Gritstone Ram Posted January 14, 2022 Share Posted January 14, 2022 This proof of funds stuff. Why not start selling next seasons season tickets? cstand and Ken Tram 2 Link to comment Share on other sites More sharing options...
CornwallRam Posted January 14, 2022 Share Posted January 14, 2022 6 hours ago, Brailsford Ram said: If the preferred bidder is not prepared to do everything possible to avoid the club being relegated this season and is prepared to gamble on our future, I would suggest that the administrators have made the wrong choice. I do not believe that to be the case. Andy Appleby did that once and it took Nigel Clough five years to repair the damage. Link to comment Share on other sites More sharing options...
UTFR Posted January 14, 2022 Share Posted January 14, 2022 4 minutes ago, Gritstone Ram said: This proof of funds stuff. Why not start selling next seasons season tickets? because no one will buy a season ticket for a club that might not exist next season mike93rh, jimtastic56, David Graham Brown and 1 other 4 Link to comment Share on other sites More sharing options...
Gritstone Ram Posted January 14, 2022 Share Posted January 14, 2022 30 minutes ago, UTFR said: because no one will buy a season ticket for a club that might not exist next season Who will stump up the money if the club might not exist then? David Graham Brown 1 Link to comment Share on other sites More sharing options...
PistoldPete Posted January 14, 2022 Share Posted January 14, 2022 34 minutes ago, UTFR said: because no one will buy a season ticket for a club that might not exist next season Some might but I don’t think the admin team would be allowed to take money off us knowing the risk of not being able to see next season. Link to comment Share on other sites More sharing options...
atherstoneram Posted January 14, 2022 Share Posted January 14, 2022 10 hours ago, Ellafella said: But they’re delaying procedures when we haven’t got time on our hands. Unnecessarily…because a preferred bidder surely wouldn’t want the Club to liquidate when they’re trying to buy it in its current state. All the preferred bidder is,from the administrators point of view, the bidder that best satisfies the creditors and the club going forward. At this moment in time we are, i believe, still having to take out loans to cover day to day running costs so the EFL will have the last call on new (free/loan) signings. The preferred bidder then has to satisfy and agree a plan with the EFL so it could be weeks/months that the preferred bidder becomes the owner,until that time the administrators are still in charge so it is understandable that the EFL are requesting the administrators show that we can provide funds until the end of the season or the new owner takes over. The preferred bidder could still withdraw their offer if they so wish or cannot come to an agreement with the EFL. StarterForTen and Ellafella 2 Link to comment Share on other sites More sharing options...
DavesaRam Posted January 14, 2022 Share Posted January 14, 2022 On 10/01/2022 at 20:20, Kathcairns said: Rainbow drops, tiger nuts chewing wood. 4 Black Jacks, Fruit Salads, jumpers for goalposts - marvellous! David Graham Brown 1 Link to comment Share on other sites More sharing options...
MACKWORTHRAM Posted January 14, 2022 Share Posted January 14, 2022 (edited) Didn't the administrator's mention something along the lines of the preferred bidder agreeing to provide the funds straight away? Edit:- Yes they said this in their last statement to BAWT:- Provisions are in place for short-term funding until a preferred bidder is named. Part of the negotiations with the proposed preferred bidders is their ability to assist in funding until the deal is finalized. Edited January 14, 2022 by MACKWORTHRAM Add something Derby4Me, Bubbles, Ted McMinn Football Genius and 3 others 4 2 Link to comment Share on other sites More sharing options...
whiteroseram Posted January 14, 2022 Share Posted January 14, 2022 1 hour ago, Gritstone Ram said: This proof of funds stuff. Why not start selling next seasons season tickets? For very boring reasons, such as the way credit card providers guarantees would leave them liable, a company at risk of liquidation before providing the product (matches) being paid for may not be able charge credit cards and similar. Remember similar issues at the start of this season, could be same reason? Source: I used to work in banking and credit, I can confirm it's extremely boring, thus "used to" Gritstone Ram and i-Ram 1 1 Link to comment Share on other sites More sharing options...
EtoileSportiveDeDerby Posted January 14, 2022 Share Posted January 14, 2022 Article in the Times say Rooney Is confident prefered bidder named in 24 hors (48 hours divided by 2). Sources close to told the Times expect longer (48 hours) Boro and Wycombe major stumbling block. Nothing new, same poo, another 48 hours Link to comment Share on other sites More sharing options...
Jimbo Ram Posted January 14, 2022 Share Posted January 14, 2022 8 hours ago, one_chop said: The good ship Liquidation is coming into port folks. There's going to be mutiny tomorrow so be prepared for a wave of disappointment. Who do you support ?. Why not go on that teams fans site rather than keep bugging us…. Anag Ram, Eaststander7, Caerphilly Ram and 1 other 4 Link to comment Share on other sites More sharing options...
