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Post by PessimistGas on Sept 19, 2015 8:37:36 GMT
Unforunately these type of people appear to move slowly or should i say too slowly for us mere mortals - i would expect a public announcement sometime next week - UTG Then why break the news tonight, will less than a week make a real difference? I hope you aren't being used just to gage our reaction &/or raise fans expectations just to put pressure on the BoD to accept an offer which is not in the clubs interests. Are the club's interests and Higgs' interests necessarily the same thing?
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Post by gashead01 on Sept 19, 2015 9:23:12 GMT
I would like to add to the consortium rumour.... I heard of this tail end of last season and laughed it off! But then it popped up again from a total different source at wembley. I was going to post it on here but my past experiences of posting any information on here and getting shot down stopped me! As far as I'm concerned it's only a rumour, and the two sources are not strong enough for it to stand up! But they both said exactly the same thing.... And that was the name Harry rednapp has got a consortium together and looking to invest in a lower league club?
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Post by a more piratey game on Sept 19, 2015 9:32:17 GMT
Harry the Bung?
Noooooooooooo!!!!!!!!!
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Post by gashead01 on Sept 19, 2015 9:35:28 GMT
Harry the Bung? Noooooooooooo!!!!!!!!!
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bs14gas
Robin. S. Layer
Joined: May 2014
Posts: 462
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Post by bs14gas on Sept 19, 2015 9:36:22 GMT
Too much smoke and mirrors for me, heard it all before. Que Sera. Dealing if facts, is there an investor willing to sink £50m into bristol rovers? To my knowledge, no.
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Deleted
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Post by Deleted on Sept 19, 2015 9:51:06 GMT
Too much smoke and mirrors for me, Agree. If Jon has credible information then it looks as if he's witholding some of it. Come on Jon, stop messing around, let's have names of these people or the group they represent. Either you have real details or you are just being used to leak information/misinformation.
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Deleted
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Post by Deleted on Sept 19, 2015 9:56:11 GMT
Too much smoke and mirrors for me, Agree. If Jon has credible information then he's witholding some of it. Come on Jon, stop messing around, let's have names of these people or the group they represent. Either you have real details or you are just being used to leak information/misinformation. Or perhaps John has told us exactly what has been told to him. I trust him 100%, what has he got to gain from telling us what he knows? he has done it because he is a passionate fan, but if he fears who this group of potential investors are, then I fear them as well.
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Post by Topper Gas on Sept 19, 2015 10:03:16 GMT
Then why break the news tonight, will less than a week make a real difference? I hope you aren't being used just to gage our reaction &/or raise fans expectations just to put pressure on the BoD to accept an offer which is not in the clubs interests. Are the club's interests and Higgs' interests necessarily the same thing? I honestly don't know, after all he's a Gashead and has kept Rovers afloat for years with his own money/loans, even if most of the debt incurred has been is doing. It seems we have two scenarios: 1) The investors are prepared to pay a fair price for the club and build the UWE with thier own money but NH won't move on and wants to proceed with Plan B to completion. 2) They want to force NH to sell the club cheaply or write off his loans and finance the UWE with wonga type loans. They might not even have a credible plans to finance the UWE. Perhaps JTS could assure us he's fairly confident it's scenario 1 and not 2?
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Deleted
Joined: January 1970
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Post by Deleted on Sept 19, 2015 10:09:02 GMT
Agree. If Jon has credible information then it looks as if he's witholding some of it. Come on Jon, stop messing around, let's have names of these people or the group they represent. Either you have real details or you are just being used to leak information/misinformation. Or perhaps John has told us exactly what has been told to him. I trust him 100%, what has he got to gain from telling us what he knows? he has done it because he is a passionate fan, but if he fears who this group of potential investors are, then I fear them as well. It would be a bit illogical to ''fear'' them unless he knows who they are? Has he suggested that he's concerned about them?
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Deleted
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Post by Deleted on Sept 19, 2015 10:15:45 GMT
Isn't Fear The Alternative without knowing who they are exactly the sort of doublespeak that the board would be expected to employ?
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Post by a more piratey game on Sept 19, 2015 10:44:07 GMT
severncider, in the pub:
DR Gas. I am holiday in the old US of A and continued my travels BEFORE this thread started and look what has happened. I am even mentioned by you!!!
This has been going on in the background for some time, but I and a few others have not wanted to "push this info" into the public domain for obvious reasons. However, with the appointment of CS, who I believe has only been brought in to bolster NH in any "hand votes" at Board meetings, yes on a card vote he will always win BUT GD and NH have always said the club is run on a democratic vote NOT on the basis of shareholding.
With the appointment of CS, it would appear that NH has NO intention of selling the club, even if an amazing offer is placed before him. I understand why this info has now been released as NH may be throwing away a great opportunity for BRFC just to enable him to stay on as chairman.
As others have said:
1 -the "investors" now need to show their hand with full details
2 - NH needs to address this information
3 - an EGM needs to be called to enable the shareholders to clarify the "offer" and be able to pass on their views.
