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Post by rickyqpr on Jun 26, 2021 7:58:54 GMT
www.bbc.co.uk/sport/football/57604421 www.examinerlive.co.uk/sport/football/news/derby-county-still-face-prospect-20888571Wycombe have got a point - these delays cost real money to injured parties. Wycombe owner Rob Couhig has accused Derby of "systematic cheating" and has threatened to sue the Pride Park outfit for millions of pounds if his club are denied a place in the Championship because of the timing of a disciplinary appeal. The English Football League released "interchangeable fixtures" for Derby and Wycombe on Thursday amid an ongoing Financial Fair Play case against the Rams. Derby were fined £100,000 and ordered to resubmit their accounts by an EFL disciplinary commission. That came after an independent arbitration panel decided the club had not followed standard accountancy rules in making their original submissions. The EFL has the option to appeal against the punishment and may call for a points deduction - which could see the Rams relegated from the Championship. Wycombe were relegated on the final day of last season, finishing one point behind Derby. A Derby statement on Thursday said the club disputed that a points deduction would be an appropriate or lawful punishment to be imposed retrospectively, "altering the final league placings after the season has already finished". But Couhig feels Derby deserve to be punished further. "It is beyond disappointing that a club can systemically cheat and end up with a slap on the wrist," he said. "You have years upon years of violating the rules. "I don't want to sound bitter about it. It is not over yet, obviously. But it just doesn't make any sense. "A £100,000 fine is what you would expect to receive if it was merely a technical [breach]. "In this case it was way beyond technical. That is what the appellant panel said." The Rams were cleared of breaching Financial Fair Play rules last year. However, the EFL appealed against the decision to an independent tribunal and won the element of the case concerning how the club measured the value of players - called amortisation. On Wednesday, the EFL said Derby had been fined and also issued with a reprimand as to their future conduct. The club have also been ordered to file restated accounts for financial years ending 30 June 2016, 2017 and 2018 "together with updated profit and sustainability calculations if necessary", the EFL said. BBC Sport has been told any further breaches will be dealt with through further charges. BBC Sport has been told the EFL produced an interchangeable fixture list to allow for the entire case to run its course. Although, in accepting there is no timescale, the EFL has left open the potential for it to run beyond 7 August, when the domestic season is due to begin. Derby County still face prospect of League One drop after punishment for EFL financial breach The fixture list for 2021/22 with include Derby County and Wycombe Wanderers interchangeably pending the outcome of a league appeal against the fine levied on the Rams That could mean that Wycombe Wanderers are reinstated despite finishing third from bottom last season. The long-running saga relates to league rules over how player values should be written off over time in their club accounts. Last month the EFL won an appeal to have a disciplinary commission decision in Derby’s favour overturned, but when meting out their punishment that independent body has now opted to dole out a fine alone and not a points deduction like the twelve points Sheffield Wednesday were docked last year. That was later reduced to six points but still made the difference between the Owls staying up or going down in the end, with Rotherham United and Wycombe joining them in dropping into League One. But with the EFL still holding the right to appeal the punishment Derby have been given, Wycombe will be included interchangeably with Derby when the EFL release fixtures for the Championship and League One on Thursday morning. A statement on the EFL website published late on Wednesday night said: “An independent Disciplinary Commission has delivered its verdict on sanctions for Derby County relating to ongoing disciplinary proceedings. “In May, an Independent League Arbitration Panel ruled that the Disciplinary Commission was wrong to dismiss the League’s expert accountancy evidence, which demonstrated that the Club’s policy regarding the amortisation of player registrations was contrary to standard accounting rules. “More specifically, the panel determined that the Club’s policy was not in accordance with accounting standard FRS102 because it failed to accurately reflect the manner in which the Club takes the benefit of player registrations over the lifetime of a player’s contract. “Tonight, the Disciplinary Commission has announced that the sanction to be imposed in respect of those breaches, is a financial penalty of £100,000 to be paid to the EFL and a reprimand for the Club as to its future conduct regarding the preparation of its Annual Accounts. “In addition, the Club has also been ordered to file restated accounts for financial years ending 30 June 2016, 2017 and 2018 that meet the requirements of FRS102, together with updated Profit & Sustainability calculations if necessary. Both Derby County and the EFL have the right to appeal that sanction decision. “That being the case, ahead of the publication of the 2021/22 season fixture lists on 24 June at 9am, the EFL can confirm that it has developed an interchangeable fixture list for Derby County and Wycombe Wanderers, while the disciplinary process is finalised. “The fixture list for both the Championship and League One will be published in full based on the 2020/21 final standings, pending any appeals relating to this decision.” That could mean Wycombe starting life in League One before the final outcome of the case is known. "If we don't get a decision until after we have started and we were forced to play in League One, my suspicion would be Derby would owe Wycombe for the losses we would sustain for not playing in the Championship in 2021-22 and any reasonably projected economic losses," Couhig said. "So we are looking in the region of £10m-£15m of potential losses for a Derby club which, the last time I looked, is having some trouble paying its creditors. "We would have an obligation to look into [suing them]. If it was the best thing for the club, yes, that is what we would do."
