olderskyblue
Well-Known Member
According to Rob S
- For League 1 in the £175k–200k range. Would increase if we got promotion to Championship/Premier League (!). Rent is payment to use the stadium match day facilities.
CCLSC conversation with TF (4 Viewers)
- Thread starter ccfcway
- Start date
According to Rob S
You don't know anymore than I know what the figure is but it's in a secure account (escrow) and the FL who are arbitrating on the matter are happy with the amount.
Why not wait and see what the exact figure is before slagging off just one of the parties, as per usual!
I didn't say the club should own the Ricoh, did I?
The club and ACL should be owned by the same owner - whoever the current owner is.
Why it hasn't happened yet? Well, ask the council. They don't seem interested in losing their part of ACL and they even seem adamant to stop any attempt of Higgs selling their part.
fernandopartridge
Well-Known Member
Fair enough. It's quite vague. Do facilities include the food and beverage outlets? Car parks? How much do they cost to run on a match day?
Or how much CCC / ACL really want CCFC there or whether they still see the Ricoh primarily as a "cash cow" for CCC?
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fernandopartridge
Well-Known Member
olderskyblue
Well-Known Member
All from Rob S
- Three-year contract with one-year rolling if required.
- Priority use of stadium on match days.
- Rent benchmarked to division the club is in.
- Club pays match day costs.
- Access to F&B revenues for days the club is renting the stadium
Some more detail:
- So only paying for 23–30ish days per season.
- Would need some details looked at to cover any cup replays or other last minute schedule changes, e.g. TV
- For League 1 in the £175k–200k range. Would increase if we got promotion to Championship/Premier League (!). Rent is payment to use the stadium match day facilities.
- Club match day costs are for things like stewarding, police, medical & emergency etc.
- The eternal food & beverages issue. No idea what the club would want but I'd imagine Compass wouldn't be too unhappy sharing a percentage of the revenues of an extra 250,000ish punters a year.
- Potential increase in revenues for other arena tenants, e.g. De Vere Hotel, Casino.
- Ditto for the rest of the city, e.g. buses, taxis, pubs, chippies, local sports & social clubs that rent out parking space, etc.
- Sponsors, e.g. Ricoh, Jag
- Etc.
skybluetony176
Well-Known Member
Only the parties involved know what was or wasn't offered, far too much conjecture.
WestEndAgro
Well-Known Member
duffer
Well-Known Member
In fairness, I think the F&B has to be subject to negotiation, like everything else. The club sold the F&B rights, to expect them back for nothing is perhaps a little unreasonable. Like all of this, there are probably shades of grey. If the club weren't playing at the Ricoh, could ACL make F&B out of another event that could go on in it's place?
There's also the issue, of course, of F&B now falling under the remit of another company, part-owned by ACL. I would think a proportion of F&B profits for both sides might probably be the easiest way through this - everyone wins, to some degree.
Regardless, I think the key is to start negotiations - the two sides can arm wrestle about the detail.
If SISU dropped the court stuff, I can't really see how ACL could justify not talking now.
skybluetony176
Well-Known Member
Some excellent and relevant points, please note it's not just F&B but ALL stadium generated revenues like Car Parking, Advertising etc. etc.. (See and read original post).
mark82
Super Moderator
None of us get that really. Not saying it's right. For me, any extra revenue streams help for FFP but it ain't going to suddenly make a loss making business profitable.
fernandopartridge
Well-Known Member
No but it's better than nothing and may make the club a little bit more attractive to a buyer (dreaming again)
skybluetony176
Well-Known Member
It may even offset the debt the club didn't shed in the administration process (dreaming again
)
italiahorse
Well-Known Member
The ACL offer to CCFC was made via the FL so ACL actually received it via them.
The CCFC offer has been shown to the FL but ACL appear to not have not actually received it.
There is a BIG difference.
There is no reason why any could not be placed in the public domain as well. (As ACL did)
Similarly they could say the actual amount placed in the ESCROW account, but no they just word it as they appear to have done the right thing.
This SISU scum are just playing games.
The FL are party to this in letting them get away with it.
The trouble is any punishment will be CCFC's not SISU's.
SISU will never be forgiven and I hope the FL will use this as a lesson learn't.
The CCFC offer has been shown to the FL but ACL appear to not have not actually received it.
There is a BIG difference.
There is no reason why any could not be placed in the public domain as well. (As ACL did)
Similarly they could say the actual amount placed in the ESCROW account, but no they just word it as they appear to have done the right thing.
This SISU scum are just playing games.
The FL are party to this in letting them get away with it.
The trouble is any punishment will be CCFC's not SISU's.
SISU will never be forgiven and I hope the FL will use this as a lesson learn't.
rupert_bear
Well-Known Member
Meeting at the Calthorpe Arms ? not only do we play 35 miles away from Coventry we hold supporters group meetings miles away too, why not meet at the Rose and Crown Bell Green or somewhere similar in Cov. Sounds like a tea and biscuit brigade to me.
Nick
Administrator
Because it was a meeting for the London supporters?
fernandopartridge
Well-Known Member
It's the LONDON supporters club
mark82
Super Moderator
Bing is still hanging around isn't he? Not sure what the reason is for that? Wonder if there may be an offer there if certain conditions are met. Wasn't one of the things his investors wanted the stadium? Could be that this is one of the forces behind everything that has been going on?
As you say, we can only dream.
F/B - yes, sold by the club many years ago. But times are very different now. The lease is gone, the club is playing elsewhere, new politicians at the CCC, new owners, a different financial climate and a new Financial Fair Play regime.
Everyone says 'time to move on' but in fact seems to be firmly stuck in the past.
