Sisued
New Member
Could you provide all the facts, history and background to how these deals came about so we can make an informed decision rather than one based on a half arsed leading question?
I owe everyone an apology. I clearly my A grade in English language all those years ago has failed me. I cannot phrase a question properly as no one has answered it.
So I give you 5 clubs;
Coventry
Doncaster
Swansea
Ipswich
Forest
As an example of a club who has had the opportunity to repurchase I also offer stoke city
So out if the clubs above on FPP rules which has the worst deal.
Rather than diatribe just name the club, no explanation needed. Not too hard is it?
tbf it's only from one perspective - that of the club's.
However, it does suggest SISU aren't the first to ask the question without actually getting an agreement. Why? I have no idea, many possible reasons (as there are at present).
But... it raises questions about whether a deal has ever been there to be made under 'normal' negotiation. I don't know the answer (Robinson was a shit after all - if an unimpeachable shit) but the question probably still needs asking.
Coventry, it's a trick question.I owe everyone an apology. Clearly my A grade in English language all those years ago has failed me. I cannot phrase a question properly as no one has answered it.
So I give you 5 clubs;
Coventry
Doncaster
Swansea
Ipswich
Forest
As an example of a club who has had the opportunity to repurchase I also offer stoke city
So out if the clubs above on FPP rules which has the worst deal.
Rather than diatribe just name the club, no explanation needed. Not too hard is it?
It is. Why wasn't it, or a proportionately lower rent, offered in 2005?
Coventry
Doncaster
Swansea
Ipswich
Forest
why only those clubs? are they the only clubs in the country who have been offered a better deal than SISU, that would seem to indicate that the vast majority of clubs have a worse deal than was offered to SISU.
They took on a stadium that was losing money despite all the tenants paying their agreed rent. Can't remember the exact figures but it was something like 300k the council lost each year and Rovers were paying the same in rent. The stadium naming rights were included in those figures, so even if they managed to stem the losses through concerts etc. they still had to contribute their £300k.
interesting that the protagonist starts a thread he knows will piss people off then goes away. Also not a SINGLE post on a 24 page thread on the JR being kicked out of court.
On the Doncaster ground, i don't know the rent they pay but it holds 15231, half the size of the Ricoh. it is also shared by Doncaster rugby league club. so not really fair to but on a comparison list is it. as the rugby club would be paying their far share of rent too
Ipswich.
Ipswich.
Er....no. I am looking at council owned grounds only. That's the comparison. Admittedly I may have forgot some. How about hull city?
Wrong answer - certainly not them
So there is a right answer, surely you're not that naive?
The financial situation has continually shifted with respect of what rent could and was offered.
The only constant is SISU practice distressing compounies to get what they think they can get. Ms Seppola's been doing this for years (back to her Kidder Peabody days in the early 90's). They use legal means to bleed the opponent, they don't need to win just keep the other party paying fees, its parasitic.
If the council were at fault if was not understanding what they've been dealing with (which they now seem to have resolved).
SISU don't care about CCFC, it's a pawn nothing more. In fact no external investor really has interest in the club. The development opportunities around the Ricoh are what they care about.
At the end of the day i don't live in the area anymore and pay taxes to them, so go on knock yourself out if you want CCC to give away the Ricoh, personally I find it immoral.
Out of interest , what do you think SISU would do with the club once they'd gotten what the wanted?
So a half completed venue doesn't make money, give that man an A*. Have you seen any of the event venues around the country? Seriously wondered why West Ham and Spurs were fighting it out for the Olympic park (not for the fans). That white elephant the Dome , now up and running as the highest grossing event hall globally.
The Ricoh development zone, with national road access, add a train station is prime land. If it wasn't none of these investors would be looking at it. It's not as if we're a global brand.
The venue itself is completed, and has been for several years. The land around the Ricoh has been marketed for years, but nobody (thus far) has been particularly interested. There was one planning application for a hotel just off Rowleys Green roundabout, but they couldn't find an operator to take it on so it was shelved. Of course there is some potential, but it would be very much a long term investment, but this idea that SISU get their hands on it they ride skip off into the sunset with massive profits is just woolly minded nonsense. To have any hope of that, the facility would have to be run properly (and it currently isn't - the exhibition hall sits empty pretty much every day of the year and they get one event a month on average) - and at least SISU admitted that they wouldn't be up to the job so would outsource the events management side of things.
If the arena is so badly run and lacks any profit capability, why did ACL post one with CCFC not paying the 1.3mil in rent and before CCC restructured the loan?
Er....no. I am looking at council owned grounds only. That's the comparison. Admittedly I may have forgot some. How about hull city?
If the arena is so badly run and lacks any profit capability, why did ACL post one with CCFC not paying the 1.3mil in rent and before CCC restructured the loan?
At least we know Grendal is boycotting games like us being on here, so at least he's standing loyal :claping hands:
I have a quiz question for Grendal !!!
Is Ccfc worth more now that we play in northampton or would we be worth more playing at the Ricoh ?
Are you talking about Ltd or the other companies that make up our club, Otium SB&L etc? They've got the player registrations/contracts, Ryton, Golden Share incomes (radio and Tv money), CCFC trademarks etc. The liabilities outweigh the assets but they do have assetsIt's worthless either way. It has zero assets.
It's worthless either way. It has zero assets.
Are you saying Ann Lucas was lying when she said ACL would have been in a right mess without the hastily re-arranged loan?
Did they or did they not post a profit?
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