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cheron85

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  1. Clap
    cheron85 got a reaction from Will the Ram in EFL charge Derby over ffp   
    Just a quick thought here - FFP was supposed to protect clubs from being exposed by renegade owners spending loads and leaving the club in rotten debts before doing a runner with none of the liability falling on them
    We have an owner who is prepared to take on MORE financial liability (ie, buying the ground and leasing back to us) and continually complains he can't put more of his own money in - And the EFL are going out of their way by (it seems) questioning decisions they ratified previously 
    In the same season Bolton nearly drop out of the football league and Bury actually do - Both clubs which (as far as I'm aware) complied with FFP regulations
    Doesn't that seem a bit odd?
    I mean people keep talking about us 'breaching the spirit of FFP' with the ground sale - But the rule was to try and stop teams going bankrupt because of what owners had done - Which the EFL have singularly failed to do for Bolton and Bury - And they want to punish Morris for making himself more liable, which seems to me to be the very spirit of FFP
  2. Haha
    cheron85 got a reaction from LazloW in Marcus Maddison-signed for Hull on loan   
    You are a grumpy gronkle aren't you grumbleram?
    Here - Watch this video of baby pandas to cheer yourself up:
     
  3. Like
    cheron85 got a reaction from Dimmu in EFL charge Derby over ffp   
    Just a quick thought here - FFP was supposed to protect clubs from being exposed by renegade owners spending loads and leaving the club in rotten debts before doing a runner with none of the liability falling on them
    We have an owner who is prepared to take on MORE financial liability (ie, buying the ground and leasing back to us) and continually complains he can't put more of his own money in - And the EFL are going out of their way by (it seems) questioning decisions they ratified previously 
    In the same season Bolton nearly drop out of the football league and Bury actually do - Both clubs which (as far as I'm aware) complied with FFP regulations
    Doesn't that seem a bit odd?
    I mean people keep talking about us 'breaching the spirit of FFP' with the ground sale - But the rule was to try and stop teams going bankrupt because of what owners had done - Which the EFL have singularly failed to do for Bolton and Bury - And they want to punish Morris for making himself more liable, which seems to me to be the very spirit of FFP
  4. Clap
    cheron85 got a reaction from jono in EFL charge Derby over ffp   
    I still reckon this is a political move - Rumours are Gibson still has an open case against the EFL about their decision to approve our ground sale - If they charge us with a breach and it goes to an independent panel then the EFL have a strong defence in their case against Gibson
  5. Clap
    cheron85 got a reaction from Reg Matthew's Cap in Marcus Maddison-signed for Hull on loan   
    You are a grumpy gronkle aren't you grumbleram?
    Here - Watch this video of baby pandas to cheer yourself up:
     
  6. Haha
    cheron85 reacted to Millenniumram in Marcus Maddison-signed for Hull on loan   
    No, haven’t you seen from my posts on here that I’m not a fan of all things black and white👀
  7. Like
    cheron85 got a reaction from Alpha in EFL charge Derby over ffp   
    Just a quick thought here - FFP was supposed to protect clubs from being exposed by renegade owners spending loads and leaving the club in rotten debts before doing a runner with none of the liability falling on them
    We have an owner who is prepared to take on MORE financial liability (ie, buying the ground and leasing back to us) and continually complains he can't put more of his own money in - And the EFL are going out of their way by (it seems) questioning decisions they ratified previously 
    In the same season Bolton nearly drop out of the football league and Bury actually do - Both clubs which (as far as I'm aware) complied with FFP regulations
    Doesn't that seem a bit odd?
    I mean people keep talking about us 'breaching the spirit of FFP' with the ground sale - But the rule was to try and stop teams going bankrupt because of what owners had done - Which the EFL have singularly failed to do for Bolton and Bury - And they want to punish Morris for making himself more liable, which seems to me to be the very spirit of FFP
  8. Like
    cheron85 got a reaction from Steve How Hard? in EFL charge Derby over ffp   
    This is bonkers... Looking at the numbers the Guardian are quoting
    £14.7m loss in 15-16
    £8m loss in 16-17
    £25.3m loss in 17-18
    Total 3 year loss of £48m (ie, £9m above FFP rules)
    Ground Sale @ £80m - Profits listed as £39m - ie, the asset value was £41m as listed on ALL previous approved accounts for the last 10 years 
    So we're claiming the ground has increased in value by £39m since 10 years ago - However all we need to hit FFP is an increase in value of £10m - (ie, asset sale value of £51m)
    Just saying - If that pile of rubble and wood which is Hillsborough is worth £60m then PP is worth at least that
  9. Like
    cheron85 got a reaction from 86 Schmokes & a Pancake in EFL charge Derby over ffp   
    This is bonkers... Looking at the numbers the Guardian are quoting
    £14.7m loss in 15-16
    £8m loss in 16-17
    £25.3m loss in 17-18
    Total 3 year loss of £48m (ie, £9m above FFP rules)
    Ground Sale @ £80m - Profits listed as £39m - ie, the asset value was £41m as listed on ALL previous approved accounts for the last 10 years 
    So we're claiming the ground has increased in value by £39m since 10 years ago - However all we need to hit FFP is an increase in value of £10m - (ie, asset sale value of £51m)
    Just saying - If that pile of rubble and wood which is Hillsborough is worth £60m then PP is worth at least that
  10. COYR
    cheron85 got a reaction from Boycie in Marcus Maddison-signed for Hull on loan   
    You are a grumpy gronkle aren't you grumbleram?
    Here - Watch this video of baby pandas to cheer yourself up:
     
