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SamUltraRam reacted to StarterForTen in Derby County Administration (with the slight possibility of Liquidation still there)
All EFL clubs that go through an insolvency event are required to work to a League-approved business plan for two years as a condition of the transfer/retention of their membership share (the so called 'Golden Share'). This inevitably will mean a restriction in the transfer market compared to others, but perhaps not an embargo as such.
And in any case I doubt that the club's rolling P+S limit will be reset, so new owners will be working to restricted head room for permitted losses in the short term.
And... if the Club is in League One next season, the financial controls are different in that division. The £2.5m salary cap proposal was thrown out last year, but I think current rules state that in L1, the salary cost management protocol limits player related expenditure to 60% to turnover. For Derby, that would likely be circa £10-12m per year.
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SamUltraRam got a reaction from r_wilcockson in Derby County Administration (with the slight possibility of Liquidation still there)
I'm sure Mel Morris said on Sunday that if it weren't for Covid, we wouldn't now be in administration - so worth a try
If it works & the other offences end in a net 12 point deduction in total then it gives us a chance
Especially if a few other clubs get punished too
Blackpool away on 30th April may be very important & just imagine if we end up playing the last game of the season at home to Cardiff in a similar situation to last season against Sheff Wed - with everything riding on it
Oh the emotions !!!!
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SamUltraRam reacted to CBRammette in Coleen Rooney
Seeing as this has turned into a Rooney love-in, as a female (love Friday Night Dinner) on here would like to express my huge thanks to Coleen Rooney, the couple's sons and wider family who must be supporting Wayne supporting what seems like the entire city of Derby and fans beyond. As a mum of just 2 boys I know how manic it was when my husband went away with work when they were younger and I cant imagine this is what they expected as a family when they came back from the States. Perhaps a slow wind- down from Wayne's playing career to a bit if coaching. This situation must be consuming them. Before anyone says it I know the wolf isnt exactly at the door, but that makes no difference they are a family like any other who cant be seeing their husband and dad very much this season. So thank you clan Rooney - I think our position would be so much worse if he wasnt here.
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SamUltraRam got a reaction from Miggins in Derby County Administration (with the slight possibility of Liquidation still there)
I think I love Rooney
It's now only coming out what he's had to deal with over the last 10 months
Also he admitted when asked, but with dignity, that he HAS been paying for some things himself
Respect
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SamUltraRam got a reaction from Andicis in Derby County Administration (with the slight possibility of Liquidation still there)
I think I love Rooney
It's now only coming out what he's had to deal with over the last 10 months
Also he admitted when asked, but with dignity, that he HAS been paying for some things himself
Respect
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SamUltraRam got a reaction from Alph in Derby County Administration (with the slight possibility of Liquidation still there)
I think I love Rooney
It's now only coming out what he's had to deal with over the last 10 months
Also he admitted when asked, but with dignity, that he HAS been paying for some things himself
Respect
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SamUltraRam got a reaction from Owen87ITK in Derby County Administration (with the slight possibility of Liquidation still there)
I think I love Rooney
It's now only coming out what he's had to deal with over the last 10 months
Also he admitted when asked, but with dignity, that he HAS been paying for some things himself
Respect
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SamUltraRam reacted to Gringo in Operation Fill the Ground v Swansea
is the Reading match a 24 pointer?
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SamUltraRam got a reaction from Papahet in Derby County Administration (with the slight possibility of Liquidation still there)
I think I love Rooney
It's now only coming out what he's had to deal with over the last 10 months
Also he admitted when asked, but with dignity, that he HAS been paying for some things himself
Respect
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SamUltraRam got a reaction from RadioactiveWaste in Derby County Administration (with the slight possibility of Liquidation still there)
I think I love Rooney
It's now only coming out what he's had to deal with over the last 10 months
Also he admitted when asked, but with dignity, that he HAS been paying for some things himself
Respect
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SamUltraRam reacted to RoyMac5 in Derby County Administration (with the slight possibility of Liquidation still there)
There's a documentary!!!
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SamUltraRam got a reaction from Zag zig in Derby County Administration (with the slight possibility of Liquidation still there)
In brief
The club has a viable future
Considerable interest in a takeover including from previous prospective buyers !!
Administrator was asked to assess us 3 weeks ago & it was finally MSD who asked us to go into administration
Mel Morris is owed lots of money but is prepared to write it off ?
