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Post by bathtubpirate on Feb 3, 2024 12:22:48 GMT
Anyone considered that perhaps they are taking their time with these appointments because they want to get it right for the long term?
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Post by wertongas on Feb 3, 2024 14:05:32 GMT
Anyone considered that perhaps they are taking their time with these appointments because they want to get it right for the long term? I for one have the feeling that the new owners like to take time when making decisions , in the hope that they get them right and gone are the days when decisions were made on the hoof and the wrong decisions made. I have a real positive feeling about the club for the first time in the 50 odd years of following the gas we are starting to get things together. No more playing on rented grounds or in front of rent a tent, but when the east side of the stadium has been completed we will be developing a smart looking stadium. Have a decent training ground and with a good management team , building a team of younger talented players that can take the club forward and up the league. The new owners paid allot of money to buy a majority share in this club , they clearly want to make that expenditure worth while.
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Post by oldie on Feb 3, 2024 14:14:44 GMT
Anyone considered that perhaps they are taking their time with these appointments because they want to get it right for the long term? I for one have the feeling that the new owners like to take time when making decisions , in the hope that they get them right and gone are the days when decisions were made on the hoof and the wrong decisions made. I have a real positive feeling about the club for the first time in the 50 odd years of following the gas we are starting to get things together. No more playing on rented grounds or in front of rent a tent, but when the east side of the stadium has been completed we will be developing a smart looking stadium. Have a decent training ground and with a good management team , building a team of younger talented players that can take the club forward and up the league. The new owners paid allot of money to buy a majority share in this club , they clearly want to make that expenditure worth while. Do you know exactly how much they paid for there 60% share in Dwane Sports? Genuine question as I have not read an actual figure anywhere...
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Post by yattongas on Feb 3, 2024 14:16:57 GMT
I for one have the feeling that the new owners like to take time when making decisions , in the hope that they get them right and gone are the days when decisions were made on the hoof and the wrong decisions made. I have a real positive feeling about the club for the first time in the 50 odd years of following the gas we are starting to get things together. No more playing on rented grounds or in front of rent a tent, but when the east side of the stadium has been completed we will be developing a smart looking stadium. Have a decent training ground and with a good management team , building a team of younger talented players that can take the club forward and up the league. The new owners paid allot of money to buy a majority share in this club , they clearly want to make that expenditure worth while. Do you know exactly how much they paid for there 60% share in Dwane Sports? Genuine question as I have not read an actual figure anywhere... £7.58
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Post by wertongas on Feb 3, 2024 14:39:48 GMT
Do you know exactly how much they paid for there 60% share in Dwane Sports? Genuine question as I have not read an actual figure anywhere... £7.58 They paid 20 million for a 55% stake in the club as reported at the time of the purchase. When I met with TG a few years back debts were 17 million and rising , until Wael capatilized those debts. Wael sold the 55% stake to get back the money he invested to pay our debts.
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Post by yattongas on Feb 3, 2024 14:40:30 GMT
They paid 20 million for a 55% stake in the club as reported at the time of the purchase. When I met with TG a few years back debts were 17 million and rising , until Wael capatilized those debts. Wael sold the 55% stake to get back the money he invested to pay our debts. So I was pretty close then ?
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Post by returnofthedust on Feb 3, 2024 14:40:45 GMT
They paid 20 million for a 55% stake in the club as reported at the time of the purchase. When I met with TG a few years back debts were 17 million and rising , until Wael capatilized those debts. Wael sold the 55% stake to get back the money he invested to pay our debts. I’ll have a pint of what you’ve been drinking! There’s no way they’re paid that and I can’t see one report saying they have
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Post by yattongas on Feb 3, 2024 14:44:14 GMT
Anyone considered that perhaps they are taking their time with these appointments because they want to get it right for the long term? I for one have the feeling that the new owners like to take time when making decisions , in the hope that they get them right and gone are the days when decisions were made on the hoof and the wrong decisions made. I have a real positive feeling about the club for the first time in the 50 odd years of following the gas we are starting to get things together. No more playing on rented grounds or in front of rent a tent, but when the east side of the stadium has been completed we will be developing a smart looking stadium. Have a decent training ground and with a good management team , building a team of younger talented players that can take the club forward and up the league. The new owners paid allot of money to buy a majority share in this club , they clearly want to make that expenditure worth while. I’m in your camp Werton. Think we’re gonna move forwards steadily over the next 3-5 yrs. get the ground and other facilities up to scratch alongside improving the playing squad. Let’s get into a position to be able to get to the championship and most importantly stay there. Let’s be honest , if we went up this season we’d almost certainly come back down.
