Thu Sep 09, 2021 2:34 pm
Thu Sep 09, 2021 2:44 pm
Thu Sep 09, 2021 2:54 pm
Thu Sep 09, 2021 3:13 pm
Thu Sep 09, 2021 4:08 pm
Sven wrote:9 points not enough, although somebody seems to be pre-empting the outcome in true Sky Sports style...
First Snowgate, secondly Moneygate and (hopefully) next Exitgate...
Thu Sep 09, 2021 4:27 pm
Thu Sep 09, 2021 5:01 pm
Tony Blue Williams wrote:Against the flow I have always had a bit of sympathy for Derby. I remember years ago being told that the real price of a commodity is what someone is willing to pay for it.
If the Derby owner was willing to pay £80m for ownership of Pride Park then the seller (DCFC) would be stupid to turn it down as the stadium was only valued at £40m (Personally I have sold (& bought) cars for prices which were nowhere near their book value)
Providing the Derby owner placed £80m into DCFC's bank account and ownership deeds were exchanged, I really don't see why that is of anyone else's business.
Of course I don't know the full details of what Derby were up to but if the points deduction has anything to do with the sale of Pride Park I would have sympathies with Derby and their fans.
Thu Sep 09, 2021 5:26 pm
MoodyBluebird wrote:Sven wrote:9 points not enough, although somebody seems to be pre-empting the outcome in true Sky Sports style...
First Snowgate, secondly Moneygate and (hopefully) next Exitgate...
Or maybe Ramsgate....
Thu Sep 09, 2021 5:29 pm
pembroke allan wrote:Tony Blue Williams wrote:Against the flow I have always had a bit of sympathy for Derby. I remember years ago being told that the real price of a commodity is what someone is willing to pay for it.
If the Derby owner was willing to pay £80m for ownership of Pride Park then the seller (DCFC) would be stupid to turn it down as the stadium was only valued at £40m (Personally I have sold (& bought) cars for prices which were nowhere near their book value)
Providing the Derby owner placed £80m into DCFC's bank account and ownership deeds were exchanged, I really don't see why that is of anyone else's business.
Of course I don't know the full details of what Derby were up to but if the points deduction has anything to do with the sale of Pride Park I would have sympathies with Derby and their fans.
You obviously missed part that selling ground was to avoid falling foul of ffp? You simply cannot pay over odds for something to help avoid ffp especially when it's the owner of club buying ground.... there are rules saying you cannot pay above market rates for anything to get around ffp rules which is exactly what they did
Thu Sep 09, 2021 5:36 pm
by Sven » Thu Sep 09, 2021 3:13 pm
9 points not enough, although somebody seems to be pre-empting the outcome in true Sky Sports style...
First Snowgate, secondly Moneygate and (hopefully) next Exitgate...
Thu Sep 09, 2021 6:15 pm
Tony Blue Williams wrote:pembroke allan wrote:Tony Blue Williams wrote:Against the flow I have always had a bit of sympathy for Derby. I remember years ago being told that the real price of a commodity is what someone is willing to pay for it.
If the Derby owner was willing to pay £80m for ownership of Pride Park then the seller (DCFC) would be stupid to turn it down as the stadium was only valued at £40m (Personally I have sold (& bought) cars for prices which were nowhere near their book value)
Providing the Derby owner placed £80m into DCFC's bank account and ownership deeds were exchanged, I really don't see why that is of anyone else's business.
Of course I don't know the full details of what Derby were up to but if the points deduction has anything to do with the sale of Pride Park I would have sympathies with Derby and their fans.
You obviously missed part that selling ground was to avoid falling foul of ffp? You simply cannot pay over odds for something to help avoid ffp especially when it's the owner of club buying ground.... there are rules saying you cannot pay above market rates for anything to get around ffp rules which is exactly what they did
Good point. I have looked up the rules and clubs must comply with 'Fair Market Value' when it comes to commodities such as the stadium and other fixed/unfixed assets.
So you are completely right Derby were not allowed to sell their ground to the owner/chairman for twice its FM Valuation.
That said shame these rules didn't apply to Gary Madine, Lee Tomlin and Isaack Vassell's transfer fees.
