Woodley Ram

it depends if you want boom and bust, the boom of Mel's spending was exciting but its not nice when it ends 

Yes they stabilised the club, the EFL would like them, they are a steady hand, I also liked Glick when he was here, he even knew how to say 'Darby' and not 'Deerby' when he left. I have fond memories of these guys.

Thats what I think as well, the only difference might be (because our losses are minor compared with some others) is that we owe money to commercial enterprises and they owe it to their owner so pay little back.
We did get hit hard without the support money and the fact we had a bigger fanbase, and I can see Mel's point about parachute payments and smaller clubs lossing less. However the issue we have is servicing the debt and that is down to Mel and DCFC. Less debt more operating income left.
The decision making is also flawed, Keogh was always going to win a court case and I think treated badly and they should have known quickly if Rush should be sacked or not. This also cost money.
I think Mel is a true fan but very head strong and at DCFC made a number of rash decisions

I wanted to start this thread to formally apologise to Wayne Rooney. I have been one of those who has criticised Rooney heavily and wanted him gone before all this mess came out, mainly during the horrible winless run last season. I now hold my hands up and admit I was wrong and badly so. Over the past few months, and particularly so during the last week, I am increadibly proud to have this man as manager of DCFC, even more so after today's press conference and that the dire state of the club is now revealed to us all. I now honestly think there is no better man to lead us through these dire times brought on by the IDIOT Mel. 
Once again, my apologies to Wayne, and thank you for staying on during this mess. Thanks for your honesty towards the fans. Thanks for your commitment. You made me proud to be a DCFC fan today. 
 
If you were a Rooney "out-er" and now wish to atone for your sins, let it all out!
 
COYR!
 

I just noticed this little mention and was gonna post too. Didn’t listen to everything today so didn’t know if I’d missed something, searched the forum and came up with nowt too.
So Sam Rush was oft painted as the villain of the piece. With Mel’s mask well and truly slipping and the fact they settled with Sam out of court, does that mean he wasn’t actually the problem?
After the events of 3 amigos, ‘the Americans’ were treated with a lot of scepticism throughout but did a good job all in all and Appleby always came across well. Wouldn’t mind him back involved at all.

Yes but my point was that administration either ends with a CVA and Derby County continue to exist with a new owner, or it ends without a CVA and Derby County ceases to exist, and we start again with a phoenix club
Ending without a CVA is considerably cheaper for a buyer...
 
I hope there are more - not because I wish this on any other team, but because the more EFL teams it happens to, the more it exposes what a joke the EFL and it's so called financial fair play rules are

This was taken from the Reading fans website 'hobnob anyone' . They talk about getting a 9 point deduction the same as the alleged one we will be getting for being £4m over. Birmingham received 7 points or being £13m over. Likewise Derby received a suspended 3 points for not paying wages for a couple of weeks yet Wednesday received 6 points suspended for a much greater offence    
I think the EFL need to be consistant in what they are giving out.
just a point here about our administration. It would seem that our losses are less than Readings and our income I would expect to be higher. Where we are dosnt make sense, if it does why are Reading not in the same place as us?

I think its something like £70m, I know its a big figure. Im sure that some will be 'written off' by the EFL due to Covid but cannot see how they only get 9 points. On the points scale it should be at least 12. I think ours is a £4m overspend so should be 4 points not 12 -3 suspended.
I would think there are others, Stoke had a massive overspend they are putting down to Covid. I think if everyones books were put down on a table and treated the same way there would be a few on negative points at the moment.    
The EFL needs to be consistent with their judgements. DCFC getting 3 points suspended for paying players two weeks late and the Owls getting 6 points suspended for not paying at all or at least months late dosnt compare.
If the EFL play the P&S rules with a straight bat we will not be on our own at the bottom.
 

I think its something like £70m, I know its a big figure. Im sure that some will be 'written off' by the EFL due to Covid but cannot see how they only get 9 points. On the points scale it should be at least 12. I think ours is a £4m overspend so should be 4 points not 12 -3 suspended.
I would think there are others, Stoke had a massive overspend they are putting down to Covid. I think if everyones books were put down on a table and treated the same way there would be a few on negative points at the moment.    
The EFL needs to be consistent with their judgements. DCFC getting 3 points suspended for paying players two weeks late and the Owls getting 6 points suspended for not paying at all or at least months late dosnt compare.
If the EFL play the P&S rules with a straight bat we will not be on our own at the bottom.
 

