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

 

12 minutes ago, Bristol Rob said:

Ah, so he is still owed millions either way.

 

There was great rejoicing when it was announced that Rovers were substantively debt free and, apart from trade creditors and leasing etc, didn't owe the Al-Quidi's or anyone else a penny.

But now it turns out we still owe the Al-Quidi's at least £ 18.4 million and probably a lot more.

  • Like 2
Link to post
Share on other sites
10 minutes ago, bert tann said:

 

 

There was great rejoicing when it was announced that Rovers were substantively debt free and, apart from trade creditors and leasing etc, didn't owe the Al-Quidi's or anyone else a penny.

But now it turns out we still owe the Al-Quidi's at least £ 18.4 million and probably a lot more.

Bert - I’ve said this before and I’ll probably say it again as I’m a man of habit. You are far too sensible to be a Rovers supporter. You must be a true City fan who likes Adge Cutler and cider. 

Link to post
Share on other sites
8 minutes ago, pongo88 said:

Bert - I’ve said this before and I’ll probably say it again as I’m a man of habit. You are far too sensible to be a Rovers supporter. You must be a true City fan who likes Adge Cutler and cider. 

Don't tell I tell 'ee

  • Haha 1
Link to post
Share on other sites
29 minutes ago, bert tann said:

 

 

There was great rejoicing when it was announced that Rovers were substantively debt free and, apart from trade creditors and leasing etc, didn't owe the Al-Quidi's or anyone else a penny.

But now it turns out we still owe the Al-Quidi's at least £ 18.4 million and probably a lot more.

Yes, that wasn't quite the announced narrative.

Link to post
Share on other sites
46 minutes ago, Seneca the Younger said:

As said before, the ground is still worth the money he has put in. He hasn't risked any of his own money yet.

Maybe, but maybe not. Has anyone got an exact figure for the money in and the probable value of the land? Looking at it in another way, the money invested in Rovers by Wael could have been invested in a stock market fund instead. Even allowing for the recent dip due to Covid this would probably have provided a better return. 

Link to post
Share on other sites
6 hours ago, bert tann said:

 

But does he own the club and Dwane Sports Ltd ?

Or is his family still in control ?

This is what was said on June 19th.

But the £ 18.4 million loan owed to Dwane Sports by Bristol Rovers 1883 Ltd has not been capitalised. 

 

Firstly, Club President Wael Al Qadi has reached agreement for the acquisition of a controlling stake in our holding Company Dwane Sports from the other members of his family. This provides him with full control over Bristol Rovers (1883) Limited (BRFC1883) and Bristol Rovers Football Club Limited(BRFC).

As part of this process, Wael has agreed to capitalise £18.4m of loans owed to Dwane Sports from BRFC 1883 and £16.5m owed by BRFC to BRFC1883. In addition to the above, he has also agreed to write off £2.1m in interest that was charged on these loans, leaving the club (apart from our ordinary trade creditors, leasing and HP agreements) substantively debt free.

 

Dwane Sports is owned 90% by Wael Al Qadi, 10% by his brother Samir. BRFC (the football club) after the capitalisation, is 96% owned by Wael, the remainder held by the Supporters Club and other small shareholders.

If BRFC(1883)Ltd‘s  next set of accounts don’t show the loan dealt with, then that would be a concern, but somehow I don’t think that’s likely.

As with Bristol Sport’s labyrinthine set up, money passes between companies, but in the end it’s all Steve Lansdown’s.

In this case it’s all Wael’s, just not so much of it.

Link to post
Share on other sites
13 hours ago, weeble said:

Dwane Sports is owned 90% by Wael Al Qadi, 10% by his brother Samir. BRFC (the football club) after the capitalisation, is 96% owned by Wael, the remainder held by the Supporters Club and other small shareholders.

 

We only have one man's word for that and this is not how it appears at the companies registry in Jersey.

And the same man seems to have forgotten to tell Companies House in England that shares have been issued to capitalise the Dwane Sports loan so their charge over the Memorial Stadium can be removed from the record.

I think we might shortly be hearing from Mr Hani Al-Quidi who is not a great fan of Bristol Rovers FC and, at the moment, may not be a great fan of Mr Wael Al-Quidi.

 

  • Like 2
  • Thanks 1
Link to post
Share on other sites

A mate alerted me to this message about their striker - Clarke Harris -it’s allegedly from  his personal trainer  about him moving elsewhere - apparently he sent this message and then deleted very quickly ... he’s apparently not played last night in their game due to a tummy upset .... and then this appears ... 

78A84D73-47BA-412C-9520-D67A90587B5F.jpeg

Edited by Brann-red
Link to post
Share on other sites
8 minutes ago, Brann-red said:

A mate alerted me to this message about their striker - Clarke Harris -it’s allegedly from  his personal trainer  about him moving elsewhere - apparently he sent this message and then deleted very quickly ... he’s apparently not played last night in their game due to a tummy upset .... and then this appears ... 

78A84D73-47BA-412C-9520-D67A90587B5F.jpeg

Off to that bigger club Mansfield?

  • Haha 1
Link to post
Share on other sites
17 minutes ago, alexukhc said:

Off to that bigger club Mansfield?

