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Thread: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

      
  1. #7851
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Proper passive aggressive, that.

    Bring it on!

    „I believe in socialism because it seems more humanitarian, rather than every man for himself and 'I'm alright jack' and all those arsehole businessmen with all the loot. I made up my mind from viewing society from that angle. That's where I'm from and there's where I've made my decisions from. That's why I believe in socialism“

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  3. #7852
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Quote Originally Posted by Beardo7 View Post
    I've said all along FFP is a farce if someone wants to come along and pump millions of their own pounds into a Football club then let them.
    But then they open it up to another Porstmouth, the bloke had the funds, was pumping millions in and decided to stop. All the debts are the clubs.

    An owners guarantee, a legal contract you have to sign to pass the fit and proper persons tests would suit but no one would buy loss making teams, which there's about 90 of.

    FFP was meant to curb spending more than they deemed manageable if the owner left, it made it worse as clubs with expenses greater than turnover either had to cut their cloth accordingly, risk relegation or at least years of wilderness or gamble in going up before the limit was reached or in QPR's case ignore it as you aren't in their competition anymore.

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  4. #7853
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Quote Originally Posted by Beardo7 View Post
    I've said all along FFP is a farce if someone wants to come along and pump millions of their own pounds into a Football club then let them.
    FFP is necessary, in order to maintain some sort of long-term sustainability in the system. Otherwise, the risk of magnates with dubious sources of money and dubious motives would be too great, and clubs would risk finding themselves ruined more and more often. According to UEFA reports, FFP has significantly decreased financial problems and the number of bankrupt clubs.

    It's not perfect, no system is, but it's not a farce.

    The next step should be some financial instrument to increase competitive level within leagues and across Europe. Perhaps some sort of proportional salary cap, or a fairer redistribution of profits in favour of the poorer clubs.


  5. #7854
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    I’m sure the EFL must have consulted their lawyers before charging Derby, but it’s hard to see how they are going to make this stick

    Stand Firm And Strike Hard

  6. #7855
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Derby go on a dodgy run, League take 20 points off them and we relegate them at Priceless Park in April.


  7. #7856
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    This is a sham. Derby will get a slap on the wrist imo. The EFL had to be seen to take action against Derby or risk being sued by Boro, but all this demonstrates is that the EFL fucked up when they relaxed the rules on stadium sales in 2016 and their governance is verging on incompetent.


  8. #7857
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    I bet capt Keogh is at home having a right old chuckle to himself

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  9. #7858
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    The sheepshaggers have exposed a loophole & nothing will come of it, the best thing is if it drags on for ages


  10. #7859
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    There was a bloke on EMT saying about the selling of stadiums, Birmingham’s was sold for £23M, Readings for £27M & Villa for £57M all to avoid FFP. Derby’s was sold for... £80M , It was on their books as an asset of £41M. No wonder they are being investigated. Anyone who thinks the valuation was carried out impartially would be incredibly naive.
    They are also being investigated because how they amortise transfer fees over the lengths of player contracts. My understanding is that unlike every other club who does it linearly, Derby weight it onto the last year of the contract, then offer an extension to amortise over a longer period. They’ve been gaming the system and hopefully get punished.


  11. #7860
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    PP has commercial areas around the ground and facilities which are used all week that those older stadiums don’t have. Over valued maybe, but the EFL accepted Derby’s revised valuation.

    Again, Derby have been using their method of amortisation for a while. The EFL have accepted it up until now.

    Why the sudden change?

    Last edited by Ravi; 17-01-20 at 20:56.

  12. #7861
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    If the stadium was independently valued at £80million, I wonder how long the queue would be to actually buy it at that price. Apart from Mad Mel, of course, who bought it from himself and still couldn't get a discount.


  13. #7862
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Quote Originally Posted by Ravi View Post
    PP has commercial areas around the ground and facilities which are used all week that those older stadiums don’t have. Over valued maybe, but the EFL accepted Derby’s revised valuation.

    Again, Derby have been using their method of amortisation for a while. The EFL have accepted it up until now.

    Why the sudden change?
    What’s the going rate for a Greggs?


  14. #7863

    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Football League probably don't like Morris after that stuff with the tv deal. Maybe pushed somebody at HQ over the edge.

    Who cares? What a depressing season they're having. It's like one of ours.


  15. #7864
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Quote Originally Posted by valspoodle View Post
    If the stadium was independently valued at £80million, I wonder how long the queue would be to actually buy it at that price. Apart from Mad Mel, of course, who bought it from himself and still couldn't get a discount.
    Value is what an independent buyer would take from an unpressured seller. So it’s based on the potential income to an investor. It’s a fairly easy formula with a only a few variables (security of that income for one).

    So if they take in £1m a year (say) a buyer who’s happy with a 5% return (after tax and costs), and thinks that’s secure income, might pay £20m (in simple terms)

    Oh FFS.

  16. #7865
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Quote Originally Posted by Eddie Yates View Post
    The sheepshaggers have exposed a loophole & nothing will come of it, the best thing is if it drags on for ages
    Yeah dragging on would be good as it could leave them, their takeover, recruitment and forward financial planning up in the air. Which can only be good.


  17. #7866

    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    The whole debate is an odd one.

