sky blue john
Well-Known Member
The only problem I see is f&b because of the complications involved. But this could be offset with all of the parking revenue and pitch side advertising which should be worth far more.
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 as some of you say the club would pay 175k a year rent, would that be an automatic gain of 1m?
Its still be cheaper than paying for a £25 million mortgage...
Higher wattage bulbs in the offices? Remember how dark and dingy they were last time?
SISU are professionals with an attention for detail, never forget that.
More likely that a new place would be paid for in a similar way to how the Ricoh was; get development land, sell bits to retail concerns, ker-ching.
Not sure that's going to work in the present environment. That type of retail is nowhere near as strong as it was when the Ricoh got built, a lot of the major retailers are sitting on a large number of sites having shelved plans to build on them. The attraction of the Ricoh site was land in what would have been considered a prime position that was previously unavailable. Hard to imagine a site outside the city that would have the same attraction. That's before you even consider how many sites are available that a suitable retailer couldn't just purchase themselves if they wanted to build a store.
If it was that easy wouldn't every club be getting new grounds built for them without having to put a penny in! Down here Pompey have recently tried that trick. A plot of land on the Fratton Park site was sold to Tesco however there were planning restrictions meaning it could only be used by the football club. The original plan was for Pompey to get a new stand as part of the deal involving change of use, they actually ended up with (or at least will if the store ever gets built which is doubtful) a few spaces in Tesco car park for the club to use on matchday. That's a million miles from getting someone to fund a new stadium and that's for a site slap bang in the middle of the city.
Compass wouldn't be a problem in this,hence Mr Fisher and co going on about AEG:thinking about:
Is this the same Jackmartin who said quite categorically that Sisu would win the judicial review?
yes thats me
More likely that a new place would be paid for in a similar way to how the Ricoh was; get development land, sell bits to retail concerns, ker-ching.
If that is true, it doesn't sound too unreasonable does it?
More likely that a new place would be paid for in a similar way to how the Ricoh was; get development land, sell bits to retail concerns, ker-ching.
Also: says it all the the offer has come on here through Sisu's own Weber Shandwick, but not just sent to ACL.
Stop pissing about FFS.
Wasn't it sent to fans by email?
The two stadium funding details I've heard in the last month or so are 'with joint investors' and 'co-development, like the Ricoh' (massively simplified but you get the gist). If there is to be a new stadium – and I'm not ruling it in or out but until ground is broken, there isn't one, only the possibility – it will go along the lines of
No idea which retailers would be/have been approached but if the location is good enough, who knows? I'd guess at a supermarket as they seem to immune to competition and one or other of the chains is on the up at any one time. (E.g. Morrisons popping up on the old Ford foundry site in Leam almost next door to Sainsbury.)
- Buy land (most likely an option based on planning approval)
- Announce purchase but not location
- Apply for outline planning
- Lots of people go completely nuts
- Er...
Oh, and apparently the club want all match day revenue so include ads, car parks etc.
The two stadium funding details I've heard in the last month or so are 'with joint investors' and 'co-development, like the Ricoh' (massively simplified but you get the gist).
It's all a moot point until we know more about potential location & it's certainly not my job to sell any ideas of a new ground as, er, Getting Cov Back to the Ricoh is the priority for me. There's nothing wrong with being skeptical or cynical but dismissing it outright doesn't make much sense either. A north of Cov location would bring different options to a south-of one and the size will too. I think the preference is for a campus (ground, training & retail in one) but that would need a bigger plot. Other factors like accessibility come into play too.
Bottom line is, as soon as/if they announce any land deal, we'll see what happens.
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