Derby escape 9 point deduction

Also don't forget an additional 3 point deduction should they fail to pay their players on time at any point this season. Seeing as tv money and season ticket money has gone and the only income the administrators have to play with could be a few thousand match day tickets, it can't be far off. Rooney is currently paying away travel and accommodation costs for the team out of his own pocket.
Good on Rooney for that, another side of him (y)
 
I'm not so sure they will find a buyer. A club that has no ground, owes £20+ million to HMRC that has to be paid along with other football related debts to be paid in full. A minimum of 25% to other creditors otherwise more point deduction. No real salable assets in the playing staff.

A buyer is effectively buying the club saddled with debt that will stuggle for a number of years potentially and doesn't even own its ground or training facilities.
Does look daunting for their long suffering fans, when you put it like that Anterimusits its going to be a l;ong dark road
 
I'm not so sure they will find a buyer. A club that has no ground, owes £20+ million to HMRC that has to be paid along with other football related debts to be paid in full. A minimum of 25% to other creditors otherwise more point deduction. No real salable assets in the playing staff.

A buyer is effectively buying the club saddled with debt that will stuggle for a number of years potentially and doesn't even own its ground or training facilities.
Maybe, but I guess it all comes down to how much Mel Morris is prepared to loose. If the club goes bust he gets nothing.

If he values it at 80 mill with the stadium and sells for 20 because of the debts. Then he gets 25% of the value back, someone gets the club for a value that even with the debt considered is less than its worth. Without the debt there would probably 5 or 6 parties wanting to buy them because they have a good fan base, a top flight history, a good youth setup and potential to be a regular prem club.....if run correctly.

Whoever takes over needs to see it as a 5 year project to break even though
 
Maybe, but I guess it all comes down to how much Mel Morris is prepared to loose. If the club goes bust he gets nothing.

If he values it at 80 mill with the stadium and sells for 20 because of the debts. Then he gets 25% of the value back, someone gets the club for a value that even with the debt considered is less than its worth. Without the debt there would probably 5 or 6 parties wanting to buy them because they have a good fan base, a top flight history, a good youth setup and potential to be a regular prem club.....if run correctly.

Whoever takes over needs to see it as a 5 year project to break even though
I understand they had to get all the information they were gathering in place to take to the football club but surely they had enough last season to spare Wycombe & Rotherham from been relegated, both Wycombe & Rotherham won promotion & tried to secure their stay in the chmpionship in an honest way & after looking down & out dropped just short on the final season, shame on the EFL for not having things in place to have at least saved one of them from the drop
 
I understand they had to get all the information they were gathering in place to take to the football club but surely they had enough last season to spare Wycombe & Rotherham from been relegated, both Wycombe & Rotherham won promotion & tried to secure their stay in the chmpionship in an honest way & after looking down & out dropped just short on the final season, shame on the EFL for not having things in place to have at least saved one of them from the drop
It was terrible on Rotherham and Wycombe, I guess if EFL punished them without following process it would allow Derby a legal loophole. Morris is probably the most hated person in High Wycombe.
 
I’ve just read this article on Sky regarding Wycombe considering suing the EFL over relegation.


Wycombe considering legal action against League One relegation​

Wycombe Wanderers are considering taking legal action over their relegation to League One last season following Derby County's move towards administration.

The club were relegated from the Championship after finishing a point behind the Rams with Derby owner Morris admitting his club would have been at risk of a points deduction if it had submitted accounts for 2017-18 without using the club's controversial amortisation method.

Derby were subsequently fined £100,000 and order to file restated accounts but, despite the threat of a points deduction that would have seen them relegated instead of Wycombe, they never materialised in time to give Wycombe.

Speaking to BBC Sport about the on-going situation, Wycombe chairman and chief executive Rob Couhig said: "Not being in the Championship this year has cost us, on the surface, around £10m.

"It has probably cost another £5-10m in residual monies that would have come from us being in the Championship for a second year. It is a £15-20m loss.

"I don't know if there is a viable claim or not but there is no question we will look.
 
As much as I would have found it amusing for them to get relegated its not good to see the EFL allowing clubs to be woefully mismanaged by absolute chancers.

Derby, Wigan, Bolton, Coventry, Oldham, Bury, Sheff Wed etc. I suspect we’ll see more of what happened to Bury.

The Wigan, Bolton, Coventry and Bury fans in particular I feel for.

Derby can do one.
 
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