Rambalin Posted October 5, 2021 Share Posted October 5, 2021 1 hour ago, Bob The Badger said: We won't be next season and the fact that we don't own the ground is a HUGE deal. The fact we do not own the ground is not such a huge deal lots of clubs do not own their grounds look down the A52 for one. Many of the Spanish and Italian clubs do not own theirs and in America too. It is only major issue to supporters and potential investors from overseas will not see it has a deal breaker. r_wilcockson, Kathcairns and Carnero 3 Link to comment Share on other sites More sharing options...
Retro_RAM Posted October 5, 2021 Share Posted October 5, 2021 all this communication, I'm not sure if administrators are obligated to provide information or how much but I'm enjoying the transparency and long may it continue. I'm not used to this, after years of either no communication or "political" communication as in they talk but give us an no answers and/or information. jimtastic56, r_wilcockson and 48 hours 2 1 Link to comment Share on other sites More sharing options...
Foreveram Posted October 5, 2021 Share Posted October 5, 2021 2 hours ago, angieram said: I wonder if the DET is going to create a separate article on each bullet point of the Rams Trust report? ? I take it that’s a rhetorical question ? Link to comment Share on other sites More sharing options...
Taribo Posted October 5, 2021 Share Posted October 5, 2021 I hope they don't sell all our silverware i-Ram and 48 hours 1 1 Link to comment Share on other sites More sharing options...
CornwallRam Posted October 5, 2021 Share Posted October 5, 2021 I think that the statement on the academy could be very important. Why would they even consider keeping it open, let alone retain its Cat 1 status? It's a drain on finances and the club could operate perfectly well without it. Maybe they want to make sure that there is a reservoir of players available in January to fill the fire sale gaps, but that would only require keeping the U23s ticking over. I believe that Cat 1 status requires a minimum outlay of £2.5m per season. Even if we take it that much of that cost is front loaded - the academy must be costing at least £100k per month. To me, logic dictates that the administrators regard the academy as a strong selling point for the club - but they are risking a lot of the creditor's potential cash on that premise. I'd suggest that a very tenable buyer has requested that the academy remains fully operational. That in turn suggests that the takeover process is at an advanced stage. jono, Dean (hick) Saunders and r_wilcockson 2 1 Link to comment Share on other sites More sharing options...
PistoldPete Posted October 5, 2021 Share Posted October 5, 2021 5 minutes ago, CornwallRam said: I think that the statement on the academy could be very important. Why would they even consider keeping it open, let alone retain its Cat 1 status? It's a drain on finances and the club could operate perfectly well without it. Maybe they want to make sure that there is a reservoir of players available in January to fill the fire sale gaps, but that would only require keeping the U23s ticking over. I believe that Cat 1 status requires a minimum outlay of £2.5m per season. Even if we take it that much of that cost is front loaded - the academy must be costing at least £100k per month. To me, logic dictates that the administrators regard the academy as a strong selling point for the club - but they are risking a lot of the creditor's potential cash on that premise. I'd suggest that a very tenable buyer has requested that the academy remains fully operational. That in turn suggests that the takeover process is at an advanced stage. We have sold Hughes , hendrick, bogle and Lowe plus got a bit of compo for Delap and Gordon . That easily has covered £2.5 m for Last few seasons , plus we have several others who would fetch a few million more . £300 k to keep it going for another three months is neither here nor there. Kathcairns, 48 hours, ramit and 2 others 2 3 Link to comment Share on other sites More sharing options...
PistoldPete Posted October 5, 2021 Share Posted October 5, 2021 2 hours ago, Leeds Ram said: Both own their grounds and sunderland at least had gone through significant financial restructuring putting them on a path towards sustainability. Derby in a position of not owning the ground, owing a mountain of debt and have a distinct possibility of ending up in league 1 after this season too. Sunderland had debts of £200 million and were losing £35 million a year so going on a path towards sustainability is all relative .. they were more of a basket case than we ever were. r_wilcockson and jimtastic56 2 Link to comment Share on other sites More sharing options...
Heisenberg Posted October 5, 2021 Share Posted October 5, 2021 Carnero, ariotofmyown, TomG and 28 others 10 3 18 Link to comment Share on other sites More sharing options...
therealhantsram Posted October 5, 2021 Share Posted October 5, 2021 4 minutes ago, Heisenberg said: Sorry to say it, but I just don't believe they would have done this without something back in return. For example, first dibs on Max Bird. Miggins and IslandExile 2 Link to comment Share on other sites More sharing options...
