stupot07
Well-Known Member
1) Don't think so.
2) I think this season has shown that it doesn't matter and on the whole teams will agree if given enough notice:
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Your Move SISU (1 Viewer)
- Thread starter skybluetony176
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1) Don't think so.
2) I think this season has shown that it doesn't matter and on the whole teams will agree if given enough notice:
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skybluetony176
Well-Known Member
dongonzalos
Well-Known Member
At the moment Joy Sepalla. Who has pro-actively chosen this route. Until she sees if ACL can survive or not.
blueflint
Well-Known Member
that is very funny grendel what business plan to lose a fortune playing to 1/10 of the fans at northampton a real winner there
Mary_Mungo_Midge
Well-Known Member
There's a statement at the bottom of this article, posted elsewhere in here today: http://wireinthebrain.wordpress.com...ideotape-les-reid-and-the-ricoh-row/#comments
That states: 'No-one would dispute that the rent was too high (though I understand ACL’s last offer was below what the club is paying at Sixfields)'
If you believe the article; they may already have done so
A business model that involves loosing millions each year for the next 5 years whilst they try to find a site to build an inferior stadium and, it would appear, having not the slightest clue where that will be or whether they will get planning permission anyway! And you think that will enhance the club's saleable value ?
Are you serious Grendel?
One thing is for sure, they may care about the future saleable value, but they clearly don't think a shit about the fans in the meantime, do they?
dongonzalos
Well-Known Member
What would be the saleable value in comparison to cost?
stupot07
Well-Known Member
I don't believe the article, I believe that relates to the offer to the administrator.
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dongonzalos
Well-Known Member
I don't believe the article, I believe that relates to the offer to the administrator.
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If they came back to the Ricoh on the last rent offer directly to them. it would still cost them less than the estimated 2 million losses a year they will incur at Sixfields
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stupot07
Well-Known Member
And ACL would still be benefiting from £1.5m+ income from the club to add to their turnover...,
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bigfatronssba
Well-Known Member
And ACL would still be benefiting from £1.5m+ income from the club to add to their turnover...,
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And the club would be benefiting from playing in a stadium that it couldn't afford to build itself.
Nothing is free in life.
stupot07
Well-Known Member
And fans will have to accept that we will never be a PL club as our income is restricted...
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bigfatronssba
Well-Known Member
And fans will have to accept that we will never be a PL club as our income is restricted...
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Life's a bitch.
Perhaps the club should put in a offer??
stupot07
Well-Known Member
Or build their own ground....
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dongonzalos
Well-Known Member
And ACL would still be benefiting from £1.5m+ income from the club to add to their turnover...,
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ACL get 1.5 million ( at 400k rent and giving over 80% f&b, probably not) but I will let that slip.
SISU no longer lose 2 million and will also earn money on top
Everyone's a winner
stupot07
Well-Known Member
Not really though are they? Not in the medium or long term.
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dongonzalos
Well-Known Member
Not really though are they? Not in the medium or long term.
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If they seize the moment and negotiate the 150k sliding scale rent. Then I think they would be both medium and long term.
The alternative as you say building a new stadium is patently not a viable option.
stupot07
Well-Known Member
How will it? We will still be restricted in income in terms of ticket sales and the odd bit of sponsorship and merchandise.
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bigfatronssba
Well-Known Member
Or build their own ground....
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A shed out in the sticks?
That might be the ambition of some CCFC fans, (and coincidently the owners), but I want more for our club than that.
Are you saying a £400k a year is the difference between League 1 and the Premiership?
dongonzalos
Well-Known Member
How will it? We will still be restricted in income in terms of ticket sales and the odd bit of sponsorship and merchandise.
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What extra profit would we have from Ms Sepella's ground vision, to be spent on the team that we would not have by a cheap rent deal.
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stupot07
Well-Known Member
No saying that having limited access to match day revenues is the difference between league 1 and the PL.
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No future with SISU
New Member
They just paid off the morgage debt still owed
stupot07
Well-Known Member
I have no idea. But a rental deal at the Ricoh with limited access to additional and match day revenue will certainly make PL football almost impossible to achieve.
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No future with SISU
New Member
The company who own Leicester just too over the loan from the american insurance company.
letsallsingtogether
Well-Known Member
So what are we doing now and for the next 5 years pay rent and get nothing,except even lower crowds beggars belief.
I have no idea. But a rental deal at the Ricoh with limited access to additional and match day revenue will certainly make PL football almost impossible to achieve.
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No future with SISU
New Member
5 to 6 years as owners, this business model looks doomed and the long term saleable value is fallen month by month. Sisu are no good at running a football club.
J
Jack Griffin
Guest
I have no idea. But a rental deal at the Ricoh with limited access to additional and match day revenue will certainly make PL football almost impossible to achieve.
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Why? The rent & F&B is peanuts compared to ticket sales, but that is the very thing moving to Northampton has cut by 80%!
You argument is nonsensical, it certainly does not rely on mathematics!
stupot07
Well-Known Member
Ok jack, you are right, addition revenues will have no impact our turnover is fine without them and Will have zero impact on the medium to long term future or our ability to get to the PL.
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J
Jack Griffin
Guest
Ok jack, you are right, addition revenues will have no impact our turnover is fine without them and Will have zero impact on the medium to long term future or our ability to get to the PL.
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The loss of 80% of turnover caused by moving sure will!
stupot07
Well-Known Member
Your talking short term, I'm talking medium to long term. Yes the Northampton move is idiotic, but we need to get the best terms possible if we return to the Ricoh to secure our long term future. Its no good agreeing to a 10+ year deal it's no access to revenue.
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James Smith
Well-Known Member
If the Judicial review application appeal fails then unless Joy puts in a serious offer for both ACL and the freehold* we'll be in Northampton until a new ground is built. The rate things are going that could well be the the medium term.Your talking short term, I'm talking medium to long term. Yes the Northampton move is idiotic, but we need to get the best terms possible if we return to the Ricoh to secure our long term future. Its no good agreeing to a 10+ year deal it's no access to revenue.
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*not renting anymore.
Skybluesquirrel
New Member
I'd like to know if ACL had somehow arranged for the sale of the freehold to Sisu on agreeable terms, but this was presented and offered to the Administrator at the meeting to agree the CVA in a way that could be deemed unlawful under insolvency law, would Sisu and their lawyers have found a way to accept it?
All very hypothetical but would be interested to find out.
All very hypothetical but would be interested to find out.
dongonzalos
Well-Known Member
I have no idea. But a rental deal at the Ricoh with limited access to additional and match day revenue will certainly make PL football almost impossible to achieve.
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The point is the alternative makes it completely impossible
Astute
Well-Known Member
I have no idea. But a rental deal at the Ricoh with limited access to additional and match day revenue will certainly make PL football almost impossible to achieve.
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Do you really believe it is all about the pie money?
stupot07
Well-Known Member
Again you're missing the point. I am not advocating the Northampton move and I am not advocating building a new ground.
The fact is without access to additional or match day income at the Ricoh PL football will be virtually impossible to achieve.
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