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Post by Henbury Gas on Aug 19, 2018 17:06:52 GMT
Correct me if i'm wrong (and i'm mostly that), But our "owners" are the owners of this bank ?
You would think that the bank would have some form of advertising within the club, even a eighth page advert in the programme ?
i have not found any to date and if true, must give us a true reflection and what the family feel about their little investment....
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Post by stapletongas on Aug 19, 2018 17:10:28 GMT
What’s the point? ATM’s are too far away for most fans.
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Post by Henbury Gas on Aug 19, 2018 17:13:33 GMT
What’s the point? ATM’s are too far away for most fans. Maybe put some tax deductible money in Rovers pocket ? Show the fans you care ? Most other owners do it ( Cardiff comes to mind) |
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Post by peterparker on Aug 19, 2018 17:57:28 GMT
Correct me if i'm wrong (and i'm mostly that), But our "owners" are the owners of this bank ? You would think that the bank would have some form of advertising within the club, even a eighth page advert in the programme ? i have not found any to date and if true, must give us a true reflection and what the family feel about their little investment.... Part owners. I suspect AJIB probably operate in slightly different circles than the average Rovers fan The point of advertising just to show they care. Ok. Dont think many people would worry about that, and if they can seel the space to someone else.. |
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Post by pucklegas on Aug 19, 2018 18:02:41 GMT
Noticed that macron have advertising hoardings at the Den, why not at the Mem?
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Post by northsidegas on Aug 19, 2018 18:16:13 GMT
Noticed that macron have advertising hoardings at the Den, why not at the Mem? they have several at the mem? |
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stuart1974
Proper Gas
Posts: 11,536 
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Post by stuart1974 on Aug 19, 2018 18:33:07 GMT
Between them they own just over a third. In terms of board membership it is just Abdul and Hani plus 7 others. Wael owns 3.95% and is not a board member.
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Post by Topper Gas on Aug 19, 2018 18:56:22 GMT
Between them they own just over a third. In terms of board membership it is just Abdul and Hani plus 7 others. Wael owns 3.95% and is not a board member. They don't really "own" the bank they simply own a third of the shares and if they wanted to invest in Rovers then they'd have to get the other BoD's to agree to invest and also convince the other shareholders it was a reasonable investment opportunity and not just throwing money away on the Directors latest hobby. Another option is they lend DS the money to build the Mem &/or The Colony with a commercial rate of interest purely as a business proposition, the fact they don't seem to want to perhaps tels it's own story? |
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Post by pucklegas on Aug 19, 2018 19:20:14 GMT
Noticed that macron have advertising hoardings at the Den, why not at the Mem? they have several at the mem? Off to specsavers thanks 👍 |
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Post by Hugo the Elder on Aug 19, 2018 19:57:12 GMT
Noticed that macron have advertising hoardings at the Den, why not at the Mem? Fairly sure Macron "sponsored" our lovely new shop too. |
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Post by pucklegas on Aug 19, 2018 20:02:28 GMT
Noticed that macron have advertising hoardings at the Den, why not at the Mem? Fairly sure Macron "sponsored" our lovely new shop too. Tom G doing well then, Thatcher’s paid for the bar refurb, just need a stadium backer 💰😀 🐖 might fly. |
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Post by Strange Gas on Aug 19, 2018 20:11:49 GMT
I think we should keep their “wealth” in perspective. In rough round numbers, the family own c. 30% of a foreign bank with a value of c. £300m - they are minority shareholders therefore. So that is a combined “fortune” of c. £90m. It’s a large pile but compare this to Higgs who sold Cowlin for c. £50m (I think he pocketed a good chunk of that so it was literally cash in his bank account) it looks somewhat less impressive, and dwarfed by Lansdowns 12% holding of HL valued at £10bn, so a cool £1.2bn. Yes the Al Qadis are wealthy but not billionaires, and would certainly struggle to buy a new stadium, or training ground for that matter, out of spare cash they have lying around. If they bring anything, I’d say it’s ability to broker deals and leverage connections not their own cash, and currently even that is unproven
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Post by gregsy on Aug 19, 2018 20:18:45 GMT
Noticed that macron have advertising hoardings at the Den, why not at the Mem? Fairly sure Macron "sponsored" our lovely new shop too. It's a mystery why these product placement type exercises like the ones with Macron and thatchers have never happened before.... Unless I'm mistaken it's basically win win? |
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Post by Gastafari on Aug 19, 2018 20:19:32 GMT
Weren't AJIB entered into the sponsors draw a couple of years back?
