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Post by LJG on Nov 9, 2017 22:38:39 GMT
Nearly two weeks of deafening silence. Unbelievable. |
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Post by Topper Gas on Nov 9, 2017 22:59:27 GMT
Its on the passionate gasheads site, the guy is a mate of Eds. The rumour as reported - So UWE build the stadium with accomodation attached to it and we get the stadium in return for The mem which will have houses built on it. Ed will be building the houses. if there is any truth in this rumour then if EW intends building say 100+(?) houses on the Mem site doesn't that then imply he's going to make a nice profit from every house he sells, but what do the ALQ's make out of it as they've still got the £10m club debts to contend with, if we're effectively swapping the Mem site for the UWE stadium? So in simple terms the UWE build a stadium swap that for the Mem then start charging us rent and also profiting from the student rents of around £6K per flat/student, EW profits from selling his houses built at the Mem, meanwhile the ALQ's will have to finance the club at the new 22,000 stadium whilst still contending with our £10m+ debts and also building The Colony. Unless the plan is for the ALQ's to sell up, if so, what happens to the £10m+ club debts? |
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Post by daniel300380 on Nov 9, 2017 23:04:29 GMT
Its on the passionate gasheads site, the guy is a mate of Eds. The rumour as reported - So UWE build the stadium with accomodation attached to it and we get the stadium in return for The mem which will have houses built on it. Ed will be building the houses. if there is any truth in this rumour then if EW intends building say 100+(?) houses on the Mem site doesn't that then imply he's going to make a nice profit from every house he sells, but what do the ALQ's make out of it as they've still got the £10m club debts to contend with, if we're effectively swapping the Mem site for the UWE stadium? So in simple terms the UWE build a stadium swap that for the Mem then start charging us rent and also profiting from the student rents of around £6K per flat/student, EW profits from selling his houses built at the Mem, meanwhile the ALQ's will have to finance the club at the new 22,000 stadium whilst still contending with our £10m+ debts and also building The Colony. Unless the plan is for the ALQ's to sell up, if so, what happens to the £10m+ club debts? Think the person was saying we would own the ground, so there would not be any rent etc. So effectively if it costs £60 million to build, they would be buying the mem land for £60 million. That's how I took it anyway. They would make money from the accommodation to find the build. The revenue we would receive from the stadium, would clear the debts and find the club. If true it clubs be a good deal for us, depending on if it's built as we want etc. |
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Post by sipirate on Nov 9, 2017 23:15:00 GMT
I Know olle clarke well and can confirm he's been paid his months wages. now stop talking poison.
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Post by Topper Gas on Nov 9, 2017 23:23:04 GMT
if there is any truth in this rumour then if EW intends building say 100+(?) houses on the Mem site doesn't that then imply he's going to make a nice profit from every house he sells, but what do the ALQ's make out of it as they've still got the £10m club debts to contend with, if we're effectively swapping the Mem site for the UWE stadium? So in simple terms the UWE build a stadium swap that for the Mem then start charging us rent and also profiting from the student rents of around £6K per flat/student, EW profits from selling his houses built at the Mem, meanwhile the ALQ's will have to finance the club at the new 22,000 stadium whilst still contending with our £10m+ debts and also building The Colony. Unless the plan is for the ALQ's to sell up, if so, what happens to the £10m+ club debts? Think the person was saying we would own the ground, so there would not be any rent etc. So effectively if it costs £60 million to build, they would be buying the mem land for £60 million. That's how I took it anyway. They would make money from the accommodation to find the build. The revenue we would receive from the stadium, would clear the debts and find the club. If true it clubs be a good deal for us, depending on if it's built as we want etc. Unless the contractors discovered an oil well when putting the new drainage in during the summer why would the UWE pay £60m for the Mem site when Sainsbury's were "only" prepared to pay £32m to build a superstore on the site, the Mem site will be worth £20m tops for residential development. |
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Post by warehamgas on Nov 9, 2017 23:24:06 GMT
