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Post by daniel300380 on Dec 5, 2017 11:30:26 GMT
Have you forgot the last 2 years of running at a loss in your calculations as well, that would add £1m-£2m per year as well So when in your expert insider knowledge do we reach the point where the debts outstrip the value of the mem and what is the plan .b.then You don't know what there plans are. Debts are increasing, but they know that. They might be planning on writing it off, if it goes over a certain amount. They have already invested £12 million. New club shop and further improvements planned for the summer. Other things take time. They have never said they are planning on leaving, that's rumours. Why are they bothering to attend games, give interviews and hold meetings, if that is there plan? Makes no sense at all.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Dec 5, 2017 11:47:11 GMT
So when in your expert insider knowledge do we reach the point where the debts outstrip the value of the mem and what is the plan .b.then You don't know what there plans are. Debts are increasing, but they know that. They might be planning on writing it off, if it goes over a certain amount. They have already invested £12 million. New club shop and further improvements planned for the summer. Other things take time. They have never said they are planning on leaving, that's rumours. Why are they bothering to attend games, give interviews and hold meetings, if that is there plan? Makes no sense at all. Keeps believing
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Post by daniel300380 on Dec 5, 2017 12:13:31 GMT
You don't know what there plans are. Debts are increasing, but they know that. They might be planning on writing it off, if it goes over a certain amount. They have already invested £12 million. New club shop and further improvements planned for the summer. Other things take time. They have never said they are planning on leaving, that's rumours. Why are they bothering to attend games, give interviews and hold meetings, if that is there plan? Makes no sense at all. Keeps believing Not made my mind up on them yet, but they have to be given time IMO. Not going to try and force them out, other a few rumours, that could be people stirring. No one can actually say what they have done that is so bad and they have made improvements and spent money already. Only time will tell if they will continue to do that. Unless like so many on here, you have a Crystal ball. So many fans have just jumped on the bandwagon and if you ask them why, they can't give any good reasons. They just say stupid comments like, keep believing. We will have to wait as see what happens in January, what happens off the pitch over the next year. Or we could throw our toys out the pram, before we even know what's going on.
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Post by Henbury Gas on Dec 5, 2017 12:27:50 GMT
You don't know what there plans are. Debts are increasing, but they know that. They might be planning on writing it off, if it goes over a certain amount. They have already invested £12 million. New club shop and further improvements planned for the summer. Other things take time. They have never said they are planning on leaving, that's rumours. Why are they bothering to attend games, give interviews and hold meetings, if that is there plan? Makes no sense at all. Keeps believing What would like us to keep believing Padstow ? Would You like me to believe that the club is doomed and will go out of business ? Would You like me to believe that a consortium is waiting in the side lines to take over the club and plow £60m-£80m into a low grade LGL 1 club with no assets ? Would you like me to believe that Steve Pantsdown is waiting to take us over and merge us with Bristol Sport ? Or Would you like me to believe that the current owners are in this for the long run and plan to develop the club over the next 5 to 10 years with a sustainable plan with gradual progress to towards a high level football league ? What do you want us to believe Padstow ?
