i hate rovers Posted July 19, 2015 Report Share Posted July 19, 2015 I suggest a course of anger management could help with your issues. i suggest you join your friends on the sag forum Quote Link to comment Share on other sites More sharing options...
Aizoon Posted July 19, 2015 Report Share Posted July 19, 2015 Quote Link to comment Share on other sites More sharing options...
Guest Posted July 19, 2015 Report Share Posted July 19, 2015 (edited) So 6.5 million in debt with interest of 44k per month plus player wages and any new transfers. And they want to appeal??They can withdraw from an appeal at any point. The risks are some costs and potentially Sainsbury's too. Sure the worst case scenario of failing and being liable for costs appears daunting, but the plug can be pulled before getting that deep. And who knows what offer Sainsbury's might be prepared to make if any (think hedging potential risk...) and Rovers prepared to accept between now and then to drop it..? Edited July 19, 2015 by Guest Quote Link to comment Share on other sites More sharing options...
Langford Red Posted July 19, 2015 Report Share Posted July 19, 2015 Gypsies 2 Quote Link to comment Share on other sites More sharing options...
bert tann Posted July 19, 2015 Report Share Posted July 19, 2015 Quote Link to comment Share on other sites More sharing options...
Merrick's Marvels Posted July 19, 2015 Report Share Posted July 19, 2015 1 Quote Link to comment Share on other sites More sharing options...
22A Posted July 19, 2015 Report Share Posted July 19, 2015 Quote Link to comment Share on other sites More sharing options...
Cider_boy Posted July 19, 2015 Report Share Posted July 19, 2015 Not too happy. If Rovers go bust, many entities (including local traders) will be left owed money by something that no longer exists. And if you're a local (or any sort of trader) you should no longer be doing business with Rovers other than cash up front! The loss of credit terms is often what tips someone into administration earlier than would otherwise be the case. 1 Quote Link to comment Share on other sites More sharing options...
I'm Sparti-Bob Posted July 19, 2015 Report Share Posted July 19, 2015 Gypsies Don't forget 'tramps and thieves' 1 Quote Link to comment Share on other sites More sharing options...
Langford Red Posted July 19, 2015 Report Share Posted July 19, 2015 Not too happy. If Rovers go bust, many entities (including local traders) will be left owed money by something that no longer exists. those things happen in all work Quote Link to comment Share on other sites More sharing options...
Langford Red Posted July 19, 2015 Report Share Posted July 19, 2015 Quote Link to comment Share on other sites More sharing options...
Sprocket Posted July 19, 2015 Report Share Posted July 19, 2015 "Higgs to apply for European bail out loan". Quote Link to comment Share on other sites More sharing options...
In the Net Posted July 19, 2015 Report Share Posted July 19, 2015 I liked the suggestion that fans bring a brick to each game. They have obviously copied City's plan for fans to buy a brick for the previous scheme to replace the Wedlock with a new stand. First of all they steal the ground from Bristol Rugby and now they are stealing our ideas to help them build a new stand. Various clubs have used the "buy a brick" scheme to fund stadium builds/improvements over the years - to lay claim to it as your own idea is a bit like saying that you invented the wheel. 2 Quote Link to comment Share on other sites More sharing options...
Chappers Posted July 19, 2015 Report Share Posted July 19, 2015 I get the impression that Higgs is just desperate to save face. Even if he won an appeal, no doubt Sainsburys would appeal that decision. Quote Link to comment Share on other sites More sharing options...
Red-Robbo Posted July 19, 2015 Report Share Posted July 19, 2015 Not too happy. If Rovers go bust, many entities (including local traders) will be left owed money by something that no longer exists. Mainly players and staff tbh. Quote Link to comment Share on other sites More sharing options...
ciderup Posted July 19, 2015 Report Share Posted July 19, 2015 Mainly players and staff tbh. My understanding is that their 'Wonga' loan was secured against the (:laugh:) 'stadium'. The Mem is owned by a totally separate company from the football club IIRC. That company is owned by Higgs and Dunford so they must have agreed to risk their equity. The loan doesn't affect the football club directly if my understanding is right, wether they will still have a home ground is debatable but the loan is secured against the Mem, not the football club. They're screwd anyway!! Quote Link to comment Share on other sites More sharing options...
