Silence of The Rams


Well he finally came to his senses. His timing doesn’t say much for this latest round of deckchair re-arranging.
 
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So does this mean Steve Gibson was right about pride park not being worth 80 million as well?
It's just I thought Derby were cleared of selling it to themselves at an inflated price to cheat the rules.
The points deductions and 100k fine were for other things they did to insult every other club.
 
So does this mean Steve Gibson was right about pride park not being worth 80 million as well?
It's just I thought Derby were cleared of selling it to themselves at an inflated price to cheat the rules.
The points deductions and 100k fine were for other things they did to insult every other club.
They should have a re-analysis of that finding with new evidence
 
Anybody who knows anything about property, land etc know Pride Park is worth pretty much f*ck all. The land is worthless for anything other than its current use - a sport stadium in Derby - or retail to match the surrounding area. Not like Chelsea where the land Stamford Bridge is sat on is worth an absolute fortune and could easily be redeveloped with a couple of hundred swanky high end apartments.
£80m was a joke, and as for the EFL signing it off.......🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️.
 
Is it the end of the beginning>>>>>>> ?

Major Companies House update after key Derby County takeover deal completed

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Derby County will hope to welcome new owners this week as Clowes Developments closes in on a takeover of the club.

And there has been some significant movement on Companies House records as Rams fans await news on the deal. Clowes Developments announced on Friday that they had purchased the company, Gellaw Newco 202, which was in control of Pride Park and owned by former chairman Mel Morris.

The deal was completed on June 17 and now the records have been updated to reflect the changes. Nearly £60m in shares were allotted, while Morris is no longer attached to the company after the termination of his appointment as a director.

David Clowes and Ian Dickinson have been appointed as directors, while Richard Tavernor, who is the financial director at Clowes, has been appointed secretary.

Administrators Quantuma confirmed on Sunday that Clowes have now been given preferred bidder status and aim to have the takeover completed on Wednesday.

“Over the course of the last day or so, the joint administrators have continued positive discussions with Derbyshire-based property group, Clowes Developments (UK) Ltd (“Clowes”) which resulted in a credible and acceptable offer being submitted," a statement read.

"Discussions in respect of this offer, which complies with the EFL Insolvency Policy, have taken place with a range of stakeholders.

“The joint administrators are delighted to confirm that they have formally accepted Clowes’ offer to acquire Derby County Football Club (“The Club”) out of administration. Clowes has been granted preferred bidder status with immediate effect.

“The joint administrators will now enter into a period of exclusivity with Clowes, with a completion of the acquisition of the business and the assets of the Club targeted for 29 June 2022. All parties are now working hard to conclude what is still a complex legal transaction within a very short timeframe. Once concluded, the transaction will enable the Club to move forward and prepare for the upcoming season out of administration.

" It will also ensure that Pride Park Stadium and the club are under the control of a new, local owner with the commitment and resources to enable the club to move forward with a clean slate. The offer also provides the best return for creditors and enables the Joint Administrators to fulfil their statutory duties and will ensure that there are no further points deductions levied against the club once it is out of administration.

"The acceptance of Clowes’ offer, and the entering into a period of exclusivity means the joint administrators are now prohibited from continuing discussions with other parties who had indicated an interest in acquiring the club. The main focus is now on concluding the transaction with Clowes within the targeted time frame."


More to follow>>>>>
 
Is it the end of the beginning>>>>>>> ?

Major Companies House update after key Derby County takeover deal completed

View attachment 40543
View attachment 40544
Derby County will hope to welcome new owners this week as Clowes Developments closes in on a takeover of the club.

And there has been some significant movement on Companies House records as Rams fans await news on the deal. Clowes Developments announced on Friday that they had purchased the company, Gellaw Newco 202, which was in control of Pride Park and owned by former chairman Mel Morris.

The deal was completed on June 17 and now the records have been updated to reflect the changes. Nearly £60m in shares were allotted, while Morris is no longer attached to the company after the termination of his appointment as a director.

David Clowes and Ian Dickinson have been appointed as directors, while Richard Tavernor, who is the financial director at Clowes, has been appointed secretary.

Administrators Quantuma confirmed on Sunday that Clowes have now been given preferred bidder status and aim to have the takeover completed on Wednesday.


“Over the course of the last day or so, the joint administrators have continued positive discussions with Derbyshire-based property group, Clowes Developments (UK) Ltd (“Clowes”) which resulted in a credible and acceptable offer being submitted," a statement read.

"Discussions in respect of this offer, which complies with the EFL Insolvency Policy, have taken place with a range of stakeholders.

“The joint administrators are delighted to confirm that they have formally accepted Clowes’ offer to acquire Derby County Football Club (“The Club”) out of administration. Clowes has been granted preferred bidder status with immediate effect.

“The joint administrators will now enter into a period of exclusivity with Clowes, with a completion of the acquisition of the business and the assets of the Club targeted for 29 June 2022. All parties are now working hard to conclude what is still a complex legal transaction within a very short timeframe. Once concluded, the transaction will enable the Club to move forward and prepare for the upcoming season out of administration.

" It will also ensure that Pride Park Stadium and the club are under the control of a new, local owner with the commitment and resources to enable the club to move forward with a clean slate. The offer also provides the best return for creditors and enables the Joint Administrators to fulfil their statutory duties and will ensure that there are no further points deductions levied against the club once it is out of administration.

"The acceptance of Clowes’ offer, and the entering into a period of exclusivity means the joint administrators are now prohibited from continuing discussions with other parties who had indicated an interest in acquiring the club. The main focus is now on concluding the transaction with Clowes within the targeted time frame."


More to follow>>>>>
“moving forward with a clean slate” ?
 
And there has been some significant movement on Companies House records as Rams fans await news on the deal. Clowes Developments announced on Friday that they had purchased the company, Gellaw Newco 202, which was in control of Pride Park and owned by former chairman Mel Morris.
Kerching, another 3.5m in the bank for us
 
Even if we only got £3.5m some of their fans would complain and blame Steve Gibson for their struggles.

While they financially cheated their way (as judged by the Football League) into a top 6 slot in 2019.
 
Even if we only got £3.5m some of their fans would complain and blame Steve Gibson for their struggles.

While they financially cheated their way (as judged by the Football League) into a top 6 slot in 2019.
The 3.5m was paid by Morris rather than Derby in the end so it's nothing to do with their plight, lets call it Arcehole Tax
 
The 3.5m was paid by Morris rather than Derby in the end so it's nothing to do with their plight, lets call it Arcehole Tax
Yes, I seem to recall it would be payable by Morris conditionally on his selling of Pride Park
 
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What will they call the new stadium?

Fairyland, Shangri La, Asgard, El Dorado. Or, for tax reasons… Stade Louis II!
 
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