Coventry City supporter Gary Hoffman has offered Tim Fisher a meeting to try and sort out a deal to get the Sky Blues back playing in Coventry.
Speaking to the Coventry Telegraph's Andy Turner and Alan Poole, Mr Hoffman said; “I am on holiday in Spain with my family but everyone has said people need to sit down and talk. I am very happy to do that so I am going to fly back for the Nuneaton match.
“I will try to get in touch with Nuneaton’s chief executive Ian Neale to see if he can give us a room and if Tim is there at the game, which I am sure he will be, then why don’t we spend a couple of hours together, or however long it takes, in order to try to hammer out a deal because no one can lose in this situation.
"What I am trying to do it is save them money from Northampton; they don’t have to pay any rent at the Ricoh and they will definitely make more money out of it.
“My proposal is that I raise the money to pay the rent for the next three seasons. I assume £400,000 per season as that is the number speculated. Otium has to pay nothing towards it and they save the costs of the deal on Northampton, excluding any break clause costs which we would pay, too.
“ACL get their rent. The casino benefits, the hotel benefits, in fact everyone benefits – no losers
“I assume that the attendance at the Ricoh would be at least 5,000 per game more than at Sixfields – this is undoubtedly conser
vative – so 5,000 at an average £15 per ticket for 25 games equals £1.875m extra revenue.
“Otium can take half of this upside for trading purposes; the people who put up the money with me would take a return to cover financing and other costs and any additional revenue would be invested in the Academy.
“This is not about me trying to make money, it’s about trying to get Coventry back at its home and rightful place, give Sisu some money and invest further in the Academy which is a model we all want to work.
“All we’re saying is we want the £400,000 for the rent back from ticket sales, which is reasonable. Anything above that they can have and the Academy can have. We’re not here to make a return out of it.”
“I don’t know what they are paying for Northampton, but let’s say £150,000 for three years, so that’s £450,000 in total.
“They save 3 x £400,000 on rent at the Ricoh, which is £1.2m, so that’s £1.6m. They will probably, pessimistically, get £1m a year extra ticket revenue so if you add all this up Sisu get close to £5m over the three years.”
More on this; http://www.coventrytelegraph.net/sport/football/football-news/coventry-city-gary-hoffman-bid-5071750
Source: Coventry MAD
Source: FOOTYMAD
