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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1822983 times)
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Welly Cobb
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« Reply #30680 on: December 18, 2021, 14:48:11 pm »

Grass isnt always greener

https://www.washingtonpost.com/sports/2021/12/16/daryl-morey-crypto-nfts-english-soccer/

No puke emoji for me to put at the end of that sadly.
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« Reply #30681 on: December 18, 2021, 15:53:33 pm »

So Kelvin and David are loading the club with debt while seemingly taking money out, it’s a smart move because it will save them 38.1% dividend tax assuming they earn over £150k in the UK when they come to sell just leaving CGT.

As non residents any tax liability would only apply in their country of residence, so any rates quoted by the HMRC are void in their case. Just saying.
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« Reply #30682 on: December 18, 2021, 15:59:12 pm »

Grass isnt always greener

https://www.washingtonpost.com/sports/2021/12/16/daryl-morey-crypto-nfts-english-soccer/

No puke emoji for me to put at the end of that sadly.

That can only end badly!! Bradford City are the team they are talking about/with
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« Reply #30683 on: December 18, 2021, 16:02:26 pm »

As non residents any tax liability would only apply in their country of residence, so any rates quoted by the HMRC are void in their case. Just saying.
You pay CGT on Land and Property irrespective of where you live, sale of shares is in the country of domicile.
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« Reply #30684 on: December 18, 2021, 16:10:09 pm »

You pay CGT on Land and Property irrespective of where you live, sale of shares is in the country of domicile.

You wouldn’t pay 38.1% on any dividends though?
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« Reply #30685 on: December 18, 2021, 16:11:00 pm »

I did point out a few weeks ago that Newport County's turnover last year was £3.65M which is £310,000 less than our staff costs and they still made a profit of £307,000 with an average gate of 1,400 less than ours. Something doesn't seem to add up, does it ?
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« Reply #30686 on: December 18, 2021, 16:12:48 pm »

That can only end badly!! Bradford City are the team they are talking about/with
Even if it doesn’t it’s pyramid selling at its finest. The natural conclusion of all this is that every club gets owned by a cash rich entity. They can’t all play in the Prem can they?
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« Reply #30687 on: December 18, 2021, 18:01:09 pm »

I’ve heard from various sources that you like to run and tell KT and JW all that’s going on, especially on this forum so you could proof the questions for the owners?  Tongue



Well… Your sources are as honest as you..  Grin I have spoke to JW once in my life. For about 10 seconds. As for KT. I haven’t spoken to him in over 3 years. Then it was only to ask him some pertinent questions about the redevelopment. As I have said to you over and over again. I’m not part of the game. 
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« Reply #30688 on: December 18, 2021, 18:17:51 pm »

I think it’s pretty obvious where it’s going……

But have you got the balls to say it… Or are you another noise from the terraces, peddling speculation. For as long as I can remember, we have had to endure the likes of GPC and like minded groups/individuals hinting that something just doesn’t seem right. Well… Is it, or isn’t it right? Is something totally untoward going on or not? Because repeating the “writing is on the wall” mantra year after year isn’t brave. Or groundbreaking. If there is any evidence of impropriety, have the sense of conviction to come out and challenge. Personally, I have no idea. My main reason for leaving the Trust board, was because it seemed to go over the same ground constantly. I genuinely like the people on there. But it was like Groundhog day at every meeting. I feel that all these years later, we are at the same junction. I mean, Grange Park Cobbler.. Are you saying something corrupt is happening. Manwork… Are you saying something corrupt is going on? What exactly is the score as you see it. Clear it up for us?
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« Reply #30689 on: December 18, 2021, 18:22:02 pm »

Still waiting for Manwork's last big news...oh that's right he didn't actually know anything.
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« Reply #30690 on: December 18, 2021, 20:44:40 pm »

Can you even say that anything corrupt went on with David Cardoza?
When over £1m has been spent investigating the last one without an outcome, what chance does a common fan have to know what is actually going on, let alone say it?!
Our recent owners just haven’t run a very successful or profitable business, or improved the fan experience. Other than that who knows?
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« Reply #30691 on: December 18, 2021, 21:08:09 pm »

Can you even say that anything corrupt went on with David Cardoza?

