comment by VOF - what could possibly go wrong now? (U17124)
posted 25 minutes ago
The Derby deal had an independent valuation.
Who conducted it?
-----------------------------
Would guess an independent valuer but it's just a stab in the dark. Trust this helps.
My you Leeds fans do bear a grudge about us pi$$ing on your parade last May.
Can you tell me how you value a football stadium. It is difficult as without a club it probably only worth the scrap and land value but with a club to occupy it the value increases dramatically. Look how much Tottenham were prepared to spend on their stadium. The cost of building another similar stadium would be much higher than the £80M.
When fans of clubs with rickety old grounds like Forest, Leeds and Wednesday criticise modern stadia they don't seem to notice things like pillars blocking the view, disgusting smelly toilets poor spectator facilities.
When a Stadium is valued at its worth then nobody would argue!..
Thing is even with a newer Stadium with its newer(better?)newer toilets and the odd miss placed pillars and not forced to be better facilities, someone around any club just might think they can pull a fast one and pay what their Stadium isn't worth!..
Spart, how much do you think your Stadium is worth?..
Because there seems to be people in the know that don't think its worth what your bosses do!..
And pissing on our parade?.....I blame "our" players and some "dumb" play not your club!..
So the EFL get their own surveyor. And with all the spotlight on it and who their client is they will be minded to value it on the low side. Somewhere around the value of that Elland Rd toilet.
And are we then to accept that valuation as fair.
This is total boIlocks pure and simple.
To some your Stadium valuation might not be worth as much as that Elland Rd toilet, but to someone its worth more!..
Seems a lot more!..
It comes down to professional judgment in these cases. With an asset like a football stadium there is no guide. The surveyor would know the approximate cost of building a new one and the approximate cost of the land and materials. The valuation would be anywhere between these two figures. Stadia do not change hands frequently enough and they are all so different that any valuation is a wet finger in the air estimation.
The cost of building a new one? For insurance purposes that might be more than the valuation of the stadium, but come on, it's bang slap in the middle of a retail park in Derby. Elland Rd was bought back for £20m 2 years ago, there is no way on this planet Pride Park is worth 80m!
there is no way on this planet Pride Park is worth 80m!
In your expert opinion.
The entire city of Derby's not worth 80 million.
It's not opinion that matters
Derby statement
_______________
Derby County Football Club acknowledges receipt of an EFL notice of charges in respect of the Club’s valuation associated with the sale of Pride Park stadium in June 2018, and further in respect of the Club’s amortisation policy associated with intangible fixed assets (players).
The club will strongly contest the challenge to the valuation of Pride Park stadium, as well as the newly notified charge in respect of intangible fixed asset amortisation.
As a matter of law, the EFL is not entitled to bring either of the charges, having previously agreed to all of the arrangements surrounding the stadium sale and never having raised the issue of player amortisation before. The Club shall argue that the very bringing of the Charges itself is unlawful.
At all times, the Club has acted transparently with the EFL in its submissions for both FFP/P&S and, in respect of the charges above, had received written approval for all of its submissions in respect of this legislation. No allegation has been raised to the contrary by the EFL. Rather, the EFL now claims that it made a “mistake.”
The Stadium was valued by professional valuers immediately prior to the transaction. The transaction and valuation were discussed extensively with the EFL Executive, which asked for a relatively modest price adjustment which was accepted. The valuation report was prepared by a highly reputable and professional and independent firm, with industry experience, who had valued the stadium on two prior occasions, one in 2007, and one in 2013.
The Club discussed the rationale for the stadium sale with the EFL Executive, ahead of the transaction, supplied and discussed the valuation, and bar a small adjustment in respect of its FFP/P&S submissions, the Club was given written approval.
With regard to the Club’s player amortisation policy, this has been a long-term accounting policy and was again reported transparently to the EFL Executive as part of the Club’s submissions and these were again approved and signed off in writing.
