prowl Posted January 17, 2020 Share Posted January 17, 2020 (edited) Drby have joined us in taking legal action against the EFL Derby County Football Club acknowledges receipt of an EFL notice of charges in respect of the Club’s valuation associated with the sale of Pride Park stadium in June 2018, and further in respect of the Club’s amortisation policy associated with intangible fixed assets (players). The club will strongly contest the challenge to the valuation of Pride Park stadium, as well as the newly notified charge in respect of intangible fixed asset amortisation. As a matter of law, the EFL is not entitled to bring either of the charges, having previously agreed to all of the arrangements surrounding the stadium sale and never having raised the issue of player amortisation before. The Club shall argue that the very bringing of the Charges itself is unlawful. At all times, the Club has acted transparently with the EFL in its submissions for both FFP/P&S and, in respect of the charges above, had received written approval for all of its submissions in respect of this legislation. No allegation has been raised to the contrary by the EFL. Rather, the EFL now claims that it made a “mistake.” The Stadium was valued by professional valuers immediately prior to the transaction. The transaction and valuation were discussed extensively with the EFL Executive, which asked for a relatively modest price adjustment which was accepted. The valuation report was prepared by a highly reputable and professional and independent firm, with industry experience, who had valued the stadium on two prior occasions, one in 2007, and one in 2013. The Club discussed the rationale for the stadium sale with the EFL Executive, ahead of the transaction, supplied and discussed the valuation, and bar a small adjustment in respect of its FFP/P&S submissions, the Club was given written approval. With regard to the Club’s player amortisation policy, this has been a long-term accounting policy and was again reported transparently to the EFL Executive as part of the Club’s submissions and these were again approved and signed off in writing. While the Clubaccepts the EFL’s FFP/P&S regulations are complex and open to interpretation, it is critical when such matters have been discussed and reviewed in detail, that written approval from the EFL is the only basis on which a Club can be assured it has complied. These charges by the EFL Executive bring this fundamental aspect of governance into question. The EFL now claims it made a mistake and seeks to punish the Club that relied on the EFL’s approval. Such conduct is neither lawful nor fair. Had the EFL not given the green light in writing in respect of both charges, the Club would have reacted accordingly. The Club cannot re-trace the steps of the actions it legitimately took in good faith as a result of EFL approval of both matters. The EFL can choose to correct what they now see as an error in their decisions. However, it cannot punish the Club for its own errors. The Club shall therefore vigorously contest the charges and the EFL’s legal right to bring them. The Club and all staff will be making no further comment on these matters. So many similarities, EFL agree one thing then go back on it and try to punish the club. This has got to be great for our case Edited January 17, 2020 by prowl 1 7 Link to comment Share on other sites More sharing options...
Inspector Lestrade Posted January 17, 2020 Share Posted January 17, 2020 Seems to be a pattern emerging sounds like someone at the EFL didn't get the memo. Oh Derby were the flipping Daddy! 1 Link to comment Share on other sites More sharing options...
prowl Posted January 17, 2020 Author Share Posted January 17, 2020 The similarities has got to lead any sensible person the question the integrity of the EFL. My main interest in this is that it makes it much more difficult for EFL to take action against us quickly. That might mean we get away without a points deduction this year. Time to go for it and get promoted out of the EFL's grasp. Sign Wickham now and pray Leeds bottle it again. Link to comment Share on other sites More sharing options...
sherlyegg Posted January 17, 2020 Share Posted January 17, 2020 Did the same lawyer write that, that wrote ours 3 Link to comment Share on other sites More sharing options...
sherlyegg Posted January 17, 2020 Share Posted January 17, 2020 2 minutes ago, prowl said: Sign Wickham now and pray Leeds bottle it again No need for devine intervention...leeds will bottle it, nailed on. Link to comment Share on other sites More sharing options...
Popular Post crookesowl Posted January 17, 2020 Popular Post Share Posted January 17, 2020 2 minutes ago, sherlyegg said: Did the same lawyer write that, that wrote ours Ctrl+C, Ctrl+V 1 10 Link to comment Share on other sites More sharing options...
Maddogbob Posted January 17, 2020 Share Posted January 17, 2020 (edited) Half the championship is up a creek without a paddle next year because of ffp. The constant points deductions reduce the competition to an even greater farce than it is, and that's just the championship. In all three divisions, we have clubs with potential point deductions. And one league missing a club. That means every final league position, will be decided in court rather than on the pitch. Utter madness. Edited January 17, 2020 by Maddogbob Link to comment Share on other sites More sharing options...
