atherstoneram

13 minutes ago, derby8 said:

think someone said he was at Trent Bridge test over the w/e.

He was celebrating Kirchner buying the club.

6 minutes ago, Rampant said:

Is Morris ever seen in public?

1 minute ago, Animal is a Ram said:

I hear his next move will be to shake it all about.

Hopefully in the privacy of his own home.

Just now, kevinhectoring said:

Well you were aware of the complexities, so was I. They wrote a report recommending administration, so it’s fair to assume they had better information than we did. So they were probably aware of more complexities than us   

Yes but not what different MM companies were involved,trying to unravel a spiders web.MM knew about Boro before administration yet Quantuma seemed surprised by it,did he tell them,i wonder.

We don't honestly know if other appointed administrators would have been any better.

Just now, kevinhectoring said:

We the club. (The club appointed them.)

Sorry I agree of course that the fans have no basis for suing them despite the pain and suffering they have caused  

They probably weren't aware of the complexities until after taking over,they may have been duped by the previous owner as everyone else has.

4 minutes ago, kevinhectoring said:

I think we do but we’ve probably appointed them on terms that prevent us from suing them. THEY HAVE NO IDEA HOW TO MANAGE AN M&A PROCESS AND WE SHOULD BE GRATEFUL THE EFL ARE STEPPING IN.  NO ONE ELSE CAN

Who is we? If you mean we as supporters of the club we didn't appoint them and not being creditors couldn't have done anyway.

Just now, CBX1985 said:

With respect. 

Business people buy brands. History and affection is what makes a brand. Why put 1884 on everything if it didn't matter?   I wasn't alive when Clough won the league for this team; when we were in European Cup.  

We support the same team.  I live 80 miles from Derby, and have an array of choice in who I support.  It would be far more convenient for me to support a much more successful team that is much more convenient to me.  I don't.

We are sticky supporters of a never to be remade brand.  That is value.

 

I agree it matters to supporters and it is a value to you,that is your personal POV but i will say again it doesn't matter as a business,i didn't see anyone queueing up to buy the club when we entered administration because of our history.All we would be remembered as is a founding member of the football league. 

3 minutes ago, CBX1985 said:

That doesn't affect the fact they are valuable.  Kelloggs is not valuable for making cereal; it is valuable because it is Kelloggs cereal. 

DCFC have a large fan base.  Founders of FL.  History.  etc.

You can't manufacture that anymore. That is the value.  

You cannot survive by hoping the past keeps you going.It is the here and now what matters to business people not the history that was.

9 minutes ago, CBX1985 said:

Not quite. The club has good intangible assets.  It has very poor tangible assets.  

Out intangible assets die on liquidation, which is pretty unique in business - it is the reason you would otherwise FORCE liquidation.  The football league have in a way helped us out by saying we wouldn't get Lg2 if liquidated.

You can't say whether the club has good intangible assets or otherwise,they are only worth what someone deems them to be.

1 minute ago, inter politics said:

I'm just angry and frustrated mate

I get that,we all are but there is nothing we can do, marches don't really do anything,it won't make bidders change their mind and up the offer or make the administrators accept a bid which isn't viable.

6 minutes ago, inter politics said:

If we get -15 and lose players and staff unnecessarily, we should sue the EFL and Quantuma. They had multiple opportunities to get this deal done by now and they continue to drag this great club through the mud.

On what grounds, we do not have any remit to sue them

8 minutes ago, Tamworthram said:

Maybe for the same reason he hung around last season with a 21 point deduction, transfer embargo, wage restrictions and a club in administration. I’m not sure what the reason is but he does have form for not being a quitter.

Possibly the circumstances have changed now thar CK is no longer on the scene.

26 minutes ago, eccles the ram said:

If we do survive (please God) I can live with a minus 15 points deduction.  Rooney HAS to stay, so whoever is our owner they need to tie him down for at least two more years. With his contacts we have a better chance of fielding a team which could compete in Division 1 . You never know we could reach the playoffs!!! No I haven't been at the falling down water - ok - sorry that's a 'Kirschism '- I have had one or two! 

Why would Rooney want to hang around starting a new season with a points deduction and a restrictive business policy in place.

Why did Kirchner choose DCFC to buy?.

