Jump to content

Indy

Member
  • Posts

    590
  • Joined

  • Last visited

Reputation Activity

  1. Clap
    Indy reacted to RandomAccessMemory in EFL Verdict   
    Because of the EFL case! Their case was that simply by filing the accounts with the amortisation method we used was breaking the rules, how could we file new accounts when we had no idea until the conclusion of this case whether we could or could not use that method?
  2. Clap
    Indy reacted to Dan_Ram in EFL Verdict   
    The problem is, the panels that decided the 100k fine were the same ones that cleared us in the first place. I assume if the EFL appeal, it will go back to the arbitration panel who were significantly more strict and said that we shouldn’t have been cleared in the first place. So a jump from a fine to points isn’t that unrealistic.
  3. Like
    Indy got a reaction from RadioactiveWaste in EFL Verdict   
    Interesting that the EFL omits the dates that the commission gave. We have until 18 August to submit accounts - after the start of the season. It would be absolute chaos if we submitted on 18 August, and the EFL then claimed we were in the wrong division having already played Championship fixtures. 
  4. Like
    Indy got a reaction from r_wilcockson in EFL Verdict   
    Interesting that the EFL omits the dates that the commission gave. We have until 18 August to submit accounts - after the start of the season. It would be absolute chaos if we submitted on 18 August, and the EFL then claimed we were in the wrong division having already played Championship fixtures. 
  5. Like
    Indy got a reaction from RandomAccessMemory in EFL Verdict   
    Interesting that the EFL omits the dates that the commission gave. We have until 18 August to submit accounts - after the start of the season. It would be absolute chaos if we submitted on 18 August, and the EFL then claimed we were in the wrong division having already played Championship fixtures. 
  6. Clap
    Indy reacted to CBRammette in EFL Verdict   
    Your phrase "Not that they need to bother as dragging this out effectively sends us down anyway " is totally spot on. They know we are not getting a points deduction now for these issues so paralysing us in terms of takeover and a squad rebuild is their way of making sure we get one anyway effectively and then going after another if refiled accounts mean we breach FFP. Ensuring we are weak next season so a, say, 12 point deduction would be something we cant get over on the pitch. Spiteful and petty
  7. Clap
    Indy reacted to Day in EFL Verdict   
    “The Club is disappointed that the EFL has not, as is usual, waited until after the publication of the Disciplinary Commission’s reasons nor agreed a statement with the Club and in addition has chosen to be selective about the Decision and present it in a form which omit key dates and details, which the Club has provided by way of clarity above.”
    This and the timing of their statement shows how truly vindictive the EFL are. Shocking.
  8. Clap
    Indy reacted to Day in Please don’t blame Morris and Pearce.   
    For an organisation to approve and sign off on accounts for 3 seasons, to then turn round and say hold up, you know how we approved those accounts? Yeah, we don’t anymore and decided we want to retrospectively punish you by relegating you. 
    Whatever your thoughts on Mel, the signings, appointments the colour of his shoes, this is just insanity, it honestly is and it’s vindictive insanity even taking club bias out.
    This case should worry every single owner, manager and fan of clubs under the shambolic EFL pyramid.
    Including that Championship club where the owner owns another club over in Greece, transferring players between each other to circumvent FFP restrictions without even trying to hide it and the EFL are blind to it.
    Our real crime here let’s be honest is being better than Middlesbrough one season, that’s the big issue here. 
    We’ve upset this little bloke up North sat in his half empty stadium so much he’s had his lawyers out to shake the EFL suits up.
    Then you have that Karen Maguire over on Twitter sticking his great big spoon into the mix as it gives him a hard on and appearances on rogue radio stations and podcasts.
    Absolute joke.
    Nobody from the EFL will read this, but if somehow you do, fine yourself, fine yourself for being an inept organisation and if you’re serious about looking out for the best interests of the member clubs, sell up, hand the leagues over as you have shown time after time you are incapable of running them, you’re an embarrassment.
    #FuckTheEFL
  9. Clap
    Indy reacted to BucksRam in EFL Verdict   
    Is there a precedent here for a retrospective relegation?  All I can recall is teams getting points deductions either in the season they're actually playing, or deferred to the start of the next season.  I don't recall ever getting to the point where a team is ready to kick-off the next season and then get retrospectively relegated. 
    I've said this before in that we've clearly played the game to try and get to the PL, as many team who don't get parachute payments do.  Constrained financially by restrictive rules.  But this whole episode smacks of a witch hunt by the EFL.   We've suffered so much already, with barely a team to start the season with.  And now this.  Will they ever let it go?  Absolutely doing my head in. 
  10. Like
    Indy got a reaction from r_wilcockson in EFL Verdict   
    My reading of this is that the EFL can appeal the punishment for the accounting practice - ie say that £100k fine should be a points deduction. 
     
    They could also expect to impose a punishment if the reworked accounts breach P&S rules - although I would guess DCFC would appeal (if there is a breach), arguing they would’ve acted differently on buying players etc in those five years had they known it would lead to a breach. 
     
    The lack of timescales is the big problem as the uncertainty prevents any business being done such as the takeover or buying players. 
  11. Like
    Indy got a reaction from RadioactiveWaste in EFL Verdict   
    My reading of this is that the EFL can appeal the punishment for the accounting practice - ie say that £100k fine should be a points deduction. 
     
    They could also expect to impose a punishment if the reworked accounts breach P&S rules - although I would guess DCFC would appeal (if there is a breach), arguing they would’ve acted differently on buying players etc in those five years had they known it would lead to a breach. 
     
