womble
Arthur Cartlidge
Joined: May 2014
Posts: 300
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Post by womble on Aug 8, 2019 15:49:08 GMT
So maybe my simplistic thinking wasn't too far out. Who gets the Mem proceeds if this goes through though. A good question. Presumably that depends on the terms of the takeover deal if it happens and how much, if anything, the Al Qadis are prepared to write off. Will Wael still be on the board and who will be El Presidente?
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 8, 2019 16:00:53 GMT
so now we have established wael has been trying to get something sorted i hope he gets treated on here with a bit more decorum
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Post by lostinspace on Aug 8, 2019 16:08:57 GMT
a few eggs on faces if it all happens,? and a few apologies?.... probably not
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 8, 2019 16:15:36 GMT
So maybe my simplistic thinking wasn't too far out. Who gets the Mem proceeds if this goes through though. The current owners get their money back. The amounts are about equal.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 8, 2019 16:16:40 GMT
so now we have established wael has been trying to get something sorted i hope he gets treated on here with a bit more decorum It sounds like Wael has been a naughty boy by spilling the beans- so I think we need to hang on a bit before we go eulogising him. He's drilled a hole in the consortium's plans, the question is on purpose or accidentally?
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 8, 2019 16:17:08 GMT
so now we have established wael has been trying to get something sorted i hope he gets treated on here with a bit more decorum I don't think Wael is in control of this situation and that is why this has now come into the open against the parties wishes.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 8, 2019 16:34:53 GMT
so now we have established wael has been trying to get something sorted i hope he gets treated on here with a bit more decorum It sounds like Wael has been a naughty boy by spilling the beans- so I think we need to hang on a bit before we go eulogising him. He's drilled a hole in the consortium's plans, the question is on purpose or accidentally? oh aye personally i would prefer to know nothing until its done but its out now and wael/the family have been working behind the scenes
weve been here before mind good old rovers
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Post by lostinspace on Aug 8, 2019 16:35:15 GMT
so now we have established wael has been trying to get something sorted i hope he gets treated on here with a bit more decorum I don't think Wael is in control of this situation and that is why this has now come into the open against the parties wishes. where does it say he has "spilt the beans?"
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 8, 2019 16:40:40 GMT
I don't think Wael is in control of this situation and that is why this has now come into the open against the parties wishes. where does it say he has "spilt the beans?" perhaps with the grilling GT has given wael previously he couldnt wait to stun geoff this time [guessing]
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eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,225
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Post by eppinggas on Aug 8, 2019 16:52:46 GMT
So maybe my simplistic thinking wasn't too far out. Who gets the Mem proceeds if this goes through though. The current owners get their money back. The amounts are about equal. Do they get to keep their 6% on the loan to BRFC as well? Cheeky bankers.
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Angas
Joined: May 2014
Posts: 2,068
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Post by Angas on Aug 8, 2019 17:13:05 GMT
My question is, why would these investors think the fruit market is the best site when all opinions on here seem to suggest it's a bad choice. Maybe the answer to that would become clearer if we knew who the investors were. I'd also like to know who's given the story to the EP but I don't suppose we're likely to find that out any time soon. October maybe ...
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trymer
Joined: November 2018
Posts: 1,504
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Post by trymer on Aug 8, 2019 17:23:29 GMT
a few eggs on faces if it all happens,? and a few apologies?.... probably not Well if he sells up and f**** off I promise that I will be straight on here saying well done and cheerio.
