atherstoneram

1 minute ago, B4ev6is said:

Well dont they have duty of care for derby county and fans that support it and also duty of care to the players rooney and all who work with in pp.

I just want them to hurry them up to sell the club so we can start a fresh.

Even though it is dragging on that doesn't mean they are breaking any rules unfortunately. We will get there in the end,it is just a case of watching and waiting and getting behind the team.

15 minutes ago, B4ev6is said:

I hope they do

Because If they do 

They will soon learn not start messing with our club as we are considering action against them and that's last thing they need or want to stop this from happening they need get on with and quickly.

I don't see what legal action can be considered against them in all honesty B4

8 minutes ago, Rev said:

What money, he's a free agent come the season's end? 

A pitiful amount of compensation, if anything, will be received.

Then my mistake,i thought he was one of the players still under contract at the end of the season

51 minutes ago, 1of4 said:

And if the assets of the business that is in administration doesn't cover this minimum requirement when liquidated, then what? I'm assuming they have to accept a share of the amount available to all the creditors

So any potential buyer would only need to offer slightly more than the current assets of the business, to give any creditor a larger payment then it would receive if the business was liquidated.

It is not the current assets of the business which is the issue it is the amount of debt to be serviced. 

1 hour ago, PistoldPete said:

Well like a lot of people I am getting hacked off with Quantuma now but in fairness their statement seems to be in response to a spectacularly unhelpful letter from BAWT, which quoted from pond life like Maguire and Nixon. As such I think the appropriate response to BAWT would indeed be to eff off.  They haven't even addressed the loss of Ebosele though which is the  biggest dropped baalock made by  Quantuma so far.  

Not necessarily they have sold Ebosele so the club get the money,if we are liquidated the players registrations pass to the EFL so any money then raised by selling him goes into EFL coffers. Make of that what you want.

1 hour ago, Ram1988 said:

No accepted bids = liquidation

That's the way it works.

18 minutes ago, Ram1988 said:

Surley it doesn't take this long to weigh up the offers? we have to accept one even if it does result in a minus 15 next season

Administrators don't have to accept any bids if they are not viable going forward.

42 minutes ago, 1of4 said:

If we keep losing players like we are, come the end of the season will there be any assets left to sell off, when it comes time to liquidated the club?

As for any potential buyer, other than the club's name, will there be anything left worth buying?  The value of the club must be dropping by the day. Definitely feeling more and more like a buyers market

No idea what sort of payments the creditors are wanting. But if I was one of the creditors I'd be telling the administrators to sell the club for whatever they can get. Because the way things are going the creditors will be lucky if they get 5 pence in the pound, if that.

Doesn't quite work like that,there is a minimum requirement they have to be offered apart from unsecured creditors.

2 hours ago, IslandExile said:

It's been said by several, in defence of the Administrators, that they cannot force the interested parties to increase their bids.

Fair enough. Perfectly true.

But they have declined bids from Kirchner and the Binnies that, to me, didn't seem that far away from the reported asking price. So, even if it had meant the extra 15 point deduction for not being able to pay the debts in full, at least we would have new owners and a future.

They won't have declined the bids without cause, there will be reasons why their bids were rejected, just because they weren't that far away from the reported asking price doesn't mean they were acceptable,reasons which we never know,at this time anyway.

2 hours ago, Carl Sagan said:

In the previous 1073 pages this may have been covered, but why don't the administrators simply give a final deadline for bidders (a sort of sealed bids scenario) and then take the highest, name them as the preferred bidder and proceed with the sale?

Because administration doesn't work like that,it is not a case of highest bidder takes all.

1 hour ago, DarkFruitsRam7 said:

The distant possibility of a phoenix club won’t matter to some people. It will, at best, cause serious mental health issues to a lot of people if Derby County Football Club were to go under.

It already is causing issues and we haven’t even been liquidated. You and I will be fine, but we don’t represent the hugely diverse array of DCFC fans.

That's understandable and it is a shame,it's quite possible  a phoenix club (if that were to happen) may progress quicker up the league than the situation we are in now and for the next few years instead of constantly looking over our shoulder wondering if we are to get more point deductions for any minor indiscretion while we are being monitored by the EFL.

5 minutes ago, PistoldPete said:

Don’t you think that’s a bit ermmm… ironic given it’s the Efl who are stopping us from competing?

As i said, i wasn't sure,just thought i had seen it somewhere so i could well be wrong.

Just now, PistoldPete said:

When the Efl allow us to renew contracts, then we can inform them that we have. 

Thought the club had to confirm with the EFL we can compete next season before the fixture list is produced.

When is the final date that we have to inform the EFL we have a squad and can compete next season, i am sure there is a date but i may be wrong.

51 minutes ago, ilkleyram said:

If, and it’s still a big if that no one will want to buy us (and we still might stay up anyway), why do you think that clubs won’t want us in the league - 1 or 2?

We bring with us good support, and therefore income; the prospect of playing at a well known/big stadium; media and Sky attention - fame and fortune and everything that goes with it.  In short we will be a prize, especially in the lower leagues.  There is no such thing as ‘the football family’ with altruistic views. Chairmen think with their wallets and we will, certainly for the first couple of seasons at least, be box office.  And that’s before the health and safety police start to wonder about the wisdom of our supporters descending upon non league grounds and towns.

But before all that becomes an issue just keep clinging on to the positive thoughts. Keep positive.

We can forget about the attention from Sky even in league 1 or 2, we will just become another club along the likes of Sheff.Wed/Sunderland and Ipswich etc. And as for the big pay day, one match a season at home against us isn't likely to sway their thoughts and if we descend into non league they will just make the matches all ticket when they played us. Not being negative but the issues/problems are not insurmountable.