Genuine question because I don't know the answer- does this happen at any other club? That’s a very good question. Personally I’d like a monthly update from Wael because he’s the majority shareholder. But I’m not going to start sh** stirring or take any notice of sh** stirring if that doesn’t happen. It is what it is. My only priority at moment is Scunthorpe Saturday and then on to the next one and so on. And that’s at the heart of all this. The owners don’t have to do anything do they, if they don’t then it’s no different than before. And like you socrates I won’t do anything just go to matches and support the team. I won’t stir anything, won’t pretend I know anything because I don’t. I may moan about our defenders being unable to defend but tbh I can think of other Rovers teams who were like that! But the owners really should have come out when the UWE went kaput and given some leadership. I know, after my previous jobs, that those in leadership positions need to communicate well and make sure their followers know what they are following! If they don’t then rumours and other rubbish fills the gap. They have failed over the past few months to do that. They don’t need to but boy it would have stopped a lot of this crap if they had. But like you I’m just thinking about the match against Scunthorpe and hope the CHs get some heading practice in before Saturday! I suspect after the last two matches Scunthorpe will know exactly what to do to score! UTG! |
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Post by Topper Gas on Nov 9, 2017 23:25:01 GMT
I Know olle clarke well and can confirm he's been paid his months wages. now stop talking poison. The suggestion, whether true or false, was that the owners needed outside assistance in paying them this month. |
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Post by daniel300380 on Nov 9, 2017 23:33:55 GMT
Think the person was saying we would own the ground, so there would not be any rent etc. So effectively if it costs £60 million to build, they would be buying the mem land for £60 million. That's how I took it anyway. They would make money from the accommodation to find the build. The revenue we would receive from the stadium, would clear the debts and find the club. If true it clubs be a good deal for us, depending on if it's built as we want etc. Unless the contractors discovered an oil well when putting the new drainage in during the summer why would the UWE pay £60m for the Mem site when Sainsbury's were "only" prepared to pay £32m to build a superstore on the site, the Mem site will be worth £20m tops for residential development. That's why I said if true. Although they wouldn't be paying that much, if they were getting the profit from the houses at the mem. Does not sound like a great deal for them though! More rumours than ever at the moment!!! |
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Post by madgas on Nov 9, 2017 23:40:11 GMT
I heard a rumour... from Darrell Clarke... that everyone at the club is working hard. That the owners trying hard to take this club forward.
It’s just a rumour. But maybe.... just maybe the owners aren’t trying to ruin us.
Please can we get back to football now?
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Post by sipirate on Nov 9, 2017 23:41:16 GMT
You really are thick, we have a very wealthy owner. everything about the club screams improvement and expenditure being at its highest.
The Al Quadi family dont need outside assistance to help pay some petty wages... get real.
THICKLE!
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Post by sipirate on Nov 9, 2017 23:42:50 GMT
I Know olle clarke well and can confirm he's been paid his months wages. now stop talking poison. The suggestion, whether true or false, was that the owners needed outside assistance in paying them this month. THICKLE |
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Post by Topper Gas on Nov 9, 2017 23:56:10 GMT
You really are thick, we have a very wealthy owner. everything about the club screams improvement and expenditure being at its highest. The Al Quadi family dont need outside assistance to help pay some petty wages... get real. THICKLE! I suggest you take 5 minutes to read the forum rules. |
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Post by Deleted on Nov 9, 2017 23:59:52 GMT
I Know olle clarke well and can confirm he's been paid his months wages. now stop talking poison. Could you ask him to lend us a few quid to pay the fence people please. |
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Post by sipirate on Nov 10, 2017 0:06:08 GMT
You really are thick, we have a very wealthy owner. everything about the club screams improvement and expenditure being at its highest. The Al Quadi family dont need outside assistance to help pay some petty wages... get real. THICKLE! I suggest you take 5 minutes to read the forum rules. I Suggest you use your brain.. i mean comon! The al quadi family needed an outside source to pay wages hahaha The bloody borrow money to people from there slice of HSBC.. what on earth are you talking about?! |
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Post by Feeling The Blues on Nov 10, 2017 0:35:39 GMT
I suggest you take 5 minutes to read the forum rules. I Suggest you use your brain.. i mean comon! The al quadi family needed an outside source to pay wages hahaha The bloody borrow money to people from there slice of HSBC.. what on earth are you talking about?! Borrow money to people? What on earth are YOU talking about? |
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Post by Hugo the Elder on Nov 10, 2017 3:07:32 GMT
The suggestion, whether true or false, was that the owners needed outside assistance in paying them this month. THICKLE Behave or begone. |
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Post by Hugo the Elder on Nov 10, 2017 5:55:12 GMT
In the interest of fairness and balance it should be pointed out that these latest rumours are just that and as such, should be subject to the same scrutiny that all the other stories have been.
