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Bristol R*vers dustbin thread

42nite

By 42nite
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bert tann

bert tann

Posted
Posted
On 3/26/2018 at 14:10, Eddie Hitler said:

 

Well possibly Bert!

Usually it is used, as it has been by Steve Lansdown at City, to "disapply pre-emption rights".

The standard procedure for a new share issue is to offer it to existing shareholders in proportion to their existing shareholding.

What this does is allow a block of shares to be issued to an existing shareholder (or possibly new, not sure) without offering any to the rest.

Steve uses it as a convenient way of putting new money into the club to pay off debts (due to himself!).

It is possible that this is also what the Al-Qs intend, if so that is good news for Rovers as that is money in that isn't debt so doesn't need to be paid back.

Or it could be for an issue to a new investor.

Or it could be what Bert said.

 

Good news rather than bad for Rovers IMHO.

 

So Eddie, the directors are authorised to allot shares in the company up to a nominal value of £500 000 ordinary shares.

The current  ordinary share capital is £818 817 so anyone taking up the additional £500 000 would own a stake of 37.9% leaving Dwane Sports Ltd with 54.1%.  

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bert tann

bert tann

Posted
Posted (edited)
19 hours ago, bert tann said:

 

So Eddie, the directors are authorised to allot shares in the company up to a nominal value of £500 000 ordinary shares.

The current  ordinary share capital is £818 817 so anyone taking up the additional £500 000 would own a stake of 37.9% leaving Dwane Sports Ltd with 54.1%.  

 

Apologies for replying to my own post but where are all you Gasophiles and Gasophobes ?

The companies house filing shows a resolution to increase the share capital was originally passed last year and needed to be renewed this year. So it looks as though for the past 12 months Dwane Sports have been trying to unload a circa 40% stake in Rovers in the hope of attracting someone who will put up the finance for a stadium and training ground. 

Surprisingly no one seems to have fallen for this generous offer but luckily we have a mergers and  apparitions specialist on the board who has recommended the owners adopt the following 3 point plan.

a) Write  off their £15 million loan

b) Be prepared to give away their 92% shareholding for nothing

c) Find someone with £30 million who has been committed under the mental health act 

 

Edited by bert tann
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chinapig

chinapig

Posted
Posted
35 minutes ago, bert tann said:

 

Apologies for replying to my own post but where are all you Gasophiles and Gasophobes ?

The companies house filing shows a resolution to increase the share capital was originally passed last year and needed to be renewed this year. So it looks as though for the past 12 months Dwane Sports have been trying to unload a circa 40% stake in Rovers in the hope of attracting someone who will put up the finance for a stadium and training ground. 

Surprisingly no one seems to have fallen for this generous offer but luckily we have a mergers and  apparitions specialist on the board who has recommended the owners adopt the following 3 point plan.

a) Write  off their £15 million loan

b) Be prepared to give away their 92% shareholding for nothing

c) Find someone with £30 million who has been committed under the mental health act 

 

Does having an apparitions specialist prove you don't have a ghost of a chance of attracting investment?

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myol'man

myol'man

Posted
Posted
3 hours ago, bert tann said:

 

Apologies for replying to my own post but where are all you Gasophiles and Gasophobes ?

The companies house filing shows a resolution to increase the share capital was originally passed last year and needed to be renewed this year. So it looks as though for the past 12 months Dwane Sports have been trying to unload a circa 40% stake in Rovers in the hope of attracting someone who will put up the finance for a stadium and training ground. 

Surprisingly no one seems to have fallen for this generous offer but luckily we have a mergers and  apparitions specialist on the board who has recommended the owners adopt the following 3 point plan.

a) Write  off their £15 million loan

b) Be prepared to give away their 92% shareholding for nothing

c) Find someone with £30 million who has been committed under the mental health act 

 

What? You mean welcome back Fat Nick? 

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Bianconeri

Bianconeri

Posted
Posted
1 hour ago, WessexPest said:

The one bright spot on an otherwise dismal day was the Cod Army doing over the Scum. Lines sent off too. Hope the Blue Few get stuck in Bank Holiday traffic on the M6 going home, FTG.

3000 prowed and loyal away fans in a crowd of 2890 wasn’t it? 

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Fiale

Fiale

Posted
Posted
31 minutes ago, RedLionLad said:

He didn't.......did he?

yep, when he was asked about the state of the pitch at Fleetwood and asked if it would influence the game he said "well it's the same for both teams" and it was not unusual as a lot of the pitches in league 2 were of a poor standard.

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Gert Mare

Gert Mare

Posted
Posted
14 hours ago, Sniper said:

What the **** is this doing half way down page 2 :nono: 

Sadly we are handing out far more gifts at the moment than they are, hence things have gone slightly quiet. The wheels come off and Lee Johnson says that the players need to feel loved and blames fans again....The Sags are having a field day :facepalm:

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pommers65

pommers65

Posted
Posted
23 minutes ago, Cheesleysmate said:

Sadly we are handing out far more gifts at the moment than they are, hence things have gone slightly quiet. The wheels come off and Lee Johnson says that the players need to feel loved and blames fans again....The Sags are having a field day :facepalm:

Any little thing for them...Should remember where they are in the scheme of things
We still have far more to beat them with..

