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Post by Deleted on Sept 9, 2023 14:44:31 GMT
If you want to know how much the guy has in business interests and wealth jump on a plane, fly to Kuwait and log on to the Internet. Searches for information in Kuwait from the UK will deliver limited results as you have so far discovered. Just as well our new owner isn't from China as he would soon be accused of not existing at all. Personally I like the way he has acted so far, a typical arab approach, very quiet, taking his time to assess the club ready to make plans for the future and will not be rushed. It's a good idea to research and understand how business works in the middle east, nothing is rushed. Honour and reputation are generally held in much higher esteem in the middle east as opposed to the western world. There is a huge difference between the east and west where conducting business is concerned. Surely spending £1m on JCH is the opposite to anybody quietly taking their time? I was referring to what Hussain said on arrival with regards to building the structure of the FC. As you know transfer windows are limited in time. |
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Post by daniel300380 on Sept 9, 2023 14:45:34 GMT
What if you use a VPN 😂. As you say, you can't find out any information, searching them over here. I wouldn't even know he had a son, if he wasn't on the board. Does he have other family etc?? We know, what they want us to know. Haha yes use a VPN, about as useful as suncream in January in the UK! The term world wide web is incredibly misleading to anyone who hasn't or doesn't work in the industry so it's understandable to think that way to be fair. Perhaps country wide web, with the snippets the Americans allow you to read added in is a bit of mouthful! How come we can see the website for the real estate website, but it's not been updated for ages? Does that mean they changed the way they did it out created a new website we can't see? Don't know how and if it works. |
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Post by baggins on Sept 9, 2023 14:56:45 GMT
Do you not think that it's beyond bad manners to even attempt to find out someone's wealth? Who's trying to find their wealth, I doubt their bank accounts are shown anywhere online? Just trying to find out how they became wealthy enough to purchase 55% of the club, promise to develop the FM and also smash our long standing transfer record with what would have probably been the biggest transfer in L1 this summer. So you are trying to find out their wealth, and how they earnt it. That's just vile. Something wrong with you. |
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pirate
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Post by pirate on Sept 9, 2023 15:17:08 GMT
As you previously pointed out the Al Elmam Real Estate Company website ( www.elmamrealestate.com/ ) was last updated a decade ago and had little evidence of any activity anyway and the Foodco. Website also doesn't reveal much as it seems the small Al Firya Kuwaiti Restaurant has permanently closed (link on website doesn't work anyway) and the other two links to the restaurant franchise chains of Buffalo's Cafe and Quiznos that Mr Al-Saeed owns the franchisee rights to are also broken and unaccessable. I'm still wondering and fascinated to know how they made their fortune and what other business interests they are involved in that enabled them to buy into a League One football club? www.foodco-kw.com/index.htmlIf you want to know how much the guy has in business interests and wealth jump on a plane, fly to Kuwait and log on to the Internet. Searches for information in Kuwait from the UK will deliver limited results as you have so far discovered. Just as well our new owner isn't from China as he would soon be accused of not existing at all. Personally I like the way he has acted so far, a typical arab approach, very quiet, taking his time to assess the club ready to make plans for the future and will not be rushed. It's a good idea to research and understand how business works in the middle east, nothing is rushed. Honour and reputation are generally held in much higher esteem in the middle east as opposed to the western world. There is a huge difference between the east and west where conducting business is concerned. I don't need to travel to Kuwait to see that Foodco and Al Elmam Real Estate Company are both run from the same PO BOX number out of the 1st Floor of the Al-Ghunaim Building, but as business is global and Kuwait is connected to the internet they obviously also have their own websites, unfortunately for anyone wanting further information they are left disappointed because as we can see the websites aren't very well maintained or informative. www.elmamrealestate.com/index.htmlI'm glad there is a huge difference between the east and west where conducting business is concerned and that honour and reputation are generally held in much higher esteem, we wouldn't want the first major business deal to end in a complete fu£k up now, would we? 😉😆 Attachment Deleted |
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Post by Topper Gas on Sept 9, 2023 15:17:52 GMT
Haha yes use a VPN, about as useful as suncream in January in the UK! The term world wide web is incredibly misleading to anyone who hasn't or doesn't work in the industry so it's understandable to think that way to be fair. Perhaps country wide web, with the snippets the Americans allow you to read added in is a bit of mouthful! How come we can see the website for the real estate website, but it's not been updated for ages? Does that mean they changed the way they did it out created a new website we can't see? Don't know how and if it works. It looks like it was taken over at some point by the Kuwait Finance House and became this company? www.enmaa.com/Unless that's just a company with a very similar sounding name? 🤷 |
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Post by Topper Gas on Sept 9, 2023 15:30:01 GMT
