Quote Originally Posted by swaledale View Post
Although lets not forget that Mel Morris is reportedly still worth £500m? Yet has put the club into administration with debts of £60 million. Go figure
Mel chased the dream. He threw money at promotion like there was no tomorrow. According to the insolvency report (or whatever it's called) put out by Quantuma some 8 weeks into their "tenancy", the club owes Mel £140M. Then there's also the £80M his Gellaw company paid for Pride Park. That's over £200M. He'd promised his family he wouldn't put more than £100M in so there was probably pressure from them to pull out. Then there's the balance between liquid and non liquid funds in his "worth". Is he through his liquid funds and not prepared, or not allowed to, to have to sell property, shares, whatever to further prop the club up.

CK will be out the basic cost of buying the club plus whatever he's put in his business plan to the EFL. MM is out the original purchase price plus almost a quarter of a billion.