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14 minutes ago, Hxj said:

No doubt it will be imminent!

I've posted enough to hopefully make you know I've been cynical throughout this. I don't think we'll be pushing the 31st deadline.

9 minutes ago, chinapig said:

Or are the owners life long Derby fans? You know, like Mel Morris.?

Dave is. Not seen him at Pride Park but plenty of times away from home. Morris' support seemed to begin when he took a financial stake 

6 minutes ago, Davefevs said:

Could be a personal purchase rather than through the business. The owner is loaded. 

Possible. He's involved one way or the other.

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2 minutes ago, Derby_Ram said:

I've posted enough to hopefully make you know I've been cynical throughout this. I don't think we'll be pushing the 31st deadline.

Dave is. Not seen him at Pride Park but plenty of times away from home. Morris' support seemed to begin when he took a financial stake 

Possible. He's involved one way or the other.

A personal rather than commercial purchase would explain the alleged generous rental terms certainly.

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Remember that Rovers fan claiming thy'd be in the Prem within five years? https://www.forestforum.co.uk/threads/44511-The-demise-of-Wayne-Rooney-s-D***y-County-(in-League-One)/page1205

Derby have fans like that too....

The comments on this are a fantastic read, they're winning the PL within 3 years after back to back promotions! Rams being the most passionate fans in the world!
PL winners in 2025! https://twitter.com/cskirchner/statu...ZAXZx7f9g&s=19

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I see that Gellaw Newco 202- the stadium company- have released their accounts albeit with very limited disclosures.

Zero rent. Now personally I'm not bothered if it is included within FFP/P&S transactions if it doesn't appear in that bit but it's pretty irregular set against all of the other stadium sale and leasebacks in an FFP context and actually rent receivable should be a thing.

Plus, it states that the stadium at the balance sheet date- no material change in perceived valuation, still £81m or thereabouts.

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Shouldn't bite but having a quick browse- some very chippy individuals on DCFCFans.

"Conspired to do to our club"- what a whiner! It's funny really, dunno where to begin with some of them but we knew that already.

One or two of them are complaining too about ongoing punishment or the risk therein- plus the possibility of unequal treatment. Well guess what, their case has been a) A unique combination of P&S AND administration, b) The largest debt pile in particular to HMRC of clubs who have hit the wall and c) The only club not to release accounts for 3 years.

Unique actions deserve unique solutions,

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Be interested in seeing what transfer restrictions they have to adhere to. 

We couldn't pay transfer fees or wages above a level cos of the prior rule breaks but surely Derby will be under even more stringent parameters given the administration aspects 

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image.thumb.png.0ccee5697009d74fd1c882634e0f4d77.png

Gotta laugh at some of the idiots.

Unlikely SL will get bored of it- stadium does much more than just football, as Pride Park frankly can too- underutilised ground if anything in that respect. As in good commercial revenue but likely could do more. Here? Great gig on Thursday night- never say never of course though, we are at risk as are many clubs if the owner no longer wishes to fund them or cannot fund them,

If I'm a moron, what does that make some- by no means all of them but some of them absolutely- of the howlers at the moon in certain contexts who inhabit that forum- they were so ignorant and probably in a lot of cases willfully so about the FFP issues that for all people say fans don't deserve it etc, they were deserving in the extreme as to what has happened to Derby Some who should know better still peddle the conspiracy line or the unfair/incorrect treatment line- it's amusing to see but actually incredible at the same time.

image.thumb.png.9af491da53c598afbc046b36a2e8c39f.png

Don't necessarily agree with the tax policy of SL- but the share conversion is merely what takes for ALL clubs, the equity bit- from lower to upper loss limit. It gives us no further advantage, in fact I assume that Derby have done or do the same. £15m in a 3 year period without=£39m with or anything in between- that's all it is.

They're coming into survival- as I always assumed they would, Derby but the EFL business plan won't allow extravagant expenditure- they should also read this bit again...I am sure that the indicative figures which formed the basis of the Agreed Decision were and have been accurate- if they aren't however, then I am sure the EFL will take a view.

For them to hit out at others for poor analysis and takes though is quite funny given the tidal wave of sheeeite on their forum in respect of these issues from the moment the Pride Park sale news emerged over 3 years ago via the charges, appeal, restatement, and through Professional Standing to the end point of the final Agreed Decision.

image.png.1b334aae213f5cc4f0b5fc11f20fcc05.png

https://ramstrust.org.uk/wp/dcfc-supporters-groups-meet-efl/

From mid Feb 2022 or so but do the EFL actually have the bona fide, restated accounts for the last 6 years? Only reason I ask is because the EFL Embargo Service has not yet removed a couple of them which should happen as soon as the accounts are in.

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13 minutes ago, REDOXO said:

I know fiendish bugger isn’t he! He even looks like Ernst Blofeld! 
 

