No we should pay for the facility that we currently use. And that is a top notch stadium far in excess of other league one stadia.
The offer of a reduction to £400k per annum would reduce our rent to less than 10% of total overheads. Hardly a crippling cost for what should one of the major outlays for any business.
Offer has been made. Club should have accepted. Simple.
Offer has been made. Club should have accepted. Simple.
What if we get a deal that suits CCFC!?
... Glad you don't run the club.
It is 'rule of thumb' you don't accept the 1st offer, you have to haggle to get what you want.
CCFC > ACL, my logic anyway.
The other facilities like the concert halls and casino are irrelevant aren't they, the club don't pay to use them or profit from them in anyway do they?Most other grounds are complete dives that don't even have major corporate areas. We have the 3rd biggest crowds, and the second biggest stadium.
The only grounds that come close to the Ricoh in terms of facilities and income potential (ie concerts, other sports), are Bramall Lane, Stadium MK, and at a push Deepdale.
The other facilities like the concert halls and casino are irrelevant aren't they, the club don't pay to use them or profit from them in anyway do they?
Perhaps Man U ought to give all the money they make from oversee shirt sales to charity instead o using it to pay player £200k per week.
Do you not think the clubs should have greater financial rewards for having better attendances than other clubs?I fail to see the relevance.
Do you not think the clubs should have greater financial rewards for having better attendances than other clubs?
If someone said to a top club, oh we are gonna take 50% income off you because 50% is still greater than 100% income of other clubs. Would you view that as fair?
In some respects I've lost some sympathy for the ACL. How can they go from charging 100k a month, to 400k a year. They clearly know that they totally screwed over the financial incompetence who were in charge of the club at the time the lease was signed, why else would they drop so far so fast.
In some respects a fool deserves to separated from his money, but this is our club we're talking about. If we're being screwed over money wise by the ACL then I'll begrudgingly give SISU some support for trying to get the club the best deal they can. Just as long as they don't get there hands on any part of the ground themselves, then we truly would be fecked.
Yes that is true, my point has got lost somewhere.
Other clubs matchday income is based on parking & kiosk sales. 50% of what CCFC fans spend on this will be more than the 100% that the vast majority of other league 1 clubs get. That is why it is wrong to base the deal Fisher wants on what other clubs do & don't get.
50% of matchday income is a good deal.
I fail to see the relevance.
Has that been said, or is that just your interpretation on what was reportedTheyve offered them 100% of their 50% take ,the other party compass take the other 50% as would happen if sisu were running the entire show.
Has that been said, or is that just your interpretation on what was reported
It could just as easily be 50% of there 50% couldn't it? or it could be as you said, we don't really know. tbf it is hard for any supporter to make a well informed opinion on the situation as 95% is all smoke and mirrors and facts get muddled up and both sides put there spin on the situation and distort the facts
In some respects I've lost some sympathy for the ACL. How can they go from charging 100k a month, to 400k a year. They clearly know that they totally screwed over the financial incompetence who were in charge of the club at the time the lease was signed, why else would they drop so far so fast.
In some respects a fool deserves to separated from his money, but this is our club we're talking about. If we're being screwed over money wise by the ACL then I'll begrudgingly give SISU some support for trying to get the club the best deal they can. Just as long as they don't get there hands on any part of the ground themselves, then we truly would be fucked.
Do you not think the clubs should have greater financial rewards for having better attendances than other clubs?</p>
<p> </p>
<p>If someone said to a top club, oh we are gonna take 50% income off you because 50% is still greater than 100% income of other clubs. Would you view that as fair?
It could be because we're not in the championship this season.
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Do you not think that clubs who dont sell their own ground & rent it back should have greater financial rewards?
Its been widely reported that the rent was way over the general average even by championship standards.
Correct and if you are a landlord who charges a rent agreed between you and the tennant i think you will find the onus is on the tennant to re-negotiate if they feel it is unfair. This does not include stopping paying as you will like as much find yourself out on the street. I cannot understand people defending our owners playing fast and loose with the future of our club, but hey we all see things differently.
The rent is valued at what someone wIll pay for it. We signed a contract for the current rate.
Ethically it is a premiership ground, and when the contract was signed And Sisu took it over I guess they thought it wasn't a major cost.
Sadly Sisu got us relegated and halved the gate,.
They needed to renegotiate in a professional business like manner, not like a bunch of 10th rate double gazing salesmen.
Agreed. But some Sisu apologists, like Grendel,, even praise Sisu for as you put it playing fast and loose with the future of our club.
Shame they weren't businesslike enough to sort it out in privately and professionally, without dividing supporters and dragging us negatively through the press some more.
I think its more likely that SISU will get there way, and the rent they want to pay.
Please explain the phrase "ethically it is a Premiership Ground". What does that mean?
No one else would pay the rent as charged that is what this is all about.
Lack of investment in the team got us relegated. Perhaps if we had not been paying huge overblown rental payments we may have survived. Who knows?
You do sound like an increasingly tedious Sisu apologist.
The ground is premiership standard, and the size and length of the contract reflected that. The landlord
You do sound like an increasingly tedious Sisu apologist.
The ground is premiership standard, and the size and length of the contract reflected that. The landlord
Try reading the full post before commenting....
Grendel I look to the interests of Coventry it's club, fans and the city. You look at reasons to justify Sisu's failure.
This debate is to do with the rent. You because of your bias see the rent as a means of bringing the owners down. There is no other alternative and certainly none that will pay the rent as it stands. What is your preferred option - meltdown and Southern League Football?
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