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Post by gasheadbatesy on Jan 16, 2020 22:50:10 GMT
I’ve considered this all day and had to go with no probably on reflection Since Wael quit the Jordanian fa. I always believed Wael had to make a success of us to further himself in the footballing world elite, and climb that corrupt (no link intended) fifa rankings. The reason he quit that venture was “to concentrate on Bristol Rovers”. How long ago was that? What has been achieved by “concentrating” so hard.
He has no ties to football other than us now. No ego to fill in the football world anymore after his buddy wasn’t elected to be fifa president.
Sad times at this club to be having a poll like this.
Radio brizzle won’t be cheerful before a balls even kicked Saturday afternoon, that’s for sure. (Didn’t want to say FACT)
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Post by Topper Gas on Jan 16, 2020 22:59:58 GMT
WarehamGas what evolution has there been off the pitch, the Mem is as bad as ever and grass grows ever longer at The Colony. Wael's ran up colossal debts against the Mem but if he quit tomorrow his legacy would be just a nice pitch and, sadly, that's about it to show for the £10m(?) spent since his arrival.
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Post by warehamgas on Jan 16, 2020 23:35:33 GMT
WarehamGas what evolution has there been off the pitch, the Mem is as bad as ever and grass grows ever longer at The Colony. Wael's ran up colossal debts against the Mem but if he quit tomorrow his legacy would be just a nice pitch and, sadly, that's about it to show for the £10m(?) spent since his arrival. Apologies if I wasn’t clear. I said that the AQs had said it would be evolution not revolution and that they wouldn’t throw money at us and that they had done what they said. By this I meant their comment about developing youth and development players which they have done. We do have a stronger youth policy which is about to start producing players for the first team after nearly two years. Well they haven’t thrown money at us, which I have no problem with. But what I didn’t say outright but most would have taken from my post is that we haven’t even had evolution have we? And your points about the Mem, the Colony, the debts and worries about what happens when the debts outweigh the assets I agree with. Indeed I had made them in my post. On this topic I think we are in agreement. UTG!
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Post by Deleted on Jan 17, 2020 0:02:26 GMT
They are the only owners we have and we are insolvent so we need them to keep us afloat.
Wael is haunted by his comments about a new ground,top class training facility and cat 2 academy. He raised hopes but has been unable to deliver the big stuff. However there is a huge list of improvements they have actually made at the club.
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Post by socrates on Jan 17, 2020 0:37:52 GMT
WarehamGas what evolution has there been off the pitch, the Mem is as bad as ever and grass grows ever longer at The Colony. Wael's ran up colossal debts against the Mem but if he quit tomorrow his legacy would be just a nice pitch and, sadly, that's about it to show for the £10m(?) spent since his arrival. The Mem is a better ground than its ever been. Other than that an average league 1 side and budget which equals our average league 1 attendance they haven’t brought us on really it’s just drifting. It’s not great we’re still waiting for the stadium we’ve been waiting for decades and the players are still waiting for a decent training ground but as of yet we’ve been promoted once and not yet relegated so they are +1 in that respect it is a results business after all. It’s not good but it could be so much worse, Mid table in league 1 with a non league ground. Need new owners with more cash to spend but I don’t blame the board for not going mad, if they are worth the reported 450 million then they’d have to spend half of that over the next 10 years to get us in the championship and keep us there with a new ground , new training ground etc and no way are they going to spend half of the entire families assets on Bristol Rovers. I don’t blame than for not doing that, we don’t need someone with half a billion and zero contacts and know how to create a club that can compete with the likes of Forest, West Brom, the arsonists , Sheffield weds we need a multi billionaire with contacts in the right places. If they did we might not even win promotion and still be in league 1 in that ten years. Rich underachievers, remind us of anyone ?
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Post by swissgas on Jan 17, 2020 2:57:45 GMT
It would be interesting to know how the journalist who gave the 450 million figure worked it out.
The stock market value of AJIB is 190 million with the family’s 29% stake worth about 55 million
The stock market value of METICO which owns the Four Seasons Amman hotel is 120 million with the family’s 27% stake worth about 32 million
But these are theoretical values because anyone trying to unload a 29% or 27% stake would cause the market price to fall significantly making the value a lot less.
