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1 minute ago, Ramslad1992 said:

I honestly didn’t see the issue with spygate... again there was no rule against it... frowned upon yes but not against the rules per-say.

nope there is a rule which they broke and got fined

 

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25 minutes ago, Millenniumram said:

We’ve sold major players each of the past 3 seasons and haven’t recorded a net transfer loss since 2015.

Maybe not, but you appear to have created a paper profit by selling your ground to a connected party, to avoid breaching FFP accepted level of overall losses.

Which (to cover another post) I don’t believe Bristol City have done, though the stadium is owned in one company and rented to the football company, in the same way you now do.

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2 minutes ago, Leveller said:

Maybe not, but you appear to have created a paper profit by selling your ground to a connected party, to avoid breaching FFP accepted level of overall losses.

Which (to cover another post) I don’t believe Bristol City have done, though the stadium is owned in one company and rented to the football company, in the same way you now do.

exactly.  You don't own your ground but we did and you have the cheek to say it was dodgy.  When you live in a glass house don't throw stones

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2 hours ago, Leveller said:

It’s not the nature of the transaction (stadium sale to a connected party) that is in question; its the highly dubious hike in value and extremely handy profit that has been thus manufactured. Other clubs like Boro and Bristol City have sold major players to keep within the FFP rules, while Derby and Villa seem to be allowed to take the mickey and get away with it.

Seriously? You've actually gone to the trouble of signing up on another club's forum just so you can whine about the way said club is dealing with FFP restrictions. And this despite there being no proof to date that any wrongdoing has taken place!!! Wow. Slow day huh!

giphy.gif

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4 hours ago, LazloW said:

To echo previous comments... while I’m not particularly comfortable with the stadium being in separate ownership to the club, I can’t see how selling an asset to ensure financial sustainability can be against the rules or even considered to be a loophole.  

If we sold a player for £10m to balance the books then we would have sold an asset.  Essentially the same thing as selling the ground (at least as far as the EFL are concerned I should think).

Maybe we should have sold Vydra to Mel for £12m and rented him back for a fiver a week. 

It may not be illegal but it's a bit dodgy to say the least. 

I'd also argue that the stadium is worth nothing without Derby County or another local sport team playing in it, and there aren't any big enough to other than DCFC. And £1m a year rent will only take 80 years to recoup the outlay. 

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2 hours ago, Spanish said:

A quick check indicates you guys have borrowed £50m secured against the stadium?  Is that correct?

Well thee you go. If the Riverside is worth at least £50m, then it would seem the valuation of PPS is just about right. 

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Just now, therealhantsram said:

Well thee you go. If the Riverside is worth at least £50m, then it would seem the valuation of PPS is just about right. 

ashton gate, so even more so

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10 minutes ago, The Key Club King said:

Maybe we should have sold Vydra to Mel for £12m and rented him back for a fiver a week. 

It may not be illegal but it's a bit dodgy to say the least. 

I'd also argue that the stadium is worth nothing without Derby County or another local sport team playing in it, and there aren't any big enough to other than DCFC. And £1m a year rent will only take 80 years to recoup the outlay. 

yep you could him to any club that can take on a licensed footballer and borrow him back.  Happens quite a few times.  Key is sold to another football club.  stadium criticism is the same for any club and the land remains valuable so worth less but not nothing

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25 minutes ago, 86 points said:

Seriously? You've actually gone to the trouble of signing up on another club's forum just so you can whine about the way said club is dealing with FFP restrictions. And this despite there being no proof to date that any wrongdoing has taken place!!! Wow. Slow day huh!

giphy.gif

Tbf, @Leveller signed up to the forum over a year ago. 

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1 minute ago, 86 points said:

Guess we should be grateful that he's only just now become a 'prolific' poster then Rynny 😉

Just making sure there was no unfair bias out there awkward mean girls GIF

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From the Derby Telegraph at the he time

 

Rams chief executive Stephen Pearce said: "We've had the sale of the stadium to a separate company, which is owned by executive chairman Mel Morris.

 

"What we've got there is there has been a sale and lease back to the club to make sure the football club can continue to enjoy the use of the stadium through a long-term lease arrangement, which prioritises the club's football, its retail and its hospitality activities.

The stadium was independently valued at £80m, having been on the football club's books at £41m, and Morris bought it at the market value, giving the club a profit on the sale of £39m.

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9 minutes ago, B4ev6is said:

Boro spent loads than derby in the summer if anything football league should look into boro

 

  • EFL check everybody
  • accounts were submitted in February and no problems
  • they are in receipt of parachute money

next year's accounts may present a different story if they don't go up

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4 hours ago, Leveller said:

It’s not the nature of the transaction (stadium sale to a connected party) that is in question; its the highly dubious hike in value and extremely handy profit that has been thus manufactured. Other clubs like Boro and Bristol City have sold major players to keep within the FFP rules, while Derby and Villa seem to be allowed to take the mickey and get away with it.

Can you please advise what the ground should have been valued at, on what basis you have valued it and some of the things you have factored into the valuation?

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4 hours ago, Leveller said:

It’s not the nature of the transaction (stadium sale to a connected party) that is in question; its the highly dubious hike in value and extremely handy profit that has been thus manufactured. Other clubs like Boro and Bristol City have sold major players to keep within the FFP rules, while Derby and Villa seem to be allowed to take the mickey and get away with it.

How have we took the micky ? We've sold Hughes Hendrick and Vydra to keep us going. How are you comparing us to Villa ?!😂

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4 hours ago, Leveller said:

It’s not the nature of the transaction (stadium sale to a connected party) that is in question; its the highly dubious hike in value and extremely handy profit that has been thus manufactured. Other clubs like Boro and Bristol City have sold major players to keep within the FFP rules, while Derby and Villa seem to be allowed to take the mickey and get away with it.

I can't wait til Birmingham on Friday.  A team with Hughes, Hendrick, Vydra, Ince & a back from a paid loan Martin should smash them!!!

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1 hour ago, 86 points said:

Didn't have you down as a Mean Girls aficionado Rynny!

Didn't even know that was from Mean Girls 🤷‍♂️ 

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