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Post by Bath Gas on Sept 7, 2022 17:05:20 GMT
If you don't like my answers please remember that you've brought these things up and I'm simply responding. Hani was listed in the 2020 accounts as the person providing assurances of continued financial support but we were told this was a mistake which would be corrected in the 2021 accounts. When his name appeared again in the 2021 accounts the Company Secretaries didn't respond to my requests for clarification but Tom Gorringe told Bath Gas it was a mistake again and would be corrected. It hasn't been corrected but strangely enough Sheffield Wednesday also made a mistake in the wording of their accounts and after it was pointed out they duly filed an amended set with Companies House proving that it is possible. If the auditors believe that Hani is in control of the funding which goes into Dwane Sports and then flows through to Rovers and this is why he is named then there is no problem with that. But just be up front about it. Wael wiped out most of the debt in 2020 but it was up to £4.5 million again by June 2021 and could be up to £10 million by the end of this year. Wael has said he will capitalise a further £3.6 million which is good but let's not pretend Rovers are debt free. The perception amongst Gasheads is that we should be grateful to Wael for keeping us afloat through the pandemic because in his open letter of April 1st he told us "the net cost of the pandemic will surpass £3 million". Most of us thought this meant that there would be an extra £3 million on top of the £3 million annual losses we had come to expect. That is why, following his statement, I posted that I thought losses for 2021 could be in the £4 - 5 million range because we at least had the JCH transfer proceeds as a partial offset. But it didn't happen like that. The trading loss for 2021 was only £500K more than in 2020 and with the incoming JCH money the net result was that we were £1 million better off than in 2020. In fact during 2021 Dwane Sports loaned less to Rovers than they had in 2020. So the notion that we were facing the gravest crisis in the club's history and that Wael did something extra special to keep us afloat through the pandemic is a myth. I'm afraid the "covenant" falls into the same category as the "12 stadium experts" and the "brand new first team complex with community facilities". Hi Swiss - Where can I find in the company accounts where Hani is named as providing continued financial support? Is this still indeed the case? If it's a mistake, no problema. Any idea when we can expect it to be rectified Bath Gas ? I was told it would be brought to the attention of the auditors - no timescale given though. Maybe the next set of accounts!  |
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Post by eppinggas on Sept 8, 2022 8:27:28 GMT
Thanks PP. Page 20 Under 1.3 Going Concern: "The company relies on the continued support of the Al-Qadi family for its day to day funding and funds its working capital through a facility provided by Dwane Sports Limited, a company owned by the Al-Qadi family, that is not repayable within 12 months from these accounts. Mr H Al-Qadi has confirmed his intention to support for a period of at least 12 months from the signing of these accounts."
Conclusions 1. If this is indeed a simple mistake that has been repeated and still not been rectified - that is poor business practice and displays a worrying lack of attention to detail, or 2. Hani Al-Qadi is effectively pulling the financial strings and supporters have been somewhat mis-led as to who ultimately makes the decisions at Bristol Rovers FC, or 3. It doesn't really matter anyway because no-one bothers to read accounts in this amount of detail. As long as we're kept afloat, it doesn't matter where the money comes from. Apart from swissgas. And a few others. |
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Post by eppinggas on Sept 8, 2022 8:30:58 GMT
Hi Swiss - Where can I find in the company accounts where Hani is named as providing continued financial support? Is this still indeed the case? If it's a mistake, no problema. Any idea when we can expect it to be rectified Bath Gas ? I was told it would be brought to the attention of the auditors - no timescale given though. Maybe the next set of accounts! Thanks Bath Gas. See my comment above. I'm a little concerned. Maybe I shouldn't be. I think a lot of people are probably more in line with conclusion number 3. Hey ho. |
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Post by Colyton Gas. on Jan 17, 2023 18:45:48 GMT
As this thread began with 'The Quarters ' mentioned,has the intended extension of the main building;Begun,Finished or on hold does anyone know?
