olderskyblue
Well-Known Member
According to Rob S
- For League 1 in the £175k–200k range. Would increase if we got promotion to Championship/Premier League (!). Rent is payment to use the stadium match day facilities.
You massive fucktard. You do hurt me.
What is £175k over 23 days paying for?
I also note that clever use of words ; sisu state they have put into the escrow more than they owe...that doesnt mean 590k does it? If they believe they only owe 100k, they may have deposited 105K...well short of waht ACL is due
Its all a game by sisu
If that is true then why have the club never made an offer to buy the Ricoh and stuck to it then?
According to Rob S
- For League 1 in the £175k–200k range. Would increase if we got promotion to Championship/Premier League (!). Rent is payment to use the stadium match day facilities.
Any move to the Ricoh will be short term, a couple of years at most, so ACL still have the longer term issue of needing a long term tenant.
Such a tenant is not going to be easy to find, presumably they will need to keep their options open in case they can find one.
Seems that SISU are essentially saying any rent they will pay will be nominal based on League 1 averages and 30 odd days occupancy.
Just wonder how attractive a deal it could possibly be?
In fairness it's no 'cash cow' and I think in some respects that's a problem. The council seem desperate to prove the investment themselves.Or how much CCC / ACL really want CCFC their or whether they still see the Ricoh primarily as a "cash cow" for CCC?
Fair enough. It's quite vague. Do facilities include the food and beverage outlets? Car parks? How much do they cost to run on a match day?
Or how much CCC / ACL really want CCFC their or whether they still see the Ricoh primarily as a "cash cow" for CCC?
The club agreed to the original deal, the club then refused a deal which was less than a tenth of the original deal. That is what I don't get.
The club agreed to the original deal, the club then refused a deal which was less than a tenth of the original deal. That is what I don't get.
Only the parties involved know what was or wasn't offered, far too much conjecture.
They shouldn't pay anything other than trade costs (products/labour).
It's worth nothing to ACL and Compass when the club plays in Northampton.
Only the parties involved know what was or wasn't offered, far too much conjecture.
All from Rob S
- Three-year contract with one-year rolling if required.
- Priority use of stadium on match days.
- Rent benchmarked to division the club is in.
- Club pays match day costs.
- Access to F&B revenues for days the club is renting the stadium
Some more detail:
Other things that are affected / can influence:
- So only paying for 23–30ish days per season.
- Would need some details looked at to cover any cup replays or other last minute schedule changes, e.g. TV
- For League 1 in the £175k–200k range. Would increase if we got promotion to Championship/Premier League (!). Rent is payment to use the stadium match day facilities.
- Club match day costs are for things like stewarding, police, medical & emergency etc.
- The eternal food & beverages issue. No idea what the club would want but I'd imagine Compass wouldn't be too unhappy sharing a percentage of the revenues of an extra 250,000ish punters a year.
- Potential increase in revenues for other arena tenants, e.g. De Vere Hotel, Casino.
- Ditto for the rest of the city, e.g. buses, taxis, pubs, chippies, local sports & social clubs that rent out parking space, etc.
- Sponsors, e.g. Ricoh, Jag
- Etc.
The club agreed to the original deal, the club then refused a deal which was less than a tenth of the original deal. That is what I don't get.
No but it's better than nothing and may make the club a little bit more attractive to a buyer (dreaming again)None of us get that really. Not saying it's right. For me, any extra revenue streams help for FFP but it ain't going to suddenly make a loss making business profitable.
No but it's better than nothing and may make the club a little bit more attractive to a buyer (dreaming again)
Meeting at the Calthorpe Arms ? not only do we play 35 miles away from Coventry we hold supporters group meetings miles away too, why not meet at the Rose and Crown Bell Green or somewhere similar in Cov. Sounds like a tea and biscuit brigade to me.
It's the LONDON supporters clubMeeting at the Calthorpe Arms ? not only do we play 35 miles away from Coventry we hold supporters group meetings miles away too, why not meet at the Rose and Crown Bell Green or somewhere similar in Cov. Sounds like a tea and biscuit brigade to me.
No but it's better than nothing and may make the club a little bit more attractive to a buyer (dreaming again)
In fairness, I think the F&B has to be subject to negotiation, like everything else. The club sold the F&B rights, to expect them back for nothing is perhaps a little unreasonable. Like all of this, there are probably shades of grey. If the club weren't playing at the Ricoh, could ACL make F&B out of another event that could go on in it's place?
There's also the issue, of course, of F&B now falling under the remit of another company, part-owned by ACL. I would think a proportion of F&B profits for both sides might probably be the easiest way through this - everyone wins, to some degree.
Regardless, I think the key is to start negotiations - the two sides can arm wrestle about the detail.
If SISU dropped the court stuff, I can't really see how ACL could justify not talking now.
No. The club pays rent for them essentially. What's your problem with this anyway? Why is anybody concerned about what ACL get?
F/B - yes, sold by the club many years ago. But times are very different now. The lease is gone, the club is playing elsewhere, new politicians at the CCC, new owners, a different financial climate and a new Financial Fair Play regime.
Everyone says 'time to move on' but in fact seems to be firmly stuck in the past.
Anyway, the profit of the F/B is not much. Was it 10% but increased some after the Compass deal?
So not much to share. Not much to give away. Not much to buy.
This really shouldn't be too difficult to agree a deal on. But the revenue MUST go through the club and count towards the FFP calculation.
The JR appeal? Well, I think I am just about the only poster who think it should not be dropped. And if the appeal is rejected they should take the case to the EU. As long as no final ruling is made the JR will have a bargaining value. This is important as the deal that may be struck is an interim solution. A short term deal. It definitely won't work for the club long term. Another deal is needed. A deal to bring ACL into a SBS&L group.
No he's saying that SISU need a bargaining tool as much as ACL do.So are you saying your happy for the club to stay at sixfields so Sisu can continue down the JR route ?
No he's saying that SISU need a bargaining tool as much as ACL do.
So does the "offer" include the expectation of receiving the match day revenue rights (the ones the club sold) for nothing?
Do we know if Joy has sanctioned Tim's offer?
No good if the bargaining tool is preventing anyone getting around the table in the first place !!
This is convenient for Sisu because they don't want to return. The offer is purely for the FL's benefit and hoodwink a few gullible fans.
Is TF not chief executive? Generally CEOs have power to make these kind of decisions themselves. That is why they are paid so much.
This is the kind of thing that puzzles me. Why wouldn't a fan of the club want CCFC to benefit from match related income?
Yes, another group trying to sound important, how many are there ? a fucking fanny full at most, meeting a lot, saying a lot and achieving fuck all, as I said little more than a tea and biscuit brigade.It's the LONDON supporters club
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