ThePrisoner Posted December 8, 2021 Share Posted December 8, 2021 2 minutes ago, PistoldPete said: Alarmist and sensationalist. Like 99% of articles featured on Newsnow Crewton 1 Link to comment Share on other sites More sharing options...
BucksRam Posted December 8, 2021 Share Posted December 8, 2021 1 minute ago, PistoldPete said: Alarmist and sensationalist. Beat me to it. Typical clickbait headline when in reality the headline is that if Wycombe or Boro win it's setting a very dangerous precedent. NSS! I know nuffin and hintonsboots 1 1 Link to comment Share on other sites More sharing options...
SBW Posted December 8, 2021 Share Posted December 8, 2021 2 hours ago, jono said: I think you’re wrong. Yes they have fought for a better place in the queue but that doesn’t alter the money available. Thet get first dibs, that is all, but it’s first dibs of what a new owner offers .. or liquidation. It’s pretty clear given MSD’s debenture that there will be precious little on liquidation so they are in a quandary. None of this affects the “deal” you talk about. The rules as they stand regarding their status in the queue of creditors remains the same. They haven’t lost that status, regardless of how much or how little they get. I think you're burying your head in the sand. If they agree a deal that makes them appear weak, that impacts any future club who owes them HMRC and negotiations upon what they receive. Whatever deal they make with us, is what any club in the future will use as an example over what they will offer HMRC. We are the guinea pig for HMRC and other clubs. I don't think they're going to show much leniency for the reasons above. Link to comment Share on other sites More sharing options...
Curtains Posted December 8, 2021 Share Posted December 8, 2021 3 minutes ago, PistoldPete said: Alarmist and sensationalist. Well I’d say the poo has hit the fan mate Link to comment Share on other sites More sharing options...
SBW Posted December 8, 2021 Share Posted December 8, 2021 2 hours ago, rebb1 said: Guys, I'm not ITK but I have been in the company today of someone who is close to the proceedings and I was told that a £55 million bid has been submitted. No names or details as yet. Would be great news, not only cos of the resolution of the sale, but also cos it would mean a deal has been agreed on all debt, which from my limited knowledge, would mean not issues re: CVA next season? Link to comment Share on other sites More sharing options...
PistoldPete Posted December 8, 2021 Share Posted December 8, 2021 1 minute ago, Curtains said: Well I’d say the poo has hit the fan mate Poo is exactly what Gibson and Wycombe claims are. They should be flushed down the bog. I know nuffin and r_wilcockson 1 1 Link to comment Share on other sites More sharing options...
Curtains Posted December 8, 2021 Share Posted December 8, 2021 Just now, PistoldPete said: Poo is exactly what Gibson and Wycombe claims are. They should be flushed down the bog. I agree but they might not be Link to comment Share on other sites More sharing options...
Curtains Posted December 8, 2021 Share Posted December 8, 2021 (edited) 8 minutes ago, SBW said: Would be great news, not only cos of the resolution of the sale, but also cos it would mean a deal has been agreed on all debt, which from my limited knowledge, would mean not issues re: CVA next season? Why would a 55 Million pound bid be put in What does that mean ! If true it would be great news . But someone said this and that isn’t always right but I hope it is. Edited December 8, 2021 by Curtains Link to comment Share on other sites More sharing options...
PistoldPete Posted December 8, 2021 Share Posted December 8, 2021 2 minutes ago, Curtains said: I agree but they might not be Even if they were valid claims , it would only mean we have much bigger and better claims against villa and QPR. derbydaz22 1 Link to comment Share on other sites More sharing options...
Curtains Posted December 8, 2021 Share Posted December 8, 2021 Just now, PistoldPete said: Even if they were valid claims , it would only mean we have much bigger and better claims against villa and QPR. That’s not how it works . If you start a claim you have to back it up with cash in case it fails . We are not in a position to do that. TheresOnlyWanChope 1 Link to comment Share on other sites More sharing options...
Comrade 86 Posted December 8, 2021 Share Posted December 8, 2021 3 minutes ago, Curtains said: Why would a 55 Million pound bid be put in What does that mean ! Wild guess here but it might be that someone has bid £55 million for the club ?♀️ RAM1966, derbydaz22, Tamworthram and 1 other 4 Link to comment Share on other sites More sharing options...
