Derby County

[ExiledAjax]

1 hour ago, lenred said:

It amazes me how so many of their fans think they can just wipe the slate clean so to speak in regards all of their past financial misdemeanours and then expect everyone else to just suck it up and crack on. It won’t wash. 

I mean...if they liquidated and set up a new company/club...well that would be one way.

[BTRFTG]

2 hours ago, AnotherDerbyFan said:

£81.1m had to be proven to be of fair value. Any transfer of stadium to a new club owner would not have to pay fair value.

From both an accounts/tax perspective and also EFL's F&S /FFP I'd love to understand the logic how verified assets may be purchased/transferred at discount. After all, that was the point in Derby concocting the inflated DRC 'market' (sic) value in the first place.

[Mr Popodopolous]

2 hours ago, ExiledAjax said:

I mean...if they liquidated and set up a new company/club...well that would be one way.

On that note, Nixon reported a few weeks back or Tweeted I dunno which, but anyway that if liquidation was the outcome then they might be minded to let the new club start again in League Two for 2022/23.

I'd say theoretically acceptable, provided that it came with the correct terms and conditions, ie a - 15 for not exiting administration correctly, a two year Business Plan and any other reasonable conditions that the EFL could think of- it could certainly form the basis of an offer to Derby's new owners.

Then again no other insolvent League club has been afforded that privilege.

Edited February 16, 2022 by Mr Popodopolous

[ExiledAjax]

34 minutes ago, Mr Popodopolous said:

On that note, Nixon reported a few weeks back or Tweeted I dunno that if liquidation was the outcome then they might be minded to let the new club start again in League Two.

I'd say theoretically acceptable, provided that it came with the correct terms and conditions- ie a - 15 for not exiting administration correctly, a two year Business Plan and any other reasonable conditions that the EFL could think of- it could certainly form the basis of an offer to Derby's new owners.

Unacceptable for me. Why should League 2 have to swallow the Championship's shit? Why should (at the time of writing) Stockport, Chesterfield, or Boreham Wood be denied promotion because Mel Morris is a dodgy shit and Quantuma couldn't find a buyer? I would be genuinely angry at the EFL for running a closed shop like that. It's the kind of rank protectionism that Parry et al are all too quick to accuse the Premier League of.

Edited February 16, 2022 by ExiledAjax

[Davefevs]

1 hour ago, BTRFTG said:

From both an accounts/tax perspective and also EFL's F&S /FFP I'd love to understand the logic how verified assets may be purchased/transferred at discount. After all, that was the point in Derby concocting the inflated DRC 'market' (sic) value in the first place.

Just thinking out aloud, so bear with me.

We all know that P&S return is fairly closely linked to the P&L, but it is not an exact like for like, e.g. there are exclusions, allowables etc.  Although Derby might buy the ground for £x million (significantly less than £81m), and put it through the new company’s accounts as such, there might be nothing to stop EFL saying they can’t put that value in their P&S Return???

[Davefevs]

2 minutes ago, ExiledAjax said:

Unacceptable for me. Why should League 2 have to swallow the Championship's shit? Why should (at the time of writing) Stockport, Chesterfield, or Boreham Wood be denied promotion because Mel Morris is a dodgy shit and Quantuma couldn't find a buyer? I would be genuinely angry at the EFL for running a closed shop like that. It's the kind of rank protectionism that Parry et al are all to quick to accuse the Premier League of.

Unacceptable to me also.  Uni bond or wherever down the ladder imho.

[ExiledAjax]

2 minutes ago, Davefevs said:

Unacceptable to me also.  Uni bond or wherever down the ladder imho.

Yep, Dog & Duck and then work your way back up from there.

[Monkeh]

52 minutes ago, Mr Popodopolous said:

On that note, Nixon reported a few weeks back or Tweeted I dunno which, but anyway that if liquidation was the outcome then they might be minded to let the new club start again in League Two for 2022/23.

I'd say theoretically acceptable, provided that it came with the correct terms and conditions, ie a - 15 for not exiting administration correctly, a two year Business Plan and any other reasonable conditions that the EFL could think of- it could certainly form the basis of an offer to Derby's new owners.

Then again no other insolvent League club has been afforded that privilege.

If that happened, Stockport Hereford Chester, and the countless other clubs to be expelled from the league would take legal action

[Mr Popodopolous]

Bury were the only ones expelled I thought.