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Post by Gregory Stevens on Aug 8, 2019 20:55:51 GMT
The training ground is dependent on the new stadium because without the financial benefits of a new stadium we can’t afford it. Those would be future revenue streams that 'may' be there in the future. It's 'sort of an answer', but not one I have heard from a Board member ( I stand to be corrected).Many, many people have tried to get us a stadium and all have failed. Believe it or not but unless you’re a billionaire like Lansdown, willing to burn your fortune away in a narcissistic vanity project, it’s quite hard to fund and build a stadium for a heavily endebted club. We were not massively indebted before Dwane Sports took over. We are now.I think Wael gets too much stick. I believe he is genuinely trying. Not really any evidence to suggest he is genuinely trying. If he is - there is now output. Dwane Sports have had control for 3 1/2 years my friend. They have put up some tents.He got sold a dummy by Higgs who was well known to want to get out and get his money back, and he seemingly set up a deal which was not to the benefit of the club. It was purely to make it an attractive prospect to a buyer. Ok, perhaps Wael and co are guilty of not enough due diligence. Hurrah! We're getting somewhere. Something even the Wael disciples can agree with.As far as I can see; Our playing budgets if anything are slightly better than before All talk of budgets is speculation. In the interests of fairness, I'll concede that one to you anyway. I guess it's one of the reasons we are losing £3mil a year.Wael and co are trying to get us a new stadium He might be doing 'his best'. But sometimes that is not enough. Wael has said openly in the meantime if anyone comes in who can do it quicker, he will stand down Great that they are open to offers. Sadly for every month that passes, the price tag increases £250k. I mean crikey - that's the annual cost of a London office! Ok, he’s not the billionaire benefactor we hoped for. He never claimed to be that and was honest about it Fair point. Though a vision of a new stadium and category 2 training facility were down to his words, not our own expectations.Wael and co I am sure want to deliver. Of course! Do they have the finance/financial backing and are they economically astute enough to deliver? I don't see it.I’m not saying they are the saviours and I’m a huge Wael fan etc but I don’t buy the belligerent attitude. We have an owner who at least wants to move us on. Yeah - but it's just wishful thinking my friend, nothing more. The initial UWE deal collapsed 2 years ago. I've seen nothing apart from spinning wheels, BS and bluster since then.OK - I have tried to answer each point. Like I said - I think there is a fundamental issue with TRUST. From the comments I see, an awful lot of this is generational. The 'older' supporters are more cynical than the younger brigade. Is it belligerence? Or frustration? I guess the longer you've been Gas, the more frustrated you get. I am 54. You, I wager, are younger. Only three things I can think of will convince me the owners are credible. 1. Dwane Sports start work on the Training Facility (you know the one they said would be open on July 1st 2019 - but I take your point above) or, 2. Dwane Sports buys the land, obtains planning permission and has credible plans drawn up for the new stadium (fingers crossed in 6 months time then), 3. Dwane Sports write off some of the huge internal debt that BRFC owes them. This would then prove that they are actually putting their OWN MONEY in, and not just drawing the cash out of the credit facility which is based on the equity held within the Memorial Stadium. Writing off the interest BRFC have being charged at 6% would be a jolly good place to start. Good day to you Sir. I think the older you are the more impatient you are because you have less time left to play with! Short termism is a natural by-product of ageing! I’m 37 so I’m not that young. Kind of a mid ranger. I’m just realistic about this. We can’t do much from the sidelines. As far as I can see, bills are getting paid, we’re about where we should be currently given our gates and infrastructure. We’ve recently paid off a manager on a big contract. I’m not an expert on our financial situation but when that loan was secured I remember some folks saying it was a fairly common way to structure affairs. I think time will tell. You seem fairly convinced they’ve bought the club and screwed up and are now running the club into the ground. I sincerely hope you’re wrong. I suppose I stay positive as the alternative, to conspiracise, seems somewhat presumptuous. I just think we’re like the tens of other league clubs who lose money and are stuck in older stadiums. Swindon, Walsall, Brentford, and many, many more. All their fans i am sure want what we want, I do sometime think we believe the myth that we have a god given right to championship football and moving up the leagues. Our current position is broadly what it’s always been. Outside of our fanbase, most football fans aren’t looking at rovers going “well, they’ve been undersold for decades. They should be at least championship”. They are more likely to take the piss as a place no footballer wants to play.
