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Post by Officer Barbrady on Nov 15, 2017 12:45:40 GMT
It was a guess
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Post by Topper Gas on Nov 15, 2017 13:13:04 GMT
Can we rename this tread The New (Old) Beginning please Can anybody answer me a simple question please ? Why would anybody want to invest £m's in Bristol Rovers with little or no hope of ever getting their Money back ? Excellent question Henbury, one some of us have been asking about the Al Qs for a long time. Don't hold your breath for an answer as there never has been one. PS posters also get very defensive when you ask that question 😉 I guess that begs the question if the ALQ's knew they were unlikely to get their money back they may have actually got involved due to Wael's fondness of football rather than just to make a quick profit? I can't honestly see spending £1m+ buying the ground at Almondsbury was done for anything other than footballing reasons, unless they have a cunning plan to somehow make a profit out of a piece of Green Belt land nobody else has managed in decades.
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Post by yattongas on Nov 15, 2017 13:33:52 GMT
Complete load of rubbish if you ask me. Can't see it happening in a million years even if it was true..... Which I don't think it is.
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Post by pirate49 on Nov 15, 2017 13:51:28 GMT
I don't know about the landing lights being on; seems more like crouch forward and the lifebelts are situated here, here and here.
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Post by Deleted on Nov 15, 2017 14:08:37 GMT
gasincider Just wondered why Chris Jelf would be seen as the "acceptable face" of the old board? He wasn't seen at The Mem for months when we were sailing down the Swanee, and is surely as culpable as the rest of them.
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Post by pucklegas on Nov 15, 2017 14:21:07 GMT
I don’t see making this public helps anyone here, just goes to destabilise our situation, what if Wael is reading this and thinks do I want all this turmoil in my life. If they come out and say this is b#### fans will say they would say that anyway, so we just have to hold on for the bumpy ride. As Tilly said Chris missed a lot of our games, so why would he want to enter the fray again. Agree with Peter Parker, Geoff would have been good to get back, as he could see a future at the UWE with a few tweaks, sadly now not an option. I don’t know what to believe anymore.
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Post by Dirt Dogg on Nov 15, 2017 14:23:24 GMT
Hopefully Higgsy can sort out watertight contracts with Fence builders!
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Post by Colyton Gas on Nov 15, 2017 14:24:23 GMT
Marshy,will be in Duke of York Sat wearing my forum T shirt so you can have your birthday beer. I take it you mean the Duke of York in Staff Staff? No Horfield.Formerley Glos Arms.Lot easier to get served than Welly.Might even be called THE CRAFTY COW now. Attachments:
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Post by madgas on Nov 15, 2017 14:28:04 GMT
Gasincider has said that he goes to every away game. Fair, good effort.
But In that event, he’s stood with Wael on no fewer than 4 occasions. There is a strong likelihood that he will stand with him again before Christmas. Why wouldn’t you run this by him, before sharing you’re own guess work.
Having spoken to NH’s before the season, he detailed how he was enjoying being a fan again. But hey, that’s what he said. Probably keeping unknown Far East takeover quiet....
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Post by Severncider on Nov 15, 2017 14:39:43 GMT
Trying to figure out how they developed the Club previously? Can anyone offer up their achievements? Got to be Santa's grotto...... This years Santa's Grotto preview:-
Santa's Grotto
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Post by Henbury Gas on Nov 15, 2017 14:49:25 GMT
Got to be Santa's grotto...... This years Santa's Grotto preview:-
Santa's Grotto
Wow we have gone all Posh ! I can see Tom Charging double for that
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Post by Deleted on Nov 15, 2017 14:50:53 GMT
The level of rumour, passing remarks from those ITK and the silence from owners convince me that something is going on and the developments we were promised are not going to happen anythime soon as the current owners tigten the purse strings.
I'm not sure what has happened in the last year but something definately seems to have changed in the mind-set of our owners. It's seems pretty clear that purse strings have tightened and we face a wall of silence that just causes speculatuion.
What I don't understand is surely the Al Quadis knew the costs of running and developing a football club when they bought it, so what has changed? The only explanation I can see is that they thought UWE was a better deal than it proved to be. My guess is that now UWE is off the table to them the changes of operating at a sustantable level, which was there objective from day one, has now gone. I think they realise it will cost them a £1 million plus a year just to maintain the club even at it's present level. That is not a sustainable option for the family and hence I think the door must be at least ajar for a take-over.
