Bristol Rob Posted March 3, 2022 Report Share Posted March 3, 2022 6 hours ago, sh1t_ref_again said: Waiting until it has the -70% off price tag permanently displayed Took lunch in the Derby executive lounge and thought the coffee mugs didn't reach sports direct regulation size. 1 Quote Link to comment Share on other sites More sharing options...
BTRFTG Posted March 3, 2022 Report Share Posted March 3, 2022 22 minutes ago, Monkeh said: I only see liquidation, prob something Morris wants as it means he has prime land for development Land isn't worth that much. Lest not forget MSD get first dibs on £20m+, MM would have to clear the site then gain permission for whatever it is he's thinking of replacing the stadium with. I don't imagine the local authority would be keen to associate themselves with whatever might replace Pride Park...... 1 Quote Link to comment Share on other sites More sharing options...
Sir Geoff Posted March 3, 2022 Report Share Posted March 3, 2022 6 hours ago, Ska Junkie said: That doesn't sound like good news for their survival. 'Stick our heads in the sand and we don't have to do anything'? Isn't that what they have done since the beginning. KM seemed genuinely shocked on the aforementioned podcast but obviously didn't expand too much (I assume for legal reasons). 1 Quote Link to comment Share on other sites More sharing options...
Coombsy Posted March 3, 2022 Report Share Posted March 3, 2022 1 hour ago, BTRFTG said: Land isn't worth that much. Lest not forget MSD get first dibs on £20m+, MM would have to clear the site then gain permission for whatever it is he's thinking of replacing the stadium with. I don't imagine the local authority would be keen to associate themselves with whatever might replace Pride Park...... So Mike Ashley don’t want Derby he wants the land to build a sport Direct warehouse all makes sense now 1 Quote Link to comment Share on other sites More sharing options...
Ska Junkie Posted March 3, 2022 Report Share Posted March 3, 2022 (edited) 15 minutes ago, Sir Geoff said: Isn't that what they have done since the beginning. KM seemed genuinely shocked on the aforementioned podcast but obviously didn't expand too much (I assume for legal reasons). Certainly appears to be the case Sir G. Edited March 3, 2022 by Ska Junkie Quote Link to comment Share on other sites More sharing options...
chinapig Posted March 3, 2022 Report Share Posted March 3, 2022 52 minutes ago, Sir Geoff said: Isn't that what they have done since the beginning. KM seemed genuinely shocked on the aforementioned podcast but obviously didn't expand too much (I assume for legal reasons). He also just happened to mention in passing that Quantuma were appointed by Mel Morris. Which implies absolutely nothing about what their priorities are of course. 1 Quote Link to comment Share on other sites More sharing options...
Davefevs Posted March 3, 2022 Report Share Posted March 3, 2022 17 minutes ago, chinapig said: He also just happened to mention in passing that Quantuma were appointed by Mel Morris. Which implies absolutely nothing about what their priorities are of course. Mel Morris might well be lynched by Derby fans. From strings to stocks I reckon! 1 Quote Link to comment Share on other sites More sharing options...
Lanterne Rouge Posted March 3, 2022 Report Share Posted March 3, 2022 Derby County: EFL says administrators have provided proof of funding for season - BBC Sport Quote Link to comment Share on other sites More sharing options...
chinapig Posted March 3, 2022 Report Share Posted March 3, 2022 (edited) 4 minutes ago, Lanterne Rouge said: Derby County: EFL says administrators have provided proof of funding for season - BBC Sport So a forecast that they have funding as opposed to proof they have actual hard cash. I'm not sure what that means but if the EFL are ok with it so be it. Edit: actually I assume it is verifiable evidence of expected income and costs. Edited March 3, 2022 by chinapig Quote Link to comment Share on other sites More sharing options...
downendcity Posted March 3, 2022 Report Share Posted March 3, 2022 1 hour ago, Davefevs said: Mel Morris might well be lynched by Derby fans. From strings to stocks I reckon! Surely not. When all the fuss over ffp - the sale of Pride Park - was at it's (initial) height, I remember that mention was made that ffp was to protect clubs from unscrupulous owners jeopardising a club's future. The Derby fans forum was full of posts stating that MM was not like that, as he was a life long fan and had the financial means, so would never do that the DCFC. You must be referring to a different Mel Morris! 3 Quote Link to comment Share on other sites More sharing options...
