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The Hotel End / Cobblers Corner / Re: Redevelopment Closer Than Ever?
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on: December 13, 2023, 16:01:25 pm
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I'm not sure what the mystery is about the admin expenses? That's the cost of running the admin side of the club - its barely altered over three years?
quote author=DustonCobbler link=topic=5547.msg512458#msg512458 date=1702478489] It certainly is a fact.
You do know that the club receives about £5m + each year from NOT the owners and that pays for quite a lot of stuff
Still waiting for anyone letting me know what the £1.1 admin expenses in the accounts are, expenses that go up when the turnover goes down, yet goes down when the turnover goes up? and was also the same amount during Covid ?
Could that £1.1m be the £1m-£2m that KT says they put in every year?
JUST AS A REMINDER - ALL POSTS ARE MY OWN [/quote]
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The Hotel End / Cobblers Corner / Re: Redevelopment Closer Than Ever?
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on: August 26, 2022, 16:44:12 pm
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OK, I think this board needs uniting by a post that absolutely everybody thinks is rubbish so here goes..
The most sensible option for the Cobblers is to sell the Sixfields site and buy a 50% share of Franklin's Gardens...
Now, I know the opposition to this post is based on The Saints don't want us; it is sacrilege etc, blah blah..
But the Sixfields site is worth a lot more if sold with all of the land - ask any commercial agent...
Saints would probably appreciate a multi million pound injection and the money could be spent on making FG a very good ground for championship football...
I don't want to ruin anyone's fantasy, but the chances of anyone, the current owners or new ones, building us a 20,000 seater stadium at Sixfields is about as likely as this post being given lots of love..
And..I'm a Cobblers supporter of 50 years and a former chair of Northamptonshire Council structure and local plans committee..so you can say its a terrible idea..and I would ask tell me how we are ever going to get a decent stadium fit for championship football otherwise?
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The Hotel End / Cobblers Corner / Re: BREAKING: Cobblers to invite democratically elected fan onto board...
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on: September 23, 2021, 08:35:09 am
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This is a very, very interesting development and if I can put my two penneworth in..
I'm guessing that the supporters representative will become a director rather than just an attendee at board meetings..
This means that the supporters director will have stringent legal responsibilities alongside their "stakeholder" responsibilities to supporters.
I hope that the current owners have thought through this process and understand how difficult the role will be for a supporter who doesn't have some sort of background in legal and financial affairs - on the one hand the supporters director will have legal responsibilities to their role as a director and on the other they have to represent the views of a very wide ranging supporter base to the club in a lawful manner.
Potentially I think it's a great step forward. It's a directorship from hell in many ways, but the right person could play a very important role in bringing the owners and supporters closer together at this very important time.
It can be argued (by me anyway!), that this is one of the most important periods in the club's history - we have to settle the ground issues for the next 20 years at least; we need to find a way for the club to be financially sustainable without perpetual owner capital input and we need to find a relationship between the owners, club and supporters trust that works positively rather than the current unhappiness.
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