Terriersmad
Jimmy Nicholson Terrier
[M0:13]
Posts: 1,590
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Post by Terriersmad on Mar 2, 2022 16:54:53 GMT 1
When will Derby fans recognise that their own club's decisions have put them in this situation? Overspent, accrued huge debts chasing the dream, fell short, cooked the books, fell foul of rules every other club in the Football League followed, and now the administrators aren't playing ball with an already-extended deadline.
While the Football League get many things wrong, they've shown forbearance in relation to Derby. Administrative sanctions like points deductions and a relaxed transfer and registration embargo haven't stopped Derby from competing on the pitch, and it's down to Derby's decisions that they are where they are at this point. To my mind, the Derby fans needed to slam their ownership and not the league, which has to have rules in relation to finance and ownership to ensure teams complete the season.
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Post by orinoco on Mar 2, 2022 17:00:12 GMT 1
This saga is still no nearer coming to an end. The faint hope they had of retaining championship status has probably ended now, very long drawn affair legally wise with them.
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ambryboy
Jimmy Glazzard Terrier
Posts: 4,671
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Post by ambryboy on Mar 2, 2022 17:02:00 GMT 1
I hope they survive as a club until the conclusion of the season there are 4 precious points at stake. After that fuck 'em.
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Post by detox on Mar 2, 2022 17:03:59 GMT 1
This saga is still no nearer coming to an end. Probably in roubles and having difficulty in getting them
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leroy212
Steve Kindon Terrier
Posts: 1,660
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Post by leroy212 on Mar 2, 2022 21:18:28 GMT 1
This saga is still no nearer coming to an end. Probably in roubles and having difficulty in getting them Sure I read somewhere that the administrators that were picked were the cheapest ones. So I guess you get what you pay for
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Post by Headless Chicken on Mar 2, 2022 21:27:41 GMT 1
When will Derby fans recognise that their own club's decisions have put them in this situation? Overspent, accrued huge debts chasing the dream, fell short, cooked the books, fell foul of rules every other club in the Football League followed, and now the administrators aren't playing ball with an already-extended deadline. While the Football League get many things wrong, they've shown forbearance in relation to Derby. Administrative sanctions like points deductions and a relaxed transfer and registration embargo haven't stopped Derby from competing on the pitch, and it's down to Derby's decisions that they are where they are at this point. To my mind, the Derby fans needed to slam their ownership and not the league, which has to have rules in relation to finance and ownership to ensure teams complete the season. I don't want them to go bust, like some do, but they're really playing the club as the victim. Saying that, I reckon a fair few on here would do the exact same thing. A lot can't see through rose tinted glasses.
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Post by tockyterrier on Mar 2, 2022 22:36:13 GMT 1
Probably in roubles and having difficulty in getting them Sure I read somewhere that the administrators that were picked were the cheapest ones. So I guess you get what you pay for I've no idea if they are cheapest, but they are not experienced at doing this for football. The Price of Football pod suggested that the "usual suspects" appeared to have turned them down suggesting that they may have felt the chances of a successful outcome were slim
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leroy212
Steve Kindon Terrier
Posts: 1,660
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Post by leroy212 on Mar 2, 2022 23:38:01 GMT 1
Sure I read somewhere that the administrators that were picked were the cheapest ones. So I guess you get what you pay for I've no idea if they are cheapest, but they are not experienced at doing this for football. The Price of Football pod suggested that the "usual suspects" appeared to have turned them down suggesting that they may have felt the chances of a successful outcome were slim Says how bad if most be if most administrators were turning them down
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Post by themanfromatlantis on Mar 3, 2022 1:00:21 GMT 1
Although I appreciate it being a very outside chance, if they were to forfeit the season, what would the points distribution look like based on games played to date?
It seems that such a precedent would create all sorts of ramifications for the EFL. I can’t see how it could be deemed fair that points are zeroed out.
Apologies if it’s a daft question.
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Post by westislandterrier on Mar 3, 2022 1:21:33 GMT 1
Although I appreciate it being a very outside chance, if they were to forfeit the season, what would the points distribution look like based on games played to date? It seems that such a precedent would create all sorts of ramifications for the EFL. I can’t see how it could be deemed fair that points are zeroed out. Apologies if it’s a daft question. The Rams causing Ramifications... what a surprise - NOT !
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Post by Convictatthemac on Mar 3, 2022 1:39:20 GMT 1
Although I appreciate it being a very outside chance, if they were to forfeit the season, what would the points distribution look like based on games played to date? It seems that such a precedent would create all sorts of ramifications for the EFL. I can’t see how it could be deemed fair that points are zeroed out. Apologies if it’s a daft question. A quick look at how teams have fared against Derby, plucky Bournemouth have 0 points, Rovers and QPR have 3, Sheffield United have 6 and the rest down to Coventry have 4. Not much ramifications there except for autos.
