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Post by Deleted on Aug 2, 2017 23:43:40 GMT
The Wael family looking to get out while they can possibly. I have to say i'm yet to be convinced by Wael and co and this has been my position ever since they came in. Well i have been critical of wael in the past in particular over last seasons pre-season recruitment although that was not appreciated on here much. But why would he pay possibly about 400-450k on sercombe/nicholls and extend the managers contract as well as other staff appointments if he wants out? I think a lot was riding on the UWE stadium for Wael and family. Maybe it was only finally decided over the last week or so, but its strange this came out when club information has been so closely kept in-house since they took over. Lets face it, £400-500k is not a lot to lose in the grand scheme of things
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Post by Cosmic Pasty on Aug 2, 2017 23:44:01 GMT
I'm hoping not, but I'm a teeny bit concerned by the club's decision to put out a statement regarding the stadium at eleven o'clock at night in an apparent attempt to squash the Chris Brown 'bad news' rumours, when up until now they've always responded in their own good time, if at all. The rush to point us in the direction of the stadium news does make me wonder a bit if an attempt is being made to divert everyone from some of the even worse speculation that was going on. Yeah I feel the guys FB post sounded a lot worse than the club have revealed. Something in me just feels there may be a part 2 to all this. I was half-hoping that there would be a rash of posts from alleged 'in the knows' telling me that there was no cause for concern. I can't remember who claimed that the older Al Qadi brother had said 'Right, no more money', but I'm fairly sure that it was Chris Brown himself who said that bills weren't being paid. That sort of thing belongs over on the Red side of town. Hopefully the Al Qadis will come up with a way to nail their colours to the mast ASAP that proves they really do see their future with the club because cynical me really, really wants to be proven wrong.
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Post by chippenhamgas on Aug 3, 2017 0:01:21 GMT
Some of us saw this coming months ago. The al quadis are not all they seem. People need to get their heads out of the sand.
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Post by socrates on Aug 3, 2017 0:04:01 GMT
Well i have been critical of wael in the past in particular over last seasons pre-season recruitment although that was not appreciated on here much. But why would he pay possibly about 400-450k on sercombe/nicholls and extend the managers contract as well as other staff appointments if he wants out? I think a lot was riding on the UWE stadium for Wael and family. Maybe it was only finally decided over the last week or so, but its strange this came out when club information has been so closely kept in-house since they took over. Lets face it, £400-500k is not a lot to lose in the grand scheme of things Wael hasn't lost that money he's put it in to the club along with lots of other money to bring our club forward both on and off the pitch. The UWE is dead and thats because Wael has pulled out because he knows a crap deal when he sees one.
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pirate
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Post by pirate on Aug 3, 2017 0:04:39 GMT
Well i have been critical of wael in the past in particular over last seasons pre-season recruitment although that was not appreciated on here much. But why would he pay possibly about 400-450k on sercombe/nicholls and extend the managers contract as well as other staff appointments if he wants out? Lets face it, £400-500k is not a lot to lose in the grand scheme of things We did receive £300k for Taylor and also a rumoured £300k for the Chelsea match, money presumably not budgeted for at the start of last season. How much have the Al-Qadi's actually put in again?
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Post by socrates on Aug 3, 2017 0:06:41 GMT
Some of us saw this coming months ago. The al quadis are not all they seem. People need to get their heads out of the sand. Not all They seem ? They come across as very good businessmen who aren't about to sail one of their businesses down the river because of some crackpot deal a previous owner of that business had. Maybe you should go and support Coventry for a season and see what's happened there. As for seeing it coming months ago it was obvious speaking and listening to Wael that the deal Higgs had with UWE wasn't in the best interests of the club, I thought that was the case even before Wael bought the club. I had to walk out of a box when he walked in spouting his arrogant tripe about the new stadium well before Wael arrived because it made me feel sick and I honestly thought I'd say something that would get me banned.