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LifeR
Ian Holloway
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Post by LifeR on Jun 26, 2021 12:24:15 GMT
Hoping (unrealistically) for full and prompt justice on this, if only to see Wild Thing back in the Championship.
With limited resources last season, Wycombe played really well at times and never gave up.
Do other clubs, such as the Rs hierarchy, have a vote in the matter?
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Post by Lonegunmen on Jun 27, 2021 1:44:11 GMT
Should it be Wycombe or Rotherham back?
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Post by Marc on Jun 27, 2021 2:44:43 GMT
Wycombe finished 3rd from bottom
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Post by Deleted on Jun 27, 2021 8:12:23 GMT
The simple way to bring this to a quick end is to re-instate Wycombe and relegate Derby and then let Derby try to appeal. If they did appeal I'm sure they would push it quickly to try to stay in the Championship for the start of the season.
If things stay as they are Derby will go through appeal after appeal and drag this out until well into the new season or beyond when it may not be too late to relegate them but too late for Wycombe.
If they do stay up a 36 point deduction would be a nice start to the new season for Rooney and anyone who wants to take over the club. The above basically says they have mistreated their FFP accounts for the last 4 seasons at least - 9 points deduction per season seems fair to me!
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LifeR
Ian Holloway
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Post by LifeR on Jun 27, 2021 11:22:03 GMT
The simple way to bring this to a quick end is to re-instate Wycombe and relegate Derby and then let Derby try to appeal. If they did appeal I'm sure they would push it quickly to try to stay in the Championship for the start of the season. If things stay as they are Derby will go through appeal after appeal and drag this out until well into the new season or beyond when it may not be too late to relegate them but too late for Wycombe. If they do stay up a 36 point deduction would be a nice start to the new season for Rooney and anyone who wants to take over the club. The above basically says they have mistreated their FFP accounts for the last 4 seasons at least - 9 points deduction per season seems fair to me!
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LifeR
Ian Holloway
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Post by LifeR on Jun 27, 2021 11:34:50 GMT
(Sorry all, tech problems on my end prevented my comment from being actually visible)
Great suggestion Ali.
Makes far too much sense and straightforward.
Consequently will not be adopted by the quislings who run the league.
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Post by Lonegunmen on Jun 28, 2021 5:25:13 GMT
Easy to swap the name "Derby" with "Wycombe" on the fixture list and visa versa.
