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Kinder

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  1. Clap
    Kinder got a reaction from Steve How Hard? in The Administration Thread   
    I just don’t get it. It seems CK never seriously intended to follow through and complete the purchase, so what on earth was he hoping to get out of this? It’s surely killed his credibility in the UK at least. What did he think he was going to achieve?
  2. Haha
    Kinder reacted to Norman in The Administration Thread   
    Creditor bill is the bill for the creditors. 
    35% is 65% less than 100%. 
    Hope this helps. 
  3. Clap
    Kinder reacted to Archied in The Administration Thread   
    It’s disgusting that people can be treated this way ( I have a small business) but the fault is in a system where a man with the worth of around 500 mill ( even if it’s dropped considerably now ) can run up these debts and walk away , I don’t think it says too much about Ashley that he wants to be saddled with as little as possible of another man’s debts when buying the club and saving it from going under , even if it’s for the motive of building it up to make a long term profit , do you really believe ck or any of the other bidders are not trying to pay creditors as little as they feel they can get away with ?
    not one of those bidders is buying the club for the motive that they feel the creditors have been wronged and they want to step in and do the right thing for them, certainly ck is doing the absolute least he can without incurring a points deduction which impacts on his business plan,
    the creditors and derby county have been shafted by Morris we should not and can not judge people like Ashley and the others on them not wanting to pay for Morris mess ,anyone buying derby is buying another man’s debts and a business with next to no worth and assets apart from a decent fanbase which gives potential for future if run properly 
     
  4. Haha
    Kinder reacted to sage in The Administration Thread   
    His views aren't to be trifled with
  5. Haha
    Kinder reacted to Truckle in The Administration Thread   
    Help from the EFL?  That'll be the arsonist following the fire-engine with a watering can then.
  6. Haha
    Kinder reacted to Barney1991 in The Administration Thread   
    Plan B is ferry it over on a dingy hoping to not run into the boat police instead of the banking police. 
  7. Like
    Kinder reacted to CBX1985 in The Administration Thread   
    Hello everyone.  Nice to meet you all.  Found this forum a week or so ago, and in the circumstances have been reading frequently.
    I do believe there is, perhaps understandably, a mismatch between business reality and fans wanting to "save our club".  Some of the business people involved also care deeply about football, and some this club; but business comes first and their backers are not going to want to "donate" monies beyond the relative value of the proposition.  
    I work in financial services and investment.  I have previously worked at a global accountancy firm, where I for a while sat next to a company administrator - no, not Q - so have some familiarity with how these processes work in general terms. 
    My analysis: is DCFC has VERY large debts.  DCFC has virtually no tangible assets.  Those we do have are players (if very few!).  On liquidation, unlike with other firms in most normal industries, those assets can leave for free on liquidation - so valueless to a liquidator.  We have considerable brand value (30k matchday attendees), all those here etc etc.  That brand value dies on liquidation, if EFL does not allow re-entry at L2.  Unlike with most businesses, the name cannot simply be sold as a way to pay creditors.
    There is an old maxim: if I owe the bank £10,000, I have a problem; If I owe the bank a £1billion, the bank has a problem. That applies here.  On liquidation, the creditors get nothing.  Think about it, the players have no value and we don't own the ground.  We are left with paying £100m or whatever it is from old replica kits from the Superstore.
    Ashley knows this, too.  As do all the buyers.  The reality is someone needs to be screwed here.  Liquidation screws everyone, but the admins need to extract as much as they can.  And so along strides a wonderful American who will generously pay a nice amount to said creditors for a L1 club.  No points deduction.  Keep Rooney.  40 new players.  He might as well throw Bale in to the mix as well, and consider putting a bit in for Messi.  It feels - not saying it is - a little too good to be true.  He is offering to be the one financially screwed for the greater good of everyone else.  And on cue the money doesn't turn up... makes you wonder.
    What, in my opinion, this club has needed since January is to have the real crunch liquidation point - the club will liquidate on x date without x monies.  At the moment, creditors are thinking "I can get a 'good' deal from some naive mug" and are not considering the real haircut they are going to need to take to get some monies back, maybe 5 or 10p in the pound.  Once a potential vulture owner decides to accept the points deduction, why offer the creditors any less than a completely derisory offer (you get them to their lowest point before they refuse on principle)?  The points deduction will be the same.
    This is Ashley's strategy (and probably everyone else bar CK).  He is planning to screw the creditors.  But this only works if you are prepared to hold out to the very very very last minute; and you can act fast to prevent the reapers axe actually coming down. 
    The idea he will take CK's terms like-for-like is for the birds.      
     
