Elwood P Dowd Posted June 12, 2022 Share Posted June 12, 2022 2 minutes ago, i-Ram said: You miss my point too. He MAY have done everything right. We don’t know. He COULD be just jammed in an unforeseen AML backlog. If CK or his experts did not foresee issues around AML and transferring money with perhaps a crypto provenance then its still down to CK, he is the man In overall charge. RoyMac5, RAM1966 and Tamworthram 1 2 Link to comment Share on other sites More sharing options...
RoyMac5 Posted June 12, 2022 Share Posted June 12, 2022 Tamworthram, Derby4Me and Carnero 2 1 Link to comment Share on other sites More sharing options...
RoyMac5 Posted June 12, 2022 Share Posted June 12, 2022 Just now, RoyMac5 said: Hope it's okay to quote it all? "The EFL has today informed the Administrators at Derby County that following the failure of Mr Chris Kirchner to conclude a sale of the Club, it is changing the terms of the suspended Notice of Withdrawal issued when the Club entered into administration in September 2021. The League is increasingly concerned that the ongoing delays in the sale process now present a real risk to the integrity of next season’s competition, with the 2022/23 fixture list due to be released in less than two weeks, and need to act now in the best interests of the EFL. The suspension of the Notice of Withdrawal of the Club’s share in the EFL is subject to conditions that, in accordance with the League’s insolvency policy, the EFL Board determine and given the lack of progress by the Administrators to finalise a transaction, it now considers it appropriate to revise the conditions of suspension. As a result, the EFL has informed the Administrators that there will be a revision to the conditions attached to the suspension and the EFL is now to be made a party to all correspondence and discussions between the Administrators, and any and all potential bidders, with an acknowledgment that the League will be able to negotiate directly in relation to matters concerning the transfer of the share in the EFL. Trevor Birch said: “Following this latest setback for the Club and its fans, it is vitally important that a sale of the Club is concluded at the earliest opportunity and we want to ensure that this objective is achieved. “Up until now we have provided the Administrators with the time and opportunity to manage the sale process but with the long stop date on the asset purchase agreement and the membership agreement now passed, further urgent proactive action is required in order to do whatever is possible to secure the Club's future as a continuing member of the EFL.” FlyBritishMidland, angieram and Derby4Me 2 1 Link to comment Share on other sites More sharing options...
Topram Posted June 12, 2022 Share Posted June 12, 2022 Basically get it done before fixtures or bye bye jimtastic56 and Tamworthram 1 1 Link to comment Share on other sites More sharing options...
Topram Posted June 12, 2022 Share Posted June 12, 2022 It’s definitely getting towards the 11th hour now…. RoyMac5 and Elwood P Dowd 1 1 Link to comment Share on other sites More sharing options...
RoyMac5 Posted June 12, 2022 Share Posted June 12, 2022 (edited) 2 minutes ago, RoyMac5 said: "...As a result, the EFL has informed the Administrators that there will be a revision to the conditions attached to the suspension and the EFL is now to be made a party to all correspondence and discussions between the Administrators, and any and all potential bidders, with an acknowledgment that the League will be able to negotiate directly in relation to matters concerning the transfer of the share in the EFL. " So is this MA negotiating directly with the EFL? Edited June 12, 2022 by RoyMac5 Derby4Me and GenBr 1 1 Link to comment Share on other sites More sharing options...
angieram Posted June 12, 2022 Share Posted June 12, 2022 2 minutes ago, RoyMac5 said: Hope it's okay to quote it all? "The EFL has today informed the Administrators at Derby County that following the failure of Mr Chris Kirchner to conclude a sale of the Club, it is changing the terms of the suspended Notice of Withdrawal issued when the Club entered into administration in September 2021. The League is increasingly concerned that the ongoing delays in the sale process now present a real risk to the integrity of next season’s competition, with the 2022/23 fixture list due to be released in less than two weeks, and need to act now in the best interests of the EFL. The suspension of the Notice of Withdrawal of the Club’s share in the EFL is subject to conditions that, in accordance with the League’s insolvency policy, the EFL Board determine and given the lack of progress by the Administrators to finalise a transaction, it now considers it appropriate to revise the conditions of suspension. As a result, the EFL has informed the Administrators that there will be a revision to the conditions attached to the suspension and the EFL is now to be made a party to all correspondence and discussions between the Administrators, and any and all potential bidders, with an acknowledgment that the League will be able to negotiate directly in relation to matters concerning the transfer of the share in the EFL. Trevor Birch said: “Following this latest setback for the Club and its fans, it is vitally important that a sale of the Club is concluded at the earliest opportunity and we want to ensure that this objective is achieved. “Up until now we have provided the Administrators with the time and opportunity to manage the sale process but with the long stop date on the asset purchase agreement and the membership agreement now passed, further urgent proactive action is required in order to do whatever is possible to secure the Club's future as a continuing member of the EFL.” So everybody saying that the EFL couldn't interfere in the sale of the club were basically wrong? Derby4Me, GB SPORTS, Steve How Hard? and 14 others 6 10 1 Link to comment Share on other sites More sharing options...
