dinsdale
Andy Rammell
Joined: May 2014
Posts: 495
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Post by dinsdale on Aug 12, 2017 16:51:51 GMT
Did he explain why it matters if you own the land outright or have a lease on it that would last well over a hundred years, and even then, you could renew at the end of the term? To give some context, most League clubs are around 125 years old. Apart, of course, from one local one, which has no history at all. Not as such. He intimated that in recent history clubs which have not owned their own grounds have encountered problems. My general football knowledge is not good so I couldn't guess which clubs he was referring to or what problems those clubs may have had. The more knowledgeable on here may be able to enlighten me? What I have taken from the interview, as a personal interpretation, is that the UWE deal can't have been that great for BRFC if the Mem redevelopment offers more. Time will tell, of course. For now I'm remaining positive. Its a 100 year lease at f**k all rent, as Mr Dunford said no problems with that. Better a leasehold where we make money then a freehold where we dont
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 12, 2017 17:03:29 GMT
Not as such. He intimated that in recent history clubs which have not owned their own grounds have encountered problems. My general football knowledge is not good so I couldn't guess which clubs he was referring to or what problems those clubs may have had. The more knowledgeable on here may be able to enlighten me? What I have taken from the interview, as a personal interpretation, is that the UWE deal can't have been that great for BRFC if the Mem redevelopment offers more. Time will tell, of course. For now I'm remaining positive. Its a 100 year lease at f all rent, as Mr Dunford said no problems with that. Better a leasehold where we make money then a freehold where we dont Before we all take a fixed position on the merits of leasehold, because of what Mr Dunford guessed, we don't know that that was the only issue (or if it was an issue). It's a pretty binary question, so I doubt that it took 18 months to agree to disagree, with everything else settled and cushty. We don't know what was unresolved.
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Post by Feeling The Blues on Aug 12, 2017 17:39:20 GMT
Its a 100 year lease at f all rent, as Mr Dunford said no problems with that. Better a leasehold where we make money then a freehold where we dont Before we all take a fixed position on the merits of leasehold, because of what Mr Dunford guessed, we don't know that that was the only issue (or if it was an issue). It's a pretty binary question, so I doubt that it took 18 months to agree to disagree, with everything else settled and cushty. We don't know what was unresolved. No we don't and so the suspicion is that they simply don't have the money to build it. Nor did Higgs of course but at least we and he knew that.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 12, 2017 17:54:02 GMT
Before we all take a fixed position on the merits of leasehold, because of what Mr Dunford guessed, we don't know that that was the only issue (or if it was an issue). It's a pretty binary question, so I doubt that it took 18 months to agree to disagree, with everything else settled and cushty. We don't know what was unresolved. No we don't and so the suspicion is that they simply don't have the money to build it. Nor did Higgs of course but at least we and he knew that. I think it's more about the willingness to spend the money and the change in power within the club since the takeover.
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Post by swissgas on Aug 12, 2017 17:56:52 GMT
For me this was another disappointing interview with Wael relying on his "niceness" to keep fans on-side.
There was no substance or conviction just a lot of soundbites and wishful thinking.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 12, 2017 18:02:13 GMT
Before we all take a fixed position on the merits of leasehold, because of what Mr Dunford guessed, we don't know that that was the only issue (or if it was an issue). It's a pretty binary question, so I doubt that it took 18 months to agree to disagree, with everything else settled and cushty. We don't know what was unresolved. No we don't and so the suspicion is that they simply don't have the money to build it. Nor did Higgs of course but at least we and he knew that. There are even shallower grounds for that: because we don't know that it's x, it must be y (on no evidence whatsoever). If it's freehold, it's how much. If it's leasehold, the freeholder retains rights, including to an income stream, and a degree of control about what you do and how you do it. Some might be pretty 'do as you like' but others can be (contractually) very restrictive. The Duchy of Cornwall is famously 'scrupulous'. Maybe the sticking points were somewhere deep in there. I really doubt that they spent 18 months on the binary issue itself.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 12, 2017 18:09:53 GMT
For me this was another disappointing interview with Wael relying on his "niceness" to keep fans on-side. There was no substance or conviction just a lot of soundbites and wishful thinking. spot on we'll go for it had a touch of de ja vu to it , lovely bloke wael but my gut instinct says its not gonna happen
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Post by o2o2bo2ba on Aug 12, 2017 18:45:30 GMT
Oh god, really?
