Oldben Posted November 10, 2020 Share Posted November 10, 2020 https://thisisfutbol.com/2020/11/blogs/championship/kieran-maguire-takeover-Derby-county/ I think before you spend 60 million on a club you would have your own audit done on the club, that doesn't mean you would immediately tell the football league the result of that audit. However you might tell the football league, but they could only accept the official audit submitted by Derby. Under ffp rules Derby even with new owners would be prevented from doing anything that resulted in breaking ffp rules. To buy you would first need to sell so removing Rooney and other players from the club to free up funds for purchasing new players a priority. Removing cocu when the take over done a priority, Mel will not spend 4 million of his own money sacking Cocu. Link to comment Share on other sites More sharing options...
Spanish Posted November 10, 2020 Share Posted November 10, 2020 2 hours ago, Oldben said: https://thisisfutbol.com/2020/11/blogs/championship/kieran-maguire-takeover-Derby-county/ I think before you spend 60 million on a club you would have your own audit done on the club, that doesn't mean you would immediately tell the football league the result of that audit. However you might tell the football league, but they could only accept the official audit submitted by Derby. Under ffp rules Derby even with new owners would be prevented from doing anything that resulted in breaking ffp rules. To buy you would first need to sell so removing Rooney and other players from the club to free up funds for purchasing new players a priority. Removing cocu when the take over done a priority, Mel will not spend 4 million of his own money sacking Cocu. But Rooney has most if not of his costs covered? Link to comment Share on other sites More sharing options...
Rambalin Posted November 10, 2020 Share Posted November 10, 2020 You are assuming that the potential new owners are bothered by the P&S rules. Link to comment Share on other sites More sharing options...
Spanish Posted November 10, 2020 Share Posted November 10, 2020 2 hours ago, Oldben said: https://thisisfutbol.com/2020/11/blogs/championship/kieran-maguire-takeover-Derby-county/ I think before you spend 60 million on a club you would have your own audit done on the club, that doesn't mean you would immediately tell the football league the result of that audit. However you might tell the football league, but they could only accept the official audit submitted by Derby. Under ffp rules Derby even with new owners would be prevented from doing anything that resulted in breaking ffp rules. To buy you would first need to sell so removing Rooney and other players from the club to free up funds for purchasing new players a priority. Removing cocu when the take over done a priority, Mel will not spend 4 million of his own money sacking Cocu. The new buyers price has dropped by £4m already, Mel pays one way or another Link to comment Share on other sites More sharing options...
G STAR RAM Posted November 10, 2020 Share Posted November 10, 2020 Well reading that article is 2 minutes of my life that I will never get back. How on earth does this guy make a living out of this? Link to comment Share on other sites More sharing options...
Oldben Posted November 10, 2020 Author Share Posted November 10, 2020 https://www.google.com/amp/s/www.mirror.co.uk/sport/football/news/Derby-mel-morris-phillip-cocu-22982108.amp Link to comment Share on other sites More sharing options...
Oldben Posted November 10, 2020 Author Share Posted November 10, 2020 The new owners will probably have their eyes on the prize. Change of manager, team change, promotion and premiership is where the money is Link to comment Share on other sites More sharing options...
Mihangel Posted November 10, 2020 Share Posted November 10, 2020 32 minutes ago, G STAR RAM said: Well reading that article is 2 minutes of my life that I will never get back. How on earth does this guy make a living out of this? I'll give you a tip, if the title of a article contains the words 'Kieran' and 'Maguire', rest assured it will contain a heady mix of guess work, supposition and fabricated rubbish and it's not worth that two minutes of your life! He doesn't make a living from it, that's for certain. Link to comment Share on other sites More sharing options...
RoyMac5 Posted November 10, 2020 Share Posted November 10, 2020 1 hour ago, Oldben said: The new owners will probably have their eyes on the prize. Change of manager, team change, promotion and premiership is where the money is Yeah that sounds like Mel! ? Link to comment Share on other sites More sharing options...
WilkoRam Posted November 10, 2020 Share Posted November 10, 2020 33 minutes ago, ShoreRam said: I'll give you a tip, if the title of a article contains the words 'Kieran' and 'Maguire', rest assured it will contain a heady mix of guess work, supposition and fabricated rubbish and it's not worth that two minutes of your life! He doesn't make a living from it, that's for certain. Easier tip - If the link is from the Daily Mail, no matter the subject and no matter the author, do yourself a favour and just keep scrolling past it. Link to comment Share on other sites More sharing options...
