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  1. oldskyblue58

    22k break even myth !!!!

    So breakeven now is ?( ...... just an example because it is all guess work ) say current costs were (ie at sixfields) Player and other wages £2.5m Academy costs £500k Training ground costs £250k utilities etc £250K Interest payable £1m Other costs (marketing, match costs etc) £250k...
  2. oldskyblue58

    22k break even myth !!!!

    also break even was based on wages between 7.1m in 2005 7.1 in 2006 and 9.8m in 2007. Turnovers were 8.7m in 2005 9.9m in 2006 and 9.7m in 2007 In my mind the problems were yes the rent being too high but the bigger factor was paying out too much in wages. It is in a sense ironic that...
  3. oldskyblue58

    How on earth can The Ricoh survive?

    not quite the case though in terms of usage that is advertised though is it ..... http://www.ricoharena.com/business/business-events/ http://www.ricoharena.com/entertainment/entertainment-events/ http://www.ricoharena.com/sport/sport-events/ Think you will find that they have had some major...
  4. oldskyblue58

    Come on guys - You don't have to be a brain scientist

    Yes japandy you were indeed the one to first say it, but I am guessing that like me you post any information to be helpful rather than to be able to say "I was the first" or "I told you so". Personally I would encourage you to keep posting such information - anything that helps us all understand...
  5. oldskyblue58

    "New ground" latest

    Would Brandon be covered by Warwickshire Police....... will they have the man power and resources to cover the policing of matches? ...... they are already stretched because of the cut backs. Is that another possible objection/problem?
  6. oldskyblue58

    "New ground" latest

    What is the due diligence you have to do over the purchase of a plot of land? Isn't it just the land searches usually done by solicitors and approaching the planning authorities? There might of course be a land audit to see if land is suitable and to be carried out by buyer? How long would that...
  7. oldskyblue58

    "New ground" latest

    If Brandon is to become a new academy site I wonder what the agreement with Alan Higgs Centre is in terms of length of tenure?
  8. oldskyblue58

    Come on guys - You don't have to be a brain scientist

    This might help explain things that can result remedies for a Judicial Review http://www.publiclawproject.org.uk/downloads/RemediesInJR.pdf process details are here http://uk.practicallaw.com/9-385-9310?service=property
  9. oldskyblue58

    Come on guys - You don't have to be a brain scientist

    Can see where you are coming from, however wont the case be decided upon by the evidence at the time of the decisions rather than the supposed results of circumstances that are strongly contested 9 months later? In any case are not those supposed circumstances matched and to some degree at...
  10. oldskyblue58

    Sisu launch new High Court bid to challenge £14.4m bail out of Ricoh Stadium owners

    to be honest this latest application is just part of the normal process that would occur in many court cases. It really isnt headline news nor is it I suspect something that the CCC legal advisors did not expect. Will it turn anything up ? who knows it might, it might not even if it does it...
  11. oldskyblue58

    Bickering MP's

    As i understand it there is nothing that can make the administrator/liquidator of ccfc ltd pay ACL the money. They can only apportion what is left in the pot to all creditors in proportion to their debt (after deducting the admin/legal/liquidation costs of course) The intention of the FL is that...
  12. oldskyblue58

    Bickering MP's

    I thought that he was, or more exactly a guarantor to the escrow account. Is it ACL or the administrator that has to chase up on that account though? Perhaps who ever should has and some agreement is being or has been made? Wouldnt say ACL were due nothing, I understood that as part of Otium...
  13. oldskyblue58

    Bickering MP's

    Would like to see Robinson questioned properly as to his role in all this and as to whether he has any financial liability because of it. Think that might be interesting. But not sure that would add much to solving the mess It would seem there wasnt much bickering between Ainsworth and Cunningham
  14. oldskyblue58

    Throw down the gauntlet - make an offer

    I know someone has to make the first move but if I were CCC/ACL and wanted to sell (and we do not know they do) I wouldnt (a) be making the first move and (b) would be demanding something more than the value I would expect to get to allow for negotiation. It is also a thought that the only deal...
  15. oldskyblue58

    PKWH on CWR Shane O'Connor 23/10/2013

    the averaging of three or four independent valuations only really works if a) the council and or ACL need to sell or are forced to sell b) that the terms of reference for each valuation is the same c) the valuations are based on accurate current information If CCC or ACL only really would...
  16. oldskyblue58

    PKWH on CWR Shane O'Connor 23/10/2013

    There is a big assumption being made. We have not read or heard that the Ricoh isnt for sale certainly but we also have not heard or seen that it is either. What is being said directly to CCFC/SISU/JS is ........ you need to make a proposal (for short/long leasehold or freehold or for part/all...
  17. oldskyblue58

    ACL independently strong

    I think that 10% is a misnomer stupot. I thought that was the amount of the profit that ACL would give to CCFC in the deal last January. I dont think it is the margin that IEC make on it
  18. oldskyblue58

    ACL independently strong

    just playing devils advocate ....... If ACL is so healthy with good income streams, can use the stadium bowl from time to time at times that suit them, dont have to share usage and income streams, are making good profits from the core business (thats not football btw) etc etc ........ why do...
  19. oldskyblue58

    PKWH on CWR Shane O'Connor 23/10/2013

    I know this might come as a shock to Godiva but i agree ............... the whole process has served to sharpen up the ACL act. They are now driving the business, making it sharper and more efficient. The focus is no longer on football
  20. oldskyblue58

    PKWH on CWR Shane O'Connor 23/10/2013

    were they that healthy then? Turnover for 2012 was only 7.8m they were making bank repayments of £1.7m, and had a delinquent major tenant. They could have folded yes but they chose a different route It is interesting that it is seen as a "bail out" which tends to imply the money wont be got...
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