Captain Jayho
Andy Tillson
Straight outta burrington...
Joined: May 2014
Posts: 472
|
Post by Captain Jayho on Oct 9, 2019 23:43:58 GMT
And who's family are now desperately trying to sell the ground to get their loan repaid and offload the club to any chancers who will take it. Maybe you know a lot more about what is going on than the rest of us do. But to me the last part of that line is pure conjecture. Not saying it won't come to pass, but given that you normally deal in level-headed facts this seems a pretty odd assumption to make, particularly as the consortium discussing the fruit market have done nothing to deserve that name from what I can see. The rest of your points I agree with mind you.
|
|
|
Post by swissgas on Oct 10, 2019 0:51:33 GMT
And who's family are now desperately trying to sell the ground to get their loan repaid and offload the club to any chancers who will take it. Maybe you know a lot more about what is going on than the rest of us do. But to me the last part of that line is pure conjecture. Not saying it won't come to pass, but given that you normally deal in level-headed facts this seems a pretty odd assumption to make, particularly as the consortium discussing the fruit market have done nothing to deserve that name from what I can see. The rest of your points I agree with mind you. It is conjecture but it follows the theory that Wael wants to cling onto a place at Rovers and would put his own personal interests ahead of what was best for the club. My view is that in early 2016 there were probably a number of deals on the table for Rovers and Nick Higgs chose one which he thought would be good for the club but which also got 4.5 million of shareholders loans repaid. I think it is likely there were offers from other parties which Nick rejected and which may have had as their basis “we’ll take the club and relieve you of the financial burden and we’ll build the UWE stadium but we won’t reward you for your failure so you will have to write off your loans”. I may be wrong in this but if I am right then it is a pity that a better deal for Rovers was possible but the opportunity was lost. Nearly four years later we have again reached a position where the ownership has failed and is looking for a way out. And it may be that the deal on the table would be good for Dwane Sports getting their loan repaid, good for BRFC but not good for Wael because he is not wanted as part of the package. If that was the case what would we expect to happen ? Well we might find efforts being made to find another deal which gets Dwane Sports loan repaid and secures Wael a piece of the action but is not necessarily the best deal for BRFC and could be a far riskier deal for the club than the original one. This may provide an explanation for the sudden unexpected appearance of an article puffing up Wael.
|
|
|
Post by Gregory Stevens on Oct 10, 2019 4:25:12 GMT
I was on the other forum mainly until they made someone who has very strong views, and had a lot of rows with people, moderator. I don’t hate the guy but putting people with highly partisan views with full access of email addresses and personal information didn’t sit well with me. I’d even been called a “lady garden” via PM. Then modding started which was partisan, and I thought sod it. There is nothing worse than over modding. A lot of the time mods aren’t used to run the forum for the benefit of the forum, they are invoked for petty causes and basically running to the dinner lady. Modding here is good - ie like a good ref, let’s the game flow. If one day I get the chance to mod anything, it’s the “it’s off topic - mods” and the ones trying to use mods as a judicial system I’d ban. It’s one thing to disagree, it’s despicable to use forum rules as a way to shut people up, like a cheap lawyer. That person has made that place even more hateful & he cannot stop himself. I had a brief look around, saw the truly nasty stuff he posts and don’t understand why it’s allowed. The irony being is that he is guilty of having a very open agenda yet accuses many others of the very same thing. I’m not surprised you left. You raise very good points wrt the information at his disposal. That had not crossed my mind. I did send him some private messages but it really was a waste of time. Welcome to his own opinion, but to be a mod you have to be fairly benign or at least hide it pretty well. I mean, I’m the last person you want as a mod and I would be the first to admit it. If anything, if I was given the “job”, I’d probably be over compensating and make a point of NOT modding our stuff I don’t like. Issue is with a lot of people who share his political/social views, they genuinely think it’s not a question of “differing opinions”. To them, it’s “right or wrong” and they’ve decided they’re right, end of discussion. The irony is they often call their opponents “bigots” without realising what the word actually means! Exactly that, someone who can’t tolerate an opposing view.
|
|
|
Post by Henbury Gas on Oct 10, 2019 12:26:24 GMT
Nice to see the HA is up and running again
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Oct 10, 2019 14:30:36 GMT
Well the good news is that now it has been confirmed by experts swissgas and others that all the equity on the mem has been used up we will know that every week from now that wael and co are running the club they are in fact paying for the losses. So any day soon we either go bust,get sold or carry on with wael and co propping up the club. It surely will not be the latter option because so many here at at gaschat have told us they will not fund the club over and above the value of the mem. So whatever happens at least we will have some conclusion very soon. We don't actually know what the value of the site is. They could write off some interest. They could put some money in to cover the cost of the London office. Not sure who owns that butterfly reserve next to the M5. but if it's owned by the same company then that can be sold. That's with 10 seconds thought, so probably some other things can be added to that list. So still some 'wriggle room' yet.
