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Post by a more piratey game on Nov 7, 2017 17:48:44 GMT
so encouraged by responses to the above, trying to build it out a bit.... DS were looking for a club to buy. Rovers' court case fails, meaning that they are cheap and fit the profile. With 'security' in the form of the Mem, and the promise of UWE, they act fast subsequently they find out a range of things including but not limited to.... - running a football club is much harder than it looks (a la Lord Sugar, as well as doubtless many others)
- the UWE deal wasn't what they thought/hoped - and that was a cornerstone of their original plan
- Wael was happy as a pig in wotsit, but the bankers weren't
the end of UWE discussions is decided as 6 months before a spade needs to be put in the ground, in order to allow.... - Wael to cool off
- a search for a new buyer or just an additional major investor, with a UWE option still open and included as part of the package if it adds to the interest (and maybe Wael can be part of the package too)
some of the downsides are though that... - Hamer is pissed off about UWE, and his way of showing it is to have a rubbish and unprepared interview with 20p where he talks about a 'Crazy Gang' as that's the only option on minimal budget
- snippets of what is really happening get out - and the club feels 'ambushed' when the UWE part of their plan to find new owners/investors is leaked or deduced by a fan
- the bankers decided to lock down their current commitment while looking for a buyer. This results in suppliers being paid only very slowly, which increases the leakage and rumours - which must also affect perceived valuations of the current set-up
- meanwhile, as an important part of the shop window, the club is seen to progress visibly in terms of the squad and the management, and Wael continues to demonstrate how it can be managed to pay off long term, which might or might not include a bit of puffery about the potential of the Mem
still plausible, but not necessarily accurate?
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Deleted
Joined: January 1970
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Post by Deleted on Nov 7, 2017 17:55:47 GMT
So you wouldn't be worried if we werent paying the tax man. They have threatened to liquidate many clubs overs the last few years but accepted deals.eventually one club will fall foul that's why I am or could be worried yes but why have you suddenly come up with not paying tax ? When you look at all the cash strapped clubs lately non have paid their tax so just the thought crossed my mind if you have no money then it is an easy option to hang on to paye and vat moneye for longer than normal and thought the club may be doing just that. It was a thought with no corroborative evidence
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Post by PessimistGas on Nov 7, 2017 18:07:29 GMT
so encouraged by responses to the above, trying to build it out a bit.... DS were looking for a club to buy. Rovers' court case fails, meaning that they are cheap and fit the profile. With 'security' in the form of the Mem, and the promise of UWE, they act fast subsequently they find out a range of things including but not limited to.... - running a football club is much harder than it looks (a la Lord Sugar, as well as doubtless many others)
- the UWE deal wasn't what they thought/hoped - and that was a cornerstone of their original plan
- Wael was happy as a pig in wotsit, but the bankers weren't
the end of UWE discussions is decided as 6 months before a spade needs to be put in the ground, in order to allow.... - Wael to cool off
- a search for a new buyer or just an additional major investor, with a UWE option still open and included as part of the package if it adds to the interest (and maybe Wael can be part of the package too)
some of the downsides are though that... - Hamer is pissed off about UWE, and his way of showing it is to have a rubbish and unprepared interview with 20p where he talks about a 'Crazy Gang' as that's the only option on minimal budget
- snippets of what is really happening get out - and the club feels 'ambushed' when the UWE part of their plan to find new owners/investors is leaked or deduced by a fan
- the bankers decided to lock down their current commitment while looking for a buyer. This results in suppliers being paid only very slowly, which increases the leakage and rumours - which must also affect perceived valuations of the current set-up
- meanwhile, as an important part of the shop window, the club is seen to progress visibly in terms of the squad and the management, and Wael continues to demonstrate how it can be managed to pay off long term, which might or might not include a bit of puffery about the potential of the Mem
still plausible, but not necessarily accurate? Very plausible. Not necessarily 100% accurate but I would be surprised if there isn't more right that wrong there.
