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Post by Deleted on Aug 1, 2015 17:38:27 GMT
Well Lenny was the one who published something Deep Throat thought we ought to know, against the official line, ahead of the Cheltenham day out.
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Post by Deleted on Aug 1, 2015 17:43:26 GMT
Whatever UWE's cost of building a 15000 seater could be put it together with say the £10million Rovers could get for the Mem site and surely the 21700 stadium becomes a viability . I think I can remember reading somewhere that there were other interested parties in buying the Mem but Sainsburys were their preferred choice obviously the highest bidder, I wonder if the other parties could still be interested albeit for a lower price and put this towards the UWE 's interest in building the stadium surely they'll get £20 million for the land off another supermarket that'll be 50% of the stadium cost and UWE can find the other half. Why would they dilute ownership? I think that if this is true it's a question of either Higgs finds £30m that he forgot about in his sock drawer and we go ahead with Plan A, or UWE do their own thing and we can discuss rental for the football pitch 23 times a year. With athletics the place will look super in orange when a Sainsbury's sponsored event takes place.
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Peter Parker
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Richard Walker
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Post by Peter Parker on Aug 1, 2015 17:50:36 GMT
We dont even know if this is true. If it is then we dont even know if we will be asked to be tenants. But if it is true and if we are asked to be tenants then I hope somewhere in the 'watertight' contract between us and UWE that we can buy the stadium or a percentage of the stadium from selling the Memorial Stadium to someone else. Basically keep to the original plan = our stadium! The only difference is the stadium be funded by UWE and we pay them back after selling the Memorial Stadium and of course the capacity will be reduced but even that is not really an issue as 15,000 is more than enough and there could be an option to increase size. It all sounds good to me. Maybe too good to be true. Because of that, I dont believe this will happen and I will only believe it when we are playing in it. I still wouldnt believe it even when the players are on the pitch warming up. If we sold The Mem and paid off all the loans and debts how much do you reckon we would have left to give UWE if we lost this appeal?
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bs5
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Post by bs5 on Aug 1, 2015 17:54:34 GMT
Whatever UWE's cost of building a 15000 seater could be put it together with say the £10million Rovers could get for the Mem site and surely the 21700 stadium becomes a viability . I think I can remember reading somewhere that there were other interested parties in buying the Mem but Sainsburys were their preferred choice obviously the highest bidder, I wonder if the other parties could still be interested albeit for a lower price and put this towards the UWE 's interest in building the stadium surely they'll get £20 million for the land off another supermarket that'll be 50% of the stadium cost and UWE can find the other half. Why would they dilute ownership? I think that if this is true it's a question of either Higgs finds £30m that he forgot about in his sock drawer and we go ahead with Plan A, or UWE do their own thing and we can discuss rental for the football pitch 23 times a year. With athletics the place will look super in orange when a Sainsbury's sponsored event takes place. Possibly because if we sold the Mem to the next highest bidder then our costs towards a new stadium would mean the UWE wouldn't have to spend as much , quite simple really
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Peter Parker
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Post by Peter Parker on Aug 1, 2015 17:57:24 GMT
Why would they dilute ownership? I think that if this is true it's a question of either Higgs finds £30m that he forgot about in his sock drawer and we go ahead with Plan A, or UWE do their own thing and we can discuss rental for the football pitch 23 times a year. With athletics the place will look super in orange when a Sainsbury's sponsored event takes place. Possibly because if we sold the Mem to the next highest bidder then our costs towards a new stadium would mean the UWE wouldn't have to spend as much , quite simple really and what about paging off 7or8 million quids worth of debt, unless NH is feeling generous
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Post by Deleted on Aug 1, 2015 17:57:38 GMT
Why would they dilute ownership? I think that if this is true it's a question of either Higgs finds £30m that he forgot about in his sock drawer and we go ahead with Plan A, or UWE do their own thing and we can discuss rental for the football pitch 23 times a year. With athletics the place will look super in orange when a Sainsbury's sponsored event takes place. Possibly because if we sold the Mem to the next highest bidder then our costs towards a new stadium would mean the UWE wouldn't have to spend as much , quite simple really higgs/wonga want their share first
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bs5
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Post by bs5 on Aug 1, 2015 17:59:29 GMT
Possibly because if we sold the Mem to the next highest bidder then our costs towards a new stadium would mean the UWE wouldn't have to spend as much , quite simple really and what about paging off 7or8 million quids worth of debt, unless NH is feeling generous A few things to iron out obviously , is the 7 or 8 million worth of debt owed to Higgs? And where did you get this figure?
