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Post by Topper Gas on Jul 10, 2018 15:35:54 GMT
To be clear. I do believe that the current owners have a plan, which most likely involves an exit route. Does that specific belief make me gullible?
I also believe that they are looking for a way out, and have done since the UWE stadium collapsed.
It's the ones that believe Wael has a master plan to move this club forward that I think have blind faith bordering on gullible, but what can we do except sit and see what happens?
If that is the case then why waste their money on the pitch, the bar etc. and employing TW & MS, even the office in London, when they could just plod along until another buyer turns up? |
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Post by lastminutewinner on Jul 10, 2018 15:48:45 GMT
I also believe that they are looking for a way out, and have done since the UWE stadium collapsed.
It's the ones that believe Wael has a master plan to move this club forward that I think have blind faith bordering on gullible, but what can we do except sit and see what happens?
If that is the case then why waste their money on the pitch, the bar etc. and employing TW & MS, even the office in London, when they could just plod along until another buyer turns up?
If I wanted to sell my car I would give it a bloody good wax clean to make it look better than it actually is.
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Post by countygroundhotel on Jul 10, 2018 15:49:05 GMT
I also believe that they are looking for a way out, and have done since the UWE stadium collapsed.
It's the ones that believe Wael has a master plan to move this club forward that I think have blind faith bordering on gullible, but what can we do except sit and see what happens?
Ok ok. You misunderstood me. Any decent investment led business plan has an exit route. But let's leave it there. Let's just hope for a bloody good season😎 Completely agree that any decent investment would have an exit plan (other than going bust and losing everything). So I certainly hope its a decent investment plan but at present there is little evidence to show how they are moving that investment plan along to an exit plan. I am assuming the exit plan isn't to sit here until a really gullible investor comes along willing to offer them a profit on their investment which materially hasn't improved the business. |
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Post by knowall on Jul 10, 2018 16:09:32 GMT
If that is the case then why waste their money on the pitch, the bar etc. and employing TW & MS, even the office in London, when they could just plod along until another buyer turns up?
If I wanted to sell my car I would give it a bloody good wax clean to make it look better than it actually is.
Goodness, your wax cleans cost a small fortune - Have you actually considered how much the family have spent on making the car look better? I don't mean to be rude but have you been in the pub today? |
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Post by lastminutewinner on Jul 10, 2018 16:33:52 GMT
If I wanted to sell my car I would give it a bloody good wax clean to make it look better than it actually is.
Goodness, your wax cleans cost a small fortune - Have you actually considered how much the family have spent on making the car look better? I don't mean to be rude but have you been in the pub today?
What the costs which are offset against the ground?
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Post by Topper Gas on Jul 10, 2018 16:48:49 GMT
Goodness, your wax cleans cost a small fortune - Have you actually considered how much the family have spent on making the car look better? I don't mean to be rude but have you been in the pub today?
What the costs which are offset against the ground?
But the costs still have to be paid upfront and there's no guarantee they will be ever recovered even if the ALQ's ever sell up? I can't see how a better pitch and employing a CEO & HoR will boost the value of the club, not in the short term anyway whilst we remain a Div 1 club. |
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Post by Deleted on Jul 10, 2018 16:52:43 GMT
Ok ok. You misunderstood me. Any decent investment led business plan has an exit route. But let's leave it there. Let's just hope for a bloody good season😎 Completely agree that any decent investment would have an exit plan (other than going bust and losing everything). So I certainly hope its a decent investment plan but at present there is little evidence to show how they are moving that investment plan along to an exit plan. I am assuming the exit plan isn't to sit here until a really gullible investor comes along willing to offer them a profit on their investment which materially hasn't improved the business. I cannot prove it either way, nor can anyone other than those directly involved. I suspect that most of the disquiet is over the lack of investment in fixed assets. But I stress, if they cannot see an exit then they won't do it. Which begs the question why they got involved in the first place. I do not know. But, in the meantime, I am quite enjoying the improvements that have happened, looking forward to enjoying the new facilities this season, really enjoying the continuity on the playing side, alongside the obvious investment in coaching and youth development. Plus, all the debt is internalised, and within their control. What's not to like. |
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Post by lastminutewinner on Jul 10, 2018 17:02:44 GMT
What the costs which are offset against the ground?
But the costs still have to be paid upfront and there's no guarantee they will be ever recovered even if the ALQ's ever sell up? I can't see how a better pitch and employing a CEO & HoR will boost the value of the club, not in the short term anyway whilst we remain a Div 1 club.