All the same I agree with a lot of what you 3 say, it'd be preferential treatment surely.

The problem is, that MPs from Derbyshire are making quite a lot of noise and there is a school of thought on the Derby forum, well there are two about this.

1) The EFL at serious risk of being replaced, perhaps accelerated by Derbygate.

2) The EFL will not survive in its present form owing to Derby and the saga.

[Mr Popodopolous]

5 hours ago, AnotherDerbyFan said:

If he wanted money for it he'd be charging rent. £0 paid or requested since entering admin...

Missed this post, a paper rent needs adding back for the period for P&S calculations.

[Mr Popodopolous]

4 hours ago, lenred said:

It amazes me how so many of their fans think they can just wipe the slate clean so to speak in regards all of their past financial misdemeanours and then expect everyone else to just suck it up and crack on. It won’t wash. 

I think a sizeable number of their fans believe the - 21 across FFP and administration should be or would be the punishment.

[chinapig]

20 minutes ago, Mr Popodopolous said:

Bury were the only ones expelled I thought.

All the same I agree with a lot of what you 3 say, it'd be preferential treatment surely.

The problem is, that MPs from Derbyshire are making quite a lot of noise and there is a school of thought on the Derby forum, well there are two about this.

1) The EFL at serious risk of being replaced, perhaps accelerated by Derbygate.

2) The EFL will not survive in its present form owing to Derby and the saga.

Given that the EFL is the 72 clubs it's hard to see what it could be replaced by exactly. More revenge fantasies from Derby fans?

Though if an independent regulator comes to pass that part of its role would pass over of course but there would still be a need for a board and executive for other purposes.

[Mr Popodopolous]

Interesting read, not a dig.

https://ramstrust.org.uk/wp/dcfc-supporters-groups-meet-efl/

I like this bit...

Quote

Would Mel Morris pass the Owners’ & Directors’ Test?

* Yes – he has only been involved in 1 football club insolvency. The ruling is 2 failures to fail the test.

Mr Snrub- or is it "Mel Morris at EFL HQ when discussing the Fit and Proper Test"?

Hope Derby fans on here take it in the spirit it is intended- it's quite a light hearted take I believe.

I do kinda love though that one Football Insolvency? Crack on! It needs to happen twice to be excluded- Steve Dale, Ken Anderson could easily buy a club in theory! Mind you Risdale on the EFL Club Rep Board, Shaun Harvey who took Leeds into administration twice and did a bad financial job at Bradford- Secretary at Scarborough in the 1990s (they no longer exist so I wonder)? was appointed head of the entire EFL!!

Edited February 18, 2022 by Mr Popodopolous

[ExiledAjax]

25 minutes ago, Mr Popodopolous said:

Interesting read, not a dig.

https://ramstrust.org.uk/wp/dcfc-supporters-groups-meet-efl/

I like this bit...

Mr Snrub- or is it "Mel Morris at EFL HQ when discussing the Fit and Proper Test"?

Hope Derby fans on here take it in the spirit it is intended- it's quite a light hearted take I believe.

The exasperation of the EFL seeps through every line of their answers. The amount of eye-rolling at some of those questions must have been truly incredible.

@Mr Popodopolous I would add that the following snippets should worry Derby fans. There seems to be an awful lot of work to do just to get the bids lined up and any exit approved by creditors. Qunatuma haven't even finished DD on potential owners and directors? No plan put forward to cover creditors? This is weeks or months, not days, away from being resolved.

* As well as confirming the position on those [Boro and Wycombe] claims, the administrators also need to present a plan which covers the outstanding issues including debt to MSD, ongoing use of Pride Park Stadium, repayment to HMRC and all Football & unsecured creditors in line with the EFL insolvency Policy.

* The EFL are cautious about the announcement that a preferred bidder would result in the wholesale release of conditions on the club until they see the details of the proposal to cover the above matters. Previous club administrators have presented bidders who did not fulfil EFL criteria to come out of insolvency under their rules.

* They [presumably the EFL] have had initial discussions with the prospective bidders but are yet to receive full details. They are not aware of any issues at present but need to work through the process with the Administrators. This includes receiving full details of all proposed Directors & beneficial shareholders – who all need to pass the Owners’ & Directors’ Test. They also need to see and assess the source and sufficiency of funding necessary to acquire and operate the Club which includes funds to complete the current season and for the next 2 years alongside understanding how they are going to meet the terms of the League’s Insolvency Policy.

