Hxj Posted December 25, 2021 Report Share Posted December 25, 2021 15 hours ago, ExiledAjax said: The East Midlands really is the best part of England isn't it. Absolutely! Quote Link to comment Share on other sites More sharing options...
pongo88 Posted December 25, 2021 Report Share Posted December 25, 2021 22 hours ago, VT05763 said: Surely this was their last/best hope, unless there is some "mystery" buyer hiding in the wings. Sounds like a "fire sale" and liquidation doesn't it ? It’s all falling into place. Wael buys Derby once the sale of the Memorial Stadium has gone through and Mike Ashley buys Rovers. 1 Quote Link to comment Share on other sites More sharing options...
Lanterne Rouge Posted December 25, 2021 Report Share Posted December 25, 2021 Just having a quick scan of their forum and they seem to think they know who the successful bidder will now be. They have serious concerns that this person/people only use one agent - one beginning with W. Quote Link to comment Share on other sites More sharing options...
BetterRedthanBlue Posted December 25, 2021 Report Share Posted December 25, 2021 6 hours ago, Lanterne Rouge said: Just having a quick scan of their forum and they seem to think they know who the successful bidder will now be. They have serious concerns that this person/people only use one agent - one beginning with W. Don't know why they should be concerned with that I mean it's Derby County who wouldn't want to play for them? Valverde, Laporte, Aouar, Stones, McKenna all signed with the agent being with W they'll be in the Derby county lineup next season! 1 Quote Link to comment Share on other sites More sharing options...
Hxj Posted December 26, 2021 Report Share Posted December 26, 2021 Get your Ponzi scheme here ... www.buydcfc.com! Get your Multi-Level Marketing scheme here www.buydcfc.com! Invest in the future of your heritage club's exclusive NFTs available in a fan owned club here www.buydcfc.com! Quote Link to comment Share on other sites More sharing options...
Lanterne Rouge Posted December 26, 2021 Report Share Posted December 26, 2021 Reading on their forum that HMRC will only accept a long term repayment arrangement (more than two years) if 35% of the debt is paid at the start. Any of you tax bods know if that is indeed the case? Quote Link to comment Share on other sites More sharing options...
Davefevs Posted December 26, 2021 Report Share Posted December 26, 2021 48 minutes ago, Lanterne Rouge said: Reading on their forum that HMRC will only accept a long term repayment arrangement (more than two years) if 35% of the debt is paid at the start. Any of you tax bods know if that is indeed the case? From what I’ve read on here, payment plans are accepted. Quote Link to comment Share on other sites More sharing options...
Lanterne Rouge Posted December 26, 2021 Report Share Posted December 26, 2021 12 minutes ago, Davefevs said: From what I’ve read on here, payment plans are accepted. But if the 35% thing is a condition that`s £8-10m they`ll need to find up front and quickly. 1 Quote Link to comment Share on other sites More sharing options...
Hxj Posted December 26, 2021 Report Share Posted December 26, 2021 10 hours ago, Lanterne Rouge said: HMRC will only accept a long term repayment arrangement (more than two years) if 35% of the debt is paid at the start. For a smallish PAYE business like Derby County it will all depend upon the facts. There are no hard and fast rules other than HMRC want the money. For any payment plan of this size they will demand detailed cash flows, draft accounts and a host of other details. HMRC will also want to know why the money wasn't paid previously (there was a winding up order in January 2020) and how it all fits in with the Administration. As HMRC are third in line for cash after the Administrators and MSD there is absolutely no reason why they should waive their preferential status. They could just say "pay us before you pay the remaining unsecured creditors (including football creditors)." Which could drop another 15 point penalty onto Derby if the EFL rules on Football Creditors are breached. 1 1 Quote Link to comment Share on other sites More sharing options...
Slippin cider Posted December 27, 2021 Report Share Posted December 27, 2021 Winning at home against WBA after an absolute howler from Sam Johnstone …. Quote Link to comment Share on other sites More sharing options...
Jerseybean Posted December 27, 2021 Report Share Posted December 27, 2021 28 minutes ago, Slippin cider said: Winning at home against WBA after an absolute howler from Sam Johnstone …. Won 1-0 with just one shot on target and in the 95th minute Ryan Allsop makes a superb save to deny Kyle Bartley a last-minute leveller! Quote Link to comment Share on other sites More sharing options...
Wrongagain Posted December 27, 2021 Report Share Posted December 27, 2021 2 minutes ago, Jerseybean said: Won 1-0 with just one shot on target and in the 95th minute Ryan Allsop makes a superb save to deny Kyle Bartley a last-minute leveller! Another farce from LINNINGTON, disagreed with linos a few times and seemingly intent on helping WBA - win only for WBA to throw it away! Quote Link to comment Share on other sites More sharing options...
Roymand 1 Posted December 27, 2021 Report Share Posted December 27, 2021 What a poor performance from West Brom seeing they could have gone second in table Quote Link to comment Share on other sites More sharing options...
Slippin cider Posted December 27, 2021 Report Share Posted December 27, 2021 Detest WRDC 2 Quote Link to comment Share on other sites More sharing options...
