JeffNZ
Administrator
Jimmy Morgan
Joined: May 2014
Posts: 2,639
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Post by JeffNZ on Apr 14, 2024 21:22:45 GMT
A Rovers and Spurs fan wrote a Twitter thread about Rovers, to receive Joseph Anthony B*****'s unpleasant response. Proof once again (as if it were needed) of the vile nature of the man. He was vile when our manager but since his sacking, he seems to have dug himself deeper into the cesspool of toxicity. He clearly has problems and should seriously seek help. He won't of course, as for him, this has been his modus operandi all his sad life.
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eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,503
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Post by eppinggas on Apr 14, 2024 21:45:25 GMT
A Rovers and Spurs fan wrote a Twitter thread about Rovers, to receive Joseph Anthony B*****'s unpleasant response. Proof once again (as if it were needed) of the vile nature of the man. He was vile when our manager but since his sacking, he seems to have dug himself deeper into the cesspool of toxicity. He clearly has problems and should seriously seek help. He won't of course, as for him, this has been his modus operandi all his sad life. If only Rovers supporters could have seen the monumental stupidity of signing this utter piece of excrement in February in 2021. Oh. Some did.
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Post by a more piratey game on Apr 14, 2024 22:37:34 GMT
There is a horrible pun about, as the Americans out it, WAQing off there
On the subject, I'd be interested in Wael's view of the Barton period now. Can't help wondering if he's learnt a painful lesson, thinks that hindsight isn't helpful as you can only do what you think is best at the time, is glad of the time in the spotlight or a mix/other
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Post by swissgas on Apr 15, 2024 1:24:19 GMT
There is a horrible pun about, as the Americans out it, WAQing off there On the subject, I'd be interested in Wael's view of the B***** period now. Can't help wondering if he's learnt a painful lesson, thinks that hindsight isn't helpful as you can only do what you think is best at the time, is glad of the time in the spotlight or a mix/other Wael lives on another planet ampg. An item in the BRFC Ltd 22/23 accounts made me look back to see how Rovers were doing in October 2022. We’d had a League 1 football budget in League 2 and it was implied by Tom Gorringe that this would be increased for 22/23 by the amount the central payment funding increased. Sure enough we made some expensive signings, Rossiter, Connolly, Gibbons, Marquis, Gordon, McCormick and paid loan fees for Gibson, Coburn, Jasper and Thomas. But by the end of September things weren’t going well with home defeats to Lincoln and Accrington meaning Rovers started October at 21st place in the table. In May Tom Gorringe had given away the fact that Eddy Jennings was running the football operation and controlling that budget but not many people heard that podcast so when it was officially announced on September 22nd some were surprised. But for others it only confirmed that B***** had taken over the whole shebang. The topic on here about the new “ Head of Football Operations” makes interesting reading now and many Gasheads seemed quite content that Rovers future had been put in the hands of B***** and Jennings, people with no experience of running a business, and the club itself had nobody with any financial or accounting experience on the payroll. Don’t worry, we are in good hands, Wael has deep pockets, they must have thought. And sure enough a draw at Exeter prompted a new topic “ Have we turned the corner ?” before the team went on a little run, handed a nice contract to Scott Sinclair and finished the month of October in 16th place. But the item in the accounts confirms what some of us thought at the time. Wael’s pockets had holes in them, spending at the club was completely out of control and sooner or later the cash would run out. The item is note 4 on page 17. ” In October 2022 the company sold assets within fixtures and fittings. On the same day the company entered into a lease back arrangement with monthly repayments of £ 3,679.00 plus interest. The company has retained the option to repurchase the assets from the existing owners at the end of the term in October 2027” In other words, to obtain a desperately needed cash injection, Wael put the furniture in hock and the club will be paying the tally man £ 3,679.00 each month for the next five years. It’s like something you would read about in a seedy Victorian novel
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bondigas
Joined: December 2017
Posts: 393
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Post by bondigas on Apr 15, 2024 8:05:09 GMT
I see the holding company Bristol Rovers 1883 Ltd accounts still haven't been filed at Companies House and are shown as overdue fifteen days late so far. Why the delay and what are they frightened of, of course they won't be as abbreviated as BRFC Ltd accounts and probably will reveal a few more little jaffas like the furniture lease back deal.
