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Post by legas on Sept 16, 2019 10:06:16 GMT
Didnt someone say on here he that we should know something by the end of September ? Ah, but did they say which year?
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Post by Gassy on Sept 16, 2019 10:09:40 GMT
Why should such giants of BRFC history be involved in such angst? well to me. it is obvious. It takes years to understand the heartbeat of a football Club, and Ed and John are passionate people at the sharp end of our Club, who are currently frustrated because the future of the Club is in the hands of those who do not know the history and maybe do not even care? When this Club becomes the property once again, of those who care for all the right reasons, we will 'have our Club back'I am confident that will be soon. From the thread in question It was the point I have put in bold that I found of interest. I asked, as this intimates, if the potential purchasers are fans and would return us to fans owning the club and we will 'have our club back' why don't they just buy it now. Why are they waiting until the club gets planning permission or buys a site so that there is a potential upside? If they are simply waiting until it becomes a viable, profitable proposition then they are no different to property speculators or, as the insiders keep eluding to, like the current owners and simply in it to make money. I have yet to receive an answer that stacks up. Because they're not the ones who will own the club. They might be involved in running/setting up the club/deal, however they're probably not the ones buying it, nor do any ex-Rovers owners have (to my knowledge) the funds to buy the fruit market & build us a stadium. As the post or BBC reported said, make no doubt this is an investment opportunity for the potential owners although they are football fans.
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Post by blueridge on Sept 16, 2019 10:12:07 GMT
Why should such giants of BRFC history be involved in such angst? well to me. it is obvious. It takes years to understand the heartbeat of a football Club, and Ed and John are passionate people at the sharp end of our Club, who are currently frustrated because the future of the Club is in the hands of those who do not know the history and maybe do not even care? When this Club becomes the property once again, of those who care for all the right reasons, we will 'have our Club back'I am confident that will be soon. From the thread in question It was the point I have put in bold that I found of interest. I asked, as this intimates, if the potential purchasers are fans and would return us to fans owning the club and we will 'have our club back' why don't they just buy it now. Why are they waiting until the club gets planning permission or buys a site so that there is a potential upside? If they are simply waiting until it becomes a viable, profitable proposition then they are no different to property speculators or, as the insiders keep eluding to, like the current owners and simply in it to make money. I have yet to receive an answer that stacks up. I thought the same. Just assuming that Knowall does know something suggests to me that at least one of the former directors will be back in some capacity if this development is a goer. IMO we will not own the stadium.
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Post by Gassy on Sept 16, 2019 10:33:17 GMT
It was the point I have put in bold that I found of interest. I asked, as this intimates, if the potential purchasers are fans and would return us to fans owning the club and we will 'have our club back' why don't they just buy it now. Why are they waiting until the club gets planning permission or buys a site so that there is a potential upside? If they are simply waiting until it becomes a viable, profitable proposition then they are no different to property speculators or, as the insiders keep eluding to, like the current owners and simply in it to make money. I have yet to receive an answer that stacks up. I thought the same. Just assuming that Knowall does know something suggests to me that at least one of the former directors will be back in some capacity if this development is a goer. IMO we will not own the stadium. What is the definition of owning the stadium btw? DS owns the Mem I think, so do we own our current stadium? For me the difference of owning the stadium is down to whether we're paying rent on it.
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Post by Deleted on Sept 16, 2019 10:53:23 GMT
I thought the same. Just assuming that Knowall does know something suggests to me that at least one of the former directors will be back in some capacity if this development is a goer. IMO we will not own the stadium. What is the definition of owning the stadium btw? DS owns the Mem I think, so do we own our current stadium? For me the difference of owning the stadium is down to whether we're paying rent on it. Bristol Rovers 1883 ltd owns the Memorial Stadium and Dwane Sports Ltd owns Bristol Rovers 1883 ltd. Dwane Sports Ltd also has a legal charge over the stadium for funding loaned to it.
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Post by Gassy on Sept 16, 2019 11:06:02 GMT
What is the definition of owning the stadium btw? DS owns the Mem I think, so do we own our current stadium? For me the difference of owning the stadium is down to whether we're paying rent on it. Bristol Rovers 1883 ltd owns the Memorial Stadium and Dwane Sports Ltd owns Bristol Rovers 1883 ltd. Dwane Sports Ltd also has a legal charge over the stadium for funding loaned to it. Fair enough
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Post by blueridge on Sept 16, 2019 11:16:14 GMT
I thought the same. Just assuming that Knowall does know something suggests to me that at least one of the former directors will be back in some capacity if this development is a goer. IMO we will not own the stadium. What is the definition of owning the stadium btw? DS owns the Mem I think, so do we own our current stadium? For me the difference of owning the stadium is down to whether we're paying rent on it. Dwane Sports own the Mem and BRFC and have exclusive rights and control and because they paid for it they have lawful title to do effectively whatever they wish - subject to planning and any possible covenants regarding a future sale. Dwane Colony a separate ALQ Company to Dwane Sports own The Colony and we may well have been paying 'rent' to Dwane Colony if The Colony had ever been built. Interestingly in Wael's statement of 6th August he stated that the Mem will not form part of any future deal with this new development (or words to that effect) which suggests to me that the ALQ's will be selling the Mem to clear the debt and will be able to do so because BRFC will have a new home. But as I've said I know absolutely nothing and is just my take on it.
