basel
Joined: May 2014
Posts: 3,064 
|
Post by basel on Jul 31, 2023 16:55:43 GMT
I don't think that matters. As I read it they have expanded the share capital by lowering the nominal value and issuing a new tranch of shares at the new lower value which allows a new investor to buy into that new capacity. It's not clear that they have done this as a "Rights Issue" which legally I think they have to. I wonder if the SC will take up their "rights" Stop laughing at the back I have been properly corrected on the "Rights Issue" question. Of these are Dwane Sports shares which are 100% owned by the family. Duh... sorry Oldie,anything to add please, about being told of interested party/s at the Mem being introduced as the new owner/s? Any chance your source has now learnt more? Oh and purely a joke or did you hint this person/s are from Bradford? |
|
basel
Joined: May 2014
Posts: 3,064
|
Post by basel on Jul 31, 2023 16:58:30 GMT
So,is this good news or at least potentially good news please? If they really are Kuwait investors you have to assume it's good news as you can't imagine they'll want to get involved unless they can see some potential in a L1 outfit, didn't DM, the Posh owner, suggest that we were spending more than we usually do this summer? I did'nt hear about DM commenting about Rovers spending more than usual Topper,but it's interesting to hear. Kuwaiti investors does sound exciting. Thanks. |
|
oldie
Joined: September 2021
Posts: 7,543
|
Post by oldie on Jul 31, 2023 17:22:19 GMT
I have been properly corrected on the "Rights Issue" question. Of these are Dwane Sports shares which are 100% owned by the family. Duh... sorry Oldie,anything to add please, about being told of interested party/s at the Mem being introduced as the new owner/s? Any chance your source has now learnt more? Oh and purely a joke or did you hint this person/s are from Bradford? FFS Basel Allah Akhbar = God is Great Bradford Akhbar = Bradford is great ...as in our very own, the late great Geoff Bradford 😄 |
|
basel
Joined: May 2014
Posts: 3,064
|
Post by basel on Jul 31, 2023 17:29:44 GMT
Oldie,anything to add please, about being told of interested party/s at the Mem being introduced as the new owner/s? Any chance your source has now learnt more? Oh and purely a joke or did you hint this person/s are from Bradford? FFS Basel Allah Akhbar = God is Great Bradford Akhbar = Bradford is great ...as in our very own, the late great Geoff Bradford 😄 Oh!😄 Geoffrey! Okay. |
|
|
|
Post by Topper Gas on Jul 31, 2023 17:32:35 GMT
If they really are Kuwait investors you have to assume it's good news as you can't imagine they'll want to get involved unless they can see some potential in a L1 outfit, didn't DM, the Posh owner, suggest that we were spending more than we usually do this summer? I did'nt hear about DM commenting about Rovers spending more than usual Topper,but it's interesting to hear. Kuwaiti investors does sound exciting. Thanks. Perhaps they are behind the South Stand development as it always seemed odd Wael suddenly taking out a loan, after not spending a single penny on the ground previously. The Kuwait owner at Nottingham Forest has spent £m's bank rolling them. I wonder what JB makes of it all!! |
|
basel
Joined: May 2014
Posts: 3,064
|
Post by basel on Jul 31, 2023 17:38:08 GMT
I did'nt hear about DM commenting about Rovers spending more than usual Topper,but it's interesting to hear. Kuwaiti investors does sound exciting. Thanks. Perhaps they are behind the South Stand development as it always seemed odd Wael suddenly taking out a loan, after not spending a single penny on the ground previously. The Kuwait owner at Nottingham Forest has spent £m's bank rolling them. I wonder what JB makes of it all!! In the scenario this possible financial boost for Rovers,is our 'lottery winning ticket',then I reckon Joe may fancy staying and taking us to the top division. Why not. |
|
|
|
Post by droitwichgas on Jul 31, 2023 18:13:23 GMT
Perhaps they are behind the South Stand development as it always seemed odd Wael suddenly taking out a loan, after not spending a single penny on the ground previously. The Kuwait owner at Nottingham Forest has spent £m's bank rolling them. I wonder what JB makes of it all!! In the scenario this possible financial boost for Rovers,is our 'lottery winning ticket',then I reckon Joe may fancy staying and taking us to the top division. Why not. I just sense he likes being totally in control, I wonder if wealthy investors will allow that? |
|
basel
Joined: May 2014
Posts: 3,064
|
Post by basel on Jul 31, 2023 18:15:55 GMT
In the scenario this possible financial boost for Rovers,is our 'lottery winning ticket',then I reckon Joe may fancy staying and taking us to the top division. Why not. I just sense he likes being totally in control, I wonder if wealthy investors will allow that? My guess would be new investors would listen to Wael and Joe.In the main Joe would remain very much the Boss.The money people would give him a budget. I would'nt see any reason to rock the boat as JB is doing a very good job. |
|
|
|
Post by Colyton Gas. on Jul 31, 2023 18:36:54 GMT
Spoke to this chap today and he told me,
I keep buying more land in the Antarctic than I can afford…
… I think I’ve got buy polar disorder!'
