Barney1991 Posted January 4, 2022 Share Posted January 4, 2022 1 hour ago, Carl Sagan said: Sure £30m is the full offer. A significant valuation for a League One club in waiting. Now the administrators have turned Kirchner down it suggests to me that they will have to sell players to reduce the debt. Nixon says there isn't enough money in the kitty to keep the club running through until the next window without a buyer, so it's sell in January or never. Don’t forget the 30 million is just for the club as the stadium is separate so possibly 30 million for club will pay hmrc and other creditors and then 20 million for the stadium pays off msd so will be 50 million altogether. The football creditors etc arsenal and whoever else have to be paid in full within 2 years is it so we could pay them possibly in the summer with selling players hopefully is brought jimtastic56 1 Link to comment Share on other sites More sharing options...
PistoldPete Posted January 4, 2022 Share Posted January 4, 2022 12 minutes ago, Barney1991 said: Don’t forget the 30 million is just for the club as the stadium is separate so possibly 30 million for club will pay hmrc and other creditors and then 20 million for the stadium pays off msd so will be 50 million altogether. The football creditors etc arsenal and whoever else have to be paid in full within 2 years is it so we could pay them possibly in the summer with selling players hopefully is brought Or we sell Bielik back to Arsenal and call it quits. Rammeister and jimtastic56 2 Link to comment Share on other sites More sharing options...
Topram Posted January 4, 2022 Share Posted January 4, 2022 Not very imminent is it Tamworthram and jimtastic56 1 1 Link to comment Share on other sites More sharing options...
ThePrisoner Posted January 4, 2022 Share Posted January 4, 2022 7 minutes ago, Topram said: Not very imminent is it Maybe not, but this is the 4th working day since they announced it. Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted January 4, 2022 Share Posted January 4, 2022 Didn't CK say he'd bid £60m? Always possible that was a slight of hand and "could have been upto £60m" but realistically £25m to the administrators, making £30m a lot better but still not good enough to sell to the creditors. Link to comment Share on other sites More sharing options...
Grumpy Git Posted January 4, 2022 Share Posted January 4, 2022 2 minutes ago, ThePrisoner said: Maybe not, but this is the 4th working day since they announced it. Don't know about you, but I haven't done a tap since about 17th Dec.? jimtastic56 1 Link to comment Share on other sites More sharing options...
Maharan Posted January 4, 2022 Share Posted January 4, 2022 43 minutes ago, Barney1991 said: Don’t forget the 30 million is just for the club as the stadium is separate so possibly 30 million for club will pay hmrc and other creditors and then 20 million for the stadium pays off msd so will be 50 million altogether. The football creditors etc arsenal and whoever else have to be paid in full within 2 years is it so we could pay them possibly in the summer with selling players hopefully is brought £30 million won’t pay of the football creditors and HMRC unless they’ve agreed to a substantial discount, never mind the other creditors jimtastic56 1 Link to comment Share on other sites More sharing options...
ilkleyram Posted January 4, 2022 Share Posted January 4, 2022 12 minutes ago, RadioactiveWaste said: Didn't CK say he'd bid £60m? Always possible that was a slight of hand and "could have been upto £60m" but realistically £25m to the administrators, making £30m a lot better but still not good enough to sell to the creditors. Over two years I think. Or £30m this year. Maybe that’s about the going rate. RadioactiveWaste 1 Link to comment Share on other sites More sharing options...
Maharan Posted January 4, 2022 Share Posted January 4, 2022 11 minutes ago, ilkleyram said: Over two years I think. Or £30m this year. Maybe that’s about the going rate. I have no idea what the going rate is, but it’s interesting to note Southampton, an established premier league club, who own their own stadium, were today bought for £100 million. it kind of puts into perspective the Challenges in getting things sorted at Derby. RadioactiveWaste 1 Link to comment Share on other sites More sharing options...
Gringo Posted January 4, 2022 Share Posted January 4, 2022 29 minutes ago, Grumpy Git said: Don't know about you, but I haven't done a tap since about 17th Dec.? 3 minutes ago, Maharan said: I have no idea what the going rate is, but it’s interesting to note Southampton, an established premier league club, who own their own stadium, were today bought for £100 million. it kind of puts into perspective the Challenges in getting things sorted at Derby. Southampton were sold for £100 million in cash and the new buyer another east European assumed £105 million of debt so the effective sale price was £205 million, also of note was that some of that debt was owned by MSD Tamworthram, Carnero and whiteroseram 3 Link to comment Share on other sites More sharing options...
sonofmidnight Posted January 4, 2022 Share Posted January 4, 2022 I think the administrators need to look the word imminent up in a dictionary! Topram, jimtastic56 and Dethorn 1 2 Link to comment Share on other sites More sharing options...
