ACL has a monopoly over the rights to the catering at the Ricoh - that's it's position as leaseholder of the Ricoh from ultimately the council. This is nothing to do with past agreements with the club. ACL no longer has any say over the club's revenue streams because it no longer has a contract with the club. If ACL wants the club back it will have to make concessions on how it deals with the revenue in the ground on match days.
ACL has a monopoly over the rights to the catering at the Ricoh - that's it's position as leaseholder of the Ricoh from ultimately the council. This is nothing to do with past agreements with the club. ACL no longer has any say over the club's revenue streams because it no longer has a contract with the club. If ACL wants the club back it will have to make concessions on how it deals with the revenue in the ground on match days.
It seems this is the latest point of discussion. The fabled revenues and the fact the club must buy them back.
So what are they worth then?
On a previous point - If a company has to put in place guarantors in respect to a rental deal and other arrangements it just goes to show how shit for the club the deal was in the first place.
ACL has a monopoly over the rights to the catering at the Ricoh - that's it's position as leaseholder of the Ricoh from ultimately the council. This is nothing to do with past agreements with the club. ACL no longer has any say over the club's revenue streams because it no longer has a contract with the club. If ACL wants the club back it will have to make concessions on how it deals with the revenue in the ground on match days.
You're probably right... Anyway all the ACL lovers would go to the original food outlets. They'd hate for the poor loves to be out of pocket.
That sort of comment just shows how little you understand people or their motivations.
How about a few thousand turning up at the Ricoh on Sundays to support the ladies, I rather give ACL revenue that way than support Sisu.
Like this comment? Maybe you don't understand?
It really should be re-named ACL talk - the way people obsess about this stupid little Company is alarming.
ACL stick to your guns. Ask for what you want. And don't sign away any consessions. They cannot afford their own stadium ( I think the World and his dog realise that now ) .... They will have to play ball ..... or risk going out of business if they stay in Northampton. ..... Personally I would rather donate five pound a week to ACL ( to help ensure they stay afloat ) till Sisu goes bust
ACL should wring every last penny owed out of the rats and only then tell them to "do one" Let them rot in Northampton where they belong .
Yes,always better to clear up old debts before creating new ones.So much about business is about trust.If you take on a lease at the Ricoh we will effectively be in business with you.We can get over the trust business by giving you a 3 year rolling lease ,at £600,000 p.a. with a 1 year notice period at the end of the second year.We can't give you match day revenues because a predecessor of yours sold those rights to us and we now have a multi million contract with someone else for those and we respect contracts.Still,as you only intend to stay with us for 3 years while you build somewhere else this shouldn't provide you with a problem.We would expect the rent to be paid half yearly in advance with a penalty interest rate of 10% over libor,compounding daily if the rent isn't in our bank on the allotted day.......this can be quite expensive and we will expect you take out an insurance for the full 3 year rent term naming us as beneficiary to protect us from adverse events in your business.
I call on ACL to stand firm, and not enter into any dialogue with this bunch of dodgy car salesmen, because they will only try to find some other way to shaft you again.
You're probably right... Anyway all the ACL lovers would go to the original food outlets. They'd hate for the poor loves to be out of pocket.
It really should be re-named ACL talk - the way people obsess about this stupid little Company is alarming.[/QUOTE
Pathetic, you sisu apologists are really losing the plot.
It appears a fair few fans don't want us back? It really makes me wonder sometimes.
At it again NIck? All those selected quotes refer to the hopeful demise of sisu, which is the only way our club can be saved, from the complete disaster which sisu have created through their mismanagement. Do you really want them to prosper and drag us down further?Another one.
Another
Oh and this one.
It appears a fair few fans don't want us back? It really makes me wonder sometimes.
At it again NIck? All those selected quotes refer to the hopeful demise of sisu, which is the only way our club can be saved, from the complete disaster which sisu have created through their mismanagement. Do you really want them to prosper and drag us down further?
And before you claim a prosperous sisu will be good for Coventry CIty, think about what has been done to our club and our fans, by these parasites, or maybe you and some others on here really are that naive, and believe sisu are doing a good job.
It appears a fair few fans don't want us back? It really makes me wonder sometimes.
Like this comment? Maybe you don't understand?
At what again?
Didn't Fisher once talk about F&B incomes from his old club, Charlton by means of example as to what we should be seeking? Look like they've adopted a model very similar to ours now. Ahem.....
http://www.cafc.co.uk/news/article/20140708-delaware-north-announcement-1725613.aspx
Their deal is direct with the club... Not some stadium management company.
Oh God. Not again. We sold our rights to that stadium management company!!
Which limited company sold the rights, for how long and for how much?
who cares ?, sisu can cover the losses until the new stadium is built in 2 - 4 years
I care so answer the question or stop taking the thread off topic
Which limited company sold the rights, for how long and for how much?
What difference does any of that make? Your mate tried this last night and got nowhere. You know what Einstein is said to say about doing the same thing more than once and expecting a different result?
Of course it makes a difference "we" didn't sell the rights - a bankrupt company did
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