Thu Sep 09, 2021 6:43 pm
Thu Sep 09, 2021 7:38 pm
biglad6 wrote:Here's how bent it all is. I used to know the chairman of derby 15 years ago. At that time they'd been in the premiership and got relegated. They owed the co op bank 33 million . My colleague and a few of his rich derby supporting friends stumped up a million each 5 of them and bought the club for £1. The co op then reduced the overdraft to £10 mill just like that. Imagine trying that as individual.
We moan about tan, and quite rightly the rebrand, of ambition but he's still shelling out every month. I mean what do you expect to do when you're sort enough to want to own a football club
Thu Sep 09, 2021 8:16 pm
Thu Sep 09, 2021 9:40 pm
pembroke allan wrote:Tony Blue Williams wrote:pembroke allan wrote:Tony Blue Williams wrote:Against the flow I have always had a bit of sympathy for Derby. I remember years ago being told that the real price of a commodity is what someone is willing to pay for it.
If the Derby owner was willing to pay £80m for ownership of Pride Park then the seller (DCFC) would be stupid to turn it down as the stadium was only valued at £40m (Personally I have sold (& bought) cars for prices which were nowhere near their book value)
Providing the Derby owner placed £80m into DCFC's bank account and ownership deeds were exchanged, I really don't see why that is of anyone else's business.
Of course I don't know the full details of what Derby were up to but if the points deduction has anything to do with the sale of Pride Park I would have sympathies with Derby and their fans.
You obviously missed part that selling ground was to avoid falling foul of ffp? You simply cannot pay over odds for something to help avoid ffp especially when it's the owner of club buying ground.... there are rules saying you cannot pay above market rates for anything to get around ffp rules which is exactly what they did
Good point. I have looked up the rules and clubs must comply with 'Fair Market Value' when it comes to commodities such as the stadium and other fixed/unfixed assets.
So you are completely right Derby were not allowed to sell their ground to the owner/chairman for twice its FM Valuation.
That said shame these rules didn't apply to Gary Madine, Lee Tomlin and Isaack Vassell's transfer fees.
I know should have done the accountant for fraud
Thu Sep 09, 2021 10:06 pm
Isawgarystevensscoreagoal wrote:pembroke allan wrote:Tony Blue Williams wrote:pembroke allan wrote:Tony Blue Williams wrote:Against the flow I have always had a bit of sympathy for Derby. I remember years ago being told that the real price of a commodity is what someone is willing to pay for it.
If the Derby owner was willing to pay £80m for ownership of Pride Park then the seller (DCFC) would be stupid to turn it down as the stadium was only valued at £40m (Personally I have sold (& bought) cars for prices which were nowhere near their book value)
Providing the Derby owner placed £80m into DCFC's bank account and ownership deeds were exchanged, I really don't see why that is of anyone else's business.
Of course I don't know the full details of what Derby were up to but if the points deduction has anything to do with the sale of Pride Park I would have sympathies with Derby and their fans.
You obviously missed part that selling ground was to avoid falling foul of ffp? You simply cannot pay over odds for something to help avoid ffp especially when it's the owner of club buying ground.... there are rules saying you cannot pay above market rates for anything to get around ffp rules which is exactly what they did
Good point. I have looked up the rules and clubs must comply with 'Fair Market Value' when it comes to commodities such as the stadium and other fixed/unfixed assets.
So you are completely right Derby were not allowed to sell their ground to the owner/chairman for twice its FM Valuation.
That said shame these rules didn't apply to Gary Madine, Lee Tomlin and Isaack Vassell's transfer fees.
I know should have done the accountant for fraud
Who can say the stadium is worth £40,000,000? Or £80,000,00. Or £10? Who else is going to buy it? Nottingham Forest or Burton Albion?
Thu Sep 09, 2021 10:15 pm
Isawgarystevensscoreagoal wrote:pembroke allan wrote:Tony Blue Williams wrote:pembroke allan wrote:Tony Blue Williams wrote:Against the flow I have always had a bit of sympathy for Derby. I remember years ago being told that the real price of a commodity is what someone is willing to pay for it.
