redsquirrel Posted June 22, 2020 Report Share Posted June 22, 2020 i wonder if they have got cameron balloons on board ,plenty of cheap stand materials with lots of hot air Quote Link to comment Share on other sites More sharing options...
RumRed Posted June 22, 2020 Report Share Posted June 22, 2020 (edited) I have my own non league side I follow, Worthing. They’ve raised almost 50k in a couple of weeks, surely Rovers can manage something like that for the dubbin to waterproof their ‘stands’. Sad thing is we were going to piss the Isthmian league this year and they cancelled the season. Players move constantly at that level so no guarantees for next season. Football doesn’t half suck at times. Manager’s grandad played for us btw, Wally Hinshelwood. Edited June 22, 2020 by RumRed Quote Link to comment Share on other sites More sharing options...
Bob Taylor is GOD Posted June 23, 2020 Report Share Posted June 23, 2020 12 hours ago, italian dave said: Their traditional heartland being where?! It would be interesting to know where the current "Blue Few" come from? Eastville/Fishponds, Kingswood/Hanham/Warmley, Bath, Horfield... Quote Link to comment Share on other sites More sharing options...
Miah Dennehy Posted June 23, 2020 Report Share Posted June 23, 2020 (edited) 2 hours ago, Bob Taylor is GOD said: It would be interesting to know where the current "Blue Few" come from? Eastville/Fishponds, Kingswood/Hanham/Warmley, Bath, Horfield... Well I was brought up in Fishponds, now live in Hanham, have also lived in Eastville, Kingswood and very briefly Warmley. So I nearly have the full set! Maybe it just depends where I'm living Edit: I also lived in Lawrence Weston 30 odd years ago which- at the time- I would have said was more Rovers than City! Mind you when I lived in Redfield and St George it was more of a 50/50 split. Edited June 23, 2020 by Miah Dennehy 1 Quote Link to comment Share on other sites More sharing options...
Bob Taylor is GOD Posted June 23, 2020 Report Share Posted June 23, 2020 2 hours ago, Miah Dennehy said: Well I was brought up in Fishponds, now live in Hanham, have also lived in Eastville, Kingswood and very briefly Warmley. So I nearly have the full set! Maybe it just depends where I'm living Edit: I also lived in Lawrence Weston 30 odd years ago which- at the time- I would have said was more Rovers than City! Mind you when I lived in Redfield and St George it was more of a 50/50 split. Didn't move to Bath and Horfield with them then? Quote Link to comment Share on other sites More sharing options...
Major Isewater Posted June 23, 2020 Report Share Posted June 23, 2020 On 19/06/2020 at 23:19, Miah Dennehy said: It's the hope that kills you. Amen brother. Quote Link to comment Share on other sites More sharing options...
Miah Dennehy Posted June 23, 2020 Report Share Posted June 23, 2020 8 minutes ago, Bob Taylor is GOD said: Didn't move to Bath and Horfield with them then? Sorely tempted 1 Quote Link to comment Share on other sites More sharing options...
Ska Junkie Posted June 23, 2020 Report Share Posted June 23, 2020 (edited) 19 hours ago, italian dave said: Their traditional heartland being where?! The lamb, that's it! I'll give them the crown and horseshoe as well, just and even that's shut! Edited June 23, 2020 by Ska Junkie 1 Quote Link to comment Share on other sites More sharing options...
NOTBLUE Posted June 23, 2020 Report Share Posted June 23, 2020 3 hours ago, Miah Dennehy said: Well I was brought up in Fishponds, now live in Hanham, have also lived in Eastville, Kingswood and very briefly Warmley. So I nearly have the full set! Maybe it just depends where I'm living Edit: I also lived in Lawrence Weston 30 odd years ago which- at the time- I would have said was more Rovers than City! Mind you when I lived in Redfield and St George it was more of a 50/50 split. L Dub was more Blue than red, where As Shire was the opposite, more red that blue. 1 Quote Link to comment Share on other sites More sharing options...