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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 Nov 7, 2017 18:56:36 GMT
so encouraged by responses to the above, trying to build it out a bit.... DS were looking for a club to buy. Rovers' court case fails, meaning that they are cheap and fit the profile. With 'security' in the form of the Mem, and the promise of UWE, they act fast subsequently they find out a range of things including but not limited to.... - running a football club is much harder than it looks (a la Lord Sugar, as well as doubtless many others)
- the UWE deal wasn't what they thought/hoped - and that was a cornerstone of their original plan
- Wael was happy as a pig in wotsit, but the bankers weren't
the end of UWE discussions is decided as 6 months before a spade needs to be put in the ground, in order to allow.... - Wael to cool off
- a search for a new buyer or just an additional major investor, with a UWE option still open and included as part of the package if it adds to the interest (and maybe Wael can be part of the package too)
some of the downsides are though that... - Hamer is pissed off about UWE, and his way of showing it is to have a rubbish and unprepared interview with 20p where he talks about a 'Crazy Gang' as that's the only option on minimal budget
- snippets of what is really happening get out - and the club feels 'ambushed' when the UWE part of their plan to find new owners/investors is leaked or deduced by a fan
- the bankers decided to lock down their current commitment while looking for a buyer. This results in suppliers being paid only very slowly, which increases the leakage and rumours - which must also affect perceived valuations of the current set-up
- meanwhile, as an important part of the shop window, the club is seen to progress visibly in terms of the squad and the management, and Wael continues to demonstrate how it can be managed to pay off long term, which might or might not include a bit of puffery about the potential of the Mem
still plausible, but not necessarily accurate? The most plausable assessment of the rumours going around at the moment.👏 My biggest concern is Wael's silence on the rumours, and lets just be clear on this, it is mostly rumour.
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Deleted
Joined: January 1970
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Post by Deleted on Nov 7, 2017 19:14:52 GMT
The thread title is "Let's put some facts forward" However there is not one peice of collaborating evidence put forward. Just interpretations and assumptions.
Something is not right I agree. I suspect however that it's more to do with fact that owning and running a football club is not financially viable in the current model. But that's been true for a couple of decades. Without shareholder guarantees and loans the club is effectively unviable as a limited company. Regardless of whose name is on the shareholder register this remains true. We may disagree with how previous and current shareholder directors operate but they have all faced the same issue. Now however the current lot have no ties nor history with the club. It was always going to happen.
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Deleted
Joined: January 1970
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Post by Deleted on Nov 7, 2017 19:38:17 GMT
The thread title is "Let's put some facts forward" However there is not one peice of collaborating evidence put forward. Just interpretations and assumptions. Something is not right I agree. I suspect however that it's more to do with fact that owning and running a football club is not financially viable in the current model. But that's been true for a couple of decades. Without shareholder guarantees and loans the club is effectively unviable as a limited company. Regardless of whose name is on the shareholder register this remains true. We may disagree with how previous and current shareholder directors operate but they have all faced the same issue. Now however the current lot have no ties nor history with the club. It was always going to happen. These guys aren't idiots (but at times I think they may regard their audience as being a bit cerebrally challenged ) they can take a quick look and see which clubs are making money. Those clubs aren't in the 3rd or 4th divisions. There were only ever 3 ways that I can think of to make money out of what they bought: Asset strip and pocket whatever they could. That doesn't appear to be happening. Hang around for the long haul and try to get the club to where the big bucks are, this needs a lot of investment, quite possibly over a longer period, and a stadium fit for that purpose. Not much sign of this. Put together enough of a business plan to be able to sell the whole thing on as a viable investment. This would have been easier with UWE still as a live project, Wael's own words 'UWE is dead in the water'. Wael may regret having said that? But that entire interview was a big mess. There's still something that doesn't make sense about that charge on the Mem. Have the previous owners been paid yet, does anybody know?
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bs5
Joined: June 2014
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Post by bs5 on Nov 7, 2017 19:59:36 GMT
This is pretty much the gist of it Dr F, Posted on Facebook, could be a wind up but I reckon might be some truth in it: Here's what I've been told by names I won't give. that the UWE have come to an 'in principle' agreement to build the stadium with a chinese consortium, former director Ed Ware is part of it with a plan to build additional homes at uwe site and on the Mem ground, interesting news which could go either way depending on whether a chinese consortium sees the opportunity to improve a club or build stadium for various revenue streams of which we would be tenants, time will tell i suppose. Thank you mate. Don't fancy being tenants again, if true. way things are going we’ll end up tenants of Bath City once again 🙄
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Post by PessimistGas on Nov 7, 2017 20:01:55 GMT
The thread title is "Let's put some facts forward" However there is not one peice of collaborating evidence put forward. Just interpretations and assumptions. Something is not right I agree. I suspect however that it's more to do with fact that owning and running a football club is not financially viable in the current model. But that's been true for a couple of decades. Without shareholder guarantees and loans the club is effectively unviable as a limited company. Regardless of whose name is on the shareholder register this remains true. We may disagree with how previous and current shareholder directors operate but they have all faced the same issue. Now however the current lot have no ties nor history with the club. It was always going to happen. Colony contractors not being paid, or being paid in dribs and drabs isn't a piece of corroborating evidence? UWE debacle? Admittedly we don't have all the pieces of the puzzle and certain things don't appear to make any sense but there is enough here to give great cause for concern. Unfortunately the club stopped communicating in any meaningful sense a long time ago.
