At no time did Thomas or the Cardozas pull millions out from their personal bank accounts to use for investment into the football club, so why do you think all of sudden we would need a vast amount of bank loans in order for any new owners/ consortium/ supporters run club to take the next step?
It would need a big push to entice 1500 lapsed fans to return and be joined by 1500 new recruits to get on board in a stadium that is being redeveloped in stages with the help of dozens of local buisneses and well wishers making things happen.
I fully understand your blinkered point of view that things will remain at the same low point as it is now, but you must not underestimate how easily momentum builds when a Town and catchment find a genuine sense of pride and a belief in a local club and its efforts to rebuild its infrastructure.
If Northampton town fc had some real direction with genuine well publiced development plans that supporters can actully see and gives the stadium a professional outlook, they will back it to the hilt.
Our lowly football club with its 1980s facilities is not going attract bids in the millions so hopefully Thomas will off soon and the club able to finally see some steady growth.
No, but Melbourne's point is they were able to show they had those financial resources set aside, thus making them a safer bet. Given NTFC's poor credit rating (post Cardoza) and lack of tangible assets, any talk of fan ownership is pie in the sky without some deep pocketed fans willing to risk their own wealth.
Get real. The club doesn't even own a ground FFS!
If Pompey's (far greater numbers of) fans had defaulted on the club's debts, at least the Fratton Park footprint presented financial return on any accrued debt.