Waconda Posted April 1, 2022 Share Posted April 1, 2022 1 hour ago, Monkeh said: It's not the efl's responsibility to sort Derby County out, that's the administrators responsibility, The efls responsibility is to make sure clubs stick to the rules, Derby didn't do this and has been punished, Derby have the money to forfil their fixtures and should be alloud too, Glad you agree. Quote Link to comment Share on other sites More sharing options...
Hxj Posted April 1, 2022 Share Posted April 1, 2022 (edited) 3 hours ago, Mr Popodopolous said: I'll leave others who know more about it than me but wondering how it all works These are loan notes issued by MSD UK Holdings Ltd, in other words they receive cash, probably from MSD (Tax Haven) Ltd. The reason that they are quoted on a stock exchange is that any interest that is paid on them is exempt from UK taxation if it is received by a non-UK resident. MSD UK will lend the funds received to a borrower, say DCFC, at at interest rate such that it makes a reasonable margin, which is taxed in the UK. Edited April 1, 2022 by Hxj 1 Quote Link to comment Share on other sites More sharing options...
1960maaan Posted April 1, 2022 Share Posted April 1, 2022 4 hours ago, Monkeh said: It's not the efl's responsibility to sort Derby County out, that's the administrators responsibility, The efls responsibility is to make sure clubs stick to the rules, Derby didn't do this and has been punished, Derby have the money to forfil their fixtures and should be alloud too, But do they though ? Didn't I read there was some doubt bout paying players ? That in it's self could bring more sanctions . Quote Link to comment Share on other sites More sharing options...
Davefevs Posted April 4, 2022 Share Posted April 4, 2022 No idea whether true or not: 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted April 5, 2022 Share Posted April 5, 2022 16 minutes ago, Davefevs said: No idea whether true or not: Good luck to them if true. Feels a bit last resort to go back to a guy you publicly ditched months ago... Quote Link to comment Share on other sites More sharing options...
East Londoner Posted April 5, 2022 Share Posted April 5, 2022 It appears after agreeing a price to buy Preston Kirchner twice came back with lower bids. That should ring a few alarm bells and it’s beginning to look like Portsmouth did when they were in trouble and i wouldn’t be surprised to see them back in administration again assuming they come out of it this time 1 Quote Link to comment Share on other sites More sharing options...
Davefevs Posted April 5, 2022 Share Posted April 5, 2022 BBC running with it this morning too. Quote Link to comment Share on other sites More sharing options...
Sir Geoff Posted April 5, 2022 Share Posted April 5, 2022 Seems like now or never for DC. Can't see that Kirchner will have bid the same as before Christmas so would assume a lower bid than before. 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted April 5, 2022 Share Posted April 5, 2022 Still has to pass the EFL's requirements if Derby want to remain in the EFL. Presumably this is a deal that a) doesn't pay 25% to all creditors, but b) does pay football creditors in full, and c) doesn't include the stadium. The club and Q are desperate, and have acted desperately. Quote Link to comment Share on other sites More sharing options...
Davefevs Posted April 5, 2022 Share Posted April 5, 2022 7 minutes ago, ExiledAjax said: Still has to pass the EFL's requirements if Derby want to remain in the EFL. Presumably this is a deal that a) doesn't pay 25% to all creditors, but b) does pay football creditors in full, and c) doesn't include the stadium. The club and Q are desperate, and have acted desperately. By paying in full, re HMRC would that cover 25% now and the rest on a payment plan? Im really uncomfortable with using public money to buy the ground, but not paying HMRC. 3 Quote Link to comment Share on other sites More sharing options...
ScottishRed Posted April 5, 2022 Share Posted April 5, 2022 I am completely uncomfortable with that too. I doubt it will happen, HMRC have no sympathy towards football, quite the opposite and rightly so. There are two reasons why this won’t happen, 1. It sets a massively dangerous precedent in all businesses not just football clubs. But as regards football what if a club splashed out a record transfer fee for a player and then didn’t bother paying the tax man their monthly dues! 2. The current very real pressure on government finances makes this a true political hot potato that the public in general, regardless of political allegiances would view in a very bad light. HMRC are not known for their benevolent nature, it is a non- starter, and rightly so. 14 minutes ago, Davefevs said: By paying in full, re HMRC would that cover 25% now and the rest on a payment plan? Im really uncomfortable with using public money to buy the ground, but not paying HMRC. 2 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted April 5, 2022 Share Posted April 5, 2022 19 minutes ago, Davefevs said: By paying in full, re HMRC would that cover 25% now and the rest on a payment plan? Im really uncomfortable with using public money to buy the ground, but not paying HMRC. I suspect you could negotiate that payment plans can constitute payment "in full". 2 Quote Link to comment Share on other sites More sharing options...
