Ronnie Starling Posted August 12, 2020 Share Posted August 12, 2020 Secured a loan against Pride Park to help them through the pandemic. Daft question but I thought they had sold it? Over to you Mr Parry. 1 Link to comment Share on other sites More sharing options...
Utah Owl Posted August 12, 2020 Share Posted August 12, 2020 3 minutes ago, Ronnie Starling said: Secured a loan against Pride Park to help them through the pandemic. Daft question but I thought they had sold it? Over to you Mr Parry. I think it's Morris's way of getting his money out. Interesting to see how EFL react though. Maybe we will soon have company at the bottom of the table. Link to comment Share on other sites More sharing options...
helmut_rooster Posted August 12, 2020 Share Posted August 12, 2020 Great timing from Derby while they await the outcome of thier case 1 5 Link to comment Share on other sites More sharing options...
Guest mkowl Posted August 12, 2020 Share Posted August 12, 2020 Looks like its charged against everything, mentions a lot of property, the subsidiary companies, the shares. So be a cross guarantee - think it includes the company that bought the stadium and leases it to the football operating entity Link to comment Share on other sites More sharing options...
Blatter Posted August 12, 2020 Share Posted August 12, 2020 4 minutes ago, Dagmeister's Shadow said: Looks ostensibly like they're sailing close to the wind to me. What do you think? Lots of clubs will be resorting to desperate measures like that before too long. No prospect of match day income, just a bit of tv money. Players wages to pay. Many in the lower leagues will not survive. 2 Link to comment Share on other sites More sharing options...
Guest mkowl Posted August 12, 2020 Share Posted August 12, 2020 12 minutes ago, Dagmeister's Shadow said: Looks ostensibly like they're sailing close to the wind to me. What do you think? Given they apparently borrowed the money to purchase the stadium, perhaps this is part of a re-finance as opposed to new money to fund day to day activities. But who knows As others have said be plenty of other clubs doing similar Link to comment Share on other sites More sharing options...
Ronnie Starling Posted August 12, 2020 Author Share Posted August 12, 2020 Maybe Mr Chansiri will be looking to borrow money from DB Loans at negative rates? 1 Link to comment Share on other sites More sharing options...
Blue and white Posted August 13, 2020 Share Posted August 13, 2020 3 hours ago, Ronnie Starling said: Secured a loan against Pride Park to help them through the pandemic. Daft question but I thought they had sold it? Over to you Mr Parry. Football is as bent as a butchers hook. 2 1 Link to comment Share on other sites More sharing options...
Guest Posted August 13, 2020 Share Posted August 13, 2020 Heard Rooneys asked for a payrise Them granny prostitutes have raised their rates since the lockdown got lifted 1 Link to comment Share on other sites More sharing options...
Buddy Repperton Posted August 13, 2020 Share Posted August 13, 2020 Move along Nothing to see here. Everyone loves derby!! 2 Link to comment Share on other sites More sharing options...
Plonk Posted August 13, 2020 Share Posted August 13, 2020 The initial purchase by Morris was financed from a very dodgy source from what I read. Maybe this came up in their hearing and they’ve had to find a more reputable source? Or maybe they are real trouble money wise. If nothing happens on this 2hat is to stop Mr C taking out a secured loan of 100 million and really going for it? Can you imagine how our six fingered sistershagging neighbours would react react to That! Link to comment Share on other sites More sharing options...
Blue and white Posted August 13, 2020 Share Posted August 13, 2020 1 hour ago, Buddy Repperton said: Move along Nothing to see here. Everyone loves derby!! Everyone loved Frank Lampards Derby more. 2 Link to comment Share on other sites More sharing options...
quinnssweetshop Posted August 13, 2020 Share Posted August 13, 2020 (edited) There but the grace of God etc etc etc.... ( can i say God these days ?? ) Derby, another good club only wanting to improve, being shackled by the EFL.... a corrupt bunch of bent scumbags with no sense. good luck to em, had some good away days there. Edited August 13, 2020 by quinnssweetshop Link to comment Share on other sites More sharing options...
