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Post by phillistine on Nov 15, 2024 5:34:41 GMT
It’s usual to pay off previous owners in instalments based upon trading results. It prevents short term figures bing manipulated by for example increasing profits , by reducing expenditure and not investing for the future. That is why any price agreed based upon trading conditions is usually over say 3 years trading figures .
That is probably not the case here but it may be too simple to say that the Owners can’t afford it.
Blackburn were taken over a few years ago by an Indian family but their homeland simply did not allow too much currency to leave their shores. Even though it was their money they were blocked when they tried to plough money into a British Company - ie Blackburn - in as it would not drive funds back into India . Hard for us to understand and different times but not all countries are run in te same way
I do not pretend to know what is going on here but if the owners feel able to dictate and are offering instalments because it suits them financially then it doesn’t always mean that they lack funds . People who get rich look after the pennies particularly new money. It may be a negotiating tool to get Wael to accept less for his shares.
One thing for certain is that only certain people on the inside really know what is going on and anything that we know is being leaked deliberately .the current owners have a history of playing their cards close to their chests.
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Post by baggins on Nov 15, 2024 6:00:46 GMT
Says it all really.....
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Post by gasandelectricity on Nov 15, 2024 7:42:03 GMT
Not denying we should probably be there but it loses credibility altogether when you spot FGR in the middle. The New Lawn makes the Mem seem like Wembley. |
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Post by gashead1981 on Nov 15, 2024 8:36:14 GMT
Then again if Wael sold his shareholding on the basis that he would be paid in instalments, why should he now expect to be paid off in full, if I bought a car from you on HP over 4 years, I wouldn't expect you, or your finance co, to contact me after two years and demand that payment in full or you'd get your mates to make things uncomfortable for me. Wasn't getting pp for housing at The Quarters originally Wael's idea, if so, then what did you expect him to do if he got planning? Perhaps you're wrong and they aren't struggling hence why they don't want a cash injection, or they are just playing clever to try and get a better offer, you don't make £m's from real estate without being a good negotiator Good point. It was Wael who originally sounded out South Glos about housing at the training ground. I know Tom G told be about 3 years ago that they were looking into a community development but that wasn't to be where the training pitches are now, that was to be on the left as you turn into the 1/4s gates running it adjacent to the boundary of Hortham Lane. There was to be no movement of the existing pitches that had been installed. The plans from S Glos council had the development where the training pitches are now. When or who changed that I don't know. |
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Post by gashead1981 on Nov 15, 2024 8:43:05 GMT
It’s usual to pay off previous owners in instalments based upon trading results. It prevents short term figures bing manipulated by for example increasing profits , by reducing expenditure and not investing for the future. That is why any price agreed based upon trading conditions is usually over say 3 years trading figures . That is probably not the case here but it may be too simple to say that the Owners can’t afford it. Blackburn were taken over a few years ago by an Indian family but their homeland simply did not allow too much currency to leave their shores. Even though it was their money they were blocked when they tried to plough money into a British Company - ie Blackburn - in as it would not drive funds back into India . Hard for us to understand and different times but not all countries are run in te same way I do not pretend to know what is going on here but if the owners feel able to dictate and are offering instalments because it suits them financially then it doesn’t always mean that they lack funds . People who get rich look after the pennies particularly new money. It may be a negotiating tool to get Wael to accept less for his shares. One thing for certain is that only certain people on the inside really know what is going on and anything that we know is being leaked deliberately .the current owners have a history of playing their cards close to their chests. All of that depends on the shareholders agreements, it's not necessarily rule of thumb. For example when the ALQs took us over, they acquired 92% straight away. The question of finance of us and communication is still a relevant one and one that us fans should not be dismissive of or nonchalant about. If the AS were serious they would have employed a proper executive set to assist Abdul in his championship manager venture. Instead we have his cousin and uni mates running the show with George Friend on the coat tails. Being a good negotiator does not make anyone an experienced, structured and visionary businessman who is able to keep a tight reign on the departments underneath him. I cannot believe that other fans cannot see this and think were being run well. The AS have been with us long enough to show their hands on how they want to structure us and that hand is going from one rich dad ownership to another. History is repeating itself and I wouldn't be surprised if we end up relegated again in the next 2 seasons. |
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Post by perryfenwick on Nov 15, 2024 9:00:59 GMT
Unless Taylor turns things around and has us tilting at promotion in the next two years, a change of management will happen at some point.
That's when the footballing nous, or lack of, will really come out.
Look at Wael; four managers appointed on his watch and the only one that did that well on the pitch was the one he appointed basically by default. The Garner project, the relegation caused by wasting time with Tisdale and then Barton not only downing tools but then needing a stratospheric budget to get back up again, was time and money down the drain.
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Post by perryfenwick on Nov 15, 2024 9:02:14 GMT
Not denying we should probably be there but it loses credibility altogether when you spot FGR in the middle. The New Lawn makes the Mem seem like Wembley. Also, Leeds fans will tell you that Elland Rd is a total dump. |
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Post by Russgas on Nov 15, 2024 9:16:01 GMT
I think maybe the venkys used ken Dodds accountant 🤣 ..
buying property,setting up a new smokescreen company with offices in london and a view to starting a mining company in lancashire, their Government got wind of it and said you have unpaid taxes from the profit you have earned here in our country.. unless it get's paid then we will seize property assets to that value.
All international banks now share information together and the money trails are easily exposed.
