| Coventry on 14:42 - Nov 17 with 2637 views | Northernr |
Yeh that's bad news. A rare chance to solve the eternal problem with that shthole which has always been that the football club doesn't own it, has to pay to play in it, and therefore the first x number of tickets, merchandise, hospitality and sponsorship they sell for a home game isn't theirs. The original deal when they moved in meant they had to get 20,000 at a home game just to break even. |  | |  |
| Coventry on 14:59 - Nov 17 with 2558 views | Boston |
| Coventry on 14:42 - Nov 17 by Northernr |
Yeh that's bad news. A rare chance to solve the eternal problem with that shthole which has always been that the football club doesn't own it, has to pay to play in it, and therefore the first x number of tickets, merchandise, hospitality and sponsorship they sell for a home game isn't theirs. The original deal when they moved in meant they had to get 20,000 at a home game just to break even. |
We'll, we did our bit to help them. |  |
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| Coventry on 15:00 - Nov 17 with 2563 views | CamberleyR |
| Coventry on 14:42 - Nov 17 by Northernr |
Yeh that's bad news. A rare chance to solve the eternal problem with that shthole which has always been that the football club doesn't own it, has to pay to play in it, and therefore the first x number of tickets, merchandise, hospitality and sponsorship they sell for a home game isn't theirs. The original deal when they moved in meant they had to get 20,000 at a home game just to break even. |
" The original deal when they moved in meant they had to get 20,000 at a home game just to break even"
Which as an average season attendance figure at Highfield Road they only hit (just) in their last three seasons in the PL (their previous average season attendance of 20k prior to those was in 83/84). In their four seasons after relegation prior to moving to the Ricoh White Elephant they never managed it, it varied between 14 and 16k.
Even staying at 23k limited Highfield Road with like us it's growing upkeep bill and limited hospitality opportunities they'd have been miles better off. A perfect example of how not to execute a new stadium move. [Post edited 17 Nov 2022 15:04]
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| Coventry on 15:09 - Nov 17 with 2529 views | flynnbo |
Sports Direct Arena it is then.
Meanwhile Rob Edwards is new Luton boss. [Post edited 17 Nov 2022 15:10]
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| Coventry on 16:55 - Nov 17 with 2401 views | Northernr |
| Coventry on 15:00 - Nov 17 by CamberleyR |
" The original deal when they moved in meant they had to get 20,000 at a home game just to break even"
Which as an average season attendance figure at Highfield Road they only hit (just) in their last three seasons in the PL (their previous average season attendance of 20k prior to those was in 83/84). In their four seasons after relegation prior to moving to the Ricoh White Elephant they never managed it, it varied between 14 and 16k.
Even staying at 23k limited Highfield Road with like us it's growing upkeep bill and limited hospitality opportunities they'd have been miles better off. A perfect example of how not to execute a new stadium move. [Post edited 17 Nov 2022 15:04]
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Highfield Road was ageing, but it was big enough for them, could have been redeveloped, was far better located, and most importantly was theirs.
I think they sold it to pay off a debt they had accrued at that time paying big money out for players like Bellamy trying to keep up with the Premier League, but that's proper selling off the family silver stuff and the deal they did at the Ricoh was one of the worst ever written for exactly the reason you say. Club that never gets 20k at home needs 20k at home just to break even. | | | |
| Coventry on 17:37 - Nov 17 with 2294 views | Paddyhoops |
Hope it works out for them . Still paying £7.10 for a meat pie the size of mince pie and a bottle of water on Saturday should see them break . | | | |
| Coventry on 17:43 - Nov 17 with 2287 views | stowmarketrange |
| Coventry on 17:37 - Nov 17 by Paddyhoops |
Hope it works out for them . Still paying £7.10 for a meat pie the size of mince pie and a bottle of water on Saturday should see them break . |
I bought a pie and a pint for £9.90 on Saturday,and the pie was better than the crap ones we get at hq. |  | | |
| Coventry on 17:57 - Nov 17 with 2251 views | NorthantsHoop |
Must admit like Coventy's stadium, shame it still does not seem loaded in their favour. |  | | |
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| Coventry on 18:10 - Nov 17 with 2204 views | Northernr |
| Coventry on 17:43 - Nov 17 by stowmarketrange |
I bought a pie and a pint for £9.90 on Saturday,and the pie was better than the crap ones we get at hq. |
Two bottles of water, £5.60. Each decanted into a plastic glass because I couldn't be trusted with the plastic bottle - something they told you only after taking the payment. | | | |
| Coventry on 18:18 - Nov 17 with 2183 views | Paddyhoops |
| Coventry on 17:43 - Nov 17 by stowmarketrange |
I bought a pie and a pint for £9.90 on Saturday,and the pie was better than the crap ones we get at hq. |
Have to admit I’ve never tasted our food. So couldn’t really comment. Sausage and chips for 4 quid just down the road from HQ before kick off is always a better bet.
