Grumpy Git Posted September 23, 2021 Share Posted September 23, 2021 1 minute ago, cosmic said: Stressed "considerable" interest in someone buying the club. Avro Energy apparently.? Stive Pesley, JoetheRam, Ramarena and 1 other 4 Link to comment Share on other sites More sharing options...
ollycutts1982 Posted September 23, 2021 Share Posted September 23, 2021 The funding of the club has been by the fans and the owner. A number of creditors requested payment imminently. The owner is owed a substantial amount of money but isn’t looking to recover it. HMRC debts, footballing debts and trading debts. RoyMac5, GlastoEls and r_wilcockson 2 1 Link to comment Share on other sites More sharing options...
ollycutts1982 Posted September 23, 2021 Share Posted September 23, 2021 There will be a statement of affairs will be release shortly. The debt is in the £10m’s. The administrator has inherited some cash from the companies but not enough for 3 months. Approached lenders for funds to keep the club going and are confident of trading their way through. Miggins, r_wilcockson, GlastoEls and 2 others 5 Link to comment Share on other sites More sharing options...
ollycutts1982 Posted September 23, 2021 Share Posted September 23, 2021 Ideally would like to make no redundancies but will need to cut clothe accordingly. Sadly there will be a number of redundancies. RoyMac5 1 Link to comment Share on other sites More sharing options...
minesahartington Posted September 23, 2021 Share Posted September 23, 2021 Chris nicely direct. Makes a change from Radio Derby Sidd10 and cosmic 2 Link to comment Share on other sites More sharing options...
duncanjwitham Posted September 23, 2021 Share Posted September 23, 2021 1 minute ago, ollycutts1982 said: The debt is in the £10m’s. £10ms as in £10-19m or £10-£99m? Link to comment Share on other sites More sharing options...
Woodley Ram Posted September 23, 2021 Share Posted September 23, 2021 As an anti corruption specialist I would love to have a look under the EFL bonnet and see what they are up to. Link to comment Share on other sites More sharing options...
RoyMac5 Posted September 23, 2021 Share Posted September 23, 2021 7 minutes ago, ollycutts1982 said: A couple of direct approaches to buy the club. Won’t discuss despite with EFL. Sorry what does the last bit mean? Link to comment Share on other sites More sharing options...
Grumpy Git Posted September 23, 2021 Share Posted September 23, 2021 (edited) MM 100% culpable, no other excuses and he owns the only chuffing assets with any value (PP & MF). Edited September 23, 2021 by Grumpy Git mike93rh, RadioactiveWaste and EtoileSportiveDeDerby 2 1 Link to comment Share on other sites More sharing options...
cosmic Posted September 23, 2021 Share Posted September 23, 2021 2 minutes ago, minesahartington said: Chris nicely direct. Makes a change from Radio Derby Was going to say this. He's doing a good job asking all the right questions. Link to comment Share on other sites More sharing options...
ollycutts1982 Posted September 23, 2021 Share Posted September 23, 2021 Moor farm is owned by someone else and is on a long lease and will continue to have use of it. PPS is not owned by the football club but has a verbal agreement from landlord to continue to play games there. Not looking to get rid of Rooney. Positive conversations with Rooney and the coaching squad. Opened positive dialogue with EFL. The EFL want Derby to continue but there will be further points deduction. RoyMac5 and DCFC1388 1 1 Link to comment Share on other sites More sharing options...
ollycutts1982 Posted September 23, 2021 Share Posted September 23, 2021 3 minutes ago, RoyMac5 said: Sorry what does the last bit mean? Sorry dispute not despite. Quickly typing as I’m listening. RoyMac5 1 Link to comment Share on other sites More sharing options...
minesahartington Posted September 23, 2021 Share Posted September 23, 2021 1 minute ago, RoyMac5 said: Sorry what does the last bit mean? I think it should be ‘dispute’ RoyMac5 1 Link to comment Share on other sites More sharing options...
ollycutts1982 Posted September 23, 2021 Share Posted September 23, 2021 Former interested parties are looking to rekindle talks and most want to rejoin the stadium and training ground to the club. Jubbs, RoyMac5, Carnero and 1 other 3 1 Link to comment Share on other sites More sharing options...
Indy Posted September 23, 2021 Share Posted September 23, 2021 (edited) 2 minutes ago, RoyMac5 said: Sorry what does the last bit mean? . Edited September 23, 2021 by Indy Already cleared up Link to comment Share on other sites More sharing options...
ollycutts1982 Posted September 23, 2021 Share Posted September 23, 2021 Wanting to communicate with supporters. Just want to understand the cash and funding situation. Want to restructure the football club. They will do their level best to get the club out of administrator. Hector was the best and GlastoEls 2 Link to comment Share on other sites More sharing options...
Alph Posted September 23, 2021 Share Posted September 23, 2021 Further points deduction? This season, future seasons? Sorry, I'm at work and can't hear feck all Link to comment Share on other sites More sharing options...
Derbados Posted September 23, 2021 Share Posted September 23, 2021 Administrators being open, honest and direct what a nice change from being fed absolute waffle from Morris and Pearce r_wilcockson, Indy, Hector was the best and 15 others 11 1 6 Link to comment Share on other sites More sharing options...
ollycutts1982 Posted September 23, 2021 Share Posted September 23, 2021 The policy is not to get through to January and make sales. They actually want to look to strengthen in January. In the next 5-6 weeks they hope to have a list of credible buyers. cosmic and Chester40 1 1 Link to comment Share on other sites More sharing options...
minesahartington Posted September 23, 2021 Share Posted September 23, 2021 Correct response to Dorsetts first question. Let’s file that…..”not intending to sell anyone in January” Link to comment Share on other sites More sharing options...
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