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Post by warehamgas on Nov 15, 2024 10:03:19 GMT
Not denying we should probably be there but it loses credibility altogether when you spot FGR in the middle. The New Lawn makes the Mem seem like Wembley. And thinking Pompey’s is better than Manchester City’s. 🤔 UTG! |
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Post by gashead1981 on Nov 15, 2024 10:32:54 GMT
Unless Taylor turns things around and has us tilting at promotion in the next two years, a change of management will happen at some point. That's when the footballing nous, or lack of, will really come out. Look at Wael; four managers appointed on his watch and the only one that did that well on the pitch was the one he appointed basically by default. The Garner project, the relegation caused by wasting time with Tisdale and then Barton not only downing tools but then needing a stratospheric budget to get back up again, was time and money down the drain. I'd say it's unrealistic to have any pressure on Taylor to have us punching anywhere above 13th this season. It's the first cycle of a new squad, there are clear weaknesses in the squad largely caused by the previous managers use of offering injury prone players longer contracts on high wages due to them coming from higher divisions. I'd be happy to let this season play out with a couple of good additions in January and next summer. If we're still 16th in November next year, that's when we make the change. |
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Post by Henbury Gas on Nov 15, 2024 10:52:37 GMT
I didn’t say I do did I??? I just think he has done enough to be trusted that he obviously thought at the time they were right for the club so they must have been convincing. Not so sure why u are so down on him tbh Not sure why you’re so up on him tbh. In 8 years the achievements were minimal. The real big decisions he often got wrong (managers, board room members), we still have no stadium, the club financially is worse than it’s ever been. I’m sure he’s a really nice human being and a likeable person. He is simply not a very good football club owner or judge of character. Bet he has made more money in a week than you have in a lifetime  |
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Post by vaughan on Nov 15, 2024 11:12:27 GMT
No mention of any of these rumours on Having a Gas last night, just 25 minutes via Ed Hadwin on how we are inconsistent.
I can only concude from lack of press coverage that all these rumours are made up.
😂😂😂
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Post by returnofthedust on Nov 15, 2024 11:16:36 GMT
Not sure why you’re so up on him tbh. In 8 years the achievements were minimal. The real big decisions he often got wrong (managers, board room members), we still have no stadium, the club financially is worse than it’s ever been. I’m sure he’s a really nice human being and a likeable person. He is simply not a very good football club owner or judge of character. Bet he has made more money in a week than you have in a lifetime Well of course he has because he was born into money and above all else that has absolutely nothing to do with running a football club, pal. |
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Post by badengas on Nov 15, 2024 11:18:37 GMT
It's happening today !
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Post by returnofthedust on Nov 15, 2024 11:19:33 GMT
Good point. It was Wael who originally sounded out South Glos about housing at the training ground. I know Tom G told be about 3 years ago that they were looking into a community development but that wasn't to be where the training pitches are now, that was to be on the left as you turn into the 1/4s gates running it adjacent to the boundary of Hortham Lane. There was to be no movement of the existing pitches that had been installed. The plans from S Glos council had the development where the training pitches are now. When or who changed that I don't know. It changed before the AS come in. Look at the dates on the paperwork with South Glos. It was all posted on here sone time ago. |
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Post by Quarters on Nov 15, 2024 11:24:10 GMT
No mention of any of these rumours on Having a Gas last night, just 25 minutes via Ed Hadwin on how we are inconsistent. I can only concude from lack of press coverage that all these rumours are made up. 😂😂😂 Do you believe everything you read in the press? If not then you cannot believe it's not true if not there. Not sure what you found so funny. |
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Post by perryfenwick on Nov 15, 2024 11:51:47 GMT
Unless Taylor turns things around and has us tilting at promotion in the next two years, a change of management will happen at some point. That's when the footballing nous, or lack of, will really come out. Look at Wael; four managers appointed on his watch and the only one that did that well on the pitch was the one he appointed basically by default. The Garner project, the relegation caused by wasting time with Tisdale and then Barton not only downing tools but then needing a stratospheric budget to get back up again, was time and money down the drain. I'd say it's unrealistic to have any pressure on Taylor to have us punching anywhere above 13th this season. It's the first cycle of a new squad, there are clear weaknesses in the squad largely caused by the previous managers use of offering injury prone players longer contracts on high wages due to them coming from higher divisions. I'd be happy to let this season play out with a couple of good additions in January and next summer. If we're still 16th in November next year, that's when we make the change. Agree entirely - we've just bought 16 players so expecting them to gel and expecting the hangover of previous managements' effect on the squad in three months is daft. I'd give him all season unless relegation looks likely. But at some point Hussein will have to pick a manager (the common rumour is that Taylor was a Wael recommendation), and when he does, we'll see what he's made of. |
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Post by vaughan on Nov 15, 2024 11:53:12 GMT
No mention of any of these rumours on Having a Gas last night, just 25 minutes via Ed Hadwin on how we are inconsistent. I can only concude from lack of press coverage that all these rumours are made up. 😂😂😂 Do you believe everything you read in the press? If not then you cannot believe it's not true if not there. Not sure what you found so funny. You miss the point. No press coverage of anything of significance off the field, plus wall of silence from owners fuels the rumour mill. All so predictable- hence the 😂😂😂. |
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Post by gasandelectricity on Nov 15, 2024 12:15:04 GMT
I’ll believe it when there’s clogs in box 10 |
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Post by Tilly's Thighs on Nov 15, 2024 12:28:26 GMT
I’ll believe it when there’s clogs in box 10 That's the best post on this thread!  |
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