The Administration Thread

[Ram1988]

15 minutes ago, Eatonram said:

To put in perspective our HMRC debt of £26m, of which some will be paid....yesterday the Government admitted to having lost over £4Billion, that's £4000m to fraud on Covid support grants.

In our 140 year history we have generated £100s Millions of revenue to HMG. We need a bit of slack now...Local MPs, be aware please.

Well said !!! 

[IslandExile]

27 minutes ago, rsmini said:

After Gary Cooke’s remarks this afternoon I can see him and Kirchner coming back in with a bid. The council leader was on RD last night, and said Kirchners team were the only ones to contact the council for information 

I really hope so.

I liked the guy.

[Boycie]

1 hour ago, Ilsonram12 said:

He has a farm in Marehay, overlooked by the golf course nearby..... 

there’s a golf course in Marehay? 
 

[i-Ram]

1 minute ago, Boycie said:

there’s a golf course in Marehay? 
 

There’s a fairway in Marehay?

[Boycie]

Just now, i-Ram said:

There’s a fairway in Marehay?

I think he’s got Marehay mixed up with somewhere else?  Morley?

He don’t live at either btw.

[i-Ram]

1 minute ago, Boycie said:

I think he’s got Marehay mixed up with somewhere else?  Morley?

He don’t live at either btw.

To be fair, he doesn’t seem on his own. Posts this afternoon suggest I know more about Derbyshire than many who have lived there all their lives.

[CBRammette]

39 minutes ago, atherstoneram said:

Really makes no odds,they cannot force anyone to change their stance.

Course they can. There are ways and means. EFL is under lots of pressure I would say for their future. 

[TuffLuff]

9 minutes ago, Boycie said:

there’s a golf course in Marehay? 
 

It’s amazing what they call a meadow with some holes in nowerdays eh

[Gringo]

4 minutes ago, Boycie said:

I think he’s got Marehay mixed up with somewhere else?  Morley?

He don’t live at either btw.

Turnditch

[i-Ram]

1 minute ago, Charlotte Ram said:

Turnditch

Hey Charlotte, did you see this afternoon that £7m was being quoted for the likely settlement of the HMRC debt?

[PistoldPete]

3 minutes ago, i-Ram said:

Hey Charlotte, did you see this afternoon that £7m was being quoted for the likely settlement of the HMRC debt?

So that’s £45 million for Gibbo and £7m for Hmrc? 
 

That may seem fair in Smoggy land but not to me. 

[Gritstone Ram]

8 minutes ago, Charlotte Ram said:

Turnditch

No pal it’s a bit further on than Turnditch. 

[ilkleyram]

To those of you in despair or anger over today's announcement, stop.  However hard that may be try and stop. Think positive thoughts, deep breathe, talk, write on here, open the wine or whisky, kiss the spouse and children or dog, whatever it takes.  It was always going to be something along the lines we have heard and it is not (yet) bad news.  It could even be good news.

Every single negotiation I have been involved in - and there has been a fair few over my career much larger than that of our football club, though none as complex - has had one feature.  They’ve all gone down to the wire.  Every single one.  It’s human nature - all sides think they can squeeze a little extra.  Think Brexit (or every single negotiation with the EU ever).  We knew what was going to have to happen months and months and months out (and it’s still not finished) yet there they all were at one minute to midnight (and beyond) negotiating away, deadlines being pushed back and changed, deals being done, compromises reached. Think Northern Ireland or South Africa, Unicef or the United Nations. They’re all the same.

Our deal is about as complex as those given all the parties involved and all their different interests. There is no single ‘truth’ just as many truths as there are parties in the game. Cans will continue to be kicked down the road until the end game is reached and perhaps, just maybe, we are closer to the end game than we were this morning.  This is good news because it concentrates minds.  It’s also harder on us, who have considerable skin in the game but no direct involvement in the negotiations.

The reason we might now be in the end game come February 28th, is because that is when the Administrators say they run out of money.  At that point I suspect they have to liquidate us.  They can’t raise enough money by selling players in the next 4 days (which is good news) to run to the end of the season; they might be able to borrow funds but I suspect that option is reducing so I guess they are running out of options other than to agree a PB and get some funding that way.

The PBs will know that too and, if they stay interested, and why wouldn’t they having got this far, their opportunity to squeeze the deal is coming.

The incompetent EFL and their assorted hangers on are also having their minds concentrated.  I genuinely don’t believe the EFL want us out of business - there’s too much trouble for them in renegotiating the Championship table - not only prize money but also promotion and relegation.  We’ve taken good points off top teams; lost to lower teams - they’ll all have a claim in the outcome.  And by the end of February there will still be 30 points or so to play for, enough to change positions in the final table enough for our results to still influence.

So too Mel.  I don’t believe that he wants us to go out of business but he has a part to play and that will feed into his ego as well as his bank balance.  I have no idea how much he is currently worth, almost certainly a lot more than I am, but he has clearly signalled for a long time that his years of largesse were at an end so I would guess that he has much less than we all think he does and what he used to have. His is emotional attachment as well as financial.  So I don’t blame him one bit for continuing to have a role to play, if that is what he is doing (and none of us know).  And, unlike most I accept, I trust him still to do right by Derby County, despite the opprobium that goes his way.  We shall see.