  11. Haha
    cheron85 got a reaction from Jourdan in Marcus Maddison-signed for Hull on loan   
    You are a grumpy gronkle aren't you grumbleram?
    Here - Watch this video of baby pandas to cheer yourself up:
     
  12. Like
    cheron85 got a reaction from MikeS in EFL charge Derby over ffp   
    Just a quick thought here - FFP was supposed to protect clubs from being exposed by renegade owners spending loads and leaving the club in rotten debts before doing a runner with none of the liability falling on them
    We have an owner who is prepared to take on MORE financial liability (ie, buying the ground and leasing back to us) and continually complains he can't put more of his own money in - And the EFL are going out of their way by (it seems) questioning decisions they ratified previously 
    In the same season Bolton nearly drop out of the football league and Bury actually do - Both clubs which (as far as I'm aware) complied with FFP regulations
    Doesn't that seem a bit odd?
    I mean people keep talking about us 'breaching the spirit of FFP' with the ground sale - But the rule was to try and stop teams going bankrupt because of what owners had done - Which the EFL have singularly failed to do for Bolton and Bury - And they want to punish Morris for making himself more liable, which seems to me to be the very spirit of FFP
  13. Clap
    cheron85 got a reaction from NottsRam77 in EFL charge Derby over ffp   
    Just a quick thought here - FFP was supposed to protect clubs from being exposed by renegade owners spending loads and leaving the club in rotten debts before doing a runner with none of the liability falling on them
    We have an owner who is prepared to take on MORE financial liability (ie, buying the ground and leasing back to us) and continually complains he can't put more of his own money in - And the EFL are going out of their way by (it seems) questioning decisions they ratified previously 
    In the same season Bolton nearly drop out of the football league and Bury actually do - Both clubs which (as far as I'm aware) complied with FFP regulations
    Doesn't that seem a bit odd?
    I mean people keep talking about us 'breaching the spirit of FFP' with the ground sale - But the rule was to try and stop teams going bankrupt because of what owners had done - Which the EFL have singularly failed to do for Bolton and Bury - And they want to punish Morris for making himself more liable, which seems to me to be the very spirit of FFP
  14. Like
    cheron85 got a reaction from BPV in EFL charge Derby over ffp   
    Just a quick thought here - FFP was supposed to protect clubs from being exposed by renegade owners spending loads and leaving the club in rotten debts before doing a runner with none of the liability falling on them
    We have an owner who is prepared to take on MORE financial liability (ie, buying the ground and leasing back to us) and continually complains he can't put more of his own money in - And the EFL are going out of their way by (it seems) questioning decisions they ratified previously 
    In the same season Bolton nearly drop out of the football league and Bury actually do - Both clubs which (as far as I'm aware) complied with FFP regulations
    Doesn't that seem a bit odd?
    I mean people keep talking about us 'breaching the spirit of FFP' with the ground sale - But the rule was to try and stop teams going bankrupt because of what owners had done - Which the EFL have singularly failed to do for Bolton and Bury - And they want to punish Morris for making himself more liable, which seems to me to be the very spirit of FFP
  15. Like
    cheron85 got a reaction from David Graham Brown in EFL charge Derby over ffp   
    Just a quick thought here - FFP was supposed to protect clubs from being exposed by renegade owners spending loads and leaving the club in rotten debts before doing a runner with none of the liability falling on them
    We have an owner who is prepared to take on MORE financial liability (ie, buying the ground and leasing back to us) and continually complains he can't put more of his own money in - And the EFL are going out of their way by (it seems) questioning decisions they ratified previously 
    In the same season Bolton nearly drop out of the football league and Bury actually do - Both clubs which (as far as I'm aware) complied with FFP regulations
    Doesn't that seem a bit odd?
    I mean people keep talking about us 'breaching the spirit of FFP' with the ground sale - But the rule was to try and stop teams going bankrupt because of what owners had done - Which the EFL have singularly failed to do for Bolton and Bury - And they want to punish Morris for making himself more liable, which seems to me to be the very spirit of FFP
  16. Clap
    cheron85 got a reaction from ariotofmyown in EFL charge Derby over ffp   
    Just a quick thought here - FFP was supposed to protect clubs from being exposed by renegade owners spending loads and leaving the club in rotten debts before doing a runner with none of the liability falling on them
    We have an owner who is prepared to take on MORE financial liability (ie, buying the ground and leasing back to us) and continually complains he can't put more of his own money in - And the EFL are going out of their way by (it seems) questioning decisions they ratified previously 
    In the same season Bolton nearly drop out of the football league and Bury actually do - Both clubs which (as far as I'm aware) complied with FFP regulations
    Doesn't that seem a bit odd?
