And at present, we have no shirt sponsor for next season.
Too many people trying to make a pound out of this. Isn't McGinnity involved in the Compass group? Pretty sure he was owner of the company that made all the seats for the ground too.
However, if you imagine it was Hoffman using these tactics to lower the rent, I guarantee you 99% of the fans would fully support him.
very true ..... the total income i used included 330k for that (apparently was £1m over 3 years)
I havent Grendel but that would be £1m per year max I would guess...... not sure CCFC will get that, they might get part. But even then we still make losses without selling players and good cup runs...... should they have all that income?
I would say yes they should. Ultimately the branding is intrinsic to the football club. The name of the brand sponsor is publicised most due to the club. The contract almost certainly will be signed in the basis of their being a permenant resident in place. Same for sponsors of stands. I assume the club gets day to day sponsors anyway.
The club has a huge influence on the stadium and its regard in many ways. This should not be underestimated.
The club will want this I am sure. I would.
Sisu seem to think it is acceptable for ACL to run at a loss though.
Whatever deal is struck should be benificial to both parties. ACL shouldn't offer a rent deal that would see itself go into the red.
This magical 'average league 1 rent' that Fisher keeps going on about is irrelevant if ACL can't afford to offer it.
Makes you wonder why the squad is so big, bigger than Tranmere.
Currently I would estimate that income from normal activities is £5.2m to which is added the profits on Keogh Bigi & Robins say £2.1m total circa £7.3m.
Costs meanwhile are £4m in player wages under FFP, say another £1m for younger players not covered, managers, coaches, directors etc. Direct costs are circa £1m (confirmed be TF on Friday radio morning show) Other overhead costs excluding rent say £3m, Interest payable £1m +..... Holding company costs £500k.
That lot adds up to a loss of £3.2. and that is before the legal and professional costs of the dispute that suspect CCFC is liable for.... that wont be cheap. Yes I know that it is all guesswork but what if it was close to reality?
final thought is that TF says SISU are now owed £45m+ ..... 31st May 2011 it was £30m...... thats funding of £15m+ in 20 months..... where is it going?.
Makes you wonder why the squad is so big, bigger than Tranmere.
I have stated this before as well, you can guarantee that those who are against what SISU are currently doing would be proclaiming Hoffman a saviour if he used the same tactics.
Torch ........ if my post is anywhere close then SISU's business model isnt very clever either ...... even if they got the income streams and no rent to pay
Torch ........ if my post is anywhere close then SISU's business model isnt very clever either ...... even if they got the income streams and no rent to pay
So this whole argument is pretty pointless then.
Fuck them off, I say. Move out of the Ricoh and into our own ground.
Then let's see if ACL sink or swim.
Interesting. That proves then that ACLs business model was wrong from the very start. They took advantage of CCFC charging them an extorinate rent when we were desperate. They got used to all that lovely cash coming in and overstretched themselves. Now, they can't cope without it. Totally disproving the "we don't need 'em" attitude.
feck them off, I say. Move out of the Ricoh and into our own ground.
Then let's see if ACL sink or swim.
Agreed i would like to see this happen. The problem is how often has any of TF's statements come to fluition?
Fuck them off, I say. Move out of the Ricoh and into our own ground.
Then let's see if ACL sink or swim.
Never going to happen, why would Coventry Council give planning permission for another ground in the city while one sits empty?
Pathetic
£400,000 a year offered and only £150,000 of that rent
So £150.000 a year is going to tip ACL over the edge
Pathetic
£400,000 a year offered and only £150,000 of that rent
So £150.000 a year is going to tip ACL over the edge
Where do you think that most of the money which is generated comes from? How would ACL survive without CCFC playing at the arena?
No so therefore as a community project they should do the decent thing. They don't need the money you've just said so. The councils at Brighton hull Doncaster Ipswich and Portsmouth help their clubs and give them a competitive advantage. Our council however has seen the club as a cash cow for a decade. Something to suck fro like a leach. Bet you wished you lived in a council where community means something cloughie? I know I do.
Never going to happen, why would Coventry Council give planning permission for another ground in the city while one sits empty?
You obviously have not been past the arena most days of the week when there are 1 and sometimes 2 Exhibitions going on each day plus the music events
Who says it has to be in the City? Ryton is in Warwickshire for instance. As for the Ricoh. Who cares, ACL don't. They are very "busy" don't forget and have already said that the Club "should get out of Coventry". Nuneaton Town could move in or there could be lots of rugby games, etc etc. The world is ACL's oyster.
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