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Post by Hugo the Elder on Sept 9, 2018 8:50:58 GMT
What I don't get is, if we had the money and we spent millions on the ground, why or how could uwe have any say on non matchday, commercial revenue. The agreement is to pay to have the stadium built on their land. That would be exactly why Wael said it wasn't a good deal for the club. I genuinely believe the original deal wasn't good for the club. I can't get excited about this takeover yet because I'm worried about what renting the UWE means for the club long term.
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Post by geddongas on Sept 9, 2018 8:52:46 GMT
All these rumours have some degree of sense to them.
If it is indeed their land and we would pay, alongside this developer, to build the stadia, surely we are building them a stadium from which they’d get revenue and for which they have not invested any time or money.
Sounds great business for UWE, and if it is a contracted 125-year lease then fair play to Wael for pulling out, keeping quiet, and putting us at a position of strength at the table.
Savvy. A case of ‘You need our investment more than we need your land’...?
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Post by Antonio Fargas on Sept 9, 2018 9:00:10 GMT
That would be exactly why Wael said it wasn't a good deal for the club. I genuinely believe the original deal wasn't good for the club. I can't get excited about this takeover yet because I'm worried about what renting the UWE means for the club long term. Yeah, I would like to think that Wael stuck by his guns and refused the UWE deal coz it genuinely wasn't good enough, and then by playing the long game managed to get a good enough deal. Of course, everyone criticising it on the side, disparaging him on social media, demanding action on a stadium, insulting the family, criticising the negotiations without even knowing what they were, and generally just whining like children, would have weakened his hand a bit.
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Post by rememberhalifax on Sept 9, 2018 9:23:29 GMT
Here's what i think is happening.'i aint gotta clue'!BUT i do know Wael and family are very successful businessmen and know how to pull off a deal , wouldn't it be great if all this time they have had to listen to the doom mongers, insults , and moaning they were quietly chipping away at uwe till the right deal was achieved and announce it to one and all come October, they would be quite entitled to say 'we told you to be patient, now shut the F UP ! Wow what a day that MIGHT be!on the other hand the new owner could be a Mr HARGREAVES who buys the club just to p-ss his old partner off and become noisy neighbors! now that would be fun ! just a rumor! up the Rovers!its fun on the roller coaster that is the Gas aint it!
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Post by Gassy on Sept 9, 2018 9:30:42 GMT
Btw - can anyone who has Twitter tweet Twentyman to find out if he asked Wael on radio or Wael requested to go on?
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Post by Dirt Dogg on Sept 9, 2018 9:32:36 GMT
Press Conference Monday morning?
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Post by toddy1953 on Sept 9, 2018 9:45:42 GMT
Not saying it’s true or not as I have only heard this from someone who appears to get pretty reliable info. Rovers are not being sold. What instead is happening is that Wael has been seeking outside investment to complete the training ground and either redevelop the mem or build a new stadium (could be UWE). Talks with UWE are underway and contrary to what has been said on this thread, the previous deal at UWE was not good for Rovers or the owners in the long term. Rovers would have played at the stadium for a peppercorn rent and would have received matchday income. However UWE were set to have priority for non matchday use and the income for non matchday revenue was stacked significantly in UWEs favour hereby reducing the income rovers could receive and meant rovers would not be able to compete financially or be sustainable. Commercial deals were also not stacked in the clubs favour as UWE wanted a cut of all stadia sponsorship arrangements etc. So in a nutshell rovers would have got a stadium but would have not got the revenue streams we needed. At the time UWE wouldn’t shift on this. However they have now reconsidered and discussions are tentatively underway again. The training facilities at UWE are not big enough for the number of teams UWE have and to accommodate all of Rovers sides. People are putting 2+2 together and getting 5. The deal that is being worked on with the investors is that they will get a place on the board, and they will build the colony and ‘stadium’ wherever that may be - and in return they will get the mem land for a nominal amount to build houses. The delay is that this can’t be announced until either the UWE or the new stadium land has been agreed. There is a fallback option of mem redevelopment but that would