MPs meet Quantuma update tweet 19/01

[Oldben]

For me its clear Nick De Marco QC or someone who is a quality specialist sports lawyer needs to be engaged to take the Boro and Wycombe claims before a court of law and have those claims thrown out. 

There are obviously matters which need pursing in a court of law, so that they can be worked out in favour of Derby, which i believe they will be, assuming a qualified lawyer defends Derby.

[CBRammette]

13 minutes ago, Andicis said:

The EFL will not make an example of us, because the backlash in doing so would be too great. If you allow a club the size of Derby to go under despite multiple buyers being happy to purchase us, then the EFL knows there would be severe consequences for them. 

Yep esp given major creditor is HMRC

[teddyb16]

I think the direct line from the EFL to Steve Gibson may well be running hot. The last thing the EFL will want is for Derby to go under due to the spotlight that is on it currently. Formed in 1888 and one of those founder members goes to teh wall when people are waiting to rescue them? Wow. They will be queueuing up to be chair of the investigation group!

If they allow it to happen then the argument for an independant regulator just grows stronger and the government will come at them hard. We all know that football doesnt want that because of how secretive it is. Example, how on earth can Chelsea sit with 1.2 billion in debt but suffer no consequences? How is that a level playing field? I know they can do it because the accounting practices allow it but as soon as a regulator comes in these things will be ripped apart as they would question the integrity of the competition. 

I actually think Quantama have played their hand well so far, yes they could give us more information, yes we would like them to be transparent but to quote a great poem by Rudyard Kipling, 

"If you can keep your head when all about you   

    Are losing theirs and blaming it on you"

 

It is clear that the EFL need to govern and bring their members in to line but the deadline set by them is probably scaring them more now because Quantama can sit there and say, we have the means and the people, we just need you to give us the green light. 

[Animal is a Ram]

10 minutes ago, Duracell said:

What makes no sense is that so long as Wycombe and Boro are pursuing this as a football debt, they are guaranteed no money. This will bury us and you can't sue a liquidate club.

With that in mind, how can you come to any conclusion other than that they are trying to have us liquidated?

Exactly this. RC said it in his interview, and it was in the Boro statement, that they had no wish to see us liquidated.

It rang hollow with me when I heard/read it, and it shows even more now.

[strawhillram]

4 minutes ago, Animal is a Ram said:

Exactly this. RC said it in his interview, and it was in the Boro statement, that they had no wish to see us liquidated.

It rang hollow with me when I heard/read it, and it shows even more now.

I still can’t believe that our future  is in the hands of Gibson. In what world can a so called sporting competition be turned into this sort of bullying and spite between member clubs, and the overseeing body turn a blind eye.

 Obviously football is not a sport for gentlemen

[Tyler Durden]

Stupid question--from the off the administrators have communicated confidence that a buyer will be found.

Boro have asserted that the administrators knew all along about their compensation claim. So who would buy the club with this massive potential liability roped on.

Who is lying or did the administrators have a plan to nullify these compensation claims that now have been proved to be fallible?

[Ramarena]

Simply put Boro and Wycombe are happy to liquidate us and the EFL do not want to put themselves on the line.

Gibson would rather liquidate the club and get nothing, than try his luck in the courts!

The EFL could do something; but they won’t!

 

[CBRammette]

Have been miserable since reading the MP's thread but have realised there is no mention of discussing the 1 Feb proof of funding or we're booted out deadline unless I missed it? Surely it is this that makes us think we cease to exist then? Tweet 6 mentions player sales but not in relation to the running cost proof deadline which we should meet with player sales. Why wasnt this discussed as it so so key to us limping on post 1Feb or, with all respect, are the tweets confused? Based on the quoted refusal to sell Sibley and lack of crowdfunding attempt does that mean the funding is sorted do you think which surely gives more time to sort other two out (literally if we could!)? Am I being too optimistic?

[Animal is a Ram]

3 minutes ago, Tyler Durden said:

Stupid question--from the off the administrators have communicated confidence that a buyer will be found.

Boro have asserted that the administrators knew all along about their compensation claim. So who would buy the club with this massive potential liability roped on.

Who is lying or did the administrators have a plan to nullify these compensation claims that now have been proved to be fallible?

It seems the Admins were working along the lines of monies owed to any successful claim by Boro and/or Wycombe would be non-secured, non-footballing debt.

The EFL, for whatever reason, will not let that happen as it stands - as they are refusing to rule in either direction.

[ramboy63]

55 minutes ago, Gaspode said:

There is potentially a get out of jail (and save a small amount of face) for both the EFL and the two ambulance Chasers - if the EFL announce that they have reviewed the rules in relation to the law changing and that they have also reviewed the claims from the 2 chancers, they can then legimately say that they've told the 2 that their claims shouldn't be treated as football debts and so they will need to go to court to make their claims.

That paves the way for the PB to be announced while making the EFL look as if they've taken decisive action and still gives the scumbags a chance to press their claims (even though in reality both will realise they have virtaually no chance of success in a law court as opposed to the EFL kangaroo court they hope to appear in.....). No-one is having to publicly back down and the Rams can be saved....

Common sense says this should be a given we took our medicine (21 pts deducted) and that should be that.

The problem still lies with the fact i still think they will chance there hand which is putting potential buyers off,the league need to grow a pair and say there is no case to answer

[Sparkle]

Absolute disgrace of an organisation the EFL board are an absolute disgrace 

now tell me that Mel Morris wasn’t wrong about the EFL and the Middlesbrough parasite 

[strawhillram]

If and when Gibson withdraws his claim, he’ll hail himself as our saviour and we should forever owe him our gratitude.