We need to concentrate on Hani Al Qadi because he is the one faced with managing these two under performing businesses and at the same time trying to sort out the mess which has been created at Rovers. His overriding priority will be to get back as much of Dwane Sports money as possible so any deal which he does is unlikely to place any emphasis on Rovers interests either long or short term. We have to hope that whoever is negotiating with Hani will manage to reach an agreement which causes the minimum amount of harm to our club.
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Post by Hugo the Elder on Jan 17, 2020 7:48:09 GMT
It would be interesting to know how the journalist who gave the 450 million figure worked it out. The stock market value of AJIB is 190 million with the family’s 29% stake worth about 55 million The stock market value of METICO which owns the Four Seasons Amman hotel is 120 million with the family’s 27% stake worth about 32 million But these are theoretical values because anyone trying to unload a 29% or 27% stake would cause the market price to fall significantly making the value a lot less. We need to concentrate on Hani Al Qadi because he is the one faced with managing these two under performing businesses and at the same time trying to sort out the mess which has been created at Rovers. His overriding priority will be to get back as much of Dwane Sports money as possible so any deal which he does is unlikely to place any emphasis on Rovers interests either long or short term. We have to hope that whoever is negotiating with Hani will manage to reach an agreement which causes the minimum amount of harm to our club. The problem is, I dont particularly trust anyone anymore. I dont trust Hani not to just shaft us to get his money back and I dont trust anyone supposedly involved in brokering the FM deal. I genuinely get the impression we are f**ked either way so my answer to the OP is to say which party will do us the most harm. For that reason I still back our current owners.
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Post by warehamgas on Jan 17, 2020 9:51:38 GMT
WarehamGas what evolution has there been off the pitch, the Mem is as bad as ever and grass grows ever longer at The Colony. Wael's ran up colossal debts against the Mem but if he quit tomorrow his legacy would be just a nice pitch and, sadly, that's about it to show for the £10m(?) spent since his arrival. The Mem is a better ground than its ever been. Other than that an average league 1 side and budget which equals our average league 1 attendance they haven’t brought us on really it’s just drifting. It’s not great we’re still waiting for the stadium we’ve been waiting for decades and the players are still waiting for a decent training ground but as of yet we’ve been promoted once and not yet relegated so they are +1 in that respect it is a results business after all. It’s not good but it could be so much worse, Mid table in league 1 with a non league ground. Need new owners with more cash to spend but I don’t blame the board for not going mad, if they are worth the reported 450 million then they’d have to spend half of that over the next 10 years to get us in the championship and keep us there with a new ground , new training ground etc and no way are they going to spend half of the entire families assets on Bristol Rovers. I don’t blame than for not doing that, we don’t need someone with half a billion and zero contacts and know how to create a club that can compete with the likes of Forest, West Brom, the arsonists , Sheffield weds we need a multi billionaire with contacts in the right places. If they did we might not even win promotion and still be in league 1 in that ten years. Rich underachievers, remind us of anyone ? Can’t disagree with most of that socrates. But whenever I think about the AQs I always think why did they buy us if they weren’t going to do the ground and training ground development which may turn it into a money-making business? It’s totally bizarre for what is supposed to be savvy businessmen. If they did their due diligence they would have realised owning a lower league football club is like a bottomless pit with little chance to make money. If they didn’t do their due diligence then they are pretty clueless businessmen which I’m sure they are not. I guess the answer is someway in the middle and once the UWE went wrong they had no other plan and all they’ve done since is stabilise what we are without losing face. It just seems unlikely that we will achieve what we need with them still owning us. I hope I’m wrong. UTG!
