We'll be mentioned in a milk advert.
I agree with you we will exist in some form, no ground, only ground share. As to which league, no higher than L1, more likely non-league. Unless Sisu leave us, then more chance of L1. I feel our days of top two league's is now just a dream. We need a new type of Jimmy Hill with around 50 million to splash. Not very likely as the best stadium in Coventry is a crappy rubgy. So we also need another load of dosh to build a decent footy stadium. Not a good future. City will only be remembered as that bunch of underdogs who beat Spurs in 87. Thankfully I got to go and it was and is our greatest achievement.I'm sure this has been done to death, but I'm curious. Those of you who've seen it all and those who are newer to the club. Where do you see us in 10 years time?
Will we have a club? A stadium of our own? Premier League or Vanarama?
Personally I think we'll be ok, but I doubt I'll see us back in the Prem in my lifetime, which is depressing given I'm in my mid 30's.
Think "Accrington Stanley".there's a joke in there somewhere about "milking it", but i'll leave it
The promotion to Championship season 2015/16 financials of Burton make interesting reading. Promotion achieved on a turnover of £4.2m and wages of 3.6m. That's not out of reach of CCFC even now. However Burton have land assets, a positive Balance sheet (£5m) and are not burden with debt or large interest charges. Having got to the Championship then the important thing is to stay there and they did but the financials not available yet.
ALBION FOOTBALL CLUB(BURTON-ON-TRENT)LIMITED(THE) - Filing history (free information from Companies House)
Fleetwood have also achieved on low budget but slightly differently. In year to 30/06/2016 they had a turnover of £4.3m and spent all that on wages 4.3m. They own land but have a negative balance sheet (-£6.9m). However they owe that and more to the owner (10.8m) who additionally wrote off over £6m in that financial year. They run at an annual loss of around £2.5m. That said they have spent quite a bit on the base for training and academy a clear long term plan.
FLEETWOOD WANDERERS LIMITED - Filing history (free information from Companies House)
Another club to look at would be Forest Green. Achieved success on a shoestring and significant owner contribution. Will be interesting to see if they survive in L2. Not sure they will
Otium/CCFC 2016 accounts Turnover £5.4m wages £4.5m Balance Sheet £14m negative Total fixed assets £600k Interest charges 2.4m Loans £8.2m. Failure
So it is possible to achieve success on fairly modest means. I expect that CCFC will remain a EFL team but will bounce between L2 and L1 under the present owners, indeed under any owner that does not have significant funds. Are significant funds likely? other than history, fans potential and the name then I do not see what makes CCFC attractive to any investor when other clubs have better infra structure. Not sure I see SISU cutting and running if the JR2 goes against them - the actions increasingly look like ways to buy time whilst finances away from CCFC are sorted out - so any investor will have to pay a ransom to acquire. The true investment value has been lost so bumping along in L2 makes not a bit of difference to SISU. In deed any level of success is a positive for SISU and could allow funds extraction (not saying they have or will I don't know)
New owners could galvanise the fans and see promotion to L1 even Championship (Burton even Yeovil proved it can be done but can it be maintained) but with much of the infra structure gone then they will need deep pockets. Then you factor in the ripple effect of the current transfers market and wages, the trawling of the best young players by Premier League Clubs etc and the pockets to great success will need to be even deeper. Thats before factoring in the rebuilding of key relationships. In 10 years time I hope we have new owners but the damage done in the last ten years I think confines us to L2 and L1 in that order - but a lot could change. A Premiership promotion I think is a complete fantasy
The promotion to Championship season 2015/16 financials of Burton make interesting reading. Promotion achieved on a turnover of £4.2m and wages of 3.6m. That's not out of reach of CCFC even now. However Burton have land assets, a positive Balance sheet (£5m) and are not burden with debt or large interest charges. Having got to the Championship then the important thing is to stay there and they did but the financials not available yet.
ALBION FOOTBALL CLUB(BURTON-ON-TRENT)LIMITED(THE) - Filing history (free information from Companies House)
Fleetwood have also achieved on low budget but slightly differently. In year to 30/06/2016 they had a turnover of £4.3m and spent all that on wages 4.3m. They own land but have a negative balance sheet (-£6.9m). However they owe that and more to the owner (10.8m) who additionally wrote off over £6m in that financial year. They run at an annual loss of around £2.5m. That said they have spent quite a bit on the base for training and academy a clear long term plan.
