Deleted
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Post by Deleted on Aug 5, 2015 9:20:26 GMT
Trust me, UWE won't pay for it. So, in 12 hours we have gone from, to, All the message ping-pong and word games could end in an instant if you just said what you know and popped it up on here with your supporting evidence. The name of the thread is "UWE building their own stadium?" to which I replied "It's not happening" and followed it up with "UWE won't pay for it". Is that really that hard to grasp?
Best wishes,
#ITK
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Cheshiregas
Global Moderator
Joined: May 2014
Posts: 2,166
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Post by Cheshiregas on Aug 5, 2015 9:23:39 GMT
I'll say this again. Why would a University want to build a stadium? They have planning permission which can be modified. Why should they not cover every angle. They seem to have been professional in all that's been happening with the BoD and Shamesburys. If they fear BRFC will go under they will also know that with such a large fanbase a phoenix club will rise in the form of a new company or an AFC BRFC. That club will need a stadium because MSP will call their charge on the Mem and the Administrator will sell to the best bidder who will be unlikely to use the Mem as a Sports ground or care about its "Memorial" status. If it is a supermarket they won't care about fans having a stadium or the Nimbys having a flower garden either (Trash take note). UWE owning the stadium would mean they take nearly all revenues and have a sports complex that can be used by students and for sports scholarships. Makes sense if the BoD lose the case and BRFC crashes. PS LPG, is that In the Know or is there another Hidden Agenda ((copyright) Henbury Gas 2015)
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Deleted
Joined: January 1970
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Post by Deleted on Aug 5, 2015 9:33:29 GMT
So, in 12 hours we have gone from, to, All the message ping-pong and word games could end in an instant if you just said what you know and popped it up on here with your supporting evidence. The name of the thread is "UWE building their own stadium?" to which I replied "It's not happening" and followed it up with "UWE won't pay for it". Is that really that hard to grasp?
Best wishes,
#ITK
Obviously it is difficult for you to grasp. The title of the thread is a question, (that's demonstrated by the little wriggly thing after the words in the title) you haven't even attempted to answer that question but say that you should be trusted. Trust is earned, nothing from you here to support your statements, no reason to trust what you are saying. If you had some evidence however.........
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 5, 2015 9:40:54 GMT
The name of the thread is "UWE building their own stadium?" to which I replied "It's not happening" and followed it up with "UWE won't pay for it". Is that really that hard to grasp?
Best wishes,
#ITK
Obviously it is difficult for you to grasp. The title of the thread is a question, (that's demonstrated by the little wriggly thing after the words in the title) you haven't even attempted to answer that question but say that you should be trusted. Trust is earned, nothing from you here to support your statements, no reason to trust what you are saying. If you had some evidence however......... Haha, OK. I've answered the question which, is more than a lot of posters do when they imply they know things. My source? Does it matter? If you don't believe me that's fine, however I've shared what I've been told and I'm not going to share how I've found it out or from who.
Best wishes.
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Deleted
Joined: January 1970
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Post by Deleted on Aug 5, 2015 9:55:58 GMT
Obviously it is difficult for you to grasp. The title of the thread is a question, (that's demonstrated by the little wriggly thing after the words in the title) you haven't even attempted to answer that question but say that you should be trusted. Trust is earned, nothing from you here to support your statements, no reason to trust what you are saying. If you had some evidence however......... Haha, OK. I've answered the question which, is more than a lot of posters do when they imply they know things. My source? Does it matter? If you don't believe me that's fine, however I've shared what I've been told and I'm not going to share how I've found it out or from who.
Best wishes.
No evidence then, fair enough. I didn't ask for your source, just some facts to support what you are saying. I think we are all desperate for something to give us a bit of hope, or to learn once and for all that UWE is finally dead as far as Rovers are concerned.
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Post by Henbury Gas on Aug 5, 2015 10:06:39 GMT
Haha, OK. I've answered the question which, is more than a lot of posters do when they imply they know things. My source? Does it matter? If you don't believe me that's fine, however I've shared what I've been told and I'm not going to share how I've found it out or from who.
Best wishes.
No evidence then, fair enough. I didn't ask for your source, just some facts to support what you are saying. I think we are all desperate for something to give us a bit of hope, or to learn once and for all that UWE is finally dead as far as Rovers are concerned. Well Bamber you know my feelings on this, can i just say that UWE Legal people have been doing overtime for them in the last few weeks... As they say no smoke without fire....