Anyway, the profit of the F/B is not much. Was it 10% but increased some after the Compass deal?
So not much to share. Not much to give away. Not much to buy.
This really shouldn't be too difficult to agree a deal on. But the revenue MUST go through the club and count towards the FFP calculation.
The JR appeal? Well, I think I am just about the only poster who think it should not be dropped. And if the appeal is rejected they should take the case to the EU. As long as no final ruling is made the JR will have a bargaining value. This is important as the deal that may be struck is an interim solution. A short term deal. It definitely won't work for the club long term. Another deal is needed. A deal to bring ACL into a SBS&L group.
chiefdave
Well-Known Member
On that basis surely then it would be a fair offer if ACL said you can pay £150K a year without those revenues or £250K a year with them. If SISU are paying for them wouldn't it work like that?
You will most likely find that when any other company hires the Ricoh, either the exhibition halls or the stadium bowl, they won't receive those revenues. It's all well and good Fisher saying all other clubs receive those revenues streams but we did and we chose to sell them to a third party so we have already received the money for them. Look at it in similar terms to the loans on future season ticket sales, the club gets the money up front but they don't then get to keep the money from each season ticket sold as well, why should F&B be any different? Why not angle it in a way that benefits most sides, say to ACL and Compass something like you make £x last year, anything above that with the club back we split.
I think it's all designed to distract, Fisher seems to have gone back to the tactic of trying to push all the blame elsewhere but after the judges report how many people are going to take these type of comments at face value?
If SISU seriously want to come back to the Ricoh on a temporary deal then the F&B is to a large extent irrelevant as in 2 years time when we move into our new stadium we'll get every penny. So going on past F&B profits we're talking somewhere in the region of £200K. Won't the huge increase in ticket sales, merchandise, sponsorship etc more than offset that amount? I notice again there's no mention of dropping the legal action, it seems SISU want everything their way but aren't prepared to make any sort of gesture to try and move things forward.
Presumably if they only want to pay for matchdays they are not planning on moving the offices or club shop back, wouldn't a better deal be to move everything back?
sky blue john
Well-Known Member
So are you saying your happy for the club to stay at sixfields so Sisu can continue down the JR route ?
fernandopartridge
Well-Known Member
No he's saying that SISU need a bargaining tool as much as ACL do.
olderskyblue
Well-Known Member
Do we know if Joy has sanctioned Tim's offer?
sky blue john
Well-Known Member
No good if the bargaining tool is preventing anyone getting around the table in the first place !!
This is convenient for Sisu because they don't want to return. The offer is purely for the FL's benefit and hoodwink a few gullible fans.
torchomatic
Well-Known Member
This is the kind of thing that puzzles me. Why wouldn't a fan of the club want CCFC to benefit from match related income?
mark82
Super Moderator
Is TF not chief executive? Generally CEOs have power to make these kind of decisions themselves. That is why they are paid so much.
mark82
Super Moderator
So why don't ACL call them out and agree to discuss the offer?
Kingokings204
Well-Known Member
I would love ccfc to get to get all match day revenues but they sold them. How hard it that to understand?
To get them back you have to buy them. Yes I know it was a different owner who sold them and all that but as the judge said "sisu went into ccfc with their eyes wide open" they knew they had no revenues.
Revenues can't be that much to the club and surely can be negotiated either into rent or on a season by season basis.
Either way revenues are not the stumbling block to coming back to the Ricoh. Ticket sales alone is worth around 3mil more at the Ricoh and this easily covers the wage bill for the year so that puts that into context.
I really don't see why they don't but the Higgs share at a fair price and then sell the club and fuck off. They are never going to win with ccfc especially now and so much hatred from fans. They are wasting their own time and money. Even if they are here for the long term what do they hope from this. 10 years on and then what?
I hope the FL sticks to it's rules and wherever you start the season then you play there. It's simple for me. It would be like getting the fixture list and moving a game just because you want to. What would happen we have a game at sixfields on the Saturday and then a game at the Ricoh on the Wednesday. It's laughable.
To get them back you have to buy them. Yes I know it was a different owner who sold them and all that but as the judge said "sisu went into ccfc with their eyes wide open" they knew they had no revenues.
Revenues can't be that much to the club and surely can be negotiated either into rent or on a season by season basis.
Either way revenues are not the stumbling block to coming back to the Ricoh. Ticket sales alone is worth around 3mil more at the Ricoh and this easily covers the wage bill for the year so that puts that into context.
I really don't see why they don't but the Higgs share at a fair price and then sell the club and fuck off. They are never going to win with ccfc especially now and so much hatred from fans. They are wasting their own time and money. Even if they are here for the long term what do they hope from this. 10 years on and then what?
I hope the FL sticks to it's rules and wherever you start the season then you play there. It's simple for me. It would be like getting the fixture list and moving a game just because you want to. What would happen we have a game at sixfields on the Saturday and then a game at the Ricoh on the Wednesday. It's laughable.
Kingokings204
Well-Known Member
Not in Jan/feb last year apparently.
And other point Mark. ACL won't contact sisu until the 2 criteria have been met and so far neither has. Simple surely.
chiefdave
Well-Known Member
I'm sure we all do however to have a chance of success any proposal has to be realistic. Coming in saying we want everything for nothing is not the best starting point in my opinion. They can make a gesture like dropping further legal action without the club losing any money, why not do something like that to show they are serious in wanting to work with ACL?
rupert_bear
Well-Known Member
Yes, another group trying to sound important, how many are there ? a fucking fanny full at most, meeting a lot, saying a lot and achieving fuck all, as I said little more than a tea and biscuit brigade.