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Post by gashead1981 on Nov 10, 2017 8:48:56 GMT
I don't know Ed Ware, but if this is true, he sounds like someone to do business with - NOT. So is this the deal implied by 'ITK's' on here? Drip feeding this & now a mate of his his giving details on social media - this Ed Ware isn't very discreet then by the sounds of it. Perhaps he has already put the plan to ALQ's & they have said its a no goer, so he has decided to stir things? Who knows!! If this 'scheme' could work for us why wasn't it an option when Sainsbury's pulled out under the old board instead of taking the Wonga deal to chase a lost cause? I do know Ed Ware and that isn't the plan. Neither is it his idea to cream money for himself off the top which is basically the suggestion. The guy is gas through and through and always has been. The club will get the going rate card for the mem site so the club won't lose out in any way financially, it will enable us to move to UWE as per the original plans. At that point it will become another capitalist venture and not solely built by EWH. There is also up to a £6m grant available from the FA for all clubs building new stadia outside the championship which we qualify for. |
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Post by toddy1953 on Nov 10, 2017 9:01:10 GMT
I don't know Ed Ware, but if this is true, he sounds like someone to do business with - NOT. So is this the deal implied by 'ITK's' on here? Drip feeding this & now a mate of his his giving details on social media - this Ed Ware isn't very discreet then by the sounds of it. Perhaps he has already put the plan to ALQ's & they have said its a no goer, so he has decided to stir things? Who knows!! If this 'scheme' could work for us why wasn't it an option when Sainsbury's pulled out under the old board instead of taking the Wonga deal to chase a lost cause? I do know Ed Ware and that isn't the plan. Neither is it his idea to cream money for himself off the top which is basically the suggestion. The guy is gas through and through and always has been. The club will get the going rate card for the mem site so the club won't lose out in any way financially, it will enable us to move to UWE as per the original plans. At that point it will become another capitalist venture and not solely built by EWH. There is also up to a £6m grant available from the FA for all clubs building new stadia outside the championship which we qualify for. So the plan is for us to play at UWE as per the original plans but this time not own the stadium or the land? If so this sounds more like the Coventry idea - under the old plan we would pay a peppercorn rent - under this scheme it would surely cost us in excess of £1m a year rent. Can't see that being sustainable |
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Post by Strange Gas on Nov 10, 2017 9:13:02 GMT
I do know Ed Ware and that isn't the plan. Neither is it his idea to cream money for himself off the top which is basically the suggestion. The guy is gas through and through and always has been. The club will get the going rate card for the mem site so the club won't lose out in any way financially, it will enable us to move to UWE as per the original plans. At that point it will become another capitalist venture and not solely built by EWH. There is also up to a £6m grant available from the FA for all clubs building new stadia outside the championship which we qualify for. So the plan is for us to play at UWE as per the original plans but this time not own the stadium or the land? If so this sounds more like the Coventry idea - under the old plan we would pay a peppercorn rent - under this scheme it would surely cost us in excess of £1m a year rent. Can't see that being sustainable Why is it any less sustainable than building it yourself? To do so still requires funding which will create debt that needs servicing or a funder that is looking for a return. If Coventry had owned their own ground, they would still have struggled when they fell on hard times. If they owned the asset, yes the could have sold it to buy some time but that just delays the inevitable, as it did for us when we sold Eastville. If you have no money it really doesn't matter if you are missing out on your mortgage payments or rent, the effect is you are still at risk of not having a roof over your head |
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