vaughan
Joined: June 2014
Posts: 1,237 
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Post by vaughan on Jul 18, 2019 11:41:42 GMT
Thanks Philton.
That is a major piece of information, so appreciation for sharing.
I suppose an investment bank would be severely tarnished if they led us into administration or receivership and did not explore all ways of preventing such a scenario.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Jul 18, 2019 12:13:11 GMT
Thats rubbish though,all the clubs that have debt have the same problem. Whats unique about rovers debt? Strewth, the point I’m making is that debt itself is not unique- everyone has it and generates it the same way through the same operating costs. But not everyone has the same means to pay their debt off, some have very rich owners, others like Fleetwood have extensive facilities outside of match days. Rovers however have few extra revenue streams in our dilapidated stadium and don’t even own our own training facilities. So I will ask again: what is the plan for paying Rovers debts off? Why are you asking me? Plenty of clubs are in debt and have to manage that debt. All these clubs have various owners and assets. Most clubs including ours rely on wealthy the carry on trading. Nothing special in this regard about rovers. |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Jul 18, 2019 13:27:11 GMT
Strewth, the point I’m making is that debt itself is not unique- everyone has it and generates it the same way through the same operating costs. But not everyone has the same means to pay their debt off, some have very rich owners, others like Fleetwood have extensive facilities outside of match days. Rovers however have few extra revenue streams in our dilapidated stadium and don’t even own our own training facilities. So I will ask again: what is the plan for paying Rovers debts off? Why are you asking me? Plenty of clubs are in debt and have to manage that debt. All these clubs have various owners and assets. Most clubs including ours rely on wealthy the carry on trading. Nothing special in this regard about rovers. I only have any interest in two football league clubs. One of them provides employment to one of my family and does not have any debt but has first class training facilities and have recently completed modest redevelopment of their stadium. The other is Bristol Rovers which I have supported since a child which is over 50 years. My concern for them is that the debt has risen dramatically over the last half a dozen years and has recently had that debt secured on its only asset where as 13 years ago only £1.1m was secured on this valuable asset. I wouldn’t be to concerned if on the pitch the club was progressing through the league and income increasing but we are treading water and apparently budgeting to lose £3m per annum. With no sign of a new stadium to increase income streams on the horizon something must change and soon. Hopefully that change will be positive and not the negative scenario which appears to be the only option at the moment. |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Jul 18, 2019 16:03:50 GMT
Strewth, the point I’m making is that debt itself is not unique- everyone has it and generates it the same way through the same operating costs. But not everyone has the same means to pay their debt off, some have very rich owners, others like Fleetwood have extensive facilities outside of match days. Rovers however have few extra revenue streams in our dilapidated stadium and don’t even own our own training facilities. So I will ask again: what is the plan for paying Rovers debts off? Why are you asking me? Plenty of clubs are in debt and have to manage that debt. All these clubs have various owners and assets. Most clubs including ours rely on wealthy the carry on trading. Nothing special in this regard about rovers. I’m asking you because you seem to think that the debt isn’t a concern because the magic money tree in the Al Qadi’s back garden is going to keep us afloat. Relying on the wealthy is all well and good, but the Al Qadi’s aren’t wealthy (in football terms). They aren’t wealthy yet the debt increases year on year which suggests they still don’t have a plan to reduce it. Do they strike you as the kind of family who will allow us to run up 100s of millions on tick like that lad at Bolton who then wrote it off because he was a fan of the club? Everything we spend will have to be paid for, one way or the other and everyone should be concerned with what form that payment will take. |
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Post by badbloodash on Aug 3, 2019 13:40:44 GMT
Hope you own a big spoon lots of humble pie to eat soon mucker Here we go, someone sounds butthurt. I haven't said that the club won't change hands as clearly, inevitably, one day it will. OK, if it's true and about to happen just give details. Don't be one of those people who suggest something to try to make themselves look important (this thread is 7 months old now, sooner or later something will happen) and then when eventually some shares change hands pretend that they knew everything all along. If you don't give details then it's fair to assume that you are just guessing or it's more beer talk and if anything does transpire then it's nothing more than coincidence. So come on, let's have the details, then we'll all know that you are to be taken seriously. Think wael just announced it get your fing spoon out |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 3, 2019 19:37:25 GMT
This does seem to follow a long established pattern, The team is s***e: we have identified a site. Play it again, Doctor. |
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,361
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Post by kingswood Polak on Aug 5, 2019 15:08:34 GMT
