The Administration Thread

[IslandExile]

1 minute ago, twelveincher said:

So now he DID pay the wages? 

My reading was that the Administrators paid but he guarantees to pay them back as soon as the money arrives.

[twelveincher]

Just now, IslandExile said:

My reading was that the Administrators paid but he guarantees to pay them back as soon as the money arrives.

Makes sense. Then in theory there’s no risk to him if the money never arrives.

[Dave Mackay Ate My Hamster]

42 minutes ago, Mihangel said:

Nah, Mike Ashley, if you're reading this, we don't want you....

Obv he won't be, but I'd rather we go defunct and start again than have that CJTC own us.

Are you an anti-vaxer? ?

[Boycie]

2 minutes ago, twelveincher said:

Makes sense. Then in theory there’s no risk to him if the money never arrives.

So then he won’t lose 1.2 million will he?

So the Admin who say they’ve not been paid yet have just stumped up 1.2 million?

Its Nixon mind, as you were.

[twelveincher]

Just now, Boycie said:

So then he won’t lose 1.2 million will he?

So the Admin who say they’ve not been paid yet have just stumped up 1.2 million?

Its Nixon mind, as you were.

Ok, makes a bit of sense but not a whole load of sense. Kirchner guarantees the admins, who take a loan off MSD?

Mike, if you’re reading this can you let us know?

[DCFC1388]

4 minutes ago, GenBr said:

The fact that this has dragged on and on and he still hasnt managed to transfer the money is enough reason for me. He doesn't appear to be paying the staff of his own company either and after being so chatty on twitter for months he decides now is the perfect time to shut up.

For what its worth i was never fully convinced. It was a thin veneer of trusting him for me and it didnt take much to break through it.

 

You have been skeptical from the start which is fair enough, everyone has a right to an opinion. I was just wondering what he had done recently other than poor comms to make people, unlike yourself, who were behind his takeover to decide they no longer wanted him.

Im not sure this dragging on this long is all down to him. The place we are in now whereby a deal has been agreed for the stadium (3rd party) and with all creditors is alot to do with CK and his team, meaning any other interested party doesnt have to do the leg work, just match the bid and send the money.

[B4ev6is]

Or kircher If reading this let us know if funds will clear by tommrow or monday

[RoyMac5]

15 minutes ago, Barney1991 said:

https://www.thesun.co.uk/sport/football/18857684/derby-chris-kirchner-mike-ashley-takeover-loan-money/

Says he put in money for May wages.

But also says "Kirchner is waiting on his latest transfer being cleared.

It was sent from his personal bank on Monday evening American East Coast time and its arrival date is still unknown." 

Edited June 11, 2022 by RoyMac5

[Brammie Steve]

I sincerely hope that Boycie isn't too discouraged by the apathy and lack of interest in this thread.

With such an unappealing title as "The Administration Thread" is it any wonder that it has only run to 1928 pages since Christmas Eve. It was poor timing to start a thread with the distraction of Christmas.

An agent from a firm like Q******a could have suggested ways to achieve greater success!

Anyway, I think it is a massive success story no matter what they all say!

[DCFC1388]

31 minutes ago, Bris Vegas said:

What is the opposition to Mike Ashley? I don’t get it. He wouldn’t take on Derby if he couldn’t make a profit it out it. To make a profit, you need PL football or have amazing recruitment (buy cheap, sell high). Well I’d welcome either at Pride Park.

People are worried Rooney would walk and so would the players. News flash, Rooney and the current players (the good ones anyway) aren’t going to be here in 5 years regardless who the owner is. They will go on to bigger and better, it’s only a question of time.

Derby is bigger than Rooney and the current staff. Derby, the club and all its history, is far more important.

So if that means Mike Ashley, a further points deduction, relegation to League Two before the reset, so be it.

 

Im not opposed to Ashley taking over, or anyone really as long as we have a club.

My issue with Ashley is that it appears his offers have been way too low and his PR team are quick to spin this on the admins etc but if his offer was good enough he would be our owner now. 

He is the richest out of all the interested parties, there is no reason at all for him, or any other interested party for that matter, to come in so low we end up with a points deduction.

There are agreements already in place with the EFL & creditors as well as between a 3rd party & Mel for the stadium - someone just needs to match CK bid and send the money, not keep mouthing off to the press when all you have done for 9 months is hope to pick the club at basement price and moan when you get shunned.

[twelveincher]

Hi Mike do u want picking up in the morning pal?

