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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1032166 times)
memyhead
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« Reply #25520 on: August 30, 2019, 11:20:16 am »

How about KT gets all that he wants with the proviso he first demolishes the East Stand and re-builds it to the original spec we all thought we were getting...



https://www.bbc.co.uk/news/uk-england-northamptonshire-25010816

Plans to redevelop the East Stand at Northampton Town's Sixfields Stadium are being recommended for approval.

The scheme, which includes a directors' box and 10 corporate boxes, goes before Northampton Borough Council's planning committee on Tuesday.

If approved, capacity at the ground would increase, from 7,653 to 10,000.

Plans for the development, which would be part funded by a £12m loan from the borough council, also include a gym and conference suite.

Councillor David Mackintosh, leader of the council, said: "This planning application represents an important step in the expansion of Sixfields Stadium.

"Our sports clubs are an important part of life in our town and a significant benefit to the local economy.

"We as an administration have always recognised how important they are and we remain absolutely committed to supporting them."

The club also wants to improve its West Stand, with a new shop, bar and family areas.

« Last Edit: August 30, 2019, 11:22:23 am by memyhead » Report Spam   Logged
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« Reply #25521 on: August 30, 2019, 11:34:36 am »

30+ acres of land?  Shocked  Didn't realise it was that amount...

I am not sure of the acerage but you appear to be omitting that there are 2 leases held by CDNL. Lease 1 covers the area from the back of the East Stand to the other side of the running track.  Lease 2 is a much larger area including the North Gravel Car Park, the Overflow Car Park next to the Walter Tull pub, the refuse tip area and behind the running track a fair distance towards Franklins Gardens.  I think you had not taken Lease 2 into account.
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« Reply #25522 on: August 30, 2019, 11:44:01 am »

KT the saviour
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SadOldGit
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« Reply #25523 on: August 30, 2019, 11:53:36 am »

I am not sure of the acerage but you appear to be omitting that there are 2 leases held by CDNL. Lease 1 covers the area from the back of the East Stand to the other side of the running track.  Lease 2 is a much larger area including the North Gravel Car Park, the Overflow Car Park next to the Walter Tull pub, the refuse tip area and behind the running track a fair distance towards Franklins Gardens.  I think you had not taken Lease 2 into account.

I didn't know they had lease 2. How come the club lost the use of the car park there for a while if KT and his pals owned it?
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« Reply #25524 on: August 30, 2019, 11:59:31 am »

30+ acres of land?  Shocked  Didn't realise it was that amount...

Having seen copies of the initial leases, my best guestimate would be 31-34 acres. A very small parcel of that land is held NTFC, but the majority (which was gazumped from the council) is held by CDNL (Thomas & Bower). There's a few quid tied up there, right?
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« Reply #25525 on: August 30, 2019, 12:02:11 pm »

SoG, you are not alone.  A lot of people don't realise that the size of the potential development land held by CDNL is very extensive  Whilst there are contamination issues to be resolved on the land comprising Lease 2 the potential is significant.

I don't follow your question about the car park.  Which one?
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« Reply #25526 on: August 30, 2019, 12:20:31 pm »

Look, this is all fairly pointless. I keep saying it, KT is almost certainly not going to chuck 4 million+ on the ground with us in Division 2? It’s just not financially viable. He will most likely stall indefinitely until he can sell or we get a couple of promotions. It wont matter what the council does or doesn’t do. Going on about it is about as much use as talking to the cat. Looking at it dispassionately, frankly I don’t blame him, neither would I. Bit of a naughty boy though how he is managing expectations?
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« Reply #25527 on: August 30, 2019, 12:24:36 pm »

MC - I think you are missing the point in your comment about the wider development being referred to above.  But to focus on your comment and the £4m, if you are right it would mean our owners acquired the club under false pretences. Heaven forbid!
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« Reply #25528 on: August 30, 2019, 12:34:54 pm »

SoG, you are not alone.  A lot of people don't realise that the size of the potential development land held by CDNL is very extensive  Whilst there are contamination issues to be resolved on the land comprising Lease 2 the potential is significant.

I don't follow your question about the car park.  Which one?

