Unan Posted August 9, 2017 Report Share Posted August 9, 2017 So the family aren't willing to pay the extra to get UWE over the line when they would be getting around 15-20 million for the sale of the mem....yet people think they will spend their own money on a decent mem redevelopment with nothing to sell to raise funds!?! Wake up!!....best EVER chance to take club forward up in smoke. 4 Quote Link to comment Share on other sites More sharing options...
slartibartfast Posted August 9, 2017 Report Share Posted August 9, 2017 7 hours ago, SirColinOfMansfield said: The full interview from Wally ... UWE totally dead, the Mem is going to be developed into a world class stadium (the people designing it have built 12 stadia ... yes 12!) ... and seems as though Horfield will be in permanent gridlock when they reach the Premiership .... although he does look as though he is about to burst out laughing at any moment, all the way through the interview FUNDING ?.........You would expect an immediate ",,of course there'll be funding!" Instead we got a very telling couple of seconds silence . Good luck with all this, sags ! Quote Link to comment Share on other sites More sharing options...
B block Posted August 9, 2017 Report Share Posted August 9, 2017 No plan of the design no money to fund it no planning in place debt accumulating at 1.5 million a year i can't see them surviving, their one bad season from oblivion 2 Quote Link to comment Share on other sites More sharing options...
B block Posted August 9, 2017 Report Share Posted August 9, 2017 Lands down for all his investment does have his critics but wally offers nothing but half truths and promises and anyone who doesn't toe the party line is a judas ted their forums like they are all brainwashed it's laughable 1 Quote Link to comment Share on other sites More sharing options...
Guest Posted August 9, 2017 Report Share Posted August 9, 2017 The start confused me a bit - he says about the charge not being a loan, but then says it is a registered loan. Then says "the charge on the Mem is a sensible move, and we did that to protect our investment". VERY ODD!! The bit at the end when he's asked if funding is still there is pretty conclusive to me. The big pause, and then brings up what he has done the last 18 months (the charge against the Mem has made that near risk free hasn't it), BUT then to actually say "in business if there is a dispute it doesn't mean there is no funding, if it's a contractual thing maybe people haven't been paid for a certain reason". To me the rumours of people not being paid etc has pretty much just been confirmed. If I was a blue, I would be really worried after watching and listening to that. Quote Link to comment Share on other sites More sharing options...
Midlands Robin Posted August 9, 2017 Report Share Posted August 9, 2017 I've seen Clifton RFC's name chucked around on here as an option for the sags. I don't know how many people have been there but I've seen a number of Bristol Rugby friendlies there and there is absolutely zero infrastructure for any sort of immediate ground share. While there is a decent amount of land there (probably the equivalent of 5 full size pitches) it is way out in the sticks and parking for a few hundred cars would be a nightmare let alone those that come with 6 or 7 thousand fans. As for a redeveloped Mem, that's been on the cards in various forms for decades and no one has come up with a sensible proposal due to the footprint of the ground. The thought of 'world class' stadium developers producing anything of note there is frankly laughable. At best I believe they'd be looking at an all seated capacity in the region of 14k max. Still, the sprinklers and curtains would be world class. 1 Quote Link to comment Share on other sites More sharing options...
pride of the west Posted August 9, 2017 Report Share Posted August 9, 2017 He says that the charge against the mem was to protect their investment as you never know what could happen in business. Hmmm. In real talk then, the charge was placed on the asset to prevent other creditors getting their mits on it first when they're not paid. Quote Link to comment Share on other sites More sharing options...
Monkeh Posted August 9, 2017 Report Share Posted August 9, 2017 25 minutes ago, pride of the west said: He says that the charge against the mem was to protect their investment as you never know what could happen in business. Hmmm. In real talk then, the charge was placed on the asset to prevent other creditors getting their mits on it first when they're not paid. In business terms that means if UWE falls trough we'll sell the mem to get our investment back.........oh dear Quote Link to comment Share on other sites More sharing options...
