Forum | Derby again by loftboy

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Derby again 17:09 - Aug 12 with 2039 views

https://www.twtd.co.uk/forum/484380/derby-have-borrowed-another-%EF%BF%BD30m/#6

	favourite cheese mature Cheddar. FFS there is no such thing as the EPL
Poll:	Are you watching the World Cup

Derby again on 19:54 - Aug 12 with 1664 views

MedwayR

So it’s a £30m loan to cover Derby’s operating costs. Not sure what it’s secured on but from what I can gather from Derby message boards is it’s either the stadium (Morris’ company would hand over the keys if DCFC can’t pay) or Morris hands over the club or at least a significant part of it. Quite hilarious seeing the Derby fans go from excited schoolgirls thinking they’d got a new billionaire investor to ‘actually this might not be so good, it’s just a loan at commercial rates bleeding more money from the club’.

Poll:

Who’s better?

Derby again on 20:06 - Aug 12 with 1607 views

hantssi

It’s like borrowing money against a house you rent NOT own!
How on Earth are they getting away with this?0

Derby again on 01:24 - Aug 13 with 1187 views

DavieQPR

They are going to come crashing down to Earth shortly. A second loan on a stadium they don't own and which they fiddled the price for. The sale of the ground was more than likely just paper transfers between his companies. If you have to borrow £30m from an American bank then it has to be paid back with interest showing there could be a cash problem there.

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