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Post by gasandelectricity on Jun 17, 2018 20:20:02 GMT
What’s the general gist though as there are a few flavours here including variants on change of ownership? If this is true, this is very exciting indeed.No it isn't? Change of ownership is a lottery because for every good owner there are owners such as SISU, Roland Duchaletet, the oystons ect. The way those owners treat the fans is something I never want to see at this football club. Honestly I think we were lucky in getting the Al Qadi's as owners, they aren't looking for a short term fix nor are they spending unsustainable amounts of money beyond the clubs means and what's more, wael is a likeable guy that shares our passion for the club. The club is making progress, getting the right staff in and becoming more professional than ever, they don't have a single reason to leave. Yeah I agree, what I'm saying is some strands of this rumour seem to involve the Al Qadis leaving, another with Wael staying on but with the family out and new partners, the other with everything staying as is. I'd be disappointed if the Al Qadis left as I feel they have the right strategy to take us forward. Ultimately I expect the rumour comes from the original GasChat thread and everything is revolving in circles.
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Post by Deleted on Jun 17, 2018 20:21:00 GMT
Well he wasn't was he? He also said that because the fencing contractors weren't paid the club was bust and the owners were pulling out. If anything the majority of what he said other than that the UWE deal was off was total sh1t. Didn't he also assault Rihanna or am I thinking of someone else? You are indeed,and he has a lil dicky. edit-just noticed this thread was started on the 15th,freaky Friday! Everything becomes clear now.
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Post by warehamgas on Jun 17, 2018 20:53:27 GMT
What’s the general gist though as there are a few flavours here including variants on change of ownership? If this is true, this is very exciting indeed.No it isn't? Change of ownership is a lottery because for every good owner there are owners such as SISU, Roland Duchaletet, the oystons ect. The way those owners treat the fans is something I never want to see at this football club. Honestly I think we were lucky in getting the Al Qadi's as owners, they aren't looking for a short term fix nor are they spending unsustainable amounts of money beyond the clubs means and what's more, wael is a likeable guy that shares our passion for the club. The club is making progress, getting the right staff in and becoming more professional than ever, they don't have a single reason to leave. Well said axegas. Some common sense at last! UTG!
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Post by Deleted on Jun 17, 2018 21:41:08 GMT
This forum really needs the football season to start...
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stuart1974
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Post by stuart1974 on Jun 17, 2018 21:42:21 GMT
Rumour must be quite good then spot on last time Well he wasn't was he? He also said that because the fencing contractors weren't paid the club was bust and the owners were pulling out. If anything the majority of what he said other than that the UWE deal was off was total sh1t. Don't have access to the Facebook group and don't know the source either. I do recall Gasincider's comments at the time quoting him as "Hani has binned the stadium....and there is worse to come." Not sure what the worse is or was, presumably the fence/legal proceedings. There was also a comment that we should be pleased it was leaked. I wasn't convinced it was in our interests to have it in the public domain especially when reading Wael's comments afterwards, he said he wanted to wait a bit in case UWE came back. Back to now, I do get the impression the is something going on and hopefully we will know sooner rather than later. Whether it is UWE or something else, we wait to see. Maybe the official cancellation has given both parties the freedom to negotiate without the pressure.
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Post by oldgas on Jun 17, 2018 21:54:32 GMT
Oh, FFS.
If anyone has anything concrete on this, the please, FFS state it on here.
No? Thought not.
All this talk about a New UWE is all bollocks. Nothing more, nothing less.
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Post by warehamgas on Jun 17, 2018 22:17:25 GMT
This forum really needs the football season to start... You’re so right. Mind you we might need a striker or two before we do!😉 UTG!
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Post by gashead1981 on Jun 17, 2018 22:23:13 GMT
No it isn't? Change of ownership is a lottery because for every good owner there are owners such as SISU, Roland Duchaletet, the oystons ect. The way those owners treat the fans is something I never want to see at this football club. Honestly I think we were lucky in getting the Al Qadi's as owners, they aren't looking for a short term fix nor are they spending unsustainable amounts of money beyond the clubs means and what's more, wael is a likeable guy that shares our passion for the club. The club is making progress, getting the right staff in and becoming more professional than ever, they don't have a single reason to leave. Well said axegas. Some common sense at last! UTG! [br’. Our loses have doubled since the ALQs have taken over, we are top heavy in the boardroom and have an office in London to the tune of £250k a year. However not everything is bad and I agree that the club is making progress but most of that is down to DC and the ALQs allowing him money to appoint needed staff on the playing side. However those losses must be sustainable and they aren’t under Wael’s stewardship, which is why his big brother needs to guarantee the losses at the beginning of each financial year.