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Post by droitwichgas on Aug 5, 2015 10:19:08 GMT
Obviously it is difficult for you to grasp. The title of the thread is a question, (that's demonstrated by the little wriggly thing after the words in the title) you haven't even attempted to answer that question but say that you should be trusted. Trust is earned, nothing from you here to support your statements, no reason to trust what you are saying. If you had some evidence however......... Haha, OK. I've answered the question which, is more than a lot of posters do when they imply they know things. My source? Does it matter? If you don't believe me that's fine, however I've shared what I've been told and I'm not going to share how I've found it out or from who.
Best wishes.
So in your sources view is the staduim dead w/o Rovers/Sainsbury's money, or is it possible it could be finanaced by another interested party? Could we have a situation where UWE supply the land, somebody like Icon etc financing & then managing it, with Rovers & the UWE making use of it?
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 5, 2015 10:22:02 GMT
Haha, OK. I've answered the question which, is more than a lot of posters do when they imply they know things. My source? Does it matter? If you don't believe me that's fine, however I've shared what I've been told and I'm not going to share how I've found it out or from who.
Best wishes.
So in your sources view is the staduim dead w/o Rovers/Sainsbury's money, or is it possible it could be finanaced by another interested party? Could we have a situation where UWE supply the land, somebody like Icon etc financing & then managing it, with Rovers & the UWE making use of it? Like I've repeatedly said the University will not pay for a stadium.
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Post by laughinggas on Aug 5, 2015 10:26:44 GMT
I'll say this again. Why would a University want to build a stadium? They have planning permission which can be modified. Why should they not cover every angle. They seem to have been professional in all that's been happening with the BoD and Shamesburys. If they fear BRFC will go under they will also know that with such a large fanbase a phoenix club will rise in the form of a new company or an AFC BRFC. That club will need a stadium because MSP will call their charge on the Mem and the Administrator will sell to the best bidder who will be unlikely to use the Mem as a Sports ground or care about its "Memorial" status. If it is a supermarket they won't care about fans having a stadium or the Nimbys having a flower garden either (Trash take note). UWE owning the stadium would mean they take nearly all revenues and have a sports complex that can be used by students and for sports scholarships. Makes sense if the BoD lose the case and BRFC crashes. PS LPG, is that In the Know or is there another Hidden Agenda ((copyright) Henbury Gas 2015) Thought the Mem and Rovers were separate entities therefore one could go bust with no 'call' on the assets of the other?
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Post by Nobbygas on Aug 5, 2015 10:30:41 GMT
I'll say this again. Why would a University want to build a stadium? For all of those lovelies studying for their 'Cheerleader Degree'. They've got to have a stadium to practice/study in.
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Post by CountyGroundHotel on Aug 5, 2015 10:37:59 GMT
I'll say this again. Why would a University want to build a stadium? They have planning permission which can be modified. Why should they not cover every angle. They seem to have been professional in all that's been happening with the BoD and Shamesburys. If they fear BRFC will go under they will also know that with such a large fanbase a phoenix club will rise in the form of a new company or an AFC BRFC. That club will need a stadium because MSP will call their charge on the Mem and the Administrator will sell to the best bidder who will be unlikely to use the Mem as a Sports ground or care about its "Memorial" status. If it is a supermarket they won't care about fans having a stadium or the Nimbys having a flower garden either (Trash take note). UWE owning the stadium would mean they take nearly all revenues and have a sports complex that can be used by students and for sports scholarships. Makes sense if the BoD lose the case and BRFC crashes. PS LPG, is that In the Know or is there another Hidden Agenda ((copyright) Henbury Gas 2015) Care to say how many football league clubs have been put in Administration and the Administrator has sold the freehold of the ground separately to the whole club?
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Post by CountyGroundHotel on Aug 5, 2015 10:38:31 GMT
So in your sources view is the staduim dead w/o Rovers/Sainsbury's money, or is it possible it could be finanaced by another interested party? Could we have a situation where UWE supply the land, somebody like Icon etc financing & then managing it, with Rovers & the UWE making use of it? Like I've repeatedly said the University will not pay for a stadium. Did say you were wasting your time.
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Peter Parker
Global Moderator
Richard Walker
You have been sentenced to DELETION!
