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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1141027 times)
Steve Massive Massey
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« Reply #28800 on: June 20, 2021, 18:06:44 pm »

I’ll keep them coming. Expenditure is expenditure and its potential burden is relative to income.
Spurs Stadium cost may dwarf our kitchen extension but our income isn’t over 400 million a year either is it? If the 2 are so separate what do you suppose happened to the original 4 million that was set aside for the development. Sorry Steven, the 2 are linked and no amount of persuasive argument will change my opinion. I’d give you my C.V but I don’t think it would help.


You just said you were bored with posting? Make your mind up!

Yes, I wholeheartedly agree with everything you say, you are absolutely correct, they are inextricably linked, however you must take the chairman at his word in this specific instance. Maybe you or Evers could pose the very question next week?

If this development goes ahead, will it affect the playing budget?

I appreciate we are opposite ends of the spectrum but when project managers, financiers tell me they cannot afford it, I tell them they cant afford not to. Usually meet somewhere in the middle and then go way over!
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Steve Massive Massey
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« Reply #28801 on: June 20, 2021, 18:09:51 pm »

I’d give you my C.V but I don’t think it would help.


No than you Melly, I might owe you money?  Huh?
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« Reply #28802 on: June 20, 2021, 18:13:46 pm »

You just said you were bored with posting? Make your mind up!

Yes, I wholeheartedly agree with everything you say, you are absolutely correct, they are inextricably linked, however you must take the chairman at his word in this specific instance. Maybe you or Evers could pose the very question next week?

If this development goes ahead, will it affect the playing budget?

I appreciate we are opposite ends of the spectrum but when project managers, financiers tell me they cannot afford it, I tell them they cant afford not to. Usually meet somewhere in the middle and then go way over!
I’m not really bored with the subject matter, TBH I find the different points of view fascinating. Personally with regards to your last paragraph I take each case on its merits, sometimes it’s true, sometimes not. I’ll wait to see how the finance is structured before I pass comment. As a matter of interest when spend on a project goes over, is it typically about 30%, just a theory I have?
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Steve Massive Massey
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« Reply #28803 on: June 20, 2021, 18:20:01 pm »

I’m not really bored with the subject matter, TBH I find the different points of view fascinating. Personally with regards to your last paragraph I take each case on its merits, sometimes it’s true, sometimes not. I’ll wait to see how the finance is structured before I pass comment. As a matter of interest when spend on a project goes over, is it typically about 30%, just a theory I have?

As an average I would say 25%. Ive never been involved with a project other than my own build that has not gone over estimates or contingency. Mainly due to clients changing their minds and delays. Never compromise the finish.
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« Reply #28804 on: June 20, 2021, 18:22:45 pm »

As an average I would say 25%. Ive never been involved with a project other than my own build that has not gone over estimates or contingency. Mainly due to clients changing their minds and delays. Never compromise the finish.
Always goes over for me, not quite the expert I make out am I.
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Steve Massive Massey
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« Reply #28805 on: June 20, 2021, 19:02:38 pm »

It is fascinating I agree, many clubs have almost gone to the wall with over ambitious projects, Chelsea's East stand, Forest and Wolves all had problems.

I do see a significant difference here though as mentioned a few posts back, there is a genuine appetite (excuse the pun) for some greater standard of commercial offering at the club.

This specific gaping hole absolutely needs filling, not only for the F&B opportunities but some impressive and plush surroundings may open cheque books that were previously absent, just keep pouring the wine!

For £4m? The returns are greater than the risk. You cant afford not to.  Wink

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« Reply #28806 on: June 20, 2021, 19:30:36 pm »

Ultimately any investment in a football club, restaurant, cinema, retail store...costing hundreds of thousands or millions of pounds is a risk. If the demand is there it will pay back over a projected period. It's normally impacted by several variables, many unforeseen (Covid an extreme but prime example), which is why for every thriving McDonalds franchise there is a Frankie and Benny's.
Arsenal have the brand and demand, we don't. We are more the poorly marketed independent back street cafe who haven't invested and borrowed to tread water, whilst waiting for the council to lay us an golden egg. We are still worth £1 at best if debt free.
 
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All he had to do was build a stand.
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« Reply #28807 on: June 20, 2021, 20:18:08 pm »

As an average I would say 25%. Ive never been involved with a project other than my own build that has not gone over estimates or contingency. Mainly due to clients changing their minds and delays. Never compromise the finish.
They always go over. One site the client went home on friday, smoked something funny, came back on monday, and said that he wanted a swimming pool on the roof. Cue underpinning, steel supports, road closure, roof reinforcement.
And I once put underfloor heating in the summerhouse of a well known actress in Primrose Hill. She liked it so much, that she wanted it put in the garden as well. More money than sense.
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Steve Massive Massey
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« Reply #28808 on: June 21, 2021, 04:13:10 am »

They always go over. One site the client went home on friday, smoked something funny, came back on monday, and said that he wanted a swimming pool on the roof. Cue underpinning, steel supports, road closure, roof reinforcement.
And I once put underfloor heating in the summerhouse of a well known actress in Primrose Hill. She liked it so much, that she wanted it put in the garden as well. More money than sense.

