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Gee SCREAMER !!

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Posts posted by Gee SCREAMER !!

  1. 6 minutes ago, Black ('n' White) Sheep said:

    I think the sellable 'old guard' will be first to go... obviously Shinnie has gone already. Wouldn't be surprised to see one of Byrne/Fozzy/Lawrence go next and fingers crossed we can get a combined couple of million there before having to sell youngsters as a last resort come the end of the month... it's all very sad ?

    Think they'll gone but on frees to reduce money needed to see out the season.    Forsyth maybe an issue with injuries and age.  He won't get the salary he's on here for 6 months.  

  2. Just now, Kinder said:

    Gutted, I love his fight and energy. Good luck pal.

    Losing the experienced characters.  Just what the EFL want.  Byrne for a nominal fee, Jozwiak and Bielik next on loans.  6 million in sales to fund immediate football creditors and cover wages for 3 months.  All needs to be done in 10 days.  I anticipated we had 2 weeks in my post the other night.  Shame I was on the money rather than get egg on my face.

  3. 5 minutes ago, Rammy03 said:

    We're not going to get 7m from player sales. We hardly have any players to sell! Who's going to pay good money when we're in administration and they can just get them at the end of the season for free anyway.

    I think we will, not because other clubs won't start bidding ridiculous figures but interest from 3 or 4 clubs in young players will force up the figure.  We'll still get less than half there true value mind and anyone in the top bracket of earnings will be allowed to walk or go on loan till contract end.

  4. 3 minutes ago, kevinhectoring said:

    The problem really is the position on liquidation, because it’s that that means the Gibson claim endangers a CVA  The Athletic article got into this  but it was all a bit garbled 

    This is clear though : 
     

    “The general rule as to what constitutes a provable debt in administration, winding-up and bankruptcy is set out in the IR 2016, SI 2016/1024, r 14.2(1) (replacing IR 1986, SI 1986/1925, r 12.3):

    'All claims by creditors except as provided in this rule, are provable as debts against the company or bankrupt, whether they are present or future, certain or contingent, ascertained or sounding only in damages'.

    My take on that is they are not creditors and the debt is not provable and neither are damages and any court would agree. Any cash settlement requested by Wycombe should immediately have been batted back to the EFL and Boro as there pedantic dinosaur actions caused their issue.   The administrators should have dismissed this from the get go and the EFL should have done the same 8 or 9 weeks ago. 

  5. 1 minute ago, kevinhectoring said:

    The administration regime doesn’t prevent claims being notified. Nor does it allow admins to ignore claims. It merely stops proceeding being brought for so long as the admins are in place 

    It does actually if it's outside the list of creditors.  Any claim has to be legitimate and agreed by administrators and cleared by the court as a debt that needs including in possible CVA. Not this

    the5th-element-gimme-da-cash.gif

  6. 18 minutes ago, kevinhectoring said:

    Yes this is what the admins need us to believe.  But why do you say the EFL is attempting to break insolvency law? All they are saying is: this is how we have been advised that our rules work 

    Moratorium law for a start .  You can't just send a letter to company in admin saying give me money without approval of the administrators and courts. They haven't gone to court and won't. 

    The Bill gives struggling businesses a formal breathing space to pursue a rescue plan. It creates a moratorium during which no legal action can be taken against a company without leave of the court.

  7. 9 minutes ago, Rich84 said:

    So we stick to our own MPs and also spam media outlets with these points, also isn't there a means of starting a petition that with enough numbers forces parliamentary discussion? How ridiculously high is that number, is it achievable?

    My last email sent isn't overly relevant now as we are talking a few months ago.  The tail end is, however and reflects much of what was posted earlier regarding mental health.  Feel free to use it and adapt it as you wish if it's needed.

    As a footnote to this, I would highlight the additional psychological stress this issue is having on many, particularly young supporters with learning difficulties.  I myself know a child with Asperger's  who is old enough to have a grasp of this situation and whose life is Derby County football club.  There has been a noticeable decline in his mental wellbeing with this continued situation.  I have two young nephews panicking about whether they will get to see Derby play again in the future.

    Derby is a football city, it is it's lifeblood .  One Mr Clough once stated that if Derby were playing in the 4th Division people would be banging down the door to get tickets.  If this horrendous harassment continues that may be put to the test, if a club remains at all.

  8. 13 minutes ago, Ramslad1992 said:

    As soon as relegation is confirmed I’d start throwing games in protest, show them up as the morons they are. What’s the worst they could do? It would be the best protest this club could do. Randomly losing 8-0 to help a club into the playoffs, letting a team win so they stay up and another gets relegated. All because the EFL are incompetent. I’d rather have Boris in charge of the EFL. They’ve been useless for years, if nothing changes then it will only get worse.

    Be terrible if Boro needed us to get points to stop someone getting 6th place.  Practically unbelievable both our goalies got injured in the first 5 minutes.  Almost as unbelievable as Wycombe winning by 3 against Boro last game of the season but not quite.

  9. 15 minutes ago, atherstoneram said:

    I honestly believe the administrators think they would have been in a position to name a preferred bidder by now so funding for the foreseeable would not have been an issue.

    It seems they are in a position.  The other position was trust the EFL.  That was a mistake.  All these creditors with agreed payment plans will be delighted.  I wait in anticipation how they deal with this hold up.

  10. 4 minutes ago, Bobby said:

    You can’t sue QPR it was over r6 years ago so out of time.

