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Bristol R*vers dustbin thread

42nite

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Kid in the Riot

Kid in the Riot

Posted
Posted
8 minutes ago, petehinton said:

From reading that article, aligns with what @Kid in the Riot has been saying and Wael is sick of finding it all himself, aka is running out of money. Wonder how much of it will be ‘true’ investment, and how much is just Wael wanting his debt repaid??

Either way unlucky da shit, they’re the richest club in the world now :( 

Another KITR exclusive! Must have been months ago I said Wael was looking for a way out, and that new investment/owners were close.

OTIB > gAss Chat

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ExiledAjax

ExiledAjax

Posted
Posted
7 minutes ago, Kid in the Riot said:

Another KITR exclusive! Must have been months ago I said Wael was looking for a way out, and that new investment/owners were close.

OTIB > gAss Chat

I heard from some mates a few months back that he'd got as far as having draft letters of engagement with a few legal firms with respect to a full sale. Never signed on for that project but yes he's been looking for a way out/someone else to come in for about 18 months now.

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Kid in the Riot

Kid in the Riot

Posted
Posted (edited)
4 minutes ago, ExiledAjax said:

I heard from some mates a few months back that he'd got as far as having draft letters of engagement with a few legal firms with respect to a full sale. Never signed on for that project but yes he's been looking for a way out/someone else to come in for about 18 months now.

There were some Americans interested about 18 months ago but that went cold.

This new deal makes the fruit market stadium more likely, though I'd imagine Conygar are looking at the mess Rovers have created with trying to get permission for a temporary stand made out of scaffolding and tent poles, and thinking HTF are these guys gonna get permission for an actual whole stadium?

Edited by Kid in the Riot
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Bristol Rob

Bristol Rob

Posted
Posted
2 minutes ago, ExiledAjax said:

I heard from some mates a few months back that he'd got as far as having draft letters of engagement with a few legal firms with respect to a full sale. Never signed on for that project but yes he's been looking for a way out/someone else to come in for about 18 months now.

Football is a money pit, so no great surprise he wants to split the liability. If success is immediate then there are a few coins to be made, Wally has taken them backwards and then recovered to the position they were in.

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Miah Dennehy

Miah Dennehy

Posted
Posted

There's a part of me that imagines the board meeting going along the lines of...

'The new stand isn't going to be ready'

'Shit, really? We better get some good news out to gloss over that, tell them we have plans for a new stadium'

'Sir, I'm not sure we can get away with that one again'

'Okay, just say something about rich Arabs then, that should do it'

 

 

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chowie

chowie

Posted
Posted
41 minutes ago, Bar BS3 said:

Not much is known about him & Google doesn't seem to know who he is either....

Doesn't seem odd atall..!

Sounds similar to when Wael came in right?

Can't wait to see which watch this guy has, bet it's a Bobby Dazzler.

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Gazred

Gazred

Posted
Posted

Haha, they will all be frantically trying to find out how much this guy is worth. Nobody has heard of him, the bank he works for, what his history as an investor is or his interests in football are.

Sold him the investment purely on the possibilty of a few quid to be made if they flog the Mem and the fruit market becomes a reality would be my guess. He's not going to be writing cheques all the way to the Prem!

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Bar BS3

Bar BS3

Posted
Posted
11 minutes ago, chowie said:

Sounds similar to when Wael came in right?

Can't wait to see which watch this guy has, bet it's a Bobby Dazzler.

Actually no... a quick Google search of Wally was all it took for everyone to easily see that he didn't have a fraction of the money being spouted about.

I think it took anyone who'd care to look about half an hour to suss out they weren't actually the richest club in existence - whereas some of them still haven't worked it out.!

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chowie

chowie

Posted
Posted
3 minutes ago, Bar BS3 said:

Actually no... a quick Google search of Wally was all it took for everyone to easily see that he didn't have a fraction of the money being spouted about.

