Mihangel Posted January 10, 2022 Share Posted January 10, 2022 1 hour ago, simmoram1995 said: Can’t find Rich Riley’s actual worth, but he co created and founded Shazam and was on the board of yahoo for over 10 years That's not true is it? He is CEO of Shazam at the moment, I'm not sure that puts him in to the wealth category for this role! Link to comment Share on other sites More sharing options...
Sparkle Posted January 10, 2022 Share Posted January 10, 2022 The finance guys will know more than me but it seems that Middlesbrough and Wycombe are making it so that a CVA agreement cannot be made when we are purchased so that we will have a EFL imposed 15 point penalty for next season on top of our probable league one status - if that is true then various creditors would be getting even less money back as well as showing both the owners of those football clubs as the vindictive types that they clearly are ( I feel sorry for their genuine football supporters) Kathcairns, Indy, CBRammette and 1 other 2 2 Link to comment Share on other sites More sharing options...
Eddie Posted January 10, 2022 Share Posted January 10, 2022 5 minutes ago, PistoldPete said: But if they get offered more than they get in liquidation (which is nothing) why would you turn that down especially if the court has the power to enforce that? By liquidating Derby County, the money they would have raised as part of a CVA could be seen as an 'investment' in order to ensure that other clubs put their house in order and don't get themselves in the same mess Morris allowed us to get into.. One liquidated club = the Sword of Damocles hanging over everyone else = future compliance. GboroRam 1 Link to comment Share on other sites More sharing options...
Maharan Posted January 10, 2022 Share Posted January 10, 2022 12 minutes ago, PistoldPete said: But if they get offered more than they get in liquidation (which is nothing) why would you turn that down especially if the court has the power to enforce that? Your asking the wrong person. I'm a geologist, not a finance expert.. i-Ram and RadioactiveWaste 1 1 Link to comment Share on other sites More sharing options...
Crewton Posted January 10, 2022 Share Posted January 10, 2022 2 minutes ago, Eddie said: By liquidating Derby County, the money they would have raised as part of a CVA could be seen as an 'investment' in order to ensure that other clubs put their house in order and don't get themselves in the same mess Morris allowed us to get into.. One liquidated club = the Sword of Damocles hanging over everyone else = future compliance. "Getting their houses in order" after 3 seasons of Covid disruptions, including paying back their EFL and other loans should create an awful lot of fun and games. Eddie and I know nuffin 2 Link to comment Share on other sites More sharing options...
PistoldPete Posted January 10, 2022 Share Posted January 10, 2022 2 minutes ago, Eddie said: By liquidating Derby County, the money they would have raised as part of a CVA could be seen as an 'investment' in order to ensure that other clubs put their house in order and don't get themselves in the same mess Morris allowed us to get into.. One liquidated club = the Sword of Damocles hanging over everyone else = future compliance. No Court would take the same view. The court would need to look at all creditors , and so do the admin team, who are appointed by a court. Liquidation is not in the interests of anyone. Link to comment Share on other sites More sharing options...
ariotofmyown Posted January 10, 2022 Share Posted January 10, 2022 2 minutes ago, Maharan said: Your asking the wrong person. I'm a geologist, not a finance expert.. That sounds like a punchline to a joke! Chester40 1 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted January 10, 2022 Share Posted January 10, 2022 2 minutes ago, Maharan said: Your asking the wrong person. I'm a geologist, not a finance expert.. Do you make the bed rock or are you all superficial deposits? ariotofmyown and Maharan 2 Link to comment Share on other sites More sharing options...
Foreveram Posted January 10, 2022 Share Posted January 10, 2022 3 minutes ago, Maharan said: Your asking the wrong person. I'm a geologist, not a finance expert.. are we between a rock and a hard place SamUltraRam, GlastoEls, RadioactiveWaste and 1 other 1 3 Link to comment Share on other sites More sharing options...
