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[Archived] Brockhall training Complex-ACV Declined


Ozz

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4 minutes ago, meadows said:

We can all make silly claims like that. Le Saux told me he cost £9m. There you go. 

The difference being my version is true and yours isn’t? I can speak for sure about Olsson/Hoilett/J Kean/Hanley/Henley. Or did Le Saux tell you he went for 9m? Footballers nowadays often talk about their ‘fee’ as the full cost for leaving, often the fee plus remainder of the contract. Not sure if that was the case in Le Saux’s time, even if it was would his contract be worth over 4m quid? 

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18 hours ago, J*B said:

Martin is a good footballer - he was instrumental in Swansea staying up. Regardless, 5.5m quid isn't to be sniffed at. A massive return for the club.  Financially, the Olsson's have done more for the club than Bill Eckersley and Greame Le Saux combined.

I still can't get image of him being run ragged and then sent off in that game against Spurs out of my mind. He looked anything but a good player then. I always thought he was a much better attacking player than he was a defender.

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I'll bring it back Ozz. This is the minute from the Fans Forum meeting on Monday night on the subject. Nothing new though.

Brockhall – Asset of Community Value

TS noted that Ribble Valley Borough Council had refused an application from the Rovers Trust to have Brockhall listed as an asset of Community Value and asked the club for their comments.

MC stated that, whilst he was not at the club at the time, he could accept that Ewood Park had been so designated in the past. The club was keen to get the community to come to the ground both for games and for other events throughout the year. He and the club felt, however, that this was not the case for Brockhall. Half of the site was occupied by the Academy so any free access to the community for that would raise issues of safeguarding. The club were also reluctant to provide the same level of access afforded to the public at Ewood to the team’s training sessions for reasons of privacy and confidentiality

In addition, public transport was difficult to the site and there was also a gated community next door. Furthermore, the facilities themselves are not designed for community use. The public have and will be continued to be given limited access on a managed basis.

MC emphasised that the club’s objection to the listing of Brockhall in no way indicated any plans to change the status of the site. The club had just invested in a new 3G pitch at the STC and gained Category 1 academy status for the next two seasons, which was a demonstration of their commitment. Whilst he could never rule out a change in the future the club would only move the training complex if any new site was at least as good as Brockhall.

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30 minutes ago, Mark45 said:

I'm sticking with that plan,if the chicken owners are selling training complex get on with sale,then go back to India and let new presidents come in.Hmmmmm?

Brockhall Village is the single biggest asset Rovers have. Its also Jack Walkers biggest and final legacy for the Club. I appreciate theres an argument for 'let them do what they want if it means we're rid of them', but the natives won't be happy with you calling for it.

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12 minutes ago, J*B said:

Brockhall Village is the single biggest asset Rovers have. Its also Jack Walkers biggest and final legacy for the Club. I appreciate theres an argument for 'let them do what they want if it means we're rid of them', but the natives won't be happy with you calling for it.

Legacy is = Stadium,Prem cup,Leverkusen in Euro Cup,league cup,Shearer,Nonda,King Ken.

Owners out at all costs,my opinion.

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26 minutes ago, Mark45 said:

Legacy is = Stadium,Prem cup,Leverkusen in Euro Cup,league cup,Shearer,Nonda,King Ken.

Owners out at all costs,my opinion.

Not for me - they’re achievements, not a legacy. A legacy is something you leave behind to be used after your gone. 

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29 minutes ago, J*B said:

Not for me - they’re achievements, not a legacy. A legacy is something you leave behind to be used after your gone. 

Like I said to you on twitter its only a legacy if its what he intended it to be. At the moment Ewood would fit your definition better despite the Riverside not being rebuilt and the current level of football being hosted.

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What if they sell it to offset the huge losses they've made, keep the club and let it slide out of the league? 

I can't stomach the thought that they'll still be here in twenty years ' time. But seeking the training ground may make that possible.

If they're still here in twenty years, I don't think I will be. Everyone has a breaking point

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21 minutes ago, Vinjay17 said:

My feeling is that I don't think they will be here in twenty years. Not sure where the club will be though hopefully not the ultimate doomsday scenario.

It all depends on how rich they actually are, which is a mystery nobody can solve to this day. It started out they where multi billionaires with cash everywhere, with collections of specialist cars they've imported. Then they where mortgaging land off to pay for things, with the business going downhill. Then they weren't mortgaging it, they where selling the land because the district it is in has grown dramatically and is now worth fortunes. Nobody is actually 100% sure financially where they are. People keep posting the figures from the stocks, which showed the company value drop in 2011 and 2015, but then dramatically improve all of 2016... and completely blow up in 2017 (reference attached). 

Shares are currently at £33 per share. When they bought the club they where 2.20 per share. If you put a timeline together showing what their share price has done since buying Blackburn, only good things have happened since they bought us. Now if you go back to the original question - how much cash did they actually have when they bought us? Well if you assume they where already pretty bloody rich, rich enough to spend 30 million quid on a football club... they must be insanely rich now. Rich enough that having a football club leaking 6m quid a year, doesn't really matter?

