Presumably it will price out many on the waiting list but we’ll see.
Presumably it will price out many on the waiting list but we’ll see.Hopefully the club have got an extensive waiting list as I believe there's around 30 box holders protesting so far and refusing to renew. Inevitably there will be more that would've opted out too.
Presumably it will price out many on the waiting list but we’ll see.
Its only a licence - remember the criticsm aimed at SISU when Frasers invoked the original licence?
Hopefully the club have got an extensive waiting list as I believe there's around 30 box holders protesting so far and refusing to renew. Inevitably there will be more that would've opted out too.
What alternatives was he offered ??It may only be a licence but considering the history we have as a tenant at this stadium, do you really think a new landlord would just want to go all in and agree to give us everything our new owner asked ? With all the previous acrimony between all parties, I doubt ACL and SiSu combined could find their way to the nearest estate agency, let alone complete a tenancy agreement.
Glass half full. It's 5 years of relative stability where we can work with Frasers to improve our standing toward a lengthy tenancy agreement/partial ownership. Whereas the last incumbents on both sides couldn't give us 5 months without drama.
Yeah, the guy's still getting the building into the way he wants it. Let's give him half a chance at least. Glass half full. Though if DK comes through with half the things he's said, I'm expecting a full refill
Never criticise Richard Overson he put good money into the Acadamy possibly kept it afloat as a cat 2.
What alternatives was he offered ??
You’d be naive at best to think they wouldn’t do.Tim & Joy at Wembley still showed that they have some financial interest in the success of the club irrespective of who legally owns it
They don’t own any of the club but who knows whether there is a promotion clause that gives a further payment !You’d be naive at best to think they wouldn’t do.
What alternatives was he offered ??
Just catching up with this long thread, but a few thoughts:
1. A five year plan is normal business practice, it should be refreshed each year so that it remains current. It should not be a determinant of his intention to leave in 5 years
2. He spoke well, he seems open to speak with the media regularly, he said as a much at the end. JS & SISU were practically invisible to any media scrutiny. Let's see how this develops over the season, so far so good IMHO
3. He has listened to fans feedback on ST pricing before and he lowered the proposed prices for this years ST's quickly. I'm pretty sure the Exec box holders are hoping a similar level of dissonance will result in a reduction in their renewal prices - let's see
4. The commercials around Exec boxes are pretty intangible to those that buy them. They are usually reserved for use by clients of the box holder under the banner of "corporate entertainment". Such event experiences result in loyalty to that business = more sales/profit. I doubt that even the hefty increase from £9k to £25k per season would not be returned many times over in the business generated through goodwill from those box holders who use them for business purposes. Clearly this wouldn't apply to those who used them amongst a group of friends/family, but most boxes I've been in is typically 1/2 hosting clients and the rest are invited guests that don't go every week. An invite is a luxury.
5. His response to Vik's media comments was really good, hopefully it'll help us secure top dollar for him
Still lots to play out with DK, but he's made a good start. Let's hope it develops further?
I assume he does - or is DB keeping it secret?Who knows
I’d be amazed if there wasn’t.They don’t own any of the club but who knows whether there is a promotion clause that gives a further payment !
Exactly the last point, it'll be revised every year. Year one is dropped off, new 5 year plan picks up from there. Many businesses have 1, 3 and 5 years plans. It can be an interminable nightmare as you're always updating the bloody things!A 5 year plan usually assumes there is a year 6 or sets up for year 6
Which is why I asked if had any alternatives- if he settled to have 5 years and no option to extend then 5 why. Are you assuming at the end of year 1 he will review and revise his 5 years
.
But he has a defined end date after then he has to have an alternate location or plan B. Can't wait to see what he says about year6Exactly the last point, it'll be revised every year. Year one is dropped off, new 5 year plan picks up from there. Many businesses have 1, 3 and 5 years plans. It can be an interminable nightmare as you're always updating the bloody things!
But he has a defined end date after then he has to have an alternate location or plan B. Can't wait to see what he says about year6
He has a further limitation in that he has to play in Coventry so his options a very limited
Doubt if either of them - defeats the objective of a licence. That is the right to determine if they wantYep, I imagine there are already renewal clauses in place and options based on promotion? If not they’ll be keen to lock it down asap.
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Convinced that GIMOC is Dawkins in disguise. Some actual insight, vague transfer rumours, Constantly ranting about Executive boxes despite "not sitting in one myself", only turned on King since box prices were increased. Dawkins tweeted about Hamer contract offer, GIMOC posts about Hamer contract offer.
GIMOC might actually be right about CCFC is he isn't John DawkinsGIMOC is on twitter I believe but close to Dawkins lot
Gonna be a lot of pressure to be active in the transfer market with all the price increases and record sales
Lots of fans accepting the line of we need to increase our prices to increases revenue to put out a better quality on the pitch.And the fact we have a squad of about four players right now.
Lots of fans accepting the line of we need to increase our prices to increases revenue to put out a better quality on the pitch.
If that doesn't come to fruition fans are gonna turn on King very quickly after all the price hikes
The price hikes are simply to move us to average championship charges ….. they won’t guarantee any kind of success.Lots of fans accepting the line of we need to increase our prices to increases revenue to put out a better quality on the pitch.
If that doesn't come to fruition fans are gonna turn on King very quickly after all the price hikes
We should remember that the club loses money and that gap may need to be covered before we see more money on the pitch.Lots of fans accepting the line of we need to increase our prices to increases revenue to put out a better quality on the pitch.
If that doesn't come to fruition fans are gonna turn on King very quickly after all the price hikes
it’s a bit pathetic trying to hold the club to ransom because they think it’s their divine right to rip the club off
We should remember that the club loses money and that gap may need to be covered before we see more money on the pitch.
Ultimately it's the club's issue though and as such they should shoulder the blame, not the box holders. Understandably the prices were initially set in order to coax fans back to the Ricoh and plenty took advantage but why wouldn't they? Those were the prices set by the club. Realistically the prices should've gone up significantly last year rather than keeping them well below market rate - and the fact they didn't just once again highlights is the failings and incompetency of our commercial department.
Trying to correct it overnight to set it more in line with the rest of the league was always going to cause uproar. Frankly it's a comical move and the fallout could've been mitigated significantly with a bit of planning and due diligence.
They could have staggered the rises but in the meantime they’re turning down money (assuming they sell at the new price) and people would only complain prices had risen 2-3 years in a row.Ultimately it's the club's issue though and as such they should shoulder the blame, not the box holders. Understandably the prices were initially set in order to coax fans back to the Ricoh and plenty took advantage but why wouldn't they? Those were the prices set by the club. Realistically the prices should've gone up significantly last year rather than keeping them well below market rate - and the fact they didn't just once again highlights is the failings and incompetency of our commercial department.
Trying to correct it overnight to set it more in line with the rest of the league was always going to cause uproar. Frankly it's a comical move and the fallout could've been mitigated significantly with a bit of planning and due diligence.
So you keep saying and I don’t disagree. However, they still have to bring in as much income as possible and reduce losses. Then any profit from player sales has more chance of ending up on the field.The club will never make money at this level.
They could have staggered the rises but in the meantime they’re turning down money (assuming they sell at the new price) and people would only complain prices had risen 2-3 years in a row.
Better to rip the plaster off IMO.
Well it isn't because barely any box holders are renewing. At least by staggering the rises over 2-3 seasons it would've allowed the club to find its ideal price point.
As both I and others have said aligning themselves with other Championship clubs straight off the bat doesn't work as there's so many variables needed to be accounted for first.
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