The Hotel End
March 29, 2024, 12:02:03 pm
Welcome, Guest. Please login or register.
Did you miss your activation email?

Login with username, password and session length
News:
 
  Home Help Search Arcade Downloads Gallery Links Staff List Calendar Login Register Chat  

Redevelopment Closer Than Ever?

Pages: 1 ... 1710 1711 1712 1713 1714 1715 1716 [1717] 1718 1719 1720 1721 1722 1723 1724 ... 2182   Go Down
  Print  
Author Topic: Redevelopment Closer Than Ever?  (Read 1822739 times)
Carton Lid, Another Pedj and 37 Guests are viewing this topic.
GrangeParkCobbler
Hero Member
*****
Offline Offline

Posts: 9415


View Profile
Badges: (View All)
Search Windows User Level 6
« Reply #34320 on: June 20, 2022, 15:20:35 pm »

The proposal is for the local company and the Trust to form a joint venture company with the proceeds/profits being split on a 50/50 basis between the two parties. The money due to the Trust will be placed into the infrastructure foundation which will be used to make improvements to any area of the infrastructure at the club, from a new TV in Carrs Bar to funding and proposed expansion to one or more of the stands.
The money will not go to the Trust just to sit in their bank account!!
Report Spam   Logged

The Hotel End GTA Champion 2006/7, 2007/8, 2011/12, 2012/13 and 2018/19
Battery Man
Sr. Member
****
Offline Offline

Posts: 329


View Profile
Badges: (View All)
Eighth year Anniversary Combination Poll Voter
« Reply #34321 on: June 20, 2022, 15:24:46 pm »

The proposal is for the local company and the Trust to form a joint venture company with the proceeds/profits being split on a 50/50 basis between the two parties. The money due to the Trust will be placed into the infrastructure foundation which will be used to make improvements to any area of the infrastructure at the club, from a new TV in Carrs Bar to funding and proposed expansion to one or more of the stands.
The money will not go to the Trust just to sit in their bank account!!

Thanks for that GPC, when do you think the fans will find out more details of this, especially the local company involved, will it be before the 3rd September deadline, as, if it is going to be of benefit it would be good to have all the info before that start of the season so we can see whats happening.
Report Spam   Logged
guest3494
Guest

Badges: (View All)
« Reply #34322 on: June 20, 2022, 15:26:32 pm »

The proposal is for the local company and the Trust to form a joint venture company with the proceeds/profits being split on a 50/50 basis between the two parties. The money due to the Trust will be placed into the infrastructure foundation which will be used to make improvements to any area of the infrastructure at the club, from a new TV in Carrs Bar to funding and proposed expansion to one or more of the stands.
The money will not go to the Trust just to sit in their bank account!!

Thanks mate.
So just to be clear.
50% of any money that could be made by CDNL to find NTFC could now go to another local company?
Or am I being really thick here?
Report Spam   Logged
Carton Lid
Hero Member
*****
Online Online

Posts: 1820


View Profile
Badges: (View All)
Third year Anniversary Level 5 Apple User
« Reply #34323 on: June 20, 2022, 15:47:59 pm »

Thanks mate.
So just to be clear.
50% of any money that could be made by CDNL to find NTFC could now go to another local company?
Or am I being really thick here?
Or 100% of the money made could go to Belle De Jour  or any of the other companies involved in the NTFC ownership ?
Report Spam   Logged
BackOfTheNet
Hero Member
*****
Offline Offline

Posts: 5886


View Profile
Badges: (View All)
Search Level 6 Combination
« Reply #34324 on: June 20, 2022, 15:57:42 pm »

Quote from: Carton Lid link=topic=5547.msg468041#msg468041  date=1655740079
Or 100% of the money made could go to Belle De Jour  or any of the other companies involved in the NTFC ownership ?

Who currently fund the club. Roll Eyes

So if up to £250k pa is going to come into the Trust coffers, is the suggestion that whatever is being planned will realise £500k pa? That's a significant return!
Report Spam   Logged

The Hotelend Grand National* Sweepstake Champion 2020
St Edmundsbury Cobbler
Hero Member
*****
Offline Offline

Posts: 2178



View Profile
Badges: (View All)
Level 6 Search Windows User
« Reply #34325 on: June 20, 2022, 16:24:06 pm »

Or 100% of the money made could go to Belle De Jour  or any of the other companies involved in the NTFC ownership ?