Surely though all this is pretty pointless if they cannot deliver either new stadium or a lower scale version of what the teds did to Ashton Gate? Take away the initial lure of the UWE stadium and I cant for the life of me think of anything else that would have made them take over the club. Lansdown can afford to absorb the teds debt long-term. Can Wael and family?
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Post by Big Jock on Jul 10, 2018 17:04:46 GMT
I kinda got used to it years ago, we'll be what we've always been. An in fairness i think many want it that way.
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Post by Topper Gas on Jul 10, 2018 17:08:33 GMT
But the costs still have to be paid upfront and there's no guarantee they will be ever recovered even if the ALQ's ever sell up? I can't see how a better pitch and employing a CEO & HoR will boost the value of the club, not in the short term anyway whilst we remain a Div 1 club.
Surely though all this is pretty pointless if they cannot deliver either new stadium or a lower scale version of what the teds did to Ashton Gate? Take away the initial lure of the UWE stadium and I cant for the life of me think of anything else that would have made them take over the club. Lansdown can afford to absorb the teds debt long-term. Can Wael and family?
Perhaps they think they can so it's not pointless and they are not looking to get out? The fear is that w/o serious investment on the training ground and stadium front there seems a limit on how far DC can take us. On that basis it would have been great if the new CEO had come out and said he was hoping to push through the stadium/training ground developments to fruition, instead of just talking about the Academy/Community side of the club |
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Post by lastminutewinner on Jul 10, 2018 17:22:18 GMT
Surely though all this is pretty pointless if they cannot deliver either new stadium or a lower scale version of what the teds did to Ashton Gate? Take away the initial lure of the UWE stadium and I cant for the life of me think of anything else that would have made them take over the club. Lansdown can afford to absorb the teds debt long-term. Can Wael and family?
Perhaps they think they can so it's not pointless and they are not looking to get out? The fear is that w/o serious investment on the training ground and stadium front there seems a limit on how far DC can take us. On that basis it would have been great if the new CEO had come out and said he was hoping to push through the stadium/training ground developments to fruition, instead of just talking about the Academy/Community side of the club
The only sign for me that things may be happening in the background was when DC signed that long contract, but that was just before the UWE fell through. It would be interesting to see what DC would do if another club came in for him now while his stock is still pretty good. Personally I think he will jump ship, no training ground and no new stadium on the horizon.
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Post by Deleted on Jul 10, 2018 19:55:04 GMT
Perhaps they think they can so it's not pointless and they are not looking to get out? The fear is that w/o serious investment on the training ground and stadium front there seems a limit on how far DC can take us. On that basis it would have been great if the new CEO had come out and said he was hoping to push through the stadium/training ground developments to fruition, instead of just talking about the Academy/Community side of the club
The only sign for me that things may be happening in the background was when DC signed that long contract, but that was just before the UWE fell through. It would be interesting to see what DC would do if another club came in for him now while his stock is still pretty good. Personally I think he will jump ship, no training ground and no new stadium on the horizon.
Honest question. If we built a £40m stadium now, capacity around 20,000, what do you think the average gate would be. This coming season? |
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Post by South Stand Ultra on Jul 10, 2018 20:06:07 GMT
The only sign for me that things may be happening in the background was when DC signed that long contract, but that was just before the UWE fell through. It would be interesting to see what DC would do if another club came in for him now while his stock is still pretty good. Personally I think he will jump ship, no training ground and no new stadium on the horizon.
Honest question. If we built a £40m stadium now, capacity around 20,000, what do you think the average gate would be. This coming season? IMO 12000+ (if we do well) |
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Post by pirate on Jul 10, 2018 21:00:58 GMT
The only sign for me that things may be happening in the background was when DC signed that long contract, but that was just before the UWE fell through. It would be interesting to see what DC would do if another club came in for him now while his stock is still pretty good. Personally I think he will jump ship, no training ground and no new stadium on the horizon.
