Ricoh is confirmed? (1 Viewer)

Nick · Jul 13, 2020

shmmeee said:
Not doing this again. Read my posts in the other thread, both Sisu and Wasps agree what the sticking points were.

Yeah the indemnity

shmmeee · Jul 13, 2020

Nick said:
Yeah the indemnity

And the restriction on future legal action. Why is it so hard for you to admit this? It’s there in black and white on both statements.

Nick · Jul 13, 2020

shmmeee said:
And the restriction on future legal action. Why is it so hard for you to admit this? It’s there in black and white on both statements.

Yes, wasps want ccfc to not be able to have any legal power over anything.

Probably another way to try and force a takeover

shmmeee · Jul 13, 2020

Any way, regardless of what the issue was last summer it seems a way forward has been found if all these rumours are to be believed so let’s hope we can chalk it up as yet another pointless SBT argument and get back to Cov next season.

shmmeee · Jul 13, 2020

Nick said:
Yes, wasps want ccfc to not be able to have any legal power over anything.

Probably another way to try and force a takeover

How would that even make sense? I can’t swim so excuse me if I don’t follow you into the deep end.

Nick · Jul 13, 2020

shmmeee said:
How would that even make sense? I can’t swim so excuse me if I don’t follow you into the deep end.

How would what make sense?

mr_monkey · Jul 13, 2020

shmmeee said:
Any way, regardless of what the issue was last summer it seems a way forward has been found if all these rumours are to be believed so let’s hope we can chalk it up as yet another pointless SBT argument and get back to Cov next season.

I honestly can't wait for that day

BackRoomRummermill · Jul 13, 2020

Given all past activities it’s about time this was sorted for good . It a no win for anyone

oldskyblue58 · Jul 13, 2020

Just my opinion but an undertaking gets you in to talks i very much doubt it becomes in any way binding until a deal is done. So until a deal is done and signed an undertaking not to do something is just words and not binding on either side. Both sides know this. It certainly has no worth if the deal breaks down because the undertaking fails at the same time and is no longer valid or current

The problem in this saga has always been the careful use of words in statements by all sides that are not wrong but not wholly accurate either. Not sure we will ever know what really was said, agreed or done between the two owners.

clint van damme · Jul 13, 2020

Gynnsthetonic said:
I heard from a source who works at the stadium is that F&B with Delaware is signed and both parties happy. The sticking point is Wasps want £1m a year rent while SISU are only prepared to offer £500k a year rent and neither party will budge, only what ive been told dont know weather it 100% true but it sounds to me about right.

a bit more detail than what I was told but sounds the same.
F and B sorted but can't agree rent was what I was told yesterday.
A million is a piss take but it's surely more viable than staying in Brum?

Senior Vick from Alicante · Jul 13, 2020

To many variables involved that give both sides an easy out. It's mutually beneficial for both to get a deal done but there's so much hard headedness on both sides that until the Telegraph have the front page headline saying how gracious Wasps have been I won't get to excited.

Liquid Gold · Jul 13, 2020

If we're paying £1m but they don't have any access to any of our revenue, F&B, parking, sponsorship and a share of the stadium sponsor and we can provide our own stewarding etc. then it may be reasonable. If they want us to pay £1m and keep their hands in everything else then we should just leave them.

Brighton Sky Blue · Jul 13, 2020

clint van damme said:
a bit more detail than what I was told but sounds the same.
F and B sorted but can't agree rent was what I was told yesterday.
A million is a piss take but it's surely more viable than staying in Brum?

Both sides probably taking the mick so just call it half way between

chiefdave · Jul 13, 2020

Liquid Gold said:
If they want us to pay £1m and keep their hands in everything else then we should just leave them.

If its basically the same deal we had before even the biggest Wasps fan will surely find it difficult to justify a 900% rent increase.

Makes no difference what division we are in or if there are bigger crowds as we get charged the additional matchday costs if the crowds are bigger.

Liquid Gold · Jul 13, 2020

chiefdave said:
If its basically the same deal we had before even the biggest Wasps fan will surely find it difficult to justify a 900% rent increase.

Makes no difference what division we are in or if there are bigger crowds as we get charged the additional matchday costs if the crowds are bigger.

But then Boddy estimated they made £2m a year from us before with all the extras. Why would they now take half of that just as a base rent?

cc84cov · Jul 13, 2020

Nick said:
Pretty sure they agreed to no future action....

