harrybuckle
Always look on the bright side
Joined: May 2014
Posts: 5,412
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Post by harrybuckle on Aug 6, 2017 13:59:40 GMT
Former Chairman Geoff Dunford's comments today. "Let us be realistic. The redevelopment of the Mem did not give a decent financial return to support the investment. The UWE stadium did but it is a leasehold. ( which can be renewed many times over) I suspect Dwayne Sport wanted freehold but in my eyes the value of the stadium for another purchaser is in the revenue returns as long as you have a renewable lease option. A new stadium elsewhere would be more exensive than UWE and planning will be a challenge. Dwayne Sports should not dismiss UWE so quickly and carry on negotiations to resolve their differences. Leasehold and freehold can be on a par financially if the revenue streams are there".
Clearly we need sensible debate with DS and the fans about the stadium issues. Rovers should be able to continue talks with UWE.
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Deleted
Joined: January 1970
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Post by Deleted on Aug 6, 2017 14:03:39 GMT
;-]
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Post by o2o2bo2ba on Aug 6, 2017 14:19:33 GMT
What the flip flops does he know? All he knows about is fluctuations in milk prices, saving clubs and shrewdly acquisitions of rugby grounds..
I suggest if all he knows about is how to yield from a tit, he should've handed over to Higgs long ago.. Ooops!
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 6, 2017 14:28:12 GMT
Former Chairman Geoff Dunford's comments today. "Let us be realistic. The redevelopment of the Mem did not give a decent financial return to support the investment. The UWE stadium did but it is a leasehold. ( which can be renewed many times over) I suspect Dwayne Sport wanted freehold but in my eyes the value of the stadium for another purchaser is in the revenue returns as long as you have a renewable lease option. A new stadium elsewhere would be more exensive than UWE and planning will be a challenge. Dwayne Sports should not dismiss UWE so quickly and carry on negotiations to resolve their differences. Leasehold and freehold can be on a par financially if the revenue streams are there".
Clearly we need sensible debate with DS and the fans about the stadium issues. Rovers should be able to continue talks with UWE.
This is low-grade nonsense. "Let us be realistic" (implying no-one else is, and bigging himself up as the voice of reason but failing to follow through) "I suspect": I'm speculating like everyone else, but will now pronounce on the basis of that. "... dismiss so quickly...resolve their differences": 'so quickly'? It's 18 months. How long should they give it? He implies agreement is eventually inevitable - despite only 'suspecting' what the problem is. If you accept the need to renegotiate, you accept that that might not be resolved, surely? That's being realistic. He's got as much right to comment as anyone else, but let's not think he has any extra insight or solution, and it bugs me that he presents as if he has. Stand by for his take now being taken as fact 'all over the Internet'.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 6, 2017 14:45:31 GMT
Not the same Geoff who kept placating us by publishing mythical stadium plans which never came to anything at all? Not that Geoff, surely?
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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 6, 2017 15:05:36 GMT
Former Chairman Geoff Dunford's comments today. "Let us be realistic. The redevelopment of the Mem did not give a decent financial return to support the investment. The UWE stadium did but it is a leasehold. ( which can be renewed many times over) I suspect Dwayne Sport wanted freehold but in my eyes the value of the stadium for another purchaser is in the revenue returns as long as you have a renewable lease option. A new stadium elsewhere would be more exensive than UWE and planning will be a challenge. Dwayne Sports should not dismiss UWE so quickly and carry on negotiations to resolve their differences. Leasehold and freehold can be on a par financially if the revenue streams are there".
Clearly we need sensible debate with DS and the fans about the stadium issues. Rovers should be able to continue talks with UWE.
This is low-grade nonsense. "Let us be realistic" (implying no-one else is, and bigging himself up as the voice of reason but failing to follow through) "I suspect": I'm speculating like everyone else, but will now pronounce on the basis of that. "... dismiss so quickly...resolve their differences": 'so quickly'? It's 18 months. How long should they give it? He implies agreement is eventually inevitable - despite only 'suspecting' what the problem is. If you accept the need to renegotiate, you accept that that might not be resolved, surely? That's being realistic. He's got as much right to comment as anyone else, but let's not think he has any extra insight or solution, and it bugs me that he presents as if he has. Stand by for his take now being taken as fact 'all over the Internet'. So what was great about NHs original deal Geoff?
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Thatslife
"Decisions are made by those who turn up"
Joined: June 2014
Posts: 669
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Post by Thatslife on Aug 6, 2017 15:14:35 GMT
What the flip flops does he know? All he knows about is fluctuations in milk prices, saving clubs and shrewdly acquisitions of rugby grounds.. I suggest if all he knows about is how to yield from a tit, he should've handed over to Higgs long ago.. Ooops! I suspect he knows more about it than you do and has a right to his own opinion. Yes he failed to get us a new stadium but I can assure you it wasnt for the lack of trying.
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Post by Colyton Gas. on Aug 6, 2017 15:19:34 GMT
Told us at an Open Day once,the Dribuild stand was being extended the full length of the pitch and behind the tent end?
