Jump to content

Welcome to One Team in Bristol - Bristol City Forums

Welcome to One Team in Bristol - Bristol City Forums, like most online communities you must register to view or post in our community, but don't worry this is a simple free process that requires minimal information for you to signup. Be a part of One Team in Bristol - Bristol City Forums by signing in or creating an account.

  • Start new topics and reply to others
  • Full access to all forums (not all viewable as guest)
  • Subscribe to topics and forums to get email updates
  • Get your own profile page and make new friends
  • Send personal messages to other members.
  • Support OTIB with a premium membership

Bristol Rovers Dustbin Thread


Recommended Posts

3 hours ago, myol'man said:

*gas love in alert*

I thought 1,100 to Blackpool in January was quite good 

Agreed. For a club of their size they travel in good numbers. Fact is that they're not the "best and most well loved team", speshially more than them gurt teds, we always have millions locked out. FTG.

 

Link to post
Share on other sites

 

58 minutes ago, wendyredredrobin said:

Still waiting to see what they spend the millions they got from the sale of Bodin and his mate on. When the locals realise that the transfer fees quoted were lies and they were sold for peanuts, they will be revolting.

Well they said they got a fair price, and more than Taylor. Seeing as well as Wael insinuated  we had over paid for Taylor "could have had him free on the summer" then I would guess that they would consider £400,000 odd rumoured as fair.

 

The wander off they will see it doesn't on players or if those monthly installments will be eaten up by their day to day cash flow.

Link to post
Share on other sites
2 hours ago, wendyredredrobin said:

Still waiting to see what they spend the millions they got from the sale of Bodin and his mate on. When the locals realise that the transfer fees quoted were lies and they were sold for peanuts, they will be revolting.

Rovers fans have always been horrible, inbred, bitter horrible people, but “revolting” is a tad harsh..!

Link to post
Share on other sites
12 minutes ago, bert tann said:

Club News

Statement:

Mem Redevelopment Update

15 January 2018

Dwane Sports are pleased to announce that Carillion plc have been appointed to oversee the redevelopment of The Memorial Stadium.

Speaking from his office on the 89th    floor of Dwane Towers St Helier  CEO Mr Hannibal Lecter explained that Carillion have an impressive track record of accumulating debt without anyone noticing and would be a good fit up for Dwane Sports. The reclusive tycoon went on to reassure Bristol Rovers supporters that the silence of the bankers was nothing to be alarmed about, a blue dragon was about to rise in the leafy suburbs of North Bristol and there was no truth in the malicious rumours about Hannibal falling.  

A full planning application will be submitted to the Bristol City County Council planning office one day and the club will be providing updates for supporters on the progress of the project via its various medical outlets.

These things take time, Bert.

  • Like 1
Link to post
Share on other sites
4 hours ago, Fiale said:

 

Well they said they got a fair price, and more than Taylor. Seeing as well as Wael insinuated  we had over paid for Taylor "could have had him free on the summer" then I would guess that they would consider £400,000 odd rumoured as fair.

 

The wander off they will see it doesn't on players or if those monthly installments will be eaten up by their day to day cash flow.

£400k is the consensus figure; this gives them the cash required to see out the season without the owners having to put in any unsecured cash (everything to this point has been secured against the stadium via the £10m charge).

The "going concern" note will be interesting when the accounts to 30 June 2017 are published at the end of March.  The accounts to 30 June 2016 said "Mr H Al Qadi has confirmed his intnetion to maintain this support for a period of at least 12 months from the signing of these accounts."

They were signed 30 March 2017 so this was to 30 March 2018; the approximate date I was expecting the drawings under the loan facility to hit the £10m charge.  Bodin's sale has kicked this particular can down the road by 3 / 4 months so is there going to be another 12 months' support promised this time? 

My estimate is that the loss for the next season will be c. £1.4m (actual cash out) and £0.6m of interest accruing on the loan due to Dwane Sports but non-cash.  So from where is that £1.4m of cash going to come?  Share issue, new investor, sale of future season ticket income (I forget which club did this, not a good idea), sale and leaseback of the ground, or the whole lot goes up for sale in the summer. 

