Van der MoodHoover Posted June 23, 2022 Share Posted June 23, 2022 7 minutes ago, Curtains said: The Clowes group are wealthy . Anyhow I hope it happens Goodnight folks Net assets c 250m according to latest accounts. Turnover sub 100m It's profitable and a nice business but I wouldn't say wealthy. Not much bigger than dcfc in terms of turnover. Owning Derby would soon chew through those net assets. Its about half a MM, or 20 Anyas...... rammieib 1 Link to comment Share on other sites More sharing options...
Gone Posted June 23, 2022 Share Posted June 23, 2022 I just hope he buys a centre forward Link to comment Share on other sites More sharing options...
twelveincher Posted June 23, 2022 Share Posted June 23, 2022 3 minutes ago, Kernow said: Whilst this is obviously looking like more positive news than anything, there are some questions. There was an article in 2018 in the Leicester Mercury that I've found online which listed the richest businessmen in the East Midlands. Clowes is 19th with £252mil (for reference, MM was 11th at £500mil at this time). So he's clearly been a very wealthy man for a long time. He's apparently a lifelong Derby fan. We've been in administration for 9 months. Why has it taken this long for him reach this stage? Is it because Kirchner's false promises eclipsed any other realistic interest? Or is literally everybody involved determined to squeeze every last possible drop out of this deal? I sincerely hope the interest is genuine and successful, and by the sounds of it, we'll know either way in a very short period of time. If we can complete a takeover before the end of June when the contracts expire, then that'll be excellent news and still give us the possibility of giving this season a shot. Maybe he didn’t want to have to do this, but we’re so close to the brink he doesn’t have a choice now. I’ll back him all the way if he saves us, no matter how long it took for him to become a front runner. Sean, Carnero, Will Hughes Hair and 3 others 3 3 Link to comment Share on other sites More sharing options...
Animal is a Ram Posted June 23, 2022 Share Posted June 23, 2022 RoyMac5, w8sey, r_wilcockson and 2 others 3 2 Link to comment Share on other sites More sharing options...
BodminRam Posted June 23, 2022 Share Posted June 23, 2022 DCs Dcfc cool Link to comment Share on other sites More sharing options...
TooFarInToTurnRed Posted June 23, 2022 Share Posted June 23, 2022 2 minutes ago, Norman said: Also had an estimated wealth of 252 million in 2018. Adding 50 million quid on from the previous year. Property developers like Kirkland seemed to have made money through the pandemic too. I'd like to think he's amassed North of 300 million by now. Obviously not all spare cash. I'd say he has the money to finance a League One promotion and then a lower to mid table Championship club. Which will do. The problem is that additional wealth is unlikely to be liquid and only becomes tangible by selling all or part of the family business. Link to comment Share on other sites More sharing options...
ThePrisoner Posted June 23, 2022 Share Posted June 23, 2022 8 minutes ago, Caerphilly Ram said: He’s already shown his commitment after “beating off” the other three interested parties Now I understand why Appleby was in the ‘final strokes’ jimtastic56, andyburton72 and Caerphilly Ram 1 2 Link to comment Share on other sites More sharing options...
24Charlie Posted June 23, 2022 Share Posted June 23, 2022 He’s a property developer. Just watch PP plaza fly up now. RAM1966, JoetheRam, JimmyDCFC1 and 3 others 3 1 2 Link to comment Share on other sites More sharing options...
Norman Posted June 23, 2022 Share Posted June 23, 2022 Just now, TooFarInToTurnRed said: The problem is that additional wealth is unlikely to be liquid and only becomes tangible by selling all or part of the family business. Obviously. i-Ram 1 Link to comment Share on other sites More sharing options...
TheDeadlySaul Posted June 23, 2022 Share Posted June 23, 2022 Watch his money get stuck in the Derwent. SaffyRam, Ram-Alf, Mostyn6 and 3 others 1 5 Link to comment Share on other sites More sharing options...
Rammy03 Posted June 23, 2022 Share Posted June 23, 2022 Just now, TooFarInToTurnRed said: The problem is that additional wealth is unlikely to be liquid and only becomes tangible by selling all or part of the family business. Mike Ashley would also have to sell the sports direct shares to fund the club Link to comment Share on other sites More sharing options...
DCFC1388 Posted June 23, 2022 Share Posted June 23, 2022 Great initials for starters. I think right now we just need anyone to take us over and get us out of admin, even if he ends up selling up in 1-2 years time I would think/hope it would be with us in a better position archram, Miggins and Jackal 1 2 Link to comment Share on other sites More sharing options...
AndyinLiverpool Posted June 23, 2022 Share Posted June 23, 2022 1 minute ago, TooFarInToTurnRed said: The problem is that additional wealth is unlikely to be liquid and only becomes tangible by selling all or part of the family business. DCFC is the family business now Link to comment Share on other sites More sharing options...
Caerphilly Ram Posted June 23, 2022 Share Posted June 23, 2022 1 minute ago, ThePrisoner said: Now I understand why Appleby was in the ‘final strokes’ Ah yes, never said who was administering said strokes Link to comment Share on other sites More sharing options...
I8Forest78 Posted June 23, 2022 Share Posted June 23, 2022 Could DC be the money involved with Appleby??Not sure if they have any history together??COYR??? Link to comment Share on other sites More sharing options...
CBX1985 Posted June 23, 2022 Share Posted June 23, 2022 6 minutes ago, Van der MoodHoover said: Net assets c 250m according to latest accounts. Turnover sub 100m It's profitable and a nice business but I wouldn't say wealthy. Not much bigger than dcfc in terms of turnover. Owning Derby would soon chew through those net assets. Its about half a MM, or 20 Anyas...... Turnover is vanity; profit is sanity. Boycie, EtoileSportiveDeDerby, gfs1ram and 2 others 5 Link to comment Share on other sites More sharing options...
duncanjwitham Posted June 23, 2022 Share Posted June 23, 2022 8 minutes ago, RoyMac5 said: I thought the exclusivity thing had been ditched and it was 'best and final' bid? No wonder everyone thinks Q are absolute ....ers. Presumably this was the best of the final bids. At some point they are going to have to give exclusivity to someone - no bidder is going to start forking out for legal fees and stuff unless they have some guarantees. In and done within a week is *much* shorter than the exclusivity period Kirchner was given. RoyMac5, Carnero, FlyBritishMidland and 2 others 4 1 Link to comment Share on other sites More sharing options...
Caerphilly Ram Posted June 23, 2022 Share Posted June 23, 2022 1 minute ago, duncanjwitham said: Presumably this was the best of the final bids. At some point they are going to have to give exclusivity to someone - no bidder is going to start forking out for legal fees and stuff unless they have some guarantees. In and done within a week is *much* shorter than the exclusivity period Kirchner was given. Clowes also has the advantage of being close to part of the process already, allegedly being close to owning Pride Park alongside the failed CK bid he/his legal team will have done a massive amount of due diligence on the stadium deal already SaffyRam, Miggins, Carnero and 1 other 1 3 Link to comment Share on other sites More sharing options...
Boycie Posted June 23, 2022 Author Share Posted June 23, 2022 18 minutes ago, Curtains said: The Clowes group are wealthy . Anyhow I hope it happens Goodnight folks Good night mate, you’ve got some else to champion now. Let’s hope it’s sorted soon. Link to comment Share on other sites More sharing options...
Norman Posted June 23, 2022 Share Posted June 23, 2022 Anyone else get the feeling Chris Kirchner will have a substantial share of us in 3-6 months time? RoyMac5, Phuket Ram, gfs1ram and 2 others 3 2 Link to comment Share on other sites More sharing options...
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