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So, SL, a self made billionaire off the back of a career in financial and investment services is apparently unaware of feasibility studies, financial sustainability and succession planning. There's me thinking that investing his millions into the ground, infrastructure, management, training facilities would allow the club to slowly but surely become financially sustainable through success on the field and daily, weekly income streams off it. It's remarkable....nay, staggering that SL did not take a leaf out of the book of the Dunford/Higgs/Al Qadis school of financial management where such shrewd financial decisions has meant; not owning a home since 1986 before screwing the local rugby club out of their ground, treating said rugby club so poorly that they ultimately move out of the mem, losing the sags valuable income streams, selling several players on multi-million pound deals during 80/90s yet the club record fee paid out of £400k was 25 years ago, where did all that money go?, allowing the club to get relegated to non-league without a subsequent financial plan, signing up to a non-watertight contract with Sainsburys then taking Sainsburys to court over said non-watertight contract to argue at great expenses that it was water-tight, 'Surprisingly' losing the case and having to pay costs which were covered by taking out a Wonga loan, not having the financial streams to cover the loan and on-going cost of running club, going into partnership with UWE knowing that you could not be owners of the stadium, purchasing the club after being sold the "dream" before realising the previous incumbent had sold you down the river, attempting to re-negotiate with UWE and carrying out feasibility studies at great expense even though you know you cant afford it, pulling out of the only possible chance you had of a new stadium to go for the option of redeveloping the mem even though you have no asset to sell, funds to pay for it or planning in place to develop it continuing to lose money hand over fist every week, month, year as you have no income streams outside of 23 home matches I'm sure there are other gems of financial prudence from the blue few that I've forgotten about, suffice to say, yet again, they are talking out of their arse.......

anghymhwysedd Reserve Team Posts: 100 Posting Level Next Level in 400 posts about an hour ago Henbury Gas likes this Quote Post by anghymhwysedd on about an hour ago about an hour ago Hugo the Elder said: about an hour ago lordjusticegashead said: Is there an indication that the Al Qadis are? Or is that just more Cider Special? Complete assumption on my part. I do believe there is a difference between a rich man jizzing his cash away and a family of investment bankers who are doing feasibility studies and evolving rather than revolutionising. Pantsdown is bankrolling them and building what ever he likes because he feels like it. Do you see no difference in the 2 Bristol club owners? This is correct. The difference is...unless SL leaves a big dollop of cash for BCFC1982LTD. in his will they will have no sustainable business model to take them forward in the future. It could be 1982 all over again for the robins. The Al Qadis are seemingly building the club so it can sustain itself and therefore will not need a sugar daddy to constantly pour money into it. Potentially BRFC have a better long term future under the current two regimes. How they genuinely believe this shit

My oh my! If you were generous (and for ease of maths) and said they get 10,000 every home game, and all 10,000 donated £1 to the cause, that would be £10,000 per match, 23 league home games gives you £230,000 a season. To fund the £45m rebuild we have just had using this funding method would, by my maths, take 195 seasons, by which point we will be flying about on hover boards, up to our ears in flux capacitors and the cost of the build will be 45,000,000,000,000,000! Crack on boys!

Here's a thought ...

Without quoting @RedRaw and the valid points made, they did overlook the fact that after all those near misses with loans, watertight contracts, failed stadium builds and under investment in the first team, they DO have championship read sprinklers. So they haven't wasted every penny.

"Out of respect for the local community, we will not begin work until official approval has been granted" Well that's bloody decent of them! Nothing to do with it being the law..?!

It's all sorted now, they're going to knock up a stadium themselves... What could happen is for the club to appeal to gasheads in the trade to perform the install..I'm in the commercial roofing game and I would be happy to install any of it for a standard daywork rate and go the extra mile etc and I'm sure there's brickies and chippies etc that would do the same along with gas network!!! http://gaschat.co.uk/thread/10556/create-stadium-fund

Wally must be posting on asschat now! Pass around the begging bowl A message to the Fan's directors. Could it be feasible to have a means of donating to a fund so that Supporters may have a specific goal of assisting the re-development of the Mem. Those of us who live away from Bristol or who are just not able to attend games may wish to donate. Older Supporters may well remember the times when a large bin was carried around The Greyhound track so that the crowd could throw coins into. I don't remember who benefitted from this money and I don't propose the same method should be employed today, however, Electronic deposit terminals could be installed at convenient locations around the ground to accept cash and this could be linked to a running total display for all to see. Regular or variable donations could be carried out from individual 's bank accounts at any time. The fund would have to be protected to ensure it served its purpose

No , let's not. Fulham made 11 changes so they only beat their rezzies. I wouldn't give them the steam off my piss never mind any credit.

Dear oh dear; it'll be bring your own plastic chair and bucket to piss in next. The £10m security charge in the men will be fully utilised by the end of the season and Dwane Sports are charging 6% interest on their secured loan when a typical charge for a property secured loan at present is more like 3.5%. So the position by the end of the season if the club doesn't get sold is: Assets: Memorial Ground £11m Debts: Dwane Sports £10m fully secured upon the ground. Plus small unsecured overdraft (<£0.5m). Net assets: theoretical £0.5m but you couldn't secure anything upon that £1m as the Loan To Value ratio will be too high. So with no money, £600k annual interest costs, ?£1.3m annual losses before interest the whole thing runs straight into the buffers. Wael will be knocking on Dunford Jr's door to ask him to take on the club and £10m debt for a £1 as that way he stands a chance of getting his £10m back, a fire sale liquidation won't realise the full amount from the sale of the ground. Tick tick tick, nine months left to find a buyer. Good luck with that given that Higgs had to travel to Jordan to find a buyer last time when the club had millions in assets and the possibility of a new stadium. Maybe Kim Jong Un fancies taking on some sporting ambition.

So they've gone from telling us that SL is going to piss off any day now and leave City in the financial shit to "unless SL leaves a big dollop of cash in his will" blah, blah blah. Is SL not trying to implement a sustainable business model then? What about Jon Lansdown? The morons would be better off questioning the commitment of the AlQs and their own finances instead of touching themselves thinking about when SL dies.

As they used to play at Trumptom, why not ask Chippy Minton, the carpenter, to help?

It's a good job a previous board took care of the company registration. I expect Wally would still be saving up for the £40 registration fee!

600k a year interest! Maybe Wally is a genius after all.

Who are you chearing on @Super ? Glammy or the Foxes?

should the be known as BCFR2003 Ltd, as that's when they were registered at companies house, https://beta.companieshouse.gov.uk/company/04501223/filing-history?page=7 Compare that with good old 82ers who's been there since 1996 https://beta.companieshouse.gov.uk/company/03230871/filing-history?page=6

I thought they had not owned their home since 1939?

I wonder what round they've agreed to make it last until?

Probably get nicked by one of their supporters anyway.

Cos they are lepers.

In the week that the farce that is Mayweather vs McGregor is taking place it looks like Lomacheko vs Rigondeaux will finally take place. Probably one for the purists but that could be a cracking fight.

Take a look at @ColinMurray's Tweet: been in our shadow so long, still thinks it's acceptable to use a bum bag!

Two eclipses in two days. They were coming for us again for 50 odd minutes. Chirping all over Facebook again.....now mysteriously quite especially as Sky keep referring to our win over Watford as being the biggest shock of the night!