Smoke .... Mirrors .... Investors..... Business
Four words that go together regrettably and not just in football
Does That 50mil include our own money ? ie parachute payments?
Ok so they've paid money for a 'business', but how much have they invested in other assets (players)?
Where has the £50M gone? In the time they have been in charge they have received around £18M per year in tickets etc. They have sold the catering rights for an undisclosed fee, they have had 3 years parachute payments. Someone did the calcs the other day and estimated in the last 3 years the club has spent a net £1.5M in tranfer fees. So out of an income of around £100M they claim to have invested £50M and the debt has increased by £7M. So that is £157M that has gone to the club! Pull the other one Mr Appleby. It is about time there was some truth and openness about the club's finances.
I'm not spartacus, I cannot believe you need this explaining again! Yes we know they havent got money, and probably never will have, but dont assume there was money coming in to the club. The first parachute payment was used to pay off the loan used to buy the likes of Miller,Claude, Todd etc. Gadsby and Co used a loan as they didnt have money either. The second parachute payment was used to pay off Billy Davies entourage and Jewell's entourage. The third will have been used to pay for the 22 signings that signed in 2008. Tito, Hulse, Ellington, Kazmierczac, Savage, Sterjovski etc etc (which was about £22m in total, but offset against some money raised by selling players like Howard, Jones, Earnshaw etc.
As I said the other day, they have been unfortunate inheriting a club with not only debt, but a commitment which was in deficit to income. The wage bill for the first couple of years was about £20m more than the gate receipts and season tickets!
Football at this level is NOT the cash cow people seem to think it is.
They are just liars. Including the price you pay for the shares and trying to fob it off as 'investment' is just bending the truth beyond breaking point.
The figures still don't add up though Mostyn. I know money went into the club because some of it was mine and the people sitting near me seem to have paid for their seats as well. Not everyone has a freebie despite what a few red dogs might bark.
They didn't inherit a club with debt they purchased a club with debts which they already knew about I presume. We all know they allowed Paul Jewell to waste a significant amount of money on his master plan for immediate promotion. Since then they have been as tight as the proverbial duck's cloaca but for the past three seasons the fans have continued to provide an income stream for the club. Glick also stated that Derby did not need to sell players and then went ahead and sold a key player.
All most fans would like is to know what the financial situation of the club is because GSE make conflicting statements. Yes we have had to shell out a great deal of cash to remedy past mistakes but we have also received a large amount over the same period and the sums don't seem to add up.
So relegated clubs have an advantage over us due to parachute payments for x amount of years but when Derby came down it was a dissadvantage
If Derby County can be in trouble financialy how the hell are other clubs surviving as Derby could possibly have the lowest wage bill in this division by now and if they havent theyre not far off
What makes me laugh about GSE and their spokesman Glick, is they told us at the start of last season is that there would be money for the so called experienced players needed for the spine of the team. Now a year on, we have to sell Shackell for £1.1mil, to buy such players. So like I've said and I've been saying since they have been here, they contradict themselves all the time, and they keep shooting themselves in the foot. All these GSE fans wake up and smell the coffee. If you've got time, have a listen to bbc radio Derby at 6 on the iplayer. Very interesting.
http://www.bbc.co.uk/iplayer/episode/p00tw63p/Colin_Bloomfield_Velodrome_plans_finally_approved_by_Derby_City_Council/
Burton Albion fan in peace. I am a Burton fan as I was born there ,but I follow how Derby are doing as I live in Derby my wife is from Derby and I work in Derby.
I have always thought Derby in the last 10 years or so
have been punching well below there weight when you look at the size of your fanbase.
Derby sould have at least a few big names in your team. Maybe the fact that the fans are so loyal and
keep on paying over there hard earned money is the
reason why the board have lack of any ambition. Maybe people at the top are very happy with mid table with the money rolling in. Keep creaming off the top and cutting back on wage bills.
It would be great for Derby to have a chairman who loves your club and is loyal to the fans.
From that E-Mail reply, Appleby is one patronising barsteward and needs to remove his head from his oversized derrière.
appleby is a slaphead.....
Powerful looking squad this:-
GK:Fielding,Legzdins,Deeney
DF:Brayford,Naylor,Buxton,O'Brien,Roberts
MF: Hughes,Jacobs,Bryson,Hendrick,Ward,B Davies,Doyle
FW:Robinson,Tyson,Ball,Bennett
For sale:Bailey,S Davies
Long-term injured:Barker
How many of that lot do we think are on, let's be generous to GSE here, at least an "average Championship wage".
I'd guess: Fielding, Brayford, Roberts, Bryson, Ward, Robinson, Tyson and S Davies - 8 players, one of whom is for sale!
Comment deleted by Site Moderator
Wassa, I listened to that interview at the time. That bloke should be a politician; Never answers a question with a straight answer. Same old tripe, always sympathetic, and always tomorrow.