It's now 18.15 here so I'll keep an eye on this debate.
On another matter, lets hope for three points today. There are other important things going on , least some may have forgotten.
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Post by bluebeard on Sept 19, 2015 10:57:57 GMT
On face value, any consortium that is willing and able to deliver a stadium and invest in the team has to be an attractive option surely?
The only barriers I can see are a) the consortium doesn't actually exist b) the people concerned cannot prove they have the resources so cannot be taken seriously c) they expect the existing owners to write off their loans and Foxtrot Oscar or d) NH really is a megalomaniac and won't relinquish control under any circumstances.
I don't think anyone believes Plan A will come through but there is an outside chance that a settlement might eventually be reached to recoup some of the costs to date. If there is an offer on the table, the timing is unfortunate especially if we are looking at barrier c).
I know there is some history of misinformation being leaked but this is different. It seems to me that NH & co aren't willing to negotiate and pressure is being applied by passing info on to others in the knowledge that they may go public. All very odd though as WTGR to JTS etc, this is quite a big story so why not go straight to the local media.
My gut feel is that there is some substance in this but NH wants to await the outcome of the appeal and get some, if not all, of his money back before walking away.
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Post by Jon the Stripe on Sept 19, 2015 11:10:50 GMT
Are the club's interests and Higgs' interests necessarily the same thing? I honestly don't know, after all he's a Gashead and has kept Rovers afloat for years with his own money/loans, even if most of the debt incurred has been is doing. It seems we have two scenarios: 1) The investors are prepared to pay a fair price for the club and build the UWE with thier own money but NH won't move on and wants to proceed with Plan B to completion. 2) They want to force NH to sell the club cheaply or write off his loans and finance the UWE with wonga type loans. They might not even have a credible plans to finance the UWE. Perhaps JTS could assure us he's fairly confident it's scenario 1 and not 2? most definitely option (1) mate - UTG
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Post by a more piratey game on Sept 19, 2015 11:13:53 GMT
why do you think NH is stalling JTS?
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Post by a more piratey game on Sept 19, 2015 11:14:34 GMT
why do you think NH is stalling JTS? also, do you have a view as to what a 'fair price' might be?
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Deleted
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Post by Deleted on Sept 19, 2015 11:22:56 GMT
The only barriers I can see are a) the consortium doesn't actually exist b) the people concerned cannot prove they have the resources so cannot be taken seriously c) they expect the existing owners to write off their loans and Foxtrot Oscar or d) NH really is a megalomaniac and won't relinquish control under any circumstances. Or, E) They just can't agree a value. What if Nick says that the Mem is worth £30m as, as far as he's concerned, there's still a live legal contract with Sainsbury's, but new investors say that they value the site for alternative development, and at a lot less money?
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Post by PessimistGas on Sept 19, 2015 11:27:32 GMT
The only barriers I can see are a) the consortium doesn't actually exist b) the people concerned cannot prove they have the resources so cannot be taken seriously c) they expect the existing owners to write off their loans and Foxtrot Oscar or d) NH really is a megalomaniac and won't relinquish control under any circumstances. Or, E) They just can't agree a value. What if Nick says that the Mem is worth £30m as, as far as he's concerned, there's still a live legal contract with Sainsbury's, but new investors say that they value the site for alternative development, and at a lot less money? Then they need to go public with thier offer and intentions.
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Post by onedaytheuwe on Sept 19, 2015 11:33:15 GMT
Yet again after hopes are raised. It is now being suggested that NH isn't interested. Another false dawn : another fruitless exercise of what might of been. Sorry to sound negative but this talk talk talk have been going on for 40 years and look were we are ?.
It get's my suspicious mind thinking that when the board fails on many project ( UWE stadium / MEM revamp/ MEM complete development / MEM north stand project). It cleverly moves on to another plan to divert attention and accountability to the previous plan. A bit like the marxist did on there 5 year plans via satelite nations in the 1980's.
I mean what's the use in debating this story if it's so called being blocked from the top. Perhaps that's the ploy to move on to plan c.d.e.f.g. Either way we can dream as much as we want but we still play in a ground which hasn't been improved since 1997. Our debt's have jumped from £1 million to near £7 million. And I am fed up of stories dreams and NH.
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Post by Jon the Stripe on Sept 19, 2015 11:38:52 GMT
why do you think NH is stalling JTS? i don't want to assume anything so i will sit on the fence on that - i'm not trying to disrespect anyone cause i'm sure they have their own reasons (right or wrong) maybe the BoD want the chance to continue to prove they will eventually get it right their way and as so may decide the offer is not acceptable for them - UTG
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Post by Jon the Stripe on Sept 19, 2015 11:40:52 GMT
why do you think NH is stalling JTS? also, do you have a view as to what a 'fair price' might be? Tbh i'm not really clever enough to know these things so wouldn't really have a clue i'm afraid
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