Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 22:26:16 GMT
Please answer me this one question because nobody else has been able to do so, without a buyer how will they get their money back? The only ways to get their money back without a buyer is turn the club into a profitable business or alternative wind-up and hope the proceeds from the mem. covers their loans. That's why finding a buyer is a good option for them. That's exactly the way I see it. Which do you think is the most likely outcome?
|
|
|
Post by pucklegas on Dec 27, 2019 22:28:10 GMT
We were miles away with our offer and missed the set deadline, to save face why dont we lock this thread until we get some rich new owner, it ain't happening.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 22:29:44 GMT
We were miles away with our offer and missed the set deadline, to save face why dont we lock this thread until we get some rich new owner, it ain't happening. But it wasn't "us" who was making the offer, I thought that much was in the public domain.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 22:30:14 GMT
The only ways to get their money back without a buyer is turn the club into a profitable business or alternative wind-up and hope the proceeds from the mem. covers their loans. That's why finding a buyer is a good option for them. That's exactly the way I see it. Which do you think is the most likely outcome? You know the answer...but I dare not say it.
|
|
|
Post by onedaygas83 on Dec 27, 2019 22:32:48 GMT
''I know how far this guy goes within the club and I trust his word. Obviously there is a small chance he could be wrong'' Con. Tra. Diction. no not a contradiction just stating that. Listen we are all gas and im feeding as much information I can without exposing people within the club and that's just facts
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 22:33:20 GMT
That's exactly the way I see it. Which do you think is the most likely outcome? You know the answer...but I dare not say it. Sadly I can't see any other outcome, sincerely hoping that we are wrong though.
|
|
|
Post by onedaygas83 on Dec 27, 2019 22:33:57 GMT
I remember putting a quid in a bucket for Bournemouth not so long ago and we are close to that now with our club believe me! Anyone can go to a bank and increase their overdraft rates which is what's happening to us. When they go we will be left in dire straits. They'll get their money back and laugh their way back to the dessert. Please answer me this one question because nobody else has been able to do so, without a buyer how will they get their money back? they will make the club go into liquidation
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 22:39:50 GMT
I remember putting a quid in a bucket for Bournemouth not so long ago and we are close to that now with our club believe me! Anyone can go to a bank and increase their overdraft rates which is what's happening to us. When they go we will be left in dire straits. They'll get their money back and laugh their way back to the dessert. Oh yeah Bournemouth, whatever happened to those guys?!
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 22:44:16 GMT
I remember putting a quid in a bucket for Bournemouth not so long ago and we are close to that now with our club believe me! Anyone can go to a bank and increase their overdraft rates which is what's happening to us. When they go we will be left in dire straits. They'll get their money back and laugh their way back to the dessert. Oh yeah Bournemouth, whatever happened to those guys?! Sadly during their financial demise they lost ownership of their ground which is currently causing them problems off the pitch. On the pitch they have shown us a clean pair of heels.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 22:51:42 GMT
Oh yeah Bournemouth, whatever happened to those guys?! Sadly during their financial demise they lost ownership of their ground which is currently causing them problems off the pitch. On the pitch they have shown us a clean pair of heels. Their financials weren’t the end of the world for them though. For every Bury there is a Bournemouth, just depends on whether there is a sugar daddy waiting in the wings With regards to us, I don’t think we need ITK’s hinting at what most of us can guess after weighing up the probabilities. Basically, our finances are up sh** creek while the Selfie King fiddles on the hillside just hoping that he has still got a job in football at the end of it all. I suspect the bloke is going to end up like an albatross round the club’s neck.
