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Vintage Cobbler
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BBS - sorry to disappoint you but my understanding is that there will be no discussion about the NTFC Sixfields situation at next month's Cabinet meeting.
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Vintage Cobbler
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Shoemaker - because the owners will not spend one pound of their own money finishing the East Stand. They will complete it only out of developments profits and at no direct cost to them unless they are confident of recovering that expenditure from development profits which translated means the gross proceeds of sales of plots of land behind the stand before there is any division of net profits with NBC. The Council are saying no way, do what you said you would do back in 2015.
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guest3355
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Shoemaker - because the owners will not spend one pound of their own money finishing the East Stand. They will complete it only out of developments profits and at no direct cost to them unless they are confident of recovering that expenditure from development profits which translated means the gross proceeds of sales of plots of land behind the stand before there is any division of net profits with NBC. The Council are saying no way, do what you said you would do back in 2015.
That is not correct. |
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BackOfTheNet
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BOTN - more than happy to engage in debate but looking back over your postings concerning the Trust your position is clear as is mine. We are poles apart. Like others you appear to have an obsession about all things Trust. Why, I wonder.
I am not the Trust, a director of the Trust or a spokesman for the Trust but I am a life member of the Trust and delighted to be one and support the Trust in its endeavours. The endless attacks on the Trust from you and others on this site are tedious and unceasing at a time when the the focus of attention should be on the club's owners and where they are or are not on the subject matter of this thread. You could be forgiven to thinking this thread is all about the Trust given the focus of attention it gets from KT's supporters. All very unbalanced and jaundiced. Like the inconvenient truth of where are owners are at with NBC the Trust is a useful diversion on which to vent frustrations.
To use your Trump analogy this is straight from his playbook - the accuser becomes the accused. The Trust is all to blame for the East Stand/redevelopment situation.
Whatever. On the subject of balance, here's the appraisal of the situation I wrote on here a while back. Read it if you like. http://www.smfserver.com/forums/thehotelend/index.php/topic,19532.msg412455.html?PHPSESSID=79958ab7fe81b0892514938369f12f2a#msg412455 |
The Hotelend Grand National* Sweepstake Champion 2020
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Zen Master
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At the time of the MoU the larger parcel of land under CDNL wasn’t under the control of KT/DB.
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I think someone should just take this city of Peterborough and just... just flush it down the f***in' toilet
The Hotelend Grand National Sweepstake Champion 2022
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Shoemaker
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That is not correct.
Can anyone on here give me a correct appraisal? |
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guest3355
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Can anyone on here give me a correct appraisal?
My guess is, no. |
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Vintage Cobbler
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That is not correct.
It is correct. See the Trust open letter which followed its meeting with the Council. |
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guest3355
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It is correct. See the Trust open letter which followed its meeting with the Council.
Okay. If you interpret it that way. |
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Melbourne Cobbler
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Frankly it’s extremely unlikely that anyone is going to come along and gift the club 4 or 5 million to finish the stand. It will only get done if the redevelopment can be funded out of profits generated by gate receipts or player sales or something like a land deal. Development from profit at this point in time is not really feasible, so it will occur via a land sale or not at all. Not criticising anyone, not having a pop at any of the contributors on here, the Trust, the council or the owners. Just stating a fact, accept it and move forward or remain as we are? It’s option A or B, there is no C? We could always hang around until the next owners turn up, but they ultimately won’t be funding it out of their pocket either? That is unless we get a Jack Walker, Dave Whelan or Max Griggs, then we will be guaranteed a fairytale ending and live happily ever after?
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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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Vintage Cobbler
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It's not about interpretation but about fact. This is what NBC told the Trust. Nearly 2 weeks later KT has not said anything to the contrary.
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Deepcut Cobbler
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It remains a valid appraisal...  |
“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
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Deepcut Cobbler
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It's not about interpretation but about fact. This is what NBC told the Trust. Nearly 2 weeks later KT has not said anything to the contrary.
Agreed, but KT and DB cannot be held to something that they 'said that they were going to do in 2015', in which all parties have subsequently agreed wasn't binding. They may have been in a position to do it in 2015 however propping up a loss making organisation since, has probably taken that ability or willingness from them. Especially when there is no possibility of gaining a viable profit from it. Irrespective of how it looks to the outside world, would you? I wouldn't. |
“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
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Terryfenwickatemyhamster
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WE HAVE WAITED FIVE YEARS TO SEE THE BROKEN PROMISES OF THE CHAIRMAN COME TO NOTHING.
The trust are doing what they were set up to do and that is hold the chairman’s feet to the fire, unfortunately this chairman doesn’t like it.
As I said before people on here criticising the trust should be ashamed of themselves, they are volunteers who are making sure we as a club get a fair deal.