 

The whole going concern note is interesting to read (p4 of the accounts on the below link listing filings) as it only talks about 2016/17 and 2017/18 seasons, caveats it by saying it assumes L1 status retained (okay, done that), but also refers to "expectations of future external finance as required".  That last may purely be a reference to the now defunct UWE project but the whole does not make for good reading.  And this was nearly a year ago when they'd just had two promotions on the bounce and the UWE project looked like it was going to happen.

 

https://beta.companieshouse.gov.uk/company/04501223/filing-history

  • Thanks 4
Link to post
Share on other sites
39 minutes ago, Eddie Hitler said:

£400k is the consensus figure; this gives them the cash required to see out the season without the owners having to put in any unsecured cash (everything to this point has been secured against the stadium via the £10m charge).

The "going concern" note will be interesting when the accounts to 30 June 2017 are published at the end of March.  The accounts to 30 June 2016 said "Mr H Al Qadi has confirmed his intnetion to maintain this support for a period of at least 12 months from the signing of these accounts."

They were signed 30 March 2017 so this was to 30 March 2018; the approximate date I was expecting the drawings under the loan facility to hit the £10m charge.  Bodin's sale has kicked this particular can down the road by 3 / 4 months so is there going to be another 12 months' support promised this time? 

My estimate is that the loss for the next season will be c. £1.4m (actual cash out) and £0.6m of interest accruing on the loan due to Dwane Sports but non-cash.  So from where is that £1.4m of cash going to come?  Share issue, new investor, sale of future season ticket income (I forget which club did this, not a good idea), sale and leaseback of the ground, or the whole lot goes up for sale in the summer. 

 

The whole going concern note is interesting to read (p4 of the accounts on the below link listing filings) as it only talks about 2016/17 and 2017/18 seasons, caveats it by saying it assumes L1 status retained (okay, done that), but also refers to "expectations of future external finance as required".  That last may purely be a reference to the now defunct UWE project but the whole does not make for good reading.  And this was nearly a year ago when they'd just had two promotions on the bounce and the UWE project looked like it was going to happen.

 

https://beta.companieshouse.gov.uk/company/04501223/filing-history

With them 4 clear of the relegation zone (5 with goal difference, but down to 2 if Wimbledon win their game in hand), and the financial effect relegation would have, perhaps it is time @Major Isewater started selling his squeaky bum oil north of the river.

  • Like 1
  • Haha 1
Link to post
Share on other sites
2 hours ago, JamesBCFC said:

With them 4 clear of the relegation zone (5 with goal difference, but down to 2 if Wimbledon win their game in hand), and the financial effect relegation would have, perhaps it is time @Major Isewater started selling his squeaky bum oil north of the river.

No way(sadly)will the gas go down-the current bottem two will go for sure and a few above 'em ain't much better.

Still,we live in hope.

Link to post
Share on other sites
2 hours ago, JamesBCFC said:

With them 4 clear of the relegation zone (5 with goal difference, but down to 2 if Wimbledon win their game in hand), and the financial effect relegation would have, perhaps it is time @Major Isewater started selling his squeaky bum oil north of the river.

Them being 17th, 4th points off relegation doesn't matter.. The shitheads have lost 5 in a row.. :clapping::clapping:

  • Like 1
  • Haha 3
Link to post
Share on other sites
2 hours ago, Robert the bruce said:

No way(sadly)will the gas go down-the current bottem two will go for sure and a few above 'em ain't much better.

Still,we live in hope.

I’ve this kind of thing before somewhere. Around May 2014, I think it was..! 

  • Haha 1
Link to post
Share on other sites
1 hour ago, Sergio Georgini said:

Them being 17th, 4th points off relegation doesn't matter.. The shitheads have lost 5 in a row.. :clapping::clapping:

I remember Ian Holloway doing a post match interview when he played for that mob up the road. He’d missed a penalty which cost them the points and when he was asked how he felt about it he said something like “I’m not that bothered because City lost today..”

I kid you not, I definitely remember this, it was pathetic and even some Roverzzzzz fans were certainly not impressed....

They think we are obsessed with them, yet time and time again they prove it’s the other way around, remember the Darrell Clarke ‘Happy Days’ comment that has come back to haunt him continually.....

Link to post
Share on other sites

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.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...