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Post by Deleted on Mar 20, 2018 23:47:27 GMT
1] they paid off the debts of the previous owners including the wonga loan.
2] They bought a great piece of land to develop a training facility.
3] They invested in coaches at various levels of the club.
4] They introduced a development squad as a bridge between academy football and senior football.
5] They got darrell clarke signed up on a 5 year contract.
6] They paid fees for 5 players partington,burn,nichols,mensah and sercombe,only sercombes fee of 150k was disclosed.
7] We now have proper water sprinklers built into the pitch.
8] We have 21 senior pro footballers.
9] we have an electronic scoreboard and other superficial improvements to the ground.
10] were introducing electronic turnstiles.
11] we now have a CEO.
12] We have a statistical analysis [will dubey] .
Question marks?
1]We are losing money.
Most clubs have overall debt,some as high as £100m+ but even so we dont want to be losing money.
2]The charge against the mem,some say totally normal business practise,others think its a sinister threat to the club.
3]But what about the new ground or redeveloped ground?some say give them time,others say nothing will ever happen.
COST OF GETTING A NEW GROUND,TRAINING FACILITY AND PROMOTION WINNING TEAM?
£60-80m maybe? can this be done with our new owners?
YES OF COURSE IT CAN
5 years from now we will be in the championship with a better ground,a great youth set up and a bright future.
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Post by socrates on Mar 21, 2018 0:00:47 GMT
1] they paid off the debts of the previous owners including the wonga loan. 2] They bought a great piece of land to develop a training facility. 3] They invested in coaches at various levels of the club. 4] They introduced a development squad as a bridge between academy football and senior football. 5] They got darrell clarke signed up on a 5 year contract. 6] They paid fees for 5 players partington,burn,nichols,mensah and sercombe,only sercombes fee of 150k was disclosed. 7] We now have proper water sprinklers built into the pitch. 8] We have 21 senior pro footballers. 9] we have an electronic scoreboard and other superficial improvements to the ground. 10] were introducing electronic turnstiles. 11] we now have a CEO. 12] We have a statistical analysis [will dubey] . Question marks? 1]We are losing money. Most clubs have overall debt,some as high as £100m+ but even so we dont want to be losing money. 2]The charge against the mem,some say totally normal business practise,others think its a sinister threat to the club. 3]But what about the new ground or redeveloped ground?some say give them time,others say nothing will ever happen. COST OF GETTING A NEW GROUND,TRAINING FACILITY AND PROMOTION WINNING TEAM? £60-80m maybe? can this be done with our new owners? YES OF COURSE IT CAN 5 years from now we will be in the championship with a better ground,a great youth set up and a bright future. The last bit is a very bold statement I’ll be well happy if it comes true but like I’ve always said I’ll believe it when I see it, your just guessing. |
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Post by Deleted on Mar 21, 2018 1:15:53 GMT
1] they paid off the debts of the previous owners including the wonga loan. 2] They bought a great piece of land to develop a training facility. 3] They invested in coaches at various levels of the club. 4] They introduced a development squad as a bridge between academy football and senior football. 5] They got darrell clarke signed up on a 5 year contract. 6] They paid fees for 5 players partington,burn,nichols,mensah and sercombe,only sercombes fee of 150k was disclosed. 7] We now have proper water sprinklers built into the pitch. 8] We have 21 senior pro footballers. 9] we have an electronic scoreboard and other superficial improvements to the ground. 10] were introducing electronic turnstiles. 11] we now have a CEO. 12] We have a statistical analysis [will dubey] . Question marks? 1]We are losing money. Most clubs have overall debt,some as high as £100m+ but even so we dont want to be losing money. 2]The charge against the mem,some say totally normal business practise,others think its a sinister threat to the club. 3]But what about the new ground or redeveloped ground?some say give them time,others say nothing will ever happen. COST OF GETTING A NEW GROUND,TRAINING FACILITY AND PROMOTION WINNING TEAM? £60-80m maybe? can this be done with our new owners? YES OF COURSE IT CAN 5 years from now we will be in the championship with a better ground,a great youth set up and a bright future. The last bit is a very bold statement I’ll be well happy if it comes true but like I’ve always said I’ll believe it when I see it, your just guessing. Yes of course the last bit was pure optimism but maybe the £60m-80m bit was too much,maybe it could be done for less? Im 59 so unless the club achieves something like its full potential under these owners i dont believe i will ever see a bigger and better bristol rovers. Everything has improved under this regime,in all areas of the club. |
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Post by Deleted on Mar 21, 2018 1:25:22 GMT
They've gave us whale.
He's a lovely bloke. X
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Post by gaslife on Mar 21, 2018 6:52:06 GMT
Cancelled the UWE. Rovers’ last chance (in my lifetime) to compete with BCFC.
When they were allowed to buy the club precisely to do this one thing.
Because of this they do not get my support.
