If your comments are to believed why did he not buy it for a pound when KT and DC stepped up to the plate?
My same comment to you, as it is now to KT, is it's easy to 'talk the talk, try walking the walk'!!!
As I understand it the notion that the club was purchased for a pound is at best naive.
There was substantial debt and bills that were picked up including many that the new owners were unaware of.
The reason he didn’t bother was the timescale.
It was a rush job to get any deal done and proper due diligence could never be completed...
The checks KT/DB managed were in no way comprehensive due to timescale restraints placed upon them , this resulted in surprises being found which from memory I think they acknowledged at the time.
It was hard enough for new owners taking over just carrying on as was (and let’s not forget nothing has really changed in the grand scheme of things)
To pour in excess of £50M into a club without having time to properly look at finances , purchase land for a new stadium , have talks with the council regards the future of sixfields etc was certainly not viable given a two/three week period.
In short had my friend decided to buy the club it would have been a major investment which would have meant the club leaving sixfields and cutting ties with the council who own the ground and building a new fit for purpose stadium to take the club into the next century...
At the moment he is keeping an eye on another sporting opportunity that may arise within the county in which to invest.
It actually has the chance to be more profitable than buying ntfc and would take less time to return a profit on investment.
Buying football clubs is a high risk investment but in my friends opinion Northampton was one of a handful of clubs in the country that had a good chance of being able to sell on for large profit in the next decade if you were in the championship with regular gates of 20,000 plus.
He does however fear that the time to move on this has passed as the football world is changing and the small clubs will remain forever small.
He did say interestingly that his ideas for the clubs future were no different than max griggs plans many years ago.
He maintains that if the club had the foresight to embrace Griggs at the time then the club would have been in the premiership now...
Which when you look at the current situation of adding a few corporate boxes and a lick of paint to a sub 10,000 seater stadium it goes to show how far away the club actually are from ever being a serious proposition.
To get things back on topic there will be many managers like KC who come here on the back of promises and sound bytes of a bright future but in reality they are doomed to failure.
MK have walked before they run and it will take another generation before their wonderful stadium is filled with local born and bred fans.
Peterborough have got the rate of progression spot on and will be a championship regular soon enough with adequate facilities to maintain that level of football and will receive the riches that come with it.
The cobblers will trundle on much like the last decade with an unfinished redevelopment with the irony being that it has taken so long that the current redevelopment is no longer fit for purpose and will actually serve very little benefit whatsoever...
Time has ticked on and other clubs are redeveloping or building 20,000 plus stadiums for the future, the cobblers are getting nowhere with an 8,500 seater stadium.
The club is not in great shape for the future whatever anyone says as their ambition is so small and they have no hope of attracting managers/players of the right calibre when their future is as a league two club.
That in reality is where the club are now a league two club masquerading in league one.
Even the current owners have said on record that extra investment is needed over and above what they can offer in order for the cobblers to go to the next level hence the Chinese fiasco (never mentioned nowadays)
There will be many KCs come and go but until the fan base realises the reality of the situation and lowers its expectations nothing will change.
In football you get what you put in and ambition ultimately leads to success.
There are now quite a few league one clubs with ambition and finance to get into the championship but sadly we are not one.
No amount of different managers will change that anytime soon.