NottsRam77 Posted April 2, 2019 Share Posted April 2, 2019 3 hours ago, RamLad1884 said: Mel Morris you sneaky minx, cue the meltdown from Leeds/Forest/Brum/any top half team that we're not being fined millions and have a 25 point deduction on us. Forests ground is owned by the council .... so they can take a running jump ? so somewhere along the line my council tax goes towards keeping that poo tip running cos they ain’t spending it on police officers lol Link to comment Share on other sites More sharing options...
ossieram Posted April 2, 2019 Share Posted April 2, 2019 Can Mel gift the ground back to the club and buy it back next season? Link to comment Share on other sites More sharing options...
G STAR RAM Posted April 2, 2019 Share Posted April 2, 2019 Can see plenty of pros and cons to this. Will be interesting to see how deal is structured. Also a bit sceptical that this wasn't announced before a fans forum where any questions could have been asked. Link to comment Share on other sites More sharing options...
Comrade 86 Posted April 2, 2019 Share Posted April 2, 2019 3 minutes ago, G STAR RAM said: Can see plenty of pros and cons to this. Will be interesting to see how deal is structured. Also a bit sceptical that this wasn't announced before a fans forum where any questions could have been asked. Think the opposite myself. Mel could have given himself an easy ride and some well deserved plaudits had he done so. He chose not to and I think that's to be admired personally. Quietly taking care of business... Isn't that what we want him to do? What are the 'plenty of cons' btw? Link to comment Share on other sites More sharing options...
peachmyster Posted April 2, 2019 Share Posted April 2, 2019 Well done Mel and the finance team anyone know when other teams have to post their finances Link to comment Share on other sites More sharing options...
ram59 Posted April 2, 2019 Share Posted April 2, 2019 47 minutes ago, peachmyster said: Well done Mel and the finance team anyone know when other teams have to post their finances I think most of them by now. Cardiff and Fulham both lost £34m and Wolves lost £55m. Some of that would be promotion bonuses. Link to comment Share on other sites More sharing options...
peachmyster Posted April 2, 2019 Share Posted April 2, 2019 What about villa and shef weds Link to comment Share on other sites More sharing options...
ram59 Posted April 2, 2019 Share Posted April 2, 2019 Villa lost £32m and Sheffield United lost only £1.5m. That shows you what can be done on a budget. Link to comment Share on other sites More sharing options...
cannable Posted April 2, 2019 Share Posted April 2, 2019 8 minutes ago, ram59 said: Villa lost £32m and Sheffield United lost only £1.5m. That shows you what can be done on a budget. Money broadens the pool of players that you can sign but not necessarily the quality. There are just a handful of well run clubs in the top two divisions of English football. Link to comment Share on other sites More sharing options...
Abu Derby Posted April 2, 2019 Share Posted April 2, 2019 But what about Greggs? Has that been sold with it - fixtures and fittings etc? Link to comment Share on other sites More sharing options...
mike93rh Posted April 2, 2019 Share Posted April 2, 2019 People are branding Mel Morris a genius because he's found a way for us to comply with FFP and avoid any points repercussions/transfer sanctions in the short term. Unpopular opinion to those who think he's the Messiah, but if he hadn't brought in managers and financed our rancid transfer policy for the past 3 years or so then we'd still own our own ground. Don't get me wrong, I know his heart is in the right place and he loves this club. But having a madman at the helm throwing money around, whilst it might have felt nice at the time, has left us in the long term without even a stadium. This decision has only made the need to win promotion all the more urgent, for the long term sustainability of our club - our wage bill alone is still 137% of our turnover, before all other overheads. Whether he loves this club or not, he is not running it in a sustainable way. This is nothing but a quick fix. Link to comment Share on other sites More sharing options...
Carnero Posted April 2, 2019 Share Posted April 2, 2019 11 minutes ago, mike93rh said: has left us in the long term without even a stadium. Fortunately our owner happens to also own a football stadium that we can use. Link to comment Share on other sites More sharing options...
mike93rh Posted April 2, 2019 Share Posted April 2, 2019 2 minutes ago, Carnero said: Fortunately our owner happens to also own a football stadium that we can use. For now, who knows what the future holds? Before, we had certainty. Link to comment Share on other sites More sharing options...
