Sky Blue Harry H
Well-Known Member
Can anyone confirm whether pints/pies purchased inside the ground now go towards the club, and whether the outside bars and burger kiosks are now part of our income streams?
Doug king on the Sat email “P.S. This afternoon, as we face QPR, I encourage everyone to get to the Arena early and be part of this hugely special moment. From now on, every matchday penny flows directly back into your football club - our home, our future.”Can anyone confirm whether pints/pies purchased inside the ground now go towards the club, and whether the outside bars and burger kiosks are now part of our income streams?
There was mention in the Telegraph a while ago that the lack of hotel rooms has seen the exhibition hall lots of to other venues. The onsite hotel isn't that big, and can't be booked when there are matches or concerts.
They started life at Old Bull Fields (later named The Butts) in the late 19th century and didn't move to Coundon Road until 1920.
They moved back to their spiritual home in 2004.
How you doing anyway, keeping well?
@Leamington spa sky blue Was this you?I overheard someone on Saturday calling it The Antidote so in my head that's the name of it now.
Turn it into the Sky Blue Tavern ??
Leave it alone maybe call it The Jimmy Hill
Although does also make it sound like a toilet.'The George & John' sounds like a great name for our bar.
The West Coast Maine Line is the busiest mixed-traffic system in Europe, not the busiest line overall (by passengers, this is the Elizabeth Line). But only a portion of traffic on the WCML goes through Coventry (the Rugby - Stafford portion carries a lot), so the WCML through Coventry is definitely not the busiest line in Europe.
It is busy though, so the challenges of integrating shuttles from the Arena are real. There are solutions, but they are expensive and aren't a priority.
I'm sure there's over 120 bedrooms at the CBS Doubletree, then there's the Novotel which is only up the road and I think they have probably 4/5 others at least within a 10 min drive.
Personally I wouldn't have thought that poses that much of a problem for them.
The exhibitions hosted there also aren't really ever that big.
I suppose it needs both hotels and parking- always surprised a Premier Inn hasn’t sprung up in that area- not only for the CBS but it’s also so close too the M6- there is all that land opposite the Novotel too.
Hotels in Coventry get a lot of trade from stuff going on at the NEC and in Birmingham.
I was quoted a frankly ludicrous 6 figure sum to host a chess tournament in one of the exhibition spaces. Have also been quoted ridiculous amounts for hosting academic conferences, they price themselves out of the market as otherwise we absolutely would have gone with them.I still wouldn't have thought it's that much of an issue. I suspect why the CBS gets overlooked is because it's not a great exhibition space generally.
Its exhibition area is really only big enough to cater to small to medium sized exhibitions - and even then they often spill out into the main atrium which is just impractical and it lacks the choice of eating / drinking amenities which venues like the NEC has.
I'd suggest issues such as those are much more glaring than a lack of hotel capacity.
I was quoted a frankly ludicrous 6 figure sum to host a chess tournament in one of the exhibition spaces. Have also been quoted ridiculous amounts for hosting academic conferences, they price themselves out of the market as otherwise we absolutely would have gone with them.
Bands who are playing stadiums are netting over £1m on ticket sales alone. You also have to consider there's many different types of hire. The hire fee most likely includes fully staffing the venue, providing local crew and various other services. Also likely to include working with the local licensing authority, dispersal plans, emergency plans etc.It’s £300k to hire the Stadium Bowl for gigs according to Dawkins ( who I would tend to believe on this issue)
Imagine that would rule out all but the very biggest touring bands - and then you are in serious completion from big players around us - Villa Park for one seems to be going down the gig route.
Parking also is limited !I still wouldn't have thought it's that much of an issue. I suspect why the CBS gets overlooked is because it's not a great exhibition space generally.
Its exhibition area is really only big enough to cater to small to medium sized exhibitions - and even then they often spill out into the main atrium which is just impractical and it lacks the choice of eating / drinking amenities which venues like the NEC has.
I'd suggest issues such as those are much more glaring than a lack of hotel capacity.
Given how accuarate some of his reporting on us in the past has been I would not be surprised if he's just guessed a figure.No idea where his source is on that but is widely respected in the football finance
Yeah, the promoter/band just has to provide their band specific equipment and staffBands who are playing stadiums are netting over £1m on ticket sales alone. You also have to consider there's many different types of hire. The hire fee most likely includes fully staffing the venue, providing local crew and various other services. Also likely to include working with the local licensing authority, dispersal plans, emergency plans etc.
This deal will and would have been agreed under a ‘NDA’, so nobody other than the 2 parties will know, so stop peddling bullshit.Given how accuarate some of his reporting on us in the past has been I would not be surprised if he's just guessed a figure.
How this guy has managed to become the go to 'expert' is beyond me. He couldn't get the basic details right when reporting on the whole rent situation, moves to Northampton & Birmingham etc.
According to Kieran Maguire £40 million.I think logically listening to some of the statements from Doug and the facts from the original acquisition by Fraser's group - 35-45M would make sense.
It cost Frasers 18M to buy with improvements of 13M minimum needed - so that's 31M of "costs" to Frasers. Doug bid 25M knowing that he'd need to spend a further 13M so already you can suggest he was willing to pay almost 38M back then. That bid itself probably put him in a tough spot when negotiating with Frasers as it sets the price at 38M at least - a mere 7M profit for Frasers at that price.
Let's assume like all good negotiations both parties walk away slightly aggrieved at the price - so I'd suggest 40M sounds about right to me.
According to Kieran Maguire £40 million.
If you read chiefdave’s post it’s clear he’s stating that it wouldn’t be wise to believe anything Maguire has said regarding the sale price of the CBSThis deal will and would have been agreed under a ‘NDA’, so nobody other than the 2 parties will know, so stop peddling bullshit.
He's an expert in his field, he also works for the PFA giving financial guidance to players . He regularly invited into various shows and podcasts , so it isn't him just giving his 2 cents worth . He's regularly asked for his opinions because he knows what he is talking about.I'd take anything pushed by Maguire with a sizeable pinch of salt.
He's very good at marketing himself as a football finance expert but his general insights on scenarios are more often than not based on guesswork, and as such he regularly gets things wrong.
Doesn't help his cause that he wants to put in his two cents on pretty much everything without actually having the facts to hand first.
He's a lot more knowledgeable than the comments made by some people on here.He’s hardly very knowledgeable
He's an expert in his field, he also works for the PFA giving financial guidance to players . He regularly invited into various shows and podcasts , so it isn't him just giving his 2 cents worth . He's regularly asked for his opinions because he knows what he is talking about.
He was on 5 live the other day and started quoting wage numbers sourced from capology. Instantly lost any credibility he had in my eyes.He's a lot more knowledgeable than the comments made by some people on here.
He’s hardly very knowledgeable
I mean, he is.
Does he get everything right? No.
But he's obviously knowledgeable as he's often sought out by respectable media outlets for anything football finance related.
Frasers got the preferred bidder status with the administrators by paying to keep the place open, which will have been a fair amount. Wasn't that on top of the £17/18m they paid for the place?I think logically listening to some of the statements from Doug and the facts from the original acquisition by Fraser's group - 35-45M would make sense.
It cost Frasers 18M to buy with improvements of 13M minimum needed - so that's 31M of "costs" to Frasers. Doug bid 25M knowing that he'd need to spend a further 13M so already you can suggest he was willing to pay almost 38M back then. That bid itself probably put him in a tough spot when negotiating with Frasers as it sets the price at 38M at least - a mere 7M profit for Frasers at that price.
Let's assume like all good negotiations both parties walk away slightly aggrieved at the price - so I'd suggest 40M sounds about right to me.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?