The Future (11 Viewers)

[dongonzalos]

So what do you think the future holds for CCFC......


Do we get bought out by the wasps consortium?

Do we build our new stadium and the new stadium and CCFC get sold as a package.

Do we continue renting at the Ricoh and produce a conveyor belt of talent that gets sold on to fund the club. Eventually when the business us a profit making business it is sold on.

Any other ideas

Personally I completely disregarded the new stadium idea. As in 95% it won't happen.

Now I am 70% certain it won't happen

 

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[italiahorse]

If it gets built it will be another Rushden and Diamonds

 

[hill83]

70%? Show me your workings please.

 

[dongonzalos]

70%? Show me your workings please.

That made me laugh. At some point I probably will get seriously asked that!!

It does seem on here you are not allowed to estimate anything if you are expressing an opinion that doesn't suit certain people

 

[hill83]

That made me laugh. At some point I probably will get seriously asked that!!

It does seem on here you are not allowed to estimate anything if you are expressing an opinion that doesn't suit certain people

I was being serious, but it's better as a joke to be fair.

 

[SkyBlueSid]

Sisu's best chance was always to get at least a half-share in the Ricoh but they have seemingly blown the last of many chances to do so. Their management style has been a disaster almost from day one. They could have been involved in a world class facility but failed. Even if they do build their own stadium (which they won't) it will be a white elephant. Their 'other 342' days will see it sat empty for most of them.

The only chance for CCFC in the future is that Sisu are now planning their exit strategy. Let's hope that involves someone taking over the club and tying it up to the Ricoh. Wasps, perhaps?

 

[rupert_bear]

That stadium will never get built, not even worth talking about anymore. As for the future ? I will be very surprised if there isn't people in the wings waiting to get their hands on our team. All these latest events aren't knee-jerk actions, planned and thought through imo. Will it be this Derek Richardson fella ? who knows. Boil it down and what have sisu got, a football team struggling to get 8000 for it's home games and that's it.

 

[hill83]

If they stick a pound shop, a primark and a greggs in this new ground it wil be buzzing. Know your customers and all that.

Edit: based on the likes it looks like we've got a few people who believe a new stadium is viable. 'Sisu lovers' if you will. Get them.

 

[Moff]

So what do you think the future holds for CCFC......

Do we get bought out by the wasps consortium?

Hmmm bought out by the Wasps Consortium.

Of course what we really need is new ownership by a group of faceless investors, with a complex ownership structure, where there is no full transparency of where funding is coming from and of course who are prepared to move the Club to a completely new City..............perhaps not.

 

[Moff]

Edit: based on the likes it looks like we've got a few people who believe a new stadium is viable. 'Sisu lovers' if you will. Get them.

Wheat sheaf five minutes, and lets sort this out, queensbury rules. No one calls me a SISU lover.
Next it will be the A word.....you know apologist and all that.

(*NB I should note that I dont really believe a new stadium will be built just that Hill's comment made me titter a little, even maybe a chuckle, so gained a like. It was more to do with the Greggs comment though, mmmmm Greggs )

 

[hill83]

Wheat sheaf five minutes, and lets sort this out, queensbury rules. No one calls me a SISU lover.
Next it will be the A word.....you know apologist and all that.

(*NB I should note that I dont really believe a new stadium will be built just that Hill's comment made me titter a little, even maybe a chuckle, so gained a like. It was more to do with the Greggs comment though, mmmmm Greggs )

You've been outed mate. No coming back from this one pal.
See you in the car park Fishers rent boy.

 

[Moff]

You've been outed mate. No coming back from this one pal.
See you in the car park Fishers rent boy.

Put up your Dukes now!
Lucas Licker*

(* Try not to get that thought in your head)

 

[hill83]

 

[Moff]

Brilliant! Laughed so hard at this as did my kids! :claping hands:

 

[dongonzalos]

I was being serious, but it's better as a joke to be fair.

Ha ha bloody hell.

I am only 70% sure it won't happen now purely because of the wasps deal.

