What is it with administrators wasting money fighting points deductions

Discussion in 'Bulletin Board' started by Redhelen, Oct 10, 2021.

  1. Redhelen

    Redhelen Well-Known Member

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    Apparently Derby's are going to waste approx £300 000 of creditors money on an apoeal. You'd think they'd learn from Wigan's mistake!
     
    Redhelen, Oct 10, 2021
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  2. She

    Shepley Red Well-Known Member

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    Their argument is based on lack of income due to covid! Of course they were so well run before covid :D
     
    Shepley Red, Oct 10, 2021
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  3. Redhelen

    Redhelen Well-Known Member

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    Wasn't that Wigan's argument too!?
     
    Redhelen, Oct 10, 2021
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  4. She

    Shepley Red Well-Known Member

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    I didn't think it was but just double checked and actually you're right, it was. What a bunch of muppets they are then for going with the same argument :D:D
     
    Shepley Red, Oct 10, 2021
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  5. Old Goat

    Old Goat Well-Known Member

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    Especially when it's a rubbish argument. If it was valid, there would have been loads of clubs going into administration, not just a couple of them.
     
    Old Goat, Oct 10, 2021
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  6. Don

    Donny-Red Well-Known Member

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    TBF there's quite a financial incentive, and they maybe believe they can learn from where Wigan went wrong.
     
    Donny-Red, Oct 10, 2021
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  7. Redhelen

    Redhelen Well-Known Member

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    I'm sure Derby's fiddling with the accounts which they still haven't fully divulged to the EFL is the reason. A waste of money, Mel MOrris made the decision to put the club into admin as did the Wigan owners.
     
    Redhelen, Oct 10, 2021
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  8. ley

    leythtyke Well-Known Member

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    It’s a pretty expensive punt that they’re taking. Wouldn’t be surprised if it was just another delaying tactic, to try and put off the hearing for their ffp penalty
     
    leythtyke, Oct 10, 2021
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  9. red

    redrum Well-Known Member

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    Give them another 9 point deduction and they will still catch us up if we keep schopp
     
    redrum, Oct 11, 2021
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  10. lk3

    lk311 Well-Known Member

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    Wigan lost their appeal, because the ‘owner’ was proven to have checked what the admin process was before COVID.
    I’m guessing Derby won’t have this against them so they feel it’s more likely.
    Derby are sort of club that could get away with using COVID, despite all the historical issues(all though they shouldn’t).

    On a side issue, I believe Derby still have a Director on the board of the EFL, IMO any club undergoing Admin/ Points process shouldn’t be allowed someone on the board.
     
    lk311, Oct 11, 2021
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  11. ley

    leythtyke Well-Known Member

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    Worrying thing is, if they win the appeal, what’s to stop our owners taking the same route out?
     
    leythtyke, Oct 11, 2021
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  12. Mid

    Mido Well-Known Member

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    It makes you wonder if the administrators have 'relationships' with certain lawyers who may be looking for some extra work.
     
    Mido, Oct 11, 2021
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