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Hanny got a reaction from lrm14 in The Administration Thread
A quick leaf through the pages tells me I should not engage with this…because I’m just seeing folks making wild statements. And bring a bit emotional with the follow ups. So I will regret wading in…especially since I may not respond for a bit- sorry ?
However the thing that seems to stand out is an assumption that there are magical better offers out in the wild that are being cruelly held back from some incompetent force. Madness.
The truth of the matter(as I see it) is boring AF. This deal sucks. Mel has complicated the math by how he structured the loans/stadium purchase.
Any potential buyer looks at this as a crap deal. All parties currently at the table or hovering have the means to complete the deal. But obviously will continue to push for best terms.
We will find out soon enough who wants to give in and pay over what this Club is currently worth.
The only person who has satisfied the process thus far is CK. If anyone else wants to do better- then they need to voice that.
If Ashley wants to put a bug in the ear of Q and say he wants to put forth a better deal…he would have done that. Exclusivity does not stop him from making his intentions clear.
In short: complex business deals that involve history, sentiment, and future value are generally long drawn out and boring minutiae. There are no conspiracies, there are no magical deals.
At some point some one caves on a line item. Then the deal is made. We are very close to that point.
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Hanny reacted to May Contain Nuts in The Administration Thread
Love the hypocritical flip flopping.
Q should be listening to all bids, even the ones which don't exist, not entering into periods of exclusivity or extending them for any one bidder. That's the correct way to do things because I say so, even though I know nothing about the internal workings of the process I've decided that I know better than them and they're wrong. They're obviously wrong because it hasn't been sorted yet!
What's that? Q were listening to all bids on the table 3 months ago? OMG are they idiots? Why were they doing that? What they should have been doing instead of wasting time encouraging and weighing up various bids is just selected one and got on with it! Why? Because I say so, even though I know nothing about the internal workings of the process I've decided that I know better than them and they were wrong. They're obviously wrong because it hasn't been sorted yet!
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Hanny reacted to May Contain Nuts in The Administration Thread
Bingo Bango!
Especially the bit in bold.
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Hanny got a reaction from Nishfan in The Administration Thread
A quick leaf through the pages tells me I should not engage with this…because I’m just seeing folks making wild statements. And bring a bit emotional with the follow ups. So I will regret wading in…especially since I may not respond for a bit- sorry ?
However the thing that seems to stand out is an assumption that there are magical better offers out in the wild that are being cruelly held back from some incompetent force. Madness.
The truth of the matter(as I see it) is boring AF. This deal sucks. Mel has complicated the math by how he structured the loans/stadium purchase.
Any potential buyer looks at this as a crap deal. All parties currently at the table or hovering have the means to complete the deal. But obviously will continue to push for best terms.
We will find out soon enough who wants to give in and pay over what this Club is currently worth.
The only person who has satisfied the process thus far is CK. If anyone else wants to do better- then they need to voice that.
If Ashley wants to put a bug in the ear of Q and say he wants to put forth a better deal…he would have done that. Exclusivity does not stop him from making his intentions clear.
In short: complex business deals that involve history, sentiment, and future value are generally long drawn out and boring minutiae. There are no conspiracies, there are no magical deals.
At some point some one caves on a line item. Then the deal is made. We are very close to that point.
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Hanny got a reaction from Derby4Me in The Administration Thread
A quick leaf through the pages tells me I should not engage with this…because I’m just seeing folks making wild statements. And bring a bit emotional with the follow ups. So I will regret wading in…especially since I may not respond for a bit- sorry ?
However the thing that seems to stand out is an assumption that there are magical better offers out in the wild that are being cruelly held back from some incompetent force. Madness.
The truth of the matter(as I see it) is boring AF. This deal sucks. Mel has complicated the math by how he structured the loans/stadium purchase.
Any potential buyer looks at this as a crap deal. All parties currently at the table or hovering have the means to complete the deal. But obviously will continue to push for best terms.
We will find out soon enough who wants to give in and pay over what this Club is currently worth.
The only person who has satisfied the process thus far is CK. If anyone else wants to do better- then they need to voice that.
If Ashley wants to put a bug in the ear of Q and say he wants to put forth a better deal…he would have done that. Exclusivity does not stop him from making his intentions clear.
In short: complex business deals that involve history, sentiment, and future value are generally long drawn out and boring minutiae. There are no conspiracies, there are no magical deals.
At some point some one caves on a line item. Then the deal is made. We are very close to that point.
-
Hanny got a reaction from Ewe Ram in The Administration Thread
A quick leaf through the pages tells me I should not engage with this…because I’m just seeing folks making wild statements. And bring a bit emotional with the follow ups. So I will regret wading in…especially since I may not respond for a bit- sorry ?
However the thing that seems to stand out is an assumption that there are magical better offers out in the wild that are being cruelly held back from some incompetent force. Madness.
