rynny Posted January 25, 2021 Share Posted January 25, 2021 26 minutes ago, Tyler Durden said: I was saying that tongue in cheek as a far more esteemed poster than myself replied with this answer yesterday when I raised the same point regards other clubs also doing the same. I understand why the ground had to be sold I don't agree with how we managed to have to get into that scenario in the first place but will limit my reponse for the sake of harmony on here. Hang on a second, I was correcting you when you said only us and Wednesday had done it by stating Villa and Reading had also sold their ground to their owner. At no point did I say whether or not it was alright. Link to comment Share on other sites More sharing options...
Tyler Durden Posted January 25, 2021 Share Posted January 25, 2021 Just now, rynny said: Hang on a second, I was correcting you when you said only us and Wednesday had done it by stating Villa and Reading had also sold their ground to their owner. At no point did I say whether or not it was alright. It was meant as a tongue in cheek remark as I said so please take it in the spirit it was meant Link to comment Share on other sites More sharing options...
kevinhectoring Posted January 25, 2021 Share Posted January 25, 2021 19 minutes ago, Tyler Durden said: I think the unease about this transaction was two fold, firstly why were we compelled to do this in the first place and secondly the ground now is owned by a totally separate entity than the club - not sure why you think one could be sold without the other as it wouldn't be totally inconceivable that the stadium owner could charge ground rent etc to the new club owners as a form of lease. Agree on your first point On the second - the lease would have been signed at the same time as the sale so that’s a done deal. And I’d think the independent club board directors when they approved the sale (MM was conflicted so didn’t vote on it I’d guess) would have required preemption rights or an option or whatever. If there’s a conveyancing solicitor on here they might be able to find out from public records. I still don’t see the problem if under common control with the club. Link to comment Share on other sites More sharing options...
Pearl Ram Posted January 25, 2021 Share Posted January 25, 2021 10 minutes ago, StrawHillRam said: I never saw that coming. This clairvoyant gig is not as easy as it seems when you follow the Rams? It bloody ain’t, I’ve had to cancel tonight’s psychic evening on Zoom due to unforeseen circumstances ☹️ RoyMac5, AbuDerbyDave, ariotofmyown and 1 other 4 Link to comment Share on other sites More sharing options...
Tyler Durden Posted January 25, 2021 Share Posted January 25, 2021 Just now, kevinhectoring said: Agree on your first point On the second - the lease would have been signed at the same time as the sale so that’s a done deal. And I’d think the independent club board directors when they approved the sale (MM was conflicted so didn’t vote on it I’d guess) would have required preemption rights or an option or whatever. If there’s a conveyancing solicitor on here they might be able to find out from public records. I still don’t see the problem if under common control with the club. I don't fully understand the nitty gritty behind it was just trying to make the point that it adds further (unnecessary?) complications if the ground is not owned by the club - worst case scenario look at Coventry I guess. But there may be other examples of far more harmonious relationships between the two parties. But it does happen. kevinhectoring 1 Link to comment Share on other sites More sharing options...
rynny Posted January 25, 2021 Share Posted January 25, 2021 (edited) 26 minutes ago, Tyler Durden said: It was meant as a tongue in cheek remark as I said so please take it in the spirit it was meant Whether it was tongue in cheek or not, it was factually incorrect, and came off as a jibe. Edited January 25, 2021 by rynny Wolfie20 1 Link to comment Share on other sites More sharing options...
Tyler Durden Posted January 25, 2021 Share Posted January 25, 2021 3 minutes ago, rynny said: Whether it was tongue in cheek or not, it was factually incorrect, and came off as a jibe. Not meant as such apologies if it came across that way to you rynny and kevinhectoring 1 1 Link to comment Share on other sites More sharing options...
rammieib Posted January 25, 2021 Share Posted January 25, 2021 47 minutes ago, Half Fan Half Biscuit said: No news is good news ??? How's that 'no news' been working out since end of October? LOL Link to comment Share on other sites More sharing options...
Half Fan Half Biscuit Posted January 25, 2021 Share Posted January 25, 2021 5 minutes ago, rammieib said: How's that 'no news' been working out since end of October? LOL Pants Link to comment Share on other sites More sharing options...
ram1964 Posted January 25, 2021 Share Posted January 25, 2021 Nothing here since page. 3 close the thread? kevinhectoring 1 Link to comment Share on other sites More sharing options...
CornwallRam Posted January 25, 2021 Share Posted January 25, 2021 Just musing on the takeover - I wonder how long it would take a serious and knowledgeable investor to put together a deal? Obviously with the players being pad something has happened. It could just be another MSD loan or Mel simply writing a cheque or even BZI actually coming up with some cash. But what if it is the 'former director' moving to take control of the club? The names cropping up are Wilson, Glick and Gadsby. All of those have inside knowledge as to how the club runs. Mel will have all the figures that they would need already to hand. I'd suggest that any of those would be in a good position to fast track a takeover if they wanted to. With absolutely zero inside knowledge, I wonder if the payment to the players is from some sort of pre-takeover loan? Link to comment Share on other sites More sharing options...
