Derby - administration

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Re: Derby - administration

Post by GodIsADeeJay81 » Sat Sep 18, 2021 10:55 am

randomclaret2 wrote:
Sat Sep 18, 2021 10:42 am
Bolton and Blackburn were undoubtedly kept in unrealistic inflated positions but Derby havent been in the Premier League for 13 years
Without Mel's financial input do you think they'd be in the championship or lower?

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Re: Derby - administration

Post by AlargeClaret » Sat Sep 18, 2021 11:02 am

I wonder if bringing in that potato headed brass humping tool Rooney tipped them over the edge ? He must be on huge money during his rather bizzare tenure . A very well supported club as well

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Re: Derby - administration

Post by DAVETHEVICAR » Sat Sep 18, 2021 11:08 am

Bringing Rooney in was a stroke of genius imo.
Sky have made Derby their team because of the appointment and they are on TV nearly every game which brings in big money .

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Re: Derby - administration

Post by dibraidio » Sat Sep 18, 2021 11:13 am

Rooney is on a hiding to nothing there but you'd have to think that he's not done enough to show anyone that he's cut out to be a manager.
It'll be interesting to see what he decides to do, or if he's given that opportunity given his wages.

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Re: Derby - administration

Post by Dark Cloud » Sat Sep 18, 2021 11:17 am

randomclaret2 wrote:
Sat Sep 18, 2021 10:42 am
Bolton and Blackburn were undoubtedly kept in unrealistic inflated positions but Derby havent been in the Premier League for 13 years
That's true, but they've thrown tons and tons of money they really didn't have chasing the dream of trying to get back there, so ultimately it amounts to the same thing. Live beyond your means and it all comes tumbling down eventually, especially if the guy writing the cheques wants to stop writing the cheques.

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Re: Derby - administration

Post by Jeffbfc » Sat Sep 18, 2021 11:30 am

The real loser's are the non-football companies who will get a pittance rather than all the monies they are owned.
Remember a guy on 5live who supplied Leeds's with pies for match days, he was owed £30,000 but was told by the administrator's it will be 10p for every pound so £3000.
While the football side (players other clubs) would get the full amounts owed, stinks!
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Re: Derby - administration

Post by TheFamilyCat » Sat Sep 18, 2021 12:38 pm

DAVETHEVICAR wrote:
Sat Sep 18, 2021 11:08 am
Bringing Rooney in was a stroke of genius imo.
Sky have made Derby their team because of the appointment and they are on TV nearly every game which brings in big money .
Not sure about that. Maximum £100k per live game; I've seen Rooney's salary quoted at £90k per week. Are they really on often enough to not be losing out massively? Not to mention having a manager who appears to be not very capable.

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Re: Derby - administration

Post by Goalposts » Sat Sep 18, 2021 12:39 pm

A very good study of Derby’s accounts by Kieran maguire on twitter which shows just how unethical and obtuse there reporting was. They were never are ever transparent in the dealings preferring to mislead and obscure as much as possible, though here’s the rub. Pretty much within the laws of accounting are only marginally overstepping

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Re: Derby - administration

Post by tiger76 » Sat Sep 18, 2021 9:28 pm

As usual in these situations it's the staff who may be facing the prospect of redundancy, while Rooney and the players will no doubt continue to receive their obscene salaries as normal, the whole thing stinks to high heaven, and heads should roll at the EFL for allowing this to get so severe.

https://www.bbc.co.uk/sport/football/58611828

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Re: Derby - administration

Post by Jakubclaret » Sat Sep 18, 2021 9:40 pm

Goalposts wrote:
Sat Sep 18, 2021 12:39 pm
A very good study of Derby’s accounts by Kieran maguire on twitter which shows just how unethical and obtuse there reporting was. They were never are ever transparent in the dealings preferring to mislead and obscure as much as possible, though here’s the rub. Pretty much within the laws of accounting are only marginally overstepping
That’s quite interesting as it’s been suggested on here that the fans should have been more knowledgeable even to the extent of proactive intervention, when things have been clearly that murky the wool as been pulled over the EFLs eyes for goodness how long with all this underhand deception. If the EFL the governing body didn’t know how the hell would a normal average fan who doesn’t take much of a interest above spectating.