22A Posted June 23, 2020 Report Share Posted June 23, 2020 17 hours ago, RumRed said: Manager’s grandad played for us btw, Wally Hinshelwood. https://en.wikipedia.org/wiki/Wally_Hinshelwood 1 Quote Link to comment Share on other sites More sharing options...
myol'man Posted June 23, 2020 Report Share Posted June 23, 2020 6 hours ago, Bob Taylor is GOD said: It would be interesting to know where the current "Blue Few" come from? Eastville/Fishponds, Kingswood/Hanham/Warmley, Bath, Horfield... Used to be 1 on Bemmy Down but I think he's gone now Quote Link to comment Share on other sites More sharing options...
cider hoss rules Posted June 23, 2020 Report Share Posted June 23, 2020 5 hours ago, Miah Dennehy said: Well I was brought up in Fishponds, now live in Hanham, have also lived in Eastville, Kingswood and very briefly Warmley. So I nearly have the full set! Maybe it just depends where I'm living Edit: I also lived in Lawrence Weston 30 odd years ago which- at the time- I would have said was more Rovers than City! Mind you when I lived in Redfield and St George it was more of a 50/50 split. can you confirm that the Rovers 50 in the above is actually in thousands, like the Wembley attendance?, therefore more than our portion. Quote Link to comment Share on other sites More sharing options...
bert tann Posted June 23, 2020 Report Share Posted June 23, 2020 Reading tonight's Bristol Post article headlined "Wael Al-Qadi, Bristol Rovers and the truth" I was reminded of the old Gene Pitney song "Somewhere in the West Country" Nobody wants him he's nobody's child Nobody seems to care Isn't it funny now that he needs someone There's nobody there ... Quote Link to comment Share on other sites More sharing options...
Midlands Robin Posted June 24, 2020 Report Share Posted June 24, 2020 Wally cetainly has all his eggs in one basket now. If he can't secure some sort of deal in the next 1 or 2 years there's going to be one giant omlette in the middle of the Gloucester Road. Quote Link to comment Share on other sites More sharing options...
Rich Posted June 25, 2020 Report Share Posted June 25, 2020 13 hours ago, Midlands Robin said: Wally cetainly has all his eggs in one basket now. If he can't secure some sort of deal in the next 1 or 2 years there's going to be one giant omlette in the middle of the Gloucester Road. Yes, it's a fruit basket. Trouble is, the people that want to buy the fruit basket, don't appear to care, need or want BRFC on board. I would imagine that the Mayor of BCC and his best mate are doing their utmost to tempt those prospective fruit basket owners into including a stadium, with the transfer/sale of cheap public owned land. Thing is, they'd get a better and quicker return on their investment if it were developed for residential use. 2 Quote Link to comment Share on other sites More sharing options...
redsquirrel Posted June 25, 2020 Report Share Posted June 25, 2020 8 minutes ago, Rich said: Yes, it's a fruit basket. Trouble is, the people that want to buy the fruit basket, don't appear to care, need or want BRFC on board. I would imagine that the Mayor of BCC and his best mate are doing their utmost to tempt those prospective fruit basket owners into including a stadium, with the transfer/sale of cheap public owned land. Thing is, they'd get a better and quicker return on their investment if it were developed for residential use. they wont get no return on their investment with that shower gung ho on nicking it Quote Link to comment Share on other sites More sharing options...
Midlands Robin Posted June 25, 2020 Report Share Posted June 25, 2020 Can any of the financial wizz kids on here explain to me how capitalising debt works? I know SL has done it for us so it's industry practice but I don't quite get it. I sort of understand that instead of paying a debt the company pays its loaner the debt value in shares and that due to the two companies being under the same roof its a bit like paying yourself however, what does that do to a clubs value? If the methane snorters were valued at 13.5 million and the share issue was greater than that then surely that would now value the club at the level of the share issue otherwise the share holder will have to wait for the value of his stock to be at that level or greater to make any money. If I have 20 million pounds worth of shares but someone wants to buy me out they have to give me 20 million to buy 13.5 million pounds worth of assets? It's confusing. Quote Link to comment Share on other sites More sharing options...
