BramcoteRam84 Posted January 21, 2022 Share Posted January 21, 2022 2 minutes ago, RadioactiveWaste said: Dell and MSD don't want less money so some of it can be given to Gibson? What a shocking stance. I'm blown away a financial lender would take that view. He wants the MSD money and for Mel to pay MSD off RadioactiveWaste, RoyMac5 and r_wilcockson 2 1 Link to comment Share on other sites More sharing options...
rams_man Posted January 21, 2022 Share Posted January 21, 2022 30 minutes ago, I know nuffin said: The byline on that story has now been changed. Not Nixon who is adamant rich is still in Think you mixing that up with the Burnley story. The Derby one is still Nixons story. Link to comment Share on other sites More sharing options...
duncanjwitham Posted January 21, 2022 Share Posted January 21, 2022 Just now, BramcoteRam84 said: He wants the MSD money and for Mel to pay MSD off This is what I don't get. That's certainly what he seems to want, but if the MSD loan doesn't get paid off in full, surely they just get the stadium? And then the whole deal probably falls though (because the bidders definitely don't want the stadium owned by someone else, and potentially sold on to who-ever-knows in the future). And then nobody gets anything. I don't see how he can force Mel to pay off the stadium loan? Unless he's gambling on Mel to just step and pay to prevent MSD taking ownership, but I think we're well past the point where Mel is going to stump any major cash. r_wilcockson, BramcoteRam84 and RadioactiveWaste 3 Link to comment Share on other sites More sharing options...
RoyMac5 Posted January 21, 2022 Share Posted January 21, 2022 (edited) I can't believe that if Q are saying "The administrators have received 3 QC opinions to the effect that the claims are unlikely to ever succeed in a court of law. ", that any potential bidder would offer to pay off Boro? Edited January 21, 2022 by RoyMac5 RadioactiveWaste, Kathcairns, r_wilcockson and 1 other 4 Link to comment Share on other sites More sharing options...
roboto Posted January 21, 2022 Share Posted January 21, 2022 8 minutes ago, angieram said: Yes it is and has been taken down now. The posts or the idiot? ? i-Ram, DarkFruitsRam7 and Ram-Alf 3 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted January 21, 2022 Share Posted January 21, 2022 2 minutes ago, roboto said: The posts or the idiot? ? Ramstrust give their own street justice. DarkFruitsRam7, RoyMac5, roboto and 1 other 4 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted January 21, 2022 Share Posted January 21, 2022 3 minutes ago, RoyMac5 said: I can't believe that if Q are saying "The administrators have received 3 QC opinions to the effect that the claims are unlikely to ever succeed in a court of law. ", that any potential bidder would offer to pay off Boro? Because Gibson and Couhig probably have three QC opinions that they'd win substantial damages in a court of law. DarkFruitsRam7, Gritstone Tup, Ram-Alf and 1 other 2 2 Link to comment Share on other sites More sharing options...
Geoff Parkstone Posted January 21, 2022 Share Posted January 21, 2022 10 minutes ago, RadioactiveWaste said: Dell and MSD don't want less money so some of it can be given to Gibson? What a shocking stance. I'm blown away a financial lender would take that view. MSD wont give a damn, they have a fixed charge over the ground to cover their 20m and probably other security from MM personally. With a ground worth £81m to cover them - well OK, maybe £ 40m - they shouldn't care what happens. But HMRC will since anything for an unproven creditor cuts into their payput RadioactiveWaste 1 Link to comment Share on other sites More sharing options...
Ramos Posted January 21, 2022 Share Posted January 21, 2022 1 hour ago, RedSox said: Lol hmmm - well according to Alan on Monday Mike Ashley was going to sort this so why should we be worried if that was true? Also haven’t people done research and found this rich Riley to not have enough money to be a main backer?? Link to comment Share on other sites More sharing options...
ariotofmyown Posted January 21, 2022 Share Posted January 21, 2022 Just now, RadioactiveWaste said: Ramstrust give their own street justice. The paramilitary wing sort that sort of thing out. It's why they dub @angieram's voice with an actor whenever she appears on tv. Ram-Alf, RadioactiveWaste, DarkFruitsRam7 and 3 others 1 5 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted January 21, 2022 Share Posted January 21, 2022 Just now, Geoff Parkstone said: MSD wont give a damn, they have a fixed charge over the ground to cover their 20m and probably other security from MM personally. With a ground worth £81m to cover them - well OK, maybe £ 40m - they shouldn't care what happens. But HMRC will since anything for an unproven creditor cuts into their payput Good point Link to comment Share on other sites More sharing options...