Joined: May 2014
Posts: 4,920
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Post by Peter Parker on Aug 5, 2015 10:47:40 GMT
They have planning permission which can be modified. Why should they not cover every angle. They seem to have been professional in all that's been happening with the BoD and Shamesburys. If they fear BRFC will go under they will also know that with such a large fanbase a phoenix club will rise in the form of a new company or an AFC BRFC. That club will need a stadium because MSP will call their charge on the Mem and the Administrator will sell to the best bidder who will be unlikely to use the Mem as a Sports ground or care about its "Memorial" status. If it is a supermarket they won't care about fans having a stadium or the Nimbys having a flower garden either (Trash take note). UWE owning the stadium would mean they take nearly all revenues and have a sports complex that can be used by students and for sports scholarships. Makes sense if the BoD lose the case and BRFC crashes. PS LPG, is that In the Know or is there another Hidden Agenda ((copyright) Henbury Gas 2015) Care to say how many football league clubs have been put in Administration and the Administrator has sold the freehold of the ground separately to the whole club? But no one wants to buy Bristol Rovers ever apparently
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Post by Nobbygas on Aug 5, 2015 10:52:47 GMT
Care to say how many football league clubs have been put in Administration and the Administrator has sold the freehold of the ground separately to the whole club? But no one wants to buy Bristol Rovers ever apparently There is always a buyer if the price is right.
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womble
Arthur Cartlidge
Joined: May 2014
Posts: 300
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Post by womble on Aug 5, 2015 10:53:01 GMT
Haha, OK. I've answered the question which, is more than a lot of posters do when they imply they know things. My source? Does it matter? If you don't believe me that's fine, however I've shared what I've been told and I'm not going to share how I've found it out or from who.
Best wishes.
No evidence then, fair enough. I didn't ask for your source, just some facts to support what you are saying. I think we are all desperate for something to give us a bit of hope, or to learn once and for all that UWE is finally dead as far as Rovers are concerned. So we have a rumour of a 15,000 capacity stadium. South Glos say they have received no new application or request for amendments - if they had it would be public knowledge. A UWE spokesperson says they are 'unaware' of any new plan - well that may mean there isn't one or just that one individual is unaware of a new plan. Chewy says UWE won't pay for it (no surprise), but doesn't say the plan doesn't exist. Henbury says UWEs lawyers are busy. Well what do we know for certain? South Glos and UWE both want a stadium. 15,000 is impractically large for just university use. So either the plan doesn't exist, or a user is lined up. Bath rugby are highly unlikely to move, which leaves Rovers or barely conceivably, the Bristol Academy women's team. Funding? Well the Mem is probably worth £12-15m for housing. It doesn't have permission for all housing but that is probably not an insuperable barrier. If the present debt continued to be carried by the directors that is probably sufficient for a half share at least in a 15,000 stadium. So where does the rest come from? Or where does all of it come from and where do we fit in? Or perhaps we don't?
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brizzle
Lindsay Parsons
No Buy . . . No Sell!
Joined: May 2014
Posts: 4,293
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Post by brizzle on Aug 5, 2015 11:06:45 GMT
But no one wants to buy Bristol Rovers ever apparently There is always a buyer if the price is right. Spot on, this is exactly the nub of the matter when it comes to finding a buyer (or attracting new investment as it now seems to be termed). An item is only worth what a buyer is prepared to pay for it, and not the price that the seller desires. If the sellers price is not achieved, then the item is overpriced in the market place.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 5, 2015 11:07:48 GMT
No evidence then, fair enough. I didn't ask for your source, just some facts to support what you are saying. I think we are all desperate for something to give us a bit of hope, or to learn once and for all that UWE is finally dead as far as Rovers are concerned. So we have a rumour of a 15,000 capacity stadium. South Glos say they have received no new application or request for amendments - if they had it would be public knowledge. A UWE spokesperson says they are 'unaware' of any new plan - well that may mean there isn't one or just that one individual is unaware of a new plan. Chewy says UWE won't pay for it (no surprise), but doesn't say the plan doesn't exist. Henbury says UWEs lawyers are busy. Well what do we know for certain? South Glos and UWE both want a stadium. 15,000 is impractically large for just university use. So either the plan doesn't exist, or a user is lined up. Bath rugby are highly unlikely to move, which leaves Rovers or barely conceivably, the Bristol Academy women's team. Funding? Well the Mem is probably worth £12-15m for housing. It doesn't have permission for all housing but that is probably not an insuperable barrier. If the present debt continued to be carried by the directors that is probably sufficient for a half share at least in a 15,000 stadium. So where does the rest come from? Or where does all of it come from and where do we fit in? Or perhaps we don't? As Johnny Nash said, There are more questions than answers And the more I find out, the less I know.
