NTFC FOR SALE

[Terryfenwickatemyhamster]

We haven't had a good old fashioned 'wait and see' since.... Cardoza, and boy did we get to see🤣🤣

Speak for yourself.

[JollyCobbler]

It's quite simple. I ask the club questions, they answer.

I'm not anymore ITK than anyone else could be if they got in touch.

Well, apparently you are more ITK than just about everyone else, given that you said:"KT and his group have proposed multiple options for developing the land around the stadium from retail to offices, distribution sheds etc etc. They have also provided proven funding of £ millions."

[cobbler_rob]

Just got back from holiday and catching up on all the statements now...

To me this seems like 2 separate issues
1. Who owns the leases and their boundaries
2. What other developments there are other than the East stand

I don’t see how the first affects the second like the council are suggesting, Thomas & Bower technically own the leases for both NTFC land and CDNL now (I think?) so in theory if they followed the right processes for planning and development and it got approved could go and build a hotel, garden centre, gym etc either way. Likewise if the council didn’t like what they were proposing, they could reject approval on either plot

The issue seems to be more around the fact that part of the land is on both leases, and potentially that some of the land KT and Bower want on the NTFC lease still is on the CDNL plot. This can’t be a difficult issue to sort surely? Either way 6 months+ to reply is deliberately not being cooperative

I can see 100% why KT and Bower don’t want to spend a penny on that stand until this is sorted, if their investment was over 2 leases that could cause major problems further down the line with selling the club, further developments, access etc

Admittedly I don’t really understand it all but that’s my take having a read through and I’m struggling to see why people are criticising KT other than ‘not revealing the proposed plans’

If the council made the deed with the NTFC amendments on public it would make things so much clearer

[meccanostand]

Can't ever see a time where finishing that atrocious East Stand (not even a complete new build remember) will be seen as fair payoff for development of that huge piece of land that Cardoza somehow got hold of.

[EssTeeFree]

Can't ever see a time where finishing that atrocious East Stand (not even a complete new build remember) will be seen as fair payoff for development of that huge piece of land that Cardoza somehow got hold of.

This is where I get even more confused than usual. Didn't the club hand pack everything beyond what was the 100 metre home straight of the running track behind the east? This was to allow the council to develop that themselves so they could write off the 10million from the clubs perspective.

Or is there another plot of land that was handed back and the land beyond the near side of the track is still on these leases?

[BedsCobb]

Can't ever see a time where finishing that atrocious East Stand (not even a complete new build remember) will be seen as fair payoff for development of that huge piece of land that Cardoza somehow got hold of.

If it was fitted out with lots of boxes and large bars in a warm space, cladding finished off with large club crests and any capacity increases built up behind the seats at both ends, all done in manageable stages.. we would be left with a pretty decent must visit ground.

[Deepcut Cobbler]

This is where I get even more confused than usual. Didn't the club hand pack everything beyond what was the 100 metre home straight of the running track behind the east? This was to allow the council to develop that themselves so they could write off the 10million from the clubs perspective.

Or is there another plot of land that was handed back and the land beyond the near side of the track is still on these leases?

  . No one on here knows. You might as well stand on the Junction 15A bridge and ask the traffic.

[guest2995]

Someone , somewhere within the council is hiding something or protecting someone .
This can only be the case otherwise it would move forward .
The lack of transparency is a disgrace . This is a public authority we are talking about here .
When is this going to be exposed ?

[GrangeParkCobbler]

This is where I get even more confused than usual. Didn't the club hand pack everything beyond what was the 100 metre home straight of the running track behind the east? This was to allow the council to develop that themselves so they could write off the 10million from the clubs perspective.

Or is there another plot of land that was handed back and the land beyond the near side of the track is still on these leases?

this was my understanding too.....the club relinquished all the leases apart from basically what is the stadium footprint. The Council made a big deal about a) taking back the land to sell off for development themselves and recover the £10.75m that way, and b) take legal steps to recover the £10.75m by chasing the "culprits"

They've actually managed to do neither so far!!

[EssTeeFree]

So if that is the case what land do people suspect KT&DB of trying to grab, what other development is  there to be done?

