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Thread: Admin looming

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  1. #1
    Join Date
    Apr 2009
    Posts
    21,626
    Quote Originally Posted by ramAnag View Post
    I don’t really know, or care, if it’s Rats or not. Don’t see why anyone would pretend to be someone else or why anyone would be paranoid about it. Either way, sadly he and the doubters were right and I was wrong. A part of me still feels sorry for Morris. He had the best of intentions but he and his ‘crew’ have sure as hell ****ed up massively and now we’ll all pay the price.
    There were clues if you bothered to read them back when this account first surfaced, that it wasn't Rat and more to the point whilst the poster desperately try's to post as if its rat, it clearly isn't. As to why someone would be bothered, well you'd have to ask that person why.

    Not paranoia on my part, couldn't give a flying **** what the **** rat had to say and you give his views too much credence, the main gripe was not with the American owners, they had a plan and plainly stuck to it, they weren't flashing the cash, but with Clough who was a very average manager, whose teams were so boring to watch it turned the fan base off and whose post match comments were so banal it sent one to sleep.

    This great Clough who Rats did laud, what has he achieved since leaving Derby? **** all, a half decent spell with the Blades that ended with him getting sacked, then of course a top championship club snapped him up... not, so anyone foolish enough to say we were doing well under him and would ahve progressed is talking out of their arse.

    As for Mel Morris, seems to me he is still supposedly worth £500 million but now a once proud football club is going into administration, its financial affairs are a tangled web and many creditors who can ill afford to lose money will do so.

    This has not been down to the pandemic, its been down to financial mismanagement which the pandemic has exacerbated.

  2. #2
    Join Date
    Sep 2011
    Posts
    9,423
    Quote Originally Posted by swaledale View Post
    As for Mel Morris, seems to me he is still supposedly worth £500 million but now a once proud football club is going into administration, its financial affairs are a tangled web and many creditors who can ill afford to lose money will do so.
    He has, apparently, sunk something close to £250M into the club. Two things on this. 1) is this the extent of his liquid assets and the rest is tied up in things that can't easily be turned into cash? 2) there is the story that he's ploughed in the max he promised his family he would

    Being an old cynic I do wonder if this threat of Admin has been done to try and force a quick and cheaper sale through to the party that backed out a couple of days ago?

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