Fisher Clarifies Free Offer From ACL

06 December 2013 13:56
Fisher Says What City Are Paying For

Following the Supporters Consultation Group meeting on Wednesday night at Freehold Street, the following questions were put to Coventry City CEO Tim Fisher for clarification.

Additional Note added post meeting following clarification from Tim Fisher. Can you add clarity to the ‘Free’ Offer from ACL? ACL are mixing match day costs and rent.At Northampton, Rent includes; all stadium related first team match day services including pitch maintenance, utilities, refuse collection and covers the following facilities - the pitch, the stadium, the stadium seating, the changing rooms, hospitality suites and banqueting areas, match day staff facilities, media facilities.The stadium also provide all catering staff, all grounds men. The licensee (the club) separately provide stewards, crowd doctor, crowd ambulance, player ambulance. The ACL proposal comprised a license fee of per match plus match day costs, defined as charges to maintain and manage pitch, utilities, waste, hygiene, match day stadium maintenance salaries, statutory service contracts. The total is north of 12K per match. This is, of course, rent/facility fee. What is the financial justification of playing at Northampton? The original rationale and premise for Sixfields was the ensuring an ability to fulfil our fixtures. Without this the club would have catastrophically failed. The rationale for Northampton is not financially driven in the short term. Any return to the Ricoh on an interim rental deal would be very difficult. Notwithstanding, the improper purpose, the un-connected creditor put down the club for a mere 200K monies owed - caused a 20 point loss and threatened the club's very existence.

Source: Coventry MAD

Source: FOOTYMAD