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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1821493 times)
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« Reply #29340 on: October 07, 2021, 11:30:21 am »

It's a bit puzzling that some people expect the Trust to go to potential investors when there are no figures available as to what might be needed. Previously KT was asking for between £3M and £5M but no one is going to touch that with a bargepole, a bit like KT when NBC said they wanted their £10M back so he walked away.
    Realistically NTFC is worth what KT paid for it, £1, it has no assets and a lot of debt, if KT/DB wrote off their loans they would be plenty of interest and they would only be £200K down when you take the £6.8M Chinese money.
    There are, at the moment, 10 League 1 clubs and 17 clubs in League 2 with a smaller average attendance than us, they haven't all got benefactors and they all don't lose £1M per year. So what are these 27 clubs doing that NTFC aren't ?
    We ran at a break even capacity under DC for a couple of years so it is possible to do it.
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