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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1819262 times)
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BedsCobb
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« Reply #20840 on: March 02, 2018, 23:21:25 pm »

You’ll like this Beds, an article written in 2017 in the Telegraph detailing what has happened to every club who has moved ground since 1988. There are over 30 examples including us. People can make up their own minds regarding how likely redevelopment is to bring success and/or move the club forward as you claim. Bare in mind it is this kind of information you would need to address to secure any finance and attract investors. Given that you are so critical and vocal regarding the current owners on this subject with statements like “killing the club” I think it reasonable that you at least make a decent case for identifying how they would raise the capital? So far virtually all your posts are based on opinion, which is fine but doesn’t solve the major flaw with your proposals. I have tried to get you to engage in this by asking you to address 1 specific (and in fairness most extreme) example, which up till now you have declined to fully do. May I suggest you have a try at using facts and see how you get on? Also in fairness to you it’s not cut and dried and there are varying results in here, some disastrous, others not so, but this exercise is about the theory behind my argument regarding the difficulty in convincing financial institutions that redevelopment is a sound and attractive opportunity post financial crisis? In conclusion can I also ask how likely you would be to remortgage your house and buy shares in the club based on your findings should the opportunity present itself, because that is what you are probably asking others to do? (And incidentally what the council should have asked the Cardozas to do in terms of security)?
https://www.telegraph.co.uk/football/0/happens-next-team-moves-stadium-every-new-ground-since-1988/new-york-stadium/
Firstly we dont need another new ground but greatly improve what we have as its unfit for purpose.
I have long come to the opinion Thomas and co wont be putting in a single penny but hope to make lots of money from selling the land they so badly need the council to give them in order to drop a few crumbs in the clubs coffers as the run to the hills...Yes worst case scenario but until he makes it clear as to why they are actully  here I reserve the right to assume the worse.
Again to have a modicum of sustainable investment in building up the ground to an acceptable state to increase the clubs revenues  can be acheivable in a number of ways which can be by using future incomes, naming rights, many different forms of sponsorship and the old getting investors on board that will actually invest, be they british chinese or any other place but willing investment parties.
All clubs need to build its infrastructure  to allow them to maximise gate and match day food and beverage takings as well as corperate boxes and general match day sponsorship revenues.
Even you have to agree Northampton town in its current state is a long way from what you would realistically call its maximum potential,  I would say we are currently only running at a third of what we could be due to being held back over the past 14 years and its this reason our club is struggling  to compete and stay in league 1 as we just aren't equipped to survive.

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