As I said on my article the other day, the yanks always try and make negatives sound like positives. Is that the definition of 'spin'?
A sad state of affairs at our club indeed! Probably one of the most worrying times I can remember through my Ram life, and I have suffered the Maxwell and Amigos eras too.
When I heard today that Coventry had sold a 19 year old unproven player for £1M and we only received 100K more for our Captain and mainstay at the back, I almost wept!
Severn
Jones , Addison , Shackell , Cole
Croft , Green , (Bailey) , Connolly
Maguire , (S Davies)
--vs--
Jacobs
Shall we be generous and say Severn, Jones, Cole, Connolly AND Bailey accounts for Jacobs wage?
Are we really going to use ALL of the wages saved on Addison, Shackell, Croft, Maguire AND S Davies on a centre half, a reserve left back and a striker.
Wow.
Don't forget that out of the £1.1 million for Shackell there was a payment to Barnsley. FFS.
YANKS OUT
Someone please post some good news soon!
Some good news soon
no probs.
I thought when glick said Paul Green would not have got in the side was pathetic. Is it the job of ceo to say who would get in and is it right to judge a player when he has gone just to justify the sale..If find listening to glick and co on the radio a complete embarassment , mind you the whole club is an embarassment.
What continues to amaze me is that Nigel Clough has allowed Shackell to go before any transfers in are sorted!!! Can anybody please explain that to me?...im absolutely gobsmacked at it. Nevermind how skint the Yanks are...Shackell should still be with us until signings are done!!!
Can't explain it Backo. It makes absolutely no sense.
I normally can see an angle on most things AJ but this has me totally baffled. Im gonna sit in a dark room with a dripping tap till i make sense of it all!!!
You're right to be confused, Backo. Most of us wouldn't have even entertained a bid, let alone allow JS to leave.
Just read Glick' s interview, it's bad planning to let a player go without having a replacement lined up. We were in no hurry to sell and could have come to a verbal agreement that JS would sign once we had found another defender. Burnley offered money and GSE simply accepted it.
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posted on 12/7/12
Smoke .... Mirrors .... Investors..... Business
Four words that go together regrettably and not just in football
Does That 50mil include our own money ? ie parachute payments?
Ok so they've paid money for a 'business', but how much have they invested in other assets (players)?
posted on 12/7/12
Where has the £50M gone? In the time they have been in charge they have received around £18M per year in tickets etc. They have sold the catering rights for an undisclosed fee, they have had 3 years parachute payments. Someone did the calcs the other day and estimated in the last 3 years the club has spent a net £1.5M in tranfer fees. So out of an income of around £100M they claim to have invested £50M and the debt has increased by £7M. So that is £157M that has gone to the club! Pull the other one Mr Appleby. It is about time there was some truth and openness about the club's finances.
posted on 12/7/12
I'm not spartacus, I cannot believe you need this explaining again! Yes we know they havent got money, and probably never will have, but dont assume there was money coming in to the club. The first parachute payment was used to pay off the loan used to buy the likes of Miller,Claude, Todd etc. Gadsby and Co used a loan as they didnt have money either. The second parachute payment was used to pay off Billy Davies entourage and Jewell's entourage. The third will have been used to pay for the 22 signings that signed in 2008. Tito, Hulse, Ellington, Kazmierczac, Savage, Sterjovski etc etc (which was about £22m in total, but offset against some money raised by selling players like Howard, Jones, Earnshaw etc.
As I said the other day, they have been unfortunate inheriting a club with not only debt, but a commitment which was in deficit to income. The wage bill for the first couple of years was about £20m more than the gate receipts and season tickets!
Football at this level is NOT the cash cow people seem to think it is.
posted on 12/7/12
They are just liars. Including the price you pay for the shares and trying to fob it off as 'investment' is just bending the truth beyond breaking point.
posted on 12/7/12
The figures still don't add up though Mostyn. I know money went into the club because some of it was mine and the people sitting near me seem to have paid for their seats as well. Not everyone has a freebie despite what a few red dogs might bark.
They didn't inherit a club with debt they purchased a club with debts which they already knew about I presume. We all know they allowed Paul Jewell to waste a significant amount of money on his master plan for immediate promotion. Since then they have been as tight as the proverbial duck's cloaca but for the past three seasons the fans have continued to provide an income stream for the club. Glick also stated that Derby did not need to sell players and then went ahead and sold a key player.
