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guest3114
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It's not a mystery at all. A club with potential but available at a under valued price due
To the incompetence of previous owners.
No issues at all with kT exploiting that. Indeed the better we are the more he makes.
that plan is on the rocks tonight.
Still far easier and less risky ways to make money though Pedj? |
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BedsCobb
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The Trust has just released this statement:
The Supporters' Trust welcomes the news that David Bower and Kelvin Thomas have re-acquired the shares which had been purchased by Chinese investors 5USport last summer.
The Trust met with Kelvin and other club officials yesterday afternoon and were fully appraised of the situation in respect of the club’s ownership and why it was felt necessary to take this step.
Following a full and frank discussion, we believe the return of the shares is in the best interests of safeguarding the immediate future of the football club.
The Trust has, for some time, had concerns about the viability of 5USport’s investment – we are fully supportive of this course of action and we will be happy to address any concerns raised with us.
We also discussed the need for longer-term investment in the football club and the position with regard to the East Stand development.
But we agreed that these were topics that should be explored more fully at a later stage – and that presently the clear focus needs to be on keeping the club in League One and getting fully behind the team, starting with this afternoon’s home game against Charlton Athletic.
Now we are relegated.. is it possible to make public the discussions at this meeting as to our much needed long term investment into the clubs infrastructure? Did they suggest relegation to league 2 now negates any need for investment? Was it suggested by them selling up we might attract investors who have a vision giving us a better chance and be in a healthier position to compete when we return next to league 1? Not bothered by this chinese stuff as it looked mickey mouse from the very start. |
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Spinney cobbler
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What will happen to all the shirts and merchandise we managed to sell in China EBay will be flooded with the stuff😀
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BedsCobb
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'we had debts of £18m' Yes pie in the sky cardoza £8m which he had to write off after what he did and the poor old council the other £10m. That leaves almost a nice clean slate in which should be a very attractive acquisition for anyone looking to grow the football club and its support base...but hold that front page guardian newspaper, things have gone wrong and we are not about to become the new Bournemouth but more likely that of Stockport or Tranmere! |
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guest48
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Now we are relegated.. is it possible to make public the discussions at this meeting as to our much needed long term investment into the clubs infrastructure? The whole of the meeting was pretty much on the ownership
Did they suggest relegation to league 2 now negates any need for investment? No
Was it suggested by them selling up we might attract investors who have a vision giving us a better chance and be in a healthier position to compete when we return next to league 1?KT is still open for outside investment
Not bothered by this chinese stuff as it looked mickey mouse from the very start.
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guest47
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Phew that's a relief, I thought we were going to get relegated for a while. |
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Shoemaker
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Who is actually in charge??
Latest betting
Kelvin 5/2
Tom 13/8
Oliver 7/2
Burger bloke who lost his prime pitch and was moved behind the north stand 4/5
The annoying bell he used to ring 33/1
Clarence 5/2
Gareth willsher 20/1
Jeema 5/2
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Travelaway
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Chinese Investors claim they are still major stakeholders in Cobblers despite apparent split.
Get the popcorn out.
Well maybe this was the other news from Thursday..
Club is now in freefall on and off the pitch |
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everbrite
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Chinese Investors claim they are still major stakeholders in Cobblers despite apparent split.
Get the popcorn out Well maybe this was the other news from Thursday.
[quote author travelaway= topic= 16263.msg353659] Club is now in freefall on and off the pitch [/quote] You sound pleased |
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« Last Edit: March 31, 2018, 16:13:58 pm by everbrite »
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2020 Grand National S/S 3rd Place
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Shoemaker
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I wonder who the Chinese will appoint as the new chairman?
I’d assume that they can resign as directors themselves but keep their shareholding by appointing their own chairman/directors.
I’d imagine kelvin will try to liquidate northampton town ventures pretty quickly and set up a new holding company which he controls.
If this happens you can quickly see Tom taking legal action.
In a nutshell I think Kelvin thinks he is still in charge and is desperate to sell however legally my guess is Tom is in charge and kelvins out the door having done his money.
No one could buy the club from Kelvin or invest in it whilst Tom claims he owns it.
This begs the question who will pay the wages and why if there is an ownership dispute.
As fans this could work in our favour.
By not paying the players we can terminate all contracts and they will be keen to leave.
