New Investment

[Batu1969]

Just saw this on insta, had not appreciated how much US money had come into the game. Maybe that is what DK is banking on?

 

[long way home]

They love the idea of even if relegation happens they have some way of recouping the investment due to parachute payments. Lots of US money interested in the Prem, but think Doug wants a different type of investor..

 

[HadjiChippo]

Just saw this on insta, had not appreciated how much US money had come into the game. Maybe that is what DK is banking on?

Sunderland such a forgettable side

 

[wingy]

Influence,time they had proper look at it imo,Bezos Liverpool? only interest is it's a cash machine beats anything out there,, even Doug to a degree?

 

[Batu1969]

Sunderland such a forgettable side

Hadn’t noticed that

 

[Hobo]

Sunderland such a forgettable side

Swiss owners staying out of the war

 

[wingy]

I do think it's time for Lisa nandy if she's still in role to actually do some protecting of our English game , we don't want to be swamped by all this money coming into the game,we could end up trying to sack Infantino but get out voted by people coming in to position and being against it!.

 

[Skyblueabo1111]

Doug king is sisu.

I often wondered this, or is this a windup?

 

[wingy]

McGinnity tried to steer the ship which was heavily taking on water and sinking from the damaged Richardson did. He ran up the huge debts and promised a stadium that was a thing of make believe with retractable roof and pitches (I’ve got the original magazine they published all about the new stadium being built) then overpaid for the land without taking into account the clean up work etc. It was a huge mess Joe Elliott and McGinnity tried to save the club but it was too late. Sadly SISU came in and we all know the rest.

I'm not so sure about the contaminated land as that cleaned but getting a Grant off the EU?

 

[Kneeza]

I often wondered this, or is this a windup?

Consider yourself wound.

 

[wingy]

Doug king is sisu.

Nah he's not he might have backers though

 

[Lamps]

Nah he's not he might have backers though

Having backers would have made a bigger difference in the Championship than the Prem.

In the Championship you're allowed to make losses up to a certain amount. In the Prem we can only use 85% of our revenues on transfer fees and wages. There's also a rolling 30% usable that never resets. Once used it only goes back up when you underspend on the 85%

 

[corniepaste]

Having backers would have made a bigger difference in the Championship than the Prem.

In the Championship you're allowed to make losses up to a certain amount. In the Prem we can only use 85% of our revenues on transfer fees and wages. There's also a rolling 30% usable that never resets. Once used it only goes back up when you underspend on the 85%

Sorry for being dumb but can you explain that 30% bit please

 

[Lamps]

Sorry for being dumb but can you explain that 30% bit please

Not a problem.

Best if we start from the beginning. Every bit of revenue counts towards what we can spend. That's why it's massive that we own our own stadium. We can spend 85% of our revenue on players transfer fees and wages. They transfer fees are spread over the years of their contracts.

But in case of an emergency you also get an extra 30% of your revenues at any time to go towards the transfer fees and wages. Let's say for instance our revenues for the year are £150m. It gives us an extra £45m we can spend. But go over this tou get a minimum 6 points deduction.

It's a rolling extra you can use. Once it's used it's gone. You don't get it back after a certain amount of time, but if you have a season where you don't spend the full 95% of your income it gets put onto your extra 30% allowance you've used up to the original 30% allowed. It doesn't go above the original 30%

 

[Skyblueabo1111]

Consider yourself wound.

Still wouldn't suprise me if there is still a link. No evidence either way.

 

[alexccfc99]

Still wouldn't suprise me if there is still a link. No evidence either way.

Doug openly said in the first interview he ever did as owner of the club that he knows and has done business with Dermot Coleman (SISU Director) and has never shied away from that

There is clearly a link between himself and SISU

He, most importantly hasn't ran the club anything like them so I am not sure why people make a song and dance over it

 

[edgy]

Just saw this on insta, had not appreciated how much US money had come into the game. Maybe that is what DK is banking on?

I saw this too and it did suprise me. I then saw this:



Using "Motor City" and the COV branding. Got dreaming of some US investment. Apparently one of the Detroit City FC owners is a Billionaire......

All seems very random.

 

[chiefdave]

I saw this too and it did suprise me. I then saw this:



Using "Motor City" and the COV branding. Got dreaming of some US investment. Apparently one if the Detroit City FC owners is a Billionaire......

All seems very random.

Think they're doing this for every Premier League team so they'll be looking for any excuse to 'match' cities

 

[Dougin]

Since the change of financial rules in the Prem you can only spend 85% of your revenues on player signings and wages. There's also a rolling 30% extra that doesn't reset in case of emergencies.

This means that you can bring in as much investment as you like, but if you use it and go over your limit you get a minimum 6 points deduction.

