Can you think of another venue that can do concerts, and have an exhibition hall and casino? Is there anything else quite like the Ricoh per se?!? Especially immediately adjacent to a motorway?
Besides, would it need a permanent tenant?
Let me expand on the above. We've seen matches at the Ricoh, such as Cardiff Blues against Northampton Saints, or Saracens against Munster that have drawn big crowds - the latter being over 28K for example. In fact so much hospitality was needed, the exhibition hall had to be opened to accommodate eaters/drinkers. Now look at what Harlequins are doing with their 'Big Games' Over Christmas, they moved to Twickers for the London Irish game, and sold out 82,000. Their 'normal' gates are closer to 14K as that's the stadium capacity.
Think about Northampton - just down the road. Still a top half Premiership rugby team. What if they played all of their Premiership games at Franklin Gardens, at 13.5K capacity, but played one or two 'big games' at a re-branded Ricoh a season? Let's say the Leicester Tigers game, as an example. And what if they played their Heineken Cup (European) games at the Ricoh?
I'm sorry old boy, I then see 6 to 8 gates of 25K+ a season at the 'Home of Northampton Rugby'. Doesn't sound nice, does it?
However, it could be closer to financial reality if ACL's claims are true