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Post by rickyqpr on Jun 29, 2021 12:40:53 GMT
Derby County chaos is unravelled by a football finance expert Stoke City are busy preparing for another new season in the Championship, but Derby County aren't even sure as to what division they will be in on the 7th of August There are fewer than six weeks to go until the start of the new Championship season, but Stoke City and 22 of their rivals are still unsure if they will be mixing it with Derby County or Wycombe Wanderers. Derby are involved in an ongoing dispute with the EFL regarding accounts filed between 2015 and 2018 and how players were valued on their books. An independent panel has fined the Rams £100,000 for breaching EFL's accounting rules and asked the club to resubmit three years of financial figures. The door is left open for an appeal by the EFL and/or Derby, a potential points penalty and a furious debate about whether that should or would be applied to the 2020/21 season - leading to relegation and Wycombe's reprieve - or next season. The Athletic wrote: "To be clear, the EFL believes it does not need any new breach to ask for a points penalty: the intention to game FFP by using a prohibited amortisation method is enough to merit punishment, perhaps as much as three points for every season the method was used. Nine points, then? "But, to be equally clear, the disciplinary commission disagrees and thinks a fine is sufficient." Derby are currently under a transfer embargo meaning they can only sign free agents on wages that are deemed 'sensible' - and only if they have fewer than 23 established players on the books. They have a crisis of numbers at centre-back in particular. The club released a statement on Thursday morning saying they expected to take their place in the Championship in the upcoming season. Speaking on the popular Price of Football podcast, football finance guru Kieran Maguire tried to unravel the chaos. He said: “(Derby have) said we cannot be relegated because the season has ended and therefore it is illegal. However, if we wind the clock back 12 months, Macclesfield Town were relegated (from League Two) on the 11th of August, 2020, after the season had ended, so I’m not sure where they would stand because a precedent has been set. “The Derby statement also said the EFL wanted a points deduction but points out that the independent panel had not given a points deduction, though I’m not sure whether it’s in their (the panel’s) remit to do so. “They also complained that the reasons behind the adjudication had not been given out in full either. “You can see it from everybody’s point of view. And there’s another party involved, and that’s Derby County auditors. Derby County’s auditors approved the changes to amortisation policy. These are qualified charted accountants. They approved them in 2016, they approved them in 2017, and they approved them in 2018. “The reputation of the auditors could take a hammering. If you go to the website of the auditors, which I did, I found the guy who signed off the accounts. And he probably hasn’t helped himself by saying in his personal profile that ‘I’m a passionate Derby County fan’. Auditors are supposed to be independent. That doesn’t look too clever. It’s a very messy situation. “Derby now have to resubmit their account. I’ve done some calculations. The rough figures are that Derby are going to be close to, but not necessarily exceeding, the £39m limit. It could come in under that, but the EFL could appeal. "All the time, the clock is ticking to the 7th of August (when the season starts), and the appeal by either side has to be in by the 18th of August so we could have the crazy situation where Wycombe and Derby - in theory, and I can’t see how this can work in practice - having played two or three games and then end up in different divisions. "That’s unfair on all the clubs in the Championship and League One.” 7 The drop in income that Derby would suffer if they were sent down to the third tier would be significant in comparison to the £100,000 fine. “Derby, potentially, are looking at a drop in TV money of at least £6m. Plus, their sponsors will probably have a relegation clause, plus the crowds could be down. So they could be looking at the thick end of £10m,” added Maguire. “Equally, Wycombe Wanderers are going to worse off on the back of relegation and could say ‘we’ve known this has been going on for some time, we feel we’re the innocent party’.” www.stokesentinel.co.uk/sport/football/football-news/derby-county-efl-championship-stoke-5587206
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Post by Marc on Jul 2, 2021 17:01:31 GMT
And that's the end of that www.bbc.co.uk/sport/football/57701348Derby will play in the Championship next season after the English Football League decided to not to appeal against a decision to just fine the club for their accounting policies. The Rams were fined £100,000 and ordered to resubmit their accounts by an EFL disciplinary commission. The EFL could have appealed against the verdict and called for a points deduction - which would have seen the Rams relegated.
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Post by rickyqpr on Jul 2, 2021 21:21:46 GMT
Yes but Derby have to resubmit their 3 years of recalculated accounts. The assumption being that without the creative accounting, they would have breached FFP rules. The EFL can then apply the penalty accordingly with a 21/22 points deduction. It scoots around the Wycombe complaint who are left with the option of a legal case for damages against Derby. But stops the uncertainty and counter appeals. I am not condoning the decision to abandon the appeal, but it is a tidy get out. Assuming of course that a FFP breach is forthcoming though.
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Post by rickyqpr on Jul 8, 2021 17:59:07 GMT
Derby County, Reading & Hull City among eight clubs under EFL transfer embargoes Last updated on4 hours ago4 hours ago. From the sectionFootball Derby County Derby are one of the eight clubs under a transfer embargo at present Derby, Reading and newly-promoted Hull are among eight English Football League clubs under transfer embargoes a month before the start of the new season.
The embargoes limit a club's ability to make signings, with sanctions preventing transfer fees being paid.
Fleetwood Town and Gillingham from League One have also been sanctioned.
Swindon Town, already struggling with off-field issues, plus Oldham Athletic and Sc**thorpe United are the three League Two teams under embargoes.
The EFL have started publishing a list of clubs under embargoes following a change in regulations voted for by EFL clubs last month.
