Stuniverse Posted June 23, 2021 Share Posted June 23, 2021 8 minutes ago, DCFC90 said: I've read it that the £100k is the agreed sanction, pending our resubmission of our accounts; but both Derby and Wycome have the right to appeal the decision. If Wycome win their appeal then a points deduction could be applied retrospectively which would then see us relegated, but for now, this is the only action to be taken. The statement says “Both Derby County and the EFL have the right to appeal that sanction decision.” I don’t think Wycombe have any right to appeal. FlyBritishMidland, Indy and RadioactiveWaste 1 2 Link to comment Share on other sites More sharing options...
Derbados Posted June 23, 2021 Share Posted June 23, 2021 Just now, RadioactiveWaste said: I'm a bit confused. We've been fined £100k for having a non-compliant accounting methodology. Both the EFL and us can appeal this sanction. We also have to restate out accounts and P&S submissions. I thought the issue in the charge was the accounting method - if our re-stated P&S is in breech we'll get punished for that in line with precedent but because we sold PP it's not going to be that much over? Even so that is surely a subsiquent and separate issue to the now resolved accoutancy question. ariotofmyown and RadioactiveWaste 1 1 Link to comment Share on other sites More sharing options...
SaintRam Posted June 23, 2021 Share Posted June 23, 2021 Cool. Cool. Cool. Cool. Cool. Link to comment Share on other sites More sharing options...
Mckram Posted June 23, 2021 Share Posted June 23, 2021 Just now, RadioactiveWaste said: I'm a bit confused. We've been fined £100k for having a non-compliant accounting methodology. Both the EFL and us can appeal this sanction. We also have to restate out accounts and P&S submissions. I thought the issue in the charge was the accounting method - if our re-stated P&S is in breech we'll get punished for that in line with precedent but because we sold PP it's not going to be that much over? Even so that is surely a subsiquent and separate issue to the now resolved accoutancy question. This relates to 16/17/18 I think. Stadium sale was after. RadioactiveWaste 1 Link to comment Share on other sites More sharing options...
Joe Posted June 23, 2021 Share Posted June 23, 2021 that is it then i guess no investors, fire sale soon, Rooney to leave but on a positive note if the points deduction is imposed for last season which it has to be to relegate us then we start with no points deduction in league 1....when is the draw for the Freight rover full members cup? mind you appeal after appeal could take a while.......... Link to comment Share on other sites More sharing options...
alexxxxx Posted June 23, 2021 Share Posted June 23, 2021 3 minutes ago, Derbados said: Because the EFL are a bunch of inept idiots who couldn’t organise a *** up in a brewery Its cost us far more than the points deduction for failing p&s rules. Link to comment Share on other sites More sharing options...
GeneralRam Posted June 23, 2021 Share Posted June 23, 2021 I’d rather get relegated than start next season with a big points deduction to be fair. Would be a wasted season. Ambitious, TimRam, TigerTedd and 1 other 4 Link to comment Share on other sites More sharing options...
JfR Posted June 23, 2021 Share Posted June 23, 2021 (edited) Personally, I don't read that "interchangeable fixture list" section as being related to the resubmission of the accounts, but just that the EFL hope to have the punishment for the amortisation offence changed on appeal to a points deduction last season. Surely the commission can't issue a punishment for an offence that they don't even know to have been committed and if so to what extent, and I'm sure if this were the case the EFL would spell it out more clearly in the statement. If we do breach the overspend limits, I'd imagine that would constitute a different offence and would have to go through another disciplinary process. Edited June 23, 2021 by JfR Mucker1884, Indy, Stuniverse and 3 others 4 2 Link to comment Share on other sites More sharing options...
rsmini Posted June 23, 2021 Share Posted June 23, 2021 They are doing their best to relegate us. How the heck can you say to a player. Come and join us when you have no idea which league you will be in next season Edtheram 1 Link to comment Share on other sites More sharing options...
GlastoEls Posted June 23, 2021 Share Posted June 23, 2021 1 minute ago, Mckram said: This relates to 16/17/18 I think. Stadium sale was after. No, stadium sale was 17/18 accounts. r_wilcockson and RadioactiveWaste 2 Link to comment Share on other sites More sharing options...