 Grin Grin
Bless
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« Reply #30692 on: December 18, 2021, 21:12:57 pm »

Grin Grin
Bless

Innocent until proven guilty  Grin  Tongue
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« Reply #30693 on: December 18, 2021, 21:25:33 pm »

Innocent until proven guilty  Grin  Tongue


Did wonder why he was arrested/questioned?
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« Reply #30694 on: December 19, 2021, 15:04:57 pm »

I have spent a decent chunk of my life working for rich, some exceptionally rich men. I was fortunate enough, depending on how you look at it, to have worked at a level where I had a very good insight into their dealings. As well as being allowed to spend a lot of their money 😁 I could bore you all with many stories of dealings that were let’s say, morally questionable. However, I was acutely aware that whilst taking full advantage of the many avenues to increase both personal and company wealth, they never broke the law.

I cannot and will not speculate on the business affairs of NTFC, unless of course I had some concrete proof. And if I did comment, it would not be on a message board. It would be to the appropriate authorities. I know that for whatever reason, there are some who have been trying desperately to pin something on KT and DB. It’s not for me to question their motives or agenda. They most likely are totally wholesome. Whilst I would never be bold enough to rule out something cropping up in the future, thus far they appear to have nothing more than inference and conjecture. For me personally, I can only reside in one of the afore mentioned camps. The innocent until proved guilty camp.

I find it amazing that any group or individual can conclude anything, with the peripheral level of information they have at their disposal. In terms of the council v Cardoza debacle, we have some of the finest forensic accountants and fraud squad detectives, working away for years now. So far without any conclusion. In what to most seems a clear cut case. Yet without any specialist knowledge, or no real evidence at their disposal, we are supposed to believe that a few local bods have KT and DB banged to rights. REALLY? 😀😀. And yet having unearthed the crime of the century, they lack the spine to pursue it through the appropriate channels.

If, and it’s a genuine if, there is something going on and someone has proof, I’m right behind you. I am absolutely 100% happy to have my opinion changed. I openly invite any organisation or individual to enlighten me. Then I’m 100% invested in your plight. I am totally on board (whilst questioning some of the methods used) with the scrutiny of the redevelopment. Anything that happens in that respect requires outside scrutiny and needs to ensure that it safeguards and ensures the future of the club and appropriate revenue streams into the team and supporter experience. But, my greatest sadness, as I have said before, is the clear and obvious race to the bottom that we have seen over recent years. Hopefully that will stop, and the future can really be brighter. We could certainly do with it at the moment.

I’m off for my Christmas break now.. So merry Christmas and a happy new year to you all and the mighty NTFC..
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« Reply #30695 on: December 19, 2021, 15:11:54 pm »

Happy Christmas Tel wish you and your family a very happy, safe holiday time.
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« Reply #30696 on: December 19, 2021, 17:01:08 pm »

I have spent a decent chunk of my life working for rich, some exceptionally rich men. I was fortunate enough, depending on how you look at it, to have worked at a level where I had a very good insight into their dealings. As well as being allowed to spend a lot of their money 😁 I could bore you all with many stories of dealings that were let’s say, morally questionable. However, I was acutely aware that whilst taking full advantage of the many avenues to increase both personal and company wealth, they never broke the law.

I cannot and will not speculate on the business affairs of NTFC, unless of course I had some concrete proof. And if I did comment, it would not be on a message board. It would be to the appropriate authorities. I know that for whatever reason, there are some who have been trying desperately to pin something on KT and DB. It’s not for me to question their motives or agenda. They most likely are totally wholesome. Whilst I would never be bold enough to rule out something cropping up in the future, thus far they appear to have nothing more than inference and conjecture. For me personally, I can only reside in one of the afore mentioned camps. The innocent until proved guilty camp.

I find it amazing that any group or individual can conclude anything, with the peripheral level of information they have at their disposal. In terms of the council v Cardoza debacle, we have some of the finest forensic accountants and fraud squad detectives, working away for years now. So far without any conclusion. In what to most seems a clear cut case. Yet without any specialist knowledge, or no real evidence at their disposal, we are supposed to believe that a few local bods have KT and DB banged to rights. REALLY? 😀😀. And yet having unearthed the crime of the century, they lack the spine to pursue it through the appropriate channels.

