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guest3494
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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!!
Hurdles indeed... It's almost like an ever decreasing circle of probability. I look forward to seeing the detail, thank you for the response |
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St Edmundsbury Cobbler
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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.
Apologies, I was under the impression you still were. |
2022/23 Prediction League Champion
2022/23 Guess The Attendance Champion
Claret & White - Nothing Else Matters
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Clarity
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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.
There appears to be an unshakeable belief that this venture will achieve an annual 250K profit. Well done it all appears quite easy to achieve. Has anyone considered it actually might make a loss? |
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GrangeParkCobbler
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Interesting reading, again it's a lot of we've done this but can't tell you yet, which has plagued the development of the East Stand and wider area from the outset.
Two questions...
1. If the Trust purchase the ACV will they own the entire footprint the Stadium and Athletics track sits on?
No, only the land already mentioned (Athletics track footprint) is covered as that's the only land that WNC have given notice of their intention to sell. The rest of the ACV covered land will remain covered by the ACV!
2. Any proceeds from this will go to the Trust, will the football club as it stands see any benefit from what you propose or is this the first step towards The Trust buying and running the football club?
Perhaps the wording was wrong in one part of the statement...the proceeds will go into the newly created infrastructure partnership and will be used to fund improvements to the infrastructure....not as a step to buying and running the club.
Apologies if the above come across as silly questions but there's been so much talk around the development, I've lost track of what's what.
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The Hotel End GTA Champion 2006/7, 2007/8, 2011/12, 2012/13 and 2018/19
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BedsCobb
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There appears to be an unshakeable belief that this venture will achieve an annual 250K profit. Well done it all appears quite easy to achieve. Has anyone considered it actually might make a loss?
I believe Thomas will be kept at arms length from decisions regarding this. So things should be OK.  |
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JSO
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I believe Thomas will be kept at arms length from decisions regarding this. So things should be OK. The fact that there is a sitting tennant with a long lease means Thomas will be more involved than you think. |
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BedsCobb
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The fact that there is a sitting tennant with a long lease means Thomas will be more involved than you think.
Having wasted several years failing to deliver a modest refurb of the unfinished east stand, it's unlikely he'll get much grace and favour from an already pee'd off council. He would be better off securing and cashing in the 17 acres, getting gone without touching the east stand redevelopment.. leaving the running track with Northampton and its football club. I can't see him digging in and damaging our football clubs progression any further. |
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Melbourne Cobbler
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Having wasted several years failing to deliver a modest refurb of the unfinished east stand, it's unlikely he'll get much grace and favour from an already pee'd off council.
He would be better off securing and cashing in the 17 acres, getting gone without touching the east stand redevelopment..
leaving the running track with Northampton and its football club.
I can't see him digging in and damaging our football clubs progression any further.
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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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Melbourne Cobbler
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I believe Thomas will be kept at arms length from decisions regarding this. So things should be OK. |
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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BedsCobb
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This scenario looks even more likely to happen. More so than any of the scaremongering mundane copy and paste offerings you post up  |
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Melbourne Cobbler
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This scenario looks even more likely to happen. More so than any of the scaremongering mundane copy and paste offerings you post up Rude |
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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singcobb
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This scenario looks even more likely to happen. More so than any of the scaremongering mundane copy and paste offerings you post up You must really be upset at how little our tight fisted owners are spending on the squad this year. |
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Substitute
Pat McGatt
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You must really be upset at how little our tight fisted owners are spending on the squad this year.
How much is it geez? |
Let's Swell The Facilities
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JSO
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Having wasted several years failing to deliver a modest refurb of the unfinished east stand, it's unlikely he'll get much grace and favour from an already pee'd off council.
He would be better off securing and cashing in the 17 acres, getting gone without touching the east stand redevelopment..
leaving the running track with Northampton and its football club.
I can't see him digging in and damaging our football clubs progression any further.
Except that CDNL hold the lease, so keeping Kelvin Thomas at arms length will be impossible. |
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singcobb
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Except that CDNL hold the lease, so keeping Kelvin Thomas at arms length will be impossible.
Don't you dare let facts get in the way of the trust's fantasies. |
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GrangeParkCobbler
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How much is it geez?
Yeah please tell! So far I've got.... OUT: Roberts, Harriman, Pollock, Rose, Nelson, Ashley-Seal, Mills, Flanagan, Kabamba (9) + five loanees (Lubala, Zimba, Kanu, Magloire, Eppiah) IN: Burge, Fox, Haynes, Hylton (4) Undecided and out of contract next week: Horsfall. I'm struggling to see how, at this moment in time, we are spending more on the squad than we were last season. It's a decent start though....granted. |
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« Last Edit: June 23, 2022, 21:28:33 pm by GrangeParkCobbler »
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The Hotel End GTA Champion 2006/7, 2007/8, 2011/12, 2012/13 and 2018/19
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BedsCobb
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You must really be upset at how little our tight fisted owners are spending on the squad this year.
Why don't they use the season ticket money, the match day ticket sales, food and beverage sales, sponsorship, sky TV share and league affiliation Payments?... Oh that's right, they do. What did you think happens? Thomas using his own money to pay the wages of players at a club he's desperate to leave? |
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Terryfenwickatemyhamster
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What did you think happens? Thomas using his own money to pay the wages of players at a club he's desperate to leave?
I’ll tell what I think happens. They run a football club in the real world. Not from a keyboard, or a working men’s club. You can come it from all angles, but there's one thing for sure. You and the other mood hoovers know sweet FA about the reality of doing it is. I very much doubt that a bunch of callouses on your fingertips from ya keyboard and spreading muck on walls holds much weight in the world of running football clubs. But eh, what’s that matter in the world of the wannabes… |
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Peter Frost
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Why don't they use the season ticket money, the match day ticket sales, food and beverage sales, sponsorship, sky TV share and league affiliation Payments?...
Oh that's right, they do.
What did you think happens? Thomas using his own money to pay the wages of players at a club he's desperate to leave?
Why do you continue to ignore facts - yes there is revenue from all those sources as described but the reality is most clubs (agreed not all) continue to make a loss despite that - circa £1 to 2 million pa. Under a lot of arguments and controversy the Trust have announced a plan that could with luck and I’m sure a lot of hard work yield £250k - and well done to them if they succeed but even they know (& within their ranks there are some owner bashers that rival you) that is insufficient to run a L1/2 club - so where does the shortfall come from? - factual business justified answer please….. |
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Carton Lid
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I’ll tell what I think happens. They run a football club in the real world. Not from a keyboard, or a working men’s club. You can come it from all angles, but there's one thing for sure. You and the other mood hoovers know sweet FA about the reality of doing it is. I very much doubt that a bunch of callouses on your fingertips from ya keyboard and spreading muck on walls holds much weight in the world of running football clubs. But eh, what’s that matter in the world of the wannabes…
Yet another "sit on the fence, I don't take sides" post from our moderator  |
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