[rsmini]

19 minutes ago, Barney1991 said:

https://www.thesun.co.uk/sport/football/18857684/derby-chris-kirchner-mike-ashley-takeover-loan-money/

I thought this was covered by Radio Derby the other day, and they hinted the  wages were paid by someone close to the club

[JuanFloEvraTheCocu'sNesta]

5 minutes ago, B4ev6is said:

Or kircher If reading this let us know if funds will clear by tommrow or monday

Unlikely to be a Sunday mate. Banks don't do much, if anything on a Sunday.

[Tyler Durden]

5 minutes ago, DCFC1388 said:

Im not opposed to Ashley taking over, or anyone really as long as we have a club.

My issue with Ashley is that it appears his offers have been way too low and his PR team are quick to spin this on the admins etc but if his offer was good enough he would be our owner now. 

He is the richest out of all the interested parties, there is no reason at all for him, or any other interested party for that matter, to come in so low we end up with a points deduction.

There are agreements already in place with the EFL & creditors as well as between a 3rd party & Mel for the stadium - someone just needs to match CK bid and send the money, not keep mouthing off to the press when all you have done for 9 months is hope to pick the club at basement price and moan when you get shunned.

I don't see the correlation between someone's personal wealth and how much they think an asset is worth.

[kash_a_ram_a_ding_dong]

All of this diatribe directed towards CK when,as far as we know,the only problem is that the cash is being held for anti corruption checks.

He hasn't pulled out,he's still in the country to be available to finalise the deal and hasn't run away.

Shouldn't we cut him some slack,at least until we know either way that the money transfer has/hasn't happened?

If it doesn't,then let's go with one of the others,even the one who couldn't be arsed to put a bid in when they had the chance.

And if it does go through tho,there a few embarrassing comments on here that are not going to age well.

 

[RoyMac5]

2 minutes ago, kash_a_ram_a_ding_dong said:

All of this diatribe directed towards CK when,as far as we know,the only problem is that the cash is being held for anti corruption checks.

He hasn't pulled out,he's still in the country to be available to finalise the deal and hasn't run away.

Shouldn't we cut him some slack,at least until we know either way that the money transfer has/hasn't happened?

If it doesn't,then let's go with one of the others,even the one who couldn't be arsed to put a bid in when they had the chance.

And if it does go through tho,there a few embarrassing comments on here that are not going to age well.

 

I think he's still at the LIV golf tournament. To party it seems...

Edited June 11, 2022 by RoyMac5

[Alan Ramage 4 EVA]

45 minutes ago, twelveincher said:

Remember when the Easdale brothers dropped out in October because they didn’t think they had long enough to conclude a deal? ?

We could do with the Driscoll brothers buying us .

 

I bet there NOT dodgy ?

[DCFC1388]

13 minutes ago, Tyler Durden said:

I don't see the correlation between someone's personal wealth and how much they think an asset is worth.

Well if they have the money too meet the minimum amount but dont want to, dont spit your dummy out when you're not considered as if they wanted to be considered as a serious party they would pay the amount required. If they dont think its worth that much, walk away, simple.

[Mostyn6]

2 hours ago, w8sey said:

So your banking on the possibility that Kirchner would invest more into the facilities than Ashley.... I'm more concerned with stability. Kirchner has given me no confidence throughout this process. Especially with the unpaid employees and late payments made in his business that have come out over the last few days.

You’re happy to judge CK on stories yet MA has been described in The House if Commons and through investigations as a modern day slave driver!?? Hmm

[IslandExile]

10 minutes ago, DCFC1388 said:

I was just wondering what he had done recently other than poor comms to make people.....(no longer want him)

I think it is basically about the poor communication. Kirchner was happy to communicate via Twitter when it was all going well and looking positive.

However, now that there are obstacles in the way - whether they are genuine delays at the bank or doubts about actual funding - he has gone completely silent. Aggressively so, in the case of Dan Roan. He didn't even tweet about his beloved golf at the recent event.

That silence has made people wonder if he really is the real deal or an Alonso type tyre kicker.

I think he does genuinely want to buy the club but it does not auger well when he cannot resolve a money transfer which, even at 20 million, is relatively small in such business circles.

The other thing about the communication issue is that it's easy to communicate when things are going well but it's relatively of little value. It's actually when things are not going so well that people are more desperate for information. That's when we would appreciate more briefings. We want to know what's happening.

I still want Kirchner's bid to succeed. I think it's the best chance to keep the academy, Rooney and some of the feel good atmosphere from last year. Though the longer this drags on, the more that feeling is being eroded.

So, even I have lost a lot of my enthusiasm for CK. My second choice would be Appleby/Morgan/Clowes. Sorry MA, you're in next to last place but still preferable to liquidation.