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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1895178 times)
GrangeParkCobbler
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« Reply #44960 on: June 27, 2024, 17:11:16 pm »

Now that all the land and running track has gone from is owned by NTFC.

Fixed it for you. Now we start with a FACT, lets see how positive you can be!


Could I query your FACT as in fact the deal was between the Council and CDNL for the land, and whilst CDNL is a "wholly owned subsidiary" of Northampton Town FC it is actually CDNL who now own the land, not NTFC. NTFC of course are controlled by NT Ventures and BDJ have a significant interest in NTFC.  Hope everyone can follow that, but "technically" NTFC don't own the land.....!

Anyway, its the owners land and they are free to do whatever they want with it and have no obligation to put any of the proceeds into the club anyway! (Thanks TFAMH  Wink)
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Peter Frost
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« Reply #44961 on: June 27, 2024, 18:51:54 pm »

..................

Everyone can join me in panicking if
1) Nigel doesn’t invest anything like what you’d expect from a new multi millionaire board member into the playing side


I'm curious as to what (realistic and unrealistic) expectations are here amongst all the wise folk who know how to run a football club.

My thoughts - a man with a net worth of plus/minus £100 million (much of it probably not liquid) is really not going to start dropping millions if anything into the playing budget, so if people think we are suddenly going to be promoted to a top half budget club they are IMO as deluded as Beds with his fag packet economics.

Again only my opinion, but I simply think Nigel's 25% purchase helps the cash flow to get the East Stand finished and in return a share of the (ever diminishing) land profits - if he actually is here for the longer haul I suspect it's his financial acumen and contact list of rich clients (one of whom might be rich and daft enough to seriously invest in a football club), that might be useful.
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« Reply #44962 on: June 27, 2024, 18:55:18 pm »

Nice new fascia on the East stand!
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Tabasco Kid
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« Reply #44963 on: June 27, 2024, 18:57:20 pm »

And our survey says: "wack waaa".

https://www.facebook.com/ntfcsupporterstrust

Today our survey results report on the concept of an Infrastructure Foundation at Northampton Town FC and whether or not that would be desirable in future years, essentially enabling fan funding to help improve infrastructure and facilities at Sixfields.
Such a foundation has proved very successful north of the border through the Foundation of Hearts at Heart of Midlothian FC.
The survey was held, in general, to consider infrastructure improvement priorities and possibilities at Sixfields Stadium beyond the completion of the East Stand, due to be finished early next year.
54 per cent of Trust members thought that am Infrastructure Foundation was a good idea in principle - when the question was extended to all fans, 48 per cent were on board.
On the flip side, 25 per cent of Trust members did not agree with the introduction of an Infrastructure Foundation - this increased to 37 per cent of all Cobblers fans.
Of those in agreement, most fans agreed that £10 a month would be a reasonable donation amount.
So, in conclusion, fans are pretty split on an Infrastructure Foundation being a vehicle for fan funding improvements and some feel that even if this is desirable it should still go hand in hand with supplementary private investment.
Kevin Brooks said: "Encouraging private development is the best way forward. Fan funding could be done for specific development such as a new bar or a kids/family area or centre and crowd funding is probably the way to go."
On monthly donations, Lee Walters said: "A minimum amount should be set. If the supporter is able to contribute more, that would be an individual choice."
Joshua Stafford suggested £5 a month and added: "This could be with an option to do a lump sum of £60 when paying for a season ticket and you can choose to renew each year on top of your season ticket."
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Terryfenwickatemyhamster
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« Reply #44964 on: June 27, 2024, 19:04:33 pm »

I'm curious as to what (realistic and unrealistic) expectations are here amongst all the wise folk who know how to run a football club.

My thoughts - a man with a net worth of plus/minus £100 million (much of it probably not liquid) is really not going to start dropping millions if anything into the playing budget, so if people think we are suddenly going to be promoted to a top half budget club they are IMO as deluded as Beds with his fag packet economics.

Again only my opinion, but I simply think Nigel's 25% purchase helps the cash flow to get the East Stand finished and in return a share of the (ever diminishing) land profits - if he actually is here for the longer haul I suspect it's his financial acumen and contact list of rich clients (one of whom might be rich and daft enough to seriously invest in a football club), that might be useful.

I still think we are seeing the (potentially near) future of NTFC in the making with recent appointments to the board.
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Peter Frost
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« Reply #44965 on: June 27, 2024, 19:14:03 pm »

I still think we are seeing the (potentially near) future of NTFC in the making with recent appointments to the board.

I really hope you are right - with the land gone, any interest by definition has to be more focussed on the club - also the two appointment (and hopefully more to come) point to a more balanced structure rather than a single money person which so frequently ends in tears.
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GrangeParkCobbler
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« Reply #44966 on: June 27, 2024, 20:44:44 pm »

I'm curious as to what (realistic and unrealistic) expectations are here amongst all the wise folk who know how to run a football club.

My thoughts - a man with a net worth of plus/minus £100 million (much of it probably not liquid) is really not going to start dropping millions if anything into the playing budget, so if people think we are suddenly going to be promoted to a top half budget club they are IMO as deluded as Beds with his fag packet economics.

Again only my opinion, but I simply think Nigel's 25% purchase helps the cash flow to get the East Stand finished and in return a share of the (ever diminishing) land profits - if he actually is here for the longer haul I suspect it's his financial acumen and contact list of rich clients (one of whom might be rich and daft enough to seriously invest in a football club), that might be useful.

