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Post by Severncider on Feb 13, 2016 11:52:11 GMT
Just received notification that the AGM is on Monday 7th March.
I have to apply for a copy of the 2015 Audited Accounts so have no idea what the profit/loss was as at 30th June 2015 or what the current outstanding debt is.
Will be at The Mem on Monday morning to get my copy.
I note that Nick Higgs, Edward Ware and Brian Seymour Smith are up for re-election. |
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Post by Thatslife on Feb 13, 2016 12:54:39 GMT
Brian who?.......
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Post by madridgas on Feb 13, 2016 13:16:08 GMT
Just received notification that the AGM is on Monday 7th March.
I have to apply for a copy of the 2015 Audited Accounts so have no idea what the profit/loss was as at 30th June 2015 or what the current outstanding debt is.
Will be at The Mem on Monday morning to get my copy.
I note that Nick Higgs, Edward Ware and Brian Seymour Smith are up for re-election. Interesting - The Audited Accounts do not need to be filed until 31/3/2016. It would be great if you could post them here :-) |
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Post by lpgas on Feb 13, 2016 14:30:57 GMT
Will the Consortium be there?
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Post by Deleted on Feb 13, 2016 16:01:29 GMT
Just received notification that the AGM is on Monday 7th March.
I have to apply for a copy of the 2015 Audited Accounts so have no idea what the profit/loss was as at 30th June 2015 or what the current outstanding debt is.
Will be at The Mem on Monday morning to get my copy.
I note that Nick Higgs, Edward Ware and Brian Seymour Smith are up for re-election. Wouldn't that be the outstanding debt to the year end 30/06/2015 which is almost a year out of date now? Perhaps an update from TWatola could be requested at the AGM. |
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Post by Severncider on Feb 13, 2016 16:06:03 GMT
Just received notification that the AGM is on Monday 7th March.
I have to apply for a copy of the 2015 Audited Accounts so have no idea what the profit/loss was as at 30th June 2015 or what the current outstanding debt is.
Will be at The Mem on Monday morning to get my copy.
I note that Nick Higgs, Edward Ware and Brian Seymour Smith are up for re-election. Interesting - The Audited Accounts do not need to be filed until 31/3/2016. It would be great if you could post them here :-) Do not have a clue how to do that.
I'll confirm the profit/loss and the overall debt.
One thing in the notes. There is a resolution to give BRFC the option to buy 31 Filton Avenue owned by Edward Ware for £520k. For giving that option BRFC have paid Edward Ware £125k.
Remember when it was disclosed by Gasincider that BRFC did not own this property as required by the Contract with Sainsbury, he was slagged off by a few on here. Now what were their names? 
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Post by Severncider on Feb 13, 2016 16:07:44 GMT
Just received notification that the AGM is on Monday 7th March.
I have to apply for a copy of the 2015 Audited Accounts so have no idea what the profit/loss was as at 30th June 2015 or what the current outstanding debt is.
Will be at The Mem on Monday morning to get my copy.
I note that Nick Higgs, Edward Ware and Brian Seymour Smith are up for re-election. Wouldn't that be the outstanding debt to the year end 30/06/2015 which is almost a year out of date now? Perhaps an update from TWatola could be requested at the AGM. Correct.
I will ask the question but will not expect a reply as this info would be of interested to any interested investor in BRFC.
I will ask for the amount of the outstanding interest on the MSP loan, which is not currently being paid.
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Post by Deleted on Feb 13, 2016 16:18:47 GMT
Wouldn't that be the outstanding debt to the year end 30/06/2015 which is almost a year out of date now? Perhaps an update from TWatola could be requested at the AGM. Correct.
I will ask the question but will not expect a reply as this info would be of interested to any interested investor in BRFC.
Can you double check that it's number 31 Filton Ave and when you think Ed Ware acquired it? |
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Post by Severncider on Feb 13, 2016 16:23:00 GMT
Correct.
I will ask the question but will not expect a reply as this info would be of interested to any interested investor in BRFC.
Can you double check that it's number 31 Filton Ave and when you think Ed Ware acquired it? Yes it is 31.
The date that Edward Ware brought this and price paid can be obtained from Land Registry for a charge of £3.
