basel
Joined: May 2014
Posts: 3,064 
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Post by basel on Aug 19, 2014 17:12:37 GMT
He talks of signing more players, the desperate loan transfers have have started about 6 weeks earlier than they normally do, nice of Higgs to set DC up, people will probably think DC had a big budget but hasn't used it properly or all of it, when it fact it's panic all round after just 3 games. He said Dunford was very much still a shareholder and i sensed from his tone that it will stay like that, yesterday had to be one of the biggest pointless non stories ever. Yep WG. Geoff Dunford moves into the shadows but keeps his shares. No change. |
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jozer
Joined: May 2014
Posts: 365
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Post by jozer on Aug 19, 2014 17:12:55 GMT
If you'd told me ten years ago that when Dunford did eventually **** off he would leave us with an even bigger bell end in charge I would have told you that wasn't possible. How wrong I was.
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Post by Topper Gas on Aug 19, 2014 17:12:58 GMT
He's still also talking of DC having a competitive budget and Rovers "challenging", sure it's that type of talk which led to the players under estimating Altrincham? We need to compete at this level before we can challenge anybody. We also need to forget about budgets being competitive until we learn how to spend it wisely.
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Post by The Man from Del Monte on Aug 19, 2014 17:45:47 GMT
Can someone explain why we should feel sorry for NH because he gives the impression he's out of his depth? If he his why doesn't he seek assistance? If he was thought to be out of my depth at work nobody would be feeling sorry for me as I was shown the door! Some interesting still regarding Eaves here, it seems he had more than enough money to buy into Rovers. www.birminghammail.co.uk/sport/football/football-news/birmingham-city-darryl-eales-shelved-7379401Sent from my GT-I9505 using Tapatalk If we are talking about the football/business side of things then yes, we cannot feel sorry for him on that front. On a human level however, I genuinely feel for him. I would question (and be slightly worried about) anyone who does not feel that way. Is he out of his depth? Probably. Has he taken the club backwards? Most definitely. Has he done this on purpose? No chance and i'm 100% sure that he is hurting just like the rest of us. He's human after all and that's why I feel for him on that level. |
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Post by phillistine on Aug 19, 2014 17:50:27 GMT
Darkly Eales The combined cash at bank value for all businesses where Darryl holds a current appointment equals £26,622,889, with a combined assets value of £188,477,287 . Maybe he didn't have enough money to buy Rovers?? No matter how rich the people are who want to buy into our club , I cant believe that any supporter wants someone to take over the club unless they have the right motives. You only have to look at the example of Rushden and Diamonds who a few years ago were a thriving league club with a very wealthy backer who provided a ground and bankrolled their team building. When he lost interest he even handed the assets over to the club but still they were not able to keep going and they now play on a borrowed ground in a nothing league. Robert Maxwell was heralded by Oxford United a few years ago but his house came tumbling down before he could get his hands on the club and unite it with Reading. Blackpool's owner John Oyston is a wealthy individual - would we want someone like him in? How would we react if an outsider came in like Tann at Cardiff and decided that he wanted to sell Rovers with our new stadium to a certain SL so that the Darkside had a nice shiny new stadium to play in ? Someone with not tie in to Rovers might be tempted if it gave him a quick return on capital . We havent seen how Oxford pans out yet - but I suspect that it will end in tears |
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basel
Joined: May 2014
Posts: 3,064
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Post by basel on Aug 19, 2014 17:54:19 GMT
Points West just had NH on,he hopes to find the new investment and he is speaking to some but they have to have the right attitude and not just be 'one week wonders'.
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Post by swissgas on Aug 19, 2014 17:57:10 GMT
I have a dreadful feeling that Nick and the board subscribe to the same view as many here on the forum about asset valuation. They think that what you have spent on an asset or what it is worth for another purpose is it's value. When the reality is that it is worth what someone is prepared to pay for it for the purpose on which they intend to use it.
So the Mem may have been worth 30 million to Sainsburys three years ago and it may be worth 25 million to them today, it may be worth 15 million to an Aldi or Lidl and it may be worth 6 - 9 million to a house builder. But this has no bearing at all on the value to a potential buyer who wants to use it as a football stadium.
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Post by swissgas on Aug 19, 2014 18:02:52 GMT
Points West just had NH on,he hopes to find the new investment and he is speaking to some but they have to have the right attitude and not just be 'one week wonders'. Bas, I just posted and then read your quote from Points West. Typical Rovers bad luck that Nick can't find anyone with the right credentials to take over the club but you just can't get the investors these days can you  I am wondering if I should offer to help because I do have some experience of flogging dead horses  |
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Post by longjohnsilver on Aug 19, 2014 18:07:31 GMT
So,the bloke who bought Oxford after being turned down by Rovers. I wonder what was wrong with his reasons for wanting to invest?! Geoff Dunford isn't to sell his shares,which means he still has a say in the club I assume. Great. just because you own shares in something doesn't mean you can have a say in the board room. |
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Post by badbloodash on Aug 19, 2014 18:11:53 GMT
I think this investor has bought into Oxford City not united who will only ever be a two bit team limited investment to raise his profile ?
