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Post by garystash on Feb 22, 2016 20:33:23 GMT
Seems like a simple question on the face of it. Our "billionaire" owner gifts the club circa £50m.
I don't think it's going to be that simple. I think the money will be borrowed as a business loan. It will then be paid back from the revenue the stadium generates.
Could be a while before BRFC see profits from the Stadium being invested in the team. Also, as with any borrowing against predicted ROI - an element of risk is going to be involved.
Could be wrong, but just saying because I don't think we should fool ourselves into believing it's going to be straightforward.
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Post by alvestongas on Feb 22, 2016 20:46:22 GMT
Guessing!!
These guys are seriously wealthy. They will fund it the best way they see fit.
If they want a return on their football investment - the sooner we start moving up the Leagues the quicker that will happen.
They own 92% of the club, I'm happy to leave that detail to them.
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Post by yategas78 on Feb 22, 2016 20:48:23 GMT
I think as long suffering Gasheads we can't get our heads around something positive happening already worrying about what might go wrong!
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Post by Antonio Fargas on Feb 22, 2016 20:53:00 GMT
I think as long suffering Gasheads we can't get our heads around something positive happening already worrying about what might go wrong! Yeah, I'm just surprised the sheed who drove WAQ from Parkway to the ground on Saturday didn't drive straight into the path of an oncoming lorry. |
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Post by Deleted on Feb 22, 2016 21:07:54 GMT
Seems like a simple question on the face of it. Our "billionaire" owner gifts the club circa £50m. I don't think it's going to be that simple. I think the money will be borrowed as a business loan. It will then be paid back from the revenue the stadium generates. Could be a while before BRFC see profits from the Stadium being invested in the team. Also, as with any borrowing against predicted ROI - an element of risk is going to be involved. Could be wrong, but just saying because I don't think we should fool ourselves into believing it's going to be straightforward. It will almost certainly be a loan of some sort, a mortgage or whatever. Guessing how it gets paid pack is pointless because there are many details involved that nobody here is privvy to. Speculation about investment in the team is also pointless. Why do profits from a stadium need to be invested into the team? Talking about borrowing risk on here is pointless. Our owner is in banking. He probably knows about ROI percentages and associated risk... Who is fooling themselves? Sorry to be blunt but the OP feels like a ted post dressed up as a concerned gas one. |
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Post by Topper Gas on Feb 22, 2016 21:11:51 GMT
Before we worry about where the stadium money is coming from don't we need to see if the stadium is actually built? Assuming it still is built to the original plan then if the money is lent to the club by the Jordanian bank you'd hope it would be at a very low interest rate and you'd also hope they could use the stadium income streams to full effect, after all there is no point in bleeding the club dry or it will never progress up the leagues?
I suppose this could all end in tears but at least there's hope for the future now, rather than no hope if/when we lost the Appeal?
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Post by justin blue on Feb 22, 2016 21:15:28 GMT
Seems like a simple question on the face of it. Our "billionaire" owner gifts the club circa £50m. I don't think it's going to be that simple. I think the money will be borrowed as a business loan. It will then be paid back from the revenue the stadium generates. Could be a while before BRFC see profits from the Stadium being invested in the team. Also, as with any borrowing against predicted ROI - an element of risk is going to be involved. Could be wrong, but just saying because I don't think we should fool ourselves into believing it's going to be straightforward. It was only four days ago we were practically bankrupt facing all sorts of dire consequences. Whatever happens from now on the future looks immeasurably better. Enjoy! |
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Post by yategas78 on Feb 22, 2016 21:17:23 GMT
Come on lads lighten up!!
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Post by Deleted on Feb 22, 2016 21:23:29 GMT
How about an interest free loan from their own bank? Or a HSBC loan at mates rates? God the list is endless but there is always the pay day route if they hit hard times.
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Post by garystash on Feb 22, 2016 21:24:20 GMT
Okay, apologies about bringing the general mood down with this thread.
Just Monday night boredom, looking for something to worry about and trying to spark a debate.
Definitely not a ted BTW.
As you were...
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Post by Deleted on Feb 22, 2016 21:24:25 GMT
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Post by Deleted on Feb 22, 2016 21:32:52 GMT
There are no "mates rates" really. It will be easier to get credit and we might get a tiny enhancement but there are massive conflict of interest issues - the other shareholders would be unlikely to approve. If all the other shareholders approve it could be possible - not sure if the bank is traded on an exchange or private equity but either way it's tough. Financial services always need to be whiter than white (I work in FS), far more than most other industries, for obvious reasons.
