duncanjwitham Posted June 17, 2022 Share Posted June 17, 2022 2 minutes ago, Crewton said: As Secondary Preferential Creditors, in law, they can demand to be paid in full after Primary Preferential Creditors (MSD & Employees) for all debts comprising VAT, PAYE, NICs etc. Of course, the Football Creditors rule means that, if the club is sold as a going concern, they slip back further in the ranking, unless they want to fight another court case. What may focus their minds is that, were the club to be liquidated, they're unlikely to see a penny after MSD have had their cut. The nay-sayers have alleged all along that HMRC won't compromise but, of course, that's what the nay-sayers want to believe and they MAY end up being disappointed. Of course. But my point was, they don't have the same ability to (e.g.) repossess the stadium if we don't pay in full, that MSD have. So they have no security. So by definition they are unsecured (even if they are a higher preference of unsecured etc etc), and the EFL rules over 25% and 35%/3 apply etc. Link to comment Share on other sites More sharing options...
duncanjwitham Posted June 17, 2022 Share Posted June 17, 2022 2 minutes ago, EnigmaRam said: Who’s this? Her name's Bethan Lee mate. It says so right at the top ? archram, Black ('n' White) Sheep, Dordogne-Ram and 30 others 1 32 Link to comment Share on other sites More sharing options...
EnigmaRam Posted June 17, 2022 Share Posted June 17, 2022 1 minute ago, duncanjwitham said: Her name's Bethan Lee mate. It says so right at the top ? I meant is she credible in her itk? ? Link to comment Share on other sites More sharing options...
MACKWORTHRAM Posted June 17, 2022 Share Posted June 17, 2022 11 minutes ago, Gaspode said: My only concern with Appleby is where the money is coming from - has he got serious backers who are in it for the long-term? I'm the same. No point in getting the money together to buy a car and then have no money left to put petrol in. jimtastic56, Derby4Me and ramboy63 3 Link to comment Share on other sites More sharing options...
Ram-Alf Posted June 17, 2022 Share Posted June 17, 2022 4 minutes ago, EnigmaRam said: Who’s this? Bethan Lee, She's from Little Eaton Link to comment Share on other sites More sharing options...
Ramarena Posted June 17, 2022 Share Posted June 17, 2022 Appleby is the best we can hope for in our situation. He’s known to us, worked with good people last time and is a steady if uninspiring option………which is exactly what we need right now! Ashley and CK are/we’re so risky and Morgan could be a good option, but the noise around his bid seems to have faded a bit. kash_a_ram_a_ding_dong and LeedsCityRam 2 Link to comment Share on other sites More sharing options...
Wolfie Posted June 17, 2022 Share Posted June 17, 2022 1 minute ago, Unlucky Alf said: Bethan Lee, She's from Little Eaton and might be a personal trainer? Link to comment Share on other sites More sharing options...
G STAR RAM Posted June 17, 2022 Share Posted June 17, 2022 4 hours ago, RoyMac5 said: So how much do 'we' owe to MSD then? £24.2m RoyMac5 and jimtastic56 1 1 Link to comment Share on other sites More sharing options...
NottsRam77 Posted June 17, 2022 Share Posted June 17, 2022 Let today be known as bag yourself a bargain friday offers flying in all over the shop #NITK ? Link to comment Share on other sites More sharing options...
Topram Posted June 17, 2022 Share Posted June 17, 2022 Appleby was feeding her of East Midlands in December or when ever it was when she said he was to be named preferred bidder Link to comment Share on other sites More sharing options...
G STAR RAM Posted June 17, 2022 Share Posted June 17, 2022 4 hours ago, The Scarlet Pimpernel said: How was the original value arrived at? An investor would look to the future potential surely. Replacement cost I believe but would have to look back. If based on future potential, most grounds would be valued at £0. Link to comment Share on other sites More sharing options...
Ram-Alf Posted June 17, 2022 Share Posted June 17, 2022 1 minute ago, Wolfie said: and might be a personal trainer? Hhhmm, Personal trainer=players or maybe David Lloyd=near to PP=has MA popped in for a Sauna? jimtastic56 1 Link to comment Share on other sites More sharing options...
RoyMac5 Posted June 17, 2022 Share Posted June 17, 2022 (edited) The bidding system supposedly is best and final. Does that mean if a new bidder comes in they can ask how much they have to bid to be 'best'? @G STAR RAM? Edited June 17, 2022 by RoyMac5 Link to comment Share on other sites More sharing options...
tomsdubs Posted June 17, 2022 Share Posted June 17, 2022 Appleby vs Ashley bidding war then, feels like we are actually making progress now due to some actual real scrutiny on Quantuma. jimtastic56 1 Link to comment Share on other sites More sharing options...
PistoldPete Posted June 17, 2022 Share Posted June 17, 2022 4 minutes ago, Wolfie said: and might be a personal trainer? Well if she’s from Little Eaton And she is a personal trainer she must be in the know. richinspain, atherstoneram and Wolfie 3 Link to comment Share on other sites More sharing options...
G STAR RAM Posted June 17, 2022 Share Posted June 17, 2022 4 hours ago, CornwallRam said: So, according to the companies house document- thanks @G STAR RAM, Gellaw owes £123.4m to Mel who is listed as an unsecured creditor. So the questions are: Does Gellaw count as part of the club - it's part of the cross-security arrangement for the MSD loans. If so, doesn’t that give Mel a veto over any deal? Happy to be corrected here but my belief is that, unless security is in place, you cannot claim down 'the tree' as it were, only upwards. Link to comment Share on other sites More sharing options...
Ramos Posted June 17, 2022 Share Posted June 17, 2022 1 minute ago, tomsdubs said: Appleby vs Ashley bidding war then, feels like we are actually making progress now due to some actual real scrutiny on Quantuma. Maybe MM has finally given up control. jimtastic56 and TuffLuff 2 Link to comment Share on other sites More sharing options...
Crewton Posted June 17, 2022 Share Posted June 17, 2022 15 minutes ago, duncanjwitham said: Of course. But my point was, they don't have the same ability to (e.g.) repossess the stadium if we don't pay in full, that MSD have. So they have no security. So by definition they are unsecured (even if they are a higher preference of unsecured etc etc), and the EFL rules over 25% and 35%/3 apply etc. Gotcha - I see what you were getting at now. ? duncanjwitham 1 Link to comment Share on other sites More sharing options...
Rammeister Posted June 17, 2022 Share Posted June 17, 2022 6 minutes ago, Ramos said: Maybe MM has finally given up control. Yes. He’s moved on. Looking for a short term lease of Bethan Lee, I heard. A very short term lease. jimtastic56 1 Link to comment Share on other sites More sharing options...
Rammy03 Posted June 17, 2022 Share Posted June 17, 2022 26 minutes ago, Gaspode said: My only concern with Appleby is where the money is coming from - has he got serious backers who are in it for the long-term? I also have this concern but we're getting pretty desperate now. Pre season in two weeks, season starts in 43 days. This needs sorting. jimtastic56 1 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