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Post by orinoco on Mar 3, 2022 14:04:29 GMT 1
On the pitch they have had a decent season to say the team was thrown together.
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Post by durhamterrier on Mar 3, 2022 15:03:00 GMT 1
I feel for the fans but aside from that I’m not really arsed.
Rooney is gaining fantastic exposure and will no doubt move onto pastures new in the summer
The young lads they’ve had to play have done a great job and many wouldn’t have usually had this chance.
The past few years:
Darren Bent Wayne Rooney Frank Lampard Ashley Cole
Spending to that excess , with no success, over such a period of time means the club is getting what they deserve.
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Post by mrg on Mar 3, 2022 15:04:06 GMT 1
I've no idea if they are cheapest, but they are not experienced at doing this for football. The Price of Football pod suggested that the "usual suspects" appeared to have turned them down suggesting that they may have felt the chances of a successful outcome were slim Says how bad if most be if most administrators were turning them down Right, vultures basically saying, nah, it's ok, we're full, we've eaten already thanks. How are they limping along. Who is paying the wages? Are the efl trying to hold on till May and then liquidate them. Im all for them getting liquidated now as long as town dont lose 4 points. Sorry not sorry. We need to be beating the likes of Derby if we want to get out of this league. And 5m for Butterfield. Im still splitting my sides about that 6/7 years later.
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Post by softboy on Mar 3, 2022 22:08:14 GMT 1
as i understand it the administrators are keeping a low profile as they dont have enough monies to compete the season yet they were in such a strong financial position that they turned down a significant did for Tom Lawrence in January
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Post by ilsonterrier on Mar 3, 2022 22:22:25 GMT 1
as i understand it the administrators are keeping a low profile as they dont have enough monies to compete the season yet they were in such a strong financial position that they turned down a significant did for Tom Lawrence in January I was told that it was Lawrence himself who turned down the move (or maybe that is what the Derby fan wanted to believe?). Either way, Lawrence will probably be able to get a better deal for himself in the summer when he's out of contract.
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stable
Iain Dunn Terrier
Posts: 454
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Post by stable on Mar 4, 2022 5:46:48 GMT 1
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Post by Christ in Shades (art) on Mar 4, 2022 7:18:32 GMT 1
Although I appreciate it being a very outside chance, if they were to forfeit the season, what would the points distribution look like based on games played to date? It seems that such a precedent would create all sorts of ramifications for the EFL. I can’t see how it could be deemed fair that points are zeroed out. Apologies if it’s a daft question. If that were to happen their record would be expunged and any points gained from playing Derby would be removed from each individual club, so if a club had done the double over them they would have 6 points removed and so on. We would obviously have 4 points deducted.
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Post by football on Mar 4, 2022 8:46:45 GMT 1
They have the bet365 money behind them so no problems about going bust.
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stable
Iain Dunn Terrier
Posts: 454
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Post by stable on Mar 4, 2022 9:10:46 GMT 1
They have the bet365 money behind them so no problems about going bust. They won’t go bust but they surely will have breached FFP and be getting a points deduction next season?
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k1man999
Andy Booth Terrier
Posts: 3,540
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Post by k1man999 on Apr 6, 2022 10:16:19 GMT 1
Administrator has now accepted a bid from Chris kirchner to buy club. Can't believe how long this has gone on for. Wonder if Morris is throwing the stadium in the deal as believe this was a sticking point.
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crux
Andy Booth Terrier
[M0:0]
Posts: 3,887
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Post by crux on Apr 6, 2022 10:23:04 GMT 1
Administrator has now accepted a bid from Chris kirchner to buy club. Can't believe how long this has gone on for. Wonder if Morris is throwing the stadium in the deal as believe this was a sticking point. Apparently the deal with the administrators doesn't include the stadium. This will have to be negotiated separately, especially as it's a really, really expensive piece of real estate 😙😉🤣
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Post by ilsonterrier on Apr 6, 2022 12:57:12 GMT 1
Administrator has now accepted a bid from Chris kirchner to buy club. Can't believe how long this has gone on for. Wonder if Morris is throwing the stadium in the deal as believe this was a sticking point. Apparently the deal with the administrators doesn't include the stadium. This will have to be negotiated separately, especially as it's a really, really expensive piece of real estate 😙😉🤣 Worth about £80m apparently 😂. The Derby fans are now saying that it's not worth anything without the football so it can't be worth that much. Isn't that exactly what some of us were saying when this initial valuation was made 🤔
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Post by allan 1958 (OAF-WROY)(SSLFF) on Apr 6, 2022 15:09:40 GMT 1
Apparently the deal with the administrators doesn't include the stadium. This will have to be negotiated separately, especially as it's a really, really expensive piece of real estate 😙😉🤣 Worth about £80m apparently 😂. The Derby fans are now saying that it's not worth anything without the football so it can't be worth that much. Isn't that exactly what some of us were saying when this initial valuation was made 🤔 with recent property inflation, it cold be worth.......................... SFA.
