Fascinating listen about Derby on Talksport

Discussion in 'Bulletin Board' started by Cunning Stunt, Sep 23, 2021.

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  1. Cun

    Cunning Stunt Well-Known Member

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    A revealing insight from the administrator about the unbelievable mess they are in. About the inevitable fallout of job losses etc and a possibility they may not fulfil their fixtures.

    A bit that I didn't know is Boros Steve Gibson who is in the process of 'persuing' DCFC as if they hadn't cheated then the league would have been a more level playing field with regards to signing players etc. Explained properly by Simon Jordan was most interesting.
     
    Cunning Stunt, Sep 23, 2021
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  2. Redhelen

    Redhelen Well-Known Member

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    A big mess to sort out. And the administrators will take their cut.
     
    Redhelen, Sep 23, 2021
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  3. Mid

    Mido Well-Known Member

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    I always think that Gibson is a massive hyprocrite with the amount of money he's thrown at Boro over the years.
     
    Mido, Sep 23, 2021
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  4. Cun

    Cunning Stunt Well-Known Member

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    I did think the same I must admit
     
    Cunning Stunt, Sep 23, 2021
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  5. Cun

    Cunning Stunt Well-Known Member

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    They did mention that due to their situation jobs like 'finance directors' (irony alert) and other back of the scenes roles would inevitably be lost and the administrator and his fee will cover and fulfil those positions.
     
    Cunning Stunt, Sep 23, 2021
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  6. Andy Mac

    Andy Mac Well-Known Member

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    Yes, he seems to conveniently forget the likes of Ravanelli and Juninho played for £100 a week and paid subs.
     
    Andy Mac, Sep 23, 2021
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  7. Gordon Owen

    Gordon Owen Well-Known Member

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    If they have to dismantle their stadium l think we should make a bid.
     
    Gordon Owen, Sep 23, 2021
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  8. Old Goat

    Old Goat Well-Known Member

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    We only want one stand and the corner bits. Shouldn't cost the earth.
     
    Old Goat, Sep 23, 2021
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  9. Old Goat

    Old Goat Well-Known Member

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    Oh, and the scoreboard!
     
    Old Goat, Sep 23, 2021
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  10. Gordon Owen

    Gordon Owen Well-Known Member

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    Advertising boards so we can bin off the plywood we've got.
     
    Gordon Owen, Sep 23, 2021
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  11. Stephen Dawson

    Stephen Dawson Well-Known Member

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    Does it say Barnsley 0?
     
    Stephen Dawson, Sep 23, 2021
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  12. Did

    Didcot Red Well-Known Member

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    Cheeky!
     
    Didcot Red, Sep 23, 2021
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  13. YT

    YT Well-Known Member

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    Funny you should say that...
     
    YT, Sep 23, 2021
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  14. BrunNer

    BrunNer Well-Known Member

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    There are always scare stories of not being able to fulfil fixtures etc. on any administration. I don't think I've ever seen this happen above League Two level - maybe it needs to?

    They will be "debt-free" soon and in the hands of a new owner. Rinse and repeat.
     
    BrunNer, Sep 23, 2021
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  15. Cun

    Cunning Stunt Well-Known Member

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    We could put an offer in for Mel Morris' Casio calculator. Might come in handy one day.
     
    Cunning Stunt, Sep 23, 2021
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  16. kektyke

    kektyke Well-Known Member

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    He only used it to type 8008135 constantly and then do a dirty Sid James laugh
     
    kektyke, Sep 23, 2021
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  17. Stephen Dawson

    Stephen Dawson Well-Known Member

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    It's the classic reset switch.
     
    Stephen Dawson, Sep 23, 2021
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  18. wakeyred

    wakeyred Well-Known Member

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    I don't know much about business insolvency so please someone enlighten me - but if you put a limited company into insolvency and then pay off the creditors as best you can with the funds available, surely someone can't step in AFTER that and simply continue operating in effect the same business - even if you register a slightly different name, etc. That has to be illegal right? How come its ok for football teams?
     
    wakeyred, Sep 23, 2021
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  19. Stephen Dawson

    Stephen Dawson Well-Known Member

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    Dunno mate.
     
    Stephen Dawson, Sep 23, 2021
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  20. Don

    Donny-Red Well-Known Member

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    I’m no lawyer (or accountant).
    But AFAIK the ‘company’ is the directors etc, not the assets or employees. The loophole commonly used is that Phoenix companies that are exactly the same are run by the wives and children of the original directors.
    Different in football as these ‘companies’ are money pits, and they generally go into liquidation when the current owner stops digging into his pocket.

    So; think about this from an employee perspective. If you worked for a company that went bust, would you be happy to be re-employed on the same terms, at the same workplace? Would you think it wrong for a new owner to be refused a chance to employ you and your mates?

    You’re right; the creditors get a sh it deal, but surely as much as possible should be saved?
     
    Donny-Red, Sep 23, 2021
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