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Lanterne Rouge

Lanterne Rouge

Posted
Posted
5 hours ago, pommers65 said:

Any little thing for them...Should remember where they are in the scheme of things
We still have far more to beat them with..

Not when they reach and win the playoffs and sign a raft of new players in the summer for their assault on the prem next season. And work starts on their new stadium. And they buy Ashton Gate to use for their u23 training ground.

We`ll have to watch ourselves then.

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pommers65

pommers65

Posted
Posted
13 minutes ago, Red Right Hand said:

Not when they reach and win the playoffs and sign a raft of new players in the summer for their assault on the prem next season. And work starts on their new stadium. And they buy Ashton Gate to use for their u23 training ground.

We`ll have to watch ourselves then.

Sorry....you are correct of course
They have everything in order to be above us this time next year (using gaslogic there)

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myol'man

myol'man

Posted
Posted

Dopey throws the towel in;

"I want to win every game no matter what, even if we've got nothing to play for," said Clarke.

"But we're not going to make the top six, that's not me being defeatist. You can't have eight or nine players injured, and a suspension coming up, and play the likes of Blackburn, Charlton and Wigan and then get in the top six.

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Bar BS3

Bar BS3

Posted
Posted
23 minutes ago, myol'man said:

Dopey throws the towel in;

"I want to win every game no matter what, even if we've got nothing to play for," said Clarke.

"But we're not going to make the top six, that's not me being defeatist. You can't have eight or nine players injured, and a suspension coming up, and play the likes of Blackburn, Charlton and Wigan and then get in the top six.

Now I hope we make it even more..! 

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pommers65

pommers65

Posted
Posted
33 minutes ago, myol'man said:

Dopey throws the towel in;

"I want to win every game no matter what, even if we've got nothing to play for," said Clarke.

"But we're not going to make the top six, that's not me being defeatist. You can't have eight or nine players injured, and a suspension coming up, and play the likes of Blackburn, Charlton and Wigan and then get in the top six.

That is being defeatist dopey...

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Rudolf Hucker

Rudolf Hucker

Posted
Posted
1 hour ago, JBFC II said:

Just been having a look at their season ticket prices, a 12 year old can apparently get a season ticket there for over double the most expensive for a 19 year old here... 

Puts our prices into perspective 

And apparently they still have to provide their own bundle of programmes to stand on.

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Wanderingred

Wanderingred

Posted
Posted (edited)
18 hours ago, Cheesleysmate said:

Sadly we are handing out far more gifts at the moment than they are, hence things have gone slightly quiet. The wheels come off and Lee Johnson says that the players need to feel loved and blames fans again....The Sags are having a field day :facepalm:

So our Premier League push has gone off the rails... Hardly compares to all the laughs the blue few have given us over the years.. Boob cricket, horse punching, premature pitch invasions, dropping out of the league against a team wearing their kit, championship ready sprinklers, tacky freshers fair stalls, mind the cash,  this time next year s**theads, season tickets for the 1019 season. Doncaster United, Barrow. Chesham, League cup preliminary round runners up, patio furniture for stands, their disabled "section", that bloke singing about Matty Taylor and Lee Brown on the win tralalalalaa, nicking their best player for peanuts, 17 years. We have a long way to go before we can match all that.

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Eddie Hitler

Eddie Hitler

Posted
Posted

A clown falling down is funny; but in order to make you laugh by falling down again they first have to get up and start walking properly for a bit.

It will be many years before they can repeat the hilarity of a last day exit from the league, made all the sweeter by their OH YESSSS thread about our potentially getting relegated and the "Barcelona of the fourth division" boasts, so regard this as the clown walking normally for a while before their next tumble. 

 

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Bar BS3

Bar BS3

Posted
Posted
2 hours ago, Eddie Hitler said:

A clown falling down is funny; but in order to make you laugh by falling down again they first have to get up and start walking properly for a bit.

It will be many years before they can repeat the hilarity of a last day exit from the league, made all the sweeter by their OH YESSSS thread about our potentially getting relegated and the "Barcelona of the fourth division" boasts, so regard this as the clown walking normally for a while before their next tumble. 

 

Nice analogy, although I’m not so sure about “walking normally”... I still chuckle at their occasional stumble, as they trip over their own webbed feet, whilst dribbling spaghetti hoops down their ridiculous quartered shirts. 

That will have to tide us over for now, until they fall flat on their face and knock their own front teeth out. Again..! 

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Gert Mare

Gert Mare

Posted
Posted
5 hours ago, Wanderingred said:

So our Premier League push has gone off the rails... Hardly compares to all the laughs the blue few have given us over the years.. Boob cricket, horse punching, premature pitch invasions, dropping out of the league against a team wearing their kit, championship ready sprinklers, tacky freshers fair stalls, mind the cash,  this time next year s**theads, season tickets for the 1019 season. Doncaster United, Barrow. Chesham, League cup preliminary round runners up, patio furniture for stands, their disabled "section", that bloke singing about Matty Taylor and Lee Brown on the win tralalalalaa, nicking their best player for peanuts, 17 years. We have a long way to go before we can match all that.

It won’t take them long to giveth a gift, they just can’t help themselves.

 I am sure that they will have another progress interview with Wally or Steve Hamer in the next couple of months only to be fed the same old “takes time” garbage, followed by them all lapping it up and remarking just how lucky they are to have such a lovely lovely man like lovely Wally at the helm.

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