Bar BS3 Posted August 9, 2017 Report Share Posted August 9, 2017 10 hours ago, Red Army 75 said: Quote thegasfc said: Underestimated the attendance. I'd say 6k here. 4,114 according to the beeb.. Made me laugh It's easy to under/over estimate an attendance by 10/20% but to try and claim there are 50% more than there actually are, is a skill that only the most deluded fan base can master. 1 Quote Link to comment Share on other sites More sharing options...
Bar BS3 Posted August 9, 2017 Report Share Posted August 9, 2017 8 hours ago, SirColinOfMansfield said: The full interview from Wally ... UWE totally dead, the Mem is going to be developed into a world class stadium (the people designing it have built 12 stadia ... yes 12!) ... and seems as though Horfield will be in permanent gridlock when they reach the Premiership .... although he does look as though he is about to burst out laughing at any moment, all the way through the interview A world class Subuteo stadium, is about all they've got space for at the Mem. Quote Link to comment Share on other sites More sharing options...
Bar BS3 Posted August 9, 2017 Report Share Posted August 9, 2017 1 hour ago, B block said: No plan of the design no money to fund it no planning in place debt accumulating at 1.5 million a year i can't see them surviving, their one bad season from oblivion They really could be! Lets Imagine for a moment that the land making up the Mem was even big enough to redevelop on. (Which it isn't and that's not going to change) It arguably costs more money to redevelop than to build new. Look how much SL has just spent to rebuild 2 stands and refurbish one other. £50million! They don't even have the asset of the Mem as a foundation anymore, because of Wally's charge on it, which swallows up pretty much all of the equity. Unless they get some real, serious, substantial investment, then they can look forward to nothing more than "world class" tents, nice clean carpets and the occasional odd new set of curtains, for some time to come..! Quote Link to comment Share on other sites More sharing options...
Bar BS3 Posted August 9, 2017 Report Share Posted August 9, 2017 8 hours ago, pride of the west said: Hmmm he's about as convincing as a second hand car salesman at the end when asked about the rumours of stopping further funding. And he as good as confirmed that parties remain unpaid but refers to contractual problems resulting in lack of pay. When SL announced that Ashton Vale was dead and we'd be redeveloping Ashton Gate, didn't he also present this little ditty, to show us what he had in mind, and explain how he'd be selling 3% of his Hargreaves Lansdown shares to pay for it...? Quote Link to comment Share on other sites More sharing options...
myol'man Posted August 9, 2017 Report Share Posted August 9, 2017 18 minutes ago, Bar BS3 said: It's easy to under/over estimate an attendance by 10/20% but to try and claim there are 50% more than there actually are, is a skill that only the most deluded fan base can master. I remember when Colin Howlett would regularly overestimate the number of gas at an away match "Oh, there must be nearly 2,000 R*vers fans here" When the actual figure was nearer 500 1 1 Quote Link to comment Share on other sites More sharing options...
Guest Posted August 9, 2017 Report Share Posted August 9, 2017 6 minutes ago, Bar BS3 said: They really could be! Lets Imagine for a moment that the land making up the Mem was even big enough to redevelop on. (Which it isn't and that's not going to change) It arguably costs more money to redevelop than to build new. Look how much SL has just spent to rebuild 2 stands and refurbish one other. £50million! They don't even have the asset of the Mem as a foundation anymore, because of Wally's charge on it, which swallows up pretty much all of the equity. Unless they get some real, serious, substantial investment, then they can look forward to nothing more than "world class" tents, nice clean carpets and the occasional odd new set of curtains, for some time to come..! Can anyone see Wally stumping up say 30+ million (at a low guess), if, as believed he hasn't got the funds, who exactly will want to invest in it?? If true that he was after investors for a decent new UWE stadium and he couldn't get it, what chance does he have for the Mem? Quote Link to comment Share on other sites More sharing options...
myol'man Posted August 9, 2017 Report Share Posted August 9, 2017 13 minutes ago, wood_red said: Can anyone see Wally stumping up say 30+ million (at a low guess), if, as believed he hasn't got the funds, who exactly will want to invest in it?? If true that he was after investors for a decent new UWE stadium and he couldn't get it, what chance does he have for the Mem? Ask Daddy for some more pocket money? Quote Link to comment Share on other sites More sharing options...
