[Archived] Rovers STILL not sold.

[LeChuck]

Could people stop posting those bloody pictures!

[bob fleming]

I would persume maybe Mr Ali is at the meeting via video conferencing?

Anyone know what the setup is likely to be?

Probably over ISDN rather than IP and with a couple of LifeSize Express boxes? To be honest it could be anything and I'd be guessing, which would be fitting for this thread.

[tony gale's mic]

But again how do you KNOW this. I'm not saying they di, I'm saying I don't know whilst you are convinced you know what every member of the trust wants. Even if you are correct, so what? What is your point?

No it wouldn't, simple as that. And why would it be judged on what the trust have done 'in these last few years', why not look at what they have put in (and Jack) throughout their ownership.

Never said they did, building strawmen aganin.

Again so what, you are arguing against a point I never made....

Let me explain this to you, if you read the post you are replying to you'd notice I made no positive statements, I was saying that I don't know but niether to you yet you are the one talking as if you do KNOW.

So how can I be wrong when the only statement I made was about you?

Don't find it hard to believe, I was just answering only2garners point about not believing Syed until the club say something (that being that the club won't say anything)...

No one knows......except TGM who not only knows Jack's will better than his own diary, he has also done pschological tests on all the members of the trust and knows their evil motivations to sell to the first person who flashes £40m in their face.

You're becoming somewhat troll-like, but I'll bite...

I don't KNOW that Barack Obama isn't going to launch a military strike on the UK but I know it's highly unlikely. Why on earth would the Trust demand that any new owner be a billionaire? Why are you even arguing this point, surely it's obvious?

Yes I don't know it for a 100% fact but unless you think there's even a small chance that one of the conditions of the sale is that the owner must have around 20-25 times what the value of the club is worth in their personal bank account, then you essentially agree with me but you're just arguing for the sake of it.

We have someone who did KNOW a fair bit about the process by being quite close to an ex bidder and being well credited by people in the know on here saying there wasn't any special conditions in Jack's will that serious buyers should find difficult to meet. I know you weren't around at the time but I've already said this once, so surely this puts to bed any notion that the buyers would be demanding an investment of £300 million into the club or whatever Syed has promised. Even if rivercider didn't post that, again it would be such an absurd notion that it would be highly unlikely anyway.

You might not have explicitly said that the club needs guarantees on what Syed has been telling the media. However you've been arguing my point that it's highly unlikely they don't need guarantees on these promises. This either means you think there's a good chance that they will need guarantees of £100m on new players, £300m investment into the club and any buyer having a personal wealth of billions....or you're just being a troll and arguing with me for the sake of it.

I suspect it's the latter.

I didn't say the Trust have "evil motivations" did I? Congratulations for putting words into my mouth though, that's always a good tactic.

[67splitscreen]

Ok, then...now the REAL mystery.

How come Kamy has become a deleted member?

Taken up a new post with the Mirror and People..

[Glenn]

Ok, then...now the REAL mystery.

How come Kamy has become a deleted member?

Sadly, for a whole host of reasons Kamy has had to step down and won't be around on the forums or the news any more. A sad day for the site. I'd appreciate it if you could all keep all your theories on why and any other debate about his departure to yourself. An whilst it saddens me greatly, it was done on the best of terms. We'll be ever indebted for his service here over the last few years.

The mods/backroom staff will be trying to provide some level of news in his absence, but if anyone thinks they have the skills and time to attempt to replace him as news editor, please PM me.

[Iceman]

Taken up a new post with the Mirror and People..

oops, post removed

[Sparky Marky]

Pope's new editor for the Vatican Gazzette

[den]

I'm sure I remember you and Theno scoffing at the people who wanted to see the club sold on from the trustees Fife. "other people's money, eh Theno?" wasn't it?

One thing you have NEVER seen me do Den is scoff at the idea of Rovers passing on from the ownership of the Trustees. I have posted many times on the subject, and have always warned against the dangers of selling to unsuitable new owners that have only their own agenda in mind when purchasing. But I submit that that is a not scoffing at all. and is nothing more than wanting to see that (if posssible) Jack's wishes for the long term and conditions (again if any) that he laid down are GENUINELY respected and where possible met by any new owner. That's all..... and it is not scoffing.

