atherstoneram Posted March 14, 2022 Share Posted March 14, 2022 1 minute ago, Tamworthram said: Are you suggesting we’re at an impasse then if the creditors wouldn’t accept 25% (as an example) but the new owners wouldn’t be happy to even pay that amount? I am just saying that even if creditors agree to 25% over 2 years that is over £400K per month (£500K if you include ground rent) to pay out before even recruiting more players to bring the squad up to strength. It might just be that the estimated income especially in League 1 doesn't cover the expenditure.Just my opinion and it hasn't changed,i can't see HMRC accepting 25% anyway. Link to comment Share on other sites More sharing options...
Tamworthram Posted March 14, 2022 Share Posted March 14, 2022 1 minute ago, atherstoneram said: I am just saying that even if creditors agree to 25% over 2 years that is over £400K per month (£500K if you include ground rent) to pay out before even recruiting more players to bring the squad up to strength. It might just be that the estimated income especially in League 1 doesn't cover the expenditure.Just my opinion and it hasn't changed,i can't see HMRC accepting 25% anyway. Who says it has to be over 2 years? Maybe the new buyer (if there is one ?) would prefer to pay them off in one go? Link to comment Share on other sites More sharing options...
atherstoneram Posted March 14, 2022 Share Posted March 14, 2022 Just now, Tamworthram said: Who says it has to be over 2 years? Maybe the new buyer (if there is one ?) would prefer to pay them off in one go? They might do but as we have seen the bid needs to be higher than the Binnies so no one is going to pick the club up on the cheap. If they pay them off in one go at 25% we are still under a restrictive business plan from the EFL. Link to comment Share on other sites More sharing options...
Big Trav Posted March 14, 2022 Share Posted March 14, 2022 2 hours ago, i-Ram said: No recent update from your source Big Trav? Admins not speaking to no one at the moment not even the EFL at the moment. Thats why no journos are reporting on the situation right now Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted March 14, 2022 Share Posted March 14, 2022 Apparently Kieran Maguire was discussing the behaviour of someone quite high up in the Club on a recent podcast. I've not heard it myself, would be interesting to know what was said and who it was regarding. Link to comment Share on other sites More sharing options...
twelveincher Posted March 14, 2022 Share Posted March 14, 2022 17 minutes ago, MackworthRamIsGod said: Apparently Kieran Maguire was discussing the behaviour of someone quite high up in the Club on a recent podcast. I've not heard it myself, would be interesting to know what was said and who it was regarding. I can only think of one person “high up” that’s still left… Not listened to the Pod either yet, but if anyone has I’d be interested to get a bit more insight in to what was said Link to comment Share on other sites More sharing options...
B4ev6is Posted March 14, 2022 Share Posted March 14, 2022 2 minutes ago, twelveincher said: I can only think of one person “high up” that’s still left… Not listened to the Pod either yet, but if anyone has I’d be interested to get a bit more insight in to what was said Well maybe the take over is close to be done maybe. Link to comment Share on other sites More sharing options...
davenportram Posted March 14, 2022 Share Posted March 14, 2022 53 minutes ago, atherstoneram said: I am just saying that even if creditors agree to 25% over 2 years that is over £400K per month (£500K if you include ground rent) to pay out before even recruiting more players to bring the squad up to strength. It might just be that the estimated income especially in League 1 doesn't cover the expenditure.Just my opinion and it hasn't changed,i can't see HMRC accepting 25% anyway. The 25% has to paid in full to avoid a 15 point deduction - or it’s at least 35% over a payment plan which can be for three years Link to comment Share on other sites More sharing options...
CornwallRam Posted March 14, 2022 Share Posted March 14, 2022 Just had a ridiculous thought. If HMRC will only settle for 100%, it's possible that administration will increase our debts. The only decrease will come from compromising the unsecured creditors. I believe that is about £8m. Which means @25% we save £6m. If Quantuma charge more than £6m, administration would actually cost us more than it saves. Typical isn't it, Dirty Leeds wipe out a fortune in debt and come back stronger. Leicester based their re-birth on walking away from tens of millions of debts. We even make a mess of administration and end up worse off. Mucker1884, Derby4Me, i-Ram and 1 other 2 2 Link to comment Share on other sites More sharing options...
B4ev6is Posted March 14, 2022 Share Posted March 14, 2022 10 minutes ago, CornwallRam said: Just had a ridiculous thought. If HMRC will only settle for 100%, it's possible that administration will increase our debts. The only decrease will come from compromising the unsecured creditors. I believe that is about £8m. Which means @25% we save £6m. If Quantuma charge more than £6m, administration would actually cost us more than it saves. Typical isn't it, Dirty Leeds wipe out a fortune in debt and come back stronger. Leicester based their re-birth on walking away from tens of millions of debts. We even make a mess of administration and end up worse off. But even this might not the case mate. Link to comment Share on other sites More sharing options...
