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Fan Ownership

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Author Topic: Fan Ownership  (Read 16033 times)
JollyCobbler
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« Reply #380 on: March 11, 2019, 18:35:11 pm »

Exactly right. If you want the club you have to meet the asking price. He does not need to sell.

Of course he doesn't. It all comes down to at what point KT/DB decide they can't/won't invest anymore. There will come a tipping point, but it doesn't appear we are anywhere close to it yet, and it seems even less likely that the Trust would be in any position to meet the sort of price being touted.
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barton cobbler
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« Reply #381 on: March 11, 2019, 18:50:58 pm »

Of course he doesn't. It all comes down to at what point KT/DB decide they can't/won't invest anymore. There will come a tipping point, but it doesn't appear we are anywhere close to it yet, and it seems even less likely that the Trust would be in any position to meet the sort of price being touted.

I could put my house up for sale for £1M, but if is not worth £1m no one is going to buy it. KT says he and DB are funding NTFC, so how long will this continue? At the point they decide to stop funding the club they will have to sell at a realistic price
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clarkeysntfc
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« Reply #382 on: March 11, 2019, 18:51:40 pm »

To be honest Charles, I have enough money in my pocket to buy NTFC at the true value of what it's worth. KT has said that NTFC losses money but DB keeps funding it, why? There must be an end game, or is it that DB loves us so much that, I think, he's been to 2 home matches since he's been the owner ?

Absolute pie in the sky stuff from a trust board member, with a little snipe at the end. I thought you were not leading a hostile take over?
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wazzacobbler
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« Reply #383 on: March 11, 2019, 18:58:46 pm »

To be honest Charles, I have enough money in my pocket to buy NTFC at the true value of what it's worth. KT has said that NTFC losses money but DB keeps funding it, why? There must be an end game, or is it that DB loves us so much that, I think, he's been to 2 home matches since he's been the owner ?

Sorry Roger, only just seen this reply from you.
I don't know the answer to your question about DB. It's something I would have to ask him but as you know, I haven't met him.
I suspect there must be an end game but while he is happy to fund the club that end game is not in sight. I presume, the end game is to complete the stand. That's the impression I got when speaking to KT. They said they would do it and they want to get it done.
I have no reason to distrust Kelvin.
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Another Pedj
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« Reply #384 on: March 11, 2019, 19:01:20 pm »

I could put my house up for sale for £1M, but if is not worth £1m no one is going to buy it. KT says he and DB are funding NTFC, so how long will this continue? At the point they decide to stop funding the club they will have to sell at a realistic price

Even then it will go to the highest bidder.  If you want the club buy it. Beds has told you how to make it pay in only a couple of years.
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barton cobbler
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« Reply #385 on: March 11, 2019, 19:03:18 pm »

Absolute pie in the sky stuff from a trust board member, with a little snipe at the end. I thought you were not leading a hostile take over?
What is pie in the sky then, serious question?
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clarkeysntfc
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« Reply #386 on: March 11, 2019, 19:09:45 pm »

What is pie in the sky then, serious question?

The concept that your organisation will get hold of the club without a properly costed business plan, and hard evidence of proof of funds to a) purchase the business and b) support it as a going concern.
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barton cobbler
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« Reply #387 on: March 11, 2019, 19:18:07 pm »

The concept that your organisation will get hold of the club without a properly costed business plan, and hard evidence of proof of funds to a) purchase the business and b) support it as a going concern.

Could you please point out where the Trust have said ANY of the above ? What I said in my post, and it's my post NOT the Trust's, is that the club is worth next to nothing as a business, as it losses money and has zero assets.
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Terryfenwickatemyhamster
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« Reply #388 on: March 11, 2019, 19:30:53 pm »

This going round in circles..

Let’s face it. KT views the club and the land as one, as he and his backers have a an interest in either one of them or both. Some people seem to think he is solely interested in the land. Some think both. It’s irrelevant. It doesn’t matter a jot.

They own it. They are entitled to sell it how they want. If you can meet that sum, they will sell it. But be sure of one thing. If they should throw in the towel and decide to sell it for a quid. I wouldn’t be too sure the Trust would be the preferred buyer.

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« Reply #389 on: March 11, 2019, 19:55:34 pm »

This going round in circles..

Let’s face it. KT views the club and the land as one, as he and his backers have a an interest in either one of them or both. Some people seem to think he is solely interested in the land. Some think both. It’s irrelevant. It doesn’t matter a jot.

