I agree .
The main area of Crossover and I don't really mean that unless City were Prem will be among the business community IMO.
i really can't see there being competition in terms of sports fans between CCFC and Wasps, crossover will be minimal.
I agree .
The main area of Crossover and I don't really mean that unless City were Prem will be among the business community IMO.
CCC can't refuse permission based on spite and getting funding from other sources isn't inconceivable. The biggest obstacle will be local residents, however if you go around Warwick Uni way, throw in extra facilities open to students, even get a collaboration with the academic side for things like sports science. Get the university's weight behind it and chances perhaps aren't so bad.
It would really shock me if the University got into bed with Sisu and they would have to in that area as they own all of the land.
Seems to me that SISU only have one strategy. Distress our land lords. I dont think they'll go as far as a rent strike again but the continued talk of a new stadium must be making them think about the viability of their new investment without the local football team.
Which is why you could throw in extra facilities for the university into the deal, make the place a real community hub rather than just a football ground. Problem is I suspect we are putting more thought into this than SISU are at the minute.
Their answer seems to be build a new ground which will then give the club an asset when it's time to sell, but as the asset will cost more than £20 million to build can't really see that it's a great benefit as they will have shoved up the debt again.
CCC can't refuse permission based on spite and getting funding from other sources isn't inconceivable. The biggest obstacle will be local residents, however if you go around Warwick Uni way, throw in extra facilities open to students, even get a collaboration with the academic side for things like sports science. Get the university's weight behind it and chances perhaps aren't so bad.
Get the Uni to build a stadium for us. They would get free/cheap tickets. Share of matchday income. Free sponsorship. Cheap rent.
SISU then could stop paying the rent. Threaten to take our club out of Coventry. Start a JR on where the funding came from. Make the stadium a 'white elephant' that nobody else would be interested in. Tie the Uni up in so much litigation that they would be happy to sell cheaply just to stop the waste of time and money whilst SISU batter them in court.
Why can't SISU come up with a plan like this?
Some of our fans need to wake up and smell the coffee. Forget any deal with Warwick Uni - they are a first rate Uni, a middle class academic institute in the city of coventry which carries the name of town miles away, their students live in Leamington or an campus. The closest they come to Cov is the train back to the home counties. Do you think they want 10,000 football fans anywhere near their campus ? and do you think with SISU's track record the Uni would ever consider a business venture - WASPS possibly but us no chance.
CCC would struggle to justify spending ratepayers money on the necessary infrastructure charges roads etc.. on a new stadium in the city especially with the Ricoh being available but I've fallen into the trap again talking about the fisher fantasy bowl - it isn't happening - a stadium requires at least £20m of investment without any immediate return.
Exit strategy - there is no strategy post WASPS getting the Ricoh
So you think they'll aimlessly tread water for 10 years or so?
Possibly get it cash neutral (which I think they have achieved) hope that a billionaire comes in but to sell now / or give it away would mean that they would have to recognise the huge losses in their financial accounts and that could impact on their reputation.
I think as another poster said January transfer window will show us whether they have any short term strategy,
Well I suppose if the club are not losing money the pressure to act is diminished. But I do think they will eventually have to have a go or throw the towel in.
A bit cynical there Astute. Reality is that this is the real rock and hard place scenario for which I think there is no easy answer but there's no harm in trying to come up with one. Negotiation with Wasps is highly unlikely to see us get all the revenue we generate but I agree is worth a go. If we don't get it then the best long term solution surely does have to be owning our own ground.
But is it really an asset Tim Fisher himself said that the ground(Ricoh) is only bricks and mortar therefore not really worth a lot, why should the new ground then be worth anything?
Build it for 20-30 million and then sell the club for 10 million :thinking about:
So you think they'll aimlessly tread water for 10 years or so?
more "continue to sink" as opposed to "tredding water"
And that, in your judgement, is the business plan of a hard nosed hedge fund?
Yes we could do with all of the match day revenue. There is a deal to be done if they can stop playing silly buggers. Wasps will want income from CCFC. Rent for starters. Then negotiate the rest. Wasps moved because of their rent going up. They have first hand experience of paying a high rent.
The SISU plan seems to have been a mini Ricoh. But supermarkets have stopped building big stores. They admitted that they needed to lend money. Would anyone here lend them their savings? Who would risk building a stadium for them? They would want the cash up front. Not do it to rent to them for sure. Yet they keep up with the new stadium crap.
Tim told us at his last meeting that the investors were in place.
Could he be right for the first time?
Only time will tell.
Yes we could do with all of the match day revenue. There is a deal to be done if they can stop playing silly buggers. Wasps will want income from CCFC. Rent for starters. Then negotiate the rest. Wasps moved because of their rent going up. They have first hand experience of paying a high rent.
The SISU plan seems to have been a mini Ricoh. But supermarkets have stopped building big stores. They admitted that they needed to lend money. Would anyone here lend them their savings? Who would risk building a stadium for them? They would want the cash up front. Not do it to rent to them for sure. Yet they keep up with the new stadium crap.
i have yet to see their business plan, thats a major part of the prolem, the fans dont know what on earth they are planning on doing.
However, i have seen a pic of a stadium some months ago
This is this crux of it, I hear it all the time on here, over and over again, several times on this thread alone... They have no plan! Do you really believe a London hedge fund has no plan? It may be plan C, it may be a plan you have no faith in, but do you really believe they have NO plan? That these organisations don't plan? It may change, it may react but there is a plan. I'd love to know what it is.
This is this crux of it, I hear it all the time on here, over and over again, several times on this thread alone... They have no plan! Do you really believe a London hedge fund has no plan? It may be plan C, it may be a plan you have no faith in, but do you really believe they have NO plan? That these organisations don't plan? It may change, it may react but there is a plan. I'd love to know what it is.
Astute, how does paying Wasps rent and a share of the revenues that *we* generate pave the way for a successful future? It will hold us back just like the years of renting and no access did under CCC/Higgs. Totally get that a new stadium is as likely to materialise under these owners as Pressley having a shave, but in the real long term, surely a new ground is preferable?
Merge with CRFC.
They have à ground.
Astute, how does paying Wasps rent and a share of the revenues that *we* generate pave the way for a successful future? It will hold us back just like the years of renting and no access did under CCC/Higgs. Totally get that a new stadium is as likely to materialise under these owners as Pressley having a shave, but in the real long term, surely a new ground is preferable?
Is there one? The big prize has now gone and so what do the idiots do next? Do they know themselves? If this has been done before then I apologies but I want to know how they think that they can now get of the hole which they have dug for themselves.
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