Phuket Ram

24 minutes ago, Caerphilly Ram said:

How anyone can say Collins isn’t a natural goalscorer is beyond me, what a finish that is 👌 

Maybe because he hits the stand, the crowd or the car park more than he hits the target?

Was Hourihane's man, was poor in the tackle and then left his man to score as he jogged slowly back towards goal. Pathetic from the skipper, and not for the first time....!

Just guesswork from Nixon then - according to Warne. Nixon's not a credible source of anything, as we know.

3 hours ago, Unlucky Alf said:

?

Nixon should get a job in a pork pie factory.

https://www.derbytelegraph.co.uk/sport/football/football-news/derby-county-darren-ferguson-warne-7624920

He just makes (sh) it up.. No credibility whatsoever. pure guesswork as always.

3 hours ago, RoyMac5 said:

Maybe on a par with Colin's pre-game 'you've got to... for 3 points' I thought this was top, top, motivation.

From Dimmu's post:

 

I think I got a bit carried away there - I just put my 20-year-old football boots on and started punching people in the face.... 

So long as he gets the crosses in...

We've paid Tom one heck of a lot of money while he's been here. And a lot of the time, I've not been his biggest fan tbf. But last year, I liked him. Took me a long time I'll admit. Anyway...

We should offer him whatever is our new max salary limit. AND THEN THIS...

1. He's free to leave if we receive an offer of £1m plus (or something like that)

2. We give him a % of the sale value (say, 30%)

That way, he can play football with us, bide his time, pocket a huge amount of cash when he leaves, we pocket some cash, he helps us out financially and everybody's happy.

What could possibly go wrong? 

Wow! Amazing signing!! superb! 

27 minutes ago, rsmini said:

At the start of the administration process, many moons ago … The land owners of Moor Farm, a local family believed to be the owners of Locko Park. Said that the long lease on the land with DCFC was not a problem and they were happy to continue with it. 
 

Why all of a sudden does this appear to have changed and where has this rumour/information come from?

Somebody guessed at it on here first, Nixon was initially non-committal and ambiguous as usual, then strangely he latched onto it. I guess he couldn't think of anything.

Personally I think it's all pure guesswork and well wide of the mark. Leases were all in place with the companies that are not in administration and now (nearly) owned by DC, subject to MSD charges, and registered with the land registry. Leases are often saleable or assignable assets. ie. they have a distinct value. I would guess it's about money for rent arrears that may have got missed, or something to do with the £1.6m loan from the Stretford Agent company.  

13 minutes ago, kevinhectoring said:

It’s 16.23 here. Where on earth is it 5 o’clock?

It's 10:40pm here, the big announcement happened at 6pm, Did you guys miss it? We've been partying on the beach....

32 minutes ago, Animal is a Ram said:

My educated guess would be the Locko family for the lease of Moor Farm.

Otherwise, we're gifting Wycombe Wanderers a car park extension.

I think what Nixon meant to say was "No, I have no idea, but happy to guess and pretend its true - is that ok for you?"

Come to think of it, has he EVER said "No. I have no idea"? - I'm sure that would be a collector's piece. 

14 minutes ago, Curtains said:

17th June wasn’t it for Stadium sale completion 

CK had already gone 

lol, he didn't just rock up on 17th June with his debit card mate. Started long before that, obviously. 

1 hour ago, kevinhectoring said:

You’re saying he’s planning to sell down some of the club shares, after he completes the purchase of 100% of the club ?

Seems like a possibility. But if that’s the one and only plan, why didn’t he buy the club and the ground at the same time, so that we could get on with signing some players? 
 

(Sorry if any misunderstanding) 

He bought the ground simply because there was an impasse - to enable the sale to KC.  (See the date of sale) At that time KC was preferred bidder and in the middle of a purchase. No problem, right?

KC then pulled out unexpectedly, so DC then decides to buy the club - to save the club. 

His actions were driven by events as they happened. I believe he had no intention to buy the club until until the risk of losing it became intolerable. I have absolutely no doubt that he will sell shares and fairly quickly - given the interest of Appleby's team. Makes absolute sense to me. I don't think we can slate him for rocking up late to the party, we was merely walking past eating a kebab at the time... 

Jeez it’s astonishing how some people can grasp the point that’s being made re investors!

1. Clowse buys the ground and the club with his own cash - this saves the club, gets us out of administration and allows us to start trading, signing players, offering contracts etc.

2. AFTER he’s the new owner, he THEN need more investors to buy some of his shares off him, reduce his financial exposure, and share the losses. This can obviously take weeks, months or longer. But he’s prepared to stand the losses on his own for a period of time. We don’t know how long that period is, but I doubt it would be more than a year. Because although he’s a fan, he’s not stupid.