Wasn't the North gravel park closed to us for a while?
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« Reply #25529 on: August 30, 2019, 12:58:27 pm »

MC - I think you are missing the point in your comment about the wider development being referred to above.  But to focus on your comment and the £4m, if you are right it would mean our owners acquired the club under false pretences. Heaven forbid!
I don’t know for sure VC obviously and am just speculating, but looking back the comment, paraphrasing “we have set aside 4 million to complete the East Stand” was (perhaps deliberately) a bit vague? I have always believed they missed off the caveat “ if financially viable to do so”. They have indicated as much, and to be fair all perfectly reasonable. Not really in the spirit of what was implied at the start though, and I think that is what is causing the groundswell of ill feeling, which is also understandable?
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« Reply #25530 on: August 30, 2019, 13:13:24 pm »

I don’t know for sure VC obviously and am just speculating, but looking back the comment, paraphrasing “we have set aside 4 million to complete the East Stand” was (perhaps deliberately) a bit vague? I have always believed they missed off the caveat “ if financially viable to do so”. They have indicated as much, and to be fair all perfectly reasonable. Not really in the spirit of what was implied at the start though, and I think that is what is causing the groundswell of ill feeling, which is also understandable?
It’s far from reasonable and you know it.
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Rule Britannia
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« Reply #25531 on: August 30, 2019, 13:14:09 pm »

How about KT gets all that he wants with the proviso he first demolishes the East Stand and re-builds it to the original spec we all thought we were getting...



https://www.bbc.co.uk/news/uk-england-northamptonshire-25010816

Plans to redevelop the East Stand at Northampton Town's Sixfields Stadium are being recommended for approval.

The scheme, which includes a directors' box and 10 corporate boxes, goes before Northampton Borough Council's planning committee on Tuesday.

If approved, capacity at the ground would increase, from 7,653 to 10,000.

Plans for the development, which would be part funded by a £12m loan from the borough council, also include a gym and conference suite.

Councillor David Mackintosh, leader of the council, said: "This planning application represents an important step in the expansion of Sixfields Stadium.

"Our sports clubs are an important part of life in our town and a significant benefit to the local economy.

"We as an administration have always recognised how important they are and we remain absolutely committed to supporting them."

The club also wants to improve its West Stand, with a new shop, bar and family areas.


And write off the debt of £5m yes.
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Rule Britannia
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« Reply #25532 on: August 30, 2019, 13:15:11 pm »

The clear understanding of NBC was Ventures made a commitment to complete the stand.  That was integral to NBC giving its consent to the purchase of the club. Immediately before the purchase took place a MoU was signed between Ventures and the Council.  The problem is that it was very poorly written and was legally non-binding.  Our owners have taken and continue to take full advantage of this.  
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« Reply #25533 on: August 30, 2019, 13:28:01 pm »

SoG - the North Gravel Car Park was owned by the Government Agency, Homes & Communities Agency until a few years ago.  I think you are right about it being closed to us for a short period but that would have been a decision of the Agency.

The freehold title is now owned by the Council.  The issue that could well face us supporters in the future is that if, as looks likely, CDNL is allowed to develop the land including the North Car Park and Overflow Car Park there is going to be traffic chaos on match days.  We have already lost permanently use of the South Car Park. 

But many on here continue to have faith that we can rely on KT always to put the best interests of the club and its supporters first.  After all, he said words to that effect as recently as yesterday's C&E article.  Mind you he also said to the BBC on 26 November 2015 there was £4 million in the kitty for East Stand and investment in the club. I wonder if it is still sitting there ready for use.
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« Reply #25534 on: August 30, 2019, 13:30:46 pm »

This was all done under the ticking clock of administration and expulsion from the league, if KT wants to push through the deal show the fans and people of Northampton the plans for the redevelopment of the East and get people on board, the vale of secrecy does him absolutely no favours.
I have no problem with KT and DB making a decent profit as long as NTFC and the people of Northampton get their fair share. Over to you KT.
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Rule Britannia
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« Reply #25535 on: August 30, 2019, 14:11:50 pm »

This was all done under the ticking clock of administration and expulsion from the league, if KT wants to push through the deal show the fans and people of Northampton the plans for the redevelopment of the East and get people on board, the vale of secrecy does him absolutely no favours.
I have no problem with KT and DB making a decent profit as long as NTFC and the people of Northampton get their fair share. Over to you KT.

Blimey a new Man04! Decent comment too!
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« Reply #25536 on: August 30, 2019, 14:40:18 pm »

It’s far from reasonable and you know it.
what I meant Manny is that it is reasonable not to spend 4 million when it is not financially viable to do so. What’s unreasonable is that a commitment was implied to the contrary at the front end.
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« Reply #25537 on: August 30, 2019, 14:53:30 pm »

This was all done under the ticking clock of administration and expulsion from the league, if KT wants to push through the deal show the fans and people of Northampton the plans for the redevelopment of the East and get people on board, the vale of secrecy does him absolutely no favours.
I have no problem with KT and DB making a decent profit as long as NTFC and the people of Northampton get their fair share. Over to you KT.
Agree with this 100%
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« Reply #25538 on: August 30, 2019, 14:58:52 pm »

Roger, it might be 'pie in the sky' but, in the near future, is it possible to get the Leader of NBC and KT together for a Q & A session?

At least fans could TRY and get some information directly!!!
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« Reply #25539 on: August 30, 2019, 15:04:06 pm »

Agree with this 100%

This is no time for naivety. The leopard cannot change its spots.
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