I'd certainly go for the long term deal, purely on the basis that within that time wasps will be crying out for financial help.A shorter arrangement is fine. But don't then moan that Wasps are personalising the stadium for them as a reason to move. Like you do !!
It will take the best part of 10 years to fund, plan and build a new stadium so why not have a 10 year rolling deal ?
Hindsight is a wonderful thing though.If the trust ever took over the club. Hoffman and Elliott would be immediately installed. The same two who helped bring sisu here. The same Hoffman who having worked in the financial industry,should have known exactly what sisu were about. Elliott has been around the club for years and not made a jot of difference. We need a clean slate. On that basis I pray the trust don't take us over. I have little faith in the trust and zero faith in them two.
My guess is that the operator is working to the contract and eradicating any additional services which are not covered, if they do not generate a suitable return.
Sorry mate, you're well off the mark They didn't run the business well at all, the revenue streams they inherited.
The revenue steams you are speaking about were there due to one of the other individuals involved at that time that I mentioned. Good bloke that was a city fan, created hundreds of thousands of pounds worth of repeat business but had his budget cut and hands tied. He left as he couldn't work under the new conditions and guess what has since done very well at one of the biggest football clubs in the world as well as one or two others Premier League club. His order book went with him, they didn't want to deal with Coventry City, they wanted to deal with him. He warned Onye of that but he still went ahead anyway.
The other point is the volume of sales that CCFC generates. There was a quote [not sure how accurate it was...] that stated WASPS games generates four times the volume of food and drink sales than CCFC.Yes, I don't think that's in dispute. It just shows the lack of goodwill on the part of Wasps towards CCFC and its supporters.
Never mind though, I am sure CCFC fans can understand the hard-nosed way Wasps are approaching this!
The revenue steams you are speaking about were there due to one of the other individuals involved at that time that I mentioned. Good bloke that was a city fan, created hundreds of thousands of pounds worth of repeat business but had his budget cut and hands tied. He left as he couldn't work under the new conditions and guess what has since done very well at one of the biggest football clubs in the world as well as one or two others including a current Premier League club. His order book went with him, they didn't want to deal with Coventry City, they wanted to deal with him. He warned Onye of that but he still went ahead anyway.
The other point is the volume of sales that CCFC generates. There was a quote [not sure how accurate it was...] that stated WASPS games generates four times the volume of food and drink sales than CCFC.
Hindsight is a wonderful thing though.
I have heard people state that Southampton knew what sisu were about , this is not true and the only reason they didn't end up owning them was the terms of the deal.
The them chairman ( R Lowe iic) wanted more money up front than was offered and so it broke down. Nothing whatsoever about not trusting a hedge fund.
Drinking in your seats during the match would account for the most of that.The other point is the volume of sales that CCFC generates. There was a quote [not sure how accurate it was...] that stated WASPS games generates four times the volume of food and drink sales than CCFC.
I've posted on another thread about Wasps and the pies - a short sharp 'no comment' on pie-gate which to me just isn't good enough.
Just read on twitter (not sure how to post screen shots on here) Gilbert of CT fame with a quick exchange where he was asked if CT could ask Wasps about if a long-term Ricoh agreement could be developed.
His response was 'We have. They say it's not a priority for them at the moment. Previously pointed to legal action from Sisu.'
Is it just me, or is that just a let off for Wasps/ ACL (again)? Where is the scrutiny? Where is the 'investigative' journalism in the public interest that the CT keep banging on about?
I'm sure when the Ricoh deal was done somewhere it said 'it can't be to the detriment of ccfc'. Obviously that is laughable, but why is there no follow up to Wasps not having any interest in negotiations? How has it got to the fact that the football club has no home in 18 months and discussions 'aren't a priority' for wasps? Don't get me wrong, I know our owners have alienated everyone, but wasps just seem to say 'we aren't interested' or 'no comment' and that's it - end of story.
It's a rhetorical question, I know why the CT don't challenge wasps/ ACL but what do we do, just lie down and take this blatant onesidedness? How can the CT not push this any further, yet deem it newsworthy enough to highlight that CCFC have expensive pies and programmes?!!