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Post by Deleted on Aug 1, 2015 18:04:13 GMT
Why would they dilute ownership? I think that if this is true it's a question of either Higgs finds £30m that he forgot about in his sock drawer and we go ahead with Plan A, or UWE do their own thing and we can discuss rental for the football pitch 23 times a year. With athletics the place will look super in orange when a Sainsbury's sponsored event takes place. Possibly because if we sold the Mem to the next highest bidder then our costs towards a new stadium would mean the UWE wouldn't have to spend as much , quite simple really You don't give yourself "a hump" unless you need one.
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Post by Deleted on Aug 1, 2015 18:06:14 GMT
So Plan B is in operation!! Are people forgetting where/who the idea for Rovers to build the Stadium at the UWE came from all those years ago? Also not to forget that Universities/colleges usually get what they ask for from local councils and the Government when a `bright` idea is suggested! When you think of it, the stadium under UWE management would be well managed and the income streams endless. And on top of that have the Rovers as tenants. Personally I would prefer, if this is the scenario, to stay at The Mem and have our own home. And utilise Football League grants. But I don't want my millions back do I?
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bs5
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Post by bs5 on Aug 1, 2015 18:06:55 GMT
Possibly because if we sold the Mem to the next highest bidder then our costs towards a new stadium would mean the UWE wouldn't have to spend as much , quite simple really You don't give yourself "a hump" unless you need one. Enlighten me
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Peter Parker
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Post by Peter Parker on Aug 1, 2015 18:20:22 GMT
and what about paging off 7or8 million quids worth of debt, unless NH is feeling generous A few things to iron out obviously , is the 7 or 8 million worth of debt owed to Higgs? And where did you get this figure? Thats basically from the accounts and adding the latest estimated costs on shoupd we lose the appeal
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Post by Deleted on Aug 1, 2015 18:21:04 GMT
We dont even know if this is true. If it is then we dont even know if we will be asked to be tenants. But if it is true and if we are asked to be tenants then I hope somewhere in the 'watertight' contract between us and UWE that we can buy the stadium or a percentage of the stadium from selling the Memorial Stadium to someone else. Basically keep to the original plan = our stadium! The only difference is the stadium be funded by UWE and we pay them back after selling the Memorial Stadium and of course the capacity will be reduced but even that is not really an issue as 15,000 is more than enough and there could be an option to increase size. It all sounds good to me. Maybe too good to be true. Because of that, I dont believe this will happen and I will only believe it when we are playing in it. I still wouldnt believe it even when the players are on the pitch warming up. If we sold The Mem and paid off all the loans and debts how much do you reckon we would have left to give UWE if we lost this appeal? All depends on how much we get for the Memorial Stadium! My guess is it will be just loans to pay off with the sell of the Memorial Stadium. Mr Higgs plan was for us to be debt free when we move into UWE. But plans change all the time. Now if this 'story' comes true, we will get less money for the Memorial Stadium meaning Mr Higgs plan to become debt free will not happen so will have to wait to get his money back. Maybe when we move into to UWE we may look a better option for investment who can buy out Mr Higgs. Who knows! But there is a hell of a lot of IF'S based on very little information which we dont even know is true!
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Post by Deleted on Aug 1, 2015 18:24:07 GMT
Why would they dilute ownership? I think that if this is true it's a question of either Higgs finds £30m that he forgot about in his sock drawer and we go ahead with Plan A, or UWE do their own thing and we can discuss rental for the football pitch 23 times a year. With athletics the place will look super in orange when a Sainsbury's sponsored event takes place. Possibly because if we sold the Mem to the next highest bidder then our costs towards a new stadium would mean the UWE wouldn't have to spend as much , quite simple really Only made sense when someone else was dealing with the ball ache of actually building the thing. How much confidence do you suppose they have today in Higgs, enough to jump into bed with him on a project that their international reputation hinges on?
