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Post by RD on Apr 5, 2016 4:46:52 GMT
Kippo - would a signed tie from Wael settle your concerns?
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Post by paulpirate on Apr 5, 2016 6:16:53 GMT
Laser pen
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Post by chippenhamgas on Apr 5, 2016 6:39:20 GMT
When we're building more than just a car park i will start to believe it, everything that is happening on the field is down to dc and the team he built, no money has been spent yet. The summer transfer activity and the effort made to keep players like taylor and lockyer will be when the new regime will have to put their money where their mouth is.
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Post by Topper Gas on Apr 5, 2016 7:21:10 GMT
I think we are all happy NH and his board have been replaced by Wael and better proven directors, the Sainsbury saga is ended, we're debt free and the team are in good form, but why is Wael looking for investors to fund the stadium (thought he was loaded) and what's happening with the UwE build / contract / capacity - could we fill anything bigger than 20k. Also slightly uncomfortable with the crowd love-in for Wael on match days. Perhaps I'm just used to it being all doom and gloom and being pessimistic by nature. Anyone else have concerns?!? I thought this so did some research into it. Turns out that some of the richest people in the world still borrow to finance large protects/purchases. Mark zuckenberg has a mortgage on his 5 million dollar home despite having wealth of 14 billion. Why? Pretty much down to good business sense. When you have that sort of wealth you have access to better rates of finance, generally under 1% which is less than inflation. So instead of losing 5 million in cash which currently earns 10% per annum on the stock market, he essentially borrows the money for free as his 500 grand profit his 5 mil makes each year covers the mortgage payments. To put this into perspective, wael parting with 30 million for the build stops him earning 3 million per annum in interest. 3 million that would easily cover finance payments from investors. Essentially the stadium gets built for free. I thought we were looking for "investors' not just a bank etc to loan us money, I assume if we just wanted to borrow cheap money Barclays etc would just lend it to the Al-Qadi's? Sounds to me we're looking for investment partners which is something completely different as they'll want a decent return on their investment, assuming they even think the project is viable. |
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Post by Henbury Gas on Apr 5, 2016 7:27:34 GMT
I thought this so did some research into it. Turns out that some of the richest people in the world still borrow to finance large protects/purchases. Mark zuckenberg has a mortgage on his 5 million dollar home despite having wealth of 14 billion. Why? Pretty much down to good business sense. When you have that sort of wealth you have access to better rates of finance, generally under 1% which is less than inflation. So instead of losing 5 million in cash which currently earns 10% per annum on the stock market, he essentially borrows the money for free as his 500 grand profit his 5 mil makes each year covers the mortgage payments. To put this into perspective, wael parting with 30 million for the build stops him earning 3 million per annum in interest. 3 million that would easily cover finance payments from investors. Essentially the stadium gets built for free. I thought we were looking for "investors' not just a bank etc to loan us money, I assume if we just wanted to borrow cheap money Barclays etc would just lend it to the Al-Qadi's? Sounds to me we're looking for investment partners which is something completely different as they'll want a decent return on their investment, assuming they even think the project is viable. Sir Nick Higgs could be a good investor maybe we should ask him ? |
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Post by stuart1974 on Apr 5, 2016 8:19:19 GMT
I think we are all happy NH and his board have been replaced by Wael and better proven directors, the Sainsbury saga is ended, we're debt free and the team are in good form, but why is Wael looking for investors to fund the stadium (thought he was loaded) and what's happening with the UwE build / contract / capacity - could we fill anything bigger than 20k. Also slightly uncomfortable with the crowd love-in for Wael on match days. Perhaps I'm just used to it being all doom and gloom and being pessimistic by nature. Anyone else have concerns?!? I thought this so did some research into it. Turns out that some of the richest people in the world still borrow to finance large protects/purchases. Mark zuckenberg has a mortgage on his 5 million dollar home despite having wealth of 14 billion. Why? Pretty much down to good business sense. When you have that sort of wealth you have access to better rates of finance, generally under 1% which is less than inflation. So instead of losing 5 million in cash which currently earns 10% per annum on the stock market, he essentially borrows the money for free as his 500 grand profit his 5 mil makes each year covers the mortgage payments. To put this into perspective, wael parting with 30 million for the build stops him earning 3 million per annum in interest. 3 million that would easily cover finance payments from investors. Essentially the stadium gets built for free. Totally agree, being a millionaire doesn't mean you have money in the bank. They can be asset rich but cash poor. |
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Post by stuart1974 on Apr 5, 2016 8:27:27 GMT
I thought this so did some research into it. Turns out that some of the richest people in the world still borrow to finance large protects/purchases. Mark zuckenberg has a mortgage on his 5 million dollar home despite having wealth of 14 billion. Why? Pretty much down to good business sense. When you have that sort of wealth you have access to better rates of finance, generally under 1% which is less than inflation. So instead of losing 5 million in cash which currently earns 10% per annum on the stock market, he essentially borrows the money for free as his 500 grand profit his 5 mil makes each year covers the mortgage payments. To put this into perspective, wael parting with 30 million for the build stops him earning 3 million per annum in interest. 3 million that would easily cover finance payments from investors. Essentially the stadium gets built for free. I thought we were looking for "investors' not just a bank etc to loan us money, I assume if we just wanted to borrow cheap money Barclays etc would just lend it to the Al-Qadi's? Sounds to me we're looking for investment partners which is something completely different as they'll want a decent return on their investment, assuming they even think the project is viable. Investors needn't just bring money to the project though and nor need it be just for the stadium itself. It seems that there are ancillary projects too, a hotel for instance. The investor would also bring expertise and then run the facilities. Their return on investment would be profits on the ancillary project and not a share of the stadium. |
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Post by Deleted on Apr 5, 2016 10:00:24 GMT
Kippo - would a signed tie from Wael settle your concerns? That might just do it RD! I dry cleaned the Buckle's scribble out of my tie! |
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Post by singupgas on Apr 5, 2016 11:48:54 GMT
truth is we dont know whats going to happen,,we dont really know our owners individual wealth or how much of it is available for brfc,it seems very obvious were in better hands now than under the old regime but only time will tell what will happen. I don't know what i will be doing myself in a years time. Does anybody really know what will happen. Don't get why people think everything is always going to go so badly. I couldn't live my life like that, dont think id make next week. |
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Post by baggins on Apr 5, 2016 11:57:20 GMT
Right now, a nice little fight for auto promotion, if not, a fight in the playoffs. Meanehile, groundworks start on the new ground and the excitement of seeing what funds really are available for new signings.