(Let’s see how long that takes to be paraphrased on a certain forum)

The makers of James Bond once considered a villain who was a combination of Blofeld and Oddjob. 

They were going to call him Oddfeld............................

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15 minutes ago, REDOXO said:

I know fiendish bugger isn’t he! He even looks like Ernst Blofeld! 
 

(Let’s see how long that takes to be paraphrased on a certain forum)

I tried ( unsuccessfully) to upload video clip of Derby's Ninja fans attacking Mr Blofeldopolous's volcano base!

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13 minutes ago, chinapig said:

I'm not sure Dundry can be called a mountain.

I live in Lincolnshire Fenland and relative to the local landscape here Dundry is Himalayan!

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My slightly ranty digs aside last night, a few bits I don't understand- on their forum.

  1. The prior insistence over there that it was the CLUB accounts in isolation that appeared to be the standard for P&S/FFP. Except of course from 2016/`17 onwards it was a) the consolidated or at least consolidation of the club, plus Club DCFC, Stadia DCFC and DCFC Academy that formed the basis.
  2. Strangely, there was a bit of a doubling down on it last year when ordered to restate- running with Kieran Maguire's £30m in extra losses, although he added them to the club rather than Sevco 5112 estimates for FFP losses which was an error on his part. It's patently obvious that for FFP/P&S you have to consolidate all component parts as a starting point and then subtract what is required thereafter.
  3. The lack of critique/discussion about their auditors. Granted they maybe wary of the risks of libel, defamation etc but their signing off was surely somewhat discredited by subsequent events. Not illegal but non compliant under FRS 102 all the same. Were Derby lead up the garden path by dint of their approval- or did Mel Morris (somehow) lead Mr. Delve and the other Mr. Delve up it?

Yes I took the proverbial a bit with my Rick Parry comments but he has brought a sense of order to the FFP situation in the Championship, and he has been high up in 3 major Governing bodies in a football context- UEFA, the Premier League and the Football League. Plus his time at Liverpool?

Would also be good in the discussion between Kieran Maguire and them if someone mentioned a) The fact that the amortisation would rack up in the end and as a result a potential crunch might arise at some point and b) The allegation made by the Football League that Derby sought to exclude a chunk of amortisation costs via the Gellaw Newco 203 impairment on acquisition...there was a whole separate case about it in the 2020/21 season.

https://www.efl.com/contentassets/873a8914e09740d3b3a8848131ea10b8/efl-v-derby-county---decision-on-new-evidence.pdf

Posted before, but proof as if it were needed, as to what a devious and cynical bunch Derby's hierarchy have been.

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13 hours ago, Barrieowl said:

Be interested in seeing what transfer restrictions they have to adhere to. 

We couldn't pay transfer fees or wages above a level cos of the prior rule breaks but surely Derby will be under even more stringent parameters given the administration aspects 

Good post and welcome. That's a good point, the administration aspect and FFP combined is quite a unique situation and one that deserves a tailor made solution.

My personal preference is something like...

Quote
  • No transfer fees for 2-3 years.
  • No loan fees or highly limited loan fees for that too.
  • Similar with signing on fees.
  • Remuneration not exceeding £6k per week for a new signing- and the signing on fee if applicable would be included in this.
  • Same for new contracts of existing players who are set to expire.
  • Agents fees only a %- think Reading was 3% or 5%- of the wage cap.

Sure there was something else as well but this would give Derby something to work with but also uphold things and reflect the seriousness of their failings while upholding the interests of the League as a whole.

Edited by Mr Popodopolous
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42 minutes ago, Mr Popodopolous said:

Good post and welcome. That's a good point, the administration aspect and FFP combined is quite a unique situation and one that deserves a tailor made solution.

My personal preference is something like...

Sure there was something else as well but this would give Derby something to work with but also uphold things and reflect the seriousness of their failings while upholding the interests of the League as a whole.

We paid 300k loan and wages for BPF,  waste of coin

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5 minutes ago, chinapig said:

Maguire said the same a couple of weeks ago. Which is fine if they have met the conditions.

Yep, and as Mr P says, they might still be under severe embargo.

WR was very bullish that all the squad wanted to stay….the transfer rumours suggest otherwise.

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14 minutes ago, Davefevs said:

Thanks Dave. Even if the deal goes through tomorrow there is an awful lot here that should worry Derby fans as to how much money Kirchner actually has and in particular the power MSD has over the club.

The latter is a bit like Chelsea where the majority shareholder is Clearlake Capital not Ted Boehly - who has the real power there?

I can see more trouble coming down the track post takeover.

 

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There is a slight part of the regulations I don't quite get. Perhaps it's easily explainable?

When under embargo, new signings and contract renewals are not necessarily permissible- especially under the administration embargo.

What about existing options being taken up though? Reported within the last week that both Byrne and Buchanan have had extra year options activated- due to expire this summer but now 2023 it is.

