Silence of The Rams

clay said:
That's literally what happened though: the agency made a single payment of £1.6m to Quantuma to cover the wages. It gets reported as "agent pays salaries" but that doesn't mean they made a series of individual payments to DCFC employees.
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Thanks Clay, I didn’t know the monies had gone directly to Quantama for processing. It will be interesting to find out what they did with it.
 
Seen rumours today that James Chester and Connor Houriane are on the way to Derby. If that happens it is absoutely ridiculous, both players wages demands will surely be comfortable championship wages. If Derby are paying that after paying most of their creditors 25p in the £ it's a disgrace.
 
MickaelDebevePhenomenal said:
Seen rumours today that James Chester and Connor Houriane are on the way to Derby. If that happens it is absoutely ridiculous, both players wages demands will surely be comfortable championship wages. If Derby are paying that after paying most of their creditors 25p in the £ it's a disgrace.
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they should only be allowed to come out of administration under EFL approved business plans and spending caps
 
Derby are still being allowed to do the dirty on us "other" 71 clubs - who are [mostly] trying to go about our business within the rules.

We are aware a number of clubs are sailing close to the financial wind at the moment - I wonder the outcome if they end up like Derby - and if they will have recourse to the courts if the EFL attempt to treat them any differently?

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uncle_rico said:
Looks like they are about to finally announce the takeover is complete.

I hope there is an enquiry in to what they have got away without paying to HMRC, and others.
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I was thinking exactly that, there needs to be full disclosure on what debt they have wiped away, what they've got away with from HMRC, how much free FFP head room they got from selling a 30m stadium for 80m, then buying back for 25m roughly. Sounds like that will give them a 25m FFP advantage over clubs that didn't cheat the system like that....and of course that 25m advantage on FFP will occur this season and for the next 2 seasons.....that sounds like rewarding cheating and poor financial management
 
BoroMart said:
I was thinking exactly that, there needs to be full disclosure on what debt they have wiped away, what they've got away with from HMRC, how much free FFP head room they got from selling a 30m stadium for 80m, then buying back for 25m roughly. Sounds like that will give them a 25m FFP advantage over clubs that didn't cheat the system like that....and of course that 25m advantage on FFP will occur this season and for the next 2 seasons.....that sounds like rewarding cheating and poor financial management
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And the EFL are wholly complicit in it.
 
The authorities were tough on us in 86, if we didn't cover all debt, then we were done for and would have been thrown out of the league. It was horrible at the time but with hindsight it was fair to our creditors and the football family.

Derby are lucky that it looks like a deal has been made that saves them from the fate of Darlo, Bury, Macclesfield etc. but probably condemns some local small business to the very same fate they have just avoided.

This is just the latest case of a club benefitting from administration and to shed debt (would the Thai's have bought out Leicester if they were still a club saddled with debt racked up under previous owners? maybe/maybe not).

The rules should never have been changed allowing a team to gain a financial advantage following previous poor management (or cheating) and retaining their golden ticket to the Football League
 
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