Ghost of Clough Posted July 10 Share Posted July 10 4 minutes ago, Ram-Alf said: Isn't Derby County linked with his profit organisation...ie Clowes developments, So DCFC losses are offset by their profits...🤷♂️ If Derby made a loss of £10m in a year, it would (broadly speaking) reduce the tax burden of the Group (Clowes Developments) by £2.5m - effectively running the club at a £7.5m loss Ram-Alf, Crewton, Carnero and 1 other 1 3 Link to comment Share on other sites More sharing options...
Nuwtfly Posted July 10 Share Posted July 10 Who mentioned Troy Parrott? 👀… InstaRam, McMuffin and Caerphilly Ram 3 Link to comment Share on other sites More sharing options...
Eoghan1884 Posted July 10 Share Posted July 10 1 minute ago, Nuwtfly said: Who mentioned Troy Parrott? 👀… Looks like he’s off to AZ Alkmaar. Carl Sagan 1 Link to comment Share on other sites More sharing options...
rammieib Posted July 10 Share Posted July 10 8 minutes ago, Ram-Alf said: Isn't Derby County linked with his profit organisation...ie Clowes developments, So DCFC losses are offset by their profits...🤷♂️ Not quite but the backing of the ownership group is very secure and Clowes Developments have, as of 2022, got nearly £300m in their bank account as cash. In their last accounts (2022) they made around £40m profit BEFORE the acquisition of Derby County on T/O of circa £250m. (Cannot remember the exact details). The acquisition turned this into a loss for the year. Derby County's current legal name is DERBY COUNTY (THE RAMS) LIMITED - they need to sort their own cash flow out but the investment from Clowes Developments who have nearly £300m in the bank is what has obviously supported that. Clowes Developments have invested into the club financially for sure. Clowes Developments are owned by "The Clowes Trust 2014" - but I cannot see who specifically runs/owns them... but obviously David Clowes will be the main driver behind it. the one thing I still find slightly intriguing is the resignation of one of the Directors from every single Clowes Development Business back in late 2022. Makes me wonder if Ian Dickinson fundamentally disagreed with what David Clowes did. David rescued the club - he's used the success of his business to bail out his sporting love. However, he's not used his own cash from his own pocket - he's used the resources of Clowes Developments to do this. Ram-Alf, David Graham Brown and RoyMac5 1 2 Link to comment Share on other sites More sharing options...
Animal is a Ram Posted July 10 Share Posted July 10 6 hours ago, rammieib said: <snip> the one thing I still find slightly intriguing is the resignation of one of the Directors from every single Clowes Development Business back in late 2022. Makes me wonder if Ian Dickinson fundamentally disagreed with what David Clowes did. David rescued the club - he's used the success of his business to bail out his sporting love. However, he's not used his own cash from his own pocket - he's used the resources of Clowes Developments to do this. He was company secretary - perhaps simply retired? Link to comment Share on other sites More sharing options...
rammieib Posted July 11 Share Posted July 11 10 hours ago, Animal is a Ram said: He was company secretary - perhaps simply retired? In the company report - it specifically says "Resigned". Link to comment Share on other sites More sharing options...
Mihangel Posted July 11 Share Posted July 11 18 minutes ago, rammieib said: In the company report - it specifically says "Resigned". I wouldn't read too much in to that, from a directorship point of view, one can't 'retire', only resign. Carnero, therealhantsram, LazloW and 1 other 4 Link to comment Share on other sites More sharing options...
Crewton Posted July 11 Share Posted July 11 27 minutes ago, rammieib said: In the company report - it specifically says "Resigned". He resigned from all other appointments and registered his own consultancy in August last year. He's listed as a Chartered Accountant by profession. rammieib 1 Link to comment Share on other sites More sharing options...