1 hour ago, jono said:

I’m guessing here …

Derby County Owed MSD a certain amount of money. In that sense MSD we’re a creditor and on the books. The security for the loan though, was against the stadium which was owned by Mel. Mel couldn’t therefore sell the stadium until the charge was settled. I’d suggest therefore that it is exactly like selling your house. You get the proceeds less what was owed to the building soc, which is then paid to them by the solicitors completing the deal. So I would guess DC bought the stadium from Mel and Mels solicitors forwarded part of the proceeds to MSD in settlement of the debt that was on DCFC’s books. So yes .. it should have gone. I doubt MSD have any unsecured loans to DCFC. Those sort of people just don’t lend money without lots of tangible security. What I am not sure about is the alleged further loans from MSD during last season . Did they get guaranteed by the stadium too or is another complex financial instrument in play ? 

£1.5m additional MSD loan was secured against leaseholds and other assets. Will need to be repaid by the new owner I believe.

8 hours ago, Mick Brolly said:

 

 

 

 

 

So it's definitely one of those or none of them 

Confusing isn't it 

I think it will be Mike Appleby. New guy. 

1 hour ago, B4ev6is said:

My point is if mk Don's can stay in football league so can we that's my point.

But MK Dons just changed their name from Wimbledon and moved to Milton Keynes. Not remotely similar to our situation mate.

46 minutes ago, tinman said:

It’ll be Byrne and Buchanen. 
 

so that article is staying that any player at any club that changes ownership can walk away mid contract? 

they would have to pay up the remaining time on their contract/notice period. 

They can take all the advice they want, but they will have a continuing contractual obligation to the club (and it’s successors) which means they can’t even buy out their contracts unless the club agrees. I think it will be the agents trying to engineer a pay day. Can’t see it happening. Just posturing by the agents. 

20 hours ago, IslandExile said:

? Sshhh. It's a secret.

Yeah - don’t jinx it!

Just now, derby8 said:

Appleby sold to Morris in 2015, can anyone recall the price compared with what may be forking out now...

£50m was quoted

6 minutes ago, atherstoneram said:

 

You said hand it over to whoever offers the most £'s but to hand it over to someone who knows how to run the business firstly they have to meet the administrators criteria for exiting administration. 

"So clear the debts and hand it over" what do you think the administrators have been and still are trying to do, it is not their fault if the debt is too high and nobody willing to pay it.

We’ve just gone full circle… nobody is willing to pay what the admins want… so that’s where my comment started..

7 minutes ago, atherstoneram said:

Your last sentence is certainly not an option for the administrators, that's why they are here, dealing with the shitstorm the former owner created.

And to clear the debts and hand it over to someone who knows how to run the business. So clear the debts and hand it over…. Whatever is on the table now, is only going to go down from here on in - while the debts increase until there’s nothing on the table. The table belongs to MSD anyway… 

I can’t believe that with all these “interested parties” (bidders), none of them has made a bid that will satisfy Q’s option 1, or option 2. 

Surely you’re not a credible bidder if you can’t avoid the -15 points, because wtf would you genuinely buy a club, knowing that you’re more or less consigning them to league 2??  

So, are Q really saying that we have NO credible bidders? Seriously? 

i am almost at the point of saying fk it, sell it to whoever gives the most £ and let them deal with the sh!tstorm they create themselves. 

15 hours ago, Crewton said:

Just a thought : the Administrators latest report said that the additional loans from MSD were secured by a Debenture (i.e a different form of security to the original £20m loan), so perhaps the additional funds are secured against the football club assets alone? 

I looked again at this, Crewton, and although the MSD fixed charges do cover the property leases, I stupidly didn't read far enough to notice that they were signed by Carl Jackson, from Q!!  So you are right - the additional loans from MSD from November 2021 are not secured by the Stadium, but by other DCFC leasehold assets. What this means then, is that the Stadium price is not increasing; and the subsequent loans can be repaid separately (although MSD still secured creditors). Got there in the end lol. 

4 hours ago, Crewton said:

Just a thought : the Administrators latest report said that the additional loans from MSD were secured by a Debenture (i.e a different form of security to the original £20m loan), so perhaps the additional funds are secured against the football club assets alone? 

Possibly, but unlikely in my opinion. The Debenture is already defined within the existing charge against the stadium, all tangible property leases and pretty much anything MSD could think of at the time. I'm not sure there are any tangible or intangible assets not already subject to the DSB charge which would come anywhere near to meeting the value of the loan(s). I think it's just Q getting excited over terminology.