Gee SCREAMER !! Posted January 4, 2022 Share Posted January 4, 2022 11 minutes ago, Maharan said: £30 million won’t pay of the football creditors and HMRC unless they’ve agreed to a substantial discount, never mind the other creditors HMRC will agree a payment plan based on a 40% up front payment of what's agreed with a two year payment plan to follow. Other creditors -rightly or wrongly will agree less. Football creditors will push for more. 30 million will probably swing it with payment plan unless Morris wants some. Wouldn't be surprised to see a couple go for frees- big earners to make the wage bill manageable on a monthly basis and others - cash to reduce liability prior to the finalising of a sale. Think that was obvious from December though. It will be tight though and for the next few years it will be loans and frees if that's the best offer. Link to comment Share on other sites More sharing options...
Ram-Alf Posted January 4, 2022 Share Posted January 4, 2022 2 minutes ago, Charlotte Ram said: Southampton were sold for £100 million in cash and the new buyer another east European assumed £105 million of debt so the effective sale price was £205 million, also of note was that some of that debt was owned by MSD Several Premier clubs owe MSD money, They borrow against next years Premiership payout, The alledged best league in the world maybe aint what we're led to believe ? jimtastic56, GboroRam and jono 1 2 Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted January 4, 2022 Share Posted January 4, 2022 Link to comment Share on other sites More sharing options...
Mick Harford Posted January 4, 2022 Share Posted January 4, 2022 The Southampton figure is also 'only' 80% of the club, the Liebherr family still hold 20%, interestingly the family had a caveat and veto over who Gao Jisheng could sell to, presumably to avoid another Wigan fiasco. Slight difference, very slight in fact, but my Southampton mate who runs their website and often writes for the Guardian about Saints has said: The £100m is for Gao Jisheng's 80% (He paid £180m for that, money leveraged from his Chinese companies) the new Serbian owners have also taken on a £90m loan from MSD which was taken out by Gao to cover pandemic costs. The money is Serbian, but teh driving force is Rasmus Ankersen the former DOF at Brentford. So as @CBRammettesays it's essentially £200m for 80% of a club. Makes Derby cheap at half (the speculated) price(s) I know nuffin 1 Link to comment Share on other sites More sharing options...
CBRammette Posted January 4, 2022 Share Posted January 4, 2022 9 minutes ago, Mick Harford said: The Southampton figure is also 'only' 80% of the club, the Liebherr family still hold 20%, interestingly the family had a caveat and veto over who Gao Jisheng could sell to, presumably to avoid another Wigan fiasco. Slight difference, very slight in fact, but my Southampton mate who runs their website and often writes for the Guardian about Saints has said: The £100m is for Gao Jisheng's 80% (He paid £180m for that, money leveraged from his Chinese companies) the new Serbian owners have also taken on a £90m loan from MSD which was taken out by Gao to cover pandemic costs. The money is Serbian, but teh driving force is Rasmus Ankersen the former DOF at Brentford. So as @CBRammettesays it's essentially £200m for 80% of a club. Makes Derby cheap at half (the speculated) price(s) Dont think I did!! Link to comment Share on other sites More sharing options...
B4ev6is Posted January 4, 2022 Share Posted January 4, 2022 49 minutes ago, Maharan said: £30 million won’t pay of the football creditors and HMRC unless they’ve agreed to a substantial discount, never mind the other creditors We owe tax people 26m mate not 30m. Link to comment Share on other sites More sharing options...
Mick Harford Posted January 4, 2022 Share Posted January 4, 2022 2 minutes ago, CBRammette said: Don't think I did!! Me being daft, was @Charlotte Ram Link to comment Share on other sites More sharing options...
Barney1991 Posted January 4, 2022 Share Posted January 4, 2022 36 minutes ago, Maharan said: I have no idea what the going rate is, but it’s interesting to note Southampton, an established premier league club, who own their own stadium, were today bought for £100 million. it kind of puts into perspective the Challenges in getting things sorted at Derby. Plus they have 85 million of debt on top of the 100 million Link to comment Share on other sites More sharing options...
Crewton Posted January 4, 2022 Share Posted January 4, 2022 Serbian money? Get the washing machine cranked up..... Derby4Me, jimtastic56 and JuanFloEvraTheCocu'sNesta 3 Link to comment Share on other sites More sharing options...
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