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Post by Deleted on Feb 13, 2016 16:31:18 GMT
Can you double check that it's number 31 Filton Ave and when you think Ed Ware acquired it? Yes it is 31.
The date that Edward Ware brought this and price paid can be obtained from Land Registry for a charge of £3.
It must fairly recent as the last change registered was in 1997. |
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Post by Topper Gas on Feb 13, 2016 16:46:40 GMT
Wouldn't that be the outstanding debt to the year end 30/06/2015 which is almost a year out of date now? Perhaps an update from TWatola could be requested at the AGM. Correct.
I will ask the question but will not expect a reply as this info would be of interested to any interested investor in BRFC.
I will ask for the amount of the outstanding interest on the MSP loan, which is not currently being paid.
It doesn't take a mathematician to work that out? |
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Post by Severncider on Feb 13, 2016 17:05:21 GMT
Correct.
I will ask the question but will not expect a reply as this info would be of interested to any interested investor in BRFC.
I will ask for the amount of the outstanding interest on the MSP loan, which is not currently being paid.
It doesn't take a mathematician to work that out? You are assuming that the Interest rate has not changed since the terms of repayment where changed, I am not taking that as a given. |
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Post by Topper Gas on Feb 13, 2016 18:03:01 GMT
What does it matter if the Jordanian's are investing millions in the club next week? You can't have it both ways either you're concerned about how NH is running up debts, or we're about to be taken over and so have our debts wiped out, which is it?
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Post by Deleted on Feb 13, 2016 18:06:26 GMT
What does it matter if the Jordanian's are investing millions in the club next week? You can't have it both ways either you're concerned about how NH is running up debts, or we're about to be taken over and so have our debts wiped out, which is it? Top post! |
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Post by Severncider on Feb 13, 2016 18:37:47 GMT
What does it matter if the Jordanian's are investing millions in the club next week? You can't have it both ways either you're concerned about how NH is running up debts, or we're about to be taken over and so have our debts wiped out, which is it? Are you sure of that.
Again, I will await any confirmation from NH.
If that is correct, as with the original Consortium, the debts run up by BRFC under NH could be wiped out.
I am concerned that the increased debt has meant that someone else has to clear them.
Do I assume that you feel it is OK to run up an increased debt of £5m+ on the basis that someone else will bail us out.
I hope you do not run your family finances on that basis.
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Post by newmarketgas on Feb 13, 2016 19:23:13 GMT
The Jordanian guys are not going to worry about the cost of a water poor lunch ( a few million quid ) . Lets move onwards and upwards.
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Post by dinsdale on Feb 13, 2016 20:33:25 GMT
What does it matter if the Jordanian's are investing millions in the club next week? You can't have it both ways either you're concerned about how NH is running up debts, or we're about to be taken over and so have our debts wiped out, which is it? Are you sure of that.
Again, I will await any confirmation from NH.
If that is correct, as with the original Consortium, the debts run up by BRFC under NH could be wiped out.
I am concerned that the increased debt has meant that someone else has to clear them.
Do I assume that you feel it is OK to run up an increased debt of £5m+ on the basis that someone else will bail us out.
I hope you do not run your family finances on that basis.
I'm really interested in how much the likes of Nick, Geoff and Barry get for their shares if they sell up. Less then they paid would be the right thing to do imo. |
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Post by Topper Gas on Feb 13, 2016 22:26:35 GMT
Surely that depends on whether it's a fire sale to cut their losses or a multi million pound buyout as somebody feels the income streams etc from the UWE make it worthwhile investing £30+ in the club?
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Post by Topper Gas on Feb 14, 2016 8:05:58 GMT
Can you double check that it's number 31 Filton Ave and when you think Ed Ware acquired it? Yes it is 31.
The date that Edward Ware brought this and price paid can be obtained from Land Registry for a charge of £3.
No need to waste £3: m.zoopla.co.uk/property/31-filton-avenue/horfield/bristol/bs7-0aq/2673431It would be interesting to know what warrants the club paying Ed Ware a £125K premium for the property, plus where the money is coming from to purchase it, the MSP loan or a further increase on that loan? |
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