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Re: Derby - administration

Post by eastanglianclaret » Sun Sep 19, 2021 6:05 am

Jeffbfc wrote:
Sat Sep 18, 2021 11:30 am
The real loser's are the non-football companies who will get a pittance rather than all the monies they are owned.
Remember a guy on 5live who supplied Leeds's with pies for match days, he was owed £30,000 but was told by the administrator's it will be 10p for every pound so £3000.
While the football side (players other clubs) would get the full amounts owed, stinks!
Correct! [/b][/b]Exactly what happened at ITFC. The caterers, printers, cleaners etc got an absolute pittance, if anything at all. It still wrangles with me that they were able to offer Drissa Diallo better terms than us when they were just out of admin. I took a lot of stick/teasing for that at the time! :x

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Re: Derby - administration

Post by KRBFC » Sun Sep 19, 2021 6:53 am

RammyClaret61 wrote:
Sat Sep 18, 2021 10:38 am
There’s another club I use to admire, Manchester City. But they and their fans have become one of the worst in the country. They’ve circumnavigated FFP for years now. They’ve dodged inquires by doing nothing. Their fans even saying if uefa continue to go after them, they’ll just throw money after money at lawyers just to stall until uefa are bankrupt, and their fans just lap it up, so yes, I’ll criticise other (groups of people) clubs supporters when in my opinion I feel it warranted.
What on earth are you rambling on about?
You're talking about thousands of people based on your experience of a hand full. :lol:

So you're a racist then because 1 Burnley fan was racist before?

Fans should've protested at their club winning? hahahahahaha as someone else pointed out, were you protesting our promotion in 2009?

Here's a shock..... fans can have their opinion but THEY DON'T HAVE A SAY IN HOW THE CLUB IS RUN, SPENDING MONEY, PERFORMING ON THE PITCH, AVOIDING FFP

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Re: Derby - administration

Post by KRBFC » Sun Sep 19, 2021 7:04 am

GodIsADeeJay81 wrote:
Sat Sep 18, 2021 10:55 am
Without Mel's financial input do you think they'd be in the championship or lower?
Before you became a Burnley fan, Floods cash and the sale of Lafferty elevated us to an unthinkable promotion, without that promotion we'd have been financially crippled. It's a fine fine margin and it's not one fans can control. If owners wanna go win or bust, fans have to sit back and accept it.

You are very much in support of ALK and the finances behind the takeover, which includes a huge loan. You say ''Derby fans were fine with the club spending money'' you tarred them all with the same brush, all Burnley fans don't like the finances behind the ALK takeover.

5 years down the line, we are in a similar position to Derby, ALK have ran up more debts we can't pay.


Does that make you personally to blame for ALK's debts because you are very much in favour now?

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Re: Derby - administration

Post by GodIsADeeJay81 » Sun Sep 19, 2021 7:57 am

KRBFC wrote:
Sun Sep 19, 2021 7:04 am
Before you became a Burnley fan, Floods cash and the sale of Lafferty elevated us to an unthinkable promotion, without that promotion we'd have been financially crippled. It's a fine fine margin and it's not one fans can control. If owners wanna go win or bust, fans have to sit back and accept it.

You are very much in support of ALK and the finances behind the takeover, which includes a huge loan. You say ''Derby fans were fine with the club spending money'' you tarred them all with the same brush, all Burnley fans don't like the finances behind the ALK takeover.

5 years down the line, we are in a similar position to Derby, ALK have ran up more debts we can't pay.


Does that make you personally to blame for ALK's debts because you are very much in favour now?
I support the takeover by ALK, only because I can see them making forward efforts to increase the club's overall revenue so the debt isn't an issue.
As has been said time and again, the club had stood still for years in many areas, allowing itself to be overtaken by league rivals, missing out on an unknown amount of revenue etc.

