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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1822955 times)
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JollyCobbler
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« Reply #21740 on: June 09, 2018, 13:07:13 pm »

so reading that report, and looking at the map...

Kt does not seem to have been full of it, and on a land grab mission?

What do the detractors think about that?

Well, fair does I can understand why KT & co wanted this area returned to NTFC, and fair play for having achieved this. I can even sort of accept their version of events that they "acquired the CDNL land leases to protect the football club". However, it doesn't alter the fact they agreed a MoU with NBC, in which NBC planned on recovering all the land issued to CDNL, and they then leapfrogged the Council to get control of those leases.

So, as it stands, any issue affecting NTFC's build on that plot is now resolved. However, KT & Bower now hold leases for land on which several twenty-million plus offers have already been received - and this was just for the land, so imagine the potential profit margin.

KT will have to work with the Council to forward any development of the much larger plot, so hopefully a deal can still be struck wherein the Council are quids in (including recovering an additional 10 million). If a full land development goes ahead I would like to see the East pulled down and rebuilt to decent specs, though I suspect it'll be a cold day in Hell.
Personally, I wouldn't rule out CDNL (current owners) just offloading the land for a hefty profit and vacating all things Northampton.

The way I see it the jury is still out. If NBC and KT/DB all make good money, and the club end up with a better stadium with realistically improved capacity, then Kelvin Thomas becomes a hero and will go down as a bit of a legend. If we end up back in the basement division with a ****-pit East Stand, and KT/DB bail with a hefty profit achieved by gazumping NBC to those leases, well, that'd tell us all we needed to know.

Over to you, Kelvin.
« Last Edit: June 09, 2018, 13:44:15 pm by JollyCobbler » Report Spam   Logged
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