Did the RICOH ever receive Community Asset Status?
What is this meh I see on here occasionally
Too long in the tooth to get it
No it didn't.
Meh is....
exclamation
1.
expressing a lack of interest or enthusiasm.
"meh, I'm not impressed so far"
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When should we expect the headline "City fans want to leave the Ricoh" from the results?
Why is now the best time to it? Any new deal will replace the current one, and with wasps new debt commitments it is very likely rent will be significantly higher than the £100k (plus matchday costs) we currently pay and I'd guess we'd get less access to revenues.
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We have a deal here. Let's keep all options open, but concentrate on the here and now and the product on the pitch. We get promoted and CCFC will look a much more attractive proposition, should anyone be looking to take us over.
Why is now the best time to it? Any new deal will replace the current one, and with wasps new debt commitments it is very likely rent will be significantly higher than the £100k (plus matchday costs) we currently pay and I'd guess we'd get less access to revenues.
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Because in just over 1 year they have the option to boot us out. The closer we get to that point and then the end of extended two year period should we get it the weaker our bargaining position becomes.
What it ends up as largely depends on SISU's ability to negotiate.
I don't doubt that any new deal would have a higher rent, but I wouldn't say they have more debt commitments, the bond was mainly consolidating other debts, it's unlikely the commitments under the bond are more expensive than the loans they were paying off.
Very similar levels but over a much tighter timescale
How do you know there aren't discussions taking place?
Very similar levels but over a much tighter timescale
Possibly, but seeing as how popular their bond turned out I'd say the likelihood of putting another bond out in 7 years time will be pretty high, I would think most people investing now would do so again, they just have to meet the interest payments, which of course part of the bond funds. So, a good chance of a longer timescale.
Anyway, the point being, I think most agree that it's unlikely rent of £100k will be renewed.
Be cheaper to strike it now than at the eleventh hour IMO
Probably.
There's also at least *some* lip service to doing right by the club (however much it's believed or not!) from the former owners of ACL, so can play on that atm, too.
Might not be that chance later.
Yeah agree
Yup, my own personal view is they negotiate a five year deal, say.
They can then turn round and say, 'see, we're committed to Coventry, we're looking at land just outside, but see how we're committed to Coventry. You (in the form of the council) say you're committed to Coventry City. So now we've shown we're committed to the city, can you help us move forward by working with us to find land in the city for our own ground? We've shown our commitment, so now you show yours.'
Would if nothing else turn the question round to other parties.
Sounds just about plausible to me except for the timescale
Firstly because ten yrs as a minimum to allow some healing and the landscape to change
Secondly to pull the plan, permissions funding etc together
Thirdl,, a ten yr deal/ commitment should bring a reduced rental rate hopefully
Five years probably the best balance between showing commitment, getting commitment for a ground to actually happen... not giving enough security to the landlords to guarantee their survival, so giving the opportunity to switch to Plan B if the chance presents itself.
And if a ground were actually coming along come year four of a deal, then surely, *surely* public opinion would ensure a deal could be extended rather than rendering us homeless?
Aren't there stipulations from the FL with regard to length of lease / License to play at a venue
We didn't do very well with our last game of poker
Where would we play the next time should we fail to agree terms? :-(
Aren't there stipulations from the FL with regard to length of lease / License to play at a venue
We didn't do very well with our last game of poker
Where would we play the next time should we fail to agree terms? :-(
Aren't there stipulations from the FL with regard to length of lease / License to play at a venue
We didn't do very well with our last game of poker
Where would we play the next time should we fail to agree terms? :-(
The deal should be a min of 10 years but. The FL have shown they will be flexible if needed.
Your second question is the danger regardless of whether we're negotiating a short term or long term deal. Wasps aren't here to do us any favours, it will be all about making the maximum amount of money from us as they can.
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The question should be: Would you be prepared to move if the deal meant CCC and Wasps would do very nicely indeed. The majority on here wouldn't be able to press the YES option quick enough. Sad reading through this thread.
We will be attractive based on what? We will still be in a worse position and less attractive than when we were last taken over, and we weren't an attractive prospect then either as evidenced because we ended up with shit heads like SISU in charge.
What, you think we will be just less as attractive as a promoted, winning team as we would be a struggling League One team?
:thinking about:
What, you think we will be just less as attractive as a promoted, winning team as we would be a struggling League One team?
:thinking about:
If we can't have the Ricoh, and there was a nice shiny alternative in the right location - fine (then we can reap the pie income benefits etc). Who wouldn't want that? But....there isn't at the moment or in the foreseeable future :thinking about:
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