Reputation from WharfedaleRam - Page 22

WharfedaleRam reacted to kash_a_ram_a_ding_dong in Mel Morris: an example February 4, 2022

Pleased that Mel has stood up and made this statement....good on him.
We will now to get to see the real aims and ambitions of the EFL and Middlesbrough/Wycombe towards Derby......if they refuse Mel's offer it will be clear to all that what they wanted to achieve all along wasn't justice but the destruction of Derby County.
And if they do go to the high court with Mel,they will be utterly destroyed.
I think Mel's played a blinder here.

WharfedaleRam reacted to ossieram in Poll: Do you think Boro & Wycombe will take Mel on? February 4, 2022

Gibson will be sending a strongly worded email to Parry explaining exactly why the EFL can't allow this under a ruling yet to be invented.

WharfedaleRam reacted to RadioactiveWaste in The Administration Thread February 4, 2022

Is there a public gallery for civil courts like there is in criminal cases?
Certainly be an interesting one to sit in on. They'd probably have to have a nominate a home end and an away end....

WharfedaleRam got a reaction from Ram1988 in Billboard outside EFL headquarters February 4, 2022

Anyone know a farmer with a malfunctioning muck spreader......? A few years back, a bloke in Northumberland sprayed muck all over the Council offices to protest at a planning decision.

WharfedaleRam reacted to Old Spalding Ram in Respect Vs Get in the bin February 4, 2022

Respect to local MPs plus the star of the show Bury North MP James Daly.
”This is not a branch of Tesco we're talking about. Football clubs are engines for social and economic good. They are the history and heartbeat of communities.”
…..still not convinced by the Sky Sports pundit crowd!

WharfedaleRam reacted to angieram in Derby County Daily Updates - TAKEOVER COMPLETED February 4, 2022

WharfedaleRam got a reaction from Jortat in The Administration Thread February 3, 2022

We need a court injunction to prevent the EFL from carrying out pre-emptive action to kick us out of the league. Then we take the parasites' cases to court and get them shown up for what they are. A PB is immediately aware what the club will cost, debts can be paid, the club comes out of administration and the restrictions are relaxed. In the meantime, the EFL are disbanded and Boro miss out on promotion (again) thus putting them into a significant risk of failing FFP and starting next season on - points. Simples!

WharfedaleRam reacted to hintonsboots in The Administration Thread February 3, 2022

1. The EFL have announced tonight that Middlesbrough and Wycombe are football creditors.
2. The EFL have announced that their rules override UK insolvency laws CIGA 2020.
3. The EFL have suggested Quantuma take this to High Court, but don’t say if EFL rules will override the High court decision ( probably will )
4. The EFL are putting two vexatious claims above the survival of a founder member of the football league.
5. The EFL have no grasp of the mechanics of our administration in relation to the stadium ownership and secured loans with MSD.

WharfedaleRam reacted to Ted McMinn Football Genius in The Administration Thread February 3, 2022

They are both “claims” not debts. We haven’t been tried or tested and therefore the EFL need to behave accordingly. They cannot be the judge, jury and executioner. It’s about time the EFL were taken to task by either professionals or an organisation with financial and legal qualifications.
Lets take this all the way to court and then when they’ve all finished pissing themselves at the ridiculous manner of this obvious vendetta and the attempts behind these spurious claims. We then sue the bar stewards right back for restrictive practices and falling foul of anti competition law.

The EFL should be disbanded end by of

WharfedaleRam reacted to i-Ram in The Football Creditor rule is explicit, simple, and solves all of Derby's issues February 3, 2022

Bit more time on my hands today and I have copied in @RoyMac5and @Tamworthram and @Davidtoo. What I suggest here might not be correct as I am no insolvency expert, and I am not party to any of the negotiations. So this is simply my understanding. Probably no better or worse than the thoughts of @duncanjwithamor @Ghost of Cloughwho seem well read on the matters.
Boro and Wycombe are not creditors. Presently they have only submitted unproven claims to be considered by way of arbitration under EFL Rules. To become creditors, let alone football creditors, an arbitration process has to proceed, all facts have to be considered, and a decision is made. That decision we would all like to think will come back that the claims have no merit, but it is possible that an award could be made in favour of the two parasites. At that point they could argue that they are creditors, and I think at that point they could justifiably argue that they are therefore football creditors under EFL Rules.
Legal proceedings cannot commence against the Club as it is in administration, so Q (or a court) have to give consent to allow legal proceedings to go ahead. Q have argued that no proceedings can commence - whether it be via the EFL arbitration route or via the legal route of civil proceedings - arguing that statute is with them. In an administration process under the Corporate Insolvency and Governance Act 2020 Q’s position was that no arbitration could be commenced, as an automatic moratorium within the 2020 Act prevents the arbitration from proceeding unless leave has been granted by the court. EFL countered and said statute is all well and good from an administrative perspective, but if the Club wants to continue playing in the EFL then they have to abide by the rules of the league membership. Effectively I think saying, you can save the Club but go play your football in another league!
Q were proposing to come out of Administration with a Class Cram restructuring option rather than CVA (according to Ian Redfearn of BAWT), disregarding totall the claims of Boro and Wycombe, and the new owner would set-up a NewCo to own the Club post-administration. This would have meant that Boro and Wycombe could not have once again claimed against the NewCo once the sale was concluded, and the claims died with the OldCo. That clearly isn’t going to happen now. Note we would have started next season at -15 points if the EFL had agreed to that course of action.
We are left in a position where Q reluctantly have agreed to go down the Arbitration route. That the claims of Boro and Wycombe will be considered. I imagine that might go the EFL LAP route, with Q keeping their legal powder dry until such time as they think they might want to invoke it under civil proceedings. If you like, keeping matters polite with the EFL for as long as they need to. Hopefully the LAP will find no merit in the claims of the Parasites, but if they say there is some award due then ‘arguably’ they become creditors for the award amount, although not necessarily under statute. Depending on the size of the award Q would then need to consider next actions, taking into account whether a PB will pay the extra monies due, and whether existing and legislate creditors will be happy with the position, particularly if their take is to be further diluted. HMRC in particular might have strong views. If there is one plus side, it is likely if the Club does still exist after the Boro/Wycombe award is accounted for and dealt with, we are more likely to come out under a CVA with all creditors getting the minimum % for the EFL to not invoke the -15 point penalty. That would however mean Boro/Wycombe being paid 100% of their award as I think then Q to move forward would have to acknowledge them as football creditors.
I could try and guess the end game here, but I don’t think there is any further point speculating on the situation until we know the findings of the arbitration.