Not sure where we should move to but right now the council is quite happy to retain ownership of the Ricoh and not let the club profit from it. The only threat we can make is not to play there. Without CCFC they will lose money. We need to either consider a ground share or build a temp stadium in a neighbouring town. We can't let the council hold us to ransom
CCFC must leave the Ricoh at least for a while (1 Viewer)
- Thread starter OyJimmy
- Start date
torchomatic
Well-Known Member
If you're going to start a discussion, make sure it's a sensible one.
TheParsonsHose
Member
Ryton training ground would bea good shout. I caould almost walk to the game and go home at half time for a beer.
Geri_Coyle_CCFC
New Member
Is this for real?! What's the point in moving grounds n where would we go?!?! :/
ajsccfc
Well-Known Member
Wait, I just read past the title. Build a temp stadium? Can't sign loan players but can build a temporary stadium? Can't buy a half-share in an existing stadium but build a temporary stadium? Can't afford to run the electric substitutions board for a few games but can build a temp stadium?
Scorpio, you're totally mad.
Scorpio, you're totally mad.
oldskyblue58
CCFC Finance Director
so what exactly are the council doing wrong? Without them there would be no stadium. Without them SISU could have got their hands on the stadium. Without them there would be no prospect of a share in stadium revenue :facepalm:
The club has no money to buy assets - is that not clear ? :facepalm:How the hell are they going to fund a ground share or temporary stadium ? Especially when locked into a lease at the Ricoh ?
Simply unworkable chap and expensive!
The club has no money to buy assets - is that not clear ? :facepalm:How the hell are they going to fund a ground share or temporary stadium ? Especially when locked into a lease at the Ricoh ?
Simply unworkable chap and expensive!
We'll_live_and_die
Super Moderator
WUM WUM WUM. In the interests of the City of Coventry people (who the council work on behalf of) the council won't sell a profit making stadium to a load of ruthless twats that want to asset strip the place. Try thinking about why they wont sell before posting a thread like this. Would you sell to SISU? NO I WOULDN'T EITHER.
When new investors come in then there might be a chance of half/full ownership being bought.
TimRussell
New Member
Build a temporary stadium in a neighbouring town? No idea what you've been smoking but I'd love to try it.
covcity4life
Well-Known Member
i kno sisu are bad but if they owned the staidum you have to believe the club would move forward?
be better it with sisu than council for the club surely?
be better it with sisu than council for the club surely?
Where there's a will there's a way:
http://www.mlssoccer.com/news/article/garber-temporary-stadiums-solution-teams
Something just over half the size would do. Alternatively we could just redevelop another ground, hire in a temporary arena with temp seating. Or we could ground share with another club (not popular I admit).
The point is the council could just refuse to sell anyone. In such a scenario the owners of the club (maybe SISU maybe not) will need some leverage. The very threat of a move might to it before a single brick has been laid.
Some people on here have no idea how business works it seems. If you threaten to kill a companies revenue stream then that party starts talking to you fairly quickly. At the moment the council can just turn their back on us.
http://www.mlssoccer.com/news/article/garber-temporary-stadiums-solution-teams
Something just over half the size would do. Alternatively we could just redevelop another ground, hire in a temporary arena with temp seating. Or we could ground share with another club (not popular I admit).
The point is the council could just refuse to sell anyone. In such a scenario the owners of the club (maybe SISU maybe not) will need some leverage. The very threat of a move might to it before a single brick has been laid.
Some people on here have no idea how business works it seems. If you threaten to kill a companies revenue stream then that party starts talking to you fairly quickly. At the moment the council can just turn their back on us.
ajsccfc
Well-Known Member
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EleanorRigby
New Member
I know attendances are dropping but getting approximately 12000 people round one of the pitches at the Memorial park will be tough
torchomatic
Well-Known Member
We could groundshare the New Windmill.
Nonleagueherewecome
Well-Known Member
Read my mind!
