Protest is one thing and lots of sentiment only mask to realities at play.
For those that believe in all this protesting will have an effect please then explain how it will change anything and which of these protagonist are right, which are wrong, what would you try and do if you were in either of their shoes?
Is it right to demand a club return to the Ricoh where they have been ripped off by ACL and their demands are as equally threatening as SISU's?
Should SISU swallow hard and go back on all they have stood for and said and help repair a frightened ACL without a football club at the stadium?
For the fans sake I hope there is a solution. You can't though make a judgement based on pure sentiment.
For example how many believe that ACL has a lot to concede before they get SISU to stay and what and how far should that go? The fact must be said while everyone says Coventry must play in Coventry is it not time then for ACL to act appropriately to persuade SISU there is a way forward?
I don't back SISU's stance but I do feel we have two business's trying to do what they think best for them long term but one side must end up giving more than the other for a solution I'm afraid. I think that implies ACL have to accept the reality and give SISU a better deal to stay. I just think that in time whoever owned the football club that will be a requirement repeated again and again.
The Higgs have offered (and I believe are still offering :facepalmOK then tell me what have ACL offered that would make anyone owning the football club agree? Break it down for me and give me the facts. It better be good because where I stand they have not offered anywhere near enough to date. ACL do not appear to want to relinquish any part of the stadium or it's income streams to the football club. As the football club rents the space then just how long could that go on for realistically?
11: Have there been detailed discussions regarding match day income and what revenues CCFC want access to?
ACL: Yes
CCFC: Yes
12: £100,000 has been publicised as the value of food and beverage income – is this 50% of the profits i.e. ACL’s half from the EIC joint venture?ACL: In principle – we have all accepted that more work is needed on the detail of this, and it needs to be agreed with ACL’s contracted partner Compass, so it is not simply in ACL’s gift. Of course match-day income is also influenced by attendances, these we have seen drop from an average of 9,259Match-day F&B Turnover in 11/12 season was £1,010,992, with Nett Profit of £119,903.ACL would be willing to give CCFC full details of the F & B accounts and were prepared to go open book and even allow CCFC to use the revenue figures in the clubs FFP calculations?CCFC: CCFC would have to negotiate with ACL partner Compass but if after 3 months Compass would not agree access to this level of revenue indicated by ACL, we would ask that the rent be reduced by £100k
My underliningIt is clear that the Club needs more income and ACL had offered to give up some income: the food and beverage revenues everyone refers to.
got nothing to do with revenues as the ticket prices show.The income this season will be around 10% of last season,At the ricoh they would take millions a season,northants your lucky to make 750,000 with a gates of 3,500 average.so why move?
To distress ACL to the point at which the Ricoh becomes available at a knock down price.Simple!got nothing to do with revenues as the ticket prices show.The income this season will be around 10% of last season,At the ricoh they would take millions a season,northants your lucky to make 750,000 with a gates of 3,500 average.so why move?
ACL do not appear to want to relinquish any part of the stadium or it's income streams to the football club.
Yes the previous rent at the Ricoh was painfully high, however it still beggars belief that SISU never attempted to negotiate this at all.You try to hard James. Even you acknowledge the previous deal was an outrage.
ACL also acknowledge if by offering a 66% reduction. Even this is other than Walsall and Leeds an expensive arrangement by council owned stadium standards.
Is there any council, or indeed regeneration charity, that offered its local football team a worse deal than ours?
Yes the previous rent at the Ricoh was painfully high, however it still beggars belief that SISU never attempted to negotiate this at all.
It may still be relatively expensive in pure numerical terms compared to other clubs, however in terms of facilities the Ricoh is probably a reasonable Premiership and very good Championship stadium, let alone league 1. On the few occasions in the past few seasons where I have made it to a match I normally try and share a taxi to the ground because it's cheaper, I'm often short of time and I get to talk to someone on the way there. Most if not all of the away fans that I've met doing this have said the Ricoh makes their stadium look "rubbish" (or something like that) in comparison.
It pains me that under SISU we've never taken advantage of the opportunity to purchase even the cheap charity share of ACL which was just plain dumb. Not negotiating and just boycotting the rent was always going to piss the council off and hardly help our case.
The thing is everyone on here will say SHITSU not one penny more Coventry cobblers blah blah bit will got to every away game.