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Oct 10, 2019 14:33:46 GMT
And who's family are now desperately trying to sell the ground to get their loan repaid and offload the club to any chancers who will take it. Maybe you know a lot more about what is going on than the rest of us do. But to me the last part of that line is pure conjecture. Not saying it won't come to pass, but given that you normally deal in level-headed facts this seems a pretty odd assumption to make, particularly as the consortium discussing the fruit market have done nothing to deserve that name from what I can see. The rest of your points I agree with mind you. What do you expect Swiss to call them? These people, if they exist, were nowhere to be seen when a viable plan existed (UWE) but are now all over a stupid site in a daft location and with the club costing about £10m more. OK, if you aren't comfortable with the word chancers, how about swapping it for idiots?
|
|
|
Post by CabbagePatchBlues on Oct 10, 2019 15:02:55 GMT
A stupid site in a daft location that's about to undergo a massive regeneration right next to a major railway station. It ain't just a stadium going there.
|
|
|
Post by One F in Dunford on Oct 10, 2019 15:13:39 GMT
Maybe you know a lot more about what is going on than the rest of us do. But to me the last part of that line is pure conjecture. Not saying it won't come to pass, but given that you normally deal in level-headed facts this seems a pretty odd assumption to make, particularly as the consortium discussing the fruit market have done nothing to deserve that name from what I can see. The rest of your points I agree with mind you. What do you expect Swiss to call them? These people, if they exist, were nowhere to be seen when a viable plan existed (UWE) but are now all over a stupid site in a daft location and with the club costing about £10m more. OK, if you aren't comfortable with the word chancers, how about swapping it for idiots? What the hell are you on about? It is in a great location.
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Oct 10, 2019 15:55:39 GMT
What do you expect Swiss to call them? These people, if they exist, were nowhere to be seen when a viable plan existed (UWE) but are now all over a stupid site in a daft location and with the club costing about £10m more. OK, if you aren't comfortable with the word chancers, how about swapping it for idiots? What the hell are you on about? It is in a great location. Quick check. Not April 1st, so have to assume that you are either drunk or actually being serious. Great for what exactly? It certainly isn't 'great' for getting 20,000 people in and then away again for a sporting event. Any weekday evening event there will be a total farce for inbound access. Go back and read the detail around UWE and how in banged on about proximity to arterial roads, then, because I have to assume you don't actually know where this new site is, take a look at it on a map. You are totally bonkers if you think that's a good location.
|
|
|
Post by droitwichgas on Oct 10, 2019 16:20:39 GMT
The best two sites for a club who gets its core of fans from North Bristol/South Glos must surely be the UWE site or the old Filton airport, the Fruit Market site seems perfect for the 82er's not us. As Bamber suggests night matches may become no goes for a lot of fans if we move.
Plus how is it going to funded, assuming it's in the form of a loan where are we going to get the money from to pay just the interest on what must be around a £100m loan?
|
|
kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,255
|
Post by kingswood Polak on Oct 10, 2019 16:27:37 GMT
That person has made that place even more hateful & he cannot stop himself. I had a brief look around, saw the truly nasty stuff he posts and don’t understand why it’s allowed. The irony being is that he is guilty of having a very open agenda yet accuses many others of the very same thing. I’m not surprised you left. You raise very good points wrt the information at his disposal. That had not crossed my mind. I did send him some private messages but it really was a waste of time. Welcome to his own opinion, but to be a mod you have to be fairly benign or at least hide it pretty well. I mean, I’m the last person you want as a mod and I would be the first to admit it. If anything, if I was given the “job”, I’d probably be over compensating and make a point of NOT modding our stuff I don’t like. Issue is with a lot of people who share his political/social views, they genuinely think it’s not a question of “differing opinions”. To them, it’s “right or wrong” and they’ve decided they’re right, end of discussion. The irony is they often call their opponents “bigots” without realising what the word actually means! Exactly that, someone who can’t tolerate an opposing view. Nail on the head. I think the guy doesn’t understand irony as he accuses SH of having soldiers yet he is doing precisely the same. I sometimes have to self edit, if I didn’t then I could cause him chaos but, luckily, posting here has taught me a great deal. Sometimes, knowing when to say nothing is the only way. His outing of members really is poor form.