I'd like to think that Rovers losing money year on year effects them. But I'm not sure it actually does. In fact, I think they're having a bloody blast at the moment - they're company is doing significantly better than ever before. I get the feeling that unless the main companies shares drop back down under £5 a share, they'll keep us because we're insignificant. Its easy for them, they've sent Pasha over who's running the club for them at low cost and keeping all the heat off them. They don't have to do anything, they don't have to think about Blackburn Rovers.

Screen Shot 2017-11-20 at 11.21.44.png

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I don't care how rich you are most people won't write off a 100 million debt. Certainly don't trust them to do so even if the logical thing would be to cut losses and sell the club. I reckon they could probably get about 10 million for it (at the present time) and 8 figures looks better than 7 on paper.

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Just now, Vinjay17 said:

I don't care how rich you are most people won't write off a 100 million debt. Certainly don't trust them to do so even if the logical thing would be to cut losses and sell the club. I reckon they could probably get about 10 million for it (at the present time) and 8 figures looks better than 7 on paper.

10 million? Theres no chance - who's going to pay 10m for something that owes 100m? The two Ian's said it best - the club is completely worthless. Theres a reason they offered a 60m investment for 51% - because 51% of Blackburn Rovers is worth nothing. Owning BRFC (if you keep the debt to the owners at 100m) is a bloody hinderance to anyone.

So, I agree - they won't write off the 100m debt. They'll try to stabilise it (which we're seeing now, losses are going down year on year) to the point where the club costs nothing to run - then they'll just let us tick over. Until their hand is forced either financially - which doesn't look to be on the horizon - or if owning the football club is such a bloody pain in the arse, they press the button and give it away. 

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Just now, J*B said:

10 million? Theres no chance - who's going to pay 10m for something that owes 100m? The two Ian's said it best - the club is completely worthless. Theres a reason they offered a 60m investment for 51% - because 51% of Blackburn Rovers is worth nothing. Owning BRFC (if you keep the debt to the owners at 100m) is a bloody hinderance to anyone.

So, I agree - they won't write off the 100m debt. They'll try to stabilise it (which we're seeing now, losses are going down year on year) to the point where the club costs nothing to run - then they'll just let us tick over. Until their hand is forced either financially - which doesn't look to be on the horizon - or if owning the football club is such a bloody pain in the arse, they press the button and give it away. 

I said if they wrote the losses off didn't I? Crying out loud.

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2 hours ago, Vinjay17 said:

I said if they wrote the losses off didn't I? Crying out loud.

I know! What i'm trying to say is why will they write the losses off at the moment?

I'm convinced they're doing brilliantly - their company is doing better than ever and is predicted to keep improving. They're 100m+ in the red over here - and this is where I think the big accountancy firms coming in over summer come into play - but they realise they'll never ever get that money back, unless they invest heavily (or strike lucky) and hit the Premier League. So, IMO, they've made a conscious decision to get the club to a point where it just ticks over financially and forget about us. If they can get it to a point where we're not costing them anything I think they'll be happy to just let us rot. 

The only way I can see this ending is if their main business takes a massive hit and they need to raise some money/stop leaking money or if owning BRFC is such a pain in the arse its not worth the hassle.

People say hit the shareholders, which makes sense... but if you where a shareholder that had seen your stocks rise from £2.20 to £33 a share, would you care? I have a small hole in my utility room ceiling. Sometimes it rains in. Its a pain when it happens, but it only happens once a year. If it happened every day, caused a flood, which broke my washing machine and drier, i'd be pissed off and fix it. But once a year the wall gets a bit wet? Not arsed. 

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8 minutes ago, J*B said:

I know! What i'm trying to say is why will they write the losses off at the moment?

I'm convinced they're doing brilliantly - their company is doing better than ever and is predicted to keep improving. They're 100m+ in the red over here - and this is where I think the big accountancy firms coming in over summer come into play - but they realise they'll never ever get that money back, unless they invest heavily (or strike lucky) and hit the Premier League. So, IMO, they've made a conscious decision to get the club to a point where it just ticks over financially and forget about us. If they can get it to a point where we're not costing them anything I think they'll be happy to just let us rot. 

The only way I can see this ending is if their main business takes a massive hit and they need to raise some money/stop leaking money or if owning BRFC is such a pain in the arse its not worth the hassle.

People say hit the shareholders, which makes... but if you where a shareholder that had seen your stocks rise from £2.20 to £33 a share, would you care? I have a small hole in my utility room ceiling. Its a pain when it happens, but it only happens once a year. If it happened every day, caused a flood, which broke my washing machine and drier, i'd be pissed off and fix it. But once a year the wall gets a bit wet? Not arsed. 

To which some people will say they have already tried. Even to the point of considering buying shares themselves just so they can bring it up at an AGM without being booted out. I asked about it recently and while I can't remember the exact quote he kinda blamed other fans. Though it may have been more about several travelling over to Pune and not enough getting on board.

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