Sparkle Posted January 25, 2022 Share Posted January 25, 2022 5 minutes ago, Anag Ram said: Items on both Wake up to money on Radio 5 and the BBC news today. Let’s hope today is indeed the pivotal day in which agreement can be reached. I suspect the administrators are going to say this is the deal, make the two parasite claims go away or it’s liquidation and you the EFL need to explain to all these politicians and creditors like the HMRC who will be coming at you for their money as your intransigence is the reason this is happening. Derby4Me 1 Link to comment Share on other sites More sharing options...
PistoldPete Posted January 25, 2022 Share Posted January 25, 2022 6 hours ago, Ghost of Clough said: Reviewed our submissions and confirmed were were on target to be within/outside of limits. Revised submissions due to EFL spotting errors based on exclusions within FFP (used from 2012 to 2016) and P&S (2016-present). Confirmation that the final P&S submissions were within acceptable limits. Discussion and later a meeting with EFL (notably EFL Finance Executive) to discuss the amortisation policy. Executive then stated “it is an acceptable accounting policy” woth DCFC accepting the risk of using such a policy. There’s even more evidence than that GOC but basically EFL being disingenuous in saying they didn’t approve the accounts. Sure there may not be a formal sign off like there is with the auditor. But they had plenty of opportunities to say they didn’t like what we were doing but they didn’t. What changed things was Parry coming in , a change of FD too and Parry getting bullied by Gibson . gfs1ram, Indy and Indyram 3 Link to comment Share on other sites More sharing options...
PistoldPete Posted January 25, 2022 Share Posted January 25, 2022 10 minutes ago, Sparkle said: I suspect the administrators are going to say this is the deal, make the two parasite claims go away or it’s liquidation and you the EFL need to explain to all these politicians and creditors like the HMRC who will be coming at you for their money as your intransigence is the reason this is happening. Or they will say we have a duty to the creditors we won’t let you do this, and we have ways of stopping you. Link to comment Share on other sites More sharing options...
Sparkle Posted January 25, 2022 Share Posted January 25, 2022 3 minutes ago, PistoldPete said: There’s even more evidence than that GOC but basically EFL being disingenuous in saying they didn’t approve the accounts. Sure there may not be a formal sign off like there is with the auditor. But they had plenty of opportunities to say they didn’t like what we were doing but they didn’t. What changed things was Parry coming in , a change of FD too and Parry getting bullied by Gibson . Parry and Gibson have previous from when Middlesbrough decided not to turn up at Blackburn in the premiership and we’re deducted 3 points and Parry was high up in the premier league - Gibson claiming Middlesbrough were being picked on etc etc - try telling me their previous exchanges haven’t impacted Derby county ! alexxxxx 1 Link to comment Share on other sites More sharing options...
NottsRammy Posted January 25, 2022 Share Posted January 25, 2022 Personally think its all down to the interested parties willing to take on the claims . They know its full of horse ****. Its just a question now of whether ashley does as well . It seems to me ashley will be preferred bidder as long as this meeting goes his way if it doesnt they will announce appleby and co . Make or break day . Link to comment Share on other sites More sharing options...
PistoldPete Posted January 25, 2022 Share Posted January 25, 2022 8 hours ago, kevinhectoring said: It’s often said on here that the EFL ‘accepted’ the accounts - but on what basis? I don’t think they understood what we were doing until Maguire the bozo highlighted it. Failing to challenge isn’t ‘accepting’ them surely - not if you don’t know what’s going on Maguire didn’t understand what we were doing. He said we were depreciating player values to non zero figures at the end of the contracts. We weren’t . Even if you accept that Maguire intervention is relevant He flagged the issue up in 2018 yet the Efl didn’t bring a charge until January 2020. So Efl are on the hook whichever way you look at it. the amortisation change was flagged in the 2016 accounts so why want it challenged then? RoyMac5 and gfs1ram 1 1 Link to comment Share on other sites More sharing options...
Kingpin Posted January 25, 2022 Share Posted January 25, 2022 34 minutes ago, Sparkle said: Middlesbrough right back is currently on loan at notts forest This loan has also puzzled me. Link to comment Share on other sites More sharing options...
Day Posted January 25, 2022 Share Posted January 25, 2022 Eddie, Ram-Alf, Indyram and 22 others 1 1 23 Link to comment Share on other sites More sharing options...
PistoldPete Posted January 25, 2022 Share Posted January 25, 2022 55 minutes ago, Anag Ram said: Items on both Wake up to money on Radio 5 and the BBC news today. Let’s hope today is indeed the pivotal day in which agreement can be reached. Is that main BBC news or just east mids? Link to comment Share on other sites More sharing options...
RoyMac5 Posted January 25, 2022 Share Posted January 25, 2022 Link to comment Share on other sites More sharing options...
G STAR RAM Posted January 25, 2022 Share Posted January 25, 2022 30 minutes ago, PistoldPete said: Maguire didn’t understand what we were doing. He said we were depreciating player values to non zero figures at the end of the contracts. We weren’t . Even if you accept that Maguire intervention is relevant He flagged the issue up in 2018 yet the Efl didn’t bring a charge until January 2020. So Efl are on the hook whichever way you look at it. the amortisation change was flagged in the 2016 accounts so why want it challenged then? To be fair to him that is because the policy was not adequately disclosed in the accounts, the only thing we ever actually been found guilty of. i-Ram and Steve How Hard? 1 1 Link to comment Share on other sites More sharing options...
