out of anything.

 

[CovInEssex]

Good stuff. Hopefully we didn't have our pants pulled down over the price.

 

[clint van damme]

Ffs we've been ground hopping and going season to season, of course 5 years is great news. Some of you will spin the negativity angle out of anything.

Do you blame people?
We had a 10 year deal that lasted 5 minutes.
It's good news, but after what we've been through only a fool doesn't look at the potential pit falls.

 

[jordan210]

Only 5 years as Ashley will need to charge more rent to the Champions of Europe

 

[rob9872]

Do you blame people?
We had a 10 year deal that lasted 5 minutes.
It's good news, but after what we've been through only a fool doesn't look at the potential pit falls.

So on that basis you'd have welcomed a longer deal that could still broken. That makes perfect sense.

 

[Evo1883]

New 5 year deal agreed with Frasers..

Isn't a license what we wanted ? Better than just rent ? Or am I wrong

 

[clint van damme]

So on that basis you'd have welcomed a longer deal that could still broken. That makes perfect sense.

I welcome this deal, but recent history tells me not to start doing cartwheels.
And this is still only a licencing agreement.

 

[shmmeee]

Isn't a license what we wanted ? Better than just rent ? Or am I wrong

No we wanted a lease. License is what we had.

 

[SBT]

It’s good news but a five-year licence is really just kicking the can down the road.

In terms of the big questions - where are we going to play long term? Can we reconfigure the seat allocation or get safe standing? Can we make more money off matchday revenues? Can we be sure that Wasps or some other sports team won’t parachute back in? - none of those get sorted by today’s announcement.

 

[shmmeee]

Maybe it's because the stadium owners want to see what division the clubs playing in before settling on cheaper rent long term

I don’t see why you couldn’t just put clauses in TBH, same if we get relegated. Well actually I don’t see why our division makes a difference to its market value but there you go.

 

[torchomatic]

Five years will fly by. Got one of those photo memory things on my phone just now. Five years ago I was at Waddam Road seeing us stick six past Cheltenham.

New video by In-Flight Entertainment

photos.app.goo.gl

 

[Evo1883]

I don’t see why you couldn’t just put clauses in TBH, same if we get relegated. Well actually I don’t see why our division makes a difference to its market value but there you go.

Yea I deleted the post because of this , you caught it quick

 

[Robinshio]

A license with a proper business that will survive the duration of the license

 

[fernandopartridge]

Isn't a license what we wanted ? Better than just rent ? Or am I wrong

License doesn't give the club the level of security that a lease does but on the other hand doesn't give them the same level of obligations.

FG I guess will want to work out what sort of arrangement makes better commercial sense for them in the long term, they've only been here a few months.

 

[MAFF]

Don't wanna be negative but the Twitter reaction has been nauseating.

Tweets like these are utter bollocks.



SISU gave new deals to O'Hare and Hamer
Kept Robins
Signed a CBS deal double the length of King's

King has done nothing that SISU couldn't/didn't do.

 

[Offhegoes]

Stars are all aligning, what with our rivals losing this week, and now the CBS future sorted (for 5 years anyway). Don't blow it tomorrow City. Oh, and.....Come on Blackpool

 

[rob9872]

Let's he honest I'm sure licence or lease could be broken, but as we only have the stadium on the days of games it might make a lease difficult, but hhen I don't really understand all the legalities, simply happy to have a future sorted. 5 years is a long time in football.

 

[ajsccfc]

It sounds like good news if way before the end of these terms they have something more long-term put in place, which the wording suggests is their goal. I can't pretend to understand the ins and outs of licences and leases so I'm just happy we're playing where we should be and not wondering about August.