Red-Robbo Posted July 20, 2015 Report Share Posted July 20, 2015 My understanding is that their 'Wonga' loan was secured against the () 'stadium'. The Mem is owned by a totally separate company from the football club IIRC. That company is owned by Higgs and Dunford so they must have agreed to risk their equity. The loan doesn't affect the football club directly if my understanding is right, wether they will still have a home ground is debatable but the loan is secured against the Mem, not the football club. They're screwd anyway!! I expect you're right there on all counts. But those running weekly losses - and court costs - will make further borrowing necessary very soon. 1 Quote Link to comment Share on other sites More sharing options...
Monkeh Posted July 20, 2015 Report Share Posted July 20, 2015 My understanding is that their 'Wonga' loan was secured against the () 'stadium'. The Mem is owned by a totally separate company from the football club IIRC. That company is owned by Higgs and Dunford so they must have agreed to risk their equity. The loan doesn't affect the football club directly if my understanding is right, wether they will still have a home ground is debatable but the loan is secured against the Mem, not the football club. They're screwd anyway!! It's a holding company much like the firm that owns Ashton gate However southampton's holding company went into administration and not the club itself but the club was still issued a points deduction Quote Link to comment Share on other sites More sharing options...
Admin phantom Posted July 20, 2015 Admin Report Share Posted July 20, 2015 From the thread linked above, this reply is brilliant ! I went to watch Bristol v stade francais a few years back. Arrived at the ground but when inside the seat for my ticket did not exist. My wife's seat was there but not mine. Seemed that it had been removed from the end of the row to facilitate space for a wheel chair. Due to the fact it was a sell out the stewards fetched me a stool from the bar to sit on. So maybe we should all bring a bar stool to. Lots available due to the amounts of pubs closing down. Would add to the ambience in my opinion! 2 Quote Link to comment Share on other sites More sharing options...
Aizoon Posted July 20, 2015 Report Share Posted July 20, 2015 Various clubs have used the "buy a brick" scheme to fund stadium builds/improvements over the years - to lay claim to it as your own idea is a bit like saying that you invented the wheel. I believe that Bristol Sport still holds the patent Quote Link to comment Share on other sites More sharing options...
Admin phantom Posted July 20, 2015 Admin Report Share Posted July 20, 2015 I liked the suggestion that fans bring a brick to each game. They have obviously copied City's plan for fans to buy a brick for the previous scheme to replace the Wedlock with a new stand. Am still waiting to see where my brick ends up ! Quote Link to comment Share on other sites More sharing options...
bert tann Posted July 20, 2015 Report Share Posted July 20, 2015 My understanding is that their 'Wonga' loan was secured against the ( ) 'stadium'. The Mem is owned by a totally separate company from the football club IIRC. That company is owned by Higgs and Dunford so they must have agreed to risk their equity. The loan doesn't affect the football club directly if my understanding is right, wether they will still have a home ground is debatable but the loan is secured against the Mem, not the football club. They're screwd anyway!! The funny thing is ciderup that MSP Capital do actually have a charge over the football club as well as the Mem. So they obviously did not want Nicholas "spinning off" the Rovers without settling their debt. Which might mean there is substance to the speculation that Dorset based MSP may be friends with Dorset based Harry Redknapp and that there is a link between the MSP deal with 1883 Ltd and Harry's expressed desire to "form a consawtyum and get back into footbaw". So the arrangement between Nicholas and MSP Capital could be more than simply a "bridging" loan and perhaps that is what our own "young gentleman in a civil disturbance" is alluding to when he tells us of those "other options" ? Or it might all be a load of bowls ! Quote Link to comment Share on other sites More sharing options...
