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atherstoneram

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  1. Clap
    atherstoneram got a reaction from strawhillram in The Administration Thread   
    Can't blame them , however much they may want to stay they will be getting more concerned about their futures as each day passes and the security of next season gets further and further away.
  2. Like
    atherstoneram reacted to Ram-Alf in The Administration Thread   
    And we sink deeper and deeper into the mire of debt, Players will be off quicker than Boris Johnsons back benchers
  3. Like
    atherstoneram reacted to angieram in The Administration Thread   
    But that's entirely the problem. Mel Morris won't budge from wanting the MSD loan paid off, but this clearly makes the whole deal unworkable.
    Meanwhile Quantuma are constantly adding to that debt, making the deal even more unworkable! 
    Quantuma wanted to sell us early and keep hold of our assets to make us an attractive purchase, but they failed to get that early deal over the line.
    Meanwhile we get relegated, lose a lot of our assets (players) and yet Morris still wants someone to pay the MSD debt off in full. 
    I feel our only hope now is a 'sentiment' purchase - someone or several someones who care enough about the club to buy us even though it makes no economic sense to do so.
  4. Like
    atherstoneram reacted to FlyBritishMidland in The Administration Thread   
    This is getting forgotten about.  The EFL’s response goes on about how administration works, options, what Quantuma have or haven’t done, etc and then there’s this throw away bit at the end.  No doubt when asked by the EFL, Quantuma probably pointed out that they can’t due to NDAs, etc.  They probably advised the EFL to seek express permission from the bidders legal teams.  This has been done - for all we know it could have been done 10mins before the reply to Ramstrust was sent.  Quantuma have dealt with the request correctly, despite the message the EFL are trying to send.
  5. Like
    atherstoneram reacted to CBRammette in The Administration Thread   
    Unfortunately our main debts are owed to people who want it back. MM certainly made sure of that
  6. Clap
    atherstoneram reacted to I know nuffin in The Administration Thread   
    All whitewash being poured over it just for public consumption trying to make the EFL look good. If we are bought they can claim it was them that made the difference, if we go under my they tried to help. Trying to make themselves reluctant and fend off TCs reorganization.
  7. Clap
    atherstoneram got a reaction from Woodypecker in The Administration Thread   
    Rubbish, they are only in negotiations with the administrators, they cannot force the bidders to disclose anything to a Third party.
  8. Sad
    atherstoneram got a reaction from jimtastic56 in The Administration Thread   
    If they take another loan out all it is doing is adding debt on to debt therefore the bidders will have to pay more to get the club out of administration, it seems like the debt is already too high.
  9. Clap
    atherstoneram got a reaction from Indy in The Administration Thread   
    True, the EFL now find themselves trapped in a corner and are looking for a scapegoat.
  10. Clap
    atherstoneram got a reaction from jimtastic56 in The Administration Thread   
    We were the same until MM pulled the plug. No use blaming others for the plight we are in.
  11. Clap
    atherstoneram got a reaction from jimtastic56 in The Administration Thread   
    The difference is those clubs are not in administration and at this time are a going concern.
  12. Clap
    atherstoneram got a reaction from jimtastic56 in The Administration Thread   
    True, the EFL now find themselves trapped in a corner and are looking for a scapegoat.
  13. Like
    atherstoneram got a reaction from May Contain Nuts in The Administration Thread   
    Rubbish, they are only in negotiations with the administrators, they cannot force the bidders to disclose anything to a Third party.
  14. Clap
    atherstoneram got a reaction from PistoldPete in The Administration Thread   
    True, the EFL now find themselves trapped in a corner and are looking for a scapegoat.
  15. Clap
    atherstoneram got a reaction from Crewton in The Administration Thread   
    Rubbish, they are only in negotiations with the administrators, they cannot force the bidders to disclose anything to a Third party.
  16. Like
    atherstoneram got a reaction from GB SPORTS in The Administration Thread   
    Rubbish, they are only in negotiations with the administrators, they cannot force the bidders to disclose anything to a Third party.
  17. Clap
    atherstoneram got a reaction from Turk Thrust in The Administration Thread   
    Rubbish, they are only in negotiations with the administrators, they cannot force the bidders to disclose anything to a Third party.
  18. Clap
    atherstoneram reacted to uttoxram75 in The Administration Thread   
    This.
    Rick Parry will be desperate not to be blamed if we go under. He is personally responsible for his failure to deal with Gibson's spurious claim. Cowardly and unprofessional behaviour which will never be forgiven.
  19. Like
    atherstoneram reacted to Comrade 86 in The Administration Thread   
    Just typical EFL posturing. I think they're absolutely s******* themselves now their pursuit of Derby is looking like it could prove terminal, so they are desperately trying to position Q as the villains of the peace and hoping everyone will forget their role in this whole, sorry debacle.
  20. Like
    atherstoneram reacted to Indy in The Administration Thread   
    Hi B4. The BBC Sport article says the same thing - Q have informed EFL that it would be against the law for them to tell the EFL about bidders and bids. EFL want to speak to bidders’ lawyers but haven’t been able to - although it’s not clear from this why they haven’t been able to. 
     
     

  21. Like
    atherstoneram reacted to ram59 in The Administration Thread   
    Technically speaking, the 3 points penalty for not paying the players, ends at the end of this month.
    However, a non payment after this date, would surely attract a new and probably stiffer punishment from the EFL.
  22. Haha
    atherstoneram reacted to hintonsboots in The Administration Thread   
    Derby: Nocturnal dog walk it’s a s*** business so to Pride Park EFL trying to talk in a catholic confessional box but no priest present. Money men circling Q HQ. More in paper tomorrow.
    @reluctanthicko
  23. Like
    atherstoneram reacted to PistoldPete in The Administration Thread   
    Birch's response to the supporter groups could be interpreted that not only do admin need to secure funding for next season (or until March 2023), but also to show they can exit admin on or before March 2023. Which sort of makes a mockery of saying you can start the season in admin.     
  24. Clap
    atherstoneram reacted to jono in The Administration Thread   
    NDA isn’t cobblers. It’s a legal agreement signed by parties and if they breach them then they must pay damages. Just because you, and all of us, want something doesn’t mean the law is set to one side.  
     
    What is going on at our club is, that it is a financial mess and some people are trying to sort it out. Some are doing better than others. While you and I are a fans; in the real commercial world that doesn’t make us anything more than customers. And as there isn’t a product to sell at the moment, and as you haven’t bought anything other than a match ticket, for which you “received” the product you paid for, then you have no rights whatsoever.
    Hey it hurts me too but this is the harsh reality, raging about it achieves nothing other than high blood pressure. 
  25. Clap
    atherstoneram reacted to Turk Thrust in The Administration Thread   
    You obviously have no knowledge of the legal implications of not abiding by NDAs or the GDPR
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