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Post by orinoco on Apr 6, 2022 17:43:38 GMT 1
What will be will be, same when we were in that situation, it aint very nice as most on this forum will know.
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Post by detox on Apr 6, 2022 18:12:51 GMT 1
I presume the new owners have a signed deal to play in the stadium at a not too ridiculous annual fee...
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Post by yappledapple on Apr 9, 2022 12:13:29 GMT 1
Interesting Telegraph article about new financial model being looked at by the EFL for the Championship. May or may not affect us next season 😉...
Cost controls for 'Wild West' Championship finally in sight
Plans to cap expenditure at 70 per cent of revenue in line with Uefa model are looming along with reform to parachute payment system By Tom Morgan, SPORTS NEWS CORRESPONDENT 8 April 2022 • 4:19pm
English football is on track to announce its most radical overhaul of financial fair play rules this summer in a bid to finally curb "Wild West" overspending in the Championship.
The £39 million threshold for club losses over three years in the second tier is going to be replaced by cost controls similar to Uefa's new plan to keep expenditure within 70 per cent of revenue.
Talks are ongoing between the Premier League and English Football League, with both awaiting the Government's verdict on the Tracey Crouch review of regulation before making pledges.
EFL chiefs, however, appear more optimistic than ever that reform to the profit and sustainability system will also include major changes to the parachute payment system.
Rick Parry, chairman of the EFL, told Telegraph Sport: "We're totally committed to both - better regulation, but provided it goes hand in hand with a rethink on distribution."
Fulham and Bournemouth are the latest clubs poised to bounce back to the Premier League on the back of a current distribution system that puts them at a significant advantage to their rivals. The current model leaves the likes of Bristol City and Cardiff City racking up losses of £2m-plus a month merely to remain competitive in the division.
Photo by Matt Impey/Shutterstock (12885063m) Richard Gould the Bristol City Chief Executive, with members of the Bristol City Foundation Bristol City CEO Richard Gould and members of the Bristol City Foundation take part in EFL Week of Action at Ashton Gate CREDIT: Matt Impey/Shutterstock The urgent need for financial reform beneath the Premier League plays a key part in Crouch's backing of an independent regulator. Parry says the Government, in deciding on how to back a fairer model, must keep clubs' community involvement in mind. The Ashton Gate club has recently been a key partner for the league's "Week of Action" underlining their efforts to support community causes. The Telegraph was invited to watch Richard Gould, the chief executive, address students on a degree course that the club run in sports business and entrepreneurship.
Parry applauded the local efforts of clubs, as he added: "We say that is not just a footballing argument to change the model - it's a levelling up argument for Government. What the Week of Action reinforces is just how important all of our clubs are within their communities."
In January, City chief Gould had openly expressed fears of being forced into a points deduction next year as the transfer market collapse had made it impossible to offset losses. However, with Middlesbrough and Stoke also expected to face severe scrutiny without P&S reform, all clubs in the second tier have now handed over revised numbers to the EFL on the cost of the pandemic. In City's case, the figure is understood to be about £30m.
Parry hinted the EFL will now follow a similar path to those set by Uefa, who first introduced FFP in Europe in 2010. For those now in elite competitions, club’s total expenditure on transfers, wages and agent fees cannot exceed 70 per cent of its revenue. "We will be therefore refining in conjunction with the Premier League our own profit and sustainability rules, which don't work in the Championship because clearly clubs are neither profitable nor sustainable," Parry added
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Post by mrg on Jun 8, 2022 8:46:10 GMT 1
Derby going bye bye here i reckon. When a guy who ownes some software with 5m in the bank gets the opportunity to close a deal on your club, you know your in trouble. www.bbc.com/sport/football/61729900
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Post by Toxic Ted on Jun 8, 2022 9:12:08 GMT 1
Mel Morris could resolve everything today if he wanted.
Sadly, too many owners think they can run clubs into millions of pounds of debt whilst making sure not to lose a single penny themselves.
They leave behind a real mess that others need to fix whilst the fans see funds draining away or lose all assets to repay historic debt.
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Post by Mastercracker on Jun 8, 2022 9:26:33 GMT 1
Oh well
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