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Post by Deleted on Jan 17, 2020 10:35:06 GMT
The Mem is a better ground than its ever been. Other than that an average league 1 side and budget which equals our average league 1 attendance they haven’t brought us on really it’s just drifting. It’s not great we’re still waiting for the stadium we’ve been waiting for decades and the players are still waiting for a decent training ground but as of yet we’ve been promoted once and not yet relegated so they are +1 in that respect it is a results business after all. It’s not good but it could be so much worse, Mid table in league 1 with a non league ground. Need new owners with more cash to spend but I don’t blame the board for not going mad, if they are worth the reported 450 million then they’d have to spend half of that over the next 10 years to get us in the championship and keep us there with a new ground , new training ground etc and no way are they going to spend half of the entire families assets on Bristol Rovers. I don’t blame than for not doing that, we don’t need someone with half a billion and zero contacts and know how to create a club that can compete with the likes of Forest, West Brom, the arsonists , Sheffield weds we need a multi billionaire with contacts in the right places. If they did we might not even win promotion and still be in league 1 in that ten years. Rich underachievers, remind us of anyone ? Can’t disagree with most of that socrates. But whenever I think about the AQs I always think why did they buy us if they weren’t going to do the ground and training ground development which may turn it into a money-making business? It’s totally bizarre for what is supposed to be savvy businessmen. If they did their due diligence they would have realised owning a lower league football club is like a bottomless pit with little chance to make money. If they didn’t do their due diligence then they are pretty clueless businessmen which I’m sure they are not. I guess the answer is someway in the middle and once the UWE went wrong they had no other plan and all they’ve done since is stabilise what we are without losing face. It just seems unlikely that we will achieve what we need with them still owning us. I hope I’m wrong. UTG! I don’t think it’s bizarre at all when you consider Wael’s football interest. The guy has a history of being a “hanger on”, as evidenced by his involvement with the Jordanian FA. He wants to move in football circles and be a “somebody”. Taking that into consideration *maybe* he just fancied owning a football club and his family bought him the cheapest one they could afford? As I’ve always said- if their main motivation for buying Rovers was the business opportunity via building the UWE then why were they a whisker away from taking over Gillingham who had no such prospects? Their switch from Gillingham to us smacks of them never having the finance/interest in building the UWE, rather a chance for Wael to own a cheap football club and build it up on a modest budget (because they never had the funds for anything more spectacular from the start) hence “evolution not revolution” from day one.
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Post by mjhgas on Jan 17, 2020 11:09:30 GMT
The lack of communication worries me!
Most fans should accept a reasoned approach to running the club. It should be done without debt and we end up where we end up.
If we can't afford a new ground, then tell us.
The chances of getting to the Championship and surviving are slim to nil.
That's modern football for you.
Take away the dream of promotion or a good cup run and football is done and dusted. It's why I don't go as often as I could.
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Post by warehamgas on Jan 17, 2020 13:41:48 GMT
Can’t disagree with most of that socrates. But whenever I think about the AQs I always think why did they buy us if they weren’t going to do the ground and training ground development which may turn it into a money-making business? It’s totally bizarre for what is supposed to be savvy businessmen. If they did their due diligence they would have realised owning a lower league football club is like a bottomless pit with little chance to make money. If they didn’t do their due diligence then they are pretty clueless businessmen which I’m sure they are not. I guess the answer is someway in the middle and once the UWE went wrong they had no other plan and all they’ve done since is stabilise what we are without losing face. It just seems unlikely that we will achieve what we need with them still owning us. I hope I’m wrong. UTG! I don’t think it’s bizarre at all when you consider Wael’s football interest. The guy has a history of being a “hanger on”, as evidenced by his involvement with the Jordanian FA. He wants to move in football circles and be a “somebody”. Taking that into consideration *maybe* he just fancied owning a football club and his family bought him the cheapest one they could afford? As I’ve always said- if their main motivation for buying Rovers was the business opportunity via building the UWE then why were they a whisker away from taking over Gillingham who had no such prospects? Their switch from Gillingham to us smacks of them never having the finance/interest in building the UWE, rather a chance for Wael to own a cheap football club and build it up on a modest budget (because they never had the funds for anything more spectacular from the start) hence “evolution not revolution” from day one. Perhaps and that could be the reason. But that was what I was saying in my first post wasn’t it? It appears to be a “toy” to amuse Wael with no serious intent to provide what we needed. But I still think it’s bizarre that anyone would do that because they are in a hole now with the equity if the Mem rapidly disappearing and they dont seem to have a plan hence I think it is bizarre. My dad never would never have done that, the nearest to that I got was a subbuteo team at Christmas! 😉 UTG!
