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Post by gasincider on Nov 6, 2017 16:30:35 GMT
Para 1) Why indeed. No logic. Para2) Remember the time line. Their intention was to sell the Mem for housing, because they assumed we would be at the UWE. Para3)They wouldn't, and I've never suggested that. Para4)Agree. Not trying to discredit the family. They have changed their mind. Simples. Only Wael would love to move us forward.Would like to expand on that little nugget please, did that Info come from EW or BSS by chance ? Henbury! You name your source at South Gloucs and I'll name mine at the club.But in answer to your question, No, neither. 2 down 75 to go.
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Post by Deleted on Nov 6, 2017 16:32:13 GMT
A question for Gasincider and his source, why did the ALQ's spend a £1m+ buying the land at Almondsbury if there sole intention was to make a fast buck out of the Mem site? Plus why employee a CE and Academy staff, wouldn't it make more sense to reduce staff numbers. What about the rumoured £500K+ spent on players this summer. Say their sole intention was to sell the site for housing what are they going to do with Rovers, they'll have to find a ground somewhere, AG is out of the question, Twerton not up to holding league football without a big cash injection and there's nowhere else locally suitable. Why would Weal and his family want to tarnish their good name just to make £5m/£10m out of making an English football club homeless. I feel Weal and his family had good intentions when they bought the club, whether they've still got the finance, even motivation, is the big question ex BoD's probably can't answer like the rest of us but there's no need to try and discredit the family, as at least we don't seem to be on the verge of bankruptcy like we were when they were in control of the club. Para 1) Why indeed. No logic. Para2) Remember the time line. Their intention was to sell the Mem for housing, because they assumed we would be at the UWE. Para3)They wouldn't, and I've never suggested that. Para4)Agree. Not trying to discredit the family. They have changed their mind. Simples. Only Wael would love to move us forward. Presumably they bought The Colony land and invested in the Acadamy & Development Squad to support a team they thought at the time would be playing in a Championship standard stadium by the start of 2019/2020 season. Early in the close season (before the demise of UWE) SH was talking about "exciting signings" coming into the club (possibly 10/11) at that time they had visions of building a team ready to challenge for promotion to the Championship. After the 11pm announcement - the exiciting signings all but 'disappeared' and DC was left with the remnants (although Sercombe had already been signed) of the money received from Taylor & Chelsea. From that point on I believe DC was put into an impossible situation in trying to attract good players to the club - previously I reckon he was able to sell the vision - it was compounded further by his budget being curtailed and not being given any more money to attract the players he wanted - in transfer fees and salaries. If UWE was still going ahead it would have been a completely different picture. Significantly since the announcement, The Colony has also been put on hold with little or no capital spend since. i believe a complete reassessment of the situation is now being undertaken by the family and all significant spend is on hold. Wael stated just after the announcement that the money was still in place to regenerate the Mem - frankly I find that statement remarkable after stating quite clearly (previously) they had no Plan B and The Mem was not an option. How could the money still be in place with no business plan or feasibility study undertaken for redeveloping The Mem - incredible statement!!
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Post by gasincider on Nov 6, 2017 16:34:54 GMT
I'm sure that Wael wanted us as we could be a great prospect. When NH brought them in, he was looking for investors. Not a takeover. SH was right. It was the prospect of a potentially decent club being woken up that brought them here. No way would they have bothered with a non league club. Their motives for us have changed. Wael aside, they now realise the costs involved, and are no longer interested. Wouldn't be surprised if they are looking for a buyer 🤐 If Higgs was only looking for investors why was the club for sale? "The club has always been up for sale," admitted Higgs - BBC Sport 20 August 2014. Because just about every club in the league is always up for sale. It's not rocket science. He was gutted to lose control but had no choice in view of the MSP debt.