Red Ram Posted January 25, 2022 Share Posted January 25, 2022 29 minutes ago, PistoldPete said: Maguire didn’t understand what we were doing. He said we were depreciating player values to non zero figures at the end of the contracts. We weren’t . Even if you accept that Maguire intervention is relevant He flagged the issue up in 2018 yet the Efl didn’t bring a charge until January 2020. So Efl are on the hook whichever way you look at it. the amortisation change was flagged in the 2016 accounts so why want it challenged then? Yes that was exactly Boro's issue - that the EFL weren't enforcing their own rules. But KevinH is right - Derby were found guilty of not making the change in their accounting methods adequately clear. Presumably you'd have needed to plot the depreciating values on a graph to see that it was a convex curve rather than a straight line? Link to comment Share on other sites More sharing options...
PistoldPete Posted January 25, 2022 Share Posted January 25, 2022 3 minutes ago, Red Ram said: Yes that was exactly Boro's issue - that the EFL weren't enforcing their own rules. But KevinH is right - Derby were found guilty of not making the change in their accounting methods adequately clear. Presumably you'd have needed to plot the depreciating values on a graph to see that it was a convex curve rather than a straight line? The lack of clarity was that we were suggesting according to Maguire that players had residual values .. which is a reserved term n the accounting standard to only refer to values at the end of contracts. taken literally that means as Maguire says we were giving them non zero values at the end of the contracts. so the lack of clarity on that front doesn’t help Efl either. It only can have misled them to thinking we were more non compliant than we actually were. this was a point picked up by the IDc as we obviously didn’t mislead deliberately as the note taken literally actually made it look worse than it was. but what IDc didn’t pick up on was that if the note suggested we were obviously non compliant why wasn’t that challenged by Efl in 2016? Link to comment Share on other sites More sharing options...
Anag Ram Posted January 25, 2022 Share Posted January 25, 2022 22 minutes ago, PistoldPete said: Is that main BBC news or just east mids? Main BBC news. Punjabi rams were on as part of the Radio 5 story. Trouble is, just highlights the issue, doesn’t solve it. Link to comment Share on other sites More sharing options...
The Scarlet Pimpernel Posted January 25, 2022 Share Posted January 25, 2022 No matter what the outcome of our situation I would of thought there must be an independent in depth review of the EFL's role in all this. RoyMac5, Indyram, Dordogne-Ram and 2 others 5 Link to comment Share on other sites More sharing options...
RoyMac5 Posted January 25, 2022 Share Posted January 25, 2022 angieram and Carnero 2 Link to comment Share on other sites More sharing options...
i-Ram Posted January 25, 2022 Share Posted January 25, 2022 (edited) 48 minutes ago, David said: Were you googling Bumdungeon again? Edited January 25, 2022 by i-Ram PistoldPete, Steve How Hard?, Jon Bon Pony and 5 others 8 Link to comment Share on other sites More sharing options...
Crewton Posted January 25, 2022 Share Posted January 25, 2022 8 hours ago, Bobby said: and I won’t mention Will Hughes cheating to try and win a penalty. Thanks for not mentioning it. ? I'm sure most of us can't even remember this incident, and I think it's pathetic of you to raise it as some kind of equivalence with QPR overspending by over £40M, but we can remember O'Neill's professional foul that stopped a potential one-on-one and epitomised a cynical display by a club which, at the time, was itself the epitome of arrogance and entitlement. I also have to say that your supporters behaved without a scrap of humility that day, and for a long time afterwards. No-one would argue that QPR haven't been on a long, hard journey since, and appear to be doing it the right way now. But, after some reasonable contributions, you're falling into the same mindset that I see in most QPR fans on Social Media : that you are the only victims of your behaviour. You were lucky you got promoted, you were lucky that PDs weren't a punishment then, you were lucky Mel Morris decided not to sue you for compensation, and you were even more lucky that it wasn't Middlesbrough you beat in that final. PistoldPete, Betty Swollocks, Ramrob and 11 others 1 9 4 Link to comment Share on other sites More sharing options...
kevinhectoring Posted January 25, 2022 Share Posted January 25, 2022 7 hours ago, Indy said: But when their own regs define “EFL-compliant” accounts as passing audit standards It’s clearer to say audited accounts have to be delivered but if those accounts don’t reflect EFL rules then the EFl can challenge them. Makes perfect sense not least because an audit is far from a guarantee that accounts show a true and fair view etc Link to comment Share on other sites More sharing options...
PistoldPete Posted January 25, 2022 Share Posted January 25, 2022 24 minutes ago, Anag Ram said: Main BBC news. Punjabi rams were on as part of the Radio 5 story. Trouble is, just highlights the issue, doesn’t solve it. It raises awareness. Well done Punjabi Rams GB SPORTS, HorsforthRam, Crewton and 2 others 5 Link to comment Share on other sites More sharing options...
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