And it's snidey swipes like this that need to stop if you want to start getting fans back on board with the Trust.
Report Spam   Logged

2022/23 Prediction League Champion
2022/23 Guess The Attendance Champion

Claret & White - Nothing Else Matters
GrangeParkCobbler
Hero Member
*****
Offline Offline

Posts: 9415


View Profile
Badges: (View All)
Search Windows User Level 6
« Reply #34326 on: June 20, 2022, 16:27:51 pm »

Thanks mate.
So just to be clear.
50% of any money that could be made by CDNL to find NTFC could now go to another local company?
Or am I being really thick here?

Its a very simplistic view there Glen......but I wouldn't call you thick!!

To come to the conclusion you have reached you would have to know the following.....

How much of the proposed £2.05m purchase price for the land deal would be attributed to that portion (the CDNL portion) of the land
What was going to happen with that land
How much money the clubs plans for that land would generate
Where that money generated would go, be it to fund something or purely to pay down the external debt to the owner.

What the Trust have done is to specify where any proceeds would go, as in to an infrastructure fund which could be used in the way i've outlined above.

Of course all of this is dependant on....

a) The council being willing even to entertain an offer on the ACV Land
b) An acceptable offer on that land being made
c) The Leaseholder (CDNL) allowing any project to go forward using that land
d) If the project does go forward then it achieving the potential income forecast to be achieved.
e) If the income is achieved then it relies on the club being willing to accept any money to improve any particular aspect of the infrastructure.

There's a long way to go yet and a significant number of hurdles to be jumped!!
Report Spam   Logged

The Hotel End GTA Champion 2006/7, 2007/8, 2011/12, 2012/13 and 2018/19
GrangeParkCobbler
Hero Member
*****
Offline Offline

Posts: 9415


View Profile
Badges: (View All)
Search Windows User Level 6
« Reply #34327 on: June 20, 2022, 16:37:17 pm »

And it's snidey swipes like this that need to stop if you want to start getting fans back on board with the Trust.


Perception is a dangerous thing!! I took the comments that potentially the Trust could be depriving the Club of 250k a year to be similarly "snidey"....... well not really!! Just the way people feel and read things. Views are too polarised!!

Its entirely possible that any revenue from any land could be used to pay down the debt to the Football Clubs biggest creditor...namely Belle-de-Jour, though in fairness it is also entirely possible that none of the revenue goes that way either.
Report Spam   Logged

The Hotel End GTA Champion 2006/7, 2007/8, 2011/12, 2012/13 and 2018/19
St Edmundsbury Cobbler
Hero Member
*****
Offline Offline

Posts: 2178



View Profile
Badges: (View All)
Level 6 Search Windows User
« Reply #34328 on: June 20, 2022, 16:37:54 pm »

So if The Trust are successful in buying the land, you'd need to foster some sort of working relationship with the very people you don't really like and vice versa as the feeling appears to be mutual for anything to actually happen?
Report Spam   Logged

2022/23 Prediction League Champion
2022/23 Guess The Attendance Champion

Claret & White - Nothing Else Matters
GrangeParkCobbler
Hero Member
*****
Offline Offline

Posts: 9415


View Profile
Badges: (View All)
Search Windows User Level 6
« Reply #34329 on: June 20, 2022, 16:41:15 pm »

So if The Trust are successful in buying the land, you'd need to foster some sort of working relationship with the very people you don't really like and vice versa as the feeling appears to be mutual for anything to actually happen?

It would surely have to get above the "we don't like you so we are not speaking to you" level on both sides if it was for the good of the Football Club wouldn't it? If it didn't and one party did not come to play ball then that party should quite rightly feel the wrath of the supporters.
Report Spam   Logged

The Hotel End GTA Champion 2006/7, 2007/8, 2011/12, 2012/13 and 2018/19
Manwork04
Hero Member
*****
Offline Offline

Posts: 9316



View Profile
Badges: (View All)
Windows User Mobile User Spammer 25 Posts in one day
« Reply #34330 on: June 20, 2022, 17:02:39 pm »

Im not convinced about that. They just shrugged their shoulders and accepted it, when some of their bigger games were switched to MK.
The reason it was moved was because at the time Saints didn’t have a 15k capacity which was the threshold for holding big games e.g. semi finals in Europe.
Report Spam   Logged

Rule Britannia
Manwork04
Hero Member
*****
Offline Offline

Posts: 9316



View Profile
Badges: (View All)
Windows User Mobile User Spammer 25 Posts in one day
« Reply #34331 on: June 20, 2022, 17:09:51 pm »

