Do ACL need us or not? (3 Viewers)

[Tonylinc]

From the silence I take it that Sisu have never come out and stated what their "reasonable rent", would be. Is this not an indication of their motives?

 

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[Sky Blues]

From the silence I take it that Sisu have never come out and stated what their "reasonable rent", would be. Is this not an indication of their motives?

I thought Fisher had implied we should be only be paying about £150,000 a year, in line with the League 1 average.

 

[torchomatic]

Do they charge the Witnesses £1.2M a year for their conventions?

:thinking about:There's a lot more happening at the Ricoh than a 'couple of pop concerts a year'.

 

[Tonylinc]

I thought Fisher had implied we should be only be paying about £150,000 a year, in line with the League 1 average.

Sorry, I must have missed that statement.

 

[Sick Boy]

£200,000 - very reasonable I'd say

Indeed it is.

Portman Road is currently owned by the council, yet Ipswich pay £110K rent a year.

Those who are siding with ACL on this matter are making fools out of themselves. If Hoffman was trying to get the best price for CCFC he would be hailed as a saviour and fighting for our future.

 

[Black6Osprey]

I thought Fisher had implied we should be only be paying about £150,000 a year, in line with the League 1 average.

Am I right in saying this is match day running costs at £10k per match plus £150k rent so approx £400k total?

If this is the case I'd say that seemed a fair level but what do I know.

 

[cloughie]

Will they spend over 1 million a year for the privilege?

The going rate is apparently £400,00

but some can't even afford that

 

[Sick Boy]

I see that those who complained that we were not investing in the squad would now prefer the club to make huge cuts in the playing budget to make sure that the club continues to pay a huge amount of rent. Surely it would not be right for anyone new looking to invest in the club to seek a reduction in rent either as it wouldn't be right. No one is ever going to agree to pay £1.2m a year rent for a club in league 1, it is utter madness.

 

[Sick Boy]

The going rate is apparently £400,00

but some can't even afford that

Then we should make further cuts in the playing staff to ensure that we continue to pay the rent.

Of course SISU can afford it, this is what they do best...the council/acl don't have a chance and will eventually give in.

 

[Sky Blues]

Am I right in saying this is match day running costs at £10k per match plus £150k rent so approx £400k total?

If this is the case I'd say that seemed a fair level but what do I know.

I don't know if Fisher was counting the the £10k per match in or out of that rent. He appears to have been equating it to rent recently. But maybe that's just smoke and mirrors stuff for the PR battle.

 

[cloughie]

Am I right in saying this is match day running costs at £10k per match plus £150k rent so approx £400k total?

If this is the case I'd say that seemed a fair level but what do I know.

That is the figure that Fisher has turned down No to £400.000 yet the other 2 directors said accept it?
You just have to love the democracy of the board or is there another motive ?

maybe that has been publicised on here many times

 

[Tonylinc]

I see that those who complained that we were not investing in the squad would now prefer the club to make huge cuts in the playing budget to make sure that the club continues to pay a huge amount of rent. Surely it would not be right for anyone new looking to invest in the club to seek a reduction in rent either as it wouldn't be right. No one is ever going to agree to pay £1.2m a year rent for a club in league 1, it is utter madness.

Let's look at some facts here:-
1. Sisu carried out "due diligence", and therefore knew of the lease terms.
2. Sisu got us relegated by non-investment in the team.
3. As a result of relegation a loss of income occurred
4. Who therefore is responsible for this present situation?

And now they want everyone to take the hit that they alone are responsible for!

 

[cloughie]

Then we should make further cuts in the playing staff to ensure that we continue to pay the rent.

Of course SISU can afford it, this is what they do best...the council/acl don't have a chance and will eventually give in.

Yes we could well do with getting rid of our none playing 'players'

You under estimate the who has the upper hand ...we will see

 

[Official Away Travel]

Name one other similar venue which has no regular sporting team in it.

It's not all about sport!

 

[Black6Osprey]

That is the figure that Fisher has turned down No to £400.000 yet the other 2 directors said accept it?
You just have to love the democracy of the board or is there another motive ?

maybe that has been publicised on here many times

But is the 400k they've turned down rent and match day costs combined or have they offered 400k rent but they've still got to pay match day costs?

If its combined I think its about right and I'm not sure they will do much better.

 

[torchomatic]

Yeah, I hope the club goes down the tubes to teach them a lesson. ACL can then charge Melchester Rovers ten trilion pounds a match.

Good for the local taxpayer, etc etc

Let's look at some facts here:-
1. Sisu carried out "due diligence", and therefore knew of the lease terms.
2. Sisu got us relegated by non-investment in the team.
3. As a result of relegation a loss of income occurred
4. Who therefore is responsible for this present situation?

And now they want everyone to take the hit that they alone are responsible for!

 

[Sick Boy]

Let's look at some facts here:-
1. Sisu carried out "due diligence", and therefore knew of the lease terms.
2. Sisu got us relegated by non-investment in the team.
3. As a result of relegation a loss of income occurred
4. Who therefore is responsible for this present situation?

