[Archived] Rovers Sold ??

[Roar of the Rover]

Some work mates keep mentioning that if the takeover goes through in August then it'll be too late for Sparky to buy decent players as they will have already moved.

[pick32]

my girlfriend told me that her dads mate has bought rovers, so i asked her his name and it was the same name that we hav been linked with recently and she doesnt have any clue about football.

[RevidgeBlue]

I would be more confident if this apparent lifelong supporter was working on his own ...and had sufficient money to do so on his own .

It's the motives of the other backers that I'm worried about ; what's in it for them , buying into a club they've presumably never heard of until a short while ago ?

Exactly my thoughts Phil when I read the People article.

It left us no clearer us to where the "real" money is coming from, presumably a number of American financial institutions.

We just have to cross our fingers and hope for the best. If they lob enough money in our direction to be more competitive in the transfer market, I couldn't give two hoots where it comes from frankly.

[neekoy]

Vinjay will be back with a "Williams out" thread

[Florida Rover]

I am just curious.How much did Jack pay for the club when he took it over?

[HairwayToSteven]

Some work mates keep mentioning that if the takeover goes through in August then it'll be too late for Sparky to buy decent players as they will have already moved.

I keep thinking that too. The club isn't very likely to push through any transfers until the new buyers are in place.

[neekoy]

I keep thinking that too. The club isn't very likely to push through any transfers until the new buyers are in place.

If you follow the usual trend of transfers, the last couple of days to deadline is when most of the big transfers happen so he should ahve plenty of time. It is not like he isn't going to be talking to anyone.

[Craigman]

http://66.102.9.104/search?q=cache:O_Y2nXl...lient=firefox-a

This link as a cached page from DJW investments suggest that DJW will own 36% if I am reading correctly.

[philipl]

Good find that one Craigman- looks like whoever wrote that piece is premature or the deal is much more advanced than anyone is letting on. The latter is quite possible.

A huge amount now comes down to who/what the other 64% and whether they are giving Williams lead managing rights in the consortium which I would expect to be the case if he has put it together and introduced the opportunity.

£67m would seem to be a fair price- 1.5 times historic turnover pre the new media rights deal.

I suspect the timing of the Rovers being sold statements has as much to do with positioning the club to hang onto players and being in the running to buy the likes of Bellamy. Rovers are becoming an unknown quantity in the market again and others will hesitate before mixing it with a club which might suddenly have an awful lot more financial muscle.

The news seems to have smoked Mourinho out regarding Benni. If it really is name your price time as the Daily Mail suggests this morning then £30m+ is what Hughes has said but I would imagine the club will fight.

[neekoy]

The Spring 2007 acquisition of Blackburn Rovers for over $100,000,000 marks both DJW's highest profile and also most significant investment.

DJW ownership 36%

You would think 100 million would purchase more then 36%?

[Biddy]

The Spring 2007 acquisition of Blackburn Rovers for over $100,000,000 marks both DJW's highest profile and also most significant investment.

DJW ownership 36%

You would think 100 million would purchase more then 36%?

It's not that much in the grand scheme of things. Going off todays $/£ rate it's only £50,528,001. I would hope our assets are worth more than that.

[Blueboy Downunder]

as we are becoming aware that daniel williams is looking unable to fully finance the deal himself and that there is 2 or 3 different partners in this deal, then i am getting less confident and having more reservations about this everyday.

i aint all that bothered if he does manage to take over, but as long as we are not left crippled if the 3rd parties decided that they will withdraw their financial backing.

[neekoy]

It's not that much in the grand scheme of things. Going off todays $/£ rate it's only £50,528,001. I would hope our assets are worth more than that.

Sorry didn't see the dollar sign, I was thinking it was pounds.

[John]

I have been thinking about this, and it has been going around in circles in my head somewhat, I would like to make the following points:

It is unlikely someone like Paul Allen would buy a seemingly small club like Blackburn (would obviously be great to have that money though)

Abromavich type wealth is what we all crave - I have put a quote below from our chairman John Williams (around 3 months ago)

"Because of the new television deal, we now have a stable business going forward so I don't think there's any pressure on the existing owners to sell the club," said Williams. But the only thing constant is change so you've got to keep moving and try and move to the next level if you can. The problem is the next level for us is regularly finishing in the top six, and ultimately the top four, so we are looking for the next Roman Abramovich, which is a very difficult task."

The quote above suggests we would only sell to individuals or a group who are very rich.

Why would Walter Hubert (he has helped organise this deal) get involved in something dubious, considering he used to be an ex-director and is a supporter of the club.

In addition, why would a supporter of the club recklessly ruin something he loves. He seems a clever businessman and apparently has got a lot of money behind him, so he obviously thinks he can give the club exactly what they need (investment).

Like most people I am really intrigued to know who these 'mystery backers' are.

In addition, a lot of fans understandably worry about takeovers, but it quite hard to cite any major problems that have resulted from one? (yet)

[Hughesy]

Kamy - Any news on the financial backers of the local lad?