Yorkshire SB
Well-Known Member
Although the idea here is a little far-fetched, I see the thinking behind it. The council are happy with the current arrangement and won't sell to us. If we moved away, the stadium becomes virtually redundant and we force them to make a deal. It sounds very desperate, however are we to be relegated this season, we are desperate. I worry that people assume we will do a norwich or southampton and come back a stronger force. Both of those clubs had financial well-being in League 1, as did Leeds and Leicester. I look at Bradford city, relegated the same year we were from the PL and in League 2 now, it does happen. If we're relegated, attendances drop, sponsorship drops, tv deals drop, eventually leading to a financial crisis. We are already unsustainable, this would lead to financial ruin.
Whether we sacrifice our championship status for this or not, we NEED to have some assets! If we can stabilise the bank balance, we have a good young crop of players who could shine in a lower division and there is hope for the future. If not, the issue will spiral, a cycle of decline!
Back to the original point, purely hypothetical but, there are plans to build a substantially sized ground in Rugby for the Rugby Lions RFC, possible 6 month ground share?
Whether we sacrifice our championship status for this or not, we NEED to have some assets! If we can stabilise the bank balance, we have a good young crop of players who could shine in a lower division and there is hope for the future. If not, the issue will spiral, a cycle of decline!
Back to the original point, purely hypothetical but, there are plans to build a substantially sized ground in Rugby for the Rugby Lions RFC, possible 6 month ground share?
oldskyblue58
CCFC Finance Director
But the stadium isnt redundant .......... it spends most of its time without CCFC. The club has offices there yes but it uses the stadium 26 times or so a year thats 312 hours out of 8760 hours total in a year. It doesnt just sit waiting for CCFC. More than 50% of its income has nothing to do with CCFC so the leverage the club has isnt as great as it may appear
We are also locked into a lease at the stadium, so if we leave and do not use it we still have to pay for it plus a second site too. Just cannot afford that
Share your concerns regarding bouncing back up and relegation being good for us. It wasnt so good coming down from the premiership was it so why do people think it would definitely be different going down again .
The only way we get assets is by buying them, we dont have any money free to do that unless we get an investor in but even that may have annual costs, we cant borrow because our financial state is so poor no one will lend us the money but loans have annual costs. So unless ACL gift us the stadium this focus on must have assets is largely irrelevant in the short term
I think you hit it on the head ........" If we can stabilise the bank balance, we have a good young crop of players who could shine in a lower division and there is hope for the future. If not, the issue will spiral, a cycle of decline!"
Moving grounds is not the solution
We are also locked into a lease at the stadium, so if we leave and do not use it we still have to pay for it plus a second site too. Just cannot afford that
Share your concerns regarding bouncing back up and relegation being good for us. It wasnt so good coming down from the premiership was it so why do people think it would definitely be different going down again .
The only way we get assets is by buying them, we dont have any money free to do that unless we get an investor in but even that may have annual costs, we cant borrow because our financial state is so poor no one will lend us the money but loans have annual costs. So unless ACL gift us the stadium this focus on must have assets is largely irrelevant in the short term
I think you hit it on the head ........" If we can stabilise the bank balance, we have a good young crop of players who could shine in a lower division and there is hope for the future. If not, the issue will spiral, a cycle of decline!"
Moving grounds is not the solution
sky blue zam
Member
When are they playing here again
covcity4life
Well-Known Member
great bump
torchomatic
Well-Known Member
Two years ago. Who'd have thought?
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RoboCCFC90
Well-Known Member
Unbelievable..
His opinion just three weeks ago:
Some things don't always work out for the best - a lesson for all of those that think giving the stadium away now is a good idea.
Some things don't always work out for the best - a lesson for all of those that think giving the stadium away now is a good idea.
Grendel
Well-Known Member
It's the only idea to get football back in Coventry. The cheaper the better is surely the mantra for all geniune CCFC fans on here.