Accounts - just a heads up (7 Viewers)

[fernandopartridge]

My question on the attendance level certainly needs attending. Every project viability or business plan begins with known incomes, from which operational costs are deducted. Match day attendance is the only known income, as cup runs and TV monies are variable and staccato.

Current attendance levels make any project non viable. So where's the science behind increasing attendances back to whatever levels exist in their viability plan? I'm was a season ticket holder. They have me, and thousands like me on a database. They know who's going to Sixfields. They know who's not. There's been no engagement with the latter with regards potential attendance to put into any business plan.

They simply would not start constructing a new facility without viability plan, which in itself would be meaningless without input from those who provide the income. It's all not there. Like the site. Like the announcements.

Every bit of evidence points to this 'project' being no more than bluster. And if it is, it needs to be demonstrated as such, as it points toward the move out of the city as being wholly unnecessary

Likewise. using your assumptions, current attendance levels mean that moving back to the Ricoh is also unviable.

 

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[Mary_Mungo_Midge]

Likewise. using your assumptions, current attendance levels mean that moving back to the Ricoh is also unviable.

There's a very different situation across both scenarios that make any such comparison worthless. If they move back to the Ricoh, with low rentals and say a three year agreement; the worst they could do would be to lose the value if the rental agreement if crowds stay low. If they built a white elephant, for tens of millions and nobody turned up; their losses could be twenty times as much as any leasehold Ricoh deal.

Your comparison doesn't stack up against the point I was making. The planning and diligence behind a new build should be an order of magnitude different to returning on a rent deal. And I don't see that planning

 

[Jack Griffin]

Likewise. using your assumptions, current attendance levels mean that moving back to the Ricoh is also unviable.

Current attendance levels will be a thing of the past if the club returns home. Crowds would be 10,000 minimum.

 

[torchomatic]

I should hope a lot more than that if we returned to the Ricoh.

Current attendance levels will be a thing of the past if the club returns home. Crowds would be 10,000 minimum.

 

[skybluericoh]

Current attendance levels will be a thing of the past if the club returns home. Crowds would be 10,000 minimum.

wold like to think so but there are many- I'm one, that don't even know who we are playing next week. I don't even know if we will be at six fields or a proper away game. The way they have ran the club for the last 12-18 months they have last quite a few and it would take a complete change of marketing / engagement onto of a move back to Coventry to repair the damage.

 

[skybluericoh]

My question on the attendance level certainly needs attending. Every project viability or business plan begins with known incomes, from which operational costs are deducted. Match day attendance is the only known income, as cup runs and TV monies are variable and staccato.

Current attendance levels make any project non viable. So where's the science behind increasing attendances back to whatever levels exist in their viability plan? I'm was a season ticket holder. They have me, and thousands like me on a database. They know who's going to Sixfields. They know who's not. There's been no engagement with the latter with regards potential attendance to put into any business plan.

They simply would not start constructing a new facility without viability plan, which in itself would be meaningless without input from those who provide the income. It's all not there. Like the site. Like the announcements.

Every bit of evidence points to this 'project' being no more than bluster. And if it is, it needs to be demonstrated as such, as it points toward the move out of the city as being wholly unnecessary

If they contact me and asked ' would you renew your ST if we build a new ground?' I would say say and so would all my family and we will go back to a 12 ST group again. But the truth is don't think any of us would go back unless it was the ricoh or better equipped, located etc. And new owners or excitement.