The only way is S6 Posted January 17, 2020 Share Posted January 17, 2020 Is it an individual at the EFL who creates these charges, after they've already sanctioned the deals? They're gonna need steel bllx to see this lot through. Or is it a collective? Is there a board of officials? If so, who's on it? Link to comment Share on other sites More sharing options...
Doghouse Daz Posted January 17, 2020 Share Posted January 17, 2020 2 minutes ago, 2roland2 said: Isn’t one of the derby directors actually a director on the EFL board? I mean if he’s on the board signing this off which I would presume they have to do, that’s one hell of an allegation from the EFL. I would be more worried if I was a derby fan than us. Let’s hope they don’t have anything to push forward on us or them Yeah, Stephen Pearce or summat. Link to comment Share on other sites More sharing options...
The only way is S6 Posted January 17, 2020 Share Posted January 17, 2020 2 minutes ago, daztheowl said: Yeah, Stephen Pearce or summat. That's one vote for not guilty then. 3 Link to comment Share on other sites More sharing options...
sweetsheri Posted January 17, 2020 Share Posted January 17, 2020 All this because of Gibson IMO Terrible waste of time and money 1 Link to comment Share on other sites More sharing options...
McRightSide Posted January 17, 2020 Share Posted January 17, 2020 Very similar statement. This is the beginning of the end of the EFL as we know it 1 Link to comment Share on other sites More sharing options...
The only way is S6 Posted January 17, 2020 Share Posted January 17, 2020 Just looked at EFL website Board consists of Rick Parry Chairman Debbie Jevans CBE Simon Bazalgette - Brentford Mark Ashton - Bristol City (Ashton!) Stephen Pearce - Derby CFC Nigel Howe - Reading Jez Moxey - Burton Stephen Curwood - Fleetwood John Nixon - Carlisle So, somebody on there from both Reading & Derby. What a farce. Link to comment Share on other sites More sharing options...
WalthamOwl Posted January 17, 2020 Share Posted January 17, 2020 So the EFL seem to be admitting they made a mistake signing off on the stadium sale and accounts and are looking to punish us and Derby because of their own mistakes. Link to comment Share on other sites More sharing options...
cognacbarnowl Posted January 17, 2020 Share Posted January 17, 2020 1 minute ago, McRightSide said: Very similar statement. This is the beginning of the end of the EFL as we know it Kinda thinking that myself. Looks like the EFL are thumping the self destruct button as hard as they can. I wonder if they'll be charging Reading next, FFS. Link to comment Share on other sites More sharing options...
oldishowl Posted January 17, 2020 Share Posted January 17, 2020 Isn’t Gibson suing the EFL ? Link to comment Share on other sites More sharing options...
Guest Ferkorf Posted January 17, 2020 Share Posted January 17, 2020 Why are people surprised at this ? Chansiri sets the bar, we are pioneers aren't we? Link to comment Share on other sites More sharing options...
cognacbarnowl Posted January 17, 2020 Share Posted January 17, 2020 3 minutes ago, 2roland2 said: so with that in mind are they actually saying that derby and reading actually used influence to get around rules? You would have to think so considering the way it’s gone? it all seems to be since parry came in so maybe he’s come in and said wtf is going on here? Can’t think of any other reason but who knows Have Reading already been charged 2R2? Link to comment Share on other sites More sharing options...
Animis Posted January 17, 2020 Share Posted January 17, 2020 25 minutes ago, Maddogbob said: Half the championship is up a creek without a paddle next year because of ffp. The constant points deductions reduce the competition to an even greater farce than it is, and that's just the championship. In all three divisions, we have clubs with potential point deductions. And one league missing a club. That means every final league position, will be decided in court rather than on the pitch. Utter madness. Yep - it's quickly becoming a laughing stock. I trust they'll be no more Rooney love-in articles on the EFL web site. Link to comment Share on other sites More sharing options...
The only way is S6 Posted January 17, 2020 Share Posted January 17, 2020 2 minutes ago, 2roland2 said: so with that in mind are they actually saying that derby and reading actually used influence to get around rules? You would have to think so considering the way it’s gone? it all seems to be since parry came in so maybe he’s come in and said wtf is going on here? Can’t think of any other reason but who knows Not sure. How could people who sit on a board agree to punish the very clubs they represent? Unless the Derby one is a token gesture, so we don't look victimised. Along the lines of; charge Wednesday and we'd better charge someone else to make it look fair! Don't worry Derby, you'll be alright, you're on the board. 1 Link to comment Share on other sites More sharing options...
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