AnotherDerbyFan
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Posts posted by AnotherDerbyFan
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19 minutes ago, Davefevs said:
Ta. Makes me wonder even more what is gonna come out, if the above is so, yet EFL still pressing ahead with their charge.
As I said, it’s an all or nothing situation. You’re either innocent, egg on EFL’s face or guilty, book thrown at you.
According to Derby's statement, the EFL have even admitted to making a "mistake". It makes me think we'll be found innocent due to the EFL's incompetence, but rules re-written to prevent this happening in future.
The only problem with that being the rules will no longer be aligned with the Premier League. Would we need to wait for them to change their P&S rules at the same time?
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On 17/01/2020 at 08:16, Davefevs said:
£10m seems excessive for the players wwhose contract will expire at the end of the season.
Forsyth - £200k signing in 2013, so little impact when released. likely £10-15k pw.
Huddlestone - £2m signing. Small P&S impact when released. c£25k pw
Bennett - Academy graduate, so little P&S impact when released. Low £1,000's pw.
Anya - £4m signing and a big impact on P&S when released. c£30k pw.
Martin - Free transfer, so little impact when released. c£40k pw.The worst case being what ever it costs to wipe out the amortisation remaining, will be balanced out by reduced wages. This also ignores the reduction in wages over the past 2 years, estimated to be £10m lower since the 17/18 season ended.
20 hours ago, Mr Popodopolous said:Good post @Davefevs
I see comments underneath stating that the EFL authorised it. EFL...or Harvey? Two very different things!
Besides which, maybe they authorised the actual transaction in respect of 'Yes, you can sell and leaseback the stadium...' but that's it! Price can be adjusted, cases can be reopened retrospectively- or maybe there was an ambiguity- those conversations in summer 2018 would be fascinating to have seen, heard- have been a fly on the wall at.
Oh yeah, the Amortisation method thing- suppose the flipside might be that profits on players sold are lower under residual value though...definitely seems like it was more of a boost for Derby than not though.
In the case of Derby (club statement), the EFL Executive was involved in all stages of the stadium sale, as well as giving approval and signing it off in writing. The EFL also gave us written approval for the use of our amortisation policy.
17 hours ago, Mr Popodopolous said:Forgot to add, for any club who has been proven to have been guilty of breaching FFP and perhaps cheating enroute to promotion.
In addition to the appropriate points penalty- overspend, mitigation, aggravating etc, based on the tariff system they should also forfeit their parachute payments or the right to have them count as FFP income.
Perhaps on a sliding scale, ie the bigger the breach the bigger the removal!
At the moment clubs with parachute payments seem to spend that money in the hope of going up before the tap's turned off. Once one of these club's is heavily punished, I expect the attitude of relegated clubs to change.
Stoke are the ones to watch as they need to offload the high earners to reduce their spend on wages. But, at the same time, they can't sell anyone without making a loss on them, and harming their P&S results in the process. It's why they've loaned so many out rather than selling them. Instead of selling them for a bit of cash, P&S actually encourages them to do otherwise... that sounds like the opposite to what P&S is supposed to achieve.2 hours ago, Davefevs said:One of the things a couple of us have questioned is “Sean Harvey”. By that I mean we wonder whether club owners have spoken to him about their plans, he’s said “yes, that’s fine”, but not formally agreed by the EFL.
There have been a few quotes from Villa, Derby, etc (interestingly all the clubs now being questioned officially, in Villa’s case the PL) saying the EFL agreed it, but never (to my understanding) being able to get the actual EFL to confirm in writing. Hence our thinking that Sean said it was ok, but that he may have been operating out of his jurisdiction and therefore giving a bum steer. If that’s the case, it’s probably a bigger mess.
Think on either side it’s all or nothing.
See my reply to the second quote above.
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The Championship FFP Thread (Merged)
in Football Chat
Posted
The EFL currently is aligned, is it not? That's why we were able to sell our stadium for a P&S profit... PL rules allowed it but the EFL's (for Championship clubs) previously didn't. The rules were aligned so promoted clubs failing P&S would be punished by the PL (QPR being a prime example). Some obviously didn't check the rules before giving them the thumbs up..