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[Archived] Rovers Might Have Been Sold?


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Does anyone know if it is WGA the company purchasing the shares from the Trust or will it be Mr Syed personally acquiring them?

I'd have thought he will be setting up a new shell company with loans from the main WGA investment group.

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Too many people taking yesterday's statements literally.

He wont know for sure how much money it's going to take to get us where he wants. £300m - he wont know what it's going to cost. Talk of a 40000 seater stadium will be looked at much more closely if and when he takes over. Take with a pinch of salt the comments about not wanting to make profits as well, because he isn't going to come here without some kind of plan that will give him a return when he does finally sell out.

Having said that, we are going to be sold that's for certain - and if the trustees and Rothschild's think he's genuine, then we wont get anyone better. Very interesting and exciting times.

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Well don't worry because City's transfer model is based on around £400m. Don't forget that this £80m-£100m is planned for the first five year phase. That's no more than £20m per season.

In reality we are likely to end up a level above Stoke's recent spending patterns.

Although Stoke just spent £8m on Jones and are bidding £9m on Rodellaga so I'd say we'd be on par with them.

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Hum, I don't know what I did. It wasn't working, I changed nothing and now it is :s

http://www.brfcs.com/membermap/

Well done- what is waggy doing in Moscow or should we not ask??

Re Paul Plunkett's comment, I haven't seen what he wrote but I am not aware of any change to:

- Rovers can talk to anyone,

- But nobody can buy Rovers within the next four weeks except WGA,

- WGA also have an exclusive on doing due diligence so nobody else can access anything not already in their posession (through NDA for example) or in the public domain,

- and an MOU has been signed by both parties but what they have reached understanding about is not something for prying eyes.

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- and an MOU has been signed by both parties but what they have reached understanding about is not something for prying eyes.

Would the MOU be something as simple as the deal being binding if the books are valid, or would it likely be far more complicated than that?

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Well it is in the middle of a huge immigrant region stretching to Bradford, Oldham and Preston who might now cultivate a little more interest in proceedings.

btw imo Ewood might have been better built on the redundant runways at BAC or near Walton Summit in 1992 in order to have absorbed PNE.

Looks like you LANCASHIRE UTD baby is about to well and truly bite the dust Theno!

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Although Stoke just spent £8m on Jones and are bidding £9m on Rodellaga so I'd say we'd be on par with them.

If you add the wages, which we can't afford without using the £20M for them too, we'll be spending level or two below Stoke.

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Although Stoke just spent £8m on Jones and are bidding £9m on Rodellaga so I'd say we'd be on par with them.

Until the Rovers start making real moves in the market, it is premature to say anything about what space we are going into.

In football £300m can disappear in the twinkling of an eye. I ran a projection costing on the ambitions Mr Syed mentioned yesterday and spent all but £100m of the £300m allocated for 15 years without putting a penny directly into the first team.

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Would the MOU be something as simple as the deal being binding if the books are valid, or would it likely be far more complicated than that?

An MOU can cover anything you want to have an understanding about. It could range from two paragraphs outlining what I posted above which is in the public domain to having as appendices the full contracts of sale and employment, binding undertakings and account details where funds are held in escrow.

We simply don't know and calling it an MOU is an elegant way of keeping everybody guessing and avoiding expectations and assumptions from spiralling out of control.

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If the figure of 100m over five years for transfers is correct then that is reasonably modest as far as current trends go, a bit more than the likes of Wolves and Stoke and in no way represents a Man City style splurge.

The only thing is that most of that 100m might have to be spent up front to redress the weaknesses in the squad and compensate for the lack of investment over the last few years.

Our urgent need is obviously for a top quality striker and creative midfielder. Real top quality in those positions could easily cost 30 - 40m alone. Once that's done, and we hopefully don't have to worry about relegation, if we're to challenge teams in and around the Europa spots you could easily argue we would need another striker specialist LB and more threat from both flanks. There's 100m gone straight away I would wager.

I'd love Warnock back btw. And I do think a marquis signing would be an excellent idea whether it be someone like a Torres or a purely ceremonial one like a Beckham.

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Until the Rovers start making real moves in the market, it is premature to say anything about what space we are going into.

In football £300m can disappear in the twinkling of an eye.

