ceetee
Well-Known Member
Yes, but they can use the stadium for other events, because it's effectively theirs
Yes, but they can use the stadium for other events, because it's effectively theirsWe play more games on the pitch then they do.
We use the stadium what, 25 days a year? Plus a handful of U23 games that could be moved to any day and time or played at Higgs (you know the regulation regarding a number of games needing to be played at the clubs main ground would go out the window in favour of fulfilling fixtures).Yes, but they can use the stadium for other events, because it's effectively theirs
We use the stadium what, 25 days a year? Plus a handful of U23 games that could be moved to any day and time or played at Higgs (you know the regulation regarding a number of games needing to be played at the clubs main ground would go out the window in favour of fulfilling fixtures).
What are all these events that our 25 days a year use are preventing the Ricoh from staging? They have other events in the halls the same day we play and our games have been moved to make way for other events when required so with 340 non CCFC match days I can't see how us being there is stopping anything else happening.
I can never find their attendances online. What are they getting these days?Wasps can say what they want but with their attendences dropping
Surprisingly hard to find, actually! Averaging around 15k.I can never find their attendances online. What are they getting these days?
I was at the Wasp v Sale match the other weekend. There was never 15k there in a million years. I'd guess no more than 10K. And a lot were free school tickets.
Just going to post this article and you beat me to it.FYI.. just reading it now.
Coventry City face homeless future after Sisu’s litigious aggression | David Conn
Nothing new really but a not unreasonable summary as far as i'm concerned.
One clear error was stating Wasps regularly fill the Ricoh, they don't its about 1/2 full and then only because they give away lots of free tickets.
I don't think Wasps, when it comes to it, will kick CCFC out. They will offer CCFC a one year deal on no better terms than they are now for things like F&B, but they will put the rent up significantly. Wasps have CCFC over a barrel in many senses because there is no real alternative that CCFC has as a lever against it.
Every £1000 extra rent effectively goes straight to their (Wasps) net profit figure (or reducing losses). The way Wasps financials have been the key for them is increasing rent not F&B/footfall.
I do not see a positive outcome to this for CCFC and because of our current financial model then the money actually available for player transactions will be negatively affected. How do CCFC counter that scenario of another but more onerous one year deal? Not sure i can see a way in the current circumstances
I do not think a move to Nuneaton if it were to become available is a viable option for us or the EFL/police etc. Far too many issues that would stand in the way. Maximum crowd would currently be under 5000 and there is very little room to expand and the parking & transport issues make it a no go. Even if it was say 8000 then there is significant lost income and significant costs to factor in. EFL rules as they would apply to CCFC at Nuneaton i think would be 5000 capacity minimum of which 2000 minimum seated
Not a good situation for CCFC and i feel sorry for the likes of Boddy who work so hard to improve things for the fans only to be undermined by the need for some heads to be knocked together higher up.
I think you have misunderstood me.We use the stadium what, 25 days a year? Plus a handful of U23 games that could be moved to any day and time or played at Higgs (you know the regulation regarding a number of games needing to be played at the clubs main ground would go out the window in favour of fulfilling fixtures).
What are all these events that our 25 days a year use are preventing the Ricoh from staging? They have other events in the halls the same day we play and our games have been moved to make way for other events when required so with 340 non CCFC match days I can't see how us being there is stopping anything else happening.
We don't have to get anything for the extra rent/Why should ccfc pay more if the terms are the same? What would we be getting for the extra rent?
Why should ccfc pay more if the terms are the same? What would we be getting for the extra rent?
FYI.. just reading it now.
Coventry City face homeless future after Sisu’s litigious aggression | David Conn
Nothing new really but a not unreasonable summary as far as i'm concerned.
One clear error was stating Wasps regularly fill the Ricoh, they don't its about 1/2 full and then only because they give away lots of free tickets.
Then can I sue Nick for releasing PII to a 3rd party?Risky putting a link up to a David Conn article on our owners. You’ll be getting a letter from their solicitors if you’re not careful.
If I were wasps I’d offer sisu a rent of 1 million pounds a year, with no access to parking or food and drink revenues, which I believe was the original deal that sisu reneged on, I’d then tell them to take it or leave it, which would be kind of poetic justice as the whole sorry saga would of then gone full circle.
It costs CCFC around £100k per season or just over £4000 per game for the use of the parts of the stadium they choose to utilise in terms of rent. Like it or not that is not a high day rent. Go check how much it costs to hire a stadium daily
Can't find anything concrete about dates but regulation 13.11 states the club have to notify the EFL of any changes to "circumstances relating to the occupation of its ground" and regulation 13.9 states a Club shall either own its ground or have a legally enforceable agreement with its ground’s owner for its use by the Club, expiring not earlier than the end of the current Season.What date do CCFC have to confirm ground arrangements for 2019-20 by?
Too right, why would wasps offer preferential terms to a hedge fund who has involved itself in lengthy litigation with everyone it has encountered.Really?
Too right, why would wasps offer preferential terms to a hedge fund who has involved itself in lengthy litigation with everyone it has encountered.
Any rental income received by wasps from sisu would have to be offset against any future legal cases, of which there will almost certainly be many.
Sisu have proved themselves to be untrustworthy tenants, and who could blame wasps if they decided to distance themselves.
Which might explain why Dallagio has stuck his oar in today.. however that's just his words, what is in the accounts carries all the weight.the only things i get hope from are poor Wasps finances, and the damage to reputation that refusing CCFC would bring.
Too right? I would blame all the parties but my wrath would come down on Wasps.Too right, why would wasps offer preferential terms to a hedge fund who has involved itself in lengthy litigation with everyone it has encountered.
Any rental income received by wasps from sisu would have to be offset against any future legal cases, of which there will almost certainly be many.
Sisu have proved themselves to be untrustworthy tenants, and who could blame wasps if they decided to distance themselves.
Your message seems to be wanting Coventry City to suffer for the sins of Sisu, say it aint so?
Too right? I would blame all the parties but my wrath would come down on Wasps.
Your message seems to be wanting Coventry City to suffer for the sins of Sisu, say it aint so?
Which ever way you look at it, a new rental agreement will almost certainly be loaded in wasps favour (and why wouldn’t it as they now hold all the cards)
As I have already stated, sisu are unreliable, and come with a history of withholding rental payments and renaging on contracts.
Who in their right minds would want them as tenants?
Whether wasps can afford to continue in buisiness without ccfc, is another debate altogether, and one which I’m unable to comment on.
I’d be gutted to leave the Ricoh for a second time, but I certainly wouldn’t point the finger of blame at wasps.
Which ever way you look at it, a new rental agreement will almost certainly be loaded in wasps favour (and why wouldn’t it as they now hold all the cards)
surely an untrustworthy tenant is better than none in a time when you need cash? You can then cast them aside when you are in a position where you don't need them?? Better the devil and all that...Which ever way you look at it, a new rental agreement will almost certainly be loaded in wasps favour (and why wouldn’t it as they now hold all the cards)
As I have already stated, sisu are unreliable, and come with a history of withholding rental payments and renaging on contracts.
Who in their right minds would want them as tenants?
Whether wasps can afford to continue in buisiness without ccfc, is another debate altogether, and one which I’m unable to comment on.
I’d be gutted to leave the Ricoh for a second time, but I certainly wouldn’t point the finger of blame at wasps.
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