Sith Happens Posted January 17, 2020 Share Posted January 17, 2020 38 minutes ago, Rambalin said: Listened to it was talking sense has normal cannot remember his exact words but intimated the EFL have made a serious mistake and Mel will defend the club to the hilt.Even said Derby should take it to the arbitration for sport courts. This could be huge. If its proven the EFL have made a serious mistake then could it have implications for the future of FFP. Link to comment Share on other sites More sharing options...
Wolfie20 Posted January 17, 2020 Share Posted January 17, 2020 Have we been charged or are we being investigated? If we're being charged then this could be deemed to be exerting undue influence on the panel which has been asked to look at the case. Link to comment Share on other sites More sharing options...
Carnero Posted January 17, 2020 Share Posted January 17, 2020 42 minutes ago, Rambalin said: Listened to it was talking sense has normal cannot remember his exact words but intimated the EFL have made a serious mistake and Mel will defend the club to the hilt.Even said Derby should take it to the arbitration for sport courts. Roughly what time was he talking about us please, I'd like to find it to listen to if possible? Link to comment Share on other sites More sharing options...
RedSox Posted January 17, 2020 Share Posted January 17, 2020 1 minute ago, Carnero said: Roughly what time was he talking about us please, I'd like to find it to listen to if possible? I think it was c10.20am, iirc. Link to comment Share on other sites More sharing options...
RamNut Posted January 17, 2020 Share Posted January 17, 2020 Are we using the correct figure for maximum loss? people keep saying 39 m however.... 8 Mar 2019 · From now on, the assessment will be made over a rolling three-year period. For 2014-15, losses will still be limited to 45m euros (£35m). For 2015-16, the monitoring period will again cover the previous three seasons, but the limit will drop to 30m euros (£25.5m). Link to comment Share on other sites More sharing options...
Ghost of Clough Posted January 17, 2020 Share Posted January 17, 2020 1 minute ago, Bwash_Ram said: Ive been looking at our accounts the club has published on the website for those years 2015-2016 The Rams reported a loss of £14.7m for the year compared to £10.1m in the previous one. The loss for FFP purposes was £9m (£4m within the allowable £13m threshold) £5.7m difference here is more or less academy spend. 1 minute ago, Bwash_Ram said: 2016-2017 The overall result was a loss of £7.9m in the financial year, compared to £14.7m in the previous year. 2017-2018 The accounts show a profit of £14.6m, in comparison to a loss of £7.9m in the previous year, largely due to the profit on the sale and lease back of Pride Park Stadium and profit on player registrations. Am i fudging missing something ? Unless we posted completely false accounts over those years, then we dont even need the stadium deal to comply with rules. The academy spend during 16/17 and 17/18 was filed under separate accounts to the club's. The figures £7.9m and £14.6m stand. Except, the £39.9m profit on the stadium may not be counted, resulting in a £25.4m loss for the final year. Using these figures, we'd be just £3.3m over the limit. Link to comment Share on other sites More sharing options...
Carnero Posted January 17, 2020 Share Posted January 17, 2020 2 minutes ago, RedSox said: I think it was c10.20am, iirc. Cheers buddy Link to comment Share on other sites More sharing options...
Ghost of Clough Posted January 17, 2020 Share Posted January 17, 2020 2 minutes ago, RamNut said: Are we using the correct figure for maximum loss? people keep saying 39 m however.... 8 Mar 2019 · From now on, the assessment will be made over a rolling three-year period. For 2014-15, losses will still be limited to 45m euros (£35m). For 2015-16, the monitoring period will again cover the previous three seasons, but the limit will drop to 30m euros (£25.5m). Isn't that for UEFA competitions? Link to comment Share on other sites More sharing options...
Ghost of Clough Posted January 17, 2020 Share Posted January 17, 2020 5 minutes ago, Wolfie20 said: Have we been charged or are we being investigated? If we're being charged then this could be deemed to be exerting undue influence on the panel which has been asked to look at the case. Charged Link to comment Share on other sites More sharing options...
Bwash_Ram Posted January 17, 2020 Share Posted January 17, 2020 I thought it was just the valuation of the stadium that was the problem not the whole deal itself? Link to comment Share on other sites More sharing options...
Carnero Posted January 17, 2020 Share Posted January 17, 2020 3 minutes ago, Ghost of Clough said: £5.7m difference here is more or less academy spend. The academy spend during 16/17 and 17/18 was filed under separate accounts to the club's. The figures £7.9m and £14.6m stand. Except, the £39.9m profit on the stadium may not be counted, resulting in a £25.4m loss for the final year. Using these figures, we'd be just £3.3m over the limit. If that were correct then wouldn't the stadium sale only have to be for £44m ish? That cant be right! Link to comment Share on other sites More sharing options...
