The Hotel End
September 18, 2018, 15:04:42 pm
Welcome, Guest. Please login or register.
Did you miss your activation email?

Login with username, password and session length
News:
 
  Home Help Search Arcade Gallery Links Staff List Calendar Login Register  

Redevelopment Closer Than Ever?

Pages: 1 ... 1031 1032 1033 1034 1035 1036 1037 [1038] 1039 1040 1041 1042 1043 1044 1045 ... 1159   Go Down
  Print  
Author Topic: Redevelopment Closer Than Ever?  (Read 879022 times)
guest2487
Guest
« Reply #20740 on: January 18, 2018, 13:41:47 pm »

To be repaid Jan 31st 2018. What it means I dont know..Our first £1 Million player??

Interesting. Surely something related to the stand?

Unless Christian Lee has finally come up trumps.
Report Spam   Logged
bri77
Hero Member
*****
Offline Offline

Posts: 2186


View Profile
« Reply #20741 on: January 18, 2018, 13:58:35 pm »

Have I read this right that, Northampton Ventures borrowed a million from Kelvin Thomas and David Bower and now have until 31st to pay them back?
Report Spam   Logged
Zen Master
Hero Member
*****
Online Online

Posts: 2058


Taxi to Kings Heath mate?


View Profile
« Reply #20742 on: January 18, 2018, 14:06:23 pm »

Yes. David Bower and Kelvin Thomas are also directors of Ventures still alongside the two people named from China, yet Ventures is controlled by Fantastical ltd whose directors are Kelvin Thomas and David Bower.
The company lending it Belle de Jour are registered in the British Virgin Islands. If anyone would like me to pop over and ask questions and cover the cost I'm happy to do this.

What does it mean. No idea.
Report Spam   Logged

I think someone should just take this city of Peterborough and just... just flush it down the f***in' toilet
cj
Hero Member
*****
Offline Offline

Posts: 1654


View Profile
« Reply #20743 on: January 18, 2018, 14:34:40 pm »

It's not the case that Northampton Town Ventures have loaned Northampton Town football Club 1.1 million then?
Report Spam   Logged
Deepcut Cobbler
Administrator
*****
Offline Offline

Posts: 9530



View Profile
« Reply #20744 on: January 18, 2018, 14:42:36 pm »

It used to be so much better when I used to turn up at the County Ground, bought a programme, paid my entrance money, found somewhere to stand, read the names of those who were lining up for us, watched the match, invariably moaned, then went home whilst picking up a tanners worth of batter bits from the chippy, read the match report in the Green/Pink 'Un and then forgot about the Cobblers until the next home match.
Are we in receipt of much too much information now?
Report Spam   Logged

“They shall grow not old as we that are left grow old:
Age shall not weary them, nor the years condemn.
At the going down of the sun and in the morning
We will remember them.” Laurence Binyon

The Hotelend Grand National Sweepstake Champion 2009
BedsCobb
Hero Member
*****
Offline Offline

Posts: 1974


View Profile
« Reply #20745 on: January 18, 2018, 15:13:12 pm »

Six new signings would've cost upwards of £1m with wages etc.
Had we got relegated that would cost a damned sight more.
Report Spam   Logged
JollyCobbler
Hero Member
*****
Offline Offline

Posts: 4519


View Profile
« Reply #20746 on: January 18, 2018, 16:03:40 pm »

It used to be so much better when I used to turn up at the County Ground, bought a programme, paid my entrance money, found somewhere to stand, read the names of those who were lining up for us, watched the match, invariably moaned, then went home whilst picking up a tanners worth of batter bits from the chippy, read the match report in the Green/Pink 'Un and then forgot about the Cobblers until the next home match.
Are we in receipt of much too much information now?

As far as current ownership of the club goes, and associated liabilities, I'd venture we currently have too little information... I take your point, though. Sad
Report Spam   Logged
Manwork04
Hero Member
*****
Offline Offline

Posts: 2178



View Profile
« Reply #20747 on: January 18, 2018, 16:24:19 pm »

It used to be so much better when I used to turn up at the County Ground, bought a programme, paid my entrance money, found somewhere to stand, read the names of those who were lining up for us, watched the match, invariably moaned, then went home whilst picking up a tanners worth of batter bits from the chippy, read the match report in the Green/Pink 'Un and then forgot about the Cobblers until the next home match.
Are we in receipt of much too much information now?
Grin +1
Report Spam   Logged

Rule Britannia
Manwork04
Hero Member
*****
Offline Offline

Posts: 2178



View Profile
« Reply #20748 on: January 18, 2018, 16:25:17 pm »

Yes. David Bower and Kelvin Thomas are also directors of Ventures still alongside the two people named from China, yet Ventures is controlled by Fantastical ltd whose directors are Kelvin Thomas and David Bower.
The company lending it Belle de Jour are registered in the British Virgin Islands. If anyone would like me to pop over and ask questions and cover the cost I'm happy to do this.

