The clubs future could just mean the activation of the "+ 2 year option"
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You are joking. Enjoy your new stadium pal - you know, the one that should've been built 2 years ago, the one that doesn't even have a plannning application in anywhere, the one Timmie's sole role is to deliver. Wasps, don't do business with the devil. Even if they sign something it won't be worth the paper it's written on (in my opinion SISU lawyers).
Yep halving their attendances in less than a year, thats particularly well run. And to think people want rid of SISU to be replaced with Wasps owners.
I would be happy with being rid of SISU and Wasps.
if food and drink not huge profitable for them they should give us 100% of it whilst leaving us with all ticket revenue and 100k rent.
ccfc should agree to that and sign a long term deal of 5 years or more.
Not sure what the Sixfields option will be worth after next Tuesday. Maybe that's why SW is now meeting Wasps. No plan B.
Is todays CT front page story basically that a landlord wants a tenant to keep paying them rent, nothing has been discussed or agreed but there's a meeting next week where they may or may not talk about it?
And if for some unknown reason we ended back in Northampton would those that bring up franchises in as many threads that they can ever watch our football club play again?
And if for some unknown reason we ended back in Northampton would those that bring up franchises in as many threads that they can ever watch our football club play again?
This is my favourite line: “Bigger crowds means more food and beverages are sold, but it’s not a big chunk of our profitability."
The more we buy at CCFC matches the more Wasps get. Hurrah!
This article might even bring those missing SBT members back.
The more we buy at CCFC matches the more Wasps get. Hurrah!
The more CCFC get too. That's always worth remembering.
And if for some unknown reason we ended back in Northampton would those that bring up franchises in as many threads that they can ever watch our football club play again?
Its never be clarified what the 50% of F&B actually is has it? 50% of revenues or 50% of profit?
Ahead of that meeting, Mr Armstrong told the Telegraph he wanted Coventry City to remain at the Ricoh Arena and explained how the Sky Blues benefited the Aviva Premiership rugby club’s business.
Specs WT-R75;986278 Just give us a reasonable rent and access to 100% of the profits we generate. Simples. ![/QUOTE said:What are the income streams that we generate or finance that we do not access?
what are the costs of getting those income streams 100%?
Is the current rent reasonable?
is the current rent available in the future?
Are matchday expenses in addition to rent?
Going to depend how worth it to Wasps it is for CCFC to be here. There is I would imagine a point where Wasps say ok go on then go back to NTFC the choice is yours.
...and herin lies the problem. What benefits Wasps/ACL will detriment CCFC when it comes to competing in the Championship should we be fortunate enough to get there. Not that I believe that a new stadium is a realistic proposition either...
Just give us a reasonable rent and access to 100% of the profits we generate. Simples.
The option on Northampton is retained likely because the club has to show the Football league it can fulfil its fixtures for the next X years regardless. It also gives the club bargaining power that Wasps do not hold all the cards (even though they do!)... the club will say we went to Northampton once, we will do it again - talk about cutting off your nose to spite your face though!
I don't buy that wasps hold all the cards. There is more value to CCFC being at the Ricoh other than collecting the rent and taking your share of the F&B income. CCFC leaving would be a PR disaster for Wasps unless we're moving to our own ground in the City, CCFC being at the Ricoh raises it's profile and largely to a different audience to Wasps and that's crucial to success especially when the naming rights are up for renewal, ACL's other customers i.e. the casino, hotel etc get a direct benefit from CCFC being at the Ricoh.
If I sat down and thought about it longer I'm sure they'll be more but to say that Wasps hold all the cards is just plain wrong.
Well you would have thought that the football club being shafted by Wasps and the Council would be a PR disaster but remarkably quite a few seemed happy about it. Takes all sorts, I suppose.
What are the income streams that we generate or finance that we do not access?
what are the costs of getting those income streams 100%?
Is the current rent reasonable?
is the current rent available in the future?
Are matchday expenses in addition to rent?
Going to depend how worth it to Wasps it is for CCFC to be here. There is I would imagine a point where Wasps say ok go on then go back to NTFC the choice is yours.
Another sixfields would probably finish the club for good so basically we're at the mercy of ACL and they can exploit us as they please.
That's the thing isn't it, they could just price us out and run to the cet and say "sisu didn't want to pay to be at the ricoh" and lots of people won't actually question what the actual price was.might not hold all the cards tony but they have a very good hand. CCFC hand really only gets stronger in terms of staying if the team is successful, challenging in L1 or better still safe in Championship. But there is the catch unless there is more income or further financial support sourced by the owners can it be sustainable. If it isn't then all the "cards" referred to actually diminish in value to Wasps.
We are assuming that the Wasps financial plans see CCFC as a major part of the Wasps success - do they? we don't know. So long as they can keep the conference/exhibition/other tenants/wasps team etc income up and increasing then the value of the long lease remains high and the whole Group breaks even or better. Which from the wasps point of view are the key issues. The long lease value was based in minor part on a 2+2 deal for CCFC hard to think that carries much value
Would they force CCFC out - hard to think they would do anything quite so blatant as change the locks. It would be offering a deal that is too expensive that would do that - their idea of expensive will not be the same as SISU's you can bet on that. Then it will be all about the PR spin as to who gets believed.
CCFC can not afford to go anywhere else at the moment until they have their own ground imo. Trouble is I don't see much evidence of any new ground.
Rock and a hard place for CCFC as usual I think
might not hold all the cards tony but they have a very good hand. CCFC hand really only gets stronger in terms of staying if the team is successful, challenging in L1 or better still safe in Championship. But there is the catch unless there is more income or further financial support sourced by the owners can it be sustainable. If it isn't then all the "cards" referred to actually diminish in value to Wasps.
We are assuming that the Wasps financial plans see CCFC as a major part of the Wasps success - do they? we don't know. So long as they can keep the conference/exhibition/other tenants/wasps team etc income up and increasing then the value of the long lease remains high and the whole Group breaks even or better. Which from the wasps point of view are the key issues. The long lease value was based in minor part on a 2+2 deal for CCFC hard to think that carries much value
Would they force CCFC out - hard to think they would do anything quite so blatant as change the locks. It would be offering a deal that is too expensive that would do that - their idea of expensive will not be the same as SISU's you can bet on that. Then it will be all about the PR spin as to who gets believed.
CCFC can not afford to go anywhere else at the moment until they have their own ground imo. Trouble is I don't see much evidence of any new ground.
Rock and a hard place for CCFC as usual I think
That's the thing isn't it, they could just price us out and run to the cet and say "sisu didn't want to pay to be at the ricoh" and lots of people won't actually question what the actual price was.
The same as when there were people offering free rent and nobody actually questioned the terms on offer.
If they had worries about the jr they could even say drop this else your out.
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