Derby County in administration


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I'm pretty sure I read an interview with the wycombe chairman where he stated because of derby getting potential points deductions next season as well, he could well see Derby County becoming a league two side soon...

Apparently they are due to be deducted more points this season

Such a sad state of affairs for a big club like Derby. Its the owners fault trying to chase the Premier league riches, yet the fans suffer

Much tighter regulation and independent book keeping by the efl is needed.......
 
Such a sad state of affairs for a big club like Derby. Its the owners fault trying to chase the Premier league riches, yet the fans suffer

Much tighter regulation and independent book keeping by the efl is needed.......
Most Championship clubs are guilty of this, and as has been pointed out we were in a near situation ourselves, the football pyramid is Donald Ducked the abyss between the elite Premier League clubs and the rest of us is disgraceful, yet we all aspire to be part of it?
 
Clubs that go into Administration should be automatically relegated and have a salary cap placed on any signings they make for 5 years, so you don't get the likes of Wigan who were in administration last year splashing money around this Summer.
Would that not make it harder to find a new owner though , who would take on a club with a 5 year transfer ban
 
I'm pretty sure I read an interview with the wycombe chairman where he stated because of derby getting potential points deductions next season as well, he could well see Derby County becoming a league two side soon...

Apparently they are due to be deducted more points this season

Such a sad state of affairs for a big club like Derby. Its the owners fault trying to chase the Premier league riches, yet the fans suffer

Much tighter regulation and independent book keeping by the efl is needed.......
That play-off final between derby and villa was literally sh*t or bust for both clubs
 
Due -21 points off aren't they? Not sure a side that will be scrapping against relegation/pushing lower mid table will be able to survive that.

Aye, this is the first 12 with another 9 likely to come, with 3 next season (not sure if that's suspended to next season). After that, there's the prospect of a further 15 if they fail to pay 25% of outstanding sums to non-secured creditors.
 
Clubs that go into Administration should be automatically relegated and have a salary cap placed on any signings they make for 5 years, so you don't get the likes of Wigan who were in administration last year splashing money around this Summer.

That's definitely not the answer. The club which emerges from administration is literally not the same club that entered it. Typically, the administrator will sell the assets of the insolvent club into a new company. That new company will have to pay football creditors in full and other unsecured creditors 35% of the amount, and will need to provide proof of funds to do this in addition to the normal business plan approval required of any new owner. Failure to this results in a further nine point deduction. To submit new owners to restrictions that other clubs aren't amounts to a form of double jeopardy, and would greatly increase the risk of no buyer coming forward, and the club disappearing.
 
For me DCFC are guilty as charged of what boils down to as incompetent financial mismanagement. Put as much sympathetic spin on as you want about them being the poor victims of a dream destined to become a nightmare. A poor little club so desperate to become their idols they destroyed themselves. But they mismanaged the club in horrendous ways. After all they did devise a method of valuing players that is extremely unusual. Who does that? How many ways is there to value players? They have probably done other things that are erroneous and wrong in terms of running the club.

That said the Premiership must take some of the blame when you see what they do to achieve. Lead by example they almost certainly do not. They need to educate and promote to the EFL the idea of how wrong it is to spend more money than they have and not to follow their lead.
 
Portsmouth were bought by The Pompey Fans trust in 2013 when they went into admin.
Not every club has a fanbase of Portsmouth's size, though.

Say a club like Bristol Rovers went into admin - not a particularly wealthy part of the world, and a relatively small fanbase which makes it very difficult for them to get a group of fans to buy the club. You'd just end up with clubs going bust, rather than being saved as no prospective owner would touch them.

Points deduction - which in most cases leads to relegation anyway - is more than enough.

If the Wigan owner has the funds to spend on players, then more power to them
 
Clubs that go into Administration should be automatically relegated and have a salary cap placed on any signings they make for 5 years, so you don't get the likes of Wigan who were in administration last year splashing money around this Summer.
wigan havent been splashing money around really..their wage bill could be lower than last year because last year they were paying champo wages and now are paying league one wages..
 
That's definitely not the answer. The club which emerges from administration is literally not the same club that entered it. Typically, the administrator will sell the assets of the insolvent club into a new company. That new company will have to pay football creditors in full and other unsecured creditors 35% of the amount, and will need to provide proof of funds to do this in addition to the normal business plan approval required of any new owner. Failure to this results in a further nine point deduction. To submit new owners to restrictions that other clubs aren't amounts to a form of double jeopardy, and would greatly increase the risk of no buyer coming forward, and the club disappearing.
Did Leeds,Leicester,Palace,Southampton all clubs currently in the Prem who previously went into admin pay all their debts off? if so then you have a point.
 
Not every club has a fanbase of Portsmouth's size, though.

Say a club like Bristol Rovers went into admin - not a particularly wealthy part of the world, and a relatively small fanbase which makes it very difficult for them to get a group of fans to buy the club. You'd just end up with clubs going bust, rather than being saved as no prospective owner would touch them.

Points deduction - which in most cases leads to relegation anyway - is more than enough.

If the Wigan owner has the funds to spend on players, then more power to them

Couldn't be more wrong. There are two or three areas in Bristol where you can't buy a house for less than a million, and 1 bed flats go for £250-300k. There's a massive spread in wealth from top to bottom, but there are a lot of very wealthy people in Bristol and the surrounding areas.
 
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