Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Jul 7, 2014 20:33:08 GMT
why not scrap the new ground? isnt it just a massive white elephant? why not stay at the mem operate on a realistic budget get back in the league and forget some huge ground in the middle of nowhere that might just make us bankrupt! also scrap the academy we cant afford it,its not producing players and the best just get cherry picked anyway?
|
|
Jomo
Joined: May 2014
Posts: 13
|
Post by Jomo on Jul 7, 2014 20:58:01 GMT
Sometimes in order to radically improve, you have to take risks. Speculate to accumulate.
Scrapping the ground and academy may well actually happen, but I hope it doesn't. They're the only 2 things that may actually give us a chance of a good long term future.
|
|
|
Post by Surrey Gas on Jul 7, 2014 21:04:40 GMT
Sometimes in order to radically improve, you have to take risks. Speculate to accumulate. Scrapping the ground and academy may well actually happen, but I hope it doesn't. They're the only 2 things that may actually give us a chance of a good long term future. Scrapping the ground is a bigger risk than pursuing it - but I fear the decision is out of our hands
|
|
toteend
Joined: May 2014
Posts: 305
|
Post by toteend on Jul 7, 2014 21:14:23 GMT
Someone's been sniffing the white stuff again.
|
|
toteend
Joined: May 2014
Posts: 305
|
Post by toteend on Jul 7, 2014 21:23:13 GMT
Not sure you guys who decry it are up to speed, so I'll enlighten you.
Once the money for the Mem is due, legal agreements are in place to ensure it is paid into a holding account that can only be accessed with joint signatures of a Rovers director AND a representative of Buckingham Group to withdraw funds in favour of Buckingham Group as building costs are incurred.
Any surplus will then be released to an account in the name of 1883Ltd which would then be used to clear most if not all of the directors loans or for any other purpose deemed legit by our board.
So tell me, how do our board get their hands on the money exactly? Do tell, coz we might even get film rights as well. Still, why let the truth get in t he way of a good conspiracy.
|
|
|
Post by Topper Gas on Jul 7, 2014 21:48:40 GMT
The big issue now seems to be if the money is actually paid not what happens to it once it is in the bank?
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Jul 7, 2014 21:53:45 GMT
Or maybe the funds from Sainsbury's are no longer sufficient for the project to go ahead?
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Jul 7, 2014 21:59:48 GMT
Not sure you guys who decry it are up to speed, so I'll enlighten you. Once the money for the Mem is due, legal agreements are in place to ensure it is paid into a holding account that can only be accessed with joint signatures of a Rovers director AND a representative of Buckingham Group to withdraw funds in favour of Buckingham Group as building costs are incurred. Any surplus will then be released to an account in the name of 1883Ltd which would then be used to clear most if not all of the directors loans or for any other purpose deemed legit by our board. So tell me, how do our board get their hands on the money exactly? Do tell, coz we might even get film rights as well. Still, why let the truth get in t he way of a good conspiracy. Wow, that is a very bold statement! Not heard that bit before. If it is true (and I am not doubting you) then it just highlights yet another lack of communication. If I was on the board, I would have been telling everybody that bit as it installs confidence in the whole process.
|
|
|
Post by drgashead on Jul 7, 2014 22:25:15 GMT
Someone's been sniffing the white stuff again. Milk??
|
|
|
Post by Big Dave on Jul 7, 2014 22:26:50 GMT
Not sure you guys who decry it are up to speed, so I'll enlighten you. Once the money for the Mem is due, legal agreements are in place to ensure it is paid into a holding account that can only be accessed with joint signatures of a Rovers director AND a representative of Buckingham Group to withdraw funds in favour of Buckingham Group as building costs are incurred. Any surplus will then be released to an account in the name of 1883Ltd which would then be used to clear most if not all of the directors loans or for any other purpose deemed legit by our board. So tell me, how do our board get their hands on the money exactly? Do tell, coz we might even get film rights as well. Still, why let the truth get in t he way of a good conspiracy. Wow, that is a very bold statement! Not heard that bit before. If it is true (and I am not doubting you) then it just highlights yet another lack of communication. If I was on the board, I would have been telling everybody that bit as it installs confidence in the whole process. It fills me with confidence! But can I ask toteend why you brought it up now? Unless I've missed something in this or another thread...?