Davefevs Posted March 3, 2022 Report Share Posted March 3, 2022 1 hour ago, chinapig said: So a forecast that they have funding as opposed to proof they have actual hard cash. I'm not sure what that means but if the EFL are ok with it so be it. Edit: actually I assume it is verifiable evidence of expected income and costs. Guess they have firm proof of funds….and have balanced that against cost / income forecasts and deemed the funds are sufficient. So they fight to the end of the season. We retain our 3 points! Now it’s about getting a preferred bidder and moving out of administration. Quote Link to comment Share on other sites More sharing options...
Waconda Posted March 3, 2022 Report Share Posted March 3, 2022 1 hour ago, Davefevs said: Guess they have firm proof of funds….and have balanced that against cost / income forecasts and deemed the funds are sufficient. So they fight to the end of the season. We retain our 3 points! Now it’s about getting a preferred bidder and moving out of administration. EFL were always going to do absolutely everything they could to ensure Derby finished the season. Avoids a whole raft of complicated issues to have to deal with. Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted March 3, 2022 Report Share Posted March 3, 2022 2 hours ago, Davefevs said: So they fight to the end of the season. We retain our 3 points! And get another 3 in April! 2 Quote Link to comment Share on other sites More sharing options...
Monkeh Posted March 4, 2022 Report Share Posted March 4, 2022 The next problem they have is making sure they out of administration by next season otherwise they can't start in the football league or conference, They've managed to kick the can down the road yet again Quote Link to comment Share on other sites More sharing options...
Hxj Posted March 4, 2022 Report Share Posted March 4, 2022 (edited) 3 hours ago, Monkeh said: The next problem they have is finding someone who actually wants to buy the club who they actually want to sell to! Latest statement from Quantuma: "The joint administrators are in active dialogue with prospective purchasers of the club and are working with their advisers to clarify a number of matters relating to their bids. "Due to the complex nature of the mechanics of the bids received, it is necessary for us to work through each of these matters individually, to ensure the bids meet our terms of purchase. "Whilst we understand the frustration of fans, who are understandably anxious that the Club’s future is resolved, we remain confident that we will be in a position to name a preferred bidder shortly. "We welcome the support received from the EFL yesterday and will continue working with them, and everyone who has the Club’s best interests at heart, to secure the best long-term outcome for Derby County." Edited March 4, 2022 by Hxj 1 1 Quote Link to comment Share on other sites More sharing options...
chinapig Posted March 4, 2022 Report Share Posted March 4, 2022 31 minutes ago, Hxj said: is finding someone who actually wants to buy the club who they actually want to sell to! Latest statement from Quantuma: "The joint administrators are in active dialogue with prospective purchasers of the club and are working with their advisers to clarify a number of matters relating to their bids. "Due to the complex nature of the mechanics of the bids received, it is necessary for us to work through each of these matters individually, to ensure the bids meet our terms of purchase. "Whilst we understand the frustration of fans, who are understandably anxious that the Club’s future is resolved, we remain confident that we will be in a position to name a preferred bidder shortly. "We welcome the support received from the EFL yesterday and will continue working with them, and everyone who has the Club’s best interests at heart, to secure the best long-term outcome for Derby County." Their definition of shortly seems to be rather elastic since they have been saying the same since at least December. Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted March 4, 2022 Report Share Posted March 4, 2022 37 minutes ago, chinapig said: Their definition of shortly seems to be rather elastic since they have been saying the same since at least December. In my career I've never quite nailed down what "shortly" means in professional speak. I use it when I mean "I can't deal with this immediately, expect a reply in the next day or two." But some people have told me they use it to mean "I'll get to when I can, I don't know when that will be, but don't expect anything anytime soon". One things for sure, I've never met a lawyer, accountant, broker, or insolvency guy who uses "shortly" to mean "very soon". Then again, I don't think it means "several months" either. 3 1 Quote Link to comment Share on other sites More sharing options...
chinapig Posted March 4, 2022 Report Share Posted March 4, 2022 9 minutes ago, ExiledAjax said: In my career I've never quite nailed down what "shortly" means in professional speak. I use it when I mean "I can't deal with this immediately, expect a reply in the next day or two." But some people have told me they use it to mean "I'll get to when I can, I don't know when that will be, but don't expect anything anytime soon". One things for sure, I've never met a lawyer, accountant, broker, or insolvency guy who uses "shortly" to mean "very soon". Then again, I don't think it means "several months" either. In other words shortly = longly. 1 2 Quote Link to comment Share on other sites More sharing options...
cheshire_red Posted March 4, 2022 Report Share Posted March 4, 2022 Cardiff https://www.walesonline.co.uk/sport/football/football-news/cardiff-city-debt-rises-109m-23280557 Quote Link to comment Share on other sites More sharing options...