If you want to know how much the guy has in business interests and wealth jump on a plane, fly to Kuwait and log on to the Internet. Searches for information in Kuwait from the UK will deliver limited results as you have so far discovered. Just as well our new owner isn't from China as he would soon be accused of not existing at all. Personally I like the way he has acted so far, a typical arab approach, very quiet, taking his time to assess the club ready to make plans for the future and will not be rushed. It's a good idea to research and understand how business works in the middle east, nothing is rushed. Honour and reputation are generally held in much higher esteem in the middle east as opposed to the western world. There is a huge difference between the east and west where conducting business is concerned. I don't need to travel to Kuwait to see that Foodco and Al Elmam Real Estate Company are both run from the same PO BOX number out of the 1st Floor of the Al-Ghunaim Building, but as business is global and Kuwait is connected to the internet they obviously also have their own websites, unfortunately for anyone wanting further information they are left disappointed because as we can see the websites aren't very well maintained or informative. The photo gallery only shows a sketch of each design, there are no pictures of any finished projects, the addresses shown are also so vague you can't check to see if they were ever built. The company HQ can't be a PO Box No that must just be a mail point? |
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Deleted
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Post by Deleted on Sept 9, 2023 15:39:20 GMT
Haha yes use a VPN, about as useful as suncream in January in the UK! The term world wide web is incredibly misleading to anyone who hasn't or doesn't work in the industry so it's understandable to think that way to be fair. Perhaps country wide web, with the snippets the Americans allow you to read added in is a bit of mouthful! How come we can see the website for the real estate website, but it's not been updated for ages? Does that mean they changed the way they did it out created a new website we can't see? Don't know how and if it works. It's a big question with several potential answers, depending on: What continent is the server for the website based in? Is it a basic site set up for reference in the UK? Does the business rely heavily on Internet traffic? How much does the real estate business rely on people outside of Kuwait for further prosperity? I resigned from the industry earlier this year having spent latter years working closely with Google Analytics. One thing that does stand out is how businesses seem to be concerned with thier websites compared to 20 years ago. There are many other sites aside from LinkedIn utilised to reach decision makers to help grow a business. The Al Saeeds leisure related business can reach the public in so many different ways besides having an all singing and dancing website costing thousands with many issues that can and do go wrong. And I would think the real estate and consultancy businesses rely more on networking on and offline as oppossed to having a fancy website. I'm happy and confident these guys are absolutely stinking rich. Residing from a country that has an economy and currency value that is the envy of many a country around the globe. |
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pirate
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Post by pirate on Sept 9, 2023 15:40:02 GMT
How come we can see the website for the real estate website, but it's not been updated for ages? Does that mean they changed the way they did it out created a new website we can't see? Don't know how and if it works. It looks like it was taken over at some point by the Kuwait Finance House and became this company? www.enmaa.com/Unless that's just a company with a very similar sounding name? 🤷 It's a totally different company. The Elmam Real Estate has the same address and PO BOX number as Foodco on the 1st floor of the Al-Ghunaim Building. Also Elmam Real Estate is still listed on the MUQAWLAT KUWAIT site (a gateway for clients in the world of construction and contracting) with the same address and website ( www.elmamrealestate.com/index.html ) and as part of the members club you have to presume the details are correct. kw.muqawlat.com/en/club/contractors/view/1205 |
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Post by chewbacca on Sept 9, 2023 15:47:45 GMT
Adore threads like this, a debate with no substance as to if Wally’s new pal is skint or loaded. No one has a scooby. I expect Wael did more than a Google search though. Lets not rule anything out with that dafty. |
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Post by Topper Gas on Sept 9, 2023 16:06:45 GMT
It looks like it was taken over at some point by the Kuwait Finance House and became this company? www.enmaa.com/Unless that's just a company with a very similar sounding name? 🤷 It's a totally different company. The Elmam Real Estate has the same address and PO BOX number as Foodco on the 1st floor of the Al-Ghunaim Building. Also Elmam Real Estate is still listed on the MUQAWLAT KUWAIT site (a gateway for clients in the world of construction and contracting) with the same address and website ( www.elmamrealestate.com/index.html ) and as part of the members club you have to presume the details are correct. kw.muqawlat.com/en/club/contractors/view/1205 Foodco still seems to be trading as this guy states he's the General Manager and Mr Alsaaed Jnr is one of his connections. Check out Rohit Kapur’s profile on LinkedIn kw.linkedin.com/in/rohit-kapur-a7b24115aThe length he's worked there is clearly wrong though! |
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Post by bidefordgas on Sept 9, 2023 16:38:32 GMT
What are some trying to prove here?
Wael did a deal with our new owner and the league did their due diligence and ratified it.
Are some saying that the gaschat forum should have been involved?
The number of postings by certain individuals on here suggests that to me.
Get a life I say outside of this forum.
