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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1421517 times)
Ragdoll Cobbler
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« Reply #35620 on: September 28, 2022, 17:02:37 pm »

Tweet by James from the Chron...

Update to this - been told the Trust need to sort some details before they can say anything publicly. But they do intend to release a statement soon #ntfc https://twitter.com/chronsport/status/1575048439985049601
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guest3481
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« Reply #35621 on: September 28, 2022, 18:43:21 pm »

Tweet by James from the Chron...

Update to this - been told the Trust need to sort some details before they can say anything publicly. But they do intend to release a statement soon #ntfc https://twitter.com/chronsport/status/1575048439985049601
Have they stolen KT's playbook?
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MCHammer
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« Reply #35622 on: September 28, 2022, 18:48:32 pm »

"Soon" is a step forward from "in due course".  Grin
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MCHammer
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« Reply #35623 on: September 28, 2022, 19:26:38 pm »

Oh, MC, how you are confusing me. I'm 90% sure that you are being sarcastic but you are doing it so well it's making me wonder... in these strange days who can tell...

Honestly no sarcasm here.  I just think people should start thinking about what they expect out of the Trust deal.  I know what I want to see and I base that on everything they have said our owners should have done and how easy it is to do.  So my expectation is they deliver all of that and hopefully more.  If they guarantee all that in the same way they expect our owners to i.e. No Stand, No Land and personal guarantees they will have my backing.

If for instance the Trust proposal is a link up with Cilldara or another development company with no links to the town or club.  The deal is the dev company put up the £3m, Trust get the ACV land and the dev company get the rest of the dev land.  Happy with that?  I wouldn't be.  Especially if you factor in the damage to the club this sort of deal would cause.

If the Trust are going to go into battle with the club over this land they need to deliver something big for the supporters and the club to make up for the damage the deal will cause.  What worries me is resignations like GPC's don't bode well that this deal is going to be about what's best for the club but what can hurt the owners the most.  I just hope KT isn't right when he says the Trust aren't just there for the rainy day they are actively trying to cause the rainy day.
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JollyCobbler
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« Reply #35624 on: September 28, 2022, 19:28:44 pm »

Grin Grin Grin

You canít be serious. I absolutely agree in essence you are right. But what in your opinion would happen if they had the spine to put their behaviour and their actions to the test? I go to every home game, plus I attend most away games. I speak to a sizeable cross section of our support on the train and at matches. I could count those that Iíve come across, on the fingers of one hand after a sawmill accident who agree with their actions.

I made it clear that I wasn't suggesting he was wrong. Just that what he said wouldn't stand as evidence in a court of law. Wink Grin
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Peter Frost
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« Reply #35625 on: September 28, 2022, 19:37:19 pm »

Why are people talking about a trust deal or bid? - itís complete fantasy - unless the judicial review proceeds and confirms WNC did not follow due process - until that happens (and itís a very big if) the land is already sold for £2.05 million to CDNL - perhaps someone could enlighten me on why there is so much chatter on something that is currently very far from reality - how can there be reports that WNC are considering the ďbidĒ when the situation is not actually open to bids?
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« Reply #35626 on: September 28, 2022, 19:50:40 pm »

No contract has been signed so its not a done deal. I would imagine the people selling the land would know if they've sold it or not and able to review other bids.
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MCHammer
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« Reply #35627 on: September 28, 2022, 20:03:53 pm »

Why are people talking about a trust deal or bid? - itís complete fantasy - unless the judicial review proceeds and confirms WNC did not follow due process - until that happens (and itís a very big if) the land is already sold for £2.05 million to CDNL - perhaps someone could enlighten me on why there is so much chatter on something that is currently very far from reality - how can there be reports that WNC are considering the ďbidĒ when the situation is not actually open to bids?

This is purely my own thoughts but surely it comes down to the ACV and the fact the council has to consider any formal bid submitted under this process.  They don't have to accept it but have to follow due process.  Two things were detailed as issues by the council regarding the original proposal with Goodwill.  The leases on the land and the potential loss of the overall development deal with CDNL if the ACV land was sold seperately.  So you mitigate the second point by offering to buy the whole thing for £3m.  Solves one of the councils issues.

