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Rovers Takeover


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#1121 philipl

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Posted 21 October 2010 - 08:59 AM

That is correct.

Remember Syed owns an investment company therefore you would guess he would want to make some money out of BRFC....


No way would he get the £300m back, never mind making a profit on it.

If he were purely profit motivated, he would not be making the donations of the size he has.

#1122 John

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Posted 21 October 2010 - 09:14 AM

No way would he get the £300m back, never mind making a profit on it.

If he were purely profit motivated, he would not be making the donations of the size he has.


As Sam correctly said last week, you just hope any prospective owner knows what they are getting into. Bit worrying that Syed thought he could push through the sale in August (before the end of the transfer window) - or was that all PR talk as well.
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#1123 trueblue

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Posted 21 October 2010 - 11:04 AM

As Sam correctly said last week, you just hope any prospective owner knows what they are getting into. Bit worrying that Syed thought he could push through the sale in August (before the end of the transfer window) - or was that all PR talk as well.


Wouldn't the fact we are owned by a trust and not an individual (or consortium) be the reason the sale has become drawn out?.. the sale not being so straight forward?
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#1124 John

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Posted 21 October 2010 - 11:21 AM

Wouldn't the fact we are owned by a trust and not an individual (or consortium) be the reason the sale has become drawn out?.. the sale not being so straight forward?


I would assume so, obviously Syed didn't when he made those comments....
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#1125 philipl

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Posted 21 October 2010 - 11:22 AM

You have got to remember there is always a lot of window dressing that goes on.

#1126 roversinmyblood

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Posted 21 October 2010 - 11:36 AM

I feel that Syed’s donations are given for compassionate reasons but also made to possibly counter the unfairly perceived image that the Goldberg revelations created.

I also feel that it is not meant to be something that “greases the wheels” of the deal but possibly due to the NDA as a message to the fans that he is still on track and still determined to buy the club.

#1127 nicko

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Posted 21 October 2010 - 11:54 AM

The 'latest' I hear is that there are two live bidders still in for the club - but that there will have to be a result by the end of October.

That is from a pretty good source outside the club with very good sources inside the club.

I think it is correct and I hope it means there will be a resolution by the end of October.

If not, move on...
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#1128 deryck guyler's spoon

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Posted 21 October 2010 - 12:07 PM

If not, move on...


The only direction we will be moving under The Walker Trust is down.
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#1129 nicko

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Posted 21 October 2010 - 12:11 PM

The only direction we will be moving under The Walker Trust is down.


Not necessarily, but their attitude would have to change from 'hands off' to 'hands on and help.'
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#1130 deryck guyler's spoon

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Posted 21 October 2010 - 12:15 PM

Not necessarily, but their attitude would have to change from 'hands off' to 'hands on and help.'


Any indications of an "attitude change"?
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#1131 Hughesy

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Posted 21 October 2010 - 12:16 PM

there will be a resolution by the end of October.


And so the countdown begins

Posted Image days to go
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#1132 nicko

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Posted 21 October 2010 - 12:20 PM

Any indications of an "attitude change"?


I know that option has been discussed - and makes a whole lot of sense.

You can have a nice big house, let it go a bit and then realise you can't sell it for what you want and will only get more for it down the line if you get new kitchens and lavvies...

Doing that may give you one of the better properties on the street too.

It's just the same really.
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#1133 Hughesy

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Posted 21 October 2010 - 12:25 PM

What sort of financial clout do our trust have though??

Do they have plenty of liquid cash?
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#1134 bluebruce

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Posted 21 October 2010 - 12:26 PM

...when people create metaphors for football clubs, why is it almost constantly a house?

A football club is not like a house.
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#1135 67splitscreen

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Posted 21 October 2010 - 12:32 PM

Syeds radio interview with Radio Lancashire a few months ago.
In it talks about his expectations for his investment, with regard to a return on it.

Sorry no time line, the relevant section is approximately 2/3rds the way through, just after he talks about wanting to be a fan.

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#1136 Fife Rover

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Posted 21 October 2010 - 13:19 PM

Any indications of an "attitude change"?



Did you not see the various posts several pages back where it was "officially" declared by BRFC sources to the media that if there is no sale soon (end of Oct?) then in that case the Trust would once again become "active" as owners and there will be money made available to Sam in January?

#1137 brian_gallagher85

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Posted 21 October 2010 - 13:20 PM

...when people create metaphors for football clubs, why is it almost constantly a house?

A football club is not like a house.


What about a car? Give a wash and polish and some new wheels to try get a better return?
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#1138 RibbleValleyRover

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Posted 21 October 2010 - 13:29 PM

I know that option has been discussed - and makes a whole lot of sense.

You can have a nice big house, let it go a bit and then realise you can't sell it for what you want and will only get more for it down the line if you get new kitchens and lavvies...

Doing that may give you one of the better properties on the street too.

It's just the same really.


It's going to take a substantial investment to really change our fortunes imo, especially with all these clubs around us (the likes of Stoke, Bolton and Sunderland) who can spend a lot of money compared to us.

Would the Trust be prepared to do that? I have my doubts.

#1139 DanLad

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Posted 21 October 2010 - 13:33 PM

...when people create metaphors for football clubs, why is it almost constantly a house?

A football club is not like a house.


What metaphor would you use? I think you should volunteer one, if you disagree with Nicko's offering.

There's a famous phrase that it's a lot easier to knock down a house than build one.

:P

I was thinking that that a football club is like a hockey club, but on a planet with no trees.

:wacko:

(Sorry, going through my mid afternoon silly phase)

#1140 Fife Rover

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Posted 21 October 2010 - 13:39 PM

It's going to take a substantial investment to really change our fortunes imo, especially with all these clubs around us (the likes of Stoke, Bolton and Sunderland) who can spend a lot of money compared to us.

Would the Trust be prepared to do that? I have my doubts.



Obviously we have no way of knowing the answer to that with any degree of certainty, but I honestly feel that if the sale has been aborted for the forseeable future the Trust will have little option but to invest to whatever level is necessary to save Rovers from the doldrums. And perhaps more importantly to them,, to make the club a more attractive proposition for any future selling attempt.




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