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Post by PessimistGas on Aug 8, 2019 21:28:08 GMT
OK - I have tried to answer each point. Like I said - I think there is a fundamental issue with TRUST. From the comments I see, an awful lot of this is generational. The 'older' supporters are more cynical than the younger brigade. Is it belligerence? Or frustration? I guess the longer you've been Gas, the more frustrated you get. I am 54. You, I wager, are younger. Only three things I can think of will convince me the owners are credible. 1. Dwane Sports start work on the Training Facility (you know the one they said would be open on July 1st 2019 - but I take your point above) or, 2. Dwane Sports buys the land, obtains planning permission and has credible plans drawn up for the new stadium (fingers crossed in 6 months time then), 3. Dwane Sports write off some of the huge internal debt that BRFC owes them. This would then prove that they are actually putting their OWN MONEY in, and not just drawing the cash out of the credit facility which is based on the equity held within the Memorial Stadium. Writing off the interest BRFC have being charged at 6% would be a jolly good place to start. Good day to you Sir. I think the older you are the more impatient you are because you have less time left to play with! Short termism is a natural by-product of ageing! I’m 37 so I’m not that young. Kind of a mid ranger. I’m just realistic about this. We can’t do much from the sidelines. As far as I can see, bills are getting paid, we’re about where we should be currently given our gates and infrastructure. We’ve recently paid off a manager on a big contract. I’m not an expert on our financial situation but when that loan was secured I remember some folks saying it was a fairly common way to structure affairs. I think time will tell. You seem fairly convinced they’ve bought the club and screwed up and are now running the club into the ground. I sincerely hope you’re wrong. I suppose I stay positive as the alternative, to conspiracise, seems somewhat presumptuous. I just think we’re like the tens of other league clubs who lose money and are stuck in older stadiums. Swindon, Walsall, Brentford, and many, many more. All their fans i am sure want what we want, I do sometime think we believe the myth that we have a god given right to championship football and moving up the leagues. Our current position is broadly what it’s always been. Outside of our fanbase, most football fans aren’t looking at rovers going “well, they’ve been undersold for decades. They should be at least championship”. They are more likely to take the piss as a place no footballer wants to play. Brentford is a terrible example and the Bescot opened in the 1990s, has undergone significant improvements since and is a more than decent facility. There really aren't many bigger s**tholes than the Mem. Rodney Parade and maybe a couple of others belonging to small town clubs who could only dream of a fanbase like ours. We don't have a god given right to anything but getting to the Championship is nye on impossible at the moment, football has moved on from the good old days at Twerton and many more clubs have left us behind who we used to compete with than I could probably list.
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bondigas
Joined: December 2017
Posts: 376
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Post by bondigas on Aug 8, 2019 21:43:42 GMT
If he has blown this deal to appease his sycophants then he has an awful lot to answer for. Only time will tell, he could be the man that has killed off a new stadium opportunity once and for all.
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Post by Gregory Stevens on Aug 9, 2019 5:22:21 GMT
I think the older you are the more impatient you are because you have less time left to play with! Short termism is a natural by-product of ageing! I’m 37 so I’m not that young. Kind of a mid ranger. I’m just realistic about this. We can’t do much from the sidelines. As far as I can see, bills are getting paid, we’re about where we should be currently given our gates and infrastructure. We’ve recently paid off a manager on a big contract. I’m not an expert on our financial situation but when that loan was secured I remember some folks saying it was a fairly common way to structure affairs. I think time will tell. You seem fairly convinced they’ve bought the club and screwed up and are now running the club into the ground. I sincerely hope you’re wrong. I suppose I stay positive as the alternative, to conspiracise, seems somewhat presumptuous. I just think we’re like the tens of other league clubs who lose money and are stuck in older stadiums. Swindon, Walsall, Brentford, and many, many more. All their fans i am sure want what we want, I do sometime think we believe the myth that we have a god given right to championship football and moving up the leagues. Our current position is broadly what it’s always been. Outside of our fanbase, most football fans aren’t looking at rovers going “well, they’ve been undersold for decades. They should be at least championship”. They are more likely to take the piss as a place no footballer wants to play. Brentford is a terrible example and the Bescot opened in the 1990s, has undergone significant improvements since and is a more than decent facility. There really aren't many bigger s***holes than the Mem. Rodney Parade and maybe a couple of others belonging to small town clubs who could only dream of a fanbase like ours. We don't have a god given