|
Post by swissgas on Sept 2, 2020 22:50:05 GMT
I wouldn't be afraid to ask the question. Can such information be put in the public domain? Surely that would be a breach of data protection? Shareholders who only own a few shares would not expect their names to be put out there. A full list of shareholders was included in the Confirmation Statement submitted to Companies House by Taylor Wessing on August 1st 2016. Any changes since then should have been notified to Companies House in subsequent confirmation statements but it doesn’t appear that they have. The Companies Act requires a company to keep and make available for inspection an accurate register of shareholders showing their individual holdings.
|
|
|
Post by irenestoyboy on Sept 3, 2020 14:21:22 GMT
Can such information be put in the public domain? Surely that would be a breach of data protection? Shareholders who only own a few shares would not expect their names to be put out there. A full list of shareholders was included in the Confirmation Statement submitted to Companies House by Taylor Wessing on August 1st 2016. Any changes since then should have been notified to Companies House in subsequent confirmation statements but it doesn’t appear that they have. The Companies Act requires a company to keep and make available for inspection an accurate register of shareholders showing their individual holdings. I know it should be done, but why do you think it hasn't been done?
|
|
|
Post by swissgas on Sept 3, 2020 17:54:42 GMT
A full list of shareholders was included in the Confirmation Statement submitted to Companies House by Taylor Wessing on August 1st 2016. Any changes since then should have been notified to Companies House in subsequent confirmation statements but it doesn’t appear that they have. The Companies Act requires a company to keep and make available for inspection an accurate register of shareholders showing their individual holdings. I know it should be done, but why do you think it hasn't been done? I have no idea but with Rovers you can usually rely on the "cock up" theory.
|
|
bondigas
Joined: December 2017
Posts: 376
|
Post by bondigas on Sept 4, 2020 9:59:18 GMT
I'm sure not lifting the charge on the Mem is a "cock up", that would be a big oversight, at Companies House it's still in Dwane Sports name, that's headed by Hani, so does that mean he still holds the trump card. If not, then why hasn't the charge been lifted.
|
|
|
Post by swissgas on Sept 4, 2020 14:11:58 GMT
I'm sure not lifting the charge on the Mem is a "cock up", that would be a big oversight, at Companies House it's still in Dwane Sports name, that's headed by Hani, so does that mean he still holds the trump card. If not, then why hasn't the charge been lifted. On June 19th the club released news that "Club President Wael Al Qadi has reached agreement for the acquisition of a controlling stake in our holding Company Dwane Sports from the other members of his family. This provides him with full control over Bristol Rovers (1883) Limited (BRFC1883) and Bristol Rovers Football Club Limited(BRFC). And on July 8th the club made an unambiguous statement via it's website which said " the Club can confirm that the process of appointing the new Directors and capitalising the debt owed to Dwane Sports has been formally processed on Companies House." The July 8th statement has proven to be untrue so I think fans are very reluctant to even contemplate discussing these matters in case the June 19th statement also proves to be erroneous which would be a major blow to confidence.
|
|
Peter Parker
Global Moderator
Richard Walker
You have been sentenced to DELETION!
