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Archied

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  1. Like
    Archied got a reaction from BPV in The Administration Thread   
    Mel Morris has screwed the creditors, derby county is a massive money spinning asset for the city and the county ,it employs people and generates money , for me that is where people are mixing feelings , derby county deserves and needs to survive not just for its history but also what it provides going forward ,
    I want Ashley to get the club for long term security and as desperately sad and unfair to the creditors that is it’s not derby county screwing them over it’s mel Morris whether by accident, miss management or plain stupid shat or bust gambling ,that is the bottom line
  2. Like
    Archied got a reaction from r_wilcockson in The Administration Thread   
    Mel Morris has screwed the creditors, derby county is a massive money spinning asset for the city and the county ,it employs people and generates money , for me that is where people are mixing feelings , derby county deserves and needs to survive not just for its history but also what it provides going forward ,
    I want Ashley to get the club for long term security and as desperately sad and unfair to the creditors that is it’s not derby county screwing them over it’s mel Morris whether by accident, miss management or plain stupid shat or bust gambling ,that is the bottom line
  3. Clap
    Archied reacted to Ramos in The Administration Thread   
    So - am I understanding this right…. are they saying that they are essentially stepping into facilitate the sale cause the admins aren’t getting the job done? 
  4. Like
    Archied got a reaction from Fla Ram in The Administration Thread   
    Mel Morris has screwed the creditors, derby county is a massive money spinning asset for the city and the county ,it employs people and generates money , for me that is where people are mixing feelings , derby county deserves and needs to survive not just for its history but also what it provides going forward ,
    I want Ashley to get the club for long term security and as desperately sad and unfair to the creditors that is it’s not derby county screwing them over it’s mel Morris whether by accident, miss management or plain stupid shat or bust gambling ,that is the bottom line
  5. Clap
    Archied reacted to Mckram in The Administration Thread   
    I’d say a successful owner is one that doesn’t send a club in to administration at the minute…but I do think he’s been hard done to by Newcastle fans.
    He bought them in 2007, if you look at the table in 2008 and how many of those clubs are no longer Premier League (or at least suffered a relegation in that time) you’d get Villa, Blackburn, Portsmouth, Middlesbrough, Wigan, Sunderland, Bolton, Fulham, Reading, Birmingham and Derby (I think West Ham might have even been down in that time too?).
    So 11/12 teams also have been relegated and I’d say only Villa and West Ham can say they’re better sides when he sold them.
    We could easily be talking about Newcastle falling to League 1 rather than Sunderland/Portsmouth/Bolton as they were all just as good as Newcastle around that time.
    It’s extremely difficult to compete in the Premier League unless you’re spending ridiculous money and even then it’s not guaranteed (look at Everton).
    Not saying he’s my pick as I wouldn’t be happy with -15 points, but if he was to take over then I think I’d be optimistic in where we would be in 3-5 years time. If I’m honest, Kirchner scares me a lot as it’s just all so unknown and if you read Slync’s staff reviews of Kirchner on Glassdoor it’s concerning. Appleby is a good medium for me, tried and tested but (hopefully) without -15 points.
  6. Clap
    Archied reacted to alram in The Administration Thread   
    you are right. but that is the case for all parties.
    but MA is a safe pair of hands, and if he does well out of DCFC it means the club has done well which means we all win. if he takes over i can guarentee 100% we will not be in this same situation in 24 months time. with kirchner you cannot guarentee that because of his unreliability.
    ashley is no angel but he is our best option by a country mile. there are no money concerns with him and he will get us in a strong position financially, it's exactly what we are desperate for.
  7. Clap
    Archied reacted to alram in The Administration Thread   
    mike ashley is the only long term option, we need to stop chasing results and short term goals. players and managers will come and go.
    we want the owner that will put us in the best position long term and thats ashley. 
    we own the stadium, pay less to the creditors (even if it means -15, the CLUB is saving money) and he is showing with this process that hes not going to waste a penny of the clubs money. that is what we need whether people realise it or not. 
  8. Haha
    Archied reacted to Mostyn6 in The Administration Thread   
    Good morning folks. 
     
    Quick Question:
    why is MA seen here as a previously successful football club owner? 
     
    My opinion is that he took an established PL team down with bad management appointments. Gave out novelty Contracts. Ruined Derby’s promotion push by unsettling McClaren, stunk up the PL by not buying decent players and then finally succeeded by selling them to a country. 
  9. Clap
    Archied 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.      
     
     
     
     
      
     
     
     
  10. Clap
    Archied reacted to Bris Vegas in The Administration Thread   
    I’d rather we started on -15 points, all staff and players gone, academy players only, relegation to League Two before a 7-year rise back to the PL over what you just mentioned before six years of languishing in the lower reaches of the Championship seeking fresh investment.
    I’m not saying either scenario will play out.
    But if we try and look at it long-term, maybe, just maybe Mike Ashley (who is a proven entity) will be the better option even if means short-term struggles.
    As fans we all want to have a successful season with Rooney as manager, and the likes of Jason Knight, Max Bird, Louie Sibley and co ripping it up in League One.
    But Derby’s long-term future sustainability is more important than that.
  11. Haha
    Archied reacted to TuffLuff in The Administration Thread   
    In fairness I don’t think Mike Ashley is gonna read @Mihangel’s post and go ‘actually I’ve changed my mind’. 
  12. Clap
    Archied reacted to Bris Vegas in The Administration Thread   
    What is the opposition to Mike Ashley? I don’t get it. He wouldn’t take on Derby if he couldn’t make a profit it out it. To make a profit, you need PL football or have amazing recruitment (buy cheap, sell high). Well I’d welcome either at Pride Park.
    People are worried Rooney would walk and so would the players. News flash, Rooney and the current players (the good ones anyway) aren’t going to be here in 5 years regardless who the owner is. They will go on to bigger and better, it’s only a question of time.
    Derby is bigger than Rooney and the current staff. Derby, the club and all its history, is far more important.
    So if that means Mike Ashley, a further points deduction, relegation to League Two before the reset, so be it.
     
