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Post by blueridge on Dec 11, 2019 11:56:33 GMT
The one thing that GD, NH and the current owners had in common is the belief that it is just not financially viable to re-develop the Mem. It's a non-starter. Or was that just the narrative the two former owners told us as they couldn't finance the rebuilds, if not,then why they both, on two separate occasions, spend a small fortune obtaining planning permission? I can't honestly see how a similar size stadium on the FM site is more viable than one at the Mem. And this is where it becomes difficult for mere mortals like me to understand. The club is in dire straits financially - a year ago it was stated that they were losing £65k a week - with the drop in attendances this season that figure could now well be over £80k per week. I would not be surprised if next year's accounts show debts exceeding well over £20M. The ALQ's are currently underwriting our survival but the day is fast looming IMO that we will no longer be sustainable as a business. The ALQ's will want their money back (with interest) through (on the face of it) their only two assets, The stadium and The Colony. Wael was clear in his last statement that The Mem is not part of any deal associated with The Fruit Market proposal - effectively they have 'ring fenced' their investment/assets. The best we can hope for IMO in any future 'takeover' is club with maybe no debts and no assets but hopefully somewhere to play.
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Post by Kingswood Polak on Dec 11, 2019 11:57:06 GMT
Yup, the chance to get the crowd onside if generally something going on... the silence gives me the sinking feeling there will be nothing for us. There is nothing happening. It's time to just take the p1ss out of the whole story. It's the hope that kills you. I am of the belief, based upon various elements, that we will be facing the worst scenario in the not too distant future. Yes, just my opinion but others see and feel it too.
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Post by Kingswood Polak on Dec 11, 2019 12:04:44 GMT
Or was that just the narrative the two former owners told us as they couldn't finance the rebuilds, if not,then why they both, on two separate occasions, spend a small fortune obtaining planning permission? I can't honestly see how a similar size stadium on the FM site is more viable than one at the Mem. And this is where it becomes difficult for mere mortals like me to understand. The club is in dire straits financially - a year ago it was stated that they were losing £65k a week - with the drop in attendances this season that figure could now well be over £80k per week. I would not be surprised if next year's accounts show debts exceeding well over £20M. The ALQ's are currently underwriting our survival but the day is fast looming IMO that we will no longer be sustainable as a business. The ALQ's will want their money back (with interest) through (on the face of it) their only two assets, The stadium and The Colony. Wael was clear in his last statement that The Mem is not part of any deal associated with The Fruit Market proposal - effectively they have 'ring fenced' their investment/assets. The best we can hope for IMO in any future 'takeover' is club with maybe no debts and no assets but hopefully somewhere to play. It comes to something when I see that as a best case scenario. I have absolutely no faith in the owners and the plans.
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Post by Deleted on Dec 11, 2019 12:06:24 GMT
There is nothing happening. It's time to just take the p1ss out of the whole story. It's the hope that kills you. I am of the belief, based upon various elements, that we will be facing the worst scenario in the not too distant future. Yes, just my opinion but others see and feel it too. I think that is the worry for the majority of us. I can't see the AQ family putting up with the losses much longer. If they cannot get their money back via selling the club, and rumours suggest the asking price is too high, then at some point they will just cut and run.
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Post by pucklegas on Dec 11, 2019 12:08:47 GMT
Why doesn't someone tweet Ali Durden for an update so we can close the thread, not on Twitter technophobe lol
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Post by Kingswood Polak on Dec 11, 2019 12:09:27 GMT
I am of the belief, based upon various elements, that we will be facing the worst scenario in the not too distant future. Yes, just my opinion but others see and feel it too. I think that is the worry for the majority of us. I can't see the AQ family putting up with the losses much longer. If they cannot get their money back via selling the club, and rumours suggest the asking price is too high, then at some point they will just cut and run. Agreed plus it was they who ran up the debts when we had good attendances and 2 promotions. Bankers eh. How I wish I get proved wrong but there is always something that scuppers deals with this lot.
