Rev Posted February 2, 2022 Share Posted February 2, 2022 3 minutes ago, twelveincher said: Anyone got any idea how they take their bill? Do they get first dibs on cash on the bank upon exit etc? Who gets paid first in an insolvent liquidation? In liquidation, creditors are paid according to the rank of their claims. In descending order of priority these are: Holders of fixed charges and creditors with proprietary interest in assets Expenses of the insolvent estate The insolvency practitioner’s fees and preferential creditors such as employees The ‘prescribed part’ set aside for unsecured creditors from funds owned to holders of floating charges up to a maximum financial cap, depending when the charge was created Holders of floating charges Unsecured creditors Link to comment Share on other sites More sharing options...
twelveincher Posted February 2, 2022 Share Posted February 2, 2022 3 minutes ago, Rev said: Who gets paid first in an insolvent liquidation? In liquidation, creditors are paid according to the rank of their claims. In descending order of priority these are: Holders of fixed charges and creditors with proprietary interest in assets Expenses of the insolvent estate The insolvency practitioner’s fees and preferential creditors such as employees The ‘prescribed part’ set aside for unsecured creditors from funds owned to holders of floating charges up to a maximum financial cap, depending when the charge was created Holders of floating charges Unsecured creditors So MSD… and then Quantuma… duck Link to comment Share on other sites More sharing options...
Ghost of Clough Posted February 2, 2022 Share Posted February 2, 2022 18 minutes ago, CocuBarmyArmy said: Isn’t Kellyman on a youth contract? If he is it’s not hard to see why the admin have sold him, he could be poached anyways and the club would have to wait for the money, hate to say it but it makes sense to sell now. Didn't Rooney say Omari wanted to stay? Andicis and r_wilcockson 2 Link to comment Share on other sites More sharing options...
IslandExile Posted February 2, 2022 Share Posted February 2, 2022 (edited) This is a massively worrying development. Ok, we all know that the Administrators' primary responsibility, arguably only responsibility, is to the creditors. Nevertheless, you would hope they would work with the staff - especially the manager - to ensure that the football club could be sold as a going concern. It suggests they think the arbitration of the parasites' claims will not happen quickly - or worse, may be decided in their favour. So the only way to keep the club going in the short term is by selling anyone and everyone. The sooner we are out of Administration, the better - obvs. Nixon said in one tweet that, if liquidated, we could start in League Two. He seems to have got enough right recently to suggest that he's being fed leaks by the EFL. No one else has mentioned this but it would be reassuring to know if it really is true. Not to local businesses and employees of the club, of course, and I feel for them. But the nightmare of uncertainty has to end soon. Please. Edited February 2, 2022 by IslandExile twelveincher 1 Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted February 2, 2022 Share Posted February 2, 2022 One thing. Isn't it a little concerning/strange that someone on this forum found out about Kellyman going to villa for 600k before Rooney found out? A little like when Binnies bid on the Friday and when Chris Coles asked on the Saturday Wayne said "have they, that's news to me". RadioactiveWaste, twelveincher, IslandExile and 2 others 3 2 Link to comment Share on other sites More sharing options...
RoyMac5 Posted February 2, 2022 Share Posted February 2, 2022 4 minutes ago, kevinhectoring said: are you suggesting we have the funds to complete the season but Q is not letting the EFL in on the secret ? I was asking you were you got your figures from when you were arguing with Rooney's stance. Link to comment Share on other sites More sharing options...
Crewton Posted February 2, 2022 Share Posted February 2, 2022 1 minute ago, Ghost of Clough said: Didn't Rooney say Omari wanted to stay? Yes. He's local boy apparently. Link to comment Share on other sites More sharing options...
Crewton Posted February 2, 2022 Share Posted February 2, 2022 2 minutes ago, MackworthRamIsGod said: One thing. Isn't it a little concerning/strange that someone on this forum found out about Kellyman going to villa for 600k before Rooney found out? A little like when Binnies bid on the Friday and when Chris Coles asked on the Saturday Wayne said "have they, that's news to me". Came from Nixon, didn't it? Probably via sources at Villa. MackworthRamIsGod 1 Link to comment Share on other sites More sharing options...
Eatonram Posted February 2, 2022 Share Posted February 2, 2022 6 minutes ago, MackworthRamIsGod said: Probably because he doesn't trust them. I said a fair few pages back that I'm concerned the administrators are genuinely afraid of Rooney so tell him what he wants to hear, whilst doing something completely different in the background. I also have a theory that Quantuma (Mel), are doing their upmost to make Rooney walk. Saving them a lot of wages per month. Quantuma (Mel) would then put Rosenior in for nowt. MackworthRamisGod (tediously predictable) i-Ram and Kingpin 1 1 Link to comment Share on other sites More sharing options...
