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Derby finally accept 21 point deduction.


taggy180

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6 minutes ago, eccles the ram said:

Sunday morning is looking like it's going to be the start of some good news coming our way. AT LAST! UTR

If we are appealing (I thought we were too late) maybe it’s to keep the EFL honest with the additional points deduction

So we’d drop the appeal and agree 15 points in total

settle for that

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9 minutes ago, JuanFloEvraTheCocu'sNesta said:

Waste of 300k that could have been used to keep people in jobs.

No chance we win this appeal given the state of our finances. To say COVID is the sole reason we are where we are is just false.

The argument for reducing the points deduction, rather than claiming it should be withdrawn completely, is precisely because it's accepted that Covid wasn't the only factor, but it was the one that tipped the club into insolvency. It isn't hard to understand that losing 2/3rds of the club's revenue would have a devastating effect if replacement funding wasn't forthcoming. 

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43 minutes ago, taggy180 said:

I don't really understand this story.

 

My understanding is that the 12 point deduction is an all or nothing thing. According to the rules as I understand them, If covid was the most proximate cause of the administraton then the deduction should be zero  points. If it was not then, it should be 12 points. No other ifs or  buts or mitigating factors that could reduce it in half. 

 

Unless .. we are saying .. we haven't got time to fight this through the courts or tribunals, let's do a deal now and get certainty.  

 

Also EFL asking for our books over six years.. haven't they had them already?   

 

 

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23 minutes ago, JuanFloEvraTheCocu'sNesta said:

Waste of 300k that could have been used to keep people in jobs.

No chance we win this appeal given the state of our finances. To say COVID is the sole reason we are where we are is just false.

Nobody is saying that. They are saying COVID was the proximate cause of the administration , the final straw.

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5 minutes ago, PistoldPete said:

Nobody is saying that. They are saying COVID was the proximate cause of the administration , the final straw.

Yes, the perfect excuse for an owner who has been trying to sell the club for 2 years,if we only got in this situation due to Covid no doubt there might have been a buyer before Covid struck,as there have been no accounts submitted for the last couple of years nobody has a clue apart from within the club as to what the finances were really like. You can see why he was desperate to sell to the fake sheikh.

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2 minutes ago, atherstoneram said:

Yes, the perfect excuse for an owner who has been trying to sell the club for 2 years,if we only got in this situation due to Covid no doubt there might have been a buyer before Covid struck,as there have been no accounts submitted for the last couple of years nobody has a clue apart from within the club as to what the finances were really like. You can see why he was desperate to sell to the fake sheikh.

But who is to say he wouldn't have sold the club if not for covid? And administration avoided? It is hardly an "excuse", covid has had a devastating affect on revenues and indeed on valuations of players and other assets as well as on the  prospects of selling the club. Anoyone who denies that must have an agenda against Morris. 

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3 minutes ago, PistoldPete said:

But who is to say he wouldn't have sold the club if not for covid? And administration avoided? It is hardly an "excuse", covid has had a devastating affect on revenues and indeed on valuations of players and other assets as well as on the  prospects of selling the club. Anoyone who denies that must have an agenda against Morris. 

Then why is it only just Derby and not other clubs,no agenda against Morris just more worms coming out of the can as things go on.

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3 minutes ago, atherstoneram said:

Yes, the perfect excuse for an owner who has been trying to sell the club for 2 years,if we only got in this situation due to Covid no doubt there might have been a buyer before Covid struck,as there have been no accounts submitted for the last couple of years nobody has a clue apart from within the club as to what the finances were really like. You can see why he was desperate to sell to the fake sheikh.

Morris made the point a few years ago that he was spending >£1m per month funding the wages of a few players who weren't even featuring in matchday squads - his fault, of course, because he either sanctioned those wages or employed the person who did on his behalf. It's pretty clear that the additional burden of propping up the club's finances once the pandemic kicked in pushed him to the point where he was either unable or unwilling to do so. I doubt that compounding his losses by calling in the Administrators was part of his masterplan - he's simply bowed to the inevitable because it became clear that no serious buyer was going to come forward with the debts continuing to mount and, from his POV he's lost enough. 

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1 minute ago, Crewton said:

Morris made the point a few years ago that he was spending >£1m per month funding the wages of a few players who weren't even featuring in matchday squads - his fault, of course, because he either sanctioned those wages or employed the person who did on his behalf. It's pretty clear that the additional burden of propping up the club's finances once the pandemic kicked in pushed him to the point where he was either unable or unwilling to do so. I doubt that compounding his losses by calling in the Administrators was part of his masterplan - he's simply bowed to the inevitable because it became clear that no serious buyer was going to come forward with the debts continuing to mount and, from his POV he's lost enough. 

So why do certain posters seem to blame the EFL or anybody else for the clubs possible demise when the answer lies closer to home.

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3 minutes ago, BondJovi said:

Anyone else beyond tired and bored of this? The best interests are to accept whatever points deduction we get and move on. We will finally know where we stand and we can think about trying to move forward. Appeal this, appeal that, just allows the efl to keep slowly screwing us over. 

Indeed,the onus is on the club to prove Covid was the cause,it's not on the EFL to disprove it.

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2 minutes ago, atherstoneram said:

Then why is it only just Derby and not other clubs,no agenda against Morris just more worms coming out of the can as things go on.

Well first of all I think Derby (second highest attendance in the Championship in 2019-20) were most affected by covid than any other team (the team with highest attendance Leeds were promoted to Premier League so got access to a new  money tree) . Many other bigger teams were in receipt of parachute money (which did not reduce during covid) so were also much less affected. Smaller teams not affected so much as they were not relying on big gates anyway, so had smaller budgets. Also of course there is the covid loan that (for disputed reasons)  was denied Derby but not most other teams.

secondly, the club was up for sale, and yes that was probably because Morris was running out of money due to historic overspending. But like I say how do we know that a buyer would not have been found if covid had not come along?  

 

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1 hour ago, JuanFloEvraTheCocu'sNesta said:

Waste of 300k that could have been used to keep people in jobs.

No chance we win this appeal given the state of our finances. To say COVID is the sole reason we are where we are is just false.

 Nixon plucks a figure out of thin hair and you believe it?

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5 minutes ago, atherstoneram said:

So why do certain posters seem to blame the EFL or anybody else for the clubs possible demise when the answer lies closer to home.

Because there is no single party to blame , but several. See my other recent post. Nobody that I know of has said Mel Morris is blameless. 

 

 

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