Lanterne Rouge Posted December 27, 2021 Report Share Posted December 27, 2021 25 minutes ago, TomF said: Sky Sports absolute Walking themselves into a frenzy over a 1-0 win. No doubt if they go down they’ll be the first L1 side to feature 35 times on TV next season I know, it`s nauseating. `This proud club from this proud city` about five times. 2 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted December 27, 2021 Report Share Posted December 27, 2021 1 hour ago, TomF said: if If? When. Absolutely it's when. Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted December 29, 2021 Report Share Posted December 29, 2021 (edited) Piece in today's Times- refers to levelling up and football clubs- example provided is Derby County!? https://www.thetimes.co.uk/article/football-club-survival-should-be-a-levelling-up-goal-fans-tell-the-pm-rzrtwxhfd Behind a paywall but I wonder how many of these Derby fans expressed misgivings when Mel 'had the EFL on strings'. I don't wish them bust but they need to suffer the consequences of their actions too- ideally that would constitute a firesale, an EFL business plan and of course relegation this season. Quote Frayne’s consultancy, Public First, conducted two focus groups this month for The Times in Derby with fans of Derby County. The club was one of the 12 founder members of the Football League but is now in administration and at risk of liquidation. The East Midlands city has two constituencies, one an ultra-marginal seat gained by the Conservatives in 2019; the other held by Labour’s Dame Margaret Beckett since 1983, but with a diminished majority at the last election. The participants in the focus groups saw the survival of their club as a vital component of the civic pride that Johnson wants to sit at the core of levelling up. “It’s 100 per cent integral to the city,” one participant, James, said. Quote Few of the 12 participants knew much about levelling up. One, Phil, believed it was about rebalancing the north against the south, a characterisation that would annoy some southern Conservatives. Once the concept was explained to them, several believed that the prospect of Derby County folding was a levelling-up question. “It shouldn’t have been allowed to get this far in the first place,” Dave said. Levelling up, to the focus group participants, seemed to be mostly a question of pride in their local area. “Yes, [Derby] does want levelling up, and the money should be spent on improving the city centre,” Phil said. Last month a review chaired by the Conservative MP Tracey Crouch called for an independent regulator to oversee a tougher fit and proper persons test for potential new owners of football clubs. Almost nobody in the groups had heard of Crouch’s review, but there was broad backing for its aims once they were explained. “If things had been dealt with differently [at Derby County], we wouldn’t be in the whole situation,” Hannah said. Sounds convenient- bit like clutching onto a passing lifeboat, converts to the cause. very Johnny Come Lately. Sceptical about some of their points- they only seem to be committed because the gambling went wrong, the fact that almost nobody in the group had heard of the Crouch review at starting point. "Dealt with differently" can also mean different things- some follow up questions on what they meant or thought they meant would have also been good. Perhaps they thought that the EFL should not have launched investigations into the stadium sale, which in turn led onto the amortisation issue and not challenged them on this point- perhaps this is what they meant by dealt with differently- that's why follow-up questions would be good. Granted this is only 12 people. I do have some sympathy with the message about football clubs and pride in the area- they all have good Community Trusts as well, but I dunno some aspects of these answers seem a bit superficial or simple on face value- especially the bits about not having heard of the Crouch Review but then on explanation saying that it'd have solved Derby's issues. Edited December 29, 2021 by Mr Popodopolous Quote Link to comment Share on other sites More sharing options...
Hxj Posted January 4, 2022 Report Share Posted January 4, 2022 An update on the Derby points position at the beginning of 2022, and a 2:2 draw at Reading. As regards Derby - With 32 (gross) points from 25 games, which would put them in 14th place. that gives them a generous season total with no deduction of 59 points. That would see them survive in all of the last 10 seasons. With the 21 point deduction a net score of 38 that would see them relegated in all of the last 10 seasons, that is after 10 points in the last 4 games, Reading, in 21st place (after a six point deduction), are on target for a gross points score of 56 points, with a net of 50 points. However Cardiff and Hull in 19th and 20th place are currently on target for an ungenerous 44 points. This simply demonstrates the nearly impossible position Derby are in. Based on the current performances Derby need 33 points from 21 games, which is the same performance as Huddersfield in sixth have achieved so far. So after a good fortnight on the pitch the position is still dire. Off the pitch the 'imminent' announcement of the preferred bidder as detailed by the Administrators is still to happen. My understanding is that all the bidders end up with the football club failing to meet the requirement to pay unsecured non-football creditors 25% of their debt immediately (or 35% in three years) therefore Derby will suffer a 15 point deduction next year. Oh and the Transfer Window is open, I understand that at the very least Buchanan and Lawrence will be sold. 1 Quote Link to comment Share on other sites More sharing options...
Davefevs Posted January 7, 2022 Report Share Posted January 7, 2022 Not sure how long this position will last! Quote Link to comment Share on other sites More sharing options...
