Gringo

Raising the money to purchase the club is only half the battle, the other half is having enough cash for working capital to finance ongoing operations for at least 12 months and also to reach an agreement with the creditors. I think the HMRC could be convinced to drop their claim if it was a supporter group taking over, also the EFL would take a more sympathetic attitude to football debts.
So here would be my thoughts and actions
1. Nominate a core of people with business and financial experience to reach out to the administrator to get sight of the books, there will already be a data room as the club have had a number of potential purchasers over the past months, creditor situation is straight forward as those numbers will be in the hands of the administrator. 
2. After going through the numbers prepare a business plan laying out cash forecast requirements for purchase and ongoing trading.
3. Having identified total cash required  open a subscription for people to buy shares in the club minimum £50 per share total  initial offering say 1 million shares, even the poorest fan could afford 1 share, the most well off 100 shares plus so there would be a good distribution amongst the fan base, the money would not be collected unless any offer for the club was accepted and enough promises of cash made.
It would be a simple process but the execution would depend on getting a good deal on the purchase price and a good response on the share offering.
 

Hello Kieran

Yes, I was bought up on a council estate in chaddesden, I think I know about poor

Yes, I was bought up on a council estate in chaddesden, I think I know about poor

Well if he wins we can use this as precedent to sue QPR and Villa!

Raising the money to purchase the club is only half the battle, the other half is having enough cash for working capital to finance ongoing operations for at least 12 months and also to reach an agreement with the creditors. I think the HMRC could be convinced to drop their claim if it was a supporter group taking over, also the EFL would take a more sympathetic attitude to football debts.
So here would be my thoughts and actions
1. Nominate a core of people with business and financial experience to reach out to the administrator to get sight of the books, there will already be a data room as the club have had a number of potential purchasers over the past months, creditor situation is straight forward as those numbers will be in the hands of the administrator. 
2. After going through the numbers prepare a business plan laying out cash forecast requirements for purchase and ongoing trading.
3. Having identified total cash required  open a subscription for people to buy shares in the club minimum £50 per share total  initial offering say 1 million shares, even the poorest fan could afford 1 share, the most well off 100 shares plus so there would be a good distribution amongst the fan base, the money would not be collected unless any offer for the club was accepted and enough promises of cash made.
It would be a simple process but the execution would depend on getting a good deal on the purchase price and a good response on the share offering.
 

Raising the money to purchase the club is only half the battle, the other half is having enough cash for working capital to finance ongoing operations for at least 12 months and also to reach an agreement with the creditors. I think the HMRC could be convinced to drop their claim if it was a supporter group taking over, also the EFL would take a more sympathetic attitude to football debts.
So here would be my thoughts and actions
1. Nominate a core of people with business and financial experience to reach out to the administrator to get sight of the books, there will already be a data room as the club have had a number of potential purchasers over the past months, creditor situation is straight forward as those numbers will be in the hands of the administrator. 
2. After going through the numbers prepare a business plan laying out cash forecast requirements for purchase and ongoing trading.
3. Having identified total cash required  open a subscription for people to buy shares in the club minimum £50 per share total  initial offering say 1 million shares, even the poorest fan could afford 1 share, the most well off 100 shares plus so there would be a good distribution amongst the fan base, the money would not be collected unless any offer for the club was accepted and enough promises of cash made.
It would be a simple process but the execution would depend on getting a good deal on the purchase price and a good response on the share offering.
 

