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Derby County Administration (with the slight possibility of Liquidation still there)


therams69

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36 minutes ago, Leeds Ram said:

when they were most recently sold earlier this year the club I believe was debt free and atm is close to being sustainably run. 

They were debt free after the takeover, certainly  not before. That  is quite common when you get new owners.  

 

Derby are also close to being sutainably run..once we get season ticket money in. Just the little matter of the debt and new owners to sort out.  

Edited by PistoldPete
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50 minutes ago, Heisenberg said:

 

 

"Carl Jackson, from Derby's administrators Quantuma, said on Tuesday: “We’ve had some very positive discussions with Arsenal and they’ve allowed us to defer those payments until a later date.

“That has freed up some cash for us and that’s been agreed in writing. 

“It will certainly help our cash-flow over the course of the next two to three months and also sorts out any threatened embargo from the EFL at the same time.”

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1 minute ago, RoyMac5 said:

 

"Carl Jackson, from Derby's administrators Quantuma, said on Tuesday: “We’ve had some very positive discussions with Arsenal and they’ve allowed us to defer those payments until a later date.

“That has freed up some cash for us and that’s been agreed in writing. 

“It will certainly help our cash-flow over the course of the next two to three months and also sorts out any threatened embargo from the EFL at the same time.”

So we are selling Bielik back to arsenal in january?

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Just now, Curtains said:

Why is the HMRC debt over 26 Million ! 

Because HMRC did not chase up any debts during Covid and MM obviously saw this as a good opportunity to run up debt that he would not be liable for.

He used HMRC as a cheap source of financing and left DCFC to pick up the tab.

Forget anything else he did that was good for the club and his sob story about writing out cheques every month, basically he thinks it is righg for the taxpayer to bear the cost of his mistakes.

 

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4 minutes ago, G STAR RAM said:

Because HMRC did not chase up any debts during Covid and MM obviously saw this as a good opportunity to run up debt that he would not be liable for.

He used HMRC as a cheap source of financing and left DCFC to pick up the tab.

Forget anything else he did that was good for the club and his sob story about writing out cheques every month, basically he thinks it is righg for the taxpayer to bear the cost of his mistakes.

 

Well if a takeover takes place the new owners pick up most of the HMRC debt !

PS Some might be at 25 percent but how much ! 

Edited by Curtains
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18 minutes ago, PistoldPete said:

They were debt free after the takeover, certainly  not before. That  is quite common when you get new owners.  

 

Derby are also close to being sutainably run..once we get season ticket money in. Just the little matter of the debt and new owners to sort out.  

I believe I read Charlie Methvin had claimed they were debt free before the takeover this year. 

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8 minutes ago, G STAR RAM said:

Well they have certainly saved us from MM piling more debt on us.

Unfortunately the way they went about that was by backing us into a corner which we struggle to get out of.

Personally feel the battle became personal to both sides and, unfortunately, neither side had anything to gain out of it other than personal pride.

Never looked at it like that before .

 

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33 minutes ago, RoyMac5 said:

 

"Carl Jackson, from Derby's administrators Quantuma, said on Tuesday: “We’ve had some very positive discussions with Arsenal and they’ve allowed us to defer those payments until a later date.

“That has freed up some cash for us and that’s been agreed in writing. 

“It will certainly help our cash-flow over the course of the next two to three months and also sorts out any threatened embargo from the EFL at the same time.”

C'mon kids let's all sing along.

 

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