They can say that but if the EU come back there has been wrong doing we know SISU will go for the neck

mr_monkey · Jul 13, 2020

cc84cov said:
They can say that but if the EU come back there has been wrong doing we know SISU will go for the neck

As they should

cc84cov · Jul 13, 2020

mr_monkey said:
As they should

100%

Sky Blue Pete · Jul 13, 2020

chiefdave said:
If its basically the same deal we had before even the biggest Wasps fan will surely find it difficult to justify a 900% rent increase.

Makes no difference what division we are in or if there are bigger crowds as we get charged the additional matchday costs if the crowds are bigger.

They must be desperate surely

fernandopartridge · Jul 13, 2020

I despise Wasps as much as anybody, but they have got their own financial needs and these are not necessarily in CCFC's favour. Yes they're desperate for cash but it's all the more reason for them to drive a decent bargain, if a headline rent of £1m just adds a big chunk to their bottom line, they're going to try and take it, especially if they know CCFC's deal at Brum when taking everything into consideration can't really be any better.

Limey · Jul 14, 2020

Slice of the sponsorship is the one for me (i.e 50%). Events thing is interesting. What's likely to generate more revenue, f&b or events?
Pitch quality essential.

CCFC54321 · Jul 15, 2020

With Wasps financial mess I wouldn’t be to surprised if SISU decide to sit it out a further year at St Andrews.

thekidfromstrettoncamp · Jul 15, 2020

CCFC54321 said:
With Wasps financial mess I wouldn’t be to surprised if SISU decide to sit it out a further year at St Andrews.

I noticed yesterday they still managed to put 15 players on long term contracts either their not in a mess or the money is coming from a possible deal with us As for sitting it out at S A it will cost us a lot if fans are allowed back.

jordan210 · Jul 15, 2020

thekidfromstrettoncamp said:
I noticed yesterday they still managed to put 15 players on long term contracts either their not in a mess or the money is coming from a possible deal with us As for sitting it out at S A it will cost us a lot if fans are allowed back.

The the clubs have been renewing contracts as they made players take pay cuts and to get players signed before FFP or something

thekidfromstrettoncamp · Jul 15, 2020

jordan210 said:
The the clubs have been renewing contracts as they made players take pay cuts and to get players signed before FFP or something

Sorry jordan210 I should have highlighted long times like we are in at the moment some sportsmen will be glad to get a contract even if it is reduced a bit.

fernandopartridge · Jul 15, 2020

thekidfromstrettoncamp said:
I noticed yesterday they still managed to put 15 players on long term contracts either their not in a mess or the money is coming from a possible deal with us As for sitting it out at S A it will cost us a lot if fans are allowed back.

They'll all be signing new deals on reduced terms

Evo1883 · Jul 15, 2020

1 million a season? How much would it cost us a season to maintain and run a stadium? I'm guessing much more than 1 million.

However, we must get a good deal on OUR match day food and beverage

Either way, sisu won't accept 1 mill... Can't see them accepting north of 500k tbh

chiefdave · Jul 15, 2020

Evo1883 said:
1 million a season? How much would it cost us a season to maintain and run a stadium? I'm guessing much more than 1 million.

Suggested years ago it would be useful if the Trust put something together comparing stadium ownership, rental and new build scenarios. I know there's lots of variables but pretty sure you could work something up. Would then give an idea at what point rent becomes the best option.

Nick · Jul 15, 2020

chiefdave said:
Suggested years ago it would be useful if the Trust put something together comparing stadium ownership, rental and new build scenarios. I know there's lots of variables but pretty sure you could work something up. Would then give an idea at what point rent becomes the best option.

They run the risk of making wasps and the council look bad then though.

covcity4life · Jul 15, 2020

Spirit of 87 twitter still saying 100% playing st ricoh next season

shmmeee · Jul 15, 2020

covcity4life said:
Spirit of 87 twitter still saying 100% playing st ricoh next season

Wyken Sky Blue · Jul 15, 2020

covcity4life said:
st ricoh next season

At Ricoh or St Andrews?

Sent from my I3113 using Tapatalk

Grendel · Jul 15, 2020

chiefdave said:
Suggested years ago it would be useful if the Trust put something together comparing stadium ownership, rental and new build scenarios. I know there's lots of variables but pretty sure you could work something up. Would then give an idea at what point rent becomes the best option.

It would cost around £60 million

Skybluefaz · Jul 17, 2020

Skybluefaz · Jul 17, 2020

If Sunny puts something up it usually has a fair bit of weight to it. This has me pretty confident we'll be back at the ricoh

Ricoh is confirmed? (1 Viewer)

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