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reveldevil

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  1. Like
    reveldevil got a reaction from RamsFan10 in Mel Morris to put the club up for sale SHOULD Derby fail to win promotion....   
    Mel owns the service company or Sevco for short, which he lends money to, interest free as far as anyone can tell.
    Sevco, which is a separate legal entity from Mel, then purchases shares in the football club, which again is a separate legal entity, rather than lending it money.
    The advantages of such a structure are two fold.
    1. The club remains debt free, all money received from the parent company is investment rather than loans.
     
    2. Under FFP, you can lose around £13m per year on a 3yr cycle and remain compliant, but only if that loss is covered by cold hard cash, rather than loans.
    If you do use loans, then the maximum permitted loss is £5m per year, £24m less over a three year period.
    Certain expenditure is excluded from FFP calculation though, including the academy and the infrastructure.
    Hard to be certain, but running a Cat 1 academy seems to come in somewhere around £5m per year according to figures I've seen elsewhere, plus improvements to the training ground and improvements at PP like concourse heating, the SisGrass pitch etc etc and you'll probably be looking at £20m a year over and above income, which Mel is currently covering without loading debt onto the club itself.
    He's been brilliant financially for us, and the way he's funded us with little strings on his investment is laudable, but it's just not sustainable.
    He's probably burned through a quarter of his total worth in 5 yrs, a value he's worked hard all his life to achieve, yet we're no further forward than when he took over!
    I still don't think he'd sell to any Tom, Dick or Harry, and will put the club before his own interests, but it's seems like the best he'll do from a deal now is someone funding the club going forward in exchange for equity share, much how he took over from the Americans.
  2. Like
    reveldevil got a reaction from angieram in Mel Morris to put the club up for sale SHOULD Derby fail to win promotion....   
    Mel owns the service company or Sevco for short, which he lends money to, interest free as far as anyone can tell.
    Sevco, which is a separate legal entity from Mel, then purchases shares in the football club, which again is a separate legal entity, rather than lending it money.
    The advantages of such a structure are two fold.
    1. The club remains debt free, all money received from the parent company is investment rather than loans.
     
    2. Under FFP, you can lose around £13m per year on a 3yr cycle and remain compliant, but only if that loss is covered by cold hard cash, rather than loans.
    If you do use loans, then the maximum permitted loss is £5m per year, £24m less over a three year period.
    Certain expenditure is excluded from FFP calculation though, including the academy and the infrastructure.
    Hard to be certain, but running a Cat 1 academy seems to come in somewhere around £5m per year according to figures I've seen elsewhere, plus improvements to the training ground and improvements at PP like concourse heating, the SisGrass pitch etc etc and you'll probably be looking at £20m a year over and above income, which Mel is currently covering without loading debt onto the club itself.
    He's been brilliant financially for us, and the way he's funded us with little strings on his investment is laudable, but it's just not sustainable.
    He's probably burned through a quarter of his total worth in 5 yrs, a value he's worked hard all his life to achieve, yet we're no further forward than when he took over!
    I still don't think he'd sell to any Tom, Dick or Harry, and will put the club before his own interests, but it's seems like the best he'll do from a deal now is someone funding the club going forward in exchange for equity share, much how he took over from the Americans.
  3. Like
    reveldevil got a reaction from cosmic in Mel Morris to put the club up for sale SHOULD Derby fail to win promotion....   
    Mel owns the service company or Sevco for short, which he lends money to, interest free as far as anyone can tell.
    Sevco, which is a separate legal entity from Mel, then purchases shares in the football club, which again is a separate legal entity, rather than lending it money.
    The advantages of such a structure are two fold.
    1. The club remains debt free, all money received from the parent company is investment rather than loans.
     
