Aint the WDP part of the Post? Here it is in the Post... http://www.bristolpost.co.uk/BRISTO...anian-family/story-28763788-detail/story.html Bristol Rovers are at an advanced stage in talks with a Jordanian family interested in making a significant investment in the club, the Bristol Post understands. Rovers have continually made public a desire to attract new investment and recently confirmed that as many as 12 groups of potential investors had expressed interest, which failed to materialise into anything significant. Yet, the Post has learned that Rovers have been in ongoing discussions with the Al-Qadi family, who are significant shareholders in the Arab Jordan Investment Bank (AJIB), for several months and an announcement that a deal has been signed is believed to be imminent. The family, which is considered one of the most influential in Jordan due to their banking and tourism interests, is headed by Abdulkader Al-Qadi, who founded AJIB in 1978. The Post understands that the investment is a "family commitment" but that one of Al-Qadi's three sons, Wael, would take a lead in managing the investment at board level. Currently working as an assistant general manager at AJIB, Wael has a keen interest in football and has held positions at both the Jordan Football Association and the Asian Football Development Project, which was founded by FIFA presidential candidate HRH Prince Ali Bin Al Hussein. He is a keen Chelsea supporter as a result of being schooled in London as a youngster before going on to complete his education in America at firstly, Boston University, and then, Harvard Business School. Several members of the family are expected to be present at the club's annual Valentine's Ball tomorrow night after taking in Rovers' League Two game against Morecambe at the Memorial Stadium on Saturday afternoon.
Now do we believe this? I use the Post a lot on here. But they do have a reputation of taking stuff from the forums. Have they been reading the forums and put 2 and 2 together and come up with this story? Or is this actually happening?
Some info on the family and it's business.... ABDULKADER AL-QADI FAMILY PROMINENT INDIVIDUALS: Abdulkader Abdullah al-Qadi, Chairman of the Arab Jordan Investment Bank PLC (AJIB), Hani Abdulkader al-Qadi, AJIB CEO and General Manager. MAIN SECTORS: Banking and tourism. WHY THEY MATTER: With its takeover of HSBC’s assets in Jordan, AJIB has become a banking force to be reckoned with. Abdulkader Abdullah al-Qadi started his career in Qatar, where he acted as a financial adviser to senior officials. He then came back to Jordan to establish the Arab Jordan Investment Bank (AJIB) in 1978. AJIB has a banking arm based in Qatar, the Arab Jordan Investment Bank (Qatar) L.L.C., which was founded in 2006 to serve clients in the Gulf region. It also has two subsidiaries; the United Arab Jordan Company for Investment and Financial Brokerage and the Arab Advisors Group, a research and consulting company. Abdulkader al-Qadi is a main shareholder with 17.6 percent. His sons—Hani, Samer, and Wael—are also prominent shareholders with combined shares of 13.5 percent. The bank’s growing importance in Jordan’s banking sector is clear with the list of shareholders including the Libyan Foreign Bank (12.79 percent), the Arab Investment Company (10.25 percent), Sheikh Hamad bin Jassim bin Jaber Al Thani (9 percent), and Jordan’s Social Security Corporation (4 percent). AJIB’s investment capabilities have contributed to its growth locally and regionally. A major new $1.2 billion deal to acquire HSBC bank’s assets in Jordan proved the bank is a powerhouse and a force to be reckoned with. Following the agreement, AJIB decided to raise the bank’s capital to JD150 million, from JD100 million. Under the takeover plan, which is due to be completed by May-June of this year, AJIB will take on HSBC’s 36,000 retail and 2,000 corporate customers, as well as most of the bank’s 250 full-time employees. Commenting on the deal, Hani al-Qadi said the acquisition was part of AJIB’s growth strategy, and the business acquired complemented the bank’s existing product line and consolidated its market share in the Jordanian market. Abdulkader al-Qadi and his sons are also major shareholders in the Mediterranean Tourism Investment company which owns the lavish Four Seasons Hotel Amman. Abdulkader al-Qadi is the company’s chairman.
From what I am reading, the current board (Higgs and co) will be staying on at the club. UWE will be built regardless of the courts decision with Sainsburys but it will be a scaled down version.
OOOOOOH AAAAARGH IT'S A JORDANIAN OOOOOOH AAAAARGH IT'S A JORDANIAN OOOOOOH AAAAARGH IT'S A JORDANIAN OOOO..............................................................
Are you on facebook guys? If so you can watch the press conference on the This is Bristol facebook page according to their tweet...
I know NH isn't particularly well thought of on this forum but when this club got relegated to the conference they held their nerve backed an under fire manager in DC and between them they got us back into league 2 at the first attempt, The now defunct forum gave NH in particular and the board in general considerable stick and if they had walked away then we wouldn't be preparing to cheer new investment/ takeover because we wouldn't have a club. I hope if only for the short term that NH stays on and gives the new owners/ investors some guidance about the club we love and support
I know NH isn't particularly well thought of on this forum but when this club got relegated to the conference they held their nerve backed an under fire manager in DC and between them they got us back into league 2 at the first attempt, The now defunct forum gave NH in particular and the board in general considerable stick and if they had walked away then we wouldn't be preparing to cheer new investment/ takeover because we wouldn't have a club. I hope if only for the short term that NH stays on and gives the new owners/ investors some guidance about the club we love and support
He is a gashead and done his best. I dont doubt that. He has paid the bills and kept us going of course. He got UWE planned for us. He also got in the managers who the fans wanted and stuck with DC when he wasnt wanted by quite a lot. Some good points. But the bad points are.... "Relegation is not an option". That was stupid to say that. He openly admitted he didnt plan at all for the cost or relegation. We were doing well in League one when he came. He took us to non league with bad decision making. The good decision to keep DC has paid off thankfully! He failed with the "watertight" contract with Sainsburys. There are many more good and bad points im sure. But im sure he will want to be remembered for bringing us UWE, giving DC the managers job, leaving us debt free while in the process having all his loans paid back to him and im sure made a profit too from selling the club today.
