If ACL can be driven into administration it is not a viable business. you can have a business that is viable but you starve it of cash and it could quickly fail. That is what is going on here. As such they need to secure cashflow that is safer or guaranteed
Evidence? Well, that requires a look into the future accounts, so difficult to provide at this time. and yet plenty of people assert that ACL is nothing without CCFC we dont actually know one way or other, but few seem open to the thought that there is a life without CCFC for ACL. Not what we want as fans but it is a possibility and if ACL sort their finances out in terms of loans etc then that possibilty is stronger than it was. But point is as we agreed no evidence one way or another as yet
Without evidence all we have is educated guesses. true
The simple starting point is to look at their current business and remove ccfc. That leaves a pretty deep hole that needs filling with new businesses and cost cuttings. yes but it also leaves opportunities they can not tap in to now because of CCFC. Can other events replace that income perhaps. Can ACL reduce not only their costs but their cash flow almost certainly. Will it be enough? well thats the question
It may be possible, but even then it will be difficult to predict the loss of income their other tenants will suffer if ccfc goes. And that could mean further income loss. thats assuming that the 23 days or so of footfall from CCFC can not be replaced, that the hotel occupancy freed up by CCFC not being there wont compensate De Vere hotels for example. As I keep saying there is more than one side to all this. keep being told its an accountants view etc, that its inflexible, etc................. people have got to think outside the box, be creative, think that if ACL are creative, successful that puts CCFC at serious risk of extinction
If ccfc goes, it could potentially lead to a downward spiral. it could but then again it might not, depends how they market the venue and what actions they take to protect their tenants that do pay
And while the bankers and accountants sweats over budgets and predictions, my hope is that the politicians will step back and use a wider perspective and ask the tough questions: generalisations never helpsome of the least flexible minds on this dispute & forum have no interest in figures at all
Should the local football club be sacrificed to keep the stadium away from sisu? should the north Coventry regeneration scheme be sacrificed to please CCFC/SISU
Will ACL really be safe without ccfc? Is there other ways or tenants that make it safe even safer without CCFC?
Can ccfc ever become successful and viable without owning their own home? Not really for the politicians to decide. the politicians represent the best interests of their voters that doesnt necessarily mean the best interests of CCFC
What is the best case scenario for Coventry City in 5 year? it is a private company it isnt up to the politicians to forge that, they might be involved to some degree but it is not up to them to decide it
Let me turn this one Grendel, as your modus operandi is to snipe and sneer and then steer clear of genuine constructive debate.
What if the Ricoh was viable without CCFC? They've been shortlisted for the 2015 Rugby World Cup, I note. Did well to attract the Olympics. Obviously not the fools you assert.
So, what if they did expand and get someone like Northampton Saints to make them viable with a further 6 to 8 games a season, and the genuinely didn't need the football club anymore; and they turned around and evicted the club for rent arrears.
You'd be stuck for a scapegoat to sneer at, wouldn't you? What would you then think?
Can you think of another venue that can do concerts, and have an exhibition hall and casino? Is there anything else quite like the Ricoh per se?!? Especially immediately adjacent to a motorway?
Besides, would it need a permanent tenant?
Let me expand on the above. We've seen matches at the Ricoh, such as Cardiff Blues against Northampton Saints, or Saracens against Munster that have drawn big crowds - the latter being over 28K for example. In fact so much hospitality was needed, the exhibition hall had to be opened to accommodate eaters/drinkers. Now look at what Harlequins are doing with their 'Big Games' Over Christmas, they moved to Twickers for the London Irish game, and sold out 82,000. Their 'normal' gates are closer to 14K as that's the stadium capacity.
Think about Northampton - just down the road. Still a top half Premiership rugby team. What if they played all of their Premiership games at Franklin Gardens, at 13.5K capacity, but played one or two 'big games' at a re-branded Ricoh a season? Let's say the Leicester Tigers game, as an example. And what if they played their Heineken Cup (European) games at the Ricoh?
I'm sorry old boy, I then see 6 to 8 gates of 25K+ a season at the 'Home of Northampton Rugby'. Doesn't sound nice, does it?
However, it could be closer to financial reality if ACL's claims are true
How much money is made from the Olympics? Little I expect. I'm not a rugby fan but don't old Trafford hold some games or is that my imagination.
I note you made a comments last post was a sneer. Actually it was a question which clearly you have no answer to so as ever flail around throwing bombs everywhere to avoid the truth - no such model exists. It would be a white elephant or perhaps a White City.
Why can't these clubs play games anyway? As said My last post football club host games. Don't hull or Doncaster share?
As long as you're happy, that's all that matters:facepalm:
They won't evict us.
Half the time he makes no sense at all.
He should sponsor the club a pound everytime he does the jerk-it sign. We'd own the Ricoh by now.
The situation needs to be sorted out soon as possible ........... might not be in the way some think though in the end !
Think what is important to say is that ACL do not actually want a future without CCFC, they do not want it to fail..... but will prepare for life without CCFC, make their own business CCFC proof........ we should not make the mistake of thinking ACL will be allowed to fail because of what CCFC does or does not do
You simply - yet again - can't answer a simple question can you?
As OSB58 states above; we have no insight into ACL's financial status, lest to comment that having one year's worth of rent will be hurting. But we do know that they claim that they can survive without CCFC. So, let's take that statement as read for a moment shall we?
So, let me ask you again. Say they can. And they evict CCFC for non-payment of rent. How would you then explain away SISU's stance you so admire?
MMM says of Grendel......
Let me turn this one Grendel, as your modus operandi is to snipe and sneer and then steer clear of genuine constructive debate.