We can only keep hoping we don't find ourselves in that position.

2 hours ago, duncanjwitham said:

I'm not sure you can really connect the previous points deductions with any future deductions (for the 25% creditor thing anyway).  The clarity regarding future deductions was specifically to avoid failing future FFP periods with the restated amortization applied etc.   The 15 point penalty for not paying creditors is a completely separate thing, and basically an automatic process.  I'm not even sure there was any way that Quantuma could have negotiated it away.  And whether it it happens is largely out of their hands - either a bidder is prepared to pay the 25% or they aren't, Quantuma can't force them to.

Obviously with hindsight, it might have been wise to fight the previous penalties a bit harder, knowing that we ended up getting delayed by the 'Boro thing and whatever else. But at the time, you can certainly understand why getting it sorted and pushing for a quick sale seemed the right strategy.

At that time when it was suggested we fight the Nine point deduction certain things hadn't come to light (Boro) so many on here would have questioned why as it was delaying the selling process

54 minutes ago, Curtains said:

Other people are talking to him saying it isn’t fair what Derby are doing.

Just trying to point out the misconceptions other clubs fans perceive us to be .

To be honest I don’t want to be doom and gloom but can’t even see other clubs allowing us to go into League 2 even when the clubs vote. .

The only thing I cling on to is a serious buyer which seems more and more remote by the day.

Hope I’m wrong 

Glad i don't have Twitter,the only thing i have is Faceache and that's only because of various groups i am involved in otherwise i wouldn't bother with that. 

2 hours ago, PistoldPete said:

Maybe. Not sure 15 point deduction is automatic. Hope we don’t qualify for it anyway but we will see.

Thought it was mandatory if any new owner fails to pay a certain percentage to creditors and i think puts the club under harsher conditions from the EFL regarding wages/recruitment etc.

1 hour ago, Tamworthram said:

Fair enough, your choice. I’m not getting uptight or anxious about it either. Neither am I all doom and gloom assuming the club will go into liquidation but, it’s a harmless debate to consider what MIGHT happen.

+1

2 hours ago, GeneralRam said:

Nixon been going on about how it’s possible.

if Derby disappear though I’ll be done with football other than England in tournaments.

Nixon, the great footballing prophet,he has no idea whether we would be allowed to join in League 2 or not.

3 hours ago, GeneralRam said:

At least when we get liquidated we’re allowed back into league 2. Especially if we’d start in league 1 with -15.

People need to realise here’s duck all to buy, especially when you can get another championship club for not much more.

Mel Morris, the man that stripped Derby of its assets (stadium) and  is about to get it liquidated. He should be chucked in prison for being able to do this. 

It was stated that we could possibly rejoin in League 2,it wasn't a guarantee.

3 hours ago, duncanjwitham said:

They're on a daily-rate type of agreement.  They get paid out of the proceeds of the sale/liquidation - they're ranked behind MSD (and anybody else with a fixed charge), but ahead of HMRC and everyone else.  So it's in their interests to sell (or liquidate) for as much as possible, to make sure they get paid.  There's no incentive for them to drag things out then liquidate the club as there probably won't even be enough assets left to sell to cover their fees.  The best outcome for Quantuma is a successful sale that gets done reasonably quickly (both from a personal reputation perspective, and a "making sure we get paid" one).  Trashing their reputation by dragging things out and then failing to sell, will not help them get the next job, even if they make a few extra bucks from this one. 

If the creditors feel that Quantuma are taking excessive fees, there are processes in place for them to challenge the fees in court etc. 

They will also act in accordance of the rules for trying to get the club out of administration. They won't just sell so they ensure there is enough for them to get paid,their governing body runs a very tight ship regarding legislation and failure to adhere to those rules can result in them being barred as administrators. If they fail to sell it will not be for want of trying,it will mean nobody is willing to buy the club at a satisfactory price. 

4 hours ago, NottmRAM said:

Not to a football club. It's more than a business. It's important to the local community and to the local economy.  It won't be allowed to go under because creditors say "no".

No,it's just a business ,that's the way the administrators have to run it.

5 minutes ago, CornwallRam said:

I do think this is crucial. I think dropping in to League 2 with a committed new owner and 18k gates could actually be preferable to a League 1 relegation struggle with fans drifting away.

The danger is, imo, missing a season. Then it would so much harder to get into League 2 as the gap would have been filled. For many fans the habit would be broken and they wouldn't come back. Also, the new club would feel less like Derby County with a year long break.

I have to agree with you, people are now taking it as guaranteed that as a phoenix club we will start in League 2, that was just a suggestion,it could be further down the pyramid. The creation of a phoenix club doesn't just happen overnight or even in the space of a few weeks.

3 hours ago, 86 Hair Islands said:

I think all we can do is ensure we back Wazza and the lads to the hilt, no matter what. And I'm not saying that like it's easy or a given as even arch happy-clappers like me seem to be feeling a little world-weary right now.

It's a shame that all those who were lining up to publicly support us seem to have taken their profile raises and forgotten about us completely, but then that's politicians for you. Only out for themselves, by and large. That just leaves us lot and I think the best way we can influence proceedings is to constantly remind potential buyers that we're the most loyal fans in the League and that there's plenty of us. That's gotta be worth something, right?

COYR

 

Before i go any further i stress i am not being negative.

I understand your thinking on the fan base which has to be worth something but you have to question does it?

We have been for sale for the last Two and a half years and in that time Burnley who have a fan base lower than ours was bought by American investment company ALK for £170M in December 2020. It seems the lure of the Premiership comes before a dedicated fan base.