mean Rovers sacrificing income streams. the main reason people are getting confused is that this is a single construction company investor not multi investors of smaller amounts. as I said could be complete bull as it’s just what I’ve been told by someone else but would kinda fit? This was basically the version I was told back in the summer. Sounds like we have all heard something from someone that we trust, who has heard it from someone else who they trust. I think someone will get the right story as I believe something is definitely going on. The only thing that seems unbelievable to me, is this thread was started on Friday afternoon & has only reached 14 pages so far. Shame on us I say if we cannot come up with more theories than we have so far then we don't deserve new owners
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Deleted
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Post by Deleted on Sept 9, 2018 9:49:39 GMT
Not saying it’s true or not as I have only heard this from someone who appears to get pretty reliable info. Rovers are not being sold. What instead is happening is that Wael has been seeking outside investment to complete the training ground and either redevelop the mem or build a new stadium (could be UWE). Talks with UWE are underway and contrary to what has been said on this thread, the previous deal at UWE was not good for Rovers or the owners in the long term. Rovers would have played at the stadium for a peppercorn rent and would have received matchday income. However UWE were set to have priority for non matchday use and the income for non matchday revenue was stacked significantly in UWEs favour hereby reducing the income rovers could receive and meant rovers would not be able to compete financially or be sustainable. Commercial deals were also not stacked in the clubs favour as UWE wanted a cut of all stadia sponsorship arrangements etc. So in a nutshell rovers would have got a stadium but would have not got the revenue streams we needed. At the time UWE wouldn’t shift on this. However they have now reconsidered and discussions are tentatively underway again. The training facilities at UWE are not big enough for the number of teams UWE have and to accommodate all of Rovers sides. People are putting 2+2 together and getting 5. The deal that is being worked on with the investors is that they will get a place on the board, and they will build the colony and ‘stadium’ wherever that may be - and in return they will get the mem land for a nominal amount to build houses. The delay is that this can’t be announced until either the UWE or the new stadium land has been agreed. There is a fallback option of mem redevelopment but that would mean Rovers sacrificing income streams. the main reason people are getting confused is that this is a single construction company investor not multi investors of smaller amounts. as I said could be complete bull as it’s just what I’ve been told by someone else but would kinda fit? This was basically the version I was told back in the summer. Sounds like we have all heard something from someone that we trust, who has heard it from someone else who they trust. I think someone will get the right story as I believe something is definitely going on. The only thing that seems unbelievable to me, is this thread was started on Friday afternoon & has only reached 14 pages so far. Shame on us I say if we cannot come up with more theories than we have so far then we don't deserve new owners I've heard Alan Sugar and Gerry Francis were spotted looking round the Mem last week.
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Post by Deleted on Sept 9, 2018 9:55:40 GMT
But.. But..What about hani wannie?? He's my favourite. X
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Post by toddy1953 on Sept 9, 2018 10:00:25 GMT
This was basically the version I was told back in the summer. Sounds like we have all heard something from someone that we trust, who has heard it from someone else who they trust. I think someone will get the right story as I believe something is definitely going on. The only thing that seems unbelievable to me, is this thread was started on Friday afternoon & has only reached 14 pages so far. Shame on us I say if we cannot come up with more theories than we have so far then we don't deserve new owners I've heard Alan Sugar and Gerry Francis were spotted looking round the Mem last week. Ellis & Billy were there yesterday, perhaps we negotiated a £50m transfer deal for the pair & Wael kept it from the family. He's then taken a punt on a Football Index Portfollio & doubled his money - put our sponsors out of business, and is building the stadium at UWE & the Colony & buying out the rest of the family. Anyway, we already have a computer giant here in Henbury, unless he's been fired!
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Post by womble on Sept 9, 2018 10:15:11 GMT
So to sum up so far,
We have been sold to a consortiumn from Liverpool/Isle of Man or a construction company from Southampton.