Agreed, and after all Bower was reported to have a net worth of around £100m too......
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tcobb
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« Reply #44967 on: June 27, 2024, 21:11:35 pm »

Beds you posted the same last week, I really thought you had teamed up with the Trust and were already building your New club. Good luck with it mate, hope it goes well for you.
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« Reply #44968 on: June 28, 2024, 07:30:49 am »

Could I query your FACT as in fact the deal was between the Council and CDNL for the land, and whilst CDNL is a "wholly owned subsidiary" of Northampton Town FC it is actually CDNL who now own the land, not NTFC. NTFC of course are controlled by NT Ventures and BDJ have a significant interest in NTFC.  Hope everyone can follow that, but "technically" NTFC don't own the land.....!

Anyway, its the owners land and they are free to do whatever they want with it and have no obligation to put any of the proceeds into the club anyway! (Thanks TFAMH  Wink)
You answered it yourself. NTFC own CDNL. CDNL own the land. So therefore NTFC own the land.
But ultimately you are correct, regardless of it is it CDNL, NTFC, NT Ventures they are all owned by KT and DB so its up to them what they do with it and where the spend any profits.

But the point Beds and others seem to be missing is... the land is 'owned' by the club because KT and DB bought it. If they chose to only put £1 into the club its still £1 more than if the council / Cilldara / AN Other owned it. I really do struggle to see why the land being owned by KT / DB is a bad thing, time might prove its not a good thing but its not a bad thing is it. The land was for sale. It wasn't going to sit there waiting for their white knight to turn up, buy the club, buy the land and turn into a Northampton Super Sports Complex.
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BedsCobb
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« Reply #44969 on: June 28, 2024, 09:49:04 am »

I'm curious as to what (realistic and unrealistic) expectations are here amongst all the wise folk who know how to run a football club.

My thoughts - a man with a net worth of plus/minus £100 million (much of it probably not liquid) is really not going to start dropping millions if anything into the playing budget, so if people think we are suddenly going to be promoted to a top half budget club they are IMO as deluded as Beds with his fag packet economics.

Again only my opinion, but I simply think Nigel's 25% purchase helps the cash flow to get the East Stand finished and in return a share of the (ever diminishing) land profits - if he actually is here for the longer haul I suspect it's his financial acumen and contact list of rich clients (one of whom might be rich and daft enough to seriously invest in a football club), that might be useful.
I'm a big believer in a football club generating the maximum amount of turnover it can by investing in the infrastructure, attracting at least 5% plus of its catchment.
We have pathetically poor infrastructure and attract less than 2%!
That new east stand is a big bag of 5hite..You know it, I know it and Thomas knows it..
But it's still being cobbled together at a cost of an astronical £5,800.000.... Now what economic strategy do file that under?
The lunatics have been allowed control of the asylum economics... 😀
How's that for fag packet economics.
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« Reply #44970 on: June 28, 2024, 09:51:08 am »

I still think we are seeing the (potentially near) future of NTFC in the making with recent appointments to the board.
The Nigel guy is taking over from Thomas next week.
Thomas has the land and has no further use for NTFC, perhaps?
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BedsCobb
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« Reply #44971 on: June 28, 2024, 09:53:15 am »

I really hope you are right - with the land gone, any interest by definition has to be more focussed on the club - also the two appointment (and hopefully more to come) point to a more balanced structure rather than a single money person which so frequently ends in tears.
Wow...Welcome  back.
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« Reply #44972 on: June 28, 2024, 09:54:36 am »

Beds you posted the same last week, I really thought you had teamed up with the Trust and were already building your New club. Good luck with it mate, hope it goes well for you.
Thomas and Bower are using the land cash to set it up...
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BedsCobb
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« Reply #44973 on: June 28, 2024, 09:56:44 am »

You answered it yourself. NTFC own CDNL. CDNL own the land. So therefore NTFC own the land.
But ultimately you are correct, regardless of it is it CDNL, NTFC, NT Ventures they are all owned by KT and DB so its up to them what they do with it and where the spend any profits.

But the point Beds and others seem to be missing is... the land is 'owned' by the club because KT and DB bought it. If they chose to only put £1 into the club its still £1 more than if the council / Cilldara / AN Other owned it. I really do struggle to see why the land being owned by KT / DB is a bad thing, time might prove its not a good thing but its not a bad thing is it. The land was for sale. It wasn't going to sit there waiting for their white knight to turn up, buy the club, buy the land and turn into a Northampton Super Sports Complex.
Another who is gradually finding his way back home, welcome..
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Melbourne Cobbler
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« Reply #44974 on: June 28, 2024, 10:24:36 am »

Another who is gradually finding his way back home, welcome..
Which is yours, The Kenny, this new club on the racecourse or are you still torn?
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« Reply #44975 on: June 28, 2024, 10:29:29 am »


How's that for fag packet economics.
You tell us, you’re the one with a BA Hons in it?
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BedsCobb
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« Reply #44976 on: June 28, 2024, 14:13:13 pm »

You tell us, you’re the one with a BA Hons in it?
As it happens 😉
But not a text book zombie  wearing blinkers with realms of printed out copy and paste offerings from tinternet
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Melbourne Cobbler
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« Reply #44977 on: June 28, 2024, 15:12:19 pm »

As it happens 😉
But not a text book zombie  wearing blinkers with realms of printed out copy and paste offerings from tinternet
Nope, just blinkers. The lack of supporting factual evidence from yourself is a given 👍🏻
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BedsCobb
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« Reply #44978 on: July 01, 2024, 11:42:58 am »

Nope, just blinkers. The lack of supporting factual evidence from yourself is a given 👍🏻
Grin After these past 20 years of Cobblers being mothballed and used soley for a land acquiring facility,
I still await the day someone will kindly point out my erroneous post for me to make amendments.

I can wait.


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« Reply #44979 on: July 01, 2024, 12:07:49 pm »

You don't need to wait Beds, you're starting your own Club remember?
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