There seems to be nothing in the Embargo Service FAQs that covers this specific aspect- and unsure the EFL regs shed much light either but will look again.

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8 minutes ago, Mr Popodopolous said:

There is a slight part of the regulations I don't quite get. Perhaps it's easily explainable?

When under embargo, new signings and contract renewals are not necessarily permissible- especially under the administration embargo.

What about existing options being taken up though? Reported within the last week that both Byrne and Buchanan have had extra year options activated- due to expire this summer but now 2023 it is.

There seems to be nothing in the Embargo Service FAQs that covers this specific aspect- and unsure the EFL regs shed much light either but will look again.

They must be within permitted wage limits. That’s the only reason I can give. Although I doubt any deals will be done until the sale has gone through. Both will be free to talk to other clubs on a Wednesday without needing permission from Derby. 

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1 hour ago, Bristol Rob said:

Haven't been following this of late.

Is the deal done, has the stadium purchase been agreed and can Derby fans relax over the summer?

Due to be finalised tomorrow according to Kirchner. Posted this a couple of days ago. Haven't seen any details about the stadium, creditors and so on though.

https://www.bbc.co.uk/sport/football/61605694

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23 hours ago, Mr Popodopolous said:

Apparently it is possible it will be delayed until June 1st...

On Twitter somewhere- link seems not to work, Elias Burke.

I thought EFL shares for the new season were issued today (31st) and they had given Kirchener this (last / latest) deadline for that reason.

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23 hours ago, Mr Popodopolous said:

Apparently it is possible it will be delayed until June 1st...

On Twitter somewhere- link seems not to work, Elias Burke.

Something to do with 30th May being Memorial Day in US….surely a businessman understands working days in relevant countries?

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Should add, Derby at least if a tweet by Kirchner is anything to go by appear to be capped at a max of £8k per week. Dunno if that's an average, for a single player or what.

Reasonable? I said £6k but I'm not hugely uncomfortable with £8k if true.

Edited by Mr Popodopolous
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3 hours ago, Monkeh said:

Has it or more to the point, will a takeover actually happen,

This is like crossing the t's and dotting the i's on rovers uwe stadium all over again

Thought it was supposed to happen on June 1st. Since then.....nothing. EFL have had their pants pulled down with so called deadlines happening over the past 12 months I can see this dragging into the new season imo.

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11 hours ago, Sir Geoff said:

Thought it was supposed to happen on June 1st. Since then.....nothing. EFL have had their pants pulled down with so called deadlines happening over the past 12 months I can see this dragging into the new season imo.

If it does, I think it’s an immediate 15 point deduction for starting a season in administration. I believe it’s a blanket penalty as well so no wriggle room.

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11 minutes ago, Davefevs said:

So is Kirchner using a US Holiday and 2 days UK Bank Holidays to eke this one out?

Despite another promised deadline being broken Derby fans don't seem to be bothered. They seem to have the same faith in him that they had in Morris.

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On 04/06/2022 at 10:01, GreedyHarry said:

If it does, I think it’s an immediate 15 point deduction for starting a season in administration. I believe it’s a blanket penalty as well so no wriggle room.

Derby......wriggle room?

The very thought of it!

 

 

 

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18 minutes ago, Derby_Ram said:

I'm waiting for this thread to get very hot. Imminently. ?

More than enough comments and rumors circulating up here to indicate that "forgot the Bank Holidays" was a convenient excuse for "You mean it really will cost that much ....".

Latest is that CK has put no cash into the club.  The wages were met by someone 'close to the club'.

Edited by Hxj
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So we have Ed Dawes of Radio Derby and the Mail saying the deal will collapse and Nixon saying it's held up by money laundering checks. The bank holiday/inefficiency of US banks excuses seem to have been dropped.

The thing with Nixon is that Derby fans slagged him off when he was saying things they didn't like then fell in love with him when he appeared to become Kirchner's mouthpiece.

I understand Derby fans desperate to save their club choosing to believe any positive stories but it's always sensible to be sceptical until the evidence suggests you shouldn't be.

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Ashley will be a safe pair of hands for Derby, has money, knows football, coped with being an unpopular owner and regardless of what Newcastle fans think, kept them solvent before moving the club on.

Amazed that things have got this far however, these deals always seem to collapse when it comes to the 'show us the money' question, which suggests this is a question that should be asked a lot earlier in the takeover process.

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51 minutes ago, Sir Geoff said:

Well, that's the least surprising news this week. Step forward Mike Ashley or bye bye Derby.

⬇️⬇️⬇️

16 minutes ago, Port Said Red said:

So how much do we think Kirchner is pocketing for being Ashley's stalking horse?

Not sure if it was you or one of the other wise sages (cynics ?) who suggested that many moons back.

Popcorn ready.

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