Derby into Admin 21:57 - Sep 17 with 178070 views | TheRam | Fooking w@nkers. Actually feel sorry for the fans | | | | |
Derby into Admin on 18:26 - Mar 3 with 5883 views | Rangersw12 | Not Derby related but how have Stoke not got a points deduction
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Derby into Admin on 20:24 - Mar 3 with 5702 views | SimonD |
Derby into Admin on 18:26 - Mar 3 by Rangersw12 | Not Derby related but how have Stoke not got a points deduction
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There are a few considerations here. The holding company's financial year does not end in the close season so they will have to supply the EFL an adjusted set of accounts to cover the right period, so those losses won't be the correct ones for FFP. Stoke City FC's accounts to May 2020 which do cover an acceptable period show a loss of £88m. However they also detail £38m of Covid costs which get deducted from that: £4m lost revenue, £4m costs and £30m impairment. They have argued that the collapse of the transfer market due to Covid-19 has forced them to reduce the book value of their squad by that amount and claimed it as a Covid cost. It is also worth remembering that when their May 2021 accounts are released it is the average of the two years which will be used in their P&S calculation. With 2020 & 2021 counting as one year, the other two years are obviously 2019 and 2018. Stoke were in the Premier League for the season ending in 2018 and so are allowed a loss of £35m that season. Maybe, after allowing for their standard disallowable costs they will squeeze through. if they do they will have to change something pretty drastically to get through the next financial year without breaching FFP. | | | |
Derby into Admin on 20:58 - Mar 3 with 5597 views | TramoreRanger | Hey Simon, how's tricks? Haven't been over for a game for years and doesn't look like I'll get over any time soon, except for maybe the Play Off Final :-) If not will try for next season and get a ticket along side you, Graham and Beth in the back row, at least no knee cap problems.... Re you comment about Stokes figures that doesn't make a lot of sense is about the covid write off of book value with the collapse of the transfer market....... That to me looks like another loop hole and is not that dis-similar to Derby re-writing the amortisisation of the player values on imaginary transfer values, except Stoke have gone downwards whereas Derby if memory serves me correct went upwards........ That's really no more than an exceptional item of expensditure that is not quantifiable with any known facts, somebody has just effectively made it up....... Am I reading and understanding that correctly? Mind as it's nearing 9pm I'm probably reading it all wrong. Keep well mate..... Chris | | | |
Derby into Admin on 22:07 - Mar 3 with 5448 views | SimonD | I wouldn't disagree with anything that you've said Chris. Stoke have taken the unusual (in my experience) step of including this information in their accounts; there is no requirement to do so. They believe, well claim, that the amounts are non-speculative and produced in accordance with the guidance provided by the EFL. However, it wouldn't be a surprise to see this adjudicated on by Sports Resolutions at some point in the future. | | | |
Derby into Admin on 09:43 - Mar 12 with 4912 views | stowmarketrange |
That’s a bit of a drop in price for the stadium them.Morris bought it for £80 million,but the administrator is now looking at getting £20 million for it. | | | |
Derby into Admin on 09:49 - Mar 12 with 4875 views | RangersDave | Thought the stadium wasnt owned by the club? | |
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Derby into Admin on 10:03 - Mar 12 with 4800 views | terryb |
Derby into Admin on 09:49 - Mar 12 by RangersDave | Thought the stadium wasnt owned by the club? |
It's not, but as the administrators are the auditors for all of Morris's companies they may know a way round this problem! It would be a hefty loss in the accounts of the company that own Pride Park though. If DCFC do enter liquidation, Quantuma will have to bear a lot of the responsibility & have a lot of explaining to do. | | | | Login to get fewer ads
Derby into Admin on 10:25 - Mar 12 with 4723 views | RangersDave | cheers mate, Can they force the sale of the ground though? And anyway, on Monday it will be the start of the 3rd week of the unsanctioned (we believe) further extension. Surely the EFL has to pull the plug soon, or it could get messy down the bottom of the league ala Wycombe. it is beyond a joke. | |
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Derby into Admin on 10:38 - Mar 12 with 4697 views | loftboy |
30 million only pays off HMRC, surely after going to court to get preferential status they will dig their heels in on the first big case that has come up otherwise they leave themselves wide open for others to do the same, surely £50 million must be the minimum they can accept, not going to happen, reckon they will be an AFC by the summer. | |
