Dean (hick) Saunders Posted June 30, 2022 Share Posted June 30, 2022 What we going to talk about next folks? Link to comment Share on other sites More sharing options...
Mucker1884 Posted June 30, 2022 Share Posted June 30, 2022 24 minutes ago, Curtains said: I wish you all the best David The likeness is uncanny! ThePrisoner 1 Link to comment Share on other sites More sharing options...
Ghost of Clough Posted June 30, 2022 Share Posted June 30, 2022 5 minutes ago, duncanjwitham said: Is that a guess (from Companies House filings?) or has there been an announcement anywhere? He's the MD of Clowes Developments, so I'm not sure either the club or Clowes would want him splitting duties. Just a guess Link to comment Share on other sites More sharing options...
DerbyPride Posted June 30, 2022 Share Posted June 30, 2022 I don't know if anyone's said this yet (I haven't read the whole thread) but Liam Rosenior is on TalkSport yesterday at 11:30. Indy, DCFC1388, ThePrisoner and 14 others 1 1 15 Link to comment Share on other sites More sharing options...
WarneOut Posted June 30, 2022 Share Posted June 30, 2022 4 minutes ago, Gritstone Ram said: Ahh! You had me confused then. So I am pronouncing it right when I say Clowes. Nailed it. Link to comment Share on other sites More sharing options...
IslandExile Posted June 30, 2022 Share Posted June 30, 2022 11 minutes ago, wombatram said: Anyone not just a little curious that this has been completed very quickly? Presumably because a lot of the details have been thrashed out over the past few months and as part of the Kirchner "deal". Caerphilly Ram and RadioactiveWaste 2 Link to comment Share on other sites More sharing options...
Chopper Posted June 30, 2022 Share Posted June 30, 2022 3 minutes ago, DerbyPride said: I don't know if anyone's said this yet (I haven't read the whole thread) but Liam Rosenior is on TalkSport yesterday at 11:30. Link to comment Share on other sites More sharing options...
LazloW Posted June 30, 2022 Share Posted June 30, 2022 What I find most surprising about all this is how Mr Clowes has managed to persuade his board of directors (assuming there is one) that it’s a good idea for a decent sized developer to buy a failing football club (aka a money pit). Maybe the company is set up so that he makes all the decisions and the buck stops with him (I don’t know a lot about how private businesses like this are run), but even if this were the case, his accountants must be telling him it’s a risky business. Must be a very big fan to risk the family legacy! We’ve seen before how the siren-call of buying the club you support has seduced many a wealthy man and turned them poor. But they were - presumably- generally using their own money. This is a business buying the club. Might this mean a more sensible approach to expenditure (aka a few years of stabilisation and transition… which isn’t necessarily a bad thing)? I’m not knocking him; very grateful. Just surprising, is all. jimtastic56, David Graham Brown and RadioactiveWaste 1 2 Link to comment Share on other sites More sharing options...
duncanjwitham Posted June 30, 2022 Share Posted June 30, 2022 1 minute ago, Ghost of Clough said: Just a guess Fair enough. I could see him (or someone like him) taking the job temporarily - the whole process has been rushed, so it's quite possible Clowes hasn't had chance to even think about appointments yet. But I don't see how he can do the job at the same time as his current job full time, and I don't see him leaving that job for this one. Ghost of Clough 1 Link to comment Share on other sites More sharing options...
Crewton Posted June 30, 2022 Share Posted June 30, 2022 24 minutes ago, Curtains said: Is that Festy responding to the last call for the early flight to Trieste? David Graham Brown, Curtains, Miggins and 3 others 6 Link to comment Share on other sites More sharing options...
Mucker1884 Posted June 30, 2022 Share Posted June 30, 2022 Premier ram, jimtastic56, David Graham Brown and 1 other 4 Link to comment Share on other sites More sharing options...
Carnero Posted June 30, 2022 Share Posted June 30, 2022 19 minutes ago, Ghost of Clough said: Clowes' right hand man, Ian Dickinson, will likely be the CEO I highly doubt it, certainly not for the long-term, Clowes Developments is a far bigger business than DCFC so it will likely be external appointments who ultimately run the club. People won't like it but I wouldn't be surprised to see Stephen Pearce retained for at least the first few months. Premier ram, jimtastic56 and Ghost of Clough 2 1 Link to comment Share on other sites More sharing options...