    2. Under FFP, you can lose around £13m per year on a 3yr cycle and remain compliant, but only if that loss is covered by cold hard cash, rather than loans.
    If you do use loans, then the maximum permitted loss is £5m per year, £24m less over a three year period.
    Certain expenditure is excluded from FFP calculation though, including the academy and the infrastructure.
    Hard to be certain, but running a Cat 1 academy seems to come in somewhere around £5m per year according to figures I've seen elsewhere, plus improvements to the training ground and improvements at PP like concourse heating, the SisGrass pitch etc etc and you'll probably be looking at £20m a year over and above income, which Mel is currently covering without loading debt onto the club itself.
    He's been brilliant financially for us, and the way he's funded us with little strings on his investment is laudable, but it's just not sustainable.
    He's probably burned through a quarter of his total worth in 5 yrs, a value he's worked hard all his life to achieve, yet we're no further forward than when he took over!
    I still don't think he'd sell to any Tom, Dick or Harry, and will put the club before his own interests, but it's seems like the best he'll do from a deal now is someone funding the club going forward in exchange for equity share, much how he took over from the Americans.
  4. Like
    reveldevil got a reaction from 86 points in Mel Morris to put the club up for sale SHOULD Derby fail to win promotion....   
    Mel owns the service company or Sevco for short, which he lends money to, interest free as far as anyone can tell.
    Sevco, which is a separate legal entity from Mel, then purchases shares in the football club, which again is a separate legal entity, rather than lending it money.
    The advantages of such a structure are two fold.
    1. The club remains debt free, all money received from the parent company is investment rather than loans.
     
    2. Under FFP, you can lose around £13m per year on a 3yr cycle and remain compliant, but only if that loss is covered by cold hard cash, rather than loans.
    If you do use loans, then the maximum permitted loss is £5m per year, £24m less over a three year period.
    Certain expenditure is excluded from FFP calculation though, including the academy and the infrastructure.
    Hard to be certain, but running a Cat 1 academy seems to come in somewhere around £5m per year according to figures I've seen elsewhere, plus improvements to the training ground and improvements at PP like concourse heating, the SisGrass pitch etc etc and you'll probably be looking at £20m a year over and above income, which Mel is currently covering without loading debt onto the club itself.
    He's been brilliant financially for us, and the way he's funded us with little strings on his investment is laudable, but it's just not sustainable.
    He's probably burned through a quarter of his total worth in 5 yrs, a value he's worked hard all his life to achieve, yet we're no further forward than when he took over!
    I still don't think he'd sell to any Tom, Dick or Harry, and will put the club before his own interests, but it's seems like the best he'll do from a deal now is someone funding the club going forward in exchange for equity share, much how he took over from the Americans.
  5. Like
    reveldevil got a reaction from Carnero in Mel Morris to put the club up for sale SHOULD Derby fail to win promotion....   
    Mel owns the service company or Sevco for short, which he lends money to, interest free as far as anyone can tell.
    Sevco, which is a separate legal entity from Mel, then purchases shares in the football club, which again is a separate legal entity, rather than lending it money.
    The advantages of such a structure are two fold.
    1. The club remains debt free, all money received from the parent company is investment rather than loans.
     
    2. Under FFP, you can lose around £13m per year on a 3yr cycle and remain compliant, but only if that loss is covered by cold hard cash, rather than loans.
    If you do use loans, then the maximum permitted loss is £5m per year, £24m less over a three year period.
    Certain expenditure is excluded from FFP calculation though, including the academy and the infrastructure.
    Hard to be certain, but running a Cat 1 academy seems to come in somewhere around £5m per year according to figures I've seen elsewhere, plus improvements to the training ground and improvements at PP like concourse heating, the SisGrass pitch etc etc and you'll probably be looking at £20m a year over and above income, which Mel is currently covering without loading debt onto the club itself.
    He's been brilliant financially for us, and the way he's funded us with little strings on his investment is laudable, but it's just not sustainable.
    He's probably burned through a quarter of his total worth in 5 yrs, a value he's worked hard all his life to achieve, yet we're no further forward than when he took over!
    I still don't think he'd sell to any Tom, Dick or Harry, and will put the club before his own interests, but it's seems like the best he'll do from a deal now is someone funding the club going forward in exchange for equity share, much how he took over from the Americans.
  6. Like
    reveldevil got a reaction from TigerTedd in Other Fans Forums   
    Not much of an incentive to win the semi!
  7. Like
    reveldevil got a reaction from 1967Ram in Mel Morris to put the club up for sale SHOULD Derby fail to win promotion....   
    I know for a fact Mel didn't watch the pre season games under Pearson. 
    If he had, Pearson would have been gone a lot quicker than even his mercifully short reign.
  8. Haha
    reveldevil got a reaction from StringerBell in Most Famous   
    I once had a server in Budapest ask me what football I was watching. 
    I told him Derby County, and he got very excited.
    Turns out he worked in Manchester for 3 years, and everyone there loved the Manchester Derby!
    Being English, I left him a decent tip and didn't correct him.
  9. Haha
    reveldevil got a reaction from sage in Random stuff that people do that annoy me   
    People who peer over from the next urinal, and remark on the remarkable length, and indeed girth, of my member, sometimes offering assistance in keeping it clear of the porcelain, forcing me into a cubicle if at all possible.
     