Comrade 86 Posted April 2, 2019 Share Posted April 2, 2019 18 minutes ago, mike93rh said: People are branding Mel Morris a genius because he's found a way for us to comply with FFP and avoid any points repercussions/transfer sanctions in the short term. Unpopular opinion to those who think he's the Messiah, but if he hadn't brought in managers and financed our rancid transfer policy for the past 3 years or so then we'd still own our own ground. Don't get me wrong, I know his heart is in the right place and he loves this club. But having a madman at the helm throwing money around, whilst it might have felt nice at the time, has left us in the long term without even a stadium. This decision has only made the need to win promotion all the more urgent, for the long term sustainability of our club - our wage bill alone is still 137% of our turnover, before all other overheads. Whether he loves this club or not, he is not running it in a sustainable way. This is nothing but a quick fix. What's rancid is the hyperbole you've insisted on using to make a very ordinary point. Removes any will to respond sensibly to the point you're trying to make IMO. Link to comment Share on other sites More sharing options...
mike93rh Posted April 2, 2019 Share Posted April 2, 2019 I wonder how many of those saying "this gives us a chance to get our house in order" are genuinely looking forward to another Nigel Clough era? All Nigel's hard work to keep us competitive whilst turning our finances around have been undone in a matter of years. And now we'll have to do it all again, but this time we don't have a £40m asset as a safety net. And all this whilst having a fan base (whilst not unique in this criticism) that is incredibly impatient and demands performances and results. We have to pray Morris doesn't fall out with the club in the future. Link to comment Share on other sites More sharing options...
Mucker1884 Posted April 2, 2019 Share Posted April 2, 2019 15 minutes ago, mike93rh said: ... Unpopular opinion to those who think he's the Messiah, but if he hadn't brought in managers and financed our rancid transfer policy for the past 3 years or so then we'd still own our own ground... Maybe he feels so unbelievably shitty and guilty for all these mistakes he's made, that he was just desperate to find a way of throwing even more of his vast millions at us, without it getting us into trouble with the game's rulers. Maybe he has lay awake for the last 1,000 nights thinking "I'm so sorry... How can I ever repay you"! ... Or maybe when he was young, instead of wanting to drive a train, or fly a plane, he always dreamt of owning a football stadium? Either way, he'll do for me! Link to comment Share on other sites More sharing options...
G STAR RAM Posted April 2, 2019 Share Posted April 2, 2019 1 hour ago, 86 points said: Think the opposite myself. Mel could have given himself an easy ride and some well deserved plaudits had he done so. He chose not to and I think that's to be admired personally. Quietly taking care of business... Isn't that what we want him to do? What are the 'plenty of cons' btw? But there's more questions than answers doing what has been done. Potential cons:- Club no longer owns the ground. Of course this won't be a problem if it is a long term lease. Rent will be an FFP hit. Of course this won't be a problem if it's a pepeppercorn rent. Potential revenues from the ground will now be diverted to another company. May not be a problem if MM intends to funnel this money back into the club. But if he intends to do this not sure why he would take the ground out of the club in the first place. Cannot see how the club will now be attractive to potential investors. Although obviously this will now deter potential asset strippers. I'm pretty sure MM has the clubs intentions at heart although this potentially looks a way of him recouping some of his losses. To sit there for an hour and a half talking about FFP but not even mentioning this just seems a bit disingenuous to me. Link to comment Share on other sites More sharing options...
Comrade 86 Posted April 2, 2019 Share Posted April 2, 2019 1 minute ago, G STAR RAM said: But there's more questions than answers doing what has been done. Potential cons:- Club no longer owns the ground. Of course this won't be a problem if it is a long term lease. Rent will be an FFP hit. Of course this won't be a problem if it's a pepeppercorn rent. Potential revenues from the ground will now be diverted to another company. May not be a problem if MM intends to funnel this money back into the club. But if he intends to do this not sure why he would take the ground out of the club in the first place. Cannot see how the club will now be attractive to potential investors. Although obviously this will now deter potential asset strippers. I'm pretty sure MM has the clubs intentions at heart although this potentially looks a way of him recouping some of his losses. To sit there for an hour and a half talking about FFP but not even mentioning this just seems a bit disingenuous to me. Lot of 'if, buts and maybes' there. The slant you have taken, with no more knowledge of MM's motivations than any of us on here, is not terribly complimentary or trusting. I'll leave it there because I really don't agree with a single word you've written so there's no point in us discussing it further really. Link to comment Share on other sites More sharing options...
DarkFruitsRam7 Posted April 2, 2019 Share Posted April 2, 2019 In my view, the issue with this thread is the same as the problem with politics. Too many people seeing things as either black or white. I reckon it's a fairly shrewd financial move that is not without its risks down the line. Link to comment Share on other sites More sharing options...
Rev Posted April 2, 2019 Share Posted April 2, 2019 It's worth bearing in mind, as an asset of community value, and therefore on the register of such things, Pride Park can't be sold to a group outside Mels control without a moratorium on such a sale, giving us a modicum of control over its Ultimate ownership. Link to comment Share on other sites More sharing options...
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