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Post by philbemmygas on Mar 21, 2018 8:18:08 GMT
Cancelled the UWE. Rovers’ last chance (in my lifetime) to compete with BCFC. When they were allowed to buy the club precisely to do this one thing. Because of this they do not get my support. They were "allowed to buy the club"; sorry that is pure male cow poo; they bought it because the previous owner was struggling to make ends meet.  UTG |
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Post by Deleted on Mar 21, 2018 8:25:06 GMT
Cancelled the UWE. Rovers’ last chance (in my lifetime) to compete with BCFC. When they were allowed to buy the club precisely to do this one thing. Because of this they do not get my support. They were "allowed to buy the club"; sorry that is pure male cow poo; they bought it because the previous owner was struggling to make ends meet. UTG They didn’t buy it because Higgs was struggling why would they? |
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Post by yattongas on Mar 21, 2018 8:30:49 GMT
The first 12 months it felt like we’d evoloved to a certain extent . The last 12 months? We’ve stood still or regressed as we had UWE on the horizon and now have nothing tangible stadium wise to look forward to.
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Post by Topper Gas on Mar 21, 2018 8:33:15 GMT
1] they paid off the debts of the previous owners including the wonga loan
Paid off or just transferred them elsewhere?
As far as the new ground there's still no real evidence Wael as any idea where to build a new stadium or how to fund it.
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Post by Henbury Gas on Mar 21, 2018 8:51:23 GMT
1] they paid off the debts of the previous owners including the wonga loan Paid off or just transferred them elsewhere? As far as the new ground there's still no real evidence Wael as any idea where to build a new stadium or how to fund it. If you transfer the debt then you must have paid the original debt off |
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Post by Captain Jayho on Mar 21, 2018 9:51:59 GMT
1] they paid off the debts of the previous owners including the wonga loan Paid off or just transferred them elsewhere? As far as the new ground there's still no real evidence Wael as any idea where to build a new stadium or how to fund it. If you transfer the debt then you must have paid the original debt off That's just semantics though Henbury. We still owe the money, in fact we now owe a lot more than we did under Higgs. The only upside in that area is that we're not paying wonga-esque levels of interest on a portion of it - at this point in time. |
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Post by knowall on Mar 21, 2018 10:06:21 GMT
They were "allowed to buy the club"; sorry that is pure male cow poo; they bought it because the previous owner was struggling to make ends meet. UTG They didn’t buy it because Higgs was struggling why would they? If Higgs and Co had not been struggling the Club would not have been available The Old Board were desperate for someone to buy |
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Post by tommym9 on Mar 21, 2018 10:09:21 GMT
If you transfer the debt then you must have paid the original debt off That's just semantics though Henbury. We still owe the money, in fact we now owe a lot more than we did under Higgs. The only upside in that area is that we're not paying wonga-esque levels of interest on a portion of it - at this point in time. And the loan isn't to Wonga who want it paid back within 24 months putting the club as serious risk of harm. I think we are al underestimating the situation we were in when the ALQs came in. |
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Post by Henbury Gas on Mar 21, 2018 10:14:20 GMT
If you transfer the debt then you must have paid the original debt off That's just semantics though Henbury. We still owe the money, in fact we now owe a lot more than we did under Higgs. The only upside in that area is that we're not paying wonga-esque levels of interest on a portion of it - at this point in time. and we have a lender who may not want to call that loan in anytime soon |
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Post by stuart1974 on Mar 21, 2018 10:22:19 GMT
If you transfer the debt then you must have paid the original debt off That's just semantics though Henbury. We still owe the money, in fact we now owe a lot more than we did under Higgs. The only upside in that area is that we're not paying wonga-esque levels of interest on a portion of it - at this point in time. It is much more than just semantics, it gives the owners full control and not worry about a third party come knocking with a threat of action if we don't service the loan. That is not a trivial thing. |
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Post by Deleted on Mar 21, 2018 10:23:41 GMT
That's just semantics though Henbury. We still owe the money, in fact we now owe a lot more than we did under Higgs. The only upside in that area is that we're not paying wonga-esque levels of interest on a portion of it - at this point in time. and we have a lender who may not want to call that loan in anytime soon And what if he wants to? |
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Post by Henbury Gas on Mar 21, 2018 10:25:26 GMT
and we have a lender who may not want to call that loan in anytime soon And what if he wants to? Then the new owner will pay it off |
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Post by axegas on Mar 21, 2018 10:52:35 GMT
Cancelled the UWE. Rovers’ last chance (in my lifetime) to compete with BCFC. When they were allowed to buy the club precisely to do this one thing. Because of this they do not get my support. Categorically not true. If UWE gave us a bad deal then we couldn't compete with them new stadium or no new stadium. The Al Qadi's ambition ambition is to build infrastructure that increases the revenue for the club and ultimately Dwayne sports and if they think they couldn't do that at UWE but can do that at the mem then they get my support. Don't want a soulless out of town bowl anyway, much prefer Gloucester road on a match day. There is plans for a modern all seater on the site so it is possible to achieve. |
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Post by pucklegas on Mar 21, 2018 10:56:15 GMT
They saved us 😄 we were close to going pop
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Post by gashead1981 on Mar 21, 2018 11:33:07 GMT
1] they paid off the debts of the previous owners including the wonga loan Paid off or just transferred them elsewhere? As far as the new ground there's still no real evidence Wael as any idea where to build a new stadium or how to fund it. If you transfer the debt then you must have paid the original debt off It’s called refinancing or reconsolidating. There was no pay off, we are still in debt and more now than we ever have and we are still paying an interest rate to our owners for the privilege. |
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