Joined: May 2014
Posts: 4,920
|
Post by Peter Parker on Sept 4, 2020 18:24:33 GMT
I'm sure not lifting the charge on the Mem is a "cock up", that would be a big oversight, at Companies House it's still in Dwane Sports name, that's headed by Hani, so does that mean he still holds the trump card. If not, then why hasn't the charge been lifted. On June 19th the club released news that "Club President Wael Al Qadi has reached agreement for the acquisition of a controlling stake in our holding Company Dwane Sports from the other members of his family. This provides him with full control over Bristol Rovers (1883) Limited (BRFC1883) and Bristol Rovers Football Club Limited(BRFC). And on July 8th the club made an unambiguous statement via it's website which said " the Club can confirm that the process of appointing the new Directors and capitalising the debt owed to Dwane Sports has been formally processed on Companies House." The July 8th statement has proven to be untrue so I think fans are very reluctant to even contemplate discussing these matters in case the June 19th statement also proves to be erroneous which would be a major blow to confidence. Swiss, seriously how many fans do you think have checked companies house, let alone then be reluctant to question in fear of having their hopes dashed. No offence, but if you are that bothered, write a letter to Martyn Starnes seeing as it should be public record
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Sept 4, 2020 19:48:50 GMT
On June 19th the club released news that "Club President Wael Al Qadi has reached agreement for the acquisition of a controlling stake in our holding Company Dwane Sports from the other members of his family. This provides him with full control over Bristol Rovers (1883) Limited (BRFC1883) and Bristol Rovers Football Club Limited(BRFC). And on July 8th the club made an unambiguous statement via it's website which said " the Club can confirm that the process of appointing the new Directors and capitalising the debt owed to Dwane Sports has been formally processed on Companies House." The July 8th statement has proven to be untrue so I think fans are very reluctant to even contemplate discussing these matters in case the June 19th statement also proves to be erroneous which would be a major blow to confidence. Swiss, seriously how many fans do you think have checked companies house, let alone then be reluctant to question in fear of having their hopes dashed. No offence, but if you are that bothered, write a letter to Martyn Starnes seeing as it should be public record Do you think that the detail of the conflict between club statements and official records matters?
|
|
lostinspace
Vic Lambden
Joined: June 2014
Posts: 5,216
Member is Online
|
Post by lostinspace on Sept 4, 2020 20:54:03 GMT
Swiss, seriously how many fans do you think have checked companies house, let alone then be reluctant to question in fear of having their hopes dashed. No offence, but if you are that bothered, write a letter to Martyn Starnes seeing as it should be public record Do you think that the detail of the conflict between club statements and official records matters? read it SLOWLY and i think you will find he is right, and how many actually even worry about it, only some on here who like to know these things [nothing against that personally] really take it on themselves to find this ready to read info , up to others to either take it on board, then throw it away or spread the word for the rest to find out, and not many of the rest will give two hoots,
|
|
|
Post by a more piratey game on Sept 4, 2020 21:07:45 GMT
Do you think that the detail of the conflict between club statements and official records matters? read it SLOWLY and i think you will find he is right, and how many actually even worry about it, only some on here who like to know these things [nothing against that personally] really take it on themselves to find this ready to read info , up to others to either take it on board, then throw it away or spread the word for the rest to find out, and not many of the rest will give two hoots, This is the sort of stuff where I really appreciate swiss' diligence and insight
|
|
lostinspace
Vic Lambden
Joined: June 2014
Posts: 5,216
Member is Online
|
Post by lostinspace on Sept 4, 2020 21:41:50 GMT
read it SLOWLY and i think you will find he is right, and how many actually even worry about it, only some on here who like to know these things [nothing against that personally] really take it on themselves to find this ready to read info , up to others to either take it on board, then throw it away or spread the word for the rest to find out, and not many of the rest will give two hoots, This is the sort of stuff where I really appreciate swiss' diligence and insight I can appreciate what Swiss brings to light and than there are those who take notice of it and digest it, the point PP was trying to emphasise was that there are a vast number of rovers fans( and I dare say many other clubs fans) really don’t take a blind bit of notice of what goes on beyond the doors of this ( and their)club
|
|
|
Post by swissgas on Sept 4, 2020 23:20:07 GMT
This is the sort of stuff where I really appreciate swiss' diligence and insight I can appreciate what Swiss brings to light and than there are those who take notice of it and digest it, the point PP was trying to emphasise was that there are a vast number of rovers fans( and I dare say many other clubs fans) really don’t take a blind bit of notice of what goes on beyond the doors of this ( and their)club I fully agree with you and PP that most of our fans have little interest in the business side of the club and I think the consequences of that have an impact which is not generally appreciated. In fact, as I’ve posted many times before, I think this unwillingness to challenge our owners has a bearing on the age old question of why Rovers underperform compared to what could be reasonably expected given the size of our revenue and potential fan base. The announcements in June made national press headlines and brought a huge outpouring of joy from Gasheads. So back then we certainly were interested in the business side of the club, the restructuring of Dwane Sports and the loan capitalization. But now, with legitimate doubts surfacing about whether those things took place, the consensus opinion is again that Gasheads aren’t very interested in what goes on behind the scenes and we only really care about the football itself. How can it be that in June we were so excited to hear of Wael’s takeover and the debt elimination but in September we don’t give two hoots about whether or not it has actually happened ?
