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chucky

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  1. The Championship FFP Thread (Merged)

    in Football Chat

    Posted

    "Derby County have received a major cash injection from a New York investment bank belonging to American billionaire Michael Dell.

    Dell is the owner of MSD Capital and records on Companies House confirm a loan was registered last week.

    Owner Mel Morris has been searching for additional funding for over two years having sunk millions of pounds into Bristol City's Championship rivals, hoping to get the club back into the Premier League.

    The club are currently awaiting the verdict from an independent disciplinary charge over a battle with the EFL over the sale and leaseback of Pride Park.

    Sheffield Wednesday were docked 12 points for a similar charge, however, Derby's relates to the £80million valuation of the stadium, rather than the year it was accounted for.

    The Telegraph report that a £30million cash injection has been borrowed against the club's assets.

    It is stated that Dell and Derby are talking about a range of financial arrangements, which could include a significant loan, investment or takeover.

     

    Dell was listed as the 25th richest man in the world in Forbes last year and has also held talks with a number of other clubs in England outside the top tier.

    The cash injection will help towards Derby's efforts of staying within the EFL's Financial Fair Play regulations, having watched Birmingham City and Wednesday lose points for breaches.

    It also further highlights the strain placed on all EFL clubs due to the COVID-19 crisis, which has seen very little money change hands since the summer transfer window opened."

     

    What assets do Derby have worth £30m to borrow against?

    Under FFP are you allowed to borrow money to stay with in it?

  3. Bristol R*vers dustbin thread

    in Football Chat

    Posted

    14 hours ago, RedLionLad said:

    Quote:

    "Its a difficult one to call, but at rovers I'd imagine our season ticket holders make up more than most other clubs average attendance, although that's just an assumption....

    One things for sure that the most expensive tickets in the east and west stand are all season ticketed and sold out every year, so 'hopefully' we might have enough prepaid income to keep us going.... Again, just an assumption...."

    They think that money is still in the coffers ?

  11. The Championship FFP Thread (Merged)

    in Football Chat

    Posted

    10 hours ago, Mr Popodopolous said:

    ?

    Interesting- seems Leeds owner turned down the whole suing of the EFL thing, despite an offer by Gibson to join the case.

    Said he agreed in principle but wanted to focus mainly on the football.

    I've got a set of sanctions in mind if any valuations were significantly overstated line and tests for sanctions which I'll post later.

    Another interesting story is that Derby are for sale for £60m apparently- well it's a story anyway.

    I wonder if it would include the ground- because if it does...serious questions to answer there IMO.

    Was going to post about the Derby for sale story. As the club and ground have 2 different owners, does he mean it's just the club for sale? Or "buy a stadium and I'll throw in a free club to play in it" 

  13. The Championship FFP Thread (Merged)

    in Football Chat

    Posted

    On 11/09/2019 at 11:32, Mr Popodopolous said:

    To update on this one, if I haven't already covered it in another part of this thread.

    Transaction was listed at Land Registry as having gone through on June 28th 2019.

    ECfVXdPWkAAViUL.jpg

    Puzzles me given when the accounts were due, dated, signed, the accounting period even when extended- let alone £60m on a ground valued at £22.25m in 2014 and with a £6.4m revaluation reserve in the 2016/17 accounts.

    Yeah and the company who purchased it was Sheffield 3 Limited, listed as having been incorporated on 21st June 2019. Owned initially by Sheffield 4 Limited but that in turn was dissolved on 18th July 2019, having been incorporated at CH on 20th June 2019.

    https://www.thetimes.co.uk/article/sheffield-wednesday-told-to-explain-year-delay-over-38m-stadium-sale-7ncwgwjx3

    • Thanks 1

  16. Bristol R*vers dustbin thread

    in Football Chat

    Posted

    3 hours ago, wood_red said:

    How very odd, and the comment by Cocklan doesn't sound promising at all. Sorry if this has been posted previously, if so I have certainly missed it!

     

    UCD manager Collie O’Neill has revealed that the college remain in the dark over Liam Scales’ proposed transfer to Bristol Rovers.

    The Republic of Ireland under-21 defender travelled to Bristol to discuss terms with the League One club, managed by Dubliner Graham Coughlan, in the first week of July.

    The Wicklow native appeared happy to knock back the advances of Fleetwood Town, who lodged a late bid, and sign up with the Pirates but progress has been frustratingly slow.

    Scales hasn’t lined out for the Students since, nor has he trained with his teammates, and will remain in limbo until a cash-strapped Rovers outfit push through the deal.

    “There’s absolutely [happening] nothing on it,” O’Neill told extratime.ie.

    “It’s still stalled. We’re still told we’re just waiting on a final bit of paperwork but… nothing. It’s dragging on a little.”

    Contrary to media reports suggesting Joey Barton’s Fleetwood had turned his head with a larger offer, the defender has his heart set on Bristol.

    “Bristol were in for him and it was more or less done, and then Fleetwood come in as well , but he had his mind made up Bristol was the one he wanted to go to.

    “So that’s where it was left, but it was just left with paperwork to be done. It just seemed to drag on.”

    Coughlan expanded on the hold-up, speaking to Bristol Live, and hinted that the issue is at his own club’s end.

    “There is obviously an issue with the paperwork as we all know,” he said.

    “There are one or two minor details which need tidying up, which need sorting out, whether we do that or not I don’t know?

    “It is out of my hands now, I have passed it onto the powers that be [at Rovers] - he is a player I have identified and I liked.”

    Wally is probably still trying figure out how to transfer camels in to Tilsons.

  17. Bristol R*vers dustbin thread

    in Football Chat

    Posted

    37 minutes ago, Swede said:

    Don't forget all of the soft porn you can handle at the "family club"  I am sure the few ladies and children who happen to be there & witness it appreciated the fithy, demeaning and sordid nature of what was on offer

    DklaKSpWwAACq4n.jpg

    This is what gets them in the mood for boob cricket 

  18. Bristol R*vers dustbin thread

    in Football Chat

    Posted

    1 hour ago, ExiledAjax said:

    The quote is "We originally had a local training camp in the pipeline, but for reasons out of our control, that environment wasn’t right" so as much as I'd love to laugh at the gas not having their own training ground it looks as though he is referring to another training facility where they had originally hoped to hold their pre-season training camp. Perhaps it was high tide on Weston beach so they couldn't train there?

    They couldn't afford to pay someone to cut the long grass. 

  21. Bristol R*vers dustbin thread

    in Football Chat

    Posted

    3 hours ago, Unan said:

    Screenshot 2019-06-08 at 12.14.24.png

    I can tell you from experience what it's like to play a men against women match. I used to play in Bath and district Sunday league. During one of our practice sessions, on the next pitch we're Bath uni women's practicing. They appoched us and asked if we fancied a practice game and so we did. They absolutely smashed us! They don't piss about at all. 

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