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Post by bubba on Mar 7, 2020 11:13:16 GMT
I don’t quite know how drastic the EFL business plan was but we signed no more players than they allowed after the Pedersen deal. A quick glance at the accounts show out commercial income increased by £4m our wage bill reduced by £4m and we brought in another £4.5m on disposal of players, which includes loan fees for Ndoye and the sale of Jota. We’ve sold the stadium to a connected entity at a fair value. Although this hasn’t been registered at Land Registry yet but there isn’t the requirement to do so upon completion so I wouldn’t get too worried about that. Headlines losses before the stadium sale of £25m is a positive step from where we were but it would have been nigh on impossible to get those losses below £13m for the season unless there was a genuine 7 figure bid for Che in January and I’m led to believe there wasn’t Exactly, which is why I never believed their case against us was going anywhere EVEN IF we'd agreed to it, was a nonsense proposed so called business plan from them from the start with ridiculous expectations and demands.
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Post by bubba on Mar 12, 2020 22:40:23 GMT
I saw Dan mention somewhere he doubted that the Derby and Wednesday cases would be sorted this season but I recalled having read that the EFL were determined both cases would be completed before the end of the season. I tried searching for what I thought I'd read (quite extensively) and I did find it on a couple of obscure news sites but pretty sure that's not where I originally saw the information.
Anyway Dan may be right, there are complications and counter-measures being put up by both clubs but I'm still expecting both to be sorted in the next few weeks. The Wednesday and Derby fans are none the wiser either but a lot/nearly all of the proceedings are carried out in secrecy and not even made public after the fact. There's rumour that the arbitration to decide whether the EFL's charge against Wednesday is even legal has already concluded but nobody really knows.
Saw a post by Dan on sha today where he's now read/heard that the EFL want this done this season, IIRC I think he made mention of any points deductions being done by May 2nd, basically by the last day of the season.
Also just because we're not hearing about stuff doesn't mean stuff aint happening, more than one meeting apparently between the club and league to thrash out their differences.
Personally think both Wednesday and Derby just want to avoid any punishment this season so are trying to spin the process out, but tbh in their shoes even if it relegated blues I'd rather take the hit soon as. If it's next season it'll completely kill any chance of going up, kill off fan interest and could still see them go down next year, and yet in both their cases the owners really could chuck 50 million into the clubs a division down and solve a lot of their financial issues, although allegedly Chansiri has had enough and wants out.
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Post by bluescharlie on Mar 12, 2020 22:48:52 GMT
The issue with it is they need to get it done this season. Otherwise teams who go down will sue as the points deduction, which should of been given that season as that when they were charged, could of affected who goes down. The efl are in a right mess this year with everything going on. Could be a huge season in terms of future charges and rules for the efl.
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Post by bubba on Mar 12, 2020 22:56:31 GMT
The issue with it is they need to get it done this season. Otherwise teams who go down will sue as the points deduction, which should of been given that season as that when they were charged, could of affected who goes down. The efl are in a right mess this year with everything going on. Could be a huge season in terms of future charges and rules for the efl. Yep and tbf I made that point when we were going through it and not only that but the season before we just stayed up, can't remember who went down in 22nd place, think it was Donny or Rovrum but their fans were peeved as if it had been dealt with in the season it happened, which when the new P&S rules came in that's exactly what the EFL said they would do, we'd have been relegated instead of them.
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Post by bubba on Mar 13, 2020 23:29:22 GMT
So a bit of a blow for Derby and Wednesday's stalling tactics with a minimum 2 week extension to the season.
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Post by monkeyman on Mar 14, 2020 0:03:52 GMT
So a bit of a blow for Derby and Wednesday's stalling tactics with a minimum 2 week extension to the season. Lol. Every cloud...
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