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Thatslife
"Decisions are made by those who turn up"
Joined: June 2014
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Post by Thatslife on Aug 5, 2015 11:14:05 GMT
No evidence then, fair enough. I didn't ask for your source, just some facts to support what you are saying. I think we are all desperate for something to give us a bit of hope, or to learn once and for all that UWE is finally dead as far as Rovers are concerned. So we have a rumour of a 15,000 capacity stadium. South Glos say they have received no new application or request for amendments - if they had it would be public knowledge. A UWE spokesperson says they are 'unaware' of any new plan - well that may mean there isn't one or just that one individual is unaware of a new plan. Chewy says UWE won't pay for it (no surprise), but doesn't say the plan doesn't exist. Henbury says UWEs lawyers are busy. Well what do we know for certain? South Glos and UWE both want a stadium. 15,000 is impractically large for just university use. So either the plan doesn't exist, or a user is lined up. Bath rugby are highly unlikely to move, which leaves Rovers or barely conceivably, the Bristol Academy women's team. Funding? Well the Mem is probably worth £12-15m for housing. It doesn't have permission for all housing but that is probably not an insuperable barrier. If the present debt continued to be carried by the directors that is probably sufficient for a half share at least in a 15,000 stadium. So where does the rest come from? Or where does all of it come from and where do we fit in? Or perhaps we don't? Agree with your reasoning except the point that 15000 being to large for a university. Use by the uni is only one possibility, other money generating events such as concerts etc would need the capacity to be financially viable.
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Post by bluebeard on Aug 5, 2015 11:17:16 GMT
They have planning permission which can be modified. Why should they not cover every angle. They seem to have been professional in all that's been happening with the BoD and Shamesburys. If they fear BRFC will go under they will also know that with such a large fanbase a phoenix club will rise in the form of a new company or an AFC BRFC. That club will need a stadium because MSP will call their charge on the Mem and the Administrator will sell to the best bidder who will be unlikely to use the Mem as a Sports ground or care about its "Memorial" status. If it is a supermarket they won't care about fans having a stadium or the Nimbys having a flower garden either (Trash take note). UWE owning the stadium would mean they take nearly all revenues and have a sports complex that can be used by students and for sports scholarships. Makes sense if the BoD lose the case and BRFC crashes. PS LPG, is that In the Know or is there another Hidden Agenda ((copyright) Henbury Gas 2015) Care to say how many football league clubs have been put in Administration and the Administrator has sold the freehold of the ground separately to the whole club? Exactly, that's why football clubs structure their group companies in the way they do. Possible scenarios are: MSP could extend the loan or we refinance it with another pay day lender until the appeal and / or any Plan B negotiations are concluded
MSP call in the loan and, if it isn't repaid, they can take possession of the Mem. There would be a surplus for distribution back to the shareholders and other creditors if it was sold off for alternative use.
The existing shareholders could repay the loan from their own resources. No external borrowing but more internal debt making it even harder to attract a buyer.
Of course, the existing shareholders could sell the Mem or whole club to new investors for a figure just in excess of what is owed to MSP. Rovers would still have a home with no external debt but NH & co would need to take a major haircut on previous loans.
The existing shareholders could sell the Mem for alternative use themselves and pocket the cash.IMO it is very unlikely (unless the BOD opt to cut and run) that either the stadium co or football co would go into admin. There is still plenty of equity in the stadium site so the stadium co is solvent and all of the debt in the football co is internal. Assuming the Original Plan A is dead, I think best case scenario is external debt free with Rovers retaining the Mem, ideally with new owners and a Plan B in the pipeline. Worst case would be debt free but no ground. As the good lady judge said, I may be wrong but I don't think I am.
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Deleted
Joined: January 1970
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Post by Deleted on Aug 5, 2015 11:18:22 GMT
So we have a rumour of a 15,000 capacity stadium. South Glos say they have received no new application or request for amendments - if they had it would be public knowledge. A UWE spokesperson says they are 'unaware' of any new plan - well that may mean there isn't one or just that one individual is unaware of a new plan. Chewy says UWE won't pay for it (no surprise), but doesn't say the plan doesn't exist. Henbury says UWEs lawyers are busy. Well what do we know for certain? South Glos and UWE both want a stadium. 15,000 is impractically large for just university use. So either the plan doesn't exist, or a user is lined up. Bath rugby are highly unlikely to move, which leaves Rovers or barely conceivably, the Bristol Academy women's team. Funding? Well the Mem is probably worth £12-15m for housing. It doesn't have permission for all housing but that is probably not an insuperable barrier. If the present debt continued to be carried by the directors that is probably sufficient for a half share at least in a 15,000 stadium. So where does the rest come from? Or where does all of it come from and where do we fit in? Or perhaps we don't? Agree with your reasoning except the point that 15000 being to large for a university. Use by the uni is only one possibility, other money generating events such as concerts etc would need the capacity to be financially viable. Would be nice to stop Lansdown's relentless attempts to corner the local market as well. Marketed properly this could need a 15000 seat stadium
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