We're all volunteers. None of us get paid for what we do around the actions of the Trust, the council, or indeed the club. I have never received any money for the things that I have asked KT, or the council, or indeed the Trust. But I have the luxury of acting unilaterally and only in my best interests. If I suddenly decide on a Sunday afternoon, that I am going to adopt a policy of fan ownership as a future goal, i'm not dragging along nearly a thousand people who have not subscribed to it at all. See... I don't have an issue with any Trust board member entering into a personal dialogue with the council or the club. Any of them could have done that free of criticism. What I cannot agree with, is deciding on something that affects the clubs attitude towards the trust, as well as affecting a lot of supporters attitude towards the Trust. In addition to that, it dictates future policy to any owner or outside observer. Yet has not been discussed and agreed with one single member external to the board. I have no issue with "holding the clubs feet to the fire". I have an issue with the banner that it has been done under, and particularity with the fan ownership model being adopted. You might recall, there was exceptionally poorly attended meeting held at the Moat House Hotel about fan ownership. This meeting was touted by the Trust board as a fact finding exercise and an opportunity for supporters to show up and be informed and ask questions. That for me was a totally appropriate embryonic stage of what should have unfolded as a democratic process. But no... It appears that very poorly attended meeting, in which nothing was decided, was in fact the gateway to a policy decision about the Trusts future stance. |
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claretparrot
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It's not about interpretation but about fact. This is what NBC told the Trust. Nearly 2 weeks later KT has not said anything to the contrary.
Vintage, with respect, it is about interpretation. As with every post on this subject, I feel I have to say that I am not aligned to either side in any way before I go any further. No agenda etc. etc. You have stated as fact that the owners/club won't spend a £1 of their own money finishing the ES. The club have said openly that they are in agreement with NBC and the Trust that the stand must be finished before any further development. Therefore, they will have to spend their own money up front as there will be no 'development profits' to finance the build when it starts. If this comes to pass the club and/or its owners will be putting their own funds at risk for a likely significant period of time, even if that is in the hope/expectation of future profits. The question is whether the club/owners' outlay is reimbursed out of gross proceeds or net profit from the development. This is subtly, but in my view crucially, different to your assertion that the owners won't spend a £1 of their own money. This point is well worth debating. |
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Vintage Cobbler
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You would say that wouldn't you?!!
But it's past time to get over this Trust obsession. It is a distraction from the main event. The Trust is doing what it can to safeguard the club and they are to be applauded for that. But it is time to focus on the club's owners and NBC. For many of KT's followers on this site that is a big pill to swallow but swallow it they should.
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Melbourne Cobbler
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The Trust have done everything that is reasonably practicable in investigating fan ownership. They have to considerable effort to host presentations from other fan owned clubs such as Exeter and the like, arranged public meetings and have had much debate regarding the subject. Arguably they could have canvassed the membership and even the wider support base to establish how many supported the principle and possibly how many would be prepared to invest in any endeavour, but that’s a minor technicality and hardly relevant is it? As the Trust have said, their primary role is to ask questions, just not of their own membership?
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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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Vintage Cobbler
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Shoemaker - because the owners will not spend one pound of their own money finishing the East Stand. They will complete it only out of developments profits and at no direct cost to them unless they are confident of recovering that expenditure from development profits which translated means the gross proceeds of sales of plots of land behind the stand before there is any division of net profits with NBC. The Council are saying no way, do what you said you would do back in 2015.
Claretparrot - thank you for your comment but the above is what this is what I posted at 16:08. I hope this clarifies the position. |
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Deepcut Cobbler
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You would say that wouldn't you?!!
But it's past time to get over this Trust obsession. It is a distraction from the main event. The Trust is doing what it can to safeguard the club and they are to be applauded for that. But it is time to focus on the club's owners and NBC. For many of KT's followers on this site that is a big pill to swallow but swallow it they should.
You wouldn't say that though, we know that. I have no axe to grind with the Trust or the club or NBC. The Trust should be applauded for attempting to safeguard the club, but how they are going about it is not the way that I and probably many others would. I cannot see them achieving a satisfactory resolution by continuing to follow their current path and modus operandi. If you step outside of your own one eyed Trust bubble and look at the situation objectively, you might see that for yourself. I will not hold my breath. |
“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
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guest3086
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You wouldn't say that though, we know that.
I have no axe to grind with the Trust or the club or NBC.
The Trust should be applauded for attempting to safeguard the club, but how they are going about it is not the way that I and probably many others would. I cannot see them achieving a satisfactory resolution by continuing to follow their current path and modus operandi.
If you step outside of your own one eyed Trust bubble and look at the situation objectively, you might see that for yourself.
I will not hold my breath.
On Then get involved in the Trust and find a better way or don't and stop sniping at them. |
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