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Derby in advanced talks with American billionaire Michael Dell over major financial injection

Bubbles

By Bubbles
in Derby County Forum

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BaaLocks

BaaLocks

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10 hours ago, Van der MoodHoover said:

Since the only asset is the stadium and that isn't owned by dcfc anymore how is this deal structured?

A simple plan of 36 monthly payments with an APR of just 78.43%, along with the accompanying support package providing 24x7 access to a team of online technicians

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Bubbles

Bubbles

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10 hours ago, Van der MoodHoover said:

Hmm....secured loan eh..

Since the only asset is the stadium and that isn't owned by dcfc anymore how is this deal structured?

I can only imagine Dell loans the money to Mel's company secured against Pride Park and that company lends it unsecured to dcfc at an arms length commercial rate.

Mel taking all the risk then......with Dell a little bit.

Moor Farm?

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Elgin_Ram

Elgin_Ram

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On 23/03/2020 at 12:25, David said:

Nope, just got bored with the game

 

11 hours ago, jono said:

Well if this works out it might drive a Universal Serial Bus through FFP 

 

11 hours ago, jono said:

Well if this works out it might drive a Universal Serial Bus through FFP 

What ether net

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RamLad1884

RamLad1884

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Every new owner 'loans' to their club, none of them just give money to them. Even Mel has taken care of the debt against the club but then technically he is 'owed' as it is a loan. It'll depend if the owner writes any of that debt off in the future. 

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Arsene Titman

Arsene Titman

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informative article from the Sunderland Chronicle

 


The strange case of Michael Dell and Derby - and how it's very similar to Sunderland

Michael Dell was reported to be investing in Derby County but the truth is actually very similar to a familiar story closer to home

 

 

Michael Dell was linked with an investment deal at Derby County this week, but it turns out the actual details are very similar to that of Sunderland’s takeover saga last year.

It was the Telegraph who broke news of Dell’s ‘interest’ at the Championship club this week, throwing many Sunderland fans into meltdown over what-might-have-been after the tech billionaire was linked with a similar investment deal at Sunderland last August.

https://www.google.com/amp/s/www.chroniclelive.co.uk/sport/football/football-news/strange-case-michael-dell-Derby-17977130.amp

 

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Van der MoodHoover

Van der MoodHoover

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55 minutes ago, Arsene Titman said:

So are they targeting clubs they perceive to be financially vulnerable to try and lever their way in through the backdoor? One thing’s for certain, these are very clever businessmen who specialise in investment. 

The ‘about’ page on their company site is quite telling. MSD ‘utilizes a multi-disciplinary investment strategy focused on maximizing long-term capital appreciation by making investments across the globe in the debt and equity of public and private companies, real estate and other asset classes.’

Hmm. Almost an oxymoron. An investment specialist is almost by definition NOT a businessman as they need someone else to build and run the underlying enterprise.

But I digress...…...if this is the deal then at these sorts of levels the numbers represent about 4-6 months operating cash, so hardly transformative......

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