Sparkle Posted July 2, 2020 Share Posted July 2, 2020 6 hours ago, SchtivePesley said: I'm actually starting to wonder if Mel hasn't used his fortune to build a time machine, and he keeps going back to tweak things so that we get promoted, but every time he makes a change to the space-time continuum it just gets worse The Butterfly effect Link to comment Share on other sites More sharing options...
ramsbottom Posted July 3, 2020 Share Posted July 3, 2020 16 hours ago, Squid said: Facing fifteen bloody years in prison. Jesus wept. I love this club. Next thing you know Dodgy Dave who sold bootleg dvd’s down the local will be investing. And we'll employ Purple Aki as a youth team coach... Link to comment Share on other sites More sharing options...
Animal is a Ram Posted July 3, 2020 Share Posted July 3, 2020 10 hours ago, RIMBAUD said: Which sort of thing were you thinking? Carnivorous lizard or metal guru? Well, it really would make the Academy grads the Children of the Revolution. Link to comment Share on other sites More sharing options...
oomarkwright Posted July 3, 2020 Share Posted July 3, 2020 12 hours ago, RIMBAUD said: Which sort of thing were you thinking? Carnivorous lizard or metal guru? I wish they'd bring the series 'V' back on television. Link to comment Share on other sites More sharing options...
Sith Happens Posted July 3, 2020 Share Posted July 3, 2020 6 hours ago, oomarkwright said: I wish they'd bring the series 'V' back on television. they did. Link to comment Share on other sites More sharing options...
Maestro Posted July 6, 2020 Share Posted July 6, 2020 On 03/07/2020 at 09:21, ramsbottom said: And we'll employ Purple Aki as a youth team coach... At least we will know that muscle development will be top notch - especially their biceps. Link to comment Share on other sites More sharing options...
Rab a dab doo Posted July 6, 2020 Share Posted July 6, 2020 Even if had he funds this guy probably would have wanted his pound of flesh and more for it. Football seems a magnet for every crook, dodgy dealer and charlatan going. Thank goodness we got Mel. I think we should all remember that next time 'we/people' start call for his head. Link to comment Share on other sites More sharing options...
Srg Posted July 6, 2020 Share Posted July 6, 2020 Makes you wonder if the reason this didn't go through was this, rather than the EFL charge like everyone first thought. Link to comment Share on other sites More sharing options...
Dimmu Posted July 6, 2020 Share Posted July 6, 2020 1 hour ago, Rab a dab doo said: Even if had he funds this guy probably would have wanted his pound of flesh and more for it. Football seems a magnet for every crook, dodgy dealer and charlatan going. Thank goodness we got Mel. I think we should all remember that next time 'we/people' start call for his head. Link to comment Share on other sites More sharing options...
LeedsCityRam Posted July 6, 2020 Share Posted July 6, 2020 27 minutes ago, Rab a dab doo said: Even if had he funds this guy probably would have wanted his pound of flesh and more for it. Football seems a magnet for every crook, dodgy dealer and charlatan going. Thank goodness we got Mel. I think we should all remember that next time 'we/people' start call for his head. I think that's the reality for any 'investor'. They wouldn't be putting money into the club for the attention or adulation, its purely for the profit that can be made running a club in the Premiership with the TV money on offer there. Appreciate Mel has been looking in essence for silent partners to invest alongside him but I would be much happier if it were possible for him to retain overall control of the club & look at a different investment model. One possible alternative would be some sort of supporters' bond where money is lent to the club by a group of wealthier supporters at a fairly low interest rate, with a guaranteed dividend if we get to the Premiership based on their pro-rata contribution to the overall bond. These supporters & their interests could be represented by one group & one independent, distinct supporters' voice on the Board. Am sure preferential creditor status could be applied to the packaged loan to guard against any financial mishaps, supporters could choose to increase or decrease investment as they wish subject to some guidelines and the supporters investment group could meet regularly to discuss strategy & choose which member to sit at the monthly DCFC board meeting. Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted July 6, 2020 Share Posted July 6, 2020 The football weekly podcast did an episode on the dodgy side of football last week. I think just before the Wigan administration came out. Link to comment Share on other sites More sharing options...