  13. Clap
    Archied reacted to Tyler Durden in The Administration Thread   
    If Mike Ashley is reading he probably doesn't realise you are the appointed mouthpiece for all of the members on this forum.
    Speak for yourself thanks.
  14. Clap
    Archied reacted to twelveincher in The Administration Thread   
    Mike, if you’re reading this I would absolutely love to have a club to go and watch with my Dad next season. Would be over the moon if you helped make that happen
  15. Angry
    Archied reacted to Mihangel in The Administration Thread   
    Nah, Mike Ashley, if you're reading this, we don't want you....
    Obv he won't be, but I'd rather we go defunct and start again than have that CJTC own us.
  16. Clap
    Archied reacted to RoyMac5 in The Administration Thread   
    I asked where his funds were from and why would someone choose to try and circumvent the AML. If that is out of his depth fine.
    I've already said the Club is the most important thing. So I don't care if we go back to changing in Raynesway with no Rooney or Cook.
    Financially MA would make sure we were run properly. If you're confident CK would do that fine.
  17. Like
    Archied reacted to Ramos in The Administration Thread   
    Of course,  that is pure speculation and I guess my main point there is that I do not think anyone could be that naive or stupid.
     
    It doesn’t take much research to know 20M plus for a league one club isn’t great business really in the grand scheme of what you could do with 20m.
     
    It’s obviously a vanity project for CK like the dozens up on dozens of owners we have seen across the leagues coming from here there and everywhere. 
     
    I was on board with CK but the fact he hasn’t tweeted once this whole week to even just confirm the money is transferring and tied up, has completely knocked my confidence in him. A lot has been said and his name has been dragged through the mud, I find it really odd IF he still thinks he can be successful why he hasn’t come out and defended himself? Plus IF the story about him not paying his own staffs wages are true, then i fear his stewardship would end back where we started. 
     
    Through all of the noise though, I think we have to take who we get. 
     

     
     
  18. Clap
    Archied reacted to CornwallRam in The Administration Thread   
    Personally, I think he's trying to borrow the money to fund it, but the deal in principle hasn't been converted to an actual loan.
    I don't think Kirchner has the cash himself, but he does have a good history of raising finance to fund his expansion. 
    I believe that his plan is to generate a profit and repay the loans from them. I don't think he fully understands the distorted market that is EFL football. IMO, if he does complete this deal, it will end in disaster. 
  19. Clap
    Archied reacted to Comrade 86 in The Administration Thread   
    I think the mental health piece is concerning. Coming off the Covid lockdowns straight into 2 years of sanctions and administration for the club, then we have the current cost of living and inflation crises and a war in Europe. That's enough to unsettle most folk I'd wager.  While wealthy men posture and manipulate, I wonder whether they ever consider the human cost attributable to their actions. I somehow doubt it. 
  20. Clap
    Archied reacted to Rambam in The Administration Thread   
    May have been said before, but if it’s this hard to get the deal done, how confident should we be of future funding, signings etc? 
  21. Clap
    Archied reacted to LazloW in The Administration Thread   
    So, to answer my actual point, you agree that there is no substantive evidence to suggest that we will definitely be worse off under MA than CK (either in terms of an immediate point deduction- which was the main point of my query - or in the longer term).
    Rather, there is speculation based on what he may or may not have done with a previous club vs the apparent absolute certainty that a man who has never owned a club before will be a wonderful owner who will do no wrong?  I do find that odd. 
    I mean, I’m no great fan of Ashley and couldn’t care less if he became our owner or not, but if he does then I’ll judge him on how he runs us rather than what he did to a different club, in a different situation with different expectations and different infrastructure to start with. If he runs us into the ground then he will feel my wrath just as CK would and just as Mel has (and just as Maxwell did, and the Three Amigos and the League of Gentleman and the Americans (or as close as I get to wrath about football)).  I just see no point in getting into a tizzy about what might be, when what is is so catastrophic.
  22. Clap
    Archied reacted to RamBeauIV in The Administration Thread   
    Quite a few of the posts on the last few pages refer to the -15 points with MA and no points deductions with CK.
    Can anyone say with any assurance that we won't get any points deductions with CK?  Or even a Suspended -15 points deduction (being applied the first time the wages aren't paid on time, or HMRC claim we're in arrears)?
  23. Like
    Archied reacted to RoyMac5 in The Administration Thread   
    I do credit CK for getting the best deal for himself mate.
    I just want DCFC to have a new owner. I've said before if CK gets the money through it's his, and off we go again. I'd prefer Ashley as we know more about his money and where it's from. I don't care what's been said about him not having the stadium painted or even that he sacked all the youngsters. I care that he left Newcastle in the Prem. Short-sighted maybe but I'd be happy for Mike to make his money and sell us as a Prem club. ?
    But atm CK has the bat and the ball.
  24. Clap
    Archied reacted to RoyMac5 in The Administration Thread   
    The pathetic fans that will put money into the club so that he doesn't lose his investment, dunno really. ?
  25. Clap
    Archied reacted to Tyler Durden in The Administration Thread   
    I think it's pig ignorant more than anything. And shows a total lack of empathy with the fanbase.
    Given that when it suits him his predisposition for firing off random crap on Twitter it's pretty shoddy.
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