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stuart1974
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Post by stuart1974 on Jun 17, 2018 22:42:31 GMT
Well said axegas. Some common sense at last! UTG! [br’. Our loses have doubled since the ALQs have taken over, we are top heavy in the boardroom and have an office in London to the tune of £250k a year. However not everything is bad and I agree that the club is making progress but most of that is down to DC and the ALQs allowing him money to appoint needed staff on the playing side. However those losses must be sustainable and they aren’t under Wael’s stewardship, which is why his big brother needs to guarantee the losses at the beginning of each financial year. Or if you put it another way, they are willing to spend more than before, we have an improved and enlarged board with experience, and even an office in London. There are other good things which is mostly down to DC with the AQ supporting him with finances. All this most be sustainable in time and whilst Wael doesn't have total control, Hani has supported him two years running. Interesting use of words, I take it you are not a fan of Hani.
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Post by Hugo the Elder on Jun 18, 2018 5:05:24 GMT
[br’. Our loses have doubled since the ALQs have taken over, we are top heavy in the boardroom and have an office in London to the tune of £250k a year. However not everything is bad and I agree that the club is making progress but most of that is down to DC and the ALQs allowing him money to appoint needed staff on the playing side. However those losses must be sustainable and they aren’t under Wael’s stewardship, which is why his big brother needs to guarantee the losses at the beginning of each financial year. Or if you put it another way, they are willing to spend more than before, we have an improved and enlarged board with experience, and even an office in London. There are other good things which is mostly down to DC with the AQ supporting him with finances. All this most be sustainable in time and whilst Wael doesn't have total control, Hani has supported him two years running. Interesting use of words, I take it you are not a fan of Hani. Hani is L2 standard at best and should probably drop down to the National League to kick-start his career. Oh, sorry. Wrong thread.
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Post by Langford Gas on Jun 18, 2018 5:15:51 GMT
Oh, FFS. If anyone has anything concrete on this, the please, FFS state it on here. No? Thought not. All this talk about a New UWE is all bollocks. Nothing more, nothing less. I might be able to shed a little light on this rumour, I was told by someone in Box 1 that UWE have been trying "to knock the door down,to get them around the table" Thats not to say this is going ahead or they are even talking. I strongly suspect if he has said this to me he would have said the same to others and maybe this rumour is a product of chinese whispers ?
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Post by Gasshole on Jun 18, 2018 5:46:48 GMT
A friend of mine is a Senior English language lecturer at UWE, he said “ The Stadium aint not definitely hapning”, he also said “ they don’t got no money init “
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Post by gashead1981 on Jun 18, 2018 5:48:55 GMT
[br’. Our loses have doubled since the ALQs have taken over, we are top heavy in the boardroom and have an office in London to the tune of £250k a year. However not everything is bad and I agree that the club is making progress but most of that is down to DC and the ALQs allowing him money to appoint needed staff on the playing side. However those losses must be sustainable and they aren’t under Wael’s stewardship, which is why his big brother needs to guarantee the losses at the beginning of each financial year. Or if you put it another way, they are willing to spend more than before, we have an improved and enlarged board with experience, and even an office in London. There are other good things which is mostly down to DC with the AQ supporting him with finances. All this most be sustainable in time and whilst Wael doesn't have total control, Hani has supported him two years running. Interesting use of words, I take it you are not a fan of Hani. I wouldn’t call Hamer an improvement..in any shape or form. And we will be paying at least a 100k a year for that privilege. But it isn’t sustainable is it..at least not at the Mem. As our outgoings are larger than our income, by a few million a year and we cannot generate the income to cover that loss at the Mem. At our current run rate our losses will outstrip our asset value in the next 3 years. Hani doesn’t like football, but is the source of feed for our club, I worry what happens when he loses total interest and will not underwrite the existing debt and the next years few million loss. It’s not about liking or not liking someone, it’s about the reality that our club finds itself in with the way our current owners run it. Anyway, back to the subject matter in hand, last Thursday I was told by a club employee that The improvements at the Mem including the temp stands are here for 2 years, why only 2 years, I asked? because in 2 years we may not be at the Mem was the answer. When I pressed, does that mean the UWE or another site, possibly both was the answer. In the meantime The club shop improvement is being paid for by Macron, which is why they are doing that. The bar is being revamped as it’s part of the insurance claim from the flooding that happened last year.
