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Post by returnofthedust on Nov 23, 2024 9:30:37 GMT
I don’t want individuals to spend money, I want a club well run. We’ve not been a serious club this century. Last bit of good business done by a custodian was buying the mem. Another pie departs. Let’s see what the latest pies achieve. He gave us the quarters having arrived at an insurance companies social ground. He got us through Covid, he was approachable and in my experience a decent and honorable guy. The man who purchased the Mem who was incredibly fortunate to be about when Bristol RFC were in deep financial mire used to love boasting about how BRFC never cost him a penny. For many of us fans, (besides the Barton appointment) he brought a lot of dignity, positivity and respect, unlike the scruffy looking bus driver before him. Let's revisit this post in a years time to see how really toxic this club is going to become under an owners son playing FIFA 24 in real life. Again, congratulations, you got your wish granted. Every single football club in the EFL got though covid. I’m grateful for it but nobody stood to lose more than an owner if they let a club go under. |
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Post by gashead79 on Nov 23, 2024 9:31:58 GMT
Scrolling through this thread is a good laugh. So much nonsense flying about! FWIW I reckon if the Kuwaits have just chosen to buy out Wael, that probably suggests they have money. They didn’t have to do it, it shows MORE commitment not less. No I didn’t hear this down the pub like the rest of you, it’s just basic common sense. Define commitment please? In terms of commitment to do what? I don't think they have money at all, also based on common sense. The evidence isn't there, just look at us! |
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Post by madgas on Nov 23, 2024 9:34:57 GMT
Is the 18 months just an earnout period?
When you buy a company you often build in some remediation for early success.
In 18 months we could be celebrating a promotion to the prem. We could also be in conference. Value of those worlds is wildly different. Hence this doesn't seem mad.
Obviously I could be wrong.
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Post by madridgas on Nov 23, 2024 9:45:46 GMT
Never heard of an earnout period for a football club, especially with the new owners having been running it for some time. Sounds like delayed payment, which as an aside would keep Wael from saying too much until he has full repayment. Wael doesn't need to contribute to losses, so that is a £2m+ saving for him and good cashflow management by the owners. If the overdue transfer payments to other clubs are true, I guess any future deals will need to be 100% cash upfront !
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roadman
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Post by roadman on Nov 23, 2024 10:01:29 GMT
Scrolling through this thread is a good laugh. So much nonsense flying about! FWIW I reckon if the Kuwaits have just chosen to buy out Wael, that probably suggests they have money. They didn’t have to do it, it shows MORE commitment not less. No I didn’t hear this down the pub like the rest of you, it’s just basic common sense. Define commitment please? In terms of commitment to do what? I don't think they have money at all, also based on common sense. The evidence isn't there, just look at us! He’s club sponsor, he has to toe the company line. And you will read this Harley and you will have also seen the praise and support I’ve given you on other threads in the last 2 weeks. It’s incredible what you have and are achieving in business and I’ve known you since you were at college and I stand by all this! But I am seeing nothing or hearing nothing that suggests these new owners have the minerals to make us a Brighton, Reading, Swansea, Cardiff, Hull, Doncaster, Rotherham……..we are putting lipstick on the pig for a profit and a bit of fun for the son to occupy him until he wants a nightclub in Kavos next. |
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Post by fanboy on Nov 23, 2024 11:29:01 GMT
Define commitment please? In terms of commitment to do what? I don't think they have money at all, also based on common sense. The evidence isn't there, just look at us! He’s club sponsor, he has to toe the company line. And you will read this Harley and you will have also seen the praise and support I’ve given you on other threads in the last 2 weeks. It’s incredible what you have and are achieving in business and I’ve known you since you were at college and I stand by all this! But I am seeing nothing or hearing nothing that suggests these new owners have the minerals to make us a Brighton, Reading, Swansea, Cardiff, Hull, Doncaster, Rotherham……..we are putting lipstick on the pig for a profit and a bit of fun for the son to occupy him until he wants a nightclub in Kavos next. I appreciate your comments, but for the record nothing I’ve said here is anything to do with sponsoring the club. I have not met the owners, and in fact, the people I worked with on the sponsorship have all left! 😂 |
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roadman
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Post by roadman on Nov 23, 2024 11:47:06 GMT
He’s club sponsor, he has to toe the company line. And you will read this Harley and you will have also seen the praise and support I’ve given you on other threads in the last 2 weeks. It’s incredible what you have and are achieving in business and I’ve known you since you were at college and I stand by all this! But I am seeing nothing or hearing nothing that suggests these new owners have the minerals to make us a Brighton, Reading, Swansea, Cardiff, Hull, Doncaster, Rotherham……..we are putting lipstick on the pig for a profit and a bit of fun for the son to occupy him until he wants a nightclub in Kavos next. I appreciate your comments, but for the record nothing I’ve said here is anything to do with sponsoring the club. I have not met the owners, and in fact, the people I worked with on the sponsorship have all left! 😂 So how can you be pro this new lot and this sums it up to me, you haven’t met the new owners of the club and you are the major sponsor?!?! Let’s leave it at that. |
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Post by pucklegas on Nov 23, 2024 14:46:26 GMT
Scrolling through this thread is a good laugh. So much nonsense flying about! FWIW I reckon if the Kuwaits have just chosen to buy out Wael, that probably suggests they have money. They didn’t have to do it, it shows MORE commitment not less. No I didn’t hear this down the pub like the rest of you, it’s just basic common sense. Agreed, they re spending their money on the club we love and get a lot of derision on here, Lansdown spent millions on the 82 ers and he doesn't get much gratitude from their lot! Time will tell but we ve been close to the brink several times, seem to be in safer hands, got to be careful what you wish for. |
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