So ACL Give in to SISU'S pressure rent at £450,000 and a share in the takings at football matches.
So how much Profit do they actually make on a match day.
It Can't be more then £10,000 so a 50 percent share would give them a massive 5 grand to spend.
How is that going to cut the 60 million debt we incurred in the last season ?:thinking about:
But any would be buyer of the half share would tap into 50% of the whole Ricoh profit (or loss) not just matchdays and this is i believe the stumbling block. SISU fucked up and have missed the half share boat and are only being offered proceeds from matchday revenue and now have their arses in their hands. In fact if i was ACL i would drop the rent to a reasonable percentage per 1000 on the gate and give them (sisu) all the f&b revenue profit. That might encourage sisu to put more effort into getting things right ON the pitch.You're not really encouraging anybody to want to buy the club and half of ACL with figures like that are you?
So ACL Give in to SISU'S pressure rent at £450,000 and a share in the takings at football matches.
So how much Profit do they actually make on a match day.
It Can't be more then £10,000 so a 50 percent share would give them a massive 5 grand to spend.
How is that going to cut the 60 million debt we incurred in the last season ?:thinking about:
So ACL Give in to SISU'S pressure rent at £450,000 and a share in the takings at football matches.
So how much Profit do they actually make on a match day.
It Can't be more then £10,000 so a 50 percent share would give them a massive 5 grand to spend.
How is that going to cut the 60 million debt we incurred in the last season ?:thinking about:
When you take out SISU's two admin fees totalling about £25 million, You'd probably find we are just about breaking even now. With the forthcoming cuts to high wage earners and a better rent and F &B deal the club could move forward now quite successfully without the same unscrupulous wankers loading debt against it !
When you take out SISU's two admin fees totalling about £25 million, You'd probably find we are just about breaking even now. With the forthcoming cuts to high wage earners and a better rent and F &B deal the club could move forward now quite successfully without the same unscrupulous wankers loading debt against it !
I think it was an attempt at irony or is it infamy - infamy infamy they've all got it in for me!!!!!!
IMHO I think hell will freeze over before SISU/ACL/Council work out another deal.
The situation is untenable.
We will never return to the Ricoh under SISU ownership
Are you channelling Frankie by any chance?
Kenny, surely? :thinking about:
Up Pompei?
Thank you, that's one I don't own, yet!Carry On!
[video=youtube;kvs4bOMv5Xw]http://www.youtube.com/watch?v=kvs4bOMv5Xw[/video]
We will never return to the Ricoh under SISU ownership
New Ricol Deal >>> Well lets consider this, and please feel free to correct me if I'm wide of the mark.
According to our present owners, the only thing in LTD is the lease, with LTD being in administration, does this mean that ACL have no hope in recovering the 1.3 million of defaulted Rent owed by sisu, because LTD has no Assets.
Bearing this in mind, is it Likely that ACL will enter into an agreement with sisu to draw up another lease, when some subsidiary or other of sisu, still owes a fortune, and could/ Would, sisu have the Brass neck to pull the same stunt again?
Al this is Hypothetical if the G/S is not in holdings, as the Sky Blues will be playing nowhere if it cant be located, but I'm half expecting it to pop up, like one of those rubber Dolls in the back of Del Boys Van and Shout "April Fool"
So ACL Give in to SISU'S pressure rent at £450,000 and a share in the takings at football matches.
So how much Profit do they actually make on a match day.
It Can't be more then £10,000 so a 50 percent share would give them a massive 5 grand to spend.
How is that going to cut the 60 million debt we incurred in the last season ?:thinking about:
It's nothing to do with profit. It's revenue that counts.
No new owner will be paying that kind of rent anyway. ACL have fleeced the club for years.
I am genuinely staggered why anyone gives a stuff about them. Most clubs supporters' wouldn't. I hope it's just an anti owner thing and normality will come in when there are new owners - if not then some people really have to question what they really want.
Grenel read the post before replying the profit is the revenue generated at match days which is what the stumbling block is.
All I am saying is that cannot amount to more then £10,000 per game.
You have 10,000 fans in the Arena only 10 % spend any money and the Rent is what the Rent is, as they have said they not happy so want to move away that is there prerogative but that puts the club under even more financial pressure, because they will borrow the money on the back of the club then the debt rises even further cant afford £400,000 rent but can build a new stadium at a cost of what 20 30 40 million? and the revenue stays the same but all running costs building repairs etc are paid by them.
As for new owners they have been here for 5 years
If a stadium was ever built they wouldn't pay for it. Revenue on food and drink averaged about £850,000 a year I believe from memory. 60% of that is worth a lot of wages in this league.
Carry On!
[video=youtube;kvs4bOMv5Xw]http://www.youtube.com/watch?v=kvs4bOMv5Xw[/video]
If a stadium was ever built they wouldn't pay for it. Revenue on food and drink averaged about £850,000 a year I believe from memory. 60% of that is worth a lot of wages in this league.
If a stadium was ever built they wouldn't pay for it. Revenue on food and drink averaged about £850,000 a year I believe from memory. 60% of that is worth a lot of wages in this league.
If a stadium was ever built they wouldn't pay for it..
New deal IS being worked on. Council facing massive pay out if Sisu win court case, so secret talks going on to resolve all issues.
Previous seasons.. taken from accounts, here
http://www.skybluestalk.co.uk/threads/23232-Published-Income-details?p=307117&viewfull=1#post307117
year............ Catering.......... Commercial........... Gate
2001 ............901,634 ............16,298,224 .......6,740,614
2002............ 537,156............. 11,930,492 ......3,978,066
2003 ..............78,926 .............11,032,834 ......3,388,323
2004 .............84,596.............. 4,411,966........ 3,391,876
2005 ............911,625 ..............3,782,202 .......3,992,244
2006 ...............6,630............... 4,528,260........ 5,391,012
2007 .....................0 ...............4,355,308........ 5,311,248
2008 .....................0............... 5,351,422 ........5,738,333
2009..................... 0 ...............5,908,511........ 4,945,740
2010..................... 0................ 6,593,786....... 4,360,518
2011 .....................0................ 8,133,123....... 3,925,900
Given the crowd are half as big then so will turnover, maybe £500,000, probaby less. ACL offered CCFC a deal where the amounts could be cross invoiced for SCMP purposes, so there shouldn't be an issue over this, they can include the F&B turnover if they accept the deal that was offered.
The issue is not as you suggest, it is about willingness to negotiate in good faith.
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