If ALK had done the nothing to grow the club's revenue streams then I wouldn't be in favour of it.

The loan taken out by ALK will be serviceable,.mainly dependant on being in the PL, but a relegation wouldn't be the end of the world.
The new owners also see that to make money they need to spend money and that's exactly what they're doing.

"All fans don't like the finances behind the ALK takeover"

Yet again, we don't know all the details about the loan, when the repayments are due, what the repayment amounts are but feel free to complain about something you know very little about.

Garlick and co did a great job, despite claims to the contrary on here, but their time was up.

I'm well aware of how Flood assisted the club and how his company Modus went bust and the debt having to be repaid when it did wasn't ideal, but also non optional.
I'm aware of the embargo for the club missing a payment on the Chris eagles deal.
I'm aware Kilby sold the ground to a company he set up to assist the club with cash flow problems and how the directors also loaned money to the club with a reasonable interest rate on those loans, although they were far more reasonable than anything the banks would've offered.

I probably know more than you realise, but I like to read a lot.

The main differences between Burnley and Derby, from what I've seen, is our accounts have been filed on time and our wage bill is less than our incomings by a reasonable amount.
Burnley fans can see the club has been ran in a sustainable manner and most of them accept it, Derby fans knew they weren't ran sensibly and lauded it over their league rivals making stupid claims like Mel having the EFL on strings etc.

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Re: Derby - administration

Post by Quickenthetempo » Sun Sep 19, 2021 8:29 am

Just seen on twitter that MSD could technically take over Derby County.

What would that mean for us and Southampton? It can't be in the rules for club owners to lend money to other clubs?

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Re: Derby - administration

Post by KRBFC » Sun Sep 19, 2021 9:36 am

GodIsADeeJay81 wrote:
Sun Sep 19, 2021 7:57 am

Burnley fans can see the club has been ran in a sustainable manner and most of them accept it, Derby fans knew they weren't ran sensibly and lauded it over their league rivals making stupid claims like Mel having the EFL on strings etc.
We haven't always been ran in a sustainable manner though and we benefited from it..... non of us complained.

As you mention we were put under transfer embargo for the Eagles deal, Eagles was a key part of that promotion winning side.

It's very easy to run in a sustainable manner when your TV income is £135m a year. 10 years without that income, let's see if we're still ran in a sustainable manner because we weren't prior to that income.

I'm not even gonna debate the whole tar thousands of fans with the same brush based on opinions from a few stuff.

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Re: Derby - administration

Post by Devils_Advocate » Sun Sep 19, 2021 9:44 am

GodIsADeeJay81 wrote:
Sun Sep 19, 2021 7:57 am
I support the takeover by ALK, only because I can see them making forward efforts to increase the club's overall revenue so the debt isn't an issue.
It very well could be if we go down and use the parachute payments to fund keeping a Premier League wage bill in the attempt to get back up and dont succeed.

By your logic if this happened you would be having ago at your 5 year old self for not protesting now (even though there's nothing to protest about)

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Re: Derby - administration

Post by GodIsADeeJay81 » Sun Sep 19, 2021 9:46 am

Devils_Advocate wrote:
Sun Sep 19, 2021 9:44 am
It very well could be if we go down and use the parachute payments to fund keeping a Premier League wage bill in the attempt to get back up and dont succeed.

By your logic if this happened you would be having ago at your 5 year old self for not protesting now (even though there's nothing to protest about)
The club has always put relegation clauses into the players contracts.
Can't see that's changed, so we won't be running a PL wage bill if we get relegated, hope that helps calm you down a little.

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Re: Derby - administration

Post by GodIsADeeJay81 » Sun Sep 19, 2021 9:48 am

KRBFC wrote:
Sun Sep 19, 2021 9:36 am
We haven't always been ran in a sustainable manner though and we benefited from it..... non of us complained.

As you mention we were put under transfer embargo for the Eagles deal, Eagles was a key part of that promotion winning side.

It's very easy to run in a sustainable manner when your TV income is £135m a year. 10 years without that income, let's see if we're still ran in a sustainable manner because we weren't prior to that income.

