|
Post by The Concept on Sept 14, 2023 19:44:05 GMT
You've mentioned 2 things there I was going to talk about, Swiss! ...
When we pulled out of the UWE Stadium, with the reason cited the terms weren't in Rovers favour, some wondered whether Wael didn't realise the full offer when he bought into the club and had effectively been sold a dummy.
Now we have speculation that we have pulled out of the Fruit Market site, again with talk it could have been due to the terms. If Wael was indeed sold a dummy, could the release of the video effectively have been the dummy pass being passed on?
p.s. I said it at the time in was released, I think that video had been in the can for at least a year, as the Family Tent on the East Terrace featured in it, and it had been waiting for the opportune moment.
|
|
|
Post by russiangas on Sept 14, 2023 21:11:50 GMT
Out of interest how much is the Mem site worth do you think? The new owner paid £22.5m for his share in the club. This thing about debt being capitalised does that mean that debt owed to Al Qadi for the money he's put into the club? So WAQ has made back most of what he's put into the club? I don't know the ins and outs and might be barking up the wrong tree but the new owner is so say a property tycoon of some description, could it be his main interest is the mem site and nothing else. Could we find in the future the mem site is sold off for development, the club are without a home and that's the end of the club as we know it. I might be completely wrong but given recent developments should we not be concerned?
|
|
|
Post by Topper Gas on Sept 14, 2023 21:19:15 GMT
Good point but didn't Mr Alsaaed suggest he'd been involved in at least a couple of meetings with CI, if so, then surely the finances of the lease etc were discussed? Unless it wasn't until after he bought the club that he saw the club's true financial position, as he did make a comment about not seeing the true picture until the deal was completed? Perhaps once he did he pulled the plug on the JCH deal, perhaps leaving it 'til the last hour to get some revenge on Wael, and also the FM?
|
|
|
Post by swissgas on Sept 14, 2023 21:54:22 GMT
You've mentioned 2 things there I was going to talk about, Swiss! ... When we pulled out of the UWE Stadium, with the reason cited the terms weren't in Rovers favour, some wondered whether Wael didn't realise the full offer when he bought into the club and had effectively been sold a dummy. Now we have speculation that we have pulled out of the Fruit Market site, again with talk it could have been due to the terms. If Wael was indeed sold a dummy, could the release of the video effectively have been the dummy pass being passed on? p.s. I said it at the time in was released, I think that video had been in the can for at least a year, as the Family Tent on the East Terrace featured in it, and it had been waiting for the opportune moment. The negotiations to buy the club at the end of 2015 and early 2016 would have been conducted in the main by Hani and I believe he was fully in the picture with the terms of the UWE deal. The purpose of buying Rovers was to provide Wael with a football club and since the historical accounts showed the business could be run with trading losses of £1 million per year or less the Al-Qadis thought this was a price worth paying. The financial commitment required by the UWE for the stadium was, I think, more than the family were prepared to invest. We don't know how much due diligence the Al Saeeds did with the Fruit Market project but if going further with it involved a large financial commitment which they were not able or willing to give then I imagine, bearing in mind Hussain said he wanted to be up front with the fans, that they prefer saying it is not going to work now rather than let hopes linger on. The video, in my opinion, was the result of over enthusiasm and a desire to please Gasheads getting the better of good judgement.
|
|
|
Post by swissgas on Sept 14, 2023 22:14:15 GMT
Out of interest how much is the Mem site worth do you think? The new owner paid £22.5m for his share in the club. This thing about debt being capitalised does that mean that debt owed to Al Qadi for the money he's put into the club? So WAQ has made back most of what he's put into the club? I don't know the ins and outs and might be barking up the wrong tree but the new owner is so say a property tycoon of some description, could it be his main interest is the mem site and nothing else. Could we find in the future the mem site is sold off for development, the club are without a home and that's the end of the club as we know it. I might be completely wrong but given recent developments should we not be concerned? I don't believe for one moment the new owner paid £22.5 million for his 55% share of Dwane Sports because that would value the company, and therefore Rovers, at over £40 million. Much more likely he agreed to take the 55% and paid nothing for it in return for underwriting all or a proportion of the losses. Companies House doesn't show any further capitalisation of BRFC 1883 Ltd's debt. The Jersey Companies Registry doesn't show any recent allotment of shares in Dwane Sports Ltd. The Dwane Sports Ltd and Nationwide Finance Ltd charges remain on the Mem. Today on Gaschat, for the first time, I've seen a couple of posters suggest the Mem is suitable for high density and high rise buildings which is what makes it attractive to Conygar. This IMO is perfectly true and gaining planning permission for that type of development would increase the value of the land considerably. But what is the reason for it to be brought up now ? I'm tempted to think it might be a sign of desperation coming from certain quarters.