grubby Posted August 9, 2017 Report Share Posted August 9, 2017 The blue few should be very worried, they are in real trouble. To have a family holding a charge over the freehold property who have ZERO interest in the club and just in it for the business, at some point they will want to call in their "loan"? Who is going to subsidise the £1.5m a year loss? How long before its in negative equity?Does anyone else see Dwayne sports just calling in their debt. selling the rugby ground, and running away? IF I was a blue I'd be very worried about the lack of conviction the Wally had in this interview, very worried. Can see it ending in tears for them and laughter and mocking from us. As an afterthought maybe SL could buy the charge from Dwayne sports, sell the mem, make them homeless (again).............. Quote Link to comment Share on other sites More sharing options...
Port Said Red Posted August 9, 2017 Report Share Posted August 9, 2017 1 minute ago, grubby said: The blue few should be very worried, they are in real trouble. To have a family holding a charge over the freehold property who have ZERO interest in the club and just in it for the business, at some point they will want to call in their "loan"? Who is going to subsidise the £1.5m a year loss? How long before its in negative equity?Does anyone else see Dwayne sports just calling in their debt. selling the rugby ground, and running away? IF I was a blue I'd be very worried about the lack of conviction the Wally had in this interview, very worried. Can see it ending in tears for them and laughter and mocking from us. As an afterthought maybe SL could buy the charge from Dwayne sports, sell the mem, make them homeless (again).............. That would be the sort of thing they would try to do to us..... lets not stoop to their level... 1 Quote Link to comment Share on other sites More sharing options...
Bar BS3 Posted August 9, 2017 Report Share Posted August 9, 2017 8 minutes ago, Port Said Red said: That would be the sort of thing they would try to do to us..... lets not stoop to their level... Oh let's! If I had 1.5billion, it would be on my shopping list! 4 1 Quote Link to comment Share on other sites More sharing options...
Guest Posted August 9, 2017 Report Share Posted August 9, 2017 Exactly - "business, business, business". Thought the stadium was a done deal and would be making easy guaranteed income from them. Be interesting to see what 20pence asks him on Saturday, and what answers with actual substance he comes up with. Quote Link to comment Share on other sites More sharing options...
The Joker Posted August 9, 2017 Report Share Posted August 9, 2017 After listening to that my conclusion is...... 1 hour ago, Monkeh said: In business terms that means if UWE falls trough we'll sell the mem to get our investment back.........oh dear Quote Link to comment Share on other sites More sharing options...
Rudolf Hucker Posted August 9, 2017 Report Share Posted August 9, 2017 Wael hasn't yet had first-hand experience of the difficulties attached to gaining planning permission in Bristol generally and specifically, in the Gloucester Road area. I think that the NIMBY's will already be sharpening their pencils and drawing up battle plans. He'll be foolish if he thinks that he'll be able to substantially redevelop that site without a prolonged fight. 1 Quote Link to comment Share on other sites More sharing options...
Vincent Vega Posted August 9, 2017 Report Share Posted August 9, 2017 1 minute ago, Rudolf Hucker said: Wael hasn't yet had first-hand experience of the difficulties attached to gaining planning permission in Bristol generally and specifically, in the Gloucester Road area. I think that the NIMBY's will already be sharpening their pencils and drawing up battle plans. He'll be foolish if he thinks that he'll be able to substantially redevelop that site without a prolonged fight. A ready made excuse me thinks. 1 Quote Link to comment Share on other sites More sharing options...
Natchfever Posted August 9, 2017 Report Share Posted August 9, 2017 2 hours ago, B block said: No plan of the design no money to fund it no planning in place debt accumulating at 1.5 million a year i can't see them surviving, their one bad season from oblivion ******* brilliant. They got the stadium for next to nothing anyway. Quote Link to comment Share on other sites More sharing options...
Red Army 75 Posted August 9, 2017 Report Share Posted August 9, 2017 Ha ha ha . No other option but to share Ashton gate . Have a read . Priceless reading 1 Quote Link to comment Share on other sites More sharing options...