Davefevs Posted April 5, 2022 Share Posted April 5, 2022 5 minutes ago, ExiledAjax said: I suspect you could negotiate that payment plans can constitute payment "in full". Guess a failed payment would lead to grim circumstances 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted April 5, 2022 Share Posted April 5, 2022 1 minute ago, Davefevs said: Guess a failed payment would lead to grim circumstances Any payment plan would presumably have to be in writing, enforceable, a condition of the sale etc. Enforceable in court if defaulted on etc. It would be reasonable as well for HMRC to request a guarantor, possibly one of Kirchner's other companies. There might be something in the EFL regs or articles that says that payment "in full" is specifically full settlement, in cash, at the point of exit from administration, but that would be surprising, and inconsistent with other common legal definitions of what constitutes "payment". 1 Quote Link to comment Share on other sites More sharing options...
1960maaan Posted April 5, 2022 Share Posted April 5, 2022 19 minutes ago, Davefevs said: Guess a failed payment would lead to grim circumstances 5 minutes ago, ExiledAjax said: Any payment plan would presumably have to be in writing, enforceable, a condition of the sale etc. Enforceable in court if defaulted on etc. It would be reasonable as well for HMRC to request a guarantor, possibly one of Kirchner's other companies. There might be something in the EFL regs or articles that says that payment "in full" is specifically full settlement, in cash, at the point of exit from administration, but that would be surprising, and inconsistent with other common legal definitions of what constitutes "payment". I always start these posts with a disclaimer. I know **** all about finances etc, but. If I remember correctly, when the Glaziers bought Man You, they put the entire debt on the club. The Football profits basically paying for them to buy the club, I thought at the time it sounded shady, but modern finance etc. I'm not sure if the rules have changed, or whether the EFL/HMRC would need a substantial down payment to cover the "football debts". A payment plan for a company that has lost fortunes, working in a business that perpetually runs at a loss does not sound like a good place to trust for repayment plans over any period. Quote Link to comment Share on other sites More sharing options...
Davefevs Posted April 5, 2022 Share Posted April 5, 2022 12 minutes ago, ExiledAjax said: Any payment plan would presumably have to be in writing, enforceable, a condition of the sale etc. Enforceable in court if defaulted on etc. It would be reasonable as well for HMRC to request a guarantor, possibly one of Kirchner's other companies. There might be something in the EFL regs or articles that says that payment "in full" is specifically full settlement, in cash, at the point of exit from administration, but that would be surprising, and inconsistent with other common legal definitions of what constitutes "payment". https://www.efl.com/contentassets/b3cd34c726c341ca9636610aa4503172/regulations-season-2021-22-final.pdf this has more detail than the EFL website rules pages. Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted April 5, 2022 Share Posted April 5, 2022 2 hours ago, Davefevs said: By paying in full, re HMRC would that cover 25% now and the rest on a payment plan? Im really uncomfortable with using public money to buy the ground, but not paying HMRC. I do agree- I can see a commercial rationale ground wise if it's on full commercial arms length no favours terms- but I certainly agree. Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted April 5, 2022 Share Posted April 5, 2022 IF this is true, that's misconduct! Potentially? Quote "Told deal completed last night but EFL still to be informed". https://www.efl.com/-more/governance/efl-rules--regulations/efl-regulations/appendix-3-owners-and-directors-test/ One for you perhaps @Hxj could this not constitute misconduct? 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted April 5, 2022 Share Posted April 5, 2022 1 minute ago, Mr Popodopolous said: IF this is true, that's misconduct! Potentially? https://www.efl.com/-more/governance/efl-rules--regulations/efl-regulations/appendix-3-owners-and-directors-test/ One for you perhaps @Hxj could this not constitute misconduct? I think the word "completed" is being mis-used. I don't think they mean the deal "completed" in the sense that Derby exited Admin and Kirchner bought the club - ie the shares in Derby County Football Club Ltd are now in Kirchner's name. More that negotiations to sketch out all the terms of the deal "completed". Surely Q are not stupid enough to actually "complete" the sale without obtaining EFL approval first. They've sought EFL approval/consultation at other times. I think this is just someone on Twitter being inaccurate with their language. 