All most fans would like is to know what the financial situation of the club is because GSE make conflicting statements. Yes we have had to shell out a great deal of cash to remedy past mistakes but we have also received a large amount over the same period and the sums don't seem to add up.
posted on 12/7/12
So relegated clubs have an advantage over us due to parachute payments for x amount of years but when Derby came down it was a dissadvantage
If Derby County can be in trouble financialy how the hell are other clubs surviving as Derby could possibly have the lowest wage bill in this division by now and if they havent theyre not far off
posted on 12/7/12
What makes me laugh about GSE and their spokesman Glick, is they told us at the start of last season is that there would be money for the so called experienced players needed for the spine of the team. Now a year on, we have to sell Shackell for £1.1mil, to buy such players. So like I've said and I've been saying since they have been here, they contradict themselves all the time, and they keep shooting themselves in the foot. All these GSE fans wake up and smell the coffee. If you've got time, have a listen to bbc radio Derby at 6 on the iplayer. Very interesting.
http://www.bbc.co.uk/iplayer/episode/p00tw63p/Colin_Bloomfield_Velodrome_plans_finally_approved_by_Derby_City_Council/
posted on 12/7/12
Burton Albion fan in peace. I am a Burton fan as I was born there ,but I follow how Derby are doing as I live in Derby my wife is from Derby and I work in Derby.
I have always thought Derby in the last 10 years or so
have been punching well below there weight when you look at the size of your fanbase.
Derby sould have at least a few big names in your team. Maybe the fact that the fans are so loyal and
keep on paying over there hard earned money is the
reason why the board have lack of any ambition. Maybe people at the top are very happy with mid table with the money rolling in. Keep creaming off the top and cutting back on wage bills.
It would be great for Derby to have a chairman who loves your club and is loyal to the fans.
posted on 12/7/12
From that E-Mail reply, Appleby is one patronising barsteward and needs to remove his head from his oversized derrière.
posted on 12/7/12
appleby is a slaphead.....
posted on 12/7/12
Powerful looking squad this:-
GK:Fielding,Legzdins,Deeney
DF:Brayford,Naylor,Buxton,O'Brien,Roberts
MF: Hughes,Jacobs,Bryson,Hendrick,Ward,B Davies,Doyle
FW:Robinson,Tyson,Ball,Bennett
For sale:Bailey,S Davies
Long-term injured:Barker
How many of that lot do we think are on, let's be generous to GSE here, at least an "average Championship wage".
I'd guess: Fielding, Brayford, Roberts, Bryson, Ward, Robinson, Tyson and S Davies - 8 players, one of whom is for sale!
posted on 12/7/12
Comment deleted by Site Moderator
posted on 12/7/12
Wassa, I listened to that interview at the time. That bloke should be a politician; Never answers a question with a straight answer. Same old tripe, always sympathetic, and always tomorrow.
As I said on my article the other day, the yanks always try and make negatives sound like positives. Is that the definition of 'spin'?
posted on 12/7/12
A sad state of affairs at our club indeed! Probably one of the most worrying times I can remember through my Ram life, and I have suffered the Maxwell and Amigos eras too.
When I heard today that Coventry had sold a 19 year old unproven player for £1M and we only received 100K more for our Captain and mainstay at the back, I almost wept!
posted on 12/7/12
Severn
Jones , Addison , Shackell , Cole
Croft , Green , (Bailey) , Connolly
Maguire , (S Davies)
--vs--
Jacobs
posted on 12/7/12
posted on 12/7/12
Shall we be generous and say Severn, Jones, Cole, Connolly AND Bailey accounts for Jacobs wage?
Are we really going to use ALL of the wages saved on Addison, Shackell, Croft, Maguire AND S Davies on a centre half, a reserve left back and a striker.
Wow.
posted on 12/7/12
Don't forget that out of the £1.1 million for Shackell there was a payment to Barnsley. FFS.
YANKS OUT
posted on 12/7/12
Someone please post some good news soon!
posted on 12/7/12
Some good news soon
no probs.
posted on 13/7/12
I thought when glick said Paul Green would not have got in the side was pathetic. Is it the job of ceo to say who would get in and is it right to judge a player when he has gone just to justify the sale..If find listening to glick and co on the radio a complete embarassment , mind you the whole club is an embarassment.
posted on 13/7/12
What continues to amaze me is that Nigel Clough has allowed Shackell to go before any transfers in are sorted!!! Can anybody please explain that to me?...im absolutely gobsmacked at it. Nevermind how skint the Yanks are...Shackell should still be with us until signings are done!!!
posted on 13/7/12
Can't explain it Backo. It makes absolutely no sense.
posted on 13/7/12
I normally can see an angle on most things AJ but this has me totally baffled. Im gonna sit in a dark room with a dripping tap till i make sense of it all!!!
posted on 13/7/12
You're right to be confused, Backo. Most of us wouldn't have even entertained a bid, let alone allow JS to leave.
Just read Glick' s interview, it's bad planning to let a player go without having a replacement lined up. We were in no hurry to sell and could have come to a verbal agreement that JS would sign once we had found another defender. Burnley offered money and GSE simply accepted it.
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