Fiale

Shef 2 good chances in quick succession

ha ha our gif's on SKY again.

4-5-1 to 4-3-3- in possession i guess

https://www.bristolrovers.co.uk/news/2017/december/waelinterview/

we didn't really look to be under any real threat until a self inflicted own goal and even when Boro tried to push for a point we still never looked like we would lose - great win, and 3rd in the table coming into the Christmas period... this is not what it usually feels like supporting us.

oh dear Mags

have we given up trying to cover the rugby markings - didn't we use to paint over them in green ?

stuck at home with flu, but hope it's a good game - and win. Looks a little defensive, but Lee has not got much wrong so far this season so lets hope we can get those 3 points.

The guy on the top right is mick or mac or something like that the meth head. Was a US meme a few months back. 

:laugh: - fielding, well you know why he's reluctant to leave his line he's like a fish out of water on the edge of his box,.

What a goal !!!!!!!!!!!!! yes !!!!!!!!!!!!!!

wow - that was close, are defending is poor lately

lo - Bobby - he's had a poor game, but a goal is a goal

at last 2-1 maybe we can salvage this

what the hell - why we playing through balls for their attackers to run onto - almost 3-0

game over we are dire

1 hour ago, Tomarse said:

But still.. 

 

When your a billionaire you will have security advice, they tend to get upset when you put yourself in harms way - any old pauper including me can stand in the stands.

17 minutes ago, fgrsimon said:

I liked the way that twice when talking about the 'training ground' being ready, he said "Septem...umm...July 2019". So there's a 3 month delay already!

That state of the art 'Training Complex' has very quickly become 1 full size pitch and 3 smaller ones with no mention of any other facilities at all. That visit to see Fleetwood's facilities must have been very enlightening:-

"This is fantastic, just what we want, so how much did it cost?"

"8 Million quid"

"Bugger that for a game of soldiers"

It should also be asked that, given it's now just 4 pitches, why the hell is the planning permission still dragging on and on?

12 minutes ago, Bristol Rob said:

Wally is trying to raise the money.

Sadly, he didn't fully understand the term Turf Accountant and so they are back to square one. Unless of course his 50p Yankie comes in.

I imagine the building costs and then hearing that  the academies lose over a million a year as well made them think - nope, nope, nope how about we get some rollers, seed and just create a few training pitches for now.

4 minutes ago, Port Said Red said:

I was interested in this bit when someone  quoted elsewhere in the thread, it looked incredibly generous, so I looked it up. so I looked it up on the FA Website. 

"The FSIF provides money for clubs in the Football League who want to improve their facilities for players, officials and spectators.

Grant limits

Football League clubs are eligible for:

a maximum £750,000 less any previous grants received from the Football Trust or FSIF at any time since 1990.

a maximum grant of 50% of eligible costs."

It appears that the £6m quoted is the total annual amount available to support clubs in stadium renovations, I guess the poster assumes that the FA will be happy to give them the whole pot as they are Bristol Rovers after all. 

Well they are the best supported ultra family orientated team in the world so why wouldn't they support them - but yes, good spot, I wonder what the maximum the FA have given any one club.

My favourite is our friend Henbury Gas who has hinted that Wael has had meetings including with Marvin Reece and has made a few hints re something happening Reece, Bristol Mayor, Bristol Arena, Stadium blah blah blah... so let's use this as the test and see what happenes Henbury Gas full of crap or in the know ?!  

Dwane Sports acquired Bristol Rovers 1883 Ltd (which owns the football club and the Mem) by refinancing that company's assets.

They provided a loan facility of £10 million to Bristol Rovers 1883 Ltd and in the 2016 financial year Bristol Rovers 1883 Ltd used this to :

1) Pay off the MSP Capital loan of £2.7 million
2) Pay off most of the old directors outstanding loans and bonds of £3.5 million (which is why they gifted the shares to Dwane Sports)
3) Pay approximately £1 million to cover trading losses for 2016

This is why the Dwane Sports loan stood at £7.2 million at 30.06.16

In the 17 months since then the club has continued to trade at a loss, which can be estimated at £1.5 million per year, so the loan must be close to £10 million now

So all of Dwane Sports "investment" in Bristol Rovers 1883 Ltd has been in the form of a loan and, because of the legal charge, if they want the loan repaid they are entitled to sell the Mem to get that repayment.


If the trend from the 2016 accounts is continued, and Nick Higgs and Barry Bradshaw are still owed nearly £1 million between them as they were then, the position would be :

Pre acquisition. Loans of about £7 million with annual interest of £420 000
Post acquisition. Loans of about £11 million with annual interest of about £ 650 000

I would suggest that things are considerably worse than before.

Even if we are super optimistic and say that substantial new revenue streams will appear in 3 years time it is likely Rovers would be £15 million in debt and running up £1 million per year interest bills by then.

The 2016 accounts state that Mr Hani Al Qadi has confirmed his intention to maintain support until at least March 31st 2018.