 Grin Ah London, I saw you coming!

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« Reply #28809 on: June 21, 2021, 19:07:58 pm »

Sorry about another thread regards redevelopment!

The club currently have a job going for box office and CRM manager, nothing really interesting in that! However in the job description the following job role requirements are listed:-

c) Working with the club Chairman on how ticketing and stadium entry will work post re-development.
d) Look at costs and benefits of implementing an access control system into the stadium. Looking at avenues open to increasing matchday revenue and cost savings by having a full or part system in place.

Am I reading too much into this, or doe this mean the stadium work is not far from kicking off???

Be nice to think so.
Really not sure about this thing on Friday.
I would love to be positive but reading some of the posts and comments on Facebook there seems to be something going on behind the scenes(whatever that is)
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« Reply #28810 on: June 21, 2021, 19:28:14 pm »

Sorry about another thread regards redevelopment!

The club currently have a job going for box office and CRM manager, nothing really interesting in that! However in the job description the following job role requirements are listed:-

c) Working with the club Chairman on how ticketing and stadium entry will work post re-development.
d) Look at costs and benefits of implementing an access control system into the stadium. Looking at avenues open to increasing matchday revenue and cost savings by having a full or part system in place.

Am I reading too much into this, or doe this mean the stadium work is not far from kicking off???

Be nice to think so.
Really not sure about this thing on Friday.
I would love to be positive but reading some of the posts and comments on Facebook there seems to be something going on behind the scenes(whatever that is)
Your not wrong there’s something v big going on.....tick tock........
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Rule Britannia
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« Reply #28811 on: June 21, 2021, 19:50:35 pm »

Any chance of letting some of this “v big going on” out?
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« Reply #28812 on: June 21, 2021, 20:53:34 pm »

Zen, Manwork goes on the basis that if you say something big is happen every week. Eventually he will be right, then he can come on here and say " I told you so " If he really knows anything of interest he would have posted it on here.
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« Reply #28813 on: June 21, 2021, 21:40:51 pm »

It's a new poster, albeit one with a very similar sentence structure to a previous idiot, quoting a 9 year old post. I'll let you lot work out whether he really knows anything or not.
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« Reply #28814 on: June 25, 2021, 09:56:03 am »

Pretty bullish and comprehensive answer to the Trust puffing their chest out.
I don’t think they’ll be exchanging Xmas cards.

https://www.northamptonchron.co.uk/news/people/supporters-trust-pulls-plug-on-backing-for-northampton-town-land-dealbut-club-chairman-hits-back-at-criticisms-3286118?amp

“Unmoved”
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All he had to do was build a stand.
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« Reply #28815 on: June 25, 2021, 10:09:21 am »

That seems like a big "Fúck you" to the Trust from the club and to be honest I am not surprised.
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Ragdoll Cobbler
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« Reply #28816 on: June 25, 2021, 10:09:23 am »

Wow, mic drop moment from KT!

No coming back from this from the Trust (oh, and cheers for asking your members if WE wanted to be part of the offered zoom call!!!)


Supporters Trust pulls plug on backing for Northampton Town land deal...but club chairman hits back at criticisms
Trust "unconvinced the deal would be in Cobblers best interests "Kelvin Thomas: "We will no longer be bullied"

Northampton Town Supporters Trust has withdrawn its support for a land deal which could see the club's East Stand finally finished.

Cobblers want to build on club leased, council-owned land next to Sixfields stadium and the club and West Northamptonshire Council — which took over negotiations from Northampton Borough Council — are agreed on the stand being finished first.

The supporters trust had previously backed the plan but added it wanted to see see detailed financial plans to show how it would put the club on a sustainable financial footing.

This week the trust's board confirmed it remains "unconvinced the deal would be in the best interests of Northampton Town FC" after getting no replies in the format they wanted to its questions posed to Cobblers chairman Kelvin Thomas.

Mr Thomas issued a response to the trust in which he said he was "pretty unmoved by it" and said the timing of the statement release was "strange".

The trust's statement said: " More than a month has now passed since Kelvin Thomas invited questions from the Supporters Trust board about the Sixfields land deal the club is negotiating with West Northamptonshire Council.