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Post by Deleted on Aug 1, 2015 19:04:51 GMT
You don't give yourself "a hump" unless you need one. Enlighten me Simple, UWE don't need Rovers whereas,
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Post by gashead01 on Aug 1, 2015 19:07:12 GMT
If we sold The Mem and paid off all the loans and debts how much do you reckon we would have left to give UWE if we lost this appeal? All depends on how much we get for the Memorial Stadium! My guess is it will be just loans to pay off with the sell of the Memorial Stadium. Mr Higgs plan was for us to be debt free when we move into UWE. But plans change all the time. Now if this 'story' comes true, we will get less money for the Memorial Stadium meaning Mr Higgs plan to become debt free will not happen so will have to wait to get his money back. Maybe when we move into to UWE we may look a better option for investment who can buy out Mr Higgs. Who knows! But there is a hell of a lot of IF'S based on very little information which we dont even know is true! harry redknapp & co??
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Post by CountyGroundHotel on Aug 1, 2015 19:32:31 GMT
Whatever UWE's cost of building a 15000 seater could be put it together with say the £10million Rovers could get for the Mem site and surely the 21700 stadium becomes a viability . I think I can remember reading somewhere that there were other interested parties in buying the Mem but Sainsburys were their preferred choice obviously the highest bidder, I wonder if the other parties could still be interested albeit for a lower price and put this towards the UWE 's interest in building the stadium surely they'll get £20 million for the land off another supermarket that'll be 50% of the stadium cost and UWE can find the other half. You could ask the question of who are the people that have been having extensive viewings of the Mem .....
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Post by CountyGroundHotel on Aug 1, 2015 19:34:02 GMT
Whatever UWE's cost of building a 15000 seater could be put it together with say the £10million Rovers could get for the Mem site and surely the 21700 stadium becomes a viability . I think I can remember reading somewhere that there were other interested parties in buying the Mem but Sainsburys were their preferred choice obviously the highest bidder, I wonder if the other parties could still be interested albeit for a lower price and put this towards the UWE 's interest in building the stadium surely they'll get £20 million for the land off another supermarket that'll be 50% of the stadium cost and UWE can find the other half. Why would they dilute ownership? I think that if this is true it's a question of either Higgs finds £30m that he forgot about in his sock drawer and we go ahead with Plan A, or UWE do their own thing and we can discuss rental for the football pitch 23 times a year. With athletics the place will look super in orange when a Sainsbury's sponsored event takes place. Why indeed. Let UWE build the stadium, we can remain at the Mem for the next 5 years & then negotiate with the owners of a stadium that is sat unused for 365 days a year making no money.
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Post by Deleted on Aug 1, 2015 19:35:23 GMT
Whatever UWE's cost of building a 15000 seater could be put it together with say the £10million Rovers could get for the Mem site and surely the 21700 stadium becomes a viability . I think I can remember reading somewhere that there were other interested parties in buying the Mem but Sainsburys were their preferred choice obviously the highest bidder, I wonder if the other parties could still be interested albeit for a lower price and put this towards the UWE 's interest in building the stadium surely they'll get £20 million for the land off another supermarket that'll be 50% of the stadium cost and UWE can find the other half. You could ask the question of who are the people that have been having extensive viewings of the Mem ..... It was mentioned on here the other day but without much interest.
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Post by alloutofgas on Aug 1, 2015 19:40:43 GMT
Like I have always said, someone has the legal permission to build a stadium, something that has been elusive for many years, irrespective of the Guernsey exile's vast wealth. Some f*cker will build it!!
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Post by Topper Gas on Aug 1, 2015 19:47:23 GMT
Why would they dilute ownership? I think that if this is true it's a question of either Higgs finds £30m that he forgot about in his sock drawer and we go ahead with Plan A, or UWE do their own thing and we can discuss rental for the football pitch 23 times a year. With athletics the place will look super in orange when a Sainsbury's sponsored event takes place. Why indeed. Let UWE build the stadium, we can remain at the Mem for the next 5 years & then negotiate with the owners of a stadium that is sat unused for 365 days a year making no money. The only problem is how do we pay the Wonga loan of £3m+ at the end of the year, plus what if NH wants is "loan" repaid back within those 5 years? It looks like win the Appeal we get our own new ground, lose and we become tenants at the UWE. If NH had taken the £1.5m offered surely we could have at least been joint owners? Although doing it that way NH doesn't get his money back?
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