ThePrisoner Posted May 5, 2021 Share Posted May 5, 2021 So, is it the "Dream Team" up next as Percy hinted towards? h/t to @Steve Bloomer's Washing Link to comment Share on other sites More sharing options...
Ramraiders Posted May 5, 2021 Share Posted May 5, 2021 Front man for some faceless dodgy money men. He is an advisor that advised a club that are actually below us! I really fear how this is going to play out now. I did hear a few weeks back that administration is on its way as Mel is refusing to service any more debt and there are some very large bills on the horizon for the existing finance in place. staying up may be the least of our worries…. Link to comment Share on other sites More sharing options...
Nuwtfly Posted May 5, 2021 Share Posted May 5, 2021 I mean, what can you even say about this? (From the Daily Mail article) Link to comment Share on other sites More sharing options...
Andicis Posted May 5, 2021 Share Posted May 5, 2021 Just now, Nuwtfly said: I mean, what can you even say about this? Perfect man for the job ? Link to comment Share on other sites More sharing options...
Orphanram Posted May 5, 2021 Share Posted May 5, 2021 I’ve tried to retain a balanced view of Mel’s intentions with regard to the sale of the club in the last year. The club has clearly become a burden he wants to free himself from and that’s understandable but I’ve always been on the side of those that believe he wants the best for the club and wouldn’t sell us to a wrong un. My opinion is shifting as it’s looking increasingly like he wants to cut and run. He might have just got to the point where that many people are slating him already that he has made peace with himself about leaving us in the cart and will just get him sen over to his his timeshare in Benidorm when the travel restrictions are lifted Link to comment Share on other sites More sharing options...
Leeds Ram Posted May 5, 2021 Share Posted May 5, 2021 Dear god let's please make sure this absolute chancer and charlatan doesn't get within 100 miles of Pride Park. Link to comment Share on other sites More sharing options...
Orphanram Posted May 5, 2021 Share Posted May 5, 2021 1 minute ago, Nuwtfly said: I mean, what can you even say about this? (From the Daily Mail article) That he has declined to comment on this but finds time to tweet about results related to our predicament might tell you something. Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted May 5, 2021 Share Posted May 5, 2021 "Hello, can I borrow £70m.....yes..I have security...no, I don't own the assets i wish to use as security.....it's to buy a business that loses somewhere between £7m and £20m a year" ... ... ... Yey... Can we have ol Shakie back? Link to comment Share on other sites More sharing options...
Steve How Hard? Posted May 5, 2021 Share Posted May 5, 2021 32 minutes ago, Ibby said: Erik Alonso's Derby County takeover in SERIOUS jeopardy https://www.dailymail.co.uk/sport/football/article-9546827/Erik-Alonsos-Derby-takeover-JEOPARDY-looks-refinance-Pride-Park-fund-deal.html Doggy guy. Interesting new lead. Link to comment Share on other sites More sharing options...
JfR Posted May 5, 2021 Share Posted May 5, 2021 I don't understand how this would mean the deal is dead. Isn't this basically the same thing that the Glazers did at Man Utd and Burnley's new owners have done to finance their takeover? Link to comment Share on other sites More sharing options...
Gringo Posted May 5, 2021 Share Posted May 5, 2021 Buying the club with its own money by refinancing the stadium, the very definition of a leveraged buyout. Link to comment Share on other sites More sharing options...
Gee SCREAMER !! Posted May 5, 2021 Share Posted May 5, 2021 1 minute ago, Ramraiders said: Front man for some faceless dodgy money men. He is an advisor that advised a club that are actually below us! I really fear how this is going to play out now. I did hear a few weeks back that administration is on its way as Mel is refusing to service any more debt and there are some very large bills on the horizon for the existing finance in place. staying up may be the least of our worries…. I honestly think that refusing to facilitate repayments of finance at that level would be grimly destructive for his other business entities and there financial health, as well as a director of ltd companies. If you have a personal fortune of millions and own very expensive fixed assets he won't be able to just refuse to pay. He may have to sell the club at a low rate in order to clear those attached debts should he have had enough as an alternative. The chancer we have at the front of the queue indicates that may be the case. Link to comment Share on other sites More sharing options...
Ramraiders Posted May 5, 2021 Share Posted May 5, 2021 The ground already has a charge against it. Mel has borrowed against the ground too. Now obviously we don’t get to see the terms of the deal but I cannot see Mel walk away that much out of pocket… Link to comment Share on other sites More sharing options...
Gee SCREAMER !! Posted May 5, 2021 Share Posted May 5, 2021 On 04/05/2021 at 08:55, IslandExile said: It's yours. I'll raise the offer to £15 a month and throw in Efe Ambrose and some free orthopedic boots from Albentosa. Link to comment Share on other sites More sharing options...
Tombo Posted May 5, 2021 Share Posted May 5, 2021 Finding it hard to laugh at this now. At first our misery was such a joke all you could do is laugh. I can't even do that now Link to comment Share on other sites More sharing options...
Amberram Posted May 5, 2021 Share Posted May 5, 2021 Classic tale of a tail wagging the dog. Link to comment Share on other sites More sharing options...
G-Ram Posted May 6, 2021 Share Posted May 6, 2021 Cant wait for mels next fans forum down the local pub when were allowed back in ? Link to comment Share on other sites More sharing options...
DarkFruitsRam7 Posted May 6, 2021 Share Posted May 6, 2021 I’m actually quite relieved. The bloke struck me as an absolute chancer from the very beginning. Link to comment Share on other sites More sharing options...
Abu Derby Posted May 6, 2021 Share Posted May 6, 2021 This is disastrous news if true. Link to comment Share on other sites More sharing options...
MrPlinkett Posted May 6, 2021 Share Posted May 6, 2021 I think I'd rather have Fawaz or Marinakis. Link to comment Share on other sites More sharing options...
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