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Post by toddy1953 on Dec 11, 2019 18:58:05 GMT
I suppose the convenience to get to a stadium depends on where you live. I don’t think we need to worry much at this stage though, as by the time we build a stadium anywhere, we will probably be able to sit at home & say, ‘Beam me up Wael’ and boom, you’ll land in your seat, pasty an all.
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Post by gashead1981 on Dec 11, 2019 20:25:52 GMT
I suppose the convenience to get to a stadium depends on where you live. I don’t think we need to worry much at this stage though, as by the time we build a stadium anywhere, we will probably be able to sit at home & say, ‘Beam me up Wael’ and boom, you’ll land in your seat, pasty an all. Wherever the new site may be you won’t please everyone. For some it will be closer for others not so. Having relocated a few businesses now, my experience is you always loose customers from one area but will gain in the opposite direction. In time those old customers who were initially protesting will come back and give it a go to discover it’s not so bad after all. The same will likely apply.
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Post by daniel300380 on Dec 11, 2019 20:30:29 GMT
Why doesn't someone tweet Ali Durden for an update so we can close the thread, not on Twitter technophobe lol I did before, he just ignored it.
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Post by swissgas on Dec 11, 2019 20:38:35 GMT
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. Why would you think blueridge has plucked the figure out of thin air it seems quite logical to me ? Leaving aside write off costs associated with the UWE Stadium project the weekly losses have been : 2016 £ 16,653 2017 £ 41,076 2018 £ 62,846 I can't see anything to suggest the trend is heading lower, especially when the interest accumulating on the loan is rising and the figure of £ 8,742 per week shown in the June 2018 accounts has probably increased to about £ 13,000 per week by now. But I do agree that if the Al-Qadi family manage to get their loan fully repaid with interest and make a profit on the sale of the land at the Mem it will enhance their reputation within banking circles.
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Post by pucklegas on Dec 11, 2019 20:40:36 GMT
Why doesn't someone tweet Ali Durden for an update so we can close the thread, not on Twitter technophobe lol I did before, he just ignored it. Thought he said the next two weeks were crucial and that was a couple of months ago.
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Post by BishopstonBRFC on Dec 11, 2019 21:02:27 GMT
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. Why would you think blueridge has plucked the figure out of thin air it seems quite logical to me ? Leaving aside write off costs associated with the UWE Stadium project the weekly losses have been : 2016 £ 16,653 2017 £ 41,076 2018 £ 62,846 I can't see anything to suggest the trend is heading lower, especially when the interest accumulating on the loan is rising and the figure of £ 8,742 per week shown in the June 2018 accounts has probably increased to about £ 13,000 per week by now. But I do agree that if the Al-Qadi family manage to get their loan fully repaid with interest and make a profit on the sale of the land at the Mem it will enhance their reputation within banking circles. Because clearly some cost cutting is going on, plus we seem to be doing far for on the commercial side such as the electronic advertising boards which we're being touted at a pretty decent sum and have clearly been taken up by a fair few companies. And from what TW said in his interview the wage bill is clearly being reduced as it was unsustainable which your figures above clearly show. Perhaps "out of thin air" was the wrong phrase, but Blueridge doesn't take into consideration that it seems after blowing a load of money at the end of the DC era we seem to be trying to work within our means. Plus we've offloaded Hamer who I imagine was on a few quid too!
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Post by swissgas on Dec 11, 2019 21:53:11 GMT
Why would you think blueridge has plucked the figure out of thin air it seems quite logical to me ? Leaving aside write off costs associated with the UWE Stadium project the weekly losses have been : 2016 £ 16,653 2017 £ 41,076 2018 £ 62,846 I can't see anything to suggest the trend is heading lower, especially when the interest accumulating on the loan is rising and the figure of £ 8,742 per week shown in the June 2018 accounts has probably increased to about £ 13,000 per week by now. But I do agree that if the Al-Qadi family manage to get their loan fully repaid with interest and make a profit on the sale of the land at the Mem it will enhance their reputation within banking circles. Because clearly some cost cutting is going on, plus we seem to be doing far for on the commercial side such as the electronic advertising boards which we're being touted at a pretty decent sum and have clearly been taken up by a fair few companies. And from what TW said in his interview the wage bill is clearly being reduced as it was unsustainable which your figures above clearly show. Perhaps "out of thin air" was the wrong phrase, but Blueridge doesn't take into consideration that it seems after blowing a load of money at the end of the DC era we seem to be trying to work within our means. Plus we've offloaded Hamer who I imagine was on a few quid too! I understand your gut feeling which like mine is that you want Rovers to be doing well and I think that's why, when things are posted which are considered negative, the impulsive reaction is "show us the evidence". But if anyone were to turn that around and ask where is the evidence that the commercial operation is actually producing increased profits or that the wage bill is being cut then I'm afraid they would be accused of showing lack of faith and trying to do Rovers down. Looking at the 2017/18 published figures the football receipts were £3.49 million and attendances averaged 8933 so on that basis, over 23 games, 205 000 people watched Rovers and spent £17 per game. If attendances this season are down by 1700 from 2017/18 that is a reduction in annual gross income of £ 664,000 or £ 12,780 per week. Steve Hamer was costing £ 1400 per week so how many players have we had to let go and how many advertisements have we needed to sell to make up the £ 11,000 per week difference ? I don't think we do ourselves any favours by trying to hide away from the fact that the situation is looking grim.
