vaughan
Joined: June 2014
Posts: 1,237
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Post by vaughan on Aug 14, 2018 12:55:06 GMT
I would love to meet both Hani and his white cat.
Death by analysis. Yep, we are the irresistible force - the Internet Warriors of BRFC.
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,255
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Post by kingswood Polak on Aug 14, 2018 16:06:22 GMT
£4 for a pasty is toppish but no more than other entertainment outlets, but as for having Epping in his Gas name the last time I was in Epping it was more than £4 a pint in the pubs.... Before nice if I could get a pint at 1.30 they were not letting anymore in the old clubhouse bar so I thought no problem I will get one in the caravan at rear of South West stand but it was gone then tried to get in bar in West stand but was not allowed because I had a terrace ticket so much for improving my match day experience I had to watch that performance stone cold sober Welcome back padstow. Good to see you back posting
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,255
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Post by kingswood Polak on Aug 14, 2018 16:15:55 GMT
Please heed this advice. Ignore the wink-wink nonsense from the likes of Henbury and the Ciders on the other platform. They are proverbial click-teasers. They know nothing. In short, they are just a bunch of winkers. You would be surprised and I expect shocked that there are a few who do know but they get shot down and so those people post less & less. I have been called anti AQ but I note a fair few on this thread are now asking questions but they are not being pulled up as being haters. Questions always need to be asked. The problem is that the owners hide behind non disclosure though I just don’t believe that. There is interest in the club but would Wael be prepared to let go ? Your guess is as good as anyone else’s.
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topman
Joined: June 2014
Posts: 187
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Post by topman on Aug 14, 2018 16:56:33 GMT
What I dont understand......
You want to buy a football club maybe as a serious business proposition or sadly as a mere plaything
You check out insiders information within football and BRFC surfaces
You understand there is a very good existing fan base
A large city offering more fan potential
There is the prospect of a new stadium wanted and expected by the fans for many years
However you also know that the club is running with huge annual losses
You buy the club THEN claim that the purchase of UWE will not go ahead because of not being able to buy as a freehold concern ....understandably reducing income streams and having to meet landlord obligations
This is a banking family with many advisers readily available so why on earth did they make such a fundamental error?
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 14, 2018 17:12:32 GMT
Before nice if I could get a pint at 1.30 they were not letting anymore in the old clubhouse bar so I thought no problem I will get one in the caravan at rear of South West stand but it was gone then tried to get in bar in West stand but was not allowed because I had a terrace ticket so much for improving my match day experience I had to watch that performance stone cold sober Welcome back padstow. Good to see you back posting A rare occurrence I can assure you
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Post by PessimistGas on Aug 14, 2018 17:30:57 GMT
A good PR man would have insisted that Wael wheel his brother out in order to dispel any myths that DS were not supportive. What this family have completely underestimated is that in this country we analyse everything to death. Wael was taken aback by the questions around family support. However, in this aspect of the interview, Wael was found wanting and OF COURSE IT MATTERS, as DS manage the investment portfolio. Wael is standing more and mord alone in finding an investment vehicle for a new Stadium. It's almost death by analysis Vaughn.
If Wael said Dwane Sports are 100% committed, some people would just call BS and he was trotting out a line and pointing out Wael never said anything tangible anyway.
Even if Hani was wheeled out, and he said similar, people would call BS and probably call him a devious banker or something worse
Except previously he has already been pretty unequivocal about the family being 100% behind the project. Now he isn't. And you're right, until there is some tangible, solid progress on the infrastructure side of things people will continue to call BS because, frankly, most of what he says is meaningless BS.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 14, 2018 19:00:59 GMT
It's almost death by analysis Vaughn.
If Wael said Dwane Sports are 100% committed, some people would just call BS and he was trotting out a line and pointing out Wael never said anything tangible anyway.
Even if Hani was wheeled out, and he said similar, people would call BS and probably call him a devious banker or something worse
Except previously he has already been pretty unequivocal about the family being 100% behind the project. Now he isn't. And you're right, until there is some tangible, solid progress on the infrastructure side of things people will continue to call BS because, frankly, most of what he says is meaningless BS. I saw a post today on the other forum that basically said "I like Wael because he is a nice man and he wouldn't lie to me like Higgsy did!!1". I had to laugh really reading that and then thinking back to that interview on Saturday.
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Post by alloutofgas on Aug 14, 2018 19:29:54 GMT
It’s a managed exit. That’s all.
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Post by PessimistGas on Aug 14, 2018 19:32:16 GMT
It’s a managed exit. That’s all. I agree. I don't think they've figured out the exit part yet though. In short, A colossal smeg up.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 14, 2018 21:01:30 GMT
It’s a managed exit. That’s all. Weird I do not think it will be, yes new people (maybe even old new ones) but I honestly think that Wael will stay.
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Post by Gregory Stevens on Aug 14, 2018 21:05:33 GMT
Got to be honest, the “upgrades” strike me as the kind of thing I do in my job when I realise we don’t have the capability to actually deliver what competitors do, but want a bit of spin.
I backed WAQ but it’s too long now. Nothings happening.