2 Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted April 5, 2022 Share Posted April 5, 2022 2 minutes ago, ExiledAjax said: I think the word "completed" is being mis-used. I don't think they mean the deal "completed" in the sense that Derby exited Admin and Kirchner bought the club - ie the shares in Derby County Football Club Ltd are now in Kirchner's name. More that negotiations to sketch out all the terms of the deal "completed". Surely Q are not stupid enough to actually "complete" the sale without obtaining EFL approval first. They've sought EFL approval/consultation at other times. I think this is just someone on Twitter being inaccurate with their language. Thanks, yeah- that'd make sense somewhat. Although I have to say that there was talk that they were being sparing with info in certain areas- will check CH in a minute, doubt there is any movement on that yet but... Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted April 5, 2022 Share Posted April 5, 2022 (edited) Is this fit and proper :laugh:. Someone dug this out from his old account. Think fit and proper more about the cash side? Wonder if the EFL have seen his historic tweets yet, they like to emphasise equality and inclusivity. Edited April 5, 2022 by Mr Popodopolous 1 Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted April 5, 2022 Share Posted April 5, 2022 (edited) I wonder too, have Wycombe just shelved their claim, agreed to stay it to be heard when DCFC have a new owner, forgotten all about it or what? Tbh the Tweets are shocking by Kirchner, can't be condoned, all the same how many owners would one consider to be "Fit and Proper" these days? Probably more that aren't than are, seems to be nothing about it on the Owners and Directors Test so guess the EFL couldn't block on those grounds. Morality aside- awful tweets- is it actually a disqualifying factor? Doubtful I'd say but who knows. Edited April 5, 2022 by Mr Popodopolous Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted April 5, 2022 Share Posted April 5, 2022 1 hour ago, Mr Popodopolous said: I wonder too, have Wycombe just shelved their claim, agreed to stay it to be heard when DCFC have a new owner, forgotten all about it or what? Tbh the Tweets are shocking by Kirchner, can't be condoned, all the same how many owners would one consider to be "Fit and Proper" these days? Probably more that aren't than are, seems to be nothing about it on the Owners and Directors Test so guess the EFL couldn't block on those grounds. Morality aside- awful tweets- is it actually a disqualifying factor? Doubtful I'd say but who knows. On it's own it is not going to prevent him. Morality, decency etc. they're just not a part of the test. The only way something like that could prevent one from being an owner/director would be if it led to a criminal conviction. Which it won't. https://www.efl.com/-more/governance/efl-rules--regulations/efl-regulations/appendix-3-owners-and-directors-test/ 1 Quote Link to comment Share on other sites More sharing options...
REDOXO Posted April 5, 2022 Share Posted April 5, 2022 I’ll believe it when the money changes hands. Preferred bidder status is way off a deal Preston already found that out! Quote Link to comment Share on other sites More sharing options...
exAtyeoMax Posted April 5, 2022 Share Posted April 5, 2022 Why would Derby be a better proposition than PNE for Kirchner? 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted April 5, 2022 Share Posted April 5, 2022 46 minutes ago, exAtyeoMax said: Why would Derby be a better proposition than PNE for Kirchner? Bit more desperate? 1 Quote Link to comment Share on other sites More sharing options...
REDOXO Posted April 5, 2022 Share Posted April 5, 2022 26 minutes ago, ExiledAjax said: Bit more desperate? Maybe, but you have stacks of LT debt. This may also be a move to bring PNE back to the table. 2 Quote Link to comment Share on other sites More sharing options...
East Londoner Posted April 5, 2022 Share Posted April 5, 2022 Watch them now try and take a 15 point penalty this season instead of next 1 Quote Link to comment Share on other sites More sharing options...
Davefevs Posted April 5, 2022 Share Posted April 5, 2022 8 minutes ago, East Londoner said: Watch them now try and take a 15 point penalty this season instead of next Reading trying to make sure that option becomes a non-starter. Quote Link to comment Share on other sites More sharing options...
