It must have some impact upon them though otherwise there would be no point charging the club rent, surely?
The council finds itself stuck between a rock and a hard place. On the one hand, agreeing a substantial rent reduction will provide the club with vital breathing space and relieve some of the burden on its finances. However, in doing so it deprives itself of revenue it badly needs to provide services for the people of Coventry and to deliver value for the taxpayer-to compensate, tax rates may go up or services may be stretched more thinly.
On the other hand, the council can play hard-ball and refuse to budge from its position. This maintains the financial burden on the club which, in a yet lower division with less revenue, is much more severe and presents a real threat to its future. If it breaks the club and SISU withdraw, the council is then seen as responsible for the demise of the football club, loses its rent income, and costs a good number of people their jobs at the club. Furthermore, the city loses the economic benefits of having a decent sized club which creates jobs and brings in added revenue on
matchdays in the city centre
In both scenarios, the taxpayer, and potentially the people of Coventry, lose. In the latter scenario, everybody loses-I fully sympathise with the council having to choose between the two, and it is not an easy decision to make; though on balance, I feel the former option has much greater and obvious long term benefits for all parties. It requires the council to make some short term concessions for long term benefits-but the club equally cannot duck its responsibilities.
How about this,the Rent stays the same,BUT we get all matchday monies from the Ricoh.The money from home games could ofset the cost of the Rent??
Is this to simple a plan for CCFC to ask about.
How much money is taken over a matchday??? anyone know!!
shit on Joy Splatter
How about this,the Rent stays the same,BUT we get all matchday monies from the Ricoh.The money from home games could ofset the cost of the Rent??
Is this to simple a plan for CCFC to ask about.
How much money is taken over a matchday??? anyone know!!
shit on Joy Splatter
I don't know what matchday money you can mean.
All tickets sales go to CCFC. All corporate seat ticket sales go to CCFC. Programmes etc all goes to CCFC. That leaves the profit on pies and pints and food in the lounges. To equal the rent of £1.2m on say 25 games you would need a profit of £48,000 each game. with a gate of say 12,000 that would be a margin of £4:00 per person. What price would a cup of tea or a pint have to be to generate that sort of margin, or how many cups of tea or pints would everybody have to drink?
The food and drink is contracted out to compass I believe on a five year deal so we can't have money from catering also car parks are councils so won't get much of them if there reducing rent,I don't know what matchday money you can mean.
All tickets sales go to CCFC. All corporate seat ticket sales go to CCFC. Programmes etc all goes to CCFC. That leaves the profit on pies and pints and food in the lounges. To equal the rent of £1.2m on say 25 games you would need a profit of £48,000 each game. with a gate of say 12,000 that would be a margin of £4:00 per person. What price would a cup of tea or a pint have to be to generate that sort of margin, or how many cups of tea or pints would everybody have to drink?
Just thinking out loud!! But im sure a Pie and Pint cost near £6 so it would help a GREAT deal?.Every little Helps.
Then the Rent money would be close to "The lower rents other clubs have to pay"??? was this not ONE of the main points,LOWER RENT.
Shiiiiiit on Joy Splatter
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