While the Clubaccepts the EFL’s FFP/P&S regulations are complex and open to interpretation, it is critical when such matters have been discussed and reviewed in detail, that written approval from the EFL is the only basis on which a Club can be assured it has complied. These charges by the EFL Executive bring this fundamental aspect of governance into question. The EFL now claims it made a mistake and seeks to punish the Club that relied on the EFL’s approval. Such conduct is neither lawful nor fair.
Had the EFL not given the green light in writing in respect of both charges, the Club would have reacted accordingly. The Club cannot re-trace the steps of the actions it legitimately took in good faith as a result of EFL approval of both matters.
The EFL can choose to correct what they now see as an error in their decisions. However, it cannot punish the Club for its own errors. The Club shall therefore vigorously contest the charges and the EFL’s legal right to bring them. The Club and all staff will be making no further comment on these matters.
https://www.dcfc.co.uk/news/2020/01/club-statement-17th-january-2020
The fat granny $hagger will have to bale them outš¤£
“You lot may all be internationals, and have won all the domestic honours there are to win under Don Revie. But as far as I’m concerned, the first thing you can do for me is chuck all your medals and all your caps and all your pots and all your pans into the biggest f*cking dustbin you can find. Because you’ve never won any of them fairly. You’ve done it all by cheating.”
same old...same old
Zigger Zagger, the bit left over from Brian Cloghs toiletries!..
Int it odd that your so called super club isn't as good as Forest?..
But like you say, we won more and the cheating I'd say is from the trophies we should have won but people in power took them away!..
Stuff you stupid!..
Comment deleted by Site Moderator
Comment deleted by Site Moderator
comment by Zigger Zagger (U6905)
posted 13 hours, 18 minutes ago
“You lot may all be internationals, and have won all the domestic honours there are to win under Don Revie. But as far as I’m concerned, the first thing you can do for me is chuck all your medals and all your caps and all your pots and all your pans into the biggest f*cking dustbin you can find. Because you’ve never won any of them fairly. You’ve done it all by cheating.”
same old...same old
----------------------------------------------------------------------
What on earth gives you the idea that Clough's views are meaningful to Leeds fans?
Try to stay on topic, this thread is about sanctimonious Derby cheating.
Comment deleted by Site Moderator
comment by Cal Neva - Lisa For Leader (U11544)
posted 1 minute ago
comment by Sol (U2745)
posted 7 seconds ago
comment by Zigger Zagger (U6905)
posted 13 hours, 18 minutes ago
“You lot may all be internationals, and have won all the domestic honours there are to win under Don Revie. But as far as I’m concerned, the first thing you can do for me is chuck all your medals and all your caps and all your pots and all your pans into the biggest f*cking dustbin you can find. Because you’ve never won any of them fairly. You’ve done it all by cheating.”
same old...same old
----------------------------------------------------------------------
What on earth gives you the idea that Clough's views are meaningful to Leeds fans?
Try to stay on topic, this thread is about sanctimonious Derby cheating.
----------------------------------------------------------------------
I haven't seen one of their fans show an ounce of humility in this. They come across as very arrogant.
----------------------------------------------------------------------
Do you know what? I would show humility and anger towards my club if there was a CASE PROVEN (about FFP etc)
Have you taken time to read the club's statement and rebuttal?
Whilst your doing a two fingered shuffle over Derby County, have a look at the case presented. According to you the EFL has Derby 'bang to rights' and that's that.
Have a bit of dignity about calling on Derby fans to show a bit of humility - why?
If I want to make a cheap shot, I could say that the play- off semi in your backyard has traumatised you more than you realise and this is 'pay-back'
But of course it didn't and it isn't. Because you said so.