What does it mean. No idea.
#skint
Report Spam   Logged

Rule Britannia
meccanostand
Hero Member
*****
Offline Offline

Posts: 823


View Profile
« Reply #20749 on: January 18, 2018, 16:57:37 pm »

It used to be so much better when I used to turn up at the County Ground, bought a programme, paid my entrance money, found somewhere to stand, read the names of those who were lining up for us, watched the match, invariably moaned, then went home whilst picking up a tanners worth of batter bits from the chippy, read the match report in the Green/Pink 'Un and then forgot about the Cobblers until the next home match.
Are we in receipt of much too much information now?

Then a quick jaunt to the Exeter Rooms to have it revealed we're a million in debt and close to going to the wall.
Report Spam   Logged
everbrite
Hero Member
*****
Offline Offline

Posts: 12062


Suffer fools gladly


View Profile
« Reply #20750 on: January 18, 2018, 17:04:02 pm »

To be repaid Jan 31st 2018. What it means I dont know..Our first £1 Million player??

Get GPC on the case ? I think? it was to cover players and wages etc
Report Spam   Logged

Don't mistake activity for achievement
GrangeParkCobbler
Hero Member
*****
Offline Offline

Posts: 4917


View Profile
« Reply #20751 on: January 18, 2018, 19:24:53 pm »

Get GPC on the case ? I think? it was to cover players and wages etc

So the way I read it is that Belle De Jour has lent the club £1.151m which is to be repaid by 31st January. Should this not be repaid by Northampton Town Ventures (the owners of the club) then NT Ventures shares to the tune of the above amount will transfer to Belle De Jour or NT Ventures will issue new shares direct to BDJ.

To put it simply it looks like Thomas and Bower will (re)gain a large chunk of NT Ventures one way or another........and it looks like this investment that seems to be bankrolling the January transfer spree has come from them and not 5USports.
Report Spam   Logged

The Hotel End GTA Champion 2006/7, 2007/8, 2011/12 and 2012/13

Cardoza?? Who??
Manwork04
Hero Member
*****
Offline Offline

Posts: 2178



View Profile
« Reply #20752 on: January 18, 2018, 20:23:26 pm »

Correct In the way of a loan GPC, much the same way as the captain did.
Now do you get the # skint
Report Spam   Logged

Rule Britannia
unicobbler
Hero Member
*****
Offline Offline

Posts: 1286


View Profile
« Reply #20753 on: January 19, 2018, 07:40:29 am »

Correct In the way of a loan GPC, much the same way as the captain did.
Now do you get the # skint
The way I read this is that Kelvin and David have businesses and money outside of the football club.
They are willing to use that money from one of their business in order to keep their other business (NTFC) in the more profitable League 1 but have the security of the loan repayment or shares in order to protect both their interests. With the either or arrangement there wont be any outstanding debt come the repayment date

Essentially its a way of our owner moving his own money around in a way that keeps all of his business interests profitable whilst having a degree of protection
Report Spam   Logged
clarkeysntfc
Hero Member
*****
Offline Offline

Posts: 3153


View Profile
« Reply #20754 on: January 19, 2018, 07:50:15 am »

Has anyone actually asked Kelvin via Facebook or email?
Report Spam   Logged
Vintage Cobbler
Hero Member
*****
Offline Offline

Posts: 2067


View Profile
« Reply #20755 on: January 19, 2018, 08:52:42 am »

On the face of it, a matter for concern.  A short-term loan of 3 weeks for £1,151million is made to NTFC and secured on the share capital of the football club held by Ventures.  This development appears to remove the assumption that the Chinese have quietly come good and have been bank rolling our January spending spree.  The loan period is unusually short and the loan is due to be repaid on 31 January.  I don't think the January gate receipts are going to cover this so the question is how is the club going to honour its repayment commitment.  Answers please, Mr Chairman with, for once, some clarity and without bull-****.

