At 2.7 x the rate then yes. It will be better financially.
Doug King live on air Monday (5 Viewers)
- Thread starter AFCCOVENTRY
- Start date
KenilworthSkyBlue
Well-Known Member
I think it's the immediacy of the whole situation that's shocked box holders. It's not that the club aren't within their rights to align themselves with the market rate, although I personally have some disagreements on that but can't be bothered to repeat myself again, it's that there's an attitude among businesses who have been long supporters of the club that they've just been cast aside without much consideration.
As you said the timing is also incredibly poor as there are a number who I know are now struggling with finding suitable alternatives that work with their specific match day arrangements.
As a former box holder I was happy to probably spend double on the previous price but obviously I'm not particularly enthused about the current prices. I think they could've probably packaged it better and risen it incrementally over a couple of seasons to find their ideal price point which would've alleviated much of the fallout while ensuring to not compromise on the club's bottom line. But that's my opinion I appreciate others may not agree.
Regardless it is what it is and I've found alternative seating which I'm happy with.
mmttww
Well-Known Member
I think you're a bit out of touch if you think many fans consider that the "most important" issue re: the club.
croatskyblue
Well-Known Member
All well put & fair points, however.. the same rules that apply for those in a financial position to pay for boxes also apply to the person selling them- ie get as much for what you’re selling as possible.
I don’t believe for a single second that any business owner wouldn’t have done the same in order to increase revenues, as long as the customer base will take it. And I guess we’ll see on that point soon enough.
Saddlebrains
Well-Known Member
shmmeee
Well-Known Member
yes if it raises more money than last season.
Perryccfc
Well-Known Member
Delusional.
Greggs
Well-Known Member
He technically is
KenilworthSkyBlue
Well-Known Member
Well exactly, will the customer base comply? I know for a fact at least 30 of the total box holders aren't renewing. There's undoubtedly more as those are just the one's I've directly heard about.
Equally, having worked within the region and gaining an understanding the local business landscape over the years I suspect the club will struggle getting a stream of new box holders in. I just don't think there's the spending power locally and the businesses that are able just aren't/won't be particularly bothered about aligning themselves with the club in a commercial capacity.
For those that are vaguely interested it will probably take at least a year for the club to nurture those kind of new relationships anyway.
Granted DK will only need to sell less than half to best last season's income and the majority of the rest can be sold on a match-by-match basis which may work but they'll only sell if the performances on the pitch warrant it. Better to have box holders tied in for a season than rely on sporadic sales every home game. Hence why I think my approach was more sensible.
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Ccfcisparks
Well-Known Member
Yes because we will have made more revenue
COVKIDSNEVERQUIT
Well-Known Member
HuckerbyDublinWhelan
Well-Known Member
King made his money trading in oil and commodities
Hobo
Well-Known Member
Neither would Mike Ashley.
Well lots of our fans put their own money in last season by buying a kiddies season ticket for about £20.
Most sensible businessmen don't just plough their own money into a business until the basic structure and foundations are in place. Why prop something up with your own money if you genuinely think the product is being under valued and under sold.
Grendel
Well-Known Member
Well you get a £200 million reward if you get it right
Jamesimus
Well-Known Member
I believe Mr.Greggs may be talking about rapeseed oil... ...
RoboCCFC90
Well-Known Member
Without question, yes.
Greggs
Well-Known Member
Hobo
Well-Known Member
Really?
Excluding loans and free transfers, it is estimated Nottingham Forest spent £205m on 18 new players.
The money from promotion soon gets swallowed up in transfer fees, wages and agents fees. I don't think it is the Golden Goose some people think it is?
KenilworthSkyBlue
Well-Known Member
It entirely depends on the individual strategy of the club surely?
Bournemouth for instance didn't spend anywhere near that, their transfer spend in fact was very modest.
Forest's owner is incredibly wealthy and very ambitious so they were always going to throw the kitchen sink at it.
The last thing Richard Overson needs is any access or influence he might get from CCFC
King has stated that Overson the club should have got more out of him and his donations etc were not enough
We are not only talking about the ST Fund either but the Academy, Ryton and repairing the pitch etc
Further he does not spout off or use PR ranters to make a fuss about it
Absolute nonsense!
COVKIDSNEVERQUIT
Well-Known Member
Happy_Martian
Well-Known Member
As this thread seems to want to spin ever onwards and downwards, here's a genuine question for the forumites.