I'm not even gonna debate the whole tar thousands of fans with the same brush based on opinions from a few stuff.
Correct, we haven't, BUT we didn't carry on with it either, unlike numerous other clubs

If it's so easy to be ran sustainably with that amount of income, why didn't other clubs manage it, like Bournemouth for example?
Maybe it's not so easy, maybe it actually takes proper business acumen to ensure a club is ran within its limits, something Garlick and co did spectacularly well.

Debate what you like, but Derby fans running around on social media mocking others was exactly the same behaviour as Bolton and Blackburn fans.

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Re: Derby - administration

Post by Woodleyclaret » Sun Sep 19, 2021 9:49 am

Our directors have had their money back many times over at far better rates than they would have got from any other investment

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Re: Derby - administration

Post by Devils_Advocate » Sun Sep 19, 2021 9:54 am

GodIsADeeJay81 wrote:
Sun Sep 19, 2021 9:46 am
The club has always put relegation clauses into the players contracts.
Can't see that's changed, so we won't be running a PL wage bill if we get relegated, hope that helps calm you down a little.
Even with relegation clauses our wage bill would not be sustainable without parachute payments. If instead of using the parachute payments to manage the reduction of our wage bill to a sustainable level they use it to keep funding trying to get promoted we could easily be left in the financial sh*t with a debt we can no longer service.

This is a quite plausible scenario and again by your own logic you should be foreseeing this and protesting.

Just to be clear I havent got a problem with Mr Pace and his chums but just pointing out your generalisations and logic about other sets of fans is a little floored

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Re: Derby - administration

Post by GodIsADeeJay81 » Sun Sep 19, 2021 10:14 am

Ok, if you have deemed it flawed then so be it.

Either way, it's gone on.

Our wage bill would be reduced over time if we remained in the championship, we wouldn't continue to run in an unsustainable manner with a wage bill 140% of income like Derby were at the last accounts seen from a few years ago.

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Re: Derby - administration

Post by DCWat » Sun Sep 19, 2021 10:19 am

Just how long will it be before our revenue streams are at anything like the level needed for relegation not to be a huge issue?

It’s still very early days but we look to be years, if not decades off such a feat, if indeed it’s actually attainable, when there are plenty other clubs wanting a bite of the same pie.

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Re: Derby - administration

Post by GodIsADeeJay81 » Sun Sep 19, 2021 10:31 am

Relegation is only an issue when the wage bill gets out of control

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Re: Derby - administration

Post by KRBFC » Sun Sep 19, 2021 10:48 am

GodIsADeeJay81 wrote:
Sun Sep 19, 2021 9:48 am
Correct, we haven't, BUT we didn't carry on with it either, unlike numerous other clubs

If it's so easy to be ran sustainably with that amount of income, why didn't other clubs manage it, like Bournemouth for example?
Maybe it's not so easy, maybe it actually takes proper business acumen to ensure a club is ran within its limits, something Garlick and co did spectacularly well.

Debate what you like, but Derby fans running around on social media mocking others was exactly the same behaviour as Bolton and Blackburn fans.
We didn't carry on with it because we hit the golden ticket and somehow got promoted so our income went up to £100m+.

It's incredibly easy to be sustainable when your income is £135m a year and you buy players like Peter Crouch.

and some Burnley fans have been racist previously, does that mean we're all racists then? The opinion of the 0.01% on social media isn't a reflection of the 30,000+ Derby fans.

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Re: Derby - administration

Post by KRBFC » Sun Sep 19, 2021 10:56 am

GodIsADeeJay81 wrote:
Sun Sep 19, 2021 10:31 am
Relegation is only an issue when the wage bill gets out of control
Our wage bill in 2015/16 Championship season was £27m a year. Our wage bill has rose significantly since then, maybe you can explain how a conservative figure of £40m a year is sustainable in the Championship.

It's so so easy to take the high ground and pretend we have been nothing but squeaky clean little Burnley plugging away without taking financial risks but it simply isn't true at all. Just because we currently have £140m a season income, that can change very quickly and we could quite easily find ourselves in a similar position to Derby and others.