Ramos Posted June 12, 2022 Share Posted June 12, 2022 So - am I understanding this right…. are they saying that they are essentially stepping into facilitate the sale cause the admins aren’t getting the job done? Caerphilly Ram, Ramarena, Dai Capp and 8 others 9 2 Link to comment Share on other sites More sharing options...
Loughborough Ram Posted June 12, 2022 Share Posted June 12, 2022 Just remind me, when did Mike Ashley write to the EFL? I'm sure that it's purely coincidence that this statement follows shortly after. There is so much in football that needs to be looked into a little more deeply as a result of our 'escapade' into administration. SaffyRam, Indy, Dordogne-Ram and 3 others 6 Link to comment Share on other sites More sharing options...
CBX1985 Posted June 12, 2022 Share Posted June 12, 2022 2 minutes ago, Topram said: It’s definitely getting towards the 11th hour now…. It's what we need. There needs to be a point creditors are put in the position of something small guaranteed today, or almost certainly not a penny tomorrow. No one will buy a season ticket, so there will be no revenue. Ashley deal, if it happens will begin and end in a day. The last day. Derby4Me 1 Link to comment Share on other sites More sharing options...
Caerphilly Ram Posted June 12, 2022 Share Posted June 12, 2022 1 minute ago, angieram said: So everybody saying that the EFL couldn't interfere in the sale of the club were basically wrong? Seems that way, taking the statement at face value the EFL want to make sure someone/anyone is able to buy the club so are in theory acting in line with what we all want too(?) but it’s hard to believe that given how so much of the last few years has played out. This is an interesting development for sure, let’s hope it plays out in a good way and doesn’t shove the club over the edge. Carnero, jimtastic56 and RoyMac5 1 1 1 Link to comment Share on other sites More sharing options...
Steve How Hard? Posted June 12, 2022 Share Posted June 12, 2022 7 minutes ago, RoyMac5 said: Pushing us nearer to the brink but yet again dressing it up as doing all they can to help us secure a future. They have done absolutely nothing to help us what so ever and are more than culpable for the position we are in. Hans Datdo-Dishes, Rev, May Contain Nuts and 10 others 3 10 Link to comment Share on other sites More sharing options...
Dai Capp Posted June 12, 2022 Share Posted June 12, 2022 5 minutes ago, RoyMac5 said: Hope it's okay to quote it all? "The EFL has today informed the Administrators at Derby County that following the failure of Mr Chris Kirchner to conclude a sale of the Club, it is changing the terms of the suspended Notice of Withdrawal issued when the Club entered into administration in September 2021. The League is increasingly concerned that the ongoing delays in the sale process now present a real risk to the integrity of next season’s competition, with the 2022/23 fixture list due to be released in less than two weeks, and need to act now in the best interests of the EFL. The suspension of the Notice of Withdrawal of the Club’s share in the EFL is subject to conditions that, in accordance with the League’s insolvency policy, the EFL Board determine and given the lack of progress by the Administrators to finalise a transaction, it now considers it appropriate to revise the conditions of suspension. As a result, the EFL has informed the Administrators that there will be a revision to the conditions attached to the suspension and the EFL is now to be made a party to all correspondence and discussions between the Administrators, and any and all potential bidders, with an acknowledgment that the League will be able to negotiate directly in relation to matters concerning the transfer of the share in the EFL. Trevor Birch said: “Following this latest setback for the Club and its fans, it is vitally important that a sale of the Club is concluded at the earliest opportunity and we want to ensure that this objective is achieved. “Up until now we have provided the Administrators with the time and opportunity to manage the sale process but with the long stop date on the asset purchase agreement and the membership agreement now passed, further urgent proactive action is required in order to do whatever is possible to secure the Club's future as a continuing member of the EFL.” Is this EFL saying to Quantuma, you've cocked this up and now we're taking it over to get a deal through... Derby4Me, RAM1966 and whiteroseram 3 Link to comment Share on other sites More sharing options...
