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NTFC Trust Presentation to WNC

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« Reply #20 on: September 10, 2021, 10:41:35 am »

The club is run by the staff (up to and including the CEO) who are local. It's just owned by people who happen to be based abroad. Yes, they are ultimately the ones who steer our overall strategy, but where they live doesn't bother me in the slightest. We live in a smaller world now. I'm currently sitting at a desk nearly 200 miles away from the office my contract says I'm based out of. I've no plans to go back there any time in the future either, but it doesn't affect my ability to do my job.

If you look at the numbers, actually Exeter aren't doing that well. They made a lot of money from selling a player and that's been subsidising them. Without that buffer they would be losing money. I'll caveat that by saying it was probably 12 months since I looked into their finances, so it might have changed since, but that certainly was the case.

Lastly, I'm not against local ownership. I'm against fan ownership. If we happened to have a moneybags fan who wanted to buy and run the club then actually, brilliant, that's the best of both worlds. A ragtag collection of individuals coming together to pool their pennies would spell disaster though, especially if (and I'm genuinely sorry to say this) the current Trust were anywhere near it.
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