You can say that Noggin but would you say that paying £1.2M is fair considering that you have also just said that £400K is a fair compromise? As I have said previously on this forum the Ricoh Arena was doomed to fail for CCFC and CCC from day 1.
CCFC to some extent had no choice but to go with it as there was no other options out there.
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It's not a simple yes or no answer and I don't have the full information required to answer it even if it were. I don't think the club were being ripped off though when the deal was made, you say the club had no choice to go with it and that is true but that was completely of our own making, it was also true that the deal was set up in order to bail out the club and a large amount of money needed to be paid back to the bank, if the rent hadn't been set so high then the whole deal simply wouldn't have worked, ACL wouldn't have had the income to pay back the loan. It was also set up so the club could get the stadium (or at least half of it) as soon as possible and it's completely unforgivable the club hasn't done so.
A more simple question to answer is.. is 1.2million rent a sensible amount to be paying for a league one club with 12k attendance and the answer to that is no, the club were certainly right to try and renegotiate it, there methods were unreasonable but I can't argue that they didn't get results. If the club had agreed the deal at 400k while the way they went about it was wrong I'm sure we'd all have been delighted, as much as Grendel thinks otherwise none of us care about the council.
One things for sure though at least from the number we hear that we are paying for sixfields 400k for a stadium of this calibre is actually very reasonable, it's a much better deal for what you get than sixfields is where we don't even have priority on dates despite it being a football league rule.
The simple fact of the matter though is what damage Richardson did to us and weather or not the councils deal with us at that time was fair is completely irrelevant to the choices sisu have made and the situation we are in now, they knew the situation when they took over the club, the low value of the club and the amount they paid for it was based on the fact that there were serious issues to fix. The fact that not only have they not fixed these issues, not only have they not taken advantage of the opertunitys to get the stadium and club back together they have instead caused many and much more serious issues all of there own.
Wouldn't have it any other way though Geez