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Dec 5, 2017 13:03:29 GMT
What would like us to keep believing Padstow ? Would You like me to believe that the club is doomed and will go out of business ? Would You like me to believe that a consortium is waiting in the side lines to take over the club and plow £60m-£80m into a low grade LGL 1 club with no assets ? Would you like me to believe that Steve Pantsdown is waiting to take us over and merge us with Bristol Sport ? Or Would you like me to believe that the current owners are in this for the long run and plan to develop the club over the next 5 to 10 years with a sustainable plan with gradual progress to towards a high level football league ? What do you want us to believe Padstow ? For all I care father Christmas if it keeps you happy
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Dec 5, 2017 13:05:15 GMT
Not made my mind up on them yet, but they have to be given time IMO. Not going to try and force them out, other a few rumours, that could be people stirring. No one can actually say what they have done that is so bad and they have made improvements and spent money already. Only time will tell if they will continue to do that. Unless like so many on here, you have a Crystal ball. So many fans have just jumped on the bandwagon and if you ask them why, they can't give any good reasons. They just say stupid comments like, keep believing. We will have to wait as see what happens in January, what happens off the pitch over the next year. Or we could throw our toys out the pram, before we even know what's going on. What money ?everything they have spent is a loan to dwayne sports and racked up as a debt to the club using the mem as collateral
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Post by Henbury Gas on Dec 5, 2017 13:26:06 GMT
What would like us to keep believing Padstow ? Would You like me to believe that the club is doomed and will go out of business ? Would You like me to believe that a consortium is waiting in the side lines to take over the club and plow £60m-£80m into a low grade LGL 1 club with no assets ? Would you like me to believe that Steve Pantsdown is waiting to take us over and merge us with Bristol Sport ? Or Would you like me to believe that the current owners are in this for the long run and plan to develop the club over the next 5 to 10 years with a sustainable plan with gradual progress to towards a high level football league ? What do you want us to believe Padstow ? For all I care father Christmas if it keeps you happy So you are quiet happy to slag off anybody else who has an opinion on the future of our club but you don't have one yourself which we can scrutinise Think that just about sums things up with you Have a nice day
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harrybuckle
Always look on the bright side
Joined: May 2014
Posts: 5,393
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Post by harrybuckle on Dec 5, 2017 13:28:41 GMT
For all I care father Christmas if it keeps you happy So you are quiet happy to slag off anybody else who has an opinion on the future of our club but you don't have one yourself which we can scrutinise Think that just about sums things up with you Have a nice day fight,fight,fight ....seems a tad harsh ...mind you sometimes forums just go over the top when perspective is required.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Dec 5, 2017 13:36:43 GMT
For all I care father Christmas if it keeps you happy So you are quiet happy to slag off anybody else who has an opinion on the future of our club but you don't have one yourself which we can scrutinise Think that just about sums things up with you Have a nice day Here we go again insults to anyone whother disagrees with you. Heregards you are then latest news on the grapevine and not on a forum or from a man in the pub. There could be up to 4 people/players leaving in January for fees or signing pre conyracthe agreements. As for future of the club I have said in a previous post that I am very worried about the future existence of the club post March 2018 when the debt will exceed the value of the mem. Is that a good enough opinion for you or maybe you should check with you friend on south Glos planning
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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 Dec 5, 2017 13:41:07 GMT
So you are quiet happy to slag off anybody else who has an opinion on the future of our club but you don't have one yourself which we can scrutinise Think that just about sums things up with you Have a nice day Here we go again insults to anyone whother disagrees with you. Heregards you are then latest news on the grapevine and not on a forum or from a man in the pub. There could be up to 4 people/players leaving in January for fees or signing pre conyracthe agreements. As for future of the club I have said in a previous post that I am very worried about the future existence of the club post March 2018 when the debt will exceed the value of the mem. Is that a good enough opinion for you or maybe you should check with you friend on south Glos planning currently what difference does it make if the debt exceeds the value of The Mem. 99.9% of it is owed to Dwane.
If The Mem is worth 12m and the debt was £15m, if Dwane sold The Mem, they would only get £12m for it and be £3m out of pocket
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Post by Henbury Gas on Dec 5, 2017 13:45:39 GMT
So you are quiet happy to slag off anybody else who has an opinion on the future of our club but you don't have one yourself which we can scrutinise Think that just about sums things up with you Have a nice day Here we go again insults to anyone whother disagrees with you. Heregards you are then latest news on the grapevine and not on a forum or from a man in the pub. There could be up to 4 people/players leaving in January for fees or signing pre conyracthe agreements. As for future of the club I have said in a previous post that I am very worried about the future existence of the club post March 2018 when the debt will exceed the value of the mem.Is that a good enough opinion for you or maybe you should check with you friend on south Glos planning So with the withdrawal of said funds, do you expect the club to go into administration ? I'm also worried the same as you and we could well end up in administration without more funds being pumped into the club I'm also believe the family will not do this. If the club decide to move on players for Transfer fee's we may not have to wait until march to know our fate
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simonj
Archie Stevens
Joined: May 2014
Posts: 816
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Post by simonj on Dec 5, 2017 14:07:12 GMT
I've stayed out of this, the last time I was reading so much depressing stuff was the dropping out of the football league. In addition to this, I think it was said the stadium was crap, the directors had zero money to invest, and we were piling up loans to said directors which would be paid back on selling of ground. We also had plans for better facilities etc etc. All that's changed is the standard of football.
I think I'm a realist and of course I want to see huge investment in the club, the infrastructure etc. but its quite unlikely. I have seen some investment, it won't ever be enough though, but saying that administration by next March, seriously? I am unsure if the owners really care, I believe they might, but surely to allow us the ultimate failure I don't get it. These comments are without rose tinted, I'm just trying to get a handle on all of this.