If the Derby owner was willing to pay £80m for ownership of Pride Park then the seller (DCFC) would be stupid to turn it down as the stadium was only valued at £40m (Personally I have sold (& bought) cars for prices which were nowhere near their book value)
Providing the Derby owner placed £80m into DCFC's bank account and ownership deeds were exchanged, I really don't see why that is of anyone else's business.
Of course I don't know the full details of what Derby were up to but if the points deduction has anything to do with the sale of Pride Park I would have sympathies with Derby and their fans.
You obviously missed part that selling ground was to avoid falling foul of ffp? You simply cannot pay over odds for something to help avoid ffp especially when it's the owner of club buying ground.... there are rules saying you cannot pay above market rates for anything to get around ffp rules which is exactly what they did
Good point. I have looked up the rules and clubs must comply with 'Fair Market Value' when it comes to commodities such as the stadium and other fixed/unfixed assets.
So you are completely right Derby were not allowed to sell their ground to the owner/chairman for twice its FM Valuation.
That said shame these rules didn't apply to Gary Madine, Lee Tomlin and Isaack Vassell's transfer fees.
I know should have done the accountant for fraud
Who can say the stadium is worth £40,000,000? Or £80,000,00. Or £10? Who else is going to buy it? Nottingham Forest or Burton Albion?
Fri Sep 10, 2021 12:21 am
Sven wrote:9 points not enough, although somebody seems to be pre-empting the outcome in true Sky Sports style...
First Snowgate, secondly Moneygate and (hopefully) next Exitgate...
Fri Sep 10, 2021 6:46 am
pembroke allan wrote:Isawgarystevensscoreagoal wrote:pembroke allan wrote:Tony Blue Williams wrote:pembroke allan wrote:Tony Blue Williams wrote:Against the flow I have always had a bit of sympathy for Derby. I remember years ago being told that the real price of a commodity is what someone is willing to pay for it.
If the Derby owner was willing to pay £80m for ownership of Pride Park then the seller (DCFC) would be stupid to turn it down as the stadium was only valued at £40m (Personally I have sold (& bought) cars for prices which were nowhere near their book value)
Providing the Derby owner placed £80m into DCFC's bank account and ownership deeds were exchanged, I really don't see why that is of anyone else's business.
Of course I don't know the full details of what Derby were up to but if the points deduction has anything to do with the sale of Pride Park I would have sympathies with Derby and their fans.
You obviously missed part that selling ground was to avoid falling foul of ffp? You simply cannot pay over odds for something to help avoid ffp especially when it's the owner of club buying ground.... there are rules saying you cannot pay above market rates for anything to get around ffp rules which is exactly what they did
Good point. I have looked up the rules and clubs must comply with 'Fair Market Value' when it comes to commodities such as the stadium and other fixed/unfixed assets.
So you are completely right Derby were not allowed to sell their ground to the owner/chairman for twice its FM Valuation.
That said shame these rules didn't apply to Gary Madine, Lee Tomlin and Isaack Vassell's transfer fees.
I know should have done the accountant for fraud
Who can say the stadium is worth £40,000,000? Or £80,000,00. Or £10? Who else is going to buy it? Nottingham Forest or Burton Albion?
Council evaluation people as club got to pay rates on its value... plus can have independent evaluers club cannot arbitrary set their own value of ground otherwise they would have set it at £200m
Plus it needs to be valued for HMRC's tax purposes..
Fri Sep 10, 2021 9:08 am
Igovernor wrote:pembroke allan wrote:Isawgarystevensscoreagoal wrote:pembroke allan wrote:Tony Blue Williams wrote:pembroke allan wrote:Tony Blue Williams wrote:Against the flow I have always had a bit of sympathy for Derby. I remember years ago being told that the real price of a commodity is what someone is willing to pay for it.
If the Derby owner was willing to pay £80m for ownership of Pride Park then the seller (DCFC) would be stupid to turn it down as the stadium was only valued at £40m (Personally I have sold (& bought) cars for prices which were nowhere near their book value)
Providing the Derby owner placed £80m into DCFC's bank account and ownership deeds were exchanged, I really don't see why that is of anyone else's business.
Of course I don't know the full details of what Derby were up to but if the points deduction has anything to do with the sale of Pride Park I would have sympathies with Derby and their fans.
