Derby doomed

Derby County administrators 'in talks' with party to avoid new points deduction

According to a report by The Sun journalist Alan Nixon, Quantuma's struggles to get a buyer to commit to the figures for exiting administration continue and there is a need for this month's wages paid to buy themselves more time to conclude a takeover. It is added that handing some players their final pay packet as expected would aid manager Wayne Rooney 's attempts to retain some of the club's out-of-contract players.
Should salaries not be covered, then a three-point suspended penalty would be automatically activated after paying their employees late for December 2020 under previous owner Mel Morris. The potential deduction is set to expire at the end of this month.

https://www.derbytelegraph.co.uk/sp...unty-takeover-administrators-quantuma-7227787

 

A three point suspended penalty? Are they not due a bit more than that for still being in administration after numerous deadline shifts? Or do you just get one points deduction and that's it?

 

Is that Maggie May?

 

Is that the sister of Blakey from On the Buses?

 

Mother

 

I just looked into it, they're facing a potential 15 point deduction if they don't pay their creditors at least 25p to the £1.

Oh, that's already been mentioned. Alright then. Carry on.

 

As you do…

 

Nobody doubts Mike Ashley's ability to buy Derby County, trouble is, the administrators doubt his intention to pay them.

 

I don't know all the figures, but I don't think that covers the debts if you add HMRC in.

 

Debt to HMRC is around 36 Million! They don’t accept 25p/35p in the pound. What a fine mess they’ve got themselves in!

BillyBlysPaperboy

 

But maybe only in a roundabout way.

 

"The person who payed #DCFC’s wages last month is now seeking the funding back from Chris Kirchner."

Good luck with that ...

 

It certainly sound a right old mess.

 

Bit harsh on yourself this morning John? Go steady.

 

My t's don't work every time, I press it but nothing happens and I forget to check

 

Derby are set to start pre-season on Monday with just five players under contract for the 2022-23 season and options for one-year extensions on two more.

The club remain in administration and under a transfer embargo, meaning manager Wayne Rooney is unable to bring in any new players at the moment and unsure as to what sort of a squad he could build.

Should a takeover not happen - American businessman Chris Kirchner's planned deal fell apart earlier this month - the Rams' administrators could be forced to sell some or all of the five players - Krystian Bielik, Max Bird, Jason Knight, Louie Sibley and Jack Stretton - in order to keep the business afloat.

The Rams opening day trip to Oxford United also has a historical tie-in as the two clubs were both previously owned by media baron Robert Maxwell in the 1980's.
There is recent precedent for financially troubled sides starting a League One season - and for Derby fans they do not make pleasant reading.

Bury were expelled from the EFL in 2019 without kicking a ball after the club was liquidated, while Bolton ended bottom of the table having started the season in administration.

A Trotters side made up largely of youth players conceded 23 goals in their first six league games of the 2019-20 season and had a game called off due to welfare concerns over their young squad.

Bolton were eventually taken over, but not before finishing bottom and being relegated to League Two after losing 18 of the 34 games they had played before the Covid-19 pandemic ended the season.

Rams fan will not want a repeat of either situation, but a Bolton scenario would understandably be more palatable than the fate that befell Bury.



https://www.bbc.co.uk/sport/football/61895945