Hi CW, we actually agree
The only thing i would change is no 1. I feel their land deals does not benefit NTFC enough thats all.
No 2 - Do you mean they make £7m profit so they then walk away from the debt on the books? Bearing in mind they have already received £6.68m for the club so have just about made a profit already
Would you prefer a £3m poorly finished, basic East Stand or that £3m to be part of a bond, then raise more funds to give us better options for Sixfields
The problem the owners have is that WNC have to be seen to be doing the right by NTFC, (and Northampton) not the owners. Given KT's history with the council it is difficult to see them trusting him to do such a deal. The way out of this IMHO, is that the land deal and the ownership of NTFC is tied together. KT has made it clear he is here to make a profit and move on, so do a deal that CLEARLY benefits all parties, seeing KT retire off in the Florida sunset, if he wants. If he wants to stay in football then he would be able to. The alternative of no deal means he is stuck with a football club he and deffo DB doesn't want. What will they do then? wash their hands and walk away? won't be good for their reputations !
So do the land deal which splits the profits 3 ways KT/NTFC/WNC and KT walks away a hero having handing the club to an investment based community setup.
If that meant the club started with £5m what could we achieve, like you say with your bond idea.