Rev Posted May 8, 2022 Share Posted May 8, 2022 As far as I was aware, Mel pumped his money into Derby County Football Club indirectly, by purchasing shares in a holding company. This holding company then invested the money from Mel into the club, so leaving the club debt free as far as Morris is concerned. Obviously this may have stopped at some point, as we can't see the accounts we can't tell how we were funded (or not) in more recent years. I'm not sure he's got the leverage people assume, if the debt isn't owed by the club. After all, that was surely the point in funding us that way. Link to comment Share on other sites More sharing options...
PistoldPete Posted May 8, 2022 Share Posted May 8, 2022 8 minutes ago, Gritstone Ram said: I wouldn’t be too bothered about preferred bidder status no one else has put one in. But its the exclusivity period that needs extending. Don't really want Kirchner dropping out now otherwise probably bye bye to rooney and nearly all the players. Link to comment Share on other sites More sharing options...
Ram-Alf Posted May 8, 2022 Share Posted May 8, 2022 49 minutes ago, Andicis said: Mel refusing to deal with Kirchner in any way and blocking him at all costs because it's personal isn't game changing? Wasn't there an issue with CK calling MM something derogatory on his twitter account a few months back before CK came back to be PB? nogbad van 50 1 Link to comment Share on other sites More sharing options...
Norman Posted May 8, 2022 Share Posted May 8, 2022 5 minutes ago, Unlucky Alf said: Wasn't there an issue with CK calling MM something derogatory on his twitter account a few months back before CK came back to be PB? It wasn't derogatory. It was factual. Tyler Durden, Indy, r_wilcockson and 1 other 2 1 1 Link to comment Share on other sites More sharing options...
BuckoBeast Posted May 8, 2022 Share Posted May 8, 2022 All waiting for the dreaded tweet RedSox 1 Link to comment Share on other sites More sharing options...
Rammy03 Posted May 8, 2022 Share Posted May 8, 2022 28 minutes ago, B4ev6is said: Are mel and kircher still talking Long meeting if so Link to comment Share on other sites More sharing options...
jono Posted May 8, 2022 Share Posted May 8, 2022 8 hours ago, Tyler Durden said: Number 1 you're on Twitter so nonsense like that is standard fair, God knows why Elon Musk is interested in the platform. Because Musk is a big “I AM” like Trump, and recognises that there is a ready made mob on Twitter who are small I AM’s Now, that’s not to say Musk isn’t a ground breaker with vision; but he is undoubtedly a “type” and no matter how clever or inspired, like Twitter, I find him an unpleasant bully who’s content is of questionable value. Ramrob 1 Link to comment Share on other sites More sharing options...
jono Posted May 8, 2022 Share Posted May 8, 2022 15 minutes ago, derby8 said: He's deciding between Derby and Birmingham, apparently. Do you have a source for this ? Or are you just chatting and speculating ? Link to comment Share on other sites More sharing options...
AndyinLiverpool Posted May 8, 2022 Share Posted May 8, 2022 5 minutes ago, BuckoBeast said: All waiting for the dreaded tweet I suspect it could come quite soon Link to comment Share on other sites More sharing options...
RedSox Posted May 8, 2022 Share Posted May 8, 2022 (edited) 3 minutes ago, AndyinLiverpool said: I suspect it could come quite soon Certainly by the time he jets off tomorrow. So sad to watch this ‘death of a thousand cuts’. I wonder how much thought goes into the impact on certain fans’ mental health by the people holding this deal up for whatever reasons. ? Edited May 8, 2022 by RedSox Fat fingers Link to comment Share on other sites More sharing options...
Mihangel Posted May 8, 2022 Share Posted May 8, 2022 27 minutes ago, Norman said: It wasn't derogatory. It was factual. The two things aren't mutually exclusive, I could call you an ugly bar steward, it may be true, it's certainly derogatory. Tyler Durden, Mostyn6 and GenBr 3 Link to comment Share on other sites More sharing options...
DCFC27 Posted May 8, 2022 Share Posted May 8, 2022 2 minutes ago, Mihangel said: The two things aren't mutually exclusive, I could call you an ugly bar steward, it may be true, it's certainly derogatory. No, that would be an opinion being as beauty is in the beholder Link to comment Share on other sites More sharing options...
Eddie Posted May 8, 2022 Share Posted May 8, 2022 4 minutes ago, DCFC27 said: No, that would be an opinion being as beauty is in the beholder Beauty is in the eye of the beholder. Get it out with Optrex. Spike Milligan. Mihangel and The Scarlet Pimpernel 1 1 Link to comment Share on other sites More sharing options...
Topram Posted May 8, 2022 Share Posted May 8, 2022 These administrators are absolutely useless !! Derby4Me 1 Link to comment Share on other sites More sharing options...
Tamworthram Posted May 8, 2022 Share Posted May 8, 2022 52 minutes ago, derby8 said: He's deciding between Derby and Birmingham, apparently. According to nobody actually ITK probably. jono and Derby4Me 2 Link to comment Share on other sites More sharing options...
Gaspode Posted May 8, 2022 Share Posted May 8, 2022 32 minutes ago, RedSox said: Certainly by the time he jets off tomorrow. So sad to watch this ‘death of a thousand cuts’. I wonder how much thought goes into the impact on certain fans’ mental health by the people holding this deal up for whatever reasons. ? The anseer to that would be absolutely none...... RammingStone66, RedSox and Premier ram 3 Link to comment Share on other sites More sharing options...
seths-cap Posted May 8, 2022 Share Posted May 8, 2022 Really don’t want to see MA take us over. Link to comment Share on other sites More sharing options...
derby8 Posted May 8, 2022 Share Posted May 8, 2022 41 minutes ago, jono said: Do you have a source for this ? Or are you just chatting and speculating ? Newsnow Birmingham City has BC takeover rumours and at least one fan site, proboards BC, mentions Ashley. jono 1 Link to comment Share on other sites More sharing options...
derby8 Posted May 8, 2022 Share Posted May 8, 2022 8 minutes ago, Tamworthram said: According to nobody actually ITK probably. Quite strong BC takeover rumours on the internet and Ashley mentioned in some places. Link to comment Share on other sites More sharing options...
IslandExile Posted May 8, 2022 Share Posted May 8, 2022 (edited) So... The Administrators (bless 'em) said they had secured funding to see the season out. That finished yesterday. Kirchner has said the deal needed to be concluded by 7 May (yesterday) so that he could start writing the cheques. With the "impasse" in place and no solution around the corner, there's every chance CK will pull out. So..... How is the club currently funded? Indeed, is it currently funded? Rooney said this 24-48 hours is critical. Is it fatal? Are we now facing liquidation. When does Kirchner return to the States? The "third party" won't be able to purchase the ground before he goes. So I guess that's the end of his bid. That leaves this supposed late bid from Ashley. But why would he offer more than CK if neither think the club is worth the debt? He wouldn't but he could offer Mel more and the creditors less, which means the 15 point deduction. This nightmare is about to build into a crescendo. Edited May 8, 2022 by IslandExile Miggins and Derby4Me 2 Link to comment Share on other sites More sharing options...
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