Oh, sorry Fife my apologies, I must have been thinking about this post:

Posted 12 August 2010 - 14:14 PM

thenodrog, on 12 August 2010 - 09:54 AM, said:

We have an increasing number of followers who exhibit the spoilt attitudes of cry babies.

If Jack Walker had said circa 1990 that he was going to put enough money into the then lowly and perrenially skint BRFC to rebuild the ground and the team into a proper Premier league outfit with a state of the art training facility and winning a few major trophies on the way as well as enjoying the occasionall foray into europe, but that after 20 years the club had to stand on it's own feet financially we'd all have snatched his bloody hand off.

People whinge about the trust but imo if Jack were alive today he'd have drawn the purse strings together too. Whatever he might have been he was certainly no fool intent on financial suicide.

---------------------------------------------------------------------------------

Fife Rover: 12 August 2010 - 14:18 PM

Absolutely spot on Theno (the whole post).

There really are some people on here that live in cloud cuckoo land. It would be easy to lapse into the "trendy way" and call them all the different varieties of fools known to man, as is the "norm " these days, but I will not allow myself to sink to that level. However what I woud like to put to these people that expect some sort of fairy godmother to wet nurse BRFC through every minute of every season and come up with the finance to pull them out of every unwanted situation is that they are quite simply deluded. All they need to do is ask themselves if they would do that (assuming they had the finances to do it) and for how long would their benevolence continue?

There is nothing easier to do than spend someone elses hard earned eh?

[sparkspakespoke]

Sadly, for a whole host of reasons Kamy has had to step down and won't be around on the forums or the news any more. A sad day for the site. I'd appreciate it if you could all keep all your theories on why and any other debate about his departure to yourself. An whilst it saddens me greatly, it was done on the best of terms. We'll be ever indebted for his service here over the last few years.

Big thanks to Kammy and the good work he has done, not just in the past few weeks but in the years I have been reading the forum.

The mods/backroom staff will be trying to provide some level of news in his absence, but if anyone thinks they have the skills and time to attempt to replace him as news editor, please PM me.

[Fife Rover]

Do you feel the Trust are genuinely respecting Jack's wishes Fife? We seem to be demanding more of a new owner than we're getting right now.

That is the million dollar question 47er. My honest answer is ..... I have no idea; and neither has anyone else outside of the Trustees themselves.

I would certainly hope (and indeed expect) that they are doing so, but nobody outside the Trust's circle of acquaintance can possibly know that. I say this as a direct result of my research into Jersey Trusts and how they are created and administered which I carried out some years ago. And further to this I would say that (before someone else brings it up) not even John Williams can know what the terms and conditions are that Jack set for his Trustees to follow. That is unless he has been given special access to this information by the Trustees.

As far as the rest of us are concerned all we can do is speculate and try to interpret in our own way the limited information that was released to the public regarding Jack's plans and wishes for the future of the club shortly after his death.

[philipl]

Do you feel the Trust are genuinely respecting Jack's wishes Fife? We seem to be demanding more of a new owner than we're getting right now.

Remember that when Rovers were put on sale, the Trust came out publicly with the rationale that they were looking for someone who could secure and support the Rovers in the new economy of Premier League football better than they are able to.

There is a poster on here saying that the way the Trust is set-up, effectively the Trust cannot sell the Rovers. I wouldn't go that far but I am pretty certain the hurdles the Trust have to jump to enable them to part with the Rovers are very high indeed.

Can anyone seriously imagine Jack would do otherwise???

With regards to the very odd posts from TGM.

1) If someone says they are worth $8bn, then you ask them to prove it and show it is clean. If they cannot prove it, what else is untrue? Quite rightly the integrity of Ali Syed is being challenged so that has to be the first litmus test; is what he says himself true? Goldbergisms are important but secondary.

2) The Trust weighs in at several hundred millions itself yet funding a Premier League habit is getting too much for it. I have always said Rovers is a minimum £100m+ and realistically £200m+ job for whoever takes it on and to have that sort of "willing to lose" cash automatically puts the ideal owner into the billionaire category. Getting one seriously interested is beyond all expectations, having two (apparently) is dreamland.

3) In the final analysis, Timmyjimmy's post is absolutely spot on. This is about the spirit and soul of Blackburn Rovers and on that basis we have three serious bidders.

