chezzyram Posted January 23, 2022 Share Posted January 23, 2022 2 hours ago, IslandExile said: Good luck - we could use a legal expert on here. Not another one, we've got at least 200 already! IslandExile, RoyMac5 and jono 1 2 Link to comment Share on other sites More sharing options...
kevinhectoring Posted January 23, 2022 Share Posted January 23, 2022 3 hours ago, DarkFruitsRam7 said: It's taken over the course of a week. You just need 60 words from 20 posters and you’ve got plenty. All you need to do is ask Link to comment Share on other sites More sharing options...
kevinhectoring Posted January 23, 2022 Share Posted January 23, 2022 Question is whether Ashley will step in and blow the Binnies out of the water. Until we’re told otherwise I guess we assume the Binnies have put in a bid that the admins can work with. Ashley is a man for a bargain, so IF the Binnies’ offer clears the bar it’s hard to imagine Ashley will get this Link to comment Share on other sites More sharing options...
Ram1988 Posted January 23, 2022 Share Posted January 23, 2022 35 minutes ago, kevinhectoring said: Question is whether Ashley will step in and blow the Binnies out of the water. Until we’re told otherwise I guess we assume the Binnies have put in a bid that the admins can work with. Ashley is a man for a bargain, so IF the Binnies’ offer clears the bar it’s hard to imagine Ashley will get this The only thing I don't fully understand is how 28 million will cover our debts (Boro and Wycombes wild claims aside). I am fully supportive of the Binnie's offer and hoping it will start the ball rolling. Gritstone Tup 1 Link to comment Share on other sites More sharing options...
Ram a lamb a ding dong Posted January 24, 2022 Share Posted January 24, 2022 Let's sit tight and see what rollercoaster happens this week. I'm wfh tomoz so will be glued to radio. In the office Tues thru Thurs so will be distracted seeing as I won't have a regular update In summary hoping it's sorted tomoz Link to comment Share on other sites More sharing options...
kevinhectoring Posted January 24, 2022 Share Posted January 24, 2022 44 minutes ago, Ram1988 said: The only thing I don't fully understand is how 28 million will cover our debts (Boro and Wycombes wild claims aside). I am fully supportive of the Binnie's offer and hoping it will start the ball rolling. I think 28m buys the club, another 20m buys the stadium and is used to clear the MSD debt. Plus an extra 6m or whatever for working capital. Just a guess Ghost of Clough 1 Link to comment Share on other sites More sharing options...
jono Posted January 24, 2022 Share Posted January 24, 2022 Whatever the split / amount it will be the minimum needed to cover football debts, plus whatever HMRC consider better than liquidation plus x pence in the pound for normal trade creditors I’d guess that Despite the EFL’s vague and unhelpful stance Boro and WW don’t have a judgment in court so it isn’t a football debt at this point in anyones language. Dean (hick) Saunders 1 Link to comment Share on other sites More sharing options...
G STAR RAM Posted January 24, 2022 Share Posted January 24, 2022 13 hours ago, Ewetube said: Something I've wondered about, just a hypothetical. How would the parasite claims be considered by a club not in administration? Would they be expected to consider them in their accounts before they became an actual cost? Would that affect the clubs P&S submissions for that year or only if and when they became an actual cost? I don't know if anyone has any ideas on this, but it does give rise to some interesting scenarios. No accountant would recognise them in the accounts. Would possibly be noted as a contingent liability. SaffyRam, Ewetube and Tamworthram 2 1 Link to comment Share on other sites More sharing options...
PistoldPete Posted January 24, 2022 Share Posted January 24, 2022 7 hours ago, Ram1988 said: The only thing I don't fully understand is how 28 million will cover our debts (Boro and Wycombes wild claims aside). I am fully supportive of the Binnie's offer and hoping it will start the ball rolling. I don’t think it will cover the debts. And may not be the best bid received. Percy says Appleby offered over £30m Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted January 24, 2022 Share Posted January 24, 2022 My totally wild hunch. In what is a huge week for us, I'm guessing nothing will happen, the admins will remain quiet and at the 11th hour will miraculously announce they have sourced funding to keep us going until the end of Feb and they "hope to announce a PB soon". The EFL will agree to this as they want to be seen as fair and also will be happy in the knowledge we weren't able to sign anyone. The saga will run on. Book mark it, let's see how accurate it is ? jono 1 Link to comment Share on other sites More sharing options...
