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td_evans

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  1. It should also be noted that the stadium (owned by Gellaw Newco 202) is essentially mortgaged with Rams Investment (Gabay) having a charge against it. Now you would expect that the stadium was valued before that charge was granted, I wonder what the valuation was.
  2. Now the DET are reporting it, despite the 'Journalist from the Metro' being a fake account using this chaps profile picture: https://twitter.com/baristabrod
  3. My theory here is that we're in the following scenario: - Mel is reluctant to put any more of his own cash - He sourced an investment deal with Duet Group aka Henry Gabay. - Whilst the finer details of that investment were sorted, he negotiated a small scale short-term debt financing deal on the stadium (which he owns) to release some of his own capital and keep the club running until the investment went through. A loan is much easier to negotiate than an investment and it keeps the club running. - For whatever reason the investment has now stalled. So we have a situation where Morris is reluctant to put more of his own money in, he has a loan which needs to be paid secured against the stadium and we still await that investment. Edit: Whilst I was writing this the Telegraph put up their article which somewhat backs this theory.
  4. Yes, the directors left in advance of potential investment. But there has been no new equity investment into the club nor no directors to replace them, and you would expect either Amit Haria or Henry Gabay to be on the board of Directors in the event of an equity investment. The only thing there has been is a charge, which appears to be placed on the stadium and surrounding land. There has been no clarity on what that exactly entails but that's where the Gabay story originated.
  5. It will be announced, perhaps not by the club directly but there will be notification either via a new share issue at Companies House or if it is existing shares being transferred then there will be a change on Companies House to reflect who has 'Significant control'. With a large investment you'd almost certainly want a place on the board too, again which would be visible on Companies House. None of this has happened, yet.
  6. UK companies only show a tiny part of the picture. The bulk of their fund is Hong Kong based. Indeed the company (Duet Group Holdings Limited) who own much of the share capital in Rams Investment Limited and Rams Sports Management Ltd are Hong Kong based.
  7. I was also interested to see Gabay also has a shout-out from 'Pele' (yes, that Pele) his involvement in his autobiography to print. Could we see another ageing striker joining Rooney?
  8. Could be totally unrelated, but I noticed there was a new charge (mortgage) created on the stadium and the surrounding land back in November, with the money fronted by Rams Investment Limited - a new company set-up in October and owned by Swiss hedge fund owner, Henry Gabay.
  9. "A “natural step” in anticipation of potential investment coming into the club." Very interesting. Looking forward to the next Club Statement.
  10. Sounds like Keogh also involved and will miss games with his injuries as a result of the accident.
  11. @TibshelfRamAppendix B Clause 5.2.4 make zero reference to coaches. Only employees. "Subject to Paragraph 5.3, the following are not part of expenditure on Youth Development Activities for the purpose of this requirement:" "costs of employee benefits for employees only partly involved in Youth Development Activities" There is no doubt in my mind that Rooney, assuming he is an employee and plays a single game, then he is only partly involved in youth development. If Derby are using this loophole, then I would expect many legal challenges as the legislation is very specific.
  12. Sorry we don't agree on this and there's been a lot of misinformation on Twitter about it. As we all know. FFP includes pretty much every playing cost, except Youth Development (Appendix B) Under Appendix B, Clause 4, an employee must be "wholly involved in Youth Development Activities" meaning only those working solely as a Youth Coach can have their salary counted as Youth Expenditure. The excluded items (Clause 5) is even more specific on this, this specifically excludes any employee not working full-time on Youth Development from falling within Youth Development Expenditure. As he is only working partly as a Youth Coach, his full salary will count towards FFP. The legislation is perfectly clear on this.
  13. Did you read the legislation? Excluded means it's excluded from the "Expenditure on Youth Development". I.E it's included in the calculation for FFP.
  14. Coaches do count towards FFP. Where are people reading otherwise? The only place where this 'loophole' could work is in League's 1 and 2 where SCMP is in play, and salaries are split 50/50 when they are a player coach.
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