Mucca Mad Boys
Well-Known Member
CCFC are contracted to pay 1.1m rent a year, MASSIVELY above the average for L1 (150k?), some have said we our above average in terms of rent, fair enough, the 400k offered is still 160k above average for Championship clubs, some had said it's a premiership ground etc. and facilities are great etc. we don't use the facilities e.g. Casino so that argument don't wash, attendances wise, we are BELOW average in the championship (last season), so 240k is a fair price.
Now, the comparison to Swansea, who are in the premier league.
Think SISU are bad for not paying rent? Try Swansea + Ospreys, Swansea city council haven't recieved a penny rent since the Liberty Stadium has opened. Why? “The stadium was leased to SSMC under a 50-year lease dated April 22 2005. The basis of the lease is that rent will be payable at 30% of any distribution of profits from SSMC, plus a peppercorn" and no surplus has been declared thus no rent paid.
Adds another dimension to the rent debate :thinking about:
Are SISU THAT bad? If you compare to other leases, CCFC are being ripped off.
I got my facts from here: http://www.walesonline.co.uk/news/wales-news/2010/01/07/bitter-liberty-stadium-battle-over-claims-of-design-defects-91466-25543490/
Currently trying to see what MK Dons pay.
Now, the comparison to Swansea, who are in the premier league.
Think SISU are bad for not paying rent? Try Swansea + Ospreys, Swansea city council haven't recieved a penny rent since the Liberty Stadium has opened. Why? “The stadium was leased to SSMC under a 50-year lease dated April 22 2005. The basis of the lease is that rent will be payable at 30% of any distribution of profits from SSMC, plus a peppercorn" and no surplus has been declared thus no rent paid.
Adds another dimension to the rent debate :thinking about:
Are SISU THAT bad? If you compare to other leases, CCFC are being ripped off.
I got my facts from here: http://www.walesonline.co.uk/news/wales-news/2010/01/07/bitter-liberty-stadium-battle-over-claims-of-design-defects-91466-25543490/
Currently trying to see what MK Dons pay.