Deleted
Joined: January 1970
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Post by Deleted on Oct 28, 2019 10:04:31 GMT
It’s been widely reported that Dwane are charging 6%. Do you definitely know different padstow or am I misreading and missing something please. I’m being serious, my thinking is very muddled right now. I think Padstow may be talking about the amount of the debt - £40m v our £20m. Could be wrong though ... Precisely and what worries me is what will the al Qadi family do when the debt exceeds the value of the mem which is not very far distant.will they sell the ground and then lease it back like eastville or just cut and run.
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Deleted
Joined: January 1970
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Post by Deleted on Oct 28, 2019 11:02:41 GMT
Oh dear. Memo to Padstow. Don't guess at this stuff because Swiss checks it properly and keeps notes. Didnt guess got it from original statements as did swiss and I also keep notes but then I am not an ex director of rovers so do not know all the board room ins and outs It's OK to be wrong, we all are sometimes. Swiss was a Director at Twerton, that was a quarter of a century ago, and he now lives in America, what boardroom access do you think he has? Anyway, your information is not only out of date, it appears to be incorrect as, as far as I'm aware, Rovers' debt isn't £20m. I don't know what the arrangement is with Bolton for servicing that interest, if they have to pay it, for example, each month, they may well have a huge ongoing problem. With Rovers, my understanding is that the interest figure is being applied only at this stage. I think that this is where we agree, it's a big worry for the future of the club. But having said that, even without the applied interest, we appear to be fast approaching the point that you mention, where debt exceeds the value of the stadium, and as you rightly ask, what then?
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Deleted
Joined: January 1970
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Post by Deleted on Oct 28, 2019 14:53:00 GMT
I know Neil was a director at twerton which was a long time ago but he still has a better understanding of what goes on in the boardroom and how to interpret accounts. As far as the debt not being 20m yet it is only a couple of years away from hitting that figure and as the mem is not valued as much as that then you can understand why I am concerned for the future of the club.These owners are bankers not a charity and somewhere down the line they will want their money back
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Post by billyocean on Oct 30, 2019 10:56:14 GMT
I'm not sure how a language could ever become your first language after not being so, unless you own a modified DeLorean. It was either your first language or it wasn't I will try my best to answer that. I was born into a polish family but here, in good old southmead hospital. We spoke Polish, ate Polish and lived Polish. I considered it my first language up until recently. I was asked to translate 14 pages of polish into English and I found it difficult, in parts. Time and lack of interaction with the Polish community has seen me lose a lot of what used to come easily. I would definitely say the English is my primary language now. The old saying of use if or lose it fits perfectly in this instance. Good point well made KP. I was being pedantic and taking first in its literal meaning. I have two young boys who speak fluent Polish but are native English speakers. I speak a little and understand quite a lot but can’t write very well. They both quickly overtook my level. Sad to hear about the Polish club. I’ve argued with the missus about the church inequality but I’ve learned it’s a subject best avoided!
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,255
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Post by kingswood Polak on Oct 30, 2019 11:41:54 GMT
I will try my best to answer that. I was born into a polish family but here, in good old southmead hospital. We spoke Polish, ate Polish and lived Polish. I considered it my first language up until recently. I was asked to translate 14 pages of polish into English and I found it difficult, in parts. Time and lack of interaction with the Polish community has seen me lose a lot of what used to come easily. I would definitely say the English is my primary language now. The old saying of use if or lose it fits perfectly in this instance. Good point well made KP. I was being pedantic and taking first in its literal meaning. I have two young boys who speak fluent Polish but are native English speakers. I speak a little and understand quite a lot but can’t write very well. They both quickly overtook my level. Sad to hear about the Polish club. I’ve argued with the missus about the church inequality but I’ve learned it’s a subject best avoided! It’s best NEVER to argue with a Polish woman my friend. They can hold a grudge like no other 😂. Personally speaking, I will not set foot in that church again. Long story short but they started to sell alcohol mid 80’s, knowing that most went to the club, after church. We then had a new and wonderful priest come and he healed much of the crap, stopped selling booze and the church was rammed each Sunday. Out of nowhere, letters were sent to Rome and complaints made about father Josef and he was moved to a Polish rehab unit that is run by the church. I’m afraid that the place has become toxic again and it no longer is full. I’m kind of glad my parents aren’t around to see what happened to the club and church, that they sacrificed so much for. Anyway, I best leave it there as it still really angers me. Polish people are normally very sincere, honest, open and generous but they are awful for picking fault when they don’t have a common enemy. Oh, one thing that has stayed the same is that I still think in Polish. It’s bizarre but I guess it just stuck with me. I have dated a fair few polish women but have found myself unable to find one that doesn’t run the numbers on me at the earliest opportunity. I guess you got lucky.
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