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Post by returnofthedust on Nov 23, 2024 9:30:37 GMT
I don’t want individuals to spend money, I want a club well run. We’ve not been a serious club this century. Last bit of good business done by a custodian was buying the mem. Another pie departs. Let’s see what the latest pies achieve. He gave us the quarters having arrived at an insurance companies social ground. He got us through Covid, he was approachable and in my experience a decent and honorable guy. The man who purchased the Mem who was incredibly fortunate to be about when Bristol RFC were in deep financial mire used to love boasting about how BRFC never cost him a penny. For many of us fans, (besides the Barton appointment) he brought a lot of dignity, positivity and respect, unlike the scruffy looking bus driver before him. Let's revisit this post in a years time to see how really toxic this club is going to become under an owners son playing FIFA 24 in real life. Again, congratulations, you got your wish granted. Every single football club in the EFL got though covid. I’m grateful for it but nobody stood to lose more than an owner if they let a club go under. |
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Post by gashead79 on Nov 23, 2024 9:31:58 GMT
Scrolling through this thread is a good laugh. So much nonsense flying about! FWIW I reckon if the Kuwaits have just chosen to buy out Wael, that probably suggests they have money. They didn’t have to do it, it shows MORE commitment not less. No I didn’t hear this down the pub like the rest of you, it’s just basic common sense. Define commitment please? In terms of commitment to do what? I don't think they have money at all, also based on common sense. The evidence isn't there, just look at us! |
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Post by madgas on Nov 23, 2024 9:34:57 GMT
Is the 18 months just an earnout period?
When you buy a company you often build in some remediation for early success.
In 18 months we could be celebrating a promotion to the prem. We could also be in conference. Value of those worlds is wildly different. Hence this doesn't seem mad.
Obviously I could be wrong.
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Post by madridgas on Nov 23, 2024 9:45:46 GMT
Never heard of an earnout period for a football club, especially with the new owners having been running it for some time. Sounds like delayed payment, which as an aside would keep Wael from saying too much until he has full repayment. Wael doesn't need to contribute to losses, so that is a £2m+ saving for him and good cashflow management by the owners. If the overdue transfer payments to other clubs are true, I guess any future deals will need to be 100% cash upfront !
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Post by roadman on Nov 23, 2024 10:01:29 GMT
Scrolling through this thread is a good laugh. So much nonsense flying about! FWIW I reckon if the Kuwaits have just chosen to buy out Wael, that probably suggests they have money. They didn’t have to do it, it shows MORE commitment not less. No I didn’t hear this down the pub like the rest of you, it’s just basic common sense. Define commitment please? In terms of commitment to do what? I don't think they have money at all, also based on common sense. The evidence isn't there, just look at us! He’s club sponsor, he has to toe the company line. And you will read this Harley and you will have also seen the praise and support I’ve given you on other threads in the last 2 weeks. It’s incredible what you have and are achieving in business and I’ve known you since you were at college and I stand by all this! But I am seeing nothing or hearing nothing that suggests these new owners have the minerals to make us a Brighton, Reading, Swansea, Cardiff, Hull, Doncaster, Rotherham……..we are putting lipstick on the pig for a profit and a bit of fun for the son to occupy him until he wants a nightclub in Kavos next. |
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Post by fanboy on Nov 23, 2024 11:29:01 GMT
Define commitment please? In terms of commitment to do what? I don't think they have money at all, also based on common sense. The evidence isn't there, just look at us! He’s club sponsor, he has to toe the company line. And you will read this Harley and you will have also seen the praise and support I’ve given you on other threads in the last 2 weeks. It’s incredible what you have and are achieving in business and I’ve known you since you were at college and I stand by all this! But I am seeing nothing or hearing nothing that suggests these new owners have the minerals to make us a Brighton, Reading, Swansea, Cardiff, Hull, Doncaster, Rotherham……..we are putting lipstick on the pig for a profit and a bit of fun for the son to occupy him until he wants a nightclub in Kavos next. I appreciate your comments, but for the record nothing I’ve said here is anything to do with sponsoring the club. I have not met the owners, and in fact, the people I worked with on the sponsorship have all left! 😂 |
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Post by roadman on Nov 23, 2024 11:47:06 GMT
He’s club sponsor, he has to toe the company line. And you will read this Harley and you will have also seen the praise and support I’ve given you on other threads in the last 2 weeks. It’s incredible what you have and are achieving in business and I’ve known you since you were at college and I stand by all this! But I am seeing nothing or hearing nothing that suggests these new owners have the minerals to make us a Brighton, Reading, Swansea, Cardiff, Hull, Doncaster, Rotherham……..we are putting lipstick on the pig for a profit and a bit of fun for the son to occupy him until he wants a nightclub in Kavos next. I appreciate your comments, but for the record nothing I’ve said here is anything to do with sponsoring the club. I have not met the owners, and in fact, the people I worked with on the sponsorship have all left! 😂 So how can you be pro this new lot and this sums it up to me, you haven’t met the new owners of the club and you are the major sponsor?!?! Let’s leave it at that. |
