Derby doomed

I’m lots of things at football, but careful isn’t usually one of them.
I’ll bear the warning in mind though, thanks

 

EFL to create Independent Financial Unit after Derby County woe

Exclusive: A form of wage control is also set to be introduced in an effort to prevent sides breaking financial fair play rules

ByBen Rumsby6 December 2021 • 4:38pm



The English Football League is launching an Independent Financial Unit in a bid to prevent a repeat of the crisis to engulf Derby County and limit the scope of a Government-appointed regulator.

Telegraph Sport can reveal the EFL is also planning to introduce a form of wage control in the Championship and real-time monitoring of second-tier clubs’ finances similar to systems already in place in Leagues One and Two.

League chiefs are confident this, coupled with the new IFU, will help stop Championship sides breaking financial fair play rules and spending more on wages than they make in revenue.

On Monday, the EFL issued a job advert for the head of the IFU, which is also being set up in a bid to end the kind of lengthy and costly legal battles over rule breaches committed by Derby and other clubs.

The unit will also police club takeovers and administer the EFL’s owners’ and directors’ test with the aim of convincing the Government those powers should remain within the game and not be transferred to an independent regulator.

Trevor Birch, the EFL’s chief executive, told Telegraph Sport plans to create the IFU predated the Government’s Fan-Led Review of Football Governance.

He also said it was important the league took action to prevent more clubs following Derby into administration while legislation – which could take months or years to come into force – to bring in an independent regulator was being drawn up.

“We think we need to act now,” he told Telegraph Sport, stating he aimed to have the IFU in place in time for next season.

Stopping Championship clubs spending beyond their means could compound the competitive advantage already enjoyed by those receiving Premier League parachute payments and the EFL was last night in talks with the world’s richest league over a new model to replace them.

The EFL has been pushing for the two organisations to pool their broadcast income, which would see lower-league clubs share 25 per cent of the total pot.

That would still leave the Premier League by far the richest league in Europe.

The fan-led review proposed a stamp-duty style tax on top-flight transfer fees but Birch said the EFL would prefer a less “arbitrary” redistribution model.

Dismissing arguments by the likes of Aston Villa chief executive Christian Purslow that Tesco would not bailout a local corner shop, Birch said: “Having a strong EFL is important, ultimately, to the Premier League.

“That’s not wanting to take anything away from the Premier League because we all realise its value and its huge success and would want to support that. We just feel that there would be benefit in having a stronger and sustainable EFL.”


https://www.telegraph.co.uk/footbal...-independent-financial-unit-derby-county-woe/

 

Good in theory, but as Martin Samuel said you could have a situation where Burnley were subsidising Sunderland, Sheffield Wednesday and others. Or Norwich whose owners are worth £30 million helping Stoke whose owner paid herself £420 million last year.

 

https://www.bbc.co.uk/sport/football/59772641 Kirchner withdraws his bid. They’re proper ****ed.

 

Bit like us then.......

 

Go on I'll bite.....how is it anything like us?

 

It isn’t, but he seems determined to see Acun’s bid fall through for some reason.

 

Seems there's a couple of odd ones like that on here

 

He's going to be very, very disappointed.

 

I've noticed that too, some say it with tongue in cheek but others do seem rather upset that they don't know as much as they think they should so try to pour water on the fire or ridicule those that do have snippets of genuine info.

 

Does that mean Derby would have to reform & restart as a non league club?
Wouldn’t that make them the biggest ever club to go pop?

 

I posted this earlier on the 'other football news' thread.

Exclusive: Derby County administrators asked to show proof of funds by EFL

Wayne Rooney's hopes of boosting his squad are on hold until Quantuma show they have the cash to continue running the club

ByJohn Percy13 January 2022 • 6:32pm

Derby County’s finances are under further scrutiny after the Football League requested proof of funds for the season.

Quantuma, Derby’s administrators, have been asked to provide evidence they have the cash to operate for the remainder of the campaign, in order to fulfil the club’s fixtures.

Manager Wayne Rooney is waiting for the green light on a preferred bidder to buy the club but the latest development, at Thursday’s EFL board meeting, will increase the pressure on Quantuma to complete a sale.

Former Newcastle owner Mike Ashley is considering a takeover bid, while a party fronted by former Wolves chief executive Jez Moxey, including former Derby chairman Andrew Appleby, have already submitted an offer.

With the prospect of cash-flow running out unless a sale is agreed, Quantuma must demonstrate to the EFL that there is enough finance to keep the club running for the final four months of the season.

Any party buying the club will also have to take on the compensation claims from Middlesbrough and Wycombe, which are said to be a “major problem”.

As reported by Telegraph Sport earlier this week, a number of Championship clubs are understood to be furious that Derby have turned down offers for players.

Millwall have seen bids rejected for attacking midfielder Louie Sibley, while there have been approaches from Premier League clubs for defender Lee Buchanan.

Though Derby insist the bids were “derisory”, the EFL has come under pressure to take action.

Until Quantuma can provide evidence to the EFL, it is understood that Rooney will not be able to make any signings or register players.

Phil Jagielka, the former England international, is out of contract after Saturday’s game against Sheffield United and Rooney cannot register him until proof of funds are delivered.

Rooney revealed on Thursday that striker Sam Baldock will leave the club when his short-term deal expires next week.

Derby have been in administration for almost four months and are currently bottom of the Championship table.

https://www.telegraph.co.uk/footbal...ty-administrators-asked-show-proof-funds-efl/

 

Sky reporter saying they have heard EFL have given the administrators until Feb 1st to come up with a plan or face extra penalties or expulsion...

 

Stick an offer in for Tom Lawrence. Scored two belters today Rams 2-0 Blunts.

 

Around 30,000 there today. Commentator saying what a passionate crowd they are. Shouldn't the stadium be two thirds empty with sullen fans seeing with resentment?

 

Not bad then.When was last time we had that many for a league game in the Championship?

 

Late run for the playoffs.

 

Blunts took 3k.