We have some cash available but probably not enough to last 3 months. Further short term borrowing is possible
Every confidence that the club continues and the fixtures are fulfilled
Exact club debt is unknown but is in 10s of millions - new owners would not be liable for much of that
Intention is to bring club, stadium & training facilities back together
Intention is to get to January transfer window and no players leave, a new owner is in place & possibly acquire more players
Initial discussions with EFL were positive but possibility of further points deductions remain
EFL does NOT want DCFC to go out of business
The need to pay HMRC in full is not the case
Fans giving donations is not as important as selling more match tickets (probably why the ticket office has reopened)
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SamUltraRam got a reaction from Derby4Me in Derby County Administration (with the slight possibility of Liquidation still there)
In brief
The club has a viable future
Considerable interest in a takeover including from previous prospective buyers !!
Administrator was asked to assess us 3 weeks ago & it was finally MSD who asked us to go into administration
Mel Morris is owed lots of money but is prepared to write it off ?
We have some cash available but probably not enough to last 3 months. Further short term borrowing is possible
Every confidence that the club continues and the fixtures are fulfilled
Exact club debt is unknown but is in 10s of millions - new owners would not be liable for much of that
Intention is to bring club, stadium & training facilities back together
Intention is to get to January transfer window and no players leave, a new owner is in place & possibly acquire more players
Initial discussions with EFL were positive but possibility of further points deductions remain
EFL does NOT want DCFC to go out of business
The need to pay HMRC in full is not the case
Fans giving donations is not as important as selling more match tickets (probably why the ticket office has reopened)
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SamUltraRam got a reaction from RamontheMoor in Derby County Administration (with the slight possibility of Liquidation still there)
That's what was said.
They used the example where if someone is owed £50m but the assets were only £10m then they have to accept a smaller amount
Think they used Bolton as an example
They said even though HMRC have preferential status they are still likely to have to accept what is on offer based on the above
(think that was what was said anyway)
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SamUltraRam got a reaction from Ramarena in Derby County Administration (with the slight possibility of Liquidation still there)
What will Derby have left without the football club. The city has already lost the Assembly Rooms and the Council completely under utilises the Velodrome.
I'm afraid Rollerworld will be the cities biggest attraction ?
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SamUltraRam got a reaction from Foxy Ram in Derby County Administration (with the slight possibility of Liquidation still there)
That's what was said.
They used the example where if someone is owed £50m but the assets were only £10m then they have to accept a smaller amount
Think they used Bolton as an example
They said even though HMRC have preferential status they are still likely to have to accept what is on offer based on the above
(think that was what was said anyway)
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SamUltraRam got a reaction from Bald Eagle's Barmy Army in Derby County Administration (with the slight possibility of Liquidation still there)
In brief
The club has a viable future
Considerable interest in a takeover including from previous prospective buyers !!
Administrator was asked to assess us 3 weeks ago & it was finally MSD who asked us to go into administration
Mel Morris is owed lots of money but is prepared to write it off ?
We have some cash available but probably not enough to last 3 months. Further short term borrowing is possible
Every confidence that the club continues and the fixtures are fulfilled
Exact club debt is unknown but is in 10s of millions - new owners would not be liable for much of that
Intention is to bring club, stadium & training facilities back together
Intention is to get to January transfer window and no players leave, a new owner is in place & possibly acquire more players
Initial discussions with EFL were positive but possibility of further points deductions remain
EFL does NOT want DCFC to go out of business
The need to pay HMRC in full is not the case
Fans giving donations is not as important as selling more match tickets (probably why the ticket office has reopened)
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SamUltraRam got a reaction from RadioactiveWaste in Derby County Administration (with the slight possibility of Liquidation still there)
That's what was said.
They used the example where if someone is owed £50m but the assets were only £10m then they have to accept a smaller amount
Think they used Bolton as an example
They said even though HMRC have preferential status they are still likely to have to accept what is on offer based on the above
(think that was what was said anyway)
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SamUltraRam got a reaction from r_wilcockson in Derby County Administration (with the slight possibility of Liquidation still there)
That's what was said.
They used the example where if someone is owed £50m but the assets were only £10m then they have to accept a smaller amount
Think they used Bolton as an example
They said even though HMRC have preferential status they are still likely to have to accept what is on offer based on the above
(think that was what was said anyway)
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SamUltraRam got a reaction from ollycutts1982 in Derby County Administration (with the slight possibility of Liquidation still there)
In brief
The club has a viable future
Considerable interest in a takeover including from previous prospective buyers !!