PS. If anyone from RamsTrust reads this, please consider your use of pronouns in future minutes. I suggest using initials or abbreviated names such as "Q", "EFL" etc rather than a really quite liberal use of the word "They".

Edited February 18, 2022 by ExiledAjax

[REDOXO]

 

Any latest regarding Wycombe Wanderers claim.
 

I see DCFC administrators are inviting bids by the end of day today, but I have seen nothing in respect of a settlement with Couhig. 

[Davefevs]

12 minutes ago, REDOXO said:

 

Any latest regarding Wycombe Wanderers claim.
 

I see DCFC administrators are inviting bids by the end of day today, but I have seen nothing in respect of a settlement with Couhig. 

Is that 5pm cutoff, or post-match?

[ExiledAjax]

3 minutes ago, REDOXO said:

 

Any latest regarding Wycombe Wanderers claim.
 

I see DCFC administrators are inviting bids by the end of day today, but I have seen nothing in respect of a settlement with Couhig. 

Seen nothing more than you have. From what I've read Wycombe have not ever actually issued a formal claim. I think the most I have seen is that they've maybe sent in a letter before action. 

I'd expect a statement from Quantuma tomorrow or Friday (Friday has been the typical day for a flurry of statements by various parties).

2 minutes ago, Davefevs said:

Is that 5pm cutoff, or post-match?

I'd expect it is "close of business" which in this world means 23:59.

[Davefevs]

1 minute ago, ExiledAjax said:

Seen nothing more than you have. From what I've read Wycombe have not ever actually issued a formal claim. I think the most I have seen is that they've maybe sent in a letter before action. 

I'd expect a statement from Quantuma tomorrow or Friday (Friday has been the typical day for a flurry of statements by various parties).

I'd expect it is "close of business" which in this world means 23:59.

Quite a big game tonight.  Lose and you’re buying a Lg1 club, win and you might think you could still be buying a Champ club.

[ExiledAjax]

6 minutes ago, Davefevs said:

Quite a big game tonight.  Lose and you’re buying a Lg1 club, win and you might think you could still be buying a Champ club.

Thankfully Reading have finally showed some competence in recent weeks. Lawrence out for three games as well, and reportedly dispatched to Dubai by Rooney, should lessen the chances of any points against Millwall, Luton and Cardiff.

Millwall are perfectly capable of winning or drawing tonight. People will point to their poor away form and Derby's strength at home, but based on our games against Derby and Millwall I'd say this game could end with any of the 3 results.

[Monkeh]

Still no formal bid,

Smells of the administrators stringing things along and now have nothing left to hide behind

[Mr Popodopolous]

There were noises- although I've not really followed any news on Derby for a few days- that preferred bidder to be named Friday?

[ExiledAjax]

2 minutes ago, Mr Popodopolous said:

There were noises- although I've not really followed any news on Derby for a few days- that preferred bidder to be named Friday?

Just based on the fact that Quantuma have asked the 3 bidders for formal bids by the end of today. Assumptions are then that those bids will be checked and briefed to the EFL tomorrow, and an announcement made on Friday.

Nothing more than assumption and presumption.

Although those bidding can be 99% certain that they are now bidding for a league 1 club.

Edited February 23, 2022 by ExiledAjax

[Waconda]

9 minutes ago, ExiledAjax said:

Just based on the fact that Quantuma have asked the 3 bidders for formal bids by the end of today. Assumptions are then that those bids will be checked and briefed to the EFL tomorrow, and an announcement made on Friday.

Nothing more than assumption and presumption.

Although those bidding can be 99% certain that they are now bidding for a league 1 club.

Still think they can stay up - Reading have just named Ince as manager !!!

[ExiledAjax]

Just now, VT05763 said:

Still think they can stay up - Reading have just named Ince as manager !!!

Derby will not stay up.

[Davefevs]

4 minutes ago, VT05763 said:

Still think they can stay up - Reading have just named Ince as manager !!!

And his mum as scout.

[Mr Popodopolous]

Will leave the honours to @Hxj but...

Reading winning 2 in a row (yes Derby also won Saturday).

Barnsley winning Tuesday- 2 in 3 actually.

Then the possibility of a new manager bounce for Peterborough as McCann reappointed and Reading with Ince.