Report Spam   Logged
Onetouch
Full Member
***
Offline Offline

Posts: 112


View Profile
« Reply #20756 on: January 19, 2018, 08:59:28 am »

It could be that KT has paid the money into the club and 5uSport will pay him back on the 31st Jan.
Report Spam   Logged
GrangeParkCobbler
Hero Member
*****
Offline Offline

Posts: 4917


View Profile
« Reply #20757 on: January 19, 2018, 09:05:34 am »

The way I read this is that Kelvin and David have businesses and money outside of the football club.
They are willing to use that money from one of their business in order to keep their other business (NTFC) in the more profitable League 1 but have the security of the loan repayment or shares in order to protect both their interests. With the either or arrangement there wont be any outstanding debt come the repayment date

Essentially its a way of our owner moving his own money around in a way that keeps all of his business interests profitable whilst having a degree of protection

When you say "our owner", who do you mean?

Are you forgetting that 5USport took 60% of NTFC Ventures so effectively they are the owners.

This is a minority partner putting money into the club.
Report Spam   Logged

The Hotel End GTA Champion 2006/7, 2007/8, 2011/12 and 2012/13

Cardoza?? Who??
Vintage Cobbler
Hero Member
*****
Offline Offline

Posts: 2067


View Profile
« Reply #20758 on: January 19, 2018, 09:06:45 am »

I think we can be certain that it is not all KT's money by any means since he is a front man. Bower we know of and s well heeled but who is behind Belle De Jour Ltd?  It all comes down to transparency concerning which there has been an alarming absence since the Chinese arrived.  If it is all straight-forward then it can be easily explained. Like the redevelopment, the longer nothing happens without a convincing explanation the more suspicions will grow. Witness this thread in recent months.  
Report Spam   Logged
BedsCobb
Hero Member
*****
Offline Offline

Posts: 1974


View Profile
« Reply #20759 on: January 19, 2018, 12:36:18 pm »

Seriously hoping we avoid wracking up vast debts of the like we owed cardoza, £8,500.000 with absolutely nothing to show for them.


Report Spam   Logged
Pages: 1 ... 1031 1032 1033 1034 1035 1036 1037 [1038] 1039 1040 1041 1042 1043 1044 1045 ... 1159   Go Up
  Print  
 
Jump to:  

Powered by EzPortal
Parental guidance is urged as this messageboard may not be suitable for all persons especially those under the age of 16 as the forums may contain words, phrases and expressions not considered appropriate for a younger audience so please express caution. If any posts in the forums offend you, please let us know and we will look at them and if we agree with your complaint, we will remove them. You are personally responsible and potentially liable for the contents of your posting and may be sued should your posting contain content of a defamatory or other illegal nature. Every message posted leaves a traceable IP number. We check the forums at various times of the day and remove offending posts. Other supporters are welcome but abusive or silly posts will be removed and the offenders potentially barred from future access to the site. We advise that you never reveal any personal information about yourself or anyone else (for example: telephone number, home address or email address), and please do not include postal addresses of any kind. This messageboard is not endorsed or in any way affiliated with Northampton Town FC. All postings on this board become copyright of The Hotel End & may not be reproduced without the permission of the board administrator. By signing up to this message board you agree to this. The Hotel End cannot be held liable for the actions or postings of its members. The Hotel End reserve the right to edit, delete, move or close any thread for any reason. The Hotel End may disclose user information to government authorities at their discretion or when required by law. The Hotel End may also disclose user information when The Hotel End has reason to believe that someone is causing injury to or interference with its rights or property, other The Hotel End users, or anyone else that could be harmed by such activities. By registering for The Hotel End, you agree to indemnify The Hotel End its representatives, and agents, and hold them harmless from any and all claims (including claims for legal fees) which may arise from your participation on the The Hotel End. You also agree that The Hotel End is not responsible for the materials posted by users of The Hotel End. In addition, you grant The Hotel End and its affiliates, worldwide, royalty-free perpetual, irrevocable, non-exclusive right and license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform and display any message or content posted on The Hotel End and/or e-mail sent by you to The Hotel End (in whole or in part). The Hotel End reserves the right to make the rules up as it goes along. Thank you - The Hotel End I love Quidco
Bookmark this site! | Upgrade This Forum
SMFServer.com - Create your own Forum

Powered by SMF | SMF © 2016, Simple Machines
Privacy Policy