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Alan Nixon Breaks Silence on American Billionaire Bid

Kernow

By Kernow
in Derby County Forum

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RamsfanJim
RamsfanJim

We're OK to share this - full minutes on Monday now..  * There are 3 interested bidders that Quantuma are still negotiating with. Each bid is complicated and each is taking time for Quantuma to f

i-Ram
i-Ram

After 8 weeks of silence, DET are today reporting that Mel Morris can be heard on Desert Island Discs this coming Sunday on BBC Radio 4 https://www.derbytelegraph.co.uk/sport/football/mel-morris-

angieram
angieram

I could re-write that article saying CK is coming over to further demonstrate his commitment to buying the club and to see what he can do to help speed up the process. Nothing factual would have chang

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Eatonram

Eatonram

Posted
Posted
3 hours ago, Eatonram said:

As stated by Kirchener it would appear that bids are are still increasing even as of yesterday. To me this means even his latest bid may not be as high as others in the process. As often stated the admins are required to secure the best deal for creditors which in simple terms will be the highest bid. Seems likely an auction is still going on and that means bidders will reach their maximum and then drop out. Perhaps clutching at straws I don’t know. 

Don't want to brag but...................

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CBRammette

CBRammette

Posted
Posted
1 hour ago, TheresOnlyWanChope said:

To be fair though not many fans (including myself) knew the damage Mel was causing. No one knew of different accountancy principles, huge unpaid HMRC bills, unsustainable wages. He talked about FFP a lot at least in last couple of seasons (too late) but I always thought the club would be aware of running the business with those constraints. 

The HMRC debt size was shocking. I work in tax and couldnt believe it had been allowed to accrue to such a huge figure. 

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Grumpy Git

Grumpy Git

Posted
Posted
Just now, CBRammette said:

The HMRC debt size was shocking. I work in tax and couldnt believe it had been allowed to accrue to such a huge figure. 

Was it only possible due to emergency measures brought in because of Covid? I know you could defer paying any VAT due for quite a few months, (maybe even a year)?

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CBRammette

CBRammette

Posted
Posted
4 minutes ago, Grumpy Git said:

Was it only possible due to emergency measures brought in because of Covid? I know you could defer paying any VAT due for quite a few months, (maybe even a year)?

I've no idea. I understood we had furloughed staff. There were various reliefs and relaxations.  At work we helped clients with furlough claims and HMRC were on to them very quickly threatening to claw back JRS claim amounts if any payment plan payments or monthly PAYE/NIC even slightly late notwithstanding reliefs. I've never really understand the size of the debt and apparently having staff on furlough. Have always wondered if debt includes JRS clawback amounts. Guess we will never know. 

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sage

sage

Posted
Posted

Soooo...

it looks like MM isn't being as generous with his exit strategy as first hoped

the bidders have been asked for more money

Kirchener and 1 other has complied with this

Kirchener thinks this will seal preferred bidder status

when the admins state this is still open, he throws his dummy out of the pram

the admins then say preferred bidder status is imminent. 

 

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CBRammette

CBRammette

Posted
Posted
3 hours ago, Curtains said:

On  Gadsby and Appleby .

Please save our great club .

I will be forever grateful .

 

 

I keep thinking of the video of Appleby talking about how much his wife loved us and crying at Wembley I think.  That is what I am hanging all of my hopes on - Mrs Appleby applying the pressure as only a wife can

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Derbados

Derbados

Posted
Posted

“Imminently” 

I despise that word, how many times as fans have we been told “imminently” in the last 2 years only for this “imminent” info / announcement to never materialise. 

The Admins have got to give us something soon, they’ve already missed several deadlines and I’m sure most will interpret “imminently” as today.

They certainly won’t be doing themselves any favours if further info isn’t forthcoming at some point today. 

If something doesn’t happen I can see this becoming pretty toxic (as if it isn’t enough already)

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Tamworthram

Tamworthram

Posted
Posted
10 minutes ago, CBRammette said:

I've no idea. I understood we had furloughed staff. There were various reliefs and relaxations.  At work we helped clients with furlough claims and HMRC were on to them very quickly threatening to claw back JRS claim amounts if any payment plan payments or monthly PAYE/NIC even slightly late notwithstanding reliefs. I've never really understand the size of the debt and apparently having staff on furlough. Have always wondered if debt includes JRS clawback amounts. Guess we will never know. 

We didn’t/couldn’t furlough playing staff though could we? Presumably PAYE/NIC was still due for them. PAYE/NIC on staff could that be furloughed would have been a drop in the ocean in comparison.

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Tamworthram

Tamworthram

Posted
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3 minutes ago, Derbados said:

“Imminently” 

I despise that word, how many times as fans have we been told “imminently” in the last 2 years only for this “imminent” info / announcement to never materialise. 

The Admins have got to give us something soon, they’ve already missed several deadlines and I’m sure most will interpret “imminently” as today.

They certainly won’t be doing themselves any favours if further info isn’t forthcoming at some point today. 

If something doesn’t happen I can see this becoming pretty toxic (as if it isn’t enough already)

They haven’t missed any actual “deadlines” have they? Just the ambitious “expectations” have proved a little too ambitious.

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