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Post by Deleted on Dec 11, 2019 12:19:36 GMT
I think that is the worry for the majority of us. I can't see the AQ family putting up with the losses much longer. If they cannot get their money back via selling the club, and rumours suggest the asking price is too high, then at some point they will just cut and run. Agreed plus it was they who ran up the debts when we had good attendances and 2 promotions. Bankers eh. How I wish I get proved wrong but there is always something that scuppers deals with this lot. When they said Evolution not Revolution, nobody realised that it would be in real-time !
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Post by Henbury Gas on Dec 11, 2019 12:39:29 GMT
I am of the belief, based upon various elements, that we will be facing the worst scenario in the not too distant future. Yes, just my opinion but others see and feel it too. I think that is the worry for the majority of us. I can't see the AQ family putting up with the losses much longer. If they cannot get their money back via selling the club, and rumours suggest the asking price is too high, then at some point they will just cut and run. They Control the Money Tree, they are the only people that can sort the debt out. The fate is in their own hands not anybody else
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Post by baggins on Dec 11, 2019 12:53:26 GMT
I think that is the worry for the majority of us. I can't see the AQ family putting up with the losses much longer. If they cannot get their money back via selling the club, and rumours suggest the asking price is too high, then at some point they will just cut and run. Agreed plus it was they who ran up the debts when we had good attendances and 2 promotions. Bankers eh. How I wish I get proved wrong but there is always something that scuppers deals with this lot. The debt wasn't brilliant when we were at Twerton either. Or when we moved to the Mem. And we've been to Wembley under Higgs leadership.
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Post by Deleted on Dec 11, 2019 14:13:52 GMT
you're not having my tip inside your bum cheeks! Hey... your new arn't you? mattybray007 quartered reincarnated - wish I was new and missed the whole stadium debacle!
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Post by yattongas on Dec 11, 2019 14:35:24 GMT
I did try telling you it wasn’t happening lads.
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Post by Hugo the Elder on Dec 11, 2019 14:50:57 GMT
There is nothing happening. It's time to just take the p1ss out of the whole story. It's the hope that kills you. I am of the belief, based upon various elements, that we will be facing the worst scenario in the not too distant future. Yes, just my opinion but others see and feel it too. Yeah, looks like Trump Junior might make it in.
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Post by Deleted on Dec 11, 2019 15:17:23 GMT
A ground in Avonmouth would be just the incentive I need to stop wasting my hard earned watching Rovers. Why? A bowl in an industrial waste land isn’t my cup of tea. It would also be difficult to travel to for me as well!
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Post by oldgas on Dec 11, 2019 17:02:49 GMT
.I am of the belief, based upon various elements, that we will be facing the worst scenario in the not too distant future. Yes, just my opinion but others see and feel it too. Yeah, looks like Trump Junior might make it in. ? What's Trumps son got to do with The Gas? Genuine question.
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Post by oldgas on Dec 11, 2019 17:07:00 GMT
A bowl in an industrial waste land isn’t my cup of tea. It would also be difficult to travel to for me as well! The area being developed in Avonmouth is all green field and there isn't any industry in sight. It is also very well served with railway lines and they are constructing a new motorway junction. If the stadium were to be built there the club would have the crowd as a captive audience as there would be no other competition for food, drink etc. I reckon it would be quicker to get there rather than fight through town to the Mem for a lot of people.
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Post by Deleted on Dec 11, 2019 17:32:37 GMT
A bowl in an industrial waste land isn’t my cup of tea. It would also be difficult to travel to for me as well! The area being developed in Avonmouth is all green field and there isn't any industry in sight. It is also very well served with railway lines and they are constructing a new motorway junction. If the stadium were to be built there the club would have the crowd as a captive audience as there would be no other competition for food, drink etc. I reckon it would be quicker to get there rather than fight through town to the Mem for a lot of people. Agreed and the new motorway junction is about to open.
