Welcome Derby County to League 1

[Marked Ox]

Confirmed: no further points deduction for the club as the Clowes bid meets all the criteria. Liam Rosenior is the first team head coach on an interim basis, but I have a feeling that will be made permanent very soon.

Assuming it is completed, at least it is now sorted for you.

 

[kieran_vale]

Confirmed: no further points deduction for the club as the Clowes bid meets all the criteria. Liam Rosenior is the first team head coach on an interim basis, but I have a feeling that will be made permanent very soon.

Good news, hopefully this all goes through now for Derby.

Far from the last club who this is going to happen to. Suspect Birmingham up in the Championship as an example are an admin waiting to happen the way things are going there.

 

[Fuzzyvalefan]

Still baffles me that HMRC allow that kinda debt to be racked up (relative to the size of the business)?

If my experience with the HMRC is anything to go by, Derby probably rang them 2 years ago to warn them but are still on hold.

 

[Luke Imp]

Bit of a weird twist now with Rooney's agents company paying wages, although I think I read if it went to the administrators as a loan and then used to pay wages then it's acceptable and doesn't break any rules?

 

[Daviddcfc]

Bit of a weird twist now with Rooney's agents company paying wages, although I think I read if it went to the administrators as a loan and then used to pay wages then it's acceptable and doesn't break any rules?

Nothing wierd about it .

Why are ENGLISH football fans in such denial ??

 

[BarrieOwl]

Nothing wierd about it .

Why are ENGLISH football fans in such denial ??

About what you spam javelin?

 

[Super_horns]

Finally the latest takeover has been completed.

https://twitter.com/x/status/1542914083200143362

 

[kieran_vale]

Good news for Derby fans, would have been a lot sooner if they hadn’t wasted so much time with Kirchner. Presume there’s going to be restrictions on what they’re allowed to do in terms of signings.

 

[Bartonyellow]

“The club's debts have continued to mount throughout the protracted period in administration, with figures from Quantuma last month revealing that HM Revenue and Customs' total claim for unpaid taxes had risen to £36m from £28m.

The club also owes finance company MSD £24m, while Quantuma themselves accumulated costs of £2.1m in the first six months of administration”
So based on that, they should have no money left to buy many players. Plus arsenal are owed money. And all the other creditors - small businesses which will need paying.

 

[Marked Ox]

“The club's debts have continued to mount throughout the protracted period in administration, with figures from Quantuma last month revealing that HM Revenue and Customs' total claim for unpaid taxes had risen to £36m from £28m.

The club also owes finance company MSD £24m, while Quantuma themselves accumulated costs of £2.1m in the first six months of administration”
So based on that, they should have no money left to buy many players. Plus arsenal are owed money. And all the other creditors - small businesses which will need paying.

When has no money stopped a football club, even when coming out of administration?

 

[SF_]

Barkhuizen, Chester, Hourihane, and Mendez-Laing all targets supposedly, they'll all want a decent wage.

Imagine Derby will still manage 25k crowds this season to pay for them though.

 

[WhiteRussian]

Have the new owners bought the ground or are they going to hsve to find the rent for it?

 

[leedsvaliant]

Barkhuizen, Chester, Hourihane, and Mendez-Laing all targets supposedly, they'll all want a decent wage.

Imagine Derby will still manage 25k crowds this season to pay for them though.

The guy who has bought them isn't super rich and has to pay off a lot of debts, I can't imagine they're going to be silly with signings this season.

 

[BarrieOwl]

Have the new owners bought the ground or are they going to hsve to find the rent for it?

Bought the stadium

 

[BarrieOwl]

The guy who has bought them isn't super rich and has to pay off a lot of debts, I can't imagine they're going to be silly with signings this season.

They are paying off 25p in the pound, shouldn't be allowed to pay above 5k a week or a single fee for me.

 

[masi51]

They are paying off 25p in the pound, shouldn't be allowed to pay above 5k a week or a single fee for me.

Dont think they will. We was capped at 4k and paid no fees for two years on 35p in the pound.
Good luck to them will need it no way has due dilegence been done in 10 or so days.

 

[BarrieOwl]

Dont think they will. We was capped at 4k and paid no fees for two years on 35p in the pound.
Good luck to them will need it no way has due dilegence been done in 10 or so days.

They can't sign the likes of Mendez Laing, Barkhuizen etc etc on.4k a week.

 

[Greenacres]

They are paying off 25p in the pound, shouldn't be allowed to pay above 5k a week or a single fee for me.

That sounds pretty generous, I seem to recall that when Leeds United went bust a few years ago they paid out something like 2p in the pound to creditors...that included organisations like St John's Ambulance who provide medical cover on matchdays. I don't want to see any club go bust, it nearly happened to us just over ten years ago when we owed £25k to the inland revenue and had no income due to matches being postponed in the depths of winter, but when clubs seem to have millions of debt just wiped out...that is tacking the mick.