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Post by russiangas on Apr 15, 2024 15:31:18 GMT
There is a horrible pun about, as the Americans out it, WAQing off there On the subject, I'd be interested in Wael's view of the B***** period now. Can't help wondering if he's learnt a painful lesson, thinks that hindsight isn't helpful as you can only do what you think is best at the time, is glad of the time in the spotlight or a mix/other Wael lives on another planet ampg. An item in the BRFC Ltd 22/23 accounts made me look back to see how Rovers were doing in October 2022. We’d had a League 1 football budget in League 2 and it was implied by Tom Gorringe that this would be increased for 22/23 by the amount the central payment funding increased. Sure enough we made some expensive signings, Rossiter, Connolly, Gibbons, Marquis, Gordon, McCormick and paid loan fees for Gibson, Coburn, Jasper and Thomas. But by the end of September things weren’t going well with home defeats to Lincoln and Accrington meaning Rovers started October at 21st place in the table. In May Tom Gorringe had given away the fact that Eddy Jennings was running the football operation and controlling that budget but not many people heard that podcast so when it was officially announced on September 22nd some were surprised. But for others it only confirmed that B***** had taken over the whole shebang. The topic on here about the new “ Head of Football Operations” makes interesting reading now and many Gasheads seemed quite content that Rovers future had been put in the hands of B***** and Jennings, people with no experience of running a business, and the club itself had nobody with any financial or accounting experience on the payroll. Don’t worry, we are in good hands, Wael has deep pockets, they must have thought. And sure enough a draw at Exeter prompted a new topic “ Have we turned the corner ?” before the team went on a little run, handed a nice contract to Scott Sinclair and finished the month of October in 16th place. But the item in the accounts confirms what some of us thought at the time. Wael’s pockets had holes in them, spending at the club was completely out of control and sooner or later the cash would run out. The item is note 4 on page 17. ” In October 2022 the company sold assets within fixtures and fittings. On the same day the company entered into a lease back arrangement with monthly repayments of £ 3,679.00 plus interest. The company has retained the option to repurchase the assets from the existing owners at the end of the term in October 2027” In other words, to obtain a desperately needed cash injection, Wael put the furniture in hock and the club will be paying the tally man £ 3,679.00 each month for the next five years. It’s like something you would read about in a seedy Victorian novel So have I got this right? Wael basically did the equivalent of taking the clubs furniture to the local cash converters?
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eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,503
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Post by eppinggas on Apr 15, 2024 16:33:28 GMT
Wael lives on another planet ampg. An item in the BRFC Ltd 22/23 accounts made me look back to see how Rovers were doing in October 2022. We’d had a League 1 football budget in League 2 and it was implied by Tom Gorringe that this would be increased for 22/23 by the amount the central payment funding increased. Sure enough we made some expensive signings, Rossiter, Connolly, Gibbons, Marquis, Gordon, McCormick and paid loan fees for Gibson, Coburn, Jasper and Thomas. But by the end of September things weren’t going well with home defeats to Lincoln and Accrington meaning Rovers started October at 21st place in the table. In May Tom Gorringe had given away the fact that Eddy Jennings was running the football operation and controlling that budget but not many people heard that podcast so when it was officially announced on September 22nd some were surprised. But for others it only confirmed that B***** had taken over the whole shebang. The topic on here about the new “ Head of Football Operations” makes interesting reading now and many Gasheads seemed quite content that Rovers future had been put in the hands of B***** and Jennings, people with no experience of running a business, and the club itself had nobody with any financial or accounting experience on the payroll. Don’t worry, we are in good hands, Wael has deep pockets, they must have thought. And sure enough a draw at Exeter prompted a new topic “ Have we turned the corner ?” before the team went on a little run, handed a nice contract to Scott Sinclair and finished the month of October in 16th place. But the item in the accounts confirms what some of us thought at the time. Wael’s pockets had holes in them, spending at the club was completely out of control and sooner or later the cash would run out. The item is note 4 on page 17. ” In October 2022 the company sold assets within fixtures and fittings. On the same day the company entered into a lease back arrangement with monthly repayments of £ 3,679.00 plus interest. The company has retained the option to repurchase the assets from the existing owners at the end of the term in October 2027” In other words, to obtain a desperately needed cash injection, Wael put the furniture in hock and the club will be paying the tally man £ 3,679.00 each month for the next five years. It’s like something you would read about in a seedy Victorian novel So have I got this right? Wael basically did the equivalent of taking the clubs furniture to the local cash converters? So that's 'only' £220k (plus interest) over 5 years. 1. What is the rate of interest on this kind of sale and leaseback - any idea? 2. Does this imply utter desperation in terms of plugging a hole in the cash flow? Still from afar. Continues to shake head.
