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Post by gasincider on Sept 22, 2015 20:01:19 GMT
Two questions, Is this an all or nothing deal? That is, could the UWE be financed and owned by the 'consortium' with us playing there and therefore NH remains in charge (subject to satisfactory safeguards on tenure). Secondly, would this have an affect on player recruitment? If a deal is forthcoming could we have greater scope to bring in players sooner? 1) I would guess that NH will have to relinquish his position. Why would someone forking out £49m want to let NH continue losing money. 2) yes
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Post by casey12a on Sept 22, 2015 20:01:37 GMT
I agree with your estimate of what the club is worth but NH may think that it's £1 for the club, £10m-£12m for the mem and then the repayment of the loans on top of that. So you think NH would want £22m for an asset worth at most £12m. Who does he think the consortium are, Sainsburys?
He won't get a deal like that anywhere. But more to the point he wont see a stadium built to its original spec either. So if he plays hardball, it can only be because he either loves the kudos of being chairman of a football league club, or he does want more money. Why would a so called Gashead hold out for ridiculous money if he loves the club? If you find out let everyone else know. It beggars belief. Unfortunately NH and reality aren't always that close. As you mention just look at the Sainsburys shambles. My comments are purely based on guess work and my opinion based on his previous actions. I'd love to be wrong and that this is all true, we be get a new stadium, new owners, good investment and a well ran club. I think we'll all been patient enough.
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Post by pucklegas on Sept 22, 2015 20:03:26 GMT
Lots of posts wide of the mark. To reiterate what I posted yesterday, there is a consortium, they have a sensible offer, NH for some reason isn't taking it seriously (but that might have changed?), speculation about Brum, Guernsey etc wide of the mark. Expect some news, one way or another, in next 48 hours, if NH to retain what little credibility he has with the fans. NH would break even and see UWE built so his legacy would be credible. AW would presumably be pensioned off. But.....if NH fails to come clean very quickly with shareholders (and by definition BRSC and therefore us), then his position must surely be untenable? Unless there is a better offer out there (there isn't) or he is holding out for more cash (in certain circumstances greed can get the better of anyone). This is like guess who?! So have they ever had a link before with the Rovers board? Or any other club? did he wear a pink and black spotty outfit!
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Post by gasincider on Sept 22, 2015 20:03:26 GMT
Lincsblue. If you bring in £2m a year and spend £2.5m, the result is disaster eventually.
Topper. The offer on the table is now far better than when the stadium was first announced. As for player recruitment, I believe the starting post on this thread addressed that. Why put a £40m stadium up and play in league 2? They would want a team worthy of its surroundings to play there.
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Post by Deleted on Sept 22, 2015 20:06:01 GMT
Surely if he's refusing to acknowledge a genuine £40m investment offer his position will be untenable? Assuming there is some truth in the rumours then it could be an either better opportunity for Rovers than when the UWE plans were originally announced, as I assume the consortium will want to invest in the playing side of things as well as the ground itself. Although the danger now is that we will get full details of the consortium's proposals and it will not be as good as it sounds. Where is the proof that there is a £40m offer? Where is the proof he has refused said £40M offer? How can you say his position is untenable without said proof? Bbaaaahhhhhhhhhhhh Bbaaaahhhhhhhhhhhhhh
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Post by Antonio Fargas on Sept 22, 2015 20:06:40 GMT
Sorry, I just can't see where I said that. (ALL ?) By the way, just how much do you think the club is worth? I don't know, but if I hazard a guess, the football club is £1 and the Mem about £10-£12m. The debts are about that level. If a shortfall had to be covered I'm sure it would be. But it would be very little. We are knocking up interest payts of over £30k per month. The club is worth what the Mem is worth. We have no other real assets.... The fans.
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Post by Topper Gas on Sept 22, 2015 20:08:45 GMT
I agree with your estimate of what the club is worth but NH may think that it's £1 for the club, £10m-£12m for the mem and then the repayment of the loans on top of that. So you think NH would want £22m for an asset worth at most £12m. Who does he think the consortium are, Sainsburys?
He won't get a deal like that anywhere. But more to the point he wont see a stadium built to its original spec either. So if he plays hardball, it can only be because he either loves the kudos of being chairman of a football league club, or he does want more money. Why would a so called Gashead hold out for ridiculous money if he loves the club? If you find out let everyone else know. It beggars belief. I guess it might be a bit of both, although if you were him you'd be a bit peeved somebody had come in and had taken the plans you'd be working on virtually non stop for years. Perhaps NH should have kept quiet about all those fantastic income stream opportunities.