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Re: Derby - administration

Post by GodIsADeeJay81 » Sun Sep 19, 2021 12:46 pm

KRBFC wrote:
Sun Sep 19, 2021 10:48 am
We didn't carry on with it because we hit the golden ticket and somehow got promoted so our income went up to £100m+.

It's incredibly easy to be sustainable when your income is £135m a year and you buy players like Peter Crouch.

and some Burnley fans have been racist previously, does that mean we're all racists then? The opinion of the 0.01% on social media isn't a reflection of the 30,000+ Derby fans.
We for £7million plus for Vokes though which you've conveniently ignored and we got crouch for free....again, great business acumen.
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Re: Derby - administration

Post by GodIsADeeJay81 » Sun Sep 19, 2021 12:48 pm

KRBFC wrote:
Sun Sep 19, 2021 10:56 am
Our wage bill in 2015/16 Championship season was £27m a year. Our wage bill has rose significantly since then, maybe you can explain how a conservative figure of £40m a year is sustainable in the Championship.

It's so so easy to take the high ground and pretend we have been nothing but squeaky clean little Burnley plugging away without taking financial risks but it simply isn't true at all. Just because we currently have £140m a season income, that can change very quickly and we could quite easily find ourselves in a similar position to Derby and others.
It would be sustainable for the duration of the parachute payments and by the end of those we'd be replacing players with cheaper ones wage wise.
When Bolton were on their arse they were still offering Jay Spearing £17k a week, that wasn't them trying to reduce their wage bill.

It's genuinely not that difficult to grasp if you sit and think about it.

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Re: Derby - administration

Post by KRBFC » Sun Sep 19, 2021 3:36 pm

GodIsADeeJay81 wrote:
Sun Sep 19, 2021 12:48 pm
It would be sustainable for the duration of the parachute payments and by the end of those we'd be replacing players with cheaper ones wage wise.
When Bolton were on their arse they were still offering Jay Spearing £17k a week, that wasn't them trying to reduce their wage bill.

It's genuinely not that difficult to grasp if you sit and think about it.
sounds simple, so how do we get players/people out of the club who are big earners and under contract?

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Re: Derby - administration

Post by Jakubclaret » Sun Sep 19, 2021 3:40 pm

Think the assumption is that they’d already have departed by then with the RRC by then in effect the scenario would be the championship. I don’t agree with him but that’s what I think he’s suggesting the situation would be.

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Re: Derby - administration

Post by GodIsADeeJay81 » Sun Sep 19, 2021 3:53 pm

KRBFC wrote:
Sun Sep 19, 2021 3:36 pm
sounds simple, so how do we get players/people out of the club who are big earners and under contract?
Contracts last 3-5 years generally.
We can sell at anytime we wish, some contracts can be terminated by mutual consent etc.

It really is that simple, then we sign other players on wages that fit into where we need our wage bill to be.
This is where many clubs go wrong, by continuing to over pay in wages and fees, because the mindset is they need to give in to players wage demands etc.

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Re: Derby - administration

Post by KRBFC » Sun Sep 19, 2021 4:03 pm

GodIsADeeJay81 wrote:
Sun Sep 19, 2021 3:53 pm
Contracts last 3-5 years generally.
We can sell at anytime we wish, some contracts can be terminated by mutual consent etc.

It really is that simple, then we sign other players on wages that fit into where we need our wage bill to be.
This is where many clubs go wrong, by continuing to over pay in wages and fees, because the mindset is they need to give in to players wage demands etc.

Our 2 current highest earners are contracted for 5 more years.
contract termination isn't free.
Sell? sounds easy, not quite that easy to sell players paid well above their worth/quality especially when they're old with zero resale value. How do we sell Jay Rodriguez? which Championship/League One club is stupid enough to pay him £50,000+ a week? same for Stephens on £37,500 a week?

Yes I'm aware thankfully they're both out of contract in the summer, was just highlighting how difficult it is to sell players, it's not that easy.