Or we have not been sold but have acquired outside investment.
If either of these is accurate, we’re off to UWE in about 3 years.
Did I miss anything?
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Post by slam on Sept 9, 2018 10:19:10 GMT
I genuinely believe the original deal wasn't good for the club. I can't get excited about this takeover yet because I'm worried about what renting the UWE means for the club long term. Yeah, I would like to think that Wael stuck by his guns and refused the UWE deal coz it genuinely wasn't good enough, and then by playing the long game managed to get a good enough deal. Of course, everyone criticising it on the side, disparaging him on social media, demanding action on a stadium, insulting the family, criticising the negotiations without even knowing what they were, and generally just whining like children, would have weakened his hand a bit. And caused discord within the family - some of whom (ie the ones holding the pursestrings) weren't as passionate in the first place about the football club as Wael was.
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Post by Deleted on Sept 9, 2018 10:36:39 GMT
Here's what i think is happening.'i aint gotta clue'!BUT i do know Wael and family are very successful businessmen and know how to pull off a deal , wouldn't it be great if all this time they have had to listen to the doom mongers, insults , and moaning they were quietly chipping away at uwe till the right deal was achieved and announce it to one and all come October, they would be quite entitled to say 'we told you to be patient, now shut the F UP ! Wow what a day that MIGHT be!on the other hand the new owner could be a Mr HARGREAVES who buys the club just to p-ss his old partner off and become noisy neighbors! now that would be fun ! just a rumor! up the Rovers!its fun on the roller coaster that is the Gas aint it! There is not a single shread of evidence that points to Wael being a successful business man.
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Post by Deleted on Sept 9, 2018 10:46:32 GMT
So to sum up so far, We have been sold to a consortiumn from Liverpool/Isle of Man or a construction company from Southampton. Or we have not been sold but have acquired outside investment. If either of these is accurate, we’re off to UWE in about 3 years. Did I miss anything? Pretty much but it could be UWE or a.n.other stadium - UWE preferable as would be easier as it's not a start from scratch situation. Timeliness are 3 - 5 years depending on whether it's UWE or not. My understanding is its outside investment in form of commercial partnership of sorts.
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Post by Dirt Dogg on Sept 9, 2018 11:26:25 GMT
UWE dead in the water still, Filton airfield the ideal site now I hear.
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Post by axegas on Sept 9, 2018 11:54:16 GMT
UWE dead in the water still, Filton airfield the ideal site now I hear. Always knew the landing lights remained on.
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Post by Deleted on Sept 9, 2018 11:56:55 GMT
UWE dead in the water still, Filton airfield the ideal site now I hear. Always knew the landing lights remained on. It’s all up in the air
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Post by althepirate on Sept 9, 2018 12:00:14 GMT
No one seems to know who the new people are. Any guesses? It's Clarke Osborne and we're changing our name to..... Hung, Drawn and Quartered.
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nsgas
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Post by nsgas on Sept 9, 2018 12:14:51 GMT
I genuinely believe the original deal wasn't good for the club. I can't get excited about this takeover yet because I'm worried about what renting the UWE means for the club long term. Yeah, I would like to think that Wael stuck by his guns and refused the UWE deal coz it genuinely wasn't good enough, and then by playing the long game managed to get a good enough deal. Of course, everyone criticising it on the side, disparaging him on social media, demanding action on a stadium, insulting the family, criticising the negotiations without even knowing what they were, and generally just whining like children, would have weakened his hand a bit. Do you also believe that had UWE offered the All Qadis acceptable terms last summer that they had the £40m-£50m needed to build the stadium available to spend and were willing to do so? Otherwise it might be argued that the terms being unacceptable would have been quite a relief for them.
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Post by Deleted on Sept 9, 2018 12:17:01 GMT
So basically everyone heard a rumour from the bloke on the terrace who heard it from a bloke in the pub who has a mate who’s “close to the club”. I’ll believe it when I see it.
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