italiahorse
Well-Known Member
No we need to get back to the Ricoh and put this behind us.
Are the moderators frightened to say no to Sisue?
Worryingly I find myself agreeing with the sentiment of his post - we need a new stadium in Coventry.
Hence why I said in my earlier post that they need to get their arses in gear.
No we need to get back to the Ricoh and put this behind us.
Are the moderators frightened to say no to Sisue?
No we need to get back to the Ricoh and put this behind us.
Are the moderators frightened to say no to Sisue?
What sort of return can you expect to get on a 25m new stadium for CCFC?
Would that rate of return interest a hedge fund?
What sort of return can you expect to get on a 25m new stadium for CCFC?
Would that rate of return interest a hedge fund?
Tim said that they'd sell the surrounding land to help fund the project a bit like Tesco and the Ricoh so it wouldn't be as much as that they would have to find investors for.
Tim said that they'd sell the surrounding land to help fund the project a bit like Tesco and the Ricoh so it wouldn't be as much as that they would have to find investors for.
If the Ricoh makes more money without the club why? It's denying a charity a better return on their investment and getting construction jobs in the city.
We need all available land in the city for new houses, not fishers useless stadium.Many, many posters on here proclaim that ACL and the council do not need the football. Many, many posters claim the club being at the Ricoh is a handicap.
Lots of other events could take place in the arena. Big truck racing (whatever that is) Northampton saints or Saracens rugby club, international show jumping, all year round rock concerts. Many believe that the facility souls outdo the NEC without the millstone of a football club. Apparently its worth many more millions than the club could afford and is a gold mine with the potential of new hotels. Again sure we are selfish to deny these scores of investors queuing for a piece of the action.
The backdrop to this is a council struggling to meet budgets and predictions of local service cuts and redundancies. So, surely the solution is obvious. The council identifies suitable sites in the city. It could sell unwanted land generating revenue and jobs while the Ricoh thrives as everyone says it will without the football club
Tim said that they'd sell the surrounding land to help fund the project a bit like Tesco and the Ricoh so it wouldn't be as much as that they would have to find investors for.
That is such a gamble though. The reason it worked with Tesco is because the council bought derelict land, which they could then sell on with planning permission.
To make money on this, Sisu will have to buy land, then hope and prey they get planning permission before selling it on.
From what I can see their whole plan rests on an assumption they will get planning permission for an adjoining development.
Anyway, I cant think of a 60 acre brownfield site near Coventry which leads me to the conclusion its bullpoop.
I've looked on a map and i cant see anywhere called bullpoop near Coventry. just how far away is the new stadium going to be?
there is nothing to suggest its going to happen
no plans and no land bought, yet we are 1/6th of the way through out "3 year plan" to get back to Coventry
If the council stated offering venues on a plate that element of their strategy would be quickly exposed.
Many, many posters on here proclaim that ACL and the council do not need the football. Many, many posters claim the club being at the Ricoh is a handicap.
Lots of other events could take place in the arena. Big truck racing (whatever that is) Northampton saints or Saracens rugby club, international show jumping, all year round rock concerts. Many believe that the facility souls outdo the NEC without the millstone of a football club. Apparently its worth many more millions than the club could afford and is a gold mine with the potential of new hotels. Again sure we are selfish to deny these scores of investors queuing for a piece of the action.
The backdrop to this is a council struggling to meet budgets and predictions of local service cuts and redundancies. So, surely the solution is obvious. The council identifies suitable sites in the city. It could sell unwanted land generating revenue and jobs while the Ricoh thrives as everyone says it will without the football club
There's Bulko... where my mum lives but thats quite a nice little village?
If the council stated offering venues on a plate that element of their strategy would be quickly exposed.
Indeed, back them into a corner and either all is well, they're genuine, and care about the club... or one element of deflection is closed off to them.
What's not to like?
I was trying to work out what the worst that could happen is. Surely Sisu will sell to a developer at worst when they exit, I'm really not sure what's to lose if the council get market value (which, it appears, is the legal requirement anyway).
Yeah the land still has to go through planning permission after all, and not like SISU can secretly build a secret lazer firing nuclear capable base to train onto the town hall, is it?!?
And it's not like Coventry real estate is in high demand, so even an empty plot isn't trouble in the long run.
Though 60 acres or whatever is a huge amount, a man wearing more tinfoil than me might suggest high enough to ensure that any such land offered can be rejected as "not matching our ambitions for the club".
60 acres is indeed a lot.
The other concern, incidentally, that academy next to ground is a fine idea, I'd even accept the club rocking up in Baginton, say, if that happened.
Surely a concern that Ryton is either:
Sold without a murmur as part of the financing... for a ground that never happens or;
Is used as a battering ram to get the failed planning permission McGinnity applied for granted this time, in order for the price to rise for the land, thus allowing them to sell it for more than its current value, wiping out the costs spent buggering off to Northampton, and wiping the club out for a net cost of zero since this particular strategy began.
See? I can do wild conspiracy theories with the best of them
Many, many posters on here proclaim that ACL and the council do not need the football. Many, many posters claim the club being at the Ricoh is a handicap.
Lots of other events could take place in the arena. Big truck racing (whatever that is) Northampton saints or Saracens rugby club, international show jumping, all year round rock concerts. Many believe that the facility souls outdo the NEC without the millstone of a football club. Apparently its worth many more millions than the club could afford and is a gold mine with the potential of new hotels. Again sure we are selfish to deny these scores of investors queuing for a piece of the action.
The backdrop to this is a council struggling to meet budgets and predictions of local service cuts and redundancies. So, surely the solution is obvious. The council identifies suitable sites in the city. It could sell unwanted land generating revenue and jobs while the Ricoh thrives as everyone says it will without the football club
another scenario is that the club ends up with 50 odd acres of land that it cant sell.
another scenario is that the club ends up with 50 odd acres of land that it cant sell.
TBH, I can't see them buying that much land unless they have a major partner to subsidise them with a sure fire project the partner is prepared to pay for, a football ground would simply be an adjunct.
That is in essence how the Ricoh got built, Tesco money to purchase the Arena Park land from the council (did they buy the freehold or a long leasehold anyone know?) provided about 53% of the finance of the project.
That HS2 conspiracy is looking more likely. How much land is available up there?
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