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Post by supergas on Nov 22, 2023 5:28:34 GMT
Why shouldn't any Rovers fan be concerned that we are selling parts of training ground land? Anywhere else owners would be accused of asset stripping. There is a huge difference selling the Mem site to fund a brand new modern stadium and selling parts of your assets to tart up a dated stadium by putting ends on stands that are not fit for purpose. Interesting comment. If the same person paid for the asset and then took the asset back, would that be asset stripping? Also plans also seem to have been in place well before they were made public for both new ownership and potential selling of assets. Which is why you'd have to be very cynical to claim it's asset-stripping... "...the activity in which an entity buys an unsuccessful company cheaply and sells its assets separately at a profit..." |
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Post by gasify on Nov 22, 2023 6:41:21 GMT
Interesting comment. If the same person paid for the asset and then took the asset back, would that be asset stripping? Also plans also seem to have been in place well before they were made public for both new ownership and potential selling of assets. Which is why you'd have to be very cynical to claim it's asset-stripping... "...the activity in which an entity buys an unsuccessful company cheaply and sells its assets separately at a profit..." Maybe I have missed something here. Are you talking about the training ground or are you talking about something else? I thought you were talking about the training ground, which didn't exist when Wael and his family took over. It was pretty obvious when they bought the land that there was more to it than just the training ground. I'm pretty sure it was mentioned here many times about the land being 'banked'. I seem to remember they showed their cards pretty early by trying to get a building classified as habitable within 6 months of buying the land (someone probably has a better memory than me). The fact that they created a new company and bought it through that company also suggested that they had ideas for that land that didn't rely on Rovers. In all honesty, I can't say that I bear any grudge if they end up making 10-20 million from this deal. Even if not a single penny of that is reinvested. They have already put around 30 million into the club. Any new stadium deal, relied on us selling The Memorial ground. Even at UWE where we would have a 200 year lease. I don't remember anyone complaining too hard at that deal. If their goal is Asset stripping then you could say that they are not very good at it. What asset are you concerned about? |
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Post by gasify on Nov 22, 2023 6:50:39 GMT
Just so I'm understanding this properly, and please someone correct me if not: - South Glos council want to build 70-odd homes at the Quarters - we (the club/owners) own the Quarters and the land - we would NOT be selling up or moving, but simply 'giving back' (at a price) some of the land we acquired for the housing development Semi related but shame we couldn't build a stadium there. Massive amounts of land, right next to Aztec M5/M4 crossover junction and still within the 'Bristol' boundaries (for those understandably not keen on us doing a Brighton and moving outta town). I've always thought that this could be a possibility. Maybe it still is. Maybe this is a way of relaxing the restrictions on the land to make way for a stadium? Maybe the new owners have a plan to sell the club with land and planning permission for a stadium? Who knows? 🫰 |
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Post by supergas on Nov 22, 2023 8:18:40 GMT
Also plans also seem to have been in place well before they were made public for both new ownership and potential selling of assets. Which is why you'd have to be very cynical to claim it's asset-stripping... "...the activity in which an entity buys an unsuccessful company cheaply and sells its assets separately at a profit..." Maybe I have missed something here. Are you talking about the training ground or are you talking about something else? I thought you were talking about the training ground, which didn't exist when Wael and his family took over. It was pretty obvious when they bought the land that there was more to it than just the training ground. I'm pretty sure it was mentioned here many times about the land being 'banked'. I seem to remember they showed their cards pretty early by trying to get a building classified as habitable within 6 months of buying the land (someone probably has a better memory than me). The fact that they created a new company and bought it through that company also suggested that they had ideas for that land that didn't rely on Rovers. In all honesty, I can't say that I bear any grudge if they end up making 10-20 million from this deal. Even if not a single penny of that is reinvested. They have already put around 30 million into the club. Any new stadium deal, relied on us selling The Memorial ground. Even at UWE where we would have a 200 year lease. I don't remember anyone complaining too hard at that deal. If their goal is Asset stripping then you could say that they are not very good at it. What asset are you concerned about? I'm agreeing with you. Maybe worded badly as I'm on holiday and literally posted from the side of a pool that has a fantastic bar, but I was agreeing it can't be asset-stripping based on what we know, logic and the definition of asset-stripping.... |
