Sparkle Posted January 22, 2022 Share Posted January 22, 2022 3 hours ago, Gaspode said: We’re screwed if we’re relying on Parry to sort things out - his interview on Sky before the game just put all the blame on the Admins for not naming a preferred Bidder - bloke’s a disgrace…. Bought and sold for smoggy gold Link to comment Share on other sites More sharing options...
Sparkle Posted January 22, 2022 Share Posted January 22, 2022 33 minutes ago, Oldben said: Efl want us to go to independent arbitration with boro and Wycombe, so they can save face. Independent arbitration in my opinion will see favour given to boro and Wycombe and would force Derby to accept that their financial claims are valid, when they have zero merit. A court of law would look at insolvency law, and I think not give merit to boro and Wycombe, if dealt with by a good lawyer acting on derbys behalf. I have zero reason to trust an independent arbitration panel as in previous instances they've rarely ruled in derbys favour or allowed enough specialists to examine the evidence. Open court please and let’s see all the information! I know nuffin and Finch 2 Link to comment Share on other sites More sharing options...
Yani P Posted January 22, 2022 Share Posted January 22, 2022 RadioactiveWaste and RoyMac5 1 1 Link to comment Share on other sites More sharing options...
PistoldPete Posted January 22, 2022 Share Posted January 22, 2022 22 minutes ago, G STAR RAM said: Why? Nobody can stop the administrators from naming a preferred bidder. The idea is that the preferred bidder would provide funding until the deal is done. Which is quite a commitment if EFL will not approve the insolvency plan. We needed EFL approval and they didn't give it. Disingenuous for them to say there wasn't a preferred bidder. CBRammette, RoyMac5 and Finch 3 Link to comment Share on other sites More sharing options...
G STAR RAM Posted January 22, 2022 Share Posted January 22, 2022 Just now, PistoldPete said: The idea is that the preferred bidder would provide funding until the deal is done. Which is quite a commitment if EFL will not approve the insolvency plan. We needed EFL approval and they didn't give it. Disingenuous for them to say there wasn't a preferred bidder. You said that the administrators cannot name a preferred bidder, personally I think that is factually incorrect. Link to comment Share on other sites More sharing options...
Ramarena Posted January 22, 2022 Share Posted January 22, 2022 2 hours ago, Mick Brolly said: Good post Welcome to late stage capitalism! Red Ram, Mick Brolly, RadioactiveWaste and 1 other 1 2 1 Link to comment Share on other sites More sharing options...
duncanjwitham Posted January 22, 2022 Share Posted January 22, 2022 11 minutes ago, G STAR RAM said: You said that the administrators cannot name a preferred bidder, personally I think that is factually incorrect. But the EFL have the right to kick the club out of the league if they don't approve of the bidder/exit-plan, so even if they don't have the legal right to prevent a bidder being named, they certainly have the de facto right. RadioactiveWaste 1 Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted January 22, 2022 Share Posted January 22, 2022 Just sat here waiting for Alan Nixon to give us an update on the future of our club later tonight ? RoyMac5, Crewton and Ram-Alf 1 2 Link to comment Share on other sites More sharing options...
Indy Posted January 22, 2022 Share Posted January 22, 2022 (edited) 1 hour ago, JuanFloEvraTheCocu'sNesta said: I hope Parry stands on a plug, pin side up, when he next gets out of bed. No thanks. He’d probably find some way to give us a points deduction because of it. Edited January 22, 2022 by Indy Link to comment Share on other sites More sharing options...
CBRammette Posted January 22, 2022 Share Posted January 22, 2022 19 minutes ago, MackworthRamIsGod said: Just sat here waiting for Alan Nixon to give us an update on the future of our club later tonight ? No doubt kick us while we're down I know nuffin 1 Link to comment Share on other sites More sharing options...
G STAR RAM Posted January 22, 2022 Share Posted January 22, 2022 52 minutes ago, duncanjwitham said: But the EFL have the right to kick the club out of the league if they don't approve of the bidder/exit-plan, so even if they don't have the legal right to prevent a bidder being named, they certainly have the de facto right. True, but if we haven't named a preferred bidder that is down to the administrators and nobody else. Link to comment Share on other sites More sharing options...