     
     
  10. Like
    reveldevil reacted to Ambitious in Depression, anxiety, stress and other related issues   
    It was hard to read, that. I've been on here for my entire adult life almost and have always respected you as a poster & person. 
    I'm not the best person to give advice in these situations, but I can say that I've struggled at times due to extenuating circumstances and often do partake in 'self destructive' behaviour which has had serious consequences in the past. iThe one thing that helps me and gets me through these periods is that I remind myself that feelings - good & bad - are absolutely and utterly fickle. The forced focus on 'positive' things, for me, made things worse. I would think about family, for example, but it would come with an overwhelming sense of letting them down. It just gave me another stick to beat myself. The clarity of almost training my mind to remind myself that every feeling and situation that I have ever had and will ever have will ultimately change, sometimes quickly and sometimes not so quickly, but it will change. 
    People are different; people react differently in situations and there is no perfect solution - I just hope you find whats right for you! 
  11. Sad
    reveldevil got a reaction from Ambitious in Depression, anxiety, stress and other related issues   
    Struggling.
    Deliberately taking a hammer to long standing relationships, ignoring my family, drinking far too much.
    I know I'm doing it, but I'm not sure I care.
    I don't think it's mental either, just who I am.
  12. Like
    reveldevil reacted to mozza in Depression, anxiety, stress and other related issues   
    You're one of the main reasons i love being on this website,  i'm sorry you're going through a rough patch, rev, there's a lot of good people on here rooting for you mate. Stay strong bud.
     
  13. Like
    reveldevil reacted to Moist One in Depression, anxiety, stress and other related issues   
    I went though exactly this end of November and into December. I was aware it was happening, and just needed the time to pass and things to fall into their place. I deleted all social media, logged out of everything, didn't speak to anyone. Turned my mobile off, and bizarrely bought some pencils, crayons, geometry stuff and a pad, and doodled nonsense with music on. Eventually, my mind switched back on. I cannot explain it right now. But I was literally not bothered about anyone except my mum and gran for about 3 weeks. I then felt guilt when I realised how worried people had been cos of me, but I was not apologetic. I was very teary though and couldn't express what I was going through.
    If you're going through similar, I can feel your pain. It makes no sense does it.
  14. Sad
    reveldevil got a reaction from BurtonRam7 in Depression, anxiety, stress and other related issues   
    Struggling.
    Deliberately taking a hammer to long standing relationships, ignoring my family, drinking far too much.
    I know I'm doing it, but I'm not sure I care.
    I don't think it's mental either, just who I am.
  15. Like
    reveldevil reacted to Ramslad1992 in Depression, anxiety, stress and other related issues   
    The drinking never helps... but it will get better mate, always here for a chat if you need it 👍.
  16. Sad
    reveldevil got a reaction from Norman in Depression, anxiety, stress and other related issues   
    Struggling.
    Deliberately taking a hammer to long standing relationships, ignoring my family, drinking far too much.
    I know I'm doing it, but I'm not sure I care.
    I don't think it's mental either, just who I am.
  17. Haha
    reveldevil got a reaction from cosmic in Most Famous   
    I once had a server in Budapest ask me what football I was watching. 
    I told him Derby County, and he got very excited.
    Turns out he worked in Manchester for 3 years, and everyone there loved the Manchester Derby!
    Being English, I left him a decent tip and didn't correct him.
  18. Sad
    reveldevil got a reaction from Gap tooth ram in Depression, anxiety, stress and other related issues   
    Struggling.
    Deliberately taking a hammer to long standing relationships, ignoring my family, drinking far too much.
    I know I'm doing it, but I'm not sure I care.
    I don't think it's mental either, just who I am.
  19. Like
    reveldevil reacted to 86 points in Depression, anxiety, stress and other related issues   
    It's hard to get a handle on who people really are without actually meeting them but you definitely don't come across how you (currently) view yourself. Folk like the man you describe don't have families or longstanding friendships to 'take a hammer to' so most likely this is rooted in something other than just who you are. I'd try talking to someone. There could be all manner of reasons why you're feeling off-kilter right now other than those you've assumed. Hope you feel better soon in any case mate and sorry if this all sounds a tad pithy, but I didn't want to leave your post unanswered. 
  20. Like
    reveldevil reacted to Paul71 in Depression, anxiety, stress and other related issues   
    Hard to respond with anything meaningful, i do know how you feel, i was so low a year or so ago.
    It wont be who you are I am sure of it, there has to be a trigger for your feelings somewhere even if you arent sure what it is.
    Dont be afraid to go talk to your GP, best thing i ever did almost breaking down in front of mine, a massive weight off my shoulders someone taking time to help me rather than those that say 'sort yourself out'.
     
