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Post by Topper Gas on Mar 11, 2016 22:46:13 GMT
He sounds sincere and honest every time I hear him speak, nothing like Higgs who always looked scared to tell the truth incase someone didn't like it. People seem to forget our new president is only a figure head put in by the family to over see the running of the club, if you listen to Hamer he always talks of the family not just Wael. I thought Wael had support of his family not the other way around?
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Post by Dr Gas on Mar 11, 2016 23:18:45 GMT
He also said that he was in London meeting with funders for the stadium. Clearly our man is either not as rich as the press are saying or not prepared to pay for the stadium out of his own pocket. I think this is a very important point, i.e. he was talking with funders rather than looking for them. It suggests to me that they are already locked in. As bank owners the Al-Qadi family obviously have massive expertise in investment: They seem to have assured funders that Rovers are a good investment, so whether the money is from their own pockets or not does not matter, as far as I am concerned.
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Post by Okebournegas on Mar 11, 2016 23:21:45 GMT
He also said that he was in London meeting with funders for the stadium. Clearly our man is either not as rich as the press are saying or not prepared to pay for the stadium out of his own pocket. Uh-oh here comes the doom and gloom !
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Post by Topper Gas on Mar 11, 2016 23:48:41 GMT
A brilliant interview which really should be replayed on the OS for every Gashead to watch. Sounds like the UWE (surely it's U.W.E.& not hughie?) is definitely a goer and work could start this summer us DC has 100% backing re new player etc.
Perhaps "We're not here to languish" should be our new mission statement?
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Post by lpgas on Mar 11, 2016 23:53:42 GMT
I just hope that we have broken the agreement that Higgs had made with regarding the profits from food and drink going to the UWE, and that we have bought the land and not just leased it, because we can then sell the naming rights if we want. Glad they are doing buy a brick, I think we will sell at least 10k of them
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Post by gasincider on Mar 12, 2016 1:24:43 GMT
What I heard him say was the UWE have been patient and he was grateful to them for that. He further said UWE wanted a car park in place by September and he remained hopeful that would be achieved.
If anything I think it pretty much puts a time limit on our decision whether to proceed with the stadium at UWE or not. It's long been known that when the development begins the first thing to be put in place would be the car park. He made no mention of the income streams issue being resolved, though he mentioned that they had to be able to make the club self sustainable.
This fits with what Wael said before the Hartlepool match. They do remain hopeful, but the magic word is SUSTAINABLE. If the UWE insist on keeping the income streams generated by the stadium, and this is after the club build it at no cost to the UWE, then it cannot happen. How could we build it for the UWE knowing that we will forever lose money by being there.
However, he was hardly likely to give much away, and would have been well briefed as to what he could and couldn't say.
I understand that Wael returned from Jordan yesterday (Thursday) and he and pretty much his whole family will be at the match tomorrow. I just hope his return coincides with meaningful talks with the UWE, and the recognition that it would be impossible for us to go to UWE without the issue of income generation at the new stadium being resolved.
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Post by chippenhamgas on Mar 12, 2016 7:31:21 GMT
What I heard him say was the UWE have been patient and he was grateful to them for that. He further said UWE wanted a car park in place by September and he remained hopeful that would be achieved. If anything I think it pretty much puts a time limit on our decision whether to proceed with the stadium at UWE or not. It's long been known that when the development begins the first thing to be put in place would be the car park. He made no mention of the income streams issue being resolved, though he mentioned that they had to be able to make the club self sustainable. This fits with what Wael said before the Hartlepool match. They do remain hopeful, but the magic word is SUSTAINABLE. If the UWE insist on keeping the income streams generated by the stadium, and this is after the club build it at no cost to the UWE, then it cannot happen. How could we build it for the UWE knowing that we will forever lose money by being there. However, he was hardly likely to give much away, and would have been well briefed as to what he could and couldn't say. I understand that Wael returned from Jordan yesterday (Thursday) and he and pretty much his whole family will be at the match tomorrow. I just hope his return coincides with meaningful talks with the UWE, and the recognition that it would be impossible for us to go to UWE without the issue of income generation at the new stadium being resolved. Maybe it didn't matter how much we were giving away when Sainsbury's were effectively funding it but now funding has to be found from elsewhere every penny counts. I can't see uwe turning this down, and there will almost certainly be some pressure from south glos to make this happen and open the area up to future investment. Speculation on how it is funded is irrelevant, if the land is purchased rather than leased and the adjacent land also purchased for development the whole scheme could cost 60-70m, don't think anyone would expect the family to just gift the club that money, which is why the whole thing has to be an income generator, both football and non football, and the mem will be sold to part finance. Apparently we are also looking at land owned by sun life off Cribbs, don't know if anyone else has heard this?