RoyMac5 Posted January 22, 2022 Share Posted January 22, 2022 10 minutes ago, G STAR RAM said: True, but if we haven't named a preferred bidder that is down to the administrators and nobody else. I'm not sure, so could you define pedantry for me? Link to comment Share on other sites More sharing options...
Ram-Alf Posted January 22, 2022 Share Posted January 22, 2022 21 minutes ago, G STAR RAM said: True, but if we haven't named a preferred bidder that is down to the administrators and nobody else. But but but, Weren't we about to announce a PB, Only for the EFL to say the PB must accept that M/WW are creditors, With that they get a payout, So how can Q announce a PB, If the PB is not willing to support the EFLs credit status of the Parrasites then what is the point of announcing a PB? Link to comment Share on other sites More sharing options...
Jimbo Ram Posted January 22, 2022 Share Posted January 22, 2022 2 minutes ago, Unlucky Alf said: But but but, Weren't we about to announce a PB, Only for the EFL to say the PB must accept that M/WW are creditors, With that they get a payout, So how can Q announce a PB, If the PB is not willing to support the EFLs credit status of the Parrasites then what is the point of announcing a PB? But doesn’t the latest bid cover MWW made up claims ? Link to comment Share on other sites More sharing options...
StaffsRam Posted January 22, 2022 Share Posted January 22, 2022 Just now, Unlucky Alf said: But but but, Weren't we about to announce a PB, Only for the EFL to say the PB must accept that M/WW are creditors, With that they get a payout, So how can Q announce a PB, If the PB is not willing to support the EFLs credit status of the Parrasites then what is the point of announcing a PB? I think Q went into the meeting with the EFL expecting to come out with the plan agreed and MFC/WW claims being cast aside. Off the back of that it sounds like at least two bids would have been put in, possibly all three. Q probably had their favourite and could have announced quickly. Instead, the EFL pulled an ‘EFL’. The Binnie’s have obviously decided to chance their arm and submitted their bid. Q will wait and see what the other interested parties do before naming them PB. I doubt they’ll name them until mid-week. RoyMac5 and Indy 2 Link to comment Share on other sites More sharing options...
Ram-Alf Posted January 22, 2022 Share Posted January 22, 2022 1 minute ago, Jimbo Ram said: But doesn’t the latest bid cover MWW made up claims ? I thought the Binnie Bros accepts to go to court not arbitration?♂️, Don't forget this is only an offer not PB Link to comment Share on other sites More sharing options...
StaffsRam Posted January 22, 2022 Share Posted January 22, 2022 Just now, Unlucky Alf said: I thought the Binnie Bros accepts to go to court not arbitration?♂️, Don't forget this is only an offer not PB They just accepted them as potential future liabilities didn’t they? Guess we won’t know the terms exactly until the details are shared. Would have thought it more likely they’d expect the arbitration route, given that taking this to court could end up with us being expelled from the league…. Link to comment Share on other sites More sharing options...
Ram-Alf Posted January 22, 2022 Share Posted January 22, 2022 Just now, StaffsRam said: They just accepted them as potential future liabilities didn’t they? Guess we won’t know the terms exactly until the details are shared. Would have thought it more likely they’d expect the arbitration route, given that taking this to court could end up with us being expelled from the league…. Again i'm on the understanding if Binnies get the PB status, Then it's a Court appearance and not arbitration, So yes they accept to take them on, But on their terms not the EFLs ie Court Vs Arbitration. Unless someone can clarrify ?♂️ Link to comment Share on other sites More sharing options...
Rab a dab doo Posted January 22, 2022 Share Posted January 22, 2022 Going to arbitration they must believe they have more than a fair chance of winning their argument. It also gets us out of this potential stalemate situation where nothing is being resolved. Link to comment Share on other sites More sharing options...
StaffsRam Posted January 22, 2022 Share Posted January 22, 2022 12 minutes ago, Unlucky Alf said: Again i'm on the understanding if Binnies get the PB status, Then it's a Court appearance and not arbitration, So yes they accept to take them on, But on their terms not the EFLs ie Court Vs Arbitration. Unless someone can clarrify ?♂️ My understanding is that the EFL can withdraw our golden share for taking the matter outside the EFL procedures if we do that. Could be wrong though. Hope I’m wrong…. ? Link to comment Share on other sites More sharing options...
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