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Post by blueridge on May 22, 2018 5:16:44 GMT
I wonder if this was the same group of Chinese that were allegedly looking at our Club?
A Hong Kong based group in the entertainment business heve agreed "in principle" to buy Wigan Athletic in a deal worth £22 million. The deal is agreed in principle and followed "several months of discussions, negotiations and due diligence". It added that " investment in the playing staff was central to its business plan"
£22m doesn't seem a lot for a stadium like Wigan's and its training ground and everything else associated with the club. Presumably the figure also includes the 'debt book'.
Perhaps the ALQ's 'investment' in our club may pay off for them one day!!!
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Post by RD on May 22, 2018 6:57:42 GMT
I wonder who the Americans will buy up?
But who cares when we've got Olufela Olomola
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Post by peterparker on May 22, 2018 7:33:59 GMT
I wonder if we were bought by some rich Chinese and they threw money around whether they would complain or moan that they don't know anything about Rovers
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Post by Hugo the Elder on May 22, 2018 7:34:12 GMT
New owners just round the corner.
Keep the faith.
#ITK
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Post by Henbury Gas on May 22, 2018 7:37:08 GMT
New owners just round the corner. Keep the faith. #ITK I can confirm that I KNOW NOTHING so don't ask
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Post by singupgas on May 22, 2018 7:44:05 GMT
New owners just round the corner. Keep the faith. #ITK As much as Wael is a nice guy, i sort of wish this was true. My expectation since the opening day, where we were told we would be getting a new ground have dropped massively. We got a new tent.
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Post by oldgas on May 22, 2018 7:53:25 GMT
New owners just round the corner. Keep the faith. #ITK #Oh no you're not!
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Post by oldgas on May 22, 2018 8:00:25 GMT
I wonder if this was the same group of Chinese that were allegedly looking at our Club? A Hong Kong based group in the entertainment business heve agreed "in principle" to buy Wigan Athletic in a deal worth £22 million. The deal is agreed in principle and followed "several months of discussions, negotiations and due diligence". It added that " investment in the playing staff was central to its business plan" £22m doesn't seem a lot for a stadium like Wigan's and its training ground and everything else associated with the club. Presumably the figure also includes the 'debt book'. Perhaps the ALQ's 'investment' in our club may pay off for them one day!!! I doubt these Chinese investors were ever interested in buying Rovers. Which club would you be more likely to buy:- One that only has one other competitor within 40 miles, is based in one of the core cities, has a large, latent fan base? Or a club in a bleak northern town, surrounded by footballing Giants and with a very limited fan base, that only reached an average of 15 or 16 thousand, even when the team were Premier League and FA cup winners? Nope, got me baffled as well. These Chinese are certainly inscrutable.
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Post by gasandelectricity on May 22, 2018 8:03:04 GMT
I wonder if this was the same group of Chinese that were allegedly looking at our Club? A Hong Kong based group in the entertainment business heve agreed "in principle" to buy Wigan Athletic in a deal worth £22 million. The deal is agreed in principle and followed "several months of discussions, negotiations and due diligence". It added that " investment in the playing staff was central to its business plan" £22m doesn't seem a lot for a stadium like Wigan's and its training ground and everything else associated with the club. Presumably the figure also includes the 'debt book'. Perhaps the ALQ's 'investment' in our club may pay off for them one day!!! I doubt these Chinese investors were ever interested in buying Rovers. Which club would you be more likely to buy:- One that only has one other competitor within 40 miles, is based in one of the core cities, has a large, latent fan base? Or a club in a bleak northern town, surrounded by footballing Giants and with a very limited fan base, that only reached an average of 15 or 16 thousand, even when the team were Premier League and FA cup winners? Nope, got me baffled as well. These Chinese are certainly inscrutable. Simples. They waz in the premier league they were. That association can change a club forever.
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Post by Severncider on May 22, 2018 8:32:02 GMT
New owners just round the corner. Keep the faith. #ITK I can confirm that I KNOW NOTHING so don't ask Know nothing about what?
