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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1844020 times)
Worthless Recluse and 25 Guests are viewing this topic.
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« Reply #38680 on: March 23, 2023, 19:02:53 pm »

I was just correcting Kevin to Kieran because I think this is who Random is referring to:
https://en.m.wikipedia.org/wiki/Kieran_Maguire
Thr price of footie, volumes 1 and 11.


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« Reply #38681 on: March 23, 2023, 19:07:47 pm »

Well that's an eye opener  - any comments please  Pau and Stan Cool

I'm trying my best to keep away from this particular hornets nest....... to paraphrase Public Enemy "Don't believe the hype".......... Too many people are doing their best to talk the club down at every opportunity
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« Reply #38682 on: March 23, 2023, 19:33:59 pm »

OK mate thank you. I still dont see how its relevant to the cobblers though. Lets move on.
If you go back through his recent twitter feed he highlights our recent club accounts.
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« Reply #38683 on: March 23, 2023, 20:19:49 pm »

If you go back through his recent twitter feed he highlights our recent club accounts.

Oh joy  Roll Eyes
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« Reply #38684 on: March 23, 2023, 21:14:39 pm »

The weird thing to me  is that despite a larger stadium , larger crowds  etc in the year to June 21 we had a turnover of £4.4M , they,MK £3.8M.  In year to 2020 NTFC £5.3M, MK £4.5M.

There are a group of companies. Net assets £60 million, with turnover of £10million for the group for the last published year end, with a loss of £6million for the group for the year, so my guess is not all the stadium income goes through the Ltd company for the football side.
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« Reply #38685 on: March 23, 2023, 22:03:33 pm »

Crooked world, ain't it.
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« Reply #38686 on: March 24, 2023, 08:19:12 am »

There are a group of companies. Net assets £60 million, with turnover of £10million for the group for the last published year end, with a loss of £6million for the group for the year, so my guess is not all the stadium income goes through the Ltd company for the football side.
This, I think the only part of the group that makes money is InterMK which is the development bit so I would guess there is a reason to keep one bit profitable and the rest loss making. Its quite common in larger groups (usually for tax purposes or similar, but all 100% legal and above board).

Another factor could be that its well know they give away a lot of tickets. I believe they did one recently where all season ticket holders got to bring a mate for free. Personally I think thats a great idea as although the ticket might be free, the seat would have been empty and the hope would be that they buy a pie and a pint so more revenue that way and even better to enjoy it and return as a paying punter.
This is one thing that our ground really does prevent us from doing. I think we could do this, or mate for £1 on some of the unattractive Tuesday night games. As random has pointed out though we would be restricted as wouldnt be possible always to sit next to a mate so would have to be on the proviso that it wouldnt be in your regular seat, which would put a lot of people off.
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« Reply #38687 on: March 24, 2023, 10:18:36 am »

This, I think the only part of the group that makes money is InterMK which is the development bit so I would guess there is a reason to keep one bit profitable and the rest loss making. Its quite common in larger groups (usually for tax purposes or similar, but all 100% legal and above board).

Another factor could be that its well know they give away a lot of tickets. I believe they did one recently where all season ticket holders got to bring a mate for free. Personally I think thats a great idea as although the ticket might be free, the seat would have been empty and the hope would be that they buy a pie and a pint so more revenue that way and even better to enjoy it and return as a paying punter.
This is one thing that our ground really does prevent us from doing. I think we could do this, or mate for £1 on some of the unattractive Tuesday night games. As random has pointed out though we would be restricted as wouldnt be possible always to sit next to a mate so would have to be on the proviso that it wouldnt be in your regular seat, which would put a lot of people off.
Welcome over to the righteous side..
You have earned your wings with this post.
Melly with his copy paste, 'dont dare speculate ' economics will not be happy :😀
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« Reply #38688 on: March 24, 2023, 11:10:33 am »

Welcome over to the righteous side..
You have earned your wings with this post.
Melly with his copy paste, 'dont dare speculate ' economics will not be happy :😀

Well that’s the difference Dave, I speculate with my own money. You on the other hand only speculate with other peoples. Mind you given the standard of your business acumen I don’t blame you. 😉
« Last Edit: March 24, 2023, 11:28:29 am by Melbourne Cobbler » Report Spam   Logged

Not a real supporter but unelected chair of the Northampton Town Honorary Supporters Club. (Please note: any opinions given may not necessarily be shared by proper supporters. In incidents of conflict the views of real supporters shall take precedence).
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« Reply #38689 on: March 24, 2023, 15:56:54 pm »

https://www.swindonadvertiser.co.uk/news/20010760.swindon-towns-2-3m-deal-buy-county-ground-agreed-council/

Looks like this is finally going through.
A situation to end in tears no doubt.
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« Reply #38690 on: March 24, 2023, 16:37:14 pm »

https://www.swindonadvertiser.co.uk/news/20010760.swindon-towns-2-3m-deal-buy-county-ground-agreed-council/

Looks like this is finally going through.
A situation to end in tears no doubt.

Good luck to them. 2 million quid for a whole ground with twice the capacity of ours. We can't even build a stand with a capacity of about 2000 for double that.
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« Reply #38691 on: March 24, 2023, 17:40:00 pm »

Good luck to them. 2 million quid for a whole ground with twice the capacity of ours. We can't even build a stand with a capacity of about 2000 for double that.

TBF we got the ground for nowt in the first place. The rest is history.
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« Reply #38692 on: March 24, 2023, 17:57:40 pm »

TBF we got the ground for nowt in the first place. The rest is history.

We don't own it though. Only the lease, for now.
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« Reply #38693 on: March 24, 2023, 18:15:14 pm »

TBF we got the ground for nowt in the first place. The rest is history.

No we didn't.
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« Reply #38694 on: March 24, 2023, 20:10:21 pm »

You're never alone with a clone
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« Reply #38695 on: March 24, 2023, 21:16:55 pm »

You're never aroused when you've been re-housed.
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« Reply #38696 on: March 25, 2023, 12:49:42 pm »

You're never aroused when you've been re-housed.
Speak for yourself!
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« Reply #38697 on: March 28, 2023, 14:45:04 pm »

With the Judicial Review finally going ahead today and tomorrow, let us hope we FINALLY see light at the end of the tunnel and the scenario does not have to be reset!
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« Reply #38698 on: March 28, 2023, 19:20:30 pm »

With the Judicial Review finally going ahead today and tomorrow, let us hope we FINALLY see light at the end of the tunnel and the scenario does not have to be reset!
I have a very bad feeling about the JR.
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« Reply #38699 on: March 28, 2023, 19:42:13 pm »

I have a very bad feeling about the JR.
You and every Cobblers fan!
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