Of those who are unhappy with the decision regarding the increased pricing of Corporate and Hospitality generally...,
How many are actually personally affected by it ?
How many are unhappy as it means their ticket prices have increased ?
And how many are offended just because they have the right to be offended ?
As previously mentioned, I have no dog in this fight as I don't attend games. But I'm in favour of any effort to improve the club, its finances and the playing squad. If DK and his team have identified this as a prospective avenue to look at and have the figures to back their decision up, why would we as fans be against it ? If we've been charging well under the league average per box, it only makes sense to balance that up for a minority of fans (and those whose guests have no interest in Coventry or football) rather than something that could impact on the whole stadia (F&B price hikes, general ticket price increases etc).
As per GIMOC's comment regarding only selling half the boxes before the season, I'd be very happy to see 1/2 or more have committed occupiers, half of those remaining to be available on a game by game basis (maybe at a reduced cost and level of service) and the remaining boxes be donated for local charity usage to support Dave Busst's SBitC efforts (in addition to those already in the Family Zone). Club continues to have guaranteed income, a facility to award or provide for additional viewing and the option of ensuring we remain a club of the community and not just one for those who can pay for the privilege.
Just my opinions written on an out of date postage stamp (worthless).
Of those who are unhappy with the decision regarding the increased pricing of Corporate and Hospitality generally...,
How many are actually personally affected by it ?
How many are unhappy as it means their ticket prices have increased ?
And how many are offended just because they have the right to be offended ?
As previously mentioned, I have no dog in this fight as I don't attend games. But I'm in favour of any effort to improve the club, its finances and the playing squad. If DK and his team have identified this as a prospective avenue to look at and have the figures to back their decision up, why would we as fans be against it ? If we've been charging well under the league average per box, it only makes sense to balance that up for a minority of fans (and those whose guests have no interest in Coventry or football) rather than something that could impact on the whole stadia (F&B price hikes, general ticket price increases etc).
As per GIMOC's comment regarding only selling half the boxes before the season, I'd be very happy to see 1/2 or more have committed occupiers, half of those remaining to be available on a game by game basis (maybe at a reduced cost and level of service) and the remaining boxes be donated for local charity usage to support Dave Busst's SBitC efforts (in addition to those already in the Family Zone). Club continues to have guaranteed income, a facility to award or provide for additional viewing and the option of ensuring we remain a club of the community and not just one for those who can pay for the privilege.
Just my opinions written on an out of date postage stamp (worthless).
Your reflection in mirror?
Whats his plan when the 5 year licence expires?
Its only a licence - remember the criticsm aimed at SISU when Frasers invoked the original licence?
Hobo
Well-Known Member
Bournemouth spent about 90m on transfers then add on the wages?
KenilworthSkyBlue
Well-Known Member
Ah sorry I didn't actually realise they spent in January. Ignore!
Bournemouth appoint Andoni Iraola as manager after sacking Gary O’Neil
Bournemouth have named Andoni Iraola, who had left Rayo Vallecano at the end of the season, as manager after surprisingly sacking Gary O’Neil
Probably going to be more!
Love Dougs approach, so refreshing to have an owner that seems to care.
Saw on facebook all the moaners out in their numbers complaining that boxes have gone from £9k per season to £25k.... and that because of this only 4/40 boxes sold.
Lets put it into numbers
£9000 x 40 = £360,000
£25,000 x the 4 that we have sold- £100,000
so we are over 1/4 of the way to hitting last years sales figures with 36 boxes to spare!!
We have been under paying on tickets for years and we all know it! as a few have said i will judge doug after this window. but so far so good. he must have quadrupled our budget from the price increases alone! excited to see how we look come august.
Saw on facebook all the moaners out in their numbers complaining that boxes have gone from £9k per season to £25k.... and that because of this only 4/40 boxes sold.
Lets put it into numbers
£9000 x 40 = £360,000
£25,000 x the 4 that we have sold- £100,000
so we are over 1/4 of the way to hitting last years sales figures with 36 boxes to spare!!
We have been under paying on tickets for years and we all know it! as a few have said i will judge doug after this window. but so far so good. he must have quadrupled our budget from the price increases alone! excited to see how we look come august.
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Interesting maths!
I’ve heard the same, trying to force a price cut
Became pretty transparent in the corporate box thread.
KenilworthSkyBlue
Well-Known Member
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.
was never my strong point !! fixed though..... i think
