Grendel

Well-Known Member
Sep 19, 2011
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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 :)

Or was it your accountant?

I know you constantly deny this - why what are you suggesting - the prior board was fraudulently not declared true revenue?

There is no argument -- it is broadly a correct figure for home attending non-corporate fans.

What it tells us is that the club could not fill the stadium above its natural levels without large amounts of free/cheap tickets

It tells us a stadium of around 18 - 20,000 is perfectly acceptable
 

ohitsaidwalker king power

Well-Known Member
Nov 18, 2011
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not gods golden acre
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?

We managed £5,2 million income from gates when we had 21,000 - I'm glad you are not my accountant

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)

G as ever you never fail to dissapoint ....;)
 
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skybluelee

Well-Known Member
May 29, 2011
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Weymouth
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.
 

lewys33

Well-Known Member
May 1, 2013
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Coventry
OK so adjust everything to £9.95 a person. For arguments sake lets say that is the case for both sixfields and the Ricoh:

2500 fans at sixfields at £9.95 each + £3 per head F&B = £24875 + £7500 = £32,375 per game.

10000 fans at the Ricoh at £9.95 each + £0 per head F&B = £99,500 per game

Just the 23 home league games would make it:

Sixfields = £744,625 a year
Ricoh = £2,288,500 a year

If rent was agreed at £150,000 a year for sixfields and £400,000 a year at the Ricoh then Ratio is:

Sixfields = 4.96:1
Ricoh = 5.72:1

Or if you want to look at it another way, the "profit" (obviously not profit but you get the idea) is:

Sixfields: £744,625 - £150,000 = £594,625
Ricoh: £2,288,500 - £400,000 = £1,888,500

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!
 

stupot07

Well-Known Member
Mar 20, 2011
33,445
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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 :)
 
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lewys33

Well-Known Member
May 1, 2013
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Coventry
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.
 

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