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Post by swissgas on Jan 17, 2023 19:12:06 GMT
As this thread began with 'The Quarters ' mentioned,has the intended extension of the main building;Begun,Finished or on hold does anyone know? Shame on you Colyton Gas for mentioning this controversial subject before the watershed  |
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Post by eppinggas on Jan 18, 2023 9:29:17 GMT
As this thread began with 'The Quarters ' mentioned,has the intended extension of the main building;Begun,Finished or on hold does anyone know? usually has a very good grasp of what's going on at the training facility. In terms of physical infrastructure at Bristol Rovers FC it's the only meaningful progress that Wael Al-Qadi has delivered in his (nearly) 7 year tenure. I'm pretty sure a vast percentage of supporters would applaud what's being developed at Gaunts Earthcott. So surely an excellent opportunity for the Club to communicate a good news story. |
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Post by Deleted on Jan 18, 2023 9:39:51 GMT
As this thread began with 'The Quarters ' mentioned,has the intended extension of the main building;Begun,Finished or on hold does anyone know? usually has a very good grasp of what's going on at the training facility. In terms of physical infrastructure at Bristol Rovers FC it's the only meaningful progress that Wael Al-Qadi has delivered in his (nearly) 7 year tenure. I'm pretty sure a vast percentage of supporters would applaud what's being developed at Gaunts Earthcott. So surely an excellent opportunity for the Club to communicate a good news story. He also knocked through a bar tbf. |
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Post by eppinggas on Jan 18, 2023 10:07:56 GMT
womble usually has a very good grasp of what's going on at the training facility. In terms of physical infrastructure at Bristol Rovers FC it's the only meaningful progress that Wael Al-Qadi has delivered in his (nearly) 7 year tenure. I'm pretty sure a vast percentage of supporters would applaud what's being developed at Gaunts Earthcott. So surely an excellent opportunity for the Club to communicate a good news story. He also knocked through a bar tbf. 1. Knocking through a bar isn't really very meaningful. 2. I am pretty sure Mr Gorringe took the plaudits for that one. Our CEO. "Now does he feel his title Hang loose upon him, like a giant's robe Upon a dwarfish thief" 3. Thatchers paid for it. But you're almost definitely probably being facetious. |
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Post by swissgas on Jan 18, 2023 13:51:40 GMT
As this thread began with 'The Quarters ' mentioned,has the intended extension of the main building;Begun,Finished or on hold does anyone know? usually has a very good grasp of what's going on at the training facility. In terms of physical infrastructure at Bristol Rovers FC it's the only meaningful progress that Wael Al-Qadi has delivered in his (nearly) 7 year tenure. I'm pretty sure a vast percentage of supporters would applaud what's being developed at Gaunts Earthcott. So surely an excellent opportunity for the Club to communicate a good news story. But epping, you can’t call it meaningful progress because . . . . . . . ( the above post has been truncated to protect those of a nervous disposition) |
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Post by Bath Gas on Jan 19, 2023 13:31:48 GMT
As this thread began with 'The Quarters ' mentioned,has the intended extension of the main building;Begun,Finished or on hold does anyone know? Shame on you Colyton Gas for mentioning this controversial subject before the watershed I'm sure you must know a few shareholders, you could request one of them to ask the question at the AGM on Friday. |
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Post by swissgas on Jan 19, 2023 15:51:42 GMT
Shame on you Colyton Gas for mentioning this controversial subject before the watershed I'm sure you must know a few shareholders, you could request one of them to ask the question at the AGM on Friday. Don't blame me BG it was Colyton Gas that brought it up, dreadful fella that he is.  Seriously though it is a shame that Rovers won't be completely transparent about what is happening at the training ground. When the team is doing well the quest for knowledge is subdued but as soon as we hit a rough patch the questions start coming about the training ground, the stadium, financial sustainability and why we don't hear from Wael ? In the distant past I've adocated the owners try to build a bank of goodwill with fans by sharing information and creating a sense of belonging to tide the club through when things aren't going so well and still think that's the best policy. In early February 2022 Tom Gorringe produced some programme notes about his new executive team which were very encouraging. He welcomed on board Nick Reed as Head of Finance who genuinely brought a "wealth of experience" to the team and David Fear would be overseeing the Mem and the Quarters sites as Head of Facilities. It all looked good at the time till Nick Reed disappeared within two months and David Fear left late last year but fans were kept in the dark. I can't see how you can maintain credibility when you talk things up (as you have the right to do) when creating something worthwhile but say nothing and hope nobody notices when there are setbacks. The same thing applies with the Quarters which has the potential to be a millstone around the neck of Rovers unless the matter is approached in a businesslike way with a transparent plan and a timescale. As a shareholder I'm entitled to attend the AGM so if I do go and decide to ask a question it will be to find out whether BRFC 1883 Ltd would ever consider transferring ownership of the Mem to another company in return for a cash sum and the promise of a short term lease on a new stadium which might be built within the next ten years. |
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Post by Bath Gas on Jan 19, 2023 18:41:17 GMT
