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The Administration Thread


Boycie

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Can we just sue the efl for not letting us move forward,boro and ww should not get a penny or as been said before we should be able to sue the efl, for not keeping villa, Bournemouth,  qpr within the ffp rules and sue the clubs as well.  I'm sorry but the efl has to be disbanded right now and have the police look into there (allegedly) fraudulent ways ??

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So presumably the High Court is the only option then. If Quantuma have had legal advice that they aren’t creditors, then they legally can’t pay them anything without risking legal action from the other creditors etc. No amount of arbitration will change that. So we need a higher authority to make a decision.

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Just now, Jimbo Ram said:

Agree. I can’t believe they will win their case there. The problem might be how long it takes.

Hoskins said on Saturday that one of his powers as Administrator is being able to apply an urgency clause to get prioritised court listings. As soon as it’s actually in front of a court the fairytale claims will take about 5 minutes to fall apart.

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I like every other fan have no knowledge of what discussions have taken place between the administration team and the ELF, any prospective buyers, and the two football clubs trying to put us out of business.

The press statements that have been released by various parties have told us bugger all. We are still as much in the dark, regarding whether or not we will still have a team to support, as we were at the start of this mess.

As we go further into February the more I feel like we are slowly drowning while people on the beach may be doing a lot of waving and shouting but are going nothing to help us. In fact it appears there's some that are doing their best to stop the lifeboat being launched.

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10 minutes ago, Kathcairns said:

If eventual outcome is liquidation why should we wait till the end of the season to finish the fixture list so the efl escape all the hassle

It won’t be us waiting to the end of the season. It will be the administrators dragging it out until then.

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It's a typical statement from the EFL as we have experienced over many months in one form or another.  Obfuscation at its worst.

There are only four parties that need to get together - us (the administrators), MFC, WW and the EFL. The rest are hangers on. The EFL have now seemingly made their position clear - they believe that MFC and WW have a case and should be treated as football creditors. 

Separately from this WW, and MFC, have said that they will negotiate ie accept a slug of money less than their starting point.  BBC reporter on sportscene tonight suggested that £7m should sort it.  Chris Coles didn't ask him how he knew that.

The administrators now have a choice, so at least it has moved forward a (small) step. Either 1) negotiate a financial deal or 2) take them to the High Court for the court to decide (a risk of us losing and costs and a problem of time).  

If I were the administrators and sure of my case I would be talking to the bidders and asking them what they would be prepared to do/fund.  If I were the bidders and the administrators I would be going to the High Court.  Stuff the EFL and their poxy, belated attempts at sorting this out.  They should have been doing this 12 months ago.  It is they and the 2 scum clubs that are the enemy here. 

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Totally utterly lost for words.  Why only NOW decide they're classing them a debts. Their rules don't even comply with insolvency law.  Their statement twists and spins so much.  We've been proactive. Total poo. As agreed by all 72 clubs... and?  With so many MPs involved someone, just someone has to come in and say enough is enough.  Every way we turn they do something to block and hinder. I need a drink. ?

Edited by BucksRam
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33 minutes ago, QuitYourJibbaJivin said:

 

So the EFL believe the claims should be classed as football debt, did I read that right? So literally any number that WW or MFC plucked out of their heads, we’d have to pay? 

I guess they are saying that _if_ they are a debt _then_ they are a football-related debt, and therefore we would owe the money in full. So they won't let the administrators do what they would if this was any other type of business: simply reject the claims on their own authority. Legally we could do that, but we'd be kicked out of the league. 

The EFL are saying that we either settle the claim now or find a buyer willing to accept a ruling on whether we owe money, and how much, after a sale. 

It all seems a bit unfair. The reason administration law allows the administrators to compromise away speculative claims like this is because that's the only way real creditors get paid, and stricken businesses get sold. 

Feels like the only way forward is a ruling on the substantive issue, ie whether we owe these clubs anything and if so how much. Failing that I guess some sort of ruling on whether the EFL rules - requiring not just that _actual_ football debts are paid, but that 'potential' ones protected from normal administration processes - are excessively restrictive. But given that we are talking about membership of a club with its own rules, I'm not sure how we'd do that. 

 

Edited by vonwright
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This just gets worse when you think it can't!!!

So basically they are creditors ...I'd now like Leeds and several other clubs to come forward and say they have a claim then as we beat Leeds in semi of play offs ....then we counter act it with claims against Villa, QPR Bournemouth etc

Just turn it into a massive bigger mess than it already is.....

I've said this before but I would send a statement out saying DCFC are not going to give 1 penny to the parasites of football until it has been heard in court of law and if we lose I'd liquidate the club 

The EFL yet again proving they are not worth negotiating with as it will never be on a level playing field and the  insolvency LAW is being totally disregarded by a tinpot football league so called governing body.....

I might be on my own here but i hope it turns on parasite Gibson ay Boro away...every chant should be aimed at him....he's a total disgrace to the game of football...yes! the game ...something that we all love but has become secondary to us over the last two years ....the game was not meant to be run like this with lawyers and court hearings and arbitration...when i grew up falling in love with the game it was all about Football......the EFL are an utter disgrace and not worth dealing with ...we need to much higher than them and could do with Morriss helping us by letting the ground go for nothing to the PB....................

I don't think I've ever felt as angry as i do at the moment ?

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