Grendel
Well-Known Member
Oh well we may as well fuck off then and let WASPS have it. Our fault bye bye CCFC.
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- Thread starter Otis
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Oh well we may as well fuck off then and let WASPS have it. Our fault bye bye CCFC.
dongonzalos
Well-Known Member
Grendel
Well-Known Member
The Lurker
Well-Known Member
My feelings are that if sisu didn't up root us last season this wouldn't be a matter of discussion plus weren't sisu offered ACL half back in 2007/2008 but rejected?
stupot07
Well-Known Member
It's not particular beneficial though, and nothing more than what we had before the rent strike. If wasps take over we will likely get even less access to revenue as that will be needed to fund wasps.
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The Lurker
Well-Known Member
Brilliant. So some are supporting this as they think it will make sisu leave..just like administration did.
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I wouldn't say supporting more along of the lines of why ACL and council are doing this. Sisu playing a cunts game for a year and this could come back to haunt us but I wouldn't blame council/sisu. Sisu started this mess and that in turn has messed us up in the long term
dongonzalos
Well-Known Member
rupert_bear
Well-Known Member
If sisu don't leave we stay in the third division at best hasn't Tim Fisher already said we can't afford the championship let alone anything higher
cloughie
Well-Known Member
Astute
Well-Known Member
100% right?
Like trying to tell us about the Ricoh being a white elephant, valueless and a burden on the taxpayer. I suppose that is why someone wants to do what SISU should have done and negotiate on taking it over. You have also said that CCC shouldn't run a stadium. And now you spit your dummy out because they are looking at offloading it to the only person willing to pay for it.
I just hope that SISU have a deal to sell our club if the Ricoh takeover happens. I have had enough of the shit they have caused.
stupot07
Well-Known Member
If wasps buy 90% of the Ricoh then we'll struggle to get out of the third division, and probably never ever get to the PL. Owners come and go, once wasps get the Ricoh they won't be letting it go. In our relegation season 9 teams had lower attendances yet our turnover was in the bottom 3-4 ok he league die to not having access to additional revenue, if wasps buy that 90%, we'll won't get access to that revenue for a long time.
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dongonzalos
Well-Known Member
If wasps buy 90% of the Ricoh then we'll struggle to get out of the third division, and probably never ever get to the PL. Owners come and go, once wasps get the Ricoh they won't be letting it goX
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What are we doing now?
stupot07
Well-Known Member
Trying to get out of third division. We need new owners, not acl selling the Ricoh to someone else.
How is selling 90% of the Ricoh to wasps going to benefit the club?
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Rusty Trombone
Well-Known Member
Trying to get out of third division. We need new owners, not acl selling the Ricoh to someone else.
How is selling 90% of the Ricoh to wasps going to benefit the club?
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I think that any owner of ACL would benefit from a successful football team playing there, it's in ACL's (whoever owns it) interests to strike a deal that works for the club.
skybluetony176
Well-Known Member
If wasps buy 90% of the Ricoh then we'll struggle to get out of the third division, and probably never ever get to the PL. Owners come and go, once wasps get the Ricoh they won't be letting it go. In our relegation season 9 teams had lower attendances yet our turnover was in the bottom 3-4 ok he league die to not having access to additional revenue, if wasps buy that 90%, we'll won't get access to that revenue for a long time.
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What do you suggest SISU do about that?
stupot07
Well-Known Member
Is it? Is it really? So why did ACL happily see us struggle on the edge of insolvency from the moment we moved in (and prior)?? Why did they not want to offer better rental deals earlier when the club was in trouble? Why did it take a rent striker and administration to get a better deal?
Why would wasps want to us us a deal when they need the money to fund their own squad. iIRC they have not finished in the top 6 for a couple of years now so need all the fighting fund they can get their hands on to bolster their ambitions.
http://www.therugbypaper.co.uk/featured-post/8784/london-wasps-saved-as-500k-tax-bill-is-paid/
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stupot07
Well-Known Member
I suggest sisu drop the appeal and I suggest ACL drop these negotiations. Spend the next 2 years building trust then negotiate a long term deal/buy out.
