Spanish

1 minute ago, atherstoneram said:

Really,truthful perhaps but not silly,how many on here hung onto every word MM said.

I can't understand the affection for a guy who has handed us to admin where there is a possibility of liquidation.  I am sure some want to build a statue of him in front of PP which he is about to rename Mel's Monument to Failure

1 hour ago, G STAR RAM said:

Just another thing I picked up on.

MM said the 17/18 accounts show an FFP overspend of £4m and therefore a 4 point deduction. 

Why not just submit them accounts and take that point deduction now.

If they want to also charge us for later years let them go ahead and go through due process again.

This time we would know to have an accountant/auditor as an expert witness.

 

There are rollover 3 year periods that he did not mention, one season does not breach P&S.  

59 minutes ago, atherstoneram said:

I don't have much of an idea about the clubs finances but is it a possibility that MSD were bankrolling MM/the club through loans etc.and said to MM they weren't prepared to carry on any longer or he was no longer unable to keep up with loan repayments so by cutting off a route to finance forced MM to appoint administrators. MM says he has put (was it £200M or something like that) into the club but he didn't say it was his money or someone elses raised through loans?. Just a technicality i know. 

also from what we know he has not paid for the purchase of the stadium.  Now it is possible that any subsequent funding of the club by Mel has been offset against that debt rather than by injecting capital.  In other words the spouted £1.5m he has had to spend per month is actually a loan repayment reducing the debt he has to the club.  With no up to date accounts we can't tell

On 16/09/2021 at 15:58, angieram said:

Usually a few days after the game. Birmingham are up but WBA aren't yet.

still can't see WBA on my dashboard, you having the same problems?

3 minutes ago, Oldben said:

Any chance the administrators could force the sale of the stadium at a lower price.

Throw in the training ground at a lower price.

That might help sell the club.

Err explain a bit more because the club don’t own either

1 hour ago, Orphanram said:

He clearly has no regard for the manager or the players. That he couldn’t look them in the eye tells you everything you need to know about Melvyn Morris. He should never be let near the stadium again.

It’s his stadium 

2 hours ago, samwcave said:

Maybe an internal promotion within the club. I asked the exact same question to my cousin last night. He said someone like Darren Wassall maybe. To keep the wages low, this would seem like a realistic way to go. 

Hasn’t he gone already?

5 hours ago, ShoreRam said:

Quite - Being entirely binary about absolutely everything is a sad part of modern life. I had to unfollow a particular DCFC related author for this today. Painting Mel Morris as the anti-christ and constantly retweeting the master of arch guesswork and knowing F all, Kieran Maguire is enough for me to click that button.....

If this ultimately ends in liquidation and the end of the club will you still have fond memories of him?

1 hour ago, Carl Sagan said:

Interestingly, Wayne has raised £21 million tonight by liquidating his image rights company. Is he accumulating funds to buy the club? 

https://www.mirror.co.uk/sport/football/news/wayne-rooney-set-pocket-around-25012530.amp?__twitter_impression=true

I agree, this is in play

15 minutes ago, Tombo said:

Been waiting for rock bottom for months.

Rock bottom is the point where you cannot sink any further and the only way is up. It's the beginning of the rebirth.

If this is it, let's be reborn.

This is not the bottom, sorry

8 minutes ago, JABBA said:

Morris chose to rack up debts in our name

Morris chose to not have an exec board to help with governance

Morris chose to fight the EFL and drag this out

Morris has chosen not to deal with potential investors

Morris has chosen to put us into admin because he no longer wants to pay for his mistakes 

Morris owns PP

5 minutes ago, Carl Sagan said:

I'm with @RoyMac5 on this one. I don't think the EFL ever expected Mel to pull the plug and were enjoying keeping him squirming for as long as they possibly could, unable to sell us. As demonstrated by the threat in their statement earlier this week: "There are no timescales for this matter to be concluded and the League will not be providing any further comment at this time." 

