It's based on the fact the highest ever ticket revenue was around £5.2 million - I can't remember if that is VAT inclusive but it's an accepted fact, well Astute seems to believe otherwise.
Pay ACL £1.2m, = £4m add the 6m sponsorship/ corporate revenue =£10m. Where has all that money gone. 10% of their income was spent on rent and if you say ACL are ripping them off what about the average rent for a house in coventry (£100) average wage £500 = 20%, i hope you keep banging the drum to get the house rents reduced in coventry, in fact the ricoh rent is not that bad at £400,000 it =5%
They are the figures at the time.
Anyone will tell you 25% of revenue on rent leads to bankruptcy -- which it did twice.
The rent was never 25% of revenue get your facts right or stop unless you know it is lies in which case you will keep putting them in.
Again you are trying to justify the stance of a body that is of no interest to you or benefit -- why?
As for other income streams -- somewhat restricted in Planet Coventry
No doubt someone will pipe up "buy the rights back" -- again irrelevant if your focus is 100% in support of the club.
We've paid enough thanks.
Getting worried your ACL propaganda is being questioned? 25% of ticket revenue - check it out.
I support the football club - the rent is charged by a private company not a council quango. So what has house rent got to do with it?
I support the club so want the lowest rent -- cheapest price possible. I think your attempt at justification shows this forum where your "love" lies -- certainly not the Football Club - you'd rather they spend money to a private management company (remember nothing to do with the Council) then squad improvement,
I support the football club - the rent is charged by a private company not a council quango. So what has house rent got to do with it?
I support the club so want the lowest rent -- cheapest price possible. I think your attempt at justification shows this forum where your "love" lies -- certainly not the Football Club - you'd rather they spend money to a private management company (remember nothing to do with the Council) then squad improvement,
pfffftttttHe won't reply because he can't see past his red hair!
The council stepped in, in our hour of need we hailed them then some turn on them with a vengeance....
And people call me a Hypocrite for going to MK, well Fuck them all, I hope the council crush Sisu then we can hail them again.
Long live ACL and CCC
I support the football club - the rent is charged by a private company not a council quango. So what has house rent got to do with it?
I support the club so want the lowest rent -- cheapest price possible. I think your attempt at justification shows this forum where your "love" lies -- certainly not the Football Club - you'd rather they spend money to a private management company (remember nothing to do with the Council) then squad improvement,
I think this just shows your ignorance of the truth !!!!
Because you allow and are happy with Sisu's Arvo's fees and interest which run into millions !!!!
Yes we paid over the top rent but at least we got a service for our money what do we get from Sisu Arvo?
The blame game can go on for ever.
The club was condemned due to a number of factors;
- Richardson and his folly of selling the previous stadium
- The fool mcginnity. If he had out the club into administration when no penalties existed we wouldn't have had assett stripping and the nonense arrangement we now have
- sisu are to blame mainly for their idiocy. Ranson did a selling job and they sanctioned his clueless venture and profligacy. Then they appointed Duleiu a man totally unfit for purpose who had previously demonstrated incompetence at Southampton. They have arrived at the scene when the damage is done.
Hedge funds are organisations which thrive on helpless institutions and take advantage. The irony is sisu didn't - they just appointed ranson, had 3 managers on the payroll at one time and a squad that exceeded any incline it could ever make.
No, it was the council who excercised ruthlessness. It struck a "deal" which have the club no hope. A 22,500 break even figure was a road to destruction. An agreement to pay a mortgage to allow an infant management company to be supported. The consequence for the club had been insolvency under a "friendly" regime and bankruptcy and virtual oblivion under another.
Other councils have given far better support to their football clubs.
The interesting thing on here is the justification of such actions. What I cannot fathom is the interest in the council or ACL. Why even debate the point? The fact is we are homeless and we will not be returning as tenants.
Me, well as I have always said my only interest is the club and actually watching again. Lets be clear, I could go to Sixfiekds. It costs noire to me but the while notion is absurd so I abstain.
However, make no mistake - the point scoring and defence of this council is misguided at best and will do nothing to return this club back home.
My stance is clear. I will back the club back regardless of consequence for any institution. Sadly there are many on here who don't share that belief. They'd prefer to stand on a hill 35 miles away, tubthump and defend the council and management company over a stadium that only existed for one reason - for Coventry City Football Club.
We get a football club. Would you prefer the
previous happy clappy regimes performance?
Utter nonsense. The average ticket price was £9.50 - you were happy 25% was spent on propping up ACL -- says it all
Irelevant - the club strategically needs to own the leasehold as a minimum or it has no future
You lot do realise if you ignore Grendel's wind ups he'll eventually get bored and go away? Why do you all get so wound up with him when he only does it for the satisfaction of the responses you give him? Relax and breathe.
Thanks for your response. I mean every word by the way.
The Internet, where someone with a different opinion to you is automatically on a wind up.
The Internet, where someone with a different opinion to you is automatically on a wind up.
Some times it's a laugh, but this is no laughing matter.
Again the offer was made in an administration meeting and could not be accepted -- this is widely acknowledged.
Is it £150k if the club are in The Championship and attracting 30,000 crowds?
If yes and they get full access to all match day revenues and also a share of non matchday revenue through part share ownership of the management company it is a good deal
Some times it's a laugh, but this is no laughing matter.
SISU win review
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