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RammingStone66

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  1. Haha
    RammingStone66 reacted to curb in The Administration Thread   
    Nowt like Derby fans to wait 2 years for someone to save the club and decide they don’t want him cause they feel hurt that he ‘snubbed us’ but came back in.
     
  2. Clap
    RammingStone66 reacted to RadioactiveWaste in Kirchner- A risk or a potential reward   
    I'll put it this way, no one sane wanted to buy us before administration.
    After administration, what you're buying isn't better, but possibly cheaper.
    cK, Ashley, Appleby, Binnies all were intersted as a low ball bargain club, which has been difficult as the debts are so high.
    I think cK actually wants to buy us. Appleby and the binnies had clearly fixed ideas about what we were worth buying at, and it's that or not.
    Ashley, disaster capitalist that he is, i don't think really wants to buy us, i think he just got a tingling for screwing over creditors which is really what gets him off. Ashley undoubtedly has the money to make a success of DCFC but he'd only put his money up after everything has fallen apart and it's basically whater he offers or immediate liquidation, which may well be less the cK is offering, even if Ashley is putting about that he'd give more than cK at the moment, because at the moment, Ashley isn't putting his offer down. Mike Ashley is skilled and ruthless in dealing with aquiring insolvent business - it'd be painfull in the extream before anything got better for us as fans, and i'd dread to think if I were an employee as MA took over.
    So I'm guardedly hopefull about cK, resigned to starting on -15 next season and relegation this season. But we will go on. There's going to be some hard grind ahead, but we'll get through it.
    A Mel Morris is a *redacted*
  3. Like
    RammingStone66 got a reaction from r_wilcockson in The Administration Thread   
    And he has the potential to be worth a lot more than Mel too. Hopefully Slync grows and so does the club.
  4. Like
    RammingStone66 got a reaction from IslandExile in The Administration Thread   
    And he has the potential to be worth a lot more than Mel too. Hopefully Slync grows and so does the club.
  5. Like
    RammingStone66 got a reaction from Rammy03 in The Administration Thread   
    And he has the potential to be worth a lot more than Mel too. Hopefully Slync grows and so does the club.
  6. Like
    RammingStone66 got a reaction from BramcoteRam84 in The Administration Thread   
    And he has the potential to be worth a lot more than Mel too. Hopefully Slync grows and so does the club.
  7. Clap
    RammingStone66 reacted to BramcoteRam84 in The Administration Thread   
    Yeah a bit wide of the mark. 
     
    But seriously, the bloke isn’t poor by any stretch and more than has the means to own a football club if he runs it responsibly.
    Slync.io raised $76m from series a and series b funding rounds, from what I’ve read a series b funding round of $7m-$10m indicates a company worth of $30-$60m so about 3x-6x the funding amount. Therefore applying the same logic slync.io is worth between $230m-$450m. That’s it’s worth now. They raised $60m from Goldman Sachs, they wouldn’t invest that unless Slync had serious growth potential. That’s before we even get to whatever he has in crypto, property or family wealth. Sure he probably isn’t a billionaire, he may not be worth as much as Mel but he’s probably not that far off.
     
