| Derby takeover collapsing 08:23 - Jun 8 with 7494 views | le2blue |
Sounds like the guy doesn't have the funds to conclude the deal and it will collapse today. |  | | |  |
| Derby takeover collapsing on 11:23 - Jun 8 with 2096 views | J2BLUE |
| Derby takeover collapsing on 11:14 - Jun 8 by itfcjoe |
If they don't get a buyer they'll just keep drifting down the league until they do go bankrupt.
The EFL have got to explore every possible avenue though as any football fan would expect them to do, but the hole they are in is so big that they could easily go pop - I certainly wouldn't want it to happen though |
Me neither. Not sure how any genuine football fan who loves their club could wish another set of fans to lose their club. |  |
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| Derby takeover collapsing on 11:26 - Jun 8 with 2082 views | wkj |
| Derby takeover collapsing on 11:21 - Jun 8 by jayessess |
We're obviously spending considerably more than we make in revenue. That's obviously not sustainable in the long term.
Even if it were sustainable it still distorts the competition in exactly the way you complained about up thread. We blow other clubs out of the water with our financial muscle, we hijack deals, we have an inflationary effect on fees and wages etc. In terms of fair competition for other clubs a Mel Morris is no different to a GC20. |
Last summer's transfer window was uncomfortable, even if I don't approach the argument with the hindsight of last season. In some ways it was a necessary evil as we didn't have many assets to achieve the task at hand - but, it lacked a fair degree of common sense.
The test case needs longer to develop, however. If we continue to act like that every season without showing any improvement (as Derby had done) then the alarm bells will start ringing. We have a long way to go as yet, we have yet to bloat up to a playing squad of nearly 40 players with some deals seeming to be more in the mind to deny other clubs rather than improving our own. |  |
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| Derby takeover collapsing on 11:26 - Jun 8 with 2082 views | jayessess |
| Derby takeover collapsing on 11:23 - Jun 8 by J2BLUE |
Me neither. Not sure how any genuine football fan who loves their club could wish another set of fans to lose their club. |
Does anyone ever "lose" their club? Every league club that goes bust gets re-founded. A football club doesn't die when it's still got a fanbase. |  |
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| Derby takeover collapsing on 11:32 - Jun 8 with 2062 views | wkj |
| Derby takeover collapsing on 11:23 - Jun 8 by J2BLUE |
Me neither. Not sure how any genuine football fan who loves their club could wish another set of fans to lose their club. |
That isn't the motivation, that is a huge difference. The motivation is that DCFC have been in administration for nearly 1 year, and are walking along like zombies with the debt getting harder to manage, thus making the club more undesirable to would-be backers
DCFC needs a definitive direction for their fans and for other clubs that this impacts - if a suitable buyer cant be found after the club has been in administration for this long, then who keeps picking up the bill?
The longer this goes on, the more susceptible DCFC are for being taken over by a chancer worse than Morris, that is my main concern in all of this - more bullsh*t merchants being allowed into boardrooms to prey on the carcus of a wounded animal. [Post edited 8 Jun 2022 11:34]
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| Derby takeover collapsing on 11:32 - Jun 8 with 2057 views | MattinLondon |
| Derby takeover collapsing on 11:26 - Jun 8 by jayessess |
Does anyone ever "lose" their club? Every league club that goes bust gets re-founded. A football club doesn't die when it's still got a fanbase. |
But they will start off much nearer to the bottom and could take decades to make it back to where they left off. So the club may not die but it won’t feel the same for a long long time. [Post edited 8 Jun 2022 11:33]
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| Derby takeover collapsing on 12:07 - Jun 8 with 1972 views | ArnieM |
| Derby takeover collapsing on 08:27 - Jun 8 by DanTheMan |
I expect Mike Ashley might swoop in now to save them. |
I wonder if it’s due to the owner of their stadium not will to sell it to the prospective buyers ! |  |
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| Derby takeover collapsing on 12:17 - Jun 8 with 1959 views | itfcjoe |
| Derby takeover collapsing on 11:20 - Jun 8 by wkj |
What is the difference between declaring the club bankrupt now, vs then? They are approaching nearly 1 year in administration (September 22 2021) - That is a very generous time to be financially against the ropes. |
The wages are still being physically paid and there is (or was?) a potential buyer on board |  |
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| Derby takeover collapsing on 12:22 - Jun 8 with 1948 views | Vic |
| Derby takeover collapsing on 08:46 - Jun 8 by OwainG1992 |
Feel sorry for the fans but not the club.
They've attempted to be the bully boys of the championship.
Outpaying most.
Silly waged have caught up to them.
Desperate times called, New owner needed.
