jackmartin
New Member
It will be 175k year rent plus all F and B money
It will be 175k year rent plus all F and B money
Believe its just a percentage of matchday revenue from what ive been told
Looks like we'll be staying in Northampton then.
It will be 175k year rent plus all F and B money
I don't think so, ACL really are slightly backed into a corner, any reasonable offer really needs to be accepted, and this is a reasonable offer if it's correct, needs to be accepted really..
They aren't getting F&B money at the moment.. So they aren't missing out, they aren't getting any rent either so something is better than nothing..
There is also no way they are in talks with another sports team about renting the place either. It ain't happening!
Sounds realistic.
What about match day costs?
If I remember correctly it was revealed during the JR that while ACL used to charge £10K per match sisu claimed the actual costs were much less.
So there's a potential issue to be sorted as well.
I don't think so, ACL really are slightly backed into a corner, any reasonable offer really needs to be accepted, and this is a reasonable offer if it's correct, needs to be accepted really..
They aren't getting F&B money at the moment.. So they aren't missing out, they aren't getting any rent either so something is better than nothing..
There is also no way they are in talks with another sports team about renting the place either. It ain't happening!
Correct me if I'm wrong but 100% of F&B revenue isn't ACL's to offer?
If this is what they've asked for then it's nothing more than a pr stunt.
Correct me if I'm wrong but 100% of F&B revenue isn't ACL's to offer?
If this is what they've asked for then it's nothing more than a pr stunt.
I believe they got a refund on rates. Not sure of that was in the match day costs.
If above figures are true sounds reasonable to me. Difficulty is I'm not sure whether ACL have the power to give away F&B revenues. Can anyone remember what percentage of these it is that ACL own?
The rates refund came directly from the council who collect on behalf of central goverment, so i dont imagine that isn't included in match day costs.
From memory it includes things like maintenance and utility bills, surely things like this should be transparent from ACL to the club so no wool is getting pulled over eyes. I'm not sure if things like stewarding is included, if it is surely the club can take this responsability on for themselves so they are in control of the cost. The grounds keeping staff i would asume is now in the match day costs as IIRC ACL took these on when SISU let them go because of the Northampton move, again they could take the staff back on and control this cost.
Stewards were through ACL/Compass I believe.
It's doable but needs willing from both sides to bend a bit. Fingers crossed they can do that.
I don't think so, ACL really are slightly backed into a corner, any reasonable offer really needs to be accepted, and this is a reasonable offer if it's correct, needs to be accepted really..
They aren't getting F&B money at the moment.. So they aren't missing out, they aren't getting any rent either so something is better than nothing..
There is also no way they are in talks with another sports team about renting the place either. It ain't happening!
A seperate company I believe control these - ACL own I believe over 75% of that company - so if the voting structure is weighted towards them I can't see why they can't offer that.
IIRC this was covered in the SBT Q&A. Didn't City agree to negotiate with Compass directly before?
The sticking point will be opening ACL's books to verify the revenue payments. That and the legal action.
From what I understand ACL's main issue is trust. Hence the request for dropping the legals. As that's not being considered I wouldn't expect this offer to go far.
Remember ACL have to guard against the very real possibility that all Sisu are trying to do is get access to ACL's books to help the appeal.
A seperate company I believe control these - ACL own I believe over 75% of that company - so if the voting structure is weighted towards them I can't see why they can't offer that.
IIRC this was covered in the SBT Q&A. Didn't City agree to negotiate with Compass directly before?
The sticking point will be opening ACL's books to verify the revenue payments. That and the legal action.
From what I understand ACL's main issue is trust. Hence the request for dropping the legals. As that's not being considered I wouldn't expect this offer to go far.
Remember ACL have to guard against the very real possibility that all Sisu are trying to do is get access to ACL's books to help the appeal.
It will be 175k year rent plus all F and B money
Schmee how do you know that that is not been considered.
SISU wouldn't drop it in order to have talks. However you can bet your bottom dollar they will use it within the talks.
Every businessman would.
If they have nothing to hide then they have nothing to worry about. Anyway, they would be tenants. Doesn't give them the right to see anything.
Some more detail:
- Three-year contract with one-year rolling if required.
- Priority use of stadium on match days.
- Rent benchmarked to division the club is in.
- Club pays match day costs.
- Access to F&B revenues for days the club is renting the stadium
- So only paying for 23–30ish days per season.
- Would need some details looked at to cover any cup replays or other last minute schedule changes, e.g. TV
- For League 1 in the £175k–200k range. Would increase if we got promotion to Championship/Premier League (!). Rent is payment to use the stadium match day facilities.
- Club match day costs are for things like stewarding, police, medical & emergency etc.
- The eternal food & beverages issue. No idea what the club would want but I'd imagine Compass wouldn't be too unhappy sharing a percentage of the revenues of an extra 250,000ish punters a year.
[SUB][I've heard – although I have no proof so take it with a pinch of salt and if anyone has heard similar/different, please chip in – that as part of their deal, Compass pay ACL nearly £1.5m per annum and keep all revenue. This would mean that ACL don't have as much motivation to do this deal and might also have to negotiate on their deal with Compass to sort out a deal with CCFC. But as I say, no proof so could be a red herring.][/SUB]
If that is true, it doesn't sound too unreasonable does it?
If that is true, it doesn't sound too unreasonable does it?
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