So if The Trust are successful in buying the land, you'd need to foster some sort of working relationship with the very people you don't really like and vice versa as the feeling appears to be mutual for anything to actually happen?
I tell you what would be interesting, for balance,  what do our current owners plan to do with the club post land deal?
Report Spam   Logged

Rule Britannia
St Edmundsbury Cobbler
Hero Member
*****
Offline Offline

Posts: 2178



View Profile
Badges: (View All)
Level 6 Search Windows User
« Reply #34332 on: June 20, 2022, 17:18:59 pm »

I tell you what would be interesting, for balance,  what do our current owners plan to do with the club post land deal?

I don't know. I'm just asking questions around the latest vague statement from one of the parties interested in the the long drawn out saga of the redevelopment of Sixfields wondering if I'll see anything happen before I shuffle off my mortal coil.
Report Spam   Logged

2022/23 Prediction League Champion
2022/23 Guess The Attendance Champion

Claret & White - Nothing Else Matters
Tabasco Kid
Hero Member
*****
Offline Offline

Posts: 5419


View Profile
Badges: (View All)
5000 Posts Spammer 25 Posts in one day Seventh year Anniversary
« Reply #34333 on: June 20, 2022, 18:02:06 pm »

The reason it was moved was because at the time Saints didn’t have a 15k capacity which was the threshold for holding big games e.g. semi finals in Europe.
As i recall, a couple of Prem games were moved as well. Nowt to do with europe. And bumping into some egg chasing mates down The Rover, or The Foundrymans, they just said, its a day out, and we are having a beer in Bletchley rugby club. They were moved for money. Nothing else.
https://www.northamptonsaints.co.uk/news/saints-versus-saracens-heading-back-to-stadiummk

https://www.northamptonsaints.co.uk/news/your-day-at-stadium-mk
Report Spam   Logged

Were in the pipe 5 by 5.
Carton Lid
Hero Member
*****
Online Online

Posts: 1820


View Profile
Badges: (View All)
Third year Anniversary Level 5 Apple User
« Reply #34334 on: June 20, 2022, 18:25:53 pm »

And it's snidey swipes like this that need to stop if you want to start getting fans back on board with the Trust.

For a start , I'm only a Trust member, I haven't been on the board for over 2 years, so my post should be totally irrelevant to the Trust.
        My reply was to someone who stated that 50% of the profit of the Trust's venture wouldn't go to NTFC, which is true, just the same as I posted that 100% of the land profit could elsewhere, other than NTFC
Report Spam   Logged
Peter Frost
Hero Member
*****
Offline Offline

Posts: 1139


View Profile
Badges: (View All)
1000 Posts Second year Anniversary Avatar
« Reply #34335 on: June 20, 2022, 18:34:28 pm »

Perception is a dangerous thing!! I took the comments that potentially the Trust could be depriving the Club of 250k a year to be similarly "snidey"....... well not really!! Just the way people feel and read things. Views are too polarised!!

Its entirely possible that any revenue from any land could be used to pay down the debt to the Football Clubs biggest creditor...namely Belle-de-Jour, though in fairness it is also entirely possible that none of the revenue goes that way either.

I don't think it's perception but more as you also say polarised views - there are people in this discussion whose entire persona is defined by their opinions - and in many cases they are just that, opinions rather than facts (or indeed very selective use of facts).

The polarised nature of discussion is at times toxic and the need to insult, demean or ridicule a different opinion is frankly depressing  - it's actually possible to disagree with some of the trust's actions without being antitrust, equally its possible to think KT should have finished the East Stand earlier but to understand from a pragmatic business sense why he hasn't. These views don't mean you are stupid or lack ambition for the club and I'm quite pleased to be someone who has attracted the label of a Contemptible splinter gathering appeaser if it means I'm capable of seeing two sides of an argument.

Also stepping outside the current polarised arguments I don't think we should forget the real villain here - the individual that made £10 million disappear, half completed a totally inadequate stand and came very close to having our club wound up.