To this I would add SBS76, Torchy, Godiva,and summerisle...I know there is a title to your name, but feel you don't deserve the use of it!....SBS76, I've said before, I'm not afraid of a "Genuine debate with anybody"...You want to try it at some stage on the forums. instead of the usual "Half a dozen word snipes" that you and Grendel,Torchy, and summerisle, come out with.
Nobody hears a word from you all, unless either me, or someone that you don't like makes a post. I will say that Godiva can put a debate up, but even he talks total accountant type "Legal speak" which the everyday bloke in the street doesn't grasp. Leave that side of things to someone who knows what he's on about and can put things into "Laymans terms" for those of us that are not in the know! OSB comes to mind
MMM says of Grendel......
Let me turn this one Grendel, as your modus operandi is to snipe and sneer and then steer clear of genuine constructive debate.
To this I would add SBS76, Torchy, Godiva,and summerisle...I know there is a title to your name, but feel you don't deserve the use of it!....SBS76, I've said before, I'm not afraid of a "Genuine debate with anybody"...You want to try it at some stage on the forums. instead of the usual "Half a dozen word snipes" that you and Grendel,Torchy, and summerisle, come out with.
Nobody hears a word from you all, unless either me, or someone that you don't like makes a post. I will say that Godiva can put a debate up, but even he talks total accountant type "Legal speak" which the everyday bloke in the street doesn't grasp. Leave that side of things to someone who knows what he's on about and can put things into "Laymans terms" for those of us that are not in the know! OSB comes to mind
As I have repeatedly stated I believe the club has been resoundingly ripped off for years. This from what I can see is the most undesirable arrangement any club has other than Walsall. We are the main tenant. ACL by offering a reduction of such a huge scale are admitting as such and the club has restricted access to other commercial benefits the venue attracts. If you really want my view the whole thing stinks. We have over-paid already by millions of pounds.
If all your fantastic ideas are viable then the club could surrender its priority status and alternative fixtures can be played on some of the other 320 days a year it's available.
By the way I am just leaving Northampton. Your view on the ground being used by them didn't shall we say go down too well with the grass roots supporters.
I'm off to Oxford now. Do they have any clubs we could attract to the Ricoh?
On a side issue have you ever been to a business meeting or been a delegate at the Ricoh? I'd be interested on your view regarding the professional service you get. Iny experience they would have to improve a lot if they are to get extra income from that source.
By the way I am just leaving Northampton. Your view on the ground being used by them didn't shall we say go down too well with the grass roots supporters. I'm off to Oxford now. Do they have any clubs we could attract to the Ricoh?
MMM says of Grendel......
Let me turn this one Grendel, as your modus operandi is to snipe and sneer and then steer clear of genuine constructive debate.
To this I would add SBS76, Torchy, Godiva,and summerisle...I know there is a title to your name, but feel you don't deserve the use of it!....SBS76, I've said before, I'm not afraid of a "Genuine debate with anybody"...You want to try it at some stage on the forums. instead of the usual "Half a dozen word snipes" that you and Grendel,Torchy, and summerisle, come out with.
Nobody hears a word from you all, unless either me, or someone that you don't like makes a post. I will say that Godiva can put a debate up, but even he talks total accountant type "Legal speak" which the everyday bloke in the street doesn't grasp. Leave that side of things to someone who knows what he's on about and can put things into "Laymans terms" for those of us that are not in the know! OSB comes to mind
Did you ask any real ones, or just shout at the troubled voices in your head? As the real ones would probably know they've already played games at the Ricoh and Milton Keynes......
Did you ask any real ones, or just shout at the troubled voices in your head? As the real ones would probably know they've already played games at the Ricoh and Milton Keynes......
summerisle....
It's Lord, you Plebian.
If you're going to try to show off using unusual words(Words the common man wouldn't use)....Try learning to SPELL it properly..................................PLEBEIAN:jerkit:
summerisle....
It's Lord, you Plebian.
If you're going to try to show off using unusual words(Words the common man wouldn't use)....Try learning to SPELL it properly..................................PLEBEIAN:jerkit:
They have played once at the Ricoh, in a semi final that was the choice of the competition and not the club to play there, and choose MK for the occasional big game. Sorry to dampen your fire, but being a Saints fan myself and being freinds with many, they are not interested in the Ricoh in anyway, shape or form.
I'd be careful if I were you. I've just heard lord summerisles allotment produced very poor quality carrots this year.
You know what happens when his crops fail don't you?
Here's hoping.....
They have played once at the Ricoh, in a semi final that was the choice of the competition and not the club to play there, and choose MK for the occasional big game.
Sorry to dampen your fire, but being a Saints fan myself and being freinds with many, they are not interested in the Ricoh in anyway, shape or form.
Yes that's what I thought.
As usual selective use of facts from MMM. I did speak to a couple of guys and they just laughed at the idea.
Sorry shouldn't even be speaking to you. I only ever post to reply to the literary scribe otherwise known as Sky Blue Kid.
MMM says of Grendel......
Let me turn this one Grendel, as your modus operandi is to snipe and sneer and then steer clear of genuine constructive debate.
To this I would add SBS76, Torchy, Godiva,and summerisle...I know there is a title to your name, but feel you don't deserve the use of it!....SBS76, I've said before, I'm not afraid of a "Genuine debate with anybody"...You want to try it at some stage on the forums. instead of the usual "Half a dozen word snipes" that you and Grendel,Torchy, and summerisle, come out with.
Nobody hears a word from you all, unless either me, or someone that you don't like makes a post. I will say that Godiva can put a debate up, but even he talks total accountant type "Legal speak" which the everyday bloke in the street doesn't grasp. Leave that side of things to someone who knows what he's on about and can put things into "Laymans terms" for those of us that are not in the know! OSB comes to mind
I don't have either the time or inclination to right essays on here. A short sharp opinion is all that's needed, most of the time.
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