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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1843550 times)
Another Pedj, west stand oap, Melbourne Cobbler, TVOR and 33 Guests are viewing this topic.
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« Reply #25740 on: October 09, 2019, 02:17:11 am »

Er, I am sure there is a straightforward answer to this? If the ownership of the land has transferred to the football club and KT & DB have the controlling interest over NTFC and by definition the majority decision regarding what happens to its assets, what’s the difference? For example, what would prevent them from selling the land, generating a large profit for the club and then pay themselves a dividend from the profit? If this remains a possibility I don’t really see how this offers anything more than faith that the owners will use the money to benefit the club, pretty much like when the land was owned by CDNL? Like I said, I am sure this will all be clarified at some point and there will be something I have missed?
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