RAM1966 Posted January 21 Share Posted January 21 21 hours ago, Carl Sagan said: I remain struck by how Kirchner wasn't going to buy the stadium, so Clowes was going instead having to fork out the other £50million+. I'm glad the stadium deal, which had become such a complicated part of the whole financials with MM buying it off the club previously, ended up not being a stumbling block here. So much unusual expense in these initial accounts, but it looks as though DC has done an amazing initial job of stabilizing the club, while keeping us competitive at the level we find ourselves. Forever grateful. I flagged this and got slated by the Kirchner blind faithers. I was even accused of potentially be the cause of anyone who may comit suicide. It was obvious from the off something wasnt right, yet he duped the EFL and Quantuma..... Thank god he didn't pull it off.... Carl Sagan 1 Link to comment Share on other sites More sharing options...
tomsdubs Posted January 21 Share Posted January 21 30 minutes ago, RAM1966 said: I flagged this and got slated by the Kirchner blind faithers. I was even accused of potentially be the cause of anyone who may comit suicide. It was obvious from the off something wasnt right, yet he duped the EFL and Quantuma..... Thank god he didn't pull it off.... Is Kirschner still in prison? Link to comment Share on other sites More sharing options...
Gritstone Ram Posted January 21 Share Posted January 21 11 hours ago, uttoxram75 said: He wanted us dead. Complete w*****. Good stuff how many pints did you have last night? You seem very aggressive. Jubbs 1 Link to comment Share on other sites More sharing options...
Shipley Ram Posted January 21 Share Posted January 21 On 20/01/2024 at 10:58, Crewton said: I agree. Maguire, of course, goes for traffic-generating clickbait headline "highlights" without bothering to add context. That £19M repaid debt looks awfully like MM's loan from Dell, and the payment inherited football debt that wasn't due during the time of administration (Bielek and Jozwiak primarily I imagine) will probably have been paid off during the period covered by these accounts. In the meantime, the usual bell-sniffs from other clubs will continue to show how dumb they are. It's got Wycome fans all worked up and showing their dumbness. I was thinking of going over there to correct them but van't be bothered. https://gasroom.org/discussion/8641/derby-county Crewton 1 Link to comment Share on other sites More sharing options...
Crewton Posted January 21 Share Posted January 21 1 hour ago, Shipley Ram said: It's got Wycome fans all worked up and showing their dumbness. I was thinking of going over there to correct them but van't be bothered. https://gasroom.org/discussion/8641/derby-county You can't really blame them - "EFL-approved Business Plan" is quite a difficult concept to grasp if you're thick. Link to comment Share on other sites More sharing options...
G STAR RAM Posted January 21 Share Posted January 21 1 hour ago, Shipley Ram said: It's got Wycome fans all worked up and showing their dumbness. I was thinking of going over there to correct them but van't be bothered. https://gasroom.org/discussion/8641/derby-county I like the poster celebrating their last minute equaliser and how it has derailed our play off push 😂 Ghost of Clough, Crewton and Comrade 86 1 2 Link to comment Share on other sites More sharing options...
G STAR RAM Posted January 21 Share Posted January 21 On 20/01/2024 at 10:58, Crewton said: I agree. Maguire, of course, goes for traffic-generating clickbait headline "highlights" without bothering to add context. That £19M repaid debt looks awfully like MM's loan from Dell, and the payment inherited football debt that wasn't due during the time of administration (Bielek and Jozwiak primarily I imagine) will probably have been paid off during the period covered by these accounts. In the meantime, the usual bell-sniffs from other clubs will continue to show how dumb they are. The £19m is in addition to the loan which appears to have been circa £24m. The £19m would have been made up of the circa £7m paid to HMRC, the football creditors, plus a little bit to the other creditors. Crewton 1 Link to comment Share on other sites More sharing options...
G STAR RAM Posted January 21 Share Posted January 21 17 hours ago, uttoxram75 said: He signed up to this forum just so he could infiltrate us and create division. He went after Mel Morris which was fair enough but he wanted to destroy Derby and put us out of business. He let his hatred of Mel want to kill our football club. Absolute b******. Every Derby fan should treat this Bamford as an enemy of our club. I've just had a bizarre personal message interchange here following me pulling him up on his Twitter post about the club owing MM in excess of £200m, which is demonstrably incorrect. His defence was that he was just repeating what some journalists had told him and he was skepitcal about the figure. I've pointed out that there is information available in the public domain which poo poos his claim and how amazed I am that a 'football finance expert' is making claims which he must know to be untrue if he actually has any understanding of the situation. Steve How Hard?, Mihangel, Crewton and 9 others 5 5 2 Link to comment Share on other sites More sharing options...
Crewton Posted January 21 Share Posted January 21 Imagine the hysteria there'll be when the football club's official FFP return for last season shows a lower "loss" figure. Link to comment Share on other sites More sharing options...
Elwood P Dowd Posted January 21 Share Posted January 21 (edited) 15 minutes ago, G STAR RAM said: I've just had a bizarre personal message interchange here following me pulling him up on his Twitter post about the club owing MM in excess of £200m, which is demonstrably incorrect. His defence was that he was just repeating what some journalists had told him and he was skepitcal about the figure. I've pointed out that there is information available in the public domain which poo poos his claim and how amazed I am that a 'football finance expert' is making claims which he must know to be untrue if he actually has any understanding of the situation. £200 million owing to MM, by THE Club wouldn’t such a significant figure be listed fully detailed in the clubs accounts 😂😂😂 A liability !!! Edited January 21 by Elwood P Dowd Link to comment Share on other sites More sharing options...