I'm sure you must know a few shareholders, you could request one of them to ask the question at the AGM on Friday. Don't blame me BG it was Colyton Gas that brought it up, dreadful fella that he is. Seriously though it is a shame that Rovers won't be completely transparent about what is happening at the training ground. When the team is doing well the quest for knowledge is subdued but as soon as we hit a rough patch the questions start coming about the training ground, the stadium, financial sustainability and why we don't hear from Wael ? In the distant past I've adocated the owners try to build a bank of goodwill with fans by sharing information and creating a sense of belonging to tide the club through when things aren't going so well and still think that's the best policy. In early February 2022 Tom Gorringe produced some programme notes about his new executive team which were very encouraging. He welcomed on board Nick Reed as Head of Finance who genuinely brought a "wealth of experience" to the team and David Fear would be overseeing the Mem and the Quarters sites as Head of Facilities. It all looked good at the time till Nick Reed disappeared within two months and David Fear left late last year but fans were kept in the dark. I can't see how you can maintain credibility when you talk things up (as you have the right to do) when creating something worthwhile but say nothing and hope nobody notices when there are setbacks. The same thing applies with the Quarters which has the potential to be a millstone around the neck of Rovers unless the matter is approached in a businesslike way with a transparent plan and a timescale. As a shareholder I'm entitled to attend the AGM so if I do go and decide to ask a question it will be to find out whether BRFC 1883 Ltd would ever consider transferring ownership of the Mem to another company in return for a cash sum and the promise of a short term lease on a new stadium which might be built within the next ten years. Sorry, I thought that you were in America, so hadn't considered you attending the AGM yourself. To be honest, I'm not aware that, in general, fans have concerns about the training ground - it appears to be suit the staff who have to use it. |
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Post by eppinggas on Nov 10, 2023 8:44:17 GMT
I'm sure you must know a few shareholders, you could request one of them to ask the question at the AGM on Friday. Don't blame me BG it was Colyton Gas that brought it up, dreadful fella that he is. Seriously though it is a shame that Rovers won't be completely transparent about what is happening at the training ground. When the team is doing well the quest for knowledge is subdued but as soon as we hit a rough patch the questions start coming about the training ground, the stadium, financial sustainability and why we don't hear from Wael ? In the distant past I've adocated the owners try to build a bank of goodwill with fans by sharing information and creating a sense of belonging to tide the club through when things aren't going so well and still think that's the best policy. In early February 2022 Tom Gorringe produced some programme notes about his new executive team which were very encouraging. He welcomed on board Nick Reed as Head of Finance who genuinely brought a "wealth of experience" to the team and David Fear would be overseeing the Mem and the Quarters sites as Head of Facilities. It all looked good at the time till Nick Reed disappeared within two months and David Fear left late last year but fans were kept in the dark. I can't see how you can maintain credibility when you talk things up (as you have the right to do) when creating something worthwhile but say nothing and hope nobody notices when there are setbacks. The same thing applies with the Quarters which has the potential to be a millstone around the neck of Rovers unless the matter is approached in a businesslike way with a transparent plan and a timescale. As a shareholder I'm entitled to attend the AGM so if I do go and decide to ask a question it will be to find out whether BRFC 1883 Ltd would ever consider transferring ownership of the Mem to another company in return for a cash sum and the promise of a short term lease on a new stadium which might be built within the next ten years. Have I missed updates on what's happening at the Quarters? Is the re-build complete? Not seen any photos recently (and sadly not been back in the West Country recently to see for myself). Has a Planning Application gone in for the site to also accommodate residential development? If true, not a bad thing. Sensible if the owners are looking to balance the books. |
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Post by swissgas on Nov 10, 2023 15:01:39 GMT
Don't blame me BG it was Colyton Gas that brought it up, dreadful fella that he is. Seriously though it is a shame that Rovers won't be completely transparent about what is happening at the training ground. When the team is doing well the quest for knowledge is subdued but as soon as we hit a rough patch the questions start coming about the training ground, the stadium, financial sustainability and why we don't hear from Wael ? In the distant past I've adocated the owners try to build a bank of goodwill with fans by sharing information and creating a sense of belonging to tide the club through when things aren't going so well and still think that's the best policy. In early February 2022 Tom Gorringe produced some programme notes about his new executive team which were very encouraging. He welcomed on board Nick Reed as Head of Finance who genuinely brought a "wealth of experience" to the team and David Fear would be overseeing the Mem and the Quarters sites as Head of Facilities. It all looked good at the time till Nick Reed disappeared within two months and David Fear left late last year but fans were kept in the dark. I can't see how you can maintain credibility when you talk things up (as you have the right to do) when creating something worthwhile but say nothing and hope nobody notices when there are setbacks. The same thing applies with the Quarters which has the potential to be a millstone around the neck of Rovers unless the matter is approached in a businesslike way with a transparent plan and a timescale. As a shareholder I'm entitled to attend the AGM so if I do go and decide to ask a question it will be to find out whether BRFC 1883 Ltd would ever consider transferring ownership of the Mem to another company in return for a cash sum and the promise of a short term lease on a new stadium which might be built within the next ten years. Have I missed updates on what's happening at the Quarters? Is the re-build complete? Not seen any photos recently (and sadly not been back in the West Country recently to see for myself). Has a Planning Application gone in for the site to also accommodate residential development? If true, not a bad thing. Sensible if the owners are looking to balance the books. If an approach was made to South Glos Council about using part of the site for residential development I can only see one response. "You implement the long list of legally binding conditions set when you obtained planning permission a couple of years ago and then we'll talk" |
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Post by TaiwanGas on Nov 10, 2023 15:11:27 GMT
Indeed!.
