So when people are saying the club is being stupid saying they will be build their own ground is because it is a better option than paying £24m to access stadium revenue streams on a ground you don't own!
Building a stadium you own 100% is financially better for the club.
Now you can see why acl refuse to allow mediators in to sort this out as they know they will lose this battle.
Fisher is not talking just about refreshments revenue in his interviewIf those figures are correct, and that's a big if, then it's exorbitant and unjustifiable. See that Grendel, it's called measure in debate.
However, bear in mind we lost £6m last year alone. Free rent, yes, free rent would bring that to £5m. They'd need a whole lot of burgers sold to cover that.
I make it - very approximately - £25 per person per game. Profit.
Even at 100% mark up, who eats £50-worth of burgers at every home game? Who eats that? Except for the stewards...
What a ludicrous statement. Would Joy actually turn up to meet with mediators? If so, why would she do so, and only send unempowered stooges to the last ACL meeting, who then renage on what they've agreed? And if she won't turn up, again, then there's no point
If those figures are correct, and that's a big if, then it's exorbitant and unjustifiable. See that Grendel, it's called measure in debate.
However, bear in mind we lost £6m last year alone. Free rent, yes, free rent would bring that to £5m. They'd need a whole lot of burgers sold to cover that.
I make it - very approximately - £25 per person per game. Profit.
Even at 100% mark up, who eats £50-worth of burgers at every home game? Who eats that? Except for the stewards...
Where did this £24million figure come from. It's all right jumping on the nasty old ACL/Council bandwagon but is it true ?
Fisher is not talking just about refreshments revenue in his interview
He wants other revenue streams from the Ricoh as well, he specifically mentioned naming rights and advertising sponsorship
Listen the the YouTube video in the Shane oconnor threadWhich interview did Fisher say this in?
I can understand after 10 years the £6m we sold at is £12m .
But £24m??
CCFC are the biggest advertisers of the Ricoh and we do it for free.
The naming contract is wholly dependant on the football club being in place. Without the club there are named sponsored or the sponsorship value drops massively. The club should be allowed a significant part of that.It depends on the value of contracts in place though, doesn't it. Let me give you an example, if ACL have negotiated a deal whereby Sony sponsor the arena after Ricoh's tenure, and the value of that is £15m over five years then that contract had a value. They will be looking for some value from such contracts as part of the deal.
The above being an example for illustrative purposes only. Just so I'm not accused if me stating it as sacrosanct in the future.
That's why I asked if anyone knew where the figure was derived from
I can understand after 10 years the £6m we sold at is £12m .
But £24m??
CCFC are the biggest advertisers of the Ricoh and we do it for free.
The naming contract is wholly dependant on the football club being in place. Without the club there are named sponsored or the sponsorship value drops massively. The club should be allowed a significant part of that.
Are the revenue streams CCFC sold and the revenue streams with an alleged sale price of £24m comprised of identical revenue streams? e.g. if the club is seeking access to the naming rights now, were they also part of the income streams previous sold off by the club? (And if they were it seems a really stupid deal to sell for £6m something which quickly generated £10m!!)
On behalf of the Sky Blue Trust have just spoken to a Director of ACL who has said that this figure of £24 million is completely erroneous. There have not been discussions for the total revenue rights at all and he is mystified where this number has been created from. The profits from the food and beverages on match days is being offered to the club for free, worth about £100k and if the club wishes to reflect the revenue or sales (around £1m) for salary cap reasons then that could be arranged. Also we were told that if the club wishes to negotiate on individual revenue streams such as car parking etc then ACL would be willing to do so but up till now these have not been mentioned.
Just to clear up all the nonsense that is being spouted about rent etc the highlights of the deal being offered are rent is £400 K including match day costs, then club would receive the ACL profits from match day catering, around £100k and a rate rebate of £150 k and this is how the total of £150,000 per season has been arrived at.
Now if CCFC want revenue streams back we have to pay £24m for it.
On behalf of the Sky Blue Trust have just spoken to a Director of ACL who has said that this figure of £24 million is completely erroneous. There have not been discussions for the total revenue rights at all and he is mystified where this number has been created from. The profits from the food and beverages on match days is being offered to the club for free, worth about £100k and if the club wishes to reflect the revenue or sales (around £1m) for salary cap reasons then that could be arranged. Also we were told that if the club wishes to negotiate on individual revenue streams such as car parking etc then ACL would be willing to do so but up till now these have not been mentioned.
Just to clear up all the nonsense that is being spouted about rent etc the highlights of the deal being offered are rent is £400 K including match day costs, then club would receive the ACL profits from match day catering, around £100k and a rate rebate of £150 k and this is how the total of £150,000 per season has been arrived at.
On behalf of the Sky Blue Trust have just spoken to a Director of ACL who has said that this figure of £24 million is completely erroneous. There have not been discussions for the total revenue rights at all and he is mystified where this number has been created from. The profits from the food and beverages on match days is being offered to the club for free, worth about £100k and if the club wishes to reflect the revenue or sales (around £1m) for salary cap reasons then that could be arranged. Also we were told that if the club wishes to negotiate on individual revenue streams such as car parking etc then ACL would be willing to do so but up till now these have not been mentioned.
Just to clear up all the nonsense that is being spouted about rent etc the highlights of the deal being offered are rent is £400 K including match day costs, then club would receive the ACL profits from match day catering, around £100k and a rate rebate of £150 k and this is how the total of £150,000 per season has been arrived at.
Thank you Jan for seeking some clarity.
It clarified nothing.
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