  21. Like
    reveldevil reacted to Moist One in Depression, anxiety, stress and other related issues   
    this sadden me revel, not least because as meaningless as it is to you, you've been my favourite poster on this forum for a good few years now, and when I've been really low, many of your posts have made me smile.
    I can't answer for your issues, but awareness, as I am consistently convinced,  is the start of a recovery. and alcohol is the fuel for lots of misery, especially if it's chemically enhanced lagers brewed in the UK (such as Stella).
    I imagine if you can sustain a couple of weeks off the drink, even if you're not a big drinker, and replace it with something rewarding, like cycling or jogging, or even reading a book or two, I would wager a massive swing in mentality.
    Again, I know things are easier said than done. I just hope that you can get yourself right before you do anything you cannot repair.
    If you need to vent, feel free to PM me mate. I know you probably won't, but the offer, and the respect is and always will be there pal.
  22. Like
    reveldevil got a reaction from froggg in What are you eating tonight   
    Prawn and chickpea Jumble, with Minty Bulgar.

     
    duck this, I'm going for pie, mash and beans tomorrow!
    Gravy too.
     
  23. Clap
    reveldevil got a reaction from King Kevin in Most Famous   
    I once had a server in Budapest ask me what football I was watching. 
    I told him Derby County, and he got very excited.
    Turns out he worked in Manchester for 3 years, and everyone there loved the Manchester Derby!
    Being English, I left him a decent tip and didn't correct him.
  24. Like
    reveldevil reacted to Anag Ram in London Marathon   
    OMG I'm feeling old!
    Stark realisation of the task ahead today. We did 18 miles for the first time. Windy and hilly. One half mile stretch rose 286 feet. 
    I was completely shattered at the end but that's to be expected I guess when you run further than ever before.
    Son-in-law kept me going and the smile from titch was worth it alone.

  25. Like
    reveldevil reacted to HantsRam in Mel Morris to put the club up for sale SHOULD Derby fail to win promotion....   
    If you Google Keith wyness derby county there are a few links.
    The Birmingham mail is fairly typical in stitching together lines from previous stories and adding a dollop of plausible speculation. 
     
    So we've got.....
    - mel's had a disagreement with the efl over TV deals => mel is believed to be disillusioned with football 
    - dcfc losing £3m per month => mel believed to be looking to sell if we don't get promoted 
    - Keith wyness bought several investors to Tony xia at villa => American invesor interest believed to have been introduced already 
    So it looks as though mel has decided that the current business model is not sustainable but where we might end up is complete guesswork. 
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