A video of Steve Gibson today re. Derby

I originally thought it was all about financial fair play, but it turns out they actually don't have any money......or is this more financial shenanigans by Mr Morris, the 'local fan'?
 
Reading their forum it appears they realise the key 'money' men have conned them and they've been duped . Well done Gibbo
 
Part of yesterday's directors statement on the club website reads.

"A planned sale of the club and stadium that was due to close in January 2020 collapsed when the EFL was coerced into challenging the Stadium Sale transaction, a charge that would be dismissed some 9 months later."

Am I reading that wrong or are they clearly telling the fans it's our clubs fault?
 
Glover_elbow said:
I am sure Gibson doesn't want another club to go into administration even derby. If they had played by the rules they probably wouldn't have ended up in this financial pickle.
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Yes spot on. Gibson was livid they were breaking Financial Fair Play designed to stop clubs going into administration.
That is why FFP rules need to be applied strictly.
Look at the clubs that have recently fallen foul of FFP Sheff Wed - relegated, Brum constantly struggling and Derby a total mess.
Now having been picked apart by Morris Derby could be a similarly catastrophic situation as Bolton or even Bury.
 
If football is to be allowed to maintain the rule where football creditors are treated preferentially in the case of administration then they must enforce their other financial rules properly.
I feel sorry for the small local companies who'll be caught up in this.
 
I remember the misery of it all when we were in a similar position and would normally have a lot of empathy with the fans of a club going through it but, in the case of Sheffield Wed and Derby, I have none at all. They seemed proud that their Chairmen were trying to garner an advantage and refused to see the dangers looming on the horizon. They hated and still despise Gibson for pointing out what their clubs were doing and now the chickens have come home to roost. No sympathy at all from me. Derby sold their ground, their training facilities and massively overpaid for crap and will use Administration to not pay unsecured small creditors…f#*k em
 
Smoginexile said:
Part of yesterday's directors statement on the club website reads.

"A planned sale of the club and stadium that was due to close in January 2020 collapsed when the EFL was coerced into challenging the Stadium Sale transaction, a charge that would be dismissed some 9 months later."

Am I reading that wrong or are they clearly telling the fans it's our clubs fault?
Click to expand...
Yes it seems that way, in the end the stadium sale was within the rules, but this uncovered all the other financial irregularities. Morris appears to be quite creative when it comes to finance, probably thinks he's playing his candy crush saga and it's all a game. Derby gambled on promotion, like Villa, but it didn't pay off. Morris isn't prepared to cover the gamble anymore and administration stops him losing more money while a buyer is found. In the end the fans suffer.
 
Derby rightly sanctioned for FFP issues.
But how does Man City get away with it?
One rule for the rich............
 
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