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Post by swissgas on Apr 15, 2024 16:37:28 GMT
Wael lives on another planet ampg. An item in the BRFC Ltd 22/23 accounts made me look back to see how Rovers were doing in October 2022. We’d had a League 1 football budget in League 2 and it was implied by Tom Gorringe that this would be increased for 22/23 by the amount the central payment funding increased. Sure enough we made some expensive signings, Rossiter, Connolly, Gibbons, Marquis, Gordon, McCormick and paid loan fees for Gibson, Coburn, Jasper and Thomas. But by the end of September things weren’t going well with home defeats to Lincoln and Accrington meaning Rovers started October at 21st place in the table. In May Tom Gorringe had given away the fact that Eddy Jennings was running the football operation and controlling that budget but not many people heard that podcast so when it was officially announced on September 22nd some were surprised. But for others it only confirmed that B***** had taken over the whole shebang. The topic on here about the new “ Head of Football Operations” makes interesting reading now and many Gasheads seemed quite content that Rovers future had been put in the hands of B***** and Jennings, people with no experience of running a business, and the club itself had nobody with any financial or accounting experience on the payroll. Don’t worry, we are in good hands, Wael has deep pockets, they must have thought. And sure enough a draw at Exeter prompted a new topic “ Have we turned the corner ?” before the team went on a little run, handed a nice contract to Scott Sinclair and finished the month of October in 16th place. But the item in the accounts confirms what some of us thought at the time. Wael’s pockets had holes in them, spending at the club was completely out of control and sooner or later the cash would run out. The item is note 4 on page 17. ” In October 2022 the company sold assets within fixtures and fittings. On the same day the company entered into a lease back arrangement with monthly repayments of £ 3,679.00 plus interest. The company has retained the option to repurchase the assets from the existing owners at the end of the term in October 2027” In other words, to obtain a desperately needed cash injection, Wael put the furniture in hock and the club will be paying the tally man £ 3,679.00 each month for the next five years. It’s like something you would read about in a seedy Victorian novel So have I got this right? Wael basically did the equivalent of taking the clubs furniture to the local cash converters? Basically yes, although the staff do still get to use it for the next five years at a cost of £ 3,679.00 per month plus interest.
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Post by a more piratey game on Apr 15, 2024 16:44:03 GMT
Not likely to be sofas
Gym equipment and other Quarters stuff?
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Post by swissgas on Apr 15, 2024 16:59:35 GMT
So have I got this right? Wael basically did the equivalent of taking the clubs furniture to the local cash converters? So that's 'only' £220k (plus interest) over 5 years. 1. What is the rate of interest on this kind of sale and leaseback - any idea? 2. Does this imply utter desperation in terms of plugging a hole in the cash flow? Still from afar. Continues to shake head. It won't be cheap epping. But here's another example of life on the other planet. Dependent on your view of football agents, a currently topical subject, this extract from an article in "Pitchside Monitor" may cause more of the shakes. Pitchside Monitor - Jordan Football - March 6th 2024
In this edition's "Football Talks" segment, LTT Sports engaged in a conversation with Wael Al-Qadi , President of Bristol Rovers Football Club (Official) Al-Qadi's multifaceted engagement in football governance and club ownership positions him as a key figure shaping the trajectory of the sport at both regional and international levels. We asked him a few questions, and here is what he had to say . . . 5) Considering your experience with Bristol Rovers and the broader European football scene How can Jordanian football benefit from adopting professional structures similar to those in the UK, and what role do agents play in advancing players' careers internationally?
