|
Post by Cosmic Pasty on Apr 8, 2016 18:36:42 GMT
santas grotto - the lowest point ? jesus that was grim What? This? Can't see our new owners being so crass in the future somehow! Agreed - we're moving up in the world now. Gold-plated traffic cones at the very least
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Apr 8, 2016 20:44:23 GMT
What? This? Holy Duck: I'd forgotten how bad that looked. That picture, while it may give children nightmares, should be Nick Higgs's epitaph.
|
|
|
Post by johnanagram on Apr 9, 2016 20:49:33 GMT
It is quite amazing the rubbish quoted on this forum at times. If anyone doubts that our Club has been run in an unprofessional way for the last few years do not need to talk to the new Board members just ask the employees and those who have had to work with the old Board. How the team manager and his staff and players have achieved what they have is quite amazing and a testimony to their quality in the circumstances. An examination of the record of Bristol Rovers Football Club after the late Ron Craig stood down as Chairman will tell us all we need to know.
|
|
|
Post by johnanagram on Apr 9, 2016 20:53:18 GMT
I was not talking about you personally 1986gas, it was a general comment about a lot of claptrap doing the rounds on both forums The comment about how bad the club was being run under the previous owners is not quantifiable as we having nothing to compare it with The only club i could compare it would be Bristol sports franchise (men's section) who lost £50m in the last few years. now compared to them, the old board did very well Not quantifiable? You are joking surely? Relegation to the conference and taking on payday loans chasing a vanity project doesn't count? Brilliant, just brilliant!!!!!
|
|
|
Post by alloutofgas on Apr 9, 2016 21:16:09 GMT
I find it amazing that individuals are posting on here defending the old regime. They were abysmal.
|
|
|
Post by johnanagram on Apr 10, 2016 6:17:38 GMT
I find it amazing that individuals are posting on here defending the old regime. They were abysmal. I think that is an insult to anything considered to be abysmal...........
|
|
bs14gas
Robin. S. Layer
Joined: May 2014
Posts: 462
|
Post by bs14gas on Apr 10, 2016 9:08:42 GMT
we are in transition from being a badly ran club by people with good intentions, to a modern well structured efficient operation, with the resources to do the job properly.
- Debt has been cleared - that without the stadium issue would have been cause for huge relief
- world class training facilities are being reviewed, I assume with the intention of adopting some if not all attributes
- key positions have been identified and staffed by industry leading personnel
To criticise the current board in any way shape or fashion is embarrassing.
In the interests of balance, there is nothing on the playing side that wouldn't have happened even if NH and old board were still in place?
|
|
|
Post by laughinggas on Apr 10, 2016 9:59:40 GMT
we are in transition from being a badly ran club by people with good intentions, to a modern well structured efficient operation, with the resources to do the job properly. - Debt has been cleared - that without the stadium issue would have been cause for huge relief - world class training facilities are being reviewed, I assume with the intention of adopting some if not all attributes - key positions have been identified and staffed by industry leading personnel To criticise the current board in any way shape or fashion is embarrassing. In the interests of balance, there is nothing on the playing side that wouldn't have happened even if NH and old board were still in place? My understanding is that some debt has been cleared, that being the loan, but not all. If this is incorrect I apologise for quoting you.
|
|
|
Post by gasheadpirate on Apr 10, 2016 10:10:01 GMT
we are in transition from being a badly ran club by people with good intentions, to a modern well structured efficient operation, with the resources to do the job properly. - Debt has been cleared - that without the stadium issue would have been cause for huge relief - world class training facilities are being reviewed, I assume with the intention of adopting some if not all attributes - key positions have been identified and staffed by industry leading personnel To criticise the current board in any way shape or fashion is embarrassing. In the interests of balance, there is nothing on the playing side that wouldn't have happened even if NH and old board were still in place? My understanding is that some debt has been cleared, that being the loan, but not all. If this is incorrect I apologise for quoting you. You are correct. None of the preference shares have been paid back for example. I know as I own some!
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Apr 10, 2016 10:28:13 GMT
As long as there's no more wongadebt, and plans in place to move towards sustainable finance and to become debt free, it's still amazing progress in my opinion.
|
|
bs14gas
Robin. S. Layer
Joined: May 2014
Posts: 462
|
Post by bs14gas on Apr 10, 2016 10:29:44 GMT
My understanding is that some debt has been cleared, that being the loan, but not all. If this is incorrect I apologise for quoting you. You are correct. None of the preference shares have been paid back for example. I know as I own some! My bad, I thought all debt had been paid e.g wonga type loan, directors loans? I don't know how 'preference shares' work?
|
|
|
Post by gasheadpirate on Apr 10, 2016 10:44:12 GMT
You are correct. None of the preference shares have been paid back for example. I know as I own some! My bad, I thought all debt had been paid e.g wonga type loan, directors loans? I don't know how 'preference shares' work? They were a way for the club to Reece investment from people and were supposed to pay interest, which they did for a few years but no interest has been paid for the last few years as the club had no money to pay it. They were mentioned during the shareholders meeting last month and one of the resolutions at the meeting.
|
|
|
Post by a more piratey game on Apr 10, 2016 11:38:55 GMT
You are correct. None of the preference shares have been paid back for example. I know as I own some! My bad, I thought all debt had been paid e.g wonga type loan, directors loans? I don't know how 'preference shares' work? 'debt' probably isn't a helpful word here I think. Generically speaking I think of them as shares rather than debt, though they are something of a hybrid (hence the 'preference' bit), as are lots of other financial instruments
it sounds to me like the 'straight debt' has been cleared. I have no knowledge of any facts to support this though
|
|
|
Post by laughinggas on Apr 10, 2016 11:45:57 GMT
I can remember someone saying loan was cleared and the plan was to clear the debts over time.
|
|
kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,263
|
Post by kingswood Polak on Apr 10, 2016 12:55:38 GMT
I can remember someone saying loan was cleared and the plan was to clear the debts over time. That is precisely what Wael Al Qadi said, verbatim. What we are doing is the usual in speculating. I think that we have been led a merry Dance or so long that I think it has become normal, to question. The big difference being that we are now, at long last, being given real information and I have not heard one little word of the usual stuff that was heard, before after and during a match day. The ITK crowd must be missing that. I think that we have had a great deal of damage done within our fanbase and that will not just heal overnight but if we pull together and try to keep the speculation to a minimum I truly believe that the new owner and chairman have the best interests of our great club at heart. We need to be patient, that is a definite. I am happy to be patient now because we do have the right people in place, to get the stadium sorted and to get the best value for the club, out of that stadium. In the past we had the lone Wolf, it's a massive difference and there really is no comparing the two.
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Apr 10, 2016 16:16:26 GMT
My understanding is that some debt has been cleared, that being the loan, but not all. If this is incorrect I apologise for quoting you. You are correct. None of the preference shares have been paid back for example. I know as I own some! Are your interest payments up to date?
|
|
|
Post by gasheadpirate on Apr 10, 2016 16:20:00 GMT
You are correct. None of the preference shares have been paid back for example. I know as I own some! Are your interest payments up to date? There have been no payments on Preference Shares for a few years now and there won't be this year either.
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Apr 10, 2016 16:23:22 GMT
Are your interest payments up to date? There have been no payments on Preference Shares for a few years now and there won't be this year either. Really, so will the interest payments be accumulated and paid in full in the future?
|
|
|
Post by gasheadpirate on Apr 10, 2016 18:27:22 GMT
Doubt it!
|
|