I think it took anyone who'd care to look about half an hour to suss out they weren't actually the richest club in existence - whereas some of them still haven't worked it out.!

Very True 

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ExiledAjax

ExiledAjax

Posted
Posted
49 minutes ago, Kid in the Riot said:

There were some Americans interested about 18 months ago but that went cold.

This new deal makes the fruit market stadium more likely, though I'd imagine Conygar are looking at the mess Rovers have created with trying to get permission for a temporary stand made out of scaffolding and tent poles, and thinking HTF are these guys gonna get permission for an actual whole stadium?

All I know is that I pity the poor associate who has to draft the disclosure letter for any investment. So many **** ups to admit to ?

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Open End Numb Legs

Open End Numb Legs

Posted
Posted
1 hour ago, Miah Dennehy said:

With the latest announcement I feel I should say a few words.

Unlucky da shit, we're coming for you etc. etc.

Short concise speech, well said! ?

It does make me think that this could help to explain the new stand fiasco? Rovers have taken their eye off the ball, been distracted by the prospect of offloading some ownership when their priority should have been abiding to planning process and making sure the paying fan has a useable ticket come the new season.

I used to see this at my work, the boss offloaded responsibility on the pretext of having something more important to do that was way above my pay grade (usually a jolly somewhere).

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RedRaw

RedRaw

Posted
Posted

IMG_7468.thumb.jpeg.90b7f8f3db09ed87af11872cbd719ddf.jpeg

here they go, can’t help themselves can they. how long before the next ‘unlucky da 5hit’ meathead raises his head above the parapet.

Ironic that the ‘rumour’ of the investment originated from this ‘dedication thread’ long before the vast majority of their own fans knew anything 

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1960maaan

1960maaan

Posted
Posted
2 hours ago, Bar BS3 said:

Not much is known about him & Google doesn't seem to know who he is either....

Doesn't seem odd atall..!

As others have said, Wael was quite easy to find out about. This bloke , not so much. I found one link which had Hussain Al Saeed as General Manager of a bank. 
Hard to know what's what, the Post has been like the advertising or promotional wing of the Squatters for years. They would Print any old shit that Wael sends their way as Gospel. 
We all remember "Billionaire with the nice watch" don't we.

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SirColinOfMansfield

SirColinOfMansfield

Posted
Posted
6 minutes ago, TomF said:

So yeah.. they'd buy any number of PL or Champ clubs.. but no.... 

Why would anybody want to look elsewhere after witnessing this?!

"Little is known about Al Saeed, and this is believed to be his first venture in European football, but he was present at the pre-season friendly against Eastleigh at Silverlake Stadium"

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Southport Red

Southport Red

Posted
Posted

So, let me catch up here…

a) Investor is a Kuwaiti

b) Kuwait is a rich country, (there are no non zillionaires in Kuwait after all). so

c) Investor HAS to be mega wealthy, and

d) Will be happy to splurge his kid’s inheritance on the South Gloucestershire Go Outdoors discount outlet. 
 

Have I got that right?

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cityal

cityal

Posted
Posted
1 minute ago, italian dave said:

The mind of a Sag

Ok let me rephrase - is there anything with the standard number of fingers and toes that connects the investor with the Sovereign Wealth fund?

If he was important enough to have access to said fund he would not be "anonymous" online.

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ExiledAjax

ExiledAjax

Posted
Posted
1 minute ago, cityal said:

Ok let me rephrase - is there anything with the standard number of fingers and toes that connects the investor with the Sovereign Wealth fund?

If he was important enough to have access to said fund he would not be "anonymous" online.

He would also not be shopping in League 1! There's plenty of clubs in the top division who would happily take Kuwait's SW fund as investor.

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bcdc

bcdc

Posted
Posted
56 minutes ago, Southport Red said:

So, let me catch up here…

a) Investor is a Kuwaiti

b) Kuwait is a rich country, (there are no non zillionaires in Kuwait after all). so

c) Investor HAS to be mega wealthy, and

d) Will be happy to splurge his kid’s inheritance on the South Gloucestershire Go Outdoors discount outlet. 
 