Bristol Rob Posted August 9, 2017 Report Share Posted August 9, 2017 2 hours ago, B block said: No plan of the design no money to fund it no planning in place debt accumulating at 1.5 million a year i can't see them surviving, their one bad season from oblivion If 7.5 million of the secured 10 million credit facility has already been spent, then you could argue that they are one good season away from avoiding oblivion, given they are losing 1.5 million a season anyway. They need a good cup run as a minimum. Quote Link to comment Share on other sites More sharing options...
Peter O Hanraha-hanrahan Posted August 9, 2017 Report Share Posted August 9, 2017 (edited) I don't believe for one second that the Al Qadis would've touched the Gas with a shitty stick if it hadn't have been for the prospect (or so they thought) of a brand new stadium with fantastic transport links on the edge of one of Britains largest City's being part of the deal. Despite what they think inside their tiny peanut brains, the club just isn't anything special. If this isn't part of some elaborate bluff I'd been very worried if I was a Gashead. Redeveloping the Mem sounds desperate, how do they expect to make money from that idea? Unlike Lansdown and City they clearly don't have the funds or the space to build a large, impressive stadium like AG. Surely they'd be restricted to a sub 20k capacity plus they've also lost the extra revenue that the Rugby club provides. Unlike Lansdown they've also failed to show any real ambition in their dealings so far. Clearly Rovers fans were writing cheques the AlQs couldn't cash when they were bragging about outspending SL and multi million £ signings last Spring. I wonder if any of the idiots on Slagchat will have the guts to admit that (at this moment in time) it appears Bert Tann was right to be sceptical? Edited August 9, 2017 by Peter O Hanraha-hanrahan Quote Link to comment Share on other sites More sharing options...
INCRED Posted August 9, 2017 Report Share Posted August 9, 2017 48 minutes ago, Bar BS3 said: Oh let's! If I had 1.5billion, it would be on my shopping list! SL should by the Mem and let the egg chasers have their spiritual home back and let the gas rent it from him for silly money 2 Quote Link to comment Share on other sites More sharing options...
1960maaan Posted August 9, 2017 Report Share Posted August 9, 2017 From the shots below , we had room for the SS and Lansdown to expand. The Atyeo was already revamped to a point and the Dolman structure was already there. It allowed for the 2 new builds plus the work on the Dolman to be done and keep the stadium open. I'm no expert, but looking at their site , I imagine their ground would have to be flattened and built from scratch to maximise the space, which would be limited. Either turning it 90 degrees or at least centring it on the site. So they have to move for a year 18 months and pay rent and build a stadium which minimum cost is £1000 a seat. The only plus that the revamp has is all revenue would be for the club, UWE would have been a joint venture, but that's a hell of a lot of pies to recoup your £20m , sorry world class stadium so nearer £45m . Quote Link to comment Share on other sites More sharing options...
Bristol Rob Posted August 9, 2017 Report Share Posted August 9, 2017 Can't help but think as well that promotion back to League 1 was a bad thing for them. Wally could probably have coped with League 2 salaries, but ambitious League 1 players are probably a lot more expensive to keep. Quote Link to comment Share on other sites More sharing options...
Red Army 75 Posted August 9, 2017 Report Share Posted August 9, 2017 2 minutes ago, Peter O Hanraha-hanrahan said: I don't believe for one second that the Al Qadis would've touched the Gas with a shitty stick if it hadn't have been for the prospect (or so they thought) of a brand new stadium with fantastic transport links on the edge of one of Britains largest City's being part of the deal. Despite what they think inside their tiny peanut brains, the club just isn't anything special. If this isn't part of some elaborate bluff I'd been very worried if I was a Gashead. Redeveloping the Mem sounds desperate, how do they expect to make money from that idea? Unlike Lansdown and City they clearly don't have the funds or the space to build a large, impressive stadium like AG. Surely they'd be restricted to a sub 20k capacity plus they've also lost the extra revenue that the Rugby club provides. Unlike Lansdown they've also failed to show any real ambition in their dealings so far. Clearly Rovers fans were writing cheques the AlQs couldn't cash when they were bragging about outspending SL and multi million £ signings last Spring. I wonder if any of the idiots on Slagchat will have the guts to admit that (at this moment in time) Bert Tann was right to be sceptical? Not a chance. Bert Tann is a Ted . And wally is a hero. Clueless Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.