Animal is a Ram Posted July 11 Share Posted July 11 Or just a case of a better job offer - https://www.barnsdales.co.uk/team/ian-dickinson My point is, it feels like you're looking for drama where there's none to be found. Eoghan1884, LazloW, Crewton and 1 other 3 1 Link to comment Share on other sites More sharing options...
rammieib Posted July 11 Share Posted July 11 32 minutes ago, Animal is a Ram said: Or just a case of a better job offer - https://www.barnsdales.co.uk/team/ian-dickinson My point is, it feels like you're looking for drama where there's none to be found. Or simply asking a question with a potentially simple answer if that's allowed? gfs1ram and Ram-Alf 1 1 Link to comment Share on other sites More sharing options...
hintonsboots Posted July 11 Share Posted July 11 Ah another accountancy thread. whiteroseram 1 Link to comment Share on other sites More sharing options...
Red_ram Posted July 11 Share Posted July 11 Can we get this back on topic please… So… Sonny Bradley… can he cut it in the championship or not? 👀 Jram, IlsonDerby, therealhantsram and 8 others 1 10 Link to comment Share on other sites More sharing options...
tomsdubs Posted July 11 Share Posted July 11 Can we finish the Sonny Bradley strawman beating first before we move on to the Clowes Developments strawman arguments? GB SPORTS 1 Link to comment Share on other sites More sharing options...
Eoghan1884 Posted July 11 Share Posted July 11 If Hladky is a near done deal, I wonder if he’ll play tomorrow. Hes out of contract so free to play for anyone as a trialist. Id also imagine we’d want our first choice goalie in the building before jetting off to Spain. Link to comment Share on other sites More sharing options...
DCFC1388 Posted July 11 Share Posted July 11 Link to comment Share on other sites More sharing options...
O'hare is the goat Posted July 11 Share Posted July 11 Does anyone think we’ll have any trialists tomorrow? Link to comment Share on other sites More sharing options...
Ram1988 Posted July 11 Share Posted July 11 5 minutes ago, O'hare is the goat said: Does anyone think we’ll have any trialists tomorrow? Would make it interesting if we did O'hare is the goat 1 Link to comment Share on other sites More sharing options...
Eoghan1884 Posted July 11 Share Posted July 11 Could be a naive way of thinking, but I’d imagine we do have a decent transfer fee if we’ve spent roughly 1.3 - 1.6 million this week alone on Ebou and Kenzo if/when Ebou is completed. Still some good frees out there and cheap deals from abroad but I hope we get a decent striker under 26 on a permanent. Link to comment Share on other sites More sharing options...
Eoghan1884 Posted July 11 Share Posted July 11 7 minutes ago, O'hare is the goat said: Does anyone think we’ll have any trialists tomorrow? Maybe a few youngsters, and potentially Hladky the goalie ? O'hare is the goat 1 Link to comment Share on other sites More sharing options...
Andicis Posted July 11 Share Posted July 11 (edited) On 10/07/2024 at 16:52, rammieib said: Not quite but the backing of the ownership group is very secure and Clowes Developments have, as of 2022, got nearly £300m in their bank account as cash. In their last accounts (2022) they made around £40m profit BEFORE the acquisition of Derby County on T/O of circa £250m. (Cannot remember the exact details). The acquisition turned this into a loss for the year. Derby County's current legal name is DERBY COUNTY (THE RAMS) LIMITED - they need to sort their own cash flow out but the investment from Clowes Developments who have nearly £300m in the bank is what has obviously supported that. Clowes Developments have invested into the club financially for sure. Clowes Developments are owned by "The Clowes Trust 2014" - but I cannot see who specifically runs/owns them... but obviously David Clowes will be the main driver behind it. the one thing I still find slightly intriguing is the resignation of one of the Directors from every single Clowes Development Business back in late 2022. Makes me wonder if Ian Dickinson fundamentally disagreed with what David Clowes did. David rescued the club - he's used the success of his business to bail out his sporting love. However, he's not used his own cash from his own pocket - he's used the resources of Clowes Developments to do this. Clowes Developments categorically do not have £300m in the bank. The most recent consolidated accounts show £4m cash on the balance sheet. Edited July 11 by Andicis therealhantsram 1 Link to comment Share on other sites More sharing options...
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