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Post by a more piratey game on Aug 14, 2018 21:26:06 GMT
It’s a managed exit. That’s all. Weird I do not think it will be, yes new people (maybe even old new ones) but I honestly think that Wael will stay. I hope he does. He's a proper football bloke. And he might turn out to be a decent leader
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,255
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Post by kingswood Polak on Aug 14, 2018 22:49:26 GMT
Welcome back padstow . Good to see you back posting A rare occurrence I can assure you padstow. That’s a great shame as I very much enjoy your honesty & thoughts
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Post by Topper Gas on Aug 15, 2018 17:45:56 GMT
What I dont understand...... You want to buy a football club maybe as a serious business proposition or sadly as a mere plaything You check out insiders information within football and BRFC surfaces You understand there is a very good existing fan base A large city offering more fan potential There is the prospect of a new stadium wanted and expected by the fans for many years However you also know that the club is running with huge annual losses You buy the club THEN claim that the purchase of UWE will not go ahead because of not being able to buy as a freehold concern ....understandably reducing income streams and having to meet landlord obligations This is a banking family with many advisers readily available so why on earth did they make such a fundamental error? NH(&SH?) somehow convinced Wael it was too good an offer to miss and without any Due Diligence Wael convinced Hani it was a good deal? If you look at the time lines it wasn't until Hani got involved after the feasibility study arrived that it all started to go wrong. Before that Wael had employed Currah & co and persuaded Hani to spend £1m+ on the colony. It would have been interesting to be a fly on the wall when Hani first spoke to Wael after the feasibility study arrived &/or he realised the UWE weren't going to play ball!
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Post by bluebeard on Aug 15, 2018 19:55:47 GMT
It was an uncomfortable interview but, in the absence of a definitive announcement, I'm not sure what I was expecting. I think Wael is used to answering to other "investors" so the level of scrutiny and aggression he is getting from "customers" has come as a bit of a surprise. A few things did make sense though: However clumsily he explained it, DS is not going to throw money at an unsustainable goal. So for now, DC will need to operate within a certain budget. In the short term, any investment will go towards increasing turnover. In the medium term, any investment will go towards creating an infrastructure that can sustain the longer term goal. Some have speculated that the Colony site has the potential to be an enabling development for the main stadium project. If this has legs, they are not going to waste money on building a training complex and yes, confidentiality will have come into play. Many have speculated that UWE might yet be resurrected. I have heard this cited as fact from some sensible people, The issue has always been around building a complex that generates enough revenue to satisfy the landowner, the investors and the tenant. This IMO, is the key point. Wael appears committed but I suspect the rest of the family have concluded they've taken on a bag of spanners. I belive the continuing short term investment is a pretty strong indicator that they're not out to asset strip the club or bail any time soon. However, we may well need new / additional investors coming in before Wael can deliver the dream. In summary, frustrating but broadly positive and the doom merchants are embarrassing. 1. ... I suspect the family have concluded they've taken on a bag of spanners. 2. ... broadly positive and the doom merchants are embarrassing. But surely the "doom merchants" are the people suggesting that the family have taken on a bag of spanners. So that would appear to be people like you? Do you find yourself embarrassing? :-) Yaaaawn, yes I'm regularly embarrassed ... it's more to do with the reaction to the conclusion than the reaching of it. If you can show me evidence that stamping feet and throwing toys changes things, count me in mind.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 15, 2018 22:48:21 GMT
What I dont understand...... You want to buy a football club maybe as a serious business proposition or sadly as a mere plaything You check out insiders information within football and BRFC surfaces You understand there is a very good existing fan base A large city offering more fan potential There is the prospect of a new stadium wanted and expected by the fans for many years However you also know that the club is running with huge annual losses You buy the club THEN claim that the purchase of UWE will not go ahead because of not being able to buy as a freehold concern ....understandably reducing income streams and having to meet landlord obligations This is a banking family with many advisers readily available so why on earth did they make such a fundamental error? NH(&SH?) somehow convinced Wael it was too good an offer to miss and without any Due Diligence Wael convinced Hani it was a good deal? If you look at the time lines it wasn't until Hani got involved after the feasibility study arrived that it all started to go wrong. Before that Wael had employed Currah & co and persuaded Hani to spend £1m+ on the colony. It would have been interesting to be a fly on the wall when Hani first spoke to Wael after the feasibility study arrived &/or he realised the UWE weren't going to play ball! With respect where is the evidence for this? I struggle to believe that Hani only rocked up during the feasilibility stage....
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Post by PessimistGas on Aug 16, 2018 0:03:12 GMT
NH(&SH?) somehow convinced Wael it was too good an offer to miss and without any Due Diligence Wael convinced Hani it was a good deal? If you look at the time lines it wasn't until Hani got involved after the feasibility study arrived that it all started to go wrong. Before that Wael had employed Currah & co and persuaded Hani to spend £1m+ on the colony. It would have been interesting to be a fly on the wall when Hani first spoke to Wael after the feasibility study arrived &/or he realised the UWE weren't going to play ball! With respect where is the evidence for this? I struggle to believe that Hani only rocked up during the feasilibility stage.... There are no first hand primary sources, we're all in the dark here. But why do you struggle to believe it? It fits what we do know. May or may not be 100% accurate but probably on the right lines.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 16, 2018 9:17:16 GMT
With respect where is the evidence for this? I struggle to believe that Hani only rocked up during the feasilibility stage.... There are no first hand primary sources, we're all in the dark here. But why do you struggle to believe it? It fits what we do know. May or may not be 100% accurate but probably on the right lines. Because I keep hearing so much about how these guys are credible business people, they couldn't possibly have let their kid brother spend 5m without any sort of due diligence surely....
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 16, 2018 9:49:15 GMT
The improvements are an interesting one, when I said that I was disappointed to see us developing rooms in old stands I was told that the improvements were cost neutral. That kind of blows the idea that they're investing in the club even more. So the two options really are;
a) They're putting money into buildings that will be there for the foreseeable future which, is disappointing.
b) The developments are cost neutral so they've not put any money into developing.
Either way, they really have around a year to pull a rabbit out the hat. It's all looking a bit threadbare.
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Angas
Joined: May 2014
Posts: 2,067
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Post by Angas on Aug 16, 2018 9:52:02 GMT
Possibly both a and b. We're at the Mem for another three years minimum, according to Wael.
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