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Post by dave on Jul 24, 2016 17:57:54 GMT
I read it, UWE are saying we do not want to sell our land, you need to rent / lease the site from us, take it or leave it; which probably means another 30 years ******* about; that said, I like the MEM, great location, plenty of boozers, whats not to like ? if Wael has a few bob ? simply revamp the existing ground, which will be plenty big enough for div 1 football, which is where we have been playing most of football since I have been watching the boys in blue and white. What do UWE lose if they don't sell the land? The answer is nothing. They will just have a boat load of Wael's cash but nowhere to spend the money build / develop. You can see how it makes sense to them to hold out for as much as they can get.
Its pretty obvious that they hold the aces here and if this plan doesn't happen they'll still build something similar but smaller for themselves as they had always intended to and probably be just as happy.
Struggling to see any benefit to them from the stadium going there if they don't get any ongoing financial benefit from it. Its completely understandable that the negotiations are taking so long and, as with the takeover, sometimes good things come to those who wait. I think everyone should be a bit more patient.
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Post by KingswoodGas on Jul 24, 2016 18:32:40 GMT
I read it, UWE are saying we do not want to sell our land, you need to rent / lease the site from us, take it or leave it; which probably means another 30 years ******* about; that said, I like the MEM, great location, plenty of boozers, whats not to like ? if Wael has a few bob ? simply revamp the existing ground, which will be plenty big enough for div 1 football, which is where we have been playing most of football since I have been watching the boys in blue and white. We already have a new canopy above a door what else do we need.
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Post by daniel300380 on Jul 24, 2016 18:36:19 GMT
I read it, UWE are saying we do not want to sell our land, you need to rent / lease the site from us, take it or leave it; which probably means another 30 years ******* about; that said, I like the MEM, great location, plenty of boozers, whats not to like ? if Wael has a few bob ? simply revamp the existing ground, which will be plenty big enough for div 1 football, which is where we have been playing most of football since I have been watching the boys in blue and white. What do UWE lose if they don't sell the land? The answer is nothing. They will just have a boat load of Wael's cash but nowhere to spend the money build / develop. You can see how it makes sense to them to hold out for as much as they can get.
Its pretty obvious that they hold the aces here and if this plan doesn't happen they'll still build something similar but smaller for themselves as they had always intended to and probably be just as happy.
Struggling to see any benefit to them from the stadium going there if they don't get any ongoing financial benefit from it. Its completely understandable that the negotiations are taking so long and, as with the takeover, sometimes good things come to those who wait. I think everyone should be a bit more patient.
It's still good for them to have the stadium on campus, especially if they are still allowed to use some of the facilities. The arrangement can suit both parties.
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Post by Langford Gas on Jul 24, 2016 18:36:44 GMT
I think as soon as the UWE governors sign off the agreed deal it will be full steam ahead
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Post by madgas on Jul 24, 2016 18:52:07 GMT
No need to guess.
They simply can't report on news while they are still negotiating.
You don't show your hand till everything is signed and agreed.
This doesn't mean negotiations are going bad or good
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Post by countygroundhotel on Jul 24, 2016 19:30:15 GMT
At the end of the day Money talks and Wael has it and Nick Higgs didn't. As they say "Everything has a price" and it could well be the financial aspect that is the hold u. I really hope it goes through because another 30 years is certainly not on my schedule!!!! Has he Steve? Could he prove to the UWE legal advisors that he can deposit £30m (or whatever the build & buy cost is) in an account that can be used solely for building a stadium at UWE? Perhaps he can, perhaps he can't I don't know but if you know he can perhaps you could share you're evidence.
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Post by oldgas on Jul 24, 2016 20:05:01 GMT
I read it, UWE are saying we do not want to sell our land, you need to rent / lease the site from us, take it or leave it; which probably means another 30 years ******* about; that said, I like the MEM, great location, plenty of boozers, whats not to like ? if Wael has a few bob ? simply revamp the existing ground, which will be plenty big enough for div 1 football, which is where we have been playing most of football since I have been watching the boys in blue and white. We already have a new canopy above a door what else do we need. I didn't realise but we actually have TWO canopies above doors, one at each end of the upper entrances to the Dribuild suite. proof positive, if any were needed, that The Gas are on their way up!
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Post by spiess1 on Jul 24, 2016 20:17:32 GMT
Do they do canopies with pies?
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Post by daniel300380 on Jul 24, 2016 21:43:01 GMT
At the end of the day Money talks and Wael has it and Nick Higgs didn't. As they say "Everything has a price" and it could well be the financial aspect that is the hold u. I really hope it goes through because another 30 years is certainly not on my schedule!!!! Has he Steve? Could he prove to the UWE legal advisors that he can deposit £30m (or whatever the build & buy cost is) in an account that can be used solely for building a stadium at UWE? Perhaps he can, perhaps he can't I don't know but if you know he can perhaps you could share you're evidence. Well he cleared the clubs debts and bought the club easy enough. He has brought in experts on acquisition and on building stadiums, that won't be working for free. His family's company was part of a group that bought out HSBC banks in Jordan for £1.2 billion, they have bought other companies so they have experience in finding investment. So I think it's safe to assume they can find investment for Uwe, if they couldn't, they wouldn't have bought us.
