Time to Go Sisu. (3 Viewers)

[Neutral Fan]

Can you explain why it would be better for SISU, from a financial viewpoint, to move to an Enterprise Zone and build a stadium compared to renting at the Ricoh?

A loss making football club with virtually no chance of ever making a profit in its own right isn't going to be attractive to any owner (other than a fans group).

For SISU (or any other owner) they need real estate to make 365 income...hotels, conferences, restaurants etc.

Any club that rents their ground gets killed by FFP rules.

 

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[Rusty Trombone]

A loss making football club with virtually no chance of ever making a profit in its own right isn't going to be attractive to any owner (other than a fans group).

For SISU (or any other owner) they need real estate to make 365 income...hotels, conferences, restaurants etc.

Any club that rents their ground gets killed by FFP rules.

You're not bothering to answer the question then. Ok.

The best option for CCFC is to rent, we have no money to do anything else.

 

[Neutral Fan]

The best option for CCFC is to rent, we have no money to do anything else.

Well yes. But as you know I hate the way '''sports franchises'' are creeping into football and rugby.

You can just see those clubs that don't own their ground upping sticks and building a 365 leisure complex that happens to house a football team every couple of weeks.

Just hope SISU don't ''do a Wasps''.

 

[Rusty Trombone]

Well yes. But as you know I hate the way '''sports franchises'' are creeping into football and rugby.

You can just see those clubs that don't own their ground upping sticks and building a 365 leisure complex that happens to house a football team every couple of weeks.

Just hope SISU don't ''do a Wasps''.

I can't see it happening at all.

If all the money was to be made in 365 leisure complexes then they would be popping up all over the place, they certainly wouldn't want ccfc trotting up with 1,500 fans when they could make more money putting an extra few shops on the space where a pitch would be.

 

[dongonzalos]

A loss making football club with virtually no chance of ever making a profit in its own right isn't going to be attractive to any owner (other than a fans group).

For SISU (or any other owner) they need real estate to make 365 income...hotels, conferences, restaurants etc.

Any club that rents their ground gets killed by FFP rules.

I have to wonder what the ratio is if profit making clubs that have been taken over to loss making clubs?

 

[albatross]

I really Believe that owning the stadium and this 365 Revenue is a smokescreen. From Memory ACL delivered £2 to £3m in profit before the rent strike, so SISU expected to distress ACL by withholding £1.2m. Lets assume that it could be run better with new owners and recurring revenues could be £10m with additional development etc... So more money in borrowed against the long lease.

Lets compare that with the £62m that Cardiff took from the Premier league for TV appearances, TV rights and finishing last!

http://www.sportingintelligence.com...-premier-league-prize-cash-in-2013-14-140501/

Even if we went back to the £1.2m rent that would represent less than 2% of the TV income alone. Given that we may also average 25K support in the Premier league with an average ticket price of say £30. That would represent an additional revenue stream of £14.25m over 19 home games.

So for finishing last we would have basic recurring revenue of £75M. which would put the rent at apron 1.6% of basic Revenue. (excluding any sponsorship deals or cup matches).

So even if the stadium generated say £8m recurring profit this is is surely a cherry on top not a cornerstone of the grand plan.

SISU wanted a single payoff by accumulating the RICOH + football club and then moving on.

The intrinsic value of CCFC is that it has a ticket to enter this competition . With appropriate management , controlled costs than surely this end game would represent a fantastic income stream that would allow something substantial to be built.

 

[hill83]

Well yes. But as you know I hate the way '''sports franchises'' are creeping into football and rugby.

You can just see those clubs that don't own their ground upping sticks and building a 365 leisure complex that happens to house a football team every couple of weeks.

Just hope SISU don't ''do a Wasps''.

All brilliantly exciting stuff but you are forgetting one thing. The FA/Football League won't allow franchising again. So there's that.

 

[letsallsingtogether]

All brilliantly exciting stuff but you are forgetting one thing. The FA/Football League won't allow franchising again. So there's that.

And you believe that? just threaten them with legal action and watch them bend over.
The only Balls they have are plastic ones.