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Post by a more piratey game on Nov 7, 2017 20:42:13 GMT
from gasincider on gaschat - make of it what you will....
Told today that planning permission has been extended at the UWE. Can't confirm this
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Deleted
Joined: January 1970
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Post by Deleted on Nov 7, 2017 20:49:51 GMT
from gasincider on gaschat - make of it what you will.... Told today that planning permission has been extended at the UWE. Can't confirm this That would fit in with the rumours that there might be a change of owners in the near future.
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Deleted
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Post by Deleted on Nov 7, 2017 20:56:35 GMT
I mean, I'm after a bit more than forum user bs5 starting a thread. knowing bs5 hes not your average forum bulls***ter Unfortuately I don’t know him from Adam. Not saying he’s bulls**tting, just pointing out there’s no proof in this thread. Personally, and I’ve said this elsewhere I don’t think we’ve had good ownership since moving back to Bristol. Never utterly awful, but certainly never good. But what do I know, I’m just a s**thouser!
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Post by PessimistGas on Nov 7, 2017 21:36:02 GMT
from gasincider on gaschat - make of it what you will.... Told today that planning permission has been extended at the UWE. Can't confirm this Doesn't take a great leap of imagination to guess who might be leaking this stuff to him.
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Post by a more piratey game on Nov 7, 2017 21:58:14 GMT
from gasincider on gaschat - make of it what you will.... Told today that planning permission has been extended at the UWE. Can't confirm this Doesn't take a great leap of imagination to guess who might be leaking this stuff to him. it's a step beyond me I'm afraid
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Deleted
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Post by Deleted on Nov 7, 2017 22:22:03 GMT
from gasincider on gaschat - make of it what you will.... Told today that planning permission has been extended at the UWE. Can't confirm this Doesn't take a great leap of imagination to guess who might be leaking this stuff to him. An old director?
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Post by One F in Dunford on Nov 7, 2017 22:29:56 GMT
Doesn't take a great leap of imagination to guess who might be leaking this stuff to him. An old director? Aren’t all directors old?
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Deleted
Joined: January 1970
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Post by Deleted on Nov 7, 2017 22:54:43 GMT
Aren’t all directors old? If they re older than me they are old, however my youngest says I am old and Papa is very old, so what is old?
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Post by matealotblue on Nov 7, 2017 23:01:08 GMT
Aren’t all directors old? If they re older than me they are old, however my youngest says I am old and Papa is very old, so what is old? Old is just a number.
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bs5
Joined: June 2014
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Post by bs5 on Nov 7, 2017 23:06:04 GMT
I mean, I'm after a bit more than forum user bs5 starting a thread. knowing bs5 hes not your average forum bulls***ter Thank you Bulbous.
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Post by a more piratey game on Nov 7, 2017 23:15:52 GMT
Doesn't take a great leap of imagination to guess who might be leaking this stuff to him. An old director? so on Gaschat it has been suggested that the source might be ex-directors (how would they know?) or a disgruntled employee I'm at a loss as to why either would want to suggest that the planning permission on UWE has been extended. To pass the time of day? if it were the new investors, would they gain much by fuelling these rumours. I'm struggling to think so. To 'look a bit saviour-y'? That would be a big stretch, and scarcely a good platform to start from someone with a general axe to grind, who just wants to make mischief? That doesn't seem to be what Pess is alluding to I dunno
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Deleted
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Post by Deleted on Nov 7, 2017 23:47:48 GMT
knowing bs5 hes not your average forum bulls***ter Thank you Bulbous. Above average? 😂😂 It’s a joke BS5 but I’ll fight you if you want 😂😂
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