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Post by Gas-Ed on Jul 13, 2015 20:24:57 GMT
Daniella may get the council to pay for it. Clearly she wouldnt want to see the "war memorial" not being used as a sports venue. As her new role as head of sport and her public stance on the stadium being a memorial for the fallen, its in her best interests that Bristol Rovers are able to afford the upkeep. I have more respect for my fleshlight.
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Post by Topper Gas on Jul 13, 2015 20:40:27 GMT
The amount of money we now owe is frightening. BRISTOL Rovers chairman Nick Higgs says that the board of directors had no choice but to take out a high-interest loan if they were to avoid being “starved into submission” by Sainsbury’s. Rovers took out a short-term loan, believed to be in the region of £2 million with a company called MSP Capital in December, when it was clear their dispute with Sainsbury’s over sale of the Memorial Stadium site was going to end up in the High Court. The club investigated issues of refinancing with existing partner Barclays to continue funding the legal challenge, which has so far cost the club in excess of £1 million, but were declined. Instead, Rovers opted to take the loan from MSP Capital at a rate of 1.2 per cent interest per month and will have to repay the full amount and accrued interest by the end of the year. Thank God Liverpool bought Lambert. So basically NH took a £2.3m gamble with the clubs money when it now seems we would have f all chance of winning, and still posters will say they feel sorry for him! If we add the present debts of £5.5m we now owe £7.8m even if we breakeven this season, let's just hope all the costs can be paid out of the Wonga loan. Surely to talk of an Appeal making us £8m+ in debt is total madness? In fact how do we manage our present debts go into Admin or sell the Mem?
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Post by Gas-Ed on Jul 13, 2015 20:42:33 GMT
The amount of money we now owe is frightening. BRISTOL Rovers chairman Nick Higgs says that the board of directors had no choice but to take out a high-interest loan if they were to avoid being “starved into submission” by Sainsbury’s. Rovers took out a short-term loan, believed to be in the region of £2 million with a company called MSP Capital in December, when it was clear their dispute with Sainsbury’s over sale of the Memorial Stadium site was going to end up in the High Court. The club investigated issues of refinancing with existing partner Barclays to continue funding the legal challenge, which has so far cost the club in excess of £1 million, but were declined. Instead, Rovers opted to take the loan from MSP Capital at a rate of 1.2 per cent interest per month and will have to repay the full amount and accrued interest by the end of the year. Thank God Liverpool bought Lambert. So basically NH took a £2.3m gamble with the clubs money when it now seems we would have f all chance of winning, and still posters will say they feel sorry for him! If we add the present debts of £5.5m we now owe £7.8m even if we breakeven this season, let's just hope all the costs can be paid out of the Wonga loan. Surely to talk of an Appeal making us £8m+ in debt is total madness? In fact how do we manage our present debts go into Admin or sell the Mem? Sell the Mem and ground share with Sabadell.
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Post by aghast on Jul 13, 2015 21:46:05 GMT
Daniella may get the council to pay for it. Clearly she wouldnt want to see the "war memorial" not being used as a sports venue. As her new role as head of sport and her public stance on the stadium being a memorial for the fallen, its in her best interests that Bristol Rovers are able to afford the upkeep. I have more respect for my fleshlight. Sometimes your best friends help you through the hardest times.
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