We got a future in a home that is our home already?
Where we can actually walk to the ground or get meaningful public transport to/from quite easily and cheaply?
Where we have seen some tear jerking moments of emotion?
Where after the match, it is easy to commute to where you want to spend the next part of your day?
Where there is an established community, largely accepting and welcoming?
Where it might actually be cheaper to mastermind and is already in affluent area of Bristol?
Maybe the no brainer answer was already under our noses? Perhaps the positives can be exploited more in long term than we realise.
And, after all said and done, the memory of the war dead will continue on in the same faith. We will hold Bristol's largest memoriam and epitaph to all those lost souls of wars gone by. It's history gone by and maybe history yet to be created.
It's a great opportunity.
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Post by PessimistGas on Aug 13, 2017 9:15:24 GMT
Did he explain why it matters if you own the land outright or have a lease on it that would last well over a hundred years, and even then, you could renew at the end of the term? To give some context, most League clubs are around 125 years old. Apart, of course, from one local one, which has no history at all. Not as such. He intimated that in recent history clubs which have not owned their own grounds have encountered problems. My general football knowledge is not good so I couldn't guess which clubs he was referring to or what problems those clubs may have had. The more knowledgeable on here may be able to enlighten me? What I have taken from the interview, as a personal interpretation, is that the UWE deal can't have been that great for BRFC if the Mem redevelopment offers more. Time will tell, of course. For now I'm remaining positive. Did he say anything about the imminent super duper training ground?
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Angas
Joined: May 2014
Posts: 2,067
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Post by Angas on Aug 13, 2017 9:27:19 GMT
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Post by PessimistGas on Aug 13, 2017 9:35:12 GMT
I wonder what the excuse will be when that doesn't happen? I doubt they will be able to drag that out for 18 months. Aren't we supposed to be moving in next year?
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Post by swissgas on Aug 13, 2017 17:48:52 GMT
I wonder what the excuse will be when that doesn't happen? I doubt they will be able to drag that out for 18 months. Aren't we supposed to be moving in next year? Maybe Geoff was told to stay off certain subjects and that is why The Colony wasn’t mentioned and it was destined to be such a tame interview. Wael realizes that most fans don’t care about methods of investment, loans, interest rates or mortgage charges so, for as long as they don’t understand the impact these things have on the success of the club and the team, he can afford to giggle when the question is asked. If the wellbeing of the football club is inseparable from that of Dwane Sports and the Al Qadi family why are you charging interest on the £10 million loan ? Isn’t that a benefit to Dwane Sports and the family but a burden on the football club ? Wouldn’t the £12 000 a week interest paid to Dwane Sports be better off in Darrell’s playing budget ? Why do you feel it’s very important a club owns it’s own stadium ? How do Chelsea, Manchester City, Bournemouth and Swansea City manage ? If you don’t have any numbers how do you know that funding is not an issue ? If you don’t have any numbers or timescales how do you know you can afford to be in it for the long haul ?