I still think it has something to do with Rooney and his agent, Rooney may have known him from his time in the US and Rooneys agent convincing him to buy the club and make a name for himself in the UK (in a positive way) with Rooney among others being silent backers. I can't see any other way the club would have come to his attention.

CK just the name above the door and Rooney doing a "Salford" with Derby,hence the offer so we don't start on a points deduction and a level playing field.

5 minutes ago, Half Fan Half Biscuit said:

WR to resign in the morning?

Wouldn't be surprised. He was probably expecting everything to be sorted when he got back off his holidays,fired up ready to go.

Don't think TL will get his £50 back that he lent him to get a round in at Revolution.

Just now, Ghost of Clough said:

The business plan will allow us to offer almost double the wages we were able to offer last season AND we'll be allowed to pay fees for players.

Sorry,but how do you know that? just asking,not being confrontational. If a bidder can't offer enough to avoid a 15 point deduction there is no way the EFL will allow us to offer higher wages than last year. It is all in the rules.

1 hour ago, Animal is a Ram said:

https://www.patreon.com/posts/derby-under-from-67711300 - per @RoyMac5's post

Key points:

Clubs want Derby out if buyer not found - hence the EFL saying they're getting involved
Trevor Birch was due to meet, but called it off after it was leaked
Derby won't be offered a place in L2 if it fails
CK said money will be there TODAY (Monday) "one way or another" - he's back in US to finalise his plan B while the initial money clears AML

Oh dear Ashleys mate not going now his "visit" was leaked.

1 hour ago, Ghost of Clough said:

Not such a bad thing IMO. The business plan won't be anything too strict.

It's the same thing. Split between the original loan (£20.5m and the additional loan in November of £3.5m). £20.5m to MSD to buy the stadium. £3.5m directly to MSD to clear the loan.

I would be interested to see how you have come to the conclusion the business plan won't be anything too strict.

We will have been under a fairly robust business plan if CK gets the club.

If MA or any other bidder doesn't offer the minimum to avoid a points deduction then the business plan gets tighter, very clear in the EFL rules.

If you are thinking along the lines of how much we can spend in relation to L1 clubs the business plan supersedes that. 

3 minutes ago, RoyMac5 said:

Is the deal currently fixed or can the creditors change their mind now?

Everybody seems to think the creditors will roll over to make sure the club survives, possibly not many creditors with an allegiance to the club.

1 hour ago, jono said:

If CK’s money doesn’t arrive though - then that opinion doesn’t give them much leverage. “We want 35% because someone else offered it but didn’t deliver” I am sure you do, but my bid is lower, time is short .. then what ? 

I’m not sure “price match” deals are on offer in business failures. A pointer for sure but not written in stone. 

No i don't think price match deals are on offer,however the creditors have the advantage of saying if you want the club to survive you need to up your offer

1 hour ago, Tamworthram said:

They may have to budge, or accept nothing through liquidation, if CK’s bid fails (there must have been some timescale written into the exchange of contracts) and no other offer matches it.

But if it's only pennies on offer why would they budge,the creditors have been well and truly shafted why should they care what happens to the club. People keep going on about they would receive nothing,they may receive nothing on a low bid. 

2 hours ago, CBX1985 said:

I keep making the point that they will. They always do in every industry, in every pace, everywhere.

Let me put it another way.  You put a million to one bet on.  The bookie goes bust., and can't pay you a sausage  I offer you £10,000 for your betting slip that will never pay up. Do you take it? 

If we are liquidated then the players contracts revert to the EFL. When they are sold the money raised goes to paying football creditors and the administrators and if any left to other creditors. There is money there if the club folds.

3 hours ago, jono said:

But the floor price isn’t set UNTIL those funds clear. .. right now there isn’t a floor price. “Ostensibly” doesn’t cut it. You maybe right intheory, but but theory only becomes established fact when CK’s cash is available .. right now, it isn’t.  That’s it. 

That's true,however the creditors have been offered 35% over 3 years from Kirchner,they may take the opinion they are not prepared to budge on that,if one bidder can offer that then so can somebody else.

1 hour ago, Tyler Durden said:

No they are serving their members interests as there might be now the very real possibility that we start the season in League 1 without finishing it and don't want to deal with the potential complaints from their members when the results of our fixtures are annuled.

I'm still waiting for you to tell me what special rules apply to football clubs regarding administration and insolvency law.