jimmyhillsfanclub
Well-Known Member
£10.25 million due back in 3 weeks......ouch....has the club (chairman) got it?...or has it all been spent/invested/embezzled?
Northampton.... (1 Viewer)
- Thread starter ccfc92
- Start date
Grendel
Well-Known Member
jimmyhillsfanclub
Well-Known Member
...but he went to the hill....hes a hero don't ya know !!
Captain Dart
Well-Known Member
lift tower
Member
No he hasn't got it. It has apparently vanished somewhere. Something to do with the company he used (run by his mate) to project manage the build.
The original loan was £12m so I think the £1.75m he has paid back so far was a combination of the sisu money and the loan paying the loan back.
He's basically saying the only way he can pay it back is to sell the club.
skybluetony176
Well-Known Member
Maybe his friend Joy will recognise they're now a charity case. That takes care of £2M for them
skybluetony176
Well-Known Member
I thought it had been reported that it had already been paid back months ago?
Hope something gets sorted for the fans before it's too late. It sounds like someone needs some jail time over this. That amount of money doesn't just disappear into thin air. They're be a paper trail leading somewhere.
skybluetony176
Well-Known Member
I see that NTFC fans are planning a protest against the council.
Seems you've landed yourselves with the equivalent of CCFC's very own Bryan Richardson.
Looks like It will end badly, you have our sympathies.
SkyBlue_Bear83
Well-Known Member
Fair play to them, good to see fans standing up for there club and holding all sides accountable and demanding answers from all sides.
skybluetony176
Well-Known Member
Reading the BBC website it sounds like two scheduled payments were missed and with no progress on the site and clear evidence of the money either being repaid or progress on the proposed takeover happening the council have acted to protect the public purse.
The language starting to sound very familiar. Although the circumstances are different.
Whatever happens you can guarantee that the football club it's self and the fans will take the brunt of any action.
Do you know what. I'd never thought I'd feel sorry for the Northampton fans after their lack of sympathy to us but actually I do. I hope our trust is ready to support their trust if it can and likewise us individually as fans if they call on the wider football community for help.
Perhaps another fix football type of petition is in order. Our trust joining together with Northampton Towns trust, Blackpool's trust, Leeds trust and any other trust who want to get involved for the FL/FA to look at how they approve people who own and are involved in the running of football clubs.
Of the back of the FIFA scandal too the iron could be hot.
lifeskyblue
Well-Known Member
Football fans should stick together. Whatever the rivalries we fans must stand as one. Cov, Blackpool, Pompey and now Northampton....all brought to the brink by irresponsible ownership. And it won't end here. The very fabric of the national game with 4 professional leagues, the best cup competition and clubs rooted in communities is at stake. How long before one then two then a flood of these clubs go to the wall.
Northampton fans should have the sympathy and good wishes of true football fans across the country.
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Northampton fans should have the sympathy and good wishes of true football fans across the country.
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Terry Gibson's perm
Well-Known Member
Peoples employment was at stake at our club and in the local community when their wretched little club's owner and some of their fans welcomed our club to its home for the sake of a few quid. At least Walsall showed some solidarity and turned our request down.
I am sure we could send their mate Tim down to help them and we know a good quality administrator if they need one, tends to be a bit costly and not so good at finding things but will make sure the owner is well looked after.
I tend to agree with sick boy the football league are failing again and if there was anyway to do it that buffoon Clarke would be removed from his post.
skybluetony176
Well-Known Member
You should have tried reading their forum at the time. It wasn't exactly full of brotherly love for fellow football fans. Mocking is the word I'd use with the exception of lift tower who has posted on this thread and he got ganged up on GMK style for it.
Still that's by the by now. Fellow football fans are probably going to need support from the rest of the football community and we should (where we can) support them.
Yes I know what People are saying about the comments from their fans when we moved to sixfields. I couldn't believe some of what their lot were saying at the time, but it's only the vocal minority. Same as on here really.
I could see it from their point of view that they were being painted as the villains, when all they wanted to do was support their team so they reacted against us.
Interesting story though. The comparisons with them trying to arrange an effective protest are uncanny. Hope this works out some way for their fans
I could see it from their point of view that they were being painted as the villains, when all they wanted to do was support their team so they reacted against us.
Interesting story though. The comparisons with them trying to arrange an effective protest are uncanny. Hope this works out some way for their fans
italiahorse
Well-Known Member
It was only a few of their fans not all of them !!
Bit like Grendel on the Wasps board before he got banned.
italiahorse
Well-Known Member
Yes CCC should never have voted to finish building the Ricoh. We should have been left with no ground !!
J
Jack Griffin
Guest
In hindsight they should never have become involved.
Sick Boy
Well-Known Member
We still don't have a ground of our own though, do we? It would have been far better if the council had never got involved. Along with sisu they have completely screwed the club over.
It would have been far better if we had gone into administration as soon as we were relegated from the premireship and itv digital wenter bust.
chiefdave
Well-Known Member
Of course we'll never know but I suspect if CCC hadn't got involved the likes of Robinson and McGuninity would have looked to get out. A new owner may well have decided the new ground was a bad idea and exercise the buyback clause on HR.
lift tower
Member
like you say, messageboard fans are a small minority and gobshite ones are an even smaller minority. most fans who go to sixfields just support their team and couldn't care less about the off the field stuff. Whether it's coventry, cardoza or the council.
I'm sure hereford and boston had their fair share of those sort of fans too.
As for the council, they originally financed and built sixfields in the 90s and gave both the rugby club and the football club multi million pound loans to improve their stadiums. I would say their only mistake was not putting things in place to make sure the loans were used properly. In the rugby club's case it wasn't needed as they are a properly run outfit and their new stand is nearly finished already even though the work only started at the end of the season, whereas we are run by a dodgy spiv.
I had a feeling back in July 13 that our deal had the potential to go wrong the same way the coventry deal did when our fans were taking the piss. Was sorry to be proved right.
Word on the grapevine yesterday is that we will be ok, but I joined the trust anyway just incase.
letsallsingtogether
Well-Known Member
Your right, and you are.
letsallsingtogether
Well-Known Member
Wow you joined the trust. That's brave..
Just wait for the backlash now, like the one we get on here.
Sick Boy
Well-Known Member
You're*
skybluetony176
Well-Known Member
Just reading on the hotel end NT forum that there are rumours abound that Northamptonshire police fraud squad have paid the club a visit and it's a follow up on previous visit(s). Obviously not a sign of something untoward has happened but I can't imagine that this is routine.
skybluetony176
Well-Known Member
Going from bad to worse for Northampton now. The proposed takeover from a London based Indian consortium has fallen through although Cardozy says he's already in advanced talks with other parties.
NorthernWisdom
Well-Known Member
He's not given himself much time, with a loan to pay back by Friday.
Will be interesting to see how a council plays this one
Will be interesting to see how a council plays this one
J
Jack Griffin
Guest
lift tower
Member
bet they don't put us in admin.He's not given himself much time, with a loan to pay back by Friday.
Will be interesting to see how a council plays this one
Apparently the consortium wanted to turn the east stand in to one of the country's biggest Indian wedding venues!
chiefdave
Well-Known Member
What are they likley to do? With so much taxpayers money involved they will have to do something, especially with the rumours of fraud investigations and money not going where it should.
