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oldrover

weired

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Lots of people put money into rugby clubs with no return

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The land to the rear of Fev is being built on how much do you think it will take to change it. If I remember from seeing the plans a few years ago it was mainly 'brown land', not green.

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Again... more supposition colin..... no evidence whatsoever.

The 40 yrs of commercial experience thst told you the land is woth £15m??? When in reality, current value will be what 10-20% of that???

I'll take your comments much more seriously colin when I see or hear some evidence.

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Again... more supposition colin..... no evidence whatsoever.

The 40 yrs of commercial experience thst told you the land is woth £15m??? When in reality, current value will be what 10-20% of that???

I'll take your comments much more seriously colin when I see or hear some evidence.

That is the point. Could be bought cheaply now and then planning permission asked for later. I didn't say it would happen overnight.

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That is the point. Could be bought cheaply now and then planning permission asked for later. I didn't say it would happen overnight.

Just going to go along with you for a minute here to please you. Right how long do you think it will take for him to buy the land? If it takes him 5 years it will of already cost him a fortune as our chairman/BOD are aiming to be at the top of SL. As he his funding most of this venture it will have already of cost him a bomb before he even buys the land.It would be cheaper to just go out and buy some land somewhere.

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Colin.... you are dealing with supposition, here. Nowt else. Nothing whatsoever you have suggwsted has any basis at all. So until you provide any evidence of corporate wrong doings.... im pulling back from this now.

There is little point in debating non events.

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Colin.... you are dealing with supposition, here. Nowt else. Nothing whatsoever you have suggwsted has any basis at all. So until you provide any evidence of corporate wrong doings.... im pulling back from this now.

There is little point in debating non events.

Fine Robin. No suggestion of corporate wrong doings- just sound business.

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nd 

Just going to go along with you for a minute here to please you. Right how long do you think it will take for him to buy the land? If it takes him 5 years it will of already cost him a fortune as our chairman/BOD are aiming to be at the top of SL. As he his funding most of this venture it will have already of cost him a bomb before he even buys the land.It would be cheaper to just go out and buy some land somewhere.

 I agree somewhat with what you say TG. But I reckon this will be long term with him and his associates looking for substantial retruens. I don't think it will take him that long but if the land sells cheap and with building going on around he will get planning in due course. Then with a substantial building programme you are looking at an appreciatimg asset held and a return annually in rents from £2-3 million. Depending on how many properties are built. Probably a mixture of commercial and private. Pure supposition as Robin says but these guys don't put money in for no return.

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I'm a little worried too.

 

Those two press releases about the new directors were jam packed with way too much bovine poop for my liking, which immediately arouses my spidey senses.

 

How secure is the land?  I seem to remember reading somewhere that only the A shareholders had the power to sell it, is that true?

 

It may be that Probiz are using us as a loss making vehicle to help them / their clients reduce their tax liability. It's the only reason why anyone would be daft enough to invest in an RL club, unless they were a massive fan with money to burn.  If so, then happy days, but the land does worry me.

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Stop worrying and enjoy the ride Have faith in the people that have agreed this with Probiz What should MC and co have done had a fans forum and said we had people wanting to invest and run the club more professional with us put I told them no chance we are happy as we are we don't want people with money at our club wanting to get us in S/L

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Maybe our assets are at risk.

 

Maybe Faisal has decided that in the world of sport, being the moneyman behind a team and for example potentially getting to lead your club out at Wembley is probably far cheaper in RL than in other sports. We all invest in the club to some extent, his is just a larger investment than most. Plenty of other clubs have people funding them for no obvious return other than seeing their club be successful.

 

I have no idea which of these views is the right one. I do suspect however that the Fev rollercoaster will be great fun as we find out :D

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I'm a little worried too.

 

Those two press releases about the new directors were jam packed with way too much bovine poop for my liking, which immediately arouses my spidey senses.

 

How secure is the land?  I seem to remember reading somewhere that only the A shareholders had the power to sell it, is that true?

 

It may be that Probiz are using us as a loss making vehicle to help them / their clients reduce their tax liability. It's the only reason why anyone would be daft enough to invest in an RL club, unless they were a massive fan with money to burn.  If so, then happy days, but the land does worry me.

As I understand it the 'A' shareholders have to ratify any major change. I am not against developing the land. What I want to warn the 'A' shareholders about is accepting a low valuation to sell when the potential is so much bigger with planning. As I understood it a few years ago the land is brown belt and the biggest obstacle to planning was the old pit shaft holes from yesteryear. Permission from the NCB required. They, the NCB, no longer exist so the path should be reasonably straight forward. I am not against investors or developers in any way. I just want the best deal for Fev. All I am saying is not to go blindly into a deal that might not be the best we could negotiate. Supposition? Yes. But it doesn't hurt to be prepared for such an eventuality.

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There's never been a pit shaft anywhere near the land Colin, and never been a house built on it neither, as a former committee man I thought you might have known about the search they carried out, using old records and maps, for proof that buildings had been built on any part of it... and they came up with zilch

 

There was however, a large underground air raid shelter between the houses and the rear gate on the opposite side of the footpath, but that's just local knowledge

 

 

PS. We also had zeppelins over during the great war

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once went to the job centre and they asked what my qualifications were, I told them zeppelin fitter and shepherd, when they said we might find you a job as a shepherd, I replied if you do i'll tell you my dogs died

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As I remember it Lorne there were bore holes and more than one. If I said shafts that was a slip. Sorry to hear about your dog. Hope life hasn't been too woof. Zeppelins just before my time but I remember hiding in the cellar when the second world war bombers came over. They were in the back to back pit houses that Griff thinks all the Fev millionares lived in. The cellars not the zeppelins. I now go along with the idea that these rich guys are just having a bit of light relief. Oh by the way if you think you have derailed the thread - hard lines. Regards Colin.

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I am used to being a lone voice. We will see in due course.

You're not a lone voice.

I worry when I hear about folk "investing" in a club. "Investors" generally want back more money than they put in in the first place.

What you need is "benefactors", not "investors".

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I have been on holiday. Can't see anything about the big meeting last week. Anybody any comments? What was said or discuused. Is everything in the garden lovely?

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I have been on holiday. Can't see anything about the big meeting last week. Anybody any comments? What was said or discuused. Is everything in the garden lovely?

I too didn't attend the meeting last week due to being on holiday, but I do know what happened, and the clubhouse was packed. Everything in the garden is rosey, I'm sure our CEO will fill you in with the story so far Colin.

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I don't follow Mo. Is there something I should know? Why should the CEO get in touch with me? I only want to know how the meeting went. Why the mystery?

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I don't follow Mo. Is there something I should know? Why should the CEO get in touch with me? I only want to know how the meeting went. Why the mystery?

Didn't say the CEO would get in touch with you. You should do what I do, approach him or Mark Campbell and ask questions, you get it straight from horses mouth then.

Ps, there is no mystery

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So was everything just on a general basis? I thought some kind of comment would be made on the mewmbers forum about the meeting. No points raised? No new information?

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