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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1323338 times)
Carton Lid
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« Reply #34420 on: June 20, 2022, 19:25:53 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
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« Reply #34421 on: June 20, 2022, 19:34:28 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.  
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JSO
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« Reply #34422 on: June 20, 2022, 20:34:34 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
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« Reply #34423 on: June 20, 2022, 21:08:20 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 👍
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Rule Britannia
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« Reply #34424 on: June 20, 2022, 21:21:25 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
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« Reply #34425 on: June 20, 2022, 21:36:12 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.
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« Reply #34426 on: June 20, 2022, 21:40:42 pm »

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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« Reply #34427 on: June 21, 2022, 06:06:18 am »

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.
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« Reply #34428 on: June 21, 2022, 10:32:46 am »

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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« Reply #34429 on: June 21, 2022, 19:39:33 pm »

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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« Reply #34430 on: June 22, 2022, 16:57:11 pm »

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.  Cool
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« Reply #34431 on: June 22, 2022, 20:16:27 pm »

I believe Thomas will be kept at arms length from decisions regarding this.
So things should be OK.  Cool

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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« Reply #34432 on: June 23, 2022, 08:31:14 am »

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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« Reply #34433 on: June 23, 2022, 11:15:25 am »

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.

KAMIKAZE ENTREPRENEUR ADVICE WARNING!
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« Reply #34434 on: June 23, 2022, 11:16:45 am »

I believe Thomas will be kept at arms length from decisions regarding this.
So things should be OK.  Cool
KAMIKAZE ENTREPRENEUR ADVICE WARNING!
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BedsCobb
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« Reply #34435 on: June 23, 2022, 12:01:33 pm »

KAMIKAZE ENTREPRENEUR ADVICE WARNING!
This scenario looks even more likely to happen.
More so than any of the scaremongering mundane copy and paste offerings you post up  Grin
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Melbourne Cobbler
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« Reply #34436 on: June 23, 2022, 12:14:53 pm »

This scenario looks even more likely to happen.
More so than any of the scaremongering mundane copy and paste offerings you post up  Grin
Rude
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« Reply #34437 on: June 23, 2022, 16:45:11 pm »

This scenario looks even more likely to happen.
More so than any of the scaremongering mundane copy and paste offerings you post up  Grin

You must really be upset at how little our tight fisted owners are spending on the squad this year.
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« Reply #34438 on: June 23, 2022, 16:51:50 pm »

You must really be upset at how little our tight fisted owners are spending on the squad this year.

How much is it geez?
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« Reply #34439 on: June 23, 2022, 21:01:16 pm »

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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