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Post by peterparker on Mar 26, 2016 20:26:42 GMT
The Al Qadis are investment bankers, even if they had/have the money to pay for it themselves, they arent in the business of throwing money around.
One thing you would think is they have access to money and no about money so no hanging everything on a sainsburys type deal
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Post by seanclevedongas on Mar 26, 2016 20:31:16 GMT
I was told at Newport that the investment was American money
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Post by Henbury Gas on Mar 27, 2016 5:25:43 GMT
fair enough...... only reason I ask is, my ex is in planning at the yate office. she leads a small team, thought if you worked there you might of worked with her? Henbury owns a computer shop. But if you ask in a certain way he has animal porn under the counter if that floats your boat. Can you send me some more of these selfies of you "working" on the farm with the cow please, they are very popular now
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Post by gaseous on Mar 27, 2016 8:22:41 GMT
I liked the analogy that the landing lights are on and the undercarriage down. Surely that means we're coming in to land! Hopefully but I just wanted to throw this in the mix. At present, the old Rolls Royce land is being cleared, could that be our new site? It would be perfect.
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Post by Deleted on Mar 27, 2016 8:37:15 GMT
I liked the analogy that the landing lights are on and the undercarriage down. Surely that means we're coming in to land! Hopefully but I just wanted to throw this in the mix. At present, the old Rolls Royce land is being cleared, could that be our new site? It would be perfect. Bristol Sport have purchased that piece of land. Steve has taken control of the south west Kabadi squad and they are to be based in Filton.
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Post by Gastafari on Mar 27, 2016 8:37:32 GMT
I liked the analogy that the landing lights are on and the undercarriage down. Surely that means we're coming in to land! Hopefully but I just wanted to throw this in the mix. At present, the old Rolls Royce land is being cleared, could that be our new site? It would be perfect. We already have planning permission for The UWE, and it could very well be built within the next 2 years. If we look for a new site it will take another 6-7 years at the very least.
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Post by gaseous on Mar 27, 2016 9:05:43 GMT
Hopefully but I just wanted to throw this in the mix. At present, the old Rolls Royce land is being cleared, could that be our new site? It would be perfect. We already have planning permission for The UWE, and it could very well be built within the next 2 years. If we look for a new site it will take another 6-7 years at the very least.[/ quote] Yeah I was just thinking about the landing lights quote and putting the two together. I personally hope that it's the UwE and nowhere else as it will come sooner.
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Post by Antonio Fargas on Mar 27, 2016 9:21:57 GMT
The Al Qadis are investment bankers,... they arent in the business of throwing money around. To be fair, that is what investment bankers do.
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Post by womble on Mar 27, 2016 9:22:27 GMT
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Post by Antonio Fargas on Mar 27, 2016 9:28:56 GMT
It's a brilliant site. Probably the best in the city, for ages. Sounds like it will be sh**, though: "The balance of the site fronting the A38 will be developed for a mix of car dealerships, trade counter, hotel and leisure and other commercial uses."
Looks like they have the rear 2/3rds of the site sorted, but are a bit vague on the front bit. We could be a mix of trade counter, hotel and leisure.
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Post by Deleted on Mar 27, 2016 9:55:26 GMT
People are reading too much into this, and would also do well to remember that Wael considered the club a very long term project and there's no intention to sell at a later date. All companies incorporate debt, even those with money in the bank and who are profitable. Investment can mean a lot of things, can just be borrowing the money until the Mem site is sold and paid for. Can also mean income from things such as naming rights. This lot know what they are doing and have a big, successful background in growing businesses. Owning part of a huge bank won't hurt, either. I for one and more than happy trusting them to get on with it, certainly happier than the previous board. The soundbites from anyone involved have been very complimentary, commenting on the professional and detailed nature of the team we have working on this, and being impressed with how it's progressing. You are quite right that most companies have some form of debt but outside football most companies are run to make a profit. Try googling the number of football clubs that make a profit. We should as fans be very concerned about the financing of the stadium as ultimately it will be the football club and by extention the fans that pay for this stadium. Of course you could just bury your head in the sand instead. t Haven't we as fans been wanting this for years? If it's us paying, would we make the investment? Yes. Time to put our money where our mouths are.
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Post by chippenhamgas on Mar 27, 2016 10:30:47 GMT
It is a fact though that after all the hype and the 'we're richer than you' nonsense to the teds they have an owner who has paid out of his own pocket to build a stadium, and despite the supposed riches of our new owners they are trying to find someone else to pay for uwe.
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Post by Antonio Fargas on Mar 27, 2016 10:35:46 GMT
It is a fact though that after all the hype and the 'we're richer than you' nonsense to the teds they have an owner who has paid out of his own pocket to build a stadium, and despite the supposed riches of our new owners they are trying to find someone else to pay for uwe. Because they want us to be an ongoing, sustainable business and not a financial basket case relying on its owner to bail it out to the tune of c.£9m a year. Can't really say I'm too upset about that.