right to anything but getting to the Championship is nye on impossible at the moment, football has moved on from the good old days at Twerton and many more clubs have left us behind who we used to compete with than I could probably list. I remember twerton well but we’ve been in the championship rarely in the last 50 years. Mainly old div 3. We couldn’t compete in those days really, we were at a non league ground constantly on the brink of bankruptcy. Our own manager fronted 10k to buy Holloway and we had former tradesmen like Devon white and I think Andy Reece, both part timers come good. We got Nigel Martyn from non league as well I think. We sold nearly all our best players. We had Gerry Francis and it all just worked. It was a great time but as far as I can see we got lucky, it wasn’t based off a successfully run club. I know we need to move on, but Higgs had us for sale for a while. These were the best owners we could attract. If we had anything going for us commercially then we would have been bought already and going places. What I’m saying more is while the current owners haven’t produced anything, that’s nothing less than anyone else. I’d happily take new owners with new money and say goodbye Wael. To be honest, I think Wael would happily take that. It’s clear they don’t have the money or clout to get this done as yet. The other thing is, often you don’t see what’s actually happening . For example, the mem “project”. Pulling out of UWE was over a point they couldn’t disagree on. Nobody hardballs a deal without showing you have a back up option. We could be bidding on another site and using the fruit market as a media spin to show we have other options. It’s very, very difficult to really know what’s been going on. We could have dug for 15 years and be 3 feet short of gold. Or we could be nowhere. If Wael et al were blocking serious money coming in, I would be entirely against them. The problem that all of us face is that these people, with the money and vision to bring to BRFC do not exist. Wael was the best we could get and not one of these visionary money men have ever arrived despite owners being happy to sell. Thus, I find derogatory comments and vented frustration and anger at the board pointless and more fans blowing off steam. We are the basket case we are for many different reasons. Overspending in 90s, selling eastville in 30s. Bad management in 00s. It seems we are being kept afloat, if it turns out like Epping suggests they’ve mortgage the club to ensure short term survival, then it looks like we’re going bust. If that’s the case it is what it is, and I’ll be the first to climb down and accent to another point of view.
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harrybuckle
Always look on the bright side
Joined: May 2014
Posts: 5,430
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Post by harrybuckle on Aug 9, 2019 6:07:24 GMT
Do we need to lower our expectations maybe ...staying in league one, attracting crowds of 8-9,000, selling players we have developed and improved and the occasional good run in the cups.
Managing our debts and producing entertaining football on a quality pitch for us to enjoy.
We must count our blessings we are not like Bury and Bolton Wanderers who's futures look very bleak indeed.
Our recent poor home record one of the worst in our history has to improve. While I applaud GG for saving us from relegation I am still unconvinced if he can improve us to a challenging at the top six places.
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,278
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Post by kingswood Polak on Aug 9, 2019 10:30:07 GMT
Anyone can tag other users by placing their username eg @wael and then anyone who follows Wael will see it plus anyone who is interested can just search by using the hashtag #BristolRovers or other such words. It’s very simple in reality. Ah right. Thank you. I might have a little play later. You’re very welcome. I feel it’s the quickest way to find out about anything important and it’s my go to place if I hear anything important on TV. I think it was better when you could only use 140 characters as it limits trolls although, that said, it’s still fairly good on that front.
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Angas
Joined: May 2014
Posts: 2,068
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Post by Angas on Aug 9, 2019 10:38:55 GMT
Ah right. Thank you. I might have a little play later. You’re very welcome. I feel it’s the quickest way to find out about anything important and it’s my go to place if I hear anything important on TV. I think it was better when you could only use 140 characters as it limits trolls although, that said, it’s still fairly good on that front. I did have a quick look around, but I have to say I find twitter quite baffling and not hugely productive. Maybe if you've got an account it's more functional. Probably just me though - the majority seem to manage okay.
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,278
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Post by kingswood Polak on Aug 9, 2019 10:43:30 GMT
so now we have established wael has been trying to get something sorted i hope he gets treated on here with a bit more decorum I don't think Wael is in control of this situation and that is why this has now come into the open against the parties wishes. Oh dear, seems his tail must have been wagging with overexcitement. I hope it has not jeopardised any potential deal
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