FLEETWOOD WANDERERS LIMITED - Filing history (free information from Companies House)
Another club to look at would be Forest Green. Achieved success on a shoestring and significant owner contribution. Will be interesting to see if they survive in L2. Not sure they will
Otium/CCFC 2016 accounts Turnover £5.4m wages £4.5m Balance Sheet £14m negative Total fixed assets £600k Interest charges 2.4m Loans £8.2m. Failure
So it is possible to achieve success on fairly modest means. I expect that CCFC will remain a EFL team but will bounce between L2 and L1 under the present owners, indeed under any owner that does not have significant funds. Are significant funds likely? other than history, fans potential and the name then I do not see what makes CCFC attractive to any investor when other clubs have better infra structure. Not sure I see SISU cutting and running if the JR2 goes against them - the actions increasingly look like ways to buy time whilst finances away from CCFC are sorted out - so any investor will have to pay a ransom to acquire. The true investment value has been lost so bumping along in L2 makes not a bit of difference to SISU. In deed any level of success is a positive for SISU and could allow funds extraction (not saying they have or will I don't know)
New owners could galvanise the fans and see promotion to L1 even Championship (Burton even Yeovil proved it can be done but can it be maintained) but with much of the infra structure gone then they will need deep pockets. Then you factor in the ripple effect of the current transfers market and wages, the trawling of the best young players by Premier League Clubs etc and the pockets to great success will need to be even deeper. Thats before factoring in the rebuilding of key relationships. In 10 years time I hope we have new owners but the damage done in the last ten years I think confines us to L2 and L1 in that order - but a lot could change. A Premiership promotion I think is a complete fantasy
Difference between those clubs and us is that we play in a 32k stadium. How would our figures compare with a 15k average gate?
Looking at Pompey, a good comparator in club size/ambitions, you would back them to get out of L1 based on gates alone.
(I'm ignoring the obvious wedge between sisu and supporters in this. A new owner, even with minimal financial backing, would help with attendances you would think?)
I can see the point you are making but the Turnover already compared favourably with Burton & Fleetwood in 2015/16 on average CCFC gates of 12570 that season. An extra 2500 on the attendance to 15000 average would raise say 700k excl VAT. Ticket prices have gone up since then so that may mean on attendances of 15000 an extra 600k overall in income excluding VAT. Things like hospitality F&B etc Kit sales, Car parking, Programme sales we only get a split of after costs deducted. We have under 1 year left on the ground deal you would think the replacement if we are at the Ricoh would be at commercial rates adding to current costs. A new owner might have better relationships with landlords and fans but will still need substantial funding behind them to get to the top of L! let alone get to and stay in the Championship
The Pompey Trust & Supporters realised they were hitting a glass ceiling as far as further progression was concerned..... yes in 2016 they had an 8m turnover on 16300 attendances they paid out 5.3m in wages in L2 to get promotion and it worked..... they had a ground and training facilities to call their own ............. but they are now owned by someone with substantial financial backing and willing to fund it. Pompey could do it but not on attendances alone. Look at Sheffield united that 2015/16 season Turnover above £10m and average crowds 19800 it didn't get them up
How is such a massive club with apparent 43k fan potential only delivering a derisory turnover of £5.4m?Depressing.
Stop being one dimensional!Will it be the age of Aquarius???
Stupid post....10 year projection lol
I can see the point you are making but the Turnover already compared favourably with Burton & Fleetwood in 2015/16 on average CCFC gates of 12570 that season. An extra 2500 on the attendance to 15000 average would raise say 700k excl VAT. Ticket prices have gone up since then so that may mean on attendances of 15000 an extra 600k overall in income excluding VAT. Things like hospitality F&B etc Kit sales, Car parking, Programme sales we only get a split of after costs deducted. We have under 1 year left on the ground deal you would think the replacement if we are at the Ricoh would be at commercial rates adding to current costs. A new owner might have better relationships with landlords and fans but will still need substantial funding behind them to get to the top of L! let alone get to and stay in the Championship
The Pompey Trust & Supporters realised they were hitting a glass ceiling as far as further progression was concerned..... yes in 2016 they had an 8m turnover on 16300 attendances they paid out 5.3m in wages in L2 to get promotion and it worked..... they had a ground and training facilities to call their own ............. but they are now owned by someone with substantial financial backing and willing to fund it. Pompey could do it but not on attendances alone. Look at Sheffield united that 2015/16 season Turnover above £10m and average crowds 19800 it didn't get them up
Higher attendances must have other financial draws though such as increased commercial/sponsorship attraction.
We are just as likely to succeed in getting back to the championship in a 8k seater stadium then?
Just think we somehow need to break this cycle of dwindling gates to get back. With sisu or not.
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