Comment deleted by Site Moderator
comment by ViewFromDeWallen (U1581)
posted 5 minutes ago
comment by Cal Neva - Lisa For Leader (U11544)
posted 1 minute ago
comment by Sol (U2745)
posted 7 seconds ago
comment by Zigger Zagger (U6905)
posted 13 hours, 18 minutes ago
“You lot may all be internationals, and have won all the domestic honours there are to win under Don Revie. But as far as I’m concerned, the first thing you can do for me is chuck all your medals and all your caps and all your pots and all your pans into the biggest f*cking dustbin you can find. Because you’ve never won any of them fairly. You’ve done it all by cheating.”
same old...same old
----------------------------------------------------------------------
What on earth gives you the idea that Clough's views are meaningful to Leeds fans?
Try to stay on topic, this thread is about sanctimonious Derby cheating.
----------------------------------------------------------------------
I haven't seen one of their fans show an ounce of humility in this. They come across as very arrogant.
----------------------------------------------------------------------
Do you know what? I would show humility and anger towards my club if there was a CASE PROVEN (about FFP etc)
Have you taken time to read the club's statement and rebuttal?
Whilst your doing a two fingered shuffle over Derby County, have a look at the case presented. According to you the EFL has Derby 'bang to rights' and that's that.
Have a bit of dignity about calling on Derby fans to show a bit of humility - why?
If I want to make a cheap shot, I could say that the play- off semi in your backyard has traumatised you more than you realise and this is 'pay-back'
But of course it didn't and it isn't. Because you said so.
----------------------------------------------------------------------
You only have to read your accounts to see you're taking the pi$$ with regards to player amortisation.
Why you haven't been pulled up on this before is baffling, but it's not an excuse. The EFL has to work on the principle of accepting in good faith the documents clubs submit.
This is long overdue for the championship's most self-righteous club.
Derby. The Donald Trump of the Championship.
Sign in if you want to comment
Derby charged with excess losses (FFP/P&S)
Page 3 of 4
posted on 17/1/20
80m for that flat pack??
posted on 17/1/20
comment by VOF - what could possibly go wrong now? (U17124)
posted 25 minutes ago
The Derby deal had an independent valuation.
Who conducted it?
-----------------------------
Would guess an independent valuer but it's just a stab in the dark. Trust this helps.
posted on 17/1/20
My you Leeds fans do bear a grudge about us pi$$ing on your parade last May.
Can you tell me how you value a football stadium. It is difficult as without a club it probably only worth the scrap and land value but with a club to occupy it the value increases dramatically. Look how much Tottenham were prepared to spend on their stadium. The cost of building another similar stadium would be much higher than the £80M.
When fans of clubs with rickety old grounds like Forest, Leeds and Wednesday criticise modern stadia they don't seem to notice things like pillars blocking the view, disgusting smelly toilets poor spectator facilities.
posted on 17/1/20
When a Stadium is valued at its worth then nobody would argue!..
Thing is even with a newer Stadium with its newer(better?)newer toilets and the odd miss placed pillars and not forced to be better facilities, someone around any club just might think they can pull a fast one and pay what their Stadium isn't worth!..
Spart, how much do you think your Stadium is worth?..
Because there seems to be people in the know that don't think its worth what your bosses do!..
And pissing on our parade?.....I blame "our" players and some "dumb" play not your club!..
posted on 17/1/20
So the EFL get their own surveyor. And with all the spotlight on it and who their client is they will be minded to value it on the low side. Somewhere around the value of that Elland Rd toilet.
And are we then to accept that valuation as fair.
This is total boIlocks pure and simple.
posted on 17/1/20
To some your Stadium valuation might not be worth as much as that Elland Rd toilet, but to someone its worth more!..
Seems a lot more!..
posted on 17/1/20
It comes down to professional judgment in these cases. With an asset like a football stadium there is no guide. The surveyor would know the approximate cost of building a new one and the approximate cost of the land and materials. The valuation would be anywhere between these two figures. Stadia do not change hands frequently enough and they are all so different that any valuation is a wet finger in the air estimation.
posted on 17/1/20
The cost of building a new one? For insurance purposes that might be more than the valuation of the stadium, but come on, it's bang slap in the middle of a retail park in Derby. Elland Rd was bought back for £20m 2 years ago, there is no way on this planet Pride Park is worth 80m!
posted on 17/1/20
there is no way on this planet Pride Park is worth 80m!