If, and it’s a genuine if, there is something going on and someone has proof, I’m right behind you. I am absolutely 100% happy to have my opinion changed. I openly invite any organisation or individual to enlighten me. Then I’m 100% invested in your plight. I am totally on board (whilst questioning some of the methods used) with the scrutiny of the redevelopment. Anything that happens in that respect requires outside scrutiny and needs to ensure that it safeguards and ensures the future of the club and appropriate revenue streams into the team and supporter experience. But, my greatest sadness, as I have said before, is the clear and obvious race to the bottom that we have seen over recent years. Hopefully that will stop, and the future can really be brighter. We could certainly do with it at the moment.

I’m off for my Christmas break now.. So merry Christmas and a happy new year to you all and the mighty NTFC..


Lot to read but it will interesting to see some replies from any fans with issues with NTFC BoD’s?
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« Reply #30697 on: December 19, 2021, 18:29:42 pm »

Still waiting for Manwork's last big news...oh that's right he didn't actually know anything.
How do you know?
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« Reply #30698 on: December 19, 2021, 19:12:47 pm »

Still waiting for Manwork's last big news...oh that's right he didn't actually know anything.
So many questions in just one questionable sentence!
1. Do you mean Manwork's last or latest news?
If the former, hope the Ulster says no chap is ok!

2. Didn't know anything or doesn't know anything?

3. Indeed, does he know anything or not - but how do you know he doesn't know anything?

4. What is the official difference between a pub and a tavern?
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« Reply #30699 on: December 20, 2021, 03:56:26 am »

I have spent a decent chunk of my life working for rich, some exceptionally rich men. I was fortunate enough, depending on how you look at it, to have worked at a level where I had a very good insight into their dealings. As well as being allowed to spend a lot of their money 😁 I could bore you all with many stories of dealings that were let’s say, morally questionable. However, I was acutely aware that whilst taking full advantage of the many avenues to increase both personal and company wealth, they never broke the law.

I cannot and will not speculate on the business affairs of NTFC, unless of course I had some concrete proof. And if I did comment, it would not be on a message board. It would be to the appropriate authorities. I know that for whatever reason, there are some who have been trying desperately to pin something on KT and DB. It’s not for me to question their motives or agenda. They most likely are totally wholesome. Whilst I would never be bold enough to rule out something cropping up in the future, thus far they appear to have nothing more than inference and conjecture. For me personally, I can only reside in one of the afore mentioned camps. The innocent until proved guilty camp.

I find it amazing that any group or individual can conclude anything, with the peripheral level of information they have at their disposal. In terms of the council v Cardoza debacle, we have some of the finest forensic accountants and fraud squad detectives, working away for years now. So far without any conclusion. In what to most seems a clear cut case. Yet without any specialist knowledge, or no real evidence at their disposal, we are supposed to believe that a few local bods have KT and DB banged to rights. REALLY? 😀😀. And yet having unearthed the crime of the century, they lack the spine to pursue it through the appropriate channels.

If, and it’s a genuine if, there is something going on and someone has proof, I’m right behind you. I am absolutely 100% happy to have my opinion changed. I openly invite any organisation or individual to enlighten me. Then I’m 100% invested in your plight. I am totally on board (whilst questioning some of the methods used) with the scrutiny of the redevelopment. Anything that happens in that respect requires outside scrutiny and needs to ensure that it safeguards and ensures the future of the club and appropriate revenue streams into the team and supporter experience. But, my greatest sadness, as I have said before, is the clear and obvious race to the bottom that we have seen over recent years. Hopefully that will stop, and the future can really be brighter. We could certainly do with it at the moment.

I’m off for my Christmas break now.. So merry Christmas and a happy new year to you all and the mighty NTFC..


Excellent post.

I find it sad that certain obsessives pedal their daily campaign against KT/DB without one ounce of proof. Why? If they have proof go to the authorities instead of hiding behind a keyboard!

I would rather show support to NTFC my way.
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