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Post by Topper Gas on Sept 9, 2023 18:35:28 GMT
Surely spending £1m on JCH is the opposite to anybody quietly taking their time? I was referring to what Hussain said on arrival with regards to building the structure of the FC. As you know transfer windows are limited in time. Just read Mr Hussain's comments again,nothing in those comments leads me to believe that he was about to sanction the club spending £1m+ to try and secure promotion this season. "When asked in his interview with Radio Bristol about plans for the club, the chairman revealed: "We will concentrate on the academy and the training ground of Bristol Rovers as part of our development because we feel Bristol Rovers has big potential and requires a lot of work but I'm really seeking from our fans to be patient. "We cannot do it all at once, we need time. We need to first examine the operation and see how we can improve it. The main thing is to really run a club very wisely and to really sustain it so that even when we advance to a higher league then we will be ready in terms of infrastructure, in terms of interior operation so that we can compete and continue going up. "It's not that we rush into it and try to go to the next league without really investing in the infrastructures. The training ground, the academy and of course the stadium which is a very big challenge for us." |
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Post by wertongas on Sept 9, 2023 18:44:51 GMT
I don't know allot about club owners but I do know that when Max Denim was the owner of Bournemouth he put nearly double what his reported net worth was into the club. So it is very likely that the new investors are worth allot more than fans who have been searching the internet think. The business found on the internet may be a front for other businesses, they may be private investors on stock markets, there are plenty of investors who have become millionaires over night investing earnings in stocks and shares, they could have money in oil funds. There main investments could be in fund companies using tax heavens. The thing is by searching the internet you doesn't neccessarily find out all the info you might wish. Iwould say it is unlikely they would have put more than 10-15% of their wealth into the club and probably allot less than that.
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Post by horfield on Sept 9, 2023 20:17:13 GMT
Im not particularly concerned about the wealth of the Al Saeeds fictitious or genuine. What is concerning is their transaction with Wael. It comes across as if your buying his house, you exchange contracts in good faith but two months later completion hasn't been completed yet you've allowed the new owners to enter the house and decorate your property !
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pirate
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Post by pirate on Sept 9, 2023 21:14:30 GMT
the league did their due diligence and ratified it. The EFL and their "due diligence" is about as much use as a chocolate tea pot. Ask the fans of Bury, Wigan, Bolton, Reading, Oldham etc. |
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Post by oldie on Sept 9, 2023 21:53:29 GMT
I don't know allot about club owners but I do know that when Max Denim was the owner of Bournemouth he put nearly double what his reported net worth was into the club. So it is very likely that the new investors are worth allot more than fans who have been searching the internet think. The business found on the internet may be a front for other businesses, they may be private investors on stock markets, there are plenty of investors who have become millionaires over night investing earnings in stocks and shares, they could have money in oil funds. There main investments could be in fund companies using tax heavens. The thing is by searching the internet you doesn't neccessarily find out all the info you might wish. Iwould say it is unlikely they would have put more than 10-15% of their wealth into the club and probably allot less than that. Other fairy stories are available to support delusion |
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Post by daniel300380 on Sept 9, 2023 23:29:28 GMT
the league did their due diligence and ratified it. The EFL and their "due diligence" is about as much use as a chocolate tea pot. Ask the fans of Bury, Wigan, Bolton, Reading, Oldham etc. The criteria has been changing a lot other the years and more changes were put into place for this season. So you would hope that would stop those situations. |
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Post by chewbacca on Sept 10, 2023 6:30:55 GMT
The EFL and their "due diligence" is about as much use as a chocolate tea pot. Ask the fans of Bury, Wigan, Bolton, Reading, Oldham etc. The criteria has been changing a lot other the years and more changes were put into place for this season. So you would hope that would stop those situations. Yeah, we can rule out a war criminal… So that’s a start! |
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Post by gasify on Sept 10, 2023 6:51:10 GMT
Who's trying to find their wealth, I doubt their bank accounts are shown anywhere online? Just trying to find out how they became wealthy enough to purchase 55% of the club, promise to develop the FM and also smash our long standing transfer record with what would have probably been the biggest transfer in L1 this summer. . That's just vile. Something wrong with you. I do think that is a reasonable question from Topper. Due diligence? I don't think your comment adds anything to a discussion, just tries to shut it down (there is a chance that your post was being sarcastic, if so ignore me) |
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Post by gasify on Sept 10, 2023 6:55:42 GMT
What are some trying to prove here? Wael did a deal with our new owner and the league did their due diligence and ratified it. Are some saying that the gaschat forum should have been involved? The number of postings by certain individuals on here suggests that to me. Get a life I say outside of this forum. Just another example of cancel culture in this country. Don't like what people are saying then try and shut it down. I am all for Free speech. |
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