I don't think the Ricoh was a bad idea on his part-his much bigger failings were tied in with his day to day running of the club which put the stadium out of our reach financially.
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In cricket terms it is in Warwickshire. A better analogy would be how many would go and watch them play in Worcestershire?
No longer and not for a long time. My point being those that say I would go if the team were in the CV1-3 area but nowhere else are being short-sighted.
I wish people just did a tiny but if research before throwing this out there
It was a bad idea. We were £60M in debt. Especially for those who love the "renting a house" analogy, it was like selling your house to pay off your credit card and then renting another one you couldn't afford...on your credit card.
I wonder how many people moan about going to Edgbaston to see "Warwickshire"?
Try moving it to the other side of Shipston-on-Stour and see how you get along.....
Yet, it could still work in the club's favour if a few people are prepared to eat humble pie and a decent team appears on the pitch.
Wolston, Shipston.......are you doing a grand tour of Warwickshire Villages?
I said you were a carrott cruncher, still they seem to feed your dry wit well!
Under the original rent agreement it could never have worked. The club started life there with a below average squad in the championship but had to attract 22,000 adults every game just to break even. It was utter madness.
Under the original rent agreement it could never have worked. The club started life there with a below average squad in the championship but had to attract 22,000 adults every game just to break even. It was utter madness.
Dont be so hard on yourslef, its never too late for you to start
And the Club asked for a rent reduction after being in the Ricoh for three months. Stupid decisions were made by people in the football club. That is why we are where we are.
Under the original rent agreement it could never have worked. The club started life there with a below average squad in the championship but had to attract 22,000 adults every game just to break even. It was utter madness.
I don't think the Ricoh was a bad idea on his part
Whilst that's true, the difference between where we needed to be and where we were - a 19K average at the time SISU tool over - was 3K shy of the break even of this admittedly crazed plan.
Even that plan could have been squared by closing the gap between crowds and necessity by selling one decent player a year. One Dann/Fox/Best/Bigi, etc.
If tht plan was crazy; what context does that give to the current one?
If tht plan was crazy; what context does that give to the current one?
Richardsons original idea was an 80,000 all-seater national stadium....:facepalm:
The bloke was a fucking moron.
No, but we have the board members of the time to thank for all of that. My overriding point is that it still could work and need not forever be a colossal weight around the club's neck.
Don't let SISU off the hook too easily. By completing due diligence they lawfully took responsibility for all agreements entered into my their predecessors.
If the Ricoh deal was so profoundly flawed, it should have been addressed before any take over. Not five years down the line when the club has been reduced to this
Don't let SISU off the hook too easily. By completing due diligence they lawfully took responsibility for all agreements entered into my their predecessors.
If the Ricoh deal was so profoundly flawed, it should have been addressed before any take over. Not five years down the line when the club has been reduced to this
I thought it was 40k with a sliding roof? Agree it was stupidity given the debt he racked up but we can still make the ground work.
Under the original rent agreement it could never have worked. The club started life there with a below average squad in the championship but had to attract 22,000 adults every game just to break even. It was utter madness.
And a sliding pitch. I wish I still had the brochure they handed out at HR.
Don't let SISU off the hook too easily. By completing due diligence they lawfully took responsibility for all agreements entered into my their predecessors.
If the Ricoh deal was so profoundly flawed, it should have been addressed before any take over. Not five years down the line when the club has been reduced to this
It was a crazy plan and never sustainable in a million years. However, Richardson selling HR and then McGinnity/Robinson, etc signing the deal was the catalyst for our current situation. Of course, SISU have made the situation a whole lot worse, but the crux of the matter is still the Ricoh, the rent and ACL.
Richardsons original idea was an 80,000 all-seater national stadium....:facepalm:
The bloke was a fucking moron.
Maybe so. However it still doesn't mean the arrangement wasn't flawed. It was and it still is.
Well, yes and no. I agree with you on the former.
But your Holy trinity of Ricoh, rent and ACL is easily trumped by relegation and 9K people off the gates since SISU arrived. Just the gate loss equates to some £5m per season; which exceeds your choices.
The crux of the matter? SISU's maladministration. From serial ineptitude from chairmen to Fisher's duplicitous demeanour and disingenuous ways. And other things beginning with a 'd' I can't think of
Well, yes and no. I agree with you on the former.
But your Holy trinity of Ricoh, rent and ACL is easily trumped by relegation and 9K people off the gates since SISU arrived. Just the gate loss equates to some £5m per season; which exceeds your choices.
The crux of the matter? SISU's maladministration. From serial ineptitude from chairmen to Fisher's duplicitous demeanour and disingenuous ways. And other things beginning with a 'd' I can't think of
Well, yes and no. I agree with you on the former.
But your Holy trinity of Ricoh, rent and ACL is easily trumped by relegation and 9K people off the gates since SISU arrived. Just the gate loss equates to some £5m per season; which exceeds your choices.
The crux of the matter? SISU's maladministration. From serial ineptitude from chairmen to Fisher's duplicitous demeanour and disingenuous ways. And other things beginning with a 'd' I can't think of
And a sliding pitch. I wish I still had the brochure they handed out at HR.
I'm not disagreeing with any of that. SISU have mismanaged immensely - I have never said they haven't, but the reason I mention "Holy Trinity" is that ACLs model is fatally flawed and only they and CCC can change the terms for the football club.
MMM's Delightfully Delicious Doughnuts?
Even filling Wembley stadium every week with the extra interest and fees on 70-100million of debt would not break us even now !!!
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