Personally I fully support any initiative from a fan based organisation that supplies funding for infrastructure improvement but we should also put the current proposal in perspective - if it materialises (and as you say a lot of hurdles to overcome) the sort of revenue being talked about is not even close to sustaining a L1/2 club -  perhaps & hopefully it's the start of bigger things but for the foreseeable future we are dependent on a monied benefactor. The current one we have is of course far from perfect and clearly has a focus on the land deal but until someone comes along with similar or greater wealth and the desire to massively invest in the club we are where we are and history shows there have been far far worse owners of football clubs.  
Report Spam   Logged
JSO
Full Member
***
Offline Offline

Posts: 117


View Profile
Badges: (View All)
Second year Anniversary One year Anniversary 100 Posts
« Reply #34336 on: June 20, 2022, 19:34:34 pm »

The only problem in any business dealings at the moment is that we are heading for a recession and that £500000 could well be £50000
Report Spam   Logged
Manwork04
Hero Member
*****
Offline Offline

Posts: 9316



View Profile
Badges: (View All)
Windows User Mobile User Spammer 25 Posts in one day
« Reply #34337 on: June 20, 2022, 20:08:20 pm »

As i recall, a couple of Prem games were moved as well. Nowt to do with europe. And bumping into some egg chasing mates down The Rover, or The Foundrymans, they just said, its a day out, and we are having a beer in Bletchley rugby club. They were moved for money. Nothing else.
https://www.northamptonsaints.co.uk/news/saints-versus-saracens-heading-back-to-stadiummk

https://www.northamptonsaints.co.uk/news/your-day-at-stadium-mk

I could have sworn the reason was of the capacity of the gardens for the European games anyway I stand correct cheers Kid 👍
Report Spam   Logged

Rule Britannia
Tabasco Kid
Hero Member
*****
Offline Offline

Posts: 5419


View Profile
Badges: (View All)
5000 Posts Spammer 25 Posts in one day Seventh year Anniversary
« Reply #34338 on: June 20, 2022, 20:21:25 pm »

I could have sworn the reason was of the capacity of the gardens for the European games anyway I stand correct cheers Kid 👍
No probs mate. Smiley
Report Spam   Logged

Were in the pipe 5 by 5.
guest3494
Guest

Badges: (View All)
« Reply #34339 on: June 20, 2022, 20:36:12 pm »

And it's snidey swipes like this that need to stop if you want to start getting fans back on board with the Trust.

Roger isn't on the Trust mate.
He just runs the raffle I think.
Report Spam   Logged
Pages: 1 ... 1710 1711 1712 1713 1714 1715 1716 [1717] 1718 1719 1720 1721 1722 1723 1724 ... 2182   Go Up
  Print  
 
Jump to:  

Powered by EzPortal
Parental guidance is urged as this messageboard may not be suitable for all persons especially those under the age of 16 as the forums may contain words, phrases and expressions not considered appropriate for a younger audience so please express caution. If any posts in the forums offend you, please let us know and we will look at them and if we agree with your complaint, we will remove them. You are personally responsible and potentially liable for the contents of your posting and may be sued should your posting contain content of a defamatory or other illegal nature. Every message posted leaves a traceable IP number. We check the forums at various times of the day and remove offending posts. Other supporters are welcome but abusive or silly posts will be removed and the offenders potentially barred from future access to the site. We advise that you never reveal any personal information about yourself or anyone else (for example: telephone number, home address or email address), and please do not include postal addresses of any kind. This messageboard is not endorsed or in any way affiliated with Northampton Town FC. All postings on this board become copyright of The Hotel End & may not be reproduced without the permission of the board administrator. By signing up to this message board you agree to this. The Hotel End cannot be held liable for the actions or postings of its members. The Hotel End reserve the right to edit, delete, move or close any thread for any reason. The Hotel End may disclose user information to government authorities at their discretion or when required by law. The Hotel End may also disclose user information when The Hotel End has reason to believe that someone is causing injury to or interference with its rights or property, other The Hotel End users, or anyone else that could be harmed by such activities. By registering for The Hotel End, you agree to indemnify The Hotel End its representatives, and agents, and hold them harmless from any and all claims (including claims for legal fees) which may arise from your participation on the The Hotel End. You also agree that The Hotel End is not responsible for the materials posted by users of The Hotel End. In addition, you grant The Hotel End and its affiliates, worldwide, royalty-free perpetual, irrevocable, non-exclusive right and license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform and display any message or content posted on The Hotel End and/or e-mail sent by you to The Hotel End (in whole or in part). The Hotel End reserves the right to make the rules up as it goes along. Thank you - The Hotel End I love Quidco
Bookmark this site!
Powered by SMF | SMF © 2016, Simple Machines
Privacy Policy