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Post by axegas on Aug 3, 2017 0:09:47 GMT
Some of us saw this coming months ago. The al quadis are not all they seem. People need to get their heads out of the sand. This is positive news as it means we've dodged a bad deal, don't fool yourself.
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Post by socrates on Aug 3, 2017 0:11:35 GMT
Some of us saw this coming months ago. The al quadis are not all they seem. People need to get their heads out of the sand. This is positive news as it means we've dodged a bad deal, don't fool yourself. Totally agree.
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Post by socrates on Aug 3, 2017 0:44:23 GMT
Lets face it, £400-500k is not a lot to lose in the grand scheme of things We did receive £300k for Taylor and also a rumoured £300k for the Chelsea match, money presumably not budgeted for at the start of last season. How much have the Al-Qadi's actually put in again? If they weren't here we wouldn't have a new pitch we wouldn't have DC we wouldn't have Bodin we wouldn't have purchased a new site for our training ground we probably would be building a stadium on someone else's land that we wouldn't own. What did the Romans ever do for us eh ?
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Deleted
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Post by Deleted on Aug 3, 2017 0:46:25 GMT
Well i have been critical of wael in the past in particular over last seasons pre-season recruitment although that was not appreciated on here much. But why would he pay possibly about 400-450k on sercombe/nicholls and extend the managers contract as well as other staff appointments if he wants out? I think a lot was riding on the UWE stadium for Wael and family. Maybe it was only finally decided over the last week or so, but its strange this came out when club information has been so closely kept in-house since they took over. Lets face it, £400-500k is not a lot to lose in the grand scheme of things Im holding out and believing that the uwe deal wasnt right for the club but i can well understand that people have doubts
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pirate
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Post by pirate on Aug 3, 2017 1:13:45 GMT
We did receive £300k for Taylor and also a rumoured £300k for the Chelsea match, money presumably not budgeted for at the start of last season. How much have the Al-Qadi's actually put in again? If they weren't here we wouldn't have a new pitch we wouldn't have DC we wouldn't have Bodin we wouldn't have purchased a new site for our training ground we probably would be building a stadium on someone else's land that we wouldn't own. What did the Romans ever do for us eh ? The last pitch was good enough, DC was here before the owners, Bodin was here before the owners and can start negotiating to leave on a free in six months, Stadium announed dead in the water in a hastily arranged 11pm statement after rumours on Facebook, what is the latest with the training ground again?
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Post by BishopstonBRFC on Aug 3, 2017 1:34:51 GMT
Maybe Wael loved being paraded down Gloucester Road so much he didn't want to leave!
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Post by Deleted on Aug 3, 2017 2:43:03 GMT
Disappointing news but for me not totally unexpected.
My take on this for what it's worth at this ungodly hour!!
The AQ's are minority shareholders in an Investment Bank - part of their portfolio is to offer advice to clients on Merger's & Acquisitions - they have clearly screwed up from their perspective in the takeover of our club. Their due diligence failed them this time. They are as stated an Investment Bank and our club will no longer be seen as a short/medium term investment which will satisfy the shareholders of the bank. Development of the Memorisl Stadium will not be seen as a viable financial option and any other possible long term development will be seen as a huge financial risk to them. So IMO, in a nutshell, they will be looking to sell the club at the earliest opportunity - what else is in it for them - certainly not Wael's apparent love for the club.
Again, IMO we will now drift into a period of real uncertainty which is very sad after all the hype, expectations and maybe promises that we've had/been given over the last 18 months or so.
