Grendel
Well-Known Member
So a football club has no expenses other than rent - wow.
Thanks Grendal. So, £10 x 10,900 x 23 = £2.5 million. Minus the £1.5 million rent is £1 million profit
That correct ?
Apaprently they will play for free at the Ricoh, so the answer appears to be yes.
So a football club has no expenses other than rent - wow.
But shouldnt SISU have tried to but out the rights to other revenues? they were sold by the club and have a value. It seems they wanted these for £0. Why would the owners of the rights give these away?The reason I ask Andreas is because I don't believe CCFC were viable now this isn't down solely to the rent, player wages, attedances figures and lack of matchday revenue, but from taking a quick scribble of last season based on the variables I mentioned CCFC would have been -£137,920 overall, before paying company salaries and so forth, hence the point I am really trying to make here everyone wants CCFC to return to the Ricoh (this much is obvious) the last rental deal on offer would have made CCFC finacially viable, but only slightly. To be competitive CCFC need to increase there revenue this much is obvious, but how can CCFC do that at the Ricoh if rent deals are only what ACL/CCC are to offer?
but shouldnt sisu have tried to but out the rights to other revenues? They were sold by the club and have a value. It seems they wanted these for £0. Why would the owners of the rights give these away?
So £10 x 10,000 x 25 equals £2.5M
minus rent at £400K minus players wages at £2M equals a profit of £100K ?
oops ...... forgot the £1M+ management fee which takes us into a loss.
Sisu ..... even you know the Ricoh is cheaper to rent.
IUnless we're a bit of a dick who cannot let a thread pass without some attempt to prove that we're oh so fucking clever.
I was answering where somebodys figures that stated that we would have £800,000 profit.
So we have training ground costs, travel costs, non player wage costs - oh ok
or income from sponsorship, cup games etc, oh ok
wheres your numbers grendal ?
Also, what about money in for things like Leon Clarke? no outgoings on other players with loans and frees. The wages will be less after the bomb squad scenario and you can bet your bottom dollar that the recent loans are not on anything like Leon was on.
But shouldnt SISU have tried to but out the rights to other revenues? they were sold by the club and have a value. It seems they wanted these for £0. Why would the owners of the rights give these away?
So we have training ground costs, travel costs, non player wage costs - oh ok
Given you had just said we'd make a profit of ticket sakes exceeded rent id seriously quit while your behind.
So £10 x 10,000 x 25 equals £2.5M
minus rent at £400K minus players wages at £2M equals a profit of £100K ?
oops ...... forgot the £1M+ management fee which takes us into a loss.
Sisu ..... even you know the Ricoh is cheaper to rent.
You don't seem to grasp the concept that they are the same costs wherever they play.
or income from sponsorship, cup games etc, oh ok
wheres your numbers grendal ?
so your now saying ticket sales - rent we were losing money ?
Never actually answer the question do you, wheres your numbers ?
What are you on about? Why just argue for the sake of it.
Financial viability has to be measured in lime with competitiveness. So evaluate the revenue we had in the first couple of seasons and then calculate the rent and see the rent as a percentage of the revenue. Then look at other clubs and compare the rent as a percentage. Then you evaluate competitiveness.
Our rent against revenue was cripplingly high.
Financial viability has to be measured in lime.
any chance you can put your numbers up then ?
You don't seem to grasp the meaning of the word profit.
So £10 x 10,000 x 25 equals £2.5M
minus rent at £400K minus players wages at £2M equals a profit of £100K ?
oops ...... forgot the £1M+ management fee which takes us into a loss.
Sisu ..... even you know the Ricoh is cheaper to rent.
I thought we were comparing venues?
Profit ? The bigger income less the same costs puts the Ricoh way out in front.
I agree that Sisu should have done this from the beginning, beggers belief as to why they didn't.
simply maths (which RFC has disagreed with, but not said why)
Ricoh - 23 games x 10,000 fans x £15 per ticket = £3.45 million. Take off the £1.3 million rent and that = £2.15 million
Sixfields - 23 games x 3000 fans x £15 per ticket = £1.04 million. Lets say its rent free at Sixfields = £1.04 million.
Even at the crazy rental costs, the club would have made far in excess of £1 million extra by staying at the Ricoh, this season alone !
I agree they should have bought ACL when they acquired our club, would have been cheaper then too. :facepalm: None of this joint venture stuff with Compass, or DeVere etc. Much easier.
So I'm imagining things? You don't say profit?
So why is it impossible to buy these rights and negotiate the rent now instead? Is there anyone with a sensible answer to that?I agree they should have bought ACL when they acquired our club, would have been cheaper then too. :facepalm: None of this joint venture stuff with Compass, or DeVere etc. Much easier.
So why is it impossible to buy these rights and negotiate the rent now instead? Is there anyone with a sensible answer to that?
I agree they should have bought ACL when they acquired our club, would have been cheaper then too. :facepalm: None of this joint venture stuff with Compass, or DeVere etc. Much easier.
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