|
|
|
Post by swissgas on Jul 7, 2014 22:32:12 GMT
Not sure you guys who decry it are up to speed, so I'll enlighten you. Once the money for the Mem is due, legal agreements are in place to ensure it is paid into a holding account that can only be accessed with joint signatures of a Rovers director AND a representative of Buckingham Group to withdraw funds in favour of Buckingham Group as building costs are incurred. Any surplus will then be released to an account in the name of 1883Ltd which would then be used to clear most if not all of the directors loans or for any other purpose deemed legit by our board. So tell me, how do our board get their hands on the money exactly? Do tell, coz we might even get film rights as well. Still, why let the truth get in t he way of a good conspiracy. I can't see that anyone on this thread has said anything about the board getting their hands on the Sainsburys money ? Sometimes when you are feeling insecure and your conscience is troubling you it's tempting to see an enemy around every corner. It will be a tragedy for all of us if the UWE Stadium turns out to have been a pipe dream but the OP makes a couple of fair points which deserve sensible debate. I think most fans have been brainwashed into believing there is no future without the UWE Stadium. You just need to look at the football league table and you can pick out dozens of clubs who play in modest old fashioned stadiums but they survive and they provide their fans with plenty of enjoyment and something to cheer about. These clubs manage to keep going through managing their resources properly and the occasional need for donations from their Directors. A football stadium is a place where a football team plays it's not a shopping mall or anyone's pension fund. And a football club is a gathering of like minded people who come together with the aim of promoting a successful team and an environment where each of them can enjoy the sport. Rovers have a place to play and enough like minded people to make the club successful so of course it can survive without a new stadium.
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Jul 7, 2014 22:34:05 GMT
the new ground is a bit of a holy grail i know but i just think its become a vehicle for the board to get bought out for profit by god knows who.? we would only need a new ground if we were in the premiership i reckon but were in the bloody conference! how many conference or league 2 teams have an academy? i dont know i must admit but i think we need to concentrate on the 20+ professionals and get back in the league
|
|
Captain Jayho
Andy Tillson
Straight outta burrington...
Joined: May 2014
Posts: 472
|
Post by Captain Jayho on Jul 8, 2014 2:15:39 GMT
If the directors loans get paid off then (and only then) they might consider putting the club up for sale. So it's not just about the stadium, it's about the whole future of the club. No chance they will relinquish control until they've got their money back.
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Jul 8, 2014 4:17:14 GMT
If the directors loans get paid off then (and only then) they might consider putting the club up for sale. So it's not just about the stadium, it's about the whole future of the club. No chance they will relinquish control until they've got their money back. Im just surprised that more people have not come out with this,especially since the relegation. The way people have become anti Rovers you would have thought that everyone who supports the Rovers would want the Stadium to go ahead just for a buy out of the incompetent fools alone never mind anything else. But like the poster said above,Rovers would survive at the Mem but not in the mismanaged way the board have continued to run the club over the past few years.
|
|
jozer
Joined: May 2014
Posts: 365
|
Post by jozer on Jul 8, 2014 5:16:02 GMT
Not sure you guys who decry it are up to speed, so I'll enlighten you. Once the money for the Mem is due, legal agreements are in place to ensure it is paid into a holding account that can only be accessed with joint signatures of a Rovers director AND a representative of Buckingham Group to withdraw funds in favour of Buckingham Group as building costs are incurred. Any surplus will then be released to an account in the name of 1883Ltd which would then be used to clear most if not all of the directors loans or for any other purpose deemed legit by our board. So tell me, how do our board get their hands on the money exactly? Do tell, coz we might even get film rights as well. Still, why let the truth get in t he way of a good conspiracy. I can't see that anyone on this thread has said anything about the board getting their hands on the Sainsburys money ? Sometimes when you are feeling insecure and your conscience is troubling you it's tempting to see an enemy around every corner. It will be a tragedy for all of us if the UWE Stadium turns out to have been a pipe dream but the OP makes a couple of fair points which deserve sensible debate. I think most fans have been brainwashed into believing there is no future without the UWE Stadium. You just need to look at the football league table and you can pick out dozens of clubs who play in modest old fashioned stadiums but they survive and they provide their fans with plenty of enjoyment and something to cheer about. These clubs manage to keep going through managing their resources properly and the occasional need for donations from their Directors. A football stadium is a place where a football team plays it's not a shopping mall or anyone's pension fund. And a football club is a gathering of like minded people who come together with the aim of promoting a successful team and an environment where each of them can enjoy the sport. Rovers have a place to play and enough like minded people to make the club successful so of course it can survive without a new stadium. Ahem.....
|
|
|
Post by Surrey Gas on Jul 8, 2014 7:34:04 GMT
the new ground is a bit of a holy grail i know but i just think its become a vehicle for the board to get bought out for profit by god knows who.? we would only need a new ground if we were in the premiership i reckon but were in the bloody conference! how many conference or league 2 teams have an academy? i dont know i must admit but i think we need to concentrate on the 20+ professionals and get back in the league The new ground is part of what should be a long term plan to bring success to the club. The current 20+ professionals is the short term plan which will hopefully get us back in the league in the short term. The two are not mutually exclusive.
