RICOH
Posted by: ARob (IP Logged)
Date: 09 July, 2018 14:20

Does anyone know when the Ricoh signs will be taken down and who will be the new stadium sponsor ? Is the delay down to the court case ?

Re: RICOH
Posted by: Wasps222 (IP Logged)
Date: 09 July, 2018 14:46

For some reason I think thought that the rioch were still sponsoring it but at a reduced rate on a month by month. If thatís is not the case it would the owners responsibility to remove it. I think it might seem as low priority due to the costs involved

Re: RICOH
Posted by: neils (IP Logged)
Date: 09 July, 2018 14:56

I don't think anything will be done until a new sponsor is found by the firm employed to search for one. From memory the Ricoh deal went from 15 August to 15 August initially for ten years then rolling years after. The fact we are looking suggest they don't want to any more. Can't imagine Wasps paying to remove the vast number of Ricohs!

Re: RICOH
Posted by: NellyWellyWaspy (IP Logged)
Date: 09 July, 2018 17:11

I seem to recall that Ricoh had given notice to end the deal a few months ago.

Re: RICOH
Posted by: StevieWasp (IP Logged)
Date: 17 July, 2018 20:16

An interesting article about naming rights for the London stadium
[www.bbc.co.uk]

Nearly half a million spent trying to find a sponsor, and nothing to show for it.
The article basically says that sponsorship for sports stadiums is in a tricky situation right now, mainly due the uncertainty about Brexit.


If you can't get a sponsor for a stadium in London, that hosted the Olympics and is visited every other week by 50,000 football fans, then I can start to see why we may be struggling to get sponsorship for our stadium

Re: RICOH
Posted by: deadmancarl (IP Logged)
Date: 18 July, 2018 09:49

Quote:
StevieWasp
An interesting article about naming rights for the London stadium
[www.bbc.co.uk]

Nearly half a million spent trying to find a sponsor, and nothing to show for it.
The article basically says that sponsorship for sports stadiums is in a tricky situation right now, mainly due the uncertainty about Brexit.


If you can't get a sponsor for a stadium in London, that hosted the Olympics and is visited every other week by 50,000 football fans, then I can start to see why we may be struggling to get sponsorship for our stadium

I saw that article this morning and thought the same thing. One negative for the Olympic stadium is the negativity around West Ham especially with the way their fans behaved at the end of the season so maybe a sponsor doesn't want to be associated with that at the moment.

This could also be a similr thing for us with the SISU court case still on going.

Re: RICOH
Posted by: bg (IP Logged)
Date: 18 July, 2018 10:11

Quote:
deadmancarl
Quote:
StevieWasp
An interesting article about naming rights for the London stadium
[www.bbc.co.uk]

Nearly half a million spent trying to find a sponsor, and nothing to show for it.
The article basically says that sponsorship for sports stadiums is in a tricky situation right now, mainly due the uncertainty about Brexit.


If you can't get a sponsor for a stadium in London, that hosted the Olympics and is visited every other week by 50,000 football fans, then I can start to see why we may be struggling to get sponsorship for our stadium

I saw that article this morning and thought the same thing. One negative for the Olympic stadium is the negativity around West Ham especially with the way their fans behaved at the end of the season so maybe a sponsor doesn't want to be associated with that at the moment.

This could also be a similr thing for us with the SISU court case still on going.

I think you've hit the nail on the head. It was rumoured that JLR were ready to take over the naming rights but I think the ongoing SISU case has created uncertainty for any likely long term deal

Re: RICOH
Posted by: Trev's Big Tackle (IP Logged)
Date: 18 July, 2018 10:46

JLR also worried about the possibility of a hard Brexit so that's probably affecting their sponsorship budget and strategy. [www.ft.com]

No point building goodwill in Coventry if you're about to move your factory to France, Romania or India...

Re: RICOH
Posted by: bald.paul.101 (IP Logged)
Date: 18 July, 2018 11:52

havent JLR already said there are moving some production to Slovakia?

Re: RICOH
Posted by: Heathen (IP Logged)
Date: 18 July, 2018 12:44


Re: RICOH
Posted by: Marconi (IP Logged)
Date: 18 July, 2018 13:01

Quote:
bg
Quote:
deadmancarl
Quote:
StevieWasp
An interesting article about naming rights for the London stadium
[www.bbc.co.uk]

Nearly half a million spent trying to find a sponsor, and nothing to show for it.
The article basically says that sponsorship for sports stadiums is in a tricky situation right now, mainly due the uncertainty about Brexit.


If you can't get a sponsor for a stadium in London, that hosted the Olympics and is visited every other week by 50,000 football fans, then I can start to see why we may be struggling to get sponsorship for our stadium

I saw that article this morning and thought the same thing. One negative for the Olympic stadium is the negativity around West Ham especially with the way their fans behaved at the end of the season so maybe a sponsor doesn't want to be associated with that at the moment.

This could also be a similr thing for us with the SISU court case still on going.

I think you've hit the nail on the head. It was rumoured that JLR were ready to take over the naming rights but I think the ongoing SISU case has created uncertainty for any likely long term deal

There's also the fact that having CCFC there adds value to any stadium sponsorship deal for brand visibility. Assuming they host ~30-32 games in a season, that's double what Wasps will host.

If Wasps were looking for (theoretically) £1m per year, hosting say 45 games (between the two), that would be only ~£20K per game but 3x that for just the Wasps games. Obviously it's more complex than that in reality, but whether CCFC stick around or not will impact on the attractiveness of any naming rights deal.

Re: RICOH
Posted by: St Bruno (IP Logged)
Date: 18 July, 2018 16:08

Marconi,
I'm not sure but think CCFC is in a lower league where televised matches are few and far between?
If that is so, the attractiveness of their matches to potential stadium sponsors is rather reduced.

Re: RICOH
Posted by: ukms (IP Logged)
Date: 18 July, 2018 17:55

Itís not just the Rugby and football, it gets visibility with plenty of other events throughout the year ...... the reality is it all depends how much the club are looking for and over how long, likewise the London stadium.

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