Teams: Derby County, Burton Albion
RAMS CONFIRM GSE ANNOUNCEMENT
Posted on: Mon 28 Jan 2008
Athough full details of the announcement will not be revealed until a Pride Park media conference at 2pm today, the Rams can confirm media reports concerning the identity of the new owners of Derby County.
The United States-based General Sports and Entertainment (GSE) have agreed an investment partnership with the club that aims to establish the Rams as a Premier League force of the future.
Adam PearsonDerby County Chairman Adam Pearson (pictured left) made it clear the cash and management expertise being invested in the club by GSE was in the form of cash, not debt, and that the financial future of the club is now underpinned.
"This is a significant day in the history of this club," said Pearson, "and the takeover adds new financial firepower, underpinning a long term plan to establish Derby County as a major player in the Premier League and as an international club brand.
"The long-term aim is to establish the Derby County brand worldwide through successful alliances with sporting teams in the USA, Far East and other continents. The immediate aim though is to continue to build the infrastructure of the club at Pride Park and obviously develop a squad which over the coming seasons is renowned as a Premier League force. The turnaround in the fortunes of Aston Villa, with their American investment in squad and club infrastructure, is a key model we would like to emulate over the coming seasons."
General Sports and Entertainment was founded in the USA in 1998 by Chairman Andy Appleby, 45, who said: "We are excited about the opportunity to make a significant impact at Derby County with our collective sports industry knowledge of best practices in management, sales and marketing. We have visited Derby County over the last six months and experienced a match day at Pride Park Stadium, where we were impressed with the incredible potential of the club and the loyalty of the fan-base."
The new-look Board will include Appleby, Pearson and Tom Glick, who will be joining the club soon as new President and Chief Executive Officer. Pearson stays on as Chairman of Football Operations, together with current Finance Director and Company Secretary Martin Ridgeway, Operations Director John Vicars and Commercial Director Perry Deakin. Glick, 39, an experienced sports management professional, is re-locating from the USA. Glick is part of the General Sports organisation and most recently was Chief Marketing Officer for the New Jersey Nets of the NBA. Glick will be joined in Derby by another member of the General Sports organisation, Tim Hinchey, who will be joining the club soon as an Executive Vice President. Hinchey most recently served as a Vice President with the Charlotte Bobcats of the NBA.
Don Amott and Peter Gadsby will be reappointed as non-executive directors, representing an important continuation in terms of the history of the club and the local Derby community.
Pearson added: "On behalf of everyone at Derby County and the supporters of the club, I want to thank the shareholders for their approval of the GSE arrangement. The achievements of the former Board, led by Peter Gadsby, in rescuing this club from financial difficulty cannot be under-estimated and will never be forgotten."
General Sports and Entertainment is a multi-faceted sports and entertainment marketing and management firm with a reputation for excellence in the USA. Appleby is former Senior Vice President of Palace Sports and Entertainment and the Detroit Pistons and it was in a suburb of Detroit in 1998 that he launched GSE.
Appleby said: "We have a company philosophy that we like to call 'The GSE Difference'. It is the standard of excellence that we expect and demand in the service that we provide to all our clients, and that standard of excellence carries through to every aspect of our business. Everything we do is held to the highest standard of excellence, first-class operation and professionalism."
GSE will be managing the investment of members of the USA consortium they have brought together, but crucially will also bring their business expertise to the management of Derby County.
A new recruit to GSE's key personnel in the States is Vice President of Soccer Roger Faulkner, who, as a consultant, played a part in the acquisition of Derby County. Faulkner, who grew up in Derbyshire and attended the former Herbert Strutt Grammar School in Belper, was a top 10 ranked England junior tennis player before moving to the USA in the 1960s. He will assist GSE with the Derby County operation.
Originally Posted by Nico
I dont belive in jinxing mate, I do belive in playing at home with a 2-0 advantage against a team which I cant see scoring 2 goals!
Of course, if we lose, I'll never admit it was me who wrote this.
Forest 2-5 Yeovil aet
Brian Clough - Legend!