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The Administration Thread


Boycie

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6 minutes ago, kevinhectoring said:

Yes. Reflecting that the LAP judgement didn’t say: amortisation must be straight line. Instead it said: Derby’s method does not comply with FRS 102

Indeed, and the LAP said:

'Similarly, the Club knew that the Annual Accounts contained a description of the amortisation policy which we found to be non-compliant with FRS 102, but once again there is no basis on which to conclude that the Club knew (in the sense of ‘consciously appreciated’) that that description was non-compliant'

This compares with Leicester's huge £3.1m settlement for breaking FFP in that fateful 2013/14 season when they got promoted, where the EFL stated:

'the EFL acknowledges that the club did not make any deliberate attempt to infringe the rules or to deceive and that the dispute arose out of genuine differences of interpretation of the rules between the parties.'

I'm sure we all agree Leicester and Derby have both been punished to similar extents for differences in interpretation of the rules. 

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49 minutes ago, David said:

So let me get this right, 2 clubs were punished for breaching P&S rules, one of which was due to be asked to resubmit previously signed off accounts. 

Now Bristol City, Boro and a number of other clubs look set to breach, they increase the COVID losses an extra £2.5m to help those that were heading for points deductions.

Showing exactly why an independent regulator is needed for the game. 

Even if an extra £2.5m allowance wouldn't have prevented us from breaching, how is it fair to go moving the goalposts midway through the season? 

Duck off with your no vendettas, I hope whoever buys this club takes the EFL to court and absolutely destroys them, QC would have a field day against this lot. 

Even if it hadn’t stopped us breaching, wouldn’t it have lessened the points deduction because that’s based on how much you go over the limit? I’m raging ? 

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1 hour ago, Gritstone Ram said:

How about the 12 points for going into administration? Wasn’t Covid the main factor for that?

No Mel Morris’s incompetence at running a football club and thinking he was too clever for the EFL were the main Factor. The damage was done way before anyone even considered eating  a bat well past its sell by date 

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10 minutes ago, chezzyram said:

If the EFL took a unilateral decision to reinstate points then I suppose technically Reading haven't appealed. I have absolutely no idea of the legalities involved but I wouldn't put anything past them. 

I don't think the EFL are even that god damn stupid?‍♂️.

Secret phone call to Reading FC

Hello...is this Reading FC

Yes...who's calling please

Never mind my name, Have you seen the papers today

No...should I

Yes...go to any sports section and look at the Championship table

Why?

Just do it

Olivia...have you got a newspaper

Yes Geraldine I have

Can I borrow it for a minute

Sure, Do you want me to bring it to you or are you going to come and get it

I'll come and get it

Hello, Hello is there anyone there

Yes i'm still here

Well did you see the paper then

No not yet i'm going to fetch it from Olivia

Thanks Olivia

I've got it

Open to the sports page

Right i'm on the sports page

Look at the Championship table

Yes I have it, What am I looking for

Look and see how many points you have

It says 23 points

It should say 29 points

Hang on a second

Olivia

Yes

This is yesterdays paper

I know.

 

 

 

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To make it clear to anyone who thinks the EFL do not have a vendetta against us, exactly as Mel Morris stated, they wanted the points deduction that we have had this season, imposed last season, after the season had already finished, to ensure we were definitely relegated. This, again, is from the LAP document:

In the event that we were minded to impose a deduction of points, the EFL urged us to impose that deduction in the 2020/21 season.

The EFL was thus seeking (in effect) a retrospective points deduction; it was asking us to impose a points deduction for a season that had already been completed

 

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On 15/02/2022 at 18:05, Curtains said:

What section of 95 applies then Zac !?

 

“95.1.1    to submit those disputes described in Regulation 95.2 to final and binding arbitration ... 

 

95.2.5    other disputes between ... each Club arising from these Regulations or otherwise (‘Other Disputes’), unless such disputes were dealt with by way of the following proceedings ...

 

Sorry missed this post. The pruned version of reg 95 above answers the question 

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13 minutes ago, David said:

Just sent this to Rick Parry. I'm still yet to receive a reply to my previous email, just needed to vent my frustration. This isn't acceptable, you can't run football like this.

 

Screenshot 2022-02-17 at 18.41.40.png

Don’t give up mate, people who are able to identify and then articulate these issues are so so important at times like these. Good on you

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12 minutes ago, Orphanram said:

Putting feelings of the previous decisions the EFL has taken, does anybody genuinely think that the EFL would reinstate Reading’s points deduction?

Only if it was very obvious it would relegate us.

So about mid april i'm expecting it. they wouldn't want to do it too soon in case we overcame it.

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9 minutes ago, 1967RAMS said:

No Mel Morris’s incompetence at running a football club and thinking he was too clever for the EFL were the main Factor. 

So we broke a rule, that wasn't yet a rule, in what was defined by the LAP as not to be a conscious attempt at deception, and have been severely punished for this.

Some clubs in the Premier League employ people whose sole remit is to look at loopholes and to work up to the limit of P&S. 

Consider Dele Alli's transfer to Everton, where a way of him playing but no transfer fee being paid until it can actually be afforded next season has been used.

The difference is Rick Parry has been trying to stamp his authority on the EFL since his appointment, and unfortunately we are the case that is being used as a warning to other clubs. In the PL those with the money tend to write the rules, whereas in the EFL other factors appear to be at play as there isn't a 'big six' and the huge TV money deal to keep everyone sweet.

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Every time we have a bit of decent news we are slammed back by the EFL moving the goalposts to fit their agenda.

They want us relegated, end of story and it would not surprise me at all if Reading got some of their points back directly from the EFL.

The closer we get to getting out of administration and avoiding relegation, the more the EFL snakes squirm and think of new ways to have us over.

These changes of rules mid season surely cannot be legal from a governing body.

This needs to be brought up in parliament again to stop these crooks from running the league.

COYR?

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