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Post by CheshireGas on Sept 16, 2019 12:02:25 GMT
It was the point I have put in bold that I found of interest. I asked, as this intimates, if the potential purchasers are fans and would return us to fans owning the club and we will 'have our club back' why don't they just buy it now. Why are they waiting until the club gets planning permission or buys a site so that there is a potential upside? If they are simply waiting until it becomes a viable, profitable proposition then they are no different to property speculators or, as the insiders keep eluding to, like the current owners and simply in it to make money. I have yet to receive an answer that stacks up. Because they're not the ones who will own the club. They might be involved in running/setting up the club/deal, however they're probably not the ones buying it, nor do any ex-Rovers owners have (to my knowledge) the funds to buy the fruit market & build us a stadium. As the post or BBC reported said, make no doubt this is an investment opportunity for the potential owners although they are football fans. So Gassy we won't 'have our club back' as Knowall makes out. It sounds exactly as we have now, Dwane Sports own the ground and Wael (a football fan) is involved with the club. Except we will pay rent on the ground instead of interest on a loan. Sounds to me that we won't 'have our club back' just different investors and different football fans.....
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stuart1974
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Post by stuart1974 on Sept 16, 2019 12:22:55 GMT
Could it be that ownership of the club is joint, run by people with connections to us on behalf of the wider consortium who would have a minority stake in the club itself but a majority stake in the stadium.
It would explain the comment about "fans" running the club whilst being unable to move now until all the other parties to the wider development are on board. We are in my mind, just a small part of that.
That way the ground would be built as part of the wider development, the club sold for a nominal amount to 'fans', DS keeps the Mem until sold to pay off debts after we move.
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Post by gashead1981 on Sept 16, 2019 13:09:05 GMT
The only "fans" bit of the ownership will be the 8% stakeholding they currently have which has absolutely no influence whatsoever and does very little anyway and I doubt if it will change under any new ownership.
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Post by Gassy on Sept 16, 2019 13:10:15 GMT
Because they're not the ones who will own the club. They might be involved in running/setting up the club/deal, however they're probably not the ones buying it, nor do any ex-Rovers owners have (to my knowledge) the funds to buy the fruit market & build us a stadium. As the post or BBC reported said, make no doubt this is an investment opportunity for the potential owners although they are football fans. So Gassy we won't 'have our club back' as Knowall makes out. It sounds exactly as we have now, Dwane Sports own the ground and Wael (a football fan) is involved with the club. Except we will pay rent on the ground instead of interest on a loan. Sounds to me that we won't 'have our club back' just different investors and different football fans..... Well if Ed Ware was involved then you can hardly even compare him with Wael. We also don’t know if they’d even charge us rent, nor who would own the stadium?
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Post by gregsy on Sept 16, 2019 13:43:50 GMT
The only "fans" bit of the ownership will be the 8% stakeholding they currently have which has absolutely no influence whatsoever and does very little anyway and I doubt if it will change under any new ownership. Quick question from a non itk.... Is that the shares from the share scheme? And if it is has the percentage of holding dropped in recent years?
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Post by curlywurly on Sept 16, 2019 14:04:41 GMT
The only "fans" bit of the ownership will be the 8% stakeholding they currently have which has absolutely no influence whatsoever and does very little anyway and I doubt if it will change under any new ownership. Come on, it gets us the font of all knowledge, trusty lieutenant and paragon of communication that is our Supporters Club director.
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Post by gashead1981 on Sept 16, 2019 16:04:03 GMT
The only "fans" bit of the ownership will be the 8% stakeholding they currently have which has absolutely no influence whatsoever and does very little anyway and I doubt if it will change under any new ownership. Come on, it gets us the font of all knowledge, trusty lieutenant and paragon of communication that is our Supporters Club director. Well now you come to mention it...
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Post by curlywurly on Sept 16, 2019 16:12:53 GMT
Come on, it gets us the font of all knowledge, trusty lieutenant and paragon of communication that is our Supporters Club director. Well now you come to mention it... In all seriousness, I am anticipating that the Resolution of removal of pre-emption rights and Resolution of allotment of securities passed on 11th June will enable the further dilution of the 8% stakeholding.