The one thing I think doesn't make sense, the UWE development. If this was self funding, with fabulous returns and all round brilliant for us (owners), why wouldn't they have just gone ahead anyway?
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eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,053
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Post by eppinggas on Dec 5, 2017 15:12:37 GMT
I've stayed out of this, the last time I was reading so much depressing stuff was the dropping out of the football league. In addition to this, I think it was said the stadium was crap, the directors had zero money to invest, and we were piling up loans to said directors which would be paid back on selling of ground. We also had plans for better facilities etc etc. All that's changed is the standard of football. I think I'm a realist and of course I want to see huge investment in the club, the infrastructure etc. but its quite unlikely. I have seen some investment, it won't ever be enough though, but saying that administration by next March, seriously? I am unsure if the owners really care, I believe they might, but surely to allow us the ultimate failure I don't get it. These comments are without rose tinted, I'm just trying to get a handle on all of this. The one thing I think doesn't make sense, the UWE development. If this was self funding, with fabulous returns and all round brilliant for us (owners), why wouldn't they have just gone ahead anyway? Because, at the risk of repeating myself (regarding the UWE): A good deal for Dwane Sports would be an adequate return on their investment. Wael failed to secure it with the UWE. The numbers did not add up. It is about money. A good deal for Bristol Rovers would be to move a new stadium. And be able to operate without incurring annual losses. (This assumes we would be in a position to service the debt). A good deal for Dwane Sports is not the same thing as a good deal for Bristol Rovers.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Dec 5, 2017 15:29:27 GMT
Here we go again insults to anyone whother disagrees with you. Heregards you are then latest news on the grapevine and not on a forum or from a man in the pub. There could be up to 4 people/players leaving in January for fees or signing pre conyracthe agreements. As for future of the club I have said in a previous post that I am very worried about the future existence of the club post March 2018 when the debt will exceed the value of the mem. Is that a good enough opinion for you or maybe you should check with you friend on south Glos planning currently what difference does it make if the debt exceeds the value of The Mem. 99.9% of it is owed to Dwane.
If The Mem is worth 12m and the debt was £15m, if Dwane sold The Mem, they would only get £12m for it and be £3m out of pocket
Then where would we play because the value is not in a stadium but in housing
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vaughan
Joined: June 2014
Posts: 1,237
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Post by vaughan on Dec 5, 2017 15:33:58 GMT
A suitable deadline for publication of definitive plans will be 20th February 2018, 2 year anniversary of take-over, 6 months after death of UWE and 1 month away from March 2018 end of funding.
I will write to Steve Hamer and state that anything other than definitive plans will be interpreted as proof that there is no intention of providing a modern stadium.
I hope that more people will see this as proportionate. It's not that the Manager does not share these views as well.
I hope that the pressure intensifies now so that they feel uncomfortable until they produce a plan.
No more waffle.
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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 Dec 5, 2017 15:50:20 GMT
currently what difference does it make if the debt exceeds the value of The Mem. 99.9% of it is owed to Dwane.
If The Mem is worth 12m and the debt was £15m, if Dwane sold The Mem, they would only get £12m for it and be £3m out of pocket
Then where would we play because the value is not in a stadium but in housing That’s a different question, if Dwane decide to cut and run and leave BRFC with/as nothing.
Simply having more debt than the value of our asset(s) is slightly irrelevant currently as Dwane can only sell it for what it’s worth. If they are owed more than the value of what they can sell it for they would be out of pocket if that’s what the decided to do. Dwane seem to be steadily increasing the debt/loan/investment (everyone take your choice of words). Dwane could be ‘owed’ £25m in 3 years time or £100m for arguments sake.