Things look a bit trickier how.

[ExiledAjax]

11 minutes ago, Mr Popodopolous said:

Will leave the honours to @Hxj but...

Reading winning 2 in a row (yes Derby also won Saturday).

Barnsley winning Tuesday- 2 in 3 actually.

Then the possibility of a new manager bounce for Peterborough as McCann reappointed and Reading with Ince.

Things look a bit trickier how.

Derby have the harder run in as well.

Average ppg of Derby's remaining opponents is 1.46, for Reading it's 1.29. This is mainly because Derby have to play all of the top 3, Bournemouth and QPR away and Fulham at home. Reading have only one game left against Fulham.

Look for the games on 15 and 18 of April in particular, I think that may be when it's finally sorted mathematically. Those fixtures are Fulham and QPR for Derby, and Sheff Utd and Hull for Reading. 2 losses for derby coupled with any points at all for Reading and it'll probably be sealed.

 

[Mr Popodopolous]

1 hour ago, ExiledAjax said:

Derby have the harder run in as well.

Average ppg of Derby's remaining opponents is 1.46, for Reading it's 1.29. This is mainly because Derby have to play all of the top 3, Bournemouth and QPR away and Fulham at home. Reading have only one game left against Fulham.

Look for the games on 15 and 18 of April in particular, I think that may be when it's finally sorted mathematically. Those fixtures are Fulham and QPR for Derby, and Sheff Utd and Hull for Reading. 2 losses for derby coupled with any points at all for Reading and it'll probably be sealed.

 

We don't know if Hull will freefall, actually it's Bournemouth for Reading out of the top 3 but agreed on run-in.

23rd April- oh what's the game that day? Imagine a scenario whereby for Derby every game is a Cup final and must win.

We go there and park the bus or perhaps more likely play on the break. 90 mins Derby hanging on reasonably well to a 1-0 and then...

"Massengo, Massengo to Williams- Williams looks up and plays it to Martin- Martin holds it up and flicks it on- Martin to Weimann, back to Martin and he hits it...it hits the bar but the rebound falls to Weimann..the scrambled rebound!! GOALl!!

"GOAL for Andi Weimann! On his return, his goal- the coup de grace- has salvaged a point for Bristol City and has seen Derby County slide into the third tier for the first time in a generation, since the 1980s".

Derby go down, Weimann (who Lampard sold) with the coup de grace, and indirectly Martin too- and the ultimate vindication for NP!

Edited February 24, 2022 by Mr Popodopolous

[ExiledAjax]

30 minutes ago, Mr Popodopolous said:

We don't know if Hull will freefall, actually it's Bournemouth for Reading out of the top 3 but agreed on run-in.

23rd April- oh what's the game that day? Imagine a scenario whereby Derby every game is a Cup final and must win.

We go there and park the bus or perhaps more likely play on the break. 90 mins Derby hanging on grimly to a 1-0 and then...

"Massengo, Massengo to Williams- Williams looks up to Martin- Martin holds it up and flicks it- Martin to Weimann, back to Martin and he hits it...the bar but the rebound...the rebound!! Goal!!

"GOAL for Chris Martin! On his return, his goal- the coup de grace has salvaged a point for Bristol City and has seen Derby County slide into the third tier for the first time in a generation, since the 1980s".

Derby go down, Martin with the coup de grace, and indirectly Weimann too- and the ultimate vindication for NP!

It is written 

[Mr Popodopolous]

20 minutes ago, ExiledAjax said:

It is written 

Have edited it with one or two little bits thinking back, after all Weimann was actively sold whereas Martin perhaps couldn't renew for financial reasons- they can combine but perhaps the final word to Weimann.

[GreedyHarry]

8 hours ago, ExiledAjax said:

Derby have the harder run in as well.

 

I expect this was planned deliberately by the EFL in retaliation for being made to dance on strings for so long.

[Monkeh]

So any news on this takeover since another deadline has passed?

[REDOXO]

20 minutes ago, Monkeh said:

So any news on this takeover since another deadline has passed?

Not from Quantuma! There is a whisper that none of the bidders have met minimum conditions. But it’s all just rumors. 
 

The fact that Quantuma have said zero  for 48 hours leads me to believe there is back n forth over value , debt and the ground. 

