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The Administration Thread


Boycie

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3 minutes ago, Ghost of Clough said:

Nixon sources: massive claim (£45m?)
Other sources: small claim (£7m)

£45m on the actual claim to put the poops up everyone

£7m what nice guy Stevie will take to bog off and shout endlessly about cheating for years in ranty statements and to journalists.

£0 what he's entitled to as he's not a creditor of an insolvent business.

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3 minutes ago, Sparkle said:

He wants to find out what MM will accept for the stadium so that he can use that figure to challenge the stadium sale all over again. Irrespective of it being dealt with

Either that, or use it to force him to give it away for nothing...

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2 minutes ago, RadioactiveWaste said:

It's pretty much all they can do though.

Short of the government actually forcing something to happen, which in a democracy is very rare (and almost certainly a good thing)

The MPs don't have a lot of power over this, just a very visible position and ultimately the decision to reform football governance, but that is way to far away to help us.

The implementation of the recommendations from the fan-led review is certainly a big lever to pull. Get an independent regulator in place asap. They can also pass legislation to elevate HMRC to the top of any creditor listing in future cases, which in itself will put the fear of God not only up the EFL but every other club in the land. They’re being far too passive given the severity of the situation, the lateness of the hour, and the distinct lack of both progress and pragmatism. MPs have asked for the latter and the EFL are continuing to take the p***.

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2 minutes ago, Sparkle said:

He wants to find out what MM will accept for the stadium so that he can use that figure to challenge the stadium sale all over again. Irrespective of it being dealt with

None of his business to be honest. Whilst the stadium maybe valued at X, that doesn't mean it can only be sold at X. 

Valuation is nothing more than a guide as to what it's worth. 

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2 minutes ago, David said:

None of his business to be honest. Whilst the stadium maybe valued at X, that doesn't mean it can only be sold at X. 

Valuation is nothing more than a guide as to what it's worth. 


This ⬆️ 

Regardless of the valuation something is only worth what someone is willing to pay. 

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17 minutes ago, David said:

None of his business to be honest. Whilst the stadium maybe valued at X, that doesn't mean it can only be sold at X. 

Valuation is nothing more than a guide as to what it's worth. 

And obviously the same people that didn't bat an eyelid when we paid £5m for Tom Lawrence, are now demanding we sell him for £250k.  Circumstances change, and values change.

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Interested to see what limp wristed response we’ll get back from the Admins, not that they’ll meet any deadlines or targets anyway. To me they look like rabbits in headlights out of their depths and unable to work out where to start first. 

Tell Boro and Wycombe to get ******, tell them to stick their biased meetings and process of arbitration up Their ****

Go to court, get an answer either way and put this to bed one way or another.

Stop pussyfooting around now and take action

 

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24 minutes ago, Sparkle said:

He wants to find out what MM will accept for the stadium so that he can use that figure to challenge the stadium sale all over again. Irrespective of it being dealt with

Yes he wants to find out the value of the stadium but I don’t think for the purpose you’re suggesting, it’s more if Mel wants £20m to pay off MSD, I want money forcing Mel to put his hand in his pocket again Re:Stadium and additional cash in the whole deal goes to Boro.

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18 minutes ago, BramcoteRam84 said:

Yes he wants to find out the value of the stadium but I don’t think for the purpose you’re suggesting, it’s more if Mel wants £20m to pay off MSD, I want money forcing Mel to put his hand in his pocket again Re:Stadium and additional cash in the whole deal goes to Boro.

This still smacks of extortion. Mel is obviously now not popular with Rams Fans quite rightly. But he owes Gibson nothing, so why should he pay him anything? If Mel still has the wealth to forgo £7-10 million...why would he give hit to Gibson? The stadium sale is no longer an issue as it was deemed by the EFL to be ok and the valuation to be accurate. What the owner (Mel) does with the stadium is NOTHING to do with Gibson. If he wants to gift it to Derby he can, If he wants to sell at a figure to pay off MSD he can, If he wants to rent it to the new owner he can...it has F All to do with Gibson.

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1 hour ago, RoyMac5 said:

Today Nicko seems to be bashing the B/WW claim trolls. 

 

Yeh but to get the full picture Mel does have to be there because part of the stadium purchase of Mels was a loan by MSD. MSD also have money tied up in the club, so presumably their guarantee  if the club goes belly up is the stadium!?

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Has Gibson made a tactical error with his desire to rush out aa statement so soon after the EFL one? Admitting that the stadium is his main issue seems to invalidate his claim for any form of compensation (at least from DCFC - though it does still leave the possibility for him to sue the EFL for making such a pigs ear of their rules)

Edited by Gaspode
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