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Post by readinggas on Sept 2, 2016 9:33:58 GMT
Where we have been really lucky with wael, is that he is genuinely interested in the development of this club. He wants what we want and is putting in place all of the things that he thinks are required to push us forward. He has done this for all the same reasons that we support the club - although I guess, that he feels that there is the possibility of a profit at the end of it if he gets it right. In the meantime Sustainability means that WE are no longer in the position to fear that the club might go bankrupt in the short term and we have a rosy future to look forward to. This ^^ There are plenty of clubs who have been taken over by ruthless or swivel-eyed loons. We have someone who wants to build the club on solid foundations and appears to be here for the long haul. Get the basics right, be patient, and success will follow. Madjeski's stewardship at Reading, for example.
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Post by socrates on Sept 2, 2016 9:54:58 GMT
I think the three most important things are that he loves football and he understands football. He's the kind of bloke that would rather stand on the terraces with the fans than sit up in a box and that comes from his history watching games since the 80s at Chelsea. His family is also totally minted so it's a great combination and I really believe we're in good hands. How many foreign billionaire football club owners have got a long history of watching the game and understanding the game in their clubs country? Probably not many.
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Post by warehamgas on Sept 2, 2016 10:39:08 GMT
The guy is full of common sense. Understands his football and appears to be in it for the long haul. Being a businessman with a banking and family background he approaches it sensibly. That he is very rich helps in that he probably has little to prove but he wants to do things in the right way. He understands football enough to know very few clubs are able to buy lasting success. Even the biggest clubs are well run businesses whose outgoings are matched very strongly by income streams that allow them to develop youth policies, ground developments and incoming transfers. He will know the blueprint for success and slowly I expect to see us become a much better run club. That doesn't mean I expect to see promotion after promotion. I feel that the difference between League 1 and the Championship is a kind of glass ceiling. In league 1 there may be a few clubs with money but most will be relying on free transfer and loans from bigger clubs. In the championship what many clubs spend is frightening and we will need to have better income streams to make the club sustainable. Were we to get there whilst at the Mem we might even have to consider a short stay whilst still growing as a club! (I can just imagine the forums!) but I feel that might be the reality. It's going to be an exciting 3/4 years and I feel as confident as I have ever been that the club is in very good hands and that we will grow as a club in a very good way. Whatever, UTG!
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Post by Antonio Fargas on Sept 2, 2016 11:35:53 GMT
I think the three most important things are that he loves football and he understands football. And he understands maths.
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Post by slam on Sept 2, 2016 11:49:27 GMT
I think the three most important things are that he loves football and he understands football. And he understands maths. That made me smile - you didn't write the "Life of Brian" script did you?
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Post by socrates on Sept 2, 2016 12:04:42 GMT
To be fair if you read my post again the third thing was that his family is minted.
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Post by Topper Gas on Sept 2, 2016 12:39:01 GMT
Bliney this thread shows the extremes of fans views, I think until we actually see some real money spent at the club we can't really judge Wael one way or the other, he says all the right things to the press but at the moment there's no real signs he's spent anymore of his own money than NH & co, even although he does seem a damn sight better at running a footbal club.
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Post by wrongsideoftheriver on Sept 2, 2016 12:45:37 GMT
Bliney this thread shows the extremes of fans views, I think until we actually see some real money spent at the club we can't really judge Wael one way or the other, he says all the right things to the press but at the moment there's no real signs he's spent anymore of his own money than NH & co, even although he does seem a damn sight better at running a footbal club.
Apart from whipping clean the clubs debts!
Higgs & co couldn't afford to pay them loans off and were close to putting us out of business.
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Post by casey12a on Sept 2, 2016 12:47:50 GMT
Maybe he won't need to spend/loan as much as NH if he can run the club well.
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Post by Gastafari on Sept 2, 2016 13:51:32 GMT
I think until we actually see some real money spent at the club there's no real signs he's spent anymore of his own money than NH & co, Apart from whiping out the clubs debt, however small overseeing more improvements to the facilities at The Mem in 6 months than the previous 20 years,hiring top class professionals to sort out the stadium fiasco, keeping our best players, keeping the best manager we've had for donkeys years, and bringing in players of quality which we haven't been able to attract for nearly a decade. Apart from that you mean?
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Post by slam on Sept 2, 2016 14:09:50 GMT
The "Wonga" loan has not disappeared, it is just off BRFC's accounts. Was I imagining it, but didn't the Wonga Loan also contain a charge against the Memorial Stadium. If that was true, I don't see how it can be taken off the club's books until it is paid off.
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Post by mumbles on Sept 2, 2016 14:43:06 GMT
Bliney this thread shows the extremes of fans views, I think until we actually see some real money spent at the club we can't really judge Wael one way or the other, he says all the right things to the press but at the moment there's no real signs he's spent anymore of his own money than NH & co, even although he does seem a damn sight better at running a footbal club. I don't really understand what you expect to see? It's clear to me that he is already spending money but he's doing it in a very controlled way in order to address obvious problem areas. Things like overnight stays for the team to prevent last minute travel, food after training, the scoreboard and other niggly things at the Mem which have needed addressing for ages and have now been sorted. He's also brought in some very impressive people to work on UWE which won't be cheep. He's not been flash which is something I really like about him. A fool and his money are easily parted. Wael is no fool.