RamontheMoor Posted March 14, 2022 Share Posted March 14, 2022 1 hour ago, MackworthRamIsGod said: Apparently Kieran Maguire was discussing the behaviour of someone quite high up in the Club on a recent podcast. I've not heard it myself, would be interesting to know what was said and who it was regarding. What podcast was it? Does anyone have a link please? Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted March 14, 2022 Share Posted March 14, 2022 13 minutes ago, RamontheMoor said: What podcast was it? Does anyone have a link please? I don't think the link is available yet, I could be wrong. It's Keiran Maguires POD podcast. I think it was done tonight so I assume the link will be available shortly. Apparently he spoke about someone high up at the club and their behaviour not being very good. I've seen it mentioned that this person has been treating staff poorly. RamontheMoor 1 Link to comment Share on other sites More sharing options...
Comrade 86 Posted March 14, 2022 Share Posted March 14, 2022 8 minutes ago, MackworthRamIsGod said: I don't think the link is available yet, I could be wrong. It's Keiran Maguires POD podcast. I think it was done tonight so I assume the link will be available shortly. Apparently he spoke about someone high up at the club and their behaviour not being very good. I've seen it mentioned that this person has been treating staff poorly. Best be right mate now you've stuck it on the forum... https://podcasts.apple.com/gb/podcast/roman-abramovich-sanctioned-by-uk-government-undersoil/id1482886394?i=1000553894884 Link to comment Share on other sites More sharing options...
Crewton Posted March 14, 2022 Share Posted March 14, 2022 4 minutes ago, 86 Hair Islands said: Best be right mate now you've stuck it on the forum... https://podcasts.apple.com/gb/podcast/roman-abramovich-sanctioned-by-uk-government-undersoil/id1482886394?i=1000553894884 Derby from 28.00, comment about alleged behaviour circa 30.00 iirc. Non-specific teaser perhaps awaiting validation before giving details. Link to comment Share on other sites More sharing options...
May Contain Nuts Posted March 14, 2022 Share Posted March 14, 2022 Anyone basing their opinion on what Maguire has said, or uses it to back up their previously held opinion, or creates a user account with a name dedicated to praise of someone else's 'ITK' status should immediately be laughed off the board tbf Mihangel and Ram-Alf 1 1 Link to comment Share on other sites More sharing options...
Rev Posted March 14, 2022 Share Posted March 14, 2022 (edited) 26.45 on the above linked podcast. Basically, KM had a phone call on Friday from a newly redundant employee, and in his opinion someone high up has behaved disgracefully, when asked if it was Quantuma, he said it was a bit of both. Edited March 14, 2022 by Rev RadioactiveWaste 1 Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted March 14, 2022 Share Posted March 14, 2022 32 minutes ago, 86 Hair Islands said: Best be right mate now you've stuck it on the forum... https://podcasts.apple.com/gb/podcast/roman-abramovich-sanctioned-by-uk-government-undersoil/id1482886394?i=1000553894884 I couldn't give a flying duck if I'm right or wrong..just what was mentioned on Twitter ? Comrade 86 1 Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted March 14, 2022 Share Posted March 14, 2022 27 minutes ago, Coconut's Beard said: Anyone basing their opinion on what Maguire has said, or uses it to back up their previously held opinion, or creates a user account with a name dedicated to praise of someone else's 'ITK' status should immediately be laughed off the board tbf i-Ram 1 Link to comment Share on other sites More sharing options...
May Contain Nuts Posted March 14, 2022 Share Posted March 14, 2022 (edited) 6 minutes ago, MackworthRamIsGod said: True though, it's a bit bloody weird. Be your own person. It's hard to take anything you say seriously with such a poo username, change it! Why be an eternal sycophant? Even if he's you yourself, a close friend or a family member... it's cringe factor 50! (not saying mine is any better, I don't even have a beard now) Edited March 14, 2022 by Coconut's Beard Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted March 15, 2022 Share Posted March 15, 2022 1 hour ago, Rev said: 26.45 on the above linked podcast. Basically, KM had a phone call on Friday from a newly redundant employee, and in his opinion someone high up has behaved disgracefully, when asked if it was Quantuma, he said it was a bit of both. Are we to infer Mr Pearce? Because high in the club and disgraceful would make me think that. Comrade 86 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account.
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now