|
|
|
Post by laughinggas on Sept 15, 2023 6:07:49 GMT
Out of interest how much is the Mem site worth do you think? The new owner paid £22.5m for his share in the club. This thing about debt being capitalised does that mean that debt owed to Al Qadi for the money he's put into the club? So WAQ has made back most of what he's put into the club? I don't know the ins and outs and might be barking up the wrong tree but the new owner is so say a property tycoon of some description, could it be his main interest is the mem site and nothing else. Could we find in the future the mem site is sold off for development, the club are without a home and that's the end of the club as we know it. I might be completely wrong but given recent developments should we not be concerned? I don't believe for one moment the new owner paid £22.5 million for his 55% share of Dwane Sports because that would value the company, and therefore Rovers, at over £40 million. Much more likely he agreed to take the 55% and paid nothing for it in return for underwriting all or a proportion of the losses. Companies House doesn't show any further capitalisation of BRFC 1883 Ltd's debt. The Jersey Companies Registry doesn't show any recent allotment of shares in Dwane Sports Ltd. The Dwane Sports Ltd and Nationwide Finance Ltd charges remain on the Mem. Today on Gaschat, for the first time, I've seen a couple of posters suggest the Mem is suitable for high density and high rise buildings which is what makes it attractive to Conygar. This IMO is perfectly true and gaining planning permission for that type of development would increase the value of the land considerably. But what is the reason for it to be brought up now ? I'm tempted to think it might be a sign of desperation coming from certain quarters. Did they say Mem or FM for high rise, thought I read the latter.
|
|
harrybuckle
Always look on the bright side
Joined: May 2014
Posts: 5,430
|
Post by harrybuckle on Sept 15, 2023 6:10:36 GMT
South stand coming on nicely and shortly 400 local eastville/Horfield residents will get to try out the new seats reserved for away supporters only but home supporters will not be able to take their seats in the new south stand until it is complete As previously stated fl rules state that Rovers must provide at least 400 seats for visitors attending the Mem. After talks appear to have broken down concerning the fruit market proposal this week it noe appears the new owners are now looking to turn the Mem into a 18,000 capacity stadium with 14,500 seats plus 3,590 safe standing at the current Thatchers terrace end of the ground. Plans are being prepared and the club is seeking to apply for phase 2 of the project at the north end of the ground with a mix of safe standing plus a further 2,410 seats at the back of the thatchers end with i understand a concourse. Phase 3 the west stand 3,200 seats plus directors boxes and media facilities and finally phase 4 the East stand a 5,345 all seater stand that will also house new changing rooms a large sports bar and an improved super store. The club hope to complete the full project ready for the start of the 2026/27 season with a prestigious opening fixture against the Kuwait national team.
Season ticket holders can apply for their seats at a discounted price and by then hopefully ticket Diaster may be replaced by a more efficient company.
What's not to like?
|
|
bondigas
Joined: December 2017
Posts: 376
|
Post by bondigas on Sept 15, 2023 6:58:48 GMT
But we have heard it straight from the mouth of TG developing the Mem is impracticable and not sustainable. Is this going to be a Lazarus moment for the club.