Have I got that right?

Bullseye, Southport. ‘The Story So Far’ in 4 brief lines. Good work;  have the rest of the day off. Tell ‘em I said so.

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Scrumpty

Scrumpty

Posted
Posted (edited)
2 hours ago, petehinton said:

 

Couple of questions. Does simply being Kuwaiti mean you can spend their wealth fund as you see fit? If so, I’m searching my family tree for Kuwaiti relatives.

Everyone in finance knows the biggest sovereign wealth fund belongs to Norway. But they’re too sensible to invest in football 

Edited by Scrumpty
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NcnsBcfc

NcnsBcfc

Posted
Posted

For every Middle Eastern Owner success story, there are 3-4 absolute disasters.

Who knows what will happen with this potential new owner, but the Jordanian Billionaire that took them over in 2016 and is still currently in charge has hardly moved them forward at all has he?

I think any new ownership comes with it's own inherent set of risks. The proof will be in the pudding of course. Any decent owner with financial acumen will look at the current Fruit market deal on offer as a complete fools gold. 

They would look to either develop the Memorial Ground (probably by turning the pitch 180 degrees, or given the complete nightmare of getting planning permission look to get planning permission for housing (just like Lansdown has done in order to fund the Sports Village), and then use those funds to build a stadium for them that A) They will own themselves and B) Will provide them with an income stream that will make them a viable football club in the future.

If this new Kuwait guy just looks to carry on the Fruit market deal, it will demonstrate to me that like Wael they really don't have the independent financial resources to broker a better deal.

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BrightCiderLife

BrightCiderLife

Posted
Posted
2 minutes ago, NcnsBcfc said:

For every Middle Eastern Owner success story, there are 3-4 absolute disasters.

Who knows what will happen with this potential new owner, but the Jordanian Billionaire that took them over in 2016 and is still currently in charge has hardly moved them forward at all has he?

I think any new ownership comes with it's own inherent set of risks. The proof will be in the pudding of course. Any decent owner with financial acumen will look at the current Fruit market deal on offer as a complete fools gold. 

They would look to either develop the Memorial Ground (probably by turning the pitch 180 degrees, or given the complete nightmare of getting planning permission look to get planning permission for housing (just like Lansdown has done in order to fund the Sports Village), and then use those funds to build a stadium for them that A) They will own themselves and B) Will provide them with an income stream that will make them a viable football club in the future.

If this new Kuwait guy just looks to carry on the Fruit market deal, it will demonstrate to me that like Wael they really don't have the independent financial resources to broker a better deal.

If there’s one club which would tell their supporters they’ve improved the ground by rotating the pitch by 180 degrees, it’d be them! ? 

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cityal

cityal

Posted
Posted
17 minutes ago, NcnsBcfc said:

They would look to either develop the Memorial Ground (probably by turning the pitch 180 degrees, or given the complete nightmare of getting planning permission look to get planning permission for housing (just like Lansdown has done in order to fund the Sports Village), and then use those funds to build a stadium for them that A) They will own themselves and B) Will provide them with an income stream that will make them a viable football club in the future.

That would still require the blue few to actually turn up in the sort of numbers that they have not witnessed for over 70 years!!

Bear in mind, at championship level, our average gates of over 20K are not really "sustainable" without a benefactor. I see no fundamental or structural reason why they would be better off in this regard, even if they were located at the fruit market.

They may claim support equal or better to ours but many years of evidence does not back this up. 

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NcnsBcfc

NcnsBcfc

Posted
Posted
22 minutes ago, cityal said:

That would still require the blue few to actually turn up in the sort of numbers that they have not witnessed for over 70 years!!

Bear in mind, at championship level, our average gates of over 20K are not really "sustainable" without a benefactor. I see no fundamental or structural reason why they would be better off in this regard, even if they were located at the fruit market.