Administrator was asked to assess us 3 weeks ago & it was finally MSD who asked us to go into administration
Mel Morris is owed lots of money but is prepared to write it off ?
We have some cash available but probably not enough to last 3 months. Further short term borrowing is possible
Every confidence that the club continues and the fixtures are fulfilled
Exact club debt is unknown but is in 10s of millions - new owners would not be liable for much of that
Intention is to bring club, stadium & training facilities back together
Intention is to get to January transfer window and no players leave, a new owner is in place & possibly acquire more players
Initial discussions with EFL were positive but possibility of further points deductions remain
EFL does NOT want DCFC to go out of business
The need to pay HMRC in full is not the case
Fans giving donations is not as important as selling more match tickets (probably why the ticket office has reopened)
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SamUltraRam got a reaction from Foxy Ram in Derby County Administration (with the slight possibility of Liquidation still there)
In brief
The club has a viable future
Considerable interest in a takeover including from previous prospective buyers !!
Administrator was asked to assess us 3 weeks ago & it was finally MSD who asked us to go into administration
Mel Morris is owed lots of money but is prepared to write it off ?
We have some cash available but probably not enough to last 3 months. Further short term borrowing is possible
Every confidence that the club continues and the fixtures are fulfilled
Exact club debt is unknown but is in 10s of millions - new owners would not be liable for much of that
Intention is to bring club, stadium & training facilities back together
Intention is to get to January transfer window and no players leave, a new owner is in place & possibly acquire more players
Initial discussions with EFL were positive but possibility of further points deductions remain
EFL does NOT want DCFC to go out of business
The need to pay HMRC in full is not the case
Fans giving donations is not as important as selling more match tickets (probably why the ticket office has reopened)
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SamUltraRam got a reaction from RamontheMoor in Derby County Administration (with the slight possibility of Liquidation still there)
In brief
The club has a viable future
Considerable interest in a takeover including from previous prospective buyers !!
Administrator was asked to assess us 3 weeks ago & it was finally MSD who asked us to go into administration
Mel Morris is owed lots of money but is prepared to write it off ?
We have some cash available but probably not enough to last 3 months. Further short term borrowing is possible
Every confidence that the club continues and the fixtures are fulfilled
Exact club debt is unknown but is in 10s of millions - new owners would not be liable for much of that
Intention is to bring club, stadium & training facilities back together
Intention is to get to January transfer window and no players leave, a new owner is in place & possibly acquire more players
Initial discussions with EFL were positive but possibility of further points deductions remain
EFL does NOT want DCFC to go out of business
The need to pay HMRC in full is not the case
Fans giving donations is not as important as selling more match tickets (probably why the ticket office has reopened)
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SamUltraRam got a reaction from RoyMac5 in Derby County Administration (with the slight possibility of Liquidation still there)
In brief
The club has a viable future
Considerable interest in a takeover including from previous prospective buyers !!
Administrator was asked to assess us 3 weeks ago & it was finally MSD who asked us to go into administration
Mel Morris is owed lots of money but is prepared to write it off ?
We have some cash available but probably not enough to last 3 months. Further short term borrowing is possible
Every confidence that the club continues and the fixtures are fulfilled
Exact club debt is unknown but is in 10s of millions - new owners would not be liable for much of that
Intention is to bring club, stadium & training facilities back together
Intention is to get to January transfer window and no players leave, a new owner is in place & possibly acquire more players
Initial discussions with EFL were positive but possibility of further points deductions remain
EFL does NOT want DCFC to go out of business
The need to pay HMRC in full is not the case
Fans giving donations is not as important as selling more match tickets (probably why the ticket office has reopened)
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SamUltraRam got a reaction from RoyMac5 in Derby County Administration (with the slight possibility of Liquidation still there)
But in 10 years, the Championship, or at least Leagues 1 & 2 will contain lots of Premiership owned feeder clubs/ B teams by then - unless something is done by the authorities
We could be the first of many professional clubs who cannot continue independently. The other option is the previously discussed Premier League 2 which could be a closed shop which we cannot get in to.
We must survive as Derby County !!
I'm sure the fans of Sunderland, Sheff Wed, Portsmouth, Bolton, Ipswich & Charlton all believe their clubs should be at Championship or even Premiership level