atherstoneram Posted October 5, 2021 Share Posted October 5, 2021 Just now, Sparkle said: That’s not the case at all the money was made available by the premiership and it was the EFL who denied Derby from getting it If you say so. Rev 1 Link to comment Share on other sites More sharing options...
QuitYourJibbaJivin Posted October 5, 2021 Share Posted October 5, 2021 (edited) 15 minutes ago, atherstoneram said: If,as some have suggested we offer 25% of the debt, roughly £6.5M if the figure of £26M is correct then i can't see the HMRC accepting that,the voters would be up in arms with the recent announcement of taxes being increased which wouldn't sit well with politicians,the HMRC now have the upper hand since the changes. Well I guess there will come a time where the administrators and the HMRC sit down and the offer is, you can take x amount now and carry on picking up tax in future seasons (promise We’ll pay this time, honest) or you can liquidate a club that has literally no assets and take a share of bugger all with the other secured creditors ??♂️. I don’t see that as having an upper hand, whatever happens from here they’re not going to get the full amount of money owed. Edited October 5, 2021 by QuitYourJibbaJivin Link to comment Share on other sites More sharing options...
Sparkle Posted October 5, 2021 Share Posted October 5, 2021 2 minutes ago, atherstoneram said: Football is not like any other business. It is. The HMRC can allow any business to be sold or liquidated and it depends on many factors and in our favour is that there is a historical reality that they will receive a heck of a lot of tax income in the future if Derby county survived. Link to comment Share on other sites More sharing options...
angieram Posted October 5, 2021 Share Posted October 5, 2021 23 minutes ago, RoyMac5 said: Interesting bullet points. "EFL report: It has been confirmed to the EFL that the club "can complete the season" after a report was completed into the matter." I wonder if the DET is going to create a separate article on each bullet point of the Rams Trust report? ? Abu Derby, Retro_RAM, RoyMac5 and 1 other 1 3 Link to comment Share on other sites More sharing options...
Stive Pesley Posted October 5, 2021 Share Posted October 5, 2021 33 minutes ago, Dan_Ram said: Do we know when the next fans review is scheduled for? In the article it says "The next meeting of this type will be in 4 weeks time" Link to comment Share on other sites More sharing options...
atherstoneram Posted October 5, 2021 Share Posted October 5, 2021 5 minutes ago, Sparkle said: It is. The HMRC can allow any business to be sold or liquidated and it depends on many factors and in our favour is that there is a historical reality that they will receive a heck of a lot of tax income in the future if Derby county survived. That can't be guaranteed if we are relegated,loss of TV income etc. https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/366661/vas-factsheet_1_.pdf Link to comment Share on other sites More sharing options...
Bald Eagle's Barmy Army Posted October 5, 2021 Share Posted October 5, 2021 6 hours ago, MackworthRamIsGod said: The more I hear from the administrators the more I fear all isn't as it seems and all isn't going to be as rosey as they are trying to suggest. I overhead someone at the gym, a father of an ex Derby player saying Derby are in a much bigger mess than the administrators are letting on. I really hope he is wrong and I am wrong. Was it Steve Bloomers father by any chance. archram 1 Link to comment Share on other sites More sharing options...
Ambitious Posted October 5, 2021 Share Posted October 5, 2021 The confidence from the administrators certainly seems to have waivered slightly, although unfortunately not too surprising as more comes out the woodwork from their findings. I guess we will have to wait and see what transpires over the next few months. The HMRC would only waste the money anyway. They may as well let us keep it. 48 hours 1 Link to comment Share on other sites More sharing options...
ossieram Posted October 5, 2021 Share Posted October 5, 2021 Has there been any updates released from the administrators, or are we all guessing again? CBRammette 1 Link to comment Share on other sites More sharing options...
Leeds Ram Posted October 5, 2021 Share Posted October 5, 2021 2 hours ago, Ghost of Clough said: Why is the market value estimated at "significantly less than £30m"? Sunderland went for £30m and Ipswich for £25m as L1 clubs Both own their grounds and sunderland at least had gone through significant financial restructuring putting them on a path towards sustainability. Derby in a position of not owning the ground, owing a mountain of debt and have a distinct possibility of ending up in league 1 after this season too. Link to comment Share on other sites More sharing options...
