Fiale

24 minutes ago, Red-Robbo said:

I suppose the point of being a banker is it might be not too difficult to persuade the bank to lend the Gas the cash to cover the UWE (and court) costs - and of course to cover any shortage of funds the "billionaire" may have.

Such a transaction however could only be made on commercial terms though. A substantial repayment WILL be required.

Isn't bank lending to business pretty cheap atm now anyway ? It's only us plebs that get fleeced with high interest rates.

Wow we have two new gas threads now.. not seen that in a while - really should rename this thread "All Things Rovers Related" and sticky it.

there is a large thread already.... !

This is a old thread, and the only one on Rovers where everything Rovers related gets put - that's one of the main reasons it's so large. I'd rather this than like it used to be with lots of Rovers threads clogging the front page - maybe they could just sticky it and label it "Everything Rovers Related"  so it's out of the way ?

5 minutes ago, Just Red said:

Again, you are assuming. There is absolutely zero guarantees of this happening. Has the bloke even got 3 million? If I had 3 million in my bank I'd have a box at Stamford Bridge, not sit in the front row.

Just a thought and I could be completely wrong but considering this bloke is a banker, does he have anything to do with the wonga loan?

They own a 31% share in a Jordanian bank - think of it as owning a 31% stake in a Welsh bank, it's money... but not a lot.

The kid seems ok - we all have embarrassing dads at times... luckily not caught on camera and uploaded to mytube on the interweb

3 minutes ago, Tomarse said:

The Rolls Royce site theory can be written straight off - they've just started work on that recently. 

Yep, this is why UWE is a good location for a ground though, the Filton development, and all the new housing SG keeps dumping on our Northern boundary does not look set to stop, also great motorway and rail access.... cannot see any major housing projects our side likely to happen.... well ever to be honest !

Funny to think that dinky little Dundry transmitter is still going strong and serving so many people.... walk past it 2-3 times a week, I should salute it next time ..... no salute emotion !!! OTIB really ?   

2 minutes ago, Coombsy said:

Have rovers payed off all the lones or just the directors lones .

?

They refused to give details of the takeover - incl payments to the directors and loans incl etc - we will have to wait and see.

3 minutes ago, Hello said:

I didnt say they would just sell it did I, only that i suspect they would want to look into the possibilities. They would be foolish not to and.poor businessmen.

 

They might not be able to.do a deal but surely must try

They can try, would be foolish not to, but a lot of Rovers fans seem to think UWE needs Rovers more than Rovers needs UWE - I understand they are excited to get rid of the potential of administration if Higgs failed in the Sainsbury's case and lost the Mem due to loans being set against it, but they seem to have gotten a little carried away. 

1 minute ago, bs3 said:

So UWE are willing to sell off their land are they , so whats in it for UWE apart from a quick buck.

I also thought that UWE staduim was a unique partnership between football club and Univeristy  and that what made it special and more than just another staduim not my words but your fans on Radio Bristol. 

Again you have shown to have no ethics and are deluded in thinking UWE will just sale to you after all they have invested into the project.

 

 

 

Don't UWE own all the Watershed and a lot of the harbour side land and buildings ? I have no idea how they came into ownership but anyway, they are not short of a bob or two.

19 minutes ago, Hello said:

They arent building it straight off as they want to renegotiate the deal with UWE i suspect.

 

Previously we had no money and sale/leaseback of land and naming rights with UWE were required to finance the stadium.

I imagine Mr.Al-Qadi will want to be able to sell naming rights to whom he wants or name it the AJIB stadium an d pay Rovers creating Revenue.

 

There is also other land there with PP for Hotel etc that they are probably interested in

UWE won't sell the land, they aren't stupid. They want joint sports facilities, gym etc with campus shops and a stadium to hosts events/sport in - they asked Rovers to come in on the project to share costs, and give you guys a home, you pay rent and have a share of stadium income... win, win for you and UWE. Your owners don't have the money to buy the land, and why would a Jordanian bank (that your owners family have a 36% stake in) agree to buy naming rights ? I imagine UWE will look elsewhere if you are not interested, I know that they have thought about a indoor athletic stadium with a aim of getting competitions bought to Bristol as well as providing all the facilities they wanted for thier campus/students..... who knows maybe SL and Bristol Sport might get in on that as we need a Athletic stadium in Bristol and it's something on Bristol Sports radar I am sure.

Rovers are not the only people who can give UWE what they want.

 Worse case scenario they own the mem and a football team to manage, best case, they get a nice new stadium, with multiple income options in a great location with a big and growing catchment area. So it was probably a good deal... i'd have done it myself if that scratch card this morning would had been more than £5

13 minutes ago, Dynamite Red said:

https://twitter.com/DarrellsDiary/status/701359373315088384?s=09

I have mentioned this a few times on this thread after the announcement, seems the blue few are slow to catch on. 

