DarkFruitsRam7 Posted March 18, 2022 Share Posted March 18, 2022 (edited) Can't help but feel Quantuma bigged up how much of an obstacle to selling the club Boro's claim represented. I've certainly not been "pleasantly surprised" by the speed of progress since it was removed. Edited March 18, 2022 by DarkFruitsRam7 Abu Derby, RedSox, Rammy03 and 11 others 7 1 6 Link to comment Share on other sites More sharing options...
Charliegeorge1962 Posted March 18, 2022 Share Posted March 18, 2022 As every week passes by it looks like the club will fold in the summer. But there is always a phoenix from the ashes ...... jimtastic56 1 Link to comment Share on other sites More sharing options...
Carl Sagan Posted March 18, 2022 Share Posted March 18, 2022 In the previous 1073 pages this may have been covered, but why don't the administrators simply give a final deadline for bidders (a sort of sealed bids scenario) and then take the highest, name them as the preferred bidder and proceed with the sale? jimtastic56, David Graham Brown, jono and 4 others 7 Link to comment Share on other sites More sharing options...
B4ev6is Posted March 18, 2022 Share Posted March 18, 2022 How do you know festy has left I not seen a thing about that. 1967RAMS 1 Link to comment Share on other sites More sharing options...
Alty_Ram Posted March 18, 2022 Share Posted March 18, 2022 2 minutes ago, Carl Sagan said: In the previous 1073 pages this may have been covered, but why don't the administrators simply give a final deadline for bidders (a sort of sealed bids scenario) and then take the highest, name them as the preferred bidder and proceed with the sale? What ? Madness ! jimtastic56 and Carl Sagan 1 1 Link to comment Share on other sites More sharing options...
Rev Posted March 18, 2022 Share Posted March 18, 2022 48 minutes ago, Curtains said: Multiple bidders my arse £7.50 and you can keep the Vaseline. David Graham Brown and Derby4Me 2 Link to comment Share on other sites More sharing options...
ramboy63 Posted March 18, 2022 Share Posted March 18, 2022 1 minute ago, Carl Sagan said: In the previous 1073 pages this may have been covered, but why don't the administrators simply give a final deadline for bidders (a sort of sealed bids scenario) and then take the highest, name them as the preferred bidder and proceed with the sale? I think they would if they could,these potential buyers are business men at the end of the day and will not pay over the odds for a club that will be potentially in a lower division,if we were relegated by now the deal would of been done and dusted for sure by now,however the longer this drags on the less players we will have at our disposal as most are out of contract at the end of this season and with no buyer in place means no new contacts for them,these are dark times indeed Link to comment Share on other sites More sharing options...
Rammy03 Posted March 18, 2022 Share Posted March 18, 2022 3 minutes ago, B4ev6is said: How do you know festy has left I not seen a thing about that. Ted McMinn Football Genius, Kinder, Derby4Me and 2 others 4 1 Link to comment Share on other sites More sharing options...
Tamworthram Posted March 18, 2022 Share Posted March 18, 2022 17 minutes ago, Gee SCREAMER !! said: HMRC will be in the driving seat on this one as the main creditor and a preferred one. If agreements not reached with them it feeds down the chain and those with less debt and less chance of getting should the club liquidate will agree relatively easily. 4 years since I worked there as I say with this level of liability - although its a rarity. Based on this 35-40% would be enough with review plan over 3 years to collect hopefully as much as possible Thanks for that and I agree that HMRC are very much the key creditors but, do we know the offer to them is in the range of 35-40%? Also, again - apologies as no offence intended, but you’ve not worked there since the rules were changed and HMRC were promoted to preferred debtors have you? Maybe, they’re playing more hard ball now. All I’m trying to say is, it may well be the reason for the delay, we don’t actually know it is Mel that is the cause for the delay - either in full or part. RedSox, jimtastic56 and atherstoneram 3 Link to comment Share on other sites More sharing options...
SaffyRam Posted March 18, 2022 Share Posted March 18, 2022 5 minutes ago, B4ev6is said: How do you know festy has left I not seen a thing about that. It’s been on radio Derby, including a snippet of Rooney talking about it. jimtastic56 1 Link to comment Share on other sites More sharing options...
B4ev6is Posted March 18, 2022 Share Posted March 18, 2022 1 minute ago, Rammy03 said: Oh flaming hell That time to protest against Q If they wont hurry up let's force them too. This our club they are messing with. atherstoneram and 1967RAMS 2 Link to comment Share on other sites More sharing options...
