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  1. chiefdave

    The financial arguement for a new ground

    This is it isn't it. If there was any sign that this was a genuine attempt to try and turn things around and leave us better I think the majority of supporters would get behind it but there just doesn't seem to be a case that this is a way forward that's going to do anything but damage.
  2. chiefdave

    Les Reid= FAIL

    But why do people assume the club and ground will be united, or that money made through development of the ground would find it way back to the club, this has not been stated anywhere that I know of. I'll try and make it clearer. Lets say the council hand SISU the Ricoh for nothing. SISU set up...
  3. chiefdave

    After today report, it's time for a new club

    Of course they can't but on more than one occasion in the last couple of years I've wished I could. Being a football supporter is supposed to, at least occasionally, be an enjoyable experience but for us it just seems to be one thing after another. Every time you think it's bottomed out and...
  4. chiefdave

    The financial arguement for a new ground

    That's all well and good but the new stadium isn't going to be in the city. Not knowing the location it may be the case there is a catchment area for that market sector but equally we may be in an area where we will struggle to attract any such business. No idea what the Sunday market makes...
  5. chiefdave

    Getting back investment

    correct and that would be the flip side of the argument, does the benefit of having a football team in Coventry outweigh the benifit of retaining ownership of the Ricoh. It's not a straightforward issue which is why when we only get broad comments such as build a new stadium and everything will...
  6. chiefdave

    Getting back investment

    Probably depends on how people are defining losing out. I see what you mean, assuming the council aren't out of pocket (ie: the loan get paid back) then if SISU were handed the Ricoh tomorrow you wouldn't see your council tax bill go up or down or anything change. I guess that some people are...
  7. chiefdave

    Les Reid= FAIL

    who knows but what about a scenario where SISU decide CCFC is losing money, the stadium is making money. SISU stop paying the bills for CCFC and we go into administration again, they might gamble that someone, even if only the likes of Joe and Hoff will make a bid to save the club and then they...
  8. chiefdave

    Important Q: what did Joy Seppala want to get from a CET interview?

    I would query how much the investors actually know. Can you imagine anyone looking at this mess and the millions that have supposedly been invested by SISU with no return and think things are going well and be happy with the use of their money?
  9. chiefdave

    The financial arguement for a new ground

    Think you're misunderstanding me, I'm not saying that we get money now for those things. I'm saying those currently using the Ricoh aren't likely to walk away and relocate to our new out of town stadium so we won't see increased income from those type of events in the scenario where we own the...
  10. chiefdave

    Les Reid= FAIL

    would the club and stadium be under single ownership? I've not seen that stated anywhere and that's part of my problem with the new ground scheme. SISU could create a new company which charges CCFC rent and retains matchday revenues, exactly the same situation as we're in with ACL. They could...
  11. chiefdave

    Getting back investment

    In theory there's 2 potential ways taxpayers could lose out. Let's say the Ricoh is worth £40 and after paying off ACL to buy out the lease (possibly cancelled out with the loan) to be able to hand it all over to a third party at market rate the council would end up with £25m profit (no idea on...
  12. chiefdave

    The financial arguement for a new ground

    but equally if that was the idea better to stay at the Ricoh. Even at £1.2m a year rent with PL ticket prices and crowds they'd be able to walk away with a profit. And of course don't forget that to accommodate 30K crowds would require more money to be spent on this new stadium, we don't know...
  13. chiefdave

    Les Reid= FAIL

    the point would be if we're going to end up in exactly the same situation why not just stay at the Ricoh? moving away, losing fans and causing all the associated grief there has been is pointless from the clubs perspective if we end up in a new ground we don't own. If there's a clear business...
  14. chiefdave

    Les Reid= FAIL

    Think the point is if SISU own the stadium and we are paying them rent how is the football club, the bit I assume we are all bothered about, actually better off. Using your house analogy, you own your own house as all the legal documents are in your name, it's only if you default on your...
  15. chiefdave

    The financial arguement for a new ground

    I see a lot of posts, both here and on twitter, stating as fact that a new ground will leave CCFC better off financially. So does anyone have an idea on actual figures that back this up? The last offer we know was on the the table from ACL was £400K a year plus access to their share of match...
  16. chiefdave

    We'll Come Back To The Ricoh...

    Nothing wrong with that at all but as far as I can see the figures don't add up and if anything building a new stadium as opposed to renting the Ricoh will leave us worse off. How long is it going to be before we have a net gain over being at the Ricoh, 50 years, 100 years? It's certainly going...
  17. chiefdave

    We'll Come Back To The Ricoh...

    Not a lot of new information is there. Confirmation that they are only interested in ownership, despite Labovitch's denials of this, seems about the only new thing. As has been discussed on here previously from the clubs perspective there is no business case to need 100% ownership of the...
  18. chiefdave

    Key Quotes from Reid/Seppala

    These 2 for me are a pretty good summary of the mess we're in. We're told Joy is hands on day to day and making all the decisions yet she doesn't want to run a football club. To say Tim is doing a good job, don't know where to start with that really.
  19. chiefdave

    Les Reid Exclusive INterview with Seppalla....

    will be interesting to see the article tomorrow. hope at some point they can put up a transcript of the whole interview, would hopefully show that Les hasn't gone easy on her / is a SISU puppet / served up easy questions etc. the things I would like to be reading about tomorrow (more hopeful on...
  20. chiefdave

    Joy Seppala meeting at Ryton Report

    Obviously it's a good thing if Joy is going to start communicating more, hopefully we'll get more sense out of her than Fisher. Think the news that she won't rule out a return to the Rioch is the only new point to really come out of this. What we really need to know now is what they would...
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