Big Trav Posted June 12, 2022 Share Posted June 12, 2022 Here we go Wsm-ram and Derby4Me 2 Link to comment Share on other sites More sharing options...
Anag Ram Posted June 12, 2022 Share Posted June 12, 2022 Just now, Dai Capp said: Is this EFL saying to Quantuma, you've cocked this up and now we're taking it over to get a deal through... Seems that way. Good for them. I always did like the EFL. whiteroseram, Oldben, SaffyRam and 1 other 1 3 Link to comment Share on other sites More sharing options...
Tyler Durden Posted June 12, 2022 Share Posted June 12, 2022 7 minutes ago, RoyMac5 said: Hope it's okay to quote it all? "The EFL has today informed the Administrators at Derby County that following the failure of Mr Chris Kirchner to conclude a sale of the Club, it is changing the terms of the suspended Notice of Withdrawal issued when the Club entered into administration in September 2021. The League is increasingly concerned that the ongoing delays in the sale process now present a real risk to the integrity of next season’s competition, with the 2022/23 fixture list due to be released in less than two weeks, and need to act now in the best interests of the EFL. The suspension of the Notice of Withdrawal of the Club’s share in the EFL is subject to conditions that, in accordance with the League’s insolvency policy, the EFL Board determine and given the lack of progress by the Administrators to finalise a transaction, it now considers it appropriate to revise the conditions of suspension. As a result, the EFL has informed the Administrators that there will be a revision to the conditions attached to the suspension and the EFL is now to be made a party to all correspondence and discussions between the Administrators, and any and all potential bidders, with an acknowledgment that the League will be able to negotiate directly in relation to matters concerning the transfer of the share in the EFL. Trevor Birch said: “Following this latest setback for the Club and its fans, it is vitally important that a sale of the Club is concluded at the earliest opportunity and we want to ensure that this objective is achieved. “Up until now we have provided the Administrators with the time and opportunity to manage the sale process but with the long stop date on the asset purchase agreement and the membership agreement now passed, further urgent proactive action is required in order to do whatever is possible to secure the Club's future as a continuing member of the EFL.” I've not seen any official announcement that Kirchener has failed to conclude a sale of the club? Isn't this still ongoing. I know it's semantics but it should have read failed to conclude a sale of the club against Fridays arbitrary deadline? Dordogne-Ram, Indy, Caerphilly Ram and 1 other 4 Link to comment Share on other sites More sharing options...
Shipley Ram Posted June 12, 2022 Share Posted June 12, 2022 8 minutes ago, Topram said: Basically get it done before fixtures or bye bye It's a bit more than that, they want to be copied in to all correspondence, with their record of leaking things to the press this is worring. GenBr, Ram-Alf and Indy 1 2 Link to comment Share on other sites More sharing options...
GenBr Posted June 12, 2022 Share Posted June 12, 2022 7 minutes ago, RoyMac5 said: with the 2022/23 fixture list due to be released in less than two weeks, and need to act now in the best interests of the EFL. Well as long as the interests of the EFL are protected thats all that matters. with an acknowledgment that the League will be able to negotiate directly in relation to matters concerning the transfer of the share in the EFL. I'm not an expert on administration stuff but isnt this pretty pointless? If the administrators dont think an offer is good enough nothing the EFL can do will change that and it wont matter who they want to give the share ti. Unless they're saying they are just going to give it to a completely different team Oldben and atherstoneram 2 Link to comment Share on other sites More sharing options...
Dan_Ram Posted June 12, 2022 Share Posted June 12, 2022 While I welcome the kick up the arse for the admin, it would appear that certain parties may have slipped the EFL a tenner to get involved on their behalf (that is a joke of course..) and you know what.. I’m not even mad. Gibson exerted undue pressure on the EFL to get his way (in my opinion). Maybe it’s the only way to play these days. Boycie 1 Link to comment Share on other sites More sharing options...
Caerphilly Ram Posted June 12, 2022 Share Posted June 12, 2022 1 minute ago, Dai Capp said: Is this EFL saying to Quantuma, you've cocked this up and now we're taking it over to get a deal through... That’s how I understand it, which is hard to fathom given historical concerns with the EFL. I guess it’s what happens now that’s most important after all, maybe they see this as their chance to save face or perhaps, as the more…erm…cautious minded among us may say, this is them further screwing us over. 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