Yes of course fault lies with Mel too, but whatever he's done wrong, for good or ill he's had the best interests of the club at heart. And clearly today that's shown to be for ill. But I don't believe in recent years the EFL have had the club's best interests or football's best interests at heart.

Mel, Best interests? Well that turned out well.  How can you possibly think that still.  If this was a foreigner in the same situation I doubt anybody would say that.  

3 minutes ago, Rev said:

Football debts have to be paid in full, admin or no admin.

Bugger

At least we won’t have to pay for cocu and keo

#buildastatureformel

50 minutes ago, Crewton said:

If that's the case, it makes little sense in them negotiating with us at all. 

My feeling is that they want to agree a penalty with us (i) because the outcome of the formal route is uncertain (ii) they thought MM would be keen in order to clear the decks for a sale and (iii) they have other clubs to charge, like Reading, and the Derby case is taking up too much time and resources to allow them to do that. 

The statement about "no timescale" could easily be posturing to give the impression that they ain't fussed. 

Or it is designed to stop press speculation 

9 hours ago, RoyMac5 said:

Are the 'Cocu boys' still giving it large? It's almost like they weren't Derby fans but Cocu fans. ?

Don’t forget Roy he was a very nice man, apparently

7 hours ago, Rambam said:

Sounds like a Mexican standoff to me. 

The new buyers are a consortium from Mexico?

Just now, Retro_RAM said:

Am I right in thinking that all this transfer embargo rubbish is in place to just frustrate clubs, to stop them appealing and taking it to the courts with the EFL knowing/hoping the length of time appeals take and with an embargo in place most clubs will just bend over and accept the punishment?

 

no

2 minutes ago, JuanFloEvraTheCocu'sNesta said:

If the EFL had a cast iron, watertight case they would slap us with a points deduction immediately and dare us to appeal it. They haven't done that, which could indicate that they aren't entirely sure.

On the other hand, if we were totally bang to rights and had a 0% chance of winning an appeal we would take whatever was on offer and just get this over with.

they want an agreement so this can be ended, partly, at least, it is a matter of interpretation of rules.  Mel may be quite happy for an embargo to continue so that the stop to further costs is not down to him.  Who knows, not one of us

Just now, chadlad said:

It seems to me that the EFL are worried that we might win an appeal and therefore want to commit us to an agreed punishment. They state there is no timescale so presumably they are intending to draw this out until we are forced to agree to their proposals.

Hardly seems fair and begs the question “who regulates the regulator”.

I think they are worried we will appeal and it will dragged on to close to the end of the season with some uncertainty as to whether we will still be in the top 6 after a penalty.  They don't want us to delay until we get promoted.

Joking apart, they do want to have this resolved as amicably as possible.  If we felt so abused that we couldn't come to agreement and they forced a penalty it will be off to the High Court and all the uncertainty of whether it will be resolved early enough for next season not to be affected

18 hours ago, David said:

Watching their demise on the red button, I feel sorry for the kids having to spend a quid to watch this 

what???

I thought the deal was they paid the kids £1 to go.

6 minutes ago, angieram said:

Usually a few days after the game. Birmingham are up but WBA aren't yet.

yep I noticed that, first game under my new membership just wondered whether they a guideline

13 minutes ago, Tyler Durden said:

He also had a genuine streak of integrity missing in today's game.

Oh and a great beard you also forgot. 

As hagiographies go, this one is brilliant. 

Integrity?

dare I say that is one of the reasons he probably failed with us.

Just now, Spanish said:

well from the words spoken I would say that we haven't accepted the penalty, they want to get an agreement, issue the letter and get us to formally agree to its, then there is no appeal delay

well until Boro challenge it as being insufficient

1 minute ago, Unlucky Alf said:

Well if SJ is correct, Then MM and his advisers have accepted the punishment for P&S overspend, Or did you gather that also?

well from the words spoken I would say that we haven't accepted the penalty, they want to get an agreement, issue the letter and get us to formally agree to its, then there is no appeal delay