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Post by Henbury Gas on May 22, 2018 8:35:40 GMT
I can confirm that I KNOW NOTHING so don't ask Know nothing about what? I Know Nothing about Nothing so thats makes it True
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Post by blueridge on May 22, 2018 9:51:07 GMT
I wonder if this was the same group of Chinese that were allegedly looking at our Club? A Hong Kong based group in the entertainment business heve agreed "in principle" to buy Wigan Athletic in a deal worth £22 million. The deal is agreed in principle and followed "several months of discussions, negotiations and due diligence". It added that " investment in the playing staff was central to its business plan" £22m doesn't seem a lot for a stadium like Wigan's and its training ground and everything else associated with the club. Presumably the figure also includes the 'debt book'. Perhaps the ALQ's 'investment' in our club may pay off for them one day!!! I doubt these Chinese investors were ever interested in buying Rovers. Which club would you be more likely to buy:- One that only has one other competitor within 40 miles, is based in one of the core cities, has a large, latent fan base? Or a club in a bleak northern town, surrounded by footballing Giants and with a very limited fan base, that only reached an average of 15 or 16 thousand, even when the team were Premier League and FA cup winners? Nope, got me baffled as well. These Chinese are certainly inscrutable. I guess the difference being - they might have bought Rovers for £10m but would need to spend another £40m to bring us up to at least the package Wigan had on offer. The DW stadium cost the best part of £30m nearly twenty years ago. The Chinese will surely use the stadium as a revenue stream - a casino maybe? Still can't understand why Invetment Bankers bought our club - I can't believe they were 'gullible' enough to take in what was apparently on the table after presumably some form of due diligence exercise. Bet they wish they hadn't with hindsight. Plymouth are pushing ahead with their stadium redevelopment - looks impressive.
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Post by Severncider on May 22, 2018 9:56:43 GMT
I doubt these Chinese investors were ever interested in buying Rovers. Which club would you be more likely to buy:- One that only has one other competitor within 40 miles, is based in one of the core cities, has a large, latent fan base? Or a club in a bleak northern town, surrounded by footballing Giants and with a very limited fan base, that only reached an average of 15 or 16 thousand, even when the team were Premier League and FA cup winners? Nope, got me baffled as well. These Chinese are certainly inscrutable. I guess the difference being - they might have bought Rovers for £10m but would need to spend another £40m to bring us up to at least the package Wigan had on offer. The DW stadium cost the best part of £30m nearly twenty years ago. The Chinese will surely use the stadium as a revenue stream - a casino maybe? Still can't understand why Invetment Bankers bought our club - I can't believe they were 'gullible' enough to take in what was apparently on the table after presumably some form of due diligence exercise. Bet they wish they hadn't with hindsight. Plymouth are pushing ahead with their stadium redevelopment - looks impressive.
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Post by daniel300380 on May 22, 2018 10:02:52 GMT
I doubt these Chinese investors were ever interested in buying Rovers. Which club would you be more likely to buy:- One that only has one other competitor within 40 miles, is based in one of the core cities, has a large, latent fan base? Or a club in a bleak northern town, surrounded by footballing Giants and with a very limited fan base, that only reached an average of 15 or 16 thousand, even when the team were Premier League and FA cup winners? Nope, got me baffled as well. These Chinese are certainly inscrutable. I guess the difference being - they might have bought Rovers for £10m but would need to spend another £40m to bring us up to at least the package Wigan had on offer. The DW stadium cost the best part of £30m nearly twenty years ago. The Chinese will surely use the stadium as a revenue stream - a casino maybe? Still can't understand why Invetment Bankers bought our club - I can't believe they were 'gullible' enough to take in what was apparently on the table after presumably some form of due diligence exercise. Bet they wish they hadn't with hindsight. Plymouth are pushing ahead with their stadium redevelopment - looks impressive. They are building the new grandstand. The cost is only £5 million though, so doubt it will be that impressive, comparing it to other stadiums, like our neighbours unfortunately and one of the directors funded that. How long did it take them to build a £5 million stand? Been like it is now for years. The other projects look impressive, but they still need about £30 million to build them. Not football related, but if they go ahead, they will bring other revenue into the club. I think that's why ours is taking so long. Looking at other schemes, to bring money in. Plymouth are building ice rinks and other facilities, that will be used all year round. If they can raise the money.
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Post by peterparker on May 22, 2018 10:11:40 GMT
I guess the difference being - they might have bought Rovers for £10m but would need to spend another £40m to bring us up to at least the package Wigan had on offer. The DW stadium cost the best part of £30m nearly twenty years ago. The Chinese will surely use the stadium as a revenue stream - a casino maybe? Still can't understand why Invetment Bankers bought our club - I can't believe they were 'gullible' enough to take in what was apparently on the table after presumably some form of due diligence exercise. Bet they wish they hadn't with hindsight. Plymouth are pushing ahead with their stadium redevelopment - looks impressive. They are building the new grandstand. The cost is only £5 million though, so doubt it will be that impressive, comparing it to other stadiums, like our neighbours unfortunately and one of the directors funded that. How long did it take them to build a £5 million stand? Been like it is now for years. The other projects look impressive, but they still need about £30 million to build them. Not football related, but if they go ahead, they will bring other revenue into the club. I think that's why ours is taking so long. Looking at other schemes, to bring money in. Plymouth are building ice rinks and other facilities, that will be used all year round. If they can raise the money. indeed. look at Exeter. People going on about how are they managing it. That project goes back to 2006 and the council are paying for it, by selling land they own, but the Al-Qadi's should have built Uwe and/or something else by now apparently
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Post by daniel300380 on May 22, 2018 10:23:33 GMT
They are building the new grandstand. The cost is only £5 million though, so doubt it will be that impressive, comparing it to other stadiums, like our neighbours unfortunately and one of the directors funded that. How long did it take them to build a £5 million stand? Been like it is now for years. The other projects look impressive, but they still need about £30 million to build them. Not football related, but if they go ahead, they will bring other revenue into the club. I think that's why ours is taking so long. Looking at other schemes, to bring money in. Plymouth are building ice rinks and other facilities, that will be used all year round. If they can raise the money. indeed. look at Exeter. People going on about how are they managing it. That project goes back to 2006 and the council are paying for it, by selling land they own, but the Al-Qadi's should have built Uwe and/or something else by now apparently Exactly if they are doing things properly and looking at alternative sites. Looking at other facilities to bring in money, whether it's hotels, housing or similar to plymouths, I wouldn't expect to hear anything for a while yet. That will take years to plan, they haven't had enough time yet. Plymouth had a different plan approved, that they never built. Then then replanned it. It's been going on for years. By father in law was a big Plymouth fan, he sadly passed away 5 years ago and it was going on before then. Most of our fans think they have had enough time. They have had no way near enough time yet.