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Post by Henbury Gas on Nov 15, 2017 14:54:04 GMT
The level of rumour, passing remarks from those ITK and the silence from owners convince me that something is going on and the developments we were promised are not going to happen anythime soon as the current owners tigten the purse strings. I'm not sure what has happened in the last year but something definately seems to have changed in the mind-set of our owners. It's seems pretty clear that purse strings have tightened and we face a wall of silence that just causes speculatuion. What I don't understand is surely the Al Quadis knew the costs of running and developing a football club when they bought it, so what has changed? The only explanation I can see is that they thought UWE was a better deal than it proved to be. My guess is that know UWE iss off the table to them the changes of operating at a sustantable level, which was there objective from day one, has now gone. I think they realise it will cost them a £1 million plus a year just to maintain the club even at it's present level. That is not a sustainable option for the family and hence I think the door must be at least ajar for a take-over. I ask again,Why would anybody want to invest £m's in Bristol Rovers with little or no hope of ever getting their Money back ? If other "investors" can see a profit, then why can't our current owners ?
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Post by Deleted on Nov 15, 2017 15:04:04 GMT
The level of rumour, passing remarks from those ITK and the silence from owners convince me that something is going on and the developments we were promised are not going to happen anythime soon as the current owners tigten the purse strings. I'm not sure what has happened in the last year but something definately seems to have changed in the mind-set of our owners. It's seems pretty clear that purse strings have tightened and we face a wall of silence that just causes speculatuion. What I don't understand is surely the Al Quadis knew the costs of running and developing a football club when they bought it, so what has changed? The only explanation I can see is that they thought UWE was a better deal than it proved to be. My guess is that know UWE iss off the table to them the changes of operating at a sustantable level, which was there objective from day one, has now gone. I think they realise it will cost them a £1 million plus a year just to maintain the club even at it's present level. That is not a sustainable option for the family and hence I think the door must be at least ajar for a take-over. I ask again,Why would anybody want to invest £m's in Bristol Rovers with little or no hope of ever getting their Money back ? If other "investors" can see a profit, then why can't our current owners ? Different investors will take different views on what level of risk they are willing to take, there might also be room to further negotiate a deal with UWE who suggested the door was still open. Ware, for example, has close contacts with UWE and might have other options to put forward. What's becomming clear to me is that different investors take different views and unless someone steps in the sustainability of the club in the medium term is questionable. I don't think the current level of uncertainty is good for anyone and I must say I'm tempted to watch local football instead and get away from the stress of it all.
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Post by Hugo the Elder on Nov 15, 2017 15:18:30 GMT
I ask again,Why would anybody want to invest £m's in Bristol Rovers with little or no hope of ever getting their Money back ? If other "investors" can see a profit, then why can't our current owners ? Different investors will take different views on what level of risk they are willing to take, there might also be room to further negotiate a deal with UWE who suggested the door was still open. Ware, for example, has close contacts with UWE and might have other options to put forward. What's becomming clear to me is that different investors take different views and unless someone steps in the sustainability of the club in the medium term is questionable. I don't think the current level of uncertainty is good for anyone and I must say I'm tempted to watch local football instead and get away from the stress of it all. I can't wait until my lad switches from Sunday football to Saturday games.
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Post by knowall on Nov 15, 2017 15:56:25 GMT
The level of rumour, passing remarks from those ITK and the silence from owners convince me that something is going on and the developments we were promised are not going to happen anythime soon as the current owners tigten the purse strings. I'm not sure what has happened in the last year but something definately seems to have changed in the mind-set of our owners. It's seems pretty clear that purse strings have tightened and we face a wall of silence that just causes speculatuion. What I don't understand is surely the Al Quadis knew the costs of running and developing a football club when they bought it, so what has changed? The only explanation I can see is that they thought UWE was a better deal than it proved to be. My guess is that now UWE is off the table to them the changes of operating at a sustantable level, which was there objective from day one, has now gone. I think they realise it will cost them a £1 million plus a year just to maintain the club even at it's present level. That is not a sustainable option for the family and hence I think the door must be at least ajar for a take-over. What has changed maybe the flexibility of UWE - according to reports the Al-Qadi family had hoped to include a hotel in their plans which for them would have made the deal more sustainable - the fear for Ware & Co (or any other body) would be if bankers don't like the sums is the project feasible? - and the fear for us supporters is we were on the edge of extinction two years ago - who is best placed to avoid that scenario in the future?
