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To Stay or Go (2 Viewers)

  • Thread starter kg82
  • Start date May 16, 2015
Forums New posts

Would you like to see the club leave the Ricoh as long as there was a viable option?

  • Yes

    Votes: 80 60.2%
  • No

    Votes: 53 39.8%

  • Total voters
    133
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stupot07

Well-Known Member
  • May 17, 2015
  • #211
wingy said:
Did the RICOH ever receive Community Asset Status?
What is this meh I see on here occasionally
Too long in the tooth to get it
Click to expand...

No it didn't.

Meh is....

exclamation
1.
expressing a lack of interest or enthusiasm.
"meh, I'm not impressed so far"


Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
 
W

wingy

Well-Known Member
  • May 17, 2015
  • #212
stupot07 said:
No it didn't.

Meh is....

exclamation
1.
expressing a lack of interest or enthusiasm.
"meh, I'm not impressed so far"


Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
Click to expand...

Cheers Stu
 

Nick

Administrator
  • May 17, 2015
  • #213
When should we expect the headline "City fans want to leave the Ricoh" from the results?
 

Grendel

Well-Known Member
  • May 17, 2015
  • #214
Nick said:
When should we expect the headline "City fans want to leave the Ricoh" from the results?
Click to expand...

Good point.

"Nearly 70% of supporters want to leave the wasps arena" would be a good title.

I'm sure Simon and Alan are on the case now.
 

skybluetony176

Well-Known Member
  • May 17, 2015
  • #215
stupot07 said:
Why is now the best time to it? Any new deal will replace the current one, and with wasps new debt commitments it is very likely rent will be significantly higher than the £100k (plus matchday costs) we currently pay and I'd guess we'd get less access to revenues.


Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
Click to expand...

Because in just over 1 year they have the option to boot us out. The closer we get to that point and then the end of extended two year period should we get it the weaker our bargaining position becomes.

What it ends up as largely depends on SISU's ability to negotiate.
 

SkyBlue_Bear83

Well-Known Member
  • May 17, 2015
  • #216
Otis said:
We have a deal here. Let's keep all options open, but concentrate on the here and now and the product on the pitch. We get promoted and CCFC will look a much more attractive proposition, should anyone be looking to take us over.
Click to expand...

We will be attractive based on what? We will still be in a worse position and less attractive than when we were last taken over, and we weren't an attractive prospect then either as evidenced because we ended up with shit heads like SISU in charge.
 

Rusty Trombone

Well-Known Member
  • May 17, 2015
  • #217
stupot07 said:
Why is now the best time to it? Any new deal will replace the current one, and with wasps new debt commitments it is very likely rent will be significantly higher than the £100k (plus matchday costs) we currently pay and I'd guess we'd get less access to revenues.


Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
Click to expand...

I don't doubt that any new deal would have a higher rent, but I wouldn't say they have more debt commitments, the bond was mainly consolidating other debts, it's unlikely the commitments under the bond are more expensive than the loans they were paying off.
 

Grendel

Well-Known Member
  • May 17, 2015
  • #218
skybluetony176 said:
Because in just over 1 year they have the option to boot us out. The closer we get to that point and then the end of extended two year period should we get it the weaker our bargaining position becomes.

What it ends up as largely depends on SISU's ability to negotiate.
Click to expand...

How do you know there aren't discussions taking place?
 
W

wingy

Well-Known Member
  • May 17, 2015
  • #219
Rusty Trombone said:
I don't doubt that any new deal would have a higher rent, but I wouldn't say they have more debt commitments, the bond was mainly consolidating other debts, it's unlikely the commitments under the bond are more expensive than the loans they were paying off.
Click to expand...

Very similar levels but over a much tighter timescale
 
D

Deleted member 5849

Guest
  • May 17, 2015
  • #220
wingy said:
Very similar levels but over a much tighter timescale
Click to expand...

Also in a general sense, debts to owners are often looser in the consequences for not paying than when the debt goes outside.

Hell, even our owners don't demand the cash back when it's due(!)
 

skybluetony176

Well-Known Member
  • May 17, 2015
  • #221
Grendel said:
How do you know there aren't discussions taking place?
Click to expand...

I don't and I never suggested they weren't.
 

Rusty Trombone

Well-Known Member
  • May 17, 2015
  • #222
wingy said:
Very similar levels but over a much tighter timescale
Click to expand...


Possibly, but seeing as how popular their bond turned out I'd say the likelihood of putting another bond out in 7 years time will be pretty high, I would think most people investing now would do so again, they just have to meet the interest payments, which of course part of the bond funds. So, a good chance of a longer timescale.

Anyway, the point being, I think most agree that it's unlikely rent of £100k will be renewed.
 
W

wingy

Well-Known Member
  • May 17, 2015
  • #223
Rusty Trombone said:
Possibly, but seeing as how popular their bond turned out I'd say the likelihood of putting another bond out in 7 years time will be pretty high, I would think most people investing now would do so again, they just have to meet the interest payments, which of course part of the bond funds. So, a good chance of a longer timescale.

