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Post by chippenhamgas on Jul 27, 2022 20:43:00 GMT
Wael's owned the club one way or another for 5 years, it's pretty clear he headed the failed UWE talks, if the argument is that Hani wouldn't sign the deal off then why hasn't Wael reopened negotiations in the last 2 years as nothing else seems to have been built on the land. What I don't get is how fans can say give him time, f off if you want an update etc, when are fans actually going to demand answers, another 5 years, 10 years or simply never as watching games at the Mem is a good day out? What does "demanding answers" achieve? It's a complex problem. Chucking toys out of prams doesn't make the stadium get planned/built any quicker. These things can take decades. Doesn't seem to be complex for other clubs. |
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Post by Colyton Gas on Jul 27, 2022 20:44:47 GMT
Watching the cricket tonight live on TV,County Ground totally changed since I last went there.Not far from the Mem at all.Looks like a full house.
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Post by chippenhamgas on Jul 27, 2022 20:46:22 GMT
Yes other clubs in all sports move forward.
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Post by Big Jock on Jul 27, 2022 20:56:29 GMT
Yes other clubs in all sports move forward. Admit it yer one of those child’s toys yous pull th cord on like Woody from Toy Story an yous got 4 or 5 recorded mutterings 😂 Pull th cord: ”yes other clubs move forward Buzz” ”Doesn't seem to be complex for other clubs Jessie” ”You should not be allowed to play in the 5th best league in the world with tents Slinky” “And there will still be people saying be thankful we still have a club to support, you’re ma favourite deputy”” “Never gonna happen, its a convenient smokescreen, damn - I’ve got a snake in ma boot!” |
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Post by eric on Jul 27, 2022 20:58:29 GMT
Yes other clubs in all sports move forward. Admit it yer one of those child’s toys yous pull th cord on like Woody from Toy Story an yous got 4 or 5 recorded mutterings 😂 Pull th cord: ”yes other clubs move forward Buzz” ”Doesn't seem to be complex for other clubs Jessie” ”You should not be allowed to play in the 5th best league in the world with tents Slinky” “And there will still be people saying be thankful we still have a club to support, you’re ma favourite deputy”” “Never gonna happen, its a convenient smokescreen, damn - I’ve got a snake in ma boot!” Surely there’s another one for the housing estate Wael is planning to build on the Quarters 🤣 |
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Post by bidefordgas on Jul 27, 2022 21:06:33 GMT
Yes other clubs in all sports move forward. Going to the Mem on Saturday chippenham? |
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Post by eric on Jul 27, 2022 21:09:08 GMT
Yes other clubs in all sports move forward. Going to the Mem on Saturday chippenham? He’ll be there hoping we lose. |
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Post by Deleted on Jul 27, 2022 21:10:17 GMT
The guy is a board member, joint owner of a National Bank ( Bank of Jordan) as I understand It.
Clearly this won’t be listed at Companies House to check net worth and assets, liabilities and all that stuff.
I am sure as a part owner of a National Bank, unless it’s had a run on its cash reserves or gold stock pile. He is more than capable of raising funds from his client data base to fund something a bit more comfortable than the Mem ( I still love the ground by the way ❤️)
It has to be a financial conundrum, funding if it is to believed 3 million a year, that is not sustainable. However the investment to date is worth the gamble. These guys live for the risk / reward, perhaps just taking a little longer than planned.
Make no mistake their is an exit strategy in place, and now is not the time. Balance the books make a big profit with a high value team and Stadium and that will be Wael done.
Until that time cut the bloke some slack. Bottom line he will want to make a profit from this venture, and until that time arrives he will thank us for our support and hand the keys to the next profiteer.
Football is a long way from capping opportunity for extremely wealthy ownership entities. There is plenty of opportunity for owners to make money from football clubs more now than ever.
Wael family bought into it, and will continue, just hope the next owner which will happen is as passionate.
Barca has gambled if it’s to be believed the next 25 years Domestic TV rights to spend money just this season.
We aren’t as big clearly, but the same principle, how do we get to that exit strategy.
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Post by Topper Gas on Jul 27, 2022 21:21:42 GMT
Wael's simply a shareholder in the AJIB (not sure where you get the idea it's a National Bank from?) he doesn't own it nor are is his family combined even the majority shareholders, I believe SwissGas worked out his share holdings value and it was "only" in the £100m's.
As far as making a return on his investment how's Wael ever going to do that without spending another £50m/£75m on a new stadium and the club also getting promoted to the Championship? Even then he'll do well to even recover his £100m+ outlay.