[supercidered]

Apparently work on the statue of Rooney for outside of the ground have been put on hold and they keys to the city ceremony has also been shelved. 

[1960maaan]

 

This is all I can find, nothing much yet.

Derby County's administrators are reviewing the offers to buy the club that were made before Wednesday's 5pm deadline and are seeking clarification on a number of issues before deciding on a preferred bidder.

It is still not clear how many bids were lodged, but Sky Sports Newsunderstands a number of late enquiries were made by parties other than the three who had already expressed clear interest in a takeover.

Complete confidentiality now surrounds the process, as the administrators study the financial details of each bid and discuss the finer details of the terms presented by the would-be buyers.

It may be Friday - or later - before any announcement is made about which buyer has been selected to move to the next stage and try to complete a takeover.

Whilst there has been no comment from any of the interested parties or the administrators themselves, Sky Sports News believes former Newcastle owner Mike Ashley did make a formal bid to buy Derby shortly before Thursday's deadline.

Former Newcastle managing director Lee Charnley was seen in the directors' box at Pride Park during Wednesday night's defeat to Millwall.

[slartibartfast]

4 minutes ago, 1960maaan said:

 

This is all I can find, nothing much yet.

Derby County's administrators are reviewing the offers to buy the club that were made before Wednesday's 5pm deadline and are seeking clarification on a number of issues before deciding on a preferred bidder.

It is still not clear how many bids were lodged, but Sky Sports Newsunderstands a number of late enquiries were made by parties other than the three who had already expressed clear interest in a takeover.

Complete confidentiality now surrounds the process, as the administrators study the financial details of each bid and discuss the finer details of the terms presented by the would-be buyers.

It may be Friday - or later - before any announcement is made about which buyer has been selected to move to the next stage and try to complete a takeover.

Whilst there has been no comment from any of the interested parties or the administrators themselves, Sky Sports News believes former Newcastle owner Mike Ashley did make a formal bid to buy Derby shortly before Thursday's deadline.

Former Newcastle managing director Lee Charnley was seen in the directors' box at Pride Park during Wednesday night's defeat to Millwall.

Q.  When is a deadline NOT a deadline?

A.  When it's anything to do with WRDC !

[1960maaan]

2 minutes ago, slartibartfast said:

Q.  When is a deadline NOT a deadline?

A.  When it's anything to do with WRDC !

I guess it's a deadline for offers, then the Admin look through the crooks, I mean offers.

It does seem like that though. They've taken the piss from the start, their fans thought it was funny until the shit hit the fan and the EFL put their foot down. 

[ExiledAjax]

Bear in mind that yesterday's deadline was set by Quantuma, who also will be dictating what any 'formal bid' needs to look like, and the criteria it needs to fulfil. Now obviously some of those requirements ultimately derive from the requirements of the EFL and of insolvency law, but basically Q can extend or relax this process as much as they like.

Now, they are supposed to prove funds for the remainder of the season to the EFL next week, hence the deadline this week, but again, that is flexible to an extent. Work over the weekend, work al night, get the bids in and check them, and get your stuff to the EFL.

So when is a deadline not a deadline? When it's set by you and entirely within your control.

[Sir Geoff]

The proof of funds deadline to the EFL is looming next week (Monday / Tuesday). Already been given a months extension. I can't see that being repeated. Seems like they have one working day left to prove they have sufficient funds or the EFL will surely pull the plug on them, preferred bidders or not.

[Marvin]

On a slight tangent there is an interesting 6 part programme on BBC Sounds about the fraudster who took over Notts County.  That didn't end well. 

 

https://www.bbc.co.uk/sounds/play/p0bq3935

 

[Midred]

Luckily clubs don't get into this position very often but have any other club (recently) been given this much leeway given the rule breaking over ffp and account submittion that Derby have? (If that makes sense?)

[Monkeh]

2 minutes ago, Midred said:

Luckily clubs don't get into this position very often but have any other club (recently) been given this much leeway given the rule breaking over ffp and account submittion that Derby have? (If that makes sense?)

I think they all get the same slack to be fair, the difference is the size of the club, because its Derby its more prominent then Oldham for example

[Midred]

1 minute ago, Monkeh said:

I think they all get the same slack to be fair, the difference is the size of the club, because its Derby its more prominent then Oldham for example

Just waiting for the east midland news, they're bound to know what's going on after all they've been promising big news all week!