Ramos Posted January 21, 2022 Share Posted January 21, 2022 (edited) 1 minute ago, RadioactiveWaste said: Because Gibson and Couhig probably have three QC opinions that they'd win substantial damages in a court of law. I’m not sure I’d trust Gibson to find a sane QC after the valuer he found comparing pride park to Morecambe's ground and based on the apprentice he used to write his copy. Edited January 21, 2022 by Ramos Ramarena, RadioactiveWaste and r_wilcockson 3 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted January 21, 2022 Share Posted January 21, 2022 Just now, Ramos said: I’m not sure I’d trust Gibson to find a sane QC after the valuer comparing pride park to Morecambe's grounds and based on the apprentice he used to write his copy. Why would he need a QC when he has Lionel Hutz, sorry, Rob Couhig in his corner? The Key Club King and Ramarena 2 Link to comment Share on other sites More sharing options...
Leeds Ram Posted January 21, 2022 Share Posted January 21, 2022 40 minutes ago, ollycutts1982 said: Ye Jordan said it. He said he knew the 2 bidders and knew for a fact they’d spoken with MFC. don't take anything jordan says seriously, the guys a joke. Apparently 'big news' was on its way the other day and we've still not heard any 'big news' be announced. Kathcairns, Derby4Me and Ramarena 2 1 Link to comment Share on other sites More sharing options...
BramcoteRam84 Posted January 21, 2022 Share Posted January 21, 2022 7 minutes ago, duncanjwitham said: This is what I don't get. That's certainly what he seems to want, but if the MSD loan doesn't get paid off in full, surely they just get the stadium? And then the whole deal probably falls though (because the bidders definitely don't want the stadium owned by someone else, and potentially sold on to who-ever-knows in the future). And then nobody gets anything. I don't see how he can force Mel to pay off the stadium loan? Unless he's gambling on Mel to just step and pay to prevent MSD taking ownership, but I think we're well past the point where Mel is going to stump any major cash. It creates a problem yes, think Gibson will push it all the way to force Mel’s hand. But ultimately if it’s that or liquidation, I’d hope either the lawyers win and we find a way around it and give Gibson duck all, or the preferred bidder settles with Gibson as galling as it would be. The one positive of all the updates this week is the EFLs offer of independent mediation. Maybe that combined with side conversations with Gibson has given the preferred bidder the confidence to commit funding for the rest of the season. We will find out soon enough. Anag Ram 1 Link to comment Share on other sites More sharing options...
duncanjwitham Posted January 21, 2022 Share Posted January 21, 2022 2 minutes ago, Geoff Parkstone said: MSD wont give a damn, they have a fixed charge over the ground to cover their 20m and probably other security from MM personally. With a ground worth £81m to cover them - well OK, maybe £ 40m - they shouldn't care what happens. But HMRC will since anything for an unproven creditor cuts into their payput I guess the question is, how much do MSD think the stadium is worth with no football club to play there. The fact they seemed willing to loan us another £4m when went into admin suggests that (at the time at least), they valued it higher than the £20m they had secured against it already. But the fact they now seem unwilling to lend any more, suggests by not much more that what's secured against already (and I know circumstances have changed between September and now, so it's not a simple comparison). RadioactiveWaste 1 Link to comment Share on other sites More sharing options...
BramcoteRam84 Posted January 21, 2022 Share Posted January 21, 2022 1 minute ago, Leeds Ram said: don't take anything jordan says seriously, the guys a joke. Apparently 'big news' was on its way the other day and we've still not heard any 'big news' be announced. He elaborated that he knows two of the bidders and knows they’ve spoken to Gibson - that was the basis of his big news that something will be sorted out. Link to comment Share on other sites More sharing options...
Rambalin Posted January 21, 2022 Share Posted January 21, 2022 46 minutes ago, ollycutts1982 said: Being discussed on Talksport now. Apparently 2 of the 3 bidders have spoken with MFC and are happy to deal with them in isolation away from the administrators. Also, the issue is with DEL and MSD. Back in the administrators court. ?? Have listened to Jordan on this all week he jumps around all over the place each day it is someone else's fault. RoyMac5, RadioactiveWaste, LazloW and 3 others 1 5 Link to comment Share on other sites More sharing options...
Jimbo Ram Posted January 21, 2022 Share Posted January 21, 2022 17 minutes ago, RoyMac5 said: I can't believe that if Q are saying "The administrators have received 3 QC opinions to the effect that the claims are unlikely to ever succeed in a court of law. ", that any potential bidder would offer to pay off Boro? Maybe a token gesture and everyone saves face Roy Mac?? Link to comment Share on other sites More sharing options...
GboroRam Posted January 21, 2022 Share Posted January 21, 2022 Just now, Jimbo Ram said: Maybe a token gesture and everyone saves face Roy Mac?? Even a token gesture breaches insolvency law. And I think Gibson is looking for more than an opportunity to save face. Link to comment Share on other sites More sharing options...
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