Still owe Poznan money for a player that they have since sold, and looks like they missed a payment last month. https://theathletic.com/news/derby-...s-move-to-mls-side-charlotte-fc/2AIJyv1w9nHy/ This as well as it being reported that their funds for the rest of the season has come from another loan, and reports that they turned down bids for their highest paid player. I can't see how the EFL can't do anything bar kick them out in the close season, unless a takeover is complete in enough time before fixtures come out, they're just taking the p*** now.
It's not them I have beef with. It's Reading having a deferred penalty and only getting a six point deduction. That deferred amount might be the difference between us staying up or going down at the end of the season. I'd feel cheated if we went down on that footing.
I've got a new Programme Manager at work who's a Derby fan and his brother is chairman of one of the supporters group. I've resisted from saying anything too controversial thus far but it's only a matter of time
The administrators are hardly covering themselves in glory through this process and i think the EFL have been incredibly lenient given the continued lack of assurances given. I can genuinely see Derby being liquidated. And though others may want that, I do think it would be a sad day for football that such a thing has been allowed to happen over decades.
I don't want any club to fold. The fans are the real losers. There has to be a level playing field though and some actual rules, not things that can be negotiated or put back. That has been the problem in recent seasons. Why Reading didn't get the 12 point deduction is crazy, but it is the EFL.
Another Micky take. They've managed to spread the risk of the punishment over two seasons while keeping players like Swift and Joao, signing new players, paying the manager off etc... It will be a sad day. But at some point, it might have to happen to a bigger club (bigger than Bury anyway), so clubs can wake up to the lunacy of what they are doing.
I used to think like that, but now I don't think a big club going out of business would send out a message. If Derby went under, I don't see Bournemouth for example changing their approach, as the prize of getting back into the Premier League is too great for their owners.
I must admit, that used to be my train of thought. But then Rangers had to start from the bottom and seemingly are paying crazy money over the odds again. There have been plenty of times when it seemed there were opportunities for sanity to emerge, but it never does. If Sky collapsed (which isn't likely), you'd have an Amazon or equivalent taking over and carrying on the merry go round. It's insane. And the EFL are purposely hamstrung with the veiled threat of an EPL2. It's just a mess and I genuinely don't see how we get beyond this.
I don't understand how they can take loans out after admin. If I was an original creditor I'd be seething. I bet the administrator is getting paid in full though!
Sadly yes, the administrator manages the finances and as such will always prioritise their own fees to be paid through the process which will be far in excess of the true cost of an internal team administering the company through to finding a buyer.
I think we'd be one of the clubs that benefitted from a franchise system. Conway and Co would want a piece of the Premier League pie. I know they haven't put any of their own money up thus far but if they thought they were being left behind I'm sure they'd find the money from somewhere.
I can sell a car that I own on finance but only after settling the debt first. That’s not happened here so isn’t it a crime?
Brian Clough and Peter Taylor will be turning in their graves over this state of affairs. They picked up a struggling Second Division team and turned them into First Division Champions, playing in Europe, with great players like Roy McFarland and Dave Mackay gracing their ploughed field of a pitch. Somehow I can't see Rooney in the same light. He will take them down this season and then move on when someone else comes knocking. The club will probably survive, somehow, and their fans will continue flocking there in great numbers. In the end nothing much will change and, once recovery is complete, they will start throwing the money around again chasing past glories.
And don’t forget taking pleasure in and taunting fans of struggling clubs because of them playing within the rules and/or trying to be a sustainable as they can.
Can’t understand why Ashley hasn’t been appointed yet. Looking at the way he ran Newcastle down I’d say he was the perfect fit. At least there’s no worries about breaking FFP rules with him in charge
I’ve read somewhere that they were allowed to turn a bid down for Lawrence because the money was not being paid ‘up front’?????
Valid points, but something needs to change. The current FFP / Proft & sustainability rules clearly aren't fit for purpose, so needs to be changed to something more like real time enforcement. Won't come unless regulation is forced onto the sport I saw that somewhere as well. Probably on here. But it's crazy that a club can refuse the option to get their highest earner off the wage bill, with installments due into the club, while taking out loans to pay wages. Depends on how much he's offering for the club. If it's not going to satisfy creditors' demands, they can't accept it. He's probably waiting for the wreckage to get worse before coming in.