Unless I am missing something until they decide what they want to do their options amount to selling up and getting paid back slowly, hoping someone will pay them off in one go (unlikely), or writing a load of debt off be it in selling up, staying at the club until such time as it can pay some or all of it back, or flogging The Mem and only getting x amount their money back
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Post by daniel300380 on Dec 5, 2017 15:56:35 GMT
Not made my mind up on them yet, but they have to be given time IMO. Not going to try and force them out, other a few rumours, that could be people stirring. No one can actually say what they have done that is so bad and they have made improvements and spent money already. Only time will tell if they will continue to do that. Unless like so many on here, you have a Crystal ball. So many fans have just jumped on the bandwagon and if you ask them why, they can't give any good reasons. They just say stupid comments like, keep believing. We will have to wait as see what happens in January, what happens off the pitch over the next year. Or we could throw our toys out the pram, before we even know what's going on. What money ?everything they have spent is a loan to dwayne sports and racked up as a debt to the club using the mem as collateral If course it was. That amount wouldn't have covered everything they have done. We don't know if it's a loan, or if it's going to be converted. Keep using guess work, instead of facts though. You talk about people contradicting themselves. But you moan they are not spending, then you moan they are spending too much, increasing debts etc. Which is it?? Do you even know what you are moaning about anymore? Or jumping in the bandwagon!!!
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simonj
Archie Stevens
Joined: May 2014
Posts: 816
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Post by simonj on Dec 5, 2017 15:59:39 GMT
I've stayed out of this, the last time I was reading so much depressing stuff was the dropping out of the football league. In addition to this, I think it was said the stadium was crap, the directors had zero money to invest, and we were piling up loans to said directors which would be paid back on selling of ground. We also had plans for better facilities etc etc. All that's changed is the standard of football. I think I'm a realist and of course I want to see huge investment in the club, the infrastructure etc. but its quite unlikely. I have seen some investment, it won't ever be enough though, but saying that administration by next March, seriously? I am unsure if the owners really care, I believe they might, but surely to allow us the ultimate failure I don't get it. These comments are without rose tinted, I'm just trying to get a handle on all of this. The one thing I think doesn't make sense, the UWE development. If this was self funding, with fabulous returns and all round brilliant for us (owners), why wouldn't they have just gone ahead anyway? Because, at the risk of repeating myself (regarding the UWE): A good deal for Dwane Sports would be an adequate return on their investment. Wael failed to secure it with the UWE. The numbers did not add up. It is about money. A good deal for Bristol Rovers would be to move a new stadium. And be able to operate without incurring annual losses. (This assumes we would be in a position to service the debt). A good deal for Dwane Sports is not the same thing as a good deal for Bristol Rovers. Forgive me on this but surely a good deal for Dwayne should be a good deal for the club. Being able to operate the club without losses strengthens the owners position, until such time as the assets are built successfully and are able to reach a good return, if that's their intention. I just cannot see they have come in to put a loan against the asset that is the Mem, to then sell this asset to repay it.
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Post by daniel300380 on Dec 5, 2017 15:59:43 GMT
A suitable deadline for publication of definitive plans will be 20th February 2018, 2 year anniversary of take-over, 6 months after death of UWE and 1 month away from March 2018 end of funding. I will write to Steve Hamer and state that anything other than definitive plans will be interpreted as proof that there is no intention of providing a modern stadium. I hope that more people will see this as proportionate. It's not that the Manager does not share these views as well. I hope that the pressure intensifies now so that they feel uncomfortable until they produce a plan. No more waffle. I agree we need to see plans soon, but don't want them to rush them, to meet a deadline either. If it's known that are holding meetings, working on plans and spend in the window in January it will show some intent. A big few months ahead.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Dec 5, 2017 16:07:11 GMT
I've stayed out of this, the last time I was reading so much depressing stuff was the dropping out of the football league. In addition to this, I think it was said the stadium was crap, the directors had zero money to invest, and we were piling up loans to said directors which would be paid back on selling of ground. We also had plans for better facilities etc etc. All that's changed is the standard of football. I think I'm a realist and of course I want to see huge investment in the club, the infrastructure etc. but its quite unlikely. I have seen some investment, it won't ever be enough though, but saying that administration by next March, seriously? I am unsure if the owners really care, I believe they might, but surely to allow us the ultimate failure I don't get it. These comments are without rose tinted, I'm just trying to get a handle on all of this. The one thing I think doesn't make sense, the UWE development. If this was self funding, with fabulous returns and all round brilliant for us (owners), why wouldn't they have just gone ahead anyway? Because, at the risk of repeating myself (regarding the UWE): A good deal for Dwane Sports would be an adequate return on their investment. Wael failed to secure it with the UWE. The numbers did not add up. It is about money. A good deal for Bristol Rovers would be to move a new stadium. And be able to operate without incurring annual losses. (This assumes we would be in a position to service the debt). A good deal for Dwane Sports is not the same thing as a good deal for Bristol Rovers. Absolutely spot on IMO.
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