I think its something like £70m, I know its a big figure. Im sure that some will be 'written off' by the EFL due to Covid but cannot see how they only get 9 points. On the points scale it should be at least 12. I think ours is a £4m overspend so should be 4 points not 12 -3 suspended.
I would think there are others, Stoke had a massive overspend they are putting down to Covid. I think if everyones books were put down on a table and treated the same way there would be a few on negative points at the moment.    
The EFL needs to be consistent with their judgements. DCFC getting 3 points suspended for paying players two weeks late and the Owls getting 6 points suspended for not paying at all or at least months late dosnt compare.
If the EFL play the P&S rules with a straight bat we will not be on our own at the bottom.
 

I think its something like £70m, I know its a big figure. Im sure that some will be 'written off' by the EFL due to Covid but cannot see how they only get 9 points. On the points scale it should be at least 12. I think ours is a £4m overspend so should be 4 points not 12 -3 suspended.
I would think there are others, Stoke had a massive overspend they are putting down to Covid. I think if everyones books were put down on a table and treated the same way there would be a few on negative points at the moment.    
The EFL needs to be consistent with their judgements. DCFC getting 3 points suspended for paying players two weeks late and the Owls getting 6 points suspended for not paying at all or at least months late dosnt compare.
If the EFL play the P&S rules with a straight bat we will not be on our own at the bottom.
 

It's this year's I'm a Celebrity. It involves parachuting famous people into Derby County and slowly torturing them with increasingly unpleasant situations. 

3 helicopters you say, that would be the adminstrators junior staff bring the pens, paper and calculators in 

3 helicopters you say, that would be the adminstrators junior staff bring the pens, paper and calculators in 

Both teams could just stand there and not move - 0-0 to highlight a total farce 
then again - Derby county 45 - 45 Reading would leave us both with some serious leading goal scorers to sell ?

Im up for crowd funding but it would need to be run by someone of standing, lawyer, accountant etc. I would put £1,000 in.
Also I have a villa in Cyprus (where I am at the moment) If others could offer something I would put my villa up for 2 weeks holiday in a raffle (that would normaly cost £2k). if we could get others to donate things and have a giant raffle we might be able to get a sizable amount. some of the hotels and golf clubs could chip in?? 

Im up for crowd funding but it would need to be run by someone of standing, lawyer, accountant etc. I would put £1,000 in.
Also I have a villa in Cyprus (where I am at the moment) If others could offer something I would put my villa up for 2 weeks holiday in a raffle (that would normaly cost £2k). if we could get others to donate things and have a giant raffle we might be able to get a sizable amount. some of the hotels and golf clubs could chip in?? 

I think at the moment it would be worth appealing any points deductions, it might delay the inevitable but also it might bring the EFL to the table and reduce them.
I think Mel said we were £4m over FFP. Birmingham were £13m over and received 7 points I think (5 deducted), we could use that as part of the appeal for less points.
Also use Covid as a reason for administration as the loss of £20m meant we couldnt service our debt.
Mind you, if we didnt have a couple of years of mad spending we would not be in this position.  I dont dislike Mel, his heart was in the right place and they do say supporters shouldnt own the club. However he cannot take aim at what other clubs have or dont have, this is about DCFC and what he did and didnt do. I think Stephen Pearce is getting away lightly here, as an accountant he should have been the voice of reason. In the end we are were we are due to them.
 

£15m to £20m would be my guess too.
Not sure why people give such credence to 'journalists' like The Athletic, in the main they know very little more than the man on the street.

he quoted it as a single year, not sure whether we can read into that anything at all

I think at the moment it would be worth appealing any points deductions, it might delay the inevitable but also it might bring the EFL to the table and reduce them.
I think Mel said we were £4m over FFP. Birmingham were £13m over and received 7 points I think (5 deducted), we could use that as part of the appeal for less points.
Also use Covid as a reason for administration as the loss of £20m meant we couldnt service our debt.
Mind you, if we didnt have a couple of years of mad spending we would not be in this position.  I dont dislike Mel, his heart was in the right place and they do say supporters shouldnt own the club. However he cannot take aim at what other clubs have or dont have, this is about DCFC and what he did and didnt do. I think Stephen Pearce is getting away lightly here, as an accountant he should have been the voice of reason. In the end we are were we are due to them.
 

its a lot less than that, 23 players on £4,500 is about  £7m, some like Lawrence are on a lot more and then you have Rooney etc. I would say well under £20m, perhaps as low as £15m 

its a lot less than that, 23 players on £4,500 is about  £7m, some like Lawrence are on a lot more and then you have Rooney etc. I would say well under £20m, perhaps as low as £15m 

I tried not to use the administered word lol

I'm not sure I've got anything that's worth putting in a raffle (the owd gal ain't as fit as she used to be) but I'd put cash in if the fund was properly administered.