[Sleepy1968]

3 hours ago, ExiledAjax said:

So when is a deadline not a deadline? When it's set by you and entirely within your control.

EXTENDED BY POPULAR DEMAND! DON'T MISS OUT!!!!

[downendcity]

1 hour ago, Midred said:

Luckily clubs don't get into this position very often but have any other club (recently) been given this much leeway given the rule breaking over ffp and account submittion that Derby have? (If that makes sense?)

Just wait until next year if/when we breach.

Not having tried underhand or devious tactics, not "sold" our ground to circumvent ffp, never failed to pay players wages, not delayed submission of accounts or threatened legal action for the EFL maliciously persuing  BCFC watch us get the book thrown at us with a massive points detection and no right of appeal!

 

 

[Midred]

2 minutes ago, downendcity said:

Just wait until next year if/when we breach.

Not having tried underhand or devious tactics, not "sold" our ground to circumvent ffp, never failed to pay players wages, not delayed submission of accounts or threatened legal action for the EFL maliciously persuing  BCFC watch us get the book thrown at us with a massive points detection and no right of appeal!

 

 

You haven't included the discretionary submission from the ref's union of 20 red cards, 65 yellow cards and a 5 year ban on penalty awards!

[REDOXO]

2 hours ago, downendcity said:

Just wait until next year if/when we breach.

Not having tried underhand or devious tactics, not "sold" our ground to circumvent ffp, never failed to pay players wages, not delayed submission of accounts or threatened legal action for the EFL maliciously persuing  BCFC watch us get the book thrown at us with a massive points detection and no right of appeal!

 

 

 

2 hours ago, Midred said:

You haven't included the discretionary submission from the ref's union of 20 red cards, 65 yellow cards and a 5 year ban on penalty awards!

Let’s not get as paranoid as the natives of Derbyshire. I think there is a long way to go before the EFL starts handing out sanctions and if they do most/a lot of other clubs have the same issues.

 

[Monkeh]

11 hours ago, downendcity said:

Just wait until next year if/when we breach.

Not having tried underhand or devious tactics, not "sold" our ground to circumvent ffp, never failed to pay players wages, not delayed submission of accounts or threatened legal action for the EFL maliciously persuing  BCFC watch us get the book thrown at us with a massive points detection and no right of appeal!

 

 

We won't breech, sell Scott  fir the rumoured 25 mil and we are fine

[Hxj]

After a couple of recent wins a second consecutive loss for Derby - they are running out of games.

An easy way to look at it is that Derby started the season 15 points behind Reading,  to catch up it was an extra 1/3 points per game over Reading's result.

Now they are only 8 points behind, but have only 12 games left so that has moved out an extra 2/3 points per game, the rate has doubled.

Another issue is that Barnsley have won 3 in 5 and are now back ahead of Derby, so even if Reading go into meltdown, Derby still need to better Barnsley's results.

[Mr Popodopolous]

Had a quick skimread of this again and a bit that I missed...

Quote

* This figure would not cover the outstanding debt to MSD & HMRC, never mind Football Debts, unsecured creditors and potential stadium costs (including unpaid rent to the stadium company).

Regardless of what arrangement Mel Morris and the new owner might come to regarding the ground, I do hope for the integrity of the game that this unpaid rent is counted in the FFP costs now and moving forward- probably won't make a difference to the figures to 2021 but 2021/22 onwards...the integrity of the game is quite important- even if it's only a paper cost.

https://ramstrust.org.uk/wp/dcfc-supporters-groups-meet-efl/

[Monkeh]

D day today,

No new owner by tonight and Derby will be thrown out of the league and liquidated 

[slartibartfast]

2 hours ago, Monkeh said:

D day today,

No new owner by tonight and Derby will be thrown out of the league and liquidated 

Unless D-day is moved AGAIN ?

[Midred]

2 hours ago, Monkeh said:

D day today,

No new owner by tonight and Derby will be thrown out of the league and liquidated 

Quite appropriate for  Derby Day!

[Mr Popodopolous]

Moaning MPs might get things extended, in any case think Nixon a while ago said they can meet outgoings until mid or late March?

[Bristol Rob]

6 hours ago, Monkeh said:

D day today,

No new owner by tonight and Derby will be thrown out of the league and liquidated 

Just don't see that happening. 

Hope not anyway, would like to think someone would find the funding until the end of the season.