|
|
eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,213
|
Post by eppinggas on Sept 15, 2023 7:04:33 GMT
South stand coming on nicely and shortly 400 local eastville/Horfield residents will get to try out the new seats reserved for away supporters only but home supporters will not be able to take their seats in the new south stand until it is complete As previously stated fl rules state that Rovers must provide at least 400 seats for visitors attending the Mem. After talks appear to have broken down concerning the fruit market proposal this week it noe appears the new owners are now looking to turn the Mem into a 18,000 capacity stadium with 14,500 seats plus 3,590 safe standing at the current Thatchers terrace end of the ground. Plans are being prepared and the club is seeking to apply for phase 2 of the project at the north end of the ground with a mix of safe standing plus a further 2,410 seats at the back of the thatchers end with i understand a concourse. Phase 3 the west stand 3,200 seats plus directors boxes and media facilities and finally phase 4 the East stand a 5,345 all seater stand that will also house new changing rooms a large sports bar and an improved super store. The club hope to complete the full project ready for the start of the 2026/27 season with a prestigious opening fixture against the Kuwait national team. Season ticket holders can apply for their seats at a discounted price and by then hopefully ticket Diaster may be replaced by a more efficient company. What's not to like? Sounds like a wish-list that most supporters would be more than happy with. Where is the information coming from? If true, a ton of obstacles to overcome - both logistically and financially. But - bring it on! I look forward to Hussain delivering the details pertaining to this and the vision for the future. Or it's a made-up story that's been leaked to appease supporters after the Fruit Market went rotten.
|
|
|
Post by laughinggas on Sept 15, 2023 7:58:32 GMT
South stand coming on nicely and shortly 400 local eastville/Horfield residents will get to try out the new seats reserved for away supporters only but home supporters will not be able to take their seats in the new south stand until it is complete As previously stated fl rules state that Rovers must provide at least 400 seats for visitors attending the Mem. After talks appear to have broken down concerning the fruit market proposal this week it noe appears the new owners are now looking to turn the Mem into a 18,000 capacity stadium with 14,500 seats plus 3,590 safe standing at the current Thatchers terrace end of the ground. Plans are being prepared and the club is seeking to apply for phase 2 of the project at the north end of the ground with a mix of safe standing plus a further 2,410 seats at the back of the thatchers end with i understand a concourse. Phase 3 the west stand 3,200 seats plus directors boxes and media facilities and finally phase 4 the East stand a 5,345 all seater stand that will also house new changing rooms a large sports bar and an improved super store. The club hope to complete the full project ready for the start of the 2026/27 season with a prestigious opening fixture against the Kuwait national team. Season ticket holders can apply for their seats at a discounted price and by then hopefully ticket Diaster may be replaced by a more efficient company. What's not to like? Where is this from?
|
|
|
Post by The Concept on Sept 15, 2023 8:37:07 GMT
South stand coming on nicely and shortly 400 local eastville/Horfield residents will get to try out the new seats reserved for away supporters only but home supporters will not be able to take their seats in the new south stand until it is complete As previously stated fl rules state that Rovers must provide at least 400 seats for visitors attending the Mem. After talks appear to have broken down concerning the fruit market proposal this week it noe appears the new owners are now looking to turn the Mem into a 18,000 capacity stadium with 14,500 seats plus 3,590 safe standing at the current Thatchers terrace end of the ground. Plans are being prepared and the club is seeking to apply for phase 2 of the project at the north end of the ground with a mix of safe standing plus a further 2,410 seats at the back of the thatchers end with i understand a concourse. Phase 3 the west stand 3,200 seats plus directors boxes and media facilities and finally phase 4 the East stand a 5,345 all seater stand that will also house new changing rooms a large sports bar and an improved super store. The club hope to complete the full project ready for the start of the 2026/27 season with a prestigious opening fixture against the Kuwait national team. Season ticket holders can apply for their seats at a discounted price and by then hopefully ticket Diaster may be replaced by a more efficient company. What's not to like? Sounds like a wish-list that most supporters would be more than happy with. Where is the information coming from? If true, a ton of obstacles to overcome - both logistically and financially. But - bring it on! I look forward to Hussain delivering the details pertaining to this and the vision for the future. Or it's a made-up story that's been leaked to appease supporters after the Fruit Market went rotten. Michael has basically copied and pasted from a jokey post someone put on a couple of the Rovers facebook groups, and added a few words here and there. The text accompanied an old black and white photo of a stand that was being built, with girders and framework similar to how the new South Stand looks at the moment, and had several people seated in a top tier - looked rather strange! Here is the text from that facebook post: South stand coming on nicely 400 local eastville residents get to try out the new seats reserved for away supporters only but home supporters will not be able to take their seats in the new south stand until it is complete fa rules state that rovers must provide at least 400 seats for visitors attending the memorial stadium . after talks break down with the fruit market this week rovers are now looking to turn the mem into a 18,000 capacity stadium with 14,500 seats plus 3,590 safe standing at the current thatchers terrace end of the ground plans have been put in place and the club is seeking to apply for phase 2 of the project at the north end of the ground with a mix of safe standing plus a further 2,410 seats at the back of the thatchers end with a understand concourse. phase 3 the west stand 3,200 seats plus directors boxes and media facilities. and finally phase 4 the east stand a 5,345 all seater stand that will also house new changing rooms a large sports bar and rovers super store the club hope to complete the project ready for the start of the 26/27 season
|
|
|
Post by Dr John Dee on Sept 15, 2023 8:50:47 GMT
This is an article I wrote in 2004 for Black Arab that talked about a stadium build in peices. Reproduced here for entertainment purposes only. The pictures are lost, but the text remains on the Wayback machine.