Oh, and going on holiday.
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Post by beaver132 on Apr 5, 2016 11:57:27 GMT
I don't understand the scepticism and also expectation that things will go wrong. About time we started believing a bit more that our club can now achieve what it wants and is in safe hands. The positivity around the club since the Al Quadis has been incredible and loving being a part of it. Because this is rovers. Because we're a plaything of the fates, because something always has gone wrong somewhere at some point. Because we dare not tempt those same fates. |
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Post by pirateman on Apr 5, 2016 11:58:10 GMT
Kippo - would a signed tie from Wael settle your concerns? That might just do it RD! I dry cleaned the Buckle's dribble out of my tie! Fixed that for you |
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Post by baggins on Apr 5, 2016 12:00:07 GMT
That might just do it RD! I dry cleaned the Buckle's dribble out of my tie! Fixed that for you Could have been worse. |
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Post by Topper Gas on Apr 5, 2016 12:08:20 GMT
I thought we were looking for "investors' not just a bank etc to loan us money, I assume if we just wanted to borrow cheap money Barclays etc would just lend it to the Al-Qadi's? Sounds to me we're looking for investment partners which is something completely different as they'll want a decent return on their investment, assuming they even think the project is viable. Investors needn't just bring money to the project though and nor need it be just for the stadium itself. It seems that there are ancillary projects too, a hotel for instance. The investor would also bring expertise and then run the facilities. Their return on investment would be profits on the ancillary project and not a share of the stadium. There's no plans for an hotel on the original plans and no indication pp would be given for one. |
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Post by Antonio Fargas on Apr 5, 2016 13:01:59 GMT
Investors needn't just bring money to the project though and nor need it be just for the stadium itself. It seems that there are ancillary projects too, a hotel for instance. The investor would also bring expertise and then run the facilities. Their return on investment would be profits on the ancillary project and not a share of the stadium. There's no plans for an hotel on the original plans and no indication pp would be given for one. There was provision on the area scheme 'probably' for a hotel, directly over the road from the stadium. |
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Post by lulworthgas on Apr 5, 2016 13:10:19 GMT
Investors needn't just bring money to the project though and nor need it be just for the stadium itself. It seems that there are ancillary projects too, a hotel for instance. The investor would also bring expertise and then run the facilities. Their return on investment would be profits on the ancillary project and not a share of the stadium. There's no plans for an hotel on the original plans and no indication pp would be given for one. An investment bank is an investor. Interestingly the al qadis bank also has a 25% share in the Jordan international bank which is based in London. Could this be where the investment is coming from? Al qadi senior is also a director of this bank. The chairman is a dr Michel Marto who like al qadi is also chairman of another bank which is bigger than AJIB and JIB. This bank is called the housing bank for trade and finance. It is owned by some impressive company's Qatar National Bank ( 34.50% ) Kuwait Real Estate Investment Consortium ( 18.60% ) Libyan Foreign Bank ( 16.10% ) Public Institution for Social Security ( 15.40% ) The bank also has its own subsidiaries Jordanian Company for Real Estate Investments ( 100.00% ) Specialized Leasing ( 100.00% ) The Housing Bank for Trade and Finance-Algeria ( 85.00% ) International Financial Center - Jordan ( 77.50% ) Jordan International Bank / London ( 75.00% ) The International Bank for Trade and Finance ( 49.06% ) Jordan Investment Trust PLC ( 10.00% ) Jordan Mortgage Refinance Co Ltd ( 10.00% ) Al Daman for Investments PLC ( 10.00% ) Arab Real Estate Complexes ( 10.00% ) Union Advanced Industries Co PLC ( 9.70% ) Jordan Industrial Estates ( 8.33% ) International Financial Center for Services and Brokerage - Syria ( 5.00% ) Credit Information Co ( 4.26% ) Jordan Loan Guarantee Corporation ( 2.79% ) Al Mashriq Insurance Co ( 1.14% ) These are the types of businesses and people our owners do their business with and the sorts of contacts who could potentially invest. We are in good hands so let's just sit back and enjoy the ride. |
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Post by Henbury Gas on Apr 5, 2016 13:16:42 GMT
Right now, a nice little fight for auto promotion, if not, a fight in the playoffs. Meanehile, groundworks start on the new ground and the excitement of seeing what funds really are available for new signings. Oh, and going on holiday. Don't forget the Pasties you will look forward to as well...  |
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Post by Gastroenteritis on Apr 5, 2016 18:49:43 GMT
Flashed you? As in lights or t*ts? neither, her triangle |
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