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pirate
Forum Legend
Posts: 18,864
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Post by pirate on May 22, 2018 10:24:57 GMT
I guess the difference being - they might have bought Rovers for £10m but would need to spend another £40m to bring us up to at least the package Wigan had on offer. The DW stadium cost the best part of £30m nearly twenty years ago. The Chinese will surely use the stadium as a revenue stream - a casino maybe? Still can't understand why Invetment Bankers bought our club - I can't believe they were 'gullible' enough to take in what was apparently on the table after presumably some form of due diligence exercise. Bet they wish they hadn't with hindsight. Plymouth are pushing ahead with their stadium redevelopment - looks impressive. They are building the new grandstand. The cost is only £5 million though, so doubt it will be that impressive, comparing it to other stadiums, like our neighbours unfortunately and one of the directors funded that. How long did it take them to build a £5 million stand? Been like it is now for years. The other projects look impressive, but they still need about £30 million to build them. Not football related, but if they go ahead, they will bring other revenue into the club. I think that's why ours is taking so long. Looking at other schemes, to bring money in. Plymouth are building ice rinks and other facilities, that will be used all year round. If they can raise the money. Plymouth's ground looks fantastic compared to what it looked like before the 2001 renovations. Fair play to them for also building a new grandstand. Even their rivals Exeter are building a new stand. Meanwhile, we get another f**king tent. New grandstand
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Post by peterparker on May 22, 2018 10:40:16 GMT
They are building the new grandstand. The cost is only £5 million though, so doubt it will be that impressive, comparing it to other stadiums, like our neighbours unfortunately and one of the directors funded that. How long did it take them to build a £5 million stand? Been like it is now for years. The other projects look impressive, but they still need about £30 million to build them. Not football related, but if they go ahead, they will bring other revenue into the club. I think that's why ours is taking so long. Looking at other schemes, to bring money in. Plymouth are building ice rinks and other facilities, that will be used all year round. If they can raise the money. Plymouth's ground looks fantastic compared to what it looked like before the 2001 renovations. Fair play to them for also building a new grandstand. Even their rivals Exeter are building a new stand. Meanwhile, we get another f**king tent. New grandstand Exeter are building a new stand as the council are paying
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Post by daniel300380 on May 22, 2018 10:50:02 GMT
They are building the new grandstand. The cost is only £5 million though, so doubt it will be that impressive, comparing it to other stadiums, like our neighbours unfortunately and one of the directors funded that. How long did it take them to build a £5 million stand? Been like it is now for years. The other projects look impressive, but they still need about £30 million to build them. Not football related, but if they go ahead, they will bring other revenue into the club. I think that's why ours is taking so long. Looking at other schemes, to bring money in. Plymouth are building ice rinks and other facilities, that will be used all year round. If they can raise the money. Plymouth's ground looks fantastic compared to what it looked like before the 2001 renovations. Fair play to them for also building a new grandstand. Even their rivals Exeter are building a new stand. Meanwhile, we get another f**king tent. New grandstand Key point of your post, 2001!!! How long have the board had since Uwe collapsed? Not quite 17 years yet??
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Post by daniel300380 on May 22, 2018 10:52:46 GMT
Plymouth's ground looks fantastic compared to what it looked like before the 2001 renovations. Fair play to them for also building a new grandstand. Even their rivals Exeter are building a new stand. Meanwhile, we get another f**king tent. New grandstand Key point of your post, 2001!!! How long have the board had since Uwe collapsed? Not quite 17 years yet?? Plus the tent is a temporary fix, what they didn't need to do. But they listened to fans with families and provided a quick fix to there being no family seating area. Not going to build a proper stand, until we get proper plans.
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