     
     
     
      
     
     
     
  8. Like
    Kinder reacted to Caerphilly Ram in The Administration Thread   
    That reads like the response to the contact Percy mentioned earlier, so Q have reached out and MA has replied and said “we’re interested, always have been, don’t take kindly to being your 3am text after you’ve failed to pull but let’s talk so long as your ex isn’t involved”…. I may have paraphrased a little 
  9. Like
    Kinder got a reaction from cstand in The Administration Thread   
    Sadly you’re bang on.
    I’d be delighted with trading water next season though. If (and it’s still a big if) we still have a club in League One next season, there’s now a strong possibility we’ll start on -15.  Pre season starts in a couple of weeks and we won’t have any players and very likely no manager.  It’s hard to see anything other than a relegation battle. Sorry to sound negative but it feels so bleak. I’m desperately hoping for some good news.
     
  10. Sad
    Kinder got a reaction from Tamworthram in The Administration Thread   
    Sadly you’re bang on.
    I’d be delighted with trading water next season though. If (and it’s still a big if) we still have a club in League One next season, there’s now a strong possibility we’ll start on -15.  Pre season starts in a couple of weeks and we won’t have any players and very likely no manager.  It’s hard to see anything other than a relegation battle. Sorry to sound negative but it feels so bleak. I’m desperately hoping for some good news.
     
  11. Like
    Kinder got a reaction from Dave Mackay Ate My Hamster in The Administration Thread   
    Sadly you’re bang on.
    I’d be delighted with trading water next season though. If (and it’s still a big if) we still have a club in League One next season, there’s now a strong possibility we’ll start on -15.  Pre season starts in a couple of weeks and we won’t have any players and very likely no manager.  It’s hard to see anything other than a relegation battle. Sorry to sound negative but it feels so bleak. I’m desperately hoping for some good news.
     
  12. Like
    Kinder got a reaction from CBRammette in The Administration Thread   
    Sadly you’re bang on.
    I’d be delighted with trading water next season though. If (and it’s still a big if) we still have a club in League One next season, there’s now a strong possibility we’ll start on -15.  Pre season starts in a couple of weeks and we won’t have any players and very likely no manager.  It’s hard to see anything other than a relegation battle. Sorry to sound negative but it feels so bleak. I’m desperately hoping for some good news.
     
  13. Like
    Kinder got a reaction from NottsRam77 in The Administration Thread   
    Sadly you’re bang on.
    I’d be delighted with trading water next season though. If (and it’s still a big if) we still have a club in League One next season, there’s now a strong possibility we’ll start on -15.  Pre season starts in a couple of weeks and we won’t have any players and very likely no manager.  It’s hard to see anything other than a relegation battle. Sorry to sound negative but it feels so bleak. I’m desperately hoping for some good news.
     
