kevinhectoring
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Posts posted by kevinhectoring
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1 hour ago, Elwood P Dowd said:
Unfortunately not, a takeover of a company is of all its Assets and its liabilities known or unknown. Remember the purchaser is taking over an existing legal entity.
I don’t consider WW claim to have any legal merit at all
Agree with you about the WW claim
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17 minutes ago, Elwood P Dowd said:
The purchaser assumes all liabilities known or unknown, the only way to avoid any issues to settle any known litigation before the takeover.
The other method is reduce the purchase price to reflect risk of any, unsettled, outstanding litigation which should take place after the takeover.
I think it depends whether you acquire shares, or assets and liabilities
Buy shares and you get the business warts and all
Buy the business and you assume whatever liabilities you agree to assume under the business transfer agreement
DC bought the business apparently and if q did their own deal with Couhpig (they indicated they did) then the Couhpig liabilities would have been excluded in the BTA Id think
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9 minutes ago, Elwood P Dowd said:
It is my understanding that with a take over all the debts and liabilities, whether they are known at the time of the sale or not, are assumed by the new owner.
Sorry Alf
Well except that the unsecured creditor claims will presumably be paid by q/old DCFC, as will MsD and hmrc. So in this case you’d think the liabilities transferred will exclude various things. I doubt DC has assumed any liability to WW
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2 hours ago, Unlucky Alf said:
I don't want to open a closed wound if it's closed...is it over and if it is...where has this been reported or is it that as we're now under new ownership WW can not pursue a case in court ?♀️
Yeah that seems likely. The ambulance chaser’s ‘claim’ was against old DCFC and quite possible that liability was NoT transferred to DC’s company under the asset transfer agreement. Q suggested months ago the whole thing was manageable so maybe they agreed with Couhpig months ago to pay WW’s legal fees on the club leaving administration - in which case Couhpig’s law firm will doubtless have been billing WW weekly at top whack rates
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3 hours ago, WystonRam said:
This is the one that the club was https://find-and-update.company-information.service.gov.uk/company/00049139/filing-history last update was the administrators report in April. Not sure if this will still be the club going forward ?
Yes that’s it. Seems the DCdeal involved that company selling the club and its business to DC’s newco. (That transfer was what enabled Lee Buchanan to argue he was not under contract, on the basis his employer had changed so he could repudiate (bit disappointed he did that))
anyway the company you identify has owned the club and been called that since the 1880s. Hopefully they will find a way to transfer the old name to the newco once the old company is liquidated
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21 minutes ago, RoyMac5 said:
Does it matter?
Don’t like the company name.
if you do a company house search on companies whose name begins with Derby County there are a fair few. There seems to be a guy on Broadway (in Duffield?) who in March snaffled some of the more sensible names (I guess by buying shelf companies and changing the name to things like Derby County Ltd). May have been something to do with CK’s bid I guess. Wonder whether he tried to sell those to DC’s team...?
Perhaps it’s possible for the old company to change its name and for the new club company then to assume the old one ?♂️
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14 minutes ago, curb said:
It didn’t sound like that at all, it sounded like he wants to sign for another year, but when he’s finished he wants to go into media.
He said he’s not interested in coaching, but didn’t rule it out at some point in the distant future. He’s probably only saying that in case the media career doesn’t come off.
my guess is that his contract he signs with us will give him the leeway to start doing media work, similar to what RSav did in his last season.Fair enough. Didn’t hear it and sounds like I got the wrong end of the stick
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19 minutes ago, curb said:
What do mean ‘he’s playing games’?
All this talk about a media career. Don’t doubt it will happen in due course. But right now I think he wants to sign - but on the right terms - and so mention of a media career strengthens his hand in negotiations with the club
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4 minutes ago, curb said:
He said on TS yesterday that he wouldn’t rule it out, but he’s more interested in a media career.
He’s playing games. Fair enough tho’
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13 minutes ago, angieram said:
I'd settle for losing Knight and Bielik if we can keep Bird and Sibley at least one more season.
Don't think I will get the opportunity to choose, though!
As well as agents, Knight will have the entire RoI staff in his ear telling him he needs to move. In the right set up he could be useful in the PL so will be surprised to see him in L1. Would love Bielik to stay but am guessing we can fund at least 2 others on his comp. just have a feeling Bird might stay and if Bielik goes he has an important role
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2 hours ago, MackworthRamIsGod said:
I have a feeling Curtis Davies could be holding out for Rosenior to be made permanent.