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Post by chippenhamgas on Mar 27, 2016 10:42:27 GMT
Whoever invests in uwe will want a return, either an interest rate or a share of the income generated by the asset (which means less for brfc). Borrowing 30m at 5% would cost 1.5m per annum just to service, unless we are going to be giving up an equity share in the new stadium.
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Post by Antonio Fargas on Mar 27, 2016 10:52:50 GMT
Whoever invests in uwe will want a return, either an interest rate or a share of the income generated by the asset (which means less for brfc). Borrowing 30m at 5% would cost 1.5m per annum just to service, unless we are going to be giving up an equity share in the new stadium. Yeah, coz our banker owners won't be able to get us better than 5% interest.
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Post by Deleted on Mar 27, 2016 10:56:31 GMT
It is a fact though that after all the hype and the 'we're richer than you' nonsense to the teds they have an owner who has paid out of his own pocket to build a stadium, and despite the supposed riches of our new owners they are trying to find someone else to pay for uwe. I wonder how many of the 92 have had their grounds single handedly paid for by their chairman/owner? I'm not sure where the who's richest thing came from anyway? We are probably talking a handful of people but as always it gets blown out of proportion. Lansdown is an extremely wealthy individual and there can't be many owners that would spunk 10m a year for 5 consecutive years just to tread water. They haven't made any progress at all on the field. Clearly AV was his dream project and its obvious that the revamp is second choice. However, they(he) is getting stuff done down there and that is going to be a great Rugby stadium. Unfortunately for the teds, they must be realising now that his attention is more focused on the Rugby than the expensive failure of a football side. Us on the other hand..we have no idea what is in store other than what these business men have said. All we can do is wait and see. Our league position/form is keeping the supporters happy for now though..
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Post by chippenhamgas on Mar 27, 2016 10:57:20 GMT
Investment means just that, they will be wanting a return on their capital. At the end of the day if wanted to build a house and was a millionaire, i wouldn't be going to the bank for a mortgage.
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Post by countygroundhotel on Mar 27, 2016 10:59:35 GMT
Whoever invests in uwe will want a return, either an interest rate or a share of the income generated by the asset (which means less for brfc). Borrowing 30m at 5% would cost 1.5m per annum just to service, unless we are going to be giving up an equity share in the new stadium. People don't want to see it chippenham, even when it is staring them in the face. The owners will borrow money to finish the stadium (it's the logical tax efficient way of doing it) but be very clear when you pay £20 for your ticket they can only spend that £20 once, if it's on paying the interest then it can't be used to pay for better players. Simples.
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Post by Antonio Fargas on Mar 27, 2016 11:04:30 GMT
Whoever invests in uwe will want a return, either an interest rate or a share of the income generated by the asset (which means less for brfc). Borrowing 30m at 5% would cost 1.5m per annum just to service, unless we are going to be giving up an equity share in the new stadium. People don't want to see it chippenham, even when it is staring them in the face. The owners will borrow money to finish the stadium (it's the logical tax efficient way of doing it) but be very clear when you pay £20 for your ticket they can only spend that £20 once, if it's on paying the interest then it can't be used to pay for better players. Simples. Yeah, well done for assuming anyone who doesn't agree with you must be willfully ignoring facts that are staring them in the face. It is just possible that we trust the new owners to put the club on a sustainable business footing *and* take on external investment. 99% of successful businesses in the country manage that.
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Post by stevek192 on Mar 27, 2016 11:07:41 GMT
At the end of the day the Owners have invested in Bristol Rovers FC because of their interest in Football as well as their business interests. There are a lot more Cash enticing projects they could have undergone. Of course if other investors come in they will want a return but this is all part of running a business. whatever that business may be. We could well see another big Business Man join the Board shortly and this would be no different than having Higgs,Bradshaw,Dunford except on a much ,much bigger scale. How much of the profits on the Stadium goes to BRFC is pretty irrelevant because the success of this project will very much depend on what the Owners want to make of it. I am sure even Manchester United are very much about the owners and what they want to do and at the end of the day we are in the hands of the owners which is no different than we have been since we were formed except our previous Board had run out of money and probably in many ways interest as well! Our owners are not stupid and will look at all aspects of Building the Stadium and the Football Club hopefully to the very best of their ability. We can question but at the end of the day we have to hope and pray that our New Owners are in this for the right reasons. The owner would appear to have a great love of football and that for me is the best we could hope for. At the end of the day only time will tell but so far so good and all the people they have brought in so far have FOOTBALL interests as well as Business interests and if everything they are saying prove to be true then we could have a very bright future. UTG
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