Raising the money to purchase the club is only half the battle, the other half is having enough cash for working capital to finance ongoing operations for at least 12 months and also to reach an agreement with the creditors. I think the HMRC could be convinced to drop their claim if it was a supporter group taking over, also the EFL would take a more sympathetic attitude to football debts.
So here would be my thoughts and actions
1. Nominate a core of people with business and financial experience to reach out to the administrator to get sight of the books, there will already be a data room as the club have had a number of potential purchasers over the past months, creditor situation is straight forward as those numbers will be in the hands of the administrator. 
2. After going through the numbers prepare a business plan laying out cash forecast requirements for purchase and ongoing trading.
3. Having identified total cash required  open a subscription for people to buy shares in the club minimum £50 per share total  initial offering say 1 million shares, even the poorest fan could afford 1 share, the most well off 100 shares plus so there would be a good distribution amongst the fan base, the money would not be collected unless any offer for the club was accepted and enough promises of cash made.
It would be a simple process but the execution would depend on getting a good deal on the purchase price and a good response on the share offering.
 

Swiss Rambles the top guy when it comes to finance.
Seeing as we haven't released anything though, not much for him to do.

MSD charge is against the lease only on Moor farm

John Percy is reporting the Rams will get £100,000  as soon as this lad makes hist first team debut for Liverpool 

Point taken , my comments came from personal experience when the bank - Lloyds,  pulled my working credit line, regarding HMRC you can bargain with them if the alternative is nada. I think your thoughts on MSD are interesting because why were Barclays the joint charge holder on the Stadium paid in full last Wednesday, this gives MSD total control of not just the stadium but they have a very wide charge over all the goods chattels and future earnings of the Rams, also backed by a PG from Mel Morris, MSD are now driving the agenda, still no sign of the administrator banging on the front door.
 

I still think something weird is going on, normally the sequence of events is
1. Directors/owners decide as they cannot pay the bills as they fall due, they need to put the club into administration so as they are not trading whilst insolvent which would leave them open to serious legal peril.
2. They take advice and approach insolvency specialists.
3. Notice is filed and taken to court for authorisation to appoint the administrators.
4. Once authorisation granted Administrators arrive at the company/club get the door keys and take control of all the bank accounts, petty cash etc.
5. They then send in some junior staff to start pulling together all the financial information and prepare a creditors listing and any debtors who owe the club money.
Normally the administrators arrive same day or day after administrative order approved by the court, so my conclusion is that as no one has arrived at the stadium with that order, technically the club is not yet in administration.
I also find it a little strange that the club has not bought in some turnaround expertise to work on a plan to trade through the current situation especially as Mel Morris stated that the club could  now trade within its means going forwards, obviously there has been an event to trigger this situation, which I guess we will never find out, however as the club cannot be wound up whilst under administration, although the administrator can liquidate the club if there is no hope of saving it as a going concern I think that the event to trigger this could have come from the HMRC with a threatened winding up order.
However I believe that until the administrator bangs on the front door there could be some hope.
 
 

I still think something weird is going on, normally the sequence of events is
1. Directors/owners decide as they cannot pay the bills as they fall due, they need to put the club into administration so as they are not trading whilst insolvent which would leave them open to serious legal peril.
2. They take advice and approach insolvency specialists.
3. Notice is filed and taken to court for authorisation to appoint the administrators.
4. Once authorisation granted Administrators arrive at the company/club get the door keys and take control of all the bank accounts, petty cash etc.
5. They then send in some junior staff to start pulling together all the financial information and prepare a creditors listing and any debtors who owe the club money.
Normally the administrators arrive same day or day after administrative order approved by the court, so my conclusion is that as no one has arrived at the stadium with that order, technically the club is not yet in administration.
I also find it a little strange that the club has not bought in some turnaround expertise to work on a plan to trade through the current situation especially as Mel Morris stated that the club could  now trade within its means going forwards, obviously there has been an event to trigger this situation, which I guess we will never find out, however as the club cannot be wound up whilst under administration, although the administrator can liquidate the club if there is no hope of saving it as a going concern I think that the event to trigger this could have come from the HMRC with a threatened winding up order.
However I believe that until the administrator bangs on the front door there could be some hope.
 
