The Hotel End
April 18, 2024, 15:16:53 pm
Welcome, Guest. Please login or register.
Did you miss your activation email?

Login with username, password and session length
News:
 
  Home Help Search Arcade Downloads Gallery Links Staff List Calendar Login Register Chat  

Trust Making Bid for Fan Ownership?

Pages: 1 2 3 4 5 6 7 [8]   Go Down
  Print  
Author Topic: Trust Making Bid for Fan Ownership?  (Read 7124 times)
0 Members and 2 Guests are viewing this topic.
meccanostand
Hero Member
*****
Offline Offline

Posts: 1063


View Profile
Badges: (View All)
« Reply #140 on: December 05, 2018, 16:02:09 pm »

The initial injection was I believe £1.25M  This increased to approx £1.5M  but additional  losses have accumulated over the last year.
  They are looking to recover the cash injections to date this plus a premium, hence why none of the interested parties have come forward with an acceptable offer.



We'll have to take your figures with a pinch of salt but if we did take them on face value. If you had £1.5 million + and were interested in the club would you hand that over to cover what could be sunk (unrecoverable) costs from Bower's running of the club? Unlikely. You'd wait until the club was next up for sale at a fair price.

Clubs are well known money pits, the way you increase their value is via infrastructure, significant fan-base growth and ultimately success on the pitch and access to improved TV payments. The current owners as yet have done little on these fronts.

The club has minimal infrastructure, potentially accumulated losses that you point out and an East Stand to finish etc etc. We all laughed at Giovanni De Stefano who offered a pound, Cardoza said in court he traded it to the Bower consortium for a quid. There's a pattern forming.


« Last Edit: December 05, 2018, 16:06:45 pm by meccanostand » Report Spam   Logged
Pages: 1 2 3 4 5 6 7 [8]   Go Up
  Print  
 
Jump to:  

Powered by EzPortal
Parental guidance is urged as this messageboard may not be suitable for all persons especially those under the age of 16 as the forums may contain words, phrases and expressions not considered appropriate for a younger audience so please express caution. If any posts in the forums offend you, please let us know and we will look at them and if we agree with your complaint, we will remove them. You are personally responsible and potentially liable for the contents of your posting and may be sued should your posting contain content of a defamatory or other illegal nature. Every message posted leaves a traceable IP number. We check the forums at various times of the day and remove offending posts. Other supporters are welcome but abusive or silly posts will be removed and the offenders potentially barred from future access to the site. We advise that you never reveal any personal information about yourself or anyone else (for example: telephone number, home address or email address), and please do not include postal addresses of any kind. This messageboard is not endorsed or in any way affiliated with Northampton Town FC. All postings on this board become copyright of The Hotel End & may not be reproduced without the permission of the board administrator. By signing up to this message board you agree to this. The Hotel End cannot be held liable for the actions or postings of its members. The Hotel End reserve the right to edit, delete, move or close any thread for any reason. The Hotel End may disclose user information to government authorities at their discretion or when required by law. The Hotel End may also disclose user information when The Hotel End has reason to believe that someone is causing injury to or interference with its rights or property, other The Hotel End users, or anyone else that could be harmed by such activities. By registering for The Hotel End, you agree to indemnify The Hotel End its representatives, and agents, and hold them harmless from any and all claims (including claims for legal fees) which may arise from your participation on the The Hotel End. You also agree that The Hotel End is not responsible for the materials posted by users of The Hotel End. In addition, you grant The Hotel End and its affiliates, worldwide, royalty-free perpetual, irrevocable, non-exclusive right and license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform and display any message or content posted on The Hotel End and/or e-mail sent by you to The Hotel End (in whole or in part). The Hotel End reserves the right to make the rules up as it goes along. Thank you - The Hotel End I love Quidco
Bookmark this site!
Powered by SMF | SMF © 2016, Simple Machines
Privacy Policy