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Post by Deleted on Jan 17, 2020 14:08:07 GMT
I don’t think it’s bizarre at all when you consider Wael’s football interest. The guy has a history of being a “hanger on”, as evidenced by his involvement with the Jordanian FA. He wants to move in football circles and be a “somebody”. Taking that into consideration *maybe* he just fancied owning a football club and his family bought him the cheapest one they could afford? As I’ve always said- if their main motivation for buying Rovers was the business opportunity via building the UWE then why were they a whisker away from taking over Gillingham who had no such prospects? Their switch from Gillingham to us smacks of them never having the finance/interest in building the UWE, rather a chance for Wael to own a cheap football club and build it up on a modest budget (because they never had the funds for anything more spectacular from the start) hence “evolution not revolution” from day one. Perhaps and that could be the reason. But that was what I was saying in my first post wasn’t it? It appears to be a “toy” to amuse Wael with no serious intent to provide what we needed. But I still think it’s bizarre that anyone would do that because they are in a hole now with the equity if the Mem rapidly disappearing and they dont seem to have a plan hence I think it is bizarre. My dad never would never have done that, the nearest to that I got was a subbuteo team at Christmas! 😉 UTG! Hahaha! Yeah I guess that’s literally it: the Jordanian version of a subbuteo set for Christmas! Ah I see what you mean now. The logical explanation, to my mind, is that either the family didn’t do their due diligence (not just on Rovers but in general about the costs of owning a lower league football club) or Wael sold them a fantasy of how it would play out long term. Developing players and selling them on for big profit etc. He certainly talked big about an academy so that lends credence to the proposition that Wael was heavily invested in fantasy rather than reality and that having such a costly academy their focus long term was on sustainability through youth. I believe the training ground was canned after they all realised the *actual* costs and it all snowballed from there. Initially Wael was allowed to use some of the equity to support Clarke’s vision for Rovers and it’s clear that Clarke spent heavily beyond our means. Since DC left it’s been a gradual cost cutting exercise as the family have realised it’s all getting out of control and they just can’t afford us. So in summary I think it’s a fair supposition that the motive was for Wael to have his own football team to Lord it over and the reasoning was that it wouldn’t cost the family much money: they could finance the team and build an academy on a budget. All total fantasy and then, belatedly, the reality has hit home and they now need to get out whilst recouping their outlay.
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Post by Westy on Jan 17, 2020 15:11:11 GMT
Maybe a few song requests to the man on the mic I said wael - what's going on? Take a Wael-k on the Wild Side
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Post by Kingswood Polak on Jan 17, 2020 17:35:46 GMT
If the poll results are anything to go by the fans deserve all they get which which be the square route of f**k all. What's the alternative though? Clearly a new training ground and stadium would drive us massively forward in many respects but seems a tad unreasonable to expect anyone to plow in millions at their own risk in what's effectively a gamble at securing mid to long term Championship football. We're being funded at the level you would expect a mid L1 team and I can understand why they would be very reluctant to invest more at this point. It's easy for us as supporters to demand this and that but ultimately it's not our capital that's at risk. When you look at the likes of Bury, Macclesfield etc and seemingly the ticking time bomb sat in many lower league clubs, I think it's unfair to be too critical of owners who are signing players and allowing us to compete at this level. The counter argument is that given our losses, the responsible thing would be to hugely cut back and effectively surrender our L1 status in an attempt to make the club sustainable in the short term. I suspect that wouldn't be the most popular move though. But who first told us that we would have the training ground & academy ? You have to expect some flak if you make those statements but don’t deliver
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Post by pucklegas on Jan 17, 2020 22:23:20 GMT
Stick or twist this forum has made me indecisive, who knows no more itk ers to assist 😂
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Post by Antonio Fargas on Jan 17, 2020 23:42:57 GMT
I said wael - what's going on? Take a Wael-k on the Wild Side Wael, the Gasheads gently weep.
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Post by toddy1953 on Jan 18, 2020 0:25:10 GMT
Take a Wael-k on the Wild Side Wael, the Gasheads gently weep. Gently Weep? Gently Weep? - For Crying Out Loud
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Post by Westy on Jan 18, 2020 3:40:22 GMT
Wael, the Gasheads gently weep. Gently Weep? Gently Weep? - For Crying Out Loud Some of these are Waely, Waely good
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Post by Deleted on Jan 18, 2020 4:34:27 GMT
So 54 in favour, 59 undecided, 53 against.
Reminds me of a song.....Stealers Wael - Stuck in the middle
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Post by blueridge on Jan 18, 2020 7:00:00 GMT
So 54 in favour, 59 undecided, 53 against. Reminds me of a song.....Stealers Wael - Stuck in the middle Can’t understand how so many can still be undecided (Sitting on the (fence) Dock of the Bay) after nearly four years.
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