    I think we can say he isn’t Erik Alonso Mark 2. 
  8. Clap
    RammingStone66 reacted to RipleyRich in The Administration Thread   
    That's the way the process works. Its nothing to do with Quantuma.
  9. Clap
    RammingStone66 reacted to LeedsCityRam in The Administration Thread   
    1000% this.
    The biggest myth in football...money buys success. It does eventually if your pockets are deep enough & you can blow everyone else out the water (Chelsea 2004, Man City from 2012). There are much more examples of clubs throwing cash around & going nowhere.
    We need a proper structure with ideally a Director of Football to make consistently smart and shrewd decisions & the club run as a business. The youth model is the most sustainable way forward now that the cheap foreign route is closed...ideally discards from Prem academies like Plange & Ebiowei. We've seen this season how valuable a quality Academy is, its also much cheaper than buying established players both fees & wages.
    Im not at all concerned how rich Kirchner is. The size of this club means we will naturally have greater revenue than most in the EFL. I am concerned about the key appointments he makes on the football side & how the decision making process runs.
  10. Clap
    RammingStone66 got a reaction from FlyBritishMidland in The Administration Thread   
    If this is on morals I'm not sure that horribly exploiting a large group of foreign workers (allegedly) makes MA a saint either ? I worked at his HQ and with MA when he first bought Newcastle. In my opinion the way he treated people was horrific.
    Some entitled rich kid said stupid things on twitter 10 years ago, that does not bother me anywhere near as much. 
  11. Like
    RammingStone66 got a reaction from mrdave85 in The Administration Thread   
  12. Like
    RammingStone66 got a reaction from Ramarena in The Administration Thread   
    If this is on morals I'm not sure that horribly exploiting a large group of foreign workers (allegedly) makes MA a saint either ? I worked at his HQ and with MA when he first bought Newcastle. In my opinion the way he treated people was horrific.
    Some entitled rich kid said stupid things on twitter 10 years ago, that does not bother me anywhere near as much. 
  13. Clap
    RammingStone66 reacted to Phoenix in The Administration Thread   
    Well said. As it says in the Good Book "Let he who is without sin cast the first stone"
  14. Like
    RammingStone66 got a reaction from Andicis in The Administration Thread   
    If this is on morals I'm not sure that horribly exploiting a large group of foreign workers (allegedly) makes MA a saint either ? I worked at his HQ and with MA when he first bought Newcastle. In my opinion the way he treated people was horrific.
    Some entitled rich kid said stupid things on twitter 10 years ago, that does not bother me anywhere near as much. 
  15. Clap
    RammingStone66 got a reaction from vonwright in The Administration Thread   
    If this is on morals I'm not sure that horribly exploiting a large group of foreign workers (allegedly) makes MA a saint either ? I worked at his HQ and with MA when he first bought Newcastle. In my opinion the way he treated people was horrific.
    Some entitled rich kid said stupid things on twitter 10 years ago, that does not bother me anywhere near as much. 
  16. Like
    RammingStone66 got a reaction from David Graham Brown in The Administration Thread   
    If this is on morals I'm not sure that horribly exploiting a large group of foreign workers (allegedly) makes MA a saint either ? I worked at his HQ and with MA when he first bought Newcastle. In my opinion the way he treated people was horrific.
    Some entitled rich kid said stupid things on twitter 10 years ago, that does not bother me anywhere near as much. 
  17. Clap
    RammingStone66 got a reaction from sonofmidnight in The Administration Thread   
    If this is on morals I'm not sure that horribly exploiting a large group of foreign workers (allegedly) makes MA a saint either ? I worked at his HQ and with MA when he first bought Newcastle. In my opinion the way he treated people was horrific.
    Some entitled rich kid said stupid things on twitter 10 years ago, that does not bother me anywhere near as much. 
  18. Clap
    RammingStone66 got a reaction from jimtastic56 in The Administration Thread   
    If this is on morals I'm not sure that horribly exploiting a large group of foreign workers (allegedly) makes MA a saint either ? I worked at his HQ and with MA when he first bought Newcastle. In my opinion the way he treated people was horrific.
    Some entitled rich kid said stupid things on twitter 10 years ago, that does not bother me anywhere near as much. 
  19. Like
    RammingStone66 got a reaction from Miggins in The Administration Thread   
    If this is on morals I'm not sure that horribly exploiting a large group of foreign workers (allegedly) makes MA a saint either ? I worked at his HQ and with MA when he first bought Newcastle. In my opinion the way he treated people was horrific.
    Some entitled rich kid said stupid things on twitter 10 years ago, that does not bother me anywhere near as much. 