Stuniverse Posted June 23, 2021 Share Posted June 23, 2021 (edited) “In addition, the Club has also been ordered to file restated accounts for financial years ending 30 June 2016, 2017 and 2018 that meet the requirements of FRS102, together with updated Profit & Sustainability calculations if necessary.” So the BIG question here is will the restated accounts for 2016, 2017 and 2018 comply with or breach FRS102? And if they do, then what happens? Presumably it’s a new offence and disciplinary proceedings start a fresh. Edited June 23, 2021 by Stuniverse RadioactiveWaste 1 Link to comment Share on other sites More sharing options...
Norman Posted June 23, 2021 Share Posted June 23, 2021 (edited) So, all we have to do is wait for Mr. Pearce to confirm to us fans at 9am, that we will be inside the allowed losses for that period. Surely, as a club, we already know the calculations. Hopefully the morning won't bring complete silence. I would also state, if we do fall outside the permitted losses, we can argue we would have sold players to alleviate the losses. We are no longer in a position to change what happened years a go. Can't see this going anywhere to be honest. Appeal after appeal coming up. Edited June 23, 2021 by Norman Indy, rammieib, Nishfan and 4 others 3 4 Link to comment Share on other sites More sharing options...
DCFC90 Posted June 23, 2021 Author Share Posted June 23, 2021 4 minutes ago, Stuniverse said: The statement says “Both Derby County and the EFL have the right to appeal that sanction decision.” I don’t think Wycombe have any right to appeal. But they have the right to seek legal action against the EFL for not imposing those sanctions retrospectively from what the news suggested previously. Link to comment Share on other sites More sharing options...
Mckram Posted June 23, 2021 Share Posted June 23, 2021 3 minutes ago, GlastoEls said: No, stadium sale was 17/18 accounts. Yeah just checked and you’re right. Fingers crossed we are ok then. Link to comment Share on other sites More sharing options...
JfR Posted June 23, 2021 Share Posted June 23, 2021 3 minutes ago, JfR said: Personally, I don't read that "interchangeable fixture list" section as being related to the resubmission of the accounts, but just that the EFL hope to have the punishment for the amortisation offence changed on appeal to a points deduction last season. Surely the commission can't issue a punishment for an offence that they don't even know to have been committed and if so to what extent, and I'm sure if this were the case the EFL would spell it out more clearly in the statement. If we do breach the overspend limits, I'd imagine that would constitute a different offence and would have to go through another disciplinary process. I think that's what's being said here Link to comment Share on other sites More sharing options...
Derbados Posted June 23, 2021 Share Posted June 23, 2021 I’ll be interested to see the clubs response, someone wake the comms team up! Link to comment Share on other sites More sharing options...
Stuniverse Posted June 23, 2021 Share Posted June 23, 2021 5 minutes ago, JfR said: Personally, I don't read that "interchangeable fixture list" section as being related to the resubmission of the accounts, but just that the EFL hope to have the punishment for the amortisation offence changed on appeal to a points deduction last season. Surely the commission can't issue a punishment for an offence that they don't even know to have been committed and if so to what extent, and I'm sure if this were the case the EFL would spell it out more clearly in the statement. If we do breach the overspend limits, I'd imagine that would constitute a different offence and would have to go through another disciplinary process. That makes a lot of sense. Link to comment Share on other sites More sharing options...
GlastoEls Posted June 23, 2021 Share Posted June 23, 2021 2 minutes ago, Derbados said: I’ll be interested to see the clubs response, someone wake the comms team up! Corner flag incoming! Link to comment Share on other sites More sharing options...
Derbados Posted June 23, 2021 Share Posted June 23, 2021 2 minutes ago, JfR said: I think that's what's being said here ****** hell, how many times can the EFL appeal!!? they didn’t like the original decision, so they appealed, they’ve now got the appeal decision, they don’t like that so they’re now going to appeal the appeal! This is absolute madness, do they just keep appealing until they get the answer they want!? BPV, r_wilcockson, angieram and 6 others 2 7 Link to comment Share on other sites More sharing options...
Rammy03 Posted June 23, 2021 Share Posted June 23, 2021 I don't get it? Are we going to be relegated or not? Link to comment Share on other sites More sharing options...
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