Ramos

Can’t believe THIS …. Sent my dad the SSN tweet and he came back and said “yeah I was talking to someone yesterday at my golf club and they said it’s close”.

The one time I could of been ITK and he didn’t even bother to tell me!!! 

20 minutes ago, DCFC1388 said:

Yes its good news about Appleby but if he is doing interviews why isnt he speaking to the EFL to speed the owners test up

If his bid isn’t quite there yet as implied that’s possibly why he is not yet ready to talk to the EFL until he’s certain it’s happening. 

Usually when we see positive noises like this someone tweets to spoil the party with 

“am told Andy Appleby's deal is not close, certainly not in final strokes as it takes him hours to complete and he confirms he’s never heard of Derby County or soccer in fact’ 

1 hour ago, kevinhectoring said:

There are suggestions Ashley has tried to force q to reduce fees - that might have been a reason he was derailed 

Also quite possible that Stretford and Rooney somehow forced q to re-open discussions with CK. (it’s notable how little we have heard from Rooney)

We’re now in the position where Q’s unpaid fees are so high they themselves have a conflict in continuing to act 

People keep saying Rooney is quiet but it’s off season - you wouldn’t usually hear from the manager and it’s not really up to him to keep commenting on a situation he isn’t actually privy too.  

Ed Dawes has been abducted by the same people who took Chris kirchners money. I’m onto them and for that reason it’s likely they will come for me next. I only have so much time - the secret to completing Derby’s takeover is behind th

43 minutes ago, RoyMac5 said:

 

"Thank you for your email. We also note Trevor Birch’s response on behalf of the EFL.

Firstly, it is very important to state that we absolutely understand the frustration and distress of the fans, particularly since the turn of the year. We receive a huge quantity of correspondence daily and are also aware of the considerable press reporting and social media activity. Clearly, some of the reports have been closer to the truth than others.

Before a sale is finalised, there is an immediate requirement to secure the short-term future of the club, to allow players to be signed, issue season tickets for sale and to secure commercial agreements, as well as our best intentions to bring the uncertainty for staff and supporters to an end as soon as possible.

Once the short-term future of the club is secured, the minimum requirements for a bidder to be referred to the EFL for consideration are:

Bidders to submit offers that pay football creditors in full, pay 25p in the £ to other creditors (or 35p in the £ over 3 years) and propose a suitable solution for the club’s ongoing occupation of the stadium.

If such offers are not received, the next possibility is for offers that pay football creditors in full and propose a suitable solution for the club’s ongoing occupation of the stadium. In this scenario, where less than 25p in the £ is paid to other creditors, a 15-point deduction would be imposed for next season (depending on when a sale completes).

If neither 1) nor 2) is met, then it is unclear what position the EFL will take.

In either scenario 1) or 2) the costs of the administration need to be settled. The vast majority of these costs are the ongoing trading losses that the club sustains on a monthly basis and within that the biggest cost by a distance is payroll and associated costs. The options the administrators had to reduce costs were to make widespread redundancies, sell more first team players in the January transfer window and reduce the club’s Category 1 Academy status. It was decided not to do so in order to maintain the club in as strong a position as possible for a buyer and to give the first the team the best possible chance of avoiding relegation. It has been to date, and remains, extremely challenging managing cash flow each month in what remains a heavily loss-making business. Contrary to speculation Quantuma has not drawn any fees to date. The basis of drawing fees is set out in the joint administrators’ proposals report that was issued in November. It has not changed since, although considerable time costs have been incurred which will not be fully recovered. It is not in Quantuma’s interests financially, to allow the administration to become unnecessarily protracted nor for the companies to be placed into liquidation.

We are having extremely positive and productive discussions with interested parties in relation to the short-term requirements and are confident of those discussions leading to a sale thereafter which will secure the club’s long-term future. We do not, however, believe that imposing ‘hard deadlines’ are the answer at this stage. You will recall that we imposed deadlines earlier in the process which were not adhered to by bidders. We were then heavily criticised for extending those deadlines. In reality, no bids were received that were suitable to be recommended to the EFL for approval i.e. none that fell into category 1 or 2 above. Had we not extended the deadlines the alternative would have been to place the club into liquidation at that stage which no fan wants. We agreed with the EFL that we would report to them once we received a bid that satisfied 1) or 2) above, which Chris Kirchner’s bid did. Now that Mr Kirchner’s bid has been withdrawn, we will again report to the EFL upon receipt of a bid that satisfies 1) or 2).

