Ellafella Posted November 20, 2021 Share Posted November 20, 2021 3 hours ago, Mucker1884 said: Understood, buddy! ?? Get a room ? Link to comment Share on other sites More sharing options...
ramswriter podcast Posted November 20, 2021 Share Posted November 20, 2021 Struggling to breakdown the statement of affairs Rams fan and accountant Ian Redfearn has made it simple for all #dcfc #dcfcfans https://www.dcfcbawt.org/post/statement-of-affairs-or-statement-of-financial-mismanagement rammieib, I know nuffin and Derby4Me 1 2 Link to comment Share on other sites More sharing options...
i-Ram Posted November 20, 2021 Share Posted November 20, 2021 What a lovely heart warming development. Good old David, or Davido as he is known to his African followers. https://www.bbc.co.uk/news/world-africa-59359973 Link to comment Share on other sites More sharing options...
Charlie George Posted November 20, 2021 Share Posted November 20, 2021 I've seen the cost of expenditure on here. Before I donate I'd like to know what revenue it generates. Link to comment Share on other sites More sharing options...
ossieram Posted November 20, 2021 Share Posted November 20, 2021 (edited) 4 minutes ago, Charlie George said: I've seen the cost of expenditure on here. Before I donate I'd like to know what revenue it generates. Why? Do you ask primark to disclose their profits before buying more leggings? Edited November 20, 2021 by ossieram Mucker1884, Comrade 86, i-Ram and 5 others 1 7 Link to comment Share on other sites More sharing options...
i-Ram Posted November 20, 2021 Share Posted November 20, 2021 25 minutes ago, ramswriter podcast said: Struggling to breakdown the statement of affairs Rams fan and accountant Ian Redfearn has made it simple for all #dcfc #dcfcfans https://www.dcfcbawt.org/post/statement-of-affairs-or-statement-of-financial-mismanagement https://www.dcfcbawt.org/post/statement-of-affairs-or-statement-of-financial-mismanagement Link to comment Share on other sites More sharing options...
Charlie George Posted November 20, 2021 Share Posted November 20, 2021 (edited) 12 minutes ago, ossieram said: Why? Do you ask primark to disclose their profits before buying more leggings? I'd willingly donate,but I'd like to know what revenue it generates and profit margins first. Edited November 20, 2021 by ThePrisoner Link to comment Share on other sites More sharing options...
i-Ram Posted November 20, 2021 Share Posted November 20, 2021 (edited) 6 minutes ago, Charlie George said: I'd willingly donate,but I'd like to know what revenue it generates and profit margins first. So, to be clear, you won’t willingly donate. You first want a breakdown of how much money David spends on Peroni and hair grooming products. Edited November 20, 2021 by ThePrisoner Edit quote Day, Mucker1884, rammieib and 3 others 2 1 3 Link to comment Share on other sites More sharing options...
kevinhectoring Posted November 20, 2021 Share Posted November 20, 2021 6 hours ago, simmoram1995 said: Well I’ve been going through the new documents with an accountant friend of mine and although it looked grim at first a large chunk of that isn’t as bad as first thought. He said most of what we owe is share premium which won’t need to be paid back to in theory what we owe in practical terms is the £26m to HMRC , £300,000 to Employees and the £20M to MSD = around £50 m in debt we must pay assets total £64 m but we value club a slight down value at £50 M = that’s without the stadium as with the stadium the club is surplus £100 M valuation so what I reckon the deal is really worth to Kirchner and co is approximately £ 50M assets +£ 50 m debt + stadium either given by Mel or vastly reduced sum so the final deal for Derby will be £100M + Don’t think you value football clubs on the supposed value of net assets. I think it’s more about cash flows Link to comment Share on other sites More sharing options...
ck- Posted November 20, 2021 Share Posted November 20, 2021 Regular donation set up. It’s well worth it. I donated a while ago which removed all ads for me. Very happy to help this excellent site keep going. Link to comment Share on other sites More sharing options...
Boycie Posted November 20, 2021 Share Posted November 20, 2021 22 minutes ago, i-Ram said: So, to be clear, you won’t willingly donate. You first want a breakdown of how much money David spends on Peroni and hair grooming products. I can provide info on one of the items. angieram and I know nuffin 2 Link to comment Share on other sites More sharing options...
i-Ram Posted November 20, 2021 Share Posted November 20, 2021 5 minutes ago, Boycie said: I can provide info on one of the items. Is it his curling tongs? Derby4Me and Boycie 2 Link to comment Share on other sites More sharing options...
G STAR RAM Posted November 20, 2021 Share Posted November 20, 2021 3 hours ago, kevinhectoring said: MSD is a good deal more I think. The stadium owning company also borrowed from them and the club guaranteed the debt. Doubt HMRC will be paid in full but who knows how much Kirchner is willing to pay .... Its stated on the creditors list at £20m and ties in with what was said about £16m being borrowed during Covid and a further £4m this season. Link to comment Share on other sites More sharing options...
kevinhectoring Posted November 20, 2021 Share Posted November 20, 2021 30 minutes ago, G STAR RAM said: Its stated on the creditors list at £20m and ties in with what was said about £16m being borrowed during Covid and a further £4m this season. Yes I agree and it also fits in with the MSD statement that they lent 18m to the club. But I think they also financed (or refinanced) some of the debt in Gellaw 202 (the company which bought the stadium). Only mention it because if the purchaser is going to get the stadium freehold, any debt on 202 will need to be repaid. Link to comment Share on other sites More sharing options...
G STAR RAM Posted November 20, 2021 Share Posted November 20, 2021 1 hour ago, Charlie George said: I'd willingly donate,but I'd like to know what revenue it generates and profit margins first. Is this dcfcfans or Dragons Den? Derby4Me, Day, Gisby and 1 other 4 Link to comment Share on other sites More sharing options...
Day Posted November 20, 2021 Share Posted November 20, 2021 2 hours ago, Ghost of Clough said: Our friend over in Bristol has had his say on it in the past ? I was sent the link to it a few weeks ago, something along the lines of should send it to Steve Gibson, give him another stick to beat the club with. That guy is a tool of the highest order, just pips Steve Gibson himself to the top spot on the ****** ladder. Ghost of Clough 1 Link to comment Share on other sites More sharing options...
Sparkle Posted November 20, 2021 Share Posted November 20, 2021 11 hours ago, Mucker1884 said: £4,800 to The EFL! They can go swivel! ? Don’t they owe us £100,000 Link to comment Share on other sites More sharing options...
I know nuffin Posted November 20, 2021 Share Posted November 20, 2021 I am new to this but from what I can see David and the mods do a great job. There are fees to pay and the cash has to come from somewhere. If not enough comes in you will be sat there looking at a blank screen, if more than enough comes in does anybody begrudge David a d the mods the odd or even tipple. They must spend countless hours a day on here and will be lucky to see a fee pence for their time. Well worth it r_wilcockson and Tyler Durden 1 1 Link to comment Share on other sites More sharing options...
Mucker1884 Posted November 20, 2021 Share Posted November 20, 2021 2 hours ago, Ellafella said: Get a room ? We have... we're away in a Liverpool hotel for the weekend! ? Day 1 Link to comment Share on other sites More sharing options...
Day Posted November 20, 2021 Share Posted November 20, 2021 1 hour ago, Charlie George said: I'd willingly donate,but I'd like to know what revenue it generates and profit margins first. Well today we have received £270 worth of donations before PayPal fees which is incredible, I honestly can't thank members enough. I have just filed the 20/21 tax year accounts last week for the forum, can send you a copy if you like? Gritstone Ram 1 Link to comment Share on other sites More sharing options...
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