But even when (if) a PB is announced, that is by no means the end of the game.  Negotiations will continue, possibly for months to come.  There will be good days and not so good. Cans will continue to be kicked but, hopefully, the immediate threat of liquidation will be temporarily lifted.  We will no longer have to think of Luton away as being our last match or Millwall as our last home match at Pride Park

We have a role - a really, really important one.  We have over the last 10 days successfully raised our case in all kinds of places that hadn’t thought of hearing or talking about us - Parliament, MPs, Council, BBC Breakfast, Talksport, Radio 5 Live, Radio 4 Today programme, national newspapers and all the rest.  Our job is to continue.  We HAVE to keep this going. They will all want to move on to the next big thing. Our job is to keep Derby County peacefully but consistently in the news. Keep the pressure on.   We need more from our local Radio station, our local celebrities and MPs; we need more from our councillors. We need to make the EFL and others understand the strength of feeling, feel the pressure again and again and again.  And we are the ones that can provide the pressure.

[Crewton]

1 hour ago, Stive Pesley said:

 

I did wonder that too - I thought Morris lived out near Etwall, but I can't find any mention of his home address online funnily enough 

I certainly didn't think he lived in the Derbyshire Dales

 

Hazelwood, I thought. 

They seek him here, they seek him there.... 

[Jimbo Ram]

2 minutes ago, ilkleyram said:

To those of you in despair or anger over today's announcement, stop.  However hard that may be try and stop. Think positive thoughts, deep breathe, talk, write on here, open the wine or whisky, kiss the spouse and children or dog, whatever it takes.  It was always going to be something along the lines we have heard and it is not (yet) bad news.  It could even be good news.

Every single negotiation I have been involved in - and there has been a fair few over my career much larger than that of our football club, though none as complex - has had one feature.  They’ve all gone down to the wire.  Every single one.  It’s human nature - all sides think they can squeeze a little extra.  Think Brexit (or every single negotiation with the EU ever).  We knew what was going to have to happen months and months and months out (and it’s still not finished) yet there they all were at one minute to midnight (and beyond) negotiating away, deadlines being pushed back and changed, deals being done, compromises reached. Think Northern Ireland or South Africa, Unicef or the United Nations. They’re all the same.

Our deal is about as complex as those given all the parties involved and all their different interests. There is no single ‘truth’ just as many truths as there are parties in the game. Cans will continue to be kicked down the road until the end game is reached and perhaps, just maybe, we are closer to the end game than we were this morning.  This is good news because it concentrates minds.  It’s also harder on us, who have considerable skin in the game but no direct involvement in the negotiations.

The reason we might now be in the end game come February 28th, is because that is when the Administrators say they run out of money.  At that point I suspect they have to liquidate us.  They can’t raise enough money by selling players in the next 4 days (which is good news) to run to the end of the season; they might be able to borrow funds but I suspect that option is reducing so I guess they are running out of options other than to agree a PB and get some funding that way.

The PBs will know that too and, if they stay interested, and why wouldn’t they having got this far, their opportunity to squeeze the deal is coming.

The incompetent EFL and their assorted hangers on are also having their minds concentrated.  I genuinely don’t believe the EFL want us out of business - there’s too much trouble for them in renegotiating the Championship table - not only prize money but also promotion and relegation.  We’ve taken good points off top teams; lost to lower teams - they’ll all have a claim in the outcome.  And by the end of February there will still be 30 points or so to play for, enough to change positions in the final table enough for our results to still influence.

So too Mel.  I don’t believe that he wants us to go out of business but he has a part to play and that will feed into his ego as well as his bank balance.  I have no idea how much he is currently worth, almost certainly a lot more than I am, but he has clearly signalled for a long time that his years of largesse were at an end so I would guess that he has much less than we all think he does and what he used to have. His is emotional attachment as well as financial.  So I don’t blame him one bit for continuing to have a role to play, if that is what he is doing (and none of us know).  And, unlike most I accept, I trust him still to do right by Derby County, despite the opprobium that goes his way.  We shall see.

But even when (if) a PB is announced, that is by no means the end of the game.  Negotiations will continue, possibly for months to come.  There will be good days and not so good. Cans will continue to be kicked but, hopefully, the immediate threat of liquidation will be temporarily lifted.  We will no longer have to think of Luton away as being our last match or Millwall as our last home match at Pride Park

We have a role - a really, really important one.  We have over the last 10 days successfully raised our case in all kinds of places that hadn’t thought of hearing or talking about us - Parliament, MPs, Council, BBC Breakfast, Talksport, Radio 5 Live, Radio 4 Today programme, national newspapers and all the rest.  Our job is to continue.  We HAVE to keep this going. They will all want to move on to the next big thing. Our job is to keep Derby County peacefully but consistently in the news. Keep the pressure on.   We need more from our local Radio station, our local celebrities and MPs; we need more from our councillors. We need to make the EFL and others understand the strength of feeling, feel the pressure again and again and again.  And we are the ones that can provide the pressure.

Nice little synopsis ?

[RadioactiveWaste]

In other news, I think perhaps we need a Derbyshire reference guide?

Places to avoid, STI hotspots, feral locals who'd bite your face off soon as look at you, high incidence of fetal alcohol syndrome, but enough about Codnor...

[Gringo]

14 minutes ago, i-Ram said:

Hey Charlotte, did you see this afternoon that £7m was being quoted for the likely settlement of the HMRC debt?

No I did not see that, it is difficult doing a day job and trying to keep up to date with things.

Where did you get there info from, is that a full and final or a stage payment? 

[angieram]

 

[Topram]

1 minute ago, angieram said:

 

Is Mel still involved?

[Gritstone Ram]

3 hours ago, Eatonram said:

Just emailed Parry to ask what the "ever changing circumstances" are. Difficult to stay polite to the ***t

There are a few words you could make from ***t the first one that came into my head started with a c.