Agree about the judicial review but that won't negate the ACV process and the right to bid.

Should the judicial review find fault I highly doubt the Trust and partners have the capability and would want to compete with Cilldara which is another thing that makes me nervous.

...To add to this after thinking further.  Maybe the Trust bid is for the ACV land but contains an offer to buy the whole dev land if CDNL withdraw their bid as could happen if the ACV land deal goes against them.  Of course it's all speculation though until the Trust Board find the password to the website and release that long awaited statement.
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MCHammer
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« Reply #35628 on: September 28, 2022, 20:08:19 pm »

No contract has been signed so its not a done deal. I would imagine the people selling the land would know if they've sold it or not and able to review other bids.

I think the point Peter is making is a solid one in that unless the judicial review finds fault the bidding process has completed and the council has agreed to sell the land to CDNL.  They can't just redo the process cause another bidder turns up.
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« Reply #35629 on: September 28, 2022, 20:14:30 pm »

I think the point Peter is making is a solid one in that unless the judicial review finds fault the bidding process has completed and the council has agreed to sell the land to CDNL.  They can't just redo the process cause another bidder turns up.
why not?
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Peter Frost
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« Reply #35630 on: September 28, 2022, 20:31:51 pm »

why not?

Ö..because itís sold subject to contract and there is no legal avenue at this time to reopen bidding
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MCHammer
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« Reply #35631 on: September 28, 2022, 20:39:43 pm »

why not?

Because the dev land is now sold to CDNL subject to contract and the ACV running track land is also sold to CDNL subject to contract but also subject to completion of the ACV process and assessment of any bids arising from that process.

Think about it logically.  The council can't follow a governed legal process then randomly decide to accept or even entertain another bid.  The issue as I said previously is that the ACV process does enable a bid from a community group on the running track land.  How that bid could extend beyond that onto the whole dev site is purely speculation but the Trust aren't bidding £3m for solely the running track land are they.      
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« Reply #35632 on: September 28, 2022, 20:46:24 pm »

Ö..because itís sold subject to contract and there is no legal avenue at this time to reopen bidding
So its not sold then
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MCHammer
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« Reply #35633 on: September 28, 2022, 21:11:35 pm »

So its not sold then

Think you are being a bit pedantic here mate.  It's fairly simple, they can't sell it to anyone else unless the deal breaks down with CDNL or the judicial review is won by Cilldara at which point it's open season again for anyone to bid.
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« Reply #35634 on: September 28, 2022, 21:15:14 pm »

Think you are being a bit pedantic here mate.  It's fairly simple, they can't sell it to anyone else unless the deal breaks down with CDNL or the judicial review is won by Cilldara at which point it's open season again for anyone to bid.
Not being pendantic, just don't agree. And the council have confirmed they are reviewing the proposal
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« Reply #35635 on: September 28, 2022, 21:20:22 pm »

Not being pendantic, just don't agree. And the council have confirmed they are reviewing the proposal
Quite legal to gazump and steal a residential property from under the nose of another. Comes down to the discretion of the council I would imagine.
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MCHammer
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« Reply #35636 on: September 28, 2022, 21:54:09 pm »

Not being pendantic, just don't agree. And the council have confirmed they are reviewing the proposal

As they are obliged to when a proposal is submitted through the ACV process...which was the only process remaining open to the Trust to make a bid.
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Ragdoll Cobbler
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« Reply #35637 on: September 29, 2022, 00:09:34 am »

If only that councillor fella wasn't hounded off this board by the usual suspects eh!?
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Terryfenwickatemyhamster
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« Reply #35638 on: September 29, 2022, 08:00:15 am »

I remain relatively ambivalent about the whole issue. Somewhat worn down by years of unnecessary feuding between these two.

I would love to feel the same passion for events off the pitch as I do for those on it. But unfortunately the same egos that govern us in life, have crept into every part of life.

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« Reply #35639 on: September 29, 2022, 08:07:16 am »

As they are obliged to when a proposal is submitted through the ACV process...which was the only process remaining open to the Trust to make a bid.
So there was still a legal route for the Trust to submit a bid and for the council to review it then?  Huh?
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