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Post by Topper Gas on Jul 25, 2016 5:29:32 GMT
Has he Steve? Could he prove to the UWE legal advisors that he can deposit £30m (or whatever the build & buy cost is) in an account that can be used solely for building a stadium at UWE? Perhaps he can, perhaps he can't I don't know but if you know he can perhaps you could share you're evidence. Well he cleared the clubs debts and bought the club easy enough. He has brought in experts on acquisition and on building stadiums, that won't be working for free. His family's company was part of a group that bought out HSBC banks in Jordan for £1.2 billion, they have bought other companies so they have experience in finding investment. So I think it's safe to assume they can find investment for Uwe, if they couldn't, they wouldn't have bought us. Problem is in the post Brexit era none of us know how easy it is to now raise finance for property deals such as sports stadia. As far as the UWE I thought their main interest in the stadium was to use it to become a US type sports college to attract more students, not just as a money making scheme, so they seemingly do have something to lose if Rovers pull out of the deal, then again that could have been BS to get the plans passed by S Glos.
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Post by Henbury Gas on Jul 25, 2016 7:44:36 GMT
Well he cleared the clubs debts and bought the club easy enough. He has brought in experts on acquisition and on building stadiums, that won't be working for free. His family's company was part of a group that bought out HSBC banks in Jordan for £1.2 billion, they have bought other companies so they have experience in finding investment. So I think it's safe to assume they can find investment for Uwe, if they couldn't, they wouldn't have bought us. Problem is in the post Brexit era none of us know how easy it is to now raise finance for property deals such as sports stadia. As far as the UWE I thought their main interest in the stadium was to use it to become a US type sports college to attract more students, not just as a money making scheme, so they seemingly do have something to lose if Rovers pull out of the deal, then again that could have been BS to get the plans passed by S Glos. more like the UWE trustee's ......... Also in WAQ latest video, did he not say that any announcement about the UWE Sports complex will be made by the UWE themselves....
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Post by gregsy on Jul 25, 2016 8:23:53 GMT
if there was another possible site available wouldn't waq have bought it by now as a precaution against the uwe falling through and the other site being sold....
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Post by stevek192 on Jul 25, 2016 8:56:41 GMT
He definitely did not say that the UWE would make the announcement. What he said was that the two guys who are heading the project will make the announcement and will take justified praise for their efforts if they succeed. That last bit is just me reading it that way.
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Post by warehamgas on Jul 25, 2016 10:27:51 GMT
I think it is exactly like this. Coventry and Oxford both desperately wanted new grounds and agreed to deals which were not in the long term interests of the clubs. It seems incredible that both would want another new ground only 12 years or so after moving in. This is why the planning over freehold/leasehold and income rights has to be in our favour. It takes time. We don't want to be repeating this problem 10 years down the line. So we have to be patient, let Wael and co get the planning stuff correct and in our favour over the long term. And yes it is very frustrating but the alternative was awful! Just imagine the last board might have agreed to anything just to build it and it would have taken a few years before the problems came out. I have faith that these people will get it done correctly, albeit not very quickly. It will be good when we have actual football to moan about! UTG! I don't think you can compare the efforts of Nick Higgs with the debacle at the Ricoh. The owners of Coventry City agreed a rent of over £1m a year to use the stadium, with a minimal interest in income from food and drink, and nothing from all the other events. Expecting a quick return to the Premier League in their shiny new stadium to cover the costs, when in fact things went Pete Tong for Coventry, there was no way they could afford the rent. Hence the exile in Northampton in front of crowds of 2,500. They now pay £100k a year, just a tenth of the original rent, presumably because without Coventry City, the Ricoh is a massive white elephant. Higgs may not have been negotiating from a position of strength, but had we got to the UWE under his tenure, we would as a minimum have owned the stadium, if not the land. We may be better off without him, but in my opinion Nick Higgs as a gashead would never have led us down the disastrous financial path that the hedge fund owners of Coventry City led their club. My point was that the planning conditions and all the pre-build contract arrangements have to be right for Rovers and that we don't want to be in the same position as Coventry and Oxford of thinking we need to re build, re negotiate a deal in a few years time. The context of every club is different but if Coventry agreed a rent of £1m a year on a new stadium I would have thought that is definately something to avoid especially if other streams of income are being limited by other agreements! I do not think that NH would have knowingly taken us down a disastrous financial path but there appeared to be an increasing desperation on their part which I do not see with the current board. They are adopting a sensible and patient approach to this which is frustrating for some. From the start it was said that it would take time to get the conditions for building correct for builders and in my mind the new owners have been as good as their word. UTG!
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Post by beaver132 on Jul 25, 2016 10:35:48 GMT
Do they do canopies with pies? Canopies already has the word Pies in it, so that's a yes!
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Post by Midsomer Murderer on Jul 25, 2016 12:42:46 GMT
Do they do canopies with pies? Canopies already has the word Pies in it, so that's a yes! hmmmm can o' pies
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Post by baggins on Jul 25, 2016 12:54:50 GMT
Canopies already has the word Pies in it, so that's a yes! hmmmm can o' pies What noise did the animal that went in that make?
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Post by Midsomer Murderer on Jul 25, 2016 12:56:34 GMT
hmmmm can o' pies What noise did the animal that went in that make? Woof woof
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Deleted
Deleted Member
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Post by Deleted on Jul 25, 2016 13:15:15 GMT
Fray Bentos. Proper meaty grub
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Post by rovers5charlton5 on Jul 25, 2016 16:41:15 GMT
I think as soon as the UWE governors sign off the agreed deal it will be full steam ahead 2 I doubt we'll hear any news soon, as a lot of people are away from Universities at the moment, it being summer and all. There's nobody there to make a decision.
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