  20. Like
    RammingStone66 got a reaction from angieram in The Administration Thread   
    If this is on morals I'm not sure that horribly exploiting a large group of foreign workers (allegedly) makes MA a saint either ? I worked at his HQ and with MA when he first bought Newcastle. In my opinion the way he treated people was horrific.
    Some entitled rich kid said stupid things on twitter 10 years ago, that does not bother me anywhere near as much. 
  21. Like
    RammingStone66 got a reaction from Kathcairns in The Administration Thread   
    If this is on morals I'm not sure that horribly exploiting a large group of foreign workers (allegedly) makes MA a saint either ? I worked at his HQ and with MA when he first bought Newcastle. In my opinion the way he treated people was horrific.
    Some entitled rich kid said stupid things on twitter 10 years ago, that does not bother me anywhere near as much. 
  22. Clap
    RammingStone66 reacted to Ram a lamb a ding dong in The Administration Thread   
    I'm tired of people in society constantly looking to find something to bash folk with. If Twitter was around when I was young and getting pissed down sadlergate, chances are I would have posted many an inappropriate msg.
    Park what's in the oast and crack on ffs.
  23. Clap
    RammingStone66 reacted to Kathcairns in The Administration Thread   
    Agree, i have 3 adult children who im sure said and did things they regretted when young, buts thats how you learn through your mistakes. I am immensely proud of how they have grown up. You cant hold things against what was said when young, its now that counts plus what about some of the disgusting songs that some fans sing at matches, no difference to me.
  24. Clap
    RammingStone66 reacted to ilkleyram in The Administration Thread   
    Probably - and I’m completely guessing - because what Q have actually received is two (let's accept that the statements made about a uk and US group are true) indicative offers for the club plus an ‘expression of interest' from Mike Ashley's team.  
    An indicative offer says two things - 1) this is broadly what we will pay for X, over this timescale and 2) we are interested in buying the club.
    ‘An expession of interest' is just that - we are interested in buying the club. But it contains no firm financial offer.
    From what we know of MA that’s how he works - he takes everything down to the wire to get the best possible deal. He also knows how to manipulate the media and the public/fan view to his best advantage. He knows he’s in a good position. He will be playing us and Q. 
    The other two groups - presuming the UK one is not MA - are taking a similar line, I’m guessing. They have each made an indicative offer which will be subject to conditions which will not meet what Q would ideally like but which get them in the game. But because they are indicative offers they need a lot of discussion and negotiation about what they may mean in practice. Those discussions may, or may not, lead to a formal offer.
    Nowhere in any of the statements have we heard of a formal offer for the club.  My bet is that we haven’t had one as such. Yet. Therefore it is impossible for Q to identify and announce a PB. The NDAs will absolutely prevent them from being any more open about who, why and what than they have been - and clearly they haven’t handled the PR well. They’ve raised expectations and then had hopes dashed; they’ve set timescales and procedures and the 'buyers' have done their own thing.
    It will, probably, go down to the wire. The problem for we fans (and probably Q as well) is when is the wire? Is it when the money runs out? When’s that? Is it after the Cardiff match or the end of May when the season ends or the end of June when contracts finish? Perhaps it’s when the fixtures are due to be announced; maybe it’s when we actually know what division we will be in next year or when the EFL judge when we have or do not have enough money to fulfill next season’s fixtures. There will be a point when something has to give and that’s the moment it will get exciting. It could come before if one of the groups jumps the gun and makes an offer; it could be the moment of liquidation. Timing in acquisitions is all, and can be worth millions of pounds. 

    If I were Q I would be getting irritated by the groups interested. I would be (belatedly) upping my PR game; I would be (very carefully) leaking stories to the press; I would be taking a risk and putting Wayne in front of them directly to emphasise the footballing issues; I would, now, define the end date, the point of liquidation and I would engage the EFL in that strategy. In short I would be increasing the pressure on them to make formal offers and move the process forward, quicker. 
  25. Clap
    RammingStone66 reacted to Caerphilly Ram in Rams v Preston Matchday Thread   
    Ravel the official man of the match according to the stadium announcer, for all the doubts about Ravel he has contributed this season and stepped things up the last couple of months for sure ? 
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