So is that like somebody buying my house and taking on my mortgage? Giving me the cash for the house but then having to pay the mortgage too? (assuming my house is worth the same as my mortgage)
A quick question. I read on here that the Ricoh naming rights have been extended from 2015 to 2025. Have they been paid yet? How much and who gets the money if it has not yet been paid? Could it affect the calculation?
acl have a bunch of silly long term agreements with different parties or something. i think thats why sisu dont wanna go ahead with it.
not sure though.
Surely better than having to build a brand new stadium on the outskirts of Coventry in Plymouth.
Or shall we play Seppala's game of no offer but you are more than welcome to give is the stadium for free?
So is that like somebody buying my house and taking on my mortgage? Giving me the cash for the house but then having to pay the mortgage too? (assuming my house is worth the same as my mortgage)
A quick question. I read on here that the Ricoh naming rights have been extended from 2015 to 2025. Have they been paid yet? How much and who gets the money if it has not yet been paid? Could it affect the calculation?
Basically yes, the sticking point being your bank would need to be happy with that and have no concerns about the new owner suddenly stopping payments.
Ahh, I can't see anybody wanting to do that as they would be paying twice what it is worth wouldn't they?
So you don't think ACL is worth shares value plus loan?
So you don't think ACL is worth shares value plus loan?
What is the value of the shares?
If the club bought ACL it would be the shares they bought. That way they would own the company.
What they would do with the loan afterwards is not part of the take over.
Read it here a couple of weeks ago. If that money is still to come it would be a plus point for the value. If the deal had not been done (Extension of naming rights ), CCFC and the Arena could be branded together by a main sponsor. E.g. Bayer Leverkusen - Bayer Arena, RB Leipzig - Red Bull. More atractive than Ricoh Office Photocopier - charity. There was never a well thought out plan of how to sell CCFC as a whole Package - "Corporate Image" even before SISU. Now its all falling apart Tim points out that there are too many contracts tied to different people by ACL. CCFC would be best off with one major Corporate sponsor whose brand is on everything from the stadium roof to the coffee cups and pie wrappings.Where did you here that?
Read it here a couple of weeks ago. If that money is still to come it would be a plus point for the value. If the deal had not been done (Extension of naming rights ), CCFC and the Arena could be branded together by a main sponsor. E.g. Bayer Leverkusen - Bayer Arena, RB Leipzig - Red Bull. More atractive than Ricoh Office Photocopier - charity. There was never a well thought out plan of how to sell CCFC as a whole Package - "Corporate Image" even before SISU. Now its all falling apart Tim points out that there are too many contracts tied to different people by ACL. CCFC would be best off with one major Corporate sponsor whose brand is on everything from the stadium roof to the coffee cups and pie wrappings.
But that is now pie in the sky as the parties hate each other and will not work together.
If I am getting this right
If they are still to get that money it will help keep ACL sustainable
I am sure if it happened, it would be everywhere
ACL aren't renowned for sharing information about their finances. They never made a point of telling anyone about the exit fee from IoC. It now just appears in the accounts.
When the naming rights were renewed was it around the beginning of the rent dispute or just before?
Would a company like Ricoh put in review points in the deal?
Was announced with at least 3 yrs of original deal still to run ,Prior to relegation .Would you generally expect a company to release details like that as and when they happen? I would have though it being in the accounts was correct. Do other companies make a big deal of announcing it when a contract ends for any reason?
The naming rights isn't a big secret, Ricoh extended to 2025 and it was reported on at the time. I have a feeling they extended after SISU had stopped paying rent so the whole issue can't bother them that much. If they wanted to tie it to the football club being there they could have put a clause in for that put obviously they didn't as it's still the Ricoh.
ACL aren't renowned for sharing information about their finances. They never made a point of telling anyone about the exit fee from IoC. It now just appears in the accounts.
When the naming rights were renewed was it around the beginning of the rent dispute or just before?
Would a company like Ricoh put in review points in the deal?
The IoC put the information out in a statement in the US at the time they sold up to Rank who I discovered today bought the business from IoC directly.
Yes they did, the point I was making is that ACL didn't say - 'guess what we just got £7m from IoC exiting the lease'. Not that they necessarily should, but they are drip feeding it into their accounts every year.
Yeah I saw that, apparently it's a perfectly normal thing. IMO we could analyse the accounts a million times over, but both parties would be better for each others business. They are going to suffer not working together.
ACL aren't renowned for sharing information about their finances. They never made a point of telling anyone about the exit fee from IoC. It now just appears in the accounts.
When the naming rights were renewed was it around the beginning of the rent dispute or just before?
Would a company like Ricoh put in review points in the deal?
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