And now they want everyone to take the hit that they alone are responsible for!

How are SISU the only ones responsible for the mess that the club is in? It is not as though we were having a barrel of laughs before they arrived, they have just delayed what was inevitable.

We were told what the break even figure was for the club, yet we never reached or sustained those attendances. I lay a lot of the blame for the recent mess at the feet of Ranson, unlike many who still see him as a saviour. SISU didn't know anything about running a football club, yet he led them to believe we would reach the PL sooner rather than later. Thanks to his dreadful choice of managers, it never happened, despite SISU investing in the squad.

People have complained about Portsmouth spending money they didn't have, yet they would have been happy for us to last season? We have one of, it not the highest wage budgets in league .1 this season.

If we had a choice of keeping DMG or paying 1.2m rent a year, I presume that our moralist supporters would opt for paying a rent which is way out of line with the average rent in the Championship and League 1 and be happy for it to drag us further and further down.

At the end of the day, for well over a decade now it appears that a lot of people have just seen CCFC as an easy way of making money, the whole rent fiasco is just another in a long line, how people think it is justified is beyond me.

 

[Official Away Travel]

Indeed it is.

Portman Road is currently owned by the council, yet Ipswich pay £110K rent a year.

Those who are siding with ACL on this matter are making fools out of themselves. If Hoffman was trying to get the best price for CCFC he would be hailed as a saviour and fighting for our future.

So your backing the bullies of SISU that are trying to rip off a council and charity?

 

[torchomatic]

I think he is backing the football team he supports.

So your backing the bullies of SISU that are trying to rip off a council and charity?

 

[Sick Boy]

Yes we could well do with getting rid of our none playing 'players'

You under estimate the who has the upper hand ...we will see

There are plenty in the squad that we could get rid of, people were tied to long-term contracts by the last board and manager. I am sure Robins & the latest board would love to unload them onto someone else.

SISU are experts at this sort of thing, it is what makes hedge funds so successful.

 

[Sick Boy]

So your backing the bullies of SISU that are trying to rip off a council and charity?

No, I am backing CCFC who are being ripped off and slowly bled to death.

I have never been a fan of Ranson & SISU, but it doesn't mean that I want the club to completely die or ripped off.

No one is ever going to takeover or invest in a League 1 club paying 1.2m rent a year. As I have said, if it was Hoffman using these tactics he would be being lauded by the majority now and the pitchforks would be out for 'the council & charity'.

 

[Black6Osprey]

Let's look at some facts here:-
1. Sisu carried out "due diligence", and therefore knew of the lease terms.
2. Sisu got us relegated by non-investment in the team.
3. As a result of relegation a loss of income occurred
4. Who therefore is responsible for this present situation?

And now they want everyone to take the hit that they alone are responsible for!

SISU tried to cut our cloth accordingly but trying to live within our means got us relegated.

Now here we are again. At the moment SISU are putting in more money than we are making but if we cant get this rent down then they will cut the cloth again and we will be in league 2 before we know it.

 

[Brighton Sky Blue]

No, I am backing CCFC who are being ripped off and slowly bled to death.

I have never been a fan of Ranson & SISU, but it doesn't mean that I want the club to completely die or ripped off.

It was given the reduced rent it craved but turned it down and resorted to violating the contract for 9 months rather than bother to negotiate again. Yes, all hail Tim 'Honest' Fisher.

 

[Black6Osprey]

So your backing the bullies of SISU that are trying to rip off a council and charity?

If something cost me £20 to make and I wanted to sell it to you for £110 you'd say it was a rip off.

There is no difference here. Everyone needs to make a profit and ACL are no different but the kind of margin they seem to want to make is not sustainable.

 

[SkyBlue_Bear83]

Let's look at some facts here:-
1. Sisu carried out "due diligence", and therefore knew of the lease terms.
2. Sisu got us relegated by non-investment in the team.
3. As a result of relegation a loss of income occurred
4. Who therefore is responsible for this present situation?

And now they want everyone to take the hit that they alone are responsible for!

Well I want everyone else to take the hit if the alternative is paying a rent we can't afford and risks the clubs future

 

[cloughie]

There are plenty in the squad that we could get rid of, people were tied to long-term contracts by the last board and manager. I am sure Robins & the latest board would love to unload them onto someone else.

SISU are experts at this sort of thing, it is what makes hedge funds so successful.

5 years of sisu success ............

yer right hedge funds that are successful are in and gone within 5 years

You best not drink any more tonight

 

[Sick Boy]

5 years of sisu success ............

yer right hedge funds that are successful are in and gone within 5 years

You best not drink any more tonight

Of course CCFC will not be seen as a success on their portfolio, but it is probably only a tiny part.

Their mistake was being duped into buying the club by Ranson and going along with it, they invested money yet poor decisions by Ranson meant a lot of money was wasted. They were never gong to have millions to flush down the toilet like so many would like and expect.

Now it is being put forward that we should have a massively inferior playing squad so that we can continue to pay a huge amount of rent.

