Stive Pesley Posted January 13, 2012 Share Posted January 13, 2012 Not seen this posted but I just got sent this - the minutes of the latest RamsTrust meeting with Glick. I'm not a RT member and hopefully this won't descend into a needless slagging. Nothing earth-shaterringly new in here but a couple of interesting titbits around the shareholdings. Essentially they're saying that they won't open up shareholdings to fans because they currently expect their shareholders to have financial input via capital calls. Suddenly RT seem a bit less interested in holding shares! haha Glick also confirmed that we wanted Eustace but couldn't afford him DCFC - RT Meeting, 7th January 2012 Attendees: RamsTrust: John Banks, Paul Mortimer (PM), Jim Wheeler (JW) DCFC: Tom Glick (President/CEO), Tom Loakes (Press Officer), Faye Nixon (Marketing Manager) Derby County discussed various issues and topics with RamsTrust for 80 minutes at the meeting. DCFC-RT Liaison & Co-ordination: - DCFC confirmed that RT could again use PPS facilities for their 2012 AGM in September. - DCFC again confirmed that RT would be granted web pages in the FANS section of DCFC's official website. An updated RT intro page has been provided by PM to TL since the meeting, and this is now live at www.dcfc.co.uk - RT was invited to send in further web content and also topical periodic columns for both the website and The RAM matchday magazine. - TL to confirm terms & administration to enable RamsTrust to resume a commissioned sales agency for The RAM matchday magazine, which was taken back 'in-house' by DCFC at the start of season 2011-12. - DCFC again agreed to meetings being more regularly scheduled, say every three months. Ownership & Shareholding: - Six partners own 90% of the shares in Derby County: Tom Ricketts, Bill Luby, Tom Verdon, Jeff Mallet, Brett Wilson (whose representation is delegated to Dave Richardson for meetings) and Andy Appleby. TG also holds a small shareholding. - The owners would be open to discussing supporter investment in shares; it is a complicated issue to be carefully handled. Capital cost of shareholdings currently requires additional input ('a capital call') each season to cover deficits, so whilst the door is open, assessment is needed as to how any scheme would work. It was agreed that DCFC and RT would discuss this subject further. - More detail is required on how equivalent schemes have worked at other clubs to enable RT to make a proposal for further discussion. Supporter Representation: - The possibility of a Supporter-Director has not been discussed by DCFC's board, as currently all board members possess a shareholding to take a seat at the table. It is possible that if this was linked to supporter shareholding, a supporter-director could be a possibility. Hence the possibility was not ruled out, but is not in current DCFC plans. - TG stated that he saw supporter representation taking place 'outside the boardroom' at this time but was keen to embrace ways of fulfilling the requirements of the UEFA 2010 Club Licensing & Financial Fair Play Regulations. - These regulations stipulate the appointment of a Supporter Liaison Officer (SLO) and will come into effect for season 2012/13. - DCFC requested more information on the role of the SLO and JW has provided them with this since the meeting. Please see document & interview on the FSF website at: http://www.fsf.org.uk/news/Supporter-Liaison-Officers.php?id= Squad Development and Transfer Strategy: - Nigel Clough wanted 6 'Championship quality' players in summer 2011; he bought 3: Bryson, Maguire and Shackell. He wanted John Eustace from Watford but they wanted too much for their 'talisman', now 32 years old. Nigel's alternative choice of Bryson is proving a sound buy. - Other acquisitions included Ward, Robinson, and Fielding; there may be incoming transfers or loans this season, dependent upon other loan-outs, departures or squad requirements. - The club is spending twice as much on Academy development as it was 5 years ago. Players graduating reflect this strategy, which is in line with FFP when clubs will have to live within their means. - Recent Academy graduates to the first team squad (Ball, Hendrick, and O'Brien) reflect the success of this strategy and others are close behind (Mason Bennett, Will Hughes). - DCFC are pursuing the recruitment of a 'Technical Director'; 'watch this space'. - Jamie Ward is not for sale; media talk only - there have been no approaches from other clubs. - Club/Clough as yet undecided on Paul Greens retention; he is not on offer but DCFC accept that approaches may arise during this transfer window. Season Ticket Prices & Early-Bird Deadline: - DCFC have frozen S/T prices for several years. - No commitment to extending the S/T early-bird renewal deadline to mid-May, as suggested in February 2011 by RT and later implemented by the club. - Falling attendances are a national football trend due to the economic situation. DCFC try to address this without upsetting S/T holders via cheaper tickets than some rivals and special offers. - Rams are 2nd in the Championship attendance table and out-sell 8 Premier League clubs. Plaza Development: - A decision on the Plaza plans is due on Thursday 12th January. if positive, the club can speak to potential development partnerships. - There is no "tug of war" for the club or the Plaza with any party no partnership can be ruled out. - TG gave Peter Gadsby credit for initiating the Plaza plans 5 years ago while stating DCFC's recent plans differed considerably from his original scheme. Link to comment Share on other sites More sharing options...
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