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Post by Topper Gas on Jul 27, 2022 21:24:03 GMT
Going to the Mem on Saturday chippenham? He’ll be there hoping we lose. It's strange logic that a fan wanting us to build a new stadium also wants us to lose? You could argue that fans content for us to stay at the Mem never want us to really progress as a football club. |
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Post by eric on Jul 27, 2022 21:27:28 GMT
He’ll be there hoping we lose. It's strange logic that a fan wanting us to build a new stadium also wants us to lose? You could argue that fans content for us to stay at the Mem never want us to really progress as a football club. It’s not that strange a conclusion when someone only ever posts negative stuff and spouts weird conspiracy theories. I would say 100% of fans want a brand new stadium or totally revamped Mem but in the meantime still support and back the club. |
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Post by warehamgas on Jul 27, 2022 21:39:05 GMT
Yes other clubs in all sports move forward. Admit it yer one of those child’s toys yous pull th cord on like Woody from Toy Story an yous got 4 or 5 recorded mutterings 😂 Pull th cord: ”yes other clubs move forward Buzz” ”Doesn't seem to be complex for other clubs Jessie” ”You should not be allowed to play in the 5th best league in the world with tents Slinky” “And there will still be people saying be thankful we still have a club to support, you’re ma favourite deputy”” “Never gonna happen, its a convenient smokescreen, damn - I’ve got a snake in ma boot!” I can see why you might say this BJ, but there is another side to it. Some of those who are happy or less critical after 6 years also have their sayings.... .... *uck off and support another club. .... You’re not a true supporter, probably a sh**head. .... You should be glad you’ve still got a club. and more. I would have thought that the forum is the place to discuss the ground stuff, without the daft insults. And just because some have started to question our leaders about the progress, lack of progress, lack of communication and don’t just accept the status quo doesn’t mean they are any less of a fan. So, I love the Toy Story analogy Big Jock and I’ll just add a couple of my own favourites. I had hoped Wael was going to help us “reach for the sky,” and not that “we’re just a child’s play thing.” Time will tell. UTG! |
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Post by warehamgas on Jul 27, 2022 21:40:55 GMT
Going to the Mem on Saturday chippenham? He’ll be there hoping we lose. Don’t be silly. You’re better than that eric. Why would he be hoping we lose? He has a different opinion about an aspect of BRFC. Doesn’t make him any less of a fan! Jeez. UTG! |
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Post by eric on Jul 27, 2022 21:53:35 GMT
He’ll be there hoping we lose. Don’t be silly. You’re better than that eric. Why would he be hoping we lose? He has a different opinion about an aspect of BRFC. Doesn’t make him any less of a fan! Jeez. UTG! Everyone is desperate for positive news and progress towards a better stadium but in the meantime continue to support the club. The odd few just want to post negative stuff constantly which as you can see winds me up. Perhaps I’m the only one fed up with hearing constant negativity after a great ending to last season. |
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Post by gas2 on Jul 28, 2022 2:45:38 GMT
To me, the main clue that nothing is happening is that nothing has happened for 6 years and there has been a virtually total news blackout for 3. If there was good news to announce, it would be announced. Anyway TG himself has said the club are looking at other sites, so clearly nothing is happening at the FM and probably not elsewhere. I expect I'll be told to f*ck off and support another club for saying this. You could be right but for 2 of the last 3 years the economy and Covid etc has had a major impact meaning pretty much all building activity was delayed or put on hold. Re TG looking at other sites - that’s just good business acumen to make sure you have options, don’t get put over a barrel and hold a strong negotiating hand. It doesn’t necessarily mean nothing is happening though.... reality is, no one actually knows.... Prior to the last couple of years we had UWE which we pulled out from and then it naturally would take some time to commence new searches etc as well as the change in ownership holdings so in reality, whilst 6 years sounds long, has there realistically been that much time to do anything? Ant believe you said about building work not going on just look around Bristol loads of offices homes being built I think you need new glasses |
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Post by Gastafari on Jul 28, 2022 8:15:14 GMT
Have the plans changed? I thought Brabazon was going to be over 17,000 making it the third largest venue in the country, after the O2 and MEN. 17,000 is nothing. Do you think pink Floyd or guns and roses would play to that? It'll be the 3rd biggest indoor Arena in the country.