Apparently our cheesy chips are a bit of a delicacy mind. | | | |
| Coventry on 18:18 - Nov 17 with 2183 views | Michael_Hunt |
| Coventry on 18:10 - Nov 17 by Northernr |
Two bottles of water, £5.60. Each decanted into a plastic glass because I couldn't be trusted with the plastic bottle - something they told you only after taking the payment. |
Must admit that having turned up early to grab a parking spot, I found the outside bar selling Madri at £6 a pint a welcome relief. Plenty of sunshine and a beer who could guess at the carnage to come? |  | | |
| Coventry on 18:46 - Nov 17 with 2130 views | terryb |
Coventry City must be far better of without being owned by SISU.
Of course it would have been far better if their new owner had been able to buy the stadium, but I'd trust Ashley far more than anyone that has a connection to Wasps RFU!
Let us hope that a reasonable lease can be negoiated. | | | |
| Coventry on 19:03 - Nov 17 with 2104 views | Harbour |
| Coventry on 14:42 - Nov 17 by Northernr |
Yeh that's bad news. A rare chance to solve the eternal problem with that shthole which has always been that the football club doesn't own it, has to pay to play in it, and therefore the first x number of tickets, merchandise, hospitality and sponsorship they sell for a home game isn't theirs. The original deal when they moved in meant they had to get 20,000 at a home game just to break even. |
Yes if we ever decide to move out of LR need to be very careful the club always owns the ground and we only move to a stadium with a viable capacity for our fan base and a clear business plan on how it remains financially viable. Given our current owners are bailing us out every month we must consider ourselves lucky given some of owners who have ruined their clubs. | | | |
| Coventry on 21:38 - Nov 17 with 1900 views | CamberleyR |
| Coventry on 16:55 - Nov 17 by Northernr |
Highfield Road was ageing, but it was big enough for them, could have been redeveloped, was far better located, and most importantly was theirs.
I think they sold it to pay off a debt they had accrued at that time paying big money out for players like Bellamy trying to keep up with the Premier League, but that's proper selling off the family silver stuff and the deal they did at the Ricoh was one of the worst ever written for exactly the reason you say. Club that never gets 20k at home needs 20k at home just to break even. |
Found this interesting. Apparently CCFC were meant to own half of the Ricoh and the profits from this were supposed to more than cover the rent but they sold their share and all their revenue generating income streams.
"But the idea was that Coventry City would own half the stadium and that the profits they would generate from the stadium would more than cover the rent and it wouldn't be a problem. But they sold their half share in the stadium and also sold all their income in revenue streams from the stadium as a result which meant that they were left with £1.3 million in rent and with all these bills that would have come in income on the other side of the coin. So they were in a really, really bad position and you have to really question the judgement of the people involved in terms of why they took that deal. And if you do ask these people why they did it, they don't seem to give you a sensible answer."Â
https://www.otbsports.com/soccer/the-cautionary-tale-behind-coventry-citys-parad
And the other side of the coin from their chairman at the time, Bryan Richardson
https://www.coventrytelegraph.net/sport/football/football-news/coventry-city-bry | |
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