YES!!!!!!!!!!!!!!!!!!!!!!!!!!

14 minutes ago, Cider red said:

so there worth a few hundred mil? I'm not good with numbers

6 minutes ago, 'keepuplino' said:

 

These figures won't be entirely accurate admittedly but it certainly shows their not worth anywhere near what SL is worth... These figures basically show that after liabilities they are worth a measly 61million... No where near the billions they are banging on about!!

They don't own all the bank, they have a 36% stakes in it. Anyway, the banks assets are a little over $1 billion but they not going to be used to pay for English football players. The bank made $22 million after tax profit in it's last accounts published. The new owners have some money, but they are not filthy rich.

1 hour ago, Robin TBW said:

Heard that the family are worth £1.4billion so about the same as Lansdown.

The family own a 36% stake in a Jordanian bank that has assets of around $1.3 billion - it's not the same as being worth that amount as the assets will be bank branches, computers, buildings, stocks, pensions, shares etc - if you want some context the families Jordanian bank made a after tax profit of around $22 million in 2014, and we are not even sure if all the family is involved or just the new president (after all if you have a few million and like football, buy a club, it's like football manager but bigger and better).

10 minutes ago, Fordy62 said:

I think the sell out jibes are mainly in response to the jibes we've taken re Lansdown. 

But I agree. In the short term this is excellent news for them. Going out of business looked a not too distant reality.

And am I the only one who thinks a rebrand to Bristol Black Arabs would be pretty ******* cool? I think it's genius. 

a more innocent age "a rebrand to Bristol Black Arabs would be pretty ******* cool?"

2 minutes ago, Charliesboots said:

It gets better....my delusional brother in law (who is a very sad sag) moments ago in a phone call crowing to me...I quote;

Him -"How does it feel to know we're as big as Chelsea and Man City now"

Me - "Your not"

Him - "Yes we are he's worth 1.5 Billion"

Me - "No he's not"

Him - "Well I can tell you now put money on us winning League Two next year"

Me - "No you won't"

Him - "Oh fxxk off"...hangs up

 

Their main wealth is the AJIB (who bought HSBC Jordan)  after tax that entire bank made just over 22 million in profit. Put that into context of our clubs accounts and losses, and you can see that these are not wealthy people who are going to plough lots of money into the club. More likely a sensible pair of hands that will inject cash and steer them safely, but nothing extravagant.

ITV also saying they are billionaires, yet still not seen anything to back this up... where are they getting this, is it just hype/rumour gotten out of hand ? 

8 minutes ago, southbristol said:

gashead73 Moderator   Dare we believe for the second year on the bounce! Posts: 604  Year you started supporting the Gas?: 1979  Member is Online   Posting Level Next Level in 396 posts

24 minutes ago via mobile Quote   Post by gashead73 on 24 minutes ago I was blown away' really feel we have come out smelling of Roses. While Al Qadi is flying to Zurich to vote on a new FIFA President what will Mr Lansdown be doing? Flying back to his Tax Free Safehaven! We are now on a par with wealthy clubs like Man Utd, Chelsea and Arsenal etc How does that make you feel' but (Big Smile) how do our Red Cousins really feel. Oh' and it sounds like we will get our shiny new Stadium..... Big tick from me, Loving it!

http://gaschat.co.uk/thread/5997/itv-westcountry-news

Their moderator is not to bright is he ! Maybe he should read a few pages of this thread, he might actually learn a little. 

"on a par with... Man utd, Chelsea,,,,, "   love to see his face when someone points out the facts....  

Been listening to him a bit more - the new owner sounds like a nice guy. 

39 minutes ago, southbristol said:

even the new club president is deluded, half a minute in......... have a listen

 https://www.periscope.tv/w/1kvJpzqMwooKE

 

To be fair he seems genuine, talking about not large pots of money, bringing on players, academy etc  just hope that Higgs and co have not mugged him and he has done some due diligence (though 40k for the conference final ? suggest he's let himself be swayed a little by his heart and not mind).

3 minutes ago, Jack Dawe said:

If Uwe is built that'll be nigh on 49,000 seats to fill every fortnight in this previously largely luke-warm football city. Gonna take some filling

With success will come the fans, it's getting the success. Anyway, about time we started getting more people interested in local sport and away from being Manc supporters - lets see what Bristol Sport really can do !!!

1 minute ago, RumRed said:

Not sure I'll live long enough to see that, and I include us in that statement too.

I know, it's been a hell of a long path - but things just feel like they are happening for both teams - can only be good for Bristol.