CBS - 5 Year Deal Agreed (5 Viewers)

bigfatronssba

Well-Known Member
I think the bargain basement original return deal was £300k wasn’t it? Or have I made that up? Id imagine coming back in the Championship it would be a bit more.

Got to wonder exactly how much net benefit the whole thing has had for the club.

Well certainly if you go back to 2008, how much money could the club have saved if sisu had stated their aim was to own the stadium. And then tried to acquire it through amicable means?
They should’ve got the fans onside and launched a PR campaign against the council to sell them the stadium.

Instead the got everyone’s backs up and tried to bully a children’s charity.

They could’ve ended up with the stadium and saved millions
 
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Deleted member 5849

Guest
Hmm. Five years keeps the swod of damocles hanging over us. Will we ever end up with a home?!?
 

bigfatronssba

Well-Known Member
Long term the £1.2m wasn’t sustainable and the club was being taken advantage of.

I agree.

But they took the approach that made matters worse not better.

Like cutting off your foot because on an ingrowing toenail
 

Kingokings204

Well-Known Member
bloody hell you guys this is Great news and secures is at least 5 years with clearly aims of ownership and better deals as stated in the article.
The alternative is a make believe stadium at Warwick uni. Come on enjoy this news and let’s price ST well and get more up there. This team deserves it
 
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Deleted member 5849

Guest
I agree.

But they took the approach that made matters worse not better.

Like cutting off your foot because on an ingrowing toenail
If it had worked, would have been fine in the end... but it didn't, so it wasn't.

What I do wonder if how, having finally broken Wasps and ended up with the stadium in a position for purchase, it's then that SISU have run out of cash. Rare genius, that!

Does make me wonder if they did actually want it for free...(!)
 

Hutch11

Well-Known Member
After all the problems we had with SISU please give Mr King a chance.The situation since he has taken over has been much more stable. I'm just glad it was't them doing negotiations for the ground .They had no negotiation skill any meeting they went into it was "we want" and if they tried that with Frasier Group they would not have lasted ten seconds . We would have become nomads for a year or 2 plus had points deducted give him at least till the summer and even longer.I don't know about you but already since he has come in there is a much more positve outlook.I know some is to do with what going on on the pitch but the upgrading of Ryton that is something unheard of in SISU times as for the Premier League money how much would Mark have seen out of that.
And it's all because of the great song we have for him
 

HuckerbyDublinWhelan

Well-Known Member
After all the problems we had with SISU please give Mr King a chance.The situation since he has taken over has been much more stable. I'm just glad it was't them doing negotiations for the ground .They had no negotiation skill any meeting they went into it was "we want" and if they tried that with Frasier Group they would not have lasted ten seconds . We would have become nomads for a year or 2 plus had points deducted give him at least till the summer and even longer.I don't know about you but already since he has come in there is a much more positve outlook.I know some is to do with what going on on the pitch but the upgrading of Ryton that is something unheard of in SISU times as for the Premier League money how much would Mark have seen out of that.
Don’t get me wrong - he’s got a clean slate with me. He’s started well with the training ground investment

but let’s see what happens when the prem or Gyokeres money comes in. Remember SISU, bought Dann, Fox, Eastwood, Gunarsson, Westwood, Cranie in their first 12 months

forgive me for being cautious
 

SeaSeeEffCee

Well-Known Member
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.

I think this is indicative of the high amping of good will that football fans tend to give to new owners no matter what, especially when they’re coming in after a period of poor ownership.

Like you say, King hasn’t really done anything outside of expectations so far. That’s not a bad thing, it’s good that we’ve secured our future for the time being and everything is seemingly running smoothly, but I’m not sure it’s worth of heaps of praise. The real test will be the season ticket pricing and how the summer window goes.
 

Earlsdon_Skyblue1

Well-Known Member
I'm quite surprised to open this thread and see such a negative reaction. Are we that psychologically damaged from the SISU era?

At the moment what is going on within the playing field is of the highest importance, this deal, kicking the can down the road as it might be, enables us to focus on that. At the same time we have some short-to-medium scale security.

New club owners and new stadium owners have come together and sorted a 5 year deal. I'm happy enough with that for now. It also means no Wasps - which is worth celebrating alone.

King has got it sorted, I'm sure he'll get it sorted again when necessary. I honestly think we all need to chill out a bit. SISU aren't here anymore, neither are Wasps, and we've got a shot at the playoffs. There's a lot of reasons to be positive.

Now let's go stuff blues tomorrow and really lift the fucking place.
 

Londonccfcfan

Well-Known Member
Think we already had a 8/9 term left on a 10 year licence. Before the Fraser's take over.

Nothing would surprise me...its a good deal for now depending on the terms (which we will never know about).
 

NortonSkyBlue

Well-Known Member
He did say that right at the start, just past the minute mark.
He said it not me
I heard the interview, that you can cherry pick that out of context when he was giving a what can happen scenario for agreeing a five year deal. The rational of his interview was that two new partners looking for a longer term future but hey shit can happen. Bellend? That’s what you get for putting our club on a more secure footing.
 

Boosh

Well-Known Member
I heard the interview, that you can cherry pick that out of context when he was giving a what can happen scenario for agreeing a five year deal. The rational of his interview was that two new partners looking for a longer term future but hey shit can happen. Bellend? That’s what you get for putting our club on a more secure footing.

This time last year we had a 10 year deal and now we have 5. Rejoice
 

SBT

Well-Known Member
Think the key bit of the announcement is the last bit:
It is envisaged that the new licence agreement will provide the respective parties with flexibility to continue to refine their future strategies at the Arena with a view to entering into a long-term partnership.
That seems to suggest to me that at least one of the parties involved here doesn’t plan to be sticking around…
 

Johnnythespider

Well-Known Member
It could be that the 5 years element is because King himself doesn't want to commit to more than 5 years as owner?
 

bigfatronssba

Well-Known Member
Cannot believe what I heard from him, ‘in 5 years we might lose all our players and be in league one with 9k rocking up’ it’s literally your job to prevent that you bellend.

Its his job to consider that as a possibility.

Had Brian Richardson considered the possibility of relegation from the PL then we wouldn't have been a basket case for the last 20 years.

All sensible organisations consider worst case scenarios, and look at how the business would cope. Its called stress testing.
Its something all football clubs should do, but I'd wager very few actually look at.
 

bigfatronssba

Well-Known Member
It could be that the 5 years element is because King himself doesn't want to commit to more than 5 years as owner?
That would be the opposite surely? A longer licence would increase the value of his asset
 

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