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Post by PessimistGas on Aug 13, 2017 18:01:52 GMT
I wonder what the excuse will be when that doesn't happen? I doubt they will be able to drag that out for 18 months. Aren't we supposed to be moving in next year? Maybe Geoff was told to stay off certain subjects and that is why The Colony wasn’t mentioned and it was destined to be such a tame interview. Wael realizes that most fans don’t care about methods of investment, loans, interest rates or mortgage charges so, for as long as they don’t understand the impact these things have on the success of the club and the team, he can afford to giggle when the question is asked. If the wellbeing of the football club is inseparable from that of Dwane Sports and the Al Qadi family why are you charging interest on the £10 million loan ? Isn’t that a benefit to Dwane Sports and the family but a burden on the football club ? Wouldn’t the £12 000 a week interest paid to Dwane Sports be better off in Darrell’s playing budget ? Why do you feel it’s very important a club owns it’s own stadium ? How do Chelsea, Manchester City, Bournemouth and Swansea City manage ? If you don’t have any numbers how do you know that funding is not an issue ? If you don’t have any numbers or timescales how do you know you can afford to be in it for the long haul ? £12k a week? !!!!!
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Post by laughinggas on Aug 13, 2017 18:10:36 GMT
Is that a fact?
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,263
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Post by kingswood Polak on Aug 13, 2017 18:18:05 GMT
Its a 100 year lease at f all rent, as Mr Dunford said no problems with that. Better a leasehold where we make money then a freehold where we dont Before we all take a fixed position on the merits of leasehold, because of what Mr Dunford guessed, we don't know that that was the only issue (or if it was an issue). It's a pretty binary question, so I doubt that it took 18 months to agree to disagree, with everything else settled and cushty. We don't know what was unresolved. And we never will. Seems we keep going around full circle and let's face it, if not for the leak then my guess is we would probably have not known the owners position until much later and maybe a plan b may have had the time to be looked into properly
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,263
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Post by kingswood Polak on Aug 13, 2017 18:26:47 GMT
I wonder what the excuse will be when that doesn't happen? I doubt they will be able to drag that out for 18 months. Aren't we supposed to be moving in next year? Maybe Geoff was told to stay off certain subjects and that is why The Colony wasn’t mentioned and it was destined to be such a tame interview. Wael realizes that most fans don’t care about methods of investment, loans, interest rates or mortgage charges so, for as long as they don’t understand the impact these things have on the success of the club and the team, he can afford to giggle when the question is asked. If the wellbeing of the football club is inseparable from that of Dwane Sports and the Al Qadi family why are you charging interest on the £10 million loan ? Isn’t that a benefit to Dwane Sports and the family but a burden on the football club ? Wouldn’t the £12 000 a week interest paid to Dwane Sports be better off in Darrell’s playing budget ? Why do you feel it’s very important a club owns it’s own stadium ? How do Chelsea, Manchester City, Bournemouth and Swansea City manage ? If you don’t have any numbers how do you know that funding is not an issue ? If you don’t have any numbers or timescales how do you know you can afford to be in it for the long haul ? I really hope there is good reason for this. If true then it's a kick in the teeth
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Peter Parker
Global Moderator
Richard Walker
You have been sentenced to DELETION!
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Post by Peter Parker on Aug 13, 2017 18:28:31 GMT
Where is this 12k a week figure from?
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Post by a more piratey game on Aug 13, 2017 18:38:56 GMT
£10m x 6% = £600k = £11.5k a week?
interest paid to DS goes largely untaxed as the company is based in Guernsey?
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Peter Parker
Global Moderator
Richard Walker
You have been sentenced to DELETION!
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Post by Peter Parker on Aug 13, 2017 18:41:55 GMT
£10m x 6% = £600k = £11.5k a week? interest paid to DS goes largely untaxed as the company is based in Guernsey? I havent had chance to listen to the interview. I guess 6% interest is mentioned in it
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,263
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Post by kingswood Polak on Aug 13, 2017 18:49:21 GMT
£10m x 6% = £600k = £11.5k a week? interest paid to DS goes largely untaxed as the company is based in Guernsey? I havent had chance to listen to the interview. I guess 6% interest is mentioned in it No, it's not touched upon and is extremely wooly imo. Being a nice man is lovely but i am not filled with any confidence after hearing that. Dwane are only mentioned as they are the family and so own Bristol Rovers, no more, no less. I think anyone with slim hopes of UWE going ahead still will now know it's over
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