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Post by gasincider on Nov 6, 2017 16:36:47 GMT
Para 1) Why indeed. No logic. Para2) Remember the time line. Their intention was to sell the Mem for housing, because they assumed we would be at the UWE. Para3)They wouldn't, and I've never suggested that. Para4)Agree. Not trying to discredit the family. They have changed their mind. Simples. Only Wael would love to move us forward. Presumably they bought The Colony land and invested in the Acadamy & Development Squad to support a team they thought at the time would be playing in a Championship standard stadium by the start of 2019/2020 season. Early in the close season (before the demise of UWE) SH was talking about "exciting signings" coming into the club (possibly 10/11) at that time they had visions of building a team ready to challenge for promotion to the Championship. After the 11pm announcement - the exiciting signings all but 'disappeared' and DC was left with the remnants (although Sercombe had already been signed) of the money received from Taylor & Chelsea. From that point on I believe DC was put into an impossible situation in trying to attract good players to the club - previously I reckon he was able to sell the vision - it was compounded further by his budget being curtailed and not being given any more money to attract the players he wanted - in transfer fees and salaries. If UWE was still going ahead it would have been a completely different picture. Significantly since the announcement, The Colony has also been put on hold with little or no capital spend since. i believe a complete reassessment of the situation is now being undertaken by the family and all significant spend is on hold. Wael stated just after the announcement that the money was still in place to regenerate the Mem - frankly I find that statement remarkable after stating quite clearly (previously) they had no Plan B and The Mem was not an option. How could the money still be in place with no business plan or feasibility study undertaken for redeveloping The Mem - incredible statement!! Look out for the flack from the mushrooms.
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Post by LJG on Nov 6, 2017 16:45:30 GMT
If Higgs was only looking for investors why was the club for sale? "The club has always been up for sale," admitted Higgs - BBC Sport 20 August 2014. Because just about every club in the league is always up for sale. It's not rocket science. He was gutted to lose control but had no choice in view of the MSP debt. I'm not talking about every club in the league, just this one. If Higgs said the club was for sale on what basis are you saying it wasn't?
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Post by toddy1953 on Nov 6, 2017 16:45:35 GMT
Para 1) Why indeed. No logic. Para2) Remember the time line. Their intention was to sell the Mem for housing, because they assumed we would be at the UWE. Para3)They wouldn't, and I've never suggested that. Para4)Agree. Not trying to discredit the family. They have changed their mind. Simples. Only Wael would love to move us forward. Presumably they bought The Colony land and invested in the Acadamy & Development Squad to support a team they thought at the time would be playing in a Championship standard stadium by the start of 2019/2020 season. Early in the close season (before the demise of UWE) SH was talking about "exciting signings" coming into the club (possibly 10/11) at that time they had visions of building a team ready to challenge for promotion to the Championship. After the 11pm announcement - the exiciting signings all but 'disappeared' and DC was left with the remnants (although Sercombe had already been signed) of the money received from Taylor & Chelsea. From that point on I believe DC was put into an impossible situation in trying to attract good players to the club - previously I reckon he was able to sell the vision - it was compounded further by his budget being curtailed and not being given any more money to attract the players he wanted - in transfer fees and salaries. If UWE was still going ahead it would have been a completely different picture. Significantly since the announcement, The Colony has also been put on hold with little or no capital spend since. i believe a complete reassessment of the situation is now being undertaken by the family and all significant spend is on hold. Wael stated just after the announcement that the money was still in place to regenerate the Mem - frankly I find that statement remarkable after stating quite clearly (previously) they had no Plan B and The Mem was not an option. How could the money still be in place with no business plan or feasibility study undertaken for redeveloping The Mem - incredible statement!! This & Last paragraph sums up my feeling exactly.
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Post by gasincider on Nov 6, 2017 16:54:01 GMT
Because just about every club in the league is always up for sale. It's not rocket science. He was gutted to lose control but had no choice in view of the MSP debt. I'm not talking about every club in the league, just this one. If Higgs said the club was for sale on what basis are you saying it wasn't? I'm not saying it wasnt. My house is always for sale if the price is right. But I don't want to sell it per se. strikes me you are not very worldly wise LJG. People in a temper often say 'I'm gonna kill him'. Doesn't mean they will. It's an expression. Mind you, having called me a liar before, why bother yourself. I'm only bullsh*tting aren't I?