Derby's embargo continues Having avoided relegation from the Championship on the final day of season and then again when the EFL decided not to appeal against a decision to only fine the club rather than deduct points for their accounting policies, confirmation of the embargo is a blow to Rams boss Wayne Rooney in terms of building a squad to challenge in 2021-22.
Derby's on-going embargo will continue as the EFL states they have failed to comply with the following conditions:
Regulation 16.2 - Failure to provide audited annual accounts Regulation 16.3 - Annual accounts not filed with Companies House Regulation 17 - Default in payments to Her Majesty's Revenue & Customs Regulation 51.2.3 - Default in paying transfer fee instalments Profit and Sustainability Rules - non-submission of audited accounts The club has until 18 August to fulfil the EFL's requirements to resubmit their accounts for 2016, 2017 and 2018 in the 'normal' way, knowing they will be charged if they breach profit and sustainability rules again.
In addition, the clearing up of their recent dispute with the EFL, which saw them fined £100,000, now means they can submit subsequent accounts which had been delayed because of that case.
Embargo adds further complications to struggling Swindon At the opposite end of the EFL, Swindon, who are in the midst of an ownership wrangle the EFL described as "concerning" and have just seven first-team players, have also been placed under an embargo for several factors:
Regulation 16.2 - Failure to provide audited annual accounts Regulation 16.3 - Annual accounts not filed with Companies House Regulation 17 - Defaults in payments to HMRC Article 48 - Non-payment to Football Creditors Rule 10.1 of League Two Salary Cap Management Protocol - Failure to submit SCMP Calculation Conditions under monitored loan agreement The embargo is a further complication of a troubled summer for Swindon, who were relegated from League One last season after winning the League Two title the previous campaign.
The Robins are currently without a manager after John McGreal left after less than a month in charge, BBC Radio Wiltshire reported that the players and staff have not been paid for June and the club is also facing legal action by Swindon Borough Council over unpaid rent at the County Ground.
Profit and sustainability rules affect Reading Reading are deemed to have breached profit and sustainability rules, while Hull's embargo is based on "conditions under monitored loan agreement", as is that applied to Fleetwood, Oldham and Sc**thorpe.
These terms relate to loans which were made available to clubs in Leagues One and Two during the pandemic, which on application meant clubs had to agree to specific squad sizes and playing budget.
Sheffield Wednesday have been released from their previous embargo, following relegation to League One.
What do the embargoes mean for signing players? Under the EFL's operational rules surrounding embargoes, clubs do have some means of strengthening their squads "to protect the integrity" of the competition.
Clubs are permitted to 'staff up' so they have 23 players of professional standing, which is termed as players to have made at least one appearance for any club in any first-team competition.
If they have less than 23 players they are allowed, within a transfer window, to sign free agents on a maximum of one-year deals or bring in players on loan for up to half a season.
However, clubs cannot pay loan fees for players and cannot pay additional wages on top of the salary the player receives at their parent club.
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Post by Lonegunmen on Jul 8, 2021 21:03:23 GMT
No Chelsea, City, United or Liverpool in that list.
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Post by Deleted on Jul 9, 2021 8:12:09 GMT
No Chelsea, City, United or Liverpool in that list. They are not in the EFL so would only appear on any PL or UEFA list.
