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Post by garystash on Jan 21, 2016 8:35:56 GMT
Just wondering what peoples' opinions are of this...
1. We stay exactly as we are at the Mem, along with all our debt. 2. We get the UWE, clear our debt by selling the Mem - but we are tenants at UWE as we would need to get investors to build it.
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Post by Henbury Gas on Jan 21, 2016 9:00:25 GMT
Some cake is better than a rotten cake anyday
UWE for me
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Post by Hugo the Elder on Jan 21, 2016 9:04:17 GMT
We need to own our own ground.
Anything less then our board will have been the worst in history and will be held up in generations to come as the men who ruined our clubs future.
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Post by gasincider on Jan 21, 2016 9:06:10 GMT
Silly question, as it's our potential new owners who will build the stadium so no rent.
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Post by asomodai on Jan 21, 2016 9:14:12 GMT
I dont really mind where we play as long as we own our own ground. Renting will put us at a massive financial disadvantage for years.
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Post by Hugo the Elder on Jan 21, 2016 9:15:21 GMT
Wow, I'm surprised at the number of people who are happy for us to give up ownership of our most valuable asset.
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Post by daniel300380 on Jan 21, 2016 9:28:05 GMT
Wow, I'm surprised at the number of people who are happy for us to give up ownership of our most valuable asset. They said sell it, which would clear debts and hopefully have some left over. What's the point of having an asset if your millions in debt and always losing players, even youth ones. We need to progress as a club. Plus can't see why we would be renting the Uwe, if investors build it, surely it would be ours if they were part of the club anyway.
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Post by Feeling The Blues on Jan 21, 2016 9:32:04 GMT
If the question was would you rather have a 20,000 seater Mem or 21,700 seater UWE with either being owned by the club the vote might be a bit closer.
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Post by Hugo the Elder on Jan 21, 2016 9:34:11 GMT
We have among the highest gate receipts in the bottom 2 divisions.
I'd think we should look at why we have so much debt that folks would be happy not owning our ground and therefore the income it generates.
I am answering the OP who theorizes selling the Mem to pay off debt and renting UWE. We don't know if that's even a plan but that's what I'm responding to.
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Post by garystash on Jan 21, 2016 9:40:01 GMT
Just for context, I based the poll on what I think the two most likely outcomes are.
I don't think we'll win an appeal and get £30m. I do think there will be people willing to invest in ownership of a new stadium - but not necessarily the club itself.
All just speculation of course.
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Post by Henbury Gas on Jan 21, 2016 9:41:01 GMT
Wow, I'm surprised at the number of people who are happy for us to give up ownership of our most valuable asset. Hugo when the administrator comes calling we will have lost it then... Sad to say but without the UWE this club is not viable in its present state so staying at the mem is not an option
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Post by Hugo the Elder on Jan 21, 2016 9:51:02 GMT
The administrator will only come in if NH wants his money back.
Our current board are wealthy enough to cover our current debts which have been incurred on their watch.
I don't believe Nick would put us into administration and I think that's unnecessary scaremongering.
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Post by fanboy on Jan 21, 2016 10:02:10 GMT
The administrator will only come in if NH wants his money back. Our current board are wealthy enough to cover our current debts which have been incurred on their watch. I don't believe Nick would put us into administration and I think that's unnecessary scaremongering. I completely agree that Nick would sooner lose his money than plunge the club into administration... then again most teams that go into admin seem to end up way better off! So who knows...
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Post by Henbury Gas on Jan 21, 2016 10:05:37 GMT
The administrator will only come in if NH wants his money back. Our current board are wealthy enough to cover our current debts which have been incurred on their watch. I don't believe Nick would put us into administration and I think that's unnecessary scaremongering. So do you think Nick will pay for the MCP loan out of his own pocket then Hugo ? We have not paid any of the interest on this loan and both MCP & Sainsbury have placed orders on the MEM to recoup their money
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Post by Hugo the Elder on Jan 21, 2016 10:09:42 GMT
Yeah, I think if we don't get a penny from sainsbury the board will cover the loan.
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Post by gasincider on Jan 21, 2016 10:29:06 GMT
I voted in favour of UWE simply because the club, via the new owners, would own it.
No level of rent would be sustainable, so it is a poorly put question.
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Post by Antonio Fargas on Jan 21, 2016 10:31:11 GMT
Three quarters of voters want to become tenants again?
'Those who cannot remember the past are condemned to repeat it.'
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Post by Henbury Gas on Jan 21, 2016 10:31:39 GMT
I voted in favour of UWE simply because the club, via the new owners, would own it. No level of rent would be sustainable, so it is a poorly put question. So if a syndicate decided to build to UWE without any input from Rovers and offered to rent the ground to us, you would be happy to stay at the mem then ?
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Post by Hugo the Elder on Jan 21, 2016 10:40:48 GMT
I voted in favour of UWE simply because the club, via the new owners, would own it. No level of rent would be sustainable, so it is a poorly put question. That's not what the poll is asking!! It should be reworded to Own Mem. Rent UWE.
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Post by garystash on Jan 21, 2016 10:47:03 GMT
I voted in favour of UWE simply because the club, via the new owners, would own it. No level of rent would be sustainable, so it is a poorly put question. That's not what the poll is asking!! It should be reworded to Own Mem. Rent UWE. I've renamed the thread - can't see it's possible to change the poll questions now.
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