 

[BarrieOwl]

That sounds pretty generous, I seem to recall that when Leeds United went bust a few years ago they paid out something like 2p in the pound to creditors...that included organisations like St John's Ambulance who provide medical cover on matchdays. I don't want to see any club go bust, it nearly happened to us just over ten years ago when we owed £25k to the inland revenue and had no income due to matches being postponed in the depths of winter, but when clubs seem to have millions of debt just wiped out...that is tacking the mick.

Leeds suffered with points penalties in both seasons though

 

[kieran_vale]

So Derby have signed Barkhuizen. Don’t get me wrong am glad they’ve survived as a club but if they go out now flashing the money on a load of signings it’s going to leave a bad taste in the mouth to say the least.

 

[BarrieOwl]

So Derby have signed Barkhuizen. Don’t get me wrong am glad they’ve survived as a club but if they go out now flashing the money on a load of signings it’s going to leave a bad taste in the mouth to say the least.

It would to me too fella

 

[The Jovial Forester]

Out of rehab and straight back on the lash.

 

[LancashireTrotters]

I honestly think Derby fans are in for a rude awakening this season.

I don’t think these signings are particularly spectacular.

Wouldn’t surprise me if they finished well off the top 6.

 

[leedsvaliant]

So Derby have signed Barkhuizen. Don’t get me wrong am glad they’ve survived as a club but if they go out now flashing the money on a load of signings it’s going to leave a bad taste in the mouth to say the least.

Seems grossly unfair. Surely they should have a cap on wages and spend?

 

[91SPP]

Seems grossly unfair. Surely they should have a cap on wages and spend?

There is a business plan in place that we have to live within, but no one really knows what that looks like - other than a comment from Nixon that says it’s very competitive for League One.

I think there will be no transfer fees or ultimately a break even on outgoing transfers, not sure. We will find out.

No idea what the likes of the players we’ve brought in will be on, but at this point the only thing we can derive is that they are within our business plan and spending restrictions.

 

[91SPP]

I honestly think Derby fans are in for a rude awakening this season.

I don’t think these signings are particularly spectacular.

Wouldn’t surprise me if they finished well off the top 6.

I don’t think anyone has any expectations, we really don’t know how we will look going into the season. Therefore, I think rude awakening is a bit unfair.

I’ve never watched League One football, but from the outside looking in, it’s been a good breeding ground for talented young players to get their first experience of senior football. It’s a league that is clearly lacking in investment, the average wage is said to be less than £100k a year which obviously is going to impact on quality overall as players can sit in the reserves in the championship and earn more. The top goalscorers last season came from a player who had 8 goals in 75 Championship games, the other is a player who scored 15 in 73 between Scotland’s top two divisions.

Whilst, I appreciate that this season is going to be tough as we’re essentially in a full rebuild under a new manager with a new team and under new ownership. I doubt anyone will or can argue that the standard of League One is very high. I don’t expect to be promoted or even finish in the playoffs, but I do think we will be in a position to be competitive in games once the season starts.

 

[leedsvaliant]

There is a business plan in place that we have to live within, but no one really knows what that looks like - other than a comment from Nixon that says it’s very competitive for League One.

I think there will be no transfer fees or ultimately a break even on outgoing transfers, not sure. We will find out.

No idea what the likes of the players we’ve brought in will be on, but at this point the only thing we can derive is that they are within our business plan and spending restrictions.

Barkhuizen isn't the sort of player you sign in a tight business plan. He'd be our highest paid player. As others have said it doesn't sit very well.

 

[91SPP]

Barkhuizen isn't the sort of player you sign in a tight business plan. He'd be our highest paid player. As others have said it doesn't sit very well.

Maybe, but there is a huge disparity between the revenue between Vale and Derby. Derby will turn over close to £20m this season (down from £30m which we were roughly at pre-covid). Vale, I’m assuming will sit roughly £7m although not easy to tell. I would assume just shy of double Burton Albion’s £4m, but that’s a stick your finger in the wind and guess.

Derby have a fresh start, with some agreed financial restrictions on trading for the foreseeable future. Mel Morris, the person who caused the mess, doesn’t benefit from the club in any way going forward hence why there is a business plan, no further punishment.

The business plan will be subject to us not running up any excess finances going forward and players coming to the club will sit within sustainable parameters based on the takeover - minus investment from Clowes in academy, etc.

 

[PuB]

No quite true there is no further punishment you guys are still under a transfer embargo, which will limit squad size, fees, loan fees plus a turnover percentage limit. Not that the latter will bother you much.

 

[BarrieOwl]

Maybe, but there is a huge disparity between the revenue between Vale and Derby. Derby will turn over close to £20m this season (down from £30m which we were roughly at pre-covid). Vale, I’m assuming will sit roughly £7m although not easy to tell. I would assume just shy of double Burton Albion’s £4m, but that’s a stick your finger in the wind and guess.

Derby have a fresh start, with some agreed financial restrictions on trading for the foreseeable future. Mel Morris, the person who caused the mess, doesn’t benefit from the club in any way going forward hence why there is a business plan, no further punishment.

The business plan will be subject to us not running up any excess finances going forward and players coming to the club will sit within sustainable parameters based on the takeover - minus investment from Clowes in academy, etc.

20m

How