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Post by oldie on Feb 3, 2024 14:55:51 GMT
They paid 20 million for a 55% stake in the club as reported at the time of the purchase. When I met with TG a few years back debts were 17 million and rising , until Wael capatilized those debts. Wael sold the 55% stake to get back the money he invested to pay our debts. I’ll have a pint of what you’ve been drinking! There’s no way they’re paid that and I can’t see one report saying they have That's what I tought
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Post by yattongas on Feb 3, 2024 15:09:29 GMT
I’ll have a pint of what you’ve been drinking! There’s no way they’re paid that and I can’t see one report saying they have That's what I tought Are you Irish Oldie ?
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Post by stuart1974 on Feb 3, 2024 15:17:41 GMT
They paid 20 million for a 55% stake in the club as reported at the time of the purchase. When I met with TG a few years back debts were 17 million and rising , until Wael capatilized those debts. Wael sold the 55% stake to get back the money he invested to pay our debts. So I was pretty close then ? Accounting for inflation, pretty spot on. 😃
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Post by wertongas on Feb 3, 2024 18:08:37 GMT
They paid 20 million for a 55% stake in the club as reported at the time of the purchase. When I met with TG a few years back debts were 17 million and rising , until Wael capatilized those debts. Wael sold the 55% stake to get back the money he invested to pay our debts. I’ll have a pint of what you’ve been drinking! There’s no way they’re paid that and I can’t see one report saying they have You don't have to believe what I say , it won't make any difference to the figures. But think about it , if you pay off nearly 20 million of a clubs debt then carry on paying another 2-3 million each season to clear losses , then you are not going to sell a controlling interest in the club for peanuts . Wael comes from a banking family and I am sure he would not give his money away freely. It was reported at the time.
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Post by Topper Gas on Feb 3, 2024 19:22:47 GMT
I’ll have a pint of what you’ve been drinking! There’s no way they’re paid that and I can’t see one report saying they have You don't have to believe what I say , it won't make any difference to the figures. But think about it , if you pay off nearly 20 million of a clubs debt then carry on paying another 2-3 million each season to clear losses , then you are not going to sell a controlling interest in the club for peanuts . Wael comes from a banking family and I am sure he would not give his money away freely. It was reported at the time. Look at another way if you bought a classic car for £10,000 and it was costing you £2,000 a year just to keep on the road, would you only sell it if somebody offered you £10,000, or would you cut your losses and take £5,000 on the basis that you'll be saving £2,000 a year? For all we know the new owners haven't made any payment to Wael but have simply taken on the liability for any future losses, which could be £30m+ in a decade if they don't find a way to reduce the annual losses.
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Post by Topper Gas on Feb 3, 2024 19:26:40 GMT
Anyone considered that perhaps they are taking their time with these appointments because they want to get it right for the long term? I for one have the feeling that the new owners like to take time when making decisions , in the hope that they get them right and gone are the days when decisions were made on the hoof and the wrong decisions made. I have a real positive feeling about the club for the first time in the 50 odd years of following the gas we are starting to get things together. No more playing on rented grounds or in front of rent a tent, but when the east side of the stadium has been completed we will be developing a smart looking stadium. Have a decent training ground and with a good management team , building a team of younger talented players that can take the club forward and up the league. The new owners paid allot of money to buy a majority share in this club , they clearly want to make that expenditure worth while. First time for 50 years? We've been in the Championship twice during that period and also returned to Bristol, surely you felt positive during those periods, if not, then you must have found supporting Rovers pretty depressing over the years.
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