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Post by gasincider on Mar 12, 2016 8:40:51 GMT
Maybe it didn't matter how much we were giving away when Sainsbury's were effectively funding it but now funding has to be found from elsewhere every penny counts. I can't see uwe turning this down, and there will almost certainly be some pressure from south glos to make this happen and open the area up to future investment. Speculation on how it is funded is irrelevant, if the land is purchased rather than leased and the adjacent land also purchased for development the whole scheme could cost 60-70m, don't think anyone would expect the family to just gift the club that money, which is why the whole thing has to be an income generator, both football and non football, and the mem will be sold to part finance. Apparently we are also looking at land owned by sun life off Cribbs, don't know if anyone else has heard this? Actually, it's never been about building the stadium, it's always been about the income streams to maintain our ongoing viability. Even if Sainsburys money built the thing it was no use to us if we lose up to or possibly even exceed million pound losses year on year. Heard the rumour about Cribbs, but hope they don't touch it with a barge pole. The site is always windswept in the winter, and is on two levels. Its a god awful place.
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Post by spiess1 on Mar 12, 2016 9:10:24 GMT
Being on two levels matters because?
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Post by Topper Gas on Mar 12, 2016 9:13:56 GMT
What I heard him say was the UWE have been patient and he was grateful to them for that. He further said UWE wanted a car park in place by September and he remained hopeful that would be achieved. If anything I think it pretty much puts a time limit on our decision whether to proceed with the stadium at UWE or not. It's long been known that when the development begins the first thing to be put in place would be the car park. He made no mention of the income streams issue being resolved, though he mentioned that they had to be able to make the club self sustainable. This fits with what Wael said before the Hartlepool match. They do remain hopeful, but the magic word is SUSTAINABLE. If the UWE insist on keeping the income streams generated by the stadium, and this is after the club build it at no cost to the UWE, then it cannot happen. How could we build it for the UWE knowing that we will forever lose money by being there. However, he was hardly likely to give much away, and would have been well briefed as to what he could and couldn't say. I understand that Wael returned from Jordan yesterday (Thursday) and he and pretty much his whole family will be at the match tomorrow. I just hope his return coincides with meaningful talks with the UWE, and the recognition that it would be impossible for us to go to UWE without the issue of income generation at the new stadium being resolved. The comments by Hamer around the 6 mins mark simply don't support your suggestions, as he says the new stadium was an integral part of the purchase and they were seriously trying to get work underway this summer so the car park was completed by September. Walking away from the UWE plans now could set their plans for a new stadium back 5 or more years, if they have to seek pp at a new site.
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Post by beaver132 on Mar 12, 2016 9:23:02 GMT
What I heard him say was the UWE have been patient and he was grateful to them for that. He further said UWE wanted a car park in place by September and he remained hopeful that would be achieved. If anything I think it pretty much puts a time limit on our decision whether to proceed with the stadium at UWE or not. It's long been known that when the development begins the first thing to be put in place would be the car park. He made no mention of the income streams issue being resolved, though he mentioned that they had to be able to make the club self sustainable. This fits with what Wael said before the Hartlepool match. They do remain hopeful, but the magic word is SUSTAINABLE. If the UWE insist on keeping the income streams generated by the stadium, and this is after the club build it at no cost to the UWE, then it cannot happen. How could we build it for the UWE knowing that we will forever lose money by being there. However, he was hardly likely to give much away, and would have been well briefed as to what he could and couldn't say. I understand that Wael returned from Jordan yesterday (Thursday) and he and pretty much his whole family will be at the match tomorrow. I just hope his return coincides with meaningful talks with the UWE, and the recognition that it would be impossible for us to go to UWE without the issue of income generation at the new stadium being resolved. The comments by Hamer around the 6 mins mark simply don't support your suggestions, as he says the new stadium was an integral part of the purchase and they were seriously trying to get work underway this summer so the car park was completed by September. Walking away from the UWE plans now could set their plans for a new stadium back 5 or more years, if they have to seek pp at a new site. Agreed. It seems clear from the interview that the UWE is where we will be. He seemed dismissive to me of any other suggestion. He said that the old board had invested considerable money and time in negotiations with UWE and seemed to me to suggest it would be stupid to throw that away. As for 'funders' this was a done deal it seemed. He wasn't talking about finding funds, he was talking abound funders in the past tense, that they had already funded. This might be anyone. It might even be the rest of the family, who knows? To be honest, as long it wasn't a bunch of old men with some expensive looking jewellery in a bag marked 'swag' I think it's OK
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Post by Antonio Fargas on Mar 12, 2016 9:25:15 GMT
The comments by Hamer around the 6 mins mark simply don't support your suggestions, as he says the new stadium was an integral part of the purchase and they were seriously trying to get work underway this summer so the car park was completed by September. Walking away from the UWE plans now could set their plans for a new stadium back 5 or more years, if they have to seek pp at a new site. Agreed. It seems clear from the interview that the UWE is where we will be. He seemed dismissive to me of any other suggestion. He said that the old board had invested considerable money and time in negotiations with UWE and seemed to me to suggest it would be stupid to throw that away. As for 'funders' this was a done deal it seemed. He wasn't talking about finding funds, he was talking abound funders in the past tense, that they had already funded. This might be anyone. It might even be the rest of the family, who knows? To be honest, as long it wasn't a bunch of old men with some expensive looking jewellery in a bag marked 'swag' I think it's OK Hatton Garden would be a good name for a stadium.