Bristol has Ashton Court or The Downs which are big enough to hold festivals or terrible bands like Guns N Roses/Metallica
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Post by daniel300380 on Jul 28, 2022 8:28:56 GMT
Wael's simply a shareholder in the AJIB (not sure where you get the idea it's a National Bank from?) he doesn't own it nor are is his family combined even the majority shareholders, I believe SwissGas worked out his share holdings value and it was "only" in the £100m's. As far as making a return on his investment how's Wael ever going to do that without spending another £50m/£75m on a new stadium and the club also getting promoted to the Championship? Even then he'll do well to even recover his £100m+ outlay. Swiss gas was guessing though. They have hotels etc all over the place, as well as banks etc. But they are private people, so nobody knows how much they are worth. When they took over, a Jordanian reporter said that they were well known to be minted, but nobody knows how much they have. She said about the hotels as well as a lot of other business they have, all over the world. He has plenty of contacts anyway, in sure he could generate finance from somewhere, for the right project. |
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Post by Quarters on Jul 28, 2022 8:38:17 GMT
I recall that the club said they would not be looking for outside investment for developing a new stadium.
There have been rumours of others wanting to get involved, obviously as rumours we have no idea if that would be good or bad for the club.
Still with no official statements coming out all we can do is accept that all is good for the club.
We have no idea really.
And for some on here there is a view that we should accept this and shut-up.
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Post by darkbluegas on Jul 28, 2022 9:04:37 GMT
It's strange how this is such a divisive discussion. As fans/customers everyone is entitled to have their say in how the club progresses.
Essentially I imagine we're all generally grateful for the work Wael's done at the club. Without the excitement of new owners I imagine the disappointment of the UWE failure would have been too much to bear for many.
Having Wael at tbe helm was reassuring during covid as he seemed committed to seeing us through a very difficult financial situation and come out fighting.
He is though doing this for his for his own pleasure, kudos and maybe some financial gain, although that's his gamble. There's absolutely nothing wrong with that of course. It's the same with lansdown in tbe other place.
I honestly believe the stadium issue has been mishandled since we moved to Bath. I'm sure it was prior to that but I have less personal knowledge of the circumstances. I still believe it is now.
However I think Wael is operating in a very difficult environment where he can't compete with other developers regarding land values in the area.
That won't change anytime soon. Bristol is almost unique in the country in having almost never built a recognised national or even regional facility for public use. There's clearly something amiss and I can't imagine how Wael will change that. Its going to take far more imagination to resolve our stadium issue than we've seen before.
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Post by gashead1981 on Jul 28, 2022 9:13:23 GMT
You are always the voice of reason axe. 👍 I agree with you in so many ways. And had it not been for what’s happened to the capacity over the past 3/4 years perhaps I’d agree now. I think a capacity of 12,500 would be fine. But the constant lowering of the capacity has bitten and will continue to be a problem. I like the Mem like you but we will be trapped in this cycle of League 1 optimism/ League 1 relegation/ Promotion from League 2 / League 1 struggles/ Eventual relegation..... People talk about us having to live within our means, I’m afraid that would probably mean missing out on the promotion from League 2 in the above cycle at the moment. Our “means” are probably getting less and the cost of being in League 1 is going up. I’ve kept quiet about the ground stuff for a long time but we’ve had 6 years of Wael and I like much of what he’s done but the ground is a major problem and needs sorting. I don’t think that after 6 years it’s too much to start asking questions. (Esp given what Wael said in Feb ‘16 on taking over.) Others perhaps disagree. UTG! It’s been a vicious circle since we left Eastville and have either not had permission ( magotsfield) or pulled out. With the UWE the4 papers were saying that the UWE people were surprised that we did not come back to the table. But doing nothing makes the mem 10x worse (which was the philosophy pre 2016), helps us lose even more money and doesnt better any of the experience about going to watch Rovers. Its kinda like saying I need a new house and will move in 5 years, all the kitchen doors are hanging off, a window is broken and i cant lock the front door, so ill leave it all. Some general maintainence will give you the better experience of living in the house and save you some money on heat, security etc. So if we are 5 years from a new stadium as a minimum, its worth doing some investment in what we currently own, especially if it helps minimise the losses, which is the other drum that gets banged quite regularly, especially on the other forum. Already on this thread it generates comments like, how long will wael continue to write off £3m? Well if thats reduced to £2m with some clever investment and marketing then its worth doing. Especially if its cost neutral to begin with, like the club shop, sorry superstore, for example. We did come back to the UWE table, but UWE did not want to renegotiate their terms for lease of the land to a freehold site. |
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