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Post by Cosmic Pasty on Aug 3, 2017 3:03:27 GMT
I think a lot was riding on the UWE stadium for Wael and family. Maybe it was only finally decided over the last week or so, but its strange this came out when club information has been so closely kept in-house since they took over. Lets face it, £400-500k is not a lot to lose in the grand scheme of things Wael hasn't lost that money he's put it in to the club along with lots of other money to bring our club forward both on and off the pitch. The UWE is dead and thats because Wael has pulled out because he knows a crap deal when he sees one. I hope you're right, I really do, but all we know is that the parties were unable to agree acceptable terms. Everyone seems to be assuming that we pulled out, but it could just as easily have been UWE who drew a line under it all for whatever reasons. If the Al Qadis were investing in players etc, confident in the belief that UWE would have no choice but to agree to their terms before the deadline and UWE pulled the rug out from under them then we might well have reason to worry. I'm all for keeping your cards close to your chest - it's one of the many things I like about DC - but I hope that tomorrow brings a reassuring word from the top that leaves a bit less room for doubt.
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Post by rovers5charlton5 on Aug 3, 2017 4:48:12 GMT
Some of us saw this coming months ago. The al quadis are not all they seem. People need to get their heads out of the sand. Ted
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Post by Gas Go Marching In on Aug 3, 2017 4:57:23 GMT
I really dread to imagine how some of our older suppporters feel. It is bad enough for myself but it's just another kick in the teeth for the oldies and no doubt will lead to more negativity.
I also feel for DC, trying to build a team and ambitious to move forward. His next few interviews will be interesting. I worry we will lose him. The question is why did he sign the fiver year contract, and what has changed between now and then?
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Post by peterparker on Aug 3, 2017 5:17:27 GMT
Im not saying worse wont come out, but i dont think people can have it every which way. Either the owners have been sitting on the UWE news or they havent? If they have hang long for? You dont authorise the investment in all areas of the club (whether loans or not) in recent months if they new the stadium was a dead duck for that long. Wael is the face of the family and the real interested party in BRFC. Again if Hani is the big money man, why sign off on all this expenditure, if he is the one who was so say negotiating UWE. He would know the real details, so wouldnt exactly be spending the money whilst be fed s*** from others on the team. Ignore the Hamer speak. He is always here to say things. Whatever the negotiating terms, the family and/or Hani would/should have known how close they ever were to a deal, so i dont particularly buy pulling out of the club given their program of 'investment' Hope all is cleared up later regarding the bigger picture. I dont expect much detail re UWE on whether it was costs/leasehold/freehold and I hope it was just kept quiet, whilst over avenues have been explored I dont think anyone is suprised UWE is dead. Nick Higgs legacy stadium is finally trashed after all the s*** to get us to this point. If worse is to come, what have we really lost more than we would have 18 months ago when the old board had no ****g money and the club was dead in the water? Read more: gasheads.org/thread/6616/theories-on#ixzz4ofNa6q7q
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Post by singupgas on Aug 3, 2017 5:32:50 GMT
Wael must come to to front and explain the decision, will understand if the UWEs demand were ridiculous. But saying that, it was always going to pricey, would love to know how much extra they weren't will to spend to push the deal through.
What will be unacceptable for there to be no plan B. We need a new ground, if the family don't want to pay for it then they possibly aren't the ones for the job..As nice of guy Wael is he must deliver a stadium to really make an impression and create a legacy.
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Post by Quartermaster on Aug 3, 2017 5:38:30 GMT
I think a lot was riding on the UWE stadium for Wael and family. Maybe it was only finally decided over the last week or so, but its strange this came out when club information has been so closely kept in-house since they took over. Lets face it, £400-500k is not a lot to lose in the grand scheme of things Im holding out and believing that the uwe deal wasnt right for the club but i can well understand that people have doubts Me too. I think you have to be a certain type of person to believe this is the tip of the iceberg. I guess I'm not naturally that cynical! Life's better believing good things are coming until you know otherwise!
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Post by chippenhamgas on Aug 3, 2017 6:02:17 GMT
Some of us saw this coming months ago. The al quadis are not all they seem. People need to get their heads out of the sand. Ted No, realist, wake up and smell the coffee dumbass, start reading between the lines. About time people starting questioning things a little more. The absolute idiocy of hero worshipping people we barely knew is looking rather silly now.
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