Which as we worked out before was cheaper than a season ticket. Much cheaper than a single ticket. What we agreed on was more than half the crowd would have to be disabled with a carer going in or young kids with very deep voices
Sorry deleted it- its speculative and assumes constants to offer parity to the argument- did this a while ago... here it is again- opens the door to the usual criticisms I guess? Can flex it many ways- non of which though establish the move as credible in my mind?
As I said, speculative, and open to criticism- which I am Ok with - not withstanding all of the +'s and -'s which we can argue all day long about... can anyone portray any balance sheet supportive in a business sense of the move? (awaits standard "long term view" response)
How many years in our new (made up) sustainable home, somewhere in Warwickshire, will we need to be before we wipe out the £50 million (5 years of lost revenue @ £4m plus £30M for a new stadium)? 50, 75, 100 years?
The Football League - hang your heads for allowing this to happen.
Now if they had accepted the 10 year deal (just to make you all happy - the one not offered legally) of £150,000 a year (based on us staying in league 1) and only stayed for 5 years to build a new stadium, resulting in a (possible) £1,000,000 charge for each year they broke the lease then it would look something like this:
Sixfields - £744,625 a season x 5 = £3,723,125
Ricoh - £2,288,500 a season x 5 = £11,442,500
take off the rent
sixfields - £3,723,125 - (5 x £150,000) = £2,973,125
Ricoh - £11,442,500 - (10 x £150,000) = £9,942,500
ACL charge the £1,000,000 per year the lease is broken. 5 x £1,000,000 is £5,000,000.
£9,942,500 - £5,000,000 = £4,942,500.
Still very simple. But the answer always comes out the same!
We all know the figures don't stack up, and that moving to Northampton makes no financial sense. But why would you want the club to hand ACL (possible) £5m free money for breaking the lease early? If you include the F&B's to what ACL would be making then they would be making £10m+ from a 5 year deal, in which would be x2 of what we would have after paying the rent and the (possible) £5m breakout penalty.
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
We all know the figures don't stack up, and that moving to Northampton makes no financial sense. But why would you want the club to hand ACL (possible) £5m free money for breaking the lease early? If you include the F&B's to what ACL would be making then they would be making £10m+ from a 5 year deal, in which would be x2 of what we would have after paying the rent and the (possible) £5m breakout penalty.
Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
Nobody would want to hand ACL £5mill for breaking the lease early. That isn't what I was saying. I was merely pointing out that IF that were the case I believe they would still make more money than if they stayed at sixfields.
Also £1mill per year it is broken was just a figure I made up.