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Post by Deleted on Sept 22, 2015 20:12:31 GMT
Sorry, I just can't see where I said that. (ALL ?) By the way, just how much do you think the club is worth? I don't know, but if I hazard a guess, the football club is £1 and the Mem about £10-£12m. The debts are about that level. If a shortfall had to be covered I'm sure it would be. But it would be very little. We are knocking up interest payts of over £30k per month. The club is worth what the Mem is worth. We have no other real assets.... Less the debt.
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Post by gasincider on Sept 22, 2015 20:13:41 GMT
The consortium will be aware of the fans here. As you say, they are a huge asset to the club.
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Post by newmarketgas on Sept 22, 2015 20:24:37 GMT
As much a pain in the bum as an asset sometimes, lets not get carried away with how wonderful we are. We have a good following but an asset is going a bit far, we are as fickle as any other supporters, just ask NH.
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Post by Deleted on Sept 22, 2015 20:25:34 GMT
Surely if he's refusing to acknowledge a genuine £40m investment offer his position will be untenable? Assuming there is some truth in the rumours then it could be an either better opportunity for Rovers than when the UWE plans were originally announced, as I assume the consortium will want to invest in the playing side of things as well as the ground itself. Although the danger now is that we will get full details of the consortium's proposals and it will not be as good as it sounds. Well topper, 3 questions need answering...
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Post by Antonio Fargas on Sept 22, 2015 20:27:11 GMT
As much a pain in the bum as an asset sometimes, lets not get carried away with how wonderful we are. We have a good following but an asset is going a bit far, we are as fickle as any other supporters, just ask NH. We hand over money consistently and reliably; that's a business asset.
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Post by newmarketgas on Sept 22, 2015 20:29:59 GMT
And get to watch a game of football. Deal done.
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Post by baggins on Sept 22, 2015 20:31:28 GMT
The consortium will be aware of the fans here. As you say, they are a huge asset to the club. Really? Nothing against whomever they are, but investors from outside of Bristol, with that sort of cash, will only see us as an investment. Somewhere they can look for a return. Think they see the fans as something they can get that from? I doubt they've even seen us play. That worries me.
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Post by Deleted on Sept 22, 2015 20:43:53 GMT
What I can't get my head around is people saying Nick Higgs position has become untenable without giving a single piece of evidence why! Put up, or shut up.
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Post by Topper Gas on Sept 22, 2015 20:45:29 GMT
Can anything really be worse than what we had to suffer during the previous two seasons under supposed Gasheads running the club?
Don't forget there's still the 82er's in a revamped AG south of the river has competition for football supporter so any new investors can't simply increase seat prices etc.
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Post by Deleted on Sept 22, 2015 20:48:04 GMT
Can anything really be worse than what we had to suffer during the previous two seasons under supposed Gasheads running the club? Don't forget there's still the 82er's in a revamped AG south of the river has competition for football supporter so any new investors can't simply increase seat prices etc. You can't say Nick Higgs position is untenable, then not give a single bit of evidence why!
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Post by Topper Gas on Sept 22, 2015 20:48:40 GMT
Surely if he's refusing to acknowledge a genuine £40m investment offer his position will be untenable? Assuming there is some truth in the rumours then it could be an either better opportunity for Rovers than when the UWE plans were originally announced, as I assume the consortium will want to invest in the playing side of things as well as the ground itself. Although the danger now is that we will get full details of the consortium's proposals and it will not be as good as it sounds. Where is the proof that there is a £40m offer? Where is the proof he has refused said £40M offer? How can you say his position is untenable without said proof? Bbaaaahhhhhhhhhhhh Bbaaaahhhhhhhhhhhhhh Unless your just a WUM even you have to admit this will have been one hell of a wind up by either JTS, or his source, if it all turns out to be nonsense?
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Post by newmarketgas on Sept 22, 2015 20:50:44 GMT
Can anything really be worse than what we had to suffer during the previous two seasons under supposed Gasheads running the club? Don't forget there's still the 82er's in a revamped AG south of the river has competition for football supporter so any new investors can't simply increase seat prices etc. Yes !
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Post by Deleted on Sept 22, 2015 20:51:48 GMT
Where is the proof that there is a £40m offer? Where is the proof he has refused said £40M offer? How can you say his position is untenable without said proof? Bbaaaahhhhhhhhhhhh Bbaaaahhhhhhhhhhhhhh Unless your just a WUM even you have to admit this will have been one hell of a wind up by either JTS, or his source, if it all turns out to be nonsense? You have said Nick Higgs position is untenable, just show us how! Are you going by rumors on a internet forum?
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