|
|
eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,213
|
Post by eppinggas on Sept 15, 2023 9:43:59 GMT
This is an article I wrote in 2004 for Black Arab that talked about a stadium build in peices. Reproduced here for entertainment purposes only. The pictures are lost, but the text remains on the Wayback machine. Hilarious. You have to see the funny side of this, what other option is there? Some wishful thinking from 20 years ago is now being recycled as a potential blueprint for the future of BRFC. BRFC is the gift that keeps on giving, and continues to entertain the in-breds south of the river.
|
|
|
Post by Dr John Dee on Sept 15, 2023 9:50:44 GMT
What dates this article is the mention of Government funding for replacing terracing and building stadia. We missed out there. I am particularly proud of the glasshouse sitting at the South end of the New East Stand giving panoramic views over all of Alton Road...
|
|
harrybuckle
Always look on the bright side
Joined: May 2014
Posts: 5,430
|
Post by harrybuckle on Sept 15, 2023 12:22:45 GMT
Sounds like a wish-list that most supporters would be more than happy with. Where is the information coming from? If true, a ton of obstacles to overcome - both logistically and financially. But - bring it on! I look forward to Hussain delivering the details pertaining to this and the vision for the future. Or it's a made-up story that's been leaked to appease supporters after the Fruit Market went rotten. Michael has basically copied and pasted from a jokey post someone put on a couple of the Rovers facebook groups, and added a few words here and there. The text accompanied an old black and white photo of a stand that was being built, with girders and framework similar to how the new South Stand looks at the moment, and had several people seated in a top tier - looked rather strange! Here is the text from that facebook post: South stand coming on nicely 400 local eastville residents get to try out the new seats reserved for away supporters only but home supporters will not be able to take their seats in the new south stand until it is complete fa rules state that rovers must provide at least 400 seats for visitors attending the memorial stadium . after talks break down with the fruit market this week rovers are now looking to turn the mem into a 18,000 capacity stadium with 14,500 seats plus 3,590 safe standing at the current thatchers terrace end of the ground plans have been put in place and the club is seeking to apply for phase 2 of the project at the north end of the ground with a mix of safe standing plus a further 2,410 seats at the back of the thatchers end with a understand concourse. phase 3 the west stand 3,200 seats plus directors boxes and media facilities. and finally phase 4 the east stand a 5,345 all seater stand that will also house new changing rooms a large sports bar and rovers super store the club hope to complete the project ready for the start of the 26/27 season I have Installed artificial intelligence on my new mobile phone. It seems to insert words and phrases and as an example I was in Aldi and a shopping list came up on phone. Bananas aubergine carrots and leeks appeared something I rarely eat. It also reminded me to buy my ticket for the West Ham United fixture on Tuesday and paid ticket master for it. Thankfully I was going to go anyway cos I love watching Prem teams live. This Ai is incredibly clever but keeps recommending Chinese products and Chinese takeaways for me to buy and or invest in Chinese businesses which is for me a tad worrying. But I guess that's progress you cannot stop it.
