Silence of The Rams

uncle_rico said:
I’m not convinced that is sarcasm. I think a good number of them still genuinely believe Gibson is behind their demise.
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I don't think the Gibson comment was sarcasm either.
Though it wouldn't surprise me to learn that another potential bidder was behind it all as a way of opening the door for a last minute lowball bid.
 
Subbuteo_171 said:
Do the creditors accept that or do they (specifically HMRC) decide that to do so would set a precedent for future administrations and liquidate to send a warning to the industry as a whole?
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With millions of tax payers slipping into poverty with the cost of living crisis there is absolutely no way a multi-millionaires play thing should be getting away with not paying every penny to HMRC.

It is wholly unacceptable to me and I would hope any decent minded fans in the country, if they can't pay their tax bill and football debts in full by the time the fixtures are due they should be out of the league. It is as simple as that.

As you say, it sets a dangerous example to any other club thinking of rolling the dice and gambling on promotion 'we'll not square the tax away, Derby got away with it, we can use that a precedent in our defence if the worst comes to the worst'.

Get fùckëd, pay up or disappear........
 
Subbuteo_171 said:
Think Wigan were in a similar position and length of time.

It looks like they can start the season in administration and without a further points deduction provided funds and a business case for the season can be provided.

If that happens and they are taken over with football creditors paid in full but others not reaching the 25% threshold then a 15 point deduction applies. Pay the agreed rate then no deduction.

If they don’t pay football creditors in full then the golden share would be revoked after a vote by the 71 clubs.

£25m is the supposed number to meet the thresholds and that doesn’t include the ground. £8m of football debts, £30m to others and £25m to HMRC from memory, plus £3m for the administrators.

It looks like the creditors will be faced with a lowball offer that won’t meet the £25m. Let’s say the best offer is £18m, £11m that goes to football and admins, leaving £7m for £55m, or circa 14p in the pound. Do the creditors accept that or do they (specifically HMRC) decide that to do so would set a precedent for future administrations and liquidate to send a warning to the industry as a whole?

On a knife edge again.
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Given how long the HMRC battled to get preferential creditor status, the game playing by potential bidders and the ineptitude of the administrators I would imagine a lowball offer to the HMRC would get short shrift.
 
MidlandsBoroFan said:
Can I just ask a serious question?

Are Derby founder members of the football league?

Not obvious from their forums. Wish they would mention it more often…
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Funny thing, they seem to think it means something.

“We’re founder members” so why aren’t there loads of people wanting to buy us for £30m?

“Look at the history they would be buying”.

Deluded…
 
Subbuteo_171 said:
It looks like the creditors will be faced with a lowball offer that won’t meet the £25m. Let’s say the best offer is £18m, £11m that goes to football and admins, leaving £7m for £55m, or circa 14p in the pound. Do the creditors accept that or do they (specifically HMRC) decide that to do so would set a precedent for future administrations and liquidate to send a warning to the industry as a whole?
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For me, HMRC should liquidate, it's wrong that any business should continue trading after failing to pay corp, VAT and PAYE
 
I must admit it does seem quite strange the amount of time they seem to be being given when other teams have been delt with relatively quickly in comparison 🤔 maybe they do have friends in high places 🧐
 
BoroMart said:
For me, HMRC should liquidate, it's wrong that any business should continue trading after failing to pay corp, VAT and PAYE
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the delibrate nature that they chose to run-up the HRMC debt should be factored in. This is not a business that has suffered a market downturn due to forces beyond their control or a change in consumer buying patterns.

It was a club who decided to avoid paying the public purse what was due and instead used that money to inflate the salaries over its competitors to gain and advantage
 
BoroMart said:
For me, HMRC should liquidate, it's wrong that any business should continue trading after failing to pay corp, VAT and PAYE
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Lots of businesses are in negotiations with HMRC over time to pay agreements and settlements. You'd be surprised how many and how much is owed to HMRC. They are always at the back of the queue for businesses as they aren't banging the door down and if you pay most of your suppliers, you can still operate compared to if you paid the HMRC. They are generally always owed the most in any insolvency, particularly liquidations. Hence, they battled for preferential status, so they at least get something. I think they would accept an offer from Derby, unless it is so ridiculous that it isn't worth it, e.g. few pence in the pound. I think Ashley will end up buying Derby for a lot less than Kirchner bid. Only winners are probably him and the administrators.
 
From Derbyshire live article......

🤷‍♂️

"Speaking of Quantuma, they have helpfully 'reassured' supporters in their latest statement that they are 'continuing to actively engage with a growing number of interested parties, each of whom have a real willingness to complete a deal as soon as possible'. In short: Don't panic.

Quantuma, you see, have been in post since September and Rams fans were told they would be 'pleasantly surprised' at the speed things would move back in February by Andrew Hosking. Don't panic, everyone.

There's every chance that, now Kirchner is out of the picture completely, a deal will be struck with someone else to rescue Derby from liquidation. But Rams fans can be forgiven for thinking the worst. It is a club's fanbase that has been emotionally traumatised over the last 12 months and beyond thanks to endless battles with the English Football League and other clubs.

In these dark days, where everything seems much more expensive and nothing can ever get done the football should be a release. Supporters should be sorting their days off for pre-season friendlies in the summer sun and spending money in the club shop for a new strip for their getaways.

Instead Derby fans cannot get away from the relentless grip of administration and the process of rescuing a club in major distress. It has been one long, never-ending nightmare with more statements than a bank.

It's not how the life of a football supporter should be"
 
Caesium137 said:
Instead Derby fans cannot get away from the relentless grip of administration and the process of rescuing a club in major distress. It has been one long, never-ending nightmare with more statements than a bank.

It's not how the life of a football supporter should be"
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Being a football fan is about taking the rough with the smooth. Of they liquidate and create a phoenix club starting at the bottom, then it's the company that has disappeared, the club still remains, and it's ardent supporters will be there for the journey back. No club is entitled to be at the top, every club needs to be accountable for the decisions made in their name, if they go to the wall, then they'll be back in the league as AFC Derby in 5-10 years. If it's important to those fans, they'll be on one hell of a journey.

If it ever happened to us, I'd be there all the way too.
 
boroboy6872 said:
haha Page 1961

Gibson in 4th place

View attachment 40023
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Lunatics the lot of em. Amusing thing is, they would absolutely kill their own granny for an owner like Gibson, a home town boy who puts his own wealth into the club, has a vision, has a number one priority of avoiding financial despair for the club, and will always fight the clubs corner. The antithesis of Mel Morris
 
I would have thought someone like Mike Ashley would have bought them for £30m - if this was just a matter of buying the debts of the Club. A new owner could release a lot of players on free transfers, keeping the lower paid ones and bringing in some lower league and loan players. The Club will still get 18k crowds. I suspect it's the issues with the stadium and the training facilities that are not owned by Derby County FC that have complicated matters.
 
Redwurzel said:
I would have thought someone like Mike Ashley would have bought them for £30m - if this was just a matter of buying the debts of the Club. A new owner could release a lot of players on free transfers, keeping the lower paid ones and bringing in some lower league and loan players. The Club will still get 18k crowds. I suspect it's the issues with the stadium and the training facilities that are not owned by Derby County FC that have complicated matters.
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And the administrators. Perhaps add them to the "complicated" matters.
 
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