  14. Clap
    Kinder reacted to JuanFloEvraTheCocu'sNesta in The Administration Thread   
    This delay will likely cost us Rooney, Rosenior, a load of contract renewals and a load of transfer targets. We've gone from having a plan and a way forward to complete chaos with hardly any time to completely rebuild a squad ravaged by administration. Absolutely no chance we challenge next season. Back to the treading water (at best) and uncertainty we've had for the last two years.
    Everyone involved in this administration process, be it Quantuma, the EFL, Gibson, Morris, Kirchner etc has been utterly incompetent and the staff, players and fans are being treated with utter contempt by anyone in a position to do anything about it.
  15. Cheers
    Kinder reacted to Ram-Alf in The Administration Thread   
    Good Morning all, I hope you all slept well.
    I spoke to my friend last night at 11-30pm, A little about my friend, He knows several ex DCFC directors, Had/Has business dealings with them and is an extremely good golfer and has a very good business, Yesterday at golf(no not with CK)he was with one ex DCFC director, This director fed him the information I gave and he said and I quote "I expect Steve Morgan to be the new owner come 5pm this evening".
    Now this is where the fun starts, Q knew Monday afternoon there was an issue with the money but sat on it, They were blinded by CKs credentials and patter, Dawes breaks some news concerning wages being paid by someone at DCFC and not CK, The person who gave him this info was a senior DCFC player who was promised certain things, The player I do not know his name.
    Q after Dawes revelations went into panic mode, My friend and Q knew of the wages not being paid to CKs employers on Wednesday, Some ex DCFC directors don't seem to be that impressed with CK, They think he's a braggart a little loud but likes to be liked, On a personnel note my friend thinks a little jealousy has crept in with how CK made his money...ie got lucky.
    Q now have a mountain to climb, According to Dorset, Percy, Nixon, Dawes and anyone else who's reported the story they seem to be batting for their PB/Owner, Whether it be Morgan, Appleby, Ashley or even Kirchner who knows?‍♀️, Q and the EFL are at odds with each other and have been for several months, It looks like the EFL are trying to put all the blame on Q as the paperwork they saw for the fit and proper owner came from Q.
    My friend said he stands by on what he was told yesterday, Most of us will have someone in our group that like to bluster and maybe give out a little BS, My friend is not one of those types, He's a genuine person who I'd stand up for and is not afraid to stand up for his mates.
    Chins up all....Alf
     
     
     
  16. Clap
    Kinder reacted to Ram1988 in The Administration Thread   
    Petition to look into the conduct of the administrators 
    https://www.change.org/p/sports-minister-to-look-into-the-conduct-of-the-administrators-at-derby-county?recruiter=306889109&recruited_by_id=6d577ca0-0618-11e5-9168-311cb2319860
     
     
  17. Clap
    Kinder reacted to Ramslad1992 in The Administration Thread   
    Whilst I’d follow a phoenix club it is absolutely the last resort and something none of us should actively call for. 
     
    IF that happened a lot of peoples mental health on here would take a MASSIVE hit and that’s something we all definitely don’t want. We are a family and we stick together.
    if you’re religious then prey if you’re not then hope somebody comes and saves us.
    it’s incomprehensible that a FOUNDING MEMBER of the EFL could be screwed over time after time by the EFL (bamfords btw) yet here we are. 
     
    There just needs to be a derby county, Ashley, Morgan, whoever, this club needs to exist for a lot of us. If this club does then a lot of us die with it.
     
  18. Clap
    Kinder reacted to hintonsboots in The Administration Thread   
    Evening CK.
  19. Haha
    Kinder reacted to Ramslad1992 in The Administration Thread   
    Today is national ballpoint pen day (it actually is!) so I couldn’t sign anything anyway. All pens are on a break today.
  20. Cheers
    Kinder reacted to Owen87ITK in The Administration Thread   
    I have not.
    The staff know as much as everyone else. 
  21. Sad
    Kinder reacted to Woodypecker in The Administration Thread   
    Update from RD: Liam Rosenior in talks with Blackpool FC and on their managerial shortlist.
    And so it crumbles....
  22. Haha
    Kinder reacted to Ram-a-lama fa fa fa in The Administration Thread   
    if i was mike ashley, id buy quantuma
  23. Haha
    Kinder reacted to Tyler Durden in The Administration Thread   
    Most accurate piece of reporting on here over the past number of weeks is the name of the Twitter account asking the question to Nixon 
  24. Like
    Kinder reacted to Ramslad1992 in The Administration Thread   
    It’s the girls 2nd birthday today, going to put DCFC on the. Ack burner for the day and hopefully when she goes to sleep in the evening I can come on here and there will be some good news either way ?
  25. Sad
    Kinder reacted to RoyMac5 in The Administration Thread   
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