this rent bollocks (1 Viewer)
- Thread starter ricohman
- Start date
Coventry La La La
New Member
And the best thread title of the year award goes to......
Grendel
Well-Known Member
They certainly won't be paying that much. Why should they? We need a sensible rent. Some clubs who operate in council run projects seem to pay hardly anything. It's a joke.
wolfie
New Member
I think sisu are right to hold back from paying those ridiculas high rent charges. I would go as far as saying sisu would be better off building there own stadium rather than get stitched up on the rent. The Ricoh arena is nothing without ccfc. Just a shame the local council would not give planning permission for a new, but basic stadium.
ccfcway
Well-Known Member
hmmm,
a perm roof on the stadium would easily make it the biggest indoor arena in the midlands, in fact, possibly the whole UK. It could quite easily be a major rival to the difficult to get to NIA.
I wouldnt say it would be their 1st choice, but to say the Ricoh is nothing without CCFC is just wrong. We need them just as much, if not more than they need us.
They are on their "Plan B", which is to take us to court and liquidate if needs be. Our plan B is Hinkley or Northamptonshire
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georgehudson
Well-Known Member
is it not a strange occurence that despite TF words that joy is 'hands on' we still haven't heard or seen her
Grendel
Well-Known Member
A roof would cost a collosal amount of money.
BurbageSkyBlues
New Member
About the same as the rent that is owing?
Or what about £700k per year lost rent going forward? ( the difference between the current rent and the new deal offered by AcL ( approximately, before you pick on details...)
stupot07
Well-Known Member
It is interesting when you think about it....
When the deal was first agreed we were the only guaranteed income stream, and other than scoping exercises and business plans ACL had no sea exactly how many events, exhibitions, concerts, etc they would attract and how much that would bring in, so at the beginning it probably made sense that ccfc rent was about 80% of the income.
nowhowever the Ricoh is more established and ccfc's rent is only 17% of income, and ACL say they are no longer reliant on us.
When the deal was first agreed we were the only guaranteed income stream, and other than scoping exercises and business plans ACL had no sea exactly how many events, exhibitions, concerts, etc they would attract and how much that would bring in, so at the beginning it probably made sense that ccfc rent was about 80% of the income.
nowhowever the Ricoh is more established and ccfc's rent is only 17% of income, and ACL say they are no longer reliant on us.
I have a problem with the fact that the rent does not appear to have been an issue at the outset when Sisu first bought the club (as evidenced by the fact that no negotiations were entered into) but now appears to be a major issue, no doubt as a result of our relegation.
sky blue zam
Member
well acl cant be doing that bad they just got a new tv and stand in the car park to replace the other "temporary" one. didnt gidney say they had to turn exhibitions away due to lack of hotel rooms in the area and they got rid of office space to build more hotel rooms. to add to the massive offer to sisu last week, if theyre in money trouble acl are playing a good game of calling bluff
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Grendel
Well-Known Member
The roof at Wimbledon I believe cost £15 million
cloughie
Well-Known Member
Black6Osprey
New Member
Totally agree. Now we only contribute 17% we should only contribute a similar level of rent compared to mortgage and running costs.
What is the current mortgage payment? I would assume under the current contract we would be paying the vast majority. Has anyone got a factual figure?
stupot07
Well-Known Member
Tbh Tony, I think they would be trying to renegotiate the rent even if we were still in the championship.
Fisher did say on CWR when it all kicked Off "Hell I'll pay a Championship rent if needs be".
That would be Circa £300k.,take off income stream offered £100k. ,Add in running costs £250K.,you have the basis of a deal.
Sky Blue Kid
Well-Known Member
Tonylinc....
I've been saying exactly the same....and Ricoman...absolutely agree, and many more millions hidden in the Caymen Islands.
I don't care how many of you say they have paid out millions of pounds I think there is far more millions hidden.
I've been saying exactly the same....and Ricoman...absolutely agree, and many more millions hidden in the Caymen Islands.
I don't care how many of you say they have paid out millions of pounds I think there is far more millions hidden.
dongonzalos
Well-Known Member
State of the art retractable one.i think the Richard retractable one was going to cost 20 mil. No idea how much cheaper it is for a fixed one.
Grendel
Well-Known Member
What about the required air conditioning to go with it?
dongonzalos
Well-Known Member
Suffice to say it would cost a chunk. However how much dosh does the Higgs charity have
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Mucca Mad Boys
Well-Known Member
What are the fans being put through!? CCFC is not going to cease to exist - neither side wants that! CCFC won't leave the RICOH - ACL don't want that and there are no viable altrnatives.
It doesn't take a half intelligent person to realise that CCFC is not in danger.
Grendel
Well-Known Member
Ricohman I am sure is an ACL employee. Looks like it might be getting hot in the ACL kitchen. Good.
Brighton Sky Blue
Well-Known Member
No, but for TF to be acting the way he is and saying the things he does, doesn't sit well with me. It doesn't matter that it won't happen, all outsiders see is his stupid comments and stories along the lines of 'Coventry considering Hinckley move', and that reflects extremely badly on the club.
coundonskyblue
New Member
<p>
Whether the rent is too high or not is frankly irrelevant. If it goes to court ccfc dont have a leg to stand on & will be ordered to pay all outstanding rent. End of.
Whether the rent is too high or not is frankly irrelevant. If it goes to court ccfc dont have a leg to stand on & will be ordered to pay all outstanding rent. End of.
Grendel
Well-Known Member
Or they could wind the club up. Perhaps that will make you happy.
coundonskyblue
New Member
<p>
Why would that make me happy?
Why would that make me happy?
Moscowskyblue
New Member
because they signed a contract agreeing to do so?
Mr T - Sukka!
Active Member
I don't see how it could be the biggest indoor arena in the UK, the Millenium Stadium in Cardiff has a capacity of 72,500. That has a retractable roof.
Grendel
Well-Known Member
It's also a lot easier to exit at the end as well.