..to start next season without a points deduction?
Is there any reason those scumbags at the Football League can impose a minus points start?
If ACL had signed the CVA then they would have had their £590K that they are adamant that we have to pay before they will talk and we would not have had 10 points deducted. But hey ho!The scumbags responsible for previous points deductions have been the owners of the club. The Football League may be terminally useless, but it wasn't them who caused the problem in the first place. So if there is another deduction, which is always a possibility, blame Timmy & Joy.
If ACL had signed the CVA then they would have had their £590K that they are adamant that we have to pay before they will talk and we would not have had 10 points deducted. But hey ho!
If ACL had signed the CVA then they would have had their £590K that they are adamant that we have to pay before they will talk and we would not have had 10 points deducted. But hey ho!
@ Warwickhunt....You sure you're not one of the SISU board?.....If SISU had paid their contractual rent, this whole damn mess wouldn't have happened but...Hey Ho!
Contractual rent was unsustainable from day one, way back in 2005 ( to quote the then chairman & Labour MP, Geoffrey Robinson!).
Any reasonable and realistic council would have renegotiated a sensible and sustainable figure but no they chose to bail-out ACL (whom they have a financial vested interest in) to the tune of £14 million, to be paid back over 43 years, YES 43 Years!
Where can you get a 43 year loan or mortgage??????????
Contractual rent was unsustainable from day one, way back in 2005 ( to quote the then chairman & Labour MP, Geoffrey Robinson!).
Any reasonable and realistic council would have renegotiated a sensible and sustainable figure but no they chose to bail-out ACL (whom they have a financial vested interest in) to the tune of £14 million, to be paid back over 43 years, YES 43 Years!
Where can you get a 43 year loan or mortgage??????????
Contractual rent was unsustainable from day one, way back in 2005 ( to quote the then chairman & Labour MP, Geoffrey Robinson!).
Any reasonable and realistic council would have renegotiated a sensible and sustainable figure but no they chose to bail-out ACL (whom they have a financial vested interest in) to the tune of £14 million, to be paid back over 43 years, YES 43 Years!
Where can you get a 43 year loan or mortgage??????????
@ Warwickhunt....You sure you're not one of the SISU board?.....If SISU had paid their contractual rent, this whole damn mess wouldn't have happened but...Hey Ho!
@ RFC....... Originally Posted by dongonzalos View Post The football club rejected a sliding scale rent in the first place Then rejected a approx 650k rent Then rejected a 400k one Then rejected a 150k one Proud of the council, the charity, the fans, the manager and players Disgusted by our owners.......................... SISU were so "Bullish they scoffed at a sliding rent/reduction on takeover........Want to borrow my glasses?
@ Warwickhunt....You sure you're not one of the SISU board?.....If SISU had paid their contractual rent, this whole damn mess wouldn't have happened but...Hey Ho!
So ACL charge a high rent to ensure it can pay back its commercial loan, and your unhappy about that.
CCC step in and reduce ACL's rental repayments, thus allowing ACL to offer a "sensible and sustainable" rental figure and your unhappy about that?
Considering that when discussing sisu you are the resident Ned Flanders, you sure have a lot of hatred towards CCC/ACL.
Trouble is no balance on here whatsoever.
Rental model just won't work as proved during our final years at Highfield Road but even more so now under FIFA - FFP.
No club will exist without total control of ALL revenue streams (catering F&B, car parking & even advertising including pitch side).
Under FFP 60% of gross turnover on player related expense (wages, bonuses, signing on fees etc. etc..), so no rental agreement will ever work without full access to revenues.
Trouble is no balance on here whatsoever.
Rental model just won't work as proved during our final years at Highfield Road but even more so now under FIFA - FFP.
No club will exist without total control of ALL revenue streams (catering F&B, car parking & even advertising including pitch side).
Under FFP 60% of gross turnover on player related expense (wages, bonuses, signing on fees etc. etc..), so no rental agreement will ever work without full access to revenues.
@ Warwickhunt....You sure you're not one of the SISU board?.....If SISU had paid their contractual rent, this whole damn mess wouldn't have happened but...Hey Ho!
@ RFC....Yaaawwwnnnnnnn>>> "Due Dilligence"
@ Warwickhunt....You sure you're not one of the SISU board?.....If SISU had paid their contractual rent, this whole damn mess wouldn't have happened but...Hey Ho!
Seen as you are in the know, can you give us an actual figure of what you would expect the club to make from F&B's (once costs have been deducted of course)?
Pointless discussing car parking and pitchside advertising as the club did receive those at the Ricoh.
I can assure you they DIDN'T receive any income at the Ricoh from car parking or pitch side advertising !
16: Did the club sell the right to car park income?
ACL: No they retained 900 spaces for use on match-days, these remain part of the new overall proposed deal. This is approximately 50% of all available car parking at the stadium.
CCFC: I don’t know- I haven’t heard this
17: Did the club stop receiving car park income as a consequence of not paying the rent for the stadium?
ACL: Yes, the club subsequently purchased 300 seasonal spaces at the start of the season, which they also sell on.
CCFC: Yes
19: Does the club currently receive any of the following either in part or full, directly or indirectly, and include it in their turnover?
Car parking
ACL : Under the licence agreement the club gets 900 car park spaces – nearly 50% of the total. Temporary arrangements outlined above are in place, whilst the rent is being withheld. ACL’s proposed deal would reinstate the 900.
CCFC: No car parking received
Concourse food and drinks
ACL: No
CCFC: No
Catering in Jaguar, Legends, Yorkshire, Eon etc
ACL: Hospitality food is purchased by the club and is sold on by them as part of a package
CCFC: No all has to be purchased at high rate that allows no margin for profit
Pitch side advertising
ACL: Yes. All pitch side advertising is sold by the Club. ACL purchase from the Club advertising for ACL sponsors
CCFC: Pitch side advertising belongs to the club, all other advertising is ACL’s
I can assure you they DIDN'T receive any income at the Ricoh from car parking or pitch side advertising !
2005 2 years before SISU, unsustainable which is why they came in! Grant you they failed in their due diligence but still no excuse for CCC flatly refusing to renegotiate until the club called their bluff and moved out!
I can assure you they DIDN'T receive any income at the Ricoh from car parking or pitch side advertising !
Edit: Now NW has made me look slow! He must have had that bookmarked!
Said it before and I'll say it again, it's one of the most useful things we've had from the Trust, as much because the questions are neutral, the answers illuminating.
Do you have the originally published one? They published all answers later:I still don't understand though why so many CCFC ones come back as: Answer given but cannot be published as deemed by CCFC to be Sub Judice
@ Warwickhunt....You sure you're not one of the SISU board?.....If SISU had paid their contractual rent, this whole damn mess wouldn't have happened but...Hey Ho!
@ RFC....We ALL agree the rent was too high. I'm not disputing that. What I AM trying to say is, SISU didn't do "Due Dilligence" and thought we'd be back in the Prem straight away. It wasn't until after they started "Asset Stripping" ie- Selling Dann and Fox to start with, and seeing crowds dwindle that they "Cried poverty" and blamed every f**ker but themselves for the state of the Club. Get a f**king grip man FFS!
@ Warwickhunt....You sure you're not one of the SISU board?.....If SISU had paid their contractual rent, this whole damn mess wouldn't have happened but...Hey Ho!
@ RFC.....Want to change your mind on saying the Club received NO PARKING and PITCHSIDE advertising????????? www.skybluetrust.co.uk/index.php/component/.../article?...1..
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