That makes they disparaging comments look dumb and proves fishers point that people will ultimately return.
You are truely deluded and an odious man very like fisher
So very true - it amazes that a handful (and it is a handful) of idiots can still post the same shit whereby they want to apportion the same amount of blame ACL and/or the Council as the scum that are shitsu. It is the same boring shit over and over again. You're feckin wrong you morons and the march today shows you to be in a tiny minority. Most of us aren't as stupid and gullible as you are.
The difference is, other clubs pay rent that enables them to operate the stadium (365 days a year) and not just have the use of it 25 times a year - and not only that they are able to profit from all the revenues they generate, again 365 days a year and not 25.
So, Walsall pay a relatively high 400K per year - but they operate their stadium so can profit from the weekly Sunday market (which brings in almost much as the rent itself) and also from M6 billboard advertising and day to day corporate and social functions. So, for CCFC, it is a triple whammy - high rent in the first instance, no access to revenue streams that they actually generate themselves, and no access to other revenue streams because the rent they pay doesn't enable to operate the stadium but only use it now and again.
It was a terrible deal, but then this has been done to death. What is surprising to how some people seem to seek to deny just how bad it was.
That said, the only way forward from this point is to get rid of SISU and hope that new owners can agree a much fairer deal, or better still purchase a stake in the arena. No matter how much we go on about how bad the deal was, it was certainly preferable to what SISU are now proposing. They are not fit to run this football club and while they are here we have no future. Let's get rid of them first and then turn our attention to how we get a fairer deal for the club at the Ricoh.
I agree ferret but you just can't get rid of something because you don't like it. They are here and we meanwhile are going to be playing in Northampton unless they offer whatever they would offer anyone else a deal to stay. That's exactly my point. You can't pick and choose who you want but you can affect the outcome that you eventually want by offering a deal that would perhaps secure the football and see the present owners find an escape route, which is surely what everyone wants?
I agree ferret but you just can't get rid of something because you don't like it. They are here and we meanwhile are going to be playing in Northampton unless they offer whatever they would offer anyone else a deal to stay. That's exactly my point. You can't pick and choose who you want but you can affect the outcome that you eventually want by offering a deal that would perhaps secure the football and see the present owners find an escape route, which is surely what everyone wants?
You try to hard James. Even you acknowledge the previous deal was an outrage.
ACL also acknowledge if by offering a 66% reduction. Even this is other than Walsall and Leeds an expensive arrangement by council owned stadium standards.
Is there any council, or indeed regeneration charity, that offered its local football team a worse deal than ours?
Protest is one thing and lots of sentiment only mask to realities at play.
For those that believe in all this protesting will have an effect please then explain how it will change anything and which of these protagonist are right, which are wrong, what would you try and do if you were in either of their shoes?
Is it right to demand a club return to the Ricoh where they have been ripped off by ACL and their demands are as equally threatening as SISU's?
Should SISU swallow hard and go back on all they have stood for and said and help repair a frightened ACL withoput a football club at the stadium?
For the fans sake I hope there is a solution. You can't though make a judgement based on pure sentiment.
For example how many believe that ACL has a lot to concede before they get SISU to stay and what and how far should that go? The fact must be said while everyone says Coventry must play in Coventry is it not time then for ACL to act appropriately to persuade SISU there is a way forward?
I don't back SISU's stance but I do feel we have two business's trying to do what they think best for them long term but one side must end up giving more than the other for a solution I'm afraid. I think that implies ACL have to accept the reality and give SISU a better deal to stay. I just think tha t in time whoever owned the football club that will be a requirement repeated again and again.
I agree ferret but you just can't get rid of something because you don't like it. They are here and we meanwhile are going to be playing in Northampton unless they offer whatever they would offer anyone else a deal to stay. That's exactly my point. You can't pick and choose who you want but you can affect the outcome that you eventually want by offering a deal that would perhaps secure the football and see the present owners find an escape route, which is surely what everyone wants?
You can fuck off you sisu ring linking prick.Protest is one thing and lots of sentiment only mask to realities at play.
For those that believe in all this protesting will have an effect please then explain how it will change anything and which of these protagonist are right, which are wrong, what would you try and do if you were in either of their shoes?
Is it right to demand a club return to the Ricoh where they have been ripped off by ACL and their demands are as equally threatening as SISU's?
