jimbobram Posted December 4, 2019 Share Posted December 4, 2019 58 minutes ago, therealhantsram said: Unfortunately not, as Mr. Gabby has already taken a charge on the stadium. Explain ? Link to comment Share on other sites More sharing options...
DesertRam Posted December 5, 2019 Share Posted December 5, 2019 If Mr G is following the ManU/Chelsea model then he's here for the long haul, as they were both purchased in 2003 ish. Hope that article is correct about the expand and accumulate. Looking good!! ? Link to comment Share on other sites More sharing options...
therealhantsram Posted December 5, 2019 Share Posted December 5, 2019 6 hours ago, jimbobram said: Explain ? Read a couple of pages back. You'll see that someone here has discovered a new charge was added to the stadium just last month by Mr. Gaaby. If you don't know what a charge is, heres what Google says... Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted December 5, 2019 Share Posted December 5, 2019 42 minutes ago, therealhantsram said: Read a couple of pages back. You'll see that someone here has discovered a new charge was added to the stadium just last month by Mr. Gaaby. If you don't know what a charge is, heres what Google says... It does concern me that someone allegedly so rich would need to take a mortgage out on the stadium, it doesnt strike me as leaving our club secure. On that note I look forward to Mel telling us why this deal is the right one for the club. Link to comment Share on other sites More sharing options...
Gritty Posted December 5, 2019 Share Posted December 5, 2019 Doesn't this mean he's lent Mel money which is secured on the stadium? Link to comment Share on other sites More sharing options...
ThePrisoner Posted December 5, 2019 Share Posted December 5, 2019 2 minutes ago, Gritty said: Doesn't this mean he's lent Mel money which is secured on the stadium? Yes Link to comment Share on other sites More sharing options...
Spanish Posted December 5, 2019 Share Posted December 5, 2019 21 minutes ago, MackworthRamIsGod said: It does concern me that someone allegedly so rich would need to take a mortgage out on the stadium, it doesnt strike me as leaving our club secure. On that note I look forward to Mel telling us why this deal is the right one for the club. Likely a security charge to protect his investment. Not a mortgage in the sense of a house purchase where the bank takes out a charge. From what I have read on here so far I am not at all worried by this info Link to comment Share on other sites More sharing options...
Mihangel Posted December 5, 2019 Share Posted December 5, 2019 17 minutes ago, Gritty said: Doesn't this mean he's lent Mel money which is secured on the stadium? No, not necessarily - It could mean many different things, the only thing you can absolutely glean is that Rams Investment LTD has a charge on the freehold DY342736 owned by Gellaw 202. Until we hear more, there's nothing to concern yourself with! Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted December 5, 2019 Share Posted December 5, 2019 33 minutes ago, Spanish said: Likely a security charge to protect his investment. Not a mortgage in the sense of a house purchase where the bank takes out a charge. From what I have read on here so far I am not at all worried by this info That would make more sense. It certainly sounds like a good deal (without knowing all the details). Link to comment Share on other sites More sharing options...
Carnero Posted December 5, 2019 Share Posted December 5, 2019 39 minutes ago, Spanish said: Likely a security charge to protect his investment. Not a mortgage in the sense of a house purchase where the bank takes out a charge. From what I have read on here so far I am not at all worried by this info Yep. He'll be making an investment of X% in the club, but without the stadium there is little else of monetary value to actually be investing in other than an expectation/hope of future income, so his investment will be secured in part by a charge on Mel's £80m stadium. Link to comment Share on other sites More sharing options...
King Kevin Posted December 5, 2019 Share Posted December 5, 2019 34 minutes ago, Carnero said: expectation/hope of future income I had been thinking recently there's a future goldmine [potentially] in the U23's. Link to comment Share on other sites More sharing options...
Woodley Ram Posted December 5, 2019 Share Posted December 5, 2019 1 hour ago, MackworthRamIsGod said: It does concern me that someone allegedly so rich would need to take a mortgage out on the stadium, it doesnt strike me as leaving our club secure. On that note I look forward to Mel telling us why this deal is the right one for the club. It would be normal to put a charge on assets if you are going to loan or fund a significant amount of money. It would be interesting To see which of those it is loan or funding. It would also be interesting to see if the money has already been used or if it’s money earmarked for the future. Link to comment Share on other sites More sharing options...
RamNut Posted December 5, 2019 Share Posted December 5, 2019 If the club sold the ground to Mel then what has any of this got to with the club? Isn’t this just about the investment in the stadium to use it to generate income for MM and partners? Link to comment Share on other sites More sharing options...
Spanish Posted December 5, 2019 Share Posted December 5, 2019 41 minutes ago, Carnero said: Yep. He'll be making an investment of X% in the club, but without the stadium there is little else of monetary value to actually be investing in other than an expectation/hope of future income, so his investment will be secured in part by a charge on Mel's £80m stadium. there may be an argument in this to further justify the separation of the ground from the club. there is a commercial reason rather than a loop hole arrangement. Link to comment Share on other sites More sharing options...
FindernRam Posted December 5, 2019 Share Posted December 5, 2019 9 hours ago, i-Ram said: A lot of miserable old people making a regular routine weekend visit to stare at some overpriced tat. Exactly what we do at every game now-so what's new? Link to comment Share on other sites More sharing options...
sage Posted December 5, 2019 Share Posted December 5, 2019 10 hours ago, Pastinaak said: You did what to @BagRam?! FPDSH Link to comment Share on other sites More sharing options...
Turk Thrust Posted December 5, 2019 Share Posted December 5, 2019 9 hours ago, i-Ram said: A lot of miserable old people making a regular routine weekend visit to stare at some overpriced tat. Careful. That's me you're talking about! Link to comment Share on other sites More sharing options...
hintonsboots Posted December 5, 2019 Share Posted December 5, 2019 I think we need to relax and enjoy the developments. Mel is an astute businessman, he didn’t get where he is today without using his noggin. Link to comment Share on other sites More sharing options...
Grumpy Git Posted December 5, 2019 Share Posted December 5, 2019 What you have to remember, (and sorry if someone has already said this), is this bloke is only "investing" in DCFC to make money. He's certainly not doing it out of the goodness of his heart. He's loaning the dosh, which means he's receiving interest on that loan (secured against the stadium). He's not given us anything. We could be DCFC Anderlecht next season. Link to comment Share on other sites More sharing options...
mwram1973 Posted December 5, 2019 Share Posted December 5, 2019 7 minutes ago, Grumpy Git said: What you have to remember, (and sorry if someone has already said this), is this bloke is only "investing" in DCFC to make money. He's certainly not doing it out of the goodness of his heart. He's loaning the dosh, which means he's receiving interest on that loan (secured against the stadium). He's not given us anything. We could be DCFC Anderlecht next season. Agreed, but every large successful business (and I mean multi million pound companies) uses outside invesment to help grow the company. So even if it is only investment, if used correctly it can only help us. I wouldn't put money into a championship club if there wasn't things happening behind the scenes and with the knowledge that x amount of millions will get us promoted. If we get promoted within the next 2-3 seasons he will have made good money on his initial investment. Nothing wrong with that imo. We as fans only want to see Derby in the prem, how we get there and on whos money doesn't really effect us. imo. Link to comment Share on other sites More sharing options...
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