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Another snow storm in Derby

Discussion in 'Cardiff City' started by blueturk the cat, Sep 17, 2021.

  1. ninian opinion

    ninian opinion Well-Known Member

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    The snow is slowly melting at the Baseball Ground and the first shoots of spring are coming through....could they pull off the most unlikely of escapes?
     
    #101
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  2. irishbluebird

    irishbluebird Well-Known Member

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    Don’t see that happening. I wouldn’t put money on it. Sparkey however… :emoticon-0136-giggl
     
    #102
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  3. BrizzleBluebird

    BrizzleBluebird Well-Known Member

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    I know you shouldn't laugh but saw on the Beeb gossip column that Mike Ashley may be interested in buying the Snow Queens.

    Probably is just chat but if I were in their fans shoes I'm not sure I'd be impressed by that given the Geordies experiences.
    I know they had high expectations but Direby fans aren't too different in that respect in my experience.
     
    #103
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  4. ninian opinion

    ninian opinion Well-Known Member

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    I also read their transfer embargo is ended but they can only sign free transfers and low cost loans
     
    #104
  5. BluefromBridgend

    BluefromBridgend Well-Known Member

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    We can give them a couple........
     
    #105
  6. ninian opinion

    ninian opinion Well-Known Member

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    Bacuna for starters <whistle>
     
    #106
  7. Oldsparkey

    Oldsparkey Well-Known Member
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    #107
  8. BluefromBridgend

    BluefromBridgend Well-Known Member

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    And remember the sh1t storm we had with our financial issues pre VT. We were saints compared to Direby.
     
    #108
  9. FrankfurterBlue

    FrankfurterBlue Well-Known Member

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    I thought all HMRC debts had now to be paid in full or they would push hard for liquidation? No creditors' arrangements on HMRC.
     
    #109
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  10. Oldsparkey

    Oldsparkey Well-Known Member
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    Furter - you'd probably know better than me in your line of business, but here's something I posted some time back which has relevance to the Derby Admin situation.

    At one time and over the years, there was an implication that HMRC would accept a compromise if the likely proceeds of any admistration meant they would receive a lesser amount than that owed in the final distribution of realised assets.

    However, since December last year, HMRC have been elevated to secondary preferential creditors in any administration. That means they rank behind Creditors with a fixed charge, Adminstrators Fees/expenses, and Prefential creditors (money owed but unpaid to employees), but ahead of prescribed creditors (ringfenced fund), secured creditors with a floating charge (banks), non preferential creditors (suppliers) and shareholders (Morris etc).

    Unless there is something fundamentally flawed in their claim. there is no way HMRC will dilute their legitmate right to unpaid taxes and contributions with their new position. That would create a precedent and undermine their efforts over many years to raise their status in insolvency proceedings.

    If you asking me how I know, it's because I've been there many moons ago in a previous life, but long before they finally got their status elevation.
     
    #110

  11. ninian opinion

    ninian opinion Well-Known Member

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    Derby placed in a fresh transfer embargo as the administrators failed to produce evidence of funds for the rest of the season.
    Mind you not sure they need any, the form they’re in. Carry this on and they’ll be be eyeing mid table:emoticon-0138-think
     
    #111
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  12. ninian opinion

    ninian opinion Well-Known Member

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    Wonder if anyone comes in for Lawrence?
    His 2 goals v Sheff U were top drawer. Any offer will have to be considered by the administrators.
     
    #112
  13. clingo

    clingo Well-Known Member

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    I'm watching the BBC Parliament channel and there's been an urgent question raised about Derby County. It's unbelievable the amount of energy being shown to save "a great club'.
    I can't remember government time being dedicated to the plight of Bury.
     
    #113
  14. Oldsparkey

    Oldsparkey Well-Known Member
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    #114
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  15. BluefromBridgend

    BluefromBridgend Well-Known Member

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    Rooney the media favourite for the Everton job. Rats, sinking ships etc.
     
    #115
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  16. ccfcremotesupport

    ccfcremotesupport Well-Known Member

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    #116
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  17. clingo

    clingo Well-Known Member

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    #117
  18. ninian opinion

    ninian opinion Well-Known Member

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    #118
  19. BrizzleBluebird

    BrizzleBluebird Well-Known Member

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    Let's wait and see. There have been a few false dawns for them so far.... Normally as soon as bidders get the full picture.

    This may be different insofar as they seem comfortable with the potential legal actions to come.

    Time will tell eh?
     
    #119
  20. BluefromBridgend

    BluefromBridgend Well-Known Member

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    Short term optimism.
     
    #120
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