The Scarlet Pimpernel Posted May 10, 2021 Share Posted May 10, 2021 Just now, Jimbo Ram said: EFL wasn't it, we didn't use the right methodology/correct accounts procedure in player valuations or something like that. Is anyone else getting worn out with this and the takeover...why can't we have a period where we can just enjoy staying up and look forward to next season with a new Manager and a refreshed squad..... Yes, my point is that if there is no laid down route to amortisation in advance then how on earth can we be guilty of breaking any rule? If they decided they didn't like the way we did it simply ask us to change, why the need for a points deduction? Ted McMinn Football Genius, MackworthRamIsGod, NottsRam77 and 1 other 1 3 Link to comment Share on other sites More sharing options...
Spanish Posted May 10, 2021 Share Posted May 10, 2021 1 minute ago, The Scarlet Pimpernel said: Just going back to basics and excuse my ignorance but who said we cant use the amortisation policy we decided to use? Who said it was wrong and why is it wrong? No one else is doing it. It’s not wrong per se but it relies heavily on estimated residual values. So where other clubs will write down a £4m 4 year contract at 1m pa we Could claim that Marriott is worth £4m up until the end of year 3 and then take the hit in year 4. I have always been a critic of this dangerous practise. We are very good at buying at the top price then give them away for nothing at the end. There is too much temptation to fiddle the ERV if the club is close to breach, allegedly. r_wilcockson and RadioactiveWaste 1 1 Link to comment Share on other sites More sharing options...
NottsRam77 Posted May 10, 2021 Share Posted May 10, 2021 5 minutes ago, Jimbo Ram said: EFL wasn't it, we didn't use the right methodology/correct accounts procedure in player valuations or something like that. Is anyone else getting worn out with this and the takeover...why can't we have a period where we can just enjoy staying up and look forward to next season with a new Manager and a refreshed squad..... And yet they originally approved our method and signed it off your totally right this is draining Jimbo Ram 1 Link to comment Share on other sites More sharing options...
Jimbo Ram Posted May 10, 2021 Share Posted May 10, 2021 Just now, The Scarlet Pimpernel said: Yes, my point is that if there is no laid down route to amortisation in advance then how on earth can we be guilty of breaking any rule? If they decided they didn't like the way we did it simply ask us to change, why the need for a points deduction? I agree and I thought that is what we were told after the first hearing. But it seems if you backdate and use the correct formula we would have broken FFP wouldn't we by quite a lot, that seems to be the problem, but I am sure someone who knows a lot more will answer your point a lot better than me. 'O' Level accounts is the only exam I have ever failed lol....back in 1982.... Link to comment Share on other sites More sharing options...
Indy Posted May 10, 2021 Share Posted May 10, 2021 1 minute ago, The Scarlet Pimpernel said: Yes, my point is that if there is no laid down route to amortisation in advance then how on earth can we be guilty of breaking any rule? If they decided they didn't like the way we did it simply ask us to change, why the need for a points deduction? IIRC didn’t the EFL’s argument rest on the interpretation of their own regulations saying a method must be “applied consistently” which they retrospectively defined as consistent with other clubs? The panel said there was no legal definition of consistent in this case, and DCFC’s interpretation of it being consistent over time (ie we didn’t change the methodology each year to suit ourselves) was reasonable. NottsRam77, Ellafella, RadioactiveWaste and 1 other 2 2 Link to comment Share on other sites More sharing options...
Spanish Posted May 10, 2021 Share Posted May 10, 2021 17 minutes ago, MrPlinkett said: I get that just doesn't seem very fair the EFL can appeal an appeal but clubs can't. They have the same rights, we can both appeal the tribunal but not the next appeal Link to comment Share on other sites More sharing options...
sonofmidnight Posted May 10, 2021 Share Posted May 10, 2021 15 minutes ago, jimbo jones said: Yes. Was talking about this with my Dad earlier. Assuming the penalty isn’t something ludicrous, take it on the chin and move on. Yes but depending on points docked and uncertainty about take over how many players are actually going to want to sign for Derby. I doubt we will be first choice with all this uncertainty hanging over our heads. We need to know ASAP what is going to happen and then perhaps the takeover saga can be resolved. Jimbo Ram and jimbo jones 2 Link to comment Share on other sites More sharing options...
Chester40 Posted May 10, 2021 Share Posted May 10, 2021 19 minutes ago, MACKWORTHRAM said: Just what I've heard. I don't claim to be in the know. I've heard this and will pass it on. And what I've heard is Alonso is not taking over this football club. I have absolutely no idea who is. But it's not going to be Alonso. Rubbish... And I will ask Mel later, I'm due to phone him as I want a refund for the party he was supposed to have organised for me at Morris Brewery where there was no drink... Seriously though - how tiresome is this getting. Really can't be bothered with it dragging on all summer, just want closure and to look forward. CBRammette and Jimbo Ram 1 1 Link to comment Share on other sites More sharing options...