 

I still think something weird is going on, normally the sequence of events is
1. Directors/owners decide as they cannot pay the bills as they fall due, they need to put the club into administration so as they are not trading whilst insolvent which would leave them open to serious legal peril.
2. They take advice and approach insolvency specialists.
3. Notice is filed and taken to court for authorisation to appoint the administrators.
4. Once authorisation granted Administrators arrive at the company/club get the door keys and take control of all the bank accounts, petty cash etc.
5. They then send in some junior staff to start pulling together all the financial information and prepare a creditors listing and any debtors who owe the club money.
Normally the administrators arrive same day or day after administrative order approved by the court, so my conclusion is that as no one has arrived at the stadium with that order, technically the club is not yet in administration.
I also find it a little strange that the club has not bought in some turnaround expertise to work on a plan to trade through the current situation especially as Mel Morris stated that the club could  now trade within its means going forwards, obviously there has been an event to trigger this situation, which I guess we will never find out, however as the club cannot be wound up whilst under administration, although the administrator can liquidate the club if there is no hope of saving it as a going concern I think that the event to trigger this could have come from the HMRC with a threatened winding up order.
However I believe that until the administrator bangs on the front door there could be some hope.
 
 

I still think something weird is going on, normally the sequence of events is
1. Directors/owners decide as they cannot pay the bills as they fall due, they need to put the club into administration so as they are not trading whilst insolvent which would leave them open to serious legal peril.
2. They take advice and approach insolvency specialists.
3. Notice is filed and taken to court for authorisation to appoint the administrators.
4. Once authorisation granted Administrators arrive at the company/club get the door keys and take control of all the bank accounts, petty cash etc.
5. They then send in some junior staff to start pulling together all the financial information and prepare a creditors listing and any debtors who owe the club money.
Normally the administrators arrive same day or day after administrative order approved by the court, so my conclusion is that as no one has arrived at the stadium with that order, technically the club is not yet in administration.
I also find it a little strange that the club has not bought in some turnaround expertise to work on a plan to trade through the current situation especially as Mel Morris stated that the club could  now trade within its means going forwards, obviously there has been an event to trigger this situation, which I guess we will never find out, however as the club cannot be wound up whilst under administration, although the administrator can liquidate the club if there is no hope of saving it as a going concern I think that the event to trigger this could have come from the HMRC with a threatened winding up order.
However I believe that until the administrator bangs on the front door there could be some hope.
 
 

I still think something weird is going on, normally the sequence of events is
1. Directors/owners decide as they cannot pay the bills as they fall due, they need to put the club into administration so as they are not trading whilst insolvent which would leave them open to serious legal peril.
2. They take advice and approach insolvency specialists.
3. Notice is filed and taken to court for authorisation to appoint the administrators.
4. Once authorisation granted Administrators arrive at the company/club get the door keys and take control of all the bank accounts, petty cash etc.
5. They then send in some junior staff to start pulling together all the financial information and prepare a creditors listing and any debtors who owe the club money.
Normally the administrators arrive same day or day after administrative order approved by the court, so my conclusion is that as no one has arrived at the stadium with that order, technically the club is not yet in administration.
I also find it a little strange that the club has not bought in some turnaround expertise to work on a plan to trade through the current situation especially as Mel Morris stated that the club could  now trade within its means going forwards, obviously there has been an event to trigger this situation, which I guess we will never find out, however as the club cannot be wound up whilst under administration, although the administrator can liquidate the club if there is no hope of saving it as a going concern I think that the event to trigger this could have come from the HMRC with a threatened winding up order.
However I believe that until the administrator bangs on the front door there could be some hope.
 