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Sept 4, 2020 23:35:15 GMT
This is the point isn't it.
Once you are aware of the issue it's difficult not to be concerned.
Hence my question to PP.
Yes, LIS, I did read everything at a pace that allowed me to digest it all.
The issue as I see it is that we've moved on from a level of losses / debt that a small band of enthusiastic local businessmen can manage. There was a time when Directors were each asked to put £50k~100k in to cover losses, that won't touch the sides now.
|
|
Rex
Predictions League
Joined: June 2014
Posts: 3,287
|
Post by Rex on Sept 5, 2020 6:07:25 GMT
Let me know, via PM if appropriate, what John says. So, you would promote a less able Female candidate over and above a more qualified Male candidate when, as Anne has already pointed out, there's nothing gender specific in the SC constitution, and those are the rules under which you have been nominated. Or are you simply saying that you will broadcast the fact that the position is available to Females as well, in the hope that the outstanding candidate is in fact a Lady? Your last point exactly. It should be advertised properly, not that a fans director position is available, but have specifics required for the role. There is little point in appointing gender/race/religion/sexuality over competence as that just causes problems for the organisation when someone is clearly out of their depth. But say there was an successful, entrepreneurial female gashead who’s enthusiastic for the role and has something positive to offer then that should absolutely be taken up by the SC in preference to a similarly qualified male. For example, having a female SC Director could be instrumental in improving and promoting and growing BRFC ladies. The organisation has an excellent record in appointing people out of their depth.
|
|
Peter Parker
Global Moderator
Richard Walker
You have been sentenced to DELETION!
Joined: May 2014
Posts: 4,920
|
Post by Peter Parker on Sept 5, 2020 6:40:42 GMT
Swiss, seriously how many fans do you think have checked companies house, let alone then be reluctant to question in fear of having their hopes dashed. No offence, but if you are that bothered, write a letter to Martyn Starnes seeing as it should be public record Do you think that the detail of the conflict between club statements and official records matters? as an accountant, (i have notifications on for companies house as it interests me) Yes I do, my point is more Swiss pontificating on here to a select few doesnt actually do much. Extrapolating that to fans puttinng their fingers in their ears is a bit much. I think most people just take what Wael has said at face value. Nothing more Swiss could easily write/contact Martyn Starnes/Wael and express his concerns I am sure instead of inventing potential scenarios
|
|
bloogas
Joined: July 2016
Posts: 1,095
|
Post by bloogas on Sept 5, 2020 8:11:37 GMT
Do you think that the detail of the conflict between club statements and official records matters? as an accountant, (i have notifications on for companies house as it interests me) Yes I do, my point is more Swiss pontificating on here to a select few doesnt actually do much. Extrapolating that to fans puttinng their fingers in their ears is a bit much. I think most people just take what Wael has said at face value. Nothing more Swiss could easily write/contact Martyn Starnes/Wael and express his concerns I am sure instead of inventing potential scenarios More to the point, what could said fan do about it anyway? Get the Fundamentally Supine Authority (or whatever they call themselves these days) involved?
|
|
bondigas
Joined: December 2017
Posts: 376
|
Post by bondigas on Sept 5, 2020 8:12:07 GMT
If the charge is triggered it does become a concern to all of us though, Starnes never replies to emails, if you get the chance to ask him face to face he says he never received it. We are all shareholders as fans, there should be no reason for the club not to be more transparent.
|
|
Peter Parker
Global Moderator
Richard Walker
You have been sentenced to DELETION!
