Dangerous Posted February 16, 2012 Share Posted February 16, 2012 The "cash strapped Rams". We're not Portsmouth! Thanks GSE for all you've done! I wish you wouldn't be here next season! be careful what you wish for. Link to comment Share on other sites More sharing options...
AndyB Posted February 16, 2012 Share Posted February 16, 2012 Wise words Dangerous, we've had our fingers burnt with the 3 amigos I know. Why a club like Derby can't rely on local ownership though I don't know, rather than people who don't care about anything other than the corporate dollar. Link to comment Share on other sites More sharing options...
Donny Ram Posted February 16, 2012 Share Posted February 16, 2012 No club should be held to ransom, if we have a wage structure then it shouldn't be broken for one player otherwise what happens every time a players contract comes up for renewal. The players have taken all the money out of the sport over the last two decades, it's them, or rather their agents, you should be blaming and not club owners. Just look at the silly days of Rav and Kinky, we were paying out well over £50k per week and then look what happened. The FFP are the best way to make a step change in the attitude of players and their agents in respect of ludicrous and unsustainable wage demands. If we haven't learn't this yet, especially with Rangers, Portsmouth, Palace, Leeds etc then we are foolish. I suspect that we will see several other clubs get in to financial difficulty as they are asked to get their house in order, TV revenue drops and attendances continue to fall as the economic situation bites hard, season ticket sales are sure to fall again as will attendances next season across the Football League. Big wages, big bonus payments and agents holding clubs to ransom will be a thing of the past. All I can say is Give Fair Play a Chance! Link to comment Share on other sites More sharing options...
AndyB Posted February 16, 2012 Share Posted February 16, 2012 I hope you're right Donny Ram. I view agents, and some players, right down there with GSE as parasites using our club for what they can get out of it. Link to comment Share on other sites More sharing options...
Guest Posted February 16, 2012 Share Posted February 16, 2012 He won't be the only one leaving in the summer, there is a difference between wage structure and just not offering a contract. Link to comment Share on other sites More sharing options...
davenportram Posted February 16, 2012 Share Posted February 16, 2012 The DET article today seems to imply its the wage budget stopping a deal being done. He says he wants to stay He says he and his family are settled Here's and idea "******* TAKE THE MONEY ON OFFER AND STAY" Link to comment Share on other sites More sharing options...
Guest Posted February 16, 2012 Share Posted February 16, 2012 So you are saying hat he has been offered a contract, or is the wage budget stopping any offers being made? Link to comment Share on other sites More sharing options...
davenportram Posted February 16, 2012 Share Posted February 16, 2012 Or is it he has asked for a wage that is outside the current budget/structure? . Link to comment Share on other sites More sharing options...
p.shilton Posted February 16, 2012 Share Posted February 16, 2012 the wage structure hasn't stopped an offer being made, one was made or at least protracted whilst he was injured and he didn't take it. The wage structure dictates the amount we can offer him, its this that is preventing him from signing. Link to comment Share on other sites More sharing options...
The Scarlet Pimpernel Posted February 17, 2012 Share Posted February 17, 2012 I hope you're right Donny Ram. I view agents, and some players, right down there with GSE as parasites using our club for what they can get out of it. How on earth can you say GCE are parasites. GSE represent the ownership group who are and have been giving money to the club to meet the shortfall every season since they have been around. The investors have received nothing and Tom Glick as CEO gets about the going rate. Please explain? Link to comment Share on other sites More sharing options...
p.shilton Posted February 17, 2012 Share Posted February 17, 2012 he doesn't need to - they haven't spent 5 million on stellar signings so therefore they must be asset stripping. Just because we don't see the money that is being pumped into the club translated into new signings many people think that investment isn't going on. Link to comment Share on other sites More sharing options...
Gary Teale Posted February 17, 2012 Share Posted February 17, 2012 How on earth can you say GCE are parasites. GSE represent the ownership group who are and have been giving money to the club to meet the shortfall every season since they have been around. The investors have received nothing and Tom Glick as CEO gets about the going rate. Please explain? Do the accounts back that claim up that they put money on every year to meet the shortfall? Or are you just quoting our Tom? I don't know I'm asking the question. Link to comment Share on other sites More sharing options...
Ghost of Clough Posted February 17, 2012 Share Posted February 17, 2012 How much money have they GIVEN the club to reduce its debts? Quite a lot if I remember correctly. Link to comment Share on other sites More sharing options...
Gary Teale Posted February 17, 2012 Share Posted February 17, 2012 How much money have they GIVEN the club to reduce its debts? Quite a lot if I remember correctly. Is there evidence of all this? I'm sure it will be a post somewhere Link to comment Share on other sites More sharing options...
G STAR RAM Posted February 17, 2012 Share Posted February 17, 2012 Is there evidence of all this? I'm sure it will be a post somewhere All backed up by accounts filed at Companies House. Can't remember figure but I think including purchase price the deal has cost our owners £35million to date. Link to comment Share on other sites More sharing options...
Martyn Posted February 17, 2012 Share Posted February 17, 2012 Correct, it's all in the accounts. Our in-house accounts-whizz ramblur confirmed it all. Link to comment Share on other sites More sharing options...
p.shilton Posted February 17, 2012 Share Posted February 17, 2012 How else would the debt have been paid off? Paper rounds after training? Link to comment Share on other sites More sharing options...
Gary Teale Posted February 17, 2012 Share Posted February 17, 2012 How else would the debt have been paid off? Paper rounds after training? I thought they could have done this crazy thing of bringing more revenue in than they are spending. Ive heard it's a good way to cut debt Link to comment Share on other sites More sharing options...
p.shilton Posted February 17, 2012 Share Posted February 17, 2012 I thought they could have done this crazy thing of bringing more revenue in than they are spending. Ive heard it's a good way to cut debt Two weeks after taking over the club? That would have been an achievement Link to comment Share on other sites More sharing options...
Donny Ram Posted February 17, 2012 Share Posted February 17, 2012 Oh well we'll see how things unfold next month with the publication of the new accounts, then all will be revealed. Investors due, by definition, invest in the club and expect a return at some point, even if that is when the asset is realised through future sale. As I said though, we'll have to wait and see what unfolds as it appears GSE are here for the medium to long term. Let's face it, we could have had £40m of debt but have seen exciting football and be facing administration, who knows what a different path and a troubled future we may have faced under other owners. Link to comment Share on other sites More sharing options...
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