They may claim support equal or better to ours but many years of evidence does not back this up. 

Oh, absolutely they are a tin pot club on every level.

The problem we have over our sustainability is our massive operating costs that never seem to be broken down. As @Mr Popodopolous and @Davefevs have spoken about in the past why our operating costs are £25m, when our turnover is only £26m (even before we factor in playing budgets) is beyond me. Other clubs in the championship operate on a much lower cost base. However until the club breaks down where that £25m is spent we can never take an informed stance.

in the meantime, City have their biggest average attendances in over 40 years, but still lose £20m+ per season.

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Mr Popodopolous

Mr Popodopolous

Posted
Posted (edited)
10 minutes ago, NcnsBcfc said:

Oh, absolutely they are a tin pot club on every level.

The problem we have over our sustainability is our massive operating costs that never seem to be broken down. As @Mr Popodopolous and @Davefevs have spoken about in the past why our operating costs are £25m, when our turnover is only £26m (even before we factor in playing budgets) is beyond me. Other clubs in the championship operate on a much lower cost base. However until the club breaks down where that £25m is spent we can never take an informed stance.

in the meantime, City have their biggest average attendances in over 40 years, but still lose £20m+ per season.

Not uncommon in the Championship.

We could get certain non football costs down sure but the costs of staging events especially post Covid definitely will have gone up too.

Similarly unlike some clubs we have certain costs. Depreciation and academy with recently developed infrastructure- I reckon our excluded FFP costs are abour £7m per season. Swings and roundabouts in some ways.

Edited by Mr Popodopolous
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NcnsBcfc

NcnsBcfc

Posted
Posted

As an aside....

Does anybody know whether Rovers actually have a functioning Academy/Development set up?

My eldest has just started at the SGS Academy team under Dave Hockaday. The goalkeeping coach was with Rovers until last season and a load of the team left Rovers over the summer.

Obviously all the Academies let a large number of players go at 16 and SGS provide their Academy with the Scholarship environment to try and get them back into the Professional game (15 signed Pro contracts in last 5 years).

They play all the local teams under 18-21s (excluding us) and have beaten Swindon, Newport, Reading and Forest Green over the pre season and then CAT 1 teams in term time

SGS though rarely play Bristol Rovers as the standard they play at isn't of a sufficient level. 

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bcfc01

bcfc01

Posted
Posted
43 minutes ago, cityal said:

That would still require the blue few to actually turn up in the sort of numbers that they have not witnessed for over 70 years!!

Bear in mind, at championship level, our average gates of over 20K are not really "sustainable" without a benefactor. I see no fundamental or structural reason why they would be better off in this regard, even if they were located at the fruit market.

They may claim support equal or better to ours but many years of evidence does not back this up. 

They must be the only club to have their attendances go down on promotion.

1974 promoted to the Championship (as is now) with 13,026 but the following seven seasons to relegation all had less (5,929 in the last season)

1990 promoted to the Championship with 6,202 then three seasons to relegation all under 6k.

 

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Bristol Rob

Bristol Rob

Posted
Posted
2 minutes ago, bcfc01 said:

They must be the only club to have their attendances go down on promotion.

1974 promoted to the Championship (as is now) with 13,026 but the following seven seasons to relegation all had less (5,929 in the last season)

1990 promoted to the Championship with 6,202 then three seasons to relegation all under 6k.

 

It's what they do.

#GasLogic

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Port Said Red

Port Said Red

Posted
Posted
14 minutes ago, Monkeh said:

Any Arab billionaire wouldn't be wasting their time with a 3rd division club stuck in a non league ground and train on a Sunday league pitch,

It also seems unlikely that someone with any real money or stature would leave Wael to get on with heading operations, if they have done their homework and seen what he has done once the family left him on his own they surely cannot been impressed.