Lost out to The Sportsman if I recall.
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Post by swissgas on Aug 19, 2018 20:36:26 GMT
The AJIB is a small regional bank which does most of it's business with companies and retail customers in Jordan. It is not the huge conglomerate carrying out high value transactions all over the World as many fans have been led to believe.
It has a market valuation of about £220 million, making the total Al-Qadi family stake worth about £68 million, and annual profits are around £18 million most of which is paid out to shareholders as dividends. The total Al-Qadi family annual pre-tax income from this source is about £5 million.
The bank is not performing well and the share price has fallen 24% over the last twelve months. Revenues are declining and analyst comments include :
"Over the last five years, AJIB-JO's return on equity has eroded from above median to below median among its peers suggesting declining relative operating performance."
"Compared with its chosen peers, the company's annual revenues and earnings change at a slower rate, implying a lack of strategic focus and/or lack of execution success."
"The company's equity capital investment program suggests it is under-investing in a business that is producing peer median returns"
Studying the financial performance of the AJIB and listening to Wael's interviews over the past two years it has become clear to me that the purchase of Rovers was a dreadful mistake and the big question now is how are they, and we, going to get ourselves out of this situation unscathed.
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Post by Quartermaster on Aug 19, 2018 20:40:15 GMT
Fairly sure Macron "sponsored" our lovely new shop too. It's a mystery why these product placement type exercises like the ones with Macron and thatchers have never happened before.... Unless I'm mistaken it's basically win win? It really makes you wonder how unprofessional we were prior to the AQs... |
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Post by gregsy on Aug 19, 2018 20:53:12 GMT
It's a mystery why these product placement type exercises like the ones with Macron and thatchers have never happened before.... Unless I'm mistaken it's basically win win? It really makes you wonder how unprofessional we were prior to the AQs... I said it's a mystery, I didn't say I wondered! |
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Post by Strange Gas on Aug 19, 2018 20:54:25 GMT
The AJIB is a small regional bank which does most of it's business with companies and retail customers in Jordan. It is not the huge conglomerate carrying out high value transactions all over the World as many fans have been led to believe. It has a market valuation of about £220 million, making the total Al-Qadi family stake worth about £68 million, and annual profits are around £18 million most of which is paid out to shareholders as dividends. The total Al-Qadi family annual pre-tax income from this source is about £5 million. The bank is not performing well and the share price has fallen 24% over the last twelve months. Revenues are declining and analyst comments include : "Over the last five years, AJIB-JO's return on equity has eroded from above median to below median among its peers suggesting declining relative operating performance." "Compared with its chosen peers, the company's annual revenues and earnings change at a slower rate, implying a lack of strategic focus and/or lack of execution success." "The company's equity capital investment program suggests it is under-investing in a business that is producing peer median returns" Studying the financial performance of the AJIB and listening to Wael's interviews over the past two years it has become clear to me that the purchase of Rovers was a dreadful mistake and the big question now is how are they, and we, going to get ourselves out of this situation unscathed. Wasn't aware AJIB business not doing well, but that may certainly explain why interest in BRFC may has declined, bigger fish to fry at home. And perhaps an indication that not everything they touch turns to gold after all - I believe they purchased HSBC's Jordanian operations, so maybe there was a reason HSBC were selling . . . |
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Post by gasstrictband on Aug 19, 2018 21:17:29 GMT
Big trouble building up in Jordon , Arab spring all over again .
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Post by Gassy on Aug 19, 2018 21:34:02 GMT
Ah Henbury once again living up to his name.
One minute supporting the board, another he’s trying to spread fear. Which of your amazing insider tips gave you this idea?
Wael said not too long ago that we need a sustainable football club - not sure where chucking an investment of ‘advertising’ your own business fits into that...
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