Is it true that he will only own 36%?

Hope to god he has some massive investors behind him!

KEEP THE BLUE FLAG FLYING HIGH!!

[benhben]

Well Tooting Rover made a good call all them months ago didnt he/she. Or it could have just been a crazy guess which happened to come through due to a massive stroke of luck.

[Hasta]

Todays LET report on the matter

[Fife Rover]

Todays LET report on the matter

It's not taken the Dingles long to get in on the act. There are already several letters on the LT article that purport to come from Rovers fans warning us off the takeover, but just reading them immediately reveals their true identity: only a dingle is capable of that level of stupidity. To give another one his due though; he has quickly written in to apologise for the crass stupidity and insensitivity of the other idiots. Fair play and well done that man.

[bob fleming]

I don't know - it's strange some of this.

The link to BRFC being sold to DJW for $1,000,000,000.00 on their website is HERE

iamarover on the LET article posted the following: -

"This is seriously questionable. The same web site quoted by the LET - (see link above) - lists some very insignificant investments in VC fund terms - Brendan Flood would be sniggering in his Claret tea mug looking at this rag tag of a bring n buy jumble stall. Most worryingly is the detail on his supposed main vehicle EliteGraduateJobs which is 'cash flow positive' in Q1 this year! ie loss making up to now for 3 years, adn then earning a bit more money than he pays himself and a few rag tag employees in his global office empire of..oh dear, 2 - offices. This cannot be a serious bid. Please God it is not. Has all the hallmarks of a debt funded asset rape. Check out all this guy's biographies and none mention football let alone the Rovers. Rugby is his thing. Cambridge in 96? Means he is around 30. He just cannot be worth anything unless he is some sort of financial genius. The figures suggest not. Avoid."

Presumably DJWVentures.com would be a website in itself http://www.djwventures.com/ - that's a load of nonsense isn't it?

Take a look at this web site which sounds familiar http://www.brfcs.biz/ - similar to the above eh? i.e. A load of adverts etc.

Just a thought. The DJW website doesn't add up though does it?

[RevidgeBlue]

Todays LET report on the matter

Some very interesting internet comments after the article with various posters suggesting:

1) That the only clue to Daniel Williams' allegiances in his biographies suggest he is a rugby man.

2) No-one's ever heard of him in Lytham St. Annes.

3) That his business interests are relatively small time and not particularly successful ones at that.

4) Nuttall Investments is a newly formed company set up solely as a vehicle for the purpose of taking over the club. So by no means a longstanding company set up in homage to his favourite football team as the Sunday People was trying to suggest.

Have to say this is starting to worry me somewhat and that I thought the same as 3) above on looking at the link to the website. Like looking at a private individual's stock portfolio.

"100 shares in M and S, 200 shares in BT, 250 in Tesco". etc.

Philip, Jan any views?

[EwoodGlory]

Just a thought. The DJW website doesn't add up though does it?

It says coming soon...

Seems they are making a new version of the website. The old one was cached in Google, which is how you can still view the old site.

[bob fleming]

1) That the only clue to Daniel Williams' allegiances in his biographies suggest he is a rugby man.

Rev - I think the rugby thing / confusion comes from THIS which is clearly a different Daniel Williams (although same company?!? - I'm confused as well now). He's not ginger in that picture, we were promised a ginger man in the People.

Anyway, I'm sure there's nothing to worry about. There's a couple of blokes knocking about called Daniel Williams. One of which wears yellow jumpers and likes rugby. The other is a lifelong Rovers fan who lives in New Jersey probably and has a "significant amount of money" although there's nothing much about him of substance on the internet and no mention anywhere of "Nuttall Investments". The other guy involved in the take over, Walter Hubert, was once wanted by Interpol.

As I said, nothing to worry about, we're in safe hands.

[RevidgeBlue]

Rev - I think the rugby thing / confusion comes from THIS which is clearly a different Daniel Williams (although same company?!? - I'm confused as well now). He's not ginger in that picture, we were promised a ginger man in the People.

Anyway, I'm sure there's nothing to worry about. There's a couple of blokes knocking about called Daniel Williams. One of which wears yellow jumpers and likes rugby. The other is a lifelong Rovers fan who lives in New Jersey probably and has a "significant amount of money" although there's nothing much about him of substance on the internet and no mention anywhere of "Nuttall Investments". The other guy involved in the take over, Walter Hubert, was once wanted by Interpol.

As I said, nothing to worry about, we're in safe hands.

The other reassuring news is that they clearly know the market they are preparing to spend 67m on inside out..

We're classed as a "Hard to categorise investment" on their website.

[Dufflite]

I have been reading everything I can on this and most articles talk about William's highly successful 'Nuttall Invetsments'. Well I cant find any reference online to this company even allowing for mispellings. Anybody else had any luck on this?

[EwoodGlory]

it seems Nuttall Invetsments is a new company setup for purposes of investment in the club.

The papers seem to have it wrong in thinking its his company that has been around for a while.

Thats how I see it anyway