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Thread: DCFC may be no more?

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  1. #1
    Join Date
    Jul 2008
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    10,439

    DCFC may be no more?

    Thank you so much Mr Morris for dropping us in the ****e

    Whatever happens next, even if some sort of takeover happens instead of Administration, Morris ain't going to come up smelling of roses

    I put him in the same league as Maxwell and the Three Amigos.

  2. #2
    Join Date
    Sep 2011
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    7,463
    Personally I will wait a little longer before throwing any sh*t in Mel Morris' direction.

    He has invested a lot of his own personal wealth into Derby County in an effort to make us a big club. He has openly said for 18 months or more that he needed help financially but has been patient enough to try and find the "right" buyer to preserve the club that he supports and take it forward. He has had to prop the club up through almost 12 months of little or no income from supporters and when we finally see some light at the end of the tunnel it could well just be an idiot with a big torch rather than daylight.

    According to reports this morning the players were told that the club cannot pay their wages until the takeover is completed which is still expected this week so nothing has changed.

    I don't believe that Mel Morris has done anything for the club with less than his best intentions but he has made mistakes and has had some ridiculously bad luck. My fingers are crossed that we will look back on this deal and say "this was worth waiting for, thank you Mel for not just throwing us to the first wolf who opened his wallet". Time will tell.

  3. #3
    Join Date
    Nov 2007
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    4,716
    I agree OTR, the "astute businessman" is an utter failure. All that hard work we did under the American's to stabilise has been undone, and them some!

  4. #4
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    Not for the first time this week I entirely agree with MA...but time is running out and a lot has got to happen by the end of tomorrow or the doom mongers will be proved right.

  5. #5
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    Jul 2008
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    I hope I am not proven right, as a doom monger, but I fear the worst now

    I'll happily hold my hands up if this ends up positively

  6. #6
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    Quote Originally Posted by Oldtimeram View Post
    I hope I am not proven right, as a doom monger, but I fear the worst now

    I'll happily hold my hands up if this ends up positively
    Could go either way, OTR. Likewise, as someone who welcomed Mel Morris five (?) and a half years ago, despite the misgivings of those such as Ramondo and Ella (what great posters they were) and possibly yourself...I’ll (unhappily) hold my hands up if you’re proved right.

  7. #7
    Join Date
    May 2018
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    Quote Originally Posted by ramAnag View Post
    Not for the first time this week I entirely agree with MA...but time is running out and a lot has got to happen by the end of tomorrow or the doom mongers will be proved right.
    Ironic that the king doom monger has been usurped by a bigger doomie :-)

    I have now reached the point where my bigger concern is if it goes ahead. The prevarication over the deal just seem too great. Each positive announcement is followed by........ nothing. If we become Abu Dhabi, will we see similar lethargy in decision making and release of funds?

    I know I've urged patience in the past and that deals don't happen overnight, but this is now dragging on too long.

    Sad to say, we're ****ed if it goes through and possibly buggered if it does not

  8. #8
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    Jun 2016
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    Quote Originally Posted by Geoff Parkstone View Post
    Ironic that the king doom monger has been usurped by a bigger doomie :-)

    I have now reached the point where my bigger concern is if it goes ahead. The prevarication over the deal just seem too great. Each positive announcement is followed by........ nothing. If we become Abu Dhabi, will we see similar lethargy in decision making and release of funds?

    I know I've urged patience in the past and that deals don't happen overnight, but this is now dragging on too long.

    Sad to say, we're ****ed if it goes through and possibly buggered if it does not
    Ah...and you were being so nice yesterday.

    Difficult to imagine anything more ‘doomie’ than your final sentence. Suppose it depends on your taste.

    Serious question...is there any likelihood that the dynamic duo - Brexit and Covid (not Gunt and TTR) - might have caused a delay in the transfer of such a huge amount?
    Last edited by ramAnag; 14-01-2021 at 11:07 AM.

  9. #9
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    May 2018
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    Quote Originally Posted by ramAnag View Post
    Ah...and you were being so nice yesterday.

    Difficult to imagine anything more ‘doomie’ than your final sentence. Suppose it depends on your taste.

    Serious question...is there any likelihood that the dynamic duo - Brexit and Covid (not Gunt and TTR) - might have caused a delay in the transfer of such a huge amount?
    I would have to say "unlikely". The international banking system has operated just fine during the previous 10 months of COVID lockdowns etc, after a couple of hiccoughs. It essentially is all automated with minimal need for human intervention. I suppose if all authorised signatories at the sender's end were struck down with covid and there was noone to initiate or authorise the transaction, that might make it tricky... (but not gunterry).

    But actually in international trade terms, is it such a huge amount?

    As for Brexit, well it probably will get blamed for it, but a transaction between a UK bank and a non EU bank (presumably as the holding company of Derventio is in Gibraltar) seems unlikely to be impacted

  10. #10
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    Jun 2016
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    Quote Originally Posted by Geoff Parkstone View Post
    I would have to say "unlikely". The international banking system has operated just fine during the previous 10 months of COVID lockdowns etc, after a couple of hiccoughs. It essentially is all automated with minimal need for human intervention. I suppose if all authorised signatories at the sender's end were struck down with covid and there was noone to initiate or authorise the transaction, that might make it tricky... (but not gunterry).

    But actually in international trade terms, is it such a huge amount?

    As for Brexit, well it probably will get blamed for it, but a transaction between a UK bank and a non EU bank (presumably as the holding company of Derventio is in Gibraltar) seems unlikely to be impacted
    ‘Unlikely’...but not out of the question then.
    I know I’m probably clutching at straws but transferring God knows how many million dirham into Sterling and passing all the various ‘tests’ tax efficiently might take extra time.
    I know I transferred a mere four figure fee to Europe recently and it took about twice as long as anticipated.
    Any port in a storm!

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