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Post by chewbacca on Nov 13, 2024 12:49:17 GMT
So why buy BRFC ? Trading players may reduce losses, but it's highly unlikely they will cover £3m every year. Seen that Prem teams are buying more from overseas than Champ and thus Champ is buying less from League 1 etc. so even the Posh model under pressure. Plus of course little loyalty from players if they see themselves as passing through. Lincoln CEO admits that is their pitch to their prospective players So where is the money / exit ? Both Lincoln and Cambridge CEO's see value in their clubs, despite £3m losses each year. Interestingly league 1 was quoted as the 11th most watched league in the world. Only place I can see it from is the US and medium term TV rights as the Wrexham effect moves to other clubs Ego! |
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Post by percy on Nov 13, 2024 12:49:26 GMT
So why buy BRFC ? Trading players may reduce losses, but it's highly unlikely they will cover £3m every year. Seen that Prem teams are buying more from overseas than Champ and thus Champ is buying less from League 1 etc. so even the Posh model under pressure. Plus of course little loyalty from players if they see themselves as passing through. Lincoln CEO admits that is their pitch to their prospective players So where is the money / exit ? Both Lincoln and Cambridge CEO's see value in their clubs, despite £3m losses each year. Interestingly league 1 was quoted as the 11th most watched league in the world. Only place I can see it from is the US and medium term TV rights as the Wrexham effect moves to other clubs Makes you want to work out what both the Quarters and Memorial Stadium land is worth doesn't it? why would they sanction £700k (allegedly) on both Promise and Shaq if they were only in it to make money on land sale? I understand this thread is now just everyones worst fears and fantasies, but not sure its very helpful. Unpaid debts (apparently) worries me most as points deductions or HMRC issues have happened to many badly run clubs. |
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Post by toddy1953 on Nov 13, 2024 13:00:18 GMT
So why buy BRFC ? Trading players may reduce losses, but it's highly unlikely they will cover £3m every year. Seen that Prem teams are buying more from overseas than Champ and thus Champ is buying less from League 1 etc. so even the Posh model under pressure. Plus of course little loyalty from players if they see themselves as passing through. Lincoln CEO admits that is their pitch to their prospective players So where is the money / exit ? Both Lincoln and Cambridge CEO's see value in their clubs, despite £3m losses each year. Interestingly league 1 was quoted as the 11th most watched league in the world. Only place I can see it from is the US and medium term TV rights as the Wrexham effect moves to other clubs I can just see it now, a Hollywood blockbuster, based on the time leaving Eastville and culminating in winning the league, defeating our rivals on the way. Perhaps we can get Ryan Reynolds playing the Gerry Francis role. In true Hollywood style, we can win the PL not L1 with a footnote at the end of the film, giving present day situation, they can call it ‘From Rags to Rags’ UTG |
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Post by baggins on Nov 13, 2024 13:05:27 GMT
Makes you want to work out what both the Quarters and Memorial Stadium land is worth doesn't it? why would they sanction £700k (allegedly) on both Promise and Shaq if they were only in it to make money on land sale? I understand this thread is now just everyones worst fears and fantasies, but not sure its very helpful. Unpaid debts (apparently) worries me most as points deductions or HMRC issues have happened to many badly run clubs. Wonder if we've actually started payments for both players. |
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Post by perryfenwick on Nov 13, 2024 13:10:56 GMT
I heard that one of the directors drove into the Beeches driving a new Jag with a personalised number plate the week after we sold Nigel Martyn, can't say what my source is, but do pass it on.