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Post by pucklegas on Nov 23, 2024 14:46:26 GMT
Scrolling through this thread is a good laugh. So much nonsense flying about! FWIW I reckon if the Kuwaits have just chosen to buy out Wael, that probably suggests they have money. They didn’t have to do it, it shows MORE commitment not less. No I didn’t hear this down the pub like the rest of you, it’s just basic common sense. Agreed, they re spending their money on the club we love and get a lot of derision on here, Lansdown spent millions on the 82 ers and he doesn't get much gratitude from their lot! Time will tell but we ve been close to the brink several times, seem to be in safer hands, got to be careful what you wish for. |
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Post by gashead79 on Nov 23, 2024 15:37:33 GMT
Scrolling through this thread is a good laugh. So much nonsense flying about! FWIW I reckon if the Kuwaits have just chosen to buy out Wael, that probably suggests they have money. They didn’t have to do it, it shows MORE commitment not less. No I didn’t hear this down the pub like the rest of you, it’s just basic common sense. Agreed, they re spending their money on the club we love and get a lot of derision on here, Lansdown spent millions on the 82 ers and he doesn't get much gratitude from their lot! Time will tell but we ve been close to the brink several times, seem to be in safer hands, got to be careful what you wish for. Safer hands? I don't feel this way at all. |
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Post by gashead1981 on Nov 23, 2024 17:18:11 GMT
Hopefully this doesn't turn out to be a case of be careful what you wish for.
It's clearly a staged buy out with shareholding reducing until end of season 2026. This gives the impression that the new owners don't have the money to pay Wael now and are effectively doing tranche payments in terms of putting the monthly operating costs themselves and Wael not putting in a penny in return for his shares.
This also gives Wael the opportunity to potentially find an investor for his shares subject to Hussains approval, and if he's a sensible man, he'd take that investment from the Dutch as a building block to getting us right. That would take care of the footballing side and he can concentrate on the nepotistic disaster which is the boardroom.
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Post by Topper Gas on Nov 23, 2024 17:44:10 GMT
I can't recall you ever saying the same about Wael's BoD which was basically a mirror image of the Al Seead's? Not sure any of us ever worked out what Karim did as a board member?
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Post by yattongas on Nov 23, 2024 18:14:10 GMT
Hopefully this doesn't turn out to be a case of be careful what you wish for. It's clearly a staged buy out with shareholding reducing until end of season 2026. This gives the impression that the new owners don't have the money to pay Wael now and are effectively doing tranche payments in terms of putting the monthly operating costs themselves and Wael not putting in a penny in return for his shares. This also gives Wael the opportunity to potentially find an investor for his shares subject to Hussains approval, and if he's a sensible man, he'd take that investment from the Dutch as a building block to getting us right. That would take care of the footballing side and he can concentrate on the nepotistic disaster which is the boardroom. Who we siding with Gas , the Dutch mob 🇳🇱 or the My pillow man 🇺🇸 ? 🤔 |
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Post by singupgas on Nov 23, 2024 19:03:07 GMT
Hopefully this doesn't turn out to be a case of be careful what you wish for. It's clearly a staged buy out with shareholding reducing until end of season 2026. This gives the impression that the new owners don't have the money to pay Wael now and are effectively doing tranche payments in terms of putting the monthly operating costs themselves and Wael not putting in a penny in return for his shares. This also gives Wael the opportunity to potentially find an investor for his shares subject to Hussains approval, and if he's a sensible man, he'd take that investment from the Dutch as a building block to getting us right. That would take care of the footballing side and he can concentrate on the nepotistic disaster which is the boardroom. Interesting if things were to play out like that. It would be considered strange behaviour, that in a space of a week, Wael supposedly in the civil service club talking about new investors openly with fans to then just deciding to walk away. Perhaps there is a long game. |
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Post by Topper Gas on Nov 23, 2024 19:57:31 GMT