MaltRam Posted March 18, 2022 Share Posted March 18, 2022 1 hour ago, Curtains said: Multiple bidders my arse Busy Friday then Curtains. SaffyRam, LeedsCityRam, David Graham Brown and 1 other 4 Link to comment Share on other sites More sharing options...
Tamworthram Posted March 18, 2022 Share Posted March 18, 2022 7 minutes ago, B4ev6is said: Oh flaming hell That time to protest against Q If they wont hurry up let's force them too. This our club they are messing with. How can Q force bidders to increase their offer, creditors to reduce their demands, Mel to reach agreement regarding the stadium or whatever is causing the hold up? atherstoneram 1 Link to comment Share on other sites More sharing options...
TomTom92 Posted March 18, 2022 Share Posted March 18, 2022 17 minutes ago, Carl Sagan said: In the previous 1073 pages this may have been covered, but why don't the administrators simply give a final deadline for bidders (a sort of sealed bids scenario) and then take the highest, name them as the preferred bidder and proceed with the sale? I Imagine if they did execute this plan the highest bid would mean -15 in league 1 and admins probably don’t want this on our record. They’re probably hoping we stay up so either the bids go up, other parties come in or -15 in championship it is. By trying to stay up we’ve probably done ourselves more harm. Link to comment Share on other sites More sharing options...
Gee SCREAMER !! Posted March 18, 2022 Share Posted March 18, 2022 6 minutes ago, Tamworthram said: Thanks for that and I agree that HMRC are very much the key creditors but, do we know the offer to them is in the range of 35-40%? Also, again - apologies as no offence intended, but you’ve not worked there since the rules were changed and HMRC were promoted to preferred debtors have you? Maybe, they’re playing more hard ball now. All I’m trying to say is, it may well be the reason for the delay, we don’t actually know it is Mel that is the cause for the delay - either in full or part. You'll appreciate I can't go into this much more. I don't work there now but others do who have an idea under the current regs,. I'd back my experience of over 20 years working in taxation -with some statistical work outside for a period- to know regardless. Mel needs to pay off that loan and take a rent on the ground, not rely on the new buyer to fund his accord by the back door - always the showman Link to comment Share on other sites More sharing options...
B4ev6is Posted March 18, 2022 Share Posted March 18, 2022 14 minutes ago, Tamworthram said: How can Q force bidders to increase their offer, creditors to reduce their demands, Mel to reach agreement regarding the stadium or whatever is causing the hold up? Well is the fans need to increase the pressure on admin now and help rooney out on this we need to make our feeling clear towards them. 1967RAMS and Miggins 1 1 Link to comment Share on other sites More sharing options...
Zag zig Posted March 18, 2022 Share Posted March 18, 2022 35 minutes ago, AndyinLiverpool said: And all the time the value of the club goes down. Which is a perfect scenario if you want to get the club on cheap, same goes for the ground. The power is with any potential buyers right now. Q wanted a bidding war, unfortunately as our chances of championship survival get slimmer, it’s more like a reverse auction, with the bids getting cheaper. Highly doubt they will get much future business, after the “pigs ear” they have made of this process; as I’ve said elsewhere though, they are not to blame for the situation we’re in, just ineffective in fans ambitions to remain in this division. Link to comment Share on other sites More sharing options...
GeneralRam Posted March 18, 2022 Share Posted March 18, 2022 (edited) The slow bleed continues. Obligatory Mel Morris is a twit. If any of you need reminding. Edited March 18, 2022 by GeneralRam jimtastic56 1 Link to comment Share on other sites More sharing options...
Mucker1884 Posted March 18, 2022 Share Posted March 18, 2022 Have I mis-read that Q Statement/open letter, or were there a lot more mentions of "You" and "Your" this time? Are they beginning to distance themselves from the club a bit more, now that their freebie Directors Seats are starting to look less attractive as each game passes? Link to comment Share on other sites More sharing options...
IslandExile Posted March 18, 2022 Share Posted March 18, 2022 It's been said by several, in defence of the Administrators, that they cannot force the interested parties to increase their bids. Fair enough. Perfectly true. But they have declined bids from Kirchner and the Binnies that, to me, didn't seem that far away from the reported asking price. So, even if it had meant the extra 15 point deduction for not being able to pay the debts in full, at least we would have new owners and a future. Carl Sagan 1 Link to comment Share on other sites More sharing options...
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