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Post by fatherjackhackett on Aug 16, 2018 9:53:58 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. Why a year? The previous regime had 31 years without any tangible progress and there wasn’t this much anger.
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Deleted
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Post by Deleted on Aug 16, 2018 10:16:52 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. Why a year? The previous regime had 31 years without any tangible progress and there wasn’t this much anger. There was from me.
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Deleted
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Post by Deleted on Aug 16, 2018 11:36:23 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. Why a year? The previous regime had 31 years without any tangible progress and there wasn’t this much anger. There certainly isn't much more than a year left before the value of debt exceeds assets, unless we can sell a player for 2 odd million in the meantime.
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Post by PessimistGas on Aug 16, 2018 13:00:03 GMT
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.... Steve Hamer has admitted that the family underestimated the cost of running a football club. What's that if not a lack of due diligence?
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Deleted
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Post by Deleted on Aug 16, 2018 15:51:11 GMT
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.... Steve Hamer has admitted that the family underestimated the cost of running a football club. What's that if not a lack of due diligence? Exactly, I was being sarcastic. These guys are to owning a football club what Long John Silver was to tap dancing. Totally out of their depth.
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harrybuckle
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Post by harrybuckle on Aug 16, 2018 18:40:15 GMT
Did anyone else listen to Having a Gas on BBC Radio Bristol tonight. The Wael interview was discussed by Richard Hoskin, and long standing gasheads Dennis Payter, Chris Walker and Adie White. It really frustrates all gasheads at what Wael failed to reveal BUT is the UWE and their plans to build a training base at the UWE now the attractive option being considered by the Rovers board.
They all said too much has been spent on back room staff and not enough on improving the quality of the first team squad.
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Peter Parker
Global Moderator
Richard Walker
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Post by Peter Parker on Aug 16, 2018 18:59:27 GMT
Did anyone else listen to Having a Gas on BBC Radio Bristol tonight. The Wael interview was discussed by Richard Hoskin, and long standing gasheads Dennis Payter, Chris Walker and Adie White. It really frustrates all gasheads at what Wael failed to reveal BUT is the UWE and their plans to build a training base at the UWE now the attractive option being considered by the Rovers board. They all said too much has been spent on back room staff and not enough on improving the quality of the first team squad. Didnt hear it but were they all unanimous? Could they not get anyone who might offer a slightly different view.
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harrybuckle
Always look on the bright side
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Post by harrybuckle on Aug 16, 2018 19:07:27 GMT
Did anyone else listen to Having a Gas on BBC Radio Bristol tonight. The Wael interview was discussed by Richard Hoskin, and long standing gasheads Dennis Payter, Chris Walker and Adie White. It really frustrates all gasheads at what Wael failed to reveal BUT is the UWE and their plans to build a training base at the UWE now the attractive option being considered by the Rovers board. They all said too much has been spent on back room staff and not enough on improving the quality of the first team squad. Didnt hear it but were they all unanimous? Could they not get anyone who might offer a slightly different view. These are the major frustrations of the majority of fans at the lack of clarity on the Stadium and training ground understandably two of the three think Rovers were struggle this season unless we improve defensively
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Peter Parker
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Richard Walker
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Post by Peter Parker on Aug 16, 2018 19:20:10 GMT
Didnt hear it but were they all unanimous? Could they not get anyone who might offer a slightly different view. These are the major frustrations of the majority of fans at the lack of clarity on the Stadium and training ground understandably two of the three think Rovers were struggle this season unless we improve defensively The stadium and training ground i can understand. Was interested in the comments about sending 'too much' behind the scenes and not on the pitch, There are plenty of different voices about
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Angas
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Post by Angas on Aug 16, 2018 21:08:25 GMT
Did anyone else listen to Having a Gas on BBC Radio Bristol tonight. The Wael interview was discussed by Richard Hoskin, and long standing gasheads Dennis Payter, Chris Walker and Adie White. It really frustrates all gasheads at what Wael failed to reveal BUT is the UWE and their plans to build a training base at the UWE now the attractive option being considered by the Rovers board. They all said too much has been spent on back room staff and not enough on improving the quality of the first team squad. Didnt hear it but were they all unanimous? Could they not get anyone who might offer a slightly different view. Just listening now. Not sure that Dennis Payter thought quite the same as the other two. His opening comment was that he was still having nightmares over the £300k for Tom Nichols. He also made the point that there are wages to be paid (presumably meaning it's not just what we fork out to buy a player that needs to be counted). Unless it's still to come in the second half, he didn't mention the backroom staff.