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Post by rickyqpr on Jul 26, 2021 21:23:26 GMT
Who would be a Derby fan this season? Wayne Rooney is under further scrutiny at Derby after it emerged he was responsible for the injury which has sidelined midfielder Jason Knight for up to 12 weeks. Rooney, the Derby manager, went in for a challenge on Knight during a training game and left the Republic of Ireland international with an ankle injury which threatens to rule him out for at least two months of the crisis-hit Championship club's season. The incident occurred at Pennyhill Park, the luxury hotel and spa in Surrey where Derby recently stayed for a pre-season training camp, with Rooney taking part to make up the numbers due to the club's lack of players. Rooney has only nine registered senior players, with two of those goalkeepers, and the absence of Knight is another damaging blow to Derby's campaign as their legal row with the Football League continues. It is understood that Rooney's challenge with Knight was a "50-50" and an accident, but it is the 20-year-old academy product who is now facing an extended period out of action. Rooney has endured a difficult weekend after reporting a range of photographs to Greater Manchester Police which appeared to show him asleep in a hotel room with a group of young women. www.telegraph.co.uk/football/2021/07/26/wayne-rooney-left-derby-midfield
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Post by Lonegunmen on Jul 26, 2021 22:20:11 GMT
Who would be a Derby fan this season? Wayne Rooney is under further scrutiny at Derby after it emerged he was responsible for the injury which has sidelined midfielder Jason Knight for up to 12 weeks. Rooney, the Derby manager, went in for a challenge on Knight during a training game and left the Republic of Ireland international with an ankle injury which threatens to rule him out for at least two months of the crisis-hit Championship club's season. The incident occurred at Pennyhill Park, the luxury hotel and spa in Surrey where Derby recently stayed for a pre-season training camp, with Rooney taking part to make up the numbers due to the club's lack of players. Rooney has only nine registered senior players, with two of those goalkeepers, and the absence of Knight is another damaging blow to Derby's campaign as their legal row with the Football League continues. It is understood that Rooney's challenge with Knight was a "50-50" and an accident, but it is the 20-year-old academy product who is now facing an extended period out of action. Rooney has endured a difficult weekend after reporting a range of photographs to Greater Manchester Police which appeared to show him asleep in a hotel room with a group of young women. www.telegraph.co.uk/football/2021/07/26/wayne-rooney-left-derby-midfield404 - Sorry, page not found Perhaps this page has been moved or the URL has been mistyped Use the link below to return to the homepage or use our contact form to let us know about this issue, alternatively find something different to read from the list below. Oh dear. He's old enough and had more domestic issues than most. You'd think he'd learn. I clicked on the link but got the above emssage.
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Post by Deleted on Jul 27, 2021 6:57:13 GMT
Who would be a Derby fan this season? Wayne Rooney is under further scrutiny at Derby after it emerged he was responsible for the injury which has sidelined midfielder Jason Knight for up to 12 weeks. Rooney, the Derby manager, went in for a challenge on Knight during a training game and left the Republic of Ireland international with an ankle injury which threatens to rule him out for at least two months of the crisis-hit Championship club's season. The incident occurred at Pennyhill Park, the luxury hotel and spa in Surrey where Derby recently stayed for a pre-season training camp, with Rooney taking part to make up the numbers due to the club's lack of players. Rooney has only nine registered senior players, with two of those goalkeepers, and the absence of Knight is another damaging blow to Derby's campaign as their legal row with the Football League continues. It is understood that Rooney's challenge with Knight was a "50-50" and an accident, but it is the 20-year-old academy product who is now facing an extended period out of action. Rooney has endured a difficult weekend after reporting a range of photographs to Greater Manchester Police which appeared to show him asleep in a hotel room with a group of young women. www.telegraph.co.uk/football/2021/07/26/wayne-rooney-left-derby-midfieldPenneyhill Park - For those who know it, it is a very expensive location - for a club in Financial trouble not a wise place to hold a training camp!
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Post by corndog on Jul 28, 2021 17:03:42 GMT
Who would be a Derby fan this season? Wayne Rooney is under further scrutiny at Derby after it emerged he was responsible for the injury which has sidelined midfielder Jason Knight for up to 12 weeks. Rooney, the Derby manager, went in for a challenge on Knight during a training game and left the Republic of Ireland international with an ankle injury which threatens to rule him out for at least two months of the crisis-hit Championship club's season. The incident occurred at Pennyhill Park, the luxury hotel and spa in Surrey where Derby recently stayed for a pre-season training camp, with Rooney taking part to make up the numbers due to the club's lack of players. Rooney has only nine registered senior players, with two of those goalkeepers, and the absence of Knight is another damaging blow to Derby's campaign as their legal row with the Football League continues. It is understood that Rooney's challenge with Knight was a "50-50" and an accident, but it is the 20-year-old academy product who is now facing an extended period out of action. Rooney has endured a difficult weekend after reporting a range of photographs to Greater Manchester Police which appeared to show him asleep in a hotel room with a group of young women. www.telegraph.co.uk/football/2021/07/26/wayne-rooney-left-derby-midfield404 - Sorry, page not found Perhaps this page has been moved or the URL has been mistyped Use the link below to return to the homepage or use our contact form to let us know about this issue, alternatively find something different to read from the list below. Oh dear. He's old enough and had more domestic issues than most. You'd think he'd learn. I clicked on the link but got the above emssage. Got the same thing, probably had to remove the story www.bbc.com/news/uk-england-manchester-57989881The blackmail complaint was dropped by the police. It doesn't look like Rooney did anything bad, except for putting himself in a bad position while probably out partying with the boys. Either way, Derby is in a dumpster fire and it looks like the media will have plenty of material from them this season.