    2018 was the agreement so not sure about that.  Think it can be up to 10 years regardless based on precedent. Seems we now have one. Not that I'm arsed unless we have to send on Gibsons bill.  

    You benefitted when the EFL thought more like this 

    EFL chief executive Shaun Harvey said: "In agreeing to the settlement above, the board was conscious that the financial burden placed on the club had to be manageable

  11. 27 minutes ago, Zag zig said:

    Even if we did, the basic flaw is time and money, let alone we would be laughed out of court.

    That’s been the Boro/Wycombe trump card a long time, the E.F.L are complicit in putting Boro/Wycombe baseless case that would also be laughed out of court, ahead of our survival interests because they won’t let us survive to have our day in court

    OR we roll over and do a deal with both clubs, somehow with the backing of a bidder. Unsure how that’s supposed to work before you exit administration though, without a complete asset strip.

    Any serious creditor wouldn't entertain this and that's the road to go down.  Not only are they holding up a sale to allow us creditor distribution but this imaginary claim means we can't pay you what was agreed so we go bust and give you nowt.  

  12. Just now, RadioactiveWaste said:

    I know, i know.

    Pertty fed up. I'm not giving legal or financial advice, but my bile and disgust towards gibson is plentiful. Overflowing in fact. there's plenty spare for mel morris, the efl and others.

    But seriously, i do not have much good in me towards him right now.

     I quite agree but what do you expect from a fella who turned on unions he previously supported to support some MP cutting hundreds of those same  jobs when it suited him and his business expansion.

  13. 3 minutes ago, RadioactiveWaste said:

    I'm feeling like I'd rather liquidate the club than gove boro or wycombe a penny.

    Just out of spite.

    Problem is Gibson wants that. The other ones a chancer who scribbled something on a fag box and in his own words' had no idea what he was claiming for but put something in'

     

    i would really love to know if Gibsons new EFL lackey was party to these discussions. As I understand, Pearce was not privy to any discussions regarding Morris last season under 'request of other board members.

  14. 6 minutes ago, Indy said:

    I agree with that apart from the administrators approach being an error. The EFL stance is outrageous and I’d understand if Quantuma hadn’t considered needing to cover some made up figure that Steve Gibson has pulled off Paddy Power and some fantasy accounting. 

    I mean funding for the foreseeable. not the fabricated liability.

  15. 1 minute ago, TheSlate said:

    Am I reading this right? Quantuma saying EFL instruction is against the stated legal process?

    9B7B5BB0-B544-44B6-91FD-F7918BC23003.jpeg

    YES. There is nothing in the legislation to support this stance there taking, in fact there own rules prohibit it.  There making it up as they go along.  In the meantime, Stoke can sign our player despite ramming 30 million quid of covid losses into accounts that finish in May 2020. They can duck off.

  16. 1 minute ago, duncanjwitham said:

    Basically confirmed what we all think then. We have an exit plan ready to,go, but the EFL won’t allow us to put it into action until we’ve paid off ‘boro and Wycombe.

    EFL are holding up the sale based on claims with no legal standing then.  A new buyer seems happy to take the club on but the EFL - despite there statement- are classing these two twits as football creditors by their own decree.  The admin haven't put sufficient funding in place assuming they would get this over the line today-  that was an error.   In the meantime, with interest, debts get higher.  If we go under in the next week or two they get nothing.  

  17. 9 minutes ago, CBRammette said:

    So if Gadsby not involved in race surely he or another Derby businessperson with infrastructure could set up crowdfunding of some sort quickly?  If inclined could Mel lend cash to get us through?

    He could gift us the money but that would involve a tax bill.  He wouldn't like that

  18. 5 minutes ago, Coconut's Beard said:

    That's my biggest concern of all concerns at the minute, a firesale may not even be enough, and if that's the case what exactly have we got left to try? I can't think of anything.

    We certainly need to raise the cash to clear transfer payments due pronto.  With cash coming into the club through the gate I really can't see how we are having to borrow some much money with a largely reduced wage bill, if we are, then at this stage highest earners need to go .  Marshall has. so were looking at Byrne - nominal fee, Lawrence - nominal fee and Jozwiak and Bielik - maybe 1.5 million in our current state. Bielik/Jozwiak may go for a loan to remove wages till the summer. 

    To cover those transfer fees and provide a cash cushion were looking at youngsters with potential, probably Ebosele who 6 months left for 500k and Knight/Bird for a couple of million, as I suspect we'd have more than 1 interested in Knight particularly.   The job has now changed from buyer to survival thanks to a combination of EFL ******** and ill prepared administrators who've been rabbit in headlights from Day 1 bending over backwards.  If you allow a bully to push you from the first day at school, they keep doing it.

    That gets you to May with no team and probably no buyer as it doesn't relieve debt owed.  Can't see anything but doom in the next week at this point.  How a club that brings in 30 million a year can be in this state is incomprehensible as is the one-upmanship and incompetence from the EFL and admin team attempting to sort it.  

     

     

  19. 12 minutes ago, NottsRammy said:

    There is part of me who just wants the players to sit on the pitch and let sheff stick the ball in the net . Its the only way to highlight to national news how bad this has got with middlesboro and wycombe sticking the knife in when its the efls fault . And how can you have a boro candidate on the efl panel judging on this and its allowed to happen the worlds gone mad . 

    Risdales on there as well isn't he.  May as well have got Morris.

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