The club may as well be shut down now, as no one would pay the rent which is being asked, and it wouldn't be right either. Therefore the whole thing is not sustainable and we would be better off being put out of our misery. At least no one would get ripped off anymore and as has been said time and time again, it would not be ethical for any one, even Hoffman to seek a reduction in the rental of the stadium.

 

[stupot07]

It was given the reduced rent it craved but turned it down and resorted to violating the contract for 9 months rather than bother to negotiate again. Yes, all hail Tim 'Honest' Fisher.

It was offered reduced rent yes, but not the level they want. The first offer of £600k and alleged new offer of £400k is still significantly higher than the championship and league one average.

 

[Official Away Travel]

No, I am backing CCFC who are being ripped off and slowly bled to death.

I have never been a fan of Ranson & SISU, but it doesn't mean that I want the club to completely die or ripped off.

No one is ever going to takeover or invest in a League 1 club paying 1.2m rent a year. As I have said, if it was Hoffman using these tactics he would be being lauded by the majority now and the pitchforks would be out for 'the council & charity'.

Well as its tax payers money at stake, surly we should ask the tax payers of this city - which is around 400,000. So the average attendance is around 10000, which leaves 390,000 that should have a say. If the club was so well supported then they wouldn't be in this mess!!!

 

[cloughie]

Of course CCFC will not be seen as a success on their portfolio, but it is probably only a tiny part.

Their mistake was being duped into buying the club by Ranson and going along with it, they invested money yet poor decisions by Ranson meant a lot of money was wasted. They were never gong to have millions to flush down the toilet like so many would like.

The club may as well be shut down now, as no one would pay the rent which is being asked, and it wouldn't be right either. Therefore the whole thing is not sustainable and we would be better off being put out of our misery. At least no one would get ripped off anymore.

Highlighted points
!st probably also may not be and it may be more than they can afford to lose we will never know

2nd how do we know that sisu didn't employ him to look for football club, they tried quite a few

we were just the unlucky ones

3rd No one woluld pay £400,000 but a multiiple of other uses combined using the place wouldn't take much.

Lets have it your way let sisu in for free then get a discounted price to buy the ricoh and we will then get ripped off more than you have ever seen in the past

 

[Grendel]

Well as its tax payers money at stake, surly we should ask the tax payers of this city - which is around 400,000. So the average attendance is around 10000, which leaves 390,000 that should have a say. If the club was so well supported then they wouldn't be in this mess!!!

It has nothing to do with taxpayers money why are you trying to mislead people.

Please explain how taxpayers are effected by the rent paid by the football club.

I suspect you are not a supporter of the club at all but an ACL employee. So answer the question for once.

 

[stupot07]

Well as its tax payers money at stake, surly we should ask the tax payers of this city - which is around 400,000. So the average attendance is around 10000, which leaves 390,000 that should have a say. If the club was so well supported then they wouldn't be in this mess!!!

I take it you don't support the club.

Oh and you've over estimated the city's population by nearly 100k.

 

[Grendel]

It was offered reduced rent yes, but not the level they want. The first offer of £600k and alleged new offer of £400k is still significantly higher than the championship and league one average.

Exactly. It is a disgrace. If the club pay £250K it is still over the odds.

 

[Sick Boy]

Highlighted points
!st probably also may not be and it may be more than they can afford to lose we will never know

2nd how do we know that sisu didn't employ him to look for football club, they tried quite a few

we were just the unlucky ones

3rd No one woluld pay £400,000 but a multiiple of other uses combined using the place wouldn't take much.

Lets have it your way let sisu in for free then get a discounted price to buy the ricoh and we will then get ripped off more than you have ever seen in the past

I always thought that Ranson has a 'vision' on how to run a club and sought investors out, it was probably a bit of both, but they would have had no idea on how to run a club. Of course it is easier to blame everything on SISU though, was it right that he was also charging the club massive interest on loans??

If CCFC account for 17% of ACL's profit then they cannot afford to live without the club. How much did ACL pay for 50% of the Arena, 4m? What percentage was that of the market rate? It can't even be 15%!! So it was ok for them to take advantage of a situation, and not help the football club when it is in dire need of support?

How would the club owning its ground lead to us getting ripped off more than ever? It would be hard to top how much we are being ripped off now.

 

[Official Away Travel]

If something cost me £20 to make and I wanted to sell it to you for £110 you'd say it was a rip off.

There is no difference here. Everyone needs to make a profit and ACL are no different but the kind of margin they seem to want to make is not sustainable.

It's not ACL fault the club is poorly managed - if they were so bothered about the club, why didn't they invest in the team, or buy the stadium earlier!!

There main plan is to get there hands on the Ricoh - they never wanted the club, if they did we would still be in the championship. It's all about devaluing the ACL product to get it on the cheap. However, they are now stuck because ACL and its backers compass, council, Higgs, deVere and Yorkshire bank haven't rolled over and taken it.

The fans will be thankful in years to come that they have stood there ground on this. Let the club go into admin and let a proper football owner take over - then you will see the differences in a joined up cooperation!!!!