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31 Comments
Article Rating 2.33 Stars

All quiet on the Derby front

Derby has been charged by the FL, and essentially accused of cheating, yet the media has had hardly anything to say about it.. Can you imagine if it was Leeds?

posted on 18/1/20

Comment Deleted by Site Moderator

comment by Sol (U2745)

posted on 18/1/20

comment by Why have cotton when you can have silk. (U22200)
posted 5 minutes ago
comment by Sol (U2745)
posted 3 minutes ago
comment by Why have cotton when you can have silk. (U22200)
posted 5 seconds ago
comment by Sol (U2745)
posted 1 minute ago
comment by Why have cotton when you can have silk. (U22200)
posted 1 minute ago
It's simple, you in the past tense on JA you had the name Tommy Towton, am I right or wrong?
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Aren't you the lad who accidentally live-streamed himself w@nking over Stavros Flatley from BGT?
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Accidentally
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Just hope you were looking at the Dad not the lad.
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You stick to keeping the dirties faithful up to date sucking off Marcelo
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In all seriousness the opening poster has a point, as borne out by yersen. Whilst he's referring to the press, the Derby fans on here are using deflection with regards to your financial shenanigans.

Past user names
Don Revie
Brian fooking Clough
Saint Mel
Yawn
Steve Gibson
Praising flatpack stadia
"Independent" Derby fan surveyors
Fat Frank
The 2-4

Not one of you c8nts has even tried debating this.

Deflect, deflect, deflect.

posted on 18/1/20

EFL fecked up.

Wait and see that he who laughs last laughs longest.

comment by Sol (U2745)

posted on 18/1/20

comment by Why have cotton when you can have silk. (U22200)
posted 2 minutes ago
EFL fecked up.

Wait and see that he who laughs last laughs longest.
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Great db8 m8

posted on 18/1/20

Beats master.....8ates.

comment by Sol (U2745)

posted on 18/1/20

comment by Why have cotton when you can have silk. (U22200)
posted 51 seconds ago
Beats master.....8ates.
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¯\_(ツ)_/¯

posted on 20/1/20

comment by Why have cotton when you can have silk. (U22200)
posted 1 day, 15 hours ago
2-4

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Yep you've got it, that'll be the direction you're going in, from division 2 right down to.......

comment by Sol (U2745)

posted on 21/1/20

‘Unusual accounting’ may have cost Derby further £30 million

Matt Lawton, Chief Sports Correspondent
January 21 2020, 12:01am,
The Times

The breach of League rules involves the valuation of Derby’s Pride Park
The breach of League rules involves the valuation of Derby’s Pride Park

Derby County may have incurred losses of as much as almost double the permitted £39 million for a three-year period after introducing an “unusual” accountancy policy for players.

Last week Derby were charged by the Football League with a breach of its rules that involves the valuation of their Pride Park Stadium. Derby responded on Friday night by declaring the EFL charges “unlawful”, with the matter likely to end in court. But The Times understands the club may have suffered a further £30 million in losses in the three seasons up to June 2018 because of an accounting policy said to be unique to the English game.

Most clubs have a policy which recognises a player is worth nothing at the end of their contract, so his value decreases in proportion to the length of time left on his deal.

It means if a £10 million player signs a four-year contract, the club calculates a loss of £2.5 million a year. But Derby introduced a policy at the start of the three-year period in question that involved applying “residual values” with an amortisation rate, sources say, nearer 10 per cent.

If the EFL calculates Derby’s losses using the standard amortisation rate, it could potentially mean an even greater breach of its profit and sustainability rules.

Kieran Maguire, a lecturer in football finance at Liverpool University, who alerted the EFL to the introduction by Derby of “residual values” in June 2018, described it as an “unusual accountancy practice”, even if it is not illegal.


The Sky Bet Championship club avoided sanctions over its stadium sale by using a company owned by the chairman and owner, Mel Morris, to buy Pride Park for £81.1 million. As The Times revealed last week, however, an independent valuation commissioned by the EFL is said to have come in at about £49 million.

If found guilty, Derby could be hit with a points deduction. Birmingham City, their Championship rivals, were deducted nine points last season after being found to have breached the EFL’s profitability and sustainability rules. The EFL said that the club had incurred losses of nearly £48.8m between 2015 and 2018 — almost £10 million more than the accepted level.

Derby last night declined to comment but they made it clear last Friday that they would ”strongly contest” the charges.

comment by Sol (U2745)

posted on 21/1/20

https://www.dailymail.co.uk/sport/sportsnews/article-7909171/Derby-face-Charity-Commisson-probe-sponsor-32Reds-cash-Community-Trust-programme.html

comment by Sol (U2745)

posted on 22/1/20

Villa up next.
_______________

Aston Villa's sale of their ground to a company controlled by the club's owners has yet to be signed off by the Premier League, raising the prospect that they could follow Derby and Sheffield Wednesday in being charged as a result of the controversial accounting practice.

Sportsmail has learned that the Premier League are still seeking independent valuations for Villa Park, which was sold for £56.7million last May to NSWE Stadium Limited — a contentious deal which, if approved, should enable them to comply with the EFL's profit and sustainability (P&S) rules.

Villa were in the Championship for the three-year accounting period in question between 2016 and 2019, but the matter was passed on to the Premier League after they were promoted last May.

https://www.dailymail.co.uk/sport/football/article-7917941/Premier-League-probe-Aston-Villas-56million-stadium-sale.html

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