Would them revenues include all the money the club could get in from holding events & concerts at the arena as i would image turnover on them events to be very high.

 

[Skyblueabo1111]

Doug openly said in the first interview he ever did as owner of the club that he knows and has done business with Dermot Coleman (SISU Director) and has never shied away from that

There is clearly a link between himself and SISU

He, most importantly hasn't ran the club anything like them so I am not sure why people make a song and dance over it

I haven't made ," a song and dance".Just asked the question.

 

[Deity]

Still wouldn't suprise me if there is still a link. No evidence either way.

What an odd take.

There is no evidence either way that Gary Barlow isn’t an investor but we don’t therefore assume he might be.

 

[wingy]

What an odd take.

There is no evidence either way that Gary Barlow isn’t an investor but we don’t therefore assume he might be.

End of speculation please don't wish to go anywhere in public with speculation?

 

[King Dougs Quiff]

End of speculation please don't wish to go anywhere in public with speculation?

Would be a good rumour to start... see how far it gets

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[wingy]

Would be a good rumour to start... see how far it gets

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Hull for instance, then.

 

[Hobo]

Not a problem.

Best if we start from the beginning. Every bit of revenue counts towards what we can spend. That's why it's massive that we own our own stadium. We can spend 85% of our revenue on players transfer fees and wages. They transfer fees are spread over the years of their contracts.

But in case of an emergency you also get an extra 30% of your revenues at any time to go towards the transfer fees and wages. Let's say for instance our revenues for the year are £150m. It gives us an extra £45m we can spend. But go over this tou get a minimum 6 points deduction.

It's a rolling extra you can use. Once it's used it's gone. You don't get it back after a certain amount of time, but if you have a season where you don't spend the full 95% of your income it gets put onto your extra 30% allowance you've used up to the original 30% allowed. It doesn't go above the original 30%

Transfer fees can only be spread over 5 years now, but you can still give a player a contract over 5 years.

 

[King Dougs Quiff]

Hull for instance, then.

Bezo's is reportedly buying a minority stake in liverpool... Motor City, Tesla is a Car, Musk owns Tesla, Musk invests in City, Builds Launch Pad 6 on car park C, Space X Stadium.

Im onto you King Doug

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[wingy]

Bezo's is reportedly buying a minority stake in liverpool... Motor City, Tesla is a Car, Musk owns Tesla, Musk invests in City, Builds Launch Pad 6 on car park C, Space X Stadium.

Im onto you King Doug

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Don't mention spacex.

 

[wingy]

Bezo's is reportedly buying a minority stake in liverpool... Motor City, Tesla is a Car, Musk owns Tesla, Musk invests in City, Builds Launch Pad 6 on car park C, Space X Stadium.

Im onto you King Doug

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Get a decent rail service up and running first priority I think?
More benefit?

 

[King Dougs Quiff]

Get a decent rail service up and running first priority I think?
More benefit?

Boring Company or Hyperloop from town?

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[Batu1969]

I saw this too and it did suprise me. I then saw this:



Using "Motor City" and the COV branding. Got dreaming of some US investment. Apparently one of the Detroit City FC owners is a Billionaire......

All seems very random.

I don’t think it’s random, my guess is that it’s just small scale with the goal, for now, of scaling up US interest authentically / organically.

 

[Sky Blue Harry H]

Every bit of revenue counts towards what we can spend

That's why we've gone from £3.60 Budweiser to £5.80 Carling

 

[corniepaste]

Not a problem.

Best if we start from the beginning. Every bit of revenue counts towards what we can spend. That's why it's massive that we own our own stadium. We can spend 85% of our revenue on players transfer fees and wages. They transfer fees are spread over the years of their contracts.

But in case of an emergency you also get an extra 30% of your revenues at any time to go towards the transfer fees and wages. Let's say for instance our revenues for the year are £150m. It gives us an extra £45m we can spend. But go over this tou get a minimum 6 points deduction.

It's a rolling extra you can use. Once it's used it's gone. You don't get it back after a certain amount of time, but if you have a season where you don't spend the full 95% of your income it gets put onto your extra 30% allowance you've used up to the original 30% allowed. It doesn't go above the original 30%

Thanks

 

[Lamps]

Would them revenues include all the money the club could get in from holding events & concerts at the arena as i would image turnover on them events to be very high.

If it is revenue tied to our club then yes.

If we rented out the complete stadium for an event then only this would count. If we rent out the venue but we also supply the food and beverage then this would also be included as it would be a part of our revenues.

 

[Robinshio]

Food and drink from take that was included. Doug said in Lorna Bailey interview he couldn’t believe how much was spent

 

[Captain Dart]

I don’t think it’s random, my guess is that it’s just small scale with the goal, for now, of scaling up US interest authentically / organically.

Interesting.