Lanterne Rouge Posted April 5, 2022 Share Posted April 5, 2022 33 minutes ago, Davefevs said: Reading trying to make sure that option becomes a non-starter. 1-1 now. As far as taking the hit this season wasn`t there a deadline imposed years ago when Leeds took the piss and got a deduction after they were down by more than it was? After a certain point of the season, it has to carry into the next. Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted April 5, 2022 Share Posted April 5, 2022 7 minutes ago, Lanterne Rouge said: 1-1 now. As far as taking the hit this season wasn`t there a deadline imposed years ago when Leeds took the piss and got a deduction after they were down by more than it was? After a certain point of the season, it has to carry into the next. Fourth Thursday in March I think it is although strictly speaking that would be for the -12 entering admin...unsure if that applies to all kinds of points deductions, indeed the IDC in one of the cases while not applying it, upheld their right to do so if required. In this instance, would seem fairest to apply it in the season whereby it has most effect. Quote Link to comment Share on other sites More sharing options...
Robin101 Posted April 5, 2022 Share Posted April 5, 2022 Readings win tonight just about relegates Derby IMO. Nine points adrift with 18 to play for. Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted April 5, 2022 Share Posted April 5, 2022 (edited) I like the way he's gone about explaining his take- better by far than graphs etc! He basically thinks Ashley will end up buying stadium and club. Edited April 5, 2022 by Mr Popodopolous 1 Quote Link to comment Share on other sites More sharing options...
Waconda Posted April 5, 2022 Share Posted April 5, 2022 3 hours ago, exAtyeoMax said: Why would Derby be a better proposition than PNE for Kirchner? PNE is a dead end. Derby much bigger potential in the long term. Perhaps ? Quote Link to comment Share on other sites More sharing options...
Waconda Posted April 5, 2022 Share Posted April 5, 2022 1 hour ago, Davefevs said: Reading trying to make sure that option becomes a non-starter. And Reading will fail, deal will go through with points taken this season. EFL will want this done and dusted before next season. Would be my guess. Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted April 5, 2022 Share Posted April 5, 2022 (edited) 1 hour ago, Waconda said: And Reading will fail, deal will go through with points taken this season. EFL will want this done and dusted before next season. Would be my guess. Hmm, not quite there but slightly moving towards snookers now...don't takeovers in the EFL usually take a long time- when the Turkish guy took over Hull it took between 2.5-3 months until all was sealed and this was surely less complex than this. I suppose they know who Kirchner is though and there were some tests in November/December time plus with Preston. Rule has generally been -15 the following season if it doesn't hit the Insolvency Requirements- maybe a vote of clubs to decide? EFL DOES constitute the clubs after all- I struggle to see why the EFL would hand down a deduction that while on the one hand would guarantee relegation for sure, otoh would have zero effect if as is likely they go down. Barnsley who are 3rd bottom still have winnable home games vs Blackpool, Preston and Peterborough- they sit a point above Derby with a game in hand... ...Will let @Hxj do the honours, the full roundup! Edited April 5, 2022 by Mr Popodopolous Quote Link to comment Share on other sites More sharing options...
Davefevs Posted April 5, 2022 Share Posted April 5, 2022 https://www.kingschambers.com/assets/files/News/Kings Insolvency Issue 3Sport Insolvency.pdf seems to imply that any points deduction for a team already relegated would apply the following season, plus it’s after the 4th Thursday in Match. ”sporting sanctions” 2 Quote Link to comment Share on other sites More sharing options...
Midred Posted April 6, 2022 Share Posted April 6, 2022 Will Q say this was imminently completeable? Quote Link to comment Share on other sites More sharing options...
Midred Posted April 6, 2022 Share Posted April 6, 2022 BBC just announced this news (off social media?) , neglecting to say that the deal has to be approved by efl. Quote Link to comment Share on other sites More sharing options...
exAtyeoMax Posted April 6, 2022 Share Posted April 6, 2022 They make the point that he has been accepted as the preferred bidder, and has not completed the takeover. 1 Quote Link to comment Share on other sites More sharing options...
Waconda Posted April 6, 2022 Share Posted April 6, 2022 12 hours ago, Davefevs said: https://www.kingschambers.com/assets/files/News/Kings Insolvency Issue 3Sport Insolvency.pdf seems to imply that any points deduction for a team already relegated would apply the following season, plus it’s after the 4th Thursday in Match. ”sporting sanctions” Any further points deduction will be this season. Kirchner would've been assured of this before agreeing. That's my guess anyway. Quote Link to comment Share on other sites More sharing options...
