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Financial situation


Cisse

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Hey guys. I am Derby fan from Finland. I have been curious for a while now how come the board is finding it so difficult to get the transfer money. When the attendance is over 20 000 in every game, merchandise, tv money, sponsorship deals and the investment from GSE I would expect that something would be available. There´s not much information about Derby County in Finnish papers so I only get information from the net and the local papers when I visit Derby once or twice a year so could you please enlighten me. I sure would appreciate any information.

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Allegedly The Board/GSE are taking out around £1.5M in Management fees per annum, plus salaries of around £1.5M and expenses and other freebies, including travel to and from games (USA) and cars houses etc. :confused:

They are sitting on an investment which is based on long term gain, and it has also been said that if they do get us to the Premiership they have to stump up an extra £1.7M of investment as part of the deal. Maybe there is no rush eh? I'm no financial expert, but I would say that in layman's terms we are being ripped off. :mad:

I hope that sort of answers your question mate, although I'm sure others can be more accurate and specific.

Funnily enough, Tom Glick has now refused to answer questions on Radio Derby - I wonder why? :rolleyes:

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The Owners of DCFC aren't really a Board as such, it is made up of individual investors, and Managed by GSE, fronted by Tom Glick, and Andy Appleby who is Chairman.

They are only interested in making money. They are not fans, and certainly do not feel the pain we all feel.

Glick refuses to speak to Radio Derby, and that is down to guilt, as he must realise that we have sussed him out for the spin and **** he's been giving us whilst taking his £450,000 per annum salary. Meanwhile we struggle, but don't worry replica shirts have been reduced by 40% :rolleyes: They always think of the fans first :mad:

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Allegedly The Board/GSE are taking out around £1.5M in Management fees per annum, plus salaries of around £1.5M and expenses and other freebies, including travel to and from games (USA) and cars houses etc. :confused:

They are sitting on an investment which is based on long term gain, and it has also been said that if they do get us to the Premiership they have to stump up an extra £1.7M of investment as part of the deal. Maybe there is no rush eh? I'm no financial expert, but I would say that in layman's terms we are being ripped off. :mad:

I hope that sort of answers your question mate, although I'm sure others can be more accurate and specific.

Funnily enough, Tom Glick has now refused to answer questions on Radio Derby - I wonder why? :rolleyes:

Well the TOTAL directors salaries in 2008-2009 were £712k (highest paid director earned £387k which would appear to be Tom Glick as this is same as quoted in General Sports Derby Ltd accounts as only paid director, remember Adam Pearson was still at the club for this particular year - he wasnt a director at General Sports Derby Ltd). The management charges are stated as £375k and expected to reduce significantly is future years, this management charge is partly made up of commissions on sponsorship/partner agreements.

Next accounts should be available in early April, so we will see then how much these figures have changed.

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Please be aware that opinions of the club being "ripped off" are your own personal opinions and also anything you say that the club feel is slanderous, is going to land on your door step not ours.

Thank you.

well i thought it was obvious we were getting ripped off, paying alot of good money at hard financial times to watch that shower of ****, if we didnt love dcfc and football in general we wouldn't be paying or attending.

so with the board selling our championship players and replacing them with league 1/2 players and loan players, without lowering the ticket prices you tell me there not ripping us off???

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If you can't back up what you say (numbers & figures) don't say it...simples.

Surprised that people STILL think they can despite seeing the DET closed down, and several warnings from us.

Link or name your source and if you can't name your source then don't post it.

But internet forums should all be about wild speculation and rumours from anonymous sources. Without this, where is our freedom of speech?!

If anyone is in the public eye, it gives us the right to say anything about them, don't it!

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But internet forums should all be about wild speculation and rumours from anonymous sources. Without this, where is our freedom of speech?!

If anyone is in the public eye, it gives us the right to say anything about them, don't it!

exactly!

how can you take my right to say the performances are not good enough for the amount of money they charge?

facts and figures??? have you seen our team sheet??? do i need to explain???

if i was saying inappropriate things about there personal life then fair play, but stating the feelings of about 90% of derby fans

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exactly!

how can you take my right to say the performances are not good enough for the amount of money they charge?

facts and figures??? have you seen our team sheet??? do i need to explain???

if i was saying inappropriate things about there personal life then fair play, but stating the feelings of about 90% of derby fans

I was been sarcastic

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Well the TOTAL directors salaries in 2008-2009 were £712k (highest paid director earned £387k which would appear to be Tom Glick as this is same as quoted in General Sports Derby Ltd accounts as only paid director, remember Adam Pearson was still at the club for this particular year - he wasnt a director at General Sports Derby Ltd). The management charges are stated as £375k and expected to reduce significantly is future years, this management charge is partly made up of commissions on sponsorship/partner agreements.

Next accounts should be available in early April, so we will see then how much these figures have changed.

Fair enough, like I said in my post "allegedly", and I am obviously not aware of the exact figures, they were what I picked up off other message boards. Even if it is £712K or just over £1M that is imo far far too much for what is being done at the Club. They get a lottery winfall every year for overseeing the business model, meanwhile we suffer decline in on pitch performances :frown:

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The Owners of DCFC aren't really a Board as such, it is made up of individual investors, and Managed by GSE, fronted by Tom Glick, and Andy Appleby who is Chairman.

They are only interested in making money. They are not fans, and certainly do not feel the pain we all feel.

Glick refuses to speak to Radio Derby, and that is down to guilt, as he must realise that we have sussed him out for the spin and **** he's been giving us whilst taking his £450,000 per annum salary. Meanwhile we struggle, but don't worry replica shirts have been reduced by 40% :rolleyes: They always think of the fans first :mad:

this is not my understanding from radio derby. they always say glick is available and open and willing to talk to them whenever they ask him.

i agree that they probably thought, we arent going up so why spend additional monies in jan. lets wait till the summer when more players are out of contract and available. gives NC 3 months to rebuild rather than just 1 in jan. makes sense.

i still beleive in cloughy and will give him till nov/dec to turn it round, but the possible loss of the dressing room and slump in form is worrying. maybe also we do not think sufficiently long term and just say where do we want to be as a club in 5 years time? if we are more financially sound but have to suffer 1 relegation then promotion again like forest, norwich, leeds and leicester, is there any real harm?

lets get behind the lads again on saturday and roar them onto victory against barnsley. thinks might not look so bad by 5 oclock on satdee!

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this is not my understanding from radio derby. they always say glick is available and open and willing to talk to them whenever they ask him.

i agree that they probably thought, we arent going up so why spend additional monies in jan. lets wait till the summer when more players are out of contract and available. gives NC 3 months to rebuild rather than just 1 in jan. makes sense.

i still beleive in cloughy and will give him till nov/dec to turn it round, but the possible loss of the dressing room and slump in form is worrying. maybe also we do not think sufficiently long term and just say where do we want to be as a club in 5 years time? if we are more financially sound but have to suffer 1 relegation then promotion again like forest, norwich, leeds and leicester, is there any real harm?

lets get behind the lads again on saturday and roar them onto victory against barnsley. thinks might not look so bad by 5 oclock on satdee!

I'm sure I heard on Radio Derby (one night this week phone in?) a bloke say why not get Tom Glick on and Colin Bloomfield said he won't come on the programme. I could be wrong, as I often make mistakes, unlike NC. :D

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