[Battery Man]

I just wish either the council or KT would post a plan showing the leases and who owns what, we could then know which one of them is telling lies about the set up at the minute it is just a complete mess with neither side looking to clever.

[clarkeysntfc]

Well, apparently you are more ITK than just about everyone else, given that you said:"KT and his group have proposed multiple options for developing the land around the stadium from retail to offices, distribution sheds etc etc. They have also provided proven funding of £ millions."

Because I asked what they had proposed and what funding was available you doughnut.

[JollyCobbler]

Because I asked what they had proposed and what funding was available you doughnut.

Yeah, right. So he isn't prepared to put anything in the public domain, and yet a complete stranger emailed him and he was upfront with all the plans. Perhaps you could enlighten the masses as to exactly what the development deal is beyond the East stand? And while you are at it, can you also clarify the boundary issue, and explain whether the stand will be finished using ring-fenced funds, or will the money need to come via further developments?
C'mon, big man. Now's your chance. Explain yourself.

[guest1269]

So if that is the case what land do people suspect KT&DB of trying to grab, what other development is  there to be done?

....as said before - because it suits their conspiracy theories.

I defy anyone to clearly state the issue in it's entirety but seems clear to me this is not a "land grab" exercise and anyone who has ever purchased property or land leasehold would be totally bonkers not to get the necessary legal clarification & release of overlapping agreements before investing in infrastructure improvements.

 For me the council is rotten to the core and definitely frustrating the lease issue - it is run by a man who is unfit to be in public office, and as a body have proven themselves to be incompetent time and time again.

Overall I tend to believe KT on the lease aspect - he is not however in my opinion blameless and although you have to be careful what you promise (to unreasonable football fans) when you are not in full control of the situation more transparency on his actual intentions would definitely help his PR standing for the majority - of course the vitriolic minority will always hold to their opinion irrespective of facts or well intentioned shared plans.

[Terryfenwickatemyhamster]

C'mon, big man. Now's your chance. Explain yourself.

Yeah... Fcuking tell me everything you know, or you will have to deal with the consequences of my total disappointment in you.. 

[JollyCobbler]

Yeah... Fcuking tell me everything you know, or you will have to deal with the consequences of my total disappointment in you.. 

True. But he's the one claiming to know all the answers, so why not actually disclose some facts to his fellow fans?

[clarkeysntfc]

C'mon, big man. Now's your chance. Explain yourself.

 

[JollyCobbler]

This is where I get even more confused than usual. Didn't the club hand pack everything beyond what was the 100 metre home straight of the running track behind the east? This was to allow the council to develop that themselves so they could write off the 10million from the clubs perspective.

Or is there another plot of land that was handed back and the land beyond the near side of the track is still on these leases?

KT's group signed a Memorandum of Understanding with the Council as part of the takeover deal. But from what I can see, NTFC had already surrendered the leasehold on the athletics area as part of the expansion deal between NBC and CDNL, so I assume the MoU concerned land to the other side of the stadium. Maybe the car parking areas?
As Cobblerwatch says, it probably isn't so much a land grab, as more a case of untangling an already tangled web.
Kelvin's group now hold the leases which NBC sold to CDNL for £1 (this includes the athletics area). They seem to be trying to revert control of the athletics plot to NTFC. A sticking point could be that they are trying to hand additional land to the club (although this seems unlikely). Just as likely an issue could be that NBC is feeling peeved by how the former deal went sideways, and they would like to stifle any future actions in the name of CDNL.
If this is the issue it would seem petty, given that KT and company are nothing to do with the Cardozas. But petty and NBC often go hand in hand.

[Manwork04]

The council statement gave you a clue to what is going on, they mentioned at the start of their response that they usually don't conduct commercial business in public, get it now?
There is a big proposed commercial deal going on with an out of town development next to Sixfields (PTS)

[Terryfenwickatemyhamster]

So... There's been no interest from the much touted "local consortium" that have been waiting patiently in the wings for a chance to leap at this potential powerhouse of football.

Equally, the club appears to be coping quite well with the deluge of interested parties 

So what we are looking at, is a potential investor, who needs to maximise the revenue of the club by getting what he/she can from the council. Or at the very least just clarification IN WRITING that they won't have the carpet pulled from under them when they do suggest something.

The last one sounds familiar.