Always a Wasp

Author Topic: Major Ricoh Announcement Today  (Read 5001 times)

westwaleswasp

  • Hero Member
  • *****
  • Posts: 2015
  • Wasps Rugby Fan
    • View Profile
Re: Major Ricoh Announcement Today
« Reply #30 on: May 05, 2021, 01:42:56 PM »
Compared to some who are scratching around for naming rights (read: over inflating the value of them hoping that someone will meet their OTT valuation), we have done well to get a deal, even if we have lowered our price (and I have no evidence that we have).  Much rather have a deal in place now than wait for two years hoping the value of naming rights goes up. Having a partner who is not a betting company a definite bonus too.
 

Steve from Cov

  • Hero Member
  • *****
  • Posts: 1132
  • Wasps Rugby Fan
    • View Profile
Re: Major Ricoh Announcement Today
« Reply #31 on: May 05, 2021, 01:50:56 PM »
It's fantastic news, and can only be massively beneficial for the Wasps group. If it provides some longer term stability to be able to kick on and develop the site into a full blown conference venue and finally get Derek some return on all the money he's poured into it then I'll be happy.

+1.

matelot22

  • Hero Member
  • *****
  • Posts: 1359
  • Wasps Rugby Fan
    • View Profile
Re: Major Ricoh Announcement Today
« Reply #32 on: May 05, 2021, 01:58:06 PM »
All going well off the pitch, now let's have a couple of beasts signed for our tight 5 please.....

MarleyWasp

  • Guest
Re: Major Ricoh Announcement Today
« Reply #33 on: May 05, 2021, 02:03:13 PM »
There's a familiar name as Chair of the CBS board...

https://www.coventrybuildingsociety.co.uk/consumer/who-we-are/our-board.html

Neils

  • Hero Member
  • *****
  • Posts: 14758
  • Wasps Rugby Fan
    • View Profile
Re: Major Ricoh Announcement Today
« Reply #34 on: May 05, 2021, 02:09:14 PM »
There's a familiar name as Chair of the CBS board...

https://www.coventrybuildingsociety.co.uk/consumer/who-we-are/our-board.html

Well well that will stir some up!
Let me tell you something cucumber

Old Geezer

  • Sr. Member
  • ****
  • Posts: 250
  • Wasps Rugby Fan
    • View Profile
Re: Major Ricoh Announcement Today
« Reply #35 on: May 05, 2021, 02:15:57 PM »
I would like to welcome CBS to the Ricoh Stadium!  I wonder if the old name will hang around.  That must be a risk for CBS.

MarleyWasp

  • Guest
Re: Major Ricoh Announcement Today
« Reply #36 on: May 05, 2021, 02:35:16 PM »
There's a familiar name as Chair of the CBS board...

https://www.coventrybuildingsociety.co.uk/consumer/who-we-are/our-board.html

Well well that will stir some up!

Just had a look on Sky Blues Talk - Not stirred up as much as I anticipated. Lots of posters who think they should be getting a share of the revenue though. Whilst I do not doubt that their return made it easier to secure a naming sponsor for the stadium, we own the stadium, pay the bills etc, so I don't know why they think CCFC deserve a split in the revenue. I doubt very much that Wasps got a share of the revenue when Causeway sponsored Adams Park.

Neils

  • Hero Member
  • *****
  • Posts: 14758
  • Wasps Rugby Fan
    • View Profile
Re: Major Ricoh Announcement Today
« Reply #37 on: May 05, 2021, 02:40:33 PM »
There's a familiar name as Chair of the CBS board...

https://www.coventrybuildingsociety.co.uk/consumer/who-we-are/our-board.html

Well well that will stir some up!

 

Just had a look on Sky Blues Talk - Not stirred up as much as I anticipated. Lots of posters who think they should be getting a share of the revenue though. Whilst I do not doubt that their return made it easier to secure a naming sponsor for the stadium, we own the stadium, pay the bills etc, so I don't know why they think CCFC deserve a split in the revenue. I doubt very much that Wasps got a share of the revenue when Causeway sponsored Adams Park.

On the last point correct. Even if they did get a share it would only be for a short period before they move to their new purpose built stadium - progressing nicely I hear.
Let me tell you something cucumber

WonkyWasp

  • Hero Member
  • *****
  • Posts: 5920
  • Wasps Rugby Fan
    • View Profile
Re: Major Ricoh Announcement Today
« Reply #38 on: May 05, 2021, 02:45:03 PM »
          :)     

MarleyWasp

  • Guest
Re: Major Ricoh Announcement Today
« Reply #39 on: May 05, 2021, 03:09:11 PM »
On the last point correct. Even if they did get a share it would only be for a short period before they move to their new purpose built stadium - progressing nicely I hear.

Cannot wait to see the Loch Ness Monster Stadium when it's completed...

MarleyWasp

  • Guest
Re: Major Ricoh Announcement Today
« Reply #40 on: May 05, 2021, 03:12:45 PM »

hookender

  • Hero Member
  • *****
  • Posts: 4035
  • Wasps Rugby Fan
    • View Profile
Re: Major Ricoh Announcement Today
« Reply #41 on: May 05, 2021, 03:20:02 PM »
Pleased that something has been sorted out. I suspect it may well be just to cover maintenance costs ,but 
At least it has a local connection.

RogerE

  • Hero Member
  • *****
  • Posts: 1324
  • Old Wasps Player (Not saying which team and when!)
    • View Profile
Re: Major Ricoh Announcement Today
« Reply #42 on: May 05, 2021, 04:09:56 PM »
The CBS Arena - hopefully we'll go on to set some records there


.
.
.
.
.

(that's one for the older generation!)

However it says all Ricoh branding will be changed - what about the seats that spell out RICOH in the East Stand - re-arrange to spell WASPS? No way they can be rearranged to spell Coventry Building Society
« Last Edit: May 05, 2021, 04:12:11 PM by RogerE »

Rossm

  • Hero Member
  • *****
  • Posts: 7452
  • Hey, Slow Down.
    • View Profile
Re: Major Ricoh Announcement Today
« Reply #43 on: May 05, 2021, 04:31:59 PM »
However it says all Ricoh branding will be changed - what about the seats that spell out RICOH in the East Stand - re-arrange to spell WASPS? No way they can be rearranged to spell Coventry Building Society

I guess it will depend on the deal we've signed with the Building Society. Which way do the TV cameras face?
SLAVA UKRAINI!
HEROYAM SLAVA!

JF

  • Sr. Member
  • ****
  • Posts: 410
  • Wasps Rugby Fan
    • View Profile
Re: Major Ricoh Announcement Today
« Reply #44 on: May 05, 2021, 04:34:02 PM »
My first thoughts are:

 - Coventry Building Society Arena doesn't exactly trip off the tongue. If it gets abbreviated in common use to the CBS Arena will that not reduce the brand recognition?
- It's not a big international name. I'm not sure how big the pool we were fishing in is, but does that reflect on our lack of recent success?