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skybluetony176
Well-Known Member
I suggest sisu drop the appeal and I suggest ACL drop these negotiations. Spend the next 2 years building trust then negotiate a long term deal/buy out.
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Too simple. Come up with another idea. It has to be over elaborate and complicated so everyone is kept on their toes and each party feels like they've got the upper hand on the other. It's the only way to do business don't you know.
D
Deleted member 5849
Guest
Too simple. Come up with another idea. It has to be over elaborate and complicated so everyone is kept on their toes and each party feels like they've got the upper hand on the other. It's the only way to do business don't you know.
It does indeed seem the way all parties roll...
Rusty Trombone
Well-Known Member
Is it? Is it really? So why did ACL happily see us struggle on the edge of insolvency from the moment we moved in (and prior)?? Why did they not want to offer better rental deals earlier when the club was in trouble? Why did it take a rent striker and administration to get a better deal?
Why would wasps want to us us a deal when they need the money to fund their own squad. iIRC they have not finished in the top 6 for a couple of years now so need all the fighting fund they can get their hands on to bolster their ambitions.
http://www.therugbypaper.co.uk/featured-post/8784/london-wasps-saved-as-500k-tax-bill-is-paid/
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Yes it is, yes it is really. I guess ACL saw that the club could afford to pay all it's bills but in the end chose not to pay the rent. I think this is the wrong way to go abut things myself, but with their many rent reductions it would seem they saw the error of their ways.
I answered the other point already, any owner would want a successful club there as they would make more money, charge too much and the club may go elsewhere. ACL have already learnt this.
Moff
Well-Known Member
I thought you were so big on another post to snipe at people who just use 'snide one liners'
Pot and kettle come to mind, seems a bit like the hypocritical stance the Council are taking.
ointlaugh:
stupot07
Well-Known Member
I disagree, there's no guarantee of having 'a successful club' so any new owners will take what they can't off the club. They could give them every single spare penny of the Ricoh, but it's no guarantee that it would be successful, yes it will improve the chances and lot having access to it will almost certainly mean never getting I the PL, but none the less not guarentee success. So that begs the question, why would wasps, who need every penny they can get to get back in Europe and to find annual losses, go out their way to help the club when there's no guarantee of success and that any success would lead to more cash for them? Theirs very little profit margin in F&B's c10% (£120k on 16k) so really it's all down to rent, and sponsorship, and parking)
Yes, I'm not sure how ACL thought we could afford it when we're were constantly on the edge of insolvency, and despite hammering sisu in the JR the judge conceded the club couldn't afford the rent and it was unsustainable.
All this, yeah of course it will be beneficial, it's in their best interests of ACL nonsense is just tosh and history shoes us that the stadium owners are only interested on their cashflow and profit margin. Let's bury our head in the sand. It will be ok.
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Grendel
Well-Known Member
Not an owner who says he doesnt want a football team playing there every other week - as said by good old Mr Richardson
Rusty Trombone
Well-Known Member
I disagree, there's no guarantee of having 'a successful club' so any new owners will take what they can't off the club. They could give them every single spare penny of the Ricoh, but it's no guarantee that it would be successful, yes it will improve the chances and lot having access to it will almost certainly mean never getting I the PL, but none the less not guarentee success. So that begs the question, why would wasps, who need every penny they can get to get back in Europe and to find annual losses, go out their way to help the club when there's no guarantee of success and that any success would lead to more cash for them?
Yes, I'm not sure how ACL thought we could afford it when we're were constantly on the edge of insolvency, and despite hammering sisu in the JR the judge conceded the club couldn't afford the rent and it was unsustainable.
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Certainly there is no guarantee of success as in winning things, I mean success as in getting people in to watch, getting people to spend money in the ground. If the owners of ACL structure a deal for the club that encourages the club to stay, make the rent cheap enough that the club can make tickets more affordable, more people will turn up, spend more money in the ground, in the casino.
This means other ACL tenants are happier, sponsors see the value of extra people attending the ground, more chance of getting a lucrative arena sponsorship deal. The value of ACL rises, and it makes more money for ACL. That's why if the owner of ACL 'needs every penny' then getting the club playing there is important, and a successful club even more important.
