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Post by lympstonegas on Aug 1, 2023 8:05:10 GMT
Well done mate Even respect for you by some on OTIB 😂
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Post by Gasshole on Aug 1, 2023 8:13:49 GMT
I can still recite the whole advert, word perfectly. Oh dear....🫣 It's like recently for some reason I have the following in my head.... "The red car and the blue car had a race....." If you didn’t buy the product Marketing have failed
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Post by Hugo the Elder on Aug 1, 2023 8:14:53 GMT
I think no one knows if this is a neutral, good or very good thing. For Wael it makes sense as the financial liability is then shared with someone else and gives more financial backing. How much money filters through to rovers will remain to be seen but we have to assume that this will put Rovers in a more stable financial position. I think Wael has been great for the club and he has learnt a lot along the way, it's a good thing he will remain in place. Neutral, good or very good? I'm sure Swiss is drafting a message as we speak with a 4th option of "Disaster".
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Post by Hugo the Elder on Aug 1, 2023 8:16:11 GMT
It's like recently for some reason I have the following in my head.... "The red car and the blue car had a race....." If you didn’t buy the product Marketing have failed I can still recite the Um-Bongo advert but have never drank it. Fight the power!
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Post by eric on Aug 1, 2023 8:23:29 GMT
If you didn’t buy the product Marketing have failed I can still recite the Um-Bongo advert but have never drank it. Fight the power! Do they drink it in the Congo?
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Post by Gasshole on Aug 1, 2023 8:23:51 GMT
If you didn’t buy the product Marketing have failed I can still recite the Um-Bongo advert but have never drank it. Fight the power! I drank enough for both of us 🤪
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Post by Quarters on Aug 1, 2023 8:31:15 GMT
The hope is that it is all connected to the new stadium.
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Post by stuart1974 on Aug 1, 2023 8:36:51 GMT
I think no one knows if this is a neutral, good or very good thing. For Wael it makes sense as the financial liability is then shared with someone else and gives more financial backing. How much money filters through to rovers will remain to be seen but we have to assume that this will put Rovers in a more stable financial position. I think Wael has been great for the club and he has learnt a lot along the way, it's a good thing he will remain in place. Neutral, good or very good? I'm sure Swiss is drafting a message as we speak with a 4th option of "Disaster". He'll claim Wael has done precisely what he suggested a couple of years ago, turn the debt into equity to make us more attractive for investors and accept a minority share holding. If only he listened about forgetting The Quarters and rented a rugby pitch in Cribbs, surrounded by a 1,000 home building site instead. 😉
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Post by lympstonegas on Aug 1, 2023 8:38:16 GMT
I'm not getting excited until the Evening Post tells us how much the new owner's watch is worth. You’ve obviously spent too much time on OTIB Tilly😂
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Post by fatherbrown on Aug 1, 2023 8:39:34 GMT
I think no one knows if this is a neutral, good or very good thing. For Wael it makes sense as the financial liability is then shared with someone else and gives more financial backing. How much money filters through to rovers will remain to be seen but we have to assume that this will put Rovers in a more stable financial position. I think Wael has been great for the club and he has learnt a lot along the way, it's a good thing he will remain in place. Neutral, good or very good? I'm sure Swiss is drafting a message as we speak with a 4th option of "Disaster". Swiss should be happy and celebrating today, 1st August is Swiss National Day.
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Post by bushlander on Aug 1, 2023 8:45:06 GMT
I think a few doubters owe you an apology here! Cracking bit of itk!
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Post by gasmania on Aug 1, 2023 8:52:22 GMT
Fair play mate, and thank you for sharing yesterday! Gave us a chance to have a pre reaction get us prepared haha imagine if this just dropped fully from no where 😂
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Post by gasmania on Aug 1, 2023 8:56:04 GMT
The hope is that it is all connected to the new stadium. The Bristol post article suggests talks for this deal have been going on for around a year and that this new investor has been part of the new stadium discussions.
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Post by yattongas on Aug 1, 2023 8:57:02 GMT
Neutral, good or very good? I'm sure Swiss is drafting a message as we speak with a 4th option of "Disaster". Swiss should be happy and celebrating today, 1st August is Swiss National Day. I was in Interlaken last yr for this , watched really good parade go through the town . 😃
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Post by gulfofaden on Aug 1, 2023 8:58:03 GMT
An 82er mate of mine reckons we may be getting new investors from the Middle East. Just passing on the message and he's normally bang on with stuff, so please don't shoot the messenger. Just to clarify 'investors' (ie pump money into stadium, squad, club) or new 'owners' ? Usually the same thing. If it isn’t, it would be a creditor.
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Post by GasAttacK on Aug 1, 2023 9:07:38 GMT
The article also says "Additional investment is expected to be provided for the playing budget, including in the current transfer window." Is that guesswork by the Bristol Post or fact? Either way it would seem the deal is practically done subject to EFL approval. Hopefully we'll find out a bit more about them soon. You'd like to think we're going to be better off but how much remans to be seen.
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Post by Gaswood on Aug 1, 2023 9:25:16 GMT
The article also says "Additional investment is expected to be provided for the playing budget, including in the current transfer window." Is that guesswork by the Bristol Post or fact? Either way it would seem the deal is practically done subject to EFL approval. Hopefully we'll find out a bit more about them soon. You'd like to think we're going to be better off but how much remans to be seen. Announce JCH! *Joking - before anyone goes off on one!*
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Post by gasmania on Aug 1, 2023 9:31:16 GMT
Anyone else holding their excitement for a bit until we find out more about the new investor/owner? Feels like when Wael and family took over it was pretty easy to see where the wealth came from and who they were etc.
Anyone managed to find anything on this guy? (Apologies if already mentioned)
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Post by fatherbrown on Aug 1, 2023 9:31:23 GMT
Swiss should be happy and celebrating today, 1st August is Swiss National Day. I was in Interlaken last yr for this , watched really good parade go through the town . 😃 We Swiss don't do things by half's, hope you enjoyed Interlaken, and you've got over the prices there. UTG
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Post by daniel300380 on Aug 1, 2023 9:35:55 GMT
I think this has always been the plan for Wael, unsurprisingly given his former / family profession. I expect the reason he has invested above and beyond throughout the previous years is not just a love of the club, but to increase its value for this kind of equity raise to take place. He will benefit financially from the sale of those shares so not completely selfless and probably more than recoups his losses (total guess though). However, what is interesting is his determination to stay involved in a big way. Clearly he does want to be here and wants to play a part. Whether that’s an ego boost, or through love of the club, it’s probably a little of both. But having someone we already know and trust involved, as a bit of a link between the money men and the club, can only be a good thing imo. It will be interesting to learn more about what kind of wealth the new investors have. If I were a betting man I’d suggest they are gonna be pretty minted! I doubt he will even get his money back. He paid off around £20 million of debts and the debts would have built up again since then. Say it's around £25-30 million now, plus what he paid for the club in the first place. Is anyone paying more than that much for a 55% stake. If we build the fruit market, he might get his money back long term, but I doubt he will get anything near that at the moment.
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