Isnt the £50mill proof of funds? Sure Donald harped on about having to show he had that when he was trying to defend taking the parachute payments to actually buy the club!
I genuinely think he came here with the best of intentions but the fact remains that he royally ****ed it up. Some of the decisions he made as chairman look absolutely ridiculous with hindsight, the appointment of Phil Parkinson being the one that really jumps out. Whilst most of us accept that the club had to drastically reduce costs, he seemed to be unable or unwilling to start rebuilding the club. But his biggest crime is what he did to the academy. A generation of youth talent flogged on the cheap. He also managed to **** up a once in a lifetime opportunity for the club to have a genuinely game changing
Agree with this to be fair, massively out of his depth, there’s a reason he wants to get his money and go back to Eastleigh
If you go right back to the start a few weeks ago you will see that the early speculation was all about KLD or his family buying the remaining shares, however there was also mention of KLD moving the goalposts on price as D and M were not prepared to put in their share. When the first deadline passed about a week ago the rumour mill had started up regarding new investors and waters were muddied by TFT however the initial thoughts were that KLD or close associates of the family would be the ones to take the shares this was mentioned by numerous posters who were mostly just looking at the situation and forming their own opinion. The other interested parties could still be in line for the remaining 19 percent but more than likely this will go to MLD or KLD. To be fair buisness wise I think they have played SD like a fiddle. The real questions now are regarding new sponsors and new kit and new signings and not to be looking at who was right and who was wrong. Remember the future is bright the future is red and white.
Your opinion matters, don't take it personally but other parties could just of been red herrings as to what was really going on.
Fixtures out in just under 2 hours, rumours of an away game first to let the pitch recover. First home game should be bouncing. Must admit I expected a statement from CM after selling his shares, disappointed he hasn't made.one as I could have done with a laugh at its contents. SD and his 19% are even more insignificant than ever and it's clear he is about as welcome as a fart in a spacesuit around the club and even more so in the directors box. The box of ****s I give about him is empty though, he is just a name on a document
The new valuation for SAFC is now £72 million in Feb of this year it was for sale at £36 million. Now that's a good investment
Their entire plan was to get promoted in season one and flip the club and when that failed he flapped big time. Some of the decisions that followed, such as selling off the kids and appointing Parkinson stunk of a man who was out of his depth and ultimately desperate.
Played yesterday and had a cracker, not played well for 6 months and last 3 been good ones, enjoy the round
Massive jump if thats confirmed and validated. Would have thought it would be closer to 50m or so. That said, we are a very attractive investment these days. Very.
I think he came here with the intention of making some money. Buy the club with it's own money, get promoted then sell it on for a massive profit. When that failed he had no plan B and we drifted for 2 years until KLD came in
Derbys valuation is so much higher than ours was in league one because it includes the debt they owe. Potential owners need to show they’re able to buy the club AND it’s debt (to MSD capital ironically)
