RamNut Posted January 17, 2020 Share Posted January 17, 2020 https://www.dcfc.co.uk/news/2020/01/club-statement-17th-january-2020 7 hours ago, RamNut said: It’s hard to believe that we got into this mess by buying the very average players that we did, but the rules allow very little margin for error. a few simple operating rules would have helped. keep wages and running costs steady and within a prescribed limit. keep annual transfer spending within prescribed limits of @£6m max per annum. never pay more than £3-4m for a player don’t buy a player if you can’t imagine fully recouping the transfer fee after 2-3 years do recoup the fees wherever possible. take immediate remedial action if costs exceed budget. we have allowed wages and running costs to escalate, and exceed budget. we have overspent on transfers and individual players we have signed players with no resale value we have failed to take corrective action except to pull two tricks - stadium sale being one of them. The powers that be should change the rules to prevent stadium sales being a legitimate option under ffp, as it is a fundamentally bad move. Seems like both strategies are the cause of the bringing of charges. Link to comment Share on other sites More sharing options...
Rosythram Posted January 17, 2020 Share Posted January 17, 2020 Thoughts, between EFL and Gibson who’s in who’s pocket! Link to comment Share on other sites More sharing options...
Ghost of Clough Posted January 17, 2020 Share Posted January 17, 2020 Reading our statement, it sounds like the EFL told us what we needed to put in our P&S report, but are now charging us for what we submitted. Unbelievable! Link to comment Share on other sites More sharing options...
TramRam Posted January 17, 2020 Share Posted January 17, 2020 Police in Preston have advised all residents to close all doors and windows, As the EFL committee for FFP have all messed themselves after reading Derby Countys Statement. Link to comment Share on other sites More sharing options...
Curtains Posted January 17, 2020 Share Posted January 17, 2020 https://www.dailymail.co.uk/sport/football/article-7900141/Derby-County-vow-strongly-contest-EFLs-unlawful-charge-breach-spending-regulations.html Link to comment Share on other sites More sharing options...
NottsRam77 Posted January 17, 2020 Share Posted January 17, 2020 9 minutes ago, Srg said: Hoping for round after round of anti EFL chants tomorrow. With a rendition of he sues who he wants , he’s sues who he wants , he’s Mel Morris he sues who he wants Link to comment Share on other sites More sharing options...
alexxxxx Posted January 17, 2020 Author Share Posted January 17, 2020 4 minutes ago, Ghost of Clough said: None we expected amortisation to be brought into the conversation ? I mean it's something we've done for years. So unless we've fiddled it I don't see how they can say the approach is wrong. At a glance it seems that the ffp rules are not fit for purpose. Link to comment Share on other sites More sharing options...
Andicis Posted January 17, 2020 Share Posted January 17, 2020 2 minutes ago, alexxxxx said: At a glance it seems that the ffp rules are not fit for purpose. As well as the EFL not being fit for purpose. Link to comment Share on other sites More sharing options...
angieram Posted January 17, 2020 Share Posted January 17, 2020 9 minutes ago, GenBr said: The posters on the Wednesday forums made a good point regarding who pays if we win a case against the EFL regarding who would actually pay out if we successfully sued them. Does the EFl actually have any money. I know they are registered as a company with accounts on companies house, but do they actually have any cash reserves or do they just get it from the other member clubbs? I'd say so! They have just paid their former CEO £500,000 severance pay on top of his £495,000 salary. https://www.bbc.co.uk/sport/football/51025894 Link to comment Share on other sites More sharing options...
Curtains Posted January 17, 2020 Share Posted January 17, 2020 Sheff Wed have just put out same statement Link to comment Share on other sites More sharing options...
RamNut Posted January 17, 2020 Share Posted January 17, 2020 I suspect that Derby have dealt with individual officers whose advice is what would legally be termed “non-binding negotiations”. we are still legally responsible for the submission. no doubt the legal action by Boro towards the EFL was the game changer and has caused a higher level review. This is going to run and run. Link to comment Share on other sites More sharing options...
SaffyRam Posted January 17, 2020 Share Posted January 17, 2020 2 minutes ago, alexxxxx said: I mean it's something we've done for years. So unless we've fiddled it I don't see how they can say the approach is wrong. At a glance it seems that the EFL are not fit for purpose. FTFY Link to comment Share on other sites More sharing options...
DesertRam Posted January 17, 2020 Share Posted January 17, 2020 It is evident that we are in the right here, and are going to win this. Them against us, batten down the hatches - we will prevail ✌️ Link to comment Share on other sites More sharing options...
CornwallRam Posted January 17, 2020 Share Posted January 17, 2020 EFL don't like us using residual values to account for player registrations. I tend to agree that it's a bit of an invitation to manipulate the figures, but if EFL agreed to it before, surely they can't punish us for it. Link to comment Share on other sites More sharing options...
ThePrisoner Posted January 17, 2020 Share Posted January 17, 2020 5 minutes ago, Curtains said: Sheff Wed have just put out same statement No they haven’t? Link to comment Share on other sites More sharing options...
NottsRam77 Posted January 17, 2020 Share Posted January 17, 2020 Can we sign some players now please lol Link to comment Share on other sites More sharing options...
Curtains Posted January 17, 2020 Share Posted January 17, 2020 4 minutes ago, ThePrisoner said: No they haven’t? Radio Derby just reported it. Are they wrong. Link to comment Share on other sites More sharing options...
RamNut Posted January 17, 2020 Share Posted January 17, 2020 13 minutes ago, alexxxxx said: I mean it's something we've done for years. So unless we've fiddled it I don't see how they can say the approach is wrong. At a glance it seems that the ffp rules are not fit for purpose. Depends what the guidance states. Maybe Derby have gone off piste and have argued that our method is just as valid. But they’ve decided that we should be doing the accounts the same way as everyone else. Link to comment Share on other sites More sharing options...
duncanjwitham Posted January 17, 2020 Share Posted January 17, 2020 5 minutes ago, ThePrisoner said: No they haven’t? They haven’t just issued it, but the statement they made at the time they were charged is basically the same - charges unlawful, contest it etc etc. Link to comment Share on other sites More sharing options...
Van der MoodHoover Posted January 17, 2020 Share Posted January 17, 2020 5 minutes ago, NottsRam77 said: Can we sign some players now please lol Has Gobby stumped up some wonga then? ? Link to comment Share on other sites More sharing options...
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