CovInEssex
Well-Known Member
That reminds me, I blocked Justin Miller ages ago because he was so anti-doug, calling him a SISU-puppet every minute....What's he saying these days
Stadium update (12 Viewers)
- Thread starter Tommo1993
- Start date
That reminds me, I blocked Justin Miller ages ago because he was so anti-doug, calling him a SISU-puppet every minute....What's he saying these days
Terry Gibson's perm
Well-Known Member
We left probably twenty five’s minutes after the final whistle and it was really busy, it’s been a hell of a day I never went to bed last night thinking this day would have happened.
Good job it was a standard Saturday then or you may have missed it.
Terry Gibson's perm
Well-Known Member
Nothing is a rush, the Fraser signs don’t need moving until something better comes along (it could be part of the deal they have to stay for a while). Wasps spoke about replacing seats etc and look where that got them.
bigfatronssba
Well-Known Member
Doug King has confirmed in his interview after the game he has bought lock stock and barrel.
And that its a 250 year lease.
None of us will ever see a CCFC home game outside the city again
bigfatronssba
Well-Known Member
Its like when you move into a great house with decor that isn't to your liking.
You know its now yours, for as long as you want it. No one can take it away from you. So there is no need to rush with changing it
During a CBSA tour earlier this month, the Arena head of operations (working for Frasers) said that Frasers had invested £13m in infrastructure in the first year after purchase so Frasers considered it a £30m investment (including the £17m purchase price). I suspect we’ve paid upwards of that as I’m sure they won’t be selling it at a loss.
bigfatronssba
Well-Known Member
Can we now petition Doug to offer out regular stadium tours?
I'd love to have a look behind the scenes and would raise a bit of cash for the club
I'd love to have a look behind the scenes and would raise a bit of cash for the club
Incredible day and emotional for us all after the sh*te we’ve gone through. The noises earlier in the summer were ominous that we may end up without a deal to even play here. What a transformation the club has gone through in Doug’s tenure, and now we have instantly become a more investable prospect.
I think this is the route the club goes down, with Doug still as majority shareholder but with more outside investment to share the liabilities and help push us on. Whatever happens though, the club is a package deal with the stadium for once and it’s an incredible time to be a Sky Blue
we still need a CB though
I think this is the route the club goes down, with Doug still as majority shareholder but with more outside investment to share the liabilities and help push us on. Whatever happens though, the club is a package deal with the stadium for once and it’s an incredible time to be a Sky Blue
we still need a CB though
SkyBlueMatt
Well-Known Member
This has been an incredible day, a truly special moment. It is absolutely ridiculous that we have won 7-1 after the news this morning.
Doug has done something magical. I just want us to be us. Doug has given us our club back but it wouldn't have happened without our incredible fans.
I've run out of superlatives to express how I feel about today.
All that's left to say is thank you, you silver haired sexy bastard. Just please don't sell us to some soulless yank or saudi when the time comes.
Sent from my M2101K6G using Tapatalk
Doug has done something magical. I just want us to be us. Doug has given us our club back but it wouldn't have happened without our incredible fans.
I've run out of superlatives to express how I feel about today.
All that's left to say is thank you, you silver haired sexy bastard. Just please don't sell us to some soulless yank or saudi when the time comes.
Sent from my M2101K6G using Tapatalk
Earlsdon_Skyblue1
Well-Known Member
I think we will be back in the Premier League in the next season, two at a push. Everything is aligning, and we are currently slaying teams.
If Doug wants to sell after that, I won't blame him at all. He deserves it, and he's left us in a much better position.
If Doug wants to sell after that, I won't blame him at all. He deserves it, and he's left us in a much better position.
robbiekeane
Well-Known Member
you’re actually such a fucking twat aren’t you
robbiekeane
Well-Known Member
what a fucking time to be a city fan honestly.
i’ve been on the piss cor the last 24 hours for unrelated celebrations but my word what a time to be alive
I think Ashley saw the writing on the wall with it. No big stadium gigs this summer and with Villa and Blues branching there stadiums into the concert market, with much better transport links and more central, it reverts to being a football satdium rather than a venue.
Saddlebrains
Well-Known Member
Ive got the WiFi password
Happy to share it with people for £5 a pop
Happy to share it with people for £5 a pop
skybluetony176
Well-Known Member
Woke up this morning and the first thing I did was check the news reels to make sure yesterday wasn’t a dream. Grinning like a Cheshire Cat again.
lord_garrincha
Well-Known Member
L005e_L1pped_k1tM4n
23 was for 6 months but my read is heading in the right direction, losses halved admin costs roughly flat. What I can't spot is where they are putting in investment in to the arena as they don't seem to split capex out so I wonder if that is being included in administrative expenses which I think would be surprising. Accounts here
Nick
Administrator
Where's that from
Balli001
Well-Known Member
King said they paid 17 mil and it's safe to assume they have invested a fair amount. Kings interview also suggested we had paid a high figure
Nick
Administrator
Which interview?
Sky Blue Goblin
Well-Known Member
He did a press conference post game, it’s on the CCFC youtube
Ccfc1979
Well-Known Member
Didn’t Doug himself get rid of Boyle Sport and betting outlets at the ground as he is anti-gambling?
Captain Dart
Well-Known Member
The name was changed when they acquired the Coventry Provident Building Society in the 1980's.
shmmeee
Well-Known Member
Yeah I missed this too cos the YouTube vid looks like the promo from the game. He says we paid a lot more than £17m
shmmeee
Well-Known Member
You’re nice. Use your big boy words yeah?
Kneeza
Well-Known Member
Yep. I seem to recall there was a branch of each at the very end (T junction) of Bell Green Road?
My memory plays tricks these days though.
Grendel
Well-Known Member
Its 250 years which is essentially freehold
Sky Blue Wozza
Well-Known Member
Not sure myself, but a friend of a friend reports that it’s quiet most of the time…but still a buzz around the place. Service good, food quality variable.
Purely anecdotal, though.
CovInEssex
Well-Known Member
Large chunks of the administrative spending will be maintenance. Things you only do every 5/10 years that Wasps never did. The Turnover increase coupled with the Gross Margin increase are very impressive.
Captain Dart
Well-Known Member
There are 230 years left on the lease, to put it in perspective this was the King 230 years ago.
Captain Dart
Well-Known Member
Doug said in his press conference was that initially he was prepared to offer £25m and he had probably paid too much for the stadium.
Frasers paid £17m and have put money in since. I figure the price was north of £25m but sufficient to pay back Frasers capital investments plus interest. Anyway it's not my money.
Bad Boy
Well-Known Member
And move the away fans over to the corner of the North & East stand (soon to be renamed The George & John stand) so they get the bloody sun in their eyes .
Seriously, there's much to improve at the arena and I'm certain it will be acted upon.