|
|
kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,255
|
Post by kingswood Polak on Oct 10, 2019 16:34:42 GMT
That person has made that place even more hateful & he cannot stop himself. I had a brief look around, saw the truly nasty stuff he posts and don’t understand why it’s allowed. The irony being is that he is guilty of having a very open agenda yet accuses many others of the very same thing. I’m not surprised you left. You raise very good points wrt the information at his disposal. That had not crossed my mind. I did send him some private messages but it really was a waste of time. I believe he is on about Antonio Fargas , you're on about gashead1981. I didn’t want to use forum names. I just left it for others to make their own judgment. As I say, I’ve learned a bit from being here. I do follow the other place but mainly on match days.
|
|
kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,255
|
Post by kingswood Polak on Oct 10, 2019 16:50:19 GMT
Well the good news is that now it has been confirmed by experts swissgas and others that all the equity on the mem has been used up we will know that every week from now that wael and co are running the club they are in fact paying for the losses. So any day soon we either go bust,get sold or carry on with wael and co propping up the club. It surely will not be the latter option because so many here at at gaschat have told us they will not fund the club over and above the value of the mem. So whatever happens at least we will have some conclusion very soon. Don’t bypass the very healthy 6% added to any money that could be spent. I know it sounds like an I told you so post but I was trying to calm people, from the start. When I had seen proof of the charge agains the ground, I felt deflated. The very least WAQ can do now is to cut a deal that truly is in the clubs best interest but I shall not be holding my breath. We many knock OTIB but kid in the riot and 2 others, had this completely right and from the outset. Some of them are worth listening to.
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Oct 10, 2019 17:12:17 GMT
The best two sites for a club who gets its core of fans from North Bristol/South Glos must surely be the UWE site or the old Filton airport, the Fruit Market site seems perfect for the 82er's not us. As Bamber suggests night matches may become no goes for a lot of fans if we move. Plus how is it going to funded, assuming it's in the form of a loan where are we going to get the money from to pay just the interest on what must be around a £100m loan? Stop asking difficult questions. Let's just look at some round numbers. Cost to make Wael & Co go away. £15m and rising every day. Cost to buy silly site in inaccessible area with inflated value, because I promise you this, when the owners start to think about selling they'll look at what other developers can pay, and I suspect that the site will have a higher value to someone wanting to whack a frigging great mixed use complex on it, but let's just start with £20m to buy the plot + £45m to build a half decent stadium with additional facilities. Already we've spent £80m. We'll be losing money every day between now and this new stadium opening for business, we'll do very well indeed to limit those losses to £5m. Sell existing site for, on a very good day, £20m. So, on day 1 we are - £65m. Taking Bolton as the model, they are paying 6% for their loans, so that saddles us with interest of £3,900,000 P/A. The whole thing is so absurd it isn't even worthy of discussion. Anyway, why would anybody do this, if I remember correctly, wasn't it Wael who said that you could buy all of L1 and L2 for £80m?
|
|
Captain Jayho
Andy Tillson
Straight outta burrington...
Joined: May 2014
Posts: 472
|
Post by Captain Jayho on Oct 10, 2019 19:31:46 GMT
Maybe you know a lot more about what is going on than the rest of us do. But to me the last part of that line is pure conjecture. Not saying it won't come to pass, but given that you normally deal in level-headed facts this seems a pretty odd assumption to make, particularly as the consortium discussing the fruit market have done nothing to deserve that name from what I can see. The rest of your points I agree with mind you. What do you expect Swiss to call them? These people, if they exist, were nowhere to be seen when a viable plan existed (UWE) but are now all over a stupid site in a daft location and with the club costing about £10m more. OK, if you aren't comfortable with the word chancers, how about swapping it for idiots? I don't agree with any of this, but I've seen the way you 'debate' things on plenty of threads on here so really not going to bother engaging.
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Oct 10, 2019 20:36:24 GMT
What do you expect Swiss to call them? These people, if they exist, were nowhere to be seen when a viable plan existed (UWE) but are now all over a stupid site in a daft location and with the club costing about £10m more. OK, if you aren't comfortable with the word chancers, how about swapping it for idiots? I don't agree with any of this, but I've seen the way you 'debate' things on plenty of threads on here so really not going to bother engaging. OK, let's do this gently as you are obviously the sensitive type. Let's start with Point 1. You think that the club will be cheaper to buy now than it was when Higgs handed the keys over to these owners? I don't think that's the case, and as evidence I put forward the fact that they have secured the investment against the stadium when other funding options were available. Over to you to explain why they would have done that if they would be willing to write off losses at this stage? Point 2. These new 'investors' were around when Wael and his gang took over were they? Got any proof of that? We'll go on to the other points when we've dealt with those 2.