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Post by Topper Gas on Nov 15, 2017 16:35:12 GMT
The level of rumour, passing remarks from those ITK and the silence from owners convince me that something is going on and the developments we were promised are not going to happen anythime soon as the current owners tigten the purse strings. I'm not sure what has happened in the last year but something definately seems to have changed in the mind-set of our owners. It's seems pretty clear that purse strings have tightened and we face a wall of silence that just causes speculatuion. What I don't understand is surely the Al Quadis knew the costs of running and developing a football club when they bought it, so what has changed? The only explanation I can see is that they thought UWE was a better deal than it proved to be. My guess is that now UWE is off the table to them the changes of operating at a sustantable level, which was there objective from day one, has now gone. I think they realise it will cost them a £1 million plus a year just to maintain the club even at it's present level. That is not a sustainable option for the family and hence I think the door must be at least ajar for a take-over. What has changed maybe the flexibility of UWE - according to reports the Al-Qadi family had hoped to include a hotel in their plans which for them would have made the deal more sustainable - the fear for Ware & Co (or any other body) would be if bankers don't like the sums is the project feasible? - and the fear for us supporters is we were on the edge of extinction two years ago - w ho is best placed to avoid that scenario in the future?Not sure TBH, wealthy foreign owners who can just disappear if it all goes Pete Tong or local less wealthy owners who still have to face Gasheads possibly on a daily basis? As far as the above poster mentioning CJ hardly watched Rovers in his last season interestingly Gasincider kept a log of that for the forum: gaschat.co.uk/thread/3040/directors-watch-end-regular-seasonI assumed lost interest in Rovers once Smithy left and took his daughter with him and CJ moved away form Bristol.
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Post by nickchippenhamgas on Nov 15, 2017 16:38:35 GMT
Let’s talk about football. England 0 - 0 Germany England 0 - 0 Brazil Much more interesting than this thread! 😃 When it counts in World Cup finals: either Germany 4 England 0 or they beat us on pens!! Brazil beat us by the odd goal and we miss 10 sitters!!
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Post by swissgas on Nov 15, 2017 16:46:44 GMT
The level of rumour, passing remarks from those ITK and the silence from owners convince me that something is going on and the developments we were promised are not going to happen anythime soon as the current owners tigten the purse strings. I'm not sure what has happened in the last year but something definately seems to have changed in the mind-set of our owners. It's seems pretty clear that purse strings have tightened and we face a wall of silence that just causes speculatuion. What I don't understand is surely the Al Quadis knew the costs of running and developing a football club when they bought it, so what has changed? The only explanation I can see is that they thought UWE was a better deal than it proved to be. My guess is that know UWE iss off the table to them the changes of operating at a sustantable level, which was there objective from day one, has now gone. I think they realise it will cost them a £1 million plus a year just to maintain the club even at it's present level. That is not a sustainable option for the family and hence I think the door must be at least ajar for a take-over. I ask again,Why would anybody want to invest £m's in Bristol Rovers with little or no hope of ever getting their Money back ? If other "investors" can see a profit, then why can't our current owners ? It goes back to my posts from a few months back and how you define the term investor in the football business. Most people view it in monetary terms and think of % returns on sums of money but the primary purpose of any investment is to achieve a goal and that goal is not always expressed in monetary terms. You invest in a house and the primary goal is to provide a home for your family with any financial gain when you sell it an extra benefit. You invest in a racehorse with the primary goal of getting the thrill of seeing your horse win and if it happens to be a Derby winner and is sold for tens of millions that's an extra benefit. The goal of investing in football clubs is primarily to provide the satisfaction of competing and winning in a high profile arena and that is what attracts people not the prospect of monetary gain. But when you invest in anything you have to be able to afford the running costs which go along with the investment. When you buy a home you have to pay to maintain it and keep up with all the utility costs etc. When you buy a horse you have to pay the training and vet's bills etc. And it's the same with a football club you have to be prepared to pay the running costs and if you aren't prepared or able to pay them then you shouldn't invest. Wael gave the game away very early on when in a magazine interview he talked about the "amazing deal" they had achieved and how they acquired Rovers through "debt absorption". But it wasn't until the accounts were published and then the charge over the Mem was revealed that I fully realized what had happened. One of the reasons it struck home so hard to me was because I am probably one of the few posters on here who has actually acquired a company by refinancing it's own assets and so I know how that works. And I know that when those deals go wrong people get hurt. Our best hope now is that a serious investor (gambler) can be found to put a substantial amount of equity into Rovers to enable us to redevelop the Mem or build a new stadium. I posted previously about the best source of high risk equity investment being the Far East and if Ed Ware has found someone there then to me that is positive. But, like a few others I suspect, the mechanisms for getting Rovers out of the current situation go round and around in my head and I keep coming back to the same conclusion. That with £10 + million owed to the Al-Qadi family and with the minimum spend needed being £20 million on stadium redevelopment the sums don't add up when you compare what a potential investor would find at other football league clubs. The only way I can see an outside investor being persuaded to come in is for the family to capitalise their loan and reduce their shareholding to allow the new majority shareholder to take control.
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Post by Deleted on Nov 15, 2017 16:54:11 GMT
There is a phrase in football "never go back" and in the majority of cases this is good advice.
Would I be happy with a return to the previous board ?.....absolutely not.
They had their chance and successfully took the club into non league football ,made fools of themselves over the Sainsburys shananigans .
Why don't they try Mangotsfield united or Bristol manor farm instead.
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