Phuket Ram

8 minutes ago, Gaspode said:

You may be surprised that I’m surprised but I'm not surprised....

You surprise me 

11 minutes ago, MK-Ram said:

I give in.

They surely must know that they cannot disclose information that is being requested.  Also not sure why he is overly concerned about HMRC, if they are successful in their claim to be a football creditor, and we liquidate, it's HMRC and the public who will suffer whilst he continues to stuff his pockets 

 

This entire situation is ludicrous. The punishment has been handed out. Derby County cannot be blamed for a massive losing streak 

Has anyone, or will anyone, do the maths and work out that if DCFC's entire season's results were expunged (removed) - where would Middlesbrough have finished the season? I'd be interested to know, not that it's particularly relevant. Just interesting. 

I will be releasing my own open letter, once I've leaked a bit to the press ? 

Steve Gibson's lawyers must be cringing at his apparent juvenile behaviour. How to make MFC a laughing stock. How did this guy ever get enough money to own a football club?? dear....

2 minutes ago, Black ('n' White) Sheep said:

Any way that we could just get funding from someone... anyone... that'll see us out until the end of the season and buy us some time? I'm sure there's enough multi-millionaires around Derbyshire that could club together. Each side is blaming the other and we're eventually going to run out of time.

Alongside many others on here, I don't know what I'd do if there was no more DCFC.

I think the admins say in their statement (in a round-about way) that they have asked the bidders to stomp up the £7m. I'm guessing £2.33m each and an agreement between each of the 3 parties to repay the losing bidders. Makes sense to me. 

37 minutes ago, hiltonram said:

The EFL won't want to say theses two low life clubs are not football creditors because then Boro will want to take legal action against the EFL saying they were not governing properly in the past and if they win then the bods at the EFL will lose any respect they ever had while risking their nice big earner jobs and the EFL would more than likely get removed which may happen anyway after this.

So for Parry if Derby get liquidated that problem goes away. Gibson then wins his vendetta against Morris so is also happy. If that happened I would not like to be in Parrys, Gibsons, Birch and the Wycombe chairmans shoes.

The sports minister needs to put pressure on the EFL and the rest of the world needs to call out Midlesbrough and Wycombe.

Either you read my post this morning, you are a highly intelligent being ?

1 hour ago, David said:

Has it been decided? As per their statement a couple of days ago they said that they didn't even know the details of the claims brought against us.

They have invited the clubs to submit details and are said to be going through them now.

As far as we're aware, the EFL have yet to decide where they stand on it, however they are looking for the clubs to resolve it before allowing us to move to the next step, basically staying out of it for fear of upsetting either party.

I have personally emailed Rick Parry this morning on the issue as to where they stand on this, if what you're saying is true that they have decided, they shouldn't have any problem sharing that with us.

I am sure the administrators said that the efl consider them football debts and that they cannot be compromised. No? Otherwise why would the efl had said anything at all if they weren’t aware of the detail of the claims? They are 100% aware, and in dcfc’s case the efl caused the claims to be brought in the first place!  Don’t get me wrong, I am with you brother ✊

3 hours ago, David said:

I hear you, however we are talking about now as right now this is the key obstacle preventing the sale.

The EFL must decide right now if it's a football debt, clarify their position on this, and right now they must use Article 48 to make this decision.

You cannot have the EFL using a crystal ball or visiting palm readers at the circus.

If they say yes it is, Derby have grounds to drag them into court as it's yet to be a proven football debt under article 48 as of today, which I suspect would happen as the alternative is pay them off or fold. 

Any prospective buyer will be looking to pay bare minimum to get the keys.

Would be a very ballsy move to say it is, what could they possibly base that on?

They really have backed themselves into a corner on this one through poor handling of the situation, whichever way they turn now puts them in a huge hole. 

How watertight is this deal with Boro that prevented them from being sued, sat on the fence suggests not very. 

Hi David, they already decided that, when and if it becomes an amount of money, it will be classified as a football debt. Urm that’s the issue. That’s why nobody will take in the risk. 
 

They took this approach because Middlesbrough said they will sue the EFL otherwise. That was their deal with boro.

so there is no way in gods earth the efl will reclassify. Hence my post… get a judicial decision…. Waste of time trying to convince the efl that they should be sued instead of us…… ?

