Derby latest club charged by the EFL for breaking financial rules

I like your posts, @SuperTyke, but you have a penchant for truly awful analogies.

 

Probably one of the best analogies I have heard for a very long time

 

And they’ve a betting company paying for Rooney.

Ideal world, all three clubs receive huge fines, all three are banned from making new signings and all three receive huge point deductions.

I can’t imagine there are many except ourselves, who are actually running a football club off its own steam. Yet what do we get for it?

 

Opinions, eh?

 

Its what I do best

 

That told you

 

well at least one... and a transfer embargo too.

 

Is there a reason for a second daughter being introduced and taken to the brothel?

I am wondering why just the first one could not have been taken.

And how many other daughters are there, and if there are indeed more, what do they do for a living?

 

They treat one daughter under championship rules and one under league 1 rules.
There's also a younger daughter and an older one but she got adopted by uncle Mr and Mrs sky a few years ago.

 

I would guess the real reason why it’s not implemented into the Championship is purely financial. A lot of clubs in the Championships have made noises about creating a Premier League 2, so would guess there is an element of fear factor of this happening. As we all know there is no money to be gained from league 1&2 so without the Championship the EFL would struggle to exist.
Doesn’t make any of you’re points less right though.

 

I knew the eldest round about 1997/8.

She and her mates used to hand out beatings to the likes of me.

 

Wait. Where’s this brothel?

 

The McGeehan 3 match ban won't hurt us now.

 

I wonder how long before Bristol City get looked at, Regularly posting 14-17 million losses trying to get them to the Premiership over the last few years(according to Bristol Press). Perhaps that's considered sustainable these days?

 

Not sure how bristol are losing that sort of money when you look they do spend on players, but it's similar to what they have sold players for. They get decent gates. Blackburn or reading would be my guess for the next club in the ****.

 

I have just had a quick look at the Annual Accounts for all the clubs in the Championship this year for seasons 2015/16, 2016/17 and 2017/18. Some of those clubs played in the Championship for the whole of that period and incurred an allowance of £13m per season in losses for those 3 seasons, total £39m. Some some spent part of the time in the Championship (£13m per season), and part of the time in the Premier League (£35m per season). I have ignored those who spent part of the time in the Championship and part in League 1 and League 2, as for that part of those 3 years, they played under different regulations (SCMP). The following clubs look to have broken FFP regulations:

Fulham are £34,492,000 over.
Cardiff City are £31,195,000 over.
Birmingham City are £19,881,000 over.

In addition, the following clubs generated additional profits by selling their grounds to their owners in order to avoid breaking FFP regulations

Sheffield Wednesday £11,056,000 surplus less profit from selling their ground to their owner £38,061,000 = £27,005,000 over.
Derby County £30,974,000 surplus less profit from selling their ground to their owner £39,940,000 = £8,966,000 over.

Currently Birmingham, Sheffield Wednesday and Derby County have been cited. I see no reason why Fulham and Cardiff City should not eventually join them.

 

sorry can't help !
Going a td O/T here I wondered where the word brothel cam from - and how exactly an establishment is 'qualified ' to be called a 'brothel' -- it's an odd word.

 

I really do hope so....but i think the EFL are weak and just dont have the administrative capacity, we are told they are after (Investigating) 3 clubs.
Can you tell me RR, what happened with QPR too please?

 

QPR were fined £20m and their owners were asked to capitalise another £21m of their loans (turn a loan into share capital, which meant that they can never get it back unless they sell the club at a profit, which is unlikely). This action appears to have turned their owners into law abiding citizens. That or they have found another wrinkle that allows them to cheat the system in a different way.

I do not think that the EFL are particularly weak. It is just that these things are likely to be challenged through the courts, which will cost a lot of money either way. For example, QPR were originally fined £17m, but they challenged the EFL to prove that their rules were legal. The EFL had to fight them, and when they eventually won, QPR had to pay the EFL legal costs (£3m), which increased the fine to £20m. These things are not easy. Dealing with rich cheats never is. The shame is that by the time it is all sorted out, and the punishments are applied, the wronged clubs are all resident in lower leagues.

 

I could be wrong but I think the owner is giving the club money, which I believe is acceptable as long as it’s not a loan etc