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Kelvin Thomas

Question: Should KT remain in his position at NTFC ?  (Voting closed: January 15, 2019, 22:03:57 pm)
Yes - 40 (51.9%)
No - 37 (48.1%)
Total Voters: 74

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Author Topic: Kelvin Thomas  (Read 6895 times)
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« Reply #20 on: January 09, 2019, 15:57:16 pm »

Here's my take on things. The parent company of the firm I work for got into financial bother a while back. It was nothing to do with us but it affected our cash flow and we had to go out and get a large credit facility put into place to tide us over. We got one and continued to operate as normal, but the company that offered the facility did so at a premium. We had to take it because without it we'd have been in trouble.

The company we borrowed from has no affinity with us or our line of business, no loyalty to us and no long term interest in our success - they simply saw a business opportunity and took it. Maybe they were taking advantage to a degree but the truth is, we owe them our survival.

The same is true for KT and DB. They are football people, certainly but first and foremost they are businessmen. They aren't Cobblers fans and they have (I presume) no long term desire to stay at the club. They didn't leap in out of the goodness of their hearts. They saw an opportunity and took it. As much as it pains some people to admit, the bulk of that opportunity wasn't a L2 football team on the bones of its arse, it was the associated land that surrounds it.

At the time, I'm sure we'd all agree it was a mutually beneficial relationship - in the short term they bail us out, steady the ship and get the east stand usable again (which it is, even if it's ****) and in the medium term they turn a profit from developing the surrounding land and (ideally) finishing off the east stand before moving along.

The problem is, the medium term has turned out to be a lot longer than anyone anticipated and it's given some people time to think about it and start going "hang on a minute, he's not a Cobblers fan, he's just here to make money!" and have started to work themselves into a lather about it.

The truth is, when KT and DB bailed us out we were happy to take their hands off because it saved our club. Maybe it's just because I'm a cold hearted capitalist and not an idealist, but to me we owe them the chance to make their money back, just as my company will eventually have to pay off the expensive credit facility we were granted.
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