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Post by gasincider on Mar 12, 2016 9:28:00 GMT
Being on two levels matters because? Go up there and see for yourself. Give you one clue. Drainage. And thats not even counting the spartan nature of the place. There is only one place more bleak than this site and that is where the sh*t train. But then I don't give a t*ss about them.
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Post by simon1883 on Mar 12, 2016 9:29:21 GMT
They still never committed to building UWE. They have always said "a stadium" will be built.
I guess UWE is the obvious answer as there has been a lot of work already done. But if all the stuff about match day income is true the. UWE is no longer a good option. We are in a totally different position now.
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Post by Antonio Fargas on Mar 12, 2016 9:29:53 GMT
Being on two levels matters because? Go up there and see for yourself. Give you one clue. Drainage. And thats not even counting the spartan nature of the place. There is only one place more bleak than this site and that is where the sh*t train. But then I don't give a t*ss about them. Do you think it could be made into a top training facility or should we look elsewhere?
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Post by gasincider on Mar 12, 2016 9:33:41 GMT
The reason they came here amongst many was that we had planning permission at the UWE. What Wael didn't know at the time of the takeover was that he would be shocked (his word) during talks at UWE on the day of the Hartlepool fixture, at some of the revelations disclosed.
I assume he means what had been agreed under the previous regime. I just hope these issues can be resolved, otherwise as previously suggested, it could take years to find an alternative site.
But it cant be UWE at any cost.
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Post by gasincider on Mar 12, 2016 9:37:32 GMT
Do you think it could be made into a top training facility or should we look elsewhere? I suppose if you throw enough money at something you can make anything great. I'm no expert, but honestly believe they could get somewhere much better without the initial outlay.
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Post by Strange Gas on Mar 12, 2016 9:54:09 GMT
Interesting that Hamer says MSP / Wonga brokered the deal initially - makes sense as they would have been keen to ensure they got their money back. Looks like Higgs may not have been swimming with sharks like we feared after all
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Post by Henbury Gas on Mar 12, 2016 9:54:34 GMT
Go up there and see for yourself. Give you one clue. Drainage. And thats not even counting the spartan nature of the place. There is only one place more bleak than this site and that is where the sh*t train. But then I don't give a t*ss about them. Do you think it could be made into a top training facility or should we look elsewhere? There is a top training facility right next door - its called Clifton Rugby club and both Clifton & Bristol Both play there ! Drainage has never been a problem on their site so with the right development at the Sunlife it would be perfect
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Post by youmadethatup on Mar 12, 2016 10:03:02 GMT
BRFC already own a stadium, so UWE is not about just owning a stadium . After all with some slight shifting around the mem could be made a nice 15,-18,000 stadium. Which if you were gifting money would be a cheaper option. That size capacity is fine for any league two,one or championship club.That's the limits though ,it will be interesting to see what Bournemouth do . The mantra has always been to find a self financing and self supporting stadium. So the club never again have to worry about stadium problems.Stadiums are not cheap to run so it is important that income streams are in place to raise this money comfortably each season regardless of league or form. You don't make money by giving it away . If you have a project you want to complete you get other people to finance it and use other people to pay them and other people to pay them. The AL Qadi family are still growing their business' they will not want to have a dead weight holding them back. The BRFC acquisition is part of their growing portfolio it will be run as a break even/profit business which is why the emphasise has been placed on from the grassroots up.A reason why Mr Hamer mentions they sought a club they could completely mould not one that had long standing things in place.
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