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 19, 2014 18:14:57 GMT
Totally inept. My word what an awful bumbling performance. Utter disgrace. The one interesting bit - he more or less confirms that there was an offer of large investment/takeover but wasn't for "the right reasons". Give it a rest |
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alwaysgas
Harry Bamford
Joined: May 2014
Posts: 153
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Post by alwaysgas on Aug 19, 2014 18:21:22 GMT
I thought that was a perfectly good interview, perhaps some think he should have been singing and dancing.
However,I thought I heard him say that GD is not a shareholder in the club.
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basel
Joined: May 2014
Posts: 3,064
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Post by basel on Aug 19, 2014 18:22:46 GMT
Points West just had NH on,he hopes to find the new investment and he is speaking to some but they have to have the right attitude and not just be 'one week wonders'. Bas, I just posted and then read your quote from Points West. Typical Rovers bad luck that Nick can't find anyone with the right credentials to take over the club but you just can't get the investors these days can you I am wondering if I should offer to help because I do have some experience of flogging dead horses Why not Swiss,give it ago. Nick has just announced to the world they want investment from serious people with the right attitude. I'm interested to know some details of just what this 'right attitude' means. What qualifies and what does not? |
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Post by tbonegas on Aug 19, 2014 18:24:17 GMT
Its all his fault.Sack him.
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harrybuckle
Always look on the bright side
Joined: May 2014
Posts: 5,425
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Post by harrybuckle on Aug 19, 2014 18:32:33 GMT
the next project for NH is a grilling from Geoff Twentyman on Sat radio Bristol at 1.15pm ..which no doubt will be recorded and replayed at 515pm ish after hopefully our first win of the season.
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Post by swissgas on Aug 19, 2014 18:42:28 GMT
Bas, I just posted and then read your quote from Points West. Typical Rovers bad luck that Nick can't find anyone with the right credentials to take over the club but you just can't get the investors these days can you I am wondering if I should offer to help because I do have some experience of flogging dead horses Why not Swiss,give it ago. Nick has just announced to the world they want investment from serious people with the right attitude. I'm interested to know some details of just what this 'right attitude' means. What qualifies and what does not? That's what I meant with the other post Bas. I think it's reached the point where they would sell to anyone who would get them out of it and dress it up with all the platitudes they could muster "Mr Putin has always liked Pirates" etc etc. But the stumbling block is that Nick thinks that because the ground on which the stadium stands is worth X million as a development site, and because this about coincides with the X amount the directors have put in over the years, then the qualification for having the right attitude is the willingness to give them this X amount. But in the real world what is an investor buying ? A legal battle with Sainsburys ? A legal battle with UWE ? A legal battle with Wycombe Wanderers ? A funding gap on the stadium ? A funding gap on the working capital to get the stadium functioning ? A funding gap on getting the football club restructured and working properly ? All this talk of applications and vetting and bona fide makes me think Nick is completely out of touch. Surely what is needed is a properly produced prospectus setting out exactly what is for sale and what a bright future there could be at the UWE and then for a properly qualified sports business broker to be engaged to sell the concept to prospective investors. |
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Post by Raj Gas on Aug 19, 2014 18:46:21 GMT
Interesting how our Board are at fault again for turning down an Investor who clearly had many irons in the fire.There have been many examples recently where Investors have not been the "saviour" that fans thought they would be, Reading and Salisbury (at different ends of the spectrum I know) are just two that spring to mind.
I for one actually am grateful that our Board are fans like us, I want my club to keep it's identity even if the rebuilding of the Club financial structure takes a bit longer.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 19, 2014 18:48:46 GMT
The important thing to not do with this interview is look at Mr Higgs' thumbs. I found them slightly hypnotic and lost track of what he was saying. All quite odd wasn't it. It started off with some kind of one man thumb war, then he got some gank out of his eye and turned into Magnus Pyke? But seriously, he looked as if he hadn't prepared for that interview at all. As for feeling sorry for him, on a personal level of course nobody likes to see someone struggling, but as Chair of Rovers, mustering sympathy is a tough ask. People have been saying for years that he needs help, both in football terms and to structure Rovers as a business, he has ignored the advice, and here we are, 2 relegations, many millions of pounds and plenty of opportunities lost, a non-League club and getting comfortably beaten by a part time team. Has anything changed within the club to halt the downwards trajectory? |
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Post by singupgas on Aug 19, 2014 19:00:58 GMT
Some of the comments aimed at Higgs are completely embarrassing. Yeah fair enough it is not going well at all but calling the man a disgrace etc and generally mocking him is completely out of order.
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womble
Arthur Cartlidge
Joined: May 2014
Posts: 300
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Post by womble on Aug 19, 2014 19:02:18 GMT
I thought his BBC interview with Ali Durden was quite enlightening. When asked about UWE he said Sainsbury's had a binding contract to buy the Mem. When Durden asked whether Sainsbury's wanted to pull out, NH replied that he didn't know, as he wasn't privy to the thoughts of the Sainsbury's board, but they had a binding contract anyway and he expected it to be completed in the next month or two.
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