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Post by rking89 on Feb 22, 2016 21:36:18 GMT
The club is owned 92% by Dwyane Sports Ltd which is controlled by the Jordanians. All they will do is set up another company owned 100% by DS Ltd to build the stadium and then the liability and owing of the stadium stays with the Jordanians and is separated from the football club but still owned one and the same. A lot of clubs did it and easiest way to get around ffp.
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Post by Deleted on Feb 22, 2016 21:41:36 GMT
There are no "mates rates" really. It will be easier to get credit and we might get a tiny enhancement but there are massive conflict of interest issues - the other shareholders would be unlikely to approve. If all the other shareholders approve it could be possible - not sure if the bank is traded on an exchange or private equity but either way it's tough. Financial services always need to be whiter than white (I work in FS), far more than most other industries, for obvious reasons. Meanwhile in the real world..... |
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Post by long john silver on Feb 22, 2016 21:43:36 GMT
Seems like a simple question on the face of it. Our "billionaire" owner gifts the club circa £50m. I don't think it's going to be that simple. I think the money will be borrowed as a business loan. It will then be paid back from the revenue the stadium generates. Could be a while before BRFC see profits from the Stadium being invested in the team. Also, as with any borrowing against predicted ROI - an element of risk is going to be involved. Could be wrong, but just saying because I don't think we should fool ourselves into believing it's going to be straightforward. If he's here for the long haul he'll have no qualms with paying for the stadium out his pocket . He will make his money back long term easily . |
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Post by aghast on Feb 22, 2016 21:58:56 GMT
"Father, you know that Football club I have bought?"
"Yes, my son. I wish you success, inshallah!"
"Well, about that. I need £50 million on a long term loan at zero interest."
"My son, it shall be done. Sail forth and prosper. But get rid of that bloody grotto."
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Post by Hugo the Elder on Feb 22, 2016 22:04:26 GMT
Seems like a simple question on the face of it. Our "billionaire" owner gifts the club circa £50m. I don't think it's going to be that simple. I think the money will be borrowed as a business loan. It will then be paid back from the revenue the stadium generates. Could be a while before BRFC see profits from the Stadium being invested in the team. Also, as with any borrowing against predicted ROI - an element of risk is going to be involved. Could be wrong, but just saying because I don't think we should fool ourselves into believing it's going to be straightforward. If he's here for the long haul he'll have no qualms with paying for the stadium out his pocket . He will make his money back long term easily . It will be a business loan against the asset he builds. It doesn't make business sense to pay for it outright with your own money. Investing in infrastructure is a legitimate business expense that can be worked into the books and also protects the borrower should anything go wrong. He may well be able to secure or underwrite the loan himself but I can't see him just paying for it off his roll. |
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Post by Topper Gas on Feb 22, 2016 22:18:08 GMT
I guess one thing in our favour is that he's a personal friend of Prince Ali, then I sense he'll look a right berk if he bankrupts a team in England if Ali becomes FIFA President |
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Post by curlywurly on Feb 23, 2016 0:21:02 GMT
Okay, apologies about bringing the general mood down with this thread. Just Monday night boredom, looking for something to worry about and trying to spark a debate. Definitely not a ted BTW. As you were... I think you are right to raise the question. There are a raft of new unknowns and it probably won't be clear for months how/when/if the UWE stadium will progress and then what the financing structure will be. I'm still pretty guarded as I am sure most of us are, but Wael is a smart cookie and so are the rest of his family. Steve Hamer is 'connected' and the calibre of the appointments today bodes well in my opinion. The root and branch review promised 18 months ago is finally taking place! |
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Post by BishopstonBRFC on Feb 23, 2016 6:56:41 GMT
Okay, apologies about bringing the general mood down with this thread. Just Monday night boredom, looking for something to worry about and trying to spark a debate. Definitely not a ted BTW. As you were... I think you are right to raise the question. There are a raft of new unknowns and it probably won't be clear for months how/when/if the UWE stadium will progress and then what the financing structure will be. I'm still pretty guarded as I am sure most of us are, but Wael is a smart cookie and so are the rest of his family. Steve Hamer is 'connected' and the calibre of the appointments today bodes well in my opinion. The root and branch review promised 18 months ago is finally taking place! Who else was added other than the one name mentioned earlier? |
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