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Post by DrFaustus on Aug 1, 2023 10:56:48 GMT
NOT ITK but a bit of digging seems to suggest Kuwait as a whole is looking at a Saudi PIF equivalent for the future, with a view promoting the country outside the Arab world. Whilst we'd be a long way down any list of things to spend the petrobillions on, it does make you think about the future funding of all sorts of things. Who knows what will happen, but fingers crossed it's good. Out of the six GCC countries, Kuwait is probably the one people know least about. It certainly doesn’t really have any tourism push . Although in the past nor did Saudi (other than the religious trips to Mecca). Now it’s going all out on tourism development. Kuwait is a dismal country. There's nothing to see, unless you want to see migrant workers treated like 4th class citizens, or want to see a beautiful beach by the Gulf with nobody on it, because of backward laws about "exposure", or want to see people so reliant on oil money, they accept the oppressive one party rule. Don't go there if you're gay, a women, from South Asia,or fancy a drink. Absolute dump of a place and yes,I have been there (unfortunately) with work.
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Post by RD on Aug 1, 2023 10:57:21 GMT
By all accounts many have shown interest & been shown the door, Wael wouldn’t hand over 55% to any old dude. It seems he now has his man. Excited to see what will be bought to the table & how we progress from here. Starting with a solid start to the season, hopefully. This. By the sounds of it, Wael has had plenty of opportunities to cash out. The fact he's taken this one makes me believe he truly believes this guy is the real deal. Of course he could be wrong, but it is nonetheless reassuring. Most reassuring of all though is that Wael retains a controlling stake. If he had been completely handing over the reigns, we'd have all been pretty nervous now, with literally no idea which way it could go. This way, I'm confident certain things like our identity, genuinely wanting the best for the club etc should all be protected - and that's the main thing. So, yes - no guarantee it couldn't all go pear shaped, but in terms of nervousness vs. excitement around this news, I'm definitely leaning far, far more toward the latter!! UTG!!!!!
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Post by RD on Aug 1, 2023 10:58:07 GMT
Out of the six GCC countries, Kuwait is probably the one people know least about. It certainly doesn’t really have any tourism push . Although in the past nor did Saudi (other than the religious trips to Mecca). Now it’s going all out on tourism development. Kuwait is a dismal country. There's nothing to see, unless you want to see migrant workers treated like 4th class citizens, or want to see a beautiful beach by the Gulf with nobody on it, because of backward laws about "exposure", or want to see people so reliant on oil money, they accept the oppressive one party rule. Don't go there if you're gay, a women, from South Asia,or fancy a drink. Absolute dump of a place and yes,I have been there (unfortunately) with work. Fk. That makes so much sense. Genius play from Wael. He must have arrived at the Mem and thought "my word - what is this absolute palace of a stadium?"
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Post by Qatar Gas on Aug 1, 2023 11:00:38 GMT
I can’t wait to see people trying to buy Kuwait flags and end up with a UAE, Sudan or Palestine flag instead (they all look so similar)
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Post by bidefordgas on Aug 1, 2023 11:00:55 GMT
Might be wrong but I thought that was under Higgs It was!
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Post by Henbury Gas on Aug 1, 2023 11:02:48 GMT
Out of the six GCC countries, Kuwait is probably the one people know least about. It certainly doesn’t really have any tourism push . Although in the past nor did Saudi (other than the religious trips to Mecca). Now it’s going all out on tourism development. Kuwait is a dismal country. There's nothing to see, unless you want to see migrant workers treated like 4th class citizens, or want to see a beautiful beach by the Gulf with nobody on it, because of backward laws about "exposure", or want to see people so reliant on oil money, they accept the oppressive one party rule. Don't go there if you're gay, a women, from South Asia,or fancy a drink. Absolute dump of a place and yes,I have been there (unfortunately) with work. worked with a few of their military when working for British Aerospace. Most of them had a lift that did not quite go to the top floor but very friendly bunch
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Post by poorblue on Aug 1, 2023 11:19:12 GMT
Earlier yesterday when this was a rumour someone stated the Teds were aware and the source of the rumour. Guessing then that as they are up for sale, the Kuwaiti looked at them, disliked their disjointed out of own stadium and thought I might as well have a nice new intown easy access purpose built state of the art stadium.