QuitYourJibbaJivin Posted January 25, 2021 Share Posted January 25, 2021 1 minute ago, CornwallRam said: Just musing on the takeover - I wonder how long it would take a serious and knowledgeable investor to put together a deal? Obviously with the players being pad something has happened. It could just be another MSD loan or Mel simply writing a cheque or even BZI actually coming up with some cash. But what if it is the 'former director' moving to take control of the club? The names cropping up are Wilson, Glick and Gadsby. All of those have inside knowledge as to how the club runs. Mel will have all the figures that they would need already to hand. I'd suggest that any of those would be in a good position to fast track a takeover if they wanted to. With absolutely zero inside knowledge, I wonder if the payment to the players is from some sort of pre-takeover loan? To go a little bit further on that it could be the none refundable deposit that’s normally paid by exclusive bidders? Personally I think it’s the realisation that the takeover isn’t going to happen any time soon and Mel is going to have to pay the wages like he was before, until he can find somebody to sell the club to. Wages for Jan are due Friday let’s hope this debacle doesn’t continue. Link to comment Share on other sites More sharing options...
kevinhectoring Posted January 25, 2021 Share Posted January 25, 2021 1 hour ago, rammieib said: How's that 'no news' been working out since end of October? LOL No news that we’ve been bought by M Ashley, gone into administration, sold Knight or Bielik, had a points deduction, defaulted on the MSD loan ... Things could be a lot worse We’re certainly having a better day than Frank Link to comment Share on other sites More sharing options...
strawhillram Posted January 25, 2021 Share Posted January 25, 2021 5 minutes ago, kevinhectoring said: No news that we’ve been bought by M Ashley, gone into administration, sold Knight or Bielik, had a points deduction, defaulted on the MSD loan ... Things could be a lot worse We’re certainly having a better day than Frank Remind me of Monty Python’s Ralph Mellish sketch ? kevinhectoring 1 Link to comment Share on other sites More sharing options...
kevinhectoring Posted January 25, 2021 Share Posted January 25, 2021 56 minutes ago, CornwallRam said: Just musing on the takeover - I wonder how long it would take a serious and knowledgeable investor to put together a deal? Obviously with the players being pad something has happened. It could just be another MSD loan or Mel simply writing a cheque or even BZI actually coming up with some cash. But what if it is the 'former director' moving to take control of the club? The names cropping up are Wilson, Glick and Gadsby. All of those have inside knowledge as to how the club runs. Mel will have all the figures that they would need already to hand. I'd suggest that any of those would be in a good position to fast track a takeover if they wanted to. With absolutely zero inside knowledge, I wonder if the payment to the players is from some sort of pre-takeover loan? I think you’re right - Dell and the local guys could move quickly. The guess the real problem is not time but valuation. On a worst case covid scenario, I guess the shares are worthless and the question is how much MM gets for his loans. Valuing clubs at the moment must be almost impossible. Wonder if in fact that’s the problem with the BZI deal Link to comment Share on other sites More sharing options...
Sparkle Posted January 25, 2021 Share Posted January 25, 2021 We could end this sorry saga in a wonderful position or waiting for the next chaotic sequence of events Link to comment Share on other sites More sharing options...
IslandExile Posted January 25, 2021 Share Posted January 25, 2021 11 minutes ago, Sparkle said: We could end this sorry saga in a wonderful position or waiting for the next chaotic sequence of events Can you guess which way it will likely go? Indy 1 Link to comment Share on other sites More sharing options...
Angry Ram Posted January 25, 2021 Share Posted January 25, 2021 18 minutes ago, Sparkle said: We could end this sorry saga in a wonderful position or waiting for the next chaotic sequence of events We're Derby.. Chaotic Sequence is just Derby County spelt with different letters. Jourdan, Bosshogg, OUTSIDER and 2 others 1 4 Link to comment Share on other sites More sharing options...
ram1964 Posted January 25, 2021 Share Posted January 25, 2021 1 hour ago, kevinhectoring said: No news that we’ve been bought by M Ashley, gone into administration, sold Knight or Bielik, had a points deduction, defaulted on the MSD loan ... Things could be a lot worse We’re certainly having a better day than Frank ??? Frank don't bother coming in today.your services are no longer required ,we will send you a big fat cheque as compo towards your remains contract? Link to comment Share on other sites More sharing options...
StarterForTen Posted January 25, 2021 Share Posted January 25, 2021 1 minute ago, ram1964 said: ??? Frank don't bother coming in today.your services are no longer required ,we will send you a big fat cheque as compo towards your remains contract? According to the Telegraph, his pay-off is a 'cut price' £6.75m. Link to comment Share on other sites More sharing options...
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