Eatonram Posted January 14, 2022 Share Posted January 14, 2022 (edited) There are two issues IMO that the EFL are trying to engineer. A potential for us not to be able to par wages at end of Jan and add the 3 points suspended. To avoid this the club would have to sell players if the takeover can be delayed which the EFL are trying to do. We know from DC reports that the EFL expect punishments to result in relegation and suddenly this looks in doubt. Edited January 14, 2022 by angieram Remove personal insults David Graham Brown, Crewton, Gritstone Ram and 2 others 2 3 Link to comment Share on other sites More sharing options...
Derbados Posted January 14, 2022 Share Posted January 14, 2022 11 minutes ago, EtoileSportiveDeDerby said: Article in the Times say Rooney Is confident prefered bidder named in 24 hors (48 hours divided by 2). Sources close to told the Times expect longer (48 hours) Boro and Wycombe major stumbling block. Nothing new, same poo, another 48 hours Link to comment Share on other sites More sharing options...
jimtastic56 Posted January 14, 2022 Share Posted January 14, 2022 7 hours ago, Sparkle said: It’s buy now or explode later - the debt is too big and we only have players that are assets so if we sell them there is nothing to buy wait until tomorrow evening before any concerns Mount with no information We are in a no win situation. If we don’t sell one player , we have to take out another soft loan at the end of the month to pay the wages. Remember the coaching staff alone is 1/2 a million a month. Link to comment Share on other sites More sharing options...
Maharan Posted January 14, 2022 Share Posted January 14, 2022 (edited) 9 minutes ago, Eatonram said: There are two issues IMO that the EFL are trying to engineer. A potential for us not to be able to par wages at end of Jan and add the 3 points suspended. To avoid this the club would have to sell players if the takeover can be delayed which the EFL are trying to do. We know from DC reports that the EFL expect punishments to result in relegation and suddenly this looks in doubt. Well surely if wages can’t be paid, then the 3 points should be applied. Isn’t that the point of a suspended sentence? If it’s a case that someone needs to be sold to pay wages, then isn’t that the right thing to do? im not sure there is some EFL conspiracy to delay any sale based on the telegraph story. It all seems like a non issue to me, but it’s been blown out of all proportion. Edited January 14, 2022 by angieram Remove personal insults i-Ram, David Graham Brown and atherstoneram 1 2 Link to comment Share on other sites More sharing options...
Sparkle Posted January 14, 2022 Share Posted January 14, 2022 Good morning - lots of people making stuff up this morning it seems Dean (hick) Saunders, LauraH, SaffyRam and 1 other 2 2 Link to comment Share on other sites More sharing options...
Woodley Ram Posted January 14, 2022 Share Posted January 14, 2022 23 minutes ago, EtoileSportiveDeDerby said: Article in the Times say Rooney Is confident prefered bidder named in 24 hors (48 hours divided by 2). Sources close to told the Times expect longer (48 hours) Boro and Wycombe major stumbling block. Nothing new, same poo, another 48 hours sounds like a TV programme there, doubt if Keifer would want it? jimtastic56 1 Link to comment Share on other sites More sharing options...
Crewton Posted January 14, 2022 Share Posted January 14, 2022 3 minutes ago, Maharan said: Well surely if wages can’t be paid, then the 3 points should be applied. Isn’t that the point of a suspended sentence? If it’s a case that someone needs to be sold to pay wages, then isn’t that the right thing to do? im not sure there is some EFL conspiracy to delay any sale based on the telegraph story. It all seems like a non issue to me, but it’s been blown out of all proportion. What the EFL didn't have to do, but which they appear to have made a prerequisite, is to give any credence to the claims made by Middlesbrough and Wycombe. It has been reported in other pieces that the EFL believe that both clubs should be treated as football creditors when their claims have not even been tested in Court. In doing so, I believe they have breached their own charter and rules purely to turn the screw on DCFC. There's your conspiracy. I believe that one day the inside story will come out and the duplicity of the EFL will be revealed. By then, however, it may be too late for DCFC if this is allowed to continue unchallenged. RadioactiveWaste and Indy 2 Link to comment Share on other sites More sharing options...
PistoldPete Posted January 14, 2022 Share Posted January 14, 2022 14 minutes ago, Derbados said: Sources close to who? Gibson? Link to comment Share on other sites More sharing options...
PistoldPete Posted January 14, 2022 Share Posted January 14, 2022 2 minutes ago, Crewton said: What the EFL didn't have to do, but which they appear to have made a prerequisite, is to give any credence to the claims made by Middlesbrough and Wycombe. It has been reported in other pieces that the EFL believe that both clubs should be treated as football creditors when their claims have not even been tested in Court. In doing so, I believe they have breached their own charter and rules purely to turn the screw on DCFC. There's your conspiracy. I believe that one day the inside story will come out and the duplicity of the EFL will be revealed. By then, however, it may be too late for DCFC if this is allowed to continue unchallenged. I think this was hinted at by Hosking , that EFL are not helping only hindering re the Boro and Wycombe claims. And Hosking said the advice they had was that the claims were without merit, and Boro and Wycombe are not football creditors. RadioactiveWaste and Crewton 1 1 Link to comment Share on other sites More sharing options...
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