The truth of the matter(as I see it) is boring AF. This deal sucks. Mel has complicated the math by how he structured the loans/stadium purchase.
Any potential buyer looks at this as a crap deal. All parties currently at the table or hovering have the means to complete the deal. But obviously will continue to push for best terms.
We will find out soon enough who wants to give in and pay over what this Club is currently worth.
The only person who has satisfied the process thus far is CK. If anyone else wants to do better- then they need to voice that.
If Ashley wants to put a bug in the ear of Q and say he wants to put forth a better deal…he would have done that. Exclusivity does not stop him from making his intentions clear.
In short: complex business deals that involve history, sentiment, and future value are generally long drawn out and boring minutiae. There are no conspiracies, there are no magical deals.
At some point some one caves on a line item. Then the deal is made. We are very close to that point.
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Hanny got a reaction from LazloW in The Administration Thread
A quick leaf through the pages tells me I should not engage with this…because I’m just seeing folks making wild statements. And bring a bit emotional with the follow ups. So I will regret wading in…especially since I may not respond for a bit- sorry ?
However the thing that seems to stand out is an assumption that there are magical better offers out in the wild that are being cruelly held back from some incompetent force. Madness.
The truth of the matter(as I see it) is boring AF. This deal sucks. Mel has complicated the math by how he structured the loans/stadium purchase.
Any potential buyer looks at this as a crap deal. All parties currently at the table or hovering have the means to complete the deal. But obviously will continue to push for best terms.
We will find out soon enough who wants to give in and pay over what this Club is currently worth.
The only person who has satisfied the process thus far is CK. If anyone else wants to do better- then they need to voice that.
If Ashley wants to put a bug in the ear of Q and say he wants to put forth a better deal…he would have done that. Exclusivity does not stop him from making his intentions clear.
In short: complex business deals that involve history, sentiment, and future value are generally long drawn out and boring minutiae. There are no conspiracies, there are no magical deals.
At some point some one caves on a line item. Then the deal is made. We are very close to that point.
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Hanny got a reaction from jono in The Administration Thread
A quick leaf through the pages tells me I should not engage with this…because I’m just seeing folks making wild statements. And bring a bit emotional with the follow ups. So I will regret wading in…especially since I may not respond for a bit- sorry ?
However the thing that seems to stand out is an assumption that there are magical better offers out in the wild that are being cruelly held back from some incompetent force. Madness.
The truth of the matter(as I see it) is boring AF. This deal sucks. Mel has complicated the math by how he structured the loans/stadium purchase.
Any potential buyer looks at this as a crap deal. All parties currently at the table or hovering have the means to complete the deal. But obviously will continue to push for best terms.
We will find out soon enough who wants to give in and pay over what this Club is currently worth.
The only person who has satisfied the process thus far is CK. If anyone else wants to do better- then they need to voice that.
If Ashley wants to put a bug in the ear of Q and say he wants to put forth a better deal…he would have done that. Exclusivity does not stop him from making his intentions clear.
In short: complex business deals that involve history, sentiment, and future value are generally long drawn out and boring minutiae. There are no conspiracies, there are no magical deals.
At some point some one caves on a line item. Then the deal is made. We are very close to that point.
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Hanny got a reaction from FlyBritishMidland in The Administration Thread
A quick leaf through the pages tells me I should not engage with this…because I’m just seeing folks making wild statements. And bring a bit emotional with the follow ups. So I will regret wading in…especially since I may not respond for a bit- sorry ?
However the thing that seems to stand out is an assumption that there are magical better offers out in the wild that are being cruelly held back from some incompetent force. Madness.
The truth of the matter(as I see it) is boring AF. This deal sucks. Mel has complicated the math by how he structured the loans/stadium purchase.
Any potential buyer looks at this as a crap deal. All parties currently at the table or hovering have the means to complete the deal. But obviously will continue to push for best terms.
We will find out soon enough who wants to give in and pay over what this Club is currently worth.
The only person who has satisfied the process thus far is CK. If anyone else wants to do better- then they need to voice that.
If Ashley wants to put a bug in the ear of Q and say he wants to put forth a better deal…he would have done that. Exclusivity does not stop him from making his intentions clear.
In short: complex business deals that involve history, sentiment, and future value are generally long drawn out and boring minutiae. There are no conspiracies, there are no magical deals.
At some point some one caves on a line item. Then the deal is made. We are very close to that point.
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Hanny reacted to LazloW in The Administration Thread
Once this has all been sorted out (and it will be sorted out), then what will continuing to sing about him achieve? I don't think it will 'tarnish his name' , not least because his name is pretty tarnished already amongst people who will care. Outside the football world, nobody will either know about or care about a few chants. It will be best to move on, forget this sorry little period and look to a hopefully brighter future.
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Hanny reacted to Mostyn6 in The Administration Thread
it shouldn't matter if CK has wealth or not. We should be aiming to be a club that could be owned and stewarded by fans/community, which would require the club to be self-sustaining. For all MM's faults, his vision for the academy, and how it would fund the club going forward, if executed properly, could and would've worked.
