Derby ground sale being investigated by EFL on 10:22 - Sep 5 with 3699 views | Swansea_Blue | Obviously a workaround and not in the intended spirit of the rules, but I suspect you're right. It'll be dismissed out on a technicality or something because this specific case wasn't explicitly forbidden in the rule. or something like that. | |
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Derby ground sale being investigated by EFL on 10:24 - Sep 5 with 3680 views | Marshalls_Mullet |
Derby ground sale being investigated by EFL on 10:22 - Sep 5 by Swansea_Blue | Obviously a workaround and not in the intended spirit of the rules, but I suspect you're right. It'll be dismissed out on a technicality or something because this specific case wasn't explicitly forbidden in the rule. or something like that. |
Looks like they are investigating on the grounds of market value. Was the stadium worth £80m? | |
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Derby ground sale being investigated by EFL on 10:26 - Sep 5 with 3664 views | Swansea_Blue |
Derby ground sale being investigated by EFL on 10:24 - Sep 5 by Marshalls_Mullet | Looks like they are investigating on the grounds of market value. Was the stadium worth £80m? |
I hadn't read the article, but that seems a tad on the high side. You can build an identikit stadium like that for under £30m. | |
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Derby ground sale being investigated by EFL on 10:29 - Sep 5 with 3630 views | Deano69 | I thought they were the blueprint and model club for the championship (or so say TalkSport) #chokers | |
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Derby ground sale being investigated by EFL on 10:35 - Sep 5 with 3597 views | Metal_Hacker |
Derby ground sale being investigated by EFL on 10:29 - Sep 5 by Deano69 | I thought they were the blueprint and model club for the championship (or so say TalkSport) #chokers |
Or so a certain Jim White keeps stating | |
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Derby ground sale being investigated by EFL on 10:40 - Sep 5 with 3582 views | SWGF | Additionally
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Derby ground sale being investigated by EFL on 10:45 - Sep 5 with 3543 views | Guthrum |
Derby ground sale being investigated by EFL on 10:22 - Sep 5 by Swansea_Blue | Obviously a workaround and not in the intended spirit of the rules, but I suspect you're right. It'll be dismissed out on a technicality or something because this specific case wasn't explicitly forbidden in the rule. or something like that. |
I believe there are specific rules on not over-valuing transactions involving companies linked to the club's ownership. The justification that 'the ground is worth what somebody is prepared to pay for it' only holds water if it's an entirely external and unrelated buyer, not a company owned by Morris. | |
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Derby ground sale being investigated by EFL on 10:48 - Sep 5 with 3520 views | Swansea_Blue |
Derby ground sale being investigated by EFL on 10:45 - Sep 5 by Guthrum | I believe there are specific rules on not over-valuing transactions involving companies linked to the club's ownership. The justification that 'the ground is worth what somebody is prepared to pay for it' only holds water if it's an entirely external and unrelated buyer, not a company owned by Morris. |
Yep, I hadn't realised it was a ground valuation issue as opposed to simply the principle of selling the ground 'internally'. Fair point. £80m does seem a high valuation. | |
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Derby ground sale being investigated by EFL on 11:30 - Sep 5 with 3440 views | Bent_double | I actually think something will come of it - the eyes of the football world are on the EFL at the moment because of what they are doing/not doing in the cases of Bury and Bolton, so I think they will have to come out with a very firm statement of what will happen to Derby, something along the lines of, "We believe the true market value to be £30m (for example), so will use that figure when calculating the clubs expenditure under FFP". On that basis, Derby would either fail FFP and be fined or have points deducted, although I appreciate loses are calculated over 3 seasons now, or they will have to sell players to make up the shortfall. Or they might get promoted and not give a damn... | |
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Derby ground sale being investigated by EFL on 11:33 - Sep 5 with 3429 views | JammyDodgerrr |
Derby ground sale being investigated by EFL on 10:48 - Sep 5 by Swansea_Blue | Yep, I hadn't realised it was a ground valuation issue as opposed to simply the principle of selling the ground 'internally'. Fair point. £80m does seem a high valuation. |
IIRC, there is a valuation report on the stadium saying it was worth £40m. | |
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Derby ground sale being investigated by EFL on 11:38 - Sep 5 with 3415 views | Marshalls_Mullet |
Derby ground sale being investigated by EFL on 10:45 - Sep 5 by Guthrum | I believe there are specific rules on not over-valuing transactions involving companies linked to the club's ownership. The justification that 'the ground is worth what somebody is prepared to pay for it' only holds water if it's an entirely external and unrelated buyer, not a company owned by Morris. |