When Nick Higgs found it impossible to carry on covering the losses and looked for someone to take over, and get him out of it, the best offer was apparently the £6.2 million Dwane Sports initially paid. But that was in February 2016 when £6.2 million would clear the whole (MSP) external debt and most of the debt owing to the directors/shareholders. In November 2017, to get the owners out, that figure has risen to £11 million. 

Who is going to pay £11 million for something which was only worth £6.2 million 17 months ago apart from a property developer who is purely interested in the land and has no interest at all in a loss making, homeless, football club ?

I suspect this is the issue which Edward Ware, Gasincider, Severncider, Wael, and many other people with Rovers best interests at heart, are wrestling with at the moment. 

The club will get the going rate card for the mem site so the club won't lose out in any way financially, it will enable us to move to UWE as per the original plans. At that point it will become another capitalist venture and not solely built by EWH.

There is also up to a £6m grant available from the FA for all clubs building new stadia outside the championship which we qualify for. 

BRFC will own the stadium. I do not know any other commercial details presently. 

I don't know either whether the approach has been made to the ALQ family yet or whether this is actually a viable alternative or whether the ALQs will actually want to sell up. 

I do know that there have been 2 other consortiums interested. One has now completely cooled its interested. The other is American backed and the consortium have attended 3 games this season. Whether that's to invest or to take over I don't know.

I doubt EW has the finiancial clout himself to run rovers and build the stadium. There will be partners and other parties and I don't believe all this information has come from one source, namely EW, I know for a fact it hasn't. 

According to another ex director I spoke to, it was believed very much at the time the ALQs were going to build the stadium without the need for them to do it themselves. That was the clincher for them to takeover. All things were in place. The ALQs, for all their reasons have not decided to build UWE and go a different path. 

Whatever Wael or Hamer says only depends on whether Hani and the old man want to open the cheque book so to speak. And quite clearly for whatever reason they aren't now prepared to do it. 

UWE still want to do the project and maybe EW feels that it was the wrong decision to sell the club to the ALQs and if he can take over he can get the job done. 

NH was also the majority shareholder of the club with BB. EW had a minority stake so unless he had the people alongside him 3 years ago he could have never have taken over himself. 

I believe this was the plan b the club also talked about. These aren't new plans. I saw the blueprints for redevelopment for housing around 4-5 years ago when Sainsbury's fell through and the JR appeal was in process.

We don't know who the partners are. 

BRFC will own the stadium. 

No suggestion DS will give the mem away. 

there is more profit on building apartments on the Mem land and other commercial ventures than just houses. 

I think due diligence was done to the best they could have done it. It wasn't as if the ALQs came in and shut it all down once they got ownership of the club. I don't think there is much more they could have done. Its the ALQs that have changed the terms of the stadium build.

No matter how you try and keep things close, someone always has loose lips. I know Ed is on holiday at the moment and returns just before the Wimbledon game so don't expect to hear anything just yet.

56 minutes ago, Midlands Robin said:

If I was a betting man, I'd bet they'll stick with him through the transfer window but give him nothing in the way of spending money. If the financial issues are true then they'll never sack him as that would involve a pretty hefty pay off so they'll be looking for him to walk.

I wonder how many clubs will be willing to pay a managers 5 years contract out - I really hope he has some one year compensation option or he has probably signed himself out of a move.

24 minutes ago, Monkeh said:

Wonder is this is true as well,

Nov 7, 2017 at 7:47pm

Quote

 

Post by gasincider on Nov 7, 2017 at 7:47pm

Nov 7, 2017 at 7:30pm holmes said:

Nov 7, 2017 at 7:20pm gasincider said:

Wonder if the players have been paid?

 

With a little outside help they were apparently as were the staff.

 

So I understand 

 

PFA Helping out with the wages at the gas?

He has been pretty much hounded and abused for that thread. They claim he knows nothing, is lieing, guessing  etc which is all semantics as he obviously knew something had happened but was not 100% sure what, and asked whether anyone else had heard anything, when someone said yes he said he thought so, and has been hounded in the thread ever since.

5 minutes ago, wendyredredrobin said:

Dopey is actuallly the only thing they have going for them but his patience is wearing so thin that he will soon get offered a better job by someone and will be off.

I wonder if he has much ambition - he seems to have stayed at Rovers under some sort of misplaced loyalty, and his star is not so bright or ascending now. Just feel a more ambitious manager would have jumped at some of the alleged offers he had

I am amazed he thinks they will go ahead with a cat 2 academy at the colony. They will need several million for even a basic setup and then are looking at it listing them around a million a year. There is a reason so many clubs are going the route of just a under 23 team.

If they have money they first need to get that place leveled, the ground is simply not good enough for training on unless you want an endless stream of twisted knees and ankles. Then some buildings for at least domed basic needs. They need to move there soon so it will be interesting to see what does happen.