I wonder what Do Do will hit the fan today...

Ooh you old cynic you....

Mayan Skull for Chairman after a hostile takeover.

Well I very much hope so Henbury Gas, Just wondered because i always read your posts on the subject of the Stadium and things in general. Have to say i would be very surprised if we went into administration as we seem to be cutting our costs so much to compensate for the relegation and until the Stadium is dead in the Water i am sure ALL directors will want the ship to stay afloat.

I Think The Store itself will not be built if Sainsbury "Have" to buy the mem. it will either Land bank or sit on it until Large Stores become viable again.

Was speaking to the manager of a Tesco Express recently and a recent Study by Tesco has shown the trend towards the High Street "convenience" stores is not working because customers now are more concerned about Price not availability.

Last year Tesco made approx 40% of there overall profit from Express stores, this year its projected to be 30%-35%

So the rise of the Lidl's of this world is what is working at the moment, i wonder if Sainsbury will reactivate its budget brand (Neto ?) and put that on the mem ??


Also found out if Sainsbury do buy the mem and leave the stadium as is they have to pay council tax on it.... 

Back in the day board meetings were always held on the first Monday of the month Henbury. What makes you think that this one is any different?

I was told by a source close to the board that today's meeting was an extra ordinary meeting. I can only assume that extra items are on the agenda ??

I expect it's to sanction a couple of new signings before the transfer window closes. ;-)

As to people saying the club might go into admin, I can't see that happening whilst the directors are the biggest creditors and are willing to carry on funding their losses. Interesting that GD has placed a charge on the stadium, do the owners have to agree to this happening?

When I first joined the board the club was skint and a couple of directors had resigned. Geoff explained that it was the norm at Bristol Rovers to repay directors loans when directors stood down so that future investors wouldn't be put off by previous directors struggling to recover their loans. Geoff honoured this with the resignations of 2006 so I don't see why he shouldn't have his loans repaid now that he has stood down.

Shareholding is different and Geoff's shares still look to be a good investment as long as The UWE goes ahead.

A charge is something that secures a loan against property - a mortgage for example. It makes an unsecured loan a secured loan. The difference being the lender knows that they'll always be able to force the sale of land if they have to to recover the money or if the borrower sells the land or goes bankrupt the lender can recover the money.