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stuart1974
Proper Gas
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Post by stuart1974 on Nov 13, 2024 13:11:04 GMT
African or European Pilchard? There's a difference? Monty Python gag. |
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Post by mftc on Nov 13, 2024 13:21:28 GMT
I heard that one of the directors drove into the Beeches driving a new Jag with a personalised number plate the week after we sold Nigel Martyn, can't say what my source is, but do pass it on. If they loaned the club money - undercutting the banks interest rate and got a return on their investment/loan, then fair play to them I say. I don't think there are many people who would give the club ten grand on the never never, with little chance of getting it back. |
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Post by baggins on Nov 13, 2024 13:36:56 GMT
Nothing to do with their accent then? |
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Post by madridgas on Nov 13, 2024 13:37:20 GMT
Makes you want to work out what both the Quarters and Memorial Stadium land is worth doesn't it? why would they sanction £700k (allegedly) on both Promise and Shaq if they were only in it to make money on land sale? I understand this thread is now just everyones worst fears and fantasies, but not sure its very helpful. Unpaid debts (apparently) worries me most as points deductions or HMRC issues have happened to many badly run clubs. Good point. I can't see that you would if you wanted to "just" make a profit on the land sale. Perhaps also looking to give the son the opportunity to play the "Posh book". I agree the cash question is the issue. We have no idea of when we need to pay transfer fees, comments on unpaid local suppliers and we are seeing season tickets go on sale earlier each year and don't even know if Wael has been paid in full for his shareholding |
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Post by gashead79 on Nov 13, 2024 14:05:08 GMT
So why buy BRFC ? Trading players may reduce losses, but it's highly unlikely they will cover £3m every year. Seen that Prem teams are buying more from overseas than Champ and thus Champ is buying less from League 1 etc. so even the Posh model under pressure. Plus of course little loyalty from players if they see themselves as passing through. Lincoln CEO admits that is their pitch to their prospective players So where is the money / exit ? Both Lincoln and Cambridge CEO's see value in their clubs, despite £3m losses each year. Interestingly league 1 was quoted as the 11th most watched league in the world. Only place I can see it from is the US and medium term TV rights as the Wrexham effect moves to other clubs We are a cheap entry to a UK business in an industry that isn't regulated very strictly. What appears to be big money to the average forumner is pocket change to business people from that region. Having a uk entity/footprint opens opportunity in Europe, UK benefits and finance, education, health, a strong base to deal with the US etc. It's usually real estate in London but footy clubs are a bit of fun for them I expect. At the end of their project, there'll be a buyer who will cover most of the losses. That'll be easier if the ground is a bit shinier and ST sales are up by 10% but if they lose a few million, im sure they have a plan to cover it anyway. |
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Post by daniel300380 on Nov 13, 2024 14:12:01 GMT
So why buy BRFC ? Trading players may reduce losses, but it's highly unlikely they will cover £3m every year. Seen that Prem teams are buying more from overseas than Champ and thus Champ is buying less from League 1 etc. so even the Posh model under pressure. Plus of course little loyalty from players if they see themselves as passing through. Lincoln CEO admits that is their pitch to their prospective players So where is the money / exit ? Both Lincoln and Cambridge CEO's see value in their clubs, despite £3m losses each year. Interestingly league 1 was quoted as the 11th most watched league in the world. Only place I can see it from is the US and medium term TV rights as the Wrexham effect moves to other clubs We are a cheap entry to a UK business in an industry that isn't regulated very strictly. What appears to be big money to the average forumner is pocket change to business people from that region. Having a uk entity/footprint opens opportunity in Europe, UK benefits and finance, education, health, a strong base to deal with the US etc. It's usually real estate in London but footy clubs are a bit of fun for them I expect. At the end of their project, there'll be a buyer who will cover most of the losses. That'll be easier if the ground is a bit shinier and ST sales are up by 10% but if they lose a few million, im sure they have a plan to cover it anyway. None of us have a clue how much money they actually have and how much they are willing to spend long term. You would like to think that Wael looked into that, before deciding on who he was going to partner with. |
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Post by Dirt Dogg on Nov 13, 2024 14:15:18 GMT
So why buy BRFC ? Trading players may reduce losses, but it's highly unlikely they will cover £3m every year. Seen that Prem teams are buying more from overseas than Champ and thus Champ is buying less from League 1 etc. so even the Posh model under pressure. Plus of course little loyalty from players if they see themselves as passing through. Lincoln CEO admits that is their pitch to their prospective players So where is the money / exit ? Both Lincoln and Cambridge CEO's see value in their clubs, despite £3m losses each year. Interestingly league 1 was quoted as the 11th most watched league in the world. Only place I can see it from is the US and medium term TV rights as the Wrexham effect moves to other clubs I can just see it now, a Hollywood blockbuster, based on the time leaving Eastville and culminating in winning the league, defeating our rivals on the way. Perhaps we can get Ryan Reynolds playing the Gerry Francis role. In true Hollywood style, we can win the PL not L1 with a footnote at the end of the film, giving present day situation, they can call it ‘From Rags to Rags’ UTG And the low budget sequel set 35 years in the future, where we survive the ownership of a tyrannical Kuwaiti and his son to finish 16th in league 1. |
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Post by vaughan on Nov 13, 2024 14:27:17 GMT
I have no reason to believe that Steve (Gashead 1981) or Roadman are coming up with any false conspiratorial theories for attention or to rock the boat.
The owners, if they had any football nous, could put these accusations to bed with either an interview with local radio station or statement.
Wael (whom I respect for the £18 million pounds he used to wipe off debts) kept us spinning with the prospect of the Fruit Market. If the Kuwaitis carry on undermining the Manager in this despicable manner and have no funds to improve the Stadium, I think that things will get toxic soon.