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Eddie Hitler

Eddie Hitler

Posted
Posted
23 minutes ago, Monkeh said:

Any Arab billionaire wouldn't be wasting their time with a 3rd division club stuck in a non league ground and train on a Sunday league pitch,

 

 

Unless they have bought them for the same reason that Robert Maxwell bought Oxford United; he wanted somewhere near his home where he could land his helicopter.

 

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RedRaw

RedRaw

Posted
  • Popular Post
Posted
34 minutes ago, Monkeh said:

Any Arab billionaire wouldn't be wasting their time with a 3rd division club stuck in a non league ground and train on a Sunday league pitch,

 

Not according to these wet wipes…...

IMG_7471.thumb.png.0104947923ea6a787337cd950c9c73ab.png

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supercidered

supercidered

Posted
Posted
I rarely go on to their 'Forum' but now and again I do when I'm having a particularly sh!te day. Today is one of those days so I had a quick look to cheer myself up.
 
They start by saying, 'I don't know how the planning process works but .........'
 
'fast track route' ?
'surely we don't have to wait in a Queue' ?
 
The best bit though: 'affects something of cultural importance to the city' ??
 
Thank you S@gchat for cheering me up!!
 
39 minutes ago  
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Post by heartofgas on 39 minutes ago

I don't know how the planning process works but surely there is a fast track route if the planning permission affects something of cultural importance to the city. Surely we don't have to wait in a queue behind Mr Wilsons proposal to build a porch on the front of his 3 bed semi?
 
dudelebowski
Club Legend
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Scrumpty

Scrumpty

Posted
Posted (edited)
5 minutes ago, supercidered said:
I rarely go on to their 'Forum' but now and again I do when I'm having a particularly sh!te day. Today is one of those days so I had a quick look to cheer myself up.
 
They start by saying, 'I don't know how the planning process works but .........'
 
'fast track route' ?
'surely we don't have to wait in a Queue' ?
 
The best bit though: 'affects something of cultural importance to the city' ??
 
Thank you S@gchat for cheering me up!!
 
39 minutes ago  
Quote
Post Options
 

Post by heartofgas on 39 minutes ago

I don't know how the planning process works but surely there is a fast track route if the planning permission affects something of cultural importance to the city. Surely we don't have to wait in a queue behind Mr Wilsons proposal to build a porch on the front of his 3 bed semi?
 
dudelebowski
Club Legend

If Mr Wilson lives in a certain part of Horfield, perhaps he’ll revise his plans for a porch and go for a 3,000 seater conservatory in his back garden instead  - queue jumped in an instance 

Edited by Scrumpty
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Lanterne Rouge

Lanterne Rouge

Posted
Posted

It gets me that all the objections I`ve read have been well thought out, considered and well written whereas the comments in support from their dribblers are along the lines of ` we want a new stand and you better let us build it or else`.

I hope the poor sods who have to read them are at least getting a chuckle out of it.

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slartibartfast

slartibartfast

Posted
Posted
41 minutes ago, supercidered said:
I rarely go on to their 'Forum' but now and again I do when I'm having a particularly sh!te day. Today is one of those days so I had a quick look to cheer myself up.
 
They start by saying, 'I don't know how the planning process works but .........'
 
'fast track route' ?
'surely we don't have to wait in a Queue' ?
 
The best bit though: 'affects something of cultural importance to the city' ??
 
Thank you S@gchat for cheering me up!!
 
39 minutes ago  
Quote
Post Options
 

Post by heartofgas on 39 minutes ago

I don't know how the planning process works but surely there is a fast track route if the planning permission affects something of cultural importance to the city. Surely we don't have to wait in a queue behind Mr Wilsons proposal to build a porch on the front of his 3 bed semi?
 
dudelebowski
Club Legend

This guy aught to apply for the spin doctorate at Conservative H Q............ he can put the most positive slant on anything ! we are totally crap, got an ex con for a manager, no crowds, a shithole of a ground and deluded as ****, ideal for a capital venturer I'd have thought !

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