Here we go, someone sounds butthurt. I haven't said that the club won't change hands as clearly, inevitably, one day it will. OK, if it's true and about to happen just give details. Don't be one of those people who suggest something to try to make themselves look important (this thread is 7 months old now, sooner or later something will happen) and then when eventually some shares change hands pretend that they knew everything all along. If you don't give details then it's fair to assume that you are just guessing or it's more beer talk and if anything does transpire then it's nothing more than coincidence. So come on, let's have the details, then we'll all know that you are to be taken seriously. Think wael just announced it get your fing spoon out Announced its being looked into and they are hoping to sort planning is totally different to it happening though D. Nothing official yet |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 5, 2019 15:16:00 GMT
Here we go, someone sounds butthurt. I haven't said that the club won't change hands as clearly, inevitably, one day it will. OK, if it's true and about to happen just give details. Don't be one of those people who suggest something to try to make themselves look important (this thread is 7 months old now, sooner or later something will happen) and then when eventually some shares change hands pretend that they knew everything all along. If you don't give details then it's fair to assume that you are just guessing or it's more beer talk and if anything does transpire then it's nothing more than coincidence. So come on, let's have the details, then we'll all know that you are to be taken seriously. Think wael just announced it get your fing spoon out I have no idea what your post means? |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 9, 2019 20:02:27 GMT
I have no idea what your post means? Higgs on the board by 31st October? |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 9, 2019 20:09:23 GMT
I have no idea what your post means? Higgs on the board by 31st October? Spencer banned again before the clocks change for winter  |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 9, 2019 21:20:19 GMT
Higgs on the board by 31st October? Spencer banned again before the clocks change for winter    |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Sept 24, 2019 5:48:58 GMT
Can't be long now, right?
Seven days to go...
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,361
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Post by kingswood Polak on Sept 24, 2019 9:06:35 GMT
Is today THE day ?
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Oct 8, 2019 19:36:39 GMT
A week into October still we wait, for news due in this month as promised here. I'm not sure that we'll know consortia while still debating on page fifty-six. If Rovers are still taken over now, before October's over then I will be happy to apologise to 'M', but this does not seem likely to emerge. Nor has there been investment in a site on which to build some promised stadium. I fear old 'M' was just yanking our chain; this thread has caused us all nothing but pain. |
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Post by billyocean on Oct 8, 2019 20:33:48 GMT
I was driving behind a Total Produce fruit van earlier today. He was driving around business as usual, oblivious to the imminent sale of his home to make way for our new stadium.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Oct 10, 2019 16:31:41 GMT
I'm not convinced by much the Bristol Post say on the subject now, but here we have a story citing some takeover plan. 'Believe it when I see it' springs to mind. But I must say I'm sorry, for it's true. He got the wrong October, but it's new. |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Oct 11, 2019 11:20:17 GMT
I'm not convinced by much the Bristol Post say on the subject now, but here we have a story citing some takeover plan. 'Believe it when I see it' springs to mind. But I must say I'm sorry, for it's true. He got the wrong October, but it's new. It's all gone bananas. Now we have a consortium to rival the consortium that's doing bugger all, but consortium 2 want to build a stadium in north Bristol. This should take us nicely through to Oct 2020. |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Oct 11, 2019 12:52:18 GMT
I'm not convinced by much the Bristol Post say on the subject now, but here we have a story citing some takeover plan. 'Believe it when I see it' springs to mind. But I must say I'm sorry, for it's true. He got the wrong October, but it's new. It's all gone bananas. Now we have a consortium to rival the consortium that's doing bugger all, but consortium 2 want to build a stadium in north Bristol. This should take us nicely through to Oct 2020. None of it will happen of course but north bristol makes more sense than the bloody fruit market! |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Oct 11, 2019 13:15:06 GMT
It's all gone bananas. Now we have a consortium to rival the consortium that's doing bugger all, but consortium 2 want to build a stadium in north Bristol. This should take us nicely through to Oct 2020. None of it will happen of course but north bristol makes more sense than the bloody fruit market! Well, as you rightly point out, something has to change. Either the value of the stadium is higher than most of us seem to realise, so we could carry on as we are for a bit longer, or if that's not the case and the club doesn't get sold then a new funding model will need to be put in place. I think we agree about the stupidity of the site in St Phillips. If the club is taken over by people who think it's a good idea to build a stadium there then we are doomed before we start. But it won't happen, as soon as the owners of that site make a decision to sell, other developers who can pay more will be all over the location. |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Oct 11, 2019 13:21:54 GMT
I keep saying it but the opportunity to build a stadium was missed, it should have taken place in the 15 year period from 1998 to 2013. Bristol has gone mental now, it'll be excruciating buying land now.
Bloody useless sods.
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