It is.
Show willing to talk, offer carrot of possible ownership for agreement on other points.
10 years? Utterly pointless SISU accepting that. Too short for security of tenure, too long if they did actually want to move.
They'd probably reject 10 years anyway, but at least offer them the carrot of talks on ownership rather than give them the easy way out!
And this nonsense about suing Northampton, way to go to get Northampton fans set against us!
Interesting that the case against the council is a clause.
If full access to footballing revenue is provided (as said earlier we could pay a fee up front for access to this) and part or full ownership is made possible why would SISU reject it?
I don't see what point there is in ACL suing Northampton when this has always been purely SISU's brainchild.
They've said for a while now that the revenues are the killer point. Whether that's an excuse or the actual truth is another thing, but they have stuck to that story.
Yep. Surely people understand that's what the are looking for by now though, altough reading above clearly not.
Turnover I mean.
If thats true then leave the rent at 1.2million and give Sisu the F+B think they'll accept that?
Its nothing to do with any revenues obviously thats not clear to some.
the alternatives are
go play at sixfields for what £5000 pw getting crowds of (lets be generous ) at 2000 at say average £12 per ticket = 600k for 5 years = £3m
(dont forget NTFC have said they have a share in the other income streams too)
or Ricoh 10000 crowd average at £15 per ticket = 3,750,000 pa or in over 5 years (to match NTFC period) £18,750,000
(no F&B though but much more likely to get sponsors & corporate interest etc )
it is a 10 year rolling lease not a fixed term that is on offer by ACL
Yes ACL are testing the resolve ....... no, ACL nor Council are not looking to sell up now
Also looking to draw line under things and both busineses to get back to business.
The SISU reply may well indicate their intentions and whether this goes on from here or they do what the fans want and play at the Ricoh. Is it a good deal well its not a bad one for the club and perhaps offers the opportunity of more in the future. certainly it adds worth to both businesses. Should offer the opportunity to break even for the club with good financial management. Would be great to have more certainly but it would also be great to see new owners - these things take time.
Interesting to see the financial arguments against it
I thought the money made from food/beer etc was only a couple of hundred grand a year profit?
Of course they wouldn't, they'll want both. Or the ground itself. None of which will happen.
Of course it wont happen. But have you noticed that everytime an offer is made they change the goalposts(sorry to use football termson this site) and think of something else wankers
They've always said they want the rent lowered and access to revenues though haven't they?
I can't see that happening.
£150K per year rent - I guess there will be 10K per game addon for matchday cost. That's nearly £400k per year.
It doesn't seem to offer F/B revenue.
And without the prospect of ownership this is not really a good offer.
And it comes on the day where Ann Lucas says she want to talk. Well somebody behind her just shot her efforts down.
This has been leaked as a lure for the fans - and it will never lead to a deal. They are fishing for the fans acceptance of refusing the CVA tomorrow.
Going by the responses in this thread it works.
To be fair, what have SISU have done to deserve anyone's trust ?It also says fcuk you we still don't trust you
All this crap was supposed to be about the high rent ie 1.2 millin a year remember? Sisu got a reduction offer down to 400k not good enough now supposidly 150k per year for L1 still not good enough for some people
To my mind ACL are giving as best they will to entice SISU to leave by an assignable lease over 10 years. Enough to add value to the football club as a going concern and therefore perhaps with a season or two SISU can be instrumental in getting back to the championship, offer the business for sale with assignable lease of the |Ricoh and get back maybe 30 -40m. This would be the carrot.
It also says fcuk you we still don't trust you, we are greedy and won't consider any ownership but really need you to play ball.
It's not really a good enough proposal is it? It's smacks of half heartedness in favour of themselves and appeasement of the fans.
They would be looking for SISU to sell so they can then speak to new owners about a better deal on offer when they buy from SISU.
It's kind of like manipulation for their own preferred ends. Something SISU stand accused of.
SISU can have a good think because it does give them a way out and the interim period at low rent means they make money but with each passing years the asset of that assignable lease diminishes.
Frankly it's an ill thought and poor offer. Could SISU sell on with an 8 year lease for 30 or 40m?
They've always said they want the rent lowered and access to revenues though haven't they?
I can't see that happening.
£150K per year rent - I guess there will be 10K per game addon for matchday cost. That's nearly £400k per year.
It doesn't seem to offer F/B revenue.
And without the prospect of ownership this is not really a good offer.
And it comes on the day where Ann Lucas says she want to talk. Well somebody behind her just shot her efforts down.
This has been leaked as a lure for the fans - and it will never lead to a deal. They are fishing for the fans acceptance of refusing the CVA tomorrow.
Going by the responses in this thread it works.
How much lower do they want it and what do these revenues add up to ffs
ACL final best offer no room for further negotiation offer of £400k just got lowered by £250k.
Tell you what just give them the Ricoh and watch us in non league in the best ground with 150million debts
They've always said they want the rent lowered and access to revenues though haven't they?
The figure probably wouldn't add up to much, but F&B could cover the Rent Fee of £150K.
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