[TigerTedd]

17 minutes ago, teddyb16 said:

I think the direct line from the EFL to Steve Gibson may well be running hot. The last thing the EFL will want is for Derby to go under due to the spotlight that is on it currently. Formed in 1888 and one of those founder members goes to teh wall when people are waiting to rescue them? Wow. They will be queueuing up to be chair of the investigation group!

If they allow it to happen then the argument for an independant regulator just grows stronger and the government will come at them hard. We all know that football doesnt want that because of how secretive it is. Example, how on earth can Chelsea sit with 1.2 billion in debt but suffer no consequences? How is that a level playing field? I know they can do it because the accounting practices allow it but as soon as a regulator comes in these things will be ripped apart as they would question the integrity of the competition. 

I actually think Quantama have played their hand well so far, yes they could give us more information, yes we would like them to be transparent but to quote a great poem by Rudyard Kipling, 

"If you can keep your head when all about you   

    Are losing theirs and blaming it on you"

 

It is clear that the EFL need to govern and bring their members in to line but the deadline set by them is probably scaring them more now because Quantama can sit there and say, we have the means and the people, we just need you to give us the green light. 

Oo, so it’s a game of chicken. 

Quantuma are just going to sit there waiting for February 1st and then say, “go on efl, kick us out and force us into liquidation, if you dare.”

EFL are now we’ll aware that there’s a massive poo storm coming their way if they let that happen. So Quantuma can push everything to the limits and beyond, knowing that EFL simply don’t have the balls. 

[Leeds Ram]

8 minutes ago, CBRammette said:

Have been miserable since reading the MP's thread but have realised there is no mention of discussing the 1 Feb proof of funding or we're booted out deadline unless I missed it? Surely it is this that makes us think we cease to exist then? Tweet 6 mentions player sales but not in relation to the running cost proof deadline which we should meet with player sales. Why wasnt this discussed as it so so key to us limping on post 1Feb or, with all respect, are the tweets confused? Based on the quoted refusal to sell Sibley and lack of crowdfunding attempt does that mean the funding is sorted do you think which surely gives more time to sort other two out (literally if we could!)? Am I being too optimistic?

From the tweet thread of Perkins it seems like player sales would be insufficient to meet the running costs so that does make it more clear. I think what has muddied the water is Perkins reporting that threat of liquidation looks likely if we cannot exit administration but the council leader saying they seemed confident of providing proof of funds by the 1st of feb. I think one of these accounts is correct and  one is incorrect. Given the mess we're in I don't know what to think. 

Edited January 19, 2022 by Leeds Ram

[Bald Eagle's Barmy Army]

6 minutes ago, CBRammette said:

Have been miserable since reading the MP's thread but have realised there is no mention of discussing the 1 Feb proof of funding or we're booted out deadline unless I missed it? Surely it is this that makes us think we cease to exist then? Tweet 6 mentions player sales but not in relation to the running cost proof deadline which we should meet with player sales. Why wasnt this discussed as it so so key to us limping on post 1Feb or, with all respect, are the tweets confused? Based on the quoted refusal to sell Sibley and lack of crowdfunding attempt does that mean the funding is sorted do you think which surely gives more time to sort other two out (literally if we could!)? Am I being too optimistic?

I read it that the admins are saying they don't need to sell players because everything is in place to move forward when the Boro and Wycombe claims have disappeared. Why deplete the squad when we don't need to any more than what we have. 

[TigerTedd]

6 minutes ago, CBRammette said:

Have been miserable since reading the MP's thread but have realised there is no mention of discussing the 1 Feb proof of funding or we're booted out deadline unless I missed it? Surely it is this that makes us think we cease to exist then? Tweet 6 mentions player sales but not in relation to the running cost proof deadline which we should meet with player sales. Why wasnt this discussed as it so so key to us limping on post 1Feb or, with all respect, are the tweets confused? Based on the quoted refusal to sell Sibley and lack of crowdfunding attempt does that mean the funding is sorted do you think which surely gives more time to sort other two out (literally if we could!)? Am I being too optimistic?

The tweets say that Quantuma reckon there just isn’t enough value in the squad, even if they sold every last player. So there is no point even going done that route, cos you just end up devaluing the squad. 

maybe that’s why they sold shinnie for a song. If every player is worth just £30k, then we’ll be lucky to make a million, and leave ourselves enough players to field an eligible team. 

[TheresOnlyWanChope]

3 minutes ago, TigerTedd said:

Oo, so it’s a game of chicken. 

Quantuma are just going to sit there waiting for February 1st and then say, “go on efl, kick us out and force us into liquidation, if you dare.”

EFL are now we’ll aware that there’s a massive poo storm coming their way if they let that happen. So Quantuma can push everything to the limits and beyond, knowing that EFL simply don’t have the balls. 

But where was the storm when Bury were kicked out? They don’t care 

[TigerTedd]

1 minute ago, TheresOnlyWanChope said:

But where was the storm when Bury were kicked out? They don’t care 

No disrespect to Bury, but they’re not Derby. Did you not here parliament yesterday? The storm is coming. 

[TheresOnlyWanChope]

Just now, TigerTedd said:

No disrespect to Bury, but they’re not Derby. Did you not here parliament yesterday? The storm is coming. 

I hope so but I have no faith in the EFL 

[Leeds Ram]

Just now, TigerTedd said:

No disrespect to Bury, but they’re not Derby. Did you not here parliament yesterday? The storm is coming. 

There would be a storm for a week maybe 2 and then they'd move on. They'd also likely leverage our collapse to reform the parachute payment system which is something Parry wants to do anyway.