Notcher
Stuart Pearce
You're correct, insolvency law is different to England. We have to engage specialists north of the border if a Scottish company comes to us.
Sent using Tapatalk
Does anyone remember League 1 Derby County? (STILL the worst team in history!)
- Thread starter Flaggers
- Start date
Sent using Tapatalk
eyupmeduck
Geoff Thomas
Rzar
Bob McKinlay
That’s not them wanting to stay, that’s them so desperate to get away they will take them to court 
Red Dawn
John Robertson
I've been banned off their site again by some precious darling. This time for 3 months.
Fair play to Red Dawn on there who has somehow managed to con them into trusting him as he has found the perfect balance between friendliness and banter
Actually don't know what I did to be honest. Apparently it was for being a WUM but nothing I said was inflammatory. Ah well
Sent from my iPhone using Tapatalk
eyupmeduck
Geoff Thomas
Its leaving on a free if the Rangers approach is taken as well so the asset value decreases further for the club/purchaser!That’s not them wanting to stay, that’s them so desperate to get away they will take them to court
Sent from my SM-G960F using Tapatalk
Tiff
Matchday Squad
Bit of a mix of messages isn't it? . If the club is sold it implies a lack of administration. The point they are making here is if a newco is founded to avoid paying debts, that's in the event of liquidation and a new company being founded.
Contracted Derby players seek legal advice
At least two of Derby's seven senior players are taking legal advice over whether they can end their contracts when the club is sold.www.bbc.co.uk
Winnits
Viv Anderson
Presumably they’d form a newco on takeover too, since they will be consolidating the rats nest of different companies Mel created out of Derby
donny
Grenville Morris
A newco would be founded. IIRC, the same happened when we were purchased by Marinakis and Fawaz, so, it wouldn't be surprising.
Tiff
Matchday Squad
But they allude to them forming a new company to avoid paying the debts , that’s liquidation.
Sent from my iPhone using Tapatalk
Winnits
Viv Anderson
Captain Sinister
Senior doom Monger
Every day I visit this thread in the hope of seeing something concrete: a done deal for a transfer of ownership, confirmation that all c reditirs have been paid off, confirmation that the EFL have been provided with (and have audited and confirmed) evidence that Direby have the financial resources in place to commence and complete the fixtures for the whole of the coming season, or failing that confirmation that the EFL have ordered the club to be wound up and dismissed them from the league.
Every day I am disappointed that none of these outcomes has materialised.
The train is still heading full tilt for the drop into the deep, deep quarry, and no one seems to be prepared to do anything other than watch it go over the edge.
It is a mystery!
Every day I am disappointed that none of these outcomes has materialised.
The train is still heading full tilt for the drop into the deep, deep quarry, and no one seems to be prepared to do anything other than watch it go over the edge.
It is a mystery!
Bonfy177
LTLF MORON
Quantuma are an absolute disgrace, still no word about the new pitch, is it being watered? cut?
Bonfy177
LTLF MORON
Choo Choo Capt Choo Choo
Captain Sinister
Senior doom Monger
If I knew how, I'd post that film clip from the new Tom Cruise film of the train going into the quarry.Choo Choo Capt Choo Choo
TThat was filmed in Derbyshire, i believe.
Barbus
Steve Chettle
Project Zeus
Steve Chettle
It's kind of sad to watch now. The fixtures are out tomorrow; the EFL needs to sort itself out. Just put them out of their misery.
Sent from my SM-G990B using Tapatalk
Sent from my SM-G990B using Tapatalk
„Derby County have gone to live on a Farm“
— EFL, possibly tomorrow.
— EFL, possibly tomorrow.
Project Zeus
Steve Chettle
"Derby died on the way back to his home planet."
Sent from my SM-G990B using Tapatalk
Rzar
Bob McKinlay
Let them go free! This is cruelty! #JusticeForBuchananAndBryne
Notcher
Stuart Pearce
A Newco would likely be formed then "trading as Derby County Football Club". If they trade as that then either it has to be with agreement by creditors to a CVA or it would be through a pre-pack liquidation. They won't be able to get out of paying the debt without doing one or the other.
Sent using Tapatalk
Bonfy177
LTLF MORON
Cue “what yer drinking“ thread on LTLF getting heavy traffic within moments of said announcement
Well... fixtures are out tomorrow for these people.
EFL will have to do SOMETHING before that else the season will become the farce they bent over to avoid this season.
EFL will have to do SOMETHING before that else the season will become the farce they bent over to avoid this season.
Morpeth
John Robertson
So are we thinking that there may be some movement (sale or golden share removal) by close of business (potentially very late) today and well before 9am fixture announcement?
Templeton
First Team Squad
I imagine they will announce League 1 fixtures with Derby included, and then allow them until the first couple of weeks into the season to get something sorted. Same scenario as they applied to Bury couple of seasons ago.
Rzar
Bob McKinlay
Whatever happens I just can't see a scenario where they have a new owner by the time the season starts