I'm far from a Gilbert fan, as many aren't on here, but he doesn't seem to do himself many favours by coming across as so one-sided, or is this just me getting wound up by it??
I asked a few weeks ago why no one on here among the loudest making anti CCC and Wasps noises does not take Wasps to task.
The silence is as it was then, deafening.
I dislike sisu with a passion, but my thinking at the time was that ccfc with at least a half share in the stadium would have been a much more saleable asset.
It may well be that sisu could possibly have gone by now.
As we all know now , wasps wanted 100% and that's what they got, even though they basically re-mortgaged to finance it.
I might be wrong but was that not the main reason ccc didn't want sisu to own any part of it ?
That guarantee does not go on forever,Surely you could be pressing the council on the condition of the Wasps sale that it won't be damaging CCFC? Haven't really heard too much about it.
According to Duggins, the council can make a difference.
Is everything their fault? Of course it isn't, but they are still there and shouldn't be ignored.
Why would anyone want to work with Sisu? That's the real reason.I dislike sisu with a passion, but my thinking at the time was that ccfc with at least a half share in the stadium would have been a much more saleable asset.
It may well be that sisu could possibly have gone by now.
As we all know now , wasps wanted 100% and that's what they got, even though they basically re-mortgaged to finance it.
I might be wrong but was that not the main reason ccc didn't want sisu to own any part of it ?
That guarantee does not go on forever,
If Sisu continue to arse around then CCFC will be out on a limb with CCC and more importantly Wasps
I dislike sisu with a passion, but my thinking at the time was that ccfc with at least a half share in the stadium would have been a much more saleable asset.
It may well be that sisu could possibly have gone by now.
As we all know now , wasps wanted 100% and that's what they got, even though they basically re-mortgaged to finance it.
I might be wrong but was that not the main reason ccc didn't want sisu to own any part of it ?
That guarantee is not cart blanche for Sisu to continue to irritate.Exactly right , The quotes from AL regarding the sale are available for everyone to see.
They would only sell if the deal would not negatively impact either ccfc or crc.
That has turned out to be a load of old Bollocks , has it not ?.
Not forever if CCFC don't want to help themselves.So how long does a guarantee and a condition last? Wasn't that part of the reasoning for it also, that it wouldn't damage CCFC and Cov Rugby?
That guarantee is not cart blanche for Sisu to continue to irritate.
They have hardly made any steps to sort this out in the 2 years + that Wasps have been here.
Anybody a party to what Sisu are doing with the court cases ?
At what point did SISU make an offer for the stadium ?Absolutely, if SISU had purchased the stadium at some point over the last nine years then I truly believe they wouldn't still be here. We'd have a much more attractive purchase to potential investors. As Nick says we had petitions from fans and others sharing templates begging the council NOT to sell to SISU as they would just borrow against the stadium. Wasps did exactly that within a month of getting the lease. To use a phrase well used on here "you couldn't make it up".
She probably got assurances from Wasps that CCFC would remain at the stadium.So, Ann telling lies is actually the clubs fault then?
She probably got assurances from Wasps that CCFC would remain at the stadium.
Is that not still the case?
Come back to me when CCFC are not at the stadium.
It doesn't matter if they made a bid during the first minute or last minute , they made a rightful bid for the Higgs share, which we all know was never going to be accepted whatever the amount or conditions.At what point did SISU make an offer for the stadium ?
LOL, read it.
At what point did SISU make an offer for the stadium ?
She probably got assurances from Wasps that CCFC would remain at the stadium.
- The security and future of Coventry City Football Club
So when Wasps give us a new short term deal of £400K a year with same limited access to revenues all will be good ?But Wasps are refusing to talk to the club, aren't they? They say because of legals but no legals involve Wasps, so why are they delaying negotiations?
It doesn't matter if they made a bid during the first minute or last minute , they made a rightful bid for the Higgs share, which we all know was never going to be accepted whatever the amount or conditions.
So Wasps made an offer but CCFC had to be made an offer ?They were never offered the same deal as Wasps. And you may remember that "hell would freeze over" before the owners got the stadium. I would think that would make CCFC fans angry, but no, it doesn't seem to.
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