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I would think boddy and co are breathing a big sigh of relief that they sold Chaplin and Bayliss with front loaded agreements.

Is that before or after the direct costs that need to be deducted though. Scmp is after deduction of those costs. Plus crowds are small in the scheme of things I do not see how it can be big net income figures despite what Boddy said. F&B making that much differences doesn't seem possible

Bottom line is the club needed to sell bayliss and chaplin to balance the books. They reportedly got 3m for the two. Buying godden 750k which maxed the budget out indicates to me that they were around 1m short of the scmp budget criteria. People need to keep in mind that aside from wages...

Surely it would have come out in JR1 wouldn't it. Either as evidence of ccc double dealing or that ccc were being fair

Not that I remember but it would have been around the time that the heads of terms was agreed on the "road map" I assume. I think the intention might have been expressed for some time in the future (from December 2012) but nothing more than that if it was

Geoffrey Robinson wasnt even involved when the £1m was created, 2008 sbs&l group accounts. It was written down in 2010 sbs&l accounts. How would he know. Never been tempted to read Gilbert's book.

Then Gilbert got it wrong too. Sisu because of the off balance sheet way things were done put in a valuation of £1m the other side of which was an increase in the debt to sisu investors. The £1m was subsequently written down as a loss to the club. The amount owed to sisu investors was not...

No they didn't. The charity never received anything from sisu. The £1m was a paper figure in the sbs&l accounts only

so is the quality of the pitch in Coventry a barrier to our return to the Ricoh? If it suits Wasps game now they could be unlikely to change it. CCFC & players repeatedly highlight it as a problem The other thought is if it is a problem for wasps and they utilise some of the CVC windfall to...

entirely in keeping with what is going on with Brexit........... no one really knows

https://www.slaughterandmay.com/media/2536656/the-eu-rules-on-state-aid.pdf This would seem to cover any points regarding state aid and also how Brexit affects state aid cases

Sunderland fans are so innocent though........ My wife knows someone at work whose husband has been off work since the 5:4 game after he was attacked by Sunderland fans near the coach park. He is self employed so his business has suffered (stopped) and has had to have hospital operations on...

it attempted to financially ruin the Ricoh’s operating company, which was owned by the city council and a charity, in order to buy a share in the stadium for a knock-down price. Actually that bit is correct, and held to be so by a number of Judges who have seen all the documents involved. It...

So far ....... but also sponsorship over a number of years has been focussed on sponsorship of different areas of the stadium. So it's not like they are getting none. It is the wasps kit launch this week I think. That might give a hint as to what is going on. Thing is people are accepting...

Not sure Vodafone are exactly backing away. The Ricoh is one of their 5G launch sites and they are this season's wasps kit sponsor.

Doesn't make much sense to me. I suspect the comments are only half of the truth. It is all very well having 70% of other revenue but what about the other associated costs. With crowds of 5000 the figures are not going to be large. If the average spend per head was £5 by the time you take out...

Yes but not sure how that works for him when chairmen & managers etc have a pretty good handle on other clubs financial situations and agents & clubs will have a pretty good idea on the value of the deals we have done. Not to mention their own clubs expectations or needs from their player...

I know its the eve of a new season and rightly everyone should be excited and optimistic, but i i think a lot more fans need to open their eyes and take in that thought fp Have said before it isn't just CCFC cutting their cloth accordingly and there is a danger that there is no way back to...

Club has to do what it needs to do to survive

i edited to what i actually meant to say :D ...... £500k