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Re: Derby - administration

Post by GodIsADeeJay81 » Sun Sep 19, 2021 4:21 pm

KRBFC wrote:
Sun Sep 19, 2021 4:03 pm
Our 2 current highest earners are contracted for 5 more years.
contract termination isn't free.
Sell? sounds easy, not quite that easy to sell players paid well above their worth/quality especially when they're old with zero resale value. How do we sell Jay Rodriguez? which Championship/League One club is stupid enough to pay him £50,000+ a week? same for Stephens on £37,500 a week?

Yes I'm aware thankfully they're both out of contract in the summer, was just highlighting how difficult it is to sell players, it's not that easy.
Jay and Stephens are both out of contract next summer as you've said, so we wouldn't have to worry, but also they'll have relegation clauses so wouldn't be on wages as high as they are now.

Our 2 highest earners are Mee and Tarks last time I saw a wage guesstimate, both OOC next summer.

Cornet has a resale value, as does McNeil, Pope, Wood etc.

Despite what some people like to say, we do have players that will be wanted if we went down next summer and we'd get good money for them, again despite what people claim with their low valuations.

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Re: Derby - administration

Post by Vegas Claret » Sun Sep 19, 2021 4:24 pm

Jeffbfc wrote:
Sat Sep 18, 2021 11:30 am
The real loser's are the non-football companies who will get a pittance rather than all the monies they are owned.
Remember a guy on 5live who supplied Leeds's with pies for match days, he was owed £30,000 but was told by the administrator's it will be 10p for every pound so £3000.
While the football side (players other clubs) would get the full amounts owed, stinks!
exactly this, happened when Leicester played the same card, the company that built the ground only got 5 million quid apparently.

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Re: Derby - administration

Post by Vegas Claret » Sun Sep 19, 2021 4:25 pm

KRBFC wrote:
Sun Sep 19, 2021 4:03 pm
Our 2 current highest earners are contracted for 5 more years.
contract termination isn't free.
Sell? sounds easy, not quite that easy to sell players paid well above their worth/quality especially when they're old with zero resale value. How do we sell Jay Rodriguez? which Championship/League One club is stupid enough to pay him £50,000+ a week? same for Stephens on £37,500 a week?

Yes I'm aware thankfully they're both out of contract in the summer, was just highlighting how difficult it is to sell players, it's not that easy.
if we go down we will offer Jay a new deal

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Re: Derby - administration

Post by KRBFC » Sun Sep 19, 2021 4:28 pm

GodIsADeeJay81 wrote:
Sun Sep 19, 2021 4:21 pm
Jay and Stephens are both out of contract next summer as you've said, so we wouldn't have to worry, but also they'll have relegation clauses so wouldn't be on wages as high as they are now.

Our 2 highest earners are Mee and Tarks last time I saw a wage guesstimate, both OOC next summer.

Cornet has a resale value, as does McNeil, Pope, Wood etc.

Despite what some people like to say, we do have players that will be wanted if we went down next summer and we'd get good money for them, again despite what people claim with their low valuations.
Dyche and Cornet will be our 2 highest earners.

I mean I had people on here telling me JBG would walk into the AC Milan team, Wood was going to Lazio and Benfica wanted Brian Jensen.

Jessie Lingaard wouldn't get into our side, we must have some reyt valuable attackers on our hands.

I've just read we've got a central defender better than Maguire, that's £90m right there!

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Re: Derby - administration

Post by GodIsADeeJay81 » Sun Sep 19, 2021 4:50 pm

KRBFC wrote:
Sun Sep 19, 2021 4:28 pm
Dyche and Cornet will be our 2 highest earners.

I mean I had people on here telling me JBG would walk into the AC Milan team, Wood was going to Lazio and Benfica wanted Brian Jensen.

Jessie Lingaard wouldn't get into our side, we must have some reyt valuable attackers on our hands.

I've just read we've got a central defender better than Maguire, that's £90m right there!
Managers don't count when it comes to this sort of debate, but no one's gonna begrudge his wages, he's worth every penny even you'd struggle to counter that...although you might try I suppose.