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Post by blueridge on Nov 22, 2023 9:02:50 GMT
Just so I'm understanding this properly, and please someone correct me if not: - South Glos council want to build 70-odd homes at the Quarters - we (the club/owners) own the Quarters and the land - we would NOT be selling up or moving, but simply 'giving back' (at a price) some of the land we acquired for the housing development Semi related but shame we couldn't build a stadium there. Massive amounts of land, right next to Aztec M5/M4 crossover junction and still within the 'Bristol' boundaries (for those understandably not keen on us doing a Brighton and moving outta town). I've always thought that this could be a possibility. Maybe it still is. Maybe this is a way of relaxing the restrictions on the land to make way for a stadium? Maybe the new owners have a plan to sell the club with land and planning permission for a stadium? Who knows? 🫰 There is absolutely no possibility of a stadium ever being built on The Quarters site. |
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Post by heartofgas on Nov 22, 2023 9:05:59 GMT
I've always thought that this could be a possibility. Maybe it still is. Maybe this is a way of relaxing the restrictions on the land to make way for a stadium? Maybe the new owners have a plan to sell the club with land and planning permission for a stadium? Who knows? 🫰 There is absolutely no possibility of a stadium ever being built on The Quarters site. Dam, I was looking forward to another 800 page thread. |
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Post by matealotblue on Nov 22, 2023 9:44:07 GMT
I've always thought that this could be a possibility. Maybe it still is. Maybe this is a way of relaxing the restrictions on the land to make way for a stadium? Maybe the new owners have a plan to sell the club with land and planning permission for a stadium? Who knows? 🫰 There is absolutely no possibility of a stadium ever being built on The Quarters site. Bet there would be if it came with a Greyhound track around the outside of it....! |
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Post by playtowin on Nov 22, 2023 9:50:54 GMT
I just have this small concern that we are doing the same at the quarters as the rugby club did at the Mem.
Sell off a corner of the site where the team train only for years later to wish we still had the land for our own development
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Post by stuart1974 on Nov 22, 2023 10:07:01 GMT
Warmley residents are concerned, citing the Northern fringe is more suited to housing and jobs. Perhaps they'd have preferred a modest football stadium to hundreds of houses. 🙄 "Speaking in the council meeting on 13 November, Mr Bromiley warned that the villages of Warmley, Shortwood and Siston could merge." www.bbc.co.uk/news/uk-england-bristol-67472617 |
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Post by blueridge on Nov 22, 2023 10:27:04 GMT
I just have this small concern that we are doing the same at the quarters as the rugby club did at the Mem. Sell off a corner of the site where the team train only for years later to wish we still had the land for our own development This is a huge site and it makes sense to me that they sell off what they don’t need to fund the building of a state of the art training facility. I understand the site covers almost 28 acres - almost double the size in acreage of the Bristol City training facility. Interesting this started with SGC before the new owners took over. |
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Post by stuart1974 on Nov 22, 2023 10:53:12 GMT
I just have this small concern that we are doing the same at the quarters as the rugby club did at the Mem. Sell off a corner of the site where the team train only for years later to wish we still had the land for our own development This is a huge site and it makes sense to me that they sell off what they don’t need to fund the building of a state of the art training facility. I understand the site covers almost 28 acres - almost double the size in acreage of the Bristol City training facility. Interesting this started with SGC before the new owners took over. City also have overspill with the nearby school, don't they? I suppose we could utilise WISE in that regard. My concern is twofold, one is that we need to do this in the first place when it should be used to house all our needs under one roof. There are certain facilities required for Cat 2 academy status and if you look at the original rugby plans, space and shape only really allows for the equivalent of 6 full sized pitches, some of which has been taken with the reservoir and landscaping. And two, it sets a planning precedent similar to Tesco buying part of Eastville with us needing to sell more or even all of it a few years down the line. |
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Post by keygas on Nov 22, 2023 10:59:06 GMT
IMHO, I don’t see a problem with selling off a plot for housing, as long as a new improved training facility is developed on the other part of the Quaters land, much rather the club raise money in this way to improve training or stadium projects, than taking out loans & adding more debt.