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Post by Gasshole on Jun 18, 2018 5:52:49 GMT
Well he wasn't was he? He also said that because the fencing contractors weren't paid the club was bust and the owners were pulling out. If anything the majority of what he said other than that the UWE deal was off was total sh1t. Didn't he also assault Rihanna or am I thinking of someone else? No you’re thinking of Chris Brown
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Post by gasandelectricity on Jun 18, 2018 6:13:02 GMT
Or if you put it another way, they are willing to spend more than before, we have an improved and enlarged board with experience, and even an office in London. There are other good things which is mostly down to DC with the AQ supporting him with finances. All this most be sustainable in time and whilst Wael doesn't have total control, Hani has supported him two years running. Interesting use of words, I take it you are not a fan of Hani. I wouldn’t call Hamer an improvement..in any shape or form. And we will be paying at least a 100k a year for that privilege. But it isn’t sustainable is it..at least not at the Mem. As our outgoings are larger than our income, by a few million a year and we cannot generate the income to cover that loss at the Mem. At our current run rate our losses will outstrip our asset value in the next 3 years. Hani doesn’t like football, but is the source of feed for our club, I worry what happens when he loses total interest and will not underwrite the existing debt and the next years few million loss. It’s not about liking or not liking someone, it’s about the reality that our club finds itself in with the way our current owners run it. Anyway, back to the subject matter in hand, last Thursday I was told by a club employee that The improvements at the Mem including the temp stands are here for 2 years, why only 2 years, I asked? because in 2 years we may not be at the Mem was the answer. When I pressed, does that mean the UWE or another site, possibly both was the answer. In the meantime The club shop improvement is being paid for by Macron, which is why they are doing that. The bar is being revamped as it’s part of the insurance claim from the flooding that happened last year. Thank you for the insightful context. As a known sponsor of the club this is substantial and also exciting to read. With regards to Hani not liking football, as an investor you don’t need to like what you’ve invested in to still be an interested stakeholder. If anything it can help as you are far more likely to be balanced about important business decisions. Remember Higgs was frequently defended for ‘being a gashead’ and look where that got us.
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Post by Henbury Gas on Jun 18, 2018 6:22:50 GMT
Or if you put it another way, they are willing to spend more than before, we have an improved and enlarged board with experience, and even an office in London. There are other good things which is mostly down to DC with the AQ supporting him with finances. All this most be sustainable in time and whilst Wael doesn't have total control, Hani has supported him two years running. Interesting use of words, I take it you are not a fan of Hani. I wouldn’t call Hamer an improvement..in any shape or form. And we will be paying at least a 100k a year for that privilege. But it isn’t sustainable is it..at least not at the Mem. As our outgoings are larger than our income, by a few million a year and we cannot generate the income to cover that loss at the Mem. At our current run rate our losses will outstrip our asset value in the next 3 years. Hani doesn’t like football, but is the source of feed for our club, I worry what happens when he loses total interest and will not underwrite the existing debt and the next years few million loss. It’s not about liking or not liking someone, it’s about the reality that our club finds itself in with the way our current owners run it. Anyway, back to the subject matter in hand, last Thursday I was told by a club employee that The improvements at the Mem including the temp stands are here for 2 years, why only 2 years, I asked? because in 2 years we may not be at the Mem was the answer. When I pressed, does that mean the UWE or another site, possibly both was the answer. In the meantime The club shop improvement is being paid for by Macron, which is why they are doing that. The bar is being revamped as it’s part of the insurance claim from the flooding that happened last year. and how do we know this ?
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Post by Henbury Gas on Jun 18, 2018 6:37:55 GMT
I can confirm that i have NO knowledge of this and "sources intimately familiar with the entire situation" don't either....