    I mean people keep talking about us 'breaching the spirit of FFP' with the ground sale - But the rule was to try and stop teams going bankrupt because of what owners had done - Which the EFL have singularly failed to do for Bolton and Bury - And they want to punish Morris for making himself more liable, which seems to me to be the very spirit of FFP
  17. Like
    cheron85 got a reaction from RadioactiveWaste in EFL charge Derby over ffp   
    Just a quick thought here - FFP was supposed to protect clubs from being exposed by renegade owners spending loads and leaving the club in rotten debts before doing a runner with none of the liability falling on them
    We have an owner who is prepared to take on MORE financial liability (ie, buying the ground and leasing back to us) and continually complains he can't put more of his own money in - And the EFL are going out of their way by (it seems) questioning decisions they ratified previously 
    In the same season Bolton nearly drop out of the football league and Bury actually do - Both clubs which (as far as I'm aware) complied with FFP regulations
    Doesn't that seem a bit odd?
    I mean people keep talking about us 'breaching the spirit of FFP' with the ground sale - But the rule was to try and stop teams going bankrupt because of what owners had done - Which the EFL have singularly failed to do for Bolton and Bury - And they want to punish Morris for making himself more liable, which seems to me to be the very spirit of FFP
  18. Like
    cheron85 got a reaction from Carnero in EFL charge Derby over ffp   
    Except they have to have done by proxy - Over a 3 year period our recorded losses were £8m (ish) - According to the accounts which were submitted
    If I were working at Derby right now I'd be on the phone to HMRC to see what they say about this - The EFL is merely the governing body that runs our sport - I don't see how they have the authority to judge whether legally required and judged accounts are legitimate or not
  19. Haha
    cheron85 got a reaction from Carnero in EFL charge Derby over ffp   
    If the EFL claim the ground is worth less than £50m then I'm going to sue them for de-valuing my season ticket seat
  20. Like
    cheron85 got a reaction from Will Hughes Hair in EFL charge Derby over ffp   
    I still reckon this is a political move - Rumours are Gibson still has an open case against the EFL about their decision to approve our ground sale - If they charge us with a breach and it goes to an independent panel then the EFL have a strong defence in their case against Gibson
  21. Like
    cheron85 got a reaction from Andicis in EFL charge Derby over ffp   
    This is bonkers... Looking at the numbers the Guardian are quoting
    £14.7m loss in 15-16
    £8m loss in 16-17
    £25.3m loss in 17-18
    Total 3 year loss of £48m (ie, £9m above FFP rules)
    Ground Sale @ £80m - Profits listed as £39m - ie, the asset value was £41m as listed on ALL previous approved accounts for the last 10 years 
    So we're claiming the ground has increased in value by £39m since 10 years ago - However all we need to hit FFP is an increase in value of £10m - (ie, asset sale value of £51m)
    Just saying - If that pile of rubble and wood which is Hillsborough is worth £60m then PP is worth at least that
  22. Like
    cheron85 reacted to Carnero in EFL charge Derby over ffp   
    Agreed.
    If ultimately found guilty then the 3 years to 2017/18 breach will be relatively minor if The Times are correct that the EFL value of th ground is £49m.
    Slap on the wrist at most.
    However the issue is bigger than just whether we have breached in the 3 years to 17/18 as a £30m difference in asset value has a massive effect on the future P&S/FFP calculations ie the 3 years to 18/19 & 19/20.
  23. Like
    cheron85 got a reaction from angieram in EFL charge Derby over ffp   
    This is bonkers... Looking at the numbers the Guardian are quoting
    £14.7m loss in 15-16
    £8m loss in 16-17
    £25.3m loss in 17-18
    Total 3 year loss of £48m (ie, £9m above FFP rules)
    Ground Sale @ £80m - Profits listed as £39m - ie, the asset value was £41m as listed on ALL previous approved accounts for the last 10 years 
    So we're claiming the ground has increased in value by £39m since 10 years ago - However all we need to hit FFP is an increase in value of £10m - (ie, asset sale value of £51m)
    Just saying - If that pile of rubble and wood which is Hillsborough is worth £60m then PP is worth at least that
  24. Like
    cheron85 got a reaction from Carnero in EFL charge Derby over ffp   
    This is bonkers... Looking at the numbers the Guardian are quoting
    £14.7m loss in 15-16
    £8m loss in 16-17
    £25.3m loss in 17-18
    Total 3 year loss of £48m (ie, £9m above FFP rules)
    Ground Sale @ £80m - Profits listed as £39m - ie, the asset value was £41m as listed on ALL previous approved accounts for the last 10 years 
    So we're claiming the ground has increased in value by £39m since 10 years ago - However all we need to hit FFP is an increase in value of £10m - (ie, asset sale value of £51m)
    Just saying - If that pile of rubble and wood which is Hillsborough is worth £60m then PP is worth at least that
  25. Like
    cheron85 got a reaction from Ghost of Clough in EFL charge Derby over ffp   
    I still reckon this is a political move - Rumours are Gibson still has an open case against the EFL about their decision to approve our ground sale - If they charge us with a breach and it goes to an independent panel then the EFL have a strong defence in their case against Gibson
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