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Post by Jon the Stripe on Sept 2, 2016 15:09:00 GMT
Good management means you don't spend money unless you have to.
We hope to leave The Mem so no need to spend much there, DC appears to be happy with his squad and likes to get the best out of hard working lads therefore no big spending required there. Meanwhile we still seem to be progressing, so a responsible owner will rightly save his money for another day......when it's needed. It would be blasé to spend for spendings sake or to try to impress. UTG
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Post by beaver132 on Sept 2, 2016 19:29:35 GMT
So what have the Jordanians ever done for us? We got promoted? OK, but that wasn't really them. We kept DC, the best manager in decades. OK, apart from that? Kept our best players? Kept us solvent, improved the squad, backed the manager, brought in after match meals, started to add professionalism behind the scenes, improved the stadium, put round pegs in round holes, rejuvenated a belief in the club, improved the profile of the club nationally and internationally, promised a new stadium? OK, apart from all of that, what have the Jordanians ever done for us? Well, between tham and DC, they've given us Our Rovers Back!!!
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Post by socrates on Sept 2, 2016 19:39:11 GMT
So what have the Jordanians ever done for us? We got promoted? OK, but that wasn't really them. We kept DC, the best manager in decades. OK, apart from that? Kept our best players? Kept us solvent, improved the squad, backed the manager, brought in after match meals, started to add professionalism behind the scenes, improved the stadium, put round pegs in round holes, rejuvenated a belief in the club, improved the profile of the club nationally and internationally, promised a new stadium? OK, apart from all of that, what have the Jordanians ever done for us? Well, between tham and DC, they've given us Our Rovers Back!!! Well said. I think a combination of DC his staff and the Jordanians have done that and long may that combination continue.
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Post by warehamgas on Sept 2, 2016 21:03:34 GMT
Bliney this thread shows the extremes of fans views, I think until we actually see some real money spent at the club we can't really judge Wael one way or the other, he says all the right things to the press but at the moment there's no real signs he's spent anymore of his own money than NH & co, even although he does seem a damn sight better at running a footbal club. I know what you mean about him not spending money on transfer fees but few clubs at this level do that, not even the top ones. I don't know what real money you expect to be spent. We aren't going to go around spending money on players, we aren't going to spend money on any long term improvements at the Mem. He is spending money on maintaining the basic facilities at the Mem and improving the match day experience. We are starting to see the marketing slowly improve to increase income. The PR as a club is far better and our position amongst other clubs must have improved. The players, permanent and loans are a step up from what we've seen over the past. He's saving the money, I think, until the new ground starts and has always said we must be patient and get the planning process right and that's what he's doing. So all in all I am delighted and feel he's used his money very well. UTG!
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Post by Topper Gas on Sept 2, 2016 21:23:03 GMT
As I said there's no real evidence he's spent any of his own money, the loans of gone from BRFC 1883's books but they could just as easy be now sat on Dwane Sports, as they must exist for some reason.
As far as paying for meals etc whilst it's good to hear that's now happening given the increased attendances/season ticket they are probably paying for themselves.
The club now seems to be far better run but that's not difficult given how poorly it seems money will need to be spent, let's hope Wael's prepared to spend it.
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Post by socrates on Sept 2, 2016 21:45:11 GMT
Bliney this thread shows the extremes of fans views, I think until we actually see some real money spent at the club we can't really judge Wael one way or the other, he says all the right things to the press but at the moment there's no real signs he's spent anymore of his own money than NH & co, even although he does seem a damn sight better at running a footbal club. I know what you mean about him not spending money on transfer fees but few clubs at this level do that, not even the top ones. I don't know what real money you expect to be spent. We aren't going to go around spending money on players, we aren't going to spend money on any long term improvements at the Mem. He is spending money on maintaining the basic facilities at the Mem and improving the match day experience. We are starting to see the marketing slowly improve to increase income. The PR as a club is far better and our position amongst other clubs must have improved. The players, permanent and loans are a step up from what we've seen over the past. He's saving the money, I think, until the new ground starts and has always said we must be patient and get the planning process right and that's what he's doing. So all in all I am delighted and feel he's used his money very well. UTG! And he's spent a lot of money securing the likes of DC Taylor and Lockyer. 3 massive signings that we probably wouldn't have made if he hadn't bought the club. I think he's spent loads in the short time he's been here, but it's been in the right areas not just throwing it at agents and over the hill players who used to play for someone big. Great work by our new owner so far "keep up the good work" as he would say.
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Post by xplosivgas on Sept 2, 2016 22:51:49 GMT
For me the jury is still out on the new ownership. Seems the manner in which the club has been taken over is a much scaled-down version of what the Glazer's did at Man U. Not saying that's an entirely negative thing because it could work out well; it's just at the moment he hasn't really stumped up any of his personal cash since our increased attendances has pretty much covered recent expenditure. The ket factor as far as ownership success is concerned (in my option) is if the UWE can be pulled out the hat.
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Post by yategas78 on Sept 2, 2016 23:15:12 GMT
I agree the Stadium is crucial so let's hope we get some positive news soon!
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