True..Lets hope it doesn't go down faster than a bucket of chicken in Sam's house would.

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Well done- what is waggy doing in Moscow or should we not ask??

Re Paul Plunkett's comment, I haven't seen what he wrote but I am not aware of any change to:

- Rovers can talk to anyone,

- But nobody can buy Rovers within the next four weeks except WGA,

- WGA also have an exclusive on doing due diligence so nobody else can access anything not already in their posession (through NDA for example) or in the public domain,

- and an MOU has been signed by both parties but what they have reached understanding about is not something for prying eyes.

Plunketts message to me on twitter

yes signed, but not exclusive. It means Shah can look at the books too

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I'm very encouraged after listening to Syed's comments the last 24 hours or so.

It should be apparent that the guy is rich enough to have bought other more glamorous clubs that are up for sale like Liverpool. He hasn't. His main drive seems to be the challenge in taking an undervalued team such as Blackburn and turning them around. Making money would appear to be a secondary concern. Is this a bad thing? It's effectively ChampMan, I don't see it as that questionable at all.

If after 15 years he's done a good job, Rovers will be an established financially secure Premiership club that is debt free and probably worth more than the reported £25m asking price. It's hardly the most unfeasible proposition.

That there is a long term plan in the first place would indicate that the guy has his head screwed on and isn't going to build a 45K stadium to sit there empty or blow £300m on mercenaries in the first year. I would take figures about stadium size and team investment as no more than aspirational fuzzy targets at this point. Just because he said he would like to increase the capacity to 45K doesn't mean he's just going to do it if after getting down to the knitty gritty it isn't what's required.

As far as the premiership goes, it feels to me like there are 8 decent teams of wildly varying ability and 12 average to poor ones. If anything bears that out is last year where in any other season, West Ham would have gone down. Presently Rovers are towards the average end of that scale but equally I don't see why £100m over a few years couldn't see us get up into the upper group. Goodness knows what a decent creative midfielder and partner for Niko would do for us as it is.

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Well done- what is waggy doing in Moscow or should we not ask??

It's using any geo-location tech, it's relying on people to be honest about where that are, there may be an error of margin for the odd person who thinks it's funny to put in a comedy location.

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Iceman, how come there's no tag in S.A.??

:unsure: , what is it about? :blush:

There is an Iceland on there :lol: , but to answer your question, perhaps nobody has heard of South Africa ;)

It's using any geo-location tech, it's relying on people to be honest about where that are, there may be an error of margin for the odd person who thinks it's funny to put in a comedy location.

How do i get onto this Glenn? Dont BRFCS recognise SA as a country? :P

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:unsure: , what is it about? :blush:

There is an Iceland on there :lol: , but to answer your question, perhaps nobody has heard of South Africa ;)

How do i get onto this Glenn? Dont BRFCS recognise SA as a country? :P

It's all powered by Google Maps, the limitations are theirs, however

If your country is not supported to street level, simply enter the town and country (ie Oslo, Norway)

I just moved myself to "Port Elizabeth, South Africa" and it worked fine ... we should probably move all member map stuff to "Ask Admin", rather than side track this thread
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I cant help but think the stadium expansion and the proposed ideas of redevelopment of the Ewood area could be part of the marketing plan. Bolton use the Reebok which is of a smaller capacity than Ewood yet is able to host concerts, fights, darts etc because of the facillities they have. Improve the facillities, increase the capacity and encourage the rail link and maybe there is a possibility of attracting these things to Blackburn however for this the rail link would be essential.

Maybe this is a bit much for Blackburn but I would be highly suprised if they haven't looked into the idea especially if they are considering expanding the stadium because 45k capacity is imo a bit far fetched.

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Someone pinch me.

I spent so long being so hacked off at seeing us fall behind other premiership clubs, with seemingly litle to no chance of being taken over, that I used an extremely negative attitude towards our chances of every being sold, and ever having anything more than the proverbial two pfennings to rub together as a defence mechanism not to get my hopes up. To now be told that we will (all being well) soon have a massive ali baba's cave of moolah on tap, it's surreal, but a very very nice feeling. But very difficult to take in. Like a coal miner in Bansley winning the pools, the lottery, the Euro lottery and having free use of Abbey Clancy all in one weekend.

Bizarre!

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