NottsRam77 Posted May 10, 2021 Share Posted May 10, 2021 5 minutes ago, The Scarlet Pimpernel said: Yes, my point is that if there is no laid down route to amortisation in advance then how on earth can we be guilty of breaking any rule? If they decided they didn't like the way we did it simply ask us to change, why the need for a points deduction? This I don’t get how they even have a leg to stand on let alone that they signed it all off The Scarlet Pimpernel 1 Link to comment Share on other sites More sharing options...
Keepyuppy Posted May 10, 2021 Share Posted May 10, 2021 So many experts on football finance and Accountancy Law - I didn't realise there were do many Accountants in Derby. It must be the national epicentre of Accountancy Lawyers. The city of Derby is so very blessed !! ? I think Arthur Cox had it about right, with his well used response to rumour !! Chester40 and Geriatram 2 Link to comment Share on other sites More sharing options...
MaltRam Posted May 10, 2021 Share Posted May 10, 2021 Ignorant query: How can we have lost £30m more by accounting for reduction in player values over the course of a contract at differing rates? Surely that moves the losses to different years, rather than magics them away? RadioactiveWaste, DCFC1388 and Indy 1 2 Link to comment Share on other sites More sharing options...
AndyinLiverpool Posted May 10, 2021 Share Posted May 10, 2021 14 minutes ago, nottingram said: Charming Link to comment Share on other sites More sharing options...
Yani P Posted May 10, 2021 Share Posted May 10, 2021 EFL had their own accountants signing everything off Jimbo Ram, Mick Brolly and ramit 3 Link to comment Share on other sites More sharing options...
MrPlinkett Posted May 10, 2021 Share Posted May 10, 2021 7 minutes ago, Spanish said: They have the same rights, we can both appeal the tribunal but not the next appeal but as someone posted they did appeal the results of Birminghams appeal. Link to comment Share on other sites More sharing options...
Ghost of Clough Posted May 10, 2021 Share Posted May 10, 2021 25 minutes ago, Jimbo Ram said: If his figures were right what would the likely points deduction be, any ideas??? 12 points for the overspend. Then plus some more (up to 9) for deliberately misleading and failing to provide details on the policy. Then minus some for EFL incompetence. So 0 points. inter politics, angieram and LeedsCityRam 2 1 Link to comment Share on other sites More sharing options...
Gee SCREAMER !! Posted May 10, 2021 Share Posted May 10, 2021 56 minutes ago, DanS1992 said: Just read that Wycombe are considering legaI action (don't know if it is true or not), but I honestly don't know how Wycombe can advocate legal action (if that is the case). I would like to remind them, that they are in the Championship on good fortune alone due to the PPG scenario last season. Slightly hippocritical if you ask me. Apparently there owner who's an American lawyer is waiting with his legal team if we get points deducted.' we got as many points as we could but there's the Derby issue' haven't gone down the legal route but we'll see. Basically he might look at it if points are deducted. Strange how these people conveniently forget that with 10 games of the season left they got in the pretend playoffs having been in 9th place. Link to comment Share on other sites More sharing options...
MaltRam Posted May 10, 2021 Share Posted May 10, 2021 25 minutes ago, EdinRam said: They can deduct something like 21 or 24 points but i reckon it would be 6-12 Do you juggle too? Link to comment Share on other sites More sharing options...
rainram Posted May 10, 2021 Share Posted May 10, 2021 15 minutes ago, AutoWindscreens said: I hope that means we can consign this photo to history thats not Erik Alonso's photo... its Rooney's mate Kelly Jones from the Stereophonics! Link to comment Share on other sites More sharing options...
Spanish Posted May 10, 2021 Share Posted May 10, 2021 8 minutes ago, Needlesh said: Ignorant query: How can we have lost £30m more by accounting for reduction in player values over the course of a contract at differing rates? Surely that moves the losses to different years, rather than magics them away? Theoretically because it is calculated on a rolling 3 year basis ERV allows losses to be accrued in a year when you a windfall profit say by selling your ground. Or perhaps you can extend a contract and move the loss into the next year. You still have to pay eventually Link to comment Share on other sites More sharing options...
Gee SCREAMER !! Posted May 10, 2021 Share Posted May 10, 2021 28 minutes ago, Jimbo Ram said: Yep, punishment is a fifty quid fine, Mel offers £25 for cash and we all move on... Isn't that what QPR wound up paying for their 70 million quid overspend MrPlinkett, Jimbo Ram and r_wilcockson 1 1 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account.
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now