In your expert opinion.
posted on 17/1/20
The entire city of Derby's not worth 80 million.
posted on 17/1/20
It's not opinion that matters
posted on 17/1/20
Derby statement
_______________
Derby County Football Club acknowledges receipt of an EFL notice of charges in respect of the Club’s valuation associated with the sale of Pride Park stadium in June 2018, and further in respect of the Club’s amortisation policy associated with intangible fixed assets (players).
The club will strongly contest the challenge to the valuation of Pride Park stadium, as well as the newly notified charge in respect of intangible fixed asset amortisation.
As a matter of law, the EFL is not entitled to bring either of the charges, having previously agreed to all of the arrangements surrounding the stadium sale and never having raised the issue of player amortisation before. The Club shall argue that the very bringing of the Charges itself is unlawful.
At all times, the Club has acted transparently with the EFL in its submissions for both FFP/P&S and, in respect of the charges above, had received written approval for all of its submissions in respect of this legislation. No allegation has been raised to the contrary by the EFL. Rather, the EFL now claims that it made a “mistake.”
The Stadium was valued by professional valuers immediately prior to the transaction. The transaction and valuation were discussed extensively with the EFL Executive, which asked for a relatively modest price adjustment which was accepted. The valuation report was prepared by a highly reputable and professional and independent firm, with industry experience, who had valued the stadium on two prior occasions, one in 2007, and one in 2013.
The Club discussed the rationale for the stadium sale with the EFL Executive, ahead of the transaction, supplied and discussed the valuation, and bar a small adjustment in respect of its FFP/P&S submissions, the Club was given written approval.
With regard to the Club’s player amortisation policy, this has been a long-term accounting policy and was again reported transparently to the EFL Executive as part of the Club’s submissions and these were again approved and signed off in writing.
While the Clubaccepts the EFL’s FFP/P&S regulations are complex and open to interpretation, it is critical when such matters have been discussed and reviewed in detail, that written approval from the EFL is the only basis on which a Club can be assured it has complied. These charges by the EFL Executive bring this fundamental aspect of governance into question. The EFL now claims it made a mistake and seeks to punish the Club that relied on the EFL’s approval. Such conduct is neither lawful nor fair.
Had the EFL not given the green light in writing in respect of both charges, the Club would have reacted accordingly. The Club cannot re-trace the steps of the actions it legitimately took in good faith as a result of EFL approval of both matters.
The EFL can choose to correct what they now see as an error in their decisions. However, it cannot punish the Club for its own errors. The Club shall therefore vigorously contest the charges and the EFL’s legal right to bring them. The Club and all staff will be making no further comment on these matters.
https://www.dcfc.co.uk/news/2020/01/club-statement-17th-january-2020
posted on 17/1/20
Derby. Fooking a-holes.
posted on 17/1/20
The fat granny $hagger will have to bale them outš¤£
posted on 17/1/20
“You lot may all be internationals, and have won all the domestic honours there are to win under Don Revie. But as far as I’m concerned, the first thing you can do for me is chuck all your medals and all your caps and all your pots and all your pans into the biggest f*cking dustbin you can find. Because you’ve never won any of them fairly. You’ve done it all by cheating.”
same old...same old
posted on 18/1/20
Zigger Zagger, the bit left over from Brian Cloghs toiletries!..
Int it odd that your so called super club isn't as good as Forest?..
But like you say, we won more and the cheating I'd say is from the trophies we should have won but people in power took them away!..
Stuff you stupid!..
posted on 18/1/20
Comment deleted by Site Moderator
posted on 18/1/20
Comment deleted by Site Moderator
posted on 18/1/20
comment by Zigger Zagger (U6905)
posted 13 hours, 18 minutes ago
“You lot may all be internationals, and have won all the domestic honours there are to win under Don Revie. But as far as I’m concerned, the first thing you can do for me is chuck all your medals and all your caps and all your pots and all your pans into the biggest f*cking dustbin you can find. Because you’ve never won any of them fairly. You’ve done it all by cheating.”
same old...same old
----------------------------------------------------------------------
What on earth gives you the idea that Clough's views are meaningful to Leeds fans?