Just my view, I accept that you may disagree.
I think the judge pointed out that the club couldn't 'afford' most of our costs, but as the rent was 10% of the unaffordable costs, maybe the owners were just a bit shit at running a business.
Rusty Trombone
Well-Known Member
I disagree, there's no guarantee of having 'a successful club' so any new owners will take what they can't off the club. They could give them every single spare penny of the Ricoh, but it's no guarantee that it would be successful, yes it will improve the chances and lot having access to it will almost certainly mean never getting I the PL, but none the less not guarentee success. So that begs the question, why would wasps, who need every penny they can get to get back in Europe and to find annual losses, go out their way to help the club when there's no guarantee of success and that any success would lead to more cash for them? Theirs very little profit margin in F&B's c10% (£120k on 16k) so really it's all down to rent, and sponsorship, and parking)
Yes, I'm not sure how ACL thought we could afford it when we're were constantly on the edge of insolvency, and despite hammering sisu in the JR the judge conceded the club couldn't afford the rent and it was unsustainable.
All this, yeah of course it will be beneficial, it's in their best interests of ACL nonsense is just tosh and history shoes us that the stadium owners are only interested on their cashflow and profit margin. Let's bury our head in the sand. It will be ok.
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Just to answer the edit.
How much profit were ACL making with the free rent offers, how much are they be making out of the club now, not a lot I would say.
So maybe it's not all about getting as much out of the club with no regard for the long term.
Rusty Trombone
Well-Known Member
I didn't think they had responded to any questions about the Ricoh.
Grendel
Well-Known Member
No he said that about the new ground they were moving too -- which he assured fans would be in West London. I can feel the trust in the room -- can't you?
Rusty Trombone
Well-Known Member
So you don't think we'll be kicked out of the Ricoh then.
I remember the old Grendel that only cared about Coventry City, it's nice that you're broadening your interests.
You'll be changing your view about Rosario next.
Grendel
Well-Known Member
I cannot think anyone only interested in CCFC would ever entertain this idea
dongonzalos
Well-Known Member
I thought you were so big on another post to snipe at people who just use 'snide one liners'
Pot and kettle come to mind, seems a bit like the hypocritical stance the Council are taking.
The odd one liner is ok
Generally I am abused for my long winded boring posts.
Continuous one liners without much else. If that's all you do don't call someone else irrelevant
J
Jack Griffin
Guest
If wasps buy 90% of the Ricoh then we'll struggle to get out of the third division, and probably never ever get to the PL. Owners come and go, once wasps get the Ricoh they won't be letting it go. In our relegation season 9 teams had lower attendances yet our turnover was in the bottom 3-4 ok he league die to not having access to additional revenue, if wasps buy that 90%, we'll won't get access to that revenue for a long time.
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While arvo/sisu remain owners I think "we'll struggle to get out of the third division, and probably never ever get to the PL."
dongonzalos
Well-Known Member
Trying to get out of third division. We need new owners, not acl selling the Ricoh to someone else.
How is selling 90% of the Ricoh to wasps going to benefit the club?
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At least you accept we need new owners a very very minor few now don't get that
J
Jack Griffin
Guest
Do not expect any semblance of common sense to prevail any time soon.
I don't reckon anyone will make a move till sometime after Xmas..
dongonzalos
Well-Known Member
New money in sport often flows only one way: to the players. But Wasps, in the second stage of Richardson's three-part plan, have vowed to bolster Young's coaching and conditioning staff and, in stage three, find a stadium to own or be a major partner in. This is highly ambitious. More than 38,000 people attended the one-off "Stinger" league match against Gloucester at Twickenham last weekend. But average attendances for regular Premiership home games at Adams Park in High Wycombe are under 6,000. A 15,000-seater comes in at around £22m, and if Wasps refuse to rent from, say, Brentford FC or Queens Park Rangers, they must either find a partner with spare land in one of the world's priciest areas in the Home Counties or find a stadium to take over, such as Coventry's Ricoh Arena.