They own it. They are entitled to sell it how they want. If you can meet that sum, they will sell it. But be sure of one thing. If they should throw in the towel and decide to sell it for a quid. I wouldn’t be too sure the Trust would be the preferred buyer.



Amen to that.
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JollyCobbler
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« Reply #390 on: March 11, 2019, 20:19:33 pm »

I could put my house up for sale for £1M, but if is not worth £1m no one is going to buy it. KT says he and DB are funding NTFC, so how long will this continue? At the point they decide to stop funding the club they will have to sell at a realistic price

Exactly.
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DrillingCobbler
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« Reply #391 on: March 11, 2019, 20:40:13 pm »

The document that was circulated yesterday was not seen by the Trust Board. As a trust board member, the first I knew of it was when I went on to twitter yesterday evening.

From my prospective, its a huge embarrassment. I actually quite like a formation which includes wing backs   Wink

In all seriousness though; it shouldn't have been distributed with the Trusts name on it and I hope that the person responsible for putting it together confirms that very soon.


« Last Edit: March 11, 2019, 20:41:46 pm by DrillingCobbler » Report Spam   Logged
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« Reply #392 on: March 11, 2019, 20:59:03 pm »

If this was released by anyone from the Trust then I'm afraid the Trust has a large amount of issues within itself to sort out before it can get the backing of the majority of the fanbase.
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wazzacobbler
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« Reply #393 on: March 11, 2019, 21:10:44 pm »

The document that was circulated yesterday was not seen by the Trust Board. As a trust board member, the first I knew of it was when I went on to twitter yesterday evening.

From my prospective, its a huge embarrassment. I actually quite like a formation which includes wing backs   Wink

In all seriousness though; it shouldn't have been distributed with the Trusts name on it and I hope that the person responsible for putting it together confirms that very soon.




Please tell me you're joking! The Trust Twitter page puts out a tweet stating that Project:Proud To Be is available to read for all attendees of the meeting, is handed out to everyone who attends the meeting, defends the document on Twitter today after the podcast and Jeremy Casey post it online and now you say the document was not a Trust document.

Please, please tell me you're messing around
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BackOfTheNet
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« Reply #394 on: March 11, 2019, 21:10:58 pm »

The document that was circulated yesterday was not seen by the Trust Board. As a trust board member, the first I knew of it was when I went on to twitter yesterday evening.

From my prospective, its a huge embarrassment. I actually quite like a formation which includes wing backs   Wink

In all seriousness though; it shouldn't have been distributed with the Trusts name on it and I hope that the person responsible for putting it together confirms that very soon.




I'm not disputing what you say there Drilling, but bloody hell, how on earth could the Trust board allow that to happen? There were photos of piles of the document posted on Twitter to build interest in the meeting. Didn't anyone from the Trust board think, even for a moment, "I wonder what's being distributed with our name on it?" ahead of the self-proclaimed most important meeting since the Exeter Rooms?!
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DrillingCobbler
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« Reply #395 on: March 11, 2019, 21:20:11 pm »

I'm not disputing what you say there Drilling, but bloody hell, how on earth could the Trust board allow that to happen? There were photos of piles of the document posted on Twitter to build interest in the meeting. Didn't anyone from the Trust board think, even for a moment, "I wonder what's being distributed with our name on it?" ahead of the self-proclaimed most important meeting since the Exeter Rooms?!

Im going to avoid answering any questions this evening on the matter mate. My previous comment was to distant myself from it because there is absolutely zero chance I would have signed that off.

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« Reply #396 on: March 11, 2019, 21:25:05 pm »

Then I would question other motives in the room.
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Irchy cob
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« Reply #397 on: March 11, 2019, 21:36:50 pm »

Christ, what a pigs ear.
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ntfclad
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« Reply #398 on: March 11, 2019, 21:54:04 pm »

I’d be very surprised if anyone other than Meccano wrote that document.

Qualities needed in a future Cobblers player: visionary and gentleman. A couple of good points lost in a **** barrel load of s***e.
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Irchy cob
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« Reply #399 on: March 11, 2019, 22:03:41 pm »

I’d be very surprised if anyone other than Meccano wrote that document.

Qualities needed in a future Cobblers player: visionary and gentleman. A couple of good points lost in a **** barrel load of s***e.

I think it’s very safe to assume that it was meccano given that he has posted chunks of it on here over the last few months whilst repeatedly saying “we need to keep an open mind”.
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