KBB Posted October 5, 2021 Share Posted October 5, 2021 Was arteta at Everton when rooney was there? Maybe he is looking out for an old team mate (it's not as if arsenal are desperate for that amount of money) Link to comment Share on other sites More sharing options...
Leeds Ram Posted October 5, 2021 Share Posted October 5, 2021 1 hour ago, PistoldPete said: Sunderland had debts of £200 million and were losing £35 million a year so going on a path towards sustainability is all relative .. they were more of a basket case than we ever were. when they were most recently sold earlier this year the club I believe was debt free and atm is close to being sustainably run. Link to comment Share on other sites More sharing options...
roboto Posted October 5, 2021 Share Posted October 5, 2021 4 minutes ago, therealhantsram said: Sorry to say it, but I just don't believe they would have done this without something back in return. For example, first dibs on Max Bird. Why don't you think they're just being nice? 1.4m isn't going to be a big deal to them right now. When they wanted the last instalment (which I think was one that put us further into embargo again) we weren't in administration and they probably thought we should pay up like any other club. Now they can see the former owner has got the club into a mess and they are doing their bit to help where possible. Unlike Steve Gibson who would like to see the club disappear all together by the look of things. Miggins, Kathcairns, r_wilcockson and 4 others 3 4 Link to comment Share on other sites More sharing options...
atherstoneram Posted October 5, 2021 Share Posted October 5, 2021 Just now, Leeds Ram said: when they were most recently sold earlier this year the club I believe was debt free and atm is close to being sustainably run. Just right for an up and coming English manager to take over when the situation arises. Link to comment Share on other sites More sharing options...
Steve How Hard? Posted October 5, 2021 Share Posted October 5, 2021 13 minutes ago, Heisenberg said: I think Arsenal have just become my 2nd favourite team. Up the Arse..........did I just say that out loud? Inverurie Ram, Miggins, ramit and 3 others 6 Link to comment Share on other sites More sharing options...
BuckoBeast Posted October 5, 2021 Share Posted October 5, 2021 8 minutes ago, therealhantsram said: Sorry to say it, but I just don't believe they would have done this without something back in return. For example, first dibs on Max Bird. Max is good. But not that good Kathcairns and Tamworthram 2 Link to comment Share on other sites More sharing options...
CornwallRam Posted October 5, 2021 Share Posted October 5, 2021 7 minutes ago, roboto said: Why don't you think they're just being nice? 1.4m isn't going to be a big deal to them right now. When they wanted the last instalment (which I think was one that put us further into embargo again) we weren't in administration and they probably thought we should pay up like any other club. Now they can see the former owner has got the club into a mess and they are doing their bit to help where possible. Unlike Steve Gibson who would like to see the club disappear all together by the look of things. I think it's also a sensible business decision. I daresay that their is some sense of not wanting to seen to be making the situation at Derby worse, however, I believe that the football creditor's rule disappears if we go into liquidation. So Arsenal can support us and get all their cash, or help to bury (or Bury) us and get maybe 10%. Taribo and GboroRam 1 1 Link to comment Share on other sites More sharing options...
IslandExile Posted October 5, 2021 Share Posted October 5, 2021 32 minutes ago, Heisenberg said: Nice gesture from the team that play in red because that team from down the road gave them some shirts when they were starting up. Maybe they feel they owe the "East Midlands" but I'd like to think that football pulls together. Of course, the Premier League as a whole could do more to help clubs below them in the pyramid. And then.... OK, nearly got me started. Thank you Arsenal. Inverurie Ram 1 Link to comment Share on other sites More sharing options...
rammieib Posted October 5, 2021 Share Posted October 5, 2021 Arsenals interest is we survive as a club so they get all their money - it’s still a class gesture. However 1.4m in the month of October? Seems a weird payment to be required to make only a couple of months after supposedly making another one. RadioactiveWaste and Taribo 1 1 Link to comment Share on other sites More sharing options...
hintonsboots Posted October 5, 2021 Share Posted October 5, 2021 Cough cough there must be more to this than meets the eye ?? Nishfan and IslandExile 1 1 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted October 5, 2021 Share Posted October 5, 2021 Arsenal don't lose anything by differing a due payment, so if the worst happens they'll end up with what they would've got and is probably better than arguning over a default on an installment. Link to comment Share on other sites More sharing options...
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