skybluetony176
Well-Known Member
Are you saying Wasps overpaid for it?
The ACL business has a bad a credit rating as sisu and a colossal debt. A half share is worth nothing.
There was one article that suggested RICOH were considering extending to 15 years, sure it never happened in the end though.
As it was a ten year deal it would have ended in August.
I say knock down Bablake school cos Coventry doesn't do rich people.
August '15 is what I've read in several articles
We signed a two plus two deal I'm the first place. This is just that extension, I doubt it was negotiated again so why all the "why two years" comments?
It was for 10 seasons I.e 2005-2006 etc... So 2015-2016 so it runs till next year
No it ends now and they are looking for new sponsors which they admitted May result in a period where it is nameless. I suspect the Ricoh final payment has long been made.
It was confirmed by the rugby club owner?
Les said "build". No-one confirmed that. Just that they talked and found that the Butts wouldn't work. So a bit of "poetic licence" from Les. Maybe to help negotiations.
It's rather odd to see someone whose only interest in CCFC seems to be when les Reid writes in the Observer.
Wrong. Interested that people miss glaring BS sometimes from one journalist, but split hairs if necessary if another journalist doesn't follow the right party line. Just an observation.
I'm surprised only one person mentioned how things would change if we were promoted. We have a bigger fan base than Wasps and would command a bigger name for ground sponsorship than them too.
It makes sense for Wasps to have us around and at some point in the future I can see the same owners for Wasps and City.
I'm surprised only one person mentioned how things would change if we were promoted. We have a bigger fan base than Wasps and would command a bigger name for ground sponsorship than them too.
It makes sense for Wasps to have us around and at some point in the future I can see the same owners for Wasps and City.
Contractually it was only ever a guaranteed 2 year deal. The option for extension existed but probably on terms to agreed.We signed a two plus two deal I'm the first place. This is just that extension, I doubt it was negotiated again so why all the "why two years" comments?
Reid's observations are accurate. The club has looked at the Butts as an option.
Gilbert meanwhile deserves all that's thrown at him. Having fulfilled the role as the councils very own Lord Haw Haw on here when the going got tough he got going - as far away as possible. Pathetic.
Have you reread the "build" revelation from Reid ( there is a link at the bottom of the latest article )? It was also repeated, by the guy buying the whole site, that the Butts was not suitable for CCFC for various reasons ( size restrictions, development costs etc. ). Totally different facts to claiming that the exclusive "building" report had been confirmed. Sorry, the CT may have supressed a story ( or two ;-) ), but this is embarrassing. I understand that Les is peeved, but this doesn't help his case.
I'm surprised only one person mentioned how things would change if we were promoted. We have a bigger fan base than Wasps and would command a bigger name for ground sponsorship than them too.
It makes sense for Wasps to have us around and at some point in the future I can see the same owners for Wasps and City.
To remind you, this was Reid's catagoric statement : "The site identified by the Sky Blues to build a new stadium is the Butts Park Arena home of Coventry rugby club, the Observer can exclusively reveal”Reid's observations are accurate. The club has looked at the Butts as an option.
The club looked at possible sites, talked to possible Councils and went down the avenue of moving the club out of the city on a ground share. They have no idea what they are doing the only plan they have is a half arsed court case appeal and a false drawing on imaginary land. So i really don't care who wrote what for whatever reason, the fact is we are still at the Ricoh and still being played by the owners to our long term future.
Sisu have been terrible for this club and still today are showing no improvement is deciding our long term future, a few result is still not good enough if no long term plan is set. I am fed coming and goings of personal, who really dont say anything of any value just find a different way of telling us we fucked up and don't know how to turn it round. Les and Simon can write what they want or are told it makes no difference, the clubs owners need to Build, Rent long term or sell.
The club looked at is as a potential site.
The person looking to actually purchase the lease clearly is not exactly going to go in print and state it is possible as they would massively increase the price he wants to pay.
To suggest this is worse than suppressing a story (or two) is frankly extraordinary. Also it's very telling regarding your subliminal thought process.
Disappointed and hopeful in another respect.
Hopeful as Mr Anderson's previous interviews suggests staying at the Ricoh long term is an option. In the last few years this seemed to a complete no no. So it's nice to that it is now admitted that it's an option.
For me no one has ever properly explained how financing a stadium can in the long term be financially viable. So the suggestion makes no sense.
Disappointed as this announcement means another pointless two years. I presume this will be two years of legal wrangling and no stadium progress.
Hopefully in two years time we will get a long term or 20-30 year commitment. Or half the cost of building a new stadium spent on half of ACL.
It always was an option - if not the only option. It certainly isn't a pointless two years. Two years at a low rent whilst working on the long term future is a great deal. Less likely that we make a mistake whilst being under pressure. The value of us being at the Ricoh to the naming rights will now come out. Either they will be agreed at a high price for 10 years, meaning that CCFC is irrelevant, or the contract may be for 2 years to be renegotiated, or maybe with an increased price if CCFC sign up long term. Who knows, but it will be interesting to see how it pans out.
I'm surprised only one person mentioned how things would change if we were promoted. We have a bigger fan base than Wasps and would command a bigger name for ground sponsorship than them too.
It makes sense for Wasps to have us around and at some point in the future I can see the same owners for Wasps and City.
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