Curtains Posted December 8, 2021 Share Posted December 8, 2021 1 minute ago, 86 Hair Islands said: Wild guess here but it might be that someone has bid £55 million for the club ?♀️ Ok I’m celebrating now. Link to comment Share on other sites More sharing options...
Tamworthram Posted December 8, 2021 Share Posted December 8, 2021 20 minutes ago, Curtains said: https://www.footballfancast.com/Derby-county-news/Derby-county-alan-nixon-takeover-efl-wayne-rooney-the-rams-championship Strange how the article, containing nothing new, ends with “Either way, the news is certainly not good for Derby County or their fans, with the future of the Rams looking bleaker by the day” when there isn’t any actual news. Chester40 1 Link to comment Share on other sites More sharing options...
Curtains Posted December 8, 2021 Share Posted December 8, 2021 Just now, Tamworthram said: Strange how the article, containing nothing new, ends with “Either way, the news is certainly not good for Derby County or their fans, with the future of the Rams looking bleaker by the day” when there isn’t any actual news. I think Nixon knows something but hey the 55 million bid is more interesting. Link to comment Share on other sites More sharing options...
PistoldPete Posted December 8, 2021 Share Posted December 8, 2021 (edited) 6 minutes ago, Curtains said: That’s not how it works . If you start a claim you have to back it up with cash in case it fails . We are not in a position to do that. I will crowdfund it if Wycombe get a penny from us. It would then be a dead cert that we get money from qpr or villa if that is the precedent. Edited December 8, 2021 by PistoldPete r_wilcockson and Ramifications 1 1 Link to comment Share on other sites More sharing options...
Taribo Posted December 8, 2021 Share Posted December 8, 2021 1 hour ago, Grumpy Git said: GSW GSOH? Link to comment Share on other sites More sharing options...
Carnero Posted December 8, 2021 Share Posted December 8, 2021 50 minutes ago, BramcoteRam84 said: Not necessarily. Could well be that’s what I’m prepared to pay so you need to negotiate the debts down accordingly. Anyone who knows all the debt figures (preferential/secured/unsecured) worked back to understand what we would need to get HMRC to accept should £55m be the top price anyone is prepared to pay? (not agreeing this is necessarily the figure by the way) £55m sale price would require HMRC to accept c.£20m (2/3rds of what they're owed). MSD £20m + £1.5m (additional funding) Admin fees £3m Football creditors £9m Unsecured creditors £1.5m (25%) StarterForTen, r_wilcockson, Comrade 86 and 2 others 2 1 2 Link to comment Share on other sites More sharing options...
BramcoteRam84 Posted December 8, 2021 Share Posted December 8, 2021 11 minutes ago, Carnero said: £55m sale price would require HMRC to accept c.£20m (2/3rds of what they're owed). MSD £20m + £1.5m (additional funding) Admin fees £3m Football creditors £9m Unsecured creditors £1.5m (25%) People saying HMRC aren’t going to budge. What’s the most they’ve ever got in this scenario? Didn’t Leeds settle at 8%?! I think if anyone thinks they would agree to 25% they’re smoking something but 2/3 is achievable Link to comment Share on other sites More sharing options...
PistoldPete Posted December 8, 2021 Share Posted December 8, 2021 28 minutes ago, Carnero said: £55m sale price would require HMRC to accept c.£20m (2/3rds of what they're owed). MSD £20m + £1.5m (additional funding) Admin fees £3m Football creditors £9m Unsecured creditors £1.5m (25%) I think I had heard a rumour that 66% was the deal for Hmrc . Which I think is a very good deal for them all things considered. Link to comment Share on other sites More sharing options...
StarterForTen Posted December 8, 2021 Share Posted December 8, 2021 30 minutes ago, Carnero said: £55m sale price would require HMRC to accept c.£20m (2/3rds of what they're owed). MSD £20m + £1.5m (additional funding) Admin fees £3m Football creditors £9m Unsecured creditors £1.5m (25%) That looks a plausible deal. if that gets DCFC with the stadium, a long lease on the academy and a clean slate to keep the young players, it sounds fair to me. r_wilcockson 1 Link to comment Share on other sites More sharing options...
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