Cornet is rumoured to be on £50k a week, that's less than Mee, Tarks, Wood

Wood will be wanted, proven PL goal scorer, bangs in 10 plus every season he's been here with us, not many match that as has been pointed out before.

Lingaard - still going there are you, despite him having a shocking season with a single assist and needing to get out on loan?
Whatever helps you get off tbh, cry harder for all I care.

Maguire is over priced we all know that, but I'm not saying Tarks is better than him, VVD definitely is though, which is why Utd went and signed Varane to help cover Maguire's obvious lack of pace and turning circle of the QE2 etc.

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Re: Derby - administration

Post by KRBFC » Sun Sep 19, 2021 4:55 pm

GodIsADeeJay81 wrote:
Sun Sep 19, 2021 4:50 pm
Managers don't count when it comes to this sort of debate, but no one's gonna begrudge his wages, he's worth every penny even you'd struggle to counter that...although you might try I suppose.

Cornet is rumoured to be on £50k a week, that's less than Mee, Tarks, Wood

Wood will be wanted, proven PL goal scorer, bangs in 10 plus every season he's been here with us, not many match that as has been pointed out before.

Lingaard - still going there are you, despite him having a shocking season with a single assist and needing to get out on loan?
Whatever helps you get off tbh, cry harder for all I care.

Maguire is over priced we all know that, but I'm not saying Tarks is better than him, VVD definitely is though, which is why Utd went and signed Varane to help cover Maguire's obvious lack of pace and turning circle of the QE2 etc.
Did you say that about Lingard? :o
It wasn't a personal thing but judging by your reaction, I assume you said it? Please tell me you didn't say it.... :cry:

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Re: Derby - administration

Post by ClaretAL » Sun Sep 19, 2021 6:51 pm

apologies if it has already been asked and answered, but if they go in to administration, would that make the contracts of the players null and void to avoid any more outgoings? And of so does that mean we could sign 1 of them as no contract? Just thinking Jason Knight etc.

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Re: Derby - administration

Post by GodIsADeeJay81 » Sun Sep 19, 2021 6:55 pm

ClaretAL wrote:
Sun Sep 19, 2021 6:51 pm
apologies if it has already been asked and answered, but if they go in to administration, would that make the contracts of the players null and void to avoid any more outgoings? And of so does that mean we could sign 1 of them as no contract? Just thinking Jason Knight etc.
No, only doing a Bury would make the player contracts null and void.

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Re: Derby - administration

Post by GodIsADeeJay81 » Tue Sep 21, 2021 11:45 am

Any new Derby buyer 'must spend £50M just to clear the club's debts' https://mol.im/a/10012203 via http://dailym.ai/android

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Re: Derby - administration

Post by Sleeping Cat » Tue Sep 21, 2021 1:37 pm

Prior to Morris' involvement they were run quite sensibly picking up good players for a few hundred k, particularly under Nigel Clough. But Morris swaggered in and they began to overspend, chasing the dream.

Back in 2015 they paid us over £3m for 32 year old Jason Shackell who they gave a 3 year contract on 45k a week, double what we had been paying him the previous season in the premier league. Also around the same time they brought in Schteve McLaren, Tom Ince, Darrent Bent, Bradley Johnson, Andreas Wieman, Nick Blackman (6 month wonder they signed from Reading for almost 4m). This season alone probably cause a lot of the problems they are now facing.

they've also had the costly expense of hiring and sacking 7 big name managers in the space of 5 years. The arrogant Paul Clement, Nigel Pearson, McLaren (again), Gary Rowett, Lampard, Phillip Cocu & Rooney. None of which would be cheap appointments or sackings.

in more recent years the transfer spending is not as high, although they did pay A fair sum for Vydra and some kid from Arsenal. But they've used a lot of loans and bringing Mount & Wilson in on loan from Chelsea & Liverpool would have had significant costs in fees and wages, and at the end of that fruitless season, the player just leaves.

Sympathy for the fans, but not many complain when the spending is perceived as ambition and drive by the club, not a financial time bomb.

