Tyler Durden Posted January 23, 2021 Share Posted January 23, 2021 48 minutes ago, G-Ram said: With no fans in the ground and the prospect of playing league one football next year i dont see how we afford to pay any loans back. We should just do what Leicester did a few years ago and default on them all with impunity. Link to comment Share on other sites More sharing options...
Van der MoodHoover Posted January 23, 2021 Share Posted January 23, 2021 3 minutes ago, Tyler Durden said: We should just do what Leicester did a few years ago and default on them all with impunity. MSD appear to have headed off that one by having charges over the assets so Mel (or anyone else) can't pick them up for a quid. New DCFC would consist of whats left.... - 8 office chairs (used) - 3 sets of training bits (soiled) - 4 car parking signs labelled "chairman", "ceo", "technical director " and "first team manager" - 1 Anya (as new, hardly used) ? Link to comment Share on other sites More sharing options...
Tamworthram Posted January 23, 2021 Share Posted January 23, 2021 40 minutes ago, Tyler Durden said: We should just do what Leicester did a few years ago and default on them all with impunity. Just in case you’re being serious: Aren’t there two major problems with that? 1) I assume it’s not just these big boys that would suffer. There are probably a lot of small companies and individuals we’d have to default on as well as we’d quickly go into administration. I’m no expert but I suspect you have to be very careful when it comes to giving creditors preferential treatment 2) Haven’t the rules and punishments changed a lot since Leicester got away with their scandalous actions? Link to comment Share on other sites More sharing options...
Sith Happens Posted January 23, 2021 Share Posted January 23, 2021 53 minutes ago, Van der MoodHoover said: MSD appear to have headed off that one by having charges over the assets so Mel (or anyone else) can't pick them up for a quid. New DCFC would consist of whats left.... - 8 office chairs (used) - 3 sets of training bits (soiled) - 4 car parking signs labelled "chairman", "ceo", "technical director " and "first team manager" - 1 Anya (as new, hardly used) ? There must be some drones sat gathering dust ? Link to comment Share on other sites More sharing options...
CornwallRam Posted January 23, 2021 Share Posted January 23, 2021 I've just heard from a mate that Mel has now walked away from the BZI takeover. He's still very keen to sell, but no longer talking to the Sheikh. I can't vouch for the reliability of the source - it's at least 4th hand and even my mate thinks it is probably fake. I suspect that if turns out to be true, we'll start getting hints pretty soon. Link to comment Share on other sites More sharing options...
Pearl Ram Posted January 23, 2021 Share Posted January 23, 2021 Well if he has walked away I applaud him, he has shown ample patience/desperation with this shower and it has become a self respect thing for me. There’s only so long a man can be mucked about before he starts to look daft. Furthermore I’d appeal to our football authorities to ban BZI from entering any negotiations to purchase any club in future as they obviously can’t fulfill commitments they undertake. Link to comment Share on other sites More sharing options...
Chester40 Posted January 23, 2021 Share Posted January 23, 2021 22 minutes ago, CornwallRam said: I've just heard from a mate that Mel has now walked away from the BZI takeover. He's still very keen to sell, but no longer talking to the Sheikh. I can't vouch for the reliability of the source - it's at least 4th hand and even my mate thinks it is probably fake. I suspect that if turns out to be true, we'll start getting hints pretty soon. Your contributions have been good to date, but this one is the sum total of : repeating speculation x sitting on the fence x stating the bleeding obvious ? (good news though - we are delighted to offer you the job as Sky's roving reporter in the Midlands) Link to comment Share on other sites More sharing options...
Uptherams Posted January 23, 2021 Share Posted January 23, 2021 Mel is trying to Sheikhdown as much money from them as possible. Link to comment Share on other sites More sharing options...
JuanFloEvraTheCocu'sNesta Posted January 23, 2021 Share Posted January 23, 2021 If this ever actually goes through I'll do a lap of Pride Park stadium wearing nothing but a Keffiyeh. So the people of Derby that are often in the vicinity of Pride Park had all better hope this doesn't go through. Link to comment Share on other sites More sharing options...
Abu Derby Posted January 23, 2021 Share Posted January 23, 2021 If he has genuinely walked away then we should expect a statement from the club first thing Monday morning, since the NDA wouldn’t apply. Link to comment Share on other sites More sharing options...
G STAR RAM Posted January 23, 2021 Share Posted January 23, 2021 Is it just as simple as walking away? It was reported that contracts had been exchanged. Unless any terms of the contract have been breached then you cant just walk away. One would assume a long stop date for completion was included in the contract though. Link to comment Share on other sites More sharing options...