We are bound by confidentiality agreements and so we cannot release the identities of the parties who have come forward, nor can we release any detail in relation to their interest or bids. However, all interested parties know that it is in their interests to be in situ as soon as possible in order for them to put together a competitive playing squad and secure valuable commercial contracts whilst giving staff and fans certainty for the future. The club does not have the luxury of time, and so, even without hard deadlines, the club’s future must be secured very soon.

Further to the EFL’s statement last week we fully understand their need to ensure that Derby County FC can fulfil its fixtures next season for the integrity of the league competition. As confirmed by Trevor Birch we are having daily calls with the EFL to provide updates on progress and that will continue for as long as is necessary and appropriate. As ever, any prospective owner of Derby County FC will be subject to EFL approval and will be required to satisfy the Owners’ and Directors’ Test. Once funding is confirmed for the duration of the season, we will be able to discuss with the EFL the terms of any business plan. Very positive discussions regarding funding and the sale of the club are ongoing.

Kind regards

Carl Jackson & Andrew Hosking
Joint Administrators of The Derby County Football Club Limited and associated companies "

Hmm does anyone else think it’s not quite as black and white as option one and two? Because if no one is meeting these with their offers how can they be having positive discussions? Surely those discussions are simply, you’re not even meeting the minimum requirement so come back and talk to us when you are. There must be a negotiating position on both sides. What is the next marker then do we think that is going to make someone finally budge and either increase the offer or Q take something slightly lower than the bar set? Someone is surely going to realise a few extra mill added to the offer will likely save more in the long run the longer this goes on. A break through is surely going to come in the next two weeks. 

3 minutes ago, Leeds Ram said:

The rumours that we are taking out yet another loan to pay June's wages are so worrying. At this stage if that happens I don't think we will compete next season whether we go bust or not as I can't see how quantuma can provide proof that we can fulfill the season to the efl. It's such a shambles and any buyer is getting such a basket case only someone with sentiment towards the club would give us a viable deal. It does feel s bit like five minutes to midnight for us right now. 

We will compete next season - I think we would have been kicked out by now if the EFL really thought we couldn’t. Q will secure funding from somewhere or confirm the bidder before the start of the season IMO - while there are a number of bidders at the table - we don’t have to worry about liquidation.
 

With multiple bidders the only way the process will be quicker is when someone sets a hard deadline that has to be met - ie if the EFL came out and said Q needs to accept a bid by xx date or we are gone not Q saying send your best bid by Wednesday at 2. All bidders are pushing this to the end now to get the cheapest deal. Not easy for us fans but it’s just how it will be. 

Just now, TomG said:

Some saying that DCFC, a League 1 club, is not worth £50m. All I will say is that owning that badge is priceless.

It’s in your DNA youth. 

1 minute ago, tomsdubs said:

Appleby vs Ashley bidding war then, feels like we are actually making progress now due to some actual real scrutiny on Quantuma.

Maybe MM has finally given up control. 

3 minutes ago, Gaspode said:

My only concern with Appleby is where the money is coming from - has he got serious backers who are in it for the long-term?

Apparently he is the face of whomever is backing. We just need the club to recover and then be run properly. 

Q = well you know 

Just now, Alan Ramage 4 EVA said:

Did I imagine it ,or didn,t Q say any PB had to leave a 5 million non refundable deposit ?

I think this was at a certain point to cover funding to the end of last season but as things didn’t progress how they expected I think that funding was secured by other means. It may be something similar though to help fund the start of the season. 

1 minute ago, kevinhectoring said:

May well be right. And abuse from fans may have been a factor 

Look at the list of investors in skync though. As soon as the AML alarm bell rang, I think they would have said : “we can smell burning cash - clean your clubs and get on the next plane home.  

Well something like that
 

 

Think you may both be right - my first reaction was he was a bit of a fraud but think that was more emotional than thought out, frustration with the situation.
 

Maybe this was his inexperience and naivety showing through his ambitious nature of being succesful quite young. I’m suprised though it took to that far in the process for his realisation or someone to say something to him to make him change his mind. 