This will mean at least we can start from scratch without a huge wagebill,that is assuming we still have a club.
Kelvin won’t pay wages if the courts find in favour of Tom and Tom won’t pay if they find in favour of Kelvin.
What is interesting is that no one is keen on saying whose money has funded the January spending.
That could be an interesting piece of evidence in court proceedings.
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Vintage Cobbler
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Stay away from being a barrack room lawyer, Shoey. You will only succeed in making yourself look stupid.
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everbrite
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I wonder who the Chinese will appoint as the new chairman? ...................................................
.......................................This begs the question who will pay the wages and why if there is an ownership dispute.
As fans this could work in our favour.
By not paying the players we can terminate all contracts and they will be keen to leave.
This will mean at least we can start from scratch without a huge wagebill,that is assuming we still have a club.
Kelvin won’t pay wages if the courts find in favour of Tom and Tom won’t pay if they find in favour of Kelvin.
What is interesting is that no one is keen on saying whose money has funded the January spending.
That could be an interesting piece of evidence in court proceedings.
Come in Terry / Marquis.....please |
2020 Grand National S/S 3rd Place
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Shoemaker
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Stay away from being a barrack room lawyer, Shoey. You will only succeed in making yourself look stupid.
Thankyou I just can’t see how we can continue if Kelvin has been sacked but he doesn’t think he has been? I was just expressing an opinion and admit that I am not in any way legally trained. I will however offer up this opinion without any bias whatsoever..... As a club we are in a right mess from top to bottom On the pitch and off. Thing is I don’t actually know how it’s come to this and on whose watch it’s happened.... Kelvins? Toms? Oliver’s? |
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Shoemaker
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Come in Terry / Marquis.....please
Have you an opinion on this issue tony? I can’t imagine there are many car rally’s what with this awful weather continuing |
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everbrite
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Thankyou
I just can’t see how we can continue if Kelvin has been sacked but he doesn’t think he has been?
I was just expressing an opinion and admit that I am not in any way legally trained.
I will however offer up this opinion without any bias whatsoever.....
As a club we are in a right mess from top to bottom
On the pitch and off.
Thing is I don’t actually know how it’s come to this and on whose watch it’s happened....
Kelvins?
Toms?
Oliver’s?
Definitely Tom and Oliver's as in any case their names are a perfect fit!" |
2020 Grand National S/S 3rd Place
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Glastonbury Cobbler
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I wonder who the Chinese will appoint as the new chairman?
I’d assume that they can resign as directors themselves but keep their shareholding by appointing their own chairman/directors.
I’d imagine kelvin will try to liquidate northampton town ventures pretty quickly and set up a new holding company which he controls.
If this happens you can quickly see Tom taking legal action.
In a nutshell I think Kelvin thinks he is still in charge and is desperate to sell however legally my guess is Tom is in charge and kelvins out the door having done his money.
No one could buy the club from Kelvin or invest in it whilst Tom claims he owns it.
This begs the question who will pay the wages and why if there is an ownership dispute.
As fans this could work in our favour.
By not paying the players we can terminate all contracts and they will be keen to leave.
This will mean at least we can start from scratch without a huge wagebill,that is assuming we still have a club.
Kelvin won’t pay wages if the courts find in favour of Tom and Tom won’t pay if they find in favour of Kelvin.
What is interesting is that no one is keen on saying whose money has funded the January spending.
That could be an interesting piece of evidence in court proceedings.
Don't quit the day job Shoey 🙈🙈🙈 |
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everbrite
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Have you an opinion on this issue tony?
I can’t imagine there are many car rally’s what with this awful weather continuing
No that's why I called for Terry's opinion. Please wait |
2020 Grand National S/S 3rd Place
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Shoemaker
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Don't quit the day job Shoey 🙈🙈🙈
Ok Il leave it to those with more knowledge than me but il try to explain myself better. If I was ever lucky enough to own a company and employ staff I’d be worried if someone else said they owned my company and were prepared to take me to court to prove it. I’d then be worried that I may be paying wages of staff that I don’t actually employ any more. I know that’s very simplistic but it can’t be good to have two sides both claiming to own the football club can it. Again I’m no legal eagle but sometimes these disputes seem to drag on and on especially if it ends up in court As a fan of over 25 years what I don’t want is a club in limbo as it can’t be a good thing can it? |
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