Rovers finances

[Bentley Bullet]

True Idler. Who knows, had the deal gone through we might now be a struggling third tier club in decline.................................................HANG ON A MINUTE!

[wilts rover]

Bentley
As none of us were in the room (or are admitting to it) when these discussions were taking place then of course we can only be hypothetical in our discussions here.

So to repeat the question - do you believe TB & DW should have sold their shares in Doncaster Rovers to Sequentia Capital? A 'company' who did not have the money to purchase them outright or fund that purchase without significant borrowing.

[PDX_Rover]

I think if TB and DW, who remember built a highly successful business, thought that the deal was sound, that the money was good and the longer term future of Rovers was in good hands, they would have sold.

It's not inconceivable that the cash was requested up front because there was a suspicion it wasn't because of who was involved. Someone who was disqualified from being a director of a company in his native Ireland... Hardly safe hands...

The lure of hotels and casinos is tasty when you look at the potential moolah there.

Just as OBV was prime property, except that gosh darn covenant.

[acko]

I think the owners are prepared to sell if an offer came up after all they was prepared to sell to sequenta and also to ryan andLT,it doesn't strike me as they intend to be in for the long haul maybe why they wont spend anything,but are the rovers a viable proposition to buy now with a rugby team and the laughable club Doncaster in tow.

[wilts rover]

We could have been Bournmouth - or we could have been Blackpool? You takes your choice.

What is true is that all our debt is internal - owed to the directors - so that should some super-rich investor, with more money than sense, decide he/or she wants to purchase a football club then we are a pretty good investment, there is no external debt to pay off. The club is worth and will cost what the directors can get for it, and for that fact alone we should be thankful to the current board.

[PDX_Rover]

Acko, you say exactly the same thing over and over again. Go to the meeting. Ask them face to face. They're not hiding.

[acko]

how many times pdx they sold the company started and built by bramhll snr and his father before him

[acko]

don't worry pdx I will if im allowed,wasnt time before last,but I bet I wont get a straight answer and that will come from baldwin

[Glyn_Wigley]

Why weren't you allowed? I've not heard of anybody being barred from a Meet The Owners night...

[Bentley Bullet]

Bentley
As none of us were in the room (or are admitting to it) when these discussions were taking place then of course we can only be hypothetical in our discussions here.

So to repeat the question - do you believe TB & DW should have sold their shares in Doncaster Rovers to Sequentia Capital? A 'company' who did not have the money to purchase them outright or fund that purchase without significant borrowing.

You are not repeating a question, you are asking me a different one! First you ask me WHY I think TB/DW should have sold to Sequentia (assuming I did), and then you ask me DO I think they should have sold to Sequentia (asking me IF I did)!

Anyway, the answer is no. My gripe is that the reason why the deal didn't go through was because the entire funds weren't available to be paid in a lump sum, and not because the board were concerned about the buyer's intentions.
 

[silent majority]

Possibly they knew that the funds were never going to be there and followed this path to prove it.
I don't know any more than anyone else and am just as frustrated as any other fan.
The problem is we can only comment on how it has panned out.
Nobody can say with any certainty what would have happened had the takeover gone through. Looking at Hull and Blackburn then it could have gone very wrong. Looking at Bournemouth at the minute maybe not so bad.
 Nobody compares us to Wigan or Brighton any more. These were the club's cites 2 or 3 seasons ago, let's look at their position now.

I can. Go and look for that company called Sequentia Capital and tell me what you find! Another company folded just like all the rest of them, they no longer exist.

Think about what would have happened to our club if the current owners had bowed to public pressure and sold to these people.

[silent majority]

Bentley
As none of us were in the room (or are admitting to it) when these discussions were taking place then of course we can only be hypothetical in our discussions here.

So to repeat the question - do you believe TB & DW should have sold their shares in Doncaster Rovers to Sequentia Capital? A 'company' who did not have the money to purchase them outright or fund that purchase without significant borrowing.

You are not repeating a question, you are asking me a different one! First you ask me WHY I think TB/DW should have sold to Sequentia (assuming I did), and then you ask me DO I think they should have sold to Sequentia (asking me IF I did)!

Anyway, the answer is no. My gripe is that the reason why the deal didn't go through was because the entire funds weren't available to be paid in a lump sum, and not because the board were concerned about the buyer's intentions.
 

