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Posts posted by Turk Thrust
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20 minutes ago, kevinhectoring said:
isnt it an English term derived from the words ‘association football’ ?
It follows the 19th century Oxbridge slang of shortening words like “brekkers” for “breakfast” so that Rugby Football became “rugger” and Association Football became at first “assocer” and then “soccer” . I’m old enough to remember in the 50s when soccer was used almost as much as football and quite a few footy magazines were called “Soccer Star” and “Soccer Review”. The USA used soccer to differentiate it from American football
- kevinhectoring, Smalley Ram, ck- and 4 others
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5 minutes ago, ramit said:
For me, yes that is what i am saying. Pronounce as it is by their locals.
so
Would you say Cube-a Libre? Of course not.
Pronounce place names as the locals do? In that case Paris would be Paree, and Munich would be Munchen and Moscow would be Moskva etc and don’t get me started on Chinese place names.
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1 hour ago, kevinhectoring said:
We have a pretty good idea what has happened. Because early on when they were very chatty Q told us in some detail what was going on. And since things came flying off the rails they have been keen in their rare pronouncements to insinuate where they believed blame lay elsewhere. Yes we can imagine the daily grind behind the scenes but the headline issues are right out there
Pure speculation on your part. The facts aren’t known, the reasons for decisions made are not known. It’s just that certain posters have decided that what they believe has happened, has really occurred.
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On 21/03/2022 at 17:41, ramit said:
Not Yukraine, Ukraine. Not Cube-a, Cuba
Don’t quite understand. Are you saying it should be Ookraine rather than Yukraine? In which language? And don’t get the Cuba thing at all
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2 hours ago, kevinhectoring said:
Bamboozled us they have. They have given CK exclusivity and given away their right to speak to other bidders because they put themselves under pressure to name a ‘preferred bidder’. Eggs in one basket, element of competition discarded. And they seem to have got nothing in return. They have given him an option on the club !!
WHAT HAVE THEY BEEN DOING FOR 7 MONTHS ?
You don’t know. I don’t know. None of us know what has happened in the last few months. We don’t know the issues that have surfaced, the challenges that have had to be dealt with, the countless underlying problems, the complexities, the meetings, the negotiations that have taken place.
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35 minutes ago, nogbad van 50 said:
There you go Col
“Implications for creditors
Under the new rules, unsecured creditors must receive a minimum of:
25p in the pound, paid on takeover of the clubs’ assets by the purchaser, or
35p in the pound, paid within three years.
Failure to meet this requirement will result in a further 15-point penalty the following season.
Whilst unsecured creditors will welcome this measure, it may put off would-be purchasers. It is also currently unclear how this minimum repayment rule will relate to the ‘prescribed part’ – the ring fenced fund set aside for unsecured creditors of any company out of the net floating charge realisations.
Creditors will also welcome the abolition of the requirement to exit administration by Company Voluntary Arrangement (CVA). Instead, the club’s share in The Football League may now pass to the purchaser, subject to certain requirements. This certainty of continuation in the league should reduce the insolvency period and the associated costs. It should also deliver a better overall return for creditors by increasing the number of potential purchasers, rather than a CVA process largely controlled by the club’s previous owners.
The controversial ‘Football Creditors Rule’ remains unchanged, despite running contrary to normal principles of insolvency law, including the pari
passu rule that all unsecured creditors should be paid an equal percentage of their debt. The Football Creditors Rule bypasses the statutory order of priority by requiring full repayment of debts to clubs and players for transfers and wages, before any other unsecured creditors. The justification for the rule is that it ensures the continuation of business in league football. Other creditors will, however, take some comfort from the new minimum returns required for unsecured creditors.”Got it. Thanks Rich.
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On 05/04/2022 at 17:03, Kathcairns said:
Thats fine if you are bright enough to go to university,but a lot of inner city schoolkids don't get that chance.
Not correct in my experience. If they are bright enough and apply themselves and have the drive, then university is available. I’ve worked with lots of graduates who come from poor estates in inner London
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59 minutes ago, FlyBritishMidland said:
I don’t think ‘preferred bidder’ is Quantuma’s term. If so, why have clubs in administration announced a ‘preferred bidder’ why are Chelsea (although not in administration) about to choose a ‘preferred bidderk out of the four that have bid. Are they all wrong?
Yes, preferred bidder was (when I was a civil servant) the standard legal term in the civil service in the procurement process for the bidder who is selected to some predetermined criteria, as being the body who it intends to sell the business to, or award a contract, subject to the completion of financial and administrative negotiations and legal arrangements. And this is what the joint administrators have done. It isn’t binding and the preferred bidder can walk away. Just don’t understand kevinhectoring’s points about this process
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3 hours ago, kevinhectoring said:
So here Quantuma are, 7 months after their appointment, appointing a PB who isn’t contractually bound to buy the club. It’s unbelievable.
Let’s all just hope CK does the right thing by us, we are in his handsDon’t understand. Why is it unbelievable? A PB isn’t contractually bound to do anything. They can pull out anytime. And if EFL find his bid to be unacceptable then he needs to make it acceptable or walk away
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23 minutes ago, Andicis said:
Because whilst that is understandable, if he chose to pay a bit more this could probably have been settled months ago. So yes, it's sensible from a business standpoint, but as a Derby fan why would anyone be high on a potential owner that chose to let the club struggle to save a fraction of his wealth.
Exactly what I was saying.
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I just don’t get posters moaning about Ashley hanging on to get the lowest possible price. If I were buying something I’d want the lowest possible price as well. Wouldn’t we all?
- David Graham Brown and Derby4Me
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4 minutes ago, B4ev6is said:
I think you might find once a bid been accepted efl will have to approve it.
No. EFL could find the bid unacceptable for a number of reasons.
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17 minutes ago, B4ev6is said:
A bid from kircher has been accepted by admin now.
Bless…..
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I’ll feel more confident if/when Kirchner’s bid proved to be acceptable to the EFL. If it isn’t then step in MA.
- RadioactiveWaste, Derby4Me, Carl Sagan and 1 other
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11 minutes ago, Sparkle said:
Let’s be saved first and foremost shall we - you can actually build a promotion team with free and cheaper players !
A promotion team from Div 1 to Championship perhaps, but onwards?
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1 hour ago, DarkFruitsRam7 said:
Well, yeah. You’re obviously going to do more stupid stuff when you’re young than when you’re old.
A bit of a broad thing to say. And stereotypical. So you’re saying that young people do more stupid things than older people. Really?
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I’m probably the most unwoke (is that even a word?) person on here. It’s not so much the content of people’s historic tweets, it’s the fact that they thought it OK to put them into the public domain. People change but it does show an underlying weakness in their character and personal values. Having said that, I just want an owner for the Rams. I’m not too bothered about their moral code.
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8 minutes ago, DarkFruitsRam7 said:
Very different when you’ve effectively grown up with it.
Why? Is stupidity an age thing?
- nogbad van 50 and Kathcairns
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1 hour ago, Ramarena said:
It always surprises me the stuff people are willing to write on social media.
I mean it’s public, it’s there for anyone to see and unless you delete it early enough it’s there for all to see for a long, long time.
Crazy!
Quite! You’ve got to call into question a person’s mental faculties and thinking processes to put things like that into the public domain for all to see. It’s irrelevant to me whether it was 10 years ago or last year.
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22 minutes ago, DCFC Kicks said:
Or, how can I dislike children, I used to go to school with them
The Administration Thread
in Derby County Forum
Posted
I’ve just thought. I still refer to players’ hose as stockings. But then I am very very old