|
|
|
Post by Surrey Gas on Jul 8, 2014 7:39:41 GMT
Not sure you guys who decry it are up to speed, so I'll enlighten you. Once the money for the Mem is due, legal agreements are in place to ensure it is paid into a holding account that can only be accessed with joint signatures of a Rovers director AND a representative of Buckingham Group to withdraw funds in favour of Buckingham Group as building costs are incurred. Any surplus will then be released to an account in the name of 1883Ltd which would then be used to clear most if not all of the directors loans or for any other purpose deemed legit by our board. So tell me, how do our board get their hands on the money exactly? Do tell, coz we might even get film rights as well. Still, why let the truth get in t he way of a good conspiracy. I can't see that anyone on this thread has said anything about the board getting their hands on the Sainsburys money ? Sometimes when you are feeling insecure and your conscience is troubling you it's tempting to see an enemy around every corner. It will be a tragedy for all of us if the UWE Stadium turns out to have been a pipe dream but the OP makes a couple of fair points which deserve sensible debate. I think most fans have been brainwashed into believing there is no future without the UWE Stadium. You just need to look at the football league table and you can pick out dozens of clubs who play in modest old fashioned stadiums but they survive and they provide their fans with plenty of enjoyment and something to cheer about. These clubs manage to keep going through managing their resources properly and the occasional need for donations from their Directors. A football stadium is a place where a football team plays it's not a shopping mall or anyone's pension fund. And a football club is a gathering of like minded people who come together with the aim of promoting a successful team and an environment where each of them can enjoy the sport. Rovers have a place to play and enough like minded people to make the club successful so of course it can survive without a new stadium. Whereas I agree with what you say I think the UWE is our best (and currently our only) option to secure a viable home. The Mem in its current state is not sustainable unless our ambition is to remain a struggling lower league (and now non league) club.
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Jul 8, 2014 7:42:21 GMT
Not sure you guys who decry it are up to speed, so I'll enlighten you. Once the money for the Mem is due, legal agreements are in place to ensure it is paid into a holding account that can only be accessed with joint signatures of a Rovers director AND a representative of Buckingham Group to withdraw funds in favour of Buckingham Group as building costs are incurred. Any surplus will then be released to an account in the name of 1883Ltd which would then be used to clear most if not all of the directors loans or for any other purpose deemed legit by our board. So tell me, how do our board get their hands on the money exactly? Do tell, coz we might even get film rights as well. Still, why let the truth get in t he way of a good conspiracy. So Tote Are you seriously suggesting that the main asset of a company with multiple shareholders is being sold by its directors and the proceeds are immediately paid into an account that is not in the total control of directors who are acting on behalf of those shareholders? Seriously? I can understand that under the terms of the contract with Buckingham that the directors of Buckingham insisted that the agreed contract value be deposited in a holding account to ensure that they will be paid in full. If correct that says two things about the view Buckingham has about thecompany that owns BRFC. 1. They are concerned about the viability of the company they entering into a contract with. 2. There is not enough trust to alliw them to proceed without that condition in the contract, to protect their own shareholders. If correct, this is supposed to instill confidence in the stakeholders of BRFC...seriously? White stuff indeed, a Lewis Carroll tale of gross naievety.
|
|
|
Post by Northville Blue on Jul 8, 2014 7:45:52 GMT
When the car park was sold the proceeds went into an account monitored by the council and the funds were only allowed to be used for stadium improvements, floodlights, purchase of South Stand etc.
|
|
Peter Parker
Global Moderator
Richard Walker
You have been sentenced to DELETION!
Joined: May 2014
Posts: 4,920
|
Post by Peter Parker on Jul 8, 2014 7:47:02 GMT
Not sure you guys who decry it are up to speed, so I'll enlighten you. Once the money for the Mem is due, legal agreements are in place to ensure it is paid into a holding account that can only be accessed with joint signatures of a Rovers director AND a representative of Buckingham Group to withdraw funds in favour of Buckingham Group as building costs are incurred. Any surplus will then be released to an account in the name of 1883Ltd which would then be used to clear most if not all of the directors loans or for any other purpose deemed legit by our board. So tell me, how do our board get their hands on the money exactly? Do tell, coz we might even get film rights as well. Still, why let the truth get in t he way of a good conspiracy. I think you mean any surplus will pay off some or none of the debt/directors loans. The debt is getting bigger and will grow with relegation and if we stay down
|
|