Tamworthram Posted March 30, 2022 Share Posted March 30, 2022 47 minutes ago, Warwick Ram said: Someone once told me on here that Mel was not an asset stripper. Well he clearly is / was. He has stripped us of of biggest asset, the stadium, and appears to now be holding us / new owners to random to clear his debts. I look forward to the wake in the summer when the club is liquidated. Can Mel be the guess speaker Nice to know you’re looking forward to it. Link to comment Share on other sites More sharing options...
FlyBritishMidland Posted March 30, 2022 Share Posted March 30, 2022 (edited) 1 hour ago, rsmini said: Yes it was a very interesting listen. He suggested the administrators should take whatever comes in to get the issue resolved. Hinting that the Binnie offer shouldn’t have been turned down He did hint at that, but bearing in mind the stadium value it was probably unworkable. Interesting that he also said ignore comments by rejected bidders as it’s sour grapes. Did say that the only mistake Quantuma made was not insisting PP was put in admin too as it would be so much easier. But that would rely on MM agreeing / doing that. Edited March 30, 2022 by FlyBritishMidland rsmini 1 Link to comment Share on other sites More sharing options...
RipleyRich Posted March 30, 2022 Share Posted March 30, 2022 3 hours ago, TheresOnlyWanChope said: Morris has to be realistic. Regardless of the stadium’s value, he has put the club in administration and the club has accumulated massive debt Under his tenure. It will probably get to the stage where he has no choice but to take a bigger hit on the stadium value to save the club from liquidation. But, what value could he get from the Stadium and land by redevelopment should the club liquidate? If that's £22m or more, I don't see him taking a loss in order for the club to survive. I'm not convinced he cares THAT much. Link to comment Share on other sites More sharing options...
eccles the ram Posted March 30, 2022 Share Posted March 30, 2022 Mel Morris - For the love of God man! This Friday do the RIGHT thing and give us back our THEATRE OF DREAMS! You are breaking the hearts of 1000s of us! DO THE RIGHT THING!! UTR David Graham Brown, Derby4Me, RAM1966 and 3 others 3 3 Link to comment Share on other sites More sharing options...
TheresOnlyWanChope Posted March 30, 2022 Share Posted March 30, 2022 Has Morris got a £20 mil loan he has to pay off? I would say everything seems very worrying because while things may not move without Morris taking a cut, perhaps he can’t because he has the loan to pay off and is writing off other loans. In which case, nothing will be sorted unless a bidder offers more. Tamworthram 1 Link to comment Share on other sites More sharing options...
TheresOnlyWanChope Posted March 30, 2022 Share Posted March 30, 2022 7 minutes ago, RipleyRich said: But, what value could he get from the Stadium and land by redevelopment should the club liquidate? If that's £22m or more, I don't see him taking a loss in order for the club to survive. I'm not convinced he cares THAT much. That’s another worrying thought Link to comment Share on other sites More sharing options...
Gaspode Posted March 30, 2022 Share Posted March 30, 2022 20 minutes ago, MackworthRamIsGod said: Yet true. Link to comment Share on other sites More sharing options...
Eatonram Posted March 30, 2022 Share Posted March 30, 2022 22 minutes ago, RipleyRich said: But, what value could he get from the Stadium and land by redevelopment should the club liquidate? If that's £22m or more, I don't see him taking a loss in order for the club to survive. I'm not convinced he cares THAT much. why buy that brownfield site with all the demolition costs when you could buy another cleared site RAM1966 1 Link to comment Share on other sites More sharing options...
EnigmaRam Posted March 30, 2022 Share Posted March 30, 2022 Let’s face it, the only thing worth any value to a buyer is the stadium. It’s worth more than they’d pay. The training ground isn’t owned. The academy is just a cash sponge you need to pay around £7 mil a year to fund with very little return. The playing squad is threadbare and will only become less of an asset after this season. Why anyone would want to spend £50 mil for it is beyond me. I just really hope someone does! Link to comment Share on other sites More sharing options...
PistoldPete Posted March 30, 2022 Share Posted March 30, 2022 20 minutes ago, TheresOnlyWanChope said: Has Morris got a £20 mil loan he has to pay off? I would say everything seems very worrying because while things may not move without Morris taking a cut, perhaps he can’t because he has the loan to pay off and is writing off other loans. In which case, nothing will be sorted unless a bidder offers more. It isn’t actually his loan it is Derby’s loan secured against PPS. Which limits what you can do with PPS. Link to comment Share on other sites More sharing options...