Hxj Posted April 6, 2022 Share Posted April 6, 2022 (edited) 14 hours ago, Mr Popodopolous said: Will let @Hxj do the honours, the full roundup! With pleasure!! Good results for Derby (24th) on Saturday, they beat Preston and Barnsley (22nd) drew with Reading (21st). Last night Reading really put the boot in with a win, to make it an unbeaten 4 in a row. Reading now on 37 points, Barnsley on 29, Derby on 28 and Peterborough on 27. All played 40 except Barnsley on 39. In order to overtake Reading, Derby need to take 9 more points over six games, that's 1.5 points a game, some task. More interestingly, Derby can only do this by winning at least three games or wining 2, drawing 3 and losing one, assuming that Reading get no more points. Based upon that scenario the earliest that Derby can get relegated is on Saturday 23 April ... Assuming all results go against them it could be Friday 15 April against Fulham. Of course Derby also need to get one more point than Bansley to finish ahead of them, and one less than Peterborough to stay ahead of them. Edited April 6, 2022 by Hxj 2 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted April 6, 2022 Share Posted April 6, 2022 1 hour ago, Waconda said: Any further points deduction will be this season. Kirchner would've been assured of this before agreeing. That's my guess anyway. It's not about guessing though is it. The EFL have rules. They have been applying those rules. They will continue to apply those rules. 5 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted April 6, 2022 Share Posted April 6, 2022 1 hour ago, Hxj said: Saturday 23 April ... I wonder who they are playing that day...? 1 1 Quote Link to comment Share on other sites More sharing options...
Midred Posted April 6, 2022 Share Posted April 6, 2022 54 minutes ago, ExiledAjax said: I wonder who they are playing that day...? You know that we'll be 3 - 0 up at half time! 2 Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted April 6, 2022 Share Posted April 6, 2022 58 minutes ago, ExiledAjax said: It's not about guessing though is it. The EFL have rules. They have been applying those rules. They will continue to apply those rules. Plus, could you imagine the reaction of the other 71 if that was waved through! Don't see how they could, surely a vote at minimum would be required. Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted April 6, 2022 Share Posted April 6, 2022 (edited) Nige had a terrible time at Derby, sure he would take a certain amount of glee if we went there got a point, win whatever and that was the result that confirmed. Edited April 6, 2022 by Mr Popodopolous Quote Link to comment Share on other sites More sharing options...
REDOXO Posted April 6, 2022 Share Posted April 6, 2022 I have just realized. I was instrumental on getting Popodopolous on Ze List....Quoted on the Forest Forum. My time has come! 2 Quote Link to comment Share on other sites More sharing options...
Davefevs Posted April 6, 2022 Share Posted April 6, 2022 (edited) 6 hours ago, Waconda said: Any further points deduction will be this season. Kirchner would've been assured of this before agreeing. That's my guess anyway. You’d fit in well at Quantuma with those assurances…and a “my guess” caveat! As Q hasn’t taken PB to EFL yet, Kirchner can have had no assurances, apart from ones from Q….which are worthless. Edited April 6, 2022 by Davefevs 4 Quote Link to comment Share on other sites More sharing options...
chinapig Posted April 6, 2022 Share Posted April 6, 2022 (edited) 16 minutes ago, Davefevs said: You’d fit in well at Quantuma with those assurances…and a “my guess” caveat! As Q hasn’t taken PB to EFL yet, Kirchner can have had no assurances, apart from ones from Q….which are worthless. I'm sure they'll take it to the EFL imminently. Edited April 6, 2022 by chinapig 1 1 Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted April 6, 2022 Share Posted April 6, 2022 (edited) Where he found it I dunno- I certainly haven't and I found the original EFL 2021/22 updated rules as far back as last June/July, bookmarked but anyway Kieran Maguire. Anyway, sounds highly likely that if the minimum threshold is not met then it would be NEXT season. As expected. Although it mentioned a bit about schedules? Edited April 6, 2022 by Mr Popodopolous 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted April 6, 2022 Share Posted April 6, 2022 4 minutes ago, Mr Popodopolous said: Where he found it I dunno- I certainly haven't and I found the original EFL 2021/22 updated rules as far back as last June/July, bookmarked but anyway Kieran Maguire. Anyway, sounds highly likely that if the minimum threshold is not met then it would be NEXT season. As expected. Prima facie next season, although there's scope for the EFL to decide differently. Can't imagine they will though, they hate Derby and everyone that lives there. 3 Quote Link to comment Share on other sites More sharing options...
chinapig Posted April 6, 2022 Share Posted April 6, 2022 11 minutes ago, ExiledAjax said: Prima facie next season, although there's scope for the EFL to decide differently. Can't imagine they will though, they hate Derby and everyone that lives there. And according to the Derby forum Maguire is both part of the conspiracy and doesn't know anything about football finance anyway. 2 Quote Link to comment Share on other sites More sharing options...