Should SISU swallow hard and go back on all they have stood for and said and help repair a frightened ACL without a football club at the stadium?
For the fans sake I hope there is a solution. You can't though make a judgement based on pure sentiment.
For example how many believe that ACL has a lot to concede before they get SISU to stay and what and how far should that go? The fact must be said while everyone says Coventry must play in Coventry is it not time then for ACL to act appropriately to persuade SISU there is a way forward?
I don't back SISU's stance but I do feel we have two business's trying to do what they think best for them long term but one side must end up giving more than the other for a solution I'm afraid. I think that implies ACL have to accept the reality and give SISU a better deal to stay. I just think that in time whoever owned the football club that will be a requirement repeated again and again.
Whether you like it or not and you obviously don't the fans have spoken if you can't or wont hear it then thats your problem. Also if Sisu and more importantly the football League aren't listening then its going to be their problem. Acl offered a lower rent than the agreed rent o 1.2 million per year down to 400k will they go further now we wont know because Sisu wont talk to them now. Sisu could have bought the Higgs share but didn't then negotiated for the council shareProtest is one thing and lots of sentiment only mask to realities at play.
For those that believe in all this protesting will have an effect please then explain how it will change anything and which of these protagonist are right, which are wrong, what would you try and do if you were in either of their shoes?
Is it right to demand a club return to the Ricoh where they have been ripped off by ACL and their demands are as equally threatening as SISU's?
Should SISU swallow hard and go back on all they have stood for and said and help repair a frightened ACL without a football club at the stadium?
For the fans sake I hope there is a solution. You can't though make a judgement based on pure sentiment.
For example how many believe that ACL has a lot to concede before they get SISU to stay and what and how far should that go? The fact must be said while everyone says Coventry must play in Coventry is it not time then for ACL to act appropriately to persuade SISU there is a way forward?
I don't back SISU's stance but I do feel we have two business's trying to do what they think best for them long term but one side must end up giving more than the other for a solution I'm afraid. I think that implies ACL have to accept the reality and give SISU a better deal to stay. I just think that in time whoever owned the football club that will be a requirement repeated again and again.
ACL should accept the CVA
The COUNCIL should then negotiate with Otium to buy out the councils mortgage (14m) the HIGGS share (6m) and the councils equity (10m) .30m total for a 125year lease. alternatively
The council should negotiate with Otium to sell the freehold to Otium fot circa 50m and be done with it alternatively
ACL negotiate terms for a rental deal for 3-5 years while Otium build their own stadium, preferably with the councils blessing inside the Coventry boundary
imp:
The COUNCIL should then negotiate with Otium
Yes we can! We can get rid of sisu if we want, we just have to be prepared to pay the price of dropping down the pyramid and fighting our way back up again!
What we witnessed today was THE CLUB, the heart, the soul, the heritage, the history, the passion, what we witnessed today WAS Coventry City, what will occur in Northampton will just be a TEAM!
I say we CAN pick and choose!
We can choose to give in to bullies, or we can choose to fight,
we can choose to let someone else control our destiny, or we can choose to take control,
we can choose to allow someone to destroy the thing we all love, or we can choose to take OUR club back and rebuild it again.
Lets make the right choices!
You can fuck off you sisu ring linking prick.
What a friegtening thought! You have the money go buy them out then. It's a business when all said and done...it's not your club or mine. I don't think we witnessed the heart and soul of the club yesterday. We witnessed a summers day with two lady Godiva's and some willing people out to enjoy themselves for the cause. Credit to them but it was not 20k, 30k or 50k was it?
One aspect of all this is the continuous amount of post that suggest to know that SISU will not build a stadium, the same people who said SISU won't ground share - they will play at the Ricoh. Well so far SISU are simple doing what they said. They said they will fund the 3 years. They said they have a plan to build and have their (Coventry City's) own stadium unencumbered by a council hell bent on not surrendering any part of the Ricoh stadium or even getting close to sharing the revenue streams from it with the very club it needs.
The deal some talk about was not agreed. (we know about the handshake saga, like everything else but most want to believe ACL) Fisher stated they wanted open access to the F&B books but ACL couldn't do it? Turns out ACL are 77% owners of the Compass shenanigan's too? My goodness who's been blindsiding who?
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