NORTHAMPTON TOWN PART WITH 5USPORT

[singcobb]

Who will get the revenue from the millions of Cobblers shirts sold in China?

[JollyCobbler]

It was on ITV Look East Newa at 10pm news last night pictures and statement etc.

WHOOOSHH!!! 

[guest48]

Just for the record. How extensively were the Trust consulted about the takeover? When did they find out about it

We were not consulted and we found out yesterday morning.

[Shoemaker]

We were not consulted and we found out yesterday morning.

Seems as KT is no longer the main owner of the club I would assume the trust are speaking to the new owners in order to get board representation again that was lost of part of the KT takeover.
Can the trust confirm this.
At least then we will know if the trust has any say in the club which it obviously hasn't at the moment.

[tcobb]

Doesn't need anybody from the trust on the board.

[guest48]

Seems as KT is no longer the main owner of the club I would assume the trust are speaking to the new owners in order to get board representation again that was lost of part of the KT takeover.
Can the trust confirm this.
At least then we will know if the trust has any say in the club which it obviously hasn't at the moment.

The Trust is run by volunteers, most of us have full time jobs, we have arranged a meeting for later this week when the takeover will be discussed.

[guest2539]

Seems as KT is no longer the main owner of the club I would assume the trust are speaking to the new owners in order to get board representation again that was lost of part of the KT takeover.
Can the trust confirm this.
At least then we will know if the trust has any say in the club which it obviously hasn't at the moment.

When are you going to volunteer some of your time for the benefit of the Trust and club, instead of volunteering others?

[clarkeysntfc]

Been discussing our new ownership structure on twitter, and it looks like the share ownership is split up roughly as follows:

KT's group = 75% (of which 60% is owned by 5U).
Con Wilson family = ~20%
NTFC Trust = ~5%

So the Chinese seem to own 45% of the overall number of club shares at this point.

[guest2487]

Still trying to figure out who 5USport are and what they do. Latest Chron story seems to say they have a few offices around the world and that they do a lot of work for Eurosport.

[Vintage Cobbler]

Yes, there appears to a lot of froth with our new Chinese friends. The question is which individual(s) own(s) this company and what are his/their financial resources?

[Joes Sweet Left Foot]

Well they have now got a picture of Marc Richards on their website www.5usport.com and new content on Northampton Town Football Club [英国北安普顿足球俱乐部.

[The 12th Marquis of Sixfields]

And your rationale is?

probably that, with the exception of about 3 or 4 top flight clubs, foreign ownership of clubs has been a bit of a disaster all round

[Vintage Cobbler]

Not so, Marquis.  I think that 14 of the Premier League clubs are foreign owned or controlled and these 14 clubs and their supporters would contest your comment.  You need to back up what you write with hard facts.  Of course, there are disasters such as Leyton Orient but generally foreign ownership has not in itself been a problem.

[606 Parklands_Cobbler]

Well they have now got a picture of Marc Richards on their website www.5usport.com and new content on Northampton Town Football Club [英国北安普顿足球俱乐部.

its fans ALL over the world, NBA star O'Neill is its loyal fans.
This is from the birthplace of Princess Diana (Northampton County, convenient transportation, 96 km south of London,
North of Britain's second largest city of Birmingham 78 kilometers east of Oxford County, west of Cambridge County) football club, has a complete youth training system,
Living in the British Isles and Europe.

rough google translation. The chinese do love Diana.

[meccanostand]

Not so, Marquis.  I think that 14 of the Premier League clubs are foreign owned or controlled and these 14 clubs and their supporters would contest your comment.  You need to back up what you write with hard facts.  Of course, there are disasters such as Leyton Orient but generally foreign ownership has not in itself been a problem.

Becchetti- Orient
Cellino- Leeds
Duchatelet- Charlton
Al-Hasawi - Forest
Venky's- Blackburn
Carson Yeung- Birmingham
Notts County- Munto
Morecambe- Diego Lemos
Portsmouth- Various

[Vintage Cobbler]

meccanostand - plenty of UK controlled clubs have or have had ownership problems e.g. Blackpool and, not forgetting, NTFC!! All I am saying is that we need to be balanced in our comments on these matters. What Marquis wrote is inaccurate and misleading.

[Letchworthcobbler]

I read somewhere their worth is 1.15m

[Deepcut Cobbler]

I read somewhere their worth is 1.15m

That doesn't sound much?

[guest170]

I read somewhere their worth is 1.15m

1,150,000 Chinese Yuan = £132,122   

[Razor]

I'm pretty sure they don't have much money. I get the impression that being involved with NTFC is quite a big deal for them.