Rab a dab doo Posted November 10, 2020 Share Posted November 10, 2020 Like one of ex-managers always used to say Its all 'pure jurnalistic speculation' Link to comment Share on other sites More sharing options...
ossieram Posted November 10, 2020 Share Posted November 10, 2020 5 hours ago, Spanish said: The new buyers price has dropped by £4m already, Mel pays one way or another Of course you know this to be a fact and can prove it? Link to comment Share on other sites More sharing options...
Ken Tram Posted November 10, 2020 Share Posted November 10, 2020 7 hours ago, Oldben said: Removing cocu when the take over done a priority, Mel will not spend 4 million of his own money sacking Cocu. 5 hours ago, Spanish said: The new buyers price has dropped by £4m already, Mel pays one way or another I was wondering that. How fluid is the price of a football club? Does it fluctuate with weekly results, or even a month of results? Part of me thinks it will fluctuate, and other part thinks that the big-picture value is more stable. Link to comment Share on other sites More sharing options...
Rab a dab doo Posted November 10, 2020 Share Posted November 10, 2020 Do we think their still haggling over price? It's been awhile since this story came out. You would have thought it would have been one of the first things agreed at the outset. Link to comment Share on other sites More sharing options...
alexxxxx Posted November 10, 2020 Share Posted November 10, 2020 KM dislikes Derby. Its really clear from the way he speaks on his podcast and he really isn't as clued up as he makes it sound like on his podcast. He explained the decisions incorrectly about the stadium. The accounts probably haven't been submitted yet because of the outstanding appeal by the efl on the amortisation policy. Anyone with any basic understanding of p&s rules would understand that Derby still won't be able to spend big with a new owner as the accounts sit with the club rather than the ownership structure. Link to comment Share on other sites More sharing options...
Carnero Posted November 10, 2020 Share Posted November 10, 2020 1 minute ago, Rab a dab doo said: Do we think their still haggling over price? It's been awhile since this story came out. You would have thought it would have been one of the first things agreed at the outset. Have you ever bought a house? This is far more complex so is bound to take time to complete, it's a multi-million pound transaction involving multiple different companies & entities, it's not like dropping off a bag of cash and receiving the keys to a 2nd hand Ford Capri. Link to comment Share on other sites More sharing options...
GboroRam Posted November 10, 2020 Share Posted November 10, 2020 I love the poll. ARE YOU HOPEFUL THE TAKEOVER WILL LEAD TO BETTER TIMES AT Derby COUNTY? So, who would not be hopeful that it doesn't lead to better than bottom of the Championship? I know, 36 Forest fans. Link to comment Share on other sites More sharing options...
Spanish Posted November 10, 2020 Share Posted November 10, 2020 14 minutes ago, Ken Tram said: I was wondering that. How fluid is the price of a football club? Does it fluctuate with weekly results, or even a month of results? Part of me thinks it will fluctuate, and other part thinks that the big-picture value is more stable. KT depends when contracts are drawn up. this is a negotiation a bit like buying a house. The current knows he has to pay for repairs before he can and obviously the buyer will ty everything to ensure that he pays less because of it Link to comment Share on other sites More sharing options...
Millenniumram Posted November 10, 2020 Share Posted November 10, 2020 That’s a pretty terrible article. I’m sure the new owners will be more than aware of our financial situation, even if we haven’t submitted our accounts yet. It’s their financial situation that concerns me more to be honest. Link to comment Share on other sites More sharing options...
GenBr Posted November 10, 2020 Share Posted November 10, 2020 14 hours ago, Rambalin said: You are assuming that the potential new owners are bothered by the P&S rules. Why would they not be? If they are a poo owner they won't be pumping the millions in required to breach FFP and if they are a good owner they can't breach FFP either without some creative methods to get round it. The EFL can remove you from the promotion places if they want to. 13 hours ago, Oldben said: The new owners will probably have their eyes on the prize. Change of manager, team change, promotion and premiership is where the money is They still won't be able to spend any money - certainly not enough to replace an entire team. Link to comment Share on other sites More sharing options...
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