Midred Posted March 4, 2022 Report Share Posted March 4, 2022 1 hour ago, chinapig said: Their definition of shortly seems to be rather elastic since they have been saying the same since at least December. Perhaps that's what the "preferred" bidders tell them after they've seen the books! Quote Link to comment Share on other sites More sharing options...
CyderInACan Posted March 4, 2022 Report Share Posted March 4, 2022 1 hour ago, ExiledAjax said: In my career I've never quite nailed down what "shortly" means in professional speak. I use it when I mean "I can't deal with this immediately, expect a reply in the next day or two." But some people have told me they use it to mean "I'll get to when I can, I don't know when that will be, but don't expect anything anytime soon". One things for sure, I've never met a lawyer, accountant, broker, or insolvency guy who uses "shortly" to mean "very soon". Then again, I don't think it means "several months" either. See also: mañana and drekly Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted March 4, 2022 Report Share Posted March 4, 2022 14 minutes ago, CyderInACan said: See also: mañana and drekly Or in South Africa "now". This does not mean "now" as in "immediately" but more akin to our shortly or "in due course". Learnt that to my detriment when asking a saffer to do something "now"! 1 Quote Link to comment Share on other sites More sharing options...
REDOXO Posted March 4, 2022 Report Share Posted March 4, 2022 https://www.derbytelegraph.co.uk/sport/football/transfer-news/derby-county-transfer-jozwiak-rooney-6754317 2 Quote Link to comment Share on other sites More sharing options...
chinapig Posted March 4, 2022 Report Share Posted March 4, 2022 15 minutes ago, REDOXO said: https://www.derbytelegraph.co.uk/sport/football/transfer-news/derby-county-transfer-jozwiak-rooney-6754317 So that's where part of the funding for the rest of the season is coming from then. I wonder where the rest is coming from in the absence of a buyer? Quote Link to comment Share on other sites More sharing options...
REDOXO Posted March 4, 2022 Report Share Posted March 4, 2022 (edited) 17 minutes ago, chinapig said: So that's where part of the funding for the rest of the season is coming from then. I wonder where the rest is coming from in the absence of a buyer? Exactly my thought. If there is no favored purchaser then the assumption must be they have somehow got another loan. What a Mess! Quantuma can’t hide behind Gibson and Couhig anymore. Their business in any area must be getting seriously damaged. Apparently the EFL HAVE advised Quantuma that they want a preferred bidder by the end of next week! Edited March 4, 2022 by REDOXO Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted March 4, 2022 Report Share Posted March 4, 2022 Fair enough if they have sold a player then that will help- cash plus cost saving wages wise. Quote Link to comment Share on other sites More sharing options...
Midred Posted March 4, 2022 Report Share Posted March 4, 2022 40 minutes ago, REDOXO said: Exactly my thought. If there is no favored purchaser then the assumption must be they have somehow got another loan. What a Mess! Quantuma can’t hide behind Gibson and Couhig anymore. Their business in any area must be getting seriously damaged. Apparently the EFL HAVE advised Quantuma that they want a preferred bidder by the end of next week! Next week, next month, next season? 1 Quote Link to comment Share on other sites More sharing options...
Davefevs Posted March 4, 2022 Report Share Posted March 4, 2022 2 hours ago, REDOXO said: https://www.derbytelegraph.co.uk/sport/football/transfer-news/derby-county-transfer-jozwiak-rooney-6754317 Potential that an MLS club could come in for Wells and with a fee too. 1 Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted March 4, 2022 Report Share Posted March 4, 2022 46 minutes ago, Davefevs said: Potential that an MLS club could come in for Wells and with a fee too. Palmer too or just Wells do we think? Quote Link to comment Share on other sites More sharing options...
Davefevs Posted March 4, 2022 Report Share Posted March 4, 2022 2 minutes ago, Mr Popodopolous said: Palmer too or just Wells do we think? Only going off the rumours that MLS might be after Wells. 1 1 Quote Link to comment Share on other sites More sharing options...
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