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Post by Deleted on Sept 16, 2019 16:38:58 GMT
Well now you come to mention it... In all seriousness, I am anticipating that the Resolution of removal of pre-emption rights and Resolution of allotment of securities passed on 11th June will enable the further dilution of the 8% stakeholding.
FFS. Are you telling me that my 5x10p Shares in BRFC will be going down in value? That's my early retirement funding gone for a burton then.
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Post by gregsy on Sept 16, 2019 16:41:14 GMT
Simple question....
Can someone say what the share value was (or was intended to be). And what it is now?
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Post by matealotblue on Sept 16, 2019 16:49:42 GMT
In all seriousness, I am anticipating that the Resolution of removal of pre-emption rights and Resolution of allotment of securities passed on 11th June will enable the further dilution of the 8% stakeholding.
FFS. Are you telling me that my 5x10p Shares in BRFC will be going down in value? That's my early retirement funding gone for a burton then. Why are we giving money to another football club....?😀
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Post by curlywurly on Sept 16, 2019 16:54:36 GMT
In all seriousness, I am anticipating that the Resolution of removal of pre-emption rights and Resolution of allotment of securities passed on 11th June will enable the further dilution of the 8% stakeholding.
FFS. Are you telling me that my 5x10p Shares in BRFC will be going down in value? That's my early retirement funding gone for a burton then. Disclaimer Your investments are your responsibility
I do not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of my published material. You acknowledge that you use the information I provide at your own risk. Information, not advice or recommendations My publications do not offer investment advice and nothing in them should be construed as investment advice. Our publications provide information and education for investors who can make their investment decisions without advice. The information contained in our publications is not, and should not be read as, an offer or recommendation to buy or sell or a solicitation of an offer or recommendation to buy or sell any securities. Our publications are not, and should not be seen as, a recommendation to use any particular investment strategy.
Carry out your own independent research You should carry out your own independent research before making any investment decision. My publications do not take the specific needs, investment objectives and financial situation of any particular individual into consideration and any investments mentioned may not be suitable for you. You should not base any investment decision solely on the basis of the information that I publish. Carry out your own independent verification of facts and data The information I publish has been obtained from or is based on sources that I believe to be accurate and complete. Although reasonable care has been taken, I cannot guarantee the accuracy or completeness of any information. Any opinions that I publish may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any investment decisions.
Seek professional advice if required If you are unsure of any investment decision you should seek a professional financial advisor. Curlywurly is not a registered investment adviser and I do not provide investment advice or recommendations. I am not regulated by the Financial Conduct Authority.
Investment risks The value of shares can fall as well as rise. Dividend payments can fall as well as rise. Any information relating the to past performance of an investment or investment service is not a guide to future performance. Share prices may go down as well as up and you may not get back the original amount invested. You should not buy shares with money you cannot afford to lose.
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Post by Deleted on Sept 16, 2019 17:09:10 GMT
FFS. Are you telling me that my 5x10p Shares in BRFC will be going down in value? That's my early retirement funding gone for a burton then. Disclaimer Your investments are your responsibility
I do not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of my published material. You acknowledge that you use the information I provide at your own risk. Information, not advice or recommendations My publications do not offer investment advice and nothing in them should be construed as investment advice. Our publications provide information and education for investors who can make their investment decisions without advice. The information contained in our publications is not, and should not be read as, an offer or recommendation to buy or sell or a solicitation of an offer or recommendation to buy or sell any securities. Our publications are not, and should not be seen as, a recommendation to use any particular investment strategy.
Carry out your own independent research You should carry out your own independent research before making any investment decision. My publications do not take the specific needs, investment objectives and financial situation of any particular individual into consideration and any investments mentioned may not be suitable for you. You should not base any investment decision solely on the basis of the information that I publish. Carry out your own independent verification of facts and data The information I publish has been obtained from or is based on sources that I believe to be accurate and complete. Although reasonable care has been taken, I cannot guarantee the accuracy or completeness of any information. Any opinions that I publish may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any investment decisions.
Seek professional advice if required If you are unsure of any investment decision you should seek a professional financial advisor. Curlywurly is not a registered investment adviser and I do not provide investment advice or recommendations. I am not regulated by the Financial Conduct Authority.
Investment risks The value of shares can fall as well as rise. Dividend payments can fall as well as rise. Any information relating the to past performance of an investment or investment service is not a guide to future performance. Share prices may go down as well as up and you may not get back the original amount invested. You should not buy shares with money you cannot afford to lose.
Oh thanks. Now you tell me !
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