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The Administration Thread


Boycie

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To summarise what’s happening is, MA putting the EFL between a rock and a hard place. EFL have to either decide to liquidate derby or force the admins to take MA’s deal. If Derby liquidate the EFL will lose a good chunk of money and will almost certainly be some form of external investigation. The admins will pretty much have to accept MA’s offer as it’s the only one on the table. If the admins don’t accept it then it could be argued they are t getting the best deal for creditors. It’s a big game of chess rn 

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1 minute ago, Big Trav said:

To summarise what’s happening is, MA putting the EFL between a rock and a hard place. EFL have to either decide to liquidate derby or force the admins to take MA’s deal. If Derby liquidate the EFL will lose a good chunk of money and will almost certainly be some form of external investigation. The admins will pretty much have to accept MA’s offer as it’s the only one on the table. If the admins don’t accept it then it could be argued they are t getting the best deal for creditors. It’s a big game of chess rn 

EFL can’t liquidate Derby County. They are not a creditor. 

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Just now, Big Trav said:

To summarise what’s happening is, MA putting the EFL between a rock and a hard place. EFL have to either decide to liquidate derby or force the admins to take MA’s deal. If Derby liquidate the EFL will lose a good chunk of money and will almost certainly be some form of external investigation. The admins will pretty much have to accept MA’s offer as it’s the only one on the table. If the admins don’t accept it then it could be argued they are t getting the best deal for creditors. It’s a big game of chess rn 

No matter how many times you repeat it the EFL cannot interfere with the administration of the club,the administrators don't have to accept anything,they are only reportable to the judiciary.

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3 minutes ago, Big Trav said:

To summarise what’s happening is, MA putting the EFL between a rock and a hard place. EFL have to either decide to liquidate derby or force the admins to take MA’s deal. If Derby liquidate the EFL will lose a good chunk of money and will almost certainly be some form of external investigation. The admins will pretty much have to accept MA’s offer as it’s the only one on the table. If the admins don’t accept it then it could be argued they are t getting the best deal for creditors. It’s a big game of chess rn 

The EFL do not have the power to do this

EFL have to either decide to liquidate derby or force the admins to take MA’s deal

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2 minutes ago, Big Trav said:

To summarise what’s happening is, MA putting the EFL between a rock and a hard place. EFL have to either decide to liquidate derby or force the admins to take MA’s deal. If Derby liquidate the EFL will lose a good chunk of money and will almost certainly be some form of external investigation. The admins will pretty much have to accept MA’s offer as it’s the only one on the table. If the admins don’t accept it then it could be argued they are t getting the best deal for creditors. It’s a big game of chess rn 

Someone with conman sense finally,i have said for weeks if it comes down to the crunch MA will get the club he will not give a damm about the creditors they will be lucky to get 10p in the pound,yes we will end up with a possible points deduction for the season but again that will not worry MA,it will be take it or liquidate it

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4 minutes ago, Big Trav said:

To summarise what’s happening is, MA putting the EFL between a rock and a hard place. EFL have to either decide to liquidate derby or force the admins to take MA’s deal. If Derby liquidate the EFL will lose a good chunk of money and will almost certainly be some form of external investigation. The admins will pretty much have to accept MA’s offer as it’s the only one on the table. If the admins don’t accept it then it could be argued they are t getting the best deal for creditors. It’s a big game of chess rn 

Nope. 

You're just repeating nonsense.

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3 minutes ago, atherstoneram said:

No matter how many times you repeat it the EFL cannot interfere with the administration of the club,the administrators don't have to accept anything,they are only reportable to the judiciary.

Do you think the if/once the EFL take the ‘golden share’ away from derby county that we’ll just keep trading and operating? The EFL not might directly liquidate us but can effectively do so 

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1 minute ago, MackworthRamIsGod said:

Am I right I thinking this really is the biggest day in Derby Countys history?

 

I wouldn’t bank on it, suspect there’ll be a few more twists and turns to come.

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