The Administration Thread

[RoyMac5]

 

[Eatonram]

20 minutes ago, HorsforthRam said:

 

Love Punjabi Rams but really do not like the letter...sorry.

[i-Ram]

MFC understands that the debt owed to MSD is (i) personally guaranteed by Mr Morris and (ii) is secured against the stadium. This means that Mr Morris has agreed to pay the MSD debt if there is a shortfall. Is this correct? And, if so, what contribution is being sought from Mr Morris?

I think Mr Stephen Gibson you are getting yourself in a mystifying tizz.

Firstly it is none of your business, you muppet.

Secondly, you cannot be so stupid not to realise that if Morris doesn’t cover any shortfall to MSD in full, MSD can appoint a receiver to take possession of the stadium. 

Thirdly might you explain how, at this point in time, the Administrators can actually work out what the bloody shortfall for MSD might be if a) they don’t know how much they might have to actually allocate to deal with your spurious claims, b) they cannot select a Preferred Bidder until your spurious claim has been dealt with, and c) they don’t know whether ultimately The Club can come out of administration or whether it will have to be liquidated (if they cannot get a Preferred Bidder’s bid up to a figure that would be agreed to by a majority of creditors including possibly you).

[Jimbo Ram]

3 minutes ago, Eatonram said:

Love Punjabi Rams but really do not like the letter...sorry.

Agree. I really think everyone needs to remain civil but surely they need to challenge the fantasy claims ie what precedent is there for their actions, the amount of the claim, his collusion with the EFL, conflict of interest with him being an EFL member and the can of worms such a case will open…..all in a pleasant and professional manner…..

[RadioactiveWaste]

5 minutes ago, Eatonram said:

Love Punjabi Rams but really do not like the letter...sorry.

I think it's fine coming from a supporters group, and more likely to get a sympathetic ear than a "take your claims and stick em we won't forget you" type of approach.

As it's coming from a supporters group, it's not going to have any effect on the actual positions of any of the parties involved.

Think they could've directed Couhig towards EFL process lines though. Because that's where Wycombe's beef should be, and if it were, I might even consider it having a small amount of merit.

[JfR]

I'm starting to come around to Nicko

[Indy]

2 hours ago, Animal is a Ram said:

 

Guess who's back!

Well. There it is. 

Don't you dare pretend you care about the Derby fans. No.

You mean the stadium sale that was ruled as OK? That other teams have done too? It was, and (unless I'm mistaken) still is well within the rules. Amazing that they aren't going after the amortisation - that would make way more sense!

I'm even more angry now.

I hope they have that last bit about the stadium in writing in court papers. Their dodgy deal with the EFL was that they could go after us if we were found guilty of a breach (hence the gerrymandered accounting notes breach that the EFL cooked up). If they’re going after us for the stadium sale, that is out of the terms of the breach (and indeed already failed a panel) - so we would be in our rights to insist that the EFL take action against them for acting outwith the agreement - and we would definitely be an affected party in that case (and therefore entitled to put forward evidence and claim compensation). 

[papa_lazarou]

Arbitration is a waste of time, others have said it before, this has to go before a judge. Then hopefully people will start to deal with facts and not fantasy to determine an outcome which can finally end this never ending nightmare.

Gibson and Boro are entitled to nothing. Couhig being an American thinks litigation is the answer to everything, he falls into the ambulance chaser category. Wycombe are also entitled to nothing. Neither of them should be entertained or included in any discussions. It’s about time Gibson’s financial dealings are scrutinised, let’s see how clean he is!

The EFL are a weak, spineless organisation run by halfwits who I wouldn’t leave in charge of a kettle never mind oversee 72 football clubs. They are the babysitter you know you shouldn’t leave your kids with!

It has to go to the High Court for a full adjudication, and yes there are potential risks with this, but it can’t be any worse than seeing our football club evaporate in front of our eyes.

If we win, then we sue for damages against the EFL stopping us retaining our players and Gibson/Couhig for the same due to holding up the sale.

The torture has to stop one way or the other and as others have said if these ridiculous claims of compensation based on fantasy are upheld, the floodgates will open.  I believe the EFL are done for as a governing body either way.

The next worrying development I fear is Rooney chucks the towel in. How many more lies, half-truths will he stand for before he’s had enough?

Regardless….. We fight to the end!

Keep the faith my fellow Black and White warriors! I can’t support another club if we vanish, I’d be done with football.

[i-Ram]

31 minutes ago, HorsforthRam said:

 

I would in truth rather they had advised Gibson of their beliefs that human beings spend their time in a cycle of birth, life, and rebirth, and if he isn’t careful he will return to the world as a cockroach. That would be proper Karma.

[PistoldPete]

5 minutes ago, i-Ram said:

MFC understands that the debt owed to MSD is (i) personally guaranteed by Mr Morris and (ii) is secured against the stadium. This means that Mr Morris has agreed to pay the MSD debt if there is a shortfall. Is this correct? And, if so, what contribution is being sought from Mr Morris?

I think Mr Stephen Gibson you are getting yourself in a mystifying tizz.