May Contain Nuts Posted January 10, 2022 Share Posted January 10, 2022 (edited) 4 minutes ago, PistoldPete said: No Court would take the same view. The court would need to look at all creditors , and so do the admin team, who are appointed by a court. Liquidation is not in the interests of anyone. Other than the EFL and our direct competitors ...or at the very least it isn't not in their interests Derby not existing really wouldn't have any significant negative effect on anyone outside of Derbyshire. Edited January 10, 2022 by Coconut's Beard Link to comment Share on other sites More sharing options...
Van der MoodHoover Posted January 10, 2022 Share Posted January 10, 2022 5 hours ago, Unlucky Alf said: Wow that I didn't know, A mistake on my behalf for the pictures I put up, Appologies for that ? "Amanda Staveley has previously struggled with a severe brain disorder that has the potential to progress to dementia. Furthermore, Amanda was diagnosed with Huntington's disease in 2013, a degenerative ailment that affects people in their older years, and she has been living with the disease ever since" Wasn’t meant as a dig at you mate. I'm the least politically correct person I know...... ? Link to comment Share on other sites More sharing options...
Ram-Alf Posted January 10, 2022 Share Posted January 10, 2022 7 minutes ago, Maharan said: Your asking the wrong person. I'm a geologist, not a finance expert.. You are Adam Bolder and I claim that fiver archram, RadioactiveWaste, Steve How Hard? and 6 others 9 Link to comment Share on other sites More sharing options...
Maharan Posted January 10, 2022 Share Posted January 10, 2022 Ah well done all. You've not disappointed! Eddie, GenBr and RadioactiveWaste 1 2 Link to comment Share on other sites More sharing options...
Rambalin Posted January 10, 2022 Share Posted January 10, 2022 1 hour ago, MackworthRamIsGod said: Quick Google shows he is worth "at least 1.2 million dollars". I'm guessing that website is incorrect. A little digging and I found one that's says 161 million dollars Link to comment Share on other sites More sharing options...
Indy Posted January 10, 2022 Share Posted January 10, 2022 25 minutes ago, Sparkle said: The finance guys will know more than me but it seems that Middlesbrough and Wycombe are making it so that a CVA agreement cannot be made when we are purchased so that we will have a EFL imposed 15 point penalty for next season on top of our probable league one status - if that is true then various creditors would be getting even less money back as well as showing both the owners of those football clubs as the vindictive types that they clearly are ( I feel sorry for their genuine football supporters) That’s what it looks like. Would that not be the very definition of vexatious legal action? Link to comment Share on other sites More sharing options...
Ram-Alf Posted January 10, 2022 Share Posted January 10, 2022 2 minutes ago, Van der MoodHoover said: Wasn’t meant as a dig at you mate. I'm the least politically correct person I know...... ? I know that fella, I've made my peace with the Lord ?, My next door neighbour Mary I said Hell to her 3 times ? Link to comment Share on other sites More sharing options...
RoyMac5 Posted January 10, 2022 Share Posted January 10, 2022 13 minutes ago, Rambalin said: A little digging and I found one that's says 161 million dollars Less than Mel. Link to comment Share on other sites More sharing options...
oldtimeram Posted January 10, 2022 Share Posted January 10, 2022 34 minutes ago, Mihangel said: That's not true is it? He is CEO of Shazam at the moment, I'm not sure that puts him in to the wealth category for this role! I read his net worth is only $1.5 million. Peanuts Link to comment Share on other sites More sharing options...
TuffLuff Posted January 10, 2022 Share Posted January 10, 2022 A missed tweet because your all talking about…actually I’m not quite sure what’s been talking about…but anyway this is probably more relevant IslandExile 1 Link to comment Share on other sites More sharing options...
SirBrian Posted January 10, 2022 Share Posted January 10, 2022 9 minutes ago, TuffLuff said: A missed tweet because your all talking about…actually I’m not quite sure what’s been talking about…but anyway this is probably more relevant Do not like this Property developer! PP housing estate!!!!!!! jimtastic56 1 Link to comment Share on other sites More sharing options...
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