Anyway, the point being, I think most agree that it's unlikely rent of £100k will be renewed.
Click to expand...

Be cheaper to strike it now than at the
eleventh hour IMO

Edit ;- A good naming rights deal could possibly fund a large chunk of that

However If it's the same Company sponsoring both the team and Stadia they may prefer to channel the majority to the team
 
Last edited: May 17, 2015
D

Deleted member 5849

Guest
  • May 17, 2015
  • #224
wingy said:
Be cheaper to strike it now than at the eleventh hour IMO
Click to expand...

Probably.

There's also at least *some* lip service to doing right by the club (however much it's believed or not!) from the former owners of ACL, so can play on that atm, too.

Might not be that chance later.
 
W

wingy

Well-Known Member
  • May 17, 2015
  • #225
Deleted member 5849 said:
Probably.

There's also at least *some* lip service to doing right by the club (however much it's believed or not!) from the former owners of ACL, so can play on that atm, too.

Might not be that chance later.
Click to expand...

Yeah agree
 

BackRoomRummermill

Well-Known Member
  • May 17, 2015
  • #226
Best question posted on here in a long time.

I say say stay at Ricoh , it's commutable from town and the motorway and is a beautiful stadia.
 
D

Deleted member 5849

Guest
  • May 17, 2015
  • #227
wingy said:
Yeah agree
Click to expand...

Yup, my own personal view is they negotiate a five year deal, say.

They can then turn round and say, 'see, we're committed to Coventry, we're looking at land just outside, but see how we're committed to Coventry. You (in the form of the council) say you're committed to Coventry City. So now we've shown we're committed to the city, can you help us move forward by working with us to find land in the city for our own ground? We've shown our commitment, so now you show yours.'

Would if nothing else turn the question round to other parties.
 
W

wingy

Well-Known Member
  • May 17, 2015
  • #228
Deleted member 5849 said:
Yup, my own personal view is they negotiate a five year deal, say.

They can then turn round and say, 'see, we're committed to Coventry, we're looking at land just outside, but see how we're committed to Coventry. You (in the form of the council) say you're committed to Coventry City. So now we've shown we're committed to the city, can you help us move forward by working with us to find land in the city for our own ground? We've shown our commitment, so now you show yours.'

Would if nothing else turn the question round to other parties.
Click to expand...

Sounds just about plausible to me except for the timescale
Firstly because ten yrs as a minimum to allow some healing and the landscape to change
Secondly to pull the plan, permissions funding etc together
Thirdl,, a ten yr deal/ commitment should bring a reduced rental rate hopefully
 
D

Deleted member 5849

Guest
  • May 17, 2015
  • #229
wingy said:
Sounds just about plausible to me except for the timescale
Firstly because ten yrs as a minimum to allow some healing and the landscape to change
Secondly to pull the plan, permissions funding etc together
Thirdl,, a ten yr deal/ commitment should bring a reduced rental rate hopefully
Click to expand...

Five years probably the best balance between showing commitment, getting commitment for a ground to actually happen... not giving enough security to the landlords to guarantee their survival, so giving the opportunity to switch to Plan B if the chance presents itself.

And if a ground were actually coming along come year four of a deal, then surely, *surely* public opinion would ensure a deal could be extended rather than rendering us homeless?
 

stupot07

Well-Known Member
  • May 17, 2015
  • #230
Deleted member 5849 said:
Five years probably the best balance between showing commitment, getting commitment for a ground to actually happen... not giving enough security to the landlords to guarantee their survival, so giving the opportunity to switch to Plan B if the chance presents itself.

And if a ground were actually coming along come year four of a deal, then surely, *surely* public opinion would ensure a deal could be extended rather than rendering us homeless?
Click to expand...

Agreed.


Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
 
W

wingy

Well-Known Member
  • May 17, 2015
  • #231
Aren't there stipulations from the FL with regard to length of lease / License to play at a venue
We didn't do very well with our last game of poker
Where would we play the next time should we fail to agree terms? :-(
 

skybluetony176

Well-Known Member
  • May 17, 2015
  • #232
wingy said:
Aren't there stipulations from the FL with regard to length of lease / License to play at a venue
We didn't do very well with our last game of poker
Where would we play the next time should we fail to agree terms? :-(
Click to expand...

I think the shortest official length of lease is 10years but the FL have already accepted the Ricoh as our temporary home and have allowed us to take a shorter deal so it's now a non point.
 
D

Deleted member 5849

Guest
  • May 17, 2015
  • #233
wingy said:
Aren't there stipulations from the FL with regard to length of lease / License to play at a venue
We didn't do very well with our last game of poker
Where would we play the next time should we fail to agree terms? :-(
Click to expand...

They were prepared to relax them for us going, they were prepared to relax them for us returning. If the plan is to move somewhere else then they'd be happy.

If a ground were still nothing than a few press statements in five years time, then the least of our worries would be where to play, as chances are we'd be talking about a new CCFC rising from the ashes and struggling to avoid relegation from the Evo-Stick league Midland division!