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Post by DudeLebowski on Aug 6, 2017 15:27:56 GMT
All those years at the helm & he just about managed to get us a roof on the old Blackthorn End.
Take a seat Geoffrey for f**ks sake.
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Post by o2o2bo2ba on Aug 6, 2017 15:36:56 GMT
What the flip flops does he know? All he knows about is fluctuations in milk prices, saving clubs and shrewdly acquisitions of rugby grounds.. I suggest if all he knows about is how to yield from a tit, he should've handed over to Higgs long ago.. Ooops! I suspect he knows more about it than you do and has a right to his own opinion. Yes he failed to get us a new stadium but I can assure you it wasnt for the lack of trying. OMG, You've liked your own post, ffs! I was trying to be tongue in cheek actually, a bit like what the romans ever done for us. Guess that bit has been missed. He made mistakes, like everyone does, but generally I thought he was ok chap after meeting him once or twice
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Thatslife
"Decisions are made by those who turn up"
Joined: June 2014
Posts: 669
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Post by Thatslife on Aug 6, 2017 16:04:32 GMT
Liked by mistake, was trying to press the edit key but missed.
Sorry I didnt get your irony
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bloogas
Joined: July 2016
Posts: 1,090
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Post by bloogas on Aug 6, 2017 16:07:56 GMT
GD seems to be saying "what's wrong with leasehold" but I thought our problems since WW2 were because we didn't own a ground. It might work for supermarkets & similar but surely sports clubs need security of tenure.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 6, 2017 16:24:24 GMT
GD seems to be saying "what's wrong with leasehold" but I thought our problems since WW2 were because we didn't own a ground... surely sports clubs need security of tenure. I am certain you are right. As tenants, we could fold. Sadly, as has been pointed out to me, the alternative might be that BRFC will end up tenants of Dwane Sports anyway though, so still we could end up without the property freehold to guarantee our survival. The Dunfords took us from tenants to ground owners, and because of that we are still here. I cannot see why Geoff cannot see this, given his surname. BRFC should own their own home.
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Post by Gas Since 1957 on Aug 6, 2017 16:53:14 GMT
All those years at the helm & he just about managed to get us a roof on the old Blackthorn End.Take a seat Geoffrey for fs sake. Paid for by the 50/50 draw wasn't it? Hence the title "Raise the Roof" at the time.
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Post by o2o2bo2ba on Aug 6, 2017 17:10:18 GMT
Liked by mistake, was trying to press the edit key but missed. Sorry I didnt get your irony You know better than me. Happy. Notice you haven't unliked your like of your own message though.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 6, 2017 17:17:31 GMT
GD seems to be saying "what's wrong with leasehold" but I thought our problems since WW2 were because we didn't own a ground. It might work for supermarkets & similar but surely sports clubs need security of tenure. Nothing wrong with leaseholds but isn't that a red herring. Surely the points which couldn't be agreed on was who kept the match and non match day income? Any way wasn't GD behind the consortium which was rejected in favour of the current owners?
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 6, 2017 17:19:54 GMT
All those years at the helm & he just about managed to get us a roof on the old Blackthorn End.Take a seat Geoffrey for fs sake. Paid for by the 50/50 draw wasn't it? Hence the title "Raise the Roof" at the time. Along with the income from the sell of the car park which was ringfenced by the City Council for stadium improvements so it funded a few other things like the rent on the South Stand and the new floodlights.
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Rex
Predictions League
Joined: June 2014
Posts: 3,287
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Post by Rex on Aug 6, 2017 17:27:57 GMT
GD seems to be saying "what's wrong with leasehold" but I thought our problems since WW2 were because we didn't own a ground. It might work for supermarkets & similar but surely sports clubs need security of tenure. Nothing wrong with leaseholds but isn't that a red herring. Surely the points which couldn't be agreed on was who kept the match and non match day income? Any way wasn't GD behind the consortium which was rejected in favour of the current owners? I think we should listen to Geoff, after all he is very experienced when it comes to not building stadiums.
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harrybuckle
Always look on the bright side
Joined: May 2014
Posts: 5,412
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Post by harrybuckle on Aug 6, 2017 17:35:31 GMT
Nothing wrong with leaseholds but isn't that a red herring. Surely the points which couldn't be agreed on was who kept the match and non match day income? Any way wasn't GD behind the consortium which was rejected in favour of the current owners? I think we should listen to Geoff, after all he is very experienced when it comes to not building stadiums. He ensuring Rovers owned their first stadium since 1940 which is worth acknowledging.
Keeping the rugby club afloat was also noteworthy particularly commercially to Rovers as they paid rent for many years at the Mem till their departure to the theatre of dreams.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 6, 2017 17:43:57 GMT
I think we should listen to Geoff, after all he is very experienced when it comes to not building stadiums. He ensuring Rovers owned their first stadium since 1940 which is worth acknowledging.
Keeping the rugby club afloat was also noteworthy particularly commercially to Rovers as they paid rent for many years at the Mem till their departure to the theatre of dreams.
he also treated supporters with disdain which should be acknowleged, stuff him ;-]
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