Search results

All i can tell you is that in the published accounts there is over £995k in direct costs which have the following explanation "Direct operating costs include match expenses and the direct costs relating to playing activities" I assume, and it is only an assumption but i think reasonable...

The income sources have been an issue and fundamental to the survival of this club from day one. It isnt FFP that will kill this club it is the continued losses and ever increasing debt that will.

It is £400k for the rent which is paid to ACL. The match day costs £240K would be there anyway whether the club own or rent the ground (including the directors bar bill which is included in match day costs but also (but not only) the costs of supplying staffing to the corporate & posh seats that...

The £2m is the amount shown in the football investors ltd accounts for the value of their shares which was used to purchase the ACL shares don. The charity owns football investors ltd. The charity paid CCFC £6.5m for the rights to those shares. The shares issued in ACL to the charity is £1.75m...

guess we have to agree to differ on some things Godiva :)

Trouble is having developed the losses and debt, the club has to live with the consequences of that going forward and for a number of (many?)years. It will affect its business ability, its planning, objectives and partnerships - in that sense the past is very relevant. Does it require a...

Was just throwing the thoughts out there Godiva :) I dont think anyone at ACL, Council or Charity want to see CCFC get wound up ....... I dont think anyone at ACL, Council or Charity want to see the development of North Coventry fail or lost control of either though....... The fans see...

Good article ...... proves what can be done without incurring massive debt

maybe we should consider whether ACL can change their structure and finances so it does work, might have an effect on the future of CCFC or any rent that will be settled on :thinking about:

ACL do not receive this directly, they receive a share of the profits (ie after deduction of all costs) from the joint venture with Compass.

as does the loss caused by having a long term non paying tenant or the loss to value caused by the reduction of the amount payable under the lease. Always two sides to this.

Can see why you might think that but completely unrelated in my opinion.

this article might help MMM & Grendel http://www.bbc.co.uk/sport/0/football/17841566

Look forward to hearing the album. Saw him at Milton Keynes Bowl years ago (83 ?) on the Serious Moonlight Tour ........ held the crowd spellbound...... One of my all time favourite concerts. Good memories :D

more to do with trust in any future working relationship Pete. You only have to look how opinions have been polarised here then relate that to people directly involved. It isnt necessarily about the financial things it is about working relationships going forward. For example in the past the...

just an opinion but I think what the result of these acrimonious negotiations will be that CCFC will not get any interest in the stadium any time soon and certainly not whilst SISU are here, (freehold or leasehold or shares in ACL). If SISU fail in the plan i believe is going on - the...

personally i welcome that there is a group of people that give a great deal of their own time to try to better represent the interests of the fans even if it is only the ones in their membership. Do they represent all fans no - they do not actually claim to - but it is a stronger voice than the...

not at all ...... the less SISU fund day to day operations the better...... ideally it would be good to have owners that only needed to fund the major purchases .......... but cant see that any time soon. The point i am making is that it has been implied by TF that it will be additional...

Have got to agree with ashbyjan that savings on rent i do not think will go directly to the pitch as such. What will happen is that the spending on wages will go on as per budget - already said they would spend to the max FFP (fans forum), what will change is that the debt to SISU will not...

Isnt it up to CCFC and its owners how they run their business though. Had they chosen to run it differently then there may have been success on the field, bigger crowds, more income and retention of the "star players" The rent is a small part of why we are in the financial thick n smelly it isnt...