CBRammette Posted June 13, 2022 Share Posted June 13, 2022 28 minutes ago, The Baron said: My gut reaction is that there will be a successful outcome. There are other parties out there with money, and can transfer it ASAP if a price is agreed. That price may not be sufficient to avoid a penalty for coming out of administration and paying unsecured creditors the threshold amounts, or ensure that Morris can avoid paying anything to MSD under his PG though. A new owner isn’t buying much, real estate assets are excluded, relatively few player registrations, and those that exist of low value, and a share in the EFL. Therefore any value is based on future cash flows, which tend to be negative, especially in the Championship. Thank you. Link to comment Share on other sites More sharing options...
Rammeister Posted June 13, 2022 Share Posted June 13, 2022 Trevor Birch and his assistant have arrived at Pride Park. jono, David Graham Brown, RadioactiveWaste and 2 others 5 Link to comment Share on other sites More sharing options...
RoyMac5 Posted June 13, 2022 Share Posted June 13, 2022 Just now, Rammeister said: Trevor Birch and his assistant have arrived at Pride Park. Who's the bird with them? David Graham Brown, archram, GenBr and 1 other 4 Link to comment Share on other sites More sharing options...
PistoldPete Posted June 13, 2022 Share Posted June 13, 2022 44 minutes ago, angieram said: Not sure if this is the same one that you have posted, @CBRammette? This one is written, rather than recorded. If not, another excellent summary of where we are at. I stoped Reading when he said about Derby fans having no confidence in Quantuma. I am not sure what they have done wrong other than be too bullish in their statements. David Graham Brown, RadioactiveWaste and FlyBritishMidland 1 2 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted June 13, 2022 Share Posted June 13, 2022 1 minute ago, RoyMac5 said: Who's the bird with them? Alan Nixon (left of picture) has a post about it. But it's on his patreon. RoyMac5 and Rammeister 1 1 Link to comment Share on other sites More sharing options...
Rammeister Posted June 13, 2022 Share Posted June 13, 2022 (edited) 4 minutes ago, RoyMac5 said: Who's the bird with them? That’s Mike Ashley- looking to pick up any scraps. Edited June 13, 2022 by Rammeister Miggins, RadioactiveWaste, marbs_ram and 2 others 1 3 1 Link to comment Share on other sites More sharing options...
PistoldPete Posted June 13, 2022 Share Posted June 13, 2022 38 minutes ago, The Baron said: My gut reaction is that there will be a successful outcome. There are other parties out there with money, and can transfer it ASAP if a price is agreed. That price may not be sufficient to avoid a penalty for coming out of administration and paying unsecured creditors the threshold amounts, or ensure that Morris can avoid paying anything to MSD under his PG though. A new owner isn’t buying much, real estate assets are excluded, relatively few player registrations, and those that exist of low value, and a share in the EFL. Therefore any value is based on future cash flows, which tend to be negative, especially in the Championship. You seem to ignore the fact that there is an agreement to buy PPS. That will see off the mSD loan and it will bot be subject to the payment problems that CK is having. you also ignore the clubs biggest asset, its fan base. Link to comment Share on other sites More sharing options...
Curtains Posted June 13, 2022 Share Posted June 13, 2022 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted June 13, 2022 Share Posted June 13, 2022 1 minute ago, PistoldPete said: I stoped Reading when he said about Derby fans having no confidence in Quantuma. I am not sure what they have done wrong other than be too bullish in their statements. You can't polish a turd. But you can roll it in glitter! To cut Q a marginal bit of slack, the debts and complexity of DCFC do not make it an easy sell. Q are not good at pr and fan liaison. However, despite inevitable frustration it seems it's not us being unhappy with them that's the issue, it's various comments by people who are involved about Q that have erroded trust. FlyBritishMidland 1 Link to comment Share on other sites More sharing options...
sage Posted June 13, 2022 Share Posted June 13, 2022 Not sure why people think the EFL will offer a short cut rather than just add another layer of complexity May Contain Nuts, duncanjwitham, angieram and 3 others 3 3 Link to comment Share on other sites More sharing options...