Simmo’s left foot Posted January 21 Share Posted January 21 £200 million in loans to MM would be the previous business. Nothing to do with the new company set up by David Clowes. To be fair to MM though, he did write off a huge amount of £ he "Loaned" to the club. The Scarlet Pimpernel and Steve How Hard? 1 1 Link to comment Share on other sites More sharing options...
Mihangel Posted January 21 Share Posted January 21 1 hour ago, G STAR RAM said: I've just had a bizarre personal message interchange here following me pulling him up on his Twitter post about the club owing MM in excess of £200m, which is demonstrably incorrect. His defence was that he was just repeating what some journalists had told him and he was skepitcal about the figure. I've pointed out that there is information available in the public domain which poo poos his claim and how amazed I am that a 'football finance expert' is making claims which he must know to be untrue if he actually has any understanding of the situation. What a strange individual he is, one might thing he's a narcissist. I don't want to knock teachers but on this occasion it shows the difference between teachers and professionals. Link to comment Share on other sites More sharing options...
hintonsboots Posted January 21 Share Posted January 21 7 minutes ago, Simmo’s left foot said: £200 million in loans to MM would be the previous business. Nothing to do with the new company set up by David Clowes. To be fair to MM though, he did write off a huge amount of £ he "Loaned" to the club. MM chased the dream of getting us into the Prem, using a massive proportion of his personal wealth in the process. It’s a shame he didn’t surround himself with an experienced team, in relation to both recruitment and coaching staff. Some of the money wasted on inappropriate transfers and paying off failed managers would be like winning the lottery in our current situation. Grimbeard and RoyMac5 1 1 Link to comment Share on other sites More sharing options...
Ghost of Clough Posted January 21 Share Posted January 21 2 hours ago, G STAR RAM said: The £19m is in addition to the loan which appears to have been circa £24m. The £19m would have been made up of the circa £7m paid to HMRC, the football creditors, plus a little bit to the other creditors. The administrators report confirmed it was exactly £6,264,636.50 paid to HMRC (25%). MSD loan was £22m. Football creditors totalled £8.85m, but I understand this would have been later reduced to about £7.5m (Lech accepting less for Jozwiak). This had to be paid in full. There was £3.1m of unsecured creditors. A minimum of 25% had to be paid, so just shy of £800k (bur could be anything up to an including the full amount) My total is £36.6m (if minimum paid to unsecured creditors). Note, Clowes accounts state an extraordinary cost (purchase of DCFC) OF £36.6m. Grimbeard, Crewton and hintonsboots 3 Link to comment Share on other sites More sharing options...
IlsonDerby Posted January 21 Share Posted January 21 19 hours ago, uttoxram75 said: He signed up to this forum just so he could infiltrate us and create division. He went after Mel Morris which was fair enough but he wanted to destroy Derby and put us out of business. He let his hatred of Mel want to kill our football club. Absolute b******. Every Derby fan should treat this Bamford as an enemy of our club. What on Earth are you on about? hes a university professor who specialises in sports finance and we were an incredibly ‘interesting’ case in that respect in terms of the amortisation policy and the overspending. honestly were not that important enough for someone like him to hate us. Jubbs, Norman, ColonelBlimp and 3 others 4 1 1 Link to comment Share on other sites More sharing options...
Mihangel Posted January 21 Share Posted January 21 5 minutes ago, IlsonDerby said: What on Earth are you on about? hes a university professor who specialises in sports finance and we were an incredibly ‘interesting’ case in that respect in terms of the amortisation policy and the overspending. honestly were not that important enough for someone like him to hate us. You're overstating him slightly, he's an accountancy teacher. Professor he most certainly isn't, expert in football finance only in his own head. Steve How Hard? and Reggie Greenwood 1 1 Link to comment Share on other sites More sharing options...
Jimbo Ram Posted January 21 Share Posted January 21 1 hour ago, Mihangel said: What a strange individual he is, one might thing he's a narcissist. I don't want to knock teachers but on this occasion it shows the difference between teachers and professionals. Really 🙄 Link to comment Share on other sites More sharing options...
CBRammette Posted January 21 Share Posted January 21 9 hours ago, tomsdubs said: Is Kirschner still in prison? This was on twitter - everyone's favourite poster from admin days https://x.com/_derby5hire/status/1749162910079672677?s=46&t=sk42RYQEb_Tm-nCLhuvi0w Link to comment Share on other sites More sharing options...
BathRam72 Posted January 21 Share Posted January 21 So. The accounts and how much has been spent v squad worth should be a stark reminder to those who DEMAND instant success. Blame recruitment if you want, but the plain fact is Clowes is running this club sustainably. I take my hat off to you sir. Especially after the previous farce Link to comment Share on other sites More sharing options...
Ghost of Clough Posted January 21 Share Posted January 21 9 minutes ago, BathRam72 said: So. The accounts and how much has been spent v squad worth should be a stark reminder to those who DEMAND instant success. Blame recruitment if you want, but the plain fact is Clowes is running this club sustainably. I take my hat off to you sir. Especially after the previous farce Is a £6.8m loss over 9 months sustainable? Book value is not the same as worth. The squad had a £3.3m book value when Clowes took us out of admin - we later sold 2 players for the majority of that figure. When you add on the minimum fees expected for the like sof Cashin and Bird, then our total squad worth is significantly higher than it's book value. After seeing the figures for the 9 month period, it's now reasonable to assume we'll have the highest wage bill in the league this season. Clowes will be expecting promotion from such outlay, so it's reasonable for fans to expect promotion too. jimtastic56 1 Link to comment Share on other sites More sharing options...
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