 

I still think something weird is going on, normally the sequence of events is
1. Directors/owners decide as they cannot pay the bills as they fall due, they need to put the club into administration so as they are not trading whilst insolvent which would leave them open to serious legal peril.
2. They take advice and approach insolvency specialists.
3. Notice is filed and taken to court for authorisation to appoint the administrators.
4. Once authorisation granted Administrators arrive at the company/club get the door keys and take control of all the bank accounts, petty cash etc.
5. They then send in some junior staff to start pulling together all the financial information and prepare a creditors listing and any debtors who owe the club money.
Normally the administrators arrive same day or day after administrative order approved by the court, so my conclusion is that as no one has arrived at the stadium with that order, technically the club is not yet in administration.
I also find it a little strange that the club has not bought in some turnaround expertise to work on a plan to trade through the current situation especially as Mel Morris stated that the club could  now trade within its means going forwards, obviously there has been an event to trigger this situation, which I guess we will never find out, however as the club cannot be wound up whilst under administration, although the administrator can liquidate the club if there is no hope of saving it as a going concern I think that the event to trigger this could have come from the HMRC with a threatened winding up order.
However I believe that until the administrator bangs on the front door there could be some hope.
 
 

I still think something weird is going on, normally the sequence of events is
1. Directors/owners decide as they cannot pay the bills as they fall due, they need to put the club into administration so as they are not trading whilst insolvent which would leave them open to serious legal peril.
2. They take advice and approach insolvency specialists.
3. Notice is filed and taken to court for authorisation to appoint the administrators.
4. Once authorisation granted Administrators arrive at the company/club get the door keys and take control of all the bank accounts, petty cash etc.
5. They then send in some junior staff to start pulling together all the financial information and prepare a creditors listing and any debtors who owe the club money.
Normally the administrators arrive same day or day after administrative order approved by the court, so my conclusion is that as no one has arrived at the stadium with that order, technically the club is not yet in administration.
I also find it a little strange that the club has not bought in some turnaround expertise to work on a plan to trade through the current situation especially as Mel Morris stated that the club could  now trade within its means going forwards, obviously there has been an event to trigger this situation, which I guess we will never find out, however as the club cannot be wound up whilst under administration, although the administrator can liquidate the club if there is no hope of saving it as a going concern I think that the event to trigger this could have come from the HMRC with a threatened winding up order.
However I believe that until the administrator bangs on the front door there could be some hope.
 
 

No they don't make that information public, anyone expressing an interest in purchasing the club will be given access to the numbers but under an NDA. After the administration is finished there will be a report going to all the creditors listing the information.

This is the most important thing we can do. Create some income to limit redundancies and player sales, make us attractive to purchasers and support the team.
If you haven't got a season ticket, buy a match ticket. 
If you have a got a season ticket , encourage a mate to come or if you can afford it, gift a ticket to a mate. 
Encourage friends and family to come. 
If you can afford it and know someone who can't afford to go, gift them a ticket for this game.
If you live too far away and can afford it, gift a mate or family member from home,
If you are thinking of coming and have kids, bring them along.
Do whatever we can to fill the ground v Reading.
We've been let down but now it's our time, our time to stand up and save our club.
   

Yes Mea Culpa, I still think this part of a wider strategy by him BTW we are not in Administration until a judge appoints the administrator, so I live in hope.

WigAn were charged  £2,266,930.25 by Begbies a 3rd rate outfit and we will be more complicated than them¢64,  I have been thru 4 administrations 1 putting into administration and 3 buying from an administrator.
They only want to clock as many hours as possible because they charge an hourly rate , including admin staff back in their offices at £150/hour thru to  ¢650-700/hr for a partner.
Wigans average was £367/hour  well over 4000 hours

Yes Mea Culpa, I still think this part of a wider strategy by him BTW we are not in Administration until a judge appoints the administrator, so I live in hope.

WigAn were charged  £2,266,930.25 by Begbies a 3rd rate outfit and we will be more complicated than them¢64,  I have been thru 4 administrations 1 putting into administration and 3 buying from an administrator.
They only want to clock as many hours as possible because they charge an hourly rate , including admin staff back in their offices at £150/hour thru to  ¢650-700/hr for a partner.
Wigans average was £367/hour  well over 4000 hours