Hopefully this doesn't turn out to be a case of be careful what you wish for. It's clearly a staged buy out with shareholding reducing until end of season 2026. This gives the impression that the new owners don't have the money to pay Wael now and are effectively doing tranche payments in terms of putting the monthly operating costs themselves and Wael not putting in a penny in return for his shares. This also gives Wael the opportunity to potentially find an investor for his shares subject to Hussains approval, and if he's a sensible man, he'd take that investment from the Dutch as a building block to getting us right. That would take care of the footballing side and he can concentrate on the nepotistic disaster which is the boardroom. Interesting if things were to play out like that. It would be considered strange behaviour, that in a space of a week, Wael supposedly in the civil service club talking about new investors openly with fans to then just deciding to walk away. Perhaps there is a long game. You couldn't make it up, for years he's never told fans anything then the week before he departs he decides to confide in fans at the Civil Service Club, he may well think he's got a long game but \i doubt the Al Saeed's are playing his game. |
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Post by gashead1981 on Nov 23, 2024 23:08:23 GMT
Hopefully this doesn't turn out to be a case of be careful what you wish for. It's clearly a staged buy out with shareholding reducing until end of season 2026. This gives the impression that the new owners don't have the money to pay Wael now and are effectively doing tranche payments in terms of putting the monthly operating costs themselves and Wael not putting in a penny in return for his shares. This also gives Wael the opportunity to potentially find an investor for his shares subject to Hussains approval, and if he's a sensible man, he'd take that investment from the Dutch as a building block to getting us right. That would take care of the footballing side and he can concentrate on the nepotistic disaster which is the boardroom. Interesting if things were to play out like that. It would be considered strange behaviour, that in a space of a week, Wael supposedly in the civil service club talking about new investors openly with fans to then just deciding to walk away. Perhaps there is a long game. There has to be, otherwise what would be the point in not binning him off now if it really was a case of a broken marriage? A staged buy out is only typical behaviour if you don't have the money and you have to raise capital from alternative sources over a period of time or it's a tranche style payment where one investor stops investing capital himself. It still gives Wael a certain amount of leverage if a new investor comes in to be able to sell his shareholding. |
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Post by singupgas on Nov 23, 2024 23:25:37 GMT
Interesting if things were to play out like that. It would be considered strange behaviour, that in a space of a week, Wael supposedly in the civil service club talking about new investors openly with fans to then just deciding to walk away. Perhaps there is a long game. There has to be, otherwise what would be the point in not binning him off now if it really was a case of a broken marriage? A staged buy out is only typical behaviour if you don't have the money and you have to raise capital from alternative sources over a period of time or it's a tranche style payment where one investor stops investing capital himself. It still gives Wael a certain amount of leverage if a new investor comes in to be able to sell his shareholding. If this is true I hope we don't have to wait 18 months to find out. I also can't see there being any stadium development in 18 months. Particularly as the owners don't have money to buys Waels shares in one hit it would seem. |
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Post by stuart1974 on Nov 23, 2024 23:47:45 GMT
There has to be, otherwise what would be the point in not binning him off now if it really was a case of a broken marriage? A staged buy out is only typical behaviour if you don't have the money and you have to raise capital from alternative sources over a period of time or it's a tranche style payment where one investor stops investing capital himself. It still gives Wael a certain amount of leverage if a new investor comes in to be able to sell his shareholding. If this is true I hope we don't have to wait 18 months to find out. I also can't see there being any stadium development in 18 months. Particularly as the owners don't have money to buys Waels shares in one hit it would seem. Different income streams? They would need to find the buyout themselves whereas we have been told that stadium development would come from commercial loans and other investors. |
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Post by gasheadontour on Nov 24, 2024 3:12:30 GMT
If the deal to buy-out Wael is transferable, then it should make it easier to sell the club.
Lenders for stadium projects like to have a shareholding as security for their loans, at least whilst a project is being built.
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Post by Topper Gas on Nov 24, 2024 8:24:24 GMT
There has to be, otherwise what would be the point in not binning him off now if it really was a case of a broken marriage? A staged buy out is only typical behaviour if you don't have the money and you have to raise capital from alternative sources over a period of time or it's a tranche style payment where one investor stops investing capital himself. It still gives Wael a certain amount of leverage if a new investor comes in to be able to sell his shareholding. If this is true I hope we don't have to wait 18 months to find out. I also can't see there being any stadium development in 18 months. Particularly as the owners don't have money to buys Waels shares in one hit it would seem. Even if our agents submitted their plans tomorrow it's very unlikely we'd get planning, appoint a construction company, and then start work within 18 months? In fact 18 months seems a perfect time scale to get planning and then start the work at the end of next season. |
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