I still think it is mad and not a good thing for CCFC.

Something just niggles me that maybe some individuals may personally make some money out of it. That's purely just a feeling as I struggle for any other logical reason to do it.

A lot of times when something gets built that shouldn't it turns out later on someone made some serious dosh.

 

[olderskyblue]

You'd think with the Ricoh being used far more with the wasps games as well, CCFC could now negotiate an even lower rental figure going forward......

expect another season at Sixfields if they don't get it.....

 

[Otis]

Ha ha bloody hell.

I am only 70% sure it won't happen now purely because of the wasps deal.

I still think it is mad and not a good thing for CCFC.

Something just niggles me that maybe some individuals may personally make some money out of it. That's purely just a feeling as I struggle for any other logical reason to do it.

A lot of times when something gets built that shouldn't it turns out later on someone made some serious dosh.

Let's face it, will Sisu be building a new stadium for us or for them?

We all know the answer to that. They do not care a jot about Coventry City and just want their money back. They won't be interested if it is a crappy, corrugated cardboard stadium, that will start to fall apart after 5 years, they will just be looking for a return on their investment.

How many club owners want out of their clubs I wonder. We were only ever in their thinking to make a quick buck and nothing else.

 

[torchomatic]

The future's bright. The future's oval.

 

[Tonylinc]

Right, let's assume for one moment that Shitzu do indeed build this new stadium. It is going to be a cheapy in the middle of nowhere. It will be on the lines of Glanville Park and Huish (no offence intended to either Scunny or Yeovil). By its very nature it will not have any conference, hotel or other facilities. Now, can anyone tell me who is going to hire this "bowl" and how it can possibly raise revenue other than upon matchdays. Serious question.

 

[Limey]

We're screwed unless we manage to get the other 50% of the Ricoh. End of. Not bothered about todays result, just very down on our long term future.

 

[Tonylinc]

We're screwed unless we manage to get the other 50% of the Ricoh. End of. Not bothered about todays result, just very down on our long term future.

As far as I understand it the Veto has now transferred to Wasps. Can you really see them accepting Shitzu as a business partner?

 

[Tonylinc]

Our only hope is for Wasps to make a successful bid for CCFC. In that way both the Ricoh and club will be joined together.

 

[Limey]

Our only hope is for Wasps to make a successful bid for CCFC. In that way both the Ricoh and club will be joined together.

Agreed, but I think the CEO has already said they don't plan on bidding for the club. Why would they? CCFC a paying tenant with no place else to go (forget the new ground talk).

 

[Tonylinc]

Must have missed that statement but it is the only way in which the Wasps investment can work.

 

[Limey]

Must have missed that statement but it is the only way in which the Wasps investment can work.

Why is that?

 

[skybluetony176]

Why is that?

Back up plan in case wasps moving to Coventry turns into a disaster? It's the only way he can guarantee a sports stadium with a sports team. Maybe?

(edit) I wonder if it's a deal SISU would be keen on doing? Might be the only exit strategy available to them now? I suppose they could always build the new ............... ha ha ha ha lol. Couldn't even finish that sentence lol.

 

[spider_ricoh]

Someone will have to buy a share for CCFC from Waps - maybe Wasps will get into trouble, run out money and sell to SISU? The Wasps finances don't seem too steady really. If I was SISU I'd play the waiting game and give it a couple of years to let Wasps struggle, then buy the Ricoh off them for a song.

 

[skybluetony176]

Someone will have to buy a share for CCFC from Waps - maybe Wasps will get into trouble, run out money and sell to SISU? The Wasps finances don't seem too steady really. If I was SISU I'd play the waiting game and give it a couple of years to let Wasps struggle, then buy the Ricoh off them for a song.

That's assuming that the council have been bluffing and the Ricoh doesn't pay it's way without a team playing there. I guess we'll find out when their next set of books are in. I would guess that if SISU wait for anything it might be the next set of ACL books.