Enter...Marcus Evans to save the ship. |
Fans of other clubs might just be saying the same about us in a couple of years if we don't go up! |  |
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| Derby takeover collapsing on 12:23 - Jun 8 with 1947 views | hype313 |
| Derby takeover collapsing on 12:17 - Jun 8 by itfcjoe |
The wages are still being physically paid and there is (or was?) a potential buyer on board |
Mike Ashley will be waiting in the wings with his fiver. |  |
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| Derby takeover collapsing on 12:48 - Jun 8 with 1898 views | wkj |
| Derby takeover collapsing on 12:17 - Jun 8 by itfcjoe |
The wages are still being physically paid and there is (or was?) a potential buyer on board |
The big question here, is by whom?
And the story seems to suggest the would-be buyer is no longer in the mix. Mel Morris still has the ability to strangle the situation as well, the stadium is a big bone of contention.
My view point on this is particularly harsh, given how we've gone through administration and, as other have pointed out, GC20 may well give us an unfair advantage - but Derby can't remain in limbo forever - and if they do go under then the EFL should be the source of the inquisition.
My impatience here is that Derby, Middlesborough, Wycombe and other clubs (to a lesser extent) all deserve closure. If DCFC start 2022/2023 with a points deduction, it just makes the whole game look embarrassing as this scenario has been playing out for long enough already. [Post edited 8 Jun 2022 12:52]
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| Derby takeover collapsing on 13:16 - Jun 8 with 1853 views | ITFC_Forever |
| Derby takeover collapsing on 12:17 - Jun 8 by itfcjoe |
The wages are still being physically paid and there is (or was?) a potential buyer on board |
May’s wages haven’t been paid apparently. |  |
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| Derby takeover collapsing on 13:21 - Jun 8 with 1839 views | Parky |
| Derby takeover collapsing on 13:16 - Jun 8 by ITFC_Forever |
May’s wages haven’t been paid apparently. |
She shouldn’t have led the country into shït between 2016 and 19 then. |  | | |
| Derby takeover collapsing on 15:40 - Jun 8 with 1671 views | ArnoldMoorhen |
| Derby takeover collapsing on 09:04 - Jun 8 by Guthrum |
But if you can successfully pretend to have £5m for long enough, you get a nice house. Which can then be mortgaged to give you real money to spend. Plus the status and seeming respectability to acquire more stuff.
If it sounds like a confidence trick, that's because it is. |
See also this, attributed to former Derby County chairman, Robert Maxwell, paraphrasing JM Keynes:
"If you owe the bank £500, you have a problem. If you owe the bank £500 million, they have a problem." | | | |
| Derby takeover collapsing on 15:55 - Jun 8 with 1644 views | Cheltenham_Blue |
| Derby takeover collapsing on 08:57 - Jun 8 by ITFC_Forever |
For the good of football, a "big" club needs to go bust... a disaster for the fans of that club though.
Derby could be the sacrificial rams. |
Derby aren't big enough to start the sort of change you are seeking. Not even close. |  |
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| Derby takeover collapsing on 20:56 - Jun 8 with 1442 views | Nthsuffolkblue |
| Derby takeover collapsing on 09:04 - Jun 8 by Guthrum |
But if you can successfully pretend to have £5m for long enough, you get a nice house. Which can then be mortgaged to give you real money to spend. Plus the status and seeming respectability to acquire more stuff.
If it sounds like a confidence trick, that's because it is. |
Apologies if failing to trawl through the whole thread I have missed it mentioned, but isn't this what happened when Notts County became the richest club in football too? |  |
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| Derby takeover collapsing on 21:08 - Jun 8 with 1422 views | Churchman |
Derby will be absolutely fine. No problem. They’ll be bought out or some sort of ‘arrangement’ will be made for them. Bust and out of business is for Bury, Maidstone, Norwich, Dover and Rushden & Diamonds. And even clubs as Mickey Mouse as those can reform if the demand is there. [Post edited 8 Jun 2022 23:10]
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| Derby takeover collapsing on 21:14 - Jun 8 with 1402 views | Nthsuffolkblue |
| Derby takeover collapsing on 21:08 - Jun 8 by Churchman |
Derby will be absolutely fine. No problem. They’ll be bought out or some sort of ‘arrangement’ will be made for them. Bust and out of business is for Bury, Maidstone, Norwich, Dover and Rushden & Diamonds. And even clubs as Mickey Mouse as those can reform if the demand is there. [Post edited 8 Jun 2022 23:10]
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Derby are far from too big for that to happen to them as well. I doubt much of the footballing world would bat an eyelid if it did happen. However, they also appear to be a club that have a thousand lives. The end seemed to come far more rapidly for Bury. However, there comes a point at which patience ends. Ultimately the taxman will insist on their chunk and if it isn't readily there they will take the assets. | |
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| Derby takeover collapsing on 23:15 - Jun 8 with 1271 views | Churchman |
| Derby takeover collapsing on 21:14 - Jun 8 by Nthsuffolkblue |
Derby are far from too big for that to happen to them as well. I doubt much of the footballing world would bat an eyelid if it did happen. However, they also appear to be a club that have a thousand lives. The end seemed to come far more rapidly for Bury. However, there comes a point at which patience ends. Ultimately the taxman will insist on their chunk and if it isn't readily there they will take the assets. |
I was chatting today to a friend who was a taxman until he finished a couple of months ago. He was saying that even before the government gave up on collecting tax, they’d have accepted an arrangement of anything in pound to close the case. Derby won’t be shut down by HMRC any more than Home Office will go after serious criminals. It’s just not a priority.