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Post by toddy1953 on Nov 6, 2017 16:57:50 GMT
There has been several posts suggesting that part of the Colony could be sold for housing development. Now I am not well versed in these matters ( not many that I am if I'm honest) but I don't understand how this could be the case. Who would sell a piece of land for £1m if there was any chance that part / all of it could be sold for development by the new owners, for X profit?
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Post by LJG on Nov 6, 2017 16:58:09 GMT
I'm not talking about every club in the league, just this one. If Higgs said the club was for sale on what basis are you saying it wasn't? I'm not saying it wasnt. My house is always for sale if the price is right. But I don't want to sell it per se. strikes me you are not very worldly wise LJG. People in a temper often say 'I'm gonna kill him'. Doesn't mean they will. It's an expression. Mind you, having called me a liar before, why bother yourself. I'm only bullsh*tting aren't I? Well given that the words of Nick Higgs himself directly contradict what you're claiming it certainly looks that way, yes. NH wasn't saying something rash on the spur of the moment he was doing an interview with the BBC. Just as he wasn't saying something in a temper when he did an interview with Gulf Weekly on 14 January 2015 advertising the club for sale.
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Post by Topper Gas on Nov 6, 2017 18:30:43 GMT
There has been several posts suggesting that part of the Colony could be sold for housing development. Now I am not well versed in these matters ( not many that I am if I'm honest) but I don't understand how this could be the case. Who would sell a piece of land for £1m if there was any chance that part / all of it could be sold for development by the new owners, for X profit? Didn't that rumour originated on the OTIB so god knows if it's true or not, but perhaps SH convinced the seller the club's sole intention was to build a sports complex and they never assumed we'd seek pp for housing so failed to insert a clause allowing them compo?
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Post by Topper Gas on Nov 6, 2017 18:36:48 GMT
Presumably they bought The Colony land and invested in the Acadamy & Development Squad to support a team they thought at the time would be playing in a Championship standard stadium by the start of 2019/2020 season. Early in the close season (before the demise of UWE) SH was talking about "exciting signings" coming into the club (possibly 10/11) at that time they had visions of building a team ready to challenge for promotion to the Championship. After the 11pm announcement - the exiciting signings all but 'disappeared' and DC was left with the remnants (although Sercombe had already been signed) of the money received from Taylor & Chelsea. From that point on I believe DC was put into an impossible situation in trying to attract good players to the club - previously I reckon he was able to sell the vision - it was compounded further by his budget being curtailed and not being given any more money to attract the players he wanted - in transfer fees and salaries. If UWE was still going ahead it would have been a completely different picture. Significantly since the announcement, The Colony has also been put on hold with little or no capital spend since. i believe a complete reassessment of the situation is now being undertaken by the family and all significant spend is on hold. Wael stated just after the announcement that the money was still in place to regenerate the Mem - frankly I find that statement remarkable after stating quite clearly (previously) they had no Plan B and The Mem was not an option. How could the money still be in place with no business plan or feasibility study undertaken for redeveloping The Mem - incredible statement!! This & Last paragraph sums up my feeling exactly. Unless the ALQ's or AJIB intended financing it, then the money will always be available? Why be the majority shareholders in an investment bank and then seek investment elsewhere?
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Post by Deleted on Nov 6, 2017 18:52:42 GMT
This & Last paragraph sums up my feeling exactly. Unless the ALQ's or AJIB intended financing it, then the money will always be available? Why be the majority shareholders in an investment bank and then seek investment elsewhere? Maybe - but don't Investment Bankers use other people's money?
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Post by Topper Gas on Nov 6, 2017 19:44:49 GMT
Unless the ALQ's or AJIB intended financing it, then the money will always be available? Why be the majority shareholders in an investment bank and then seek investment elsewhere? Maybe - but don't Investment Bankers use other people's money? From Wiki: An investment bank is typically a private company that provides various financial-related and other services to individuals, corporations, and governments such as raising financial capital by underwriting or acting as the client's agent in the issuance of securities.