There has been no communication since August. Let us not lose sight of the seriousness of the accusations that have been aired this week. Unlike Wael, they have no goodwill amongst the fan base and public relations wise, it is rapidly becoming a disaster. The fact that the players resent the ownership's treatment of the Manager speaks volumes.
Depressing times..again.
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Post by pucklegas on Nov 13, 2024 14:44:17 GMT
The players have responded positively which shows they re behind Matt. The only positive you can take is their expectations are for a decent season and are prepared to pay compo again, to in their minds achieve that.
A recession is on the cards and if they think the fans will fund this by hiking season tickets they are deluded.
The recent interview of Ritchie Bates gave us nothing, just seemed like stalling tactics, wonder whether he s realised that patience is in short supply here, after years of failed projects.
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Post by percy on Nov 13, 2024 15:06:28 GMT
Thank god Ainsworth isnt coming at least, announced as new Shrews manager
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Post by Hugo the Elder on Nov 13, 2024 15:25:37 GMT
Another apology from me. The purpose of the thread was to share a daft rumour that a mate of mine was told on Saturday. It certainly wasn't designed for folk to start sniping at each other, pining for the "glory days" of Nick Higgs, nor seeing conspiracy where there is none. It just seemed like a (very) early April Fools joke and still does. We don't have the right to know the ins and outs of a cats arsehole when it comes to Rovers and this thread is depressing. Sorry. Hope we batter Crawley and Mr T gets cheered off the pitch on Saturday. That sends the only message we really can send. UTFG 🏴☠️ No need to apologise. I dont think the rumour is as daft as you think. As for the other stuff, there are definitely people who are owed money by the club. However if the owners are unwilling to sell there is nothing we can do. It certainly makes me want to back Taylor now, as it seems like he has had a really tough time at the club so far. Under the (apparent) circumstances he is doing an amazing job. Imagine how he could/would do without all the bollocks and with our full backing. |
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Post by perryfenwick on Nov 13, 2024 15:28:31 GMT
I heard that one of the directors drove into the Beeches driving a new Jag with a personalised number plate the week after we sold Nigel Martyn, can't say what my source is, but do pass it on. If they loaned the club money - undercutting the banks interest rate and got a return on their investment/loan, then fair play to them I say. I don't think there are many people who would give the club ten grand on the never never, with little chance of getting it back. Was very tongue in cheek fella, but people said this at thime time. Just pointing out that the world of rumour, gossip and speculation about owners and their apparent neferaiousness (is that a word?) is as old as the hills (and older than half the Mem) |
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Post by returnofthedust on Nov 13, 2024 15:36:36 GMT
We are a cheap entry to a UK business in an industry that isn't regulated very strictly. What appears to be big money to the average forumner is pocket change to business people from that region. Having a uk entity/footprint opens opportunity in Europe, UK benefits and finance, education, health, a strong base to deal with the US etc. It's usually real estate in London but footy clubs are a bit of fun for them I expect. At the end of their project, there'll be a buyer who will cover most of the losses. That'll be easier if the ground is a bit shinier and ST sales are up by 10% but if they lose a few million, im sure they have a plan to cover it anyway. None of us have a clue how much money they actually have and how much they are willing to spend long term. You would like to think that Wael looked into that, before deciding on who he was going to partner with. What would make you think he’d look into that? His priority will have rightly been getting his money or as much as possible back |
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Post by chewbacca on Nov 13, 2024 15:37:24 GMT
If they loaned the club money - undercutting the banks interest rate and got a return on their investment/loan, then fair play to them I say. I don't think there are many people who would give the club ten grand on the never never, with little chance of getting it back. Was very tongue in cheek fella, but people said this at thime time. Just pointing out that the world of rumour, gossip and speculation about owners and their apparent neferaiousness (is that a word?) is as old as the hills (and older than half the Mem) Especially considering The Beeches was acquired by a former board member 8 years after Martyn was sold! |
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Post by warehamgas on Nov 13, 2024 16:34:53 GMT
For all his rights/wrongs you do feel Wael understands the supporter culture and gets the club as a whole. My fear is that the Kuwait ownership certainly don’t and will sell us down the river as soon as they’ve decided we aren’t worth the hassle anymore. If they aren’t 100% invested in taking us forward properly and a decent offer has been put forward then they have to take it for the good of the club. Would ask if the sensible offer is made that they accept, as you said, for the good of the club. Yes strange isn’t it. Unless Wael couldn’t do what he knew was needed so he wanted out a year ago and just sold to people who were prepared to buy so he got something back. Without necessarily completing due diligence to ensure they were the right buyers. All a bit chaotic perhaps. Ah well it is BRFC! 😉 UTG! |
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