    For the FL, i'm not sure how they can punish Derby considering they've allegedly previously signed off on the 'work' Derby did. It was obviously circumvention from the start, but it's been a while, it seems odd they're now pulling them up on it.

    Seems a bit harsh to punish after the fact, although I do want them punished, because they clearly just cheated the system. Other teams getting away with it isn't a reason not to punish them for it. I'm not just sure if it's too late for the FL or not to do it.

    For Derby, they've come out all guns blazing. Using words like 'illegal' is interesting. Are they contesting it's a breach of contract law? Otherwise I think saying 'illegal' is a bit strong and just designed as an attempt to scaremonger at the FL letting them know they'll fight a long battle in court.

    I found one part of their statement odd. Saying if the FL highlighted concerns at the time, they've have altered it accordingly. So, if the FL said, 'nah, stadium is worth far less than that', would they have paid less for it? Meaning they're confirming themselves their stadium value is bogus.

    I also dispute the 'independent' element of the company valuing the stadium. Looks to me from that statement they've been employed by the club for well over a decade. Doesn't seem entirely independent to me.

    The amortisation of the contracts is just a farce. It was obvious what they were doing with Blackman, Johnson and Butterfield... etc. But seems odd it's taken so long to punish them.

    Ultimately, I think it's clear as day Derby have circumvented the rules, what they've done is 100% immoral, i'd say they probably have broken rules too. However, the debate will seemingly be over how they were allowed to do it (if Derby are being truly accurate that it was 'signed off') and the wording in which they were allowed to do it.
    Eitherway, looks like it's going to drag out.


  18. #7867
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    I’m not sure what Derby mean that it was signed off by the football league. It could be like an accountant who does the accounts without an audit, who trusts all the income an expenditure they’ve supplied to them are factual. Maybe new info has come to light that means what they where presented with initially wasn’t accurate.


  19. #7868
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Interestingly, Sheff Wednesday's stated case against the EFL is similar.


  20. #7869
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Quote Originally Posted by Ravi View Post
    Sounds like a conversation you can have with HMRC


  21. #7870

    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    It's interesting reading Derby's fans thoughts on it.

    Ranges from the obvious blind loyal, 'Morris is a genius, fuck the EFL, they signed it off, we'll sue the EFL for money... etc'

    Then the more reasonable questions over how it was 'signed off' - as the wording to all of that will be vitally important.

    And the odd person who is a little bit fearful still and raising questions over why they'd charge them if it was as simple as Derby are making it sound in their statement.

    There's going to be a lot more to it than has been said thus far. The EFL will never release anything about it, because they don't. But I imagine there must be a lot more to it all than simply, 'EFL signed it off, now they're saying they made an error, it's not fair'.


  22. #7871
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    If they are to be punished, I'd much prefer their punishment to be next season than this season.

    They are currently 10 points above the bottom 3, so a points deduction now wouldn't really be that big of a disaster.

    Given that any points deduction will probably also have a transfer embargo attached and a requirement for them to balance the books a bit (i.e. sell players), them getting their punishment next season would be far more damaging.

    Hopefully this case drags on for so long that, if they are found guilty, their punishment gets pushed back far enough so that they start next season deep in the shit.


  23. #7872
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Quote Originally Posted by Steve Stone's Mullet View Post
    It's interesting reading Derby's fans thoughts on it.

    Ranges from the obvious blind loyal, 'Morris is a genius, fuck the EFL, they signed it off, we'll sue the EFL for money... etc'

    Then the more reasonable questions over how it was 'signed off' - as the wording to all of that will be vitally important.

    And the odd person who is a little bit fearful still and raising questions over why they'd charge them if it was as simple as Derby are making it sound in their statement.

    There's going to be a lot more to it than has been said thus far. The EFL will never release anything about it, because they don't. But I imagine there must be a lot more to it all than simply, 'EFL signed it off, now they're saying they made an error, it's not fair'.
    I too have read the Derby forum, the blind faith in Mad Mel is funny. One thing I think everyone has missed the point on is, What would Derby have done if the EFL hadn’t “signed off” the dubious stadium valuation at the time?


  24. #7873
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Alf, can you fire up paint and create a black cloud over pride park with an Evil looking Doggie Freedman looking down with Liam trotter perched on his shoulder please?

    Ta

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  25. #7874
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Quote Originally Posted by Ashley View Post
    If they are to be punished, I'd much prefer their punishment to be next season than this season.

    They are currently 10 points above the bottom 3, so a points deduction now wouldn't really be that big of a disaster.

    Given that any points deduction will probably also have a transfer embargo attached and a requirement for them to balance the books a bit (i.e. sell players), them getting their punishment next season would be far more damaging.

    Hopefully this case drags on for so long that, if they are found guilty, their punishment gets pushed back far enough so that they start next season deep in the shit.
    As I understand it they could be docked a total of 21 points!

    To hell with next season, this needs to happen now, so I can have a summer of ripping the piss out of the inbred wankers


  26. #7875
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    Default Re: The demise of Cocu the Clown‘s Wayne Rooney's Direby County!

    Quote Originally Posted by Keith View Post
    As I understand it they could be docked a total of 21 points!

    To hell with next season, this needs to happen now, so I can have a summer of ripping the piss out of the inbred wankers
    Oh yes.


 

 

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