Topram Posted January 17, 2020 Share Posted January 17, 2020 This certainly has stopped the transfer discussions Link to comment Share on other sites More sharing options...
Wolfie20 Posted January 17, 2020 Share Posted January 17, 2020 20 minutes ago, Woodley Ram said: Speaking to a guy in the que at PP for tickets today and he said that the EFL period is prior to the sale of PP, so up to 2017/18 and not 2018/19. mel has always said we were ok then, but who knows What's Gibson doing buying tickets for our matches? Link to comment Share on other sites More sharing options...
Rambalin Posted January 17, 2020 Share Posted January 17, 2020 9 minutes ago, Carnero said: Roughly what time was he talking about us please, I'd like to find it to listen to if possible? Was about 10 past ten on the Jim White show. Link to comment Share on other sites More sharing options...
NottsRam77 Posted January 17, 2020 Share Posted January 17, 2020 30 minutes ago, steve bloomer said: It is believed that the league’s issue with Derby is concerning the sale of Pride Park to owner Mel Morris, which helped the club record pre-tax profits, however there is anger that the deal went through at what many are saying was an inflated price. All of this will be heard by an independent panel and they have the power to dock 12 points as punishment for failing to fall in line with the Profit & Sustainability rules. A further nine point penalty could also be ordered if the EFL feel this was an aggravated breach, which may be argued given the controversy surrounding the stadium sale. Whilst the Championship side intend to fight the decision, a 21-point deduction would have serious implications for Cocu’s side as they are only nine ahead of the relegation zone. Sun or the daily fail Link to comment Share on other sites More sharing options...
LazloW Posted January 17, 2020 Share Posted January 17, 2020 Idle musing... but as something is only ever worth what somebody else is willing to pay for it, if the club had sold the ground to somebody other than Mel (and having no connection to him or his other businesses) then on what basis could the EFL stick their beaks in? Is it only the fact that we essentially sold it to ourselves that this problem arises? The EFL surely wouldn’t be able to tell a third party they’d paid more than it was worth. What’s it got to do with them? I mean, if we managed to dupe some poor soul into paying over the odds for the ground (perhaps because there are oil deposits under it or something) then surely it just demonstrates sound financial acumen and marketing. All moot of course, ‘cos that didn’t happen. ??♂️? Link to comment Share on other sites More sharing options...
Stive Pesley Posted January 17, 2020 Share Posted January 17, 2020 18 minutes ago, Papahet said: Isn’t Stephen Pearce on the EFL board? Correct The board is made up of reps from 3 teams per division. They are there to represent their league on behalf of all the clubs within it I still have a suspicion that this charge is more about transarency and not being seen to be treating us differently because we have a member on the board If the Independent tribunal chucks it out, then that's a big STFU to Steve Gibson and the EFL can relax again. If they didn't charge us then Gibson will push and push and claim corruption Remember the EFL agreed the valuation so they are just as much in the dock as us when it comes to an independent panel Link to comment Share on other sites More sharing options...
Rambalin Posted January 17, 2020 Share Posted January 17, 2020 9 minutes ago, RamNut said: Are we using the correct figure for maximum loss? people keep saying 39 m however.... 8 Mar 2019 · From now on, the assessment will be made over a rolling three-year period. For 2014-15, losses will still be limited to 45m euros (£35m). For 2015-16, the monitoring period will again cover the previous three seasons, but the limit will drop to 30m euros (£25.5m). Think they maybe the the ones UEFA used to try and charge Man City who said we do not recognise your authority so sue if you like.The case was dropped immediately. Link to comment Share on other sites More sharing options...
Ghost of Clough Posted January 17, 2020 Share Posted January 17, 2020 6 minutes ago, Carnero said: If that were correct then wouldn't the stadium sale only have to be for £44m ish? That cant be right! I haven't got a background in financials so it's highly likely that I'm missing something. Link to comment Share on other sites More sharing options...
Alph Posted January 17, 2020 Share Posted January 17, 2020 1 hour ago, Curtains said: I’m feeling a bit gutted about this. It seems everyone is against Derby Country. 1 hour ago, Curtains said: Everyone having a laugh at our expense about FFP now when Mel was religious in adhering to it despite all the lunacy of it. Don't worry about it mate. They aren't our friends. They are all rival clubs. We shouldn't be trying to please them. All that matters is that we come out of this on the sunny side. Whatever everyone is criticising about Derby is the exact thing we should be bragging about. None of the people who can judge us are going to be making noise on twitter, facebook or scribbling on the pages of some racist, xenophobic "news" paper. These testing times just help us unite really don't they? Link to comment Share on other sites More sharing options...
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