Try to stay on topic, this thread is about sanctimonious Derby cheating.
posted on 18/1/20
Comment deleted by Site Moderator
posted on 18/1/20
comment by Cal Neva - Lisa For Leader (U11544)
posted 1 minute ago
comment by Sol (U2745)
posted 7 seconds ago
comment by Zigger Zagger (U6905)
posted 13 hours, 18 minutes ago
“You lot may all be internationals, and have won all the domestic honours there are to win under Don Revie. But as far as I’m concerned, the first thing you can do for me is chuck all your medals and all your caps and all your pots and all your pans into the biggest f*cking dustbin you can find. Because you’ve never won any of them fairly. You’ve done it all by cheating.”
same old...same old
----------------------------------------------------------------------
What on earth gives you the idea that Clough's views are meaningful to Leeds fans?
Try to stay on topic, this thread is about sanctimonious Derby cheating.
----------------------------------------------------------------------
I haven't seen one of their fans show an ounce of humility in this. They come across as very arrogant.
----------------------------------------------------------------------
Do you know what? I would show humility and anger towards my club if there was a CASE PROVEN (about FFP etc)
Have you taken time to read the club's statement and rebuttal?
Whilst your doing a two fingered shuffle over Derby County, have a look at the case presented. According to you the EFL has Derby 'bang to rights' and that's that.
Have a bit of dignity about calling on Derby fans to show a bit of humility - why?
If I want to make a cheap shot, I could say that the play- off semi in your backyard has traumatised you more than you realise and this is 'pay-back'
But of course it didn't and it isn't. Because you said so.
posted on 18/1/20
Comment deleted by Site Moderator
posted on 18/1/20
comment by ViewFromDeWallen (U1581)
posted 5 minutes ago
comment by Cal Neva - Lisa For Leader (U11544)
posted 1 minute ago
comment by Sol (U2745)
posted 7 seconds ago
comment by Zigger Zagger (U6905)
posted 13 hours, 18 minutes ago
“You lot may all be internationals, and have won all the domestic honours there are to win under Don Revie. But as far as I’m concerned, the first thing you can do for me is chuck all your medals and all your caps and all your pots and all your pans into the biggest f*cking dustbin you can find. Because you’ve never won any of them fairly. You’ve done it all by cheating.”
same old...same old
----------------------------------------------------------------------
What on earth gives you the idea that Clough's views are meaningful to Leeds fans?
Try to stay on topic, this thread is about sanctimonious Derby cheating.
----------------------------------------------------------------------
I haven't seen one of their fans show an ounce of humility in this. They come across as very arrogant.
----------------------------------------------------------------------
Do you know what? I would show humility and anger towards my club if there was a CASE PROVEN (about FFP etc)
Have you taken time to read the club's statement and rebuttal?
Whilst your doing a two fingered shuffle over Derby County, have a look at the case presented. According to you the EFL has Derby 'bang to rights' and that's that.
Have a bit of dignity about calling on Derby fans to show a bit of humility - why?
If I want to make a cheap shot, I could say that the play- off semi in your backyard has traumatised you more than you realise and this is 'pay-back'
But of course it didn't and it isn't. Because you said so.
----------------------------------------------------------------------
You only have to read your accounts to see you're taking the pi$$ with regards to player amortisation.
Why you haven't been pulled up on this before is baffling, but it's not an excuse. The EFL has to work on the principle of accepting in good faith the documents clubs submit.
This is long overdue for the championship's most self-righteous club.
posted on 18/1/20
hahahahaaaaaaaa direby
posted on 18/1/20
Derby. The Donald Trump of the Championship.
Page 3 of 4