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Wayne Rooney's Derby County - not any more (p41)

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  • Owed to HMRC ? Does that imply it doesn’t now ? 
  • Owed to HMRC ? Does that imply it doesn’t now ? 

    no. Could just as well say owing.
  • IdleHans said:
    Owed to HMRC ? Does that imply it doesn’t now ? 

    no. Could just as well say owing.
    I see the total assets at £65 million but can’t see total liabilities.
  • edited November 2021
    Cafc43v3r said:
    So in simple terms does that mean any new owner has to pay 54.3m to take over and get them out of admin?
  • Cafc43v3r said:
    So in simple terms does that means they have to pay 54.3m to come out of admin?
    Or face liquidation and expulsion from the league, surely
  • edited November 2021
    Cafc43v3r said:
    So in simple terms does that mean any new owner has to pay 54.3m to take over and get them out of admin?
    Probably about 46m would be the level of debt to deal with (regarding msd, transfers, tax) as tax man will take 2/3 apparently 
  • 46m for a league one club that doesn't own its ground. Bargain!

    Maybe Roly's alleged 50m price for us wasn't that far off the mark after all.........
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  • If intangible assets and academy figures are deemed reasonable by a buyer then it looks potentially sellable 
  • Does Wayne Rooney get thrown in?

  • If intangible assets and academy figures are deemed reasonable by a buyer then it looks potentially sellable 
    This is only what's owned by Derby County Football Club Ltd (or what ever its actually called) apparently there are six linked companies, all in administration so the debt is actually higher than these numbers show. 
  • I do fear for Derby, can't see anyone taking over with good intentions 
  • The hmrc is paye/nic but figures don't seem to stack up against payroll/wages.

    Player valuation of existing only 18m.

    Whats the 20m  relating to Derby academy 
  • If no one buys before January then players will be sold to pay creditors. Youth team highly vulnerable to sale as they will still need a team to play games after the best sold.
    Jack Stretton could be a bargain, but unfortunately not to us.
  • edited November 2021
    Redrobo said:
    If no one buys before January then players will be sold to pay creditors. Youth team highly vulnerable to sale as they will still need a team to play games after the best sold.
    Jack Stretton could be a bargain, but unfortunately not to us.
    An unfortunate and slightly distasteful side effect of a club being in such trouble is that everyone else turns into vultures, looking for tasty tidbits to pick off.
    I wouldn’t, for a second, suggest that Charlton shouldn’t try to pick up a bargain, as that would just mean every other club gets the jump on us. But it does sadden me a little.

    I say all this, by the way, while watching Derby v Bournemouth, wondering which of their players we might be able to sign. 🙄
  • Redrobo said:
    If no one buys before January then players will be sold to pay creditors. Youth team highly vulnerable to sale as they will still need a team to play games after the best sold.
    Jack Stretton could be a bargain, but unfortunately not to us.
    An unfortunate and slightly distasteful side effect of a club being in such trouble is that everyone else turns into vultures, looking for tasty tidbits to pick off.
    I wouldn’t, for a second, suggest that Charlton shouldn’t try to pick up a bargain, as that would just mean every other club gets the jump on us. But it does sadden me a little.

    I say all this, by the way, while watching Derby v Bournemouth, wondering which of their players we might be able to sign. 🙄
    From my perspective they bought these players knowing full well that they could not afford them. My sympathies lie with the creditors. Must be galling to be owed money and see them still paying out large amounts of money knowing you will probably end up with nothing.
    As for the youth squad players leaving for next to nothing, they will know how we feel.
  • A few more results like today and they might not be doomed just yet.

    15 points from safety now. It's certainly not impossible.
  • edited November 2021
    hope they crash and burn, entitled parasites 
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  • A few more results like today and they might not be doomed just yet.

    15 points from safety now. It's certainly not impossible.
    I dunno. I think their squad may well be decimated in January.
  • Works out at £150k per week. I suspect fat Wayne's wages are a good lump of that.
  • "From 22 September to 15 November the club built £2.032m in income but spent £3.278m, including £2.136m on wages"

    If he's still on the reported 90k a week then Rooney took home a third of that wage bill by himself.
  • "The administrators had previously stated they needed to take further loans out to allow the club to fulfil their fixtures."

    What bank would loan the money to a company in administration? I could never understand this!
  • I'd imagine Rooney's wages, plus the wages of about half a dozen players, would easily bridge that gap. 

    Their problem will lie in actually being able to shift them on
  • "The administrators had previously stated they needed to take further loans out to allow the club to fulfil their fixtures."

    What bank would loan the money to a company in administration? I could never understand this!
    A bank wouldn’t, but there are lots of alternative lenders out there, but would charge a penal rate of interest - that said, you would need big balls to lend them more money !!
  • Aren't Rooney's wages being paid directly by a betting company?

  • "The administrators had previously stated they needed to take further loans out to allow the club to fulfil their fixtures."

    What bank would loan the money to a company in administration? I could never understand this!
    A bank wouldn’t, but there are lots of alternative lenders out there, but would charge a penal rate of interest - that said, you would need big balls to lend them more money !!
    But what collateral do they have if they default.  Sorry, we went bust, you are not going to get your money, or here's Wayne Rooney, he'll do a PA for you??? You must be mad to do that with your money...
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