Admin looming

[StensonRam]

I know we didn't go into admin because of a few million owed here and there from other clubs, in the grand scheme of things it wouldn't have made any difference but what I'm saying is now that we're in admin will the administrators look to call in any debts from other clubs to help dcfc pay its own creditors, if those other clubs are struggling themselves and are late in payments to us then while I sympathise its not really our problem - we have our own like admin, if those clubs can't pay us or are late in paying then surely the EFL should go after them too, after all they're going to dock us 3 points for late payments

Reminds me of Boycie suddenly finding 3 grand down the sofa when the Drisscoll brother came knocking at Del Boys door

[MadAmster]

I know we didn't go into admin because of a few million owed here and there from other clubs, in the grand scheme of things it wouldn't have made any difference but what I'm saying is now that we're in admin will the administrators look to call in any debts from other clubs to help dcfc pay its own creditors, if those other clubs are struggling themselves and are late in payments to us then while I sympathise its not really our problem - we have our own like admin, if those clubs can't pay us or are late in paying then surely the EFL should go after them too, after all they're going to dock us 3 points for late payments

Reminds me of Boycie suddenly finding 3 grand down the sofa when the Drisscoll brother came knocking at Del Boys door

Have we repeated the "offence"? If not, those points won't be deducted unless we do default again. I saw speculation in the Daily Fail and The Sun which was later regurgitated by the usual lame online suspects that " the 3 points would be deducted if we didn't pay BY September".

Was that the August wages or have they been paid? Will the September wages be paid? Pure speculation on the part of those rags. I took the "3 months money" part of the Admin blurb to mean alloutgoings, including wages, are covered for 3 months and that bums on seats etc would help us after that.

We shall see.

[StensonRam]

Mm but then being positive is their job if they hope to be able to sell the club as going concern!

Also I'd take with a pinch of salt them saying we have 6 parties interested in buying the club, they would say that, just like a car salesman would say be quick because someones already on the way down to see it

[StensonRam]

What I meant was if the EFL have and are threatening us with a 3 points deduction for late wages payments then surely they should be going after other clubs that are late in paying us, remember we were hauled over the coals for late payment in Keoughs compensation, Coco's payment. I know all businesses owe other businesses money but eventually payments need to be made after 30/60 or 90 day terms, if we have outstanding transfer fees owed to us then surely the EFL should go after those as well, its not sour grapes, I know any monies owed to us wouldn't have made a difference but every little helps and of course if they applied sanctions to other clubs it would help our cause too

or am I talking out my ahrse

[Geoff Parkstone]

Middlesbrough, Cardiff, Sheffield United, Coventry, Blackburn at a squeeze, plus Sunderland, Sheffield Wednesday from League 1? The potential is there for sure but it requires on field success. yes we could get 32k as a promotion hunting team towards the top of Championship, but where did that get us?

[swaledale]

Middlesbrough, Cardiff, Sheffield United, Coventry, Blackburn at a squeeze, plus Sunderland, Sheffield Wednesday from League 1? The potential is there for sure but it requires on field success. yes we could get 32k as a promotion hunting team towards the top of Championship, but where did that get us?

My point is that there is a revenue stream, we still got 25K when Clough jnr as boring us to death in mid table for a couple of years. Obviously a successful team needs to be assembled, but its a better prospect than say a Wigan which struggled to fill their ground even when in the prem.

[Trickytreesreds]

I have a question.

MM wants £80M

He owns the team/name/training etc thats now in administration hands.

He also, through a private company, owns the stadium?
Does this asking price contain the stadium, which he valued at £80M?
If not, how much the administrators really recoup of the debt etc?

Even if it does, how much does that leave him out of pocket, with the sale of the job lot?

[swaledale]

I have a question.

MM wants £80M

He owns the team/name/training etc thats now in administration hands.

He also, through a private company, owns the stadium?
Does this asking price contain the stadium, which he valued at £80M?
If not, how much the administrators really recoup of the debt etc?

Even if it does, how much does that leave him out of pocket, with the sale of the job lot?

I guess it depends upon how the companies were structured? If they are all interconnected and the sale was from one entity to another then they would be in the hands of the administrators. If the sale of the ground is to an entirely separate company then as has happened at a number of clubs the grounds remains leased unless whoever owns the club agrees to buy it back.

I've read reports which suggest there is a substantial debt owed to Mel Morris, which he is likely to waive, no doubt it will become clearer over the coming weeks.

[Ramshank72]

Don't worry your pretty little red head over it, he'll still be able to afford a cheese bap and pint of pedigree.

[Geoff Parkstone]

Perhaps a half, and no pickle with the cheese bap