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Post by Deleted on Sept 17, 2018 19:04:37 GMT
Why is wael held in such high regard? Seems to be getting off lightly to me... He's as bad as the others.
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Post by smudge1 on Sept 17, 2018 19:06:36 GMT
I wonder if all the players are getting paid That's what I was thinking, though I confirm I am not ITK!!
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Post by Topper Gas on Sept 17, 2018 19:19:45 GMT
I agree there is a risk but what is the likelihood of that risk actually materialising and other than personal opinion and speculation, where are the actual facts to base the foundation of this risk materialising now being so prevalent? I don’t dispute the risk exists but I personally haven’t read or seen anything that makes me think that the likelihood of this happening is any different from day 1 where I personally believe the risk was unlikely or minimal. I’m happy to accept I’m wrong (wouldn’t be happy with the outcome) but to me there is too much speculation generating scaremongering (not saying you are) that is then creating disharmony and disillusion amongst the fanbase (although again we on here are just a small proportion and not necessarily representative of the total fan base) going on. I admit that the decline in communication and perceived lack of transparency means our owners are not necessarily helping themselves.... I'm working off the basis that there is no smoke without fire and it seems that there is a groundswell of rumour from various posters all at the same time. We have to be approaching the tipping point for the value of the mem vs total debt. Wael has told us they are not a charity and they have confirmed as much by lodging the debt against the stadium and also charging interest. So realistically right now is when they will want to sell because sooner rather than later they will have to start risking their money keeping us afloat while they try and offload us. Investment in the team seems to be at a low ebb. You could view the investment in the HR infrastructure as DS giving the internals a lick of paint in order to make the club more appealing to a buyer. All the circumstantial evidence for me suggests that they have to be looking to sell. And why are they going to care who they sell to? The rumour about the property developer has to be potentially worrying. Either way I just don't see what is to stop them from selling Rovers down the river so long as they get their investment back. Of course Wael will not want that but I doubt the wider family listen to a word he says. A property developer's 15 million is as good as anyone's Not sure the ALQ's would want to destroy their good name in the UK and also virtually end Wael's short career in football club ownership.
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Post by Deleted on Sept 17, 2018 19:34:37 GMT
I agree there is a risk but what is the likelihood of that risk actually materialising and other than personal opinion and speculation, where are the actual facts to base the foundation of this risk materialising now being so prevalent? I don’t dispute the risk exists but I personally haven’t read or seen anything that makes me think that the likelihood of this happening is any different from day 1 where I personally believe the risk was unlikely or minimal. I’m happy to accept I’m wrong (wouldn’t be happy with the outcome) but to me there is too much speculation generating scaremongering (not saying you are) that is then creating disharmony and disillusion amongst the fanbase (although again we on here are just a small proportion and not necessarily representative of the total fan base) going on. I admit that the decline in communication and perceived lack of transparency means our owners are not necessarily helping themselves.... I'm working off the basis that there is no smoke without fire and it seems that there is a groundswell of rumour from various posters all at the same time. We have to be approaching the tipping point for the value of the mem vs total debt. Wael has told us they are not a charity and they have confirmed as much by lodging the debt against the stadium and also charging interest. So realistically right now is when they will want to sell because sooner rather than later they will have to start risking their money keeping us afloat while they try and offload us. Investment in the team seems to be at a low ebb. You could view the investment in the HR infrastructure as DS giving the internals a lick of paint in order to make the club more appealing to a buyer. All the circumstantial evidence for me suggests that they have to be looking to sell. And why are they going to care who they sell to? The rumour about the property developer has to be potentially worrying. Either way I just don't see what is to stop them from selling Rovers down the river so long as they get their investment back. Of course Wael will not want that but I doubt the wider family listen to a word he says. A property developer's 15 million is as good as anyone's You make some good points and I guess a lot comes down to whether you trust the Al Qadis or not. I haven't seen anything to say that they won't continue to underwrite the credit line required and if I remember rightly they've increased it this year? Although likewise I haven't seen anything to say what their tipping point is or how long or to what point they are willing to continue underwriting it. If they announced an investor would that change the view? I've read a lot of the rumours and like I've said elsewhere I don't understand where or why they are all coming out now (maybe the poor start to the season has triggered it?) and I really don't know what is going on. I've heard about potential investment not a takeover / sale but heard is the operative word here - I can't prove it one way or another. Personally I'm in the watching brief camp and not jumping on an owners out bandwagon but like all of us I do think we need something to stimulate progression be it an announcement about the colony or stadium or investment etc. I'd be concerned about new owners so soon as unless they have significant wealth and are prepared to gift multi millions of £'s then would we be any better off and worse case scenario we could be in the doomsday position you articulated
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Post by gasify on Sept 17, 2018 19:53:11 GMT
The biggest asset of Bristol Rovers FC is it's supporters. The biggest asset of Bristol Rovers 1883 Ltd is the land on which the Memorial Stadium is built. Financing Bristol Rovers FC by borrowing money secured against the value of the parent company's land was a recipe for disaster. In future Bristol Rovers FC will have to be financed with a mixture of equity capital provided by it's owners and profits generated through the success it manages to achieve on and off the field. I think a lot of people are missing your second and third points and believe that the ALQs have genuinely invested risk capital in the club.
There is a risk here that they sell the biggest asset of the football club to a property developer, recover their loans and leave us homeless.
YES, this is a possibility. But it was the old guard that lost it, not the current owners taking it. Maybe they were sold something that just wasn't fit for purpose (their purpose,maybe the UWE) and now will want to cash in their chips. Couldn't blame them to be honest if Boycie sold them a stinker. Let the buyer beware they say. Unless there is a £15M asset. Maybe the small amount of infrastructure they have done is just enough to make the club attractive for someone else.
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Post by tommym9 on Sept 17, 2018 19:55:56 GMT
I wonder if all the players are getting paid That's what I was thinking, though I confirm I am not ITK!! 100% we would find out if they weren't. If they weren't getting paid neither would the staff.
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Post by Slide away on Sept 17, 2018 19:58:56 GMT
Lots of doom day theories here tonight guys, let's just wait and see what happens over the next few months eh, also I'm certain that the FA would intervene should the al'q's just decide to sell the Mem tomorrow as this is part of the fit and proper owners check / policy- that said, I think we are probably within our rights to seek clarification on the future security of the club from the owners....
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Post by singupgas on Sept 17, 2018 19:59:33 GMT
Just watched the DC interview again, and he is the only one I have belief in based on actions..the players need to step up now they are either good enough or they are not.
I am hoping someone is waiting in the wings to buy the club and it is close to being a done deal. Wael need a to let go and hopefully new owners want to build a stadium and a training ground.
If they can make funds available to DC in January, he should just offload some of the rot as soon as even if they have just arrived. I don't want hanger on representing the club, I want winners.
Lot of assumption in all of the above, just hoping this situation we are in is concluded before it's too late this season.
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