You obviously missed part that selling ground was to avoid falling foul of ffp? You simply cannot pay over odds for something to help avoid ffp especially when it's the owner of club buying ground.... there are rules saying you cannot pay above market rates for anything to get around ffp rules which is exactly what they did
Good point. I have looked up the rules and clubs must comply with 'Fair Market Value' when it comes to commodities such as the stadium and other fixed/unfixed assets.
So you are completely right Derby were not allowed to sell their ground to the owner/chairman for twice its FM Valuation.
That said shame these rules didn't apply to Gary Madine, Lee Tomlin and Isaack Vassell's transfer fees.
I know should have done the accountant for fraud
Who can say the stadium is worth £40,000,000? Or £80,000,00. Or £10? Who else is going to buy it? Nottingham Forest or Burton Albion?
Council evaluation people as club got to pay rates on its value... plus can have independent evaluers club cannot arbitrary set their own value of ground otherwise they would have set it at £200m
Plus it needs to be valued for HMRC's tax purposes..
Allan they did have an independent valuation, done by a company owned by their chairman/owner
Fri Sep 10, 2021 9:57 am
pembroke allan wrote:Tony Blue Williams wrote:Against the flow I have always had a bit of sympathy for Derby. I remember years ago being told that the real price of a commodity is what someone is willing to pay for it.
If the Derby owner was willing to pay £80m for ownership of Pride Park then the seller (DCFC) would be stupid to turn it down as the stadium was only valued at £40m (Personally I have sold (& bought) cars for prices which were nowhere near their book value)
Providing the Derby owner placed £80m into DCFC's bank account and ownership deeds were exchanged, I really don't see why that is of anyone else's business.
Of course I don't know the full details of what Derby were up to but if the points deduction has anything to do with the sale of Pride Park I would have sympathies with Derby and their fans.
You obviously missed part that selling ground was to avoid falling foul of ffp? You simply cannot pay over odds for something to help avoid ffp especially when it's the owner of club buying ground.... there are rules saying you cannot pay above market rates for anything to get around ffp rules which is exactly what they did
Fri Sep 10, 2021 10:38 am
skidemin wrote:pembroke allan wrote:Tony Blue Williams wrote:Against the flow I have always had a bit of sympathy for Derby. I remember years ago being told that the real price of a commodity is what someone is willing to pay for it.
If the Derby owner was willing to pay £80m for ownership of Pride Park then the seller (DCFC) would be stupid to turn it down as the stadium was only valued at £40m (Personally I have sold (& bought) cars for prices which were nowhere near their book value)
Providing the Derby owner placed £80m into DCFC's bank account and ownership deeds were exchanged, I really don't see why that is of anyone else's business.
Of course I don't know the full details of what Derby were up to but if the points deduction has anything to do with the sale of Pride Park I would have sympathies with Derby and their fans.
You obviously missed part that selling ground was to avoid falling foul of ffp? You simply cannot pay over odds for something to help avoid ffp especially when it's the owner of club buying ground.... there are rules saying you cannot pay above market rates for anything to get around ffp rules which is exactly what they did
does it matter what reason .... if i offered you double the market value for your home its really not my business or anyone elses if you want to spend that money being the first Allen in outerspace or if you desperately needed that money to not become insolvent
Fri Sep 10, 2021 11:16 am
Fri Sep 10, 2021 12:31 pm
Fri Sep 10, 2021 1:12 pm
Escott1927 wrote:skidemin wrote:pembroke allan wrote:Tony Blue Williams wrote:Against the flow I have always had a bit of sympathy for Derby. I remember years ago being told that the real price of a commodity is what someone is willing to pay for it.
If the Derby owner was willing to pay £80m for ownership of Pride Park then the seller (DCFC) would be stupid to turn it down as the stadium was only valued at £40m (Personally I have sold (& bought) cars for prices which were nowhere near their book value)
Providing the Derby owner placed £80m into DCFC's bank account and ownership deeds were exchanged, I really don't see why that is of anyone else's business.
Of course I don't know the full details of what Derby were up to but if the points deduction has anything to do with the sale of Pride Park I would have sympathies with Derby and their fans.