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Post by aghast on Dec 11, 2019 17:50:54 GMT
A bowl in an industrial waste land isn’t my cup of tea. It would also be difficult to travel to for me as well! The area being developed in Avonmouth is all green field and there isn't any industry in sight. It is also very well served with railway lines and they are constructing a new motorway junction. If the stadium were to be built there the club would have the crowd as a captive audience as there would be no other competition for food, drink etc. I reckon it would be quicker to get there rather than fight through town to the Mem for a lot of people. The Mem isn't bad to get to from the north or east. M4, M32, ring road, little bit of Gloucester Road. I've never found it difficult anyway. Avonmouth is just extra distance and a bit of a pain. Better than the fruit market site, though, which for me would be a train or not at all. Perhaps that's a good thing. Fewer cars and noxious emissions. Although I'd probably smell just as bad on the train.
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Post by Deleted on Dec 11, 2019 17:57:11 GMT
A bowl in an industrial waste land isn’t my cup of tea. It would also be difficult to travel to for me as well! The area being developed in Avonmouth is all green field and there isn't any industry in sight. It is also very well served with railway lines and they are constructing a new motorway junction. If the stadium were to be built there the club would have the crowd as a captive audience as there would be no other competition for food, drink etc. I reckon it would be quicker to get there rather than fight through town to the Mem for a lot of people. If Corbyn gets in tomorrow there won’t be any trains running as the drivers will be out on strike all time. (Sorry couldn’t help myself) With the current anti-car agenda will a new ground get granted permission for thousands of parking spaces? If no parking a new motorway junction will be a bit of a white elephant
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Post by Deleted on Dec 11, 2019 18:33:24 GMT
The area being developed in Avonmouth is all green field and there isn't any industry in sight. It is also very well served with railway lines and they are constructing a new motorway junction. If the stadium were to be built there the club would have the crowd as a captive audience as there would be no other competition for food, drink etc. I reckon it would be quicker to get there rather than fight through town to the Mem for a lot of people. The Mem isn't bad to get to from the north or east. M4, M32, ring road, little bit of Gloucester Road. I've never found it difficult anyway. Avonmouth is just extra distance and a bit of a pain. Better than the fruit market site, though, which for me would be a train or not at all. Perhaps that's a good thing. Fewer cars and noxious emissions. Although I'd probably smell just as bad on the train.I didn't want to say it.......
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Post by BishopstonBRFC on Dec 11, 2019 18:54:29 GMT
Or was that just the narrative the two former owners told us as they couldn't finance the rebuilds, if not,then why they both, on two separate occasions, spend a small fortune obtaining planning permission? I can't honestly see how a similar size stadium on the FM site is more viable than one at the Mem. And this is where it becomes difficult for mere mortals like me to understand. The club is in dire straits financially - a year ago it was stated that they were losing £65k a week - with the drop in attendances this season that figure could now well be over £80k per week. I would not be surprised if next year's accounts show debts exceeding well over £20M. The ALQ's are currently underwriting our survival but the day is fast looming IMO that we will no longer be sustainable as a business. The ALQ's will want their money back (with interest) through (on the face of it) their only two assets, The stadium and The Colony. Wael was clear in his last statement that The Mem is not part of any deal associated with The Fruit Market proposal - effectively they have 'ring fenced' their investment/assets. The best we can hope for IMO in any future 'takeover' is club with maybe no debts and no assets but hopefully somewhere to play. You've literally just plucked the 80k a week figure out of thin air. Costs have clearly been cut through the club and will be cut further when high earners such as Bennett are off the wage bill. Still, sounds good for all the scaremongering. You've also decided that the Al Qadis are the kind of people to run up a massive debt at a lower league football club, then demand more back in return on top of the debt that their own decisions have created. I'm sure that would look really good when trying to do business with regards to AJIB etc. Clearly everything isn't all rosy but this non stop scaremongering with completely made up figures and scenarios is becoming very tiresome.
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