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Redevelopment Closer Than Ever?

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Vintage Cobbler
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« Reply #25380 on: August 30, 2019, 07:15:22 am »

You can always rely on the C&E to provide a “soft” platform for KT to air his views.  BBC Northampton is no different.  Yesterday’s article is not unexpected post Bury. After many months of silence from the Chairman its purpose is to remind us all we should be eternally grateful to him for riding into town 4 years ago and rescuing the club from oblivion.  KT has dined out on that one for quite long enough.  Let’s move on and get back to proper scrutiny of KT's stewardship of the club.

On the redevelopment/East Stand situation the article was a masterclass once more in obfuscation from KT.  Cutting through he usual Thomas smokescreen the message is that once more progress depends on the Council viz: “…… we need some help along the way from the council”.  What that help is he naturally sheds no light on. But the Council have made it clear that there is nothing at all to stop our owners proceeding to complete the East Stand.  As for help from the Council, it wrote off £10.25 million of debt owing from NTFC in 2015 on the understanding that Ventures with £4million of liquid funds would finish the stand.  Our owners have failed to keep their part of the bargain and now they want more porridge.  But unlike Oliver they are not starving. 

On 30 April 2018 KT in an “interview” from the Sixfields Studios laid into the Council over the continuing delay over resolution of the boundary issues behind the East Stand.  He claimed “lack of communication from the Council”, that he (i.e. the club) was being “treated harshly by the Council” that it was “agreed that the Council needs to regularise” the leases.  Remember KT told supporters that correcting the lease situation was the only thing holding up the redevelopment progressing. On 13 June 2018 the NBC Cabinet approved the legal document that would have removed CDNL from having any leasehold interest on the land from the immediate back of the East Stand to the middle of the athletic track.  CDNL (KT/DB) have failed to sign that document.  Why we should ask.  In yesterday’s article KT had the effrontery to say in the context of the land behind the East Stand and well over 14 months since the legal document was sent to his lawyers for signature “We are trying to get that done, but we do need some urgency on it because we want to make sure we are in the position to move on and get that stand built”.  KT has moved the goalposts.

As always with anything KT says there is a lot of froth and very little substance.  KT continues to kick the redevelopment can down the road and will continue to do so with the help of an uncritical and willing local media and a complacent supporter base until he gets what he wants from the Council.  He may succeed but whether it is for the benefit of NTFC and its supporters or for the benefit of CDNL and its owners is the burning issue.  That both supporters and our owners will be happy when we reach the end of this saga I doubt very much.
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