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Hordh

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  1. Haha
    Hordh got a reaction from atherstoneram in Alan Nixon Breaks Silence on American Billionaire Bid   
    I think this is the way to go. 
  2. Haha
    Hordh got a reaction from Carl Sagan in Alan Nixon Breaks Silence on American Billionaire Bid   
    I think this is the way to go. 
  3. Haha
    Hordh got a reaction from Tamworthram in Alan Nixon Breaks Silence on American Billionaire Bid   
    I think this is the way to go. 
  4. Haha
    Hordh got a reaction from Comrade 86 in Alan Nixon Breaks Silence on American Billionaire Bid   
    I think this is the way to go. 
  5. Angry
    Hordh got a reaction from I know nuffin in Alan Nixon Breaks Silence on American Billionaire Bid   
    Why, he's only stating the truth again. CK was overselling himself, courting people through twitter. Worse than Morris as an owner and nothing more than timewaster for the administrators. 
  6. Haha
    Hordh got a reaction from jimtastic56 in Alan Nixon Breaks Silence on American Billionaire Bid   
    But it's not Morris's fault. He's innocent in the whole charade.......
  7. Haha
    Hordh got a reaction from atherstoneram in Alan Nixon Breaks Silence on American Billionaire Bid   
    But it's not Morris's fault. He's innocent in the whole charade.......
  8. Haha
    Hordh got a reaction from RAM1966 in Alan Nixon Breaks Silence on American Billionaire Bid   
    But it's not Morris's fault. He's innocent in the whole charade.......
  9. Clap
    Hordh got a reaction from jimtastic56 in Alan Nixon Breaks Silence on American Billionaire Bid   
    Either the administrators don't know what they are doing, or mores the likely, the prospective buyers like Kirchner are just trying it on with the hope of getting the club on the cheap and making a quick buck. 
  10. Like
    Hordh reacted to TuffLuff in Alan Nixon Breaks Silence on American Billionaire Bid   
    Hey supporter groups, rather than cosying up to make sure you keep in touch with the next cheese and wine meeting, why don’t you make the point that after many years of being strung along by the Mel Morris ownership the fans are a bit fed up of it and we need a realistic expectation of how this is going. Constantly missing and extending deadline breeds into the constant disappointment if fans.
     
  11. Clap
    Hordh got a reaction from jimtastic56 in Alan Nixon Breaks Silence on American Billionaire Bid   
    Blame Morris for the way other clubs are behaving. He rode roughshod over the rules. 
  12. Like
    Hordh reacted to StapenhillRam in Alan Nixon Breaks Silence on American Billionaire Bid   
    It is important to remember how this debt to HMRC arose as it is not a case of a simple tax charge arising from the activities of the club.
    One element is the Employers National Insurance which is wholly attributable to Derby County and is based on a percentage of its Employees Gross salary. The vast majority of remaining debt is in respect of employees National Insurance contributions and Employees PAYE income tax deducted from the employees salaries each month. In effect it is the difference between the Gross Pay and Nett pay shown on all our payslips.
    Effectively in this instance the football club is acting as tax collector on behalf of HMRC with the expectation that these deductions are forwarded to HMRC in due course. Most large companies are obliged to pay these monies in the month following the deduction from employees pay.
  13. Like
    Hordh reacted to RAM1966 in Alan Nixon Breaks Silence on American Billionaire Bid   
    Its not a strange message at all, if HMRC do a deal and write off any debt at all they will be setti g a precedence that every other business in the country will want to persue.  
    The only kind of deal we may get as a long extended period of time to pay the debt off.  
    I think the only way out of this mess is for Morris to gift the stadium as part of the deal, that way the club assets might just about outweigh the debts.
    I still cant understand why we didnt apeal the -12....  that would have been done and dusted now....  Had we of won we would of had a reasonable chance of staying up and the clubs value would if been more.  rolling over in the manner we have is quite remarkable....
  14. Like
    Hordh got a reaction from I know nuffin in Alan Nixon Breaks Silence on American Billionaire Bid   
    HMRC are likely to be a hard nut to crack and as I have said before, they are very likely to use Derby as a test case going forward. A shot across the bows of other clubs. 
  15. Like
    Hordh reacted to SBW in Alan Nixon Breaks Silence on American Billionaire Bid   
    I think we all want all owed taxes paid, we can agree on that.  
     
    But the £27m itself is a drop in the ocean too HMRC.  If they accept say, half, £13.5m.  They then let every other football debtor that 50p in the £1 is okay.  Going forward the implications of that are gigantic, much more than the relevance of Derby County to them.  
     