REDOXO Posted April 6, 2022 Share Posted April 6, 2022 14 minutes ago, ExiledAjax said: Prima facie next season, although there's scope for the EFL to decide differently. Can't imagine they will though, they hate Derby and everyone that lives there. That did actually make me laugh out loud! 1 Quote Link to comment Share on other sites More sharing options...
Hxj Posted April 6, 2022 Share Posted April 6, 2022 2 hours ago, ExiledAjax said: they hate Derby and everyone that lives there As long as Derbyshire is safe ... 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted April 6, 2022 Share Posted April 6, 2022 1 minute ago, Hxj said: As long as Derbyshire is safe ... I'd daub lamb's blood above your doorway if I were you. Quote Link to comment Share on other sites More sharing options...
Redstart Posted April 6, 2022 Share Posted April 6, 2022 20 minutes ago, ExiledAjax said: I'd daub lamb's blood above your doorway if I were you. Rams blood maybe. Quote Link to comment Share on other sites More sharing options...
Waconda Posted April 6, 2022 Share Posted April 6, 2022 3 hours ago, Davefevs said: You’d fit in well at Quantuma with those assurances…and a “my guess” caveat! As Q hasn’t taken PB to EFL yet, Kirchner can have had no assurances, apart from ones from Q….which are worthless. What are you going to do when this is sorted in the next few days ? Big hole in your life. Quote Link to comment Share on other sites More sharing options...
Davefevs Posted April 6, 2022 Share Posted April 6, 2022 10 minutes ago, Waconda said: What are you going to do when this is sorted in the next few days ? Big hole in your life. Out of interest, what did I do / post to turn you from being all “pally” with me to becoming all passive aggressive and trolling my posts? 1 Quote Link to comment Share on other sites More sharing options...
REDOXO Posted April 6, 2022 Share Posted April 6, 2022 1 hour ago, Davefevs said: Out of interest, what did I do / post to turn you from being all “pally” with me to becoming all passive aggressive and trolling my posts? Thats why the ignore button exists fella. It works great providing people don’t quote him! 1 Quote Link to comment Share on other sites More sharing options...
The Constant Rabbit Posted April 7, 2022 Share Posted April 7, 2022 7 hours ago, Waconda said: What are you going to do when this is sorted in the next few days ? Big hole in your life. 1 hour ago, billywedlock said: But he keeps changing his username . It’s a moving “ ignore “ target . A real saddo . Quote Link to comment Share on other sites More sharing options...
Port Said Red Posted April 7, 2022 Share Posted April 7, 2022 9 hours ago, billywedlock said: Rams Bottom 2 Quote Link to comment Share on other sites More sharing options...
Jerseybean Posted April 7, 2022 Share Posted April 7, 2022 Derby County are apparently finally on their way to being bought, with the club’s administrators now accepting an offer from American businessman Chris Kirchner. The news was confirmed this morning amid reported interest from former Newcastle United owner Mike Ashley. Quote Link to comment Share on other sites More sharing options...
Derby_Ram Posted April 7, 2022 Share Posted April 7, 2022 Finally some movement and more hope of a club next season although frustrating that any progress took until this late in the date. I'm angry that it's taken DCC seemingly coming up with a solution to get Kirchner back to the table as to me that can only mean MM not taking a hit + HMRC/taxpayers being shafted. Maybe it's a fan-view, and a non football council tax payer would look at it differently, but I believe long-term the council would be better off dipping into coffers now and having the benefit of the club and what that brings to the local economy but that'll only be able to be truly understood years down the line if it happens. Totally understand someone with a wholly opposite view though. I'm nowhere convinced Kirchner will end up our owner and he's not someone I'd choose based on character; but the EFL seemed not to have an issue when he completed the F+PP test last year according to local radio. Let's see. I think it'll fall down if a condition of his bid is on -15 this season however more encouraging is a further few twitter conversations today on the post Mr P posted from Kieran Maguire last night. Kieran has seemingly confirmed -15 wouldn't be applied next year if 25p/£ isn't met as we' then have 3 years to pay 35%. Murky, not convinced its fair, but I'll take it although come 25/26 season when we start on -15 I may change my tune. Finally looking forward to - shock horror - talking some actual football with you ahead of next week. 2 Quote Link to comment Share on other sites More sharing options...
