Carnero

I’m wondering, if as apparently stated by the club, we don’t fail P&S even with straight line amortisation, whether those restated accounts might actually form part of our sanction mitigation.
Rather than wait to see if part of their sanction is to make us restate them, preempt it and get them done anyway to show we didn’t gain any advantage in this time period doing what we did as we’d have been under the limit. It would prove our case that we genuinely thought it was a better way of accounting, rather than trying to gain any kind of unfair advantage, which is clearly why everyone assumes we did it.

I’m not quite sure why there is so much furore about this particular snippet today on social media, all of this has been known since the IDC decision.
It made comment to the club referencing Transfermarkt and it wasn’t the only way they calculated values, it’s not new news.

As if things couldn’t get any worse for embattled Club Derby County, in a week when they have lost a case against them for “nefarious accounting practises” and also a case where they cruelly sacked long-serving captain Richard Keogh after the poor bloke had the temerity to share a few drinks with some team mates because he was thirsty after a training session, police may now believe that Rams Club owners, fronted by evil tyrant Mel Morris (aka “Mad Mel”) may possibly be behind a whole series of unsolved crimes across the region. In an exclusive interview a top police source may have said that they have no evidence to unequivocally rule out the possibility that Morris, aided by Club Head of Finance, Stephen Pearce (aka the real “Psycho”) were not behind a growing list of horrific unsolved murders, rapes, and drug deaths;  “We can’t at this stage definitely say that they weren’t involved in some way in some of these things”. 
As well as a possible 75 point deduction, a massive fine, and relegation, Morris and Pearce may well be running the Club from behind bars next season. 
We haven’t contacted the Club to check any of the facts but if you have any evidence of Morris’s or Pearce’s involvement in any wrongdoing please don’t hesitate to contact any of the tabloid newspapers with your story. 

If the EFL are after retrospective action shoud it not be applied to 19/20 and not 20/21? Why should they be able to choose 20/21? Both seasons have finished.

Wolves are nothing but a great example of breaking the spirit of the competition (arguably far more than we're accused of) and gaining a competitive advantage through creative means.
This is a perfect example of something I mentioned the other day - people praise clubs who bend rules to their will & succeed, but paradoxically damn those who bend rules and fail. You're doing exactly that.
They created a closed market to purchase players well above the standard that were available to any other Championship club & to hire a manager who wouldn't have touched anyone else (hence going against the spirit of competition).
Sure they used some of their own youth players too, did things well on the pitch but you only need to look as far back as us under Lampard to see how 2-3 players well above the league average can drag the standard of others up with them - the difference is we paid fair value to loan these players, and their availability was not closed off to anyone but DCFC.
They signed these players for fees below market value, paid them a weekly wage also below market value and instead tied up any financial payments that would see them overstep the spending limits in promotion bonuses. After these bonuses were they handed out they would have broken the spending rules - ie 'cheated'.
Had they not been promoted they would just defer payments until such a time that they were, carry on bringing in players of a standard unavailable to anyone else and in essence pretty much guaranteed their promotion at some point.
None of the above are 'the right intentions', they're the complete opposite, but again... as long as they're successful with it people will turn a blind eye.
People really should have been up in arms about what they did, but seem too scared to complain about it lest they get labelled 'jealous' or 'bitter' that their club didn't think of it. It's ridiculous.

It's purely for accounting purposes, it's not saying we use websites to decide on fees for buying or selling players or anything.  The reason to use a website is to have a 3rd party opinion factored into the valuations, so it's not just a matter of the club plucking values out of the air to suit our own needs.  We had to demonstrate that our method is reliable and systematic, and cross-checking against a website is a reasonable idea IMO.  It's sort of the same principle as getting a 3rd party valuer in to value the stadium etc.  The bigger worry is that we didn't appear to document any of this process, not that the process involved a website.

This is why I don't understand the ability of the EFL to appeal the original decision
The EFL was the prosecution - Bringing about a case that we did something wrong
We were the defendant
The DC were the 'jury' in this case - And decided that we were 'innocent'
And then the prosecution were allowed to appeal the decision? Seems a bit bonkers to me

... plus the independant auditors... plus the auditors own regulatory body!

You are missing the fact that the EFL want to scapegoat Derby County .
 

Yep CKR & Bucko.
Oh, and Theo Robinson.

... plus the independant auditors... plus the auditors own regulatory body!

... plus the independant auditors... plus the auditors own regulatory body!