Agreed. A key principle of market value is the idea of the transaction having been made 'at arms length'. | |
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Derby ground sale being investigated by EFL on 11:39 - Sep 5 with 3412 views | BtreeBlueBlood | Could we get sponsors for the program boxes? | | | |
Derby ground sale being investigated by EFL on 11:59 - Sep 5 with 3347 views | Kieran_Knows | They'll get fined about £3.50 then. That'll teach them. | |
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Derby ground sale being investigated by EFL on 12:22 - Sep 5 with 3286 views | Superblue95 |
Derby ground sale being investigated by EFL on 11:30 - Sep 5 by Bent_double | I actually think something will come of it - the eyes of the football world are on the EFL at the moment because of what they are doing/not doing in the cases of Bury and Bolton, so I think they will have to come out with a very firm statement of what will happen to Derby, something along the lines of, "We believe the true market value to be £30m (for example), so will use that figure when calculating the clubs expenditure under FFP". On that basis, Derby would either fail FFP and be fined or have points deducted, although I appreciate loses are calculated over 3 seasons now, or they will have to sell players to make up the shortfall. Or they might get promoted and not give a damn... |
Wouldn’t it be a shame if a points deduction coupled with their current form led to relegation, the owner pulling the plug and a Bolton/Bury situation being created. Not going to happen unfortunately but it’s nice to dream | |
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Derby ground sale being investigated by EFL on 12:24 - Sep 5 with 3273 views | Guthrum |
Derby ground sale being investigated by EFL on 11:59 - Sep 5 by Kieran_Knows | They'll get fined about £3.50 then. That'll teach them. |
Under the new, tighter regulations, they might get a points deduction. | |
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Derby ground sale being investigated by EFL on 12:52 - Sep 5 with 3207 views | FPL_Tractor |
Derby ground sale being investigated by EFL on 12:24 - Sep 5 by Guthrum | Under the new, tighter regulations, they might get a points deduction. |
Might, but won't. | |
| For more ITFC chat and some fantasy football mutterings follow me on twitter @fpl_tractor. |
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Derby ground sale being investigated by EFL on 17:45 - Sep 5 with 3007 views | ActionMan | The rules are madness though. Derby County's owner wants to invest in the team but can't .. from a purely business perspective why can't he make a loss on his investment until he makes a profit? If he's willing to keep the club afloat and everyone's getting paid? How is that unfair on anyone? A lot of businesses have debt and make huge losses as they are building themselves, thats typically how it works, nothing just magically happens over night but in football we have some sort of weird block on investment allegedly in the name of fair competition. Imagine had these rules existed when Man City were in the third division, they wouldn't have flown back up the leagues, on top of being given a stadium - it's one set of rules for them and another for everyone else. And even now those big clubs owe millions as debt is a pretty standard thing in big business. As much as Derby trying to buy success has been a failure for them - if the owner can afford it, and wants to do it, can pay his debts and what not then he should be able to do what he likes anyway without silly workarounds such as this stadium scam or the whole Rooney thing. | | | |
Derby ground sale being investigated by EFL on 08:54 - Sep 6 with 2679 views | itfcjoe |
Derby ground sale being investigated by EFL on 17:45 - Sep 5 by ActionMan | The rules are madness though. Derby County's owner wants to invest in the team but can't .. from a purely business perspective why can't he make a loss on his investment until he makes a profit? If he's willing to keep the club afloat and everyone's getting paid? How is that unfair on anyone? A lot of businesses have debt and make huge losses as they are building themselves, thats typically how it works, nothing just magically happens over night but in football we have some sort of weird block on investment allegedly in the name of fair competition. Imagine had these rules existed when Man City were in the third division, they wouldn't have flown back up the leagues, on top of being given a stadium - it's one set of rules for them and another for everyone else. And even now those big clubs owe millions as debt is a pretty standard thing in big business. As much as Derby trying to buy success has been a failure for them - if the owner can afford it, and wants to do it, can pay his debts and what not then he should be able to do what he likes anyway without silly workarounds such as this stadium scam or the whole Rooney thing. |