RoyMac5 Posted February 2, 2022 Share Posted February 2, 2022 2 minutes ago, Crewton said: Yes. He's local boy apparently. I don't get how he can be sold against his will? Link to comment Share on other sites More sharing options...
Kingpin Posted February 2, 2022 Share Posted February 2, 2022 From his RD interview I’d not be surprised if he goes. “Untenable” blah blah. Link to comment Share on other sites More sharing options...
RoyMac5 Posted February 2, 2022 Share Posted February 2, 2022 Link to comment Share on other sites More sharing options...
Grumpy Git Posted February 2, 2022 Share Posted February 2, 2022 Administrators take the "Johnson Approach". Their chief goal is to make sure they come out of this smiling. Link to comment Share on other sites More sharing options...
strawhillram Posted February 2, 2022 Share Posted February 2, 2022 (edited) 7 minutes ago, Kingpin said: From his RD interview I’d not be surprised if he goes. “Untenable” blah blah. Agree. I think he wants to build something here, but all the foundations are being dismantled around him. everton wasn’t right for him but a championship club might be Edited February 2, 2022 by StrawHillRam RadioactiveWaste 1 Link to comment Share on other sites More sharing options...
TheresOnlyWanChope Posted February 2, 2022 Share Posted February 2, 2022 (edited) 8 minutes ago, Kingpin said: From his RD interview I’d not be surprised if he goes. “Untenable” blah blah. Has the kind of Billy Davies hasn’t heard from chairman vibe about it. Have a feeling he might go if some assurances aren’t given. Awful situation Edited February 2, 2022 by TheresOnlyWanChope Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted February 2, 2022 Share Posted February 2, 2022 10 minutes ago, Eatonram said: MackworthRamisGod (tediously predictable) Yet always right ? Link to comment Share on other sites More sharing options...
Andicis Posted February 2, 2022 Share Posted February 2, 2022 2 minutes ago, StrawHillRam said: Agree. I think he wants to build something here, but all the foundations are being dismantled around him. everton wasn’t right for him but a championship club might bed If he's turned down to Everton, he isn't going to immediately change his mind and go to a random other club. Him turning down to Everton was a huge show of faith in us. Show it back in him. r_wilcockson, BramcoteRam84, FlyBritishMidland and 1 other 4 Link to comment Share on other sites More sharing options...
CocuBarmyArmy Posted February 2, 2022 Share Posted February 2, 2022 14 minutes ago, Ghost of Clough said: Didn't Rooney say Omari wanted to stay? Fair enough if so, but just because he didn’t want to go to Villa doesn’t mean another more ‘attractive’ club won’t turn his head. Obviously not saying it’s right that Wayne wasn’t told, nor am I saying it’s a good deal for the club, I just think that it’s reasonable given the situation. Link to comment Share on other sites More sharing options...
BondJovi Posted February 2, 2022 Share Posted February 2, 2022 17 minutes ago, Rev said: It was a massively concerning interview on Radio Derby. In Rooney's words "The heart and soul of this football club is being stripped away, when a player I don't want to leave, and who doesn't want to leave himself, a local lad who only wants to play for us, is sold without notice and I'm informed via a text message from the Club Secretary". That's got to raise alarm bells, especially as Quantuma seem to say one thing to his face, and carry on business behind his back that goes against the very assurances they've given him. This is probably emotion talking, but I'm beginning to wonder if this drive to get income into the club is less about our survival, and more about meeting the Administrators bill upon liquidation. Feel totally deflated about it. Those who can get the club sold are just caught in a game of self interest. Meanwhile the fans, the players, all the staff at the club working hard, get fobbed off. The lack of professionalism from the EFL, Middlesbrough, Wycombe and our own admins is thoroughly depressing. angieram and Rev 1 1 Link to comment Share on other sites More sharing options...
strawhillram Posted February 2, 2022 Share Posted February 2, 2022 (edited) 3 minutes ago, Andicis said: If he's turned down to Everton, he isn't going to immediately change his mind and go to a random other club. Him turning down to Everton was a huge show of faith in us. Show it back in him. I’m not blaming him at all. He deserves better than what he’s been given by Quantuma Edited February 2, 2022 by StrawHillRam Link to comment Share on other sites More sharing options...
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