Well, the path to elevating Jordanian football lies in embracing a professional structure where club football is managed independently, much like the Premier League model in the UK. This shift is essential for cultivating a league that is not only competitive but also marketable on a global stage. Equally important is the role of agents in this ecosystem. They are the bridge that connects Jordanian talents to opportunities in European clubs. A good agent doesn't just negotiate contracts; they ensure that a player's career trajectory aligns with their potential and the needs of clubs looking for such talents. This necessitates building strong, productive relationships with reputable agencies that understand the intricacies of the international football landscape. It's about more than just moving players; it's about strategic career development and ensuring that Jordanian footballers are placed where they can grow, perform, and ultimately succeed. Perhaps Ghassan Abu Hassan should have had a better agent ?
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Apr 15, 2024 18:16:20 GMT
I'm not sure what that means, but I'm not sure it's... anything.
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warehamgas
Predictions League
Joined: May 2014
Posts: 3,558
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Post by warehamgas on Apr 15, 2024 19:51:32 GMT
I'm not sure what that means, but I'm not sure it's... anything. I’m with you on this one shoveler! But I think it means ‘I agree with having agents who take money out of football clubs to make sure millions of £s go out of the game into the pockets of agents.’ Although my opinion would probably mean that I don’t understand ‘the intricacies of the international football landscape.’ 😉 Looking at the table on the other place it probably explains why we spent £214,359 on agents last year. (Though I guess we have to do it to remain competitive). UTG!
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Apr 15, 2024 20:41:24 GMT
I suspect Al Qadi to be a generally nice (probably somewhat generous, or at least spendthrift) fellow, but he does come across to me as fairly clueless, not at all astute mor trained, rather simply grateful to be aloud to play with the cool kids, at the cool kids games. I can't take him entirely seriously.
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eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,503
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Post by eppinggas on Apr 16, 2024 6:42:24 GMT
I'm not sure what that means, but I'm not sure it's... anything. I'm not sure if it's just a Wael word salad, or an early version of AI, generating gobs**tery.
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bondigas
Joined: December 2017
Posts: 393
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Post by bondigas on Apr 16, 2024 7:26:08 GMT
You do get the feeling he's using the President of BRFC as a football senior administrator credential to enter into a new football role in the middle east region with the backing of a world wide football agency. He has been busy speaking at recent regional football conferences in Eygpt. I'm sure the Al Saeeds will be encouraging him to make this new career step forward.
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Post by a more piratey game on Apr 16, 2024 8:33:06 GMT
I'm not sure what that means, but I'm not sure it's... anything. I'm not sure if it's just a Wael word salad, or an early version of AI, generating gobs**tery. It uses a more complex sentence structure, but makes a lot more sense than 'we'll be in our new stadium in 2 years'. That really was a low But not a low for the club. That, for me, was 'go and choose your seats at Cheltenham'
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Post by a more piratey game on Apr 16, 2024 8:34:44 GMT
You do get the feeling he's using the President of BRFC as a football senior administrator credential to enter into a new football role in the middle east region with the backing of a world wide football agency. He has been busy speaking at recent regional football conferences in Eygpt. I'm sure the Al Saeeds will be encouraging him to make this new career step forward. I think that sort of role might suit him. Nowt wrong with that
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Post by a more piratey game on Apr 19, 2024 10:12:54 GMT
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JeffNZ
Administrator
Jimmy Morgan
Joined: May 2014
Posts: 2,639
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Post by JeffNZ on Apr 19, 2024 11:35:56 GMT
If the UK were akin to North Korea then B***** would have been enjoying the hospitaly of a gulag eons ago.
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bondigas
Joined: December 2017
Posts: 393
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Post by bondigas on Apr 19, 2024 15:43:11 GMT
I think rocket man would have other ideas of what to do with him and it wouldn't be time in a gulag.
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