I agree, it's generally about clubs pulling the ladder up behind them - FFP at the top level is because the big clubs don't want another Abramovich, or latterly Sheikh, because they drive the wages up for everyone. Man U and Bayern Munich and the rest don't want to have to pay silly money to players because a new money club can do, they want to depress wages. If owners are willing to pump money into the club, not as a loan but as investment they should be allowed to do so - just need to make necessary precautions for if they are to stop, not sure how that works best though. | |
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Derby ground sale being investigated by EFL on 14:01 - Sep 6 with 2530 views | GrandadDel | Balls.Derby have a great owner willing to open his wallet End of. | | | |
Derby ground sale being investigated by EFL on 14:03 - Sep 6 with 2524 views | wkj |
Derby ground sale being investigated by EFL on 14:01 - Sep 6 by GrandadDel | Balls.Derby have a great owner willing to open his wallet End of. |
Here he is! | |
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Derby ground sale being investigated by EFL on 14:06 - Sep 6 with 2510 views | GrandadDel |
Derby ground sale being investigated by EFL on 14:03 - Sep 6 by wkj | Here he is! |
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Derby ground sale being investigated by EFL on 14:11 - Sep 6 with 2493 views | wkj |
Derby ground sale being investigated by EFL on 14:06 - Sep 6 by GrandadDel | |
Tired out from last night's Disco at Sam Pam's place? | |
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Derby ground sale being investigated by EFL on 16:15 - Sep 6 with 2423 views | glasso |
Derby ground sale being investigated by EFL on 17:45 - Sep 5 by ActionMan | The rules are madness though. Derby County's owner wants to invest in the team but can't .. from a purely business perspective why can't he make a loss on his investment until he makes a profit? If he's willing to keep the club afloat and everyone's getting paid? How is that unfair on anyone? A lot of businesses have debt and make huge losses as they are building themselves, thats typically how it works, nothing just magically happens over night but in football we have some sort of weird block on investment allegedly in the name of fair competition. Imagine had these rules existed when Man City were in the third division, they wouldn't have flown back up the leagues, on top of being given a stadium - it's one set of rules for them and another for everyone else. And even now those big clubs owe millions as debt is a pretty standard thing in big business. As much as Derby trying to buy success has been a failure for them - if the owner can afford it, and wants to do it, can pay his debts and what not then he should be able to do what he likes anyway without silly workarounds such as this stadium scam or the whole Rooney thing. |
I agree with this to a point, but surely we need to stop football just being a plaything for a handful of rich people? If, say, the top ten clubs get billionaire owners (to be fair, they probably already have them!), and can spend whatever they want, then wages go up, player prices go up and everybody with 'just' millionaire owners will never, ever win the league or challenge for any kind of silverware. It's getting that way already, but if Man City had complete and unchecked spending power, what would be the point in football? They'd buy up everybody with a sniff of talent, the rest of the league would end up hoovering up journeymen footballers or just loaning City's players until they're ready for the first team and everybody would go unto the season knowing City will win everything again. Interest in the sport would drop off a cliff if that happened | | | |
Derby ground sale being investigated by EFL on 14:56 - Sep 7 with 2229 views | Leaky |
Derby ground sale being investigated by EFL on 16:15 - Sep 6 by glasso | I agree with this to a point, but surely we need to stop football just being a plaything for a handful of rich people? If, say, the top ten clubs get billionaire owners (to be fair, they probably already have them!), and can spend whatever they want, then wages go up, player prices go up and everybody with 'just' millionaire owners will never, ever win the league or challenge for any kind of silverware. It's getting that way already, but if Man City had complete and unchecked spending power, what would be the point in football? They'd buy up everybody with a sniff of talent, the rest of the league would end up hoovering up journeymen footballers or just loaning City's players until they're ready for the first team and everybody would go unto the season knowing City will win everything again. Interest in the sport would drop off a cliff if that happened |
I agree, but its already happening. Chelsea have about 40 players out on loan. Limit the number of players a team can loan out , & put a ban on teams loaning players on to teams in the same league they play in. Will probably mean they loan out players to foreign teams. | | | |
Derby ground sale being investigated by EFL on 16:05 - Sep 7 with 2179 views | jaykay |
Derby ground sale being investigated by EFL on 11:59 - Sep 5 by Kieran_Knows | They'll get fined about £3.50 then. That'll teach them. |
no doubt the east anglian derby supporters branch will run some discos to help with any fine. [Post edited 7 Sep 2019 16:13]
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