nebristolred Posted June 25, 2020 Report Share Posted June 25, 2020 (edited) 51 minutes ago, Midlands Robin said: Can any of the financial wizz kids on here explain to me how capitalising debt works? I know SL has done it for us so it's industry practice but I don't quite get it. I sort of understand that instead of paying a debt the company pays its loaner the debt value in shares and that due to the two companies being under the same roof its a bit like paying yourself however, what does that do to a clubs value? If the methane snorters were valued at 13.5 million and the share issue was greater than that then surely that would now value the club at the level of the share issue otherwise the share holder will have to wait for the value of his stock to be at that level or greater to make any money. If I have 20 million pounds worth of shares but someone wants to buy me out they have to give me 20 million to buy 13.5 million pounds worth of assets? It's confusing. I've no basis for this, but I always assumed it worked so that the owner takes a larger slice of the club, diluting the value of other shareholders in the process. So let's say there are 100 shares of Bristol Rovers. Wael owns 49 shares and other investors own 51 shares. So 49% v 51%. The club has racked up debts to Wael. Instead of calling in the debt, Wael can capitalise it as equity instead. So the club will create maybe 20 extra shares, all going to Wael (so it's now 69 shares v 51 shares). This leaves the split at 57.5% v 42.5%. So the other investors own the same number of shares as before, but they are now worth less as Wael has taken a bigger chunk of the pie as part of the debt capitalisation. The club's value remains exactly the same theoretically. It's just distributed differently internally. I could be way, way off but this is how I assumed it works, and I think it's this practice which has allowed Wael to take control of Rovers. Fully prepared to be ripped to shreds here now! Edited June 25, 2020 by nebristolred 1 Quote Link to comment Share on other sites More sharing options...
weeble Posted June 25, 2020 Report Share Posted June 25, 2020 3 hours ago, nebristolred said: I've no basis for this, but I always assumed it worked so that the owner takes a larger slice of the club, diluting the value of other shareholders in the process. So let's say there are 100 shares of Bristol Rovers. Wael owns 49 shares and other investors own 51 shares. So 49% v 51%. The club has racked up debts to Wael. Instead of calling in the debt, Wael can capitalise it as equity instead. So the club will create maybe 20 extra shares, all going to Wael (so it's now 69 shares v 51 shares). This leaves the split at 57.5% v 42.5%. So the other investors own the same number of shares as before, but they are now worth less as Wael has taken a bigger chunk of the pie as part of the debt capitalisation. The club's value remains exactly the same theoretically. It's just distributed differently internally. I could be way, way off but this is how I assumed it works, and I think it's this practice which has allowed Wael to take control of Rovers. Fully prepared to be ripped to shreds here now! Wael took effective sole control by negotiating the acquisition of the other family shareholdings in Dwane Sports after the death of his father. He now holds 90% of the family share holding and his brother Sami 10%. Although I’m no expert on capitalising debt, I think your description is pretty much spot on. By issuing more shares that he then acquires, Wael can remove the outstanding debt, but this also dilutes the percentage held by other people. I believe it’s the process SL has used at City to remove debt, although I stand to be corrected. Quote Link to comment Share on other sites More sharing options...
pongo88 Posted June 25, 2020 Report Share Posted June 25, 2020 31 minutes ago, weeble said: Wael took effective sole control by negotiating the acquisition of the other family shareholdings in Dwane Sports after the death of his father. He now holds 90% of the family share holding and his brother Sami 10%. Although I’m no expert on capitalising debt, I think your description is pretty much spot on. By issuing more shares that he then acquires, Wael can remove the outstanding debt, but this also dilutes the percentage held by other people. I believe it’s the process SL has used at City to remove debt, although I stand to be corrected. The last couple of sentences are spot on. My 10 a shares in City mean I now only own one hundredth of a door handle on one of the toilet doors. Not that I’m complaining as if could be worse. I could hold 100% of a tent at the minimal stadium 2 3 Quote Link to comment Share on other sites More sharing options...