21 minutes ago, DerbyRevolution said:

If Appleby takes over, doesn’t buy the stadium outright and doesn’t pay enough to not get the -15….where will the anti Ashley brigade position themselves towards him? I suspect plenty of backtracking will be done 

We are at the point where we just need to be saved. Whether that means it’s -400 points, only being allowed to play children or starting every game 5-0 down, we don’t have the luxury to pick and choose what we want. Whomever saves the club, we should be grateful to them IMO for stepping in and pulling us out of the biggest mess that I think any football club has ever been in. Certainly at this level.

Maybe he does want to stay - who knows. Maybe he sees the op to become our manager after Wayne. Having said that Blackpool would be a good first one for him so I think he would be silly not to take it if he has the chance. 

Supporting Derby is uneventful and pain free. 

2 minutes ago, Hanny said:

You know. Maybe ist just a preference thing. But I don’t quite understand all the  Nixon slagging. 
 

The bloke is cryptic at times. But, to me, that just implies he’s being honest. Most stories/situations are actually boring and process driven, as opposed to fanciful and conspiracy laden. 
 

Take the CK situation; there really was nothing to suggest he wasn’t going to get the deal done. All contracts were signed and agreed. He even sent the money. All of this can actually be tracked by the parties involved. Then he pulled his offer. So up until he pulled the offer, everybody involved seemed to agree it was all going well (if not a bit lengthy). 
 

I’m sure some details will come out about why it has gone done the way it has. And I’d be surprised if those details aren’t just boring process related issues. But that’s beside the point. 
 

Nixon can be a wee bit rash and frustrating at times. But he always seems pretty level on reporting matters. Or like I said, maybe it’s just a preference thing ?‍♂️

Alan posting here will not make you any money. I’d keep It behind your Paetron. 

13 minutes ago, Abu Derby said:

If I remember correctly, Morgan sold Wolves to that Foosun thingy and at the time the team wasn’t very good. 
He will no doubt employ Mad Mick and/or Tom O’Connor, which won’t bode well at all. 

The wolves team he owned won the championship and was in the prem for 3 years. He also invested in their new training complex and turned down lots of offers to sell to the Fosun consortium because of their commitment to the club - and look where they are now. 

When he sold it, it wasn’t long after he’d supported the club back to the championship after relegation to league one. So I think he probably has all the experiences we need from a new owner. 

If Morgan buys us - I’m buying a redrow 5 bed house with some of CKs funds that are probably still up for grabs in a European clearing bank.

There’s been a distinct lack of bad news today… I am not best pleased. 

20 minutes ago, duncanjwitham said:

That *shouldn't* have anything to do with Kirchner's personal wealth though.  AFAIK, Slync.io are a publicly-traded company, that's had several rounds of venture capital funding - they should definitely not be dependant on their CEO putting money in himself to meet payroll.

Agreed - I’m talking more about credibility. 

1 hour ago, sage said:

Then how did he show proof of funds?

I have no idea - but the fact it’s heavily rumoured he hasn’t paid his own employees, he used bank holidays as excuses, disappeared off social media as soon as it got to the fact the money wasn’t appearing among a ton of other things. Including the EFL and Q not exactly having the most concreate reputations for being thorough (see the Portsmouth article about one of the lead men at Q trying to sell a reporter to Blackpool when they were doing the Portsmouth admin) and I think it makes me question whether those proof of funds were really proof at all. I just don’t have a lot of confidence of any one in this process. 

1 minute ago, Mostyn6 said:

of course he could quite easily have thought "screw this" after all the abuse, accusations and harassment. I know I would've reconsidered paying over the odds for a Lg1 club with no assets and I'm a Derby fan!

Whereas I think CK never had the money, I do agree that it’s a possibility and I do think Derby’s in a position where you have to be a Mike Ashley or a Steve Morgan (who had wolves in league one) to have that experience and that vision to see beyond the current mess. We are not in a position for a first time into football buyer to pick us up. I don’t think they’d know where to start when it boils down to it. 

With that hat on, Mike Ashley is probably our best bet…. For at least becoming a section in flannels ??. 

6 minutes ago, RAMS1992 said:

For the first time I am genuinely worried for the clubs future. I can’t see how we keep the golden share since Kirchner has wasted so much time. 

Don’t worry one chop has said it 1000000000 times, so you’ve got a long way to go before it becomes a reality. 

4 minutes ago, JfR said:

I've not seen the source, but seen a couple of people on Twitter saying that Percy's said that Morgan's back in the running

He’s not mentioned it in his tweets.