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Post by eppinggas on Nov 12, 2023 11:56:46 GMT
Have I missed updates on what's happening at the Quarters? Is the re-build complete? Not seen any photos recently (and sadly not been back in the West Country recently to see for myself). Has a Planning Application gone in for the site to also accommodate residential development? If true, not a bad thing. Sensible if the owners are looking to balance the books. If an approach was made to South Glos Council about using part of the site for residential development I can only see one response. "You implement the long list of legally binding conditions set when you obtained planning permission a couple of years ago and then we'll talk" Is it rumour, or fact, that BRFC have applied for Residential Planning Permission for the Quarters? (I'm no good with planning portals). Unless I've missed something, nothing been actually done there since before this Thread was started over a year ago. What's the hold up? What is 'the plan'? Supporters don't have a right to know. But it would help supporter engagement. |
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Post by Cheshiregas on Nov 12, 2023 12:43:59 GMT
I can find nothing outstanding or new applications to South Gloucestershire Council related to Residential Planning Permission for the Quarters on the Government Portal.
Unless something is being prepared perhaps?
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Post by swissgas on Nov 12, 2023 15:10:30 GMT
If an approach was made to South Glos Council about using part of the site for residential development I can only see one response. "You implement the long list of legally binding conditions set when you obtained planning permission a couple of years ago and then we'll talk" Is it rumour, or fact, that BRFC have applied for Residential Planning Permission for the Quarters? (I'm no good with planning portals). Unless I've missed something, nothing been actually done there since before this Thread was started over a year ago. What's the hold up? What is 'the plan'? Supporters don't have a right to know. But it would help supporter engagement. Some would have felt uneasy when Hussain Al-Saeed said he hoped that banks would provide funding for the stadium redevelopment. So letting it slip that they were trying to raise cash by selling land at the Quarters might put minds at rest. Especially the minds of younger fans who would still be around to see it all happen. |
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Post by Curly Wurly on Nov 13, 2023 14:52:48 GMT
If an approach was made to South Glos Council about using part of the site for residential development I can only see one response. "You implement the long list of legally binding conditions set when you obtained planning permission a couple of years ago and then we'll talk" Is it rumour, or fact, that BRFC have applied for Residential Planning Permission for the Quarters? (I'm no good with planning portals). Unless I've missed something, nothing been actually done there since before this Thread was started over a year ago. What's the hold up? What is 'the plan'? Supporters don't have a right to know. But it would help supporter engagement. It is rumour and one that doesn't seem to be based on any evidence. The latest formal engagement with the South Gloucestershire Planning Authority was on 24th June 2022 when amended plans for the clubhouse were approved.
Phase 2 relates to an additional pitch - probably for academy and possibly for Gas Girls use. Phase 3 is not defined beyond an identified patch of land.
You'll recall that the previous application to convert previous farm buildings to residential dwellings (PT18/3675/PNGR) was refused.
AlmondsburyGas lives nearby and on 23rd September posted the neighbour consultation document sent out by the club
No mention or hint of the site being used for anything other than sporting purposes.
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Post by eppinggas on Nov 13, 2023 15:24:33 GMT
Is it rumour, or fact, that BRFC have applied for Residential Planning Permission for the Quarters? (I'm no good with planning portals). Unless I've missed something, nothing been actually done there since before this Thread was started over a year ago. What's the hold up? What is 'the plan'? Supporters don't have a right to know. But it would help supporter engagement. It is rumour and one that doesn't seem to be based on any evidence. The latest formal engagement with the South Gloucestershire Planning Authority was on 24th June 2022 when amended plans for the clubhouse were approved.
Phase 2 relates to an additional pitch - probably for academy and possibly for Gas Girls use. Phase 3 is not defined beyond an identified patch of land.
You'll recall that the previous application to convert previous farm buildings to residential dwellings (PT18/3675/PNGR) was refused.
AlmondsburyGas lives nearby and on 23rd September posted the neighbour consultation document sent out by the club
No mention or hint of the site being used for anything other than sporting purposes.
Thanks for the update. I guess rumours abound when no official updates come from the Club. |
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