|
|
kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,278
|
Post by kingswood Polak on Sept 15, 2023 12:38:09 GMT
Michael has basically copied and pasted from a jokey post someone put on a couple of the Rovers facebook groups, and added a few words here and there. The text accompanied an old black and white photo of a stand that was being built, with girders and framework similar to how the new South Stand looks at the moment, and had several people seated in a top tier - looked rather strange! Here is the text from that facebook post: South stand coming on nicely 400 local eastville residents get to try out the new seats reserved for away supporters only but home supporters will not be able to take their seats in the new south stand until it is complete fa rules state that rovers must provide at least 400 seats for visitors attending the memorial stadium . after talks break down with the fruit market this week rovers are now looking to turn the mem into a 18,000 capacity stadium with 14,500 seats plus 3,590 safe standing at the current thatchers terrace end of the ground plans have been put in place and the club is seeking to apply for phase 2 of the project at the north end of the ground with a mix of safe standing plus a further 2,410 seats at the back of the thatchers end with a understand concourse. phase 3 the west stand 3,200 seats plus directors boxes and media facilities. and finally phase 4 the east stand a 5,345 all seater stand that will also house new changing rooms a large sports bar and rovers super store the club hope to complete the project ready for the start of the 26/27 season I have Installed artificial intelligence on my new mobile phone. It seems to insert words and phrases and as an example I was in Aldi and a shopping list came up on phone. Bananas aubergine carrots and leeks appeared something I rarely eat. It also reminded me to buy my ticket for the West Ham United fixture on Tuesday and paid ticket master for it. Thankfully I was going to go anyway cos I love watching Prem teams live. This Ai is incredibly clever but keeps recommendeding Chinese products Chinese takeaways for me to buy and or invest in Chinese businesses which is for me a tad worrying. But I guess that's prigress you cannot stop it. Bristol Rovers seemingly, have a talent for stopping progress 😂
|
|
|
Post by swissgas on Sept 15, 2023 15:15:00 GMT
I don't believe for one moment the new owner paid £22.5 million for his 55% share of Dwane Sports because that would value the company, and therefore Rovers, at over £40 million. Much more likely he agreed to take the 55% and paid nothing for it in return for underwriting all or a proportion of the losses. Companies House doesn't show any further capitalisation of BRFC 1883 Ltd's debt. The Jersey Companies Registry doesn't show any recent allotment of shares in Dwane Sports Ltd. The Dwane Sports Ltd and Nationwide Finance Ltd charges remain on the Mem. Today on Gaschat, for the first time, I've seen a couple of posters suggest the Mem is suitable for high density and high rise buildings which is what makes it attractive to Conygar. This IMO is perfectly true and gaining planning permission for that type of development would increase the value of the land considerably. But what is the reason for it to be brought up now ? I'm tempted to think it might be a sign of desperation coming from certain quarters. Did they say Mem or FM for high rise, thought I read the latter. The two gaschat posts I referred to were about the Mem but I believe high rise at the FM was also in the plan. A few years ago a Gashead with experience in property development explained to me how permission for high rise was a game changer and would mean the Mem could be worth even more than Sainsburys agreed to pay for it. But even so there is no reward without risk. And making a large financial commitment years in advance then having to keep a heavily loss making business going for an indeterminate amount of time before there is even the possibility of making a return presents an extremely big risk.
|
|
|
Post by droitwichgas on Sept 15, 2023 19:48:29 GMT
There's no way high rise flats will ever be built on the Mem, developers may get away with low rise flats. Although whatever is built in the Mem could also be built on the FM site, so I don't really see what CI will gain for swapping the FM for the Mem without Rovers paying a decent lease or rent for the stadium plus a % of any income they receive.
|
|
|
Post by CabbagePatchBlues on Sept 18, 2023 8:05:57 GMT
Has the club released an official statement yet regarding the status of the FM project or do we go with the unofficial leak to the Evening Post?
|
|
bondigas
Joined: December 2017
Posts: 376
|
Post by bondigas on Sept 18, 2023 10:31:47 GMT
Just be patient, Gorringe has given a two hour inteview to some primary school kids who are going to release on twitter this evening the content. Although they have tweeted this morning the club might beat them to it and break the story first.
|
|