Ska Junkie

So we're talking an absolutely huge interest only mortgage then Bianconeri where the capital has to be settled at the end of the term or refinanced elsewhere?

Essentially, as I understand it, Dwayne sports want to borrow a load of money, say £40M for redevelopment / rebuild. Given their crap financial performance currently and lack of assets, anyone who lends them that money will charge an interest rate of 8% due to that risk. This means they would have to find £3,200,000 a year to pay the interest alone. What happens if they don't pay it, gawd knows! The asset transfers to the lender I guess? The lender would then ask for a slice of revenues for, say, 30 years as payback on the loan. As the gas lose money now, they would have to make a shed load extra just to stay in the same financial position they are in now. Imagine someone who's broke and massively in debt, asking the bank for money. They would be charged much more than someone more credible as they are a much higher risk. That's how I think it works but stand to be corrected by those far more knowledgeable on these things.

We all know how 'lovely' Wael is but even he can't sell that I should think!! £3.2M in interest alone, each and every year BEFORE any equity is paid off? OUCH!!!!

Blimey! A new build / redevelopment not as good as ours costing, say £40M (a reasonable figure as 2 1/2 sides of our place cost £46M?), will cost them £3,200,000 in interest alone annually, before they pay any agreed dividend? No way on this earth can they afford that and compete can they?

IF we hit the Premier league, we could really hurt any potential deal for them, going by the above, as any 'floating' supporter would surely head to BS3 if that were the case? That would destroy any 'match day' hopes of covering those losses let alone make the required profit to cover investment charges. I appreciate the 'non matchday' stuff would be unaffected but all I can see is 'risk, risk, risk' on the part of any investor.

Thanks Eddie. That doesn't sound good on their part then as the benefits of any new asset would be taken up for a considerable length of time, paying off the investors used to build that asset? R*vers wouldn't see much, if any, benefit for some time. If I were gas (thankfully I'm not) that would worry me considerably as there would be minimal upturn in profit although the turnover should rise. That's not a particularly good business model I suppose plus they would also be carrying the burden of the multi £Million charge on the Mem? Oh dear, how sad, never mind!

You would have thought so PSR but I'm not sure Higgs wasn't already doing that hence why Wael and his mob had to pay him off and start accruing debt again against the asset , essentially paying off Higg's charge by putting their own on the same asset. I'm only guessing by the way. I'm intrigued as to where all this ££££ is coming from for their superdome / new tent etc as they no longer have the Sainsbury's money and can't borrow against their only asset as it's got a charge on it already and is subsequently mortgaged to the limit as I see it?

Transferred to the charge against the land (their only asset) I guess.

So the crux of this is that because we've done it, it's automatically assumed that they can do it? Erm, we've got 3 times the number of attending fans plus we had the funds to develop our stadium after having issues with a new stadium build which was capable of holding World cup matches. I can think of 14,000 reasons why they can't do what we've done then another 80 Million reasons why they can't in addition. It would be nice if the deluded souls actually worked out where the multitude of £Millions is going to come from to fund all their pipe dreams?

Is anyone else slightly suspicious that our newest methane snorting visitor is actually Henbury gash? He / she / it is well known for making up absolute drivel so he could easily have come on here (he has been invited) and blown utter bull crap up his / her / its' own arse (glamorous made up life style and qualifications etc)? I wonder if he / she / it ever produced that photo of the disabled City fan, allegedly attacked in a crowd of 20,000+ , but not seen by anyone nor the many cameras, even though it was proven that he / she / it is a compulsive liar?

Just a reminder, 6500 soon! The time we've dominated the city.

That's a pity, I could do with a laugh!

Wasn't he sat in his car on a driveway and had to have his seat belt on as he was so trollied? I bet he keeps his nut down now!

Fair play for your honesty. Where's the money coming from though? I've worked in Japan myself, a wonderful place.

What about UWE St Andrew's, surely that had your blood pumping? As an aside, would you have any idea how your club plan to fund a redevelopment / new build or are you sceptical?

I'm not sure it was 'finished above us' Malago, it was the last time they were above us full stop!

It was good fun while it lasted though. 'We're the biggest, richest, most famous club in Bristol, Premiership in 5 years. Unlucky the 5hit' wasn't it?

I think you're holding yourself in much higher esteem than our support do. Bear in mind we have many fans that have never had to face you so really couldn't care while those of us that have been at Bristol derbies, know we have moved so far ahead in every aspect that we treat you as a humorous irritant, like an annoying spotty little cousin. Our support actually treat you like a comedy as mentioned above. An example if you don't mind, you've just lost to a team our reserves spanked 5 nil. Apart from the 'Bristol' in our respective names, we have nothing at all in common with you. As for the 'mid / lower Championship' comment, you can only dream about being that bad!

He was fist pumping in front of the methane snorters when Argyle equalised at 1-1.

Good on Zac taking the piss as he left the pitch.That would have cheered up the visiting hordes no end! As for the trouble, there were obviously 'teds' in attendance.

Zak scores Plymouth's seventh goal in stoppage time in front of the away support and lifts his green Janners shirt to reveal a nice shiny red BCFC one! How good would that be?

I wish I had thought of that!!

What's this doing on page 2? I popped in Asda, Longwell Green earlier and walked straight into public enemy no 1 who must be back to visit his mum, which is admirable I suppose. Holloway really is one strange looking bugger isn't he?

Our 'wheels have come off' because we're 7th in the Championship? No doubt irony is above the intellect of the average sag? I bet they wish they were as 'crap' as us.

I may be wrong Bar BS3 but I'm pretty sure he guaranteed to cover losses for 12 months but that period is due to expire. If he doesn't do the same, they're in deep trouble I guess.