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Post by droitwichgas on Aug 17, 2018 21:08:13 GMT
Did anyone else listen to Having a Gas on BBC Radio Bristol tonight. The Wael interview was discussed by Richard Hoskin, and long standing gasheads Dennis Payter, Chris Walker and Adie White. It really frustrates all gasheads at what Wael failed to reveal BUT is the UWE and their plans to build a training base at the UWE now the attractive option being considered by the Rovers board.They all said too much has been spent on back room staff and not enough on improving the quality of the first team squad. Assuming by the Board you mean the ALQ's I sense all they are considering is how to get out of the mess they've created, I doubt for one minute they are considering spending any money on BRFC1883.
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vaughan
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Post by vaughan on Aug 18, 2018 19:00:17 GMT
I don't want to be an ITK, but based on a reliable source, the new Stadium is not going to happen, as they can not secure funding from any source.
They are just prepared to sit on the asset in the hope that someone will come forward. DS will not provide the funds.
I really trust the source as he was in long conversations at today's game who is definitely ITK.
At least I know what the issue is, but this has been suspected for such a long time.
Emperor's new clothes.
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Deleted
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Post by Deleted on Aug 18, 2018 19:09:53 GMT
so to summarise, wael is FULLY commited to rovers, unfortunately he doesnt hold the purse strings
can we at least stop sh itty insults to wael ?
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vaughan
Joined: June 2014
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Post by vaughan on Aug 18, 2018 19:19:55 GMT
No plans to sell: no funds to build a Stadium.
Evolution...Darwin's pace.
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Post by a more piratey game on Aug 18, 2018 19:20:54 GMT
I don't want to be an ITK, but based on a reliable source, the new Stadium is not going to happen, as they can not secure funding from any source. They are just prepared to sit on the asset in the hope that someone will come forward. DS will not provide the funds. I really trust the source as he was in long conversations at today's game who is definitely ITK. At least I know what the issue is, but this has been suspected for such a long time. Emperor's new clothes. hence, as badbloodash posted he'd heard rumour, there is something like 68% of the club up for sale - with fans keeping their 8% and Wael his 25%?
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vaughan
Joined: June 2014
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Post by vaughan on Aug 18, 2018 19:24:51 GMT
If sale means investment, then so be it.
Not what I have heard tonight. The club is not up for sale.
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Post by a more piratey game on Aug 18, 2018 19:27:11 GMT
If sale means investment, then so be it. Not what I have heard tonight. The club is not up for sale. sorry - to clarify, they are hoping that someone will come forward and provide funds for the new stadium without buying the club, or a large share of it?
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vaughan
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Post by vaughan on Aug 18, 2018 19:36:14 GMT
Absolutely right.
The irony is that they are a bank and don't wish to take the risk themselves. They have also realised the declining value of the main asset in trying to secure that lending.
Imagine the reputational damage to Wael if he had to sell?
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Post by a more piratey game on Aug 18, 2018 19:41:20 GMT
it all sounds even more bonkers than before!
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Post by PessimistGas on Aug 19, 2018 9:41:22 GMT
I don't want to be an ITK, but based on a reliable source, the new Stadium is not going to happen, as they can not secure funding from any source. They are just prepared to sit on the asset in the hope that someone will come forward. DS will not provide the funds. I really trust the source as he was in long conversations at today's game who is definitely ITK. At least I know what the issue is, but this has been suspected for such a long time. Emperor's new clothes. This has been pretty obvious for some time, even those still in denial know deep down they are kidding themselves. Begs the question that when Wael said funding was no issue and it would be funded through "investments" - was he knowingly trying to mislead or does he just live in a dreamworld? I could pick out numerous other examples. The other question is that when he says the training ground will "definitely happen" is he also misleading us? It appears that there isn't enough funding to build anything halfway suitable. I feel slightly sorry for him but if this is the new reality then he needs to stop this charade right now and come clean because it's getting embarrassing for him. If he went on 20man and gave a brutally honest summary of exactly where we are and how we got to this point and confirmed that he was actively looking for outside investment I would have a whole lot more respect for him than continuing with the nonsense of the past 2 years. I feel there could still be a way back. Begs more questions about the UWE which I have asked before. - Did DS simply not have the funds? - Did DS have the funds didn't didn't have the appitite for the risk? - Was the UWE really not in the long term interests of BRFC or did it just not provide a level of return in the short to medium term the DS required? - Was that level of return remotely realistic? - Have we just missed out on the greatest opportunity any of us are likely to see? None of the above has been satisfactorily answered and in amongst the truths, half truths and, frankly, flat out untruths, I'm not sure how anyone can have any confidence in anything that has been said or is said in the future. A complete and utter farce.
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