... plus the independant auditors... plus the auditors own regulatory body!

... plus the independant auditors... plus the auditors own regulatory body!

... plus the independant auditors... plus the auditors own regulatory body!

Because Mel has attempted to make Derby County successful at a time when FFP/P&S and parachute payments combine to make it incredibly difficult to achieve promotion. The reality of this division means that it drains the finances of ambitious clubs who get stuck in it.
Mel selected a strategy that he thought would work and went for it. I, and others,  have always been critical of that strategy, but that neither means I was right nor Mel was wrong. My ideas were never tested and Mels were within a whisker of working.
The problem now is that too many seasons in this division have drained Mel and the club and our attempts to overcome the ridiculous handicap of FFP have caught up with us, as they would have with Norwich, Leeds, Leicester, Watford and Wolves if they hadn't been promoted.
Let's not be too hard on Mel. He tried, he failed and now walks away 10s or maybe 100s of millions poorer. I believe that the same would have happened with any other owner had they failed to get promoted...and promotion requires lots of luck or parachute payments.

Everything is easy in hindsight. I’m sure every decision that has been made has been made with the best of intentions and the best interests of the club. It would be hard to conclude that many of those decisions have not turned out to be the best, but it’s easy to be wise after the event.
A lot of things that have gone wrong are also ‘sporting’ issues, which I refuse to blame the owner for. Backing your manager isn’t a crime. Bringing in managers with decent CVs and footballing pedigree isn’t a crime. There are plenty of examples of teams who underperform out there and it is rarely the owner’s fault. That’s the nature of football I’m afraid. Sometimes other teams are better than you. It happens.
I think a lot of negative things have happened all at once which has led to a lot of conflating of issues and 2+2 is equaling 5 in a lot of cases. But I’m not angry (I’m not even faux angry) - more than anything I’m just sad that it’s turned out this way and sad for Mel as well. 

Yes, but we’ve still managed to make one play off final and two play off semis since Mel took over.
Football is a game of incredibly fine margins. If Bryson had got on the end of that cross against Hull, we might have gone up in Mel’s first season. If Roos had caught the ball at Wembley, we might have gone up slightly later than planned.
As it happens, those things didn’t happen, and we’re left in 21st place and worried about our club’s future.
Mel has made some terrible mistakes, and his last act might well be to sell us to someone who destroys the club. His tenure has undoubtedly been a failure.
But if one or two tiny things had happened differently, he’d have been a club legend.
Such is football eh?

I almost think a complete reset would be good.
Start again from the bottom, with a fan owned membership in control, and we spend what we earn and not a penny more.
A club constitution that prevents any one party taking over, and if that means that our natural level is lower than now, so be it.
It would be our Derby, not the plaything of chancers and spivs. 
If we could grow organically and one day return to previous heights, great, but if not there's nothing wrong with lower league football, it's Derby I pay to watch, not the opposition.
I'm a dreamer though.

This isn’t law making or law giving. It’s politics pure and simple. Lobbyists, polarised mindsets, unspoken agendas from numerous sources of power and influence. I’d almost feel sorry for the lawyers but they are making a pile of dough from the fall out from every party so maybe not ! 
 
FFP is all about stoping an unfair advantage .. ummmm well DFC started in the championship, are still in the championship and the majority of parachute clubs continue their existence in the yo-yo world that is the lower half of the prem along with the odd enforced break down with the rest of us lads in the championship. Except perhaps Middlesbrough who seem to have spent an awful lot of money with limited results. 

this is tiresome in the extreme and is killing my love of this game.
 

There once was a man who used Bing
To search for just about anything
But it’s 2021
And he’s the only one
That doesn’t know Google’s a thing.

I assume the media reports are talking about the MSD loans that one of the holding companies took out so that the football club had enough cash to be able to operate during the pandemic.

I assume the media reports are talking about the MSD loans that one of the holding companies took out so that the football club had enough cash to be able to operate during the pandemic.

I assume the media reports are talking about the MSD loans that one of the holding companies took out so that the football club had enough cash to be able to operate during the pandemic.

You're wrong. If the numbers do come out as us failing 18/19, 19/20 , etc then I would expect new charges against us. However, my estimates suggest we'll be fine, and backed up by the 'noises' coming from the club.
16/17 is the period I'd be more concerned about (estimated £6m over the limit). But, with the EFL starting with 17/18, I can't see them going even further back.