 

[stupot07]

Our only hope is for Wasps to make a successful bid for CCFC. In that way both the Ricoh and club will be joined together.

cant see that happening, and I couldn't see it being a success. Wasps have been laying it on thick about the need to move to the ricoh as they cant afford to keep funding £3m per annum losses, it was the ricoh or bust.

“We had to move otherwise the club would have died. We have been losing £3m a year for a long time and one day after I took over as chief executive we faced a wind-up order over an unpaid six-figure tax bill.

“We had to act not only to ensure we were never in that position again but that we would be financially robust. That meant acquiring our own ground and a facility that we would be able to use every day of the year, not just for 16 home matches. We have achieved that, ensuring our supporters still have a club to follow.”

“Leicester had double our turnover: now it is probably three times greater and a clear gap has opened between Premiership clubs that own their grounds and those who do not. With the salary cap going up and French clubs spending freely, we had to do something.
“Playing at the Ricoh Arena will in time increase our turnover by seven, allowing us to compete at the highest level in England and in Europe.

From that snippet, it suggests that a) Wasps owners dont want to keep funding losses, and b) the success of wasps is the most important thing on their agenda. they wont want to share the 365 day per year revenue, and they wont be wanting to be funding losses on a football club which would take considerable investment to get any kind of success.

 

[Nick]

Our only hope is for Wasps to make a successful bid for CCFC. In that way both the Ricoh and club will be joined together.

What about Nuneaton???

 

[skybluetony176]

What about Nuneaton???

Nuneaton have enough problems without trying to buy CCFC

 

[Tonylinc]

What about Nuneaton???

What about Nuneaton........??????

 

[spider_ricoh]

That's assuming that the council have been bluffing and the Ricoh doesn't pay it's way without a team playing there. I guess we'll find out when their next set of books are in. I would guess that if SISU wait for anything it might be the next set of ACL books.

Have you ever heard the phrase "closing the stable door after the horse has bolted" ?

ACL has been sold to Wasps! They'll buy up the other 50% when the 30-day period expires in which CCFC Ltd has first option - in the meantime they have the veto now so could block any bid other than their own. Won't matter what the books show - ACL is now essentially the same thing as Wasps RFC.

 

[Limey]

cant see that happening, and I couldn't see it being a success. Wasps have been laying it on thick about the need to move to the ricoh as they cant afford to keep funding £3m per annum losses, it was the ricoh or bust.

“We had to move otherwise the club would have died. We have been losing £3m a year for a long time and one day after I took over as chief executive we faced a wind-up order over an unpaid six-figure tax bill.

“We had to act not only to ensure we were never in that position again but that we would be financially robust. That meant acquiring our own ground and a facility that we would be able to use every day of the year, not just for 16 home matches. We have achieved that, ensuring our supporters still have a club to follow.”

“Leicester had double our turnover: now it is probably three times greater and a clear gap has opened between Premiership clubs that own their grounds and those who do not. With the salary cap going up and French clubs spending freely, we had to do something.
“Playing at the Ricoh Arena will in time increase our turnover by seven, allowing us to compete at the highest level in England and in Europe.

From that snippet, it suggests that a) Wasps owners dont want to keep funding losses, and b) the success of wasps is the most important thing on their agenda. they wont want to share the 365 day per year revenue, and they wont be wanting to be funding losses on a football club which would take considerable investment to get any kind of success.

I can't see it either. I hope two things 1) the Council haven't completely shafted us and have put some proviso in transffering the veto option to Wasps that they have to accept an equal offer to what's on the table from CCFC (probably a very long shot) 2) If 1 is a possibility then SISU aren't blinkered enough to pass up the offer.

Long odds on both of those..

 

[Tonylinc]

Have you ever heard the phrase "closing the stable door after the horse has bolted" ?

ACL has been sold to Wasps! They'll buy up the other 50% when the 30-day period expires in which CCFC Ltd has first option - in the meantime they have the veto now so could block any bid other than their own. Won't matter what the books show - ACL is now essentially the same thing as Wasps RFC.

And I for one am pleased about that. Their ownership of the Ricoh is far better than the alternative.