sherlyegg Posted December 2, 2021 Share Posted December 2, 2021 Derby face liquidation. https://www.derbytelegraph.co.uk/sport/football/football-news/derby-county-administration-liquidation-hmrc-6290750 Link to comment Share on other sites More sharing options...
morganowl Posted December 2, 2021 Share Posted December 2, 2021 surely not . they still have some decent players and could sell them in 4 weeks to help pay some of this. what would annoy me is they get away with this debts reduced then start next season chucking money about and get instantly promoted . i certainly wouldn`t like a club like derby going under. i dont think many realise if chansiri didnt back us during pandemic we could have already gone under 4 Link to comment Share on other sites More sharing options...
longreach Posted December 2, 2021 Share Posted December 2, 2021 3 minutes ago, morganowl said: surely not . they still have some decent players and could sell them in 4 weeks to help pay some of this. what would annoy me is they get away with this debts reduced then start next season chucking money about and get instantly promoted . i certainly wouldn`t like a club like derby going under. i dont think many realise if chansiri didnt back us during pandemic we could have already gone under If Chansiri hadn't mucked it up in the first place we wouldn't be in the position we are now!! 4 1 1 Link to comment Share on other sites More sharing options...
Beauchief Owl Posted December 2, 2021 Share Posted December 2, 2021 1 minute ago, longreach said: If Chansiri hadn't mucked it up in the first place we wouldn't be in the position we are now!! TBF Chansiri is hardly to blame for the pandemic and the loss of revenue that came with it, which is the point the poster was making. DC has kept the club afloat whatever other criticisms can be levelled at him. 9 Link to comment Share on other sites More sharing options...
GermanBird Posted December 2, 2021 Share Posted December 2, 2021 Maybe some of their players want to join Wednesday in the January transfer window??? Link to comment Share on other sites More sharing options...
striker Posted December 2, 2021 Share Posted December 2, 2021 I'm sure it's a negotiating tactic to portray the HMRC as the bad guys and pin the blame for their potential demise, which won't happend, just a sale on worse terms than the administrators wanted and perhaps a longer road back to the championship for the club. Let's not forget HMRC is taxpayers money, the club is just a business, like every other business in the UK and has obligations to contribute towards the UK tax system and a business who are still paying astronomical wages (compared with the average wage paid by many other businesses). Yes, I get the argument that this is football and it's different, but it isn't in the eyes of the tax system, nor should it be. Let's not also forget that as soon as new owners come in, they will spend money, probably far greater than the legitimate debt owed to the UK taxpayer. The money is there, it's a business decision what to spend it on. I'm no fan of tax or HMRC and this is not a slight on Derby (more football on general) but annoys me that football clubs think they can plead poverty seeking special terms while in the knowledge they are merely preserving money to be invested (and usually wasted) in the business. 7 Link to comment Share on other sites More sharing options...
longreach Posted December 2, 2021 Share Posted December 2, 2021 6 minutes ago, Beauchief Owl said: TBF Chansiri is hardly to blame for the pandemic and the loss of revenue that came with it, which is the point the poster was making. DC has kept the club afloat whatever other criticisms can be levelled at him. Chansiri had ballzed it up way before the pandemic.....Using the pandemic and the aftermath is just a convenient excuse. 2 1 Link to comment Share on other sites More sharing options...
room0035 Posted December 2, 2021 Share Posted December 2, 2021 This never happens though it will be for a new owner to get them on the cheap and not have to pay much for the club. the interest thing is though who owns pride park because I don't think it's derby county. If the company goes bust the assets i.e. Pride park could be sold to pay the creditors. Link to comment Share on other sites More sharing options...
room0035 Posted December 2, 2021 Share Posted December 2, 2021 9 minutes ago, Beauchief Owl said: TBF Chansiri is hardly to blame for the pandemic and the loss of revenue that came with it, which is the point the poster was making. DC has kept the club afloat whatever other criticisms can be levelled at him. But equally if DC had paid the players on time we would still be in the championship. So keeping the club afloat when taking out loan against the ground, anyone could have done that. If DC was using his own money and not someone else's why would he need the loans. Link to comment Share on other sites More sharing options...