Joined: May 2014
Posts: 4,920
|
Post by Peter Parker on Sept 5, 2020 8:24:01 GMT
If the charge is triggered it does become a concern to all of us though, Starnes never replies to emails, if you get the chance to ask him face to face he says he never received it. We are all shareholders as fans, there should be no reason for the club not to be more transparent. What if we had a Supporters club to ask the question. No laughing at the back
|
|
warehamgas
Predictions League
Joined: May 2014
Posts: 3,455
|
Post by warehamgas on Sept 5, 2020 9:08:41 GMT
This is the sort of stuff where I really appreciate swiss' diligence and insight I can appreciate what Swiss brings to light and than there are those who take notice of it and digest it, the point PP was trying to emphasise was that there are a vast number of rovers fans( and I dare say many other clubs fans) really don’t take a blind bit of notice of what goes on beyond the doors of this ( and their)club Yes, I’m sure you’re right about fans not bothering once the announcement is made. At least they don’t care until a “Bury” or a “Macclesfield “ or a “Bolton” happens and then they do worry and start blaming the EFL once it goes badly wrong. It’s good as others have said to have the diligence of swiss to look at these things and as BG has implied perhaps club statements should be followed relatively soon by the official records reflecting what was said. And for this not to have happened then it’s not outrageous to ask the question why not. UTG!
|
|
Deleted
Joined: January 1970
Posts: 0
|
Post by Deleted on Sept 5, 2020 9:09:36 GMT
Do you think that the detail of the conflict between club statements and official records matters? as an accountant, (i have notifications on for companies house as it interests me) Yes I do, my point is more Swiss pontificating on here to a select few doesnt actually do much. Extrapolating that to fans puttinng their fingers in their ears is a bit much. I think most people just take what Wael has said at face value. Nothing more Swiss could easily write/contact Martyn Starnes/Wael and express his concerns I am sure instead of inventing potential scenarios I think we are in agreement here. My point was that you are aware of the potential issues and they concern you. So it's maybe not unreasonable to extrapolate from there that others would share that concern, if made aware? I do accept that this is your area of expertise, you you will have a greater degree of understanding than most of us, but the problem could be explained in simple terms I expect?
|
|
|
Post by swissgas on Sept 5, 2020 17:05:14 GMT
Do you think that the detail of the conflict between club statements and official records matters? as an accountant, (i have notifications on for companies house as it interests me) Yes I do, my point is more Swiss pontificating on here to a select few doesnt actually do much. Extrapolating that to fans puttinng their fingers in their ears is a bit much. I think most people just take what Wael has said at face value. Nothing more Swiss could easily write/contact Martyn Starnes/Wael and express his concerns I am sure instead of inventing potential scenarios I’m sure this forum is not just read by a select few and that Wael, the other board members, the local media including Sam Frost and very many Gaschat members are fully aware of what is posted here. I can understand what you say about people taking Wael at face value because for many that is a comforting thing to do since it provides a sense of loyalty. So where an element of doubt is involved it makes sense that fans would fall back on the position of “I have faith in Wael and until I see evidence to the contrary I’ll continue to have faith in him”. But in this case there is no doubt, he said he was taking 90% control of Dwane Sports, the loan would be capitalized to eliminate the debt and this would show at Companies House. But it doesn’t. Let me try to take a different angle instead of what you call pontificating because clearly, I know, even just laying out the facts leaves me open to people thinking I must have something against Wael or the club otherwise I’d keep quiet. When you are running a business there are some things you have a lot of control over and others you have very little control over. In the football business you have very little control of what happens on the field and particularly at the start of the season you will have serious concerns that all the goodwill you have built up could be rapidly swept away by a series of bad results. So one way of mitigating this is to reinforce that goodwill, address any negative issues you can and do everything possible to strengthen your position in case you have to draw on the “bank of goodwill” in the months ahead. I am suggesting that this Dwane Sports/debt elimination issue will not go away just by ignoring it and that it would be far better for Rovers as well as for Wael if it was addressed honestly now so that everyone understands what is happening and a maximum amount of goodwill is maintained. Otherwise the danger exists that it will blow up badly just when the football team is experiencing a crisis making the whole sh*tfest a lot worse than it need be.
|
|