The club now has a 25-year lease to play at their own stadium, for
which they pay £1.25 million per year. Coventry City, who are tenants at the stadium, pay £1 million per annum.
I've heard people mention that figure before but it seems high to me. Of course when dealing with football stadiums 'rent' is very often not comparing like with like. It could be its approaching that figure but includes all match day costs, car parking, hospitality, policing etc which would probably be about right and very different to paying £1m and then everything else on top.Only real mention of us is around the rent we pay £1m for the season apparently. Not sure if I had seen that figure elsewhere but feels a lot?
So we are pretty much paying their rent for them? No wonder they’re so welcoming!
Interesting article. Sounds like nightmare owners. Hope the club comes out the other side intact.
I think that figure is north of the mark
The figure often quoted is £750,000 it could be that we pay per game and that’s league games only - the other thing of course is we have no idea what the wasps proposed offer was but it would be a lot more than the prior arrangement
You’re making a valiant effort, but there’s no way we are financially better of in Brum. It was the best of a bad situation. Even the club and owners say this.
I’m sure I read somewhere that the rent is higher, than our last Ricoh deal but the revenue deal was far better. Unfortunately crowds being down means that we are being hit financiallyYou’re making a valiant effort, but there’s no way we are financially better of in Brum. It was the best of a bad situation. Even the club and owners say this.
I’m sure I read somewhere that the rent is higher, than our last Ricoh deal but the revenue deal was far better. Unfortunately crowds being down means that we are being hit financially
Don't think anyone is disagreeing are they?!We are definitely worse off. Robins says so. Joy says so. Boddy says so. It’s not a partisan point.
The figure often quoted is £750,000 it could be that we pay per game and that’s league games only - the other thing of course is we have no idea what the wasps proposed offer was but it would be a lot more than the prior arrangement
In your thread you say "no idea what the wasps proposed offer was" and then you say"it would be a lot more"do you know? It might not fit in with your assumption and be lower. After all most people on here think Wasps are on their uppers
If we get promoted would you not expect it to go up and if so what would you estimate the deal to be and would it be worth it ? Anyone know the value of items like Fand B and parking are they significant?The deal with Anderson was £750,000 with no exit clause - the fact is the more on the uppers they are the more they want as the arrangement has to add revenue - if we are promoted the gap between the parties wants just widens
Guess it depends on what the deal includes etc.If we get promoted would you not expect it to go up and if so what would you estimate the deal to be and would it be worth it ? Anyone know the value of items like Fand B and parking are they significant?
Cracking read - makes me feel that our club is being run a lot better than BCFC is - now that has surprised me somewhat.If anyone has access to The Athletic, there is an incredible story released this morning about just how bad things are at Birmingham.
Its a Longread but believe me its worth it. It is so bad its almost worrying for CCFC to be associated with them. Only real mention of us is around the rent we pay £1m for the season apparently. Not sure if I had seen that figure elsewhere but feels a lot?
Anyway, pdf attached
Cracking read - makes me feel that our club is being run a lot better than BCFC is - now that has surprised me somewhat.
Carry on the good work CCFC.
I never said we weren’t worse off, just saying what I’d read. Id imagine if the crowds were up to the 15k mark though, we’d be making moneyWe are definitely worse off. Robins says so. Joy says so. Boddy says so. It’s not a partisan point.
It has struck me that since we were relegated SISU have managed us at least as well as and in some ways better than many other clubs outside the top tier. See Bury, Bolton, Oldham, Birmingham, Derby, Sheffield Wednesday and the mess they are all in. Unless they have a sugar daddy or some property many clubs are on their uppers. SISU are not a sugar daddy. The questions are - what took them so long; does it all hang on Robins (their 9th manager); is it scaleable to the next tier; what on earth are they getting out of it after 15 years?
The Overson thing was the latest example of an improvement. He wants to invest (tick), but does not want to get dragged into the Ricoh melodrama. But there is a deal to be done around the training facilities, the long term benefit from which definitely appeals to a genuine supporter like Overson.
Don't get me wrong. We need a sugar daddy, not SISU. But as we are where we are, and over the last three years, in a difficult situation partly of their own making, they have made a reasonable fist of it. They have not "backed" Robins, by giving him shitloads of money, but they have tried to create space between the big financial stuff and the playing side, as far as is possible.
I’m reading that as the stadium owners are getting £2.25m so we’re paying less than them in their own stadium. Could be wrong as usual.So we are pretty much paying their rent for them? No wonder they’re so welcoming!
Interesting article. Sounds like nightmare owners. Hope the club comes out the other side intact.
I’m reading that as the stadium owners are getting £2.25m so we’re paying less than them in their own stadium. Could be wrong as usual.
Blues fans have told me the same. Their club pays the ground owners £1m and we pay £750k. So they are paying more to play in their own ground than the tenants are!Ah hadn’t thought of that. In which case Brums owners make ACL look like a housing charity. £2.25m/year rent for that?
How am I making a valiant effort? I’m making a point regarding the way the figure could be calculated
Oddly of the 3 landlords we have had to play under the local council offered the most expensive deal
Yep knock it down and extend Morrisons.We would be better off buying Saint Andrews
Yep knock it down and extend Morrisons.
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