Rumoured to be the posh, can’t help but laugh at these belters.....

 
rovers5charlton5
Fans' Favourite
*****
55 minutes ago
Antonio Fargas likes this
Quote
If this is true, and it could be as Ivan Toney is on the verge of a move away from Peterborough, then I would say the tweet is rubbish, as I wouldn't describe that as a 'fantastic move'.
 
oldgas
Club Legend
*****
34 minutes ago
 
Quote
If he does sign for that rag-arseoutfit then I hope we return the favour and trouser a fortune for an absolute lemon like we’ve signed from them in the past. 
 
singupgas
Club Legend
*****
8 minutes ago
 
Quote
If he goes, if we are demanding million or 2 for him,
Edited by RedRaw
  • Haha 3
Link to post
Share on other sites
46 minutes ago, RedRaw said:

Rumoured to be the posh, can’t help but laugh at these belters.....

 
rovers5charlton5
Fans' Favourite
*****
55 minutes ago
Antonio Fargas likes this
Quote
If this is true, and it could be as Ivan Toney is on the verge of a move away from Peterborough, then I would say the tweet is rubbish, as I wouldn't describe that as a 'fantastic move'.
 
oldgas
Club Legend
*****
34 minutes ago
 
Quote
If he does sign for that rag-arseoutfit then I hope we return the favour and trouser a fortune for an absolute lemon like we’ve signed from them in the past. 
 
singupgas
Club Legend
*****
8 minutes ago
 
Quote
If he goes, if we are demanding million or 2 for him,

If they get an offer, he'll go. It's their only chance of income for months to come. Wael has tried to make out that he's been investing in the club, in an attempt to get on board with some serious players/developers. They can play hardball and make him sweat, that's if they're at all interested in having that club as tenants. In the mean time, he has to either put his own money in, or, generate some to keep them turning over. Their new manager/coach is probably realising about now, that he has to make do and mend, more than he thought. Wael of course has the benefit of being able to blame the covid situation for any financial problems. Why has the training ground come to a halt?

  • Like 1
Link to post
Share on other sites
10 minutes ago, Rich said:

If they get an offer, he'll go. It's their only chance of income for months to come. Wael has tried to make out that he's been investing in the club, in an attempt to get on board with some serious players/developers. They can play hardball and make him sweat, that's if they're at all interested in having that club as tenants. In the mean time, he has to either put his own money in, or, generate some to keep them turning over. Their new manager/coach is probably realising about now, that he has to make do and mend, more than he thought. Wael of course has the benefit of being able to blame the covid situation for any financial problems. Why has the training ground come to a halt?

If we get a reasonable offer he'll be off. One year left on his contract and he hasn't signed the extension on offer. The training ground hasn't come to a halt, it's under construction. First pitch ready by September, second by October.

  • Haha 1
Link to post
Share on other sites
4 minutes ago, weepywall said:

Got bit of a nerve calling Peterborough a "rag-arse outfit" haven't they ? I would say Posh are  a similar size club to Rovers. 

The fewers are nowhere near Posh in stature. For a start Peterborough have actually developed their ground over the past few years and have something much more akin to a half decent stadium than a tented village.

  • Like 3
Link to post
Share on other sites

Peterborough have ambition. Rovers record signing was back in 1066 . But that doesn’t stop the delusion of the fewers who constantly compare their selves with much bigger clubs. And bizarrely look down their noses at clubs they think are smaller than them when in reality they are not . Tinpot pricks 

  • Like 6
Link to post
Share on other sites

Well they're improving, they sold the focal point of their team and main source of goals for more than £300,000!

Except Mark Little I genuinely don't know who their players are. I remember Ed Upson played for Yeovil, but I also thought he was Matt's younger brother which isn't true!

Link to post
Share on other sites
27 minutes ago, Seneca the Younger said:

"It is just a shame that it is a bit of a sideways step for him"

Obviously no team from the Championship thought he was good enough despite all the nonsense spouted from the anyone involved with the club and the Gas head post

Link to post
Share on other sites

They are so small time it is unbelievable.

When they picked up half a dozen free transfers & undisclosed fees (probably £50k) at the start of the window their mates at the North Korea post couldn’t wait to say it was “showing ambition”, but truth is this is like us selling Fam to QPR, a club in the same division.

Still Ben “2 wins in 16 games” Garner is “building his own team” as his friends in the media will say..

Link to post
Share on other sites
4 hours ago, Major Isewater said:

Bristol Rovers have sold Jonson Clarke-Harris to League One rivals Peterborough United, Bristol Live understands.

Clarke-Harris was left out of the Rovers squad which beat Cheltenham Town 2-0 in a friendly on Tuesday night with the Gas accepting a bid in the region of £1.25 million plus clauses.
 

:rofl2br:

 

Watch the Peterborough owner say it was less than 1.25m . He will get them frothing at the mouth. I actually like Peterborough’s owner 

  • Like 1
Link to post
Share on other sites

""We made JCH... He had a very average career before he joined us and wasn't exactly prolific, in the same way that we made MT the pkayer he was.. JCH owes us his career and his move to the moneybags club of the lower divisions. At least we recouped a decent fee for him unlike MT. Not that gutted tbh but we need to recruit two strikers to replace him as Ayunga and daly have next to no league experience"

Totally, totally deluded. He saved them from relegation. He scored 80% of their entire teams goals. Why do the Gash think that they're a special club that all players should be grateful to play for? league Two/One yoyo club, that don't even have a training ground, and their 'stadium' consists of 6 tents. They should be grateful that JCH clicked there, their 2 previous signings got 4 goals in nearly 150 games!

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.

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...