PistoldPete
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Posts
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PistoldPete got a reaction from Reggie Greenwood in Derby County Administration (with the slight possibility of Liquidation still there)
The fact they were still playing matches meant the players still had to be paid their wages. So the losses just grew with no revenue from crowds , corporate hospitality etc.
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PistoldPete got a reaction from Crewton in Derby County Administration (with the slight possibility of Liquidation still there)
The fact they were still playing matches meant the players still had to be paid their wages. So the losses just grew with no revenue from crowds , corporate hospitality etc.
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PistoldPete got a reaction from Carl Sagan in Derby County Administration (with the slight possibility of Liquidation still there)
Derby shut their ground for 15 months which cost them £20 million. To protect the NHS. They don’t owe the country anything.
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PistoldPete reacted to Crewton in Derby County Administration (with the slight possibility of Liquidation still there)
I don't know where you've been living, but I'm pretty sure I couldn't get in Pride Park for a competitive game between 12th March 2020 and 5th August 2021
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PistoldPete got a reaction from Carl Sagan in Derby County Administration (with the slight possibility of Liquidation still there)
They made a profit on transfer dealings I believe in 2020/1 . Probably didn’t think the stadium would be shut for 15 months. If jozwiak hadn’t got fouled in the penalty box against wendies we would be in league one already and We would have lost more than his transfer fee.
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PistoldPete got a reaction from Indy in Derby County Administration (with the slight possibility of Liquidation still there)
That statement was , like most EFL statements concerning Derby disingenuos (at best) in the extreme.
Deatls of the conditions are given in this article
https://www.sportspromedia.com/news/premier-league-efl-agree-rescue-package/
"Clubs in breach or suspected to be in breach of EFL regulations will not be able to access the loan facility and any club receiving a loan must maintain compliance with EFL regulations."
So as Derby were at the time in suspected breach, they were not eligible for that reason .. a detail the EFL conveniently omit to give in their press statement.
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PistoldPete got a reaction from Eatonram in Derby County Administration (with the slight possibility of Liquidation still there)
You believe wrong. We were denied the loan by the EFL because we were suspected of breaking the rules, including the stadium sale. In fact the IDC decided we had not broken that rule, but too late we were denied the loan anyway. Clubs in receipt of parachute money were already getting money from EPL so didn't need the loan. Derby weren't , and defintely needed the loan but were denied the loan by EFL as extra punishment for crimes we were later found not to have committed.
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PistoldPete got a reaction from r_wilcockson in Derby County Administration (with the slight possibility of Liquidation still there)
A fair outcome will be to pay what we can afford to pay to HMRc and then come out of administration under a new owner so that we can continue to pay HMRC going forward.
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PistoldPete got a reaction from Eatonram in Derby County Administration (with the slight possibility of Liquidation still there)
It isn't a question of it being the Government's fault necessarily, (although many do not agree with lockdowns at all). But where the Government demands that businesses close down in the wider interests of public health , it is reasonable to expect either compensation from the Government, or some considerable leeway given to tax liabilities for people and businesses that suffer the financial consequences of those closures.
Contrast this with Glasgow Rangers, who were wound up by HMRC due to unpaid tax. That wasnt due to the PAYE tax owing due to lost revenues during a pandemic but was due to massive amounts swerved due to dodgy Employee Benefit Trusts. HMRC rightly had no sympathy there. Derby's case is very different though.
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PistoldPete got a reaction from DCFC1388 in Derby County Administration (with the slight possibility of Liquidation still there)
You believe wrong. We were denied the loan by the EFL because we were suspected of breaking the rules, including the stadium sale. In fact the IDC decided we had not broken that rule, but too late we were denied the loan anyway. Clubs in receipt of parachute money were already getting money from EPL so didn't need the loan. Derby weren't , and defintely needed the loan but were denied the loan by EFL as extra punishment for crimes we were later found not to have committed.
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PistoldPete got a reaction from r_wilcockson in Derby County Administration (with the slight possibility of Liquidation still there)
Government owes Derby £20 million compo for lost revenue , Derby owes Government in tax so they are quits in my book .
