italiahorse
Well-Known Member
We can, but naming Wasps in JR2 makes it a little embarrassing.
All we have to do is ask.....
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True. Deal is still poor for the club though.
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Probably, arent compass a huge international company?Just a thought but is there anything stopping the club looking at the possibility of buying into compass?
Its not embarrassing, the decision to sell to wasps should be scrutinised. Its CCC that are going to be scrutinised not wasps, companies go to court all the time. Wouldn't make much of a difference anyway, they still have a business model they have to adhere to.We can, but naming Wasps in JR2 makes it a little embarrassing.
Probably, arent compass a huge international company?
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Sorry Stu thought I saw something saying it was the 26thThanks, I couldn't remember.
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Nothing positive about academy - obviously there is no room at BPA for one and a new ground. All that was said was they were still trying to get some sort of deal done with Coventry Sports Foundation but because they couldn't/wouldn't commit to anything long term it was proving difficult
No, IEC is the arm of the arm of acl you are thinking about, acl own 77% (?), compass own the other 23%. But the problem is IEC has a contract with compass to deliver the F&B's, it is that contract I believe where tbeh take their 70% cut rather than IEC.Possibly. Not sure to be honest. I thought it was a separate arm of a larger company set up specifically for the Ricoh as it's a joint venture with ACL, ACL having a share in the company? Could be way of in that but if right and ACL have a share is there an opportunity for the club to gain a share?
No, IEC is the arm of the arm of acl you are thinking about, acl own 77% (?), compass own the other 23%. But the problem is IEC has a contract with compass to deliver the F&B's, it is that contract I believe where tbeh take their 70% cut rather than IEC.
This is compass....they are huge
http://www.compass-group.co.uk/
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Yes. http://www.compass-group.co.uk/about-us.htmProbably, arent compass a huge international company?
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Compass Group is the global market leader in providing food and a range of support services to customers in the workplace, schools and colleges, hospitals, at leisure and in remote environments. Working in over fifty countries with over 470,000 employees, Compass Group combines local knowledge with global reach.
No, IEC is the arm of the arm of acl you are thinking about, acl own 77% (?), compass own the other 23%. But the problem is IEC has a contract with compass to deliver the F&B's, it is that contract I believe where tbeh take their 70% cut rather than IEC.
This is compass....they are huge
http://www.compass-group.co.uk/
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Just a thought but is there anything stopping the club looking at the possibility of buying into compass?
Brilliant idea Tony perhaps they can buy into Virgin why they are at it.
Well rugby fans are allowed to drink while watching the game, they must spend 4 times as much as CCFC fans.Seems like Wasps and CCFC need to re buy the 70% back from Compass.
I know someone with a connection to compass and he says they see the Ricoh as small fry.
That was of course before Wasps came to town
So what do you want them to give us?If we add value, why do they not show they "value" us?
If it was the other way around would you expect City to give their tenants everything they asked for?
Seems like Wasps and CCFC need to re buy the 70% back from Compass.
I know someone with a connection to compass and he says they see the Ricoh as small fry.
That was of course before Wasps came to town
They can't buy back the 70% from compass, this is what compass get contracted to deliver.
Compass are a huge international company, this is small fry to them with wasps here.
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Good luck with that.....so you buy the contract off compass and negotiate a different deal elsewhere?
Caught out the news had leaked out? It came directly from the CRFC website!
https://coventryrfc.me/2016/05/18/spring-evening-provides-winter-warmers/
EDIT: Sorry, forgot to say thanks Jan for the detailed update.
Good luck with that.....
https://www.thecaterer.com/articles/326945/compass-signs-125m-deal-at-coventry-city-fcs-ricoh-arena
http://www.wasps.co.uk/news/article...ear-partnership-with-compass-group-uk-ireland
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So then, it seems that pretty much everyone, regardless of opinions, accepts we're not going to get a deal out of Wasps. Can we now put to bed the idea that we're somehow 'partners' with them or that selling the Ricoh to Wasps was in any way good for the club.
Anyone, especially anyone from the Council, who warbles on about the club now needing to drop their hands and talk to their 'partners' at either the Council house or the Wasps is treating us as imbeciles. Neither of those parties is in partnership with the club - one is making money out of it, the other has completely screwed it.
The only leverage we'd have as fans would be to boycott Wasps games until and unless they figure out a way to give us a little more than the 15% that we're currently getting, but clearly that's not going to happen because too many people have already rolled over and given up.
So to my mind we need our own ground, even if that's only 15,000. We need it financially, and we need it for our own pride as a club.
To paraphrase - with 'partners' like Wasps and CCC, who needs enemies!
Why does it have to be 15k that makes sense in any way or form?
Why does it have to be 15k that makes sense in any way or form?
Simply because that may be the only realistic option on the table.
Because of all the other points he made.
They said in the SCG 15-18 k was been considered.
That's not the point he's making is it?
IIRC Acl negotiated it with compass, they bought them into deliver hospitality in the Ricoh, it was originally a 10 year deal. Compass then paid £4m to acl, which got then the 23% share in IEC the subsidiary of acl.Could somebody summarise the catering deal
Did ACL or CCC negotiate this and did they receive an upfront payment from Compass ?
How long is the contract ?
What is the profit share ?
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