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So professional they are advertising tickets for 2018/1019, I suppose they need to build up their fanbase before that rotten Ted William the conqueror comes over and ruins it all for them

Premium seating?

I know Betamax has been out of use for years.

Would have taken all of 30 seconds to sort that. Surprised the video guy didn't get it moved. Professional pride and all that.

All I can say is 'Section 35' ...............which clearly (again) states that Dwayne Sports ltd is incorporated in Jersey. Therefore, I'm afraid the idiotic G*slogic on-and-on-and-on claim that we're owned by a non-uk entity (Sir Steve) really doesn't have the desired effect, does it? Still, why let facts get in the way of a childish pop at a real benefactor, eh? Same old, same old............. nobs

It's almost like they're trying to be shit on purpose. Mickey Mouse wears a Bristol Rovers watch.

In laymans terms, no financial organization would want to lend money to a company with zero assets, inadequate cash flow, especially with specialized collateral that cannot be liquidated to offset the potential chargeoff of the loan. I'm pretty sure we are on the same page here. It's an extremely risky investment. Isn't that why they are looking more for a private investor as a bank wouldn't touch them with a 10 foot pole?

TIN POT

How on Earth did that get through the filter??

I would think this mans most useful attribute is that his surname rhymes with orange.

Must have stood out a mile then...

the only place taqlking about rovers accounts and them being nearly 14 million in debt is OTIB you couldn't make it up, and old Henbury is at it again..... 20 hours ago Smithy Gas said: 22 hours ago Henbury Gas said: Its connected to the old Henbury/Filton Line which starts life in Seven Beach i think and will be part of the "New" Henbury loop line going into Parkway and Temple Meads They are building a £6m Station at the Filton (Charlton Halt ? - Brab Hanger) and a £12m+ at Henbury Work has started at Ashley Down railway station to upgrade it as well The Biggest Hold up is to Filton Junction as they need to convert it to a 4 line junction from 2 at the moment en.wikipedia.org/wiki/Henbury_Loop_Line Except this isn't true is it? As the Henbury Loop was rejected and they are opening a spur line rather than an efficient loop which would link effectively to Parkway/BTM? Four tracking is also underway at Filton Junction and so shouldn't be holding up the local stations being built - although there most definitely is nothing happening at Ashley Down! Keep trying though... By the time the Arena is built in 2025 it will be a loop line. It will initially be a spur due to the port people dragging their corporate feet, but was told at the last local community meeting that talks are at an advanced stage for an agreement The Ashley Down upgrade is underway as contracts have been put out to tender............. Keep trying for Temple Meads people may believe you one day it will be built I can tell you for a fact that the loop isn't happening nether the loop will be built nor is Ashley down out to tender

But didn’t they do well to get the date right...!

They're obviously trying to convey a message. Come to The Men, its like going back in time.

You have got to feel for their fans, at every turn the people running the club screw up somewhere along the line. Actually, nah stuff em.

Near the end of the video it says season tickets 2018 1019

At the end of the video. Have a look at all the mess on the floor. That’s how to promote yourself . Show a video off the shittest stadium in England with rubbish everywhere.

no the fact he had 5 fingers, he doesn't fit in there, they aren't webbed,

we are 10 months into that 12 months backing those only take them up to june 2017

1st October 2017 There has been an awful lot of conjecture and supposition amongst our fans concerning the position of Ian Holtby at the Club. This has arisen due to the new role that Ian has been asked to undertake at the Club as Stadium/Training Ground Manager. With the imminent training ground development entering it’s next phase and the regeneration of the Memorial Stadium also in the development sequence, Ian, who stoically has doubled up as commercial manager for the past eight years simply would have been avalanched and overloaded with work, way beyond the call of duty. With the appointment of new Commercial Director Tom Gorringe, who is able to dedicate with his team, all its efforts to the Club’s commercial activity, this has enabled us to liberate Ian to concentrate and assist in possibly one of the most important stages in the history of the Club. Ian is a devoted Rovers Club man and certainly after 18 years of loyal service, someone that is not, as some might have perceived with his appointment in a new role, a loyal member of our team, that we would wish to discard. He, like all of us the Club is now looking forward to moving forward with these exciting projects in mind, to further the Clubs amenities and facilities. Steve Hamer Bristol Rovers Chairman p.s. Sod it, we have decided to discard him, after all!

