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NORTHAMPTON TOWN PART WITH 5USPORT

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Author Topic: NORTHAMPTON TOWN PART WITH 5USPORT  (Read 29967 times)
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Towcester ntfc
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« on: June 26, 2017, 11:00:47 am »

5USport has agreed to purchase a major stake in Northampton Town Ventures Limited, who own the majority shareholding in Northampton Town Football Club
« Last Edit: March 29, 2018, 19:14:13 pm by The 12th Marquis of Sixfields » Report Spam   Logged

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« Reply #1 on: June 26, 2017, 11:08:15 am »

http://www.northamptonchron.co.uk/news/breaking-chinese-company-5usport-purchases-major-stake-in-northampton-town-1-8025792

Anyone know anything about them?
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« Reply #2 on: June 26, 2017, 11:12:45 am »

Not a clue but the best news here is that it should shut Beds up!
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« Reply #3 on: June 26, 2017, 11:15:43 am »

WE'RE RICH!!!
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Monkey
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« Reply #4 on: June 26, 2017, 11:15:53 am »

Can't tell much from their website as it's all in chinese.
Seem to have links with John Terry and David Seaman so that could be 2 positions filled.
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« Reply #5 on: June 26, 2017, 11:17:17 am »

I think KT turned us into an attractive position for any investor. One thing for sure is in our current position we won't reach any higher than League 1. The statement has some encouraging sound bites and it'll be interesting to how the develops.
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Wolvo
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« Reply #6 on: June 26, 2017, 11:19:34 am »

Funds have been increased to the playing budget?! Wow. Unexpected news.
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« Reply #7 on: June 26, 2017, 11:19:50 am »

Also very positive news that Kelvin will remain as chairman
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« Reply #8 on: June 26, 2017, 11:22:19 am »

welcome 5usport
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« Reply #9 on: June 26, 2017, 11:22:44 am »

Taken from their Website

Founded in 2008, Guangzhou is located in Guangzhou, and the layout of Hong Kong, Britain, Spain and Brazil, the world's five major regional, the formation of globalization, the United States, the United States, the United States, Resource Sharing and Advantage Support.

5U Sports is the predecessor of the European sports channel Eurosport operating company in China, with Eurosport high-quality content, to create the largest sports network. Through cooperation with Eurosport, the company not only gradually carry out content services, sports marketing, fan services, derivative products and other business, and began in-depth docking international sports resources.

Now, 5U sports has initially completed the construction of the whole industry chain of soccer athletes career, and complete the career value of each stage to build the necessary resources and business layout.
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Irchy cob
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« Reply #10 on: June 26, 2017, 11:24:34 am »

It's definitely exciting news but I think it's wise to be a bit cautious - depending on the figures involved we don't want to become a freak show/Harlem globetrotters like Notts county a few years ago. If we have an increase in playing budget I hope it's focussed on quality, proven lower league players and not big time Charlie's from higher up looking for a pay day. This news probably goes some way to explain the lack of gk and defensive signings in the last while.
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« Reply #11 on: June 26, 2017, 11:26:22 am »

This can only be good news.
Fair play to kelvin for acknowledging that outside investment was needed in order to progress.
If the new owners have the clubs interests at heart(and it seems they do) then it's a great deal for all parties.
The Chinese football market is huge and the little old cobblers have tapped into it thanks to kelvin making the club a sellable asset.
I know there's often scepticism regards foreign ownership but it seems these chaps seem decent enough on face value.
China's a big old country,I guess we will need to order a few more replica shirts!!
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Terryfenwickatemyhamster
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« Reply #12 on: June 26, 2017, 11:28:48 am »

Told ya
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cobbler_rob
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« Reply #13 on: June 26, 2017, 11:30:11 am »

Very positive and whilst it always pays to be cautious this sounds like exactly the sort of agreement needed to take the club forward. KT remaining as chairman is a huge plus too. Well done all. This club has come on miles in the past 18 months
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« Reply #14 on: June 26, 2017, 11:30:44 am »

Interesting news!

Certainly making the right noises in the statement there, nothing like the grand plans laid out by some of the more 'dodgy' owners we've seen in the lower leagues in recent times. Particularly like the line about there being a budget put together to sign and develop youngers players.

I'd guess it may mean we see a few young Chinese players come over to join our youth/development team. Can't do any harm I guess as long we keep trying to develop local talent too.

As has been said let's hope our recruitment is focussed on quality additions now rather than being seen as a last pay day for players on the way down.

Cautiously optimistic sums up how I felt when reading that
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« Reply #15 on: June 26, 2017, 11:34:31 am »

This will end in tears
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The Rauldinho
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« Reply #16 on: June 26, 2017, 11:44:21 am »

Not sure what to make of this, one half of me is excited and the other is horrified!  Grin
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« Reply #17 on: June 26, 2017, 11:47:06 am »

They've said all the right things in the statement and it all seems to be done in the right manner.

I guess proof will be in the pudding.

For a club like us though, it's our only real option isn't it?
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Terryfenwickatemyhamster
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« Reply #18 on: June 26, 2017, 11:51:34 am »

My immediate thoughts were

« Last Edit: June 26, 2017, 11:57:23 am by Terryfenwickatemyhamster » Report Spam   Logged
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« Reply #19 on: June 26, 2017, 12:07:55 pm »

This happens to others not us.
Excited but cautious. 
Appears all positive at the moment, as a Northamptonian I am waiting for the negatives (if any) to be revealed.
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