BCFC11 Posted June 26, 2020 Report Share Posted June 26, 2020 https://www.bristolpost.co.uk/sport/football/football-news/max-ehmer-jack-baldwin-bristol-4268502 BP calling it a stunning double swoop. Quote Link to comment Share on other sites More sharing options...
slartibartfast Posted June 27, 2020 Report Share Posted June 27, 2020 1 hour ago, BCFC11 said: https://www.bristolpost.co.uk/sport/football/football-news/max-ehmer-jack-baldwin-bristol-4268502 BP calling it a stunning double swoop. ******* hell !!.................................................er, who ? Quote Link to comment Share on other sites More sharing options...
Lanterne Rouge Posted June 27, 2020 Report Share Posted June 27, 2020 How shit must the wages at Gills be if one of them turned down a new contract there to sign for the s*gs? 1 Quote Link to comment Share on other sites More sharing options...
Selred Posted June 27, 2020 Report Share Posted June 27, 2020 11 hours ago, BCFC11 said: https://www.bristolpost.co.uk/sport/football/football-news/max-ehmer-jack-baldwin-bristol-4268502 BP calling it a stunning double swoop. To be fair that's 3 decent signings for league one. Quote Link to comment Share on other sites More sharing options...
slartibartfast Posted June 27, 2020 Report Share Posted June 27, 2020 8 minutes ago, Selred said: To be fair that's 3 decent signings for league one. nah Quote Link to comment Share on other sites More sharing options...
BCFC11 Posted June 27, 2020 Report Share Posted June 27, 2020 4 hours ago, Selred said: To be fair that's 3 decent signings for league one. There is a huge difference between decent and stunning. 1 Quote Link to comment Share on other sites More sharing options...
Bristol Rob Posted June 27, 2020 Report Share Posted June 27, 2020 8 minutes ago, BCFC11 said: There is a huge difference between decent and stunning. These signings are unlikely to be playing for pennies, wonder if Wally has loosened the purse strings and is having a punt at the top 6? Either way, they are doing their business early which is usually a sign of intent. Quote Link to comment Share on other sites More sharing options...
The Gasbuster Posted June 27, 2020 Report Share Posted June 27, 2020 31 minutes ago, Bristol Rob said: These signings are unlikely to be playing for pennies, wonder if Wally has loosened the purse strings and is having a punt at the top 6? Either way, they are doing their business early which is usually a sign of intent. Everything they do is in sight of a tent. 1 11 Quote Link to comment Share on other sites More sharing options...
Leveller Posted June 27, 2020 Report Share Posted June 27, 2020 On 25/06/2020 at 15:42, nebristolred said: I've no basis for this, but I always assumed it worked so that the owner takes a larger slice of the club, diluting the value of other shareholders in the process. So let's say there are 100 shares of Bristol Rovers. Wael owns 49 shares and other investors own 51 shares. So 49% v 51%. The club has racked up debts to Wael. Instead of calling in the debt, Wael can capitalise it as equity instead. So the club will create maybe 20 extra shares, all going to Wael (so it's now 69 shares v 51 shares). This leaves the split at 57.5% v 42.5%. So the other investors own the same number of shares as before, but they are now worth less as Wael has taken a bigger chunk of the pie as part of the debt capitalisation. The club's value remains exactly the same theoretically. It's just distributed differently internally. I could be way, way off but this is how I assumed it works, and I think it's this practice which has allowed Wael to take control of Rovers. Fully prepared to be ripped to shreds here now! Correct, I think, except that the club’s value rises, it doesn’t stay the same. There is now capital of 120, not 100. And yes, the asset value is the same, but the debt has been reduced, so the net asset value has risen. This is why capitalising the owner’s debt is generally seen as a good thing - he has the same amount of money involved, but the balance sheet is stronger. If the business fails, the owner loses that extra money, rather than claiming it as a lender. Quote Link to comment Share on other sites More sharing options...
In the Net Posted June 27, 2020 Report Share Posted June 27, 2020 3 hours ago, BCFC11 said: There is a huge difference between decent and stunning. Depends how many beers you've had! 10 Quote Link to comment Share on other sites More sharing options...
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