Bob The Badger Posted October 5, 2021 Share Posted October 5, 2021 1 hour ago, Ghost of Clough said: The next sentence draws a comparison to L1 clubs... when we're in the Championship. We won't be next season and the fact that we don't own the ground is a HUGE deal. atherstoneram 1 Link to comment Share on other sites More sharing options...
Ambitious Posted October 5, 2021 Share Posted October 5, 2021 3 minutes ago, Leeds Ram said: Both own their grounds and sunderland at least had gone through significant financial restructuring putting them on a path towards sustainability. Derby in a position of not owning the ground, owing a mountain of debt and have a distinct possibility of ending up in league 1 after this season too. IslandExile and Leeds Ram 1 1 Link to comment Share on other sites More sharing options...
Stive Pesley Posted October 5, 2021 Share Posted October 5, 2021 4 minutes ago, ossieram said: Has there been any updates released from the administrators, or are we all guessing again? They had the first of the "supporters representatives" meetings earlier in the week and these have been reported by Rams Trust and Retro_RAM, ramit, ariotofmyown and 3 others 6 Link to comment Share on other sites More sharing options...
Ghost of Clough Posted October 5, 2021 Share Posted October 5, 2021 1 hour ago, StarterForTen said: Bit not for long... Next you'll be saying Burnley are now only worth £50m (£200m a couple of months ago) in the PL because there's a good chance they'll be in the Championship next season. The comparison was with Sunderland who take in 33% less revenue than us in a normal season, and Ipswich with 50% less revenue (after accounting for league disparity) Comrade 86 and r_wilcockson 2 Link to comment Share on other sites More sharing options...
atherstoneram Posted October 5, 2021 Share Posted October 5, 2021 2 minutes ago, Ghost of Clough said: Next you'll be saying Burnley are now only worth £50m (£200m a couple of months ago) in the PL because there's a good chance they'll be in the Championship next season. The comparison was with Sunderland who take in 33% less revenue than us in a normal season, and Ipswich with 50% less revenue (after accounting for league disparity) But Burnley haven't been handed a 12 point deduction. Link to comment Share on other sites More sharing options...
Leeds Ram Posted October 5, 2021 Share Posted October 5, 2021 5 minutes ago, Ambitious said: It can always get worse Ambitious... Link to comment Share on other sites More sharing options...
Ghost of Clough Posted October 5, 2021 Share Posted October 5, 2021 10 minutes ago, atherstoneram said: But Burnley haven't been handed a 12 point deduction. I forgot the bit where a 12 point deduction knocks the value of a club down. Link to comment Share on other sites More sharing options...
atherstoneram Posted October 5, 2021 Share Posted October 5, 2021 11 minutes ago, Leeds Ram said: It can always get worse Ambitious... Link to comment Share on other sites More sharing options...
atherstoneram Posted October 5, 2021 Share Posted October 5, 2021 5 minutes ago, Ghost of Clough said: I forgot the bit where a 12 point deduction knocks the value of a club down. Gives them a greater chance of relegation. Link to comment Share on other sites More sharing options...
PistoldPete Posted October 5, 2021 Share Posted October 5, 2021 (edited) The Daily Fail article is up to their usual standard. Mixing up “:secured creditors” with “ preferred creditors” , mixing up market value with asset values, referring to an HMRC bail out (nobody is expecting HMRC ago pay any money into the club) . oh and then there are all those anonymous sources. If Sunderland were sold for £30 million that will reflect the club’s assets and their debts. Of course Derby’s market value is likely to be less than that, that is why they are in administration. Insolvency means the market value would be nothing . but comparing market value with debts is just very misleading. Edited October 5, 2021 by PistoldPete Carnero, r_wilcockson, Eatonram and 1 other 3 1 Link to comment Share on other sites More sharing options...
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