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Post by rickyqpr on Aug 6, 2021 17:10:09 GMT
So the season starts tomorrow and Derby are very much in the mire. They have to field kids tomorrow for their opening game having signed only three of their trialist today. Morris had said they hoped to sign all eight - Tom Carroll was not one of the three. Ravel Morrison has posted some strange messages on social media - so I think he may have walked away. Rooney meanwhile draws a huge salary, still loved by the journos it seems, but what a task he has. Presumably, he would never get that sort of money elsewhere and has hardly proved himself as a manager anyway. It seems that the club has lost its potential buyers now. It is yet to put season tickets up for sale this season. The club has to resubmit accounts for the last three years and could face points deductions as a consequence. If wages are late, they face further sanctions. There must be a risk that the club will not be able to complete their fixtures this season . Or perhaps Morris will place the club into administration, accepting the 12 points penalty and relegation. It may be the only way he can get out from under. The ground has already been sold, the playing staff has next to no book value remaining. Could the club go the way of Bury and Macclesfield and be the first big club to fold? We have been there ourselves, although I don't think our plight was as bad as this one. Our owners could also have walked away when the FFP fine was handed out. So we are fortunate to be looking forward this season when some clubs are really vulnerable. It raises a fundamental question though. How can clubs be penalized for their indiscretions whilst preserving the integrity of the league. I think that Derby's treatment has been pretty lenient to date considering the scale of their failings, but if I was a Derby fan, I would be very worried.
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Post by harr on Aug 6, 2021 18:07:21 GMT
Sure Cheloram will update us with what the heck is going on, must admit not a big fan of Rooney as a Manager. Player top class, Manager not so sure. They only avoided the drop by a whisker .
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Post by Lonegunmen on Aug 6, 2021 22:34:15 GMT
I don't like to see any club fold unless it's one of the "Big Top 6", however, everyone else is not good to see. Especially lower league sides. I wonder how many clubs the 34 year Old Messi with his 1.2 Million USD per WEEK could have saved?? I used him as an example of how seriously screwed up Football actually is and with a Corrupt FIFA in charge. Perhaps it is time for Football and all concerned readdress just where their priorities lay. Do they want a game? A Club that is Stable? Players earning slightly more than the average wage - equally? Or do they want to carry on and destroy football as we know it? No wonder Barca & Real were banking on the Super League. Tough luck, now learn to manage Football properly.
As for Derby, a once decent club that entertained us with Gemmill, James, & George? Fit and proper owners my arse!! I actually feel for their fans. Just like I do for any other of the Lower League clubs. It's like stealing the soul from the game.
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Post by Marc on Aug 7, 2021 9:52:04 GMT
I don't like to see any club fold unless it's one of the "Big Top 6", however, everyone else is not good to see. Especially lower league sides. I wonder how many clubs the 34 year Old Messi with his 1.2 Million USD per WEEK could have saved?? I used him as an example of how seriously screwed up Football actually is and with a Corrupt FIFA in charge. Perhaps it is time for Football and all concerned readdress just where their priorities lay. Do they want a game? A Club that is Stable? Players earning slightly more than the average wage - equally? Or do they want to carry on and destroy football as we know it? No wonder Barca & Real were banking on the Super League. Tough luck, now learn to manage Football properly. As for Derby, a once decent club that entertained us with Gemmill, James, & George? Fit and proper owners my arse!! I actually feel for their fans. Just like I do for any other of the Lower League clubs. It's like stealing the soul from the game. This^^^ The so-called big clubs have ripped the heart out of football over the past 30 years. I'm amazed that more lower league clubs haven't gone to the wall.
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Post by rickyqpr on Aug 18, 2021 10:15:18 GMT
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Post by Lonegunmen on Aug 19, 2021 8:13:42 GMT
And they won "away".