|
|
pirate
Forum Legend
Posts: 19,032
|
Post by pirate on Dec 27, 2019 22:52:05 GMT
I remember putting a quid in a bucket for Bournemouth not so long ago and we are close to that now with our club believe me! Anyone can go to a bank and increase their overdraft rates which is what's happening to us. When they go we will be left in dire straits. They'll get their money back and laugh their way back to the dessert. Oh yeah Bournemouth, whatever happened to those guys?! Over £60 million in debt with a wage bill of over £100 million.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 23:00:30 GMT
I remember putting a quid in a bucket for Bournemouth not so long ago and we are close to that now with our club believe me! Anyone can go to a bank and increase their overdraft rates which is what's happening to us. When they go we will be left in dire straits. They'll get their money back and laugh their way back to the dessert. Guesswork
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 23:00:47 GMT
Sadly during their financial demise they lost ownership of their ground which is currently causing them problems off the pitch. On the pitch they have shown us a clean pair of heels. Their financials weren’t the end of the world for them though. For every Bury there is a Bournemouth, just depends on whether there is a sugar daddy waiting in the wings With regards to us, I don’t think we need ITK’s hinting at what most of us can guess after weighing up the probabilities. Basically, our finances are up sh** creek while the Selfie King fiddles on the hillside just hoping that he has still got a job in football at the end of it all. I suspect the bloke is going to end up like an albatross round the club’s neck. I'm sure Bristol Rovers would survive in some guise. The hardest thing will be where the club would play if the owners called in their charge on the stadium after administration/liquidation.
|
|
|
Post by Gassy on Dec 27, 2019 23:05:47 GMT
I mean, this all makes total sense tbf.
Wael had an offer from UWE to buy the club but instead of getting the money and walking away with a profit, he decided to reject it and rack up debts of £3m per year.
It makes sense, because they’re frauds.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 23:06:41 GMT
Their financials weren’t the end of the world for them though. For every Bury there is a Bournemouth, just depends on whether there is a sugar daddy waiting in the wings With regards to us, I don’t think we need ITK’s hinting at what most of us can guess after weighing up the probabilities. Basically, our finances are up sh** creek while the Selfie King fiddles on the hillside just hoping that he has still got a job in football at the end of it all. I suspect the bloke is going to end up like an albatross round the club’s neck. I'm sure Bristol Rovers would survive in some guise. The hardest thing will be where the club would play if the owners called in their charge on the stadium after administration/liquidation. And that is what would do us in- we couldn’t play league football at Twerton could we? The only viable places to my mind would be Rodney Parade or Cheltenham and we couldn’t survive long term at either of those places without a bullet proof plan to return to Bristol pretty damn quick.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 23:06:45 GMT
I mean, this all makes total sense tbf. Wael had an offer from UWE to buy the club but instead of getting the money and walking away with a profit, he decided to reject it and rack up debts of £3m per year. It makes sense, because they’re frauds. I think that's a red herring and best ignored.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 23:07:16 GMT
''I know how far this guy goes within the club and I trust his word. Obviously there is a small chance he could be wrong'' Con. Tra. Diction. no not a contradiction just stating that. Listen we are all gas and im feeding as much information I can without exposing people within the club and that's just facts Thanks But i so wish you would not even bother at all
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 23:08:01 GMT
I'm sure Bristol Rovers would survive in some guise. The hardest thing will be where the club would play if the owners called in their charge on the stadium after administration/liquidation. And that is what would do us in- we couldn’t play league football at Twerton could we? The only viable places to my mind would be Rodney Parade or Cheltenham and we couldn’t survive long term at either of those places without a bullet proof plan to return to Bristol pretty damn quick. If we were liquidated then we wouldn't be a football league club.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 27, 2019 23:11:57 GMT
I'm sure Bristol Rovers would survive in some guise. The hardest thing will be where the club would play if the owners called in their charge on the stadium after administration/liquidation. And that is what would do us in- we couldn’t play league football at Twerton could we? The only viable places to my mind would be Rodney Parade or Cheltenham and we couldn’t survive long term at either of those places without a bullet proof plan to return to Bristol pretty damn quick. Strange that you should mention Newport. They were liquidated, lost their ground, started again at the bottom of the pyramid, played at Gloucester City's ground and eventually got back to playing in Newport and in the Football League. I watched them on Saturday and even managed a short chat to their DOF Lennie Lawrence. They were crap though.
|
|
|
Post by onedaygas83 on Dec 27, 2019 23:13:29 GMT
I mean, this all makes total sense tbf. Wael had an offer from UWE to buy the club but instead of getting the money and walking away with a profit, he decided to reject it and rack up debts of £3m per year. It makes sense, because they’re frauds. I think that's a red herring and best ignored. it only failed because he wants a percentage of the club and stay on as a shareholder
|
|