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Abu Dhabi Ram

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Posts posted by Abu Dhabi Ram

  1. 8 minutes ago, Ghost of Clough said:

    I'm reluctant to call any club 'cheats' without official confirmation on how they cheated. So far no charge for Villa and no punishment for their heavy spending.

    But is that because they got promoted? Our position would be very different if we had beaten them in the final. 

    Darn, this is what Boro are doing to us, leave it out, we need to take the moral high ground on this otherwise it will never end.

     

  2. 18 minutes ago, Ghost of Clough said:

    Someone can use this as a starting point if they want...

    Timeline of events, beginning with the introduction of financial regulation in the Championship.

    1.       2012 - FFP Rules (monitored over 1 season) implemented

    2.       24/05/14 - Derby lose to FFP cheats QPR in the Playoff Final

    3.       November 2014 – P&S rules (monitored over 3 seasons) voted in to replace FFP rules for the 16/17 season onwards.

    4.       Summer 2015 – Derby change amortisation policy for the 15/16 season (after discussing the change with the auditors)

    5.       07/04/17 – 15/16 accounts are submitted to Companies House

    6.       06/04/18 – 16/17 accounts are submitted to Companies House

    7.       Spring 2018 –2016-18 P&S information submitted to EFL (within limits)

    8.       12/04/18 – Revised 2016-18 P&S information submitted to EFL due to differences between FFP and P&S calculations (£5m over the limit)

    9.       04/05/18 – DCFC placed under embargo

    10.   May 2018 – Stadium valued at £81.1m (profits basis) and £74.4m (DRC basis) by JLL

    11.   June 2018 – Discussions with EFL to agree on stadium sale and how much to be included in the accounts)

    12.   28/06/18 – Stadium sold for £81m. Revised 2016-18 P&S information submitted to EFL (within limits)

    13.   03/07/18 – Embargo lifted

    14.   04/07/18 – EFL confirmation that DCFC met their P&S requirements for the 3 year period to 2018.

    15.   15/02/19 – EFL Executive confirmation that £81.1m was fair value for the stadium.

    16.   06/03/19 – placed under embargo for late submission of P&S statements

    17.   29/03/19 – 2019 P&S statements submitted to EFL (within limits) and embargo lifted. New embargo placed on club due to being close to the limit.

    18.   05/04/19 – 17/18 accounts are submitted to Companies House

    19.   April 2019 - MFC queried, “in forceful terms”, the legitimacy of such a sale and leaseback arrangement

    20.   15/04/19 – EFL query why amortization fluctuates so much between seasons.

    21.   13/05/19 – Meeting between DCFC and EFL to discuss amortization, EFL stated “it is an acceptable accounting policy” with the EFL stating large future impairments are a risk for the club to take on

    22.   24/05/19 – MFC submitted a claim against Derby, stating we cheated P&S by selling the stadium for too much and it wasn’t arms length.

    23.   09/07/19 – MFC claim PPS should have been sold at a fair value of £22.8m

    24.   11/07/19 – Embargo lifted

    25.   30/07/19 – MFC officially threatened the EFL and DCFC with proceedings unless the EFL initiated disciplinary action against DCFC

    26.   06/09/19 – MFC servered notice of arbitration to get profits from stadium sales excluded from P&S calculations (including those in the past)

    27.   02/12/19 – EFL hired expert valued stadium at £42-50m. Expert had not visited the stadium but deemed the facilities to be “bog standard” and drew comparisons to Morecombe’s 6476 stadium with 3 terraced stands.

    28.   16/01/20 – Derby charged with selling the stadium above it’s true value and for using improper amortization policy, resulting in exceeding P&S limits in the 3 years to 2018

    29.   Early 2020 – Derby placed under embargo

    30.   25/08/20 – DC cleared of overvaluing the stadium, found guilty for 1 of 5 particulars relating to the amortisation policy (not worded it adequately in the accounts), but insisted the policy was compliant with FRS102. DC panel consisted of accountants

    31.   07/09/20 – EFL appealed against the DC decision

    32.   07/09/20 – Boro started an arbitration against Derby and the EFL, in particular regarding the stadium valuation which allowed us to sign Waghorn

    33.   22/10/20 – Boro’s application rejected

    34.   30/11/20 – De novo hearing held and dismissed (EFL wanting draft 18/19 accounts submitted after DC decision to be considered)

    35.   15/12/20 – EFL application for new evidence to be considered (18/19 draft accounts), dismissed 22/01/21

    36.   July 2021 – LAP decision resulting in a restatement of 15/16 accounts onwards with a compliant amortization policy and a £100k fine. LAP did not consist of any accountants.

    37.   22/09/21 – Derby enter administration

    38.   16/11/21 – Administrators agree 9-point deduction due to EFL’s claim of a P&S overspend, a result of the EFL rejecting our new amortisation policy

     

    Other noteworthy events:

    EFL stated as wanting the points deduction against Derby to be applied in 20/21 to cause maximum punishment (relegation) when the season had already concluded.