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Post by rickyqpr on Sept 17, 2021 19:56:27 GMT
Derby going into administration 12 point deduction No chance of finding a buyer About to agree a further 9 point deduction (with the EFL) for irregularities Wow....just wow! www.bbc.co.uk/sport/football/58604851
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Post by harr on Sept 17, 2021 20:54:48 GMT
From the BBC
Championship side Derby County are set to go into administration amid their continued financial problems.
The club, which is up for sale, said despite negotiations with a number of "credible parties", identifying a buyer was unlikely in the short term.
The English Football League confirmed they would face a 12-point deduction.
In a statement the Rams said Covid-19 had a "severe impact" on revenues and they "had no choice" but to appoint administrators to protect the club.
It claims the pandemic has cost them around £20m in lost revenue and left them "unable to service its day-to-day financial obligations".
"We cannot stress enough how devastating it is to be forced into this position," the board's statement said.
"This season, Covid-19 has continued to have a negative effect on revenues.
"Unlike other sectors, football has been able to only marginally reduce its cost base with the majority of outgoings being associated with playing staff who obviously could not be furloughed."
Derby, managed by former England captain Wayne Rooney, are 16th in the table with seven points from their first seven matches.
Rams already facing points loss
Their accounts for 2016, 2017 and 2018 are already being re-examined after they were found to have broken accounting rules and they could face more points deductions for that.
The Rams have been fined £100,000 and reprimanded in July by the English Football League for that breach.
The EFL are yet to comment on Derby's intention to appoint administrators.
Derby owner Mel Morris has been trying to sell the club since June 2019, but has already had two prospective sales fall through.
In March Derventio Holdings, who were backed by the Abu Dhabi-based Bin Zayed Group, saw their takeover bid end while another from Spanish businessman Erik Alonso was called off in May.
The Rams have been under a transfer embargo since before the summer window opened, meaning Rooney was only allowed to sign free agents with strict conditions on salaries.
On the field, the Rams have won just one of their seven league matches this season and drawn four, leaving them two points above the relegation zone.
Derby narrowly avoided relegation to League One last season by a point when they drew against Sheffield Wednesday in their final match.
Analysis
Ed Dawes - BBC Radio Derby's Derby County commentator
Fans will look at that statement today and think Derby County have been spending a lot in the last decade.
There've been some big wages, but this is the end-game for at least six years of questionable management of the business and the football club.
Football finance expert Kieran Maguire
The most important thing is that whatever happens at the end of this, there is still a Derby County to support.
It's not the end, but it's going to be a very tough period of time. You have to try and separate the football club from its owners and executives.
From afar, they appear to have really let everybody else down. The profligate expenditure since Mel Morris took over, wages effectively trebled from £16m in 2014 to £47m by 2018.
The club should not have been run as a vanity exercise for one individual.
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Ian Holloway
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Post by LifeR on Sept 17, 2021 21:21:56 GMT
This must rankle the Chairboys.
Lets hope they come right back up.
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Post by rickyqpr on Sept 18, 2021 8:10:26 GMT
You can look at Oldham and think how easily that could have been QPR without the support of our owners. You look at Derby and think - that could have been us if we had not stopped digging or trying to bend the rules.... But in Derby's case you can almost trace their decline back to an 89th minute Bobby Zamora moment. Had they gone up instead of us.....well, who knows what would have happened. Such fine margins - such huge consequences. But potentially 21 point deduction and a two year transfer embargo Morris must feel that he can either give the club away now or see it fold - but worrying time for the Derby supporters who are the ones who suffer from the ineptitude of foolish owners. Morris said to have lost £200m...staggering!
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Post by surreychad on Sept 18, 2021 10:19:27 GMT
You can look at Oldham and think how easily that could have been QPR without the support of our owners. You look at Derby and think - that could have been us if we had not stopped digging or trying to bend the rules.... But in Derby's case you can almost trace their decline back to an 89th minute Bobby Zamora moment. Had they gone up instead of us.....well, who knows what would have happened. Such fine margins - such huge consequences. But potentially 21 point deduction and a two year transfer embargo Morris must feel that he can either give the club away now or see it fold - but worrying time for the Derby supporters who are the ones who suffer from the ineptitude of foolish owners. Morris said to have lost £200m...staggering! I think we all feel for the fans (apart form the idiots who I met at the play off final) but not the owners who have bent every rule and got nothing to show for it.
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Post by harr on Sept 18, 2021 11:56:00 GMT
Be nice to get Chelorams take on things
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