dongonzalos
Well-Known Member
I was under the impression they rent the space
How do ACL get revenue from those - I thought De Vere owned the hotel and a separate company owned the casino?
It would indeed be nice to know...
FWIW I'd have thought if you did want to build 'our' stadium, you'd be better off doing something similar to what Bristol Rovers have set up with UWE.
http://www1.uwe.ac.uk/aboutus/visionandmission/uwenewcampus/uwestadium.aspx
How do ACL get revenue from those - I thought De Vere owned the hotel and a separate company owned the casino?
You're connected RFC. How are they going to generate this all year round income? From the "plans" they've turned out I dont recall seeing a Hotel, Casino and exhibition hall. Surely this is what gives the Ricoh all year round income?
It would indeed be nice to know...
FWIW I'd have thought if you did want to build 'our' stadium, you'd be better off doing something similar to what Bristol Rovers have set up with UWE.
http://www1.uwe.ac.uk/aboutus/visionandmission/uwenewcampus/uwestadium.aspx
Nail on the head. Where is this 365 day revenue going to come from? That's my only question in all of this.
That's a very good concept.
That's a very good concept.
It has been muted as a possible route for our Club .
Nail on the head. Where is this 365 day revenue going to come from? That's my only question in all of this.
How do ACL get revenue from those - I thought De Vere owned the hotel and a separate company owned the casino?
That's a very good concept.
Nah, 21,700 is insane.
Once it downscales inevitably however...
Yes, true. Probably end up as 11,700.
21,700 is very ambitious for a club that historically is not that well followed.
I do really think City need to be looking at about 25,000. You have to think to the future. Big games will bring in big crowds.
If Sisu said they were building a stadium at Warwick Uni akin to the Bristol vision with a capacity of 25,000 I would be onboard.
I think 18,000 is a very negative approach. Unless of course they know that they are going to let the decline continue until we are non-league and then by the time we build it 18,000 will be far too big.
SISU should build there stadium. Invest in the team go hell for leather for promotion then when attendances outstrip the capacity do a swap with wasps if as people believe wasps will be struggling for attendances
SW quoted in CT
Wasps talks positive but ........... all about revenue streams on none match days!
"They understand that and understand that the longer-term ambition for the football club is to be in a stadium where we access revenue 365 days a year – not on 23 or 24 days.”
Never, never, ever, ever going to happen. CCFC are a league one club with no money to buy a stadium.
I agree.
Sneaking suspicion though, that though I'm sure it is just hot air, the notion of a 18,000 seater stadium could be based on the fact they know they can get nowhere near Coventry anyway and realise that they would probably lose thousands of supporters as a result.
And after all the hard work they've put in growing the fan base that really would be a disaster
SISU should build there stadium. Invest in the team go hell for leather for promotion then when attendances outstrip the capacity do a swap with wasps if as people believe wasps will be struggling for attendances
Don, I don't know how flippant your post was intended to be. But behind it there is surely a valid point.
Let’s say CCFC did build another stadium with a modest capacity, and at some stage we were successful enough to get back to the Premier League. You would now have an unsustainable situation. A Premier league football club capable of filling a 30,000 seat stadium playing at a modest ground, possibly some distance from the city. And a rugby club (with no historic link to Coventry and typical attendances of perhaps 5,000) playing at a stadium with a capacity of 32,000.
Under those circumstances, the pressure on both clubs to make a change would be irresistible I would have thought.
That is why I can’t see how investors will be attracted to funding a second substantial sports stadium in this area. To my mind, the arrival of Wasps (leaving aside the moral argument) at least opens up the chance for the Ricoh to be a major success. TWO top sports clubs playing in ONE multi-purpose stadium complex, sharing the overheads, enhancing the sponsorship potential, and each taking half of the profits from all of the activities.
If Wasps do end up with 100%, and either exploit CCFC or drive them away, everyone will be worse off. This whole mad process HAS to somehow end up with CCFC and Wasps having a half share each. If it doesn’t happen now, it’ll happen in the future.
Makes perfect sense. 50% each. We don't want Wasps here, but here they are. The common sense approach now is for a 50% share between CCFC and Wasps.
I agree that this makes perfect sense. I also think that the two clubs coming together under one company is a real possibility. It won't be with SISU however.
Imagine the scenario.....
SISU sell CCFC to someone like Haskel, Richardson can release his cash that he has tied up by selling Wasps to Haskel or by creating a partnership. New company formed with HQ as the RICOH (which has had a name change as a Global Conglomerate that already has links to the City takes it on) a new Speedway and dog track are built on the scrapyards adjacent. The people of Coventry rejoice CCFC get back to the Prem, Wasps win the European cup, Bees win the league...............
Nurse, Nurse I'm feeling strange again.......................................
Hope strange doesn't mind.
Don, I don't know how flippant your post was intended to be. But behind it there is surely a valid point.
Let’s say CCFC did build another stadium with a modest capacity, and at some stage we were successful enough to get back to the Premier League. You would now have an unsustainable situation. A Premier league football club capable of filling a 30,000 seat stadium playing at a modest ground, possibly some distance from the city. And a rugby club (with no historic link to Coventry and typical attendances of perhaps 5,000) playing at a stadium with a capacity of 32,000.
Wow there are some big assumptions there, timescales how long from now until a new stadium can be built, shortest timescale 3 years, realistically 6 years. Getting to the Premier League won't happen under the SISU model until they get access to the 365 revenues so 6-10 years. Long timescales, big assumptions especially under the SISU management regime.
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