Tamworthram Posted January 23, 2021 Share Posted January 23, 2021 14 minutes ago, Abu Derby said: If he has genuinely walked away then we should expect a statement from the club first thing Monday morning, since the NDA wouldn’t apply. I think you mean “like” rather than “expect”. Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted January 23, 2021 Share Posted January 23, 2021 16 minutes ago, G STAR RAM said: Is it just as simple as walking away? It was reported that contracts had been exchanged. Unless any terms of the contract have been breached then you cant just walk away. One would assume a long stop date for completion was included in the contract though. Something like "£x recieved within 30 days, £y within 90 days where £x and £y are the total price outlined above" ? If there's something like that which has been breached if give Mel the cover to pull away. Link to comment Share on other sites More sharing options...
CornwallRam Posted January 23, 2021 Share Posted January 23, 2021 13 minutes ago, G STAR RAM said: Is it just as simple as walking away? It was reported that contracts had been exchanged. Unless any terms of the contract have been breached then you cant just walk away. One would assume a long stop date for completion was included in the contract though. The impression that I got was that the timescale for closing has been missed. I stress that I just don't know how credible this is. One thing though, the original source for this is supposedly an attempt to alert potential investors that the club is back on the market. If it is genuine, I would be amazed if the journos don't get wind of it very shortly. I'd suggest that if it isn't in the 'papers' by tomorrow, it is just BS. Link to comment Share on other sites More sharing options...
Abu Derby Posted January 23, 2021 Share Posted January 23, 2021 9 minutes ago, Tamworthram said: I think you mean “like” rather than “expect”. No I disagree, “expect” is the correct term. I have a stake in the club in the form of a Season Ticket holder. They have £600 of my money - I expect to be informed whether this will ever be returned to me and the future direction of the club. Link to comment Share on other sites More sharing options...
JuanFloEvraTheCocu'sNesta Posted January 23, 2021 Share Posted January 23, 2021 23 minutes ago, G STAR RAM said: Is it just as simple as walking away? It was reported that contracts had been exchanged. Unless any terms of the contract have been breached then you cant just walk away. One would assume a long stop date for completion was included in the contract though. If they have lost their investment but they can't walk away then that leaves us in the daft position of having exchanged contracts whilst being totally unable to complete. Surely there is a mechanism to kill the deal? They lost their backer, that's on them. If they get penalised as a result that's their problem. Link to comment Share on other sites More sharing options...
Gaspode Posted January 23, 2021 Share Posted January 23, 2021 24 minutes ago, G STAR RAM said: Is it just as simple as walking away? It was reported that contracts had been exchanged. Unless any terms of the contract have been breached then you cant just walk away. One would assume a long stop date for completion was included in the contract though. I'd suspect not paying the money promised would be considered a breach of contract on their part..... Link to comment Share on other sites More sharing options...
JuanFloEvraTheCocu'sNesta Posted January 23, 2021 Share Posted January 23, 2021 1 minute ago, Abu Derby said: No I disagree, “expect” is the correct term. I have a stake in the club in the form of a Season Ticket holder. They have £600 of my money - I expect to be informed whether this will ever be returned to me and the future direction of the club. Being a season ticket holder makes you a customer, not a stakeholder. There is a big difference from the clubs perspective. Link to comment Share on other sites More sharing options...
Wolfie20 Posted January 23, 2021 Share Posted January 23, 2021 1 minute ago, Abu Derby said: No I disagree, “expect” is the correct term. I have a stake in the club in the form of a Season Ticket holder. They have £600 of my money - I expect to be informed whether this will ever be returned to me and the future direction of the club. I applaud your buying of a season ticket (like I did), particularly when it was obvious to most people that the effects of the pandemic were likely to continue for an indefinite period. However, when I paid up, never in a month of Sundays did I imagine it gave me a stake in the Club or that I would be informed of, as you put it, the direction of the Club. That's just ridiculous. Link to comment Share on other sites More sharing options...
G STAR RAM Posted January 23, 2021 Share Posted January 23, 2021 15 minutes ago, RadioactiveWaste said: Something like "£x recieved within 30 days, £y within 90 days where £x and £y are the total price outlined above" ? If there's something like that which has been breached if give Mel the cover to pull away. Id imagine its more likely completion to be executed within x days after exchange and with a long stop date for the NDA. Pure guesswork though. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.