Curtis being the man he is, I could imagine him saying show the manager some loyalty before I commit.
an unsurprising sign of Curtis’ loyalty, if that’s what it’s about. But LR is untried in this role and if he does not succeed the price of terminating a long contract could cause us major issues under the EFL business plan.
did wonder btw whether Curtis might want to become player/captain/assistant coach -
3 hours ago, Steve Bloomer's Washing said:
AAAAAAND IT'S LIVE!
(Sorry for the delay, I'm on holiday with awful WiFi)
Wouldn’t want to predict how Rooney will be remembered before the outcome of the FA investigation into Stretford is complete. Still wondering what CK meant when he said: ‘it’ll all come out’
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44 minutes ago, Carl Sagan said:
I posted elsewhere that Curtis confirmed he was in talks about a new deal on Friday, though he hasn't started preseason training yet as he's been ill.
"I went in on Friday to have a discussion regarding my new deal and that's where we're at. We've had a discussion, yes it is a further discussion to be had, but I'm hopeful we can get something sorted."
Interesting this stuff about Curtis and Liam. Maybe Curtis really is saying: “I want you to appoint Liam permanently.” Can imagine they got pretty close when Liam was Rooney’s ‘defensive coach’
- Carl Sagan and jono
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2 hours ago, Thameram said:
stearman ckr and forsyth to resign and then captain davies just before we all log off
‘resign’ instead of ‘re-sign’ can cause fibrillation just wanted to mention
- Carl Sagan, archram, Kathcairns and 6 others
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14 minutes ago, RoyMac5 said:
I have to say I wonder who would risk him on loan tbh?
I think the loan terms might require us to bear the risk. Which might mean we’re better off retaining total control Dunno. I do wonder whether he needs a spell at CB to keep mileage down and regain full strength
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17 minutes ago, Gerry Daly said:
I hope we will have Buchanan, Byrne, Bielik, Bird and Knight but it’s a bit optimistic to think we will have all of them don’t you think?
In two minds about Krystian - with the EFl £ constraints we’ll have firepower for a few others if he goes out on loan, which could involve further strengthening in Jan. Guess he’s still too close to injury for a decent sale to be an option ?
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2 hours ago, Anag Ram said:
Nice to see Ronaldo’s head has been turned by the revolution at Derby. Should sign tomorrow.
Ronaldo Macdonaldo ?
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22 hours ago, Ram1988 said:
I think the 40 signing remark was with renewing contracts including contracts from the youth academy. Obviously they can't be all for the first team.
think that remark may have come from Rooney’s PR team. Intended to show what a great job he was doing and possibly also to ward off any competition to CK’s bid
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On 01/07/2022 at 20:22, Black ('n' White) Sheep said:
Well now we can start speculating!
Assuming we're still interested in players that we've been linked with before (and rumours of up to 10 new signings coming through the doors coming to fruition) the squad could look a bit like this:
GK: NEW, Wildsmith, Foulkes
RB: Byrne (or NEW if he leaves), Bardell
CB: Chester, Stearman, Davies, Cashin
LB: Buchanan (or NEW if he leaves), Forsyth
CM/DM: Bird, Robinson, Hourihane, Thompson
RM: Barkhuizen, Richards
AM: Knight, Sibley
LM: Lawrence (yes, very unlikely, I know!), Mendez-Laing
ST: Collins, Niasse, Kazim-Richards, Cybulski, StrettonNot bad!
Well this is what other clubs’ fans are on about. We’ve got no debt and no points deduction and most likely a strong squad that should bring us straight back up. Of course they forget that we’ve been relegated, been through 18 months of hell and have been forced to haemorrhage home grown talent. And that our greatest strength now is our fan base , and how can they object to that ...
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11 minutes ago, Gee SCREAMER !! said:
Huddlestone as well?. Love Hourihane here but always likely to be above our wage limit and get better offers despite the rumours.
Grave error for us to let Huddleston go last time. Has he re-signed for Hull ? Jags is still older than he is ?
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I’d imagine Curtis has been too busy encouraging others to sign to get his own contract agreed. It’s what he’s like
- Kathcairns, Carl Sagan, Nishfan and 1 other
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21 minutes ago, maxjam said:
Don't want to come across as greedy as we had a great start to the weekend with the takeover, the middle has piqued our interest with a few new signings/extensions, but it wouldn't half be nice to end it tomorrow with a few more! Curtis can conclude proceedings in the new kit and armband followed by Rosenior talking about signing his 2 year deal (as thats what they all seem to be) and his plans to get us back into the Championship.
Its been a long time since we've been allowed to feel optimistic ?
Liam is an interim appointment. Would love him to succeed and become permanent but for now won’t any contract extension be short term ?
New signings, who will be first...and next?
in Derby County Forum
Posted
Some of these players who are off might find it hard to work out whether they felt loyalty more to Rooney, or to the club