Honest question. If we built a £40m stadium now, capacity around 20,000, what do you think the average gate would be. This coming season? 13,000+ Hull City went from an average of 6,700 at their Boothferry Park ground to an average of 12,800 in their first full season at the new ground. Swansea City went from an average of 8,500 at the Vetch Field to an average of 14,100 at the Liberty Stadium. |
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Post by aghast on Jul 10, 2018 21:17:59 GMT
Honest question. If we built a £40m stadium now, capacity around 20,000, what do you think the average gate would be. This coming season? 13,000+ Hull City went from an average of 6,700 at their Boothferry Park ground to an average of 12,800 in their first full season at the new ground. Swansea City went from an average of 8,500 at the Vetch Field to an average of 14,100 at the Liberty Stadium. Brighton are our closest comparison, of course, having lost their ground and playing in other dumps for many years. www.bbc.co.uk/sport/football/19977215This is from six years ago. Whatever happened to them? |
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Post by pirate on Jul 10, 2018 21:25:28 GMT
13,000+ Hull City went from an average of 6,700 at their Boothferry Park ground to an average of 12,800 in their first full season at the new ground. Swansea City went from an average of 8,500 at the Vetch Field to an average of 14,100 at the Liberty Stadium. Brighton are our closest comparison, of course, having lost their ground and playing in other dumps for many years. www.bbc.co.uk/sport/football/19977215This is from six years ago. Whatever happened to them? The only difference is that Brighton were in the Championship and Swansea's average was for the 3rd tier and Hull's the 4th tier. |
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Post by Deleted on Jul 10, 2018 21:39:35 GMT
Honest question. If we built a £40m stadium now, capacity around 20,000, what do you think the average gate would be. This coming season? IMO 12000+ (if we do well) Agreed. So at this stage, why chuck £40m at 4000, given that we are a little below 9000 now with a capacity of 12000+? Unless of course the additional revenue streams make the economic case, which the UWE clearly didn't. If we get to the championship and become established, yes of course. Like the other lot down the road. |
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Post by pirate on Jul 10, 2018 21:53:32 GMT
IMO 12000+ (if we do well) Agreed. So at this stage, why chuck £40m at 4000, given that we are a little below 9000 now with a capacity of 12000+? Unless of course the additional revenue streams make the economic case, which the UWE clearly didn't. If we get to the championship and become established, yes of course. Like the other lot down the road. Look at the trajectory of clubs like Swansea and Hull and the knock on effect after getting new stadiums. Swansea had previously struggled in the 4th tier and then had 3 seasons at League One level in their new stadium before getting promoted to the Championship, where it only took them another 3 seasons to get promoted to the Prem. Hull had 2 seasons in their new stadium in the 4th tier before getting promoted, then got promoted from the 3rd tier after only 1 season and it only took them 3 seasons in the Championship before getting promoted to the Prem. |
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Post by Deleted on Jul 10, 2018 22:02:15 GMT
Agreed. So at this stage, why chuck £40m at 4000, given that we are a little below 9000 now with a capacity of 12000+? Unless of course the additional revenue streams make the economic case, which the UWE clearly didn't. If we get to the championship and become established, yes of course. Like the other lot down the road. Look at the trajectory of clubs like Swansea and Hull and the knock on effect after getting new stadiums. Swansea had previously struggled in the 4th tier and then had 3 seasons at League One level in their new stadium before getting promoted to the Championship, where it only took them another 3 seasons to get promoted to the Prem. Hull had 2 seasons in their new stadium in the 4th tier before getting promoted, then got promoted from the 3rd tier after only 1 season and it only took them 3 seasons in the Championship before getting promoted to the Prem. In both cases the stadiums are owned by the local council. Or were at the point of opening. Life is easy when the taxpayer is paying for it. Wonder how many schools could have been properly funded with this money? |
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pirate
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Post by pirate on Jul 10, 2018 22:29:46 GMT
Look at the trajectory of clubs like Swansea and Hull and the knock on effect after getting new stadiums. Swansea had previously struggled in the 4th tier and then had 3 seasons at League One level in their new stadium before getting promoted to the Championship, where it only took them another 3 seasons to get promoted to the Prem. Hull had 2 seasons in their new stadium in the 4th tier before getting promoted, then got promoted from the 3rd tier after only 1 season and it only took them 3 seasons in the Championship before getting promoted to the Prem. In both cases the stadiums are owned by the local council. Or were at the point of opening. Life is easy when the taxpayer is paying for it. Wonder how many schools could have been properly funded with this money? I agree with you on those points and the money could have been better spent, but that is perhaps an argument for another day. I know it has been done to death, but the fact remains that the Al Qadi family purchased our club saying at the time "UWE is the only site we're interested in" and "everything is in place, finance was never an issue" etc etc. Wael said: "We inherited the plan as part of the deal to buy the club and it was our right to take some time to re-evaluate all aspects of the proposals. There were some issues that came to light as we were going through that process. Those have been addressed and we are now at a stage where we have acquired the services of a top accountancy firm to complete a feasibility study. That should be completed within the next couple of weeks and then the next phase will be to sit down with all of the concerned parties to move the project forward. We have planning permission for a 21,700-capacity stadium and the funding is in place. We would have to apply for a new planning permission at a later date if we were to consider any plans for expansion in the future. The site at UWE has always been the preferred option and they want this stadium just as much as we do." |
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