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Post by Deleted on Nov 6, 2017 20:28:38 GMT
Some will, some will be take much longer than initially thought. 1) The ground is a big unknown, it will happen if the will is there. 2) Yes. I expect planning permission to go in soon and signed off by February with the other issues sorted out. 3) It was stated that Category 3 would be the initial plan, Category 2 was always going to be longer term. 4 a) infrastructure being added to, such as coaches, development squad and the appointment of the Commercial Director. 4 b) The team needs quality added, I expect 2 in January. After that it depends on where we are with 1-4a. Why would the ALQ's commit to spending £m's at The Colony but not then proceed to regen in the Mem? Both must surely be linked otherwise they are effectively throwing away £m's of their own money with virtually no chance of getting it back. wheres your evidence of the AlQs committed to spending millions?
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Post by Hugo the Elder on Nov 6, 2017 20:33:08 GMT
Why would the ALQ's commit to spending £m's at The Colony but not then proceed to regen in the Mem? Both must surely be linked otherwise they are effectively throwing away £m's of their own money with virtually no chance of getting it back. wheres your evidence of the AlQs committed to spending millions? Finally. There isn't any! Frustrating isn't it?
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Post by Deleted on Nov 6, 2017 20:33:35 GMT
Para 1) Why indeed. No logic. Para2) Remember the time line. Their intention was to sell the Mem for housing, because they assumed we would be at the UWE. Para3)They wouldn't, and I've never suggested that. Para4)Agree. Not trying to discredit the family. They have changed their mind. Simples. Only Wael would love to move us forward. Presumably they bought The Colony land and invested in the Acadamy & Development Squad to support a team they thought at the time would be playing in a Championship standard stadium by the start of 2019/2020 season. Early in the close season (before the demise of UWE) SH was talking about "exciting signings" coming into the club (possibly 10/11) at that time they had visions of building a team ready to challenge for promotion to the Championship. After the 11pm announcement - the exiciting signings all but 'disappeared' and DC was left with the remnants (although Sercombe had already been signed) of the money received from Taylor & Chelsea. From that point on I believe DC was put into an impossible situation in trying to attract good players to the club - previously I reckon he was able to sell the vision - it was compounded further by his budget being curtailed and not being given any more money to attract the players he wanted - in transfer fees and salaries. If UWE was still going ahead it would have been a completely different picture. Significantly since the announcement, The Colony has also been put on hold with little or no capital spend since. i believe a complete reassessment of the situation is now being undertaken by the family and all significant spend is on hold. Wael stated just after the announcement that the money was still in place to regenerate the Mem - frankly I find that statement remarkable after stating quite clearly (previously) they had no Plan B and The Mem was not an option. How could the money still be in place with no business plan or feasibility study undertaken for redeveloping The Mem - incredible statement!! nail on head
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Post by BishopstonBRFC on Nov 7, 2017 6:05:28 GMT
Why would the ALQ's commit to spending £m's at The Colony but not then proceed to regen in the Mem? Both must surely be linked otherwise they are effectively throwing away £m's of their own money with virtually no chance of getting it back. wheres your evidence of the AlQs committed to spending millions? Please tell me you said this ironically.
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Post by Hugo the Elder on Nov 7, 2017 6:13:45 GMT
wheres your evidence of the AlQs committed to spending millions? Please tell me you said this ironically. In fairness there isn't any evidence that the Mem will be rebuilt or the colony will happen. Just as there is no evidence the AQs want out and are broke.
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Post by LJG on Nov 7, 2017 7:57:04 GMT
Please tell me you said this ironically. In fairness there isn't any evidence that the Mem will be rebuilt or the colony will happen. Just as there is no evidence the AQs want out and are broke. Well not quite no evidence. There's certainly more evidence than there is a lack of. Planning applications. Consultation with local groups.
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Post by Hugo the Elder on Nov 7, 2017 8:06:35 GMT
In fairness there isn't any evidence that the Mem will be rebuilt or the colony will happen. Just as there is no evidence the AQs want out and are broke. Well not quite no evidence. There's certainly more evidence than there is a lack of. Planning applications. Consultation with local groups. I can plan an extension on the back of my house and ask my neighbours if it's ok and in keeping with the area etc. I cant afford an extension.
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