Monkeh Posted July 20, 2015 Report Share Posted July 20, 2015 The funny thing is ciderup that MSP Capital do actually have a charge over the football club as well as the Mem. So they obviously did not want Nicholas "spinning off" the Rovers without settling their debt. Which might mean there is substance to the speculation that Dorset based MSP may be friends with Dorset based Harry Redknapp and that there is a link between the MSP deal with 1883 Ltd and Harry's expressed desire to "form a consawtyum and get back into footbaw". So the arrangement between Nicholas and MSP Capital could be more than simply a "bridging" loan and perhaps that is what our own "young gentleman in a civil disturbance" is alluding to when he tells us of those "other options" ? Or it might all be a load of bowls ! https://youtu.be/CmBHAlP4nwM More chane of the gas getting use the Harry buying them out Quote Link to comment Share on other sites More sharing options...
Aizoon Posted July 20, 2015 Report Share Posted July 20, 2015 More chane of the gas getting use the Harry buying them out Surely it's 'Arry's dog as does the finances? Quote Link to comment Share on other sites More sharing options...
Vincent Vega Posted July 20, 2015 Report Share Posted July 20, 2015 The funny thing is ciderup that MSP Capital do actually have a charge over the football club as well as the Mem. So they obviously did not want Nicholas "spinning off" the Rovers without settling their debt. Which might mean there is substance to the speculation that Dorset based MSP may be friends with Dorset based Harry Redknapp and that there is a link between the MSP deal with 1883 Ltd and Harry's expressed desire to "form a consawtyum and get back into footbaw". So the arrangement between Nicholas and MSP Capital could be more than simply a "bridging" loan and perhaps that is what our own "young gentleman in a civil disturbance" is alluding to when he tells us of those "other options" ? Or it might all be a load of bowls ! Clutching & Straws... 1 Quote Link to comment Share on other sites More sharing options...
bert tann Posted July 20, 2015 Report Share Posted July 20, 2015 Clutching & Straws... You'll be telling us next you don't believe Santa's Grotto has a sell on Claus. 2 Quote Link to comment Share on other sites More sharing options...
Vincent Vega Posted July 20, 2015 Report Share Posted July 20, 2015 You'll be telling us next you don't believe Santa's Grotto has a sell on Claus. Your lot are in no position to mock the contract Clause.. Quote Link to comment Share on other sites More sharing options...
BTRFTG Posted July 20, 2015 Report Share Posted July 20, 2015 The funny thing is ciderup that MSP Capital do actually have a charge over the football club as well as the Mem. So they obviously did not want Nicholas "spinning off" the Rovers without settling their debt. Which might mean there is substance to the speculation that Dorset based MSP may be friends with Dorset based Harry Redknapp and that there is a link between the MSP deal with 1883 Ltd and Harry's expressed desire to "form a consawtyum and get back into footbaw". So the arrangement between Nicholas and MSP Capital could be more than simply a "bridging" loan and perhaps that is what our own "young gentleman in a civil disturbance" is alluding to when he tells us of those "other options" ? Or it might all be a load of bowls On the basis (as evidenced in court) that 'Arry can neither read nor write looks like a match made in heaven : "I didn't know what I was signing....,"(works in either Cockney or Brizzleton accent.) 'Arry n 'Iggs - has a certain ring to it, don't you think? Quote Link to comment Share on other sites More sharing options...
HoldenBall Posted July 20, 2015 Report Share Posted July 20, 2015 Whats up with the Gash then? They haven't bought a player from Salisbury in a while.. Quote Link to comment Share on other sites More sharing options...
BS2 Red Posted July 20, 2015 Report Share Posted July 20, 2015 Whats up with the Gash then? They haven't bought a player from Salisbury in a while.. They are saving up their pocket money so they can buy a new tent. Quote Link to comment Share on other sites More sharing options...
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