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Derby into Admin on 10:46 - Mar 12 with 4675 views | terryb |
Derby into Admin on 10:25 - Mar 12 by RangersDave | cheers mate, Can they force the sale of the ground though? And anyway, on Monday it will be the start of the 3rd week of the unsanctioned (we believe) further extension. Surely the EFL has to pull the plug soon, or it could get messy down the bottom of the league ala Wycombe. it is beyond a joke. |
I suspect that the EFL will do all that it can to avoid having to take any action until all matches are completed this season (not including the playoffs). That is far easier to administer than removing Derby from the league & voiding all of their results. The bottom the league is fairly clear, but expunging the results could have major repercussions at the top of the table. Leaving DCFC floating about for another two months is the best option IMO. Of course, if they do escape liquidation, they are almost certain to start next season with a points deduction for failing to leave administration on time. | | | |
Derby into Admin on 10:54 - Mar 12 with 4633 views | stowmarketrange |
Derby into Admin on 10:46 - Mar 12 by terryb | I suspect that the EFL will do all that it can to avoid having to take any action until all matches are completed this season (not including the playoffs). That is far easier to administer than removing Derby from the league & voiding all of their results. The bottom the league is fairly clear, but expunging the results could have major repercussions at the top of the table. Leaving DCFC floating about for another two months is the best option IMO. Of course, if they do escape liquidation, they are almost certain to start next season with a points deduction for failing to leave administration on time. |
I did an updated table without Derby’s results on it last week,and the big losers are Blackburn and Middlesbrough at the top end of the league as they’ve gained 4 points from results against them.We lose 3 too,but nobody had managed to do the double over them yet,which is quite incredible really with the squad they have. | | | |
Derby into Admin on 10:56 - Mar 12 with 4621 views | themodfather | clubs never pay the full amount to HMRC and that is shameful cos they took the money, splashed it and didn't pay the tax at the time. warnock was very unhappy with the admin team at palace, are they there for the club? fans? themselves and the media attention? or the creditors? | | | |
Derby into Admin on 11:00 - Mar 12 with 4610 views | OldPedro |
Derby into Admin on 09:43 - Mar 12 by stowmarketrange | That’s a bit of a drop in price for the stadium them.Morris bought it for £80 million,but the administrator is now looking at getting £20 million for it. |
Shows yet again that the valuation of the stadium when Morris bought it from the club was complete boll ocks | |
| Extra mature cheddar......a simple cheese for a simple man |
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Derby into Admin on 10:22 - Mar 13 with 4166 views | CamberleyR |
He makes Conor Washington look prolific. | |
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Derby into Admin on 11:25 - Mar 13 with 4053 views | terryb |
Derby into Admin on 10:22 - Mar 13 by CamberleyR | He makes Conor Washington look prolific. |
Washington averages one goal in every three games in Division One. Certainly not a Championship player, but more than decent at one level below. | | | |
Derby into Admin on 11:42 - Mar 13 with 4022 views | QPR_Jim |
Probably linked to a takeover. They'll probably get new owners, same people who own this American club, then sell them a load of deadwood at over market price and become "sustainable" again. | | | |
Derby into Admin on 13:39 - Mar 16 with 2848 views | Terry49 | If the Derby results are kind to us we might just be the team who beats them on Easter Monday and seals their relegation. That would add to the population of Derby hating us even more. | | | |
Derby into Admin on 15:09 - Mar 16 with 2656 views | Lanhoop |
Seems that Derby have only paid Lech Poznan 25% of the original transfer fee. So they get £2m in but still owe £2.5m to them with a payment that was due in February still not paid. There's the right way to run a football club and then there is the DCFC way. | | | |
Derby into Admin on 15:19 - Mar 16 with 6839 views | toboboly |
Derby into Admin on 13:39 - Mar 16 by Terry49 | If the Derby results are kind to us we might just be the team who beats them on Easter Monday and seals their relegation. That would add to the population of Derby hating us even more. |
Ooooooooooh. Gives me a warm feeling that does. | |
| Sexy Asian dwarves wanted. |
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Derby into Admin on 15:36 - Mar 16 with 6745 views | stowmarketrange |
Derby into Admin on 13:39 - Mar 16 by Terry49 | If the Derby results are kind to us we might just be the team who beats them on Easter Monday and seals their relegation. That would add to the population of Derby hating us even more. |
Can we beat them with only 10 men again though please? | | | |
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