Embargo.

[Spanish]

Just now, RadioactiveWaste said:

We also need to submit accounts for 19,20 and pay HMRC. But any charge from the redone accounts redone accounts will be a brand new process, new DC, new LAP if the EFL (or us) don't like the outcome.

It's the ducking duracell or accountancy non-compliance issue

upsetting your regulator in whatever line of business you are in ends up with a World of pain

[Abu Derby]

Using previous EFL timescales for these types of cases I don’t think any conclusions will be reached until early next year. 

[BramcoteRam84]

34 minutes ago, RadioactiveWaste said:

The bottom line is untill the accounts for financial years ending 30 June 2016, 2017 and 2018 meet the requirements of FRS102 and  have been reviewed by the EFL we are not going to know anything. Probably there are only two outcomes.

1. We have breached FFP in which case the EFL will deduct points from us 

2. We haven't breached FFP, this outcome will probably dissapoint the EFL again ?

I think this is the point of discussion between DCFC and the EFL, if it was 1. or 2. it'd be fairly quick to resolve, but, I suspect we've submitted accounts that we believe are compliant with FRS102 and the EFL are trying find a way to say they aren't.

Once that's accepted by both parties, the rest becomes straightforward.

And in the case of outcome 2, even if this materialises, if they cannot deduct points for an FFP breach, they will make sure it takes them until after the transfer window has shut to confirm this. They will probably do their best to delay it to the closure of the second transfer window to disadvantage us as much as possible in lieu of not being able to deduct points.
 

I believe the EFL executive decides this and my understanding is that now comprises of Rick Parry, Trevor Birch, some independent non-exec directors, Nicholas Randall (Forest), Peter Ridsdale (Preston), Neil Bousor (Middlesbrough), along with some Lower league representation including Jez Moxey (Burton).

It is absolutely clear what the championship appointed club representatives will be advocating and why I will be amazed if we sign anyone else before the deadline.

[RoyMac5]

2 minutes ago, BramcoteRam84 said:

And in the case of outcome 2, even if this materialises, if they cannot deduct points for an FFP breach, they will make sure it takes them until after the transfer window has shut to confirm this. They will probably do their best to delay it to the closure of the second transfer window to disadvantage us as much as possible in lieu of not being able to deduct points.
 

I believe the EFL executive decides this and my understanding is that now comprises of Rick Parry, Trevor Birch, some independent non-exec directors, Nicholas Randall (Forest), Peter Ridsdale (Preston), Neil Bousor (Middlesbrough), along with some Lower league representation including Jez Moxey (Burton).

It is absolutely clear what the championship appointed club representatives will be advocating and why I will be amazed if we sign anyone else before the deadline.

Even after the deadline once the embargo is lifted we can sign players. If they'd wanted to be truly anti-Derby why allow us to sign Baldock and Jags? 

[Eddie]

52 minutes ago, Abu Derby said:

Using previous EFL timescales for these types of cases I don’t think any conclusions will be reached until early next year. 

Are we talking Earth, Mars or Neptune years?

[roboto]

1 minute ago, Eddie said:

Are we talking Earth, Mars or Neptune years?

EFL usually go by Uranus…

[hintonsboots]

5 minutes ago, roboto said:

EFL usually go by Uranus…

 

[Eatonram]

1 hour ago, BramcoteRam84 said:

And in the case of outcome 2, even if this materialises, if they cannot deduct points for an FFP breach, they will make sure it takes them until after the transfer window has shut to confirm this. They will probably do their best to delay it to the closure of the second transfer window to disadvantage us as much as possible in lieu of not being able to deduct points.
 

I believe the EFL executive decides this and my understanding is that now comprises of Rick Parry, Trevor Birch, some independent non-exec directors, Nicholas Randall (Forest), Peter Ridsdale (Preston), Neil Bousor (Middlesbrough), along with some Lower league representation including Jez Moxey (Burton).

It is absolutely clear what the championship appointed club representatives will be advocating and why I will be amazed if we sign anyone else before the deadline.

As Boro actively and directly took part in the disciplinary process, they should really play no part in the decision, and Derby should be making this point.

[Van der MoodHoover]

Aaaahhh....some more pages of accounting policy and legal arguments to review..... ?

 

[Reggie Greenwood]

9 minutes ago, Eatonram said:

As Boro actively and directly took part in the disciplinary process, they should really play no part in the decision, and Derby should be making this point.

As Stephen Pearce did when he was involved. Stepped aside 

[duncanjwitham]

3 minutes ago, Van der MoodHoover said:

Aaaahhh....some more pages of accounting policy and legal arguments to review..... ?

 

What kind of place do you think this is? If you want to talk about football, go here: https://www.accountantforums.com/

[Van der MoodHoover]

1 minute ago, duncanjwitham said:

What kind of place do you think this is? If you want to talk about football, go here: https://www.accountantforums.com/

I'm only here because I can't find a place in which actuaries speak to each other ?

[kevinhectoring]

17 minutes ago, Van der MoodHoover said:

I'm only here because I can't find a place in which actuaries speak to each other ?

What’s the difference between an actuary and an accountant ? An accountant looks at YOUR shoes when he’s talking to you 

[BramcoteRam84]

1 hour ago, RoyMac5 said:

Even after the deadline once the embargo is lifted we can sign players. If they'd wanted to be truly anti-Derby why allow us to sign Baldock and Jags? 

Hopefully their influence is negated then. 

[Elwood P Dowd]

19 minutes ago, Van der MoodHoover said:

I'm only here because I can't find a place in which actuaries speak to each other ?

 

I read in The Accountancy Today magazine that basicaly there are only three types of accountants those that can count and those that cannot count ?

[BramcoteRam84]

35 minutes ago, Eatonram said:

As Boro actively and directly took part in the disciplinary process, they should really play no part in the decision, and Derby should be making this point.

Agree let’s hope that’s the case.

[Mostyn6]

24 minutes ago, kevinhectoring said:

What’s the difference between an actuary and an accountant ? An accountant looks at YOUR shoes when he’s talking to you 

I don’t get it. 

[Ram1988]

I thought I'd check the thread for any updates but I see that none of us are any more of the wiser?

[kevinhectoring]

5 minutes ago, Mostyn6 said:

I don’t get it. 

The actuary looks at his own. Haha   (I never could tell jokes but that’s no reason to stop trying)

[hintonsboots]

14 minutes ago, Ram1988 said:

I thought I'd check the thread for any updates but I see that none of us are any more of the wiser?

I’ve been doing that for 12 months.