|
|
|
|
Post by droitwichgas on Jul 31, 2023 18:55:43 GMT
I just sense he likes being totally in control, I wonder if wealthy investors will allow that? My guess would be new investors would listen to Wael and Joe.In the main Joe would remain very much the Boss.The money people would give him a budget. I would'nt see any reason to rock the boat as JB is doing a very good job. Who's to say they are going to listen to a word Wael says if they are big investors? After seeing the state of the Mem on Saturday they'll probably want Wael as far away from decision making as possible! |
|
basel
Joined: May 2014
Posts: 3,064
|
Post by basel on Jul 31, 2023 19:01:22 GMT
My guess would be new investors would listen to Wael and Joe.In the main Joe would remain very much the Boss.The money people would give him a budget. I would'nt see any reason to rock the boat as JB is doing a very good job. Who's to say they are going to listen to a word Wael says if they are big investors? After seeing the state of the Mem on Saturday they'll probably want Wael as far away from decision making as possible! A new investor would see land and £s on seeing the Mem I imagine. |
|
|
|
Post by laughinggas on Jul 31, 2023 19:03:36 GMT
What is the significance that this is about Dwayne not Rovers in terms of the limited companies?
|
|
|
|
Post by The Concept on Jul 31, 2023 20:34:41 GMT
"Unlucky da s**t."
|
|
|
|
Post by russiangas on Jul 31, 2023 23:01:16 GMT
Why would anyone invest in a league one club to be fair, one that reports losses of £3m per annum at that, it makes no sense at all. Do they honestly think that they can get us in the prem where it might actually make money. Foreign investors washing their dirty money through our country, like the amount of property that's owned by foreign investors sitting empty whilst we have a housing crisis. Why are we so quick to accept dirty foreign money in this country. Time we made illegal for any foreigners to own property in this country.
|
|
oldie
Joined: September 2021
Posts: 7,543
|
Post by oldie on Aug 1, 2023 0:07:21 GMT
What is the significance that this is about Dwayne not Rovers in terms of the limited companies? None |
|
|
|
Post by irenestoyboy on Aug 1, 2023 6:19:16 GMT
|
|
eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,604
|
Post by eppinggas on Aug 1, 2023 7:12:40 GMT
Very interesting times. Though a lot more detail about the potential new owner required. Middle eastern investor buys BRFC on the back of potential new stadium build. We've been here before haven't we? Could I just say "due diligence"? Anyway - it could be very good news indeed. Fair play to oldie for breaking the news... |
|
Icegas
Joined: September 2014
Posts: 1,825
|
Post by Icegas on Aug 1, 2023 7:12:48 GMT
There must be something in this. The club dispite what some will tell you has come on leaps and bounds since Wael has owned us.We are far more professional in everyway,and his hard work along with the size of our fanbase and potential due to our city size makes us very attractive club to invest in.I think Wael has proven that he loves and cares for our club and would not just get anyone investment in unless they are the real deal. This makes the Fruit market much more likely and our push to the championship over the next year or two much more likely also. |
|
eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,604
|
Post by eppinggas on Aug 1, 2023 7:36:45 GMT
My guess would be new investors would listen to Wael and Joe.In the main Joe would remain very much the Boss.The money people would give him a budget. I would'nt see any reason to rock the boat as JB is doing a very good job. Who's to say they are going to listen to a word Wael says if they are big investors? After seeing the state of the Mem on Saturday they'll probably want Wael as far away from decision making as possible! New owner. Fresh eyes on BRFC and the management set up. I wonder what Hussain Al Saeed will make of Barton. 1. Don't rock the boat initially, keep things in place. 2. Take a very large broom to everything. In the latter scenario - Barton and his entourage leaves, supporters will welcome the ownership. A united fan base? (I accept it's a minority who have an aversion to Barton, but a fully united fan base can only be a good thing). I would imagine it would only be a very very small minority who would take offence to a totally new management set up. Basel. |
|
|
|
Post by irenestoyboy on Aug 1, 2023 7:50:38 GMT
Who's to say they are going to listen to a word Wael says if they are big investors? After seeing the state of the Mem on Saturday they'll probably want Wael as far away from decision making as possible! New owner. Fresh eyes on BRFC and the management set up. I wonder what Hussain Al Saeed will make of Barton. 1. Don't rock the boat initially, keep things in place. 2. Take a very large broom to everything. In the latter scenario - Barton and his entourage leaves, supporters will welcome the ownership. A united fan base? (I accept it's a minority who have an aversion to Barton, but a fully united fan base can only be a good thing). I would imagine it would only be a very very small minority who would take offence to a totally new management set up. Basel. Hes not a new owner, hes an investor or at least thats how the article reads. The post have gotten it wrong by saying hes buying a controlling 55% stake. It could be a significant share but for Wael to remain President he will have to have the controlling stake of at least 51% and his brother will retain a small % giving the AlQadi's still significant or majority control. Edit: So if Wael had 90% and he wants a controlling share then he would have to retain 48%, Samer 4.5% and Al-Saeed 43.5% to have overall control. Thats assuming Al-Saeed is coming in with that much to begin with. |
|
