Reputation from Turk Thrust - Page 31

Turk Thrust reacted to CocuBarmyArmy in The Administration Thread June 11, 2022

Agree with a lot of this but I must admit I have gone from wanting CK to take the club to being very skeptical.
Its nothing he’s done per say, more the worrying revelations about his companies cash flow. The fact he’s behind on sponsorship payments, and the fact he hasn’t payed his staff in two weeks (allegedly) is really frightening imo. I know he’s said it’s a banking error but still, paying your staff a day a late is a banking error, paying your staff two weeks late sounds like a cash flow issue.

Turk Thrust got a reaction from Wsm-ram in The Administration Thread June 12, 2022

Oh come on. Absolutely pathetic

Turk Thrust got a reaction from jono in The Administration Thread June 11, 2022

Try Googling. It’s all there

Turk Thrust reacted to May Contain Nuts in The Administration Thread June 11, 2022

The 'work' they've done is to keep the club running on a day to day basis despite the business being left in such a state that.. well a state that it needed administrators called in!
Don't underestimate that job in itself. There's a reason Administrators fees are as high as they are, and there's a reason Administrators don't tend to be at the top of everyone's Christmas Card lists. It's not a job you do to make friends.
If another interested party comes forward now they benefit from the 'work' that's been done. They know the amount of money they need, there's an agreed (provisional) structure for how and when that money will go to creditors, there's an EFL approved business plan that can be used as a template, any new candidate knows what the budgets are going to look like, what's acceptable to the EFL.
With a bit of tweaking everything is already in place for someone to stump up the money CK was supposed to pay and the club is theirs.

Up until recently there's been no veritable evidence that CK had no chance of getting the deal over the line. He's surrounded by entirely reputable people who have backed him up every step of the way.
Proof of funds is proof of funds. I doubt the checks made on this by the admins are any different to the checks any other admin would make.
It's simply a fact that he has or had the money somewhere. That it appears to have gone missing now is a separate matter and I'd agree with people saying that there should have been some sort of 'test run' perfomed much earlier to prove that the money would arrive. It still remains though that there was no legal, no formal reason for anyone involved in the process to think he couldn't pay up - cynicism from supporters doesn't cut it, feelings don't come into it - there needs to be firm evidence presented as a reason not to proceed.
The crux of the second half if your post is "if you believe MA's representatives".
That'll be a firm no. There's no point discussing MA further at this point except to say if you believe the PR that's coming from the biggest game player of the lot, we'll that's your prerogative.
If the administrators are in it purely to line their pockets and drag everything out intentionally, why did they even bother go to the EFL with a bidder and the cross claim cram down thing to get a PB in place for January?
I suppose you could accuse them if doing that for show, to make it look like they wanted this all over months ago... but then you're not just calling them incompetent you're literally accusing them of illegal activity.
If that's the case it will all come out in the wash, but they've been convicted already by Derby fans.
If their fees are 'crazy' surely someone can prove that they aren't simply in line with what anyone anyone else would charge for the job? Mike Ashley refusing to pay someone their due doesn't make it any less due.
None of this is to say they haven't made some big mistakes, but some of the stuff that comes out of people's mouths about the administrators while they simultaneously wax verbal about other parties (with their own agenda) and swallow every PR fluff piece designed to make them look like some sort of victim in all of this is... I don't even have the words tbh.

Turk Thrust reacted to CBRammette in The Administration Thread June 10, 2022

Sadly probably men in chinos with an open neck shirt - I miss smart suits ?

Turk Thrust got a reaction from GenBr in The Administration Thread June 9, 2022