Davefevs Posted April 7, 2022 Share Posted April 7, 2022 38 minutes ago, Derby_Ram said: Finally some movement and more hope of a club next season although frustrating that any progress took until this late in the date. I'm angry that it's taken DCC seemingly coming up with a solution to get Kirchner back to the table as to me that can only mean MM not taking a hit + HMRC/taxpayers being shafted. Maybe it's a fan-view, and a non football council tax payer would look at it differently, but I believe long-term the council would be better off dipping into coffers now and having the benefit of the club and what that brings to the local economy but that'll only be able to be truly understood years down the line if it happens. Totally understand someone with a wholly opposite view though. I'm nowhere convinced Kirchner will end up our owner and he's not someone I'd choose based on character; but the EFL seemed not to have an issue when he completed the F+PP test last year according to local radio. Let's see. I think it'll fall down if a condition of his bid is on -15 this season however more encouraging is a further few twitter conversations today on the post Mr P posted from Kieran Maguire last night. Kieran has seemingly confirmed -15 wouldn't be applied next year if 25p/£ isn't met as we' then have 3 years to pay 35%. Murky, not convinced its fair, but I'll take it although come 25/26 season when we start on -15 I may change my tune. Finally looking forward to - shock horror - talking some actual football with you ahead of next week. Until we get to see what the preferred bid actual is…it’s really difficult to ascertain what the future is. When does the bid get taken to the EFL? Still hugely intrigued how HMRC will see DCC’s proposal to buy PP, e.g. DCC can use people’s money to buy PP (little argument there), but CKDC can then rent it whilst not having settled a £28m tax debt. 3 Quote Link to comment Share on other sites More sharing options...
Derby_Ram Posted April 7, 2022 Share Posted April 7, 2022 6 minutes ago, Davefevs said: When does the bid get taken to the EFL? Do keep up; imminently. 6 1 Quote Link to comment Share on other sites More sharing options...
REDOXO Posted April 7, 2022 Share Posted April 7, 2022 7 hours ago, billywedlock said: But he keeps changing his username . It’s a moving “ ignore “ target . A real saddo . Really who has the numpty been in the past? What a crushingly sad life! Quote Link to comment Share on other sites More sharing options...
Davefevs Posted April 7, 2022 Share Posted April 7, 2022 24 minutes ago, Derby_Ram said: Do keep up; imminently. Quote Link to comment Share on other sites More sharing options...
chinapig Posted April 7, 2022 Share Posted April 7, 2022 40 minutes ago, Davefevs said: Until we get to see what the preferred bid actual is…it’s really difficult to ascertain what the future is. When does the bid get taken to the EFL? Still hugely intrigued how HMRC will see DCC’s proposal to buy PP, e.g. DCC can use people’s money to buy PP (little argument there), but CKDC can then rent it whilst not having settled a £28m tax debt. We'll have to see how it pans out but Quantuma's first duty is supposed to be to the creditors. We could end up with a situation where the taxpayer gets shafted and the local council tax payer pays for the stadium. All in effect to benefit Mel Morris OBE, erstwhile hero to Derby fans, a business ambassador who screwed local businesses. To them that hath it shall be given etc. 3 Quote Link to comment Share on other sites More sharing options...
Bristol Rob Posted April 7, 2022 Share Posted April 7, 2022 1 hour ago, Davefevs said: Until we get to see what the preferred bid actual is…it’s really difficult to ascertain what the future is. When does the bid get taken to the EFL? Still hugely intrigued how HMRC will see DCC’s proposal to buy PP, e.g. DCC can use people’s money to buy PP (little argument there), but CKDC can then rent it whilst not having settled a £28m tax debt. Given that property prices have exploded in the last couple of years, and Mel had PP 'independently' valued at 80mil (or whatever it was), wouldn't HMRC be all over a sale at a figure far below that from a CGT* perspective? *Or whatever the tax is on commercial properties. 1 Quote Link to comment Share on other sites More sharing options...
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