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PistoldPete got a reaction from r_wilcockson in Derby County Administration (with the slight possibility of Liquidation still there)
You believe wrong. We were denied the loan by the EFL because we were suspected of breaking the rules, including the stadium sale. In fact the IDC decided we had not broken that rule, but too late we were denied the loan anyway. Clubs in receipt of parachute money were already getting money from EPL so didn't need the loan. Derby weren't , and defintely needed the loan but were denied the loan by EFL as extra punishment for crimes we were later found not to have committed.
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PistoldPete got a reaction from Rampage in Derby County Administration (with the slight possibility of Liquidation still there)
A fair outcome will be to pay what we can afford to pay to HMRc and then come out of administration under a new owner so that we can continue to pay HMRC going forward.
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PistoldPete got a reaction from Ramfambo in Derby County Administration (with the slight possibility of Liquidation still there)
You believe wrong. We were denied the loan by the EFL because we were suspected of breaking the rules, including the stadium sale. In fact the IDC decided we had not broken that rule, but too late we were denied the loan anyway. Clubs in receipt of parachute money were already getting money from EPL so didn't need the loan. Derby weren't , and defintely needed the loan but were denied the loan by EFL as extra punishment for crimes we were later found not to have committed.
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PistoldPete got a reaction from jono in Derby County Administration (with the slight possibility of Liquidation still there)
A fair outcome will be to pay what we can afford to pay to HMRc and then come out of administration under a new owner so that we can continue to pay HMRC going forward.
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PistoldPete got a reaction from jono in Derby County Administration (with the slight possibility of Liquidation still there)
You believe wrong. We were denied the loan by the EFL because we were suspected of breaking the rules, including the stadium sale. In fact the IDC decided we had not broken that rule, but too late we were denied the loan anyway. Clubs in receipt of parachute money were already getting money from EPL so didn't need the loan. Derby weren't , and defintely needed the loan but were denied the loan by EFL as extra punishment for crimes we were later found not to have committed.
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PistoldPete got a reaction from r_wilcockson in Derby County Administration (with the slight possibility of Liquidation still there)
It isn't a question of it being the Government's fault necessarily, (although many do not agree with lockdowns at all). But where the Government demands that businesses close down in the wider interests of public health , it is reasonable to expect either compensation from the Government, or some considerable leeway given to tax liabilities for people and businesses that suffer the financial consequences of those closures.
Contrast this with Glasgow Rangers, who were wound up by HMRC due to unpaid tax. That wasnt due to the PAYE tax owing due to lost revenues during a pandemic but was due to massive amounts swerved due to dodgy Employee Benefit Trusts. HMRC rightly had no sympathy there. Derby's case is very different though.
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PistoldPete got a reaction from Crewton in Derby County Administration (with the slight possibility of Liquidation still there)
Philip green extracted large sums from his businesses and then they went bust. Mel Morris put large sums into the rams , so the exact opposite.
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PistoldPete got a reaction from Crewton in Derby County Administration (with the slight possibility of Liquidation still there)
There is no comparison between Mel Morris and Philip green they are polar opposites
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PistoldPete got a reaction from Carl Sagan in November games moved for Sky
Thats a tough run of games without the curse of Sky to add to it.
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PistoldPete got a reaction from i-Ram in Derby County Administration (with the slight possibility of Liquidation still there)
Government owes Derby £20 million compo for lost revenue , Derby owes Government in tax so they are quits in my book .
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PistoldPete got a reaction from Ewe Ram in We are a seriously disliked team, and it bugs me
It is really very silly what other fans come up with. Blaming us for Keogh leading the players on a drunken rampage in Allestree, all Derbys fault of course despite us laying on taxis for the players to get home safely.
Blaming us for overspending.. when we spent half what Villa did on wages, and fraction of their net transfer spend. Our net transfer spend is about £25 million under Morris.. Villa's in the same period is about £300 million. Financial mismanagement by Derby, but not by Villa apparently.. because they got promoted and we didn't.
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PistoldPete got a reaction from Tamworthram in Derby County Administration (with the slight possibility of Liquidation still there)
Philip green extracted large sums from his businesses and then they went bust. Mel Morris put large sums into the rams , so the exact opposite.
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PistoldPete got a reaction from Tamworthram in Derby County Administration (with the slight possibility of Liquidation still there)
Eh? By overpaying players in wages , the club has also been very generous to Hmrc. Until COVID, when they ran out of money to pay the HMRC… along with many other businesses.