    The lack of timescales is the big problem as the uncertainty prevents any business being done such as the takeover or buying players. 
  12. Clap
    Indy reacted to Gaspode in EFL Verdict   
    Still don’t get how:
    - EFL rules don’t state the method of amortisation to be used
    - we submit accounts using a legitimate accounting method which the EFL accept
    - we submit 2 more years accounts using the same method which the EFL accept
    - Keiran ‘finance expert in his own head’ Maguire tells the EFL that we’re doing something different to all the other teams
    -EFL charge us over multiple issues and lose
    - EFL appeal a small part of the charges and win but now threaten to relegate us if they decide to appeal again.
    Surely their appeal was only against the fact that we’d not been clear enough in telling the EFL accountants that we’d used a different accounting technique. The fact that the latest appeal has decided we should have been fined for the issue rather than given a good telling off doesn’t legitimately leave scope for a points deduction for last season - so relegation shouldn’t even be a consideration at this stage.
    This is a vindictive statement meant to cause as much trouble as possible - at a time when all clubs are in dire straits due to COVID. Appeals from either side simply drag out this farcical process and cause more damage - the EFL need to remember they have a duty to protect all clubs and not continue to attack us just because their chief exec is best mates with a nasty little man in a Middlesbrough - particularly when they have history of letting clubs with far larger FFP breaches off the hook……
  13. Like
    Indy reacted to Chester40 in EFL Verdict   
    It does have the feel of an ungracious, face-saving statement to me. 
    The real story is we have been fined 100k. EFL basically turning that around to saying they have won and we now need to fall in line, kiss the ring, grovel a bit and give them what they want...or else.. 
  14. Clap
    Indy reacted to EraniosSocks in EFL Verdict   
    I’m just.. 
     
    I am fed up with this poo 
  15. Clap
    Indy reacted to Norman in EFL Verdict   
    So, all we have to do is wait for Mr. Pearce to confirm to us fans at 9am, that we will be inside the allowed losses for that period. Surely, as a club, we already know the calculations. Hopefully the morning won't bring complete silence. 
    I would also state, if we do fall outside the permitted losses, we can argue we would have sold players to alleviate the losses. We are no longer in a position to change what happened years a go. Can't see this going anywhere to be honest. 
    Appeal after appeal coming up. 
  16. Like
    Indy reacted to JfR in EFL Verdict   
    Personally, I don't read that "interchangeable fixture list" section as being related to the resubmission of the accounts, but just that the EFL hope to have the punishment for the amortisation offence changed on appeal to a points deduction last season. Surely the commission can't issue a punishment for an offence that they don't even know to have been committed and if so to what extent, and I'm sure if this were the case the EFL would spell it out more clearly in the statement. If we do breach the overspend limits, I'd imagine that would constitute a different offence and would have to go through another disciplinary process.
  17. Clap
    Indy reacted to Stuniverse in EFL Verdict   
    The statement says “Both Derby County and the EFL have the right to appeal that sanction decision.” I don’t think Wycombe have any right to appeal.
  18. Clap
    Indy reacted to Anag Ram in Yankee Doodle Derby   
    Won't be long before Horton hears a boo. 
  19. Clap
    Indy reacted to Kennington Ram in RamsTV Subscription increased by EFL   
    The EFL will be absolutely shocked when tomorrow's kids don't give a monkeys and clubs start folding. A top four league in terms of attendance and they cannot imagine how to possibly capitalise on it.
    Every other form of digital entertainment has generally lowered the barriers to entry (gaming, TV, music) and then here are the geniuses at the EFL deciding the guys running Apple and Spotify don't know what they're up to.
  20. Clap
    Indy got a reaction from OohMartWright in Jozwiak   
    Fair point. But I think the quality of the whole forward line giving the defence something to deal with would mean the opposition can’t put two or three players on shutting the winger down. 
  21. Clap
    Indy got a reaction from Oldben in Jozwiak   
    Fair point. But I think the quality of the whole forward line giving the defence something to deal with would mean the opposition can’t put two or three players on shutting the winger down. 
  22. Clap
    Indy reacted to DCFC Kicks in Jozwiak   
    Is his end product really appalling? how can you judge it when he gets about one chance a game (if he's lucky) to have enough space to even attempt an end product. He spends about 80% of his time for Derby closer to our goal than the oppositions, and on the occasions he does have opportunities he has 3 opposition defenders around him with no supporting runs to create space for him.  
  23. Clap
    Indy reacted to Comrade 86 in Jozwiak   
    I've read some right nonsense about this lad on here and on Twatter and the like. IMO, he's a talented young lad and we're lucky to have him. Hopefully he can really kick on this season as it must have been a proper baptism of fire last year.
    It's often the case that young players coming from abroad take a season to settle in and I think with Bielik's injury, being stuck away from home under lockdown, playing in a side so short of confidence, not to mention reading some of the garbage spewed about him in the dark recesses of social media, it really can't have been easy. If we actually play with a bit of tempo this season, I can see him doing really well. His work ethic is superb and that earns him some credit with me irrespective.
  24. Clap
    Indy reacted to OohMartWright in EFL appeal   
    That's really the essence of the EFL's problem. Virtually everyone else uses the straight line method but, as you say, other methods can still comply with FRS102. The EFL could have, and should have, specified a method in the FFP rules so as to provide conformity when dealing with what are clearly large numbers. We didn't do it wrongly (per our auditors), just differently, but that was enough for Gibson to perceive it as cheating and pressure the EFL to take action against us.
  25. Clap
    Indy reacted to Reggie Greenwood in EFL appeal   
    Don’t see why we should take any points deduction. Fine is quite enough for a “technical “ guilty verdict passed by a panel with no accountants after a not guilty verdict from a panel that includes accountants. 
×
×
  • Create New...