"The Trust has to date received no replies to any of the questions it submitted, having asked for written responses so that they are clear, understood and on the record and could therefore be shared with members and the wider fanbase.

"Accordingly, in the absence of full and satisfactory written answers, the Trust is no longer in a position to support the land deal going forward."

In a statement released to the Chronicle & Echo, Cobblers chairman Thomas said: “We saw the statement from the Trust and are pretty unmoved by it to be honest.

“It all seems rather strange timing to everyone at the club that they would pull their support of a proposal they have previously supported just because we haven’t answered questions in a format they demand three days before an open and public event which is designed for people to ask questions.

“Maybe they think their questions are more important than anyone else’s or other fans don’t have the ability to ask sensible or important questions. It makes little sense to us all at the club.

“We have explained our position very clearly to them in letters and subsequent emails. We explained that we didn’t understand some of their questions, some of the questions have been answered previously either in writing or verbally or both, we asked what some of the questions even had to do with the development and we also felt there was an agenda to their overly aggressive tone and approach.

“A quick review of social media and online forums shows that a lot of fans seemed to feel the same way.

“Interestingly their last question asks if we would sell the club for a pound. Do they honesty think we would sell the club to them for a pound? Firstly, the staff would never forgive us and nor would many fans who send us emails or messages on social media regularly saying that the Trust do not represent them or their views

“We have no idea how they think this public grandstanding is in the best interests of the club or the supporters and therefore we will not be responding to it any further.

“We are more than happy to share our recent and then any future communication (if there is ever any), which will allow all fans, trust members or not, to decide who is being more transparent in this matter.

“While the trust mentioned in their most recent statement that we only offered a Zoom meeting with them, what they did not mention was that we also offered for that meeting to be open to all their members and even all fans. We are just not sure how much more transparent the club can be.

“We have been here a long time and since saving the club from going under, we have invested millions of pounds, we have paid bills and staff on time, we have settled some very hefty bills that were incurred from the previous ownership and board of directors, which included a Supporters Trust representative, we have not charged interest on any of the money loaned or taken salaries ourselves and we even topped up everyone’s wages during the pandemic.

“Many of the staff at the club are lifelong fans, they are passionate about the club and its place in the community. We all know what the club means to the town and the people of Northampton.

"Even this summer we have seen people like Graham Carr, Colin Calderwood, Marc Richards and Jon Brady, some of whom have long standing affiliations to the club be appointed to senior positions.

"If there really were underlying issues at the club, they would be well known by now, but the Trust cannot actually pinpoint anything except we haven’t answered their questions in the way they want us to.

“We will no longer be bullied and if the trust do not want to support the club’s plans, then so be it. We will all have to continue our hard work for the club without them.

“However, their constant attempts to politicise the matter is probably the most disappointing and definitely the most damaging to the club.

“Luckily the process we are going through with the council cannot be a political one. The officers are rightly tasked with going through an independent process to ensure that any discussion or future agreement will stand up to internal and external scrutiny.

“In addition, any decisions made by members at a later date will be based on the facts presented and not the opinions of a disaffected group, just like as it should be at local government. We have to trust the politicians that they will see this for what it is.

“We are very confident that we are working in the best interests of the club and all at the Council are working in the best interests of the Council and the taxpayers of West Northamptonshire. We are just not sure what the Trust are working towards.

“We will now concentrate on the important business of preparing for the new season and the open house event. We look forward to talking to a wide range of supporters on Friday and thank all supporters for their continued support.”

Offers from the club of a Zoom meeting to discuss the questions were turned down by the trust, which was formed in 1992.
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« Reply #28817 on: June 25, 2021, 10:55:17 am »

Well I would say that confirms the end to any possible working relationship between the Club and the Trust.

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« Reply #28818 on: June 25, 2021, 11:06:04 am »

Well I would say that confirms the end to any possible working relationship between the Club and the Trust.



Whilst I don’t entirely trust KT and certainly he has been lacking on clear communication I feel the trust have completely shot themselves in the foot - if KT‘s statement of offering in addition to a zoom meeting a more open meeting and the trust refused without member consultation I can only conclude once again it’s a power game by the few an whilst they may believe it they are not truely representing their wider membership- come on Manny please reveal this trust link with the council and why you believe KT is running scared because it certainly doesn’t appear to be the case
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« Reply #28819 on: June 25, 2021, 11:14:15 am »

Good statement that

Whilst I agree there does need to be accountability the trust seem to be going about it in an aggressive, almost goading way. Also the trust ask for transparency but they’re not supplying it according to that statement.

I think the trust are trying to do their best to hold people to account, but are maybe being led by a few with agendas and as a result they’re coming off as a bit petulant and demanding. ‘Grandstanding’ would perhaps sum it up.
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