[MikeB]

Sadly, for a whole host of reasons Kamy has had to step down and won't be around on the forums or the news any more. A sad day for the site. I'd appreciate it if you could all keep all your theories on why and any other debate about his departure to yourself. An whilst it saddens me greatly, it was done on the best of terms. We'll be ever indebted for his service here over the last few years.

The mods/backroom staff will be trying to provide some level of news in his absence, but if anyone thinks they have the skills and time to attempt to replace him as news editor, please PM me.

Very sad, will be missed - talked sense and, IMO, had the best interests of all this site's members at heart.

Unfortunately, I smell as rat and leaves a nasty taste.

[Wolverine]

One way or another, the sooner this saga is over now the better.

[tony gale's mic]

Remember that when Rovers were put on sale, the Trust came out publicly with the rationale that they were looking for someone who could secure and support the Rovers in the new economy of Premier League football better than they are able to.

There is a poster on here saying that the way the Trust is set-up, effectively the Trust cannot sell the Rovers. I wouldn't go that far but I am pretty certain the hurdles the Trust have to jump to enable them to part with the Rovers are very high indeed.

Can anyone seriously imagine Jack would do otherwise???

With regards to the very odd posts from TGM.

1) If someone says they are worth $8bn, then you ask them to prove it and show it is clean. If they cannot prove it, what else is untrue? Quite rightly the integrity of Ali Syed is being challenged so that has to be the first litmus test; is what he says himself true? Goldbergisms are important but secondary.

2) The Trust weighs in at several hundred millions itself yet funding a Premier League habit is getting too much for it. I have always said Rovers is a minimum £100m+ and realistically £200m+ job for whoever takes it on and to have that sort of "willing to lose" cash automatically puts the ideal owner into the billionaire category. Getting one seriously interested is beyond all expectations, having two (apparently) is dreamland.

3) In the final analysis, Timmyjimmy's post is absolutely spot on. This is about the spirit and soul of Blackburn Rovers and on that basis we have three serious bidders.

1. Okay so you think if Ali Syed can prove he has access to funds to buy the club and the capability to keep it afloat but can't prove he's worth £8 billion he won't be given control of the club, even if no better options were available. I personally think this is unlikely and if he was the sole bidder whether he's worth billions or not would not be an issue; being able to buy the club and not being an obvious asset stripper would be the main priorities still. To be honest though neither of us know this for certain unless we're the Trust.

2. Not true. If Peter Coates abandoned Stoke and came knocking I think we'd welcome him with open arms. He's currently worth around £200 million. It all depends on how many other business interests the potential owner has (in the Trust's case many), the level of passion for the club the potential owner has and how much they're willing to stake...your claim that any buyer must be a billionaire is something which is entirely in your own head. Carson Yeung has provided a lot in transfer fees these last few years - net worth £150 million. Eddie Davies - again Bolton can afford more than us these days - net worth £65 million. Of course the ideal owner would be worth billions but that's hardly the point.

[S15]

Now Kamy has gone I guess you could say that this thread has zero credibility.

[rebelmswar]

1. Okay so you think if Ali Syed can prove he has access to funds to buy the club and the capability to keep it afloat but can't prove he's worth £8 billion he won't be given control of the club, even if no better options were available. I personally think this is unlikely and if he was the sole bidder whether he's worth billions or not would not be an issue; being able to buy the club and not being an obvious asset stripper would be the main priorities still. To be honest though neither of us know this for certain unless we're the Trust.

I think he has proved this to the relevant people. And how could we be further asset stripped? Unless we start dismantling the stands and selling the metal for scrap, I don't see how much further we can rob Peter to pay Paul. Guess the land could be sold off, but would that justify the amount of money he would have to buy the club for?

2. Not true. If Peter Coates abandoned Stoke and came knocking I think we'd welcome him with open arms. He's currently worth around £200 million. It all depends on how many other business interests the potential owner has (in the Trust's case many), the level of passion for the club the potential owner has and how much they're willing to stake...your claim that any buyer must be a billionaire is something which is entirely in your own head. Carson Yeung has provided a lot in transfer fees these last few years - net worth £150 million. Eddie Davies - again Bolton can afford more than us these days - net worth £65 million. Of course the ideal owner would be worth billions but that's hardly the point.