Port Said Red Posted January 7, 2022 Report Share Posted January 7, 2022 What is Cardiff's position regarding FFP, I can't remember them being mentioned. Quote Link to comment Share on other sites More sharing options...
chinapig Posted January 7, 2022 Report Share Posted January 7, 2022 7 hours ago, Davefevs said: Not sure how long this position will last! What happened to the "imminent" announcement of a preferred bidder I wonder? 1 Quote Link to comment Share on other sites More sharing options...
Kodjias Wrist Posted January 7, 2022 Report Share Posted January 7, 2022 51 minutes ago, Port Said Red said: What is Cardiff's position regarding FFP, I can't remember them being mentioned. I imagine not great going off comments from their chairmen a few weeks back regarding the transfer window. He alluded to not having money to spend. I was under the impression that this is their last season of parachute payments too? 1 Quote Link to comment Share on other sites More sharing options...
Davefevs Posted January 7, 2022 Report Share Posted January 7, 2022 1 hour ago, Port Said Red said: What is Cardiff's position regarding FFP, I can't remember them being mentioned. They’ve just finished their 2 seasons of PPs, they only got 2 seasons as they went up and down. Their 2 seasons reported (2018/19 and 2019/20) look okay and they looked to be tightening their belts (which could give their owner Vincent Tan nasty nipple rash ) and making sensible signings in terms of realising their position. So I doubt they will have issues. 1 Quote Link to comment Share on other sites More sharing options...
cider11 Posted January 7, 2022 Report Share Posted January 7, 2022 Mike Ashley preparing a 50m bid according to sky sports - https://www.skysports.com/football/news/11696/12511258/mike-ashley-preparing-50m-takeover-bid-to-buy-derby-county?fbclid=IwAR1YmC1brudLVdxBB_dmdtYMYEGlOagwz82OkQBQnpgCrGRh93ebQx7ZfsU Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted January 7, 2022 Report Share Posted January 7, 2022 28 minutes ago, cider11 said: Mike Ashley preparing a 50m bid according to sky sports - https://www.skysports.com/football/news/11696/12511258/mike-ashley-preparing-50m-takeover-bid-to-buy-derby-county?fbclid=IwAR1YmC1brudLVdxBB_dmdtYMYEGlOagwz82OkQBQnpgCrGRh93ebQx7ZfsU "Former Newcastle owner Mike Ashley is preparing a formal £50m offer to buy Derby County. Ashley has been in advanced talks with Derby's administrators in the last 48 hours - his bid would be the largest received so far by Derby's administrators, Quantuma." If 50m is the biggest bid so far then no one so far has been offering to stump up much in the way of coverage for stuff like Wycombe/Boro's claims. Kirchner really was all fart and no brown stuff wasn't he. Quote Link to comment Share on other sites More sharing options...
Hxj Posted January 7, 2022 Report Share Posted January 7, 2022 48 minutes ago, ExiledAjax said: If 50m is the biggest bid so far Allegedly beats the other bid by £20 million, which was better than Kirchner's. It still won't be enough to guarantee that Derby won't get at least a 15 point penalty next season. If the £50 million includes Pride Park then Unsecured Creditors (including football creditors) could get nothing. If Pride Park is in addition it is close. The latter would mean Ashley paying £70 million. 1 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted January 7, 2022 Report Share Posted January 7, 2022 11 minutes ago, Hxj said: Allegedly beats the other bid by £20 million, which was better than Kirchner's. It still won't be enough to guarantee that Derby won't get at least a 15 point penalty next season. If the £50 million includes Pride Park then Unsecured Creditors (including football creditors) could get nothing. If Pride Park is in addition it is close. The latter would mean Ashley paying £70 million. My reading of the Sky report was that the £50m was for the Club only. It suggested that if successful there, then Ashley would approach Morris/MSD about buying the stadium separately. Quote Link to comment Share on other sites More sharing options...
Loosey Boy Posted January 7, 2022 Report Share Posted January 7, 2022 2 hours ago, cider11 said: Mike Ashley preparing a 50m bid according to sky sports - https://www.skysports.com/football/news/11696/12511258/mike-ashley-preparing-50m-takeover-bid-to-buy-derby-county?fbclid=IwAR1YmC1brudLVdxBB_dmdtYMYEGlOagwz82OkQBQnpgCrGRh93ebQx7ZfsU Good luck to them if this happens! Quote Link to comment Share on other sites More sharing options...
Hxj Posted January 7, 2022 Report Share Posted January 7, 2022 (edited) 34 minutes ago, ExiledAjax said: It suggested that if successful there, then Ashley would approach Morris/MSD about buying the stadium separately. Trouble is Administrations don't really work like that. MSD are entitled to the first £20 odd million in respect of the football club, and there is no guarantee that Ashley and Morris/MSD can go on and agree a deal on Pride Park, which I believe the annual rental is about £1.1 million a year on a long lease for restricted use. I'd be happier paying that rent than paying out for the stadium, and I bet Ashley would as well! Edited January 7, 2022 by Hxj 1 1 Quote Link to comment Share on other sites More sharing options...
maxjak Posted January 7, 2022 Report Share Posted January 7, 2022 Poor Derby......it was bad enough to get a points deduction, but it's now getting worse ............ nobody deserves Mike Ashley? Quote Link to comment Share on other sites More sharing options...
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