italiahorse
Well-Known Member
So you have seen the new stadium justification and how much better it is ?
The financial figures from the last season in the championship also back it up, so unless the new deal involves a load of revenue streams we don't know about then yes it is proven to be true.
And yes that's pretty much what he is saying, the club on its own can't generate the revenue required to keep us in the championship so relegation would be very likely. Would you rather SISU bankroll keeping us in the championship and continue increasing our debt to them?
So you have seen the new stadium justification and how much better it is ?
The financial figures from the last season in the championship also back it up, so unless the new deal involves a load of revenue streams we don't know about then yes it is proven to be true.
And yes that's pretty much what he is saying, the club on its own can't generate the revenue required to keep us in the championship so relegation would be very likely. Would you rather SISU bankroll keeping us in the championship and continue increasing our debt to them?
The club has changed alot since we were last in the championship. The wage bill is a fraction of what it was as is the rent so I'm not sure how you can use this to back it up.
Personally I wouldn't. But I'd take a yo yo club while SISU are here. Especially if the windfall of championship football started paying off some debt. That's about the best we can expect while they're here.
Haven't you kind of answered your own question.
Wage bill is a lot lower = less quality = lower league position = more likely to get relegated
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The Council?
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The graph shows our revenue, which was in the lowest 4 when we were relegated. Unrelated to our outgoings in wages or rent. It won't have changed, if we go up we will still have one of the lowest revenues in the league.The club has changed alot since we were last in the championship. The wage bill is a fraction of what it was as is the rent so I'm not sure how you can use this to back it up.
Personally I wouldn't. But I'd take a yo yo club while SISU are here. Especially if the windfall of championship football started paying off some debt. That's about the best we can expect while they're here.
The club has changed alot since we were last in the championship. The wage bill is a fraction of what it was as is the rent so I'm not sure how you can use this to back it up.
Personally I wouldn't. But I'd take a yo yo club while SISU are here. Especially if the windfall of championship football started paying off some debt. That's about the best we can expect while they're here.
I wonder how Bournemouth's budget compares to the rest of the championship?
The debt will never ever go down whilst SISU are in charge. It will only ever grow. That's the model they have established. It is clear they have no desire to make the club great again, only milk it for as long as they can.
Ah ok, happy to be corrected
Does it not depend on the types of stadium and the way they are built though?
Just seems a bit pointless them going and building a 30,000 seater stadium for 12-15k every week doesn't it?
As to the original question....
I think if we did build a new Sky Blues stadium within the catchment area, be it a few miles outside the officially city boundary then I think we will see no change in support what so ever.
Consulting with fans would merely see a sheep capacity to say "we want it IN Coventry" reply across the board. Of course most fans would say that but I remember when the Ricoh was rumoured and then under construction and then built we had fans saying it was way too far out and no one would attend out there etc etc. Turns out it's a brilliant location and yes some of those fans still complain about where it is.
It depends what side of the city boundaries you are I suppose. Frankly anywhere that's no worse for example than an out of town boundary placed shopping centre will make no difference. Of course fans will go and watch their beloved Sky Blues. It's like saying if you stuck it in Exhall you would expect less attendees? that's rubbish. I don't quantify my City as having to define a boundary for the purpose of a football team needing a stadium, so long as it's obviously within a strong catchment area and a clear affinity with the city.
West Ham are going to the Olympic stadium and I don't hear too many complaints? they won't even own it and will pay £6m a year rent! If they fail to stay in the top flight they too will be buggered good and proper.
Lets just say it was built at the airport site. Would you still attend?
The debt will never ever go down whilst SISU are in charge. It will only ever grow. That's the model they have established. It is clear they have no desire to make the club great again, only milk it for as long as they can.
West Ham are paying 2-2.5 million a year in rent apparently but they get all security, police, stewarding and ground maintenance provided for them which is claimed to be worth 2 million a year.With regard to west ham there is a suggestion that all revenues and sponsorship including naming rights go to the club and that the deal is a joke. They are likely to recoup 4 years rent in the first year.
I wonder how Bournemouth's budget compares to the rest of the championship?
I take your point, having half the place empty, and with SISU's current investment and ambition I can't see us getting out of this division to help increase those gates.
However, we keep hearing about using the place 365 days a year. They reckon its going to be near Cov and it would have to be to try and keep the fanbase. But if its a small set up then why would anybody other than CCFC be interested in using it - particularly when you've got the Ricoh next to the motorway and with a railway station supposedly being built, you've got the NEC up the road. Can't see many exhibitors, concerts etc. being held at some unambitious 12-15K venue.
People here keep saying ACL didn't make much, and that's with a 30K+ venue. I wouldn't imagine a small set up would make anything like the amount needed to pay for the thing.
(edit) just to add, SISU reckon they've pumped millions in - or loaned the club millions, whatever. To make their money back you gotta THINK BIG surely? Who's going to buy 3rd tier CCFC with their 15K stadium for 60million or whatever the debt is they'll eventually run up.
They could build it with retails, bars, cafe's and restaurants around it. The complex can hold offices for rent. There are bands/groups that can attract an audience of 8-10.000 - probably more than bands that can attract an audience of 30.000. In short there are revenues they can have to help pay for the thing and to help the manager with the FFP/salary cap restrictions.
Who would buy a club+stadium for £60m? Nobody if the business is not making a combined profit at around £3m p.a. or the new owner think he can build the business to make a combined profit at around £3m.
See this is why it doesn't make sense to me, and I have yet to see someone come up with a satisfactory answer.
Why do we need to build a build football ground to host these things? Why not just build a conference centre somewhere? What is the point of spending £30m on a football stadium when the reason for building it has nothing to do with hosting football matches?
Why didn't wasps just renew the lease with Wycombe?
See this is why it doesn't make sense to me, and I have yet to see someone come up with a satisfactory answer.
Why do we need to build a build football ground to host these things? Why not just build a conference centre somewhere? What is the point of spending £30m on a football stadium when the reason for building it has nothing to do with hosting football matches?
Because only revenue generated in the football stadium complex can count towards FFP.
Is that why the shop is empty?
I want the supposed new stadium in Coventry and not a metre outside that's why we are called Coventry City, near to the city centre as poss with a shit load of boozers in the vicinity, like a proper football ground should be, what is stopping SISU to apply with CCC for planning permission on any available land.
Wasps are a Rugby team, Ccfc are a football team. To compare their financial models doesn't work.
The most successful sports team in this city doesn't own its venue.
See this is why it doesn't make sense to me, and I have yet to see someone come up with a satisfactory answer.
Why do we need to build a build football ground to host these things? Why not just build a conference centre somewhere? What is the point of spending £30m on a football stadium when the reason for building it has nothing to do with hosting football matches?
Courtaulds Foleshill Rd, websters brick yard Stoney Stanton Rd I'm sure there's more,if it's not in Coventry its gonna be a white elephant 100%.
Why not rent the Ricoh and establish a complex elsewhere to finance the club.
Sis need to get over it and start to plan.
Wouldn't work. The revenue could not be included in the FFP calculation.
Because only revenue generated in the football stadium complex can count towards FFP.
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