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Post by playtowin on Nov 22, 2023 11:06:26 GMT
I just have this small concern that we are doing the same at the quarters as the rugby club did at the Mem. Sell off a corner of the site where the team train only for years later to wish we still had the land for our own development This is a huge site and it makes sense to me that they sell off what they don’t need to fund the building of a state of the art training facility. I understand the site covers almost 28 acres - almost double the size in acreage of the Bristol City training facility. Interesting this started with SGC before the new owners took over. I guess we have already looked at how much space would be needed for a premier league standard training facility. Then decided we can afford to lose 25% of the site or that the site wasnt going to be big enough anyway and we need to move. This is not a delusional we will be massive post merely a forward potential planning thread. |
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Post by gasify on Nov 22, 2023 11:23:59 GMT
I've always thought that this could be a possibility. Maybe it still is. Maybe this is a way of relaxing the restrictions on the land to make way for a stadium? Maybe the new owners have a plan to sell the club with land and planning permission for a stadium? Who knows? 🫰 There is absolutely no possibility of a stadium ever being built on The Quarters site. Boooo |
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Post by justin blue on Nov 22, 2023 11:57:00 GMT
I've always thought that this could be a possibility. Maybe it still is. Maybe this is a way of relaxing the restrictions on the land to make way for a stadium? Maybe the new owners have a plan to sell the club with land and planning permission for a stadium? Who knows? 🫰 There is absolutely no possibility of a stadium ever being built on The Quarters site. Or any other site we plan to build one period. |
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Post by baggins on Nov 22, 2023 13:45:02 GMT
IMHO, I don’t see a problem with selling off a plot for housing, as long as a new improved training facility is developed on the other part of the Quaters land, much rather the club raise money in this way to improve training or stadium projects, than taking out loans & adding more debt. Yep. |
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Post by Deleted on Nov 22, 2023 14:50:28 GMT
I'm sure when the plan for the Quarters was announced there was talk then that some of the land could / would be used for housing in the future.
Having been to the site a few times now there is ample room and wont negatively impact very much at all if anything.
Hopefully Rovers will have first dibs on a few of the properties for when new players are attracted to the club and are looking for digs.
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Post by dudelebowski on Nov 22, 2023 14:54:07 GMT
I've always thought that this could be a possibility. Maybe it still is. Maybe this is a way of relaxing the restrictions on the land to make way for a stadium? Maybe the new owners have a plan to sell the club with land and planning permission for a stadium? Who knows? 🫰 There is absolutely no possibility of a stadium ever being built on The Quarters site. Certainly shows the ones who have driven down there and those that haven’t😂😂 One car coming the opposite way (Frampton direction) and all hell breaks loose! |
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Post by yattongas on Nov 22, 2023 14:54:11 GMT
Warmley residents are concerned, citing the Northern fringe is more suited to housing and jobs. Perhaps they'd have preferred a modest football stadium to hundreds of houses. 🙄 "Speaking in the council meeting on 13 November, Mr Bromiley warned that the villages of Warmley, Shortwood and Siston could merge." www.bbc.co.uk/news/uk-england-bristol-67472617warmwoodston |
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Post by blueridge on Nov 22, 2023 15:02:08 GMT
There is absolutely no possibility of a stadium ever being built on The Quarters site. Certainly shows the ones who have driven down there and those that haven’t😂😂 One car coming the opposite way (Frampton direction) and all hell breaks loose! Absolutely - I live close by.  |
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