[P'head Red]

7 hours ago, Monkeh said:

D day today,

No new owner by tonight and Derby will be thrown out of the league and liquidated 

Apparently they've been given an extra two days

[Sleepy1968]

30 minutes ago, P'head Red said:

Apparently they've been given an extra two days

I imagine the only serious bidder is that chancer Ashley, and the offer is so low that unsecured creditors won't get anything like 25p on the £1, so maybe Quantuma are duty bound to try and eak out a bit more. I don't really see how they will unless there is a bidding war (sounds more like a non-bidding war) - that's about as likely us having a local derby with the gas next season ...

Edited February 28, 2022 by Sleepy1968

[supercidered]

7 hours ago, Monkeh said:

D day today,

No new owner by tonight and Derby will be thrown out of the league and liquidated 

 

[Monkeh]

1 hour ago, Sleepy1968 said:

I imagine the only serious bidder is that chancer Ashley, and the offer is so low that unsecured creditors won't get anything like 25p on the £1, so maybe Quantuma are duty bound to try and eak out a bit more. I don't really see how they will unless there is a bidding war (sounds more like a non-bidding war) - that's about as likely us having a local derby with the gas next season ...

Indeed, Ashley is many things, a good businessman being the top.of that,

I cant see him shifting on his offer, especially with amount of debt he would have to take on 

[Davefevs]

4 minutes ago, Monkeh said:

Indeed, Ashley is many things, a good businessman being the top.of that,

I cant see him shifting on his offer, especially with amount of debt he would have to take on 

I sense he’s sniffing blood.

[REDOXO]

40 minutes ago, Davefevs said:

I sense he’s sniffing blood.

I agree. Derby forum apoplectic. I think most think they are done as the EFL HAVE just released a statement asking for urgent clarification!

https://www.skysports.com/football/news/11095/12532093/derby-told-to-provide-urgent-update-on-proof-of-funds-for-current-season-by-efl 

[Bristol Rob]

1 hour ago, Davefevs said:

I sense he’s sniffing blood.

The club will have a value to him, don't imagine he will entertain the idea of paying more than he believes it's worth.

[Lanterne Rouge]

It does make you wonder what Quantuma have actually done to deserve their eye-watering fees.

[Monkeh]

Efl have asked for an urgent update as the administrators haven't provided any information

There is a pattern here

[Davefevs]

https://twitter.com/benjaminbloom/status/1498332662167220232?s=21

Some of the Derby fans not just wearing blinkers, but a sheepskin nose-band too.  **** me, deluded.

Edited February 28, 2022 by Davefevs

[Monkeh]

1 hour ago, Davefevs said:

https://twitter.com/benjaminbloom/status/1498332662167220232?s=21

Some of the Derby fans not just wearing blinkers, but a sheepskin nose-band too.  **** me, deluded.

Still blaming the efl,

Morons the efl have given them more support then they gave Chester Bury and hereford

[ExiledAjax]

No club has a right to participate in the EFL, not even founder clubs. You have to be able to deliver on your promise to field an opponent in 46 matches. If you cannot do that then you cannot play. It's why your 5-a-side team can't join the EFL.

Of course the EFL's patience is wearing thin. What have Quantuma been doing for the last 4 weeks? Remember that Q set last week's bid deadline themselves. Presumably they set that with a view that 3 or 4 days was enough to assess them and then go to the EFL with proof of a reasonable bid before this deadline. That they've clearly ballsed that up totally gives the EFL the right to get tough, and make moves to remove Derby. Remember, Derby are already on notice that their member share could be bought back (ie removed from the League) that notice is automatic upon entering administration, so the EFL could kick them out pretty quickly, this won't be some drawn out process.

Sky summarise this very well. Dorsett gives a fair and balanced assessment IMO.

 

Edited February 28, 2022 by ExiledAjax

[Midred]

But apparently they've got enough "funds" to last til the end of March... so that's alright then?

[Midred]

2 hours ago, Lanterne Rouge said:

It does make you wonder what Quantuma have actually done to deserve their eye-watering fees.

They're meant too be helping Derby?

[Lanterne Rouge]

6 minutes ago, Midred said:

They're meant too be helping Derby?

I saw a tweet today saying that Quantuma might as well screw every penny they can out of Derby as they sure as hell won`t be getting any more football-related contracts.