Where do things stand now? (2 Viewers)

[@richh87]

...so why has uncle Joe and his cohorts Haskell and Hoffman made a move? The chance of any of these ideas seemed to die months ago. Anyone attempting to buy the stadium (in any form) would take a huge risk that they could procure the club from SISU?
Not going to happen is it?

There is a hell of a lot of value in developing the land around the Ricoh. The plan is for there to be hotels and other things such as more shops; not to mention there'll be a train station (eventually).

Ideal for Haskell.

 

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[sky blue john]

There is a hell of a lot of value in developing the land around the Ricoh. The plan is for there to be hotels and other things such as more shops; not to mention there'll be a train station (eventually).

Ideal for Haskell.

Could the Train station project if ever built have an adverse effect on parking revenue ?

 

[@richh87]

Could the Train station project if ever built have an adverse effect on parking revenue ?

Could do if attendances stayed low, but if we had some good times (surely it's our turn), then there isn't enough parking IMO.

Also the trains would make it a more attractive venue for events and for shopping etc. it'd massively outweigh a bit of a loss on parking I think.

 

[Grendel]

There is a hell of a lot of value in developing the land around the Ricoh. The plan is for there to be hotels and other things such as more shops; not to mention there'll be a train station (eventually).

Ideal for Haskell.

If its such a gold mine why haven't the council developed it already? Why haven't investors been banging on the door for years?

As for more shops you only have to look at the "quality" of most of the new shops that are already there to answer that.

 

[Astute]

If its such a gold mine why haven't the council developed it already? Why haven't investors been banging on the door for years?

As for more shops you only have to look at the "quality" of most of the new shops that are already there to answer that.

Because people like you would moan about the council putting money into the arena.

 

[oldskyblue58]

I hope you don't mind but I'm re-posting something I wrote in another thread which was a bit buried but I wanted to share. OSB, when you query what's in it for SISU I think it's possible to consider that SISU have achieved their aim, that is to unify the Arena and the Club into a future sale thereby raising the value of the club:

I was thinking through this question the other day and remembered Fisher recently stating that when SISU bought CCFC they identified two possible ways to make profit:
1. Take the club into the Premiership and then milk the money this provides, or
2. The normal SISU operation which is to turn round a failing business and sell it for a profit.

Now, if you consider that option 1 is a long way off and involves a huge amount of financing to build the new stadium etc then the only reason they can be holding on to CCFC is for option 2. To create an attractive offer to buyers they would need to:
A. Unite the stadium and the club, and
B. Demonstrate a positive future on the pitch

Deadline day's passing brought home a thought to me that SISU have actually achieved both of these things. By refusing to sell key players at a time when we're scoring so freely any prospective bidders would feel confident the team will progress and open up revenue for the future. Inadvertently, I think, by moving out of the Ricoh SISU have demonstrated that there must be a uniting of the club and stadium. Rumours that ACL will deal with Byng or Haskell would suggest that whoever it is that buys the club will almost inevitably be guaranteed the purchase of the stadium (or 50% with management of it). Therefore, without actually owning the Ricoh SISU have tied the stadium and club together.

None of this is to praise SISU. I am firmly in the NOPM camp and believe their tenure as owners has been awful (in every way). I just think that, possibly, a very hard-nosed exit strategy which reduces losses to a minimum could now be in place. Like so many people I just cannot see that a hedge fund would prop up a football club just for the love of the game. I hope this isn't just wishful thinking, just a train of thought which tried to work out what was in it for SISU.

no problem in you putting your view forward chorlton at all..... we dont all see things the same and we need to get things expressed

I can see what you are saying but I think it makes some leaps of faith

firstly you seem to assume that the aims of SISU are focussed on the football club, you may be right but I think they see CCFC as a tool to an end nothing more

The worry for me is if CCFC is merely the tool then tools can be discarded. People will say they wont want to lose the money, well will they lose it all or would they mitigate it by large tax reliefs on the losses?

It is a bit early to say that the club has turned the corner on the pitch, every team has a bad run what happens when we do, what happens when the size and age of the squad takes its toll. Things might look better to the fans on the pitch but has it added worth ? We are still saddled with massive debt

They presently have no legal right to occupy the stadium so hardly united so far. What happens if ACL find other uses and income sources for the stadium bowl? That might reduce the need for CCFC to be there at all, in which case the best deal they might get is as a tenant on a rolling 10 year contract.

I would think they were desperate not to sell players simply because the squad was so small. Plus there are not that many players in the squad that would command a decent fee that might entice a sale. Will that remain the case?

I dont think moving out has demonstrated the stadium and club must be united at all. It might from a CCFC fan point of view but that isnt the only point of view involved. What moving out has demonstrated so far is that fans wont travel to Northampton in any great numbers no matter how well the team is playing. It is a gamble and you dont win every gamble. What happens if someone buys an interest in ACL before the Club? What happens if something more profitable for ACL replaces CCFc usage of the stadium bowl? What if CCFC can only come back as just another tenant?

I dont think SISU have tied the club to the Ricoh at all, it could work out that way but there is also an argument that it could have done quite the opposite and that CCFC is potentially a franchise scheme or perhaps more extreme a replacement for NTFC.

Not sure that the uniting of the club to the stadium is any stronger...... it could be weaker under SISU if ACL go in a different direction and are successful