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Post by Deleted on Dec 11, 2019 21:54:13 GMT
No idea what the current levels are but they have never been huge compared to the overall cost of stadium redevelopment. Demolition and rebuild is the cheapest option I can't see that happening though. The current owners have already said so and on top of this they are currently negotiating selling the club. It would appear that those interested in taking over are only interested if there is potential to build a stadium elsewhere other than The Mem so I agree with an earlier poster, the plans talked about by both interested parties (I believe the third has gone cold) appear extremely complicated and probably (fruit) pie in the sky. 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. It was viable until they lost their buyers for the student flats otherwise they would never had spent a fortune pursuing planning permission.
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Post by Antonio Fargas on Dec 11, 2019 21:55:44 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. It was viable until they lost their buyers for the student flats otherwise they would never had spent a fortune pursuing planning permission. Those student flats would have been raking it in, by now.
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Post by Henbury Gas on Dec 12, 2019 8:44:36 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! Yep and a stadium at the fruit bowl would end my 57 year association with Bristol Rovers football club as a paying customer
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Post by yattongas on Dec 12, 2019 8:52:17 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! Yep and a stadium at the fruit bowl would end my 57 year association with Bristol Rovers football club as a paying customer Why ?
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Post by Deleted on Dec 12, 2019 9:05:57 GMT
sh**ting myself in the ruh ahead of an op. Reading this thread to make me realise life isn't that bad! Lol! Gulp!
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Post by Henbury Gas on Dec 12, 2019 9:33:14 GMT
Yep and a stadium at the fruit bowl would end my 57 year association with Bristol Rovers football club as a paying customer Why ? Transportation will be an issue
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Post by tommym9 on Dec 12, 2019 9:41:51 GMT
Transportation will be an issue Next door to Bristol's biggest train station? Haven't got the facts to back it up but I suspect the biggest in the south west too? Not sure how transportation will be a problem there.
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Marshy
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Post by Marshy on Dec 12, 2019 9:48:32 GMT
Transportation will be an issue Next door to Bristol's biggest train station? Haven't got the facts to back it up but I suspect the biggest in the south west too? Not sure how transportation will be a problem there. He’s worried that there won’t be anywhere for him to park his menstrual cycle? Well, he is a moaning old fanny! 😁
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Post by Deleted on Dec 12, 2019 9:55:31 GMT
Yep and a stadium at the fruit bowl would end my 57 year association with Bristol Rovers football club as a paying customer Why ? He doesn’t like fruit.
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Post by Henbury Gas on Dec 12, 2019 10:15:46 GMT
Transportation will be an issue Next door to Bristol's biggest train station? Haven't got the facts to back it up but I suspect the biggest in the south west too? Not sure how transportation will be a problem there. It is when you are disabled
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Post by tommym9 on Dec 12, 2019 10:49:40 GMT
Next door to Bristol's biggest train station? Haven't got the facts to back it up but I suspect the biggest in the south west too? Not sure how transportation will be a problem there. It is when you are disabled I am fortunate to not be living with a disability and I don't know anyone who has one for reference either. Can you clue me into what challenges a disabled person would find getting to the FM compared to say the Mem?
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Post by darkbluegas on Dec 12, 2019 10:54:47 GMT
sh**ting myself in the ruh ahead of an op. Reading this thread to make me realise life isn't that bad! Lol! Gulp! Hope it all goes well. Get Well Soon.
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Post by Henbury Gas on Dec 12, 2019 10:57:53 GMT
It is when you are disabled I am fortunate to not be living with a disability and I don't know anyone who has one for reference either. Can you clue me into what challenges a disabled person would find getting to the FM compared to say the Mem? At the mem we park next to East terrace and STAND to watch the game. cannot sit in stand seats as the are very restrictive and cause excessive pain in the lower back At a new stadium at FM, parking would be very restrictive due to lack of space for parking plus restrictions imposed by BCC clean air regs (we have a diesel car) and the stadium will be an all seater
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