    Would you fight for power (in terms of being a preferential creditor in this sense) to then essentially just 'give' that right away?  Precedence in law is everything, sentences is court of made off the back of precedence, people being found guilty and not guilty of offences is done so on the back of precedence.  That's why is makes zero sense that HMRC are going to do anything to benefit DCFC.  They don't care about us.
  16. Like
    Hordh reacted to SBW in Alan Nixon Breaks Silence on American Billionaire Bid   
    Pistold, I hope what you're saying is right, but as a person I consider myself a rational thinker and it reads like pure blind hope.
     
    HMRC don't care about Derby, our fans, the clubs future or anything.  They care about monies owed.  That's what they fought hard to be a preferential creditor.  They're not going to give that up and accept pennies in the pound and make a rod for their own back by setting a precedent which goes against what they fought for, it makes zero sense.
     
    If they were going to do a deal that was in anyway favourable to Derby, it would have already happened.
     
     
     
     
  17. Angry
    Hordh got a reaction from PistoldPete in Would our current squad challenge for promotion from League One?   
    If there is a fire sale, plus the chances of further deductions if the club do not exit with a CVA, it's going to be more like a fight against relegation. 
  18. Like
    Hordh reacted to Maharan in Would our current squad challenge for promotion from League One?   
    I don't know if the current squad would compete in League 1 to be honest, but it's immaterial because the current squad won't look anything like the one that would start next season. 
    It's going to be tough regardless of who's around though. Winning (and losing) does become a bit of a habit, and if next season starts slowly, then it's going to be very difficult to turn it around. 
  19. Like
    Hordh reacted to Simmo’s left foot in Would our current squad challenge for promotion from League One?   
    Very few of our current squad will still be with us next season. Fire sale in january!
  20. Clap
    Hordh got a reaction from I know nuffin in Alan Nixon Breaks Silence on American Billionaire Bid   
    I think this is the first footballing admin since the new rules came in and I'd be surprised if the HMRC didn't use this opportunity to set a precedent as a warning to other clubs not paying their taxes. You are correct that they won't bat an eyelid. 
  21. Clap
    Hordh got a reaction from Gritstone Tup in Alan Nixon Breaks Silence on American Billionaire Bid   
    I think this is the first footballing admin since the new rules came in and I'd be surprised if the HMRC didn't use this opportunity to set a precedent as a warning to other clubs not paying their taxes. You are correct that they won't bat an eyelid. 
  22. Like
    Hordh reacted to atherstoneram in Alan Nixon Breaks Silence on American Billionaire Bid   
    But you would still be paying VAT on your holiday and other associated items + airport taxes etc. As for other teams having less pulling power that won't concern HMRC. In context if it happens to be the demise of DCFC HMRC won't bat an eyelid.
  23. Like
    Hordh reacted to Ambitious in Alan Nixon Breaks Silence on American Billionaire Bid   
    In classic Mel Morris style, I think he believed he could get the administrators to blame covid and hit admin without the point deduction, hence why they appealed it in the first place. When they realised he's just a daft, shady bloke they called the appeal off. 
    He didn't need to put us into admin, that much I'm certain of, but he tried to be clever again IMO. 
  24. Like
    Hordh reacted to Ambitious in Alan Nixon Breaks Silence on American Billionaire Bid   
    The HMRC generates over £600bn a year, therefore I honestly think people are putting too much emphasis on 'they would rather have something than nothing'. 
    £30m (0.005% of their annual intake, roughly). I don't think they would miss the money at all, especially when any kind of amendment is likely to cause huge repercussions, particularly legally. It would be extremely high profile too, so I just don't see them negotiating the sum of money owed, obviously payment terms can also be massaged (such is life) but what is owed is going to be owed. 
    This is one of those situations that bugs me, because the liability is with the vehicle and not the driver who ran up the debt.   
  25. Like
    Hordh reacted to i-Ram in Alan Nixon Breaks Silence on American Billionaire Bid   
    Why do you keep on saying this is just cash flow (although you at least are now saying I think). Think again.  I haven’t checked but I doubt DCFC have made a profit in the last 13/14 years, unless of course we want to count a stadium revaluation which is not trading related. The Club is losing money all the time. It will carry on losing money for a long time after new owners come in (if, as we all hope, they do). The only way we can generate a positive cash flow is securing more income from our football activities than our underlying costs - pretty difficult in the Championship, worse still I am certain in League 1 - or if we have some wealthy benefactors prepared to inject surplus cash into the Club to satisfy the purposes of their investment.
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