Eatonram Posted March 30, 2022 Share Posted March 30, 2022 Why do so many posters on here never see the big positive of DCFC and that is our income potential of c£30m per annum? So many look at the costs as if they are not/cannot be offset. Outside the Prem we have one of the best income potentials. People say we will have the costs of assembling a new squad. True. But we will not be paying fees (I doubt). The future for most Clubs ATM will be frees and out of contracts on much lower wages than we have seen in the past. Even if in the Champ next year I would be amazed if the average player sal at DCFC is not below £10k. We can be run in the foreseeable future, within our income or very close. If the stadium issue is resolved to the satisfaction of a bidder, and IF we avoid the -15 points our future can be fairly positive even if we start the next chapter in L1 Carnero 1 Link to comment Share on other sites More sharing options...
ram59 Posted March 30, 2022 Share Posted March 30, 2022 54 minutes ago, rammieib said: Would you pay £50m for a business that is losing £5-10m a year? It appears that people are queuing up to pay £3bn for Chelsea who lost £145M last year, in a year where they finished towards the top of the premier league and won the Champions League, there's not much more they can do to improve their turnover. At least with Derby, there is plenty of scope for improving their profitability. If Derby could reduce their overheads to that of preston, then we would be well in profit if we maintained our current turnover. Eatonram, r_wilcockson and ariotofmyown 2 1 Link to comment Share on other sites More sharing options...
EraniosSocks Posted March 30, 2022 Share Posted March 30, 2022 Never got why we haven’t had a fundraiser just to try make a bit of cash to get the stadium or help (towards the cost for the new owner) but essentially I just want to say f”ck you Mel. Link to comment Share on other sites More sharing options...
ilkleyram Posted March 30, 2022 Share Posted March 30, 2022 54 minutes ago, MackworthRamIsGod said: If Derby County was a drawing man, Mel Morris is a life guard holding the life ring and a foot placed on the man's head. In sorting the Boro issue out, the least he should do, he eased his foot off the man's head. The crowds of people clapped as this hero goes one step closer to saving the mans life. Now all he needs to do is throw the life ring and stop the man from drowning. But then again, why should he, weren't his fault he fell in was it ? Typical Mel - brought a life ring when all he needed was a pencil and rubber ariotofmyown, Hans Datdo-Dishes, MackworthRamIsGod and 1 other 1 3 Link to comment Share on other sites More sharing options...
TheresOnlyWanChope Posted March 30, 2022 Share Posted March 30, 2022 15 minutes ago, PistoldPete said: It isn’t actually his loan it is Derby’s loan secured against PPS. Which limits what you can do with PPS. So someone has to pay that off regardless Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted March 30, 2022 Share Posted March 30, 2022 30 minutes ago, Gaspode said: That'll be you on a Saturday when you realise you have no more excuses, you will have to do that decorating that you promised all those years. Either that or go watch Sevco AFC Derby County FC. Link to comment Share on other sites More sharing options...
Sparkle Posted March 30, 2022 Share Posted March 30, 2022 Blindingly obvious any buyer wants some equity if they are paying £30 million for 5 contracted players so the ground has to be balanced into that fee MM made this mess and only MM can sort it out - if he had not put us into Administration he probably could have sold the club with the stadium as a championship club to the likes of your Ashley or Appleby. MM mistakes put us in this position yet us supporters get to be the main ones suffering, sort it out MM or things start getting very difficult for you I suspect in so many ways that I don’t wish to even think about. Derby4Me, RammingStone66, r_wilcockson and 2 others 3 2 Link to comment Share on other sites More sharing options...
TheresOnlyWanChope Posted March 30, 2022 Share Posted March 30, 2022 16 minutes ago, Eatonram said: Why do so many posters on here never see the big positive of DCFC and that is our income potential of c£30m per annum? So many look at the costs as if they are not/cannot be offset. Outside the Prem we have one of the best income potentials. People say we will have the costs of assembling a new squad. True. But we will not be paying fees (I doubt). The future for most Clubs ATM will be frees and out of contracts on much lower wages than we have seen in the past. Even if in the Champ next year I would be amazed if the average player sal at DCFC is not below £10k. We can be run in the foreseeable future, within our income or very close. If the stadium issue is resolved to the satisfaction of a bidder, and IF we avoid the -15 points our future can be fairly positive even if we start the next chapter in L1 Can’t be that positive as Morris has been continually trying to sell the club for a very long time with no movement. I think the debts are crippling. Maybe without that tax bill there would be a much bigger queue. Derby County is still a big name and can generate income but I think the stories of buyers being put off are all accurate. Hopefully a good resolution can be found - think it will involve Morris lowering demands. jimtastic56, r_wilcockson and Derby4Me 2 1 Link to comment Share on other sites More sharing options...
Dean (hick) Saunders Posted March 30, 2022 Share Posted March 30, 2022 …# And Now… The End Is Near…. And So I Face… The Final Curtain…..# jimtastic56 and David Graham Brown 2 Link to comment Share on other sites More sharing options...
Yani P Posted March 30, 2022 Share Posted March 30, 2022 2 hours ago, TheresOnlyWanChope said: Buyers probably would only take DCFC with Pride Park. They call him a lifelong Derby fan...well that's BS for starters... Link to comment Share on other sites More sharing options...
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