BB, I've already told you that TB insisted that he wanted to do what was best for the club, not what was best for him, but for the club. If that means evaluating the finances and the people who were the intended purchasers and then making your choice then that seems to be the right decision.

It was never a question of just having the money paid up front.

[PDX_Rover]

how many times pdx they sold the company started and built by bramhll snr and his father before him

Ah I see. So presumably TB and DW did nothing but maintain an already thriving company completely built by their ancestors? No new business, development, expansion, investment, successful ongoing strategy? Wow, they must be the luckiest men alive.

[Bentley Bullet]

SM, this is the type of reporting that I've got information from. Like I've said before I concede to your more informed account of events if the reports are untrue.

http://www.thestar.co.uk/sport/football/doncaster/doncaster-rovers-bramall-ready-to-accept-sequentia-takeover-bid-1-6237028

[idler]

how many times pdx they sold the company started and built by bramhll snr and his father before him

Acko what was the value of the company when they took over the reigns and then the value when they sold it.
Look how many company go tits up when passed on to younger family members.

[Yorkiered]

SM, this is the type of reporting that I've got information from. Like I've said before I concede to your more informed account of events if the reports are untrue.

http://www.thestar.co.uk/sport/football/doncaster/doncaster-rovers-bramall-ready-to-accept-sequentia-takeover-bid-1-6237028

I am sure there will be some people who will knock the Star but the same thing was reported by The Bloomberg organisation in the US.

[silent majority]

SM, this is the type of reporting that I've got information from. Like I've said before I concede to your more informed account of events if the reports are untrue.

http://www.thestar.co.uk/sport/football/doncaster/doncaster-rovers-bramall-ready-to-accept-sequentia-takeover-bid-1-6237028

I would suggest that TB is a very good poker player.

[silent majority]

SM, this is the type of reporting that I've got information from. Like I've said before I concede to your more informed account of events if the reports are untrue.

http://www.thestar.co.uk/sport/football/doncaster/doncaster-rovers-bramall-ready-to-accept-sequentia-takeover-bid-1-6237028

I am sure there will be some people who will knock the Star but the same thing was reported by The Bloomberg organisation in the US.

And I'm sure Bloomberg sat down with TB and discussed the deal.

[PDX_Rover]

Key sentence:“I’m prepared to accept the Sequentia deal in the terms I thought we were discussing,” Bramall said.

[DonnyBazR0ver]

Bloody hell BB. Sometimes you have to call the bluff to really see how serious the bid was. In my view for what it's worth, they made the right decision for the club and us as fans.

TB said at a meet the owners meeting around the time, that they would have to consider offers that would mean serious sums of money being invested that they couldn't match.

I'm sure if we felt the club was being held back because of them blocking a sale, we wouldn't be happy.

By the same token I'm pleased they played a smart game to reveal the Sequentia bid as a false dawn. I'm also happy for them to run the club their way. I'll not use the word you hate.

I believe they do want Championship football, but not in a boom and bust way.

[Yorkiered]

We can go round and round in circles about this. It seems that only a very few people actually know the full details.
Some might imply that they know but at the end of the day it is all conjecture.

[Canadian Rover]

[bpoolrover]

What annoys me is when jr says he was doing what was best for the club it's all lies yet when tb says it the same people think it must be true

[acko]

you mentioned all things they've failed to do  for rovers PDX,INCLUDING INVESTMENT

[IDM]

you mentioned all things they've failed to do  for rovers PDX,INCLUDING INVESTMENT

b*llocks, of course they have invested.

How much and enough, is a matter for seemingly endless debate, but to say they failed to invest is sheer lunacy.

[acko]

come on then IDM don't stop there back it up

[bpoolrover]

They have invested Acko u can see that from the accounts,but saying that I don't think there is any ambition yes they are making sure we have a team to watch,but that's as far as it goes

[IDM]

Back what up?  It's you claiming the owners have failed to invest.

Never mind, my tea is nearly ready.  That's more important.

[acko]

so did JR bpool but people on here have you think it was all TB andDW the difference was the club was on the rise not on decline and although they are happy they might still have a club to support now low down does it after go and how many more supporters will it lose

[acko]

enjoy your tea IDM as for me back on the machine I need to live and be able to post,or would you suggest I turn it off,only joking I hope