(And then w'd be looking to play at the Butts surely, rather than handicapping us with a massive stadium early doors?)
 

stupot07

Well-Known Member
  • May 17, 2015
  • #234
wingy said:
Aren't there stipulations from the FL with regard to length of lease / License to play at a venue
We didn't do very well with our last game of poker
Where would we play the next time should we fail to agree terms? :-(
Click to expand...

The deal should be a min of 10 years but. The FL have shown they will be flexible if needed.

Your second question is the danger regardless of whether we're negotiating a short term or long term deal. Wasps aren't here to do us any favours, it will be all about making the maximum amount of money from us as they can.


Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
 
W

wingy

Well-Known Member
  • May 17, 2015
  • #235
stupot07 said:
The deal should be a min of 10 years but. The FL have shown they will be flexible if needed.

Your second question is the danger regardless of whether we're negotiating a short term or long term deal. Wasps aren't here to do us any favours, it will be all about making the maximum amount of money from us as they can.


Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
Click to expand...

Yeah Its Commecial business and would likely again get dirty
 

Rusty Trombone

Well-Known Member
  • May 17, 2015
  • #236
The league rules state
13.9 Subject to any dispensations granted by the Board, a Club shall either own its ground or have a legally enforceable agreement with its ground's owner for its use by the Club, expiring not earlier than the end of the current Season.


It's been reported a few times that 10 years is the minimum, so not sure how rule 13.9 comes about.
 

Sick Boy

Super Moderator
  • May 17, 2015
  • #237
torchomatic said:
The question should be: Would you be prepared to move if the deal meant CCC and Wasps would do very nicely indeed. The majority on here wouldn't be able to press the YES option quick enough. Sad reading through this thread.
Click to expand...

Depressing, isn't it? We also have the Sky Blue Trust cosying up Wasps and CCC as well, still waiting to get their egos stroked and their share of the limelight.

The days of the football club being the priority are long gone. They now seem more interested that the Council and Wasps do well. They also ignore Wasps raising money against the Ricoh. Wasn't this their reason as to why ccfc should not own the Ricoh?
 

Otis

Well-Known Member
  • May 17, 2015
  • #238
CCFC said:
We will be attractive based on what? We will still be in a worse position and less attractive than when we were last taken over, and we weren't an attractive prospect then either as evidenced because we ended up with shit heads like SISU in charge.
Click to expand...

What, you think we will be just less as attractive as a promoted, winning team as we would be a struggling League One team?

:thinking about:
 
L

Limey

Well-Known Member
  • May 17, 2015
  • #239
Yep. I'd take a properly designed 18k ground for football
 

SkyBlue_Bear83

Well-Known Member
  • May 17, 2015
  • #240
Otis said:
What, you think we will be just less as attractive as a promoted, winning team as we would be a struggling League One team?

:thinking about:
Click to expand...

I don't think that, I think we still be an unattractive prospect. Just maybe slightly less unattractive than 12 months ago.

And tbh I don't think it will make a massive amount of difference anyway, a promotion or relegation can happen any year.

They will be more interested in the infrastructure and sustainability of the business, a league one team who off the pitch is set up to compete in the championship is a more attractive prospect than a championship team who off the pitch has the set up of a league 1 club.
 
T

The Gentleman

Well-Known Member
  • May 17, 2015
  • #241
In answer to the OP, no. Reason being that we have no clue what a viable option is because Sisu have no clue what they are doing so how can they show us a viable option.
 

Sky Blue Harry H

Well-Known Member
  • May 17, 2015
  • #242
If we can't have the Ricoh, and there was a nice shiny alternative in the right location - fine (then we can reap the pie income benefits etc). Who wouldn't want that? But....there isn't at the moment or in the foreseeable future :thinking about:
 

Como

Well-Known Member
  • May 17, 2015
  • #243
I always though the Ricoh was too far out and the ground should be nearer the center so voted Yes.
 

torchomatic

Well-Known Member
  • May 17, 2015
  • #244
Why would be attractive to an investor? We are just a name and a golden share. We don't have anything tangible that would want to make anyone want to pump in a ton of money, have we?

Otis said:
What, you think we will be just less as attractive as a promoted, winning team as we would be a struggling League One team?

:thinking about:
Click to expand...
 

Otis

Well-Known Member
  • May 17, 2015
  • #245
Sky Blue Harry H said:
If we can't have the Ricoh, and there was a nice shiny alternative in the right location - fine (then we can reap the pie income benefits etc). Who wouldn't want that? But....there isn't at the moment or in the foreseeable future :thinking about:
Click to expand...

You kind of get the feeling though that if Sisu left, land would suddenly become available in Coventry.

Might not seem very fair, but then CCC have absolutely zero percent trust in our current owners for sure. Pretty sure they must be thinking that they would renege on any agreement.

That's not saying that the council are much better, but there is too much bad blood there I think. A new owner saying the right things and land might just magically appear.
 
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