sawley_ram Posted September 23, 2021 Share Posted September 23, 2021 (edited) 22 minutes ago, DCFC1388 said: I believe - Mel owns the stadium but his loans from MSD used this as collateral We lease the land Moor Farm is on from Derby City Council? The training ground sits in Erewash doesn’t it? When I lived in Oakwood the border was Morley Road. I’m now back in Erewash and remember (maybe 4 years ago?) a councillor was petitioning against an expansion to the training group… obviously not a fan. Edited September 23, 2021 by sawley_ram Link to comment Share on other sites More sharing options...
Alph Posted September 23, 2021 Share Posted September 23, 2021 3 minutes ago, Woodypecker said: I thought someone had commented days ago that the Locko Park Estate owned the land upon which Moor Farm was built? No idea about lease arrangements or asset ownership, just repeating the above.... any property bods might wise us up further. I'm sure Mel said it was 100 years. That was when Clement was here. Link to comment Share on other sites More sharing options...
Van der MoodHoover Posted September 23, 2021 Share Posted September 23, 2021 4 hours ago, GenBr said: Was it Doncaster who had to get rid of their stadium cos it kept sending them into administration? We probably couldnt afford pride park if we go too far down the pyramid (although we dont own it anyway) Darlington I think. Some mad owner built a 30,000 + capacity stadium for a club that averaged about 3k. GenBr 1 Link to comment Share on other sites More sharing options...
RoyMac5 Posted September 23, 2021 Share Posted September 23, 2021 27 minutes ago, Ramos said: They said there’s two very credible interested parties already and emphasised one party has been in for the club previously. Said their job is to also wheedle out the ones who put their name forward with no credibility or funds to support. Ie you’re Alonsos. I think they said some of those already circuling have high net worth - they sounded very upbeat about getting a deal done. They'll hope to get well paid then! #handinhand Ramos 1 Link to comment Share on other sites More sharing options...
Grumpy Git Posted September 23, 2021 Share Posted September 23, 2021 2 minutes ago, Van der MoodHoover said: Darlington I think. Some mad owner built a 30,000 + capacity stadium for a club that averaged about 3k. Yes it was Darlington, 25,000 capacity Van der MoodHoover and RadioactiveWaste 1 1 Link to comment Share on other sites More sharing options...
CornwallRam Posted September 23, 2021 Share Posted September 23, 2021 I know that Mel is hardly the most popular character around here at present and I'm not attempting to defend him, just asking a question of those on here with more financial expertise than me. There is a rumour that Mel has paid off MSD and taken full control back of PPS and MF. If (huge if) that's true, is it possible that he's actually acting in the best interests if the club? He's put the club into administration, but effectively stripped out its assets. Players can't be sold until January, so they don't offer immediate liquidity. So the unsecured creditors have very little leverage. This means they will have to accept the minimum (I think) 25p in the pound for a CVA, allowing the debts to be slashed for a new owner. In this scenario, Mel could then sell PPS and MF to the new owners for the cost of the MSD loan. Does that seem credible/ possible? The Scarlet Pimpernel, jono and Hector was the best 3 Link to comment Share on other sites More sharing options...
RoyMac5 Posted September 23, 2021 Share Posted September 23, 2021 2 minutes ago, CornwallRam said: There is a rumour that Mel has paid off MSD and taken full control back of PPS and MF. If (huge if) that's true, is it possible that he's actually acting in the best interests if the club? He's put the club into administration, but effectively stripped out its assets. MSD put the club into admin according to the administrators. Link to comment Share on other sites More sharing options...
LazloW Posted September 23, 2021 Share Posted September 23, 2021 12 minutes ago, sawley_ram said: The training ground sits in Erewash doesn’t it? When I lived in Oakwood the border was Morley Road. I’m now back in Erewash and remember (maybe 4 years ago?) a councillor was petitioning against an expansion to the training group… obviously not a fan. It is in Erewash and I believe I saw something the other day saying we leased the land off the Locko Estate (somebody might confirm that?). sawley_ram 1 Link to comment Share on other sites More sharing options...