You obviously missed part that selling ground was to avoid falling foul of ffp? You simply cannot pay over odds for something to help avoid ffp especially when it's the owner of club buying ground.... there are rules saying you cannot pay above market rates for anything to get around ffp rules which is exactly what they did
does it matter what reason .... if i offered you double the market value for your home its really not my business or anyone elses if you want to spend that money being the first Allen in outerspace or if you desperately needed that money to not become insolvent
The rule is there to stop teams doing exactly what derby tried to do. Or are you happy for teams to cheat their way around ffp rules whilst the majority of teams stick to them?
Fri Sep 10, 2021 1:30 pm
Fri Sep 10, 2021 1:43 pm
skidemin wrote:
im sorry but i do not agree...what tony said is spot on and if you were selling something i doubt you would be happy to accept less than is offered..... come to that i doubt youd moan if someone { sarajevo } came in with a 20 mill offer for tomlin in january.. .or complained about the circumstances we signed Zohore under ....happy ? ....no....hypocrite...no that that also.....
Fri Sep 10, 2021 1:45 pm
Whistler wrote:Sorry but I have to disagree with that statement. Derby have deliberately tried to circumvent the FFP rules by inflating the value of the stadium, it is almost fraud and would be seriously challenged in a court of law.
I wish a few more people on this forum would recognise that City are trying to keep within the FFP rules in the correct manner, the Derby Way is certainly not the way to go! Just look where is has go them![]()
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Fri Sep 10, 2021 2:03 pm
skidemin wrote:Escott1927 wrote:skidemin wrote:pembroke allan wrote:Tony Blue Williams wrote:Against the flow I have always had a bit of sympathy for Derby. I remember years ago being told that the real price of a commodity is what someone is willing to pay for it.
If the Derby owner was willing to pay £80m for ownership of Pride Park then the seller (DCFC) would be stupid to turn it down as the stadium was only valued at £40m (Personally I have sold (& bought) cars for prices which were nowhere near their book value)
Providing the Derby owner placed £80m into DCFC's bank account and ownership deeds were exchanged, I really don't see why that is of anyone else's business.
Of course I don't know the full details of what Derby were up to but if the points deduction has anything to do with the sale of Pride Park I would have sympathies with Derby and their fans.
You obviously missed part that selling ground was to avoid falling foul of ffp? You simply cannot pay over odds for something to help avoid ffp especially when it's the owner of club buying ground.... there are rules saying you cannot pay above market rates for anything to get around ffp rules which is exactly what they did
does it matter what reason .... if i offered you double the market value for your home its really not my business or anyone elses if you want to spend that money being the first Allen in outerspace or if you desperately needed that money to not become insolvent
The rule is there to stop teams doing exactly what derby tried to do. Or are you happy for teams to cheat their way around ffp rules whilst the majority of teams stick to them?
im sorry but i do not agree...what tony said is spot on and if you were selling something i doubt you would be happy to accept less than is offered..... come to that i doubt youd moan if someone { sarajevo } came in with a 20 mill offer for tomlin in january.. .or complained about the circumstances we signed Zohore under ....happy ? ....no....hypocrite...no that that also.....
Fri Sep 10, 2021 2:17 pm
Tony Blue Williams wrote:skidemin wrote:
im sorry but i do not agree...what tony said is spot on and if you were selling something i doubt you would be happy to accept less than is offered..... come to that i doubt youd moan if someone { sarajevo } came in with a 20 mill offer for tomlin in january.. .or complained about the circumstances we signed Zohore under ....happy ? ....no....hypocrite...no that that also.....
I still think Derby should be free to sell a fixed asset for whatever price someone is willing to pay for it, providing real cash is deposited in their bank account rather than some accountancy trick.
I have looked at the rules and actually understand why they are there. Basically they are designed to stop Manchester City (for example) from receiving ridiculously inflated shirt sponsorship.
But again you could argue that if someone is willing to pay that much for shirt sponsorship then why can't the club be free to do so?
I can understand the conflict when it's the club's owner paying over the odds, but I would look to having a handicap placed on any success they achieve. If for example Derby were promoted to the PL then they would be handicapped by having £40m (the difference between FMV (£40m) & what was paid (£80m) deducted from their PL TV monies. Manchester City would have the same deduction from any prize money which they receive from the PL and European Competition.