Ramet Posted July 28, 2018 Share Posted July 28, 2018 8 hours ago, hintonsboots said: Are you his accountant?? No but i do know how much he has put into this club. Link to comment Share on other sites More sharing options...
hintonsboots Posted July 29, 2018 Share Posted July 29, 2018 Well he is still worth 500 million so must have been 700 million originally. I wouldn't get too worried he's still got enough left for a week in Cleethorpes. Link to comment Share on other sites More sharing options...
1967Ram Posted July 29, 2018 Share Posted July 29, 2018 On 27/07/2018 at 07:36, The Key Club King said: I'm loving the pre season optimism. Have no idea whether we will get promoted, relegated or anywhere in between. It'll be one of them! ? Link to comment Share on other sites More sharing options...
i-Ram Posted July 29, 2018 Share Posted July 29, 2018 On 28/07/2018 at 05:12, Ramet said: No but i do know how much he has put into this club. He has put £200m into the club. Doubt it mate. This is not to knock him on what he has invested, but your figures seem to me overstated, and must include what he paid for the club. Link to comment Share on other sites More sharing options...
Rampage Posted July 29, 2018 Share Posted July 29, 2018 1 hour ago, i-Ram said: He has put £200m into the club. Doubt it mate. This is not to knock him on what he has invested, but your figures seem to me overstated, and must include what he paid for the club. One promotion and his money back! Link to comment Share on other sites More sharing options...
jazzmed Posted July 29, 2018 Share Posted July 29, 2018 On 27/07/2018 at 13:24, Roboram said: Not to mention the hundreds of thousands of pounds they stole from the club & subsequently did time for. These were the crooks who took over our club for a pound after dear old Lionel's money had run out. (IIRC poor old Lionel came in for some stick at the time. Some of our fans having short memories appeared to forget that he was one who rescued us from Maxwell) Yes he's not without faults, but before anyone complains about Mel Morris I'll give you 3 names to ponder: Murdo Mackay, Andrew Mackenzie & Jeremy Keith well said some folks have sort memories i can go back further than that Link to comment Share on other sites More sharing options...
Ramet Posted July 29, 2018 Share Posted July 29, 2018 9 hours ago, i-Ram said: He has put £200m into the club. Doubt it mate. This is not to knock him on what he has invested, but your figures seem to me overstated, and must include what he paid for the club. Well just shows how little you know.please tell me how much do you think he has put in? Link to comment Share on other sites More sharing options...
G STAR RAM Posted July 29, 2018 Share Posted July 29, 2018 14 minutes ago, Ramet said: Well just shows how little you know.please tell me how much do you think he has put in? Pretty sure the amount at the end of June 2017 was closer to £100m, plus £50m that he paid to acquire the club. Link to comment Share on other sites More sharing options...
Carnero Posted July 29, 2018 Share Posted July 29, 2018 1 minute ago, G STAR RAM said: Pretty sure the amount at the end of June 2017 was closer to £100m, plus £50m that he paid to acquire the club. Total of c£160m @ 30 June 2017 I believe, including purchase. Link to comment Share on other sites More sharing options...
G STAR RAM Posted July 29, 2018 Share Posted July 29, 2018 11 hours ago, hintonsboots said: Well he is still worth 500 million so must have been 700 million originally. I wouldn't get too worried he's still got enough left for a week in Cleethorpes. The money he has put into Derby County would not necessarily reduce his net worth. Link to comment Share on other sites More sharing options...
Sith Happens Posted July 29, 2018 Share Posted July 29, 2018 11 hours ago, hintonsboots said: Well he is still worth 500 million so must have been 700 million originally. I wouldn't get too worried he's still got enough left for a week in Cleethorpes. Hes ok in that respect, gets free board and breakfast at @David gaff Link to comment Share on other sites More sharing options...
hintonsboots Posted July 29, 2018 Share Posted July 29, 2018 13 minutes ago, G STAR RAM said: The money he has put into Derby County would not necessarily reduce his net worth. If all his money is in Henderson Global technology I agree. No seriously I'm sure he's got a very good spread of investments in numerous asset classes outside of DCFC, so I take your point ?? Link to comment Share on other sites More sharing options...
ck- Posted July 29, 2018 Share Posted July 29, 2018 9 minutes ago, G STAR RAM said: The money he has put into Derby County would not necessarily reduce his net worth. It probably would. Football club valuations are odd - typically businesses are valued on a multiple of profit, but there's not much of that around! Alternatively, a couple of websites have football club valuations, and they vary between 55 and 65 million. So I'd suggest that his "investments" in the Rams have seen him lose close to £100m from his net worth. If I had that much money, I think I'd be ok with that. Link to comment Share on other sites More sharing options...
G STAR RAM Posted July 29, 2018 Share Posted July 29, 2018 1 minute ago, ck- said: It probably would. Football club valuations are odd - typically businesses are valued on a multiple of profit, but there's not much of that around! Alternatively, a couple of websites have football club valuations, and they vary between 55 and 65 million. So I'd suggest that his "investments" in the Rams have seen him lose close to £100m from his net worth. If I had that much money, I think I'd be ok with that. Other than the original purchase, the other money he has put in is via loans through Sevco, he is therefore still owed that money and that would be part of his net worth. Link to comment Share on other sites More sharing options...
Carnero Posted July 29, 2018 Share Posted July 29, 2018 1 minute ago, G STAR RAM said: Other than the original purchase, the other money he has put in is via loans through Sevco, he is therefore still owed that money and that would be part of his net worth. Don't get @RamNut started again. I beg you. Link to comment Share on other sites More sharing options...
Ramet Posted July 29, 2018 Share Posted July 29, 2018 27 minutes ago, G STAR RAM said: The money he has put into Derby County would not necessarily reduce his net worth. Correct as alot of it is seen as an asset. Link to comment Share on other sites More sharing options...
ck- Posted July 29, 2018 Share Posted July 29, 2018 10 minutes ago, G STAR RAM said: Other than the original purchase, the other money he has put in is via loans through Sevco, he is therefore still owed that money and that would be part of his net worth. Apologies, I thought he'd converted many of the loans to equity. If not, then I agree with you. Link to comment Share on other sites More sharing options...
G STAR RAM Posted July 29, 2018 Share Posted July 29, 2018 1 minute ago, ck- said: Apologies, I thought he'd converted many of the loans to equity. If not, then I agree with you. The loans to DCFC were converted to equity, so the club don't owe the money to the parent company, however, the money MM has put into the parent to fund these are via debt rather than equity. Link to comment Share on other sites More sharing options...
Carnero Posted July 29, 2018 Share Posted July 29, 2018 And of course he still owns a football club that he can sell on at some point, hopefully as a Premier League club which would be valued well above £50m. Link to comment Share on other sites More sharing options...
Grimbeard Posted July 29, 2018 Share Posted July 29, 2018 On 27/07/2018 at 14:49, David said: I’m sorry but if you do not know your Jason Statham from your Bruce Willis, I have no time for you. Who's Jason Statham? Is Bruce Wincie's Brother? Link to comment Share on other sites More sharing options...
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