Manwë Posted August 13, 2020 Share Posted August 13, 2020 1 hour ago, quinnssweetshop said: There but the grace of God etc etc etc.... ( can i say God these days ?? ) Derby, another good club only wanting to improve, being shackled by the EFL.... a corrupt bunch of bent scumbags with no sense. good luck to em, had some good away days there. Derby have been in or around the play-offs over the years probably more than any other club currently in the Championship I reckon. I'm not sure you can blame the 'bent' EFL for their still being in the Championship. If 24 clubs in the Championship each put £50m a year in to their squads, still only 3 would be promoted. 3 would be relegated, and 18 would be also-rans. For the 21 that don't succeed, they've spent £50m on nothing. Do that year after year after year and you will have clubs that have spent hundreds of millions for mid-table second-tier football, or even for mid-table third-tier football. As much as we'd love to say "oh, the owner pays for all this, no worries", something has to give and something would give. Every sport has rules. It's only football (and rugby to a lesser extent) that insists it shouldn't be a sustainable sport. Not for the benefit of the game or the clubs themselves, but not sustainable for the benefit of players and agents who really are the only ones that do well out of the massive increased in spending 3 Link to comment Share on other sites More sharing options...
Mr Farrell Posted August 13, 2020 Share Posted August 13, 2020 Just another grubby fiddle. We'll probably follow suit. Link to comment Share on other sites More sharing options...
doubleo Posted August 13, 2020 Share Posted August 13, 2020 5 minutes ago, Manwë said: Derby have been in or around the play-offs over the years probably more than any other club currently in the Championship I reckon. I'm not sure you can blame the 'bent' EFL for their still being in the Championship. If 24 clubs in the Championship each put £50m a year in to their squads, still only 3 would be promoted. 3 would be relegated, and 18 would be also-rans. For the 21 that don't succeed, they've spent £50m on nothing. Do that year after year after year and you will have clubs that have spent hundreds of millions for mid-table second-tier football, or even for mid-table third-tier football. As much as we'd love to say "oh, the owner pays for all this, no worries", something has to give and something would give. Every sport has rules. It's only football (and rugby to a lesser extent) that insists it shouldn't be a sustainable sport. Not for the benefit of the game or the clubs themselves, but not sustainable for the benefit of players and agents who really are the only ones that do well out of the massive increased in spending You’re right, but the reason they do it is so they can compete with the failed teams of the PL. The root of the financial problems in the EFL, the parachute payments. 1 Link to comment Share on other sites More sharing options...
Kew Owl Posted August 13, 2020 Share Posted August 13, 2020 4 hours ago, Plonk said: The initial purchase by Morris was financed from a very dodgy source from what I read. Maybe this came up in their hearing and they’ve had to find a more reputable source? Or maybe they are real trouble money wise. If nothing happens on this 2hat is to stop Mr C taking out a secured loan of 100 million and really going for it? Can you imagine how our six fingered sistershagging neighbours would react react to That! Fine by me, as long as Hillsborough isn’t used in any way as security for the loan. Would prefer that he used assets outside of SWFC for obvious reasons ! With 100 mill, we should be able to buy a few decent strikers for next season Link to comment Share on other sites More sharing options...
SwellOwl Posted August 13, 2020 Share Posted August 13, 2020 Surely they can’t get a loan on stadium they sold? EFL, wakey wakey.. Link to comment Share on other sites More sharing options...
Guest The Claw Posted August 13, 2020 Share Posted August 13, 2020 at least we will not finish bottom Link to comment Share on other sites More sharing options...
quinnssweetshop Posted August 13, 2020 Share Posted August 13, 2020 1 hour ago, Manwë said: Derby have been in or around the play-offs over the years probably more than any other club currently in the Championship I reckon. I'm not sure you can blame the 'bent' EFL for their still being in the Championship. If 24 clubs in the Championship each put £50m a year in to their squads, still only 3 would be promoted. 3 would be relegated, and 18 would be also-rans. For the 21 that don't succeed, they've spent £50m on nothing. Do that year after year after year and you will have clubs that have spent hundreds of millions for mid-table second-tier football, or even for mid-table third-tier football. As much as we'd love to say "oh, the owner pays for all this, no worries", something has to give and something would give. Every sport has rules. It's only football (and rugby to a lesser extent) that insists it shouldn't be a sustainable sport. Not for the benefit of the game or the clubs themselves, but not sustainable for the benefit of players and agents who really are the only ones that do well out of the massive increased in spending I think without the curse of FFP Derby would be up already. They, like us, have just mismanaged it. 1 Link to comment Share on other sites More sharing options...
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