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Post by peterparker on Jun 18, 2018 7:04:45 GMT
Or if you put it another way, they are willing to spend more than before, we have an improved and enlarged board with experience, and even an office in London. There are other good things which is mostly down to DC with the AQ supporting him with finances. All this most be sustainable in time and whilst Wael doesn't have total control, Hani has supported him two years running. Interesting use of words, I take it you are not a fan of Hani. I wouldn’t call Hamer an improvement..in any shape or form. And we will be paying at least a 100k a year for that privilege. But it isn’t sustainable is it..at least not at the Mem. As our outgoings are larger than our income, by a few million a year and we cannot generate the income to cover that loss at the Mem. At our current run rate our losses will outstrip our asset value in the next 3 years. Hani doesn’t like football, but is the source of feed for our club, I worry what happens when he loses total interest and will not underwrite the existing debt and the next years few million loss. It’s not about liking or not liking someone, it’s about the reality that our club finds itself in with the way our current owners run it. Anyway, back to the subject matter in hand, last Thursday I was told by a club employee that The improvements at the Mem including the temp stands are here for 2 years, why only 2 years, I asked? because in 2 years we may not be at the Mem was the answer. When I pressed, does that mean the UWE or another site, possibly both was the answer. In the meantime The club shop improvement is being paid for by Macron, which is why they are doing that. The bar is being revamped as it’s part of the insurance claim from the flooding that happened last year. Hani this, Hani that.
Don't get me wrong, I don't deny he is the money man, but there are 4 people 'involved'. No ever mentions what Dad or Samer think/say etc, it's always Wael and /or Hani. Does Dad let them get on with it, does Dad tell Hani to let little brother have x etc.
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Post by Hugo the Elder on Jun 18, 2018 7:05:13 GMT
Or if you put it another way, they are willing to spend more than before, we have an improved and enlarged board with experience, and even an office in London. There are other good things which is mostly down to DC with the AQ supporting him with finances. All this most be sustainable in time and whilst Wael doesn't have total control, Hani has supported him two years running. Interesting use of words, I take it you are not a fan of Hani. I wouldn’t call Hamer an improvement..in any shape or form. And we will be paying at least a 100k a year for that privilege. But it isn’t sustainable is it..at least not at the Mem. As our outgoings are larger than our income, by a few million a year and we cannot generate the income to cover that loss at the Mem. At our current run rate our losses will outstrip our asset value in the next 3 years. Hani doesn’t like football, but is the source of feed for our club, I worry what happens when he loses total interest and will not underwrite the existing debt and the next years few million loss. It’s not about liking or not liking someone, it’s about the reality that our club finds itself in with the way our current owners run it. Anyway, back to the subject matter in hand, last Thursday I was told by a club employee that The improvements at the Mem including the temp stands are here for 2 years, why only 2 years, I asked? because in 2 years we may not be at the Mem was the answer. When I pressed, does that mean the UWE or another site, possibly both was the answer. In the meantime The club shop improvement is being paid for by Macron, which is why they are doing that. The bar is being revamped as it’s part of the insurance claim from the flooding that happened last year. I think this is as close to the truth as anything that's been posted on this forum in a long time.
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Post by oldgas on Jun 18, 2018 7:16:08 GMT
[br’. Our loses have doubled since the ALQs have taken over, we are top heavy in the boardroom and have an office in London to the tune of £250k a year. However not everything is bad and I agree that the club is making progress but most of that is down to DC and the ALQs allowing him money to appoint needed staff on the playing side. However those losses must be sustainable and they aren’t under Wael’s stewardship, which is why his big brother needs to guarantee the losses at the beginning of each financial year. Or if you put it another way, they are willing to spend more than before, we have an improved and enlarged board with experience, and even an office in London. There are other good things which is mostly down to DC with the AQ supporting him with finances. All this most be sustainable in time and whilst Wael doesn't have total control, Hani has supported him two years running. Interesting use of words, I take it you are not a fan of Hani. Errr........ Isn't that what the auditors write at least he end of the accounting year? Something like "Mr Al Quadi has agreed to absorb these losses for a further 12 months" or something similar in accountant speak
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