Derby born & bred Posted December 17, 2012 Share Posted December 17, 2012 Saw this on another Derby site and just had to ask here. What debt are we still in and who do we owe what and to who? I saw it said nearly £26 Million, could this be true? I know we have a very good guy in this Ramblur fella on here to tell us so will wait and see what he and the rest of you fans think and know. Link to comment Share on other sites More sharing options...
Animal is a Ram Posted December 17, 2012 Share Posted December 17, 2012 I don't think it's quite that much - could be wrong, but I think we owe ~£10m to GSE in the form of interest fee/very low interest loans? Not so sure, ramblur would be better. Link to comment Share on other sites More sharing options...
Ambitious Posted December 17, 2012 Share Posted December 17, 2012 thought it was 14million to the bank - 7.7million to GSE? Link to comment Share on other sites More sharing options...
curb Posted December 17, 2012 Share Posted December 17, 2012 Oh dear, I can see another 30 page thread coming up! Link to comment Share on other sites More sharing options...
Derby born & bred Posted December 17, 2012 Author Share Posted December 17, 2012 thought it was 14million to the bank - 7.7million to GSE? Well says here ambitious its around £25,500 Million... [url=http://www.thisisderbyshire.co.uk/Rams-reveal-pound-7-7m-loss-annual-accounts/story-15677928-detail/story.html]http://www.thisisderbyshire.co.uk/Rams-reveal-pound-7-7m-loss-annual-accounts/story-15677928-detail/story.html I would love to know the whole in/outs of this how much do we actually owe and to who and who owns what at our club? All I want to know is how much are we in debt and are we goiing to pay it off when and who actually owns us? Sick & tired of having **** loads of owners and dont know who to point the finger at if there is any problems. Link to comment Share on other sites More sharing options...
Derby born & bred Posted December 17, 2012 Author Share Posted December 17, 2012 Oh dear, I can see another 30 page thread coming up! Sorry mate, i guess this has been done to death so if you or the mods want tot ake it off no problem ok. Link to comment Share on other sites More sharing options...
G STAR RAM Posted December 17, 2012 Share Posted December 17, 2012 Long and short of it....nobody knows. The latest figures released only show what was owed at 30 June 2011. What has happened since then is anybodys guess. Although if I remember correctly there was an update on the situation up to March 2012 included in the last accounts. Basically nobody knows anything other than the information you could find by looking on google. Link to comment Share on other sites More sharing options...
Day Posted December 17, 2012 Share Posted December 17, 2012 Still baffles me as a football fan the interest in the bank balance Link to comment Share on other sites More sharing options...
DCFCfranco Posted December 17, 2012 Share Posted December 17, 2012 Still baffles me as a football fan the interest in the bank balance Fans are probably concerned because they dont want to end up like Pompey, Coventry etc. Link to comment Share on other sites More sharing options...
Day Posted December 17, 2012 Share Posted December 17, 2012 Ok, but looking at our transfer activity and attendances I have a feeling we are nowhere near £60m in debt with the taxman banging at the door, nor do we rent Pride Park. Link to comment Share on other sites More sharing options...
Boycie Posted December 17, 2012 Share Posted December 17, 2012 Maybe theres some hidden agendas going off? Link to comment Share on other sites More sharing options...
Boycie Posted December 17, 2012 Share Posted December 17, 2012 Just sayin? Link to comment Share on other sites More sharing options...
Day Posted December 17, 2012 Share Posted December 17, 2012 Wanting GSE out? Hardly anything new, we know there's a billionaire waiting in the wings to turn us into the next Man City Link to comment Share on other sites More sharing options...
Boycie Posted December 17, 2012 Share Posted December 17, 2012 Wanting GSE out? Hardly anything new, we know there's a billionaire waiting in the wings to turn us into the next Man City he had his chance. I've said too much. Link to comment Share on other sites More sharing options...
derbyram1994 Posted December 17, 2012 Share Posted December 17, 2012 Hi all, Stumbled upon this site, its free but it may ask you to sign up which is free and takes about 10 seconds to complete. [url=https://www.duedil.com/company/00049139/the-derby-county-football-club-limited]https://www.duedil.c...ll-club-limited [url=https://www.duedil.com/company/06442121/general-sports-derby-uk-limited]https://www.duedil.c...erby-uk-limited They give an extremely detailed view of our finances, our ownership, our shares etc bascially anything to do with the "business" side of dcfc, you can also compare our figures to previous years. As theres a lot of info on the site just have a play around with the site and you'll soon find out how to compare years etc. (if anyone is intrested in forests, here it is, notice the £-71million valuation) [url=https://www.duedil.com/company/01630402/nottingham-forest-football-club-limited]https://www.duedil.c...ll-club-limited Link to comment Share on other sites More sharing options...
Day Posted December 17, 2012 Share Posted December 17, 2012 Wouldn't believe owt on that site, says that have 680,000 GBP in cash, they haven't even got a fiver Link to comment Share on other sites More sharing options...
Boycie Posted December 17, 2012 Share Posted December 17, 2012 I recon google has us in the top search for Derby Debt. They really come out the woodwork don't they? Link to comment Share on other sites More sharing options...
Day Posted December 17, 2012 Share Posted December 17, 2012 I recon google has us in the top search for Derby Debt. They really come out the woodwork don't they? We're not but.... JQtkz Link to comment Share on other sites More sharing options...
ramblur Posted December 17, 2012 Share Posted December 17, 2012 We'll never know the current debt position at any given point in time.At 30/6/11 the overall gross debt stood at £27.253m (probably where the £28m came from),but because of cash at £1.75m,the net debt was £25.503m (where the figure from your link derives).The directors' report signalled further investment of £5.8m for 11/12,but we don't know for sure if it was equity,loan capital or a mixture of both.A comment by Glick that this would make the ratio of loan capital/equity roughly 50/50 would appear to indicate that most (if not all,which would give exactly 50/50) was loan capital.If this assumption were correct,then the gross debt would rise to £33m. At any given point in time (apart from reported year ends) you can never be sure what the o/s balance of the so called "revolving loan" is.At 30/6/10 the balance was as near as damn it exactly £3m,but at the end of the year it stood at £3.17m.During the year £2.7m had been repaid (which indicates the balance doesn't have to go to zero before reborrowing),which implies (by deduction) that nearly £2.9m had been reborrowed.The balance during the year could never have fallen below £0.3m (£3m minus £2.7m). When facts aren't available,my next resort is logic.If S/T money is used to repay the loan,then it isn't available to do the jobs it would otherwise be able to do.I guess therefore that it's reborrowed fairly quickly,a view possibly supported by the amount of interest identifiable against the facility. I've given the facts,but have no enthusiasm to participate further,as I can see this developing into an argument over whether loan capital (and the revolving loan) constitutes/constitute real debt. Link to comment Share on other sites More sharing options...
Alph Posted December 17, 2012 Share Posted December 17, 2012 I'd love to see an argument about finances. Leacock v Barker has been going on for days!! Link to comment Share on other sites More sharing options...
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