I honestly forgot he was playing for them.
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[Football] The Derby Way, 2017-18 edition
- Thread starter Bozza
- Start date
Weststander
Well-known member
Owner Mel Morris hugely overspent over FFP, coming up with the stadium sale ruse to retrospectively attempt to get around the regulations. A £60m squad, compared to our £25m promotion squad.
Whether he gets away with that or not, the masterplan failed, they’ve failed to get to the PL for yet another season.
Massive and Derby, run by shysters.
Whether he gets away with that or not, the masterplan failed, they’ve failed to get to the PL for yet another season.
Massive and Derby, run by shysters.
Pavilionaire
Well-known member
- Jul 7, 2003
- 31,262
Derby always falling short. It must hurt to get leapfrogged by Brentford, to see Leeds finally crack it after 16 years and to see WBA, Fulham and Cardiff with parachute payments challenging once more.
Weststander
Well-known member
Cocky posts.
One point from the last twelve, PL dreams shattered.
One point from the last twelve, PL dreams shattered.
Palacefinder General
Well-known member
- Apr 5, 2019
- 2,594
Hopefully another defeat today, and also Forest’s worst start in 66 years. To see the ‘biggest rivalry in world football’ played out in the third tier would be marvellous.
Palacefinder General
Well-known member
- Apr 5, 2019
- 2,594
0-2 down in 12 minutes 
Palacefinder General
Well-known member
- Apr 5, 2019
- 2,594
Make that 0-3 in 15 minutes
Weststander
Well-known member
EFL approve Derby County takeover by Sheikh Khaled Zayed Bin Saquer Zayed Al Nayhan.
Family worth reportedly £118b.
There goes another one .... in the EPL by August 2022?
Family worth reportedly £118b.
There goes another one .... in the EPL by August 2022?
crodonilson
He/Him
Dropped to the bottom of the Championship last night. A crying shame to see such a big club in such a position. Think it demonstrates how much they miss club legend Richard Keogh and the appalling way they treated him last season.
Derbyshire Seagull
Active member
- Oct 21, 2005
- 573
Dropped to the bottom of the Championship last night. A crying shame to see such a big club in such a position. Think it demonstrates how much they miss club legend Richard Keogh and the appalling way they treated him last season.
They are getting backlash for bending FPP rules and the way Mel Morris runs the club. Cocu would be gone but Mel won't sack him as he'll have to pay for it, so will wait for the new owners to do it.
Keogh was a fool and they could have killed someone so all deserved what he got.
BTW Liam Rosenior took charge yesterday....
Last edited:
Keogh was a passenger I believe.
Derbyshire Seagull
Active member
- Oct 21, 2005
- 573
Fair enough but still acted stupidly. Have edited original post.
Summary of Derby's recent financials:
1: Wages have gone from an average of £6,000 to £22,500 a week. Now spending £167 on wages for every £100 of income.
2: Losses of £119m over six seasons, now have operating losses of £900,000 a week
3: £80 million spent on players.
4: Have broken company law by not publishing their 2019 accounts, Covid is no excuse given that the likes of Norwich, Hull and Grimsby have published their figures for 2020.
1: Wages have gone from an average of £6,000 to £22,500 a week. Now spending £167 on wages for every £100 of income.
2: Losses of £119m over six seasons, now have operating losses of £900,000 a week
3: £80 million spent on players.
4: Have broken company law by not publishing their 2019 accounts, Covid is no excuse given that the likes of Norwich, Hull and Grimsby have published their figures for 2020.
Neville's Breakfast
Well-known member
I’m no accountant but doesn’t that make them insolvent ? Or is that more to do with debt ? Is the whole thing being held up by inflated valuation of playing assets ? Not just Derby. If so then that comes with the acquiescence of the EFL.
crodonilson
He/Him
Interesting, I guess this means there is little wriggle room in FFP for their super rich new owners? Makes you wonder why they chose them? For example when the Chinese owners bought Wolverhampton one of the attractions was the club had made profits for the 2 pervious seasons so with the 3 year rolling period it gave them a couple of years to really roll the dice. Don't think Derby can do that?? Also Keogh I believe is taking them to court for unfair dismissal, it was a shabby way to treat a club legend.
Insolvent is where the club cannot pay its debts as they fall due, so cash is more important than profit.
Fortunately Derby's owner Mel Morris managed to sell Pride Park to a new owner (Mel Morris) who paid £81 million for the ground because he thinks it is worth a lot of money if it has a sliding roof to host concerts.
The club agreed to rent the stadium back from the new owner. The rent was assessed as having a fair value of about £4m a season but Derby had a very good negotiator (Mel Morris) who managed to persuade the landlord (Mel Morris) to agree to a much lower figure than that.
There will be challenges for the new owner due to the way the club accounts for players. The other 91 clubs write off transfer fees over the life of the contract but the Derby way is different and has coincidentally reduced losses by £30m over the last three years.
Blimey what are the chances of all the interested parties in that one deal happen to be called Mel Morris?
Sure they're not all Mordechai Vanunu (the greatest name ever)
But by the same token Mel Morris is no John Smith, either.
No big surprise. Matt Clarke back with us come January?