The Scarlet Pimpernel Posted September 23, 2021 Share Posted September 23, 2021 2 minutes ago, RoyMac5 said: MSD put the club into admin according to the administrators. Who were praised by Mel Link to comment Share on other sites More sharing options...
atherstoneram Posted September 23, 2021 Share Posted September 23, 2021 14 minutes ago, Alpha said: I'm sure Mel said it was 100 years. That was when Clement was here. You must have misheard are you sure it wasn't 48 hours Stive Pesley and Alph 2 Link to comment Share on other sites More sharing options...
RoyMac5 Posted September 23, 2021 Share Posted September 23, 2021 2 minutes ago, The Scarlet Pimpernel said: Who were praised by Mel And? Link to comment Share on other sites More sharing options...
i-Ram Posted September 23, 2021 Share Posted September 23, 2021 2 hours ago, cosmic said: It never rains… https://www.dailymail.co.uk/sport/sportsnews/article-10018601/No-betting-firms-sponsor-football-shirts-governments-review-gambling-laws.html Don’t worry Cosmic. Morris and Pearce were closing in on a shirt sponsorship deal with a new hydrated water/drinks company. Really good deal. £7m over 3 years I heard. Simple rubber stamp for them Administrators. Stive Pesley and cosmic 2 Link to comment Share on other sites More sharing options...
CBRammette Posted September 23, 2021 Share Posted September 23, 2021 6 minutes ago, RoyMac5 said: MSD put the club into admin according to the administrators. Yes and club statement re admin was very gushy about MSD. As usual with MM just feels like something going on. Sick of it. Link to comment Share on other sites More sharing options...
atherstoneram Posted September 23, 2021 Share Posted September 23, 2021 1 hour ago, Unlucky Alf said: I thought you worked in a Library? Has MM returned that book yet. "How to be a successful football club owner" or is that another overdue payment. Ram-Alf and Chester40 1 1 Link to comment Share on other sites More sharing options...
minesahartington Posted September 23, 2021 Share Posted September 23, 2021 46 minutes ago, Derbados said: Jordan also said that Eric Alonso was very credible No he said that he trusted Mels judgement and Mel had told him he was credible… Link to comment Share on other sites More sharing options...
Jimbo Ram Posted September 23, 2021 Share Posted September 23, 2021 47 minutes ago, observer said: could the argument of the £80m value be used if he sold it back to the new owner for £40 surely if the main tenant is in administration the asset value reduces?? Surely they get the Stadium in the deal, won’t have to cough up for that as well as taking on the debts… Link to comment Share on other sites More sharing options...
hintonsboots Posted September 23, 2021 Share Posted September 23, 2021 6 minutes ago, atherstoneram said: Has MM returned that book yet. "How to be a successful football club owner" or is that another overdue payment. The library signed an NDA. Jourdan, RadioactiveWaste and atherstoneram 3 Link to comment Share on other sites More sharing options...
Wolfie Posted September 23, 2021 Share Posted September 23, 2021 18 minutes ago, RoyMac5 said: MSD put the club into admin according to the administrators. MSD requested it. Mel did it - and presumably had to, once the main financial backer does that?. I don't know. Link to comment Share on other sites More sharing options...
ThePrisoner Posted September 23, 2021 Share Posted September 23, 2021 hintonsboots and Zag zig 2 Link to comment Share on other sites More sharing options...
Reggie Greenwood Posted September 23, 2021 Share Posted September 23, 2021 1 hour ago, ollycutts1982 said: Moor farm is owned by someone else and is on a long lease and will continue to have use of it. PPS is not owned by the football club but has a verbal agreement from landlord to continue to play games there. Not looking to get rid of Rooney. Positive conversations with Rooney and the coaching squad. Opened positive dialogue with EFL. The EFL want Derby to continue but there will be further points deduction. Said couldn’t rule out further deductions and would be working to reduce any. Didn’t directly say there will be. That’s the way I interpreted it. RadioactiveWaste 1 Link to comment Share on other sites More sharing options...
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