I said under GSE, and to Mel Morris' face at breakfast-gate, I don't want owners pumping millions into the club, I want sensible management and excellent coaching to be the driving force to success. Throwing money at it only papers over ever-growing cracks.
If CK comes in, doesn't spend a dime, but doesn't put the club in further debt and maintains or improves our standing in footballing terms, that's fine by me.
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Hanny reacted to Mostyn6 in The Administration Thread
I don’t give any credibility to the opinion of someone who spells credibility “credability”!
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Hanny reacted to nottingram in The Administration Thread
Don’t, “worry” ,too, much “about” someone who “uses” ,punctuation, “in this” way,.
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Hanny reacted to Day in Blackburn Away Match Thread
No idea, we're proper Derby fans watching RamsTV and @Owen87ITK
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Hanny got a reaction from Mucker1884 in The Administration Thread
I didn't mean to imply the Creditors have simply said, 'whatever amount you give us is fine', I hope my comments haven't come across that way.
I understand there will be negotiating/haggling going on between the creditors and admins. My point is the creditors are in a very weak position to negotiate.
This isn't like a person trying to sell their well kept home for (400,000) pounds, with all bills paid up and they get to wait on the highest/best bidder or they simply won't sell.
This is the bank standing by that same home saying someone needs to buy this home for much more then it is worth (2,000,000 pounds)- also this home has massive damage, infestations, and the new buyer must pay all back bills or we are going to scrape it from its plot of land
A labored metaphor and not quite accurate...apologies. But, my point stands. Creditors are in a weak position to negotiate anything in this case. They can ask for what they would like, but ultimately have to accept whatever is paid them.
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Hanny reacted to Day in The Administration Thread
Saying that, @Leanne just suggested this. We'll go with that for now.
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Hanny got a reaction from Carnero in The Administration Thread
You are 100% correct. The creditors don't care about the club...they care about money. That's why I don't understand the thinking that a money motivated entity will refuse money based on some principle that it's not enough.
This isn't a situation of being insulted, and drawing a line in the sand. The creditors want to get paid. The only way they get paid, is if Derby find a new owner. They get nothing if Derby get liquidated.
It would be bad business by the creditors if they were to feel insulted, and draw an imaginary line in the sand while dealing with a club on the brink of liquidation.
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Hanny got a reaction from Tamworthram in The Administration Thread
You are 100% correct. The creditors don't care about the club...they care about money. That's why I don't understand the thinking that a money motivated entity will refuse money based on some principle that it's not enough.
This isn't a situation of being insulted, and drawing a line in the sand. The creditors want to get paid. The only way they get paid, is if Derby find a new owner. They get nothing if Derby get liquidated.
It would be bad business by the creditors if they were to feel insulted, and draw an imaginary line in the sand while dealing with a club on the brink of liquidation.
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Hanny got a reaction from RAM1966 in The Administration Thread
Not sure I understand this thinking.
You seem to be implying a financial entity is demanding a 'floor' price from a club in administration of monies owed. And will scoff at anything less than this...drawing a line in the sand of what is acceptable to them.
But then you imply they will also be fine with getting nothing (on pure principle) of a bidder not reaching the initial 'floor' price set out?
That doesn't make much financial sense for the creditors. ?♂️
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Hanny got a reaction from Tamworthram in The Administration Thread
So you are saying HMRC will not accept 20% on principle. But they will accept 0% if the team gets liquidated? I’ve seen others say similar…I don’t get that thinking.
Mels got the stadium. If Derby get liquidated…there’s nothing to sell to make close to the 20% you say they would refuse. ?♂️
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Hanny got a reaction from Carnero in The Administration Thread
So you are saying HMRC will not accept 20% on principle. But they will accept 0% if the team gets liquidated? I’ve seen others say similar…I don’t get that thinking.
Mels got the stadium. If Derby get liquidated…there’s nothing to sell to make close to the 20% you say they would refuse. ?♂️
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Hanny reacted to Gaspode in The Administration Thread
Not really - it tells us that there's enough money to get us to the end of the season - some reports earlier in the week suggested we might just scrape through to the end of March so that's a form of progress......
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Hanny reacted to hintonsboots in The Administration Thread
Keep the faith mate, by the laws of probability there has to be some good news at some point ?
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Hanny got a reaction from Hector was the best in Matchday Thread v CARDIFF CITY (AWAY)
Derby just don't seem to have a player wanting to take a shot. Awful lot of tippy-tappy around the box. Would like to see some of the lads just put a boot through a few and see what happens.?♂️
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Hanny got a reaction from angieram in Matchday Thread v CARDIFF CITY (AWAY)
Derby just don't seem to have a player wanting to take a shot. Awful lot of tippy-tappy around the box. Would like to see some of the lads just put a boot through a few and see what happens.?♂️