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Oct 10, 2019 23:41:31 GMT
Well the good news is that now it has been confirmed by experts swissgas and others that all the equity on the mem has been used up we will know that every week from now that wael and co are running the club they are in fact paying for the losses. So any day soon we either go bust,get sold or carry on with wael and co propping up the club. It surely will not be the latter option because so many here at at gaschat have told us they will not fund the club over and above the value of the mem. So whatever happens at least we will have some conclusion very soon. Don’t bypass the very healthy 6% added to any money that could be spent. I know it sounds like an I told you so post but I was trying to calm people, from the start. When I had seen proof of the charge agains the ground, I felt deflated. The very least WAQ can do now is to cut a deal that truly is in the clubs best interest but I shall not be holding my breath. We many knock OTIB but kid in the riot and 2 others, had this completely right and from the outset. Some of them are worth listening to. So confusing this stuff. I mean can i charge myself 6% interest on my flat to cover for myself spending all my money on wine and women until the value of my flat is used up and then claim my interest back on myself. I just want to get on and do that if its as easy as you and others say it is.
|
|
|
Post by swissgas on Oct 11, 2019 1:50:56 GMT
Don’t bypass the very healthy 6% added to any money that could be spent. I know it sounds like an I told you so post but I was trying to calm people, from the start. When I had seen proof of the charge agains the ground, I felt deflated. The very least WAQ can do now is to cut a deal that truly is in the clubs best interest but I shall not be holding my breath. We many knock OTIB but kid in the riot and 2 others, had this completely right and from the outset. Some of them are worth listening to. So confusing this stuff. I mean can i charge myself 6% interest on my flat to cover for myself spending all my money on wine and women until the value of my flat is used up and then claim my interest back on myself. I just want to get on and do that if its as easy as you and others say it is. Its called a home equity credit line Vertigo and this is how you do it. Find a vulnerable person with a home worth say 200 000 who is at their wits end struggling to pay their way and use your charm to get them to sell it to you for say 70 000. Borrow the 70 000 secured against the property and take out a home equity credit line for say 100 000. Now if you are not keen on wine, women and song you could always have a wonderful time spending the money on, say, international travel, giving sinecures to your friends and making sure you always had the latest mega mega mega pixel phone so your selfies were sure to be top notch, plus of course paying the interest on the loan. Now all good things come to an end and at some point the money will run out. But just before it does you sell the house, pay off the credit lines and go looking for another vulnerable person to repeat the exercise. The most incredible thing about all this is that you can live perpetually in dreamland but it won’t ever cost you a penny.
|
|
eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,109
|
Post by eppinggas on Oct 11, 2019 10:01:22 GMT
Don’t bypass the very healthy 6% added to any money that could be spent. I know it sounds like an I told you so post but I was trying to calm people, from the start. When I had seen proof of the charge agains the ground, I felt deflated. The very least WAQ can do now is to cut a deal that truly is in the clubs best interest but I shall not be holding my breath. We many knock OTIB but kid in the riot and 2 others, had this completely right and from the outset. Some of them are worth listening to. So confusing this stuff.I mean can i charge myself 6% interest on my flat to cover for myself spending all my money on wine and women until the value of my flat is used up and then claim my interest back on myself. I just want to get on and do that if its as easy as you and others say it is. It's really not.
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Oct 11, 2019 10:13:53 GMT
So confusing this stuff. I mean can i charge myself 6% interest on my flat to cover for myself spending all my money on wine and women until the value of my flat is used up and then claim my interest back on myself. I just want to get on and do that if its as easy as you and others say it is. Its called a home equity credit line Vertigo and this is how you do it. Find a vulnerable person with a home worth say 200 000 who is at their wits end struggling to pay their way and use your charm to get them to sell it to you for say 70 000. Borrow the 70 000 secured against the property and take out a home equity credit line for say 100 000. Now if you are not keen on wine, women and song you could always have a wonderful time spending the money on, say, international travel, giving sinecures to your friends and making sure you always had the latest mega mega mega pixel phone so your selfies were sure to be top notch, plus of course paying the interest on the loan. Now all good things come to an end and at some point the money will run out. But just before it does you sell the house, pay off the credit lines and go looking for another vulnerable person to repeat the exercise. The most incredible thing about all this is that you can live perpetually in dreamland but it won’t ever cost you a penny. Absolutely spot on Swissgas.
|
|