Of course it is business. I just point out that the money could/should benefit the club.
Doesn't that show how badly ACL have been run? They have benefited from £2.5m+ income from the club per annum - rent, matchday costs, F&B's, stand sponsorship, car parking, Ricoh deal, etc yet have made very little profit.
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Thought all the profit went back into the Ricoh, funding development etc.
A 90%+ reduction on a rate that was already over inflated. It's like buying carpets from CarpetRight at half the price of it's original price, even though the original price was only on offer for about a week.
187 days
since Tim promised us the plans of the new stadium.
I like this James, would be interesting to see what number it climbs to?
It's actually more than that (just shy of 200 days I think) but I haven't worked it out and updated it yet.
The club received the income from 900 parking spaces.
That's business Godiva.
Amazes me when a group of neo capitalist hedge fund owners start complaining about the inequalities of the free market.
That's business Godiva.
Amazes me when a group of neo capitalist hedge fund owners start complaining about the inequalities of the free market.
That would be Illegal under the Consumer Protection from Unfair Trading Regulations 2008 and if you spot a retailer doing that then you should report them to your local trading standards. Also the sale price musn't be offered for longer than the item(s) were on sale at the higher price. The legislation is here http://www.legislation.gov.uk/uksi/2008/1277/contents/made
Those of us who work in retail and within the law on this, don't appreciate seeing others operate outside of it and get away with it.
What's free market about running to the public purse for support when you're in trouble?
You obviously didn't see the programme about TK Max and Biscester Village outlet shops the other week....
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We never sent our cheque to the "club". It was ACL.
So we were indeed a cash cow, just that funding was re-invested?
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Can I assume by this you are in favour of the JR?
What's free market about running to the public purse for support when you're in trouble?
No I didn't and if there were allegations I hope they are being looked into.
ACL are not part of the Free market as they are owned by a local authority and a charity.
Free Market rules generally only apply to privately owned companies.
OK. What if the rent was horrendously high in the first place, so even a 90% reduction would make you struggle?
So we were indeed a cash cow, just that funding was re-invested?
A 'cash cow' is defined as 'a steady dependable source of funds or income'. You honestly believe Fisher has made 'the club' that?
were we not a 'a steady dependable source of funds or income' to ACL for 7 of the 8 seasons we were there?
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Didn't ACL sign a 50 year lease on the understanding the football club would be prime tenant? If so, the status quo remained for less than 20% of that term. If that' s your concept of dependability; it differs from mine
Didn't ACL sign a 50 year lease on the understanding the football club would be prime tenant? If so, the status quo remained for less than 20% of that term. If that' s your concept of dependability; it differs from mine
They are a private limited company operating in the free market. They are not a public body.
They are a private limited company operating in the free market. They are not a public body.
The one good thing from the clubs perspective is that the lease is dead. If that status quo continued the club would have been constantly struggling to compete.
So you're hinging on the word dependable in your definition to mask the issue that ACL tried to take as much money from the club as they could?
What's free market about running to the public purse for support when you're in trouble?
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