Rampage Posted July 6, 2020 Share Posted July 6, 2020 On 03/07/2020 at 11:24, oomarkwright said: I wish they'd bring the series 'V' back on television. It jis on some sky channel at present, omw Link to comment Share on other sites More sharing options...
Rev Posted July 10, 2020 Share Posted July 10, 2020 According to The Athletic, Gabay lent Mel £81.1m in order for him to buy Pride Park. https://theathletic.com/1918944/2020/07/10/henry-gabay-lent-81m-to-Derby-owner-mel-morris-for-stadium?source=user-shared-article Link to comment Share on other sites More sharing options...
bigbadbob Posted July 10, 2020 Share Posted July 10, 2020 13 minutes ago, reverendo de duivel said: According to The Athletic, Gabay lent Mel £81.1m in order for him to buy Pride Park. https://theathletic.com/1918944/2020/07/10/henry-gabay-lent-81m-to-Derby-owner-mel-morris-for-stadium?source=user-shared-article That was nice of him Link to comment Share on other sites More sharing options...
Ghost of Clough Posted July 10, 2020 Share Posted July 10, 2020 44 minutes ago, reverendo de duivel said: According to The Athletic, Gabay lent Mel £81.1m in order for him to buy Pride Park. https://theathletic.com/1918944/2020/07/10/henry-gabay-lent-81m-to-Derby-owner-mel-morris-for-stadium?source=user-shared-article I don't think that's anything new, is it? The charge on the stadium was identified before Chirstmas if I remember correctly. Link to comment Share on other sites More sharing options...
Mihangel Posted July 10, 2020 Share Posted July 10, 2020 1 hour ago, Ghost of Clough said: I don't think that's anything new, is it? The charge on the stadium was identified before Chirstmas if I remember correctly. Neither is unusual, all financial institutions are borrowing, lending and investing at the same time, the money merry-go-round innit.... Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted July 10, 2020 Share Posted July 10, 2020 So who purchased the stadium, Mel? Gabay? 81 million quid is a hefty loan. Link to comment Share on other sites More sharing options...
Sparkle Posted July 10, 2020 Share Posted July 10, 2020 8 minutes ago, MackworthRamIsGod said: So who purchased the stadium, Mel? Gabay? 81 million quid is a hefty loan. It wasn’t me and trust me I wish it was but it simply wasn’t ! Link to comment Share on other sites More sharing options...
Mucker1884 Posted July 10, 2020 Share Posted July 10, 2020 10 minutes ago, MackworthRamIsGod said: So who purchased the stadium, Mel? Gabay? 81 million quid is a hefty loan. "I'm no expert" is the understatement of the year, but as I understand it, it's similar to a mortgage? Mel is the owner whilst he keeps up the repayments on the loan, but fail to make those repayments on time, and the investor can repossess the property concerned? I'm sure there will be small print and stipulated terms, of course, but I think that's the gist of it? I could be more wrong than normal! ... By my calcs, £81 million over 25 years = £270,000 per month... plus interest! ? EDIT: Just realised you asked who purchased... not who owned! I'd still say Mel. Gabay was just his "Mortgage provider"? Link to comment Share on other sites More sharing options...
Van der MoodHoover Posted July 10, 2020 Share Posted July 10, 2020 8 minutes ago, MackworthRamIsGod said: So who purchased the stadium, Mel? Gabay? 81 million quid is a hefty loan. was one of the companies controlled by Mel I thought. Presumably it borrowed the cash from Gabays investment fund, who has a charge over the stadium as security. I assume this was simply expeditious to prevent mel having to liquidate investments elsewhere and lend the money himself. Link to comment Share on other sites More sharing options...
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