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Re: Derby - administration

Post by ClaretTony » Wed Sep 22, 2021 1:40 pm

Sleeping Cat wrote:
Tue Sep 21, 2021 1:37 pm
Prior to Morris' involvement they were run quite sensibly picking up good players for a few hundred k, particularly under Nigel Clough. But Morris swaggered in and they began to overspend, chasing the dream.

Back in 2015 they paid us over £3m for 32 year old Jason Shackell who they gave a 3 year contract on 45k a week, double what we had been paying him the previous season in the premier league. Also around the same time they brought in Schteve McLaren, Tom Ince, Darrent Bent, Bradley Johnson, Andreas Wieman, Nick Blackman (6 month wonder they signed from Reading for almost 4m). This season alone probably cause a lot of the problems they are now facing.

they've also had the costly expense of hiring and sacking 7 big name managers in the space of 5 years. The arrogant Paul Clement, Nigel Pearson, McLaren (again), Gary Rowett, Lampard, Phillip Cocu & Rooney. None of which would be cheap appointments or sackings.

in more recent years the transfer spending is not as high, although they did pay A fair sum for Vydra and some kid from Arsenal. But they've used a lot of loans and bringing Mount & Wilson in on loan from Chelsea & Liverpool would have had significant costs in fees and wages, and at the end of that fruitless season, the player just leaves.

Sympathy for the fans, but not many complain when the spending is perceived as ambition and drive by the club, not a financial time bomb.
That sums it up perfectly. They pushed and pushed for Shackell who eventually forced our hands by downing tools out in Austria. But the spending at times was ridiculous and I'd forgotten about Blackman. What a waste of money he was.

And, to, confirm, Derby have just confirmed they have now gone into administration with Andrew Hosking, Carl Jackson and Andrew Andronikou, managing directors at business advisory firm Quantuma, appointed as administrators.

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Re: Derby - administration

Post by dandeclaret » Wed Sep 22, 2021 1:45 pm

Wonder if we'll agree a future transfer for the lad in midfield.

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Re: Derby - administration

Post by Andingle » Wed Sep 22, 2021 1:49 pm

dandeclaret wrote:
Wed Sep 22, 2021 1:45 pm
Wonder if we'll agree a future transfer for the lad in midfield.
Knight ?
Not seen much but appears a prospect from what I've read.

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Re: Derby - administration

Post by tiger76 » Wed Sep 22, 2021 1:57 pm

12 point deduction for officially entering administration, sending them plunging to the foot of the Championship table.https://www.bbc.co.uk/sport/football/58649432

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Re: Derby - administration

Post by dandeclaret » Wed Sep 22, 2021 2:04 pm

Andingle wrote:
Wed Sep 22, 2021 1:49 pm
Knight ?
Not seen much but appears a prospect from what I've read.
Yeah - that's him. All bids are good bids now. Suspect they can sign him now, and register him in January - similar to when Joey Barton came back.

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Re: Derby - administration

Post by duncandisorderly » Wed Sep 22, 2021 2:25 pm

is this a new offense, or might Wycombe have some legal basis to mount an appeal against their relegation?

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Re: Derby - administration

Post by ClaretTony » Wed Sep 22, 2021 2:28 pm

dandeclaret wrote:
Wed Sep 22, 2021 2:04 pm
Yeah - that's him. All bids are good bids now. Suspect they can sign him now, and register him in January - similar to when Joey Barton came back.
I think we were able to do a pre-contract with Joey because he was coming from a club in a different country. We can't do that with a Derby player but I do recall Preston doing something early to sign Tom Barkhuisen from Morecambe.

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Re: Derby - administration

Post by ClaretTony » Wed Sep 22, 2021 2:30 pm

duncandisorderly wrote:
Wed Sep 22, 2021 2:25 pm
is this a new offense, or might Wycombe have some legal basis to mount an appeal against their relegation?
It's today because they've just gone into admin. There is the other issue which could still cost them nine more points which I think Wycombe would have an argument with although it won't get them anywhere.

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