CET: Ricoh talks back on "It's what the fans want us all to do" (1 Viewer)

We wont get 100% of ACL. The council wont allow it. Its too much of a money spinner. It will take a HUGE amount of cash to even tempt them to sell 100% of the stadium, cash that we cant even dream of having. We need to accept this deal, pay off the debt and THEN start to negotiate a deal to buy half the Ricoh
 

"a couple of questions?

1:How much is CCFC worth to a potential investor without owning there own ground?
2:How much is CCFC worth to a potential investor if the owner of the club owned the ground? "

not a lot in both cases .......... because it wont be the club owning the ground, it wouldnt make much sense directly linking the clubs losses to the ground - which is why SISU want 100% not 50% of ACL

Thanks for reply

it's i just wondered if ACL & co reversed it round and made an offer to buy the club, that they would have a better chance to sell club and ground to real footballing iinvestors?
 

wingy

Well-Known Member
Just another thuoght Re; the Nene Park suggestion ,and Itterating such a ludicrous Idea in public .There is'nt a lot more damage they can do to themselves or ACL,and the RICOH name being tied to these negative matters .Was this one aimed in their direction?? Destroy another ACL arrangement??:thinking about:
 

oldskyblue58

CCFC Finance Director
Dont think ACL would do that ....... it requires owners to have money to fund the team that quite probably they wont get back...... ACL simply not in that position and they wouldnt want to put the stadium at risk to do it.

buying the shares in CCFC isnt the problem it is the debt you then take responsibility for that comes with them that is.
 

stringyb92

New Member
ACL are being more than fair. 67% reduction in rent, 10 years to pay off our debt, plus a large chunk of matchday revenue. Why the hell aren't SISU accepting? Just accept the deal so we can go back to normal and focus on what really matters; Football


Is it a crime to broker a even better deal?
 

oldskyblue58

CCFC Finance Director
Just another thuoght Re; the Nene Park suggestion ,and Itterating such a ludicrous Idea in public .There is'nt a lot more damage they can do to themselves or ACL,and the RICOH name being tied to these negative matters .Was this one aimed in their direction?? Destroy another ACL arrangement??:thinking about:

Average joe public outside CCFC fans and coventry folk have no interest or perception of what is going on and dont really care. They see the reports on the news etc and what is the one thing that sticks ? .......... the name Ricoh. So is the publicity actually that bad for the sponsor?

Also the sponsorship isnt just for the playing area it is very much for the commercial side of things...... Ricoh's target market is not the average football fan......... it would be the people attending business conferences and events etc.
 

stringyb92

New Member
Just another thuoght Re; the Nene Park suggestion ,and Itterating such a ludicrous Idea in public .There is'nt a lot more damage they can do to themselves or ACL,and the RICOH name being tied to these negative matters .Was this one aimed in their direction?? Destroy another ACL arrangement??:thinking about:

Surely if you want a better deal it is worth showing you have other options on the table.

The thing is the fans cannot comment because we are all emotionally attached to the club so any outcome and we want it. But the club NEED to cut costs all over and start again.
 

oldskyblue58

CCFC Finance Director
not a great option though is it ........... still locked into the original lease and move to a ground where your income goes down and costs go up :facepalm: (two lots of rent accruing, costs of opening etc ). So who is going to believe the option is viable - ACL wont - so it adds nothing to SISU's bargaining position in reality.
 

oldskyblue58

CCFC Finance Director
Im guessing no one here has been in negotiations before.

been in plenty of successful ones thanks and always found that if i was going to present options that they should be viable by much more than a cursory glance to prove them not.

I agree they should have options and levers to use BUT they only add to the arguement if they are viable and cut off the option being argued about if they are used. That way you get a compromise win win situation where both sides feel they have gained or retained something
 
J

Jack Griffin

Guest
So, you'd rather we went bust and started from the lower leagues then? :facepalm:

Yes, or would you rather Coventry was reamed by this Seppla woman.
That is the way I see it.. don't give in to her pressure.
 

Grendel

Well-Known Member
Yes, or would you rather Coventry was reamed by this Seppla woman.
That is the way I see it.. don't give in to her pressure.

Renamed as what?
 

Otis

Well-Known Member
been in plenty of successful ones thanks and always found that if i was going to present options that they should be viable by much more than a cursory glance to prove them not.

I agree they should have options and levers to use BUT they only add to the argument if they are viable and cut off the option being argued about if they are used. That way you get a compromise win win situation where both sides feel they have gained or retained something

Exactly. They are making themselves look very foolish by suggesting a 6,000 capacity stadium 45 miles away and a non-league ground closer to home that only holds just over 4,000.

Fine to look for alternatives, but as OSB says, they have to be viable and indeed not nonsensical! Having an ace up your sleeve which is going incur yourselves even more costs is just plain ridiculous!
 

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