PistoldPete Posted January 24, 2022 Share Posted January 24, 2022 14 minutes ago, MackworthRamIsGod said: My totally wild hunch. In what is a huge week for us, I'm guessing nothing will happen, the admins will remain quiet and at the 11th hour will miraculously announce they have sourced funding to keep us going until the end of Feb and they "hope to announce a PB soon". The EFL will agree to this as they want to be seen as fair and also will be happy in the knowledge we weren't able to sign anyone. The saga will run on. Book mark it, let's see how accurate it is ? Parry seemed to be backtracking in his EFL sponsored Sky Sports interview.. 1 Feb may not be the final deadline, although Percy reckoned that without PB or other funding we would run out of cash in the 2nd week of Feb. So there may be more brinkmanship to come. Link to comment Share on other sites More sharing options...
kingsy1884 Posted January 24, 2022 Share Posted January 24, 2022 If you had the capital putting in a lower offer like Carlise Capital has and just buying the badge make some sense. With all investments its about risk and your appetite for it. Derby has high potential as a club in relative terms but with the risk of up to £51mil in possible claims against it. By putting an actual offer of 28mil you force everyone's hand as a club is now in jeopardy. The next is to deal with the boro and WW claims through arbitration. Which if its ruled in our favor (which many people assume) means you have the club at a good price. Leave Mel to stew on his useless assets a little while longer which are worthless without the club itself and put in a low offer for the remaining assets to complete the set. Easy as that. We beat Cardiff on the final day of the season to stay in the Championship and live happily ever after. ColonelBlimp, Kathcairns and jono 3 Link to comment Share on other sites More sharing options...
angieram Posted January 24, 2022 Share Posted January 24, 2022 It's the joint meeting today. Let's see what comes out of that. RadioactiveWaste and Kathcairns 2 Link to comment Share on other sites More sharing options...
PistoldPete Posted January 24, 2022 Share Posted January 24, 2022 1 minute ago, angieram said: It's the joint meeting today. Let's see what comes out of that. IS this the one where they get the waccy baccy out, just to chill out? jono, w8sey, Kathcairns and 6 others 9 Link to comment Share on other sites More sharing options...
Gritstone Tup Posted January 24, 2022 Share Posted January 24, 2022 8 hours ago, kevinhectoring said: I think 28m buys the club, another 20m buys the stadium and is used to clear the MSD debt. Plus an extra 6m or whatever for working capital. Just a guess Has Mel said in public he’s happy to take a huge loss on the stadium? If so what was the point in him grabbing it in the first place? Are people still trusting Mel to help out like this? Why on earth would Mel hand over such an asset to another multi millionaire? Link to comment Share on other sites More sharing options...
Gritstone Tup Posted January 24, 2022 Share Posted January 24, 2022 13 minutes ago, kingsy1884 said: If you had the capital putting in a lower offer like Carlise Capital has and just buying the badge make some sense. With all investments its about risk and your appetite for it. Derby has high potential as a club in relative terms but with the risk of up to £51mil in possible claims against it. By putting an actual offer of 28mil you force everyone's hand as a club is now in jeopardy. The next is to deal with the boro and WW claims through arbitration. Which if its ruled in our favor (which many people assume) means you have the club at a good price. Leave Mel to stew on his useless assets a little while longer which are worthless without the club itself and put in a low offer for the remaining assets to complete the set. Easy as that. We beat Cardiff on the final day of the season to stay in the Championship and live happily ever after. Aren’t we also useless without a stadium? Link to comment Share on other sites More sharing options...
PistoldPete Posted January 24, 2022 Share Posted January 24, 2022 Just now, Gritstone Tup said: Has Mel said in public he’s happy to take a huge loss on the stadium? If so what was the point in him grabbing it in the first place? Are people still trusting Mel to help out like this? Why on earth would Mel hand over such an asset to another multi millionaire? He had plans for a multi purpose stadium. And a premier league team. Didn’t happen did it? A big fat fail. Time for him to cut his losses now which I think he is doing. Link to comment Share on other sites More sharing options...
PistoldPete Posted January 24, 2022 Share Posted January 24, 2022 1 minute ago, Gritstone Tup said: Aren’t we also useless without a stadium? Forest were not that useless Tbf on Saturday. Do they own the stadium? Link to comment Share on other sites More sharing options...
CBRammette Posted January 24, 2022 Share Posted January 24, 2022 2 minutes ago, Gritstone Tup said: Has Mel said in public he’s happy to take a huge loss on the stadium? If so what was the point in him grabbing it in the first place? Are people still trusting Mel to help out like this? Why on earth would Mel hand over such an asset to another multi millionaire? I dont think most have any expectation of him doing anything let alone any trust whatsoever. However he is still a huge player in what happens to us and I just have a smidgeon of hope left that he doesnt actually want us liquidated/still wants to beat EFLand Gibson/is a fan. Miggins 1 Link to comment Share on other sites More sharing options...
Gritstone Ram Posted January 24, 2022 Share Posted January 24, 2022 There is still a big mess that needs sorting and I still think the Morris Gibson thing is rumbling along. We are stuck in the middle on neither side really but want the club to continue and are prepared to do what it takes. Link to comment Share on other sites More sharing options...
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