8 hours ago, David said:

You have put forward a case that suggests Boro and Wycombe are not football creditors, which article 48 confirms.

Which is also exactly the purpose of this topic to highlight this.

Boro and Wycombe are not football creditors, remove them and all this goes away.

The entire point (and what this is all about) is that article 48 states that if and when a financial settlement or award is determined it will be treated by the EFL under Article 48 as a football debt. That's the problem... not whether it's a football debt right now,  but later......

Nothing goes away until either:

1) the EFL goes back on the deal they made with Middlesbrough (which I can't see happening - as I said, the EFL would be sued by Middlesbrough), or

2) a judicial ruling is made that overrules the EFL's stance, or

3) Somebody agrees a settlement (and it is not going to be DCFC)

Simple? Not really.

Although it's really helpful, I think you may be barking up the wrong lamp post..

Article 48 merely defines who is a Football creditor when payment is due and is in default.

Under these terms, the rule simply defines that if we owe money to Middlesbrough et al, for whatever reason, then the debt is then treated as a preferential football debt and must be repaid in full.

At the time of going into administration, and as of right now, we do not owe Middlesbrough or Wickham any money at all. Zilch. 

However, the administrators view, quite rightly, is that although Middlesbrough are a football creditor ordinarily by definition, this action is potentially one of litigation for damages, and is clearly in dispute and indeed was not even filed for litigation prior to DCFC going into administration (presumably with Middlesbrough following EFL instruction).  

There is no debt, there are no amounts owed, currently.

The EFL however will have convinced Middlesbrough that they [EFL] will decide what, if anything, is owed - to avoid costly litigation. And we all know very well what that usually means... ?

The problem is that, as this should have been a matter of litigation not arbitration, the EFL has indeed shot themselves in both feet and may now, quite rightly, either be sued by DCFC or sued by Middlesbrough.

The EFL's own incompetence and delusions of an all-powerful being, has put all parties in a lose/lose situation. 

The only way out I can see is for the EFL to pay off Middlesbrough and Wickham.

The alternative being that DCFC goes into liquidation and the EFL's litigation problem potentially goes away, but things then may get a whole lot worse and the EFL risks being reformed into something else..

I'd like to see all parties stick to their guns, we go to court external from the EFL, and DCFC finds funding for the remainder of the season.

That way the EFL will almost certainly implode, DCFC gets to survive.

So, admins - find the cash from one of the potential owners, go to court and get a ruling. The EFL can whistle. The new owners then buy the club once the litigation is concluded. I.e. some time in the summer... 

So...

Maybe somebody could ask the EFL fella directly, or indeed the administrators, if there is any point in us fans raising a crowdfunding project to cover the administrators' projected revenue shortfall? It may not amount to £7m at all, it may well be considerably less - plus, divide that by the number of fans willing to contribute on a weekly/monthly basis and it all begins to sound simple. Ish. 

Personally, I'd like to see the administrators start thinking outside of the box and get the ducked crowdfunding off the ground - after all, they are supposed to have the intelligence, the people and the lawyers to work this out. Priority number 1 - sustain the club!!!

Dear Administrators: WE ARE HERE! WE WANT TO HELP!! WHERE ARE YOU???

There is no way anyone would have the balls to terminate his contract over Rooney's head, I'm guessing the EFL blocked the extension. Anyone any the wiser?? 

On 12/08/2021 at 12:37, tomsdubs said:

Without Shinnie in there we would struggle to win another game as the squad stands IMO. Does all the dirty work.

Is it just me then who thinks he's cr@p? Loses the ball easily, 90% of the time passes backwards, has never won a header in his life, can't pass more than 10 yards, not very quick, not very strong, in fact pretty much below average for this league. Are there 2 Shinnies? have I missed something? I mean, I was a better player than him.. and I've no doubt some of the kids we have are. Just need a run in the team. I'd sell him tomorrow. Wouldn't make a blind bit of difference to where we end up this year. in my option lol.

Ps. We have struggled to win another games WITH him in the team so.... ?

Yep. He's a fraud. I've seen more talent in a Stoke nightclub.