areNOTwhatTHEYseem Posted December 2, 2021 Share Posted December 2, 2021 14 minutes ago, Beauchief Owl said: TBF Chansiri is hardly to blame for the pandemic and the loss of revenue that came with it, which is the point the poster was making. DC has kept the club afloat whatever other criticisms can be levelled at him. I should think he has! He's the owner of the club. When he became the custodian of a football club with almost 150 years of history, he took on the responsibility of looking after it, through good times and bad. Yes, he's done that by keeping us in business during the pandemic, but so has pretty much every other owner up and down the football league. It's par for the course. 2 Link to comment Share on other sites More sharing options...
Guest mrbluesky Posted December 2, 2021 Share Posted December 2, 2021 Be careful what you wish for!!! Link to comment Share on other sites More sharing options...
CircleSeven Posted December 2, 2021 Share Posted December 2, 2021 15 minutes ago, room0035 said: Pride park could be sold to pay the creditors. Wonder what it’s actually worth? It only has value as home to a football club so I guess it’s sale must be linked to any sale of the club? 1 Link to comment Share on other sites More sharing options...
parajack Posted December 2, 2021 Share Posted December 2, 2021 Why should they (we?) really? why write off such a large amount of tax owed? Just because the Club has got itself into trouble? Obviously feel for the fans.... 1 Link to comment Share on other sites More sharing options...
matthefish2002 Posted December 2, 2021 Share Posted December 2, 2021 I don't think Derby will go out of business buy they fans must be worried they will be the next Coventry, Portsmouth or Bolton. All of those seem to be more on an even keel currently but had a few disastrous seasons before. Link to comment Share on other sites More sharing options...
Wednesday_Jack Posted December 2, 2021 Share Posted December 2, 2021 40 minutes ago, Beauchief Owl said: TBF Chansiri is hardly to blame for the pandemic and the loss of revenue that came with it, which is the point the poster was making. DC has kept the club afloat whatever other criticisms can be levelled at him. DC doesn’t deserve credit for it…it’s his job/business!! 3 2 Link to comment Share on other sites More sharing options...
TheEnchanter Posted December 2, 2021 Share Posted December 2, 2021 41 minutes ago, Beauchief Owl said: TBF Chansiri is hardly to blame for the pandemic and the loss of revenue that came with it, which is the point the poster was making. DC has kept the club afloat whatever other criticisms can be levelled at him. He was also one of the only owners of any football league club that failed to pay the players and was directly responsible for the relegation and lessening valuation of his investment. 8 1 Link to comment Share on other sites More sharing options...
sherlyegg Posted December 2, 2021 Author Share Posted December 2, 2021 Can't see HMRC writing off any money owed, for obvious reasons. The meeting will be to plead for time which they may grant or at least give a final day or else ultimatum. The EFL are concerned they go bust mid season causing all sorts of problems. 'As it stands, the inescapable debt is nearly £30m to HMRC, more than £20m to MSD Holdings (US investment group) and another £10m of football debt. No buyer is going to take that on.' Link to comment Share on other sites More sharing options...
Athelwulf Posted December 3, 2021 Share Posted December 3, 2021 On 02/12/2021 at 09:10, longreach said: If Chansiri hadn't mucked it up in the first place we wouldn't be in the position we are now!! The thing is, though, that clubs like Derby and Wednesday have chucked a fortune trying to compete with the parachute clubs, but have not been allowed to spend enough to actually do it. Until the parachute business is resolved, it will always happen. 3 Link to comment Share on other sites More sharing options...
the_vinyl_frontier Posted December 3, 2021 Share Posted December 3, 2021 (edited) They owe HMRC £26m. They should be made to pay it. They same way I have to pay what I owe. Just because they are worth millions doesn't mean they should be able to get away without paying what they owe. Bye Derby, football is just business now. Edited December 3, 2021 by the_vinyl_frontier Link to comment Share on other sites More sharing options...
meggoisgod Posted December 3, 2021 Share Posted December 3, 2021 whatever happens to derby they'll be in a better position than us.. we are cursed 1 Link to comment Share on other sites More sharing options...
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