Crewton Posted June 30, 2022 Share Posted June 30, 2022 I'm going to keep refreshing this page until the Clowes come home. archram, Scott129, jono and 10 others 1 2 10 Link to comment Share on other sites More sharing options...
WarneOut Posted June 30, 2022 Share Posted June 30, 2022 2 minutes ago, LazloW said: What I find most surprising about all this is how Mr Clowes has managed to persuade his board of directors (assuming there is one) that it’s a good idea for a decent sized developer to buy a failing football club (aka a money pit). Maybe the company is set up so that he makes all the decisions and the buck stops with him (I don’t know a lot about how private businesses like this are run), but even if this were the case, his accountants must be telling him it’s a risky business. Must be a very big fan to risk the family legacy! We’ve seen before how the siren-call of buying the club you support has seduced many a wealthy man and turned them poor. But they were - presumably- generally using their own money. This is a business buying the club. Might this mean a more sensible approach to expenditure (aka a few years of stabilisation and transition… which isn’t necessarily a bad thing)? I’m not knocking him; very grateful. Just surprising, is all. The Clowes Trust own 75% of the shares in the company and can remove any of the Directors of Clowes Development, without approval from the other directors... NegativeCreep 1 Link to comment Share on other sites More sharing options...
Carnero Posted June 30, 2022 Share Posted June 30, 2022 5 minutes ago, LazloW said: What I find most surprising about all this is how Mr Clowes has managed to persuade his board of directors (assuming there is one) that it’s a good idea for a decent sized developer to buy a failing football club (aka a money pit). Maybe the company is set up so that he makes all the decisions and the buck stops with him (I don’t know a lot about how private businesses like this are run), but even if this were the case, his accountants must be telling him it’s a risky business. Must be a very big fan to risk the family legacy! We’ve seen before how the siren-call of buying the club you support has seduced many a wealthy man and turned them poor. But they were - presumably- generally using their own money. This is a business buying the club. Might this mean a more sensible approach to expenditure (aka a few years of stabilisation and transition… which isn’t necessarily a bad thing)? I’m not knocking him; very grateful. Just surprising, is all. In all fairness, they are also buying a piece of real estate with an independant valuation of over £80m for a total cost of £45m ish (including the club). No need to be a money pit if they run things sensibly. Crewton, Kathcairns, Caerphilly Ram and 1 other 2 2 Link to comment Share on other sites More sharing options...
Ram-Alf Posted June 30, 2022 Share Posted June 30, 2022 17 minutes ago, Kinder said: That was my inspiration Kinder? Kinder 1 Link to comment Share on other sites More sharing options...
Eatonram Posted June 30, 2022 Share Posted June 30, 2022 Gone 9.30 and not a word.......this is the last straw. Link to comment Share on other sites More sharing options...
CBX1985 Posted June 30, 2022 Share Posted June 30, 2022 23 minutes ago, wombatram said: Anyone not just a little curious that this has been completed very quickly? Would love to know how close the Clowes group is currently, with a certain figure of the past… ? Not really. These things are always settled at the very last minute. Detail can be worked out quite quickly - it is price that is difficult. Think long distance indoor cycling - you go round and round for an hour, but sprint on the last lap!! Link to comment Share on other sites More sharing options...
Ram-Alf Posted June 30, 2022 Share Posted June 30, 2022 34 minutes ago, Rammysees said: Have there been any rumours about who will be running the club? New CEO? Yes...LWS Link to comment Share on other sites More sharing options...
CBX1985 Posted June 30, 2022 Share Posted June 30, 2022 2 minutes ago, Carnero said: In all fairness, they are also buying a piece of real estate with an independant valuation of over £80m for a total cost of £45m ish (including the club). No need to be a money pit if they run things sensibly. The question is do you believe the valuation - and if you do, other than the club what do you put there? Agreed on point two - I think he'll be here for five years minimum, as that is what it is going to take to get debt under control, the ship steady and so marketable due to fanbase. RadioactiveWaste 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account.
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now