RoyMac5 Posted June 13, 2022 Share Posted June 13, 2022 This gives me even less confidence in CKs ability to run the club, if true. Link to comment Share on other sites More sharing options...
kevinhectoring Posted June 13, 2022 Share Posted June 13, 2022 (edited) 10 hours ago, Ram1988 said: DCFC 21/22 administration villain league table perhaps? 1. Mel Morris 2. Stephen Pearce -------------------- 3. Quantuma 4. Gibson 5. EFL 6. Coughing ------------------- 7. Ed Dawes 8. Chris Kirchner 9. Mike Ashley 10. Alan Nixon 11. Andy Appleby 12. Los Binnie Homanos This was @RadioactiveWaste’s list. McGuire conspicuous by his absence and Gibbo will be disappointed to only make 4th. Is ‘coughing’ covid or Couhig ? Both deserve a mention. I think Pearce has been making amends for being MM’s bag carrier - if he hadn’t done it he’d have been sacked and a n other would have appointed Edited June 13, 2022 by kevinhectoring angieram, RadioactiveWaste and RoyMac5 2 1 Link to comment Share on other sites More sharing options...
Mostyn6 Posted June 13, 2022 Share Posted June 13, 2022 Just now, RoyMac5 said: This gives me even less confidence in CKs ability to run the club, if true. / why? Link to comment Share on other sites More sharing options...
Tamworthram Posted June 13, 2022 Share Posted June 13, 2022 (edited) 50 minutes ago, atherstoneram said: But if it's only pennies on offer why would they budge,the creditors have been well and truly shafted why should they care what happens to the club. People keep going on about they would receive nothing,they may receive nothing on a low bid. Be serious though. I don’t think anyone is just talking about pennies are they? (not that I’ve seen anyway). If the best offer is say 20% creditors might take it. I’m not suggesting they should care about the club but they might care about getting c20% rather than nothing. If the best offer really was just pennies then that’s a different story but you were suggesting alternative offers would need to at least match CK’s. [Warning. 20% is purely a figure I plucked out of the air for illustrative purposes. Offers may go up or down ?] Edited June 13, 2022 by Tamworthram atherstoneram 1 Link to comment Share on other sites More sharing options...
RoyMac5 Posted June 13, 2022 Share Posted June 13, 2022 Just now, Mostyn6 said: why? Link to comment Share on other sites More sharing options...
Mostyn6 Posted June 13, 2022 Share Posted June 13, 2022 Just now, RoyMac5 said: that doesn't explain your comment as to "This gives me even less confidence in CKs ability to run the club, if true". i-Ram, FlyBritishMidland and RoyMac5 1 1 1 Link to comment Share on other sites More sharing options...
May Contain Nuts Posted June 13, 2022 Share Posted June 13, 2022 (edited) 14 minutes ago, PistoldPete said: I stopped Reading when he said about Derby fans having no confidence in Quantuma. I am not sure what they have done wrong other than be too bullish in their statements. I'm assuming by Derby fans it means the drivelcore fanatics on social media platforms, not a considered consensus of those more in control of their mental faculties and in possession of the capability of critical thought. (if idiotic b******* was a musical style I'd call it drivelcore) Whether they've done wrong or not doesn't really seem to have any bearing on the lynch mob's level of confidence in them. Edited June 13, 2022 by Coconut's Beard curb, Indyram, FlyBritishMidland and 1 other 1 3 Link to comment Share on other sites More sharing options...
curb Posted June 13, 2022 Share Posted June 13, 2022 2 minutes ago, kevinhectoring said: This was @RadioactiveWaste’s list. McGuire conspicuous by his absence and Gibbo will be disappointed to only make 4th. Is ‘coughing’ covid or Couhig ? Both deserve a mention. I think Pearce has been making amends for being MM’s bag carrier - if he hadn’t done it he’d have been sacked and a n other would have obliged Mr Ploppypratty will be disappointed he didn’t make the cut kevinhectoring, Will Hughes Hair and RoyMac5 3 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted June 13, 2022 Share Posted June 13, 2022 1 minute ago, RoyMac5 said: This gives me even less confidence in CKs ability to run the club, if true. Whilst I share your lack of confidence in CK at this point, the 3 year repayments,not including PP etc were all known. I don't think that part is new or more concerning than it already was. *If* (lolz) his money becomes real and he is the owner you'd have to hope future payments are logistically more straightforward. Because if his money is real then we'll have to assume that the money laundering check story was real. Big IF mind. Link to comment Share on other sites More sharing options...
BramcoteRam84 Posted June 13, 2022 Share Posted June 13, 2022 It comes back to the same thing, if we want to be competitive next season we need CKs deal to go through, if it doesn’t it’s going to be a struggle definitely next season and things could get worse before they get better. It’s looking increasingly like it’s CK or MA. Tamworthram and Gritstone Ram 2 Link to comment Share on other sites More sharing options...
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