Back to the old saying there is only one team in bristol UTG
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Post by kruger on Aug 1, 2023 11:23:07 GMT
Earlier yesterday when this was a rumour someone stated the Teds were aware and the source of the rumour. Guessing then that as they are up for sale, the Kuwaiti looked at them, disliked their disjointed out of own stadium and thought I might as well have a nice new intown easy access purpose built state of the art stadium. Back to the old saying there is only one team in bristol UTG They want to buy into a football club with history not a so called umbrella company that play in a rugby ground and only been around since 1982
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stuart1974
Proper Gas
Posts: 12,354
Member is Online
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Post by stuart1974 on Aug 1, 2023 11:28:10 GMT
Earlier yesterday when this was a rumour someone stated the Teds were aware and the source of the rumour. Guessing then that as they are up for sale, the Kuwaiti looked at them, disliked their disjointed out of own stadium and thought I might as well have a nice new intown easy access purpose built state of the art stadium. Back to the old saying there is only one team in bristol UTG They want to buy into a football club with history not a so called umbrella company that play in a rugby ground and only been around since 1982 Even accepting their antecedents and discounting our 10 year Bath exile, we've still been playing in Bristol for longer. 🤗
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Post by rovers5charlton5 on Aug 1, 2023 11:36:53 GMT
This is not the club I recognise. I'm fairly sure you only ever saw what any previous owner wanted you to see. What has a person's nationality got to do with their honesty and decency? There are plenty of British people I wouldn't trust running football clubs.
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Post by toggsy2 on Aug 1, 2023 11:39:23 GMT
I can still recite the whole advert, word perfectly. Oh dear....🫣 Me too - I've got all the moves as well. I can just see you and Stuart doing the moves which is a worrying thought
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Post by lavalamp on Aug 1, 2023 12:31:15 GMT
This is not the club I recognise. I'm fairly sure you only ever saw what any previous owner wanted you to see. What has a person's nationality got to do with their honesty and decency? There are plenty of British people I wouldn't trust running football clubs. Good to see my act of sarcasm worked well. 🤦♂️ I'll get my coat. 🧥
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Post by ashlinggas on Aug 1, 2023 12:31:18 GMT
I lived and worked in Kuwait for 4 years in the 90s. They are football crazy, and were early out of the blocks being the first Arab nation to qualify for the World Cup Finals. When asked where I was from, the next question would be "City or Rovers"! I probably taught a dozen Al Saeeds at Kuwait English School. Maybe even the buyer. Kuwait still has a way to go regarding women's rights and foreign workers' conditions, but it is a much nicer place than Saudi!
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Post by RD on Aug 1, 2023 12:37:08 GMT
Earlier yesterday when this was a rumour someone stated the Teds were aware and the source of the rumour. Guessing then that as they are up for sale, the Kuwaiti looked at them, disliked their disjointed out of own stadium and thought I might as well have a nice new intown easy access purpose built state of the art stadium. Back to the old saying there is only one team in bristol UTG Joking aside, we are far and away a more attractive proposition for an investor. 82 Ltd already have a stadium, they are already in the Championship and so: 1) Buying in to them is going to be far more expensive 2) The ROI on any investment is likely smaller and also more risky (reaching the Prem is literally you're only hope of any return) For us, we're yet to get a new stadium, so there's the opportunity to be part of that side of the investment and we're only in L1; so even getting to the Championship (which is far easier than getting to the Prem) is quite a dramatic increase revenue wise. Hence it really isn't a bad little investment (if you're not short of cash!). Throw in the millions WAQ wrote off in debt and I'm not at all surprised we've had several approaches made to us in recent seasons (based on the BP article), and that someone has finally come forward with real intent.
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Post by rovers5charlton5 on Aug 1, 2023 12:38:15 GMT
I'm fairly sure you only ever saw what any previous owner wanted you to see. What has a person's nationality got to do with their honesty and decency? There are plenty of British people I wouldn't trust running football clubs. Good to see my act of sarcasm worked well. 🤦♂️ I'll get my coat. 🧥 Embarrassed 🫣
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Post by gasheadpirate on Aug 1, 2023 12:47:44 GMT
Not sure if it has been mentioned on here but as a share holder, I have received a resolution about shares. Must be linked to the new investor?
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Post by Claremont Gas on Aug 1, 2023 12:57:28 GMT
Amazing that we haven’t had …
“We don’t want Kuwaiti influence in our club”
Being screamed from the rooftops ! I imagine Wael gained permission from the usual groups who think their opinions should be heard before agreeing to any deal?
Game changer for us potentially if all of this is genuine …
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Post by Tilly's Thighs on Aug 1, 2023 13:03:16 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😂 They did to seem to be obsessed by the watch at one time. As if they all own a Patek Phillipe
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Post by Tilly's Thighs on Aug 1, 2023 13:07:27 GMT
Not sure if it has been mentioned on here but as a share holder, I have received a resolution about shares. Must be linked to the new investor? Aren't the shares being bought in Dwayne Sports parent company?
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Post by ineedgas on Aug 1, 2023 13:07:35 GMT
Amazing that we haven’t had … “We don’t want Kuwaiti influence in our club” Being screamed from the rooftops ! I imagine Wael gained permission from the usual groups who think their opinions should be heard before agreeing to any deal? Game changer for us potentially if all of this is genuine … You can't say that😱 the usual mob will be ganging up on you
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