I'm all for a new ground if necessary, Joy says it's plan A we've moved on (and then attacks the council again), but we've seen or heard nothing from anyone about it except that Tim has been looking for Badger Droppings.There is a price to pay in moving to Northampton and you are right that it would have been cheaper to stay in the short term (if a rent less than £1.3M could have been agreed).
But the cost of moving to Northampton would not be as much if the fans were not staying away in protest and the long term gains from having our own ground and all revenues far outway the cost even with stay-away fans.
imp:
There is a price to pay in moving to Northampton and you are right that it would have been cheaper to stay in the short term (if a rent less than £1.3M could have been agreed).
But the cost of moving to Northampton would not be as much if the fans were not staying away in protest and the long term gains from having our own ground and all revenues far outway the cost even with stay-away fans.
imp:
Were sisu offered lower rent?
Were sisu offered lower rent?
Ok, lets assume fans sold out the shithole every week. These are just rough figures, but the ratio of loss is whats important.
7250 fans paying an average of £13 a ticket equates to income of £2.16m. Discount the £150k rent, leaves the club with £2.01m.
11000 fans paying an average of £15 a ticket equates to income of £3.79m. Discount the £1.3m rent, leaves the club with £2.49m.
You talk about long term gains of having "our own ground" (we used to have that, its called the Ricoh), yet why does that mean the club has to play in Northampton?
Ok, lets assume fans sold out the shithole every week. These are just rough figures, but the ratio of loss is whats important.
7250 fans paying an average of £13 a ticket equates to income of £2.16m. Discount the £150k rent, leaves the club with £2.01m.
11000 fans paying an average of £15 a ticket equates to income of £3.79m. Discount the £1.3m rent, leaves the club with £2.49m.
You talk about long term gains of having "our own ground" (we used to have that, its called the Ricoh), yet why does that mean the club has to play in Northampton?
reaping benefits, will that be ccfc or sisu and their investors ?We never had the Ricoh!
It was a working arrangement until ACL pissed off the the football club by locking them out while they rented it to the Olympic committee.
SISU now have realised they can build their own Ricoh for £10m just like the council did, and reap all the benefits.
imp:
We never had the Ricoh!
It was a working arrangement until ACL pissed off the the football club by locking them out while they rented it to the Olympic committee.
SISU now have realised they can build their own Ricoh for £10m just like the council did, and reap all the benefits.
imp:
We never had the Ricoh!
It was a working arrangement until ACL pissed off the the football club by locking them out while they rented it to the Olympic committee.
SISU now have realised they can build their own Ricoh for £10m just like the council did, and reap all the benefits.
imp:
reaping benefits, will that be ccfc or sisu and their investors ?
So why do they still want the Ricoh
.....SISU now have realised they can build their own Ricoh for £10m just like the council did, and reap all the benefits.
imp:
Yes it will be the owners that benefit most but if they are comfortable with the profit they will be in a better position to finance the football team.
Do you really think they ought to give the the investment for free and let the football team have all the income?
Do you think its a better arrangement that ACL take all the profit and SISU still finance the football team?
imp:
There happens to be a completely vacant football stadium in the area that they want one, there should be a deal to be done!
It might suit all sides eventually.
imp:
The BIGGER picture is SISU have done a damn good job and the council and ACL have totally shafted us.
The facts are coming out and speak for themselves but some on here will be forever blind and deaf to that.
I think their mummy must have told them SISU = BAd
The Club sold the rights to stadium revenue, which your beloved sisu are using has a totally unworthy reason for
renting a cow shed in another County to play our (home)away games in.
It was not ACL or CCC that didn't strengthen the team and got us relegated from the Championship, it was your
beloved sisu.
The rent on the Ricoh was a figure agreed by CCFC who refused the offer of sliding terms according to which league
we happened to be in. Sisu had the chance before buying the Club to renegotiate the rent,they didn't. Instead they
withheld the rent which they where legally obliged to pay.
I could go on about your sisu infatuation but I will point you in another direction---try looking up hedge funds on Google,
it will help you to understsnd.
:blue:
The BIGGER picture is SISU have done a damn good job and the council and ACL have totally shafted us.
The facts are coming out and speak for themselves but some on here will be forever blind and deaf to that.
I think their mummy must have told them SISU = BAd
The Club sold the rights to stadium revenue, which your beloved sisu are using has a totally unworthy reason for
renting a cow shed in another County to play our (home)away games in.
It was not ACL or CCC that didn't strengthen the team and got us relegated from the Championship, it was your
beloved sisu.
The rent on the Ricoh was a figure agreed by CCFC who refused the offer of sliding terms according to which league
we happened to be in. Sisu had the chance before buying the Club to renegotiate the rent,they didn't. Instead they
withheld the rent which they where legally obliged to pay.
I could go on about your sisu infatuation but I will point you in another direction---try looking up hedge funds on Google,
it will help you to understsnd.
:blue:
Your wasting your time mate. Theres a small section of our fans who decided who is wrong a while ago yet refuse to let facts get in the way.
The Council only paid £10m for the Ricoh!
imp:
You ignore the millions in land value and the fact that only they could attract the regeneration funding.
Still can't understand why they didn't just buy the Higgs share and get access to ACL that way. Could have had access to the accounts, a third of the seats on the board etc.
There was a deal to be done, especially before the rent boycott was started when trust broke down. I think I'm right in saying they only started negotiations after that, agreed HOT with the charity and then according to PWKH walked away and didn't reimburse the Higgs their legal costs despite having agreed to do so.There happens to be a completely vacant football stadium in the area that they want one, there should be a deal to be done!
It might suit all sides eventually.
imp:
There was a deal to be done, especially before the rent boycott was started when trust broke down. I think I'm right in saying they only started negotiations after that, agreed HOT with the charity and then according to PWKH walked away and didn't reimburse the Higgs their legal costs despite having agreed to do so.
Why not? You seem happy to have the council and Higgs trust to put all the investment into the Ricoh only for sisu to get it for free.
The £10m is true, the council have done very well from it thanks to Tesco and the European funding that they received. Had McGin & robo been given the stadium for nothing then they would have been able to sell the club for a lot more than what had SISU paid for the club as they would have a significant asset. They bought us on the cheap were bad owners as demonstrated by the crowds and now want the freehold on the cheap to get their return on their investment
No, I am referring to the published final account and the land value (cost) was included.
Grant funding was less than £10m in total and would have been applicable had CCFC had the money to have completed the project in the first place.
imp:
The £10m is true, the council have done very well from it thanks to Tesco and the European funding that they received. Had McGin & robo been given the stadium for nothing then they would have been able to sell the club for a lot more than what had SISU paid for the club as they would have a significant asset. They bought us on the cheap were bad owners as demonstrated by the crowds and now want the freehold on the cheap to get their return on their investment
There was a deal to be done with ACL when SISU were still prepared to be tenants under a reduced rent.
There came a turning point when SISU realised it was not in their interests to continue under any sort of rent agreement at all.
From that point on there was no deal to be done with ACL.
A deal for the freehold can only be done with the council, and they are not free to sell the freehold without dissolving ACL first.
imp:
If there was a deal to be done why didn't they do it? Why are we homeless in self imposed exile in Northampton? Why didn't they start negotiations with the Higgs (who must really regret helping us out) earlier? What does our football club need from the freehold that owning ACL wouldn't give us?
If there was a deal to be done why didn't they do it? Why are we homeless in self imposed exile in Northampton? Why didn't they start negotiations with the Higgs (who must really regret helping us out) earlier? What does our football club need from the freehold that owning ACL wouldn't give us?
Its Personal James and Involves squashing CCC.
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