    Embargoes: 04/05/18-03/07/18, 06/03/19-11/07/19, early 2020-present

    This is great! Didn’t we lose to FFP ‘cheats’ Villa in a play off final too? We took no action against them. 

  3. I really hate what football has become. All that time and effort and we lose our best players for peanuts. 
     

    Delap, Gordon? Even before this, the system has been stacked against us. 
     

    Hopefully Sibley turns them down if it gets accepted. 
     

  4. 7 minutes ago, Ramtastic ones said:

    Just mailed this to talksport.

     

    Talk sport team

     

    What are your views on Boro and Wycombe suing Derby for loss of revenue and the efl's stance in blocking a deal until this is resolved?

     

    What do you think to the president that Boro and Wycombe's stance sets for future seasons and if you think suing Derby is justified should Derby sue villa and QPR who breached FFP in the seasons they beat Derby in the play off final, thus levelling the playing field?

     

    I’m going to borrow this if you don’t mind! 

  5. 6 minutes ago, NottsRammy said:

    Just emailed talksport and i suggest all fans now act and bring this to a head with national newspapers . 

     

    news@talksport.co.uk 

    I have mentioned how do we have a middleboro man on the panel judging us via the EFL AND WHY ARE WE BEING PUNISHED AND NOT the EFL who should have punished Derby in the correct year . 

     

    This… I think the hour is later than we think. We need to flood social media, MP’s, anyone with influence to highlight this corruption. If everyone does this, we will raise the profile. 
     

     

  6. I Cancelled mine too, but I think many factors add up to my decision. 

    I really like the concept and the quality of RTV, but so many games are taken for sky, or even other international broadcasters, that the price really isn’t worth it for two games a month. 

    Furthermore, the Saturday 3pm kick offs are at 7pm at night here(the weekends are Friday and Saturday).  The midweek games are therefore 11:45pm kick offs. Sunday lunchtime ko I can’t watch as I am still at work. Last season watching Derby left me angry frustrated and tired, was it worth it at these times?  Not really! 

    Finally, my dwindling enthusiasm for DCFC, I blame this on both the club and that vindictive organization called the EFL. It is just not enjoyable at the moment as the football is a sideshow to the politics. 
     


     

     

  7. The fact these clubs want to sue us actually illustrates what a morally incompetent, corrupt bunch of idiots reside with the EFL. 
     

    Furthermore I have never had such little interest in football in general as there is no fair playing field for any team. We are only guilty of trying to compete in an unfair system. We should now sue the Premier League for forcing us into this position. 

  8. 1 minute ago, RoyMac5 said:

    ? I have not hated every previous manager - how long have you been a fan 3 or 4 years?!

    Mac1 & Mac2 particularly in recent memory.

     

    30, but the forum hasn’t gone on that long ?

  9. 9 hours ago, SecretDave said:

    How I'd love GSE to return. They did run the club efficiently. Better than the potential owners we're linked with now. 

    I would argue we would be in the prem too as we were improving and building something great. Unfortunately impatience got the better of some and had undone all that great work. 

  10.  

    2 hours ago, CornwallRam said:

    You've pretty much reinforced my points.

    The more minutes the youngsters play, the worse our league position gets.

    Our embargo and poor P&S position are the result of spending too many season in this division. That is, I believe, a direct result of Mel's focus on the academy - managers have been given restrictive instructions. Promotion is the only path to sustainability, and an overly expensive academy makes that less likely.  

    Lowe was not good enough to be first choice left back - he was developing, but his first team appearances were the result of Mel's policy, not the merits of his performances. Just before he left us he had developed to be a decent back up, but then was sold at exactly the point where he could have been a help to the first team. Bogle had a superb first season and a patchy second, but as is inevitable, he had to go to provide cash flow. These sales are bound to happen and ensure that the first team never sees any actual benefit from the academy. By the time the players are good enough, they have to be sold. The process of making them good enough weakens the first team.

    I would argue that Bennett was not worth any game time. He was a squad place blocker preventing a more able striker from coming in. Had (eg) Lee Gregory started at Wembley, we might have seen a different game. It is those fine margins which make the overly large academy a strategic error for a club needing promotion.

    What utter rubbish. Our Academy is our only bright light. 

    You do remember we blew crazy money for a championship club on signing average, or below par players? Bennett being a squad blocker is a joke statement. We signed Nick Blackman to play upfront, we signed Anya, spent 4million on Butterfield, 6 million on Johnson, Plus many more, oh and they didn’t even leave for a profit. I think you would also find that with the except of Vydra, the only players sold for a good profit come from the academy. 
     

    We would be screwed without our academy. We should look very closely at our recruitment strategy though. 

  11. 39 minutes ago, RoyMac5 said:

    I'm glad I've not listened, from these resumes he sounds a bit of an idiot and a total arse.

    Edit: similar to some now, I can see where the 'he's not the best trainer' rumours came from!

    You probably should listen, it’s a great interview and while he does seem a tad arrogant, it gives a fascinating insight into our club. 

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