Wael bought out.

But everybody wants change

There's more to it then just change, the worry is we know so little about the new owners, at least when Wael arrived we could all see that he was a member of Jordanian banking family, before that we all knew about the Dunfords and NH's business interests, all we know about the Al Seead's is that the father seems to own a property development company whose website hasn't been updated for around a decade(?) and the son owns a fast food franchise. We all know Rovers need roughly £3m/£4m to survive so where's that kind of money coming from post Wael?   

Thanks Wael for your efforts over the past 8 years.
Not sure what his legacy will be but it would be super critical not to be pleased with the training ground, the fact that he saw us through Covid (though tbh so did every board of every one of the 92 league clubs, no club went out of business) and eventually helped to build a new stand. And football-wise he gave us two great promotions although I’m not sure they were ‘his’. In ‘16 he had just come in and in ‘22 we should never have been there in the first place and probably wouldn’t had he not made errors in three managerial appointments.

He came over as genuine and a very nice man but ultimately his tenure was a catalogue of missed opportunities. He was no businessman. There was no real plan when the family took over and it soon became apparent he was more interested in the glamour and celebrity that surrounded football rather than constructing a realistic business plan. It became apparent he was the public face of the club but the family were setting the financial limits of what he could and couldn’t do. By the time he took over from the family Covid was hitting and understandably he was into ensuring our survival during the crisis. Good businessmen surround themselves with other good people, I’m not sure Wael ever did that.

Ultimately I think his ownership was mixed because he came in promising the earth and not delivering. My lasting memory of him will be his arrival and him saying very clearly we will have a new ground and “finances will not be a problem.” It slowly became clear that finances could be a problem and when it all went t*** on the eve of the Charlton opener in ‘17 I don’t think he ever recovered his credibility. And his starting the FruitMarket ….. ridiculous given it was always unlikely. It was a sign of panic, nothing more. I sincerely thank him for writing off our debt at the end of Covid but his running of the club was responsible for much of it.

I’m sure many will disagree but I don’t necessarily want our owners to be nice guys I want them to be competent businessmen or women who have a plan and the finances to carry out the plan. And to be honest I don’t know enough about our current owners. I’ll give them the benefit of the doubt at the moment given that they’ve completed the South Stand ( I know they didn’t start it), and have tentative ground development plans. They also spent a good deal of money in the summer recruiting players on a scale we haven’t seen very often. I am worried about the rumours that some on here have posted about some of the people around the club on a day-to-day basis and appearing to treat us like a game of Championship Manager. But let’s face it our history is littered with fathers buying the club and letting their son play with us. Sometimes it works like the Dunfords, sometimes it doesn’t and at the moment the jury is out.

I travel with optimism as I always have! 😉

UTG!

I don’t know the answer to your question and neither do you or you wouldn’t be asking me it.
However My post still stands, we’ve never spent anything like what we’ve had coming in until now.

👍

Yeehaa ! 

I wonder why he's staying on as Club President for 18 months? I assume he'll be paid back for his shares over that period but he surely won't have any active role as a director? Just an honorary title as a mark of respect I suppose.

Wael chose the present incumbents. If they are not who or what they say they are then it’s just another example in a long list of his excellent judgment during his tenure.

Walked or pushed, it’s his own fault.

Shame, always felt comfortable with Wael on board, felt he really was one of us, hope he knows what he is doing , don't know any thing about the new lot hope for the best as usual i suppose, thanks Wael .