Firstly it is none of your business, you muppet.

Secondly, you cannot be so stupid not to realise that if Morris doesn’t cover any shortfall to MSD in full, MSD can appoint a receiver to take possession of the stadium. 

Thirdly might you explain how, at this point in time, the Administrators can actually work out what the bloody shortfall for MSD might be if a) they don’t know how much they might have to actually allocate to deal with your spurious claims, b) they cannot select a Preferred Bidder until your spurious claim has been dealt with, and c) they don’t know whether ultimately The Club can come out of administration or whether it will have to be liquidated (if they cannot get a Preferred Bidder’s bid up to a figure that would be agreed to by a majority of creditors including possibly you).

And from Quantuma talk last Sunday hosking said he didn’t know how much dosh Morris has. So whether he has the readies to make up any shortfall no one knows.
 

I guess the plan is Morris sells the stadium either to the buyer if the club or to a third party and the  sale of the stadium will cover the Msd loan.

I wouldn’t want to rely on Morris to make up any shortfall much as I would like him to. 

[Eatonram]

1 minute ago, i-Ram said:

I would in truth rather they had advised Gibson of their beliefs that human beings spend their time in a cycle of birth, life, and rebirth, and if he isn’t careful he will return to the world as a cockroach. That would be proper Karma.

Now that's more like it!

I just could not bring myself to be conciliatry to Gibson...he has been far too disingenuous to deserve any civility from Derby Supporters. 

[RadioactiveWaste]

4 minutes ago, i-Ram said:

I would in truth rather they had advised Gibson of their beliefs that human beings spend their time in a cycle of birth, life, and rebirth, and if he isn’t careful he will return to the world as a cockroach. That would be proper Karma.

Na, they thrive in polluted environments such as teesside...

[papa_lazarou]

1 minute ago, RadioactiveWaste said:

Na, they thrive in polluted environments such as teesside...

 

[Day]

1 minute ago, papa_lazarou said:

If we win, then we sue for damages against the EFL stopping us retaining our players and Gibson/Couhig for the same due to holding up the sale.

Would be a very interesting case for the new owner to take on, one that I would be supportive of if they can prove that the administrators were willing to accept their bid before the January transfer window, and these claims were the only thing that prevented them proceeding. You could have a strong case for damages for the loss of players and extra administration fees incurred.

Not sure about bringing Gibson and Couhig into it, whilst they made the claims, it’s the EFL entertaining the idea they are football debts. 

I know some would prefer for us not to engage in a further war with the EFL, however the time to kiss and make up has long gone, by bringing a claim for damages to the courts would help to ultimately see why we are desperately in need of an independent regulator.

[Archie]

Could it be that the administrators are already pushing for the high court and steps are being taken/in process and thus the nasties - EFL and Boro know this and are rushing out statements in a last ditch desperate attempt to get somewhere/save face as they know soon it's all going to come crashing down and be chucked out? Parasite Gibson's statement shifting the focus again back on to the stadium argument suggests their original claim is dead and their clinging on to anything by their grubby fingertips.

I think they know its over for them all. 

Take them to the high court, get it laughed out and then counter sue the hell out of them all guns blazing. 

We will win this. We will survive and thrive.

Edited February 4, 2022 by Archie

[Yani P]

Let's be honest the EFL are so incompetent they couldn't pour beer from a boot if the instructions were written on the heel...

[Ram a lamb a ding dong]

Where the duck are Q????

Spineless and useless

[Ram a lamb a ding dong]

5 minutes ago, Archie said:

Could it be that the administrators are already pushing for the high court and steps are being taken/in process and thus the nasties - EFL and Boro are rushing out statements in a last ditch desperate attempt to get somewhere/save face as they know soon it's all going to come crashing down and be chucked out? Parasite Gibson's statement shifting the focus again back on to the stadium argument suggests their original claim is dead and their clinging on to anything by their grubby fingertips.

I think they know its over for them all. 

Take them to the high court, get it laughed out and then counter sue the hell out of them all guns blazing. 

We will win this. We will survive and thrive.

I did think this but negativity has swamped me today

[papa_lazarou]

4 minutes ago, David said:

Would be a very interesting case for the new owner to take on, one that I would be supportive of if they can prove that the administrators were willing to accept their bid before the January transfer window, and these claims were the only thing that prevented them proceeding. You could have a strong case for damages for the loss of players and extra administration fees incurred.

Not sure about bringing Gibson and Couhig into it, whilst they made the claims, it’s the EFL entertaining the idea they are football debts. 

I know some would prefer for us not to engage in a further war with the EFL, however the time to kiss and make up has long gone, by bringing a claim for damages to the courts would help to ultimately see why we are desperately in need of an independent regulator.

By bringing the initial claim they are accountable. Without the claim there is no obstacle to the sale(at least not from other clubs).

Surely (and i'm guessing here) it's like making a fraudulant insurance claim when you claim you TV lept off the wall and damaged itself, when in reality you smashed it up in anger?

[RadioactiveWaste]

I do think the desire for a settlement from MFC and EFL is more because that's the outcome that validates their actions far more than any court decision is likely to.