Derby will be fine and back in the Championship before you know it. [Post edited 8 Jun 2022 23:19]
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| Derby takeover collapsing on 09:51 - Jun 9 with 1088 views | ArnieM |
| Derby takeover collapsing on 23:15 - Jun 8 by Churchman |
I was chatting today to a friend who was a taxman until he finished a couple of months ago. He was saying that even before the government gave up on collecting tax, they’d have accepted an arrangement of anything in pound to close the case. Derby won’t be shut down by HMRC any more than Home Office will go after serious criminals. It’s just not a priority.
Derby will be fine and back in the Championship before you know it. [Post edited 8 Jun 2022 23:19]
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Well I hope they’re not . It sends out totally the wrong message in the game . But the game is rotten to the core at so many clubs anyway . Money killed the game decades ago . Thanks Sky 👠| |
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| Derby takeover collapsing on 09:55 - Jun 9 with 1081 views | GeoffSentence |
| Derby takeover collapsing on 23:15 - Jun 8 by Churchman |
I was chatting today to a friend who was a taxman until he finished a couple of months ago. He was saying that even before the government gave up on collecting tax, they’d have accepted an arrangement of anything in pound to close the case. Derby won’t be shut down by HMRC any more than Home Office will go after serious criminals. It’s just not a priority.
Derby will be fine and back in the Championship before you know it. [Post edited 8 Jun 2022 23:19]
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"even before the government gave up on collecting tax"
When did they do that and why doesn't it show up in my pay packet?
Seriously, what does that mean? |  |
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| Derby takeover collapsing on 09:56 - Jun 9 with 1065 views | wkj |
| Derby takeover collapsing on 09:51 - Jun 9 by ArnieM |
Well I hope they’re not . It sends out totally the wrong message in the game . But the game is rotten to the core at so many clubs anyway . Money killed the game decades ago . Thanks Sky 👠|
Very easy to blame sky, but who are lining their pockets?
The public may not be the root cause, but we are very much enablers. | |
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| Derby takeover collapsing on 10:27 - Jun 9 with 978 views | WeWereZombies |
| Derby takeover collapsing on 10:33 - Jun 8 by ITFC_Forever |
If a club going bust isn't enough of a wake up call to other clubs to live withing their means, then they get what they deserve.
And it was a set up to an (a not so) amazing pun. [Post edited 8 Jun 2022 10:33]
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I feel sheepish about following up on this so belatedly but if Derby do not dip into liquidation they will still be Shaun of all respectability... |  |
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| Derby takeover collapsing on 11:08 - Jun 9 with 902 views | Leaky |
| Derby takeover collapsing on 11:20 - Jun 8 by wkj |
What is the difference between declaring the club bankrupt now, vs then? They are approaching nearly 1 year in administration (September 22 2021) - That is a very generous time to be financially against the ropes. |
Wasn't Tom Lawrence on a reported £35k a week. Don't know if is still there or if he is still on that amount. plus they still have Rooney to pay. All while in administration. Thought the administrators would be cutting debt not making it larger. Mind you Mrs Vardy maybe helping out Rooney. [Post edited 9 Jun 2022 11:21]
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| Derby takeover collapsing on 11:13 - Jun 9 with 891 views | Dyland |
| Derby takeover collapsing on 11:10 - Jun 8 by BlueandTruesince82 |
And if one were to then not too many better options than Derby, we'd all like it to be the green and yellow mob but if not Derby would be up there |
Who really wants Nodge to go out of business? Much rather they are sh1tter than us and Town overtake them sooner rather than later, business as usual, and wryly remember in song, verse and around the fire on cold haunted nights, the dark days of MEG. [Post edited 9 Jun 2022 11:20]
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| Derby takeover collapsing on 13:24 - Jun 9 with 773 views | JammyDodgerrr |
| Derby takeover collapsing on 13:16 - Jun 8 by ITFC_Forever |
May’s wages haven’t been paid apparently. |
Think it's that they have been paid by someone close to the club - but not by Kischner which was the agreement |  |
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