And we don't know if Mr. Ali would be like this or not either. He certainly has a "passion," or says he does.

[booth]

Sorry to see that Kamy has gone, seemed like a decent guy and has really contributed to this site

[tonyoz]

1. Okay so you think if Ali Syed can prove he has access to funds to buy the club and the capability to keep it afloat but can't prove he's worth £8 billion he won't be given control of the club, even if no better options were available. I personally think this is unlikely and if he was the sole bidder whether he's worth billions or not would not be an issue; being able to buy the club and not being an obvious asset stripper would be the main priorities still. To be honest though neither of us know this for certain unless we're the Trust.

I reckon that if you tell everyone that you have 8-9 billion pounds at your disposal and then this turns out not to be true - you are finished as far as Rovers is concerned. At least I hope that would be the case.

Anyway, I think Ali does have access to big funds.......he just has to prove that they are all above board.

[tony gale's mic]

I think he has proved this to the relevant people. And how could we be further asset stripped? Unless we start dismantling the stands and selling the metal for scrap, I don't see how much further we can rob Peter to pay Paul. Guess the land could be sold off, but would that justify the amount of money he would have to buy the club for?

And we don't know if Mr. Ali would be like this or not either. He certainly has a "passion," or says he does.

Fair enough, if you believe the Trust requires someone who is looking to buy an £40 million club which has been run reasonably successfully with zero investment over the last few years (but which sooner or later would need/benefit from £5-10m investment per season) to prove they're a billionaire.

As other clubs have proven, and contrary to philipl has said, you don't need to be a billionaire to buy Blackburn Rovers. Not even close. It's possible to provide £15m per season in transfer fees and be worth a small fraction of that.

This is the fundamental reason why, although I think Syed has the capabilities to buy the club, I still doubt his "billionaire" claims despite the Trust getting so far with him.

[Steve Moss]

Too bad about Kamy. He was a voice of reason, in addition to being a source of information.

[rebelmswar]

Fair enough, if you believe the Trust requires someone who is looking to buy an £40 million club which has been run reasonably successfully with zero investment over the last few years (but which sooner or later would need/benefit from £5-10m investment per season) to prove they're a billionaire.

As other clubs have proven, and contrary to philipl has said, you don't need to be a billionaire to buy Blackburn Rovers. Not even close. It's possible to provide £15m per season in transfer fees and be worth a small fraction of that.

This is the fundamental reason why, although I think Syed has the capabilities to buy the club, I still doubt his "billionaire" claims despite the Trust getting so far with him.

Thought the board would kick him out on his ass if it turned out he was telling porkies, sorry lambies.

Regardless, I know very well that we don't need a billionaire to buy us, we don't have one now right? Oh, that's not a good analogy.

... whilst it would be nice to have a billionaire, it is not necessary - it would nice to have an owner who throws in a few quid now and again.

[tonyoz]

Fair enough, if you believe the Trust requires someone who is looking to buy an £40 million club which has been run reasonably successfully with zero investment over the last few years (but which sooner or later would need/benefit from £5-10m investment per season) to prove they're a billionaire.

As other clubs have proven, and contrary to philipl has said, you don't need to be a billionaire to buy Blackburn Rovers. Not even close. It's possible to provide £15m per season in transfer fees and be worth a small fraction of that.

This is the fundamental reason why, although I think Syed has the capabilities to buy the club, I still doubt his "billionaire" claims despite the Trust getting so far with him.

I'm not sure but he has been buying up businesses around the globe...........and he seems to be able to invest 100's of millions in some of them. No wonder the Bahrain government started taking an interest in his activities.

[philipl]

Tgm if you reread your last post in conjunction with mine you will see the words "not true" don't apply.

I think you have got yourself into a bind of arguing for the sake of arguing and missing the points made by others.

On a far more serious note, I am digesting the content of a message I have received. It reveals that even our wonderful club attracts some individuals who are the lowest of the low.

[rebelmswar]

On a far more serious note, I am digesting the content of a message I have received. It reveals that even our wonderful club attracts some individuals who are the lowest of the low.

Mahmoud Ahmadinejad? Hugo Chávez? Goldberg?

I would really like to know, perhaps this will make Mr. Ali's housekeeping look not as damning.

[Guest bluerovers]

The Pope?