SamUltraRam

??NEW PODCAST??
I’m joined by Insolvency Practitioner Scott Bebbington
we discuss 
✅Admin process
✅Who loses out
✅Stadium Sale
✅Best/Worse case
✅Probable Outcome 
https://pod.fo/e/eba5b
 

I guess that is an important reason why we have to keep trying to pick up points - in case others collapse this season
But what a terrible endorsement of English football that would be - but possible
I remember a few years ago, there was some ridiculous idea of lower league clubs becoming feeder clubs for some of the premiership teams - I think that possibility is now far more likely i'm afraid
https://www.express.co.uk/sport/football/1279794/Premier-League-English-football-B-teams-feeder-clubs-Dan-Ashworth-Brighton
 

I guess that is an important reason why we have to keep trying to pick up points - in case others collapse this season
But what a terrible endorsement of English football that would be - but possible
I remember a few years ago, there was some ridiculous idea of lower league clubs becoming feeder clubs for some of the premiership teams - I think that possibility is now far more likely i'm afraid
https://www.express.co.uk/sport/football/1279794/Premier-League-English-football-B-teams-feeder-clubs-Dan-Ashworth-Brighton
 

They'd love it if our points deduction took us 32 into the red. 

Did they tell Mel when the fun stops, STOP?

Even the BBC website's headline yesterday was about how Rooney wouldn't have taken the job if he had known the full financial situation.
The headline should have been that the administrators are positive about finding new ownership - but that doesn't get as many 'clicks'

Even the BBC website's headline yesterday was about how Rooney wouldn't have taken the job if he had known the full financial situation.
The headline should have been that the administrators are positive about finding new ownership - but that doesn't get as many 'clicks'

Even the BBC website's headline yesterday was about how Rooney wouldn't have taken the job if he had known the full financial situation.
The headline should have been that the administrators are positive about finding new ownership - but that doesn't get as many 'clicks'

That might explain why Mel Morris was a regular on there

Taken from her own website...
"Michelle Dewberry overcame significant adversity during her childhood and early adult years, growing up in Hull."
 
Sums up Hull I guess..

That might explain why Mel Morris was a regular on there

All EFL clubs that go through an insolvency event are required to work to a League-approved business plan for two years as a condition of the transfer/retention of their membership share (the so called 'Golden Share'). This inevitably will mean a restriction in the transfer market compared to others, but perhaps not an embargo as such.
And in any case I doubt that the club's rolling P+S limit will be reset, so new owners will be working to restricted head room for permitted losses in the short term.
And... if the Club is in League One next season, the financial controls are different in that division. The £2.5m salary cap proposal was thrown out last year, but I think current rules state that in L1, the salary cost management protocol limits player related expenditure to 60% to turnover. For Derby, that would likely be circa £10-12m per year.

I'm sure Mel Morris said on Sunday that if it weren't for Covid, we wouldn't now be in administration - so worth a try
If it works & the other offences end in a net 12 point deduction in total then it gives us a chance
Especially if a few other clubs get punished too
Blackpool away on 30th April may be very important & just imagine if we end up playing the last game of the season at home to Cardiff in a similar situation to last season against Sheff Wed - with everything riding on it
Oh the emotions !!!!
 

Seeing as this has turned into a Rooney love-in, as a female (love Friday Night Dinner) on here would like to express my huge thanks to Coleen Rooney, the couple's sons and wider family who must be supporting Wayne supporting what seems like the entire city of Derby and fans beyond. As a mum of just 2 boys I know how manic it was when my husband went away with work when they were younger and I cant imagine this is what they expected as a family when they came back from the States. Perhaps a slow wind- down from Wayne's playing career to a bit if coaching. This situation must be consuming them. Before anyone says it I know the wolf isnt exactly at the door, but that makes no difference they are a family like any other who cant be seeing their husband and dad very much this season. So thank you clan Rooney - I think our position would be so much worse if he wasnt here. 

I think I love Rooney
It's now only coming out what he's had to deal with over the last 10 months
Also he admitted when asked, but with dignity, that he HAS been paying for some things himself
Respect

I think I love Rooney
It's now only coming out what he's had to deal with over the last 10 months
Also he admitted when asked, but with dignity, that he HAS been paying for some things himself
Respect

I think I love Rooney
It's now only coming out what he's had to deal with over the last 10 months
Also he admitted when asked, but with dignity, that he HAS been paying for some things himself
Respect

I think I love Rooney
It's now only coming out what he's had to deal with over the last 10 months
Also he admitted when asked, but with dignity, that he HAS been paying for some things himself
Respect

is the Reading match a 24 pointer?

I think I love Rooney
It's now only coming out what he's had to deal with over the last 10 months
Also he admitted when asked, but with dignity, that he HAS been paying for some things himself
Respect

I think I love Rooney
It's now only coming out what he's had to deal with over the last 10 months
Also he admitted when asked, but with dignity, that he HAS been paying for some things himself
Respect

There's a documentary!!!
 

In brief
The club has a viable future
Considerable interest in a takeover including from previous prospective buyers !!
Administrator was asked to assess us 3 weeks ago & it was finally MSD who asked us to go into administration
Mel Morris is owed lots of money but is prepared to write it off ?
We have some cash available but probably not enough to last 3 months. Further short term borrowing is possible
Every confidence that the club continues and the fixtures are fulfilled
Exact club debt is unknown but is in 10s of millions - new owners would not be liable for much of that
Intention is to bring club, stadium & training facilities back together
Intention is to get to January transfer window and no players leave, a new owner is in place & possibly acquire more players
Initial discussions with EFL were positive but possibility of further points deductions remain
EFL does NOT want DCFC to go out of business
The need to pay HMRC in full is not the case
Fans giving donations is not as important as selling more match tickets (probably why the ticket office has reopened)
 
 
 

In brief
The club has a viable future
Considerable interest in a takeover including from previous prospective buyers !!
Administrator was asked to assess us 3 weeks ago & it was finally MSD who asked us to go into administration
Mel Morris is owed lots of money but is prepared to write it off ?
We have some cash available but probably not enough to last 3 months. Further short term borrowing is possible
Every confidence that the club continues and the fixtures are fulfilled
Exact club debt is unknown but is in 10s of millions - new owners would not be liable for much of that
Intention is to bring club, stadium & training facilities back together
Intention is to get to January transfer window and no players leave, a new owner is in place & possibly acquire more players
Initial discussions with EFL were positive but possibility of further points deductions remain
EFL does NOT want DCFC to go out of business
The need to pay HMRC in full is not the case
Fans giving donations is not as important as selling more match tickets (probably why the ticket office has reopened)