Is it just me who was expecting the little girl to come down the stairs in a City shirt saying 'stuff rovers dad, I'm going to be a city fan like all my friends'?

Realistic, fans not going to games/locked out..

what is the point in having a tax dodging company in Jersey when you never make a profit?

We've got #DMS they have #DFS

It does happen here, I remember it happening for Lloyd's syndicates about 2005. You can only however use these losses to offset profits in a similar business; so Steve Lansdown couldn't use Bristol Sport losses to offset Hargreaves Lansdown profits. So that then restricts the buyer to being a profitable football club or maybe a profitable other sports club. I can't really see that working so the accumulated losses have little value.

Are they 'very large losses' though to a 'large organisation' ? There is little point spending a million quid on a club regularly losing a million quid a year with no prospect of that changing. The club or entity itself requires those losses if it is to avoid paying tax; if you were able to take those losses and offset them elsewhere the football club would effectivy be left to pay taxes because all of a sudden it has made a profit. And lets face it nobody looks to buy a business that has no prospect of making money in the medium term; if you are paying tax you are making money and that would be the only criteria attractive to a buyer. The Wael's bought Rovers to make money through top flight football and/or to sell the Mem for development. It looks like a very long term strategy but until they spend big on a stadium like SL has done they will not be permitted entry into the top flight. Is it a case of biting off more than one can chew in this case? Is that what this discussion is all about?

Is your first name Donald?

I work in commercial lending (in the USA), but we certainly look at the attractability of the collateral to help determine if we are going to do the loan and at what interest rate. It's one thing to end up repossessing a commercial building; we can sell it or keep it and rent it out for cash flow. It's another thing entirely to take specialized collateral that has no market. Not only do we end up charging off the loan balance and lose the income stream of interest payments, but now we own something with no value as we can't sell it. A triple loss, really. So, we charge a lot more interest and even a higher origination fee to help offset that, unless we decline the loan in the first place.

Not surprised, it did fly under the radar, not sure if it even made the local press. It will be interesting to see what happens to the other fans' Director, who is still in situ at the moment.

It's Unan

Essentially, as I understand it, Dwayne sports want to borrow a load of money, say £40M for redevelopment / rebuild. Given their crap financial performance currently and lack of assets, anyone who lends them that money will charge an interest rate of 8% due to that risk. This means they would have to find £3,200,000 a year to pay the interest alone. What happens if they don't pay it, gawd knows! The asset transfers to the lender I guess? The lender would then ask for a slice of revenues for, say, 30 years as payback on the loan. As the gas lose money now, they would have to make a shed load extra just to stay in the same financial position they are in now. Imagine someone who's broke and massively in debt, asking the bank for money. They would be charged much more than someone more credible as they are a much higher risk. That's how I think it works but stand to be corrected by those far more knowledgeable on these things.

I may have to borrow some St Andrews Gas's IQ points so I can understand that! .

We’ve got a few related things here. On the one hand is how much the capital will cost the company. Any self-respecting CFO will know this, made of of the blended cost of equity and cost of borrowing. Let’s assume this investment would be entirely financed. Any investor will want a rate of return based on the risk free rate (what is available risk-free, usually the return on 25 yr government bonds) plus the credit risk premium that relates to the company, the investment, the industry etc. Risk free rate is going to be about 2.8%, credit risk premium is really hard - heavily indebted company not currently making a profit, industry probably past peak revenues BUT the lending would be secured on the new asset. Moot point, would the new asset plus the eventual sale of the Minimal cover the current plus new debt? Then you have the issue if having an old stadium while the new one is built - costs go up considerably in the short term, this really hurt Arsenal so heaven knows what it does to a small club. I’d say they’d be lucky to get away with an interest rate of less than 8%. That means each million costs £80k a year in interest alone, and the investment also has to be paid back at some point. Payingf for the ‘80k’s’ is not a simple income generation issue. It’s virtaully unheard of for each £1 of additional revenue to add £1 to the coffers. So what margin will these ‘new income streams’ generate? We know that Ashton Gate now generates lots of new income but it’s hard to say what profit each activity delivers, though the club will know (obviously). We’ve got first mover advantage so Sags would be trying to attract market share away from an established supplier. Maybe they undercut us in their new megabowl, except that hurts margin and they’ve got all those £80ks to pay.... i wouldn’t want to have to write this an investment proposal!