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Thread: So about Mel Morris then

  1. #1
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    So about Mel Morris then

    Did warn people about this charlatan

    Facing all kinds of s*it now

  2. #2
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    Charged means that and nothing more at the moment.

    The figures published showed we didn't exceed the limits. Those figures included the sale of the ground for £80M. That put us in profit by £15M in the 18/19 season.

    The only beef the EFL can have is with the valuation of the ground. Based on 20 odd home football games, one can only agree with the EFL. However, if Mel can come up with plans to increase the number of events to 100 or more as he intimated when first questioned on the purchase then the EFL don't have a leg to stand on......

    Which scenario will get painted and will the independent commission take the EFL version or Mel's?

    Charged yes, not yet found guilty.......... nor innocent. Just like a game of football, there is still everything to play for.

  3. #3
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    Great news lads - brilliant - could quite easily find yourselves fighting relagation - Rooney and all...love it!

  4. #4
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    Quote Originally Posted by Tichi1 View Post
    Great news lads - brilliant - could quite easily find yourselves fighting relagation - Rooney and all...love it!
    Didn't think would be long before a Bellender came in here See your seasons going downhill as usual Don't forget 3-4. If you ever need the route to Wembley just come on here and ask ( that's just to watch England ) Mmmmmaaaarrriiiioooottt that's 4

  5. #5
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    Quote Originally Posted by mistaram View Post
    Didn't think would be long before a Bellender came in here See your seasons going downhill as usual Don't forget 3-4. If you ever need the route to Wembley just come on here and ask ( that's just to watch England ) Mmmmmaaaarrriiiioooottt that's 4

    LOL!

    You lads will be asking the route to Milton Keynes and Rochdale this time next year....

  6. #6
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    Tich, a white coming here to gloat was expected. You seem to conveniently forget that on May 4th, 2007 LUFC went into administration. Broke. On the verge of extinction. The club chose to take administration which led to God knows how many individuals and companies not being paid what you owed them. That act led to a lot of bankruptcies to individuals and firms.

    I hope you are sufficiently proud of that.

    All that has happened here thus far is that the EFL has charged DCFC with exceeding the allowed losses over the 3 seasons ending June 30th 2018 by £8M. The club is adamant that it was within the FFP limits. If the club is now "over the limit" then the EFL has probably arbitrarily changed something or DCFC finance department made a serious miscalculation. The question is what and why has something apparently been changed to Derby's detriment? It can't be the ground valuation as the EFL signed off on the sale price in 2018. They cannot now renege on that.

    So many unknowns in this that it is impossible to say what will happen but DCFC is innocent until proven guilty. The EFL hasn't said what they base their case on. The time to pass comment is when the facts are on the table.

  7. #7
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    Quote Originally Posted by Tichi1 View Post
    LOL!

    You lads will be asking the route to Milton Keynes and Rochdale this time next year....
    Ha ha and you I'll still be trying to get out of the Championship How long now since the Prem 16years isn't it Friggin hell even Barnsley ,Huddersfild and Bradford have been there since you have Nice to see the Wendies sorting you out last week , now there is a big club

  8. #8
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    Save your breath MA, i've told them many times over on theres they don't have any history pre 2007, Leeds Utd doesn't exist anymore it was renamed in 2007 as Leeds united FC but they're having none of it, they didn't mind writing off a 30 odd million debt and to hell with the creditors

  9. #9
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    Sep 2011
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    Mel Morals thought some one watching his team train through a fence was the crime of the century (despite using drones to spy on his own manager's training methods) and said we deserved a points deduction,and even tho we broke no rules he made sure his bum chums at the EFL gave us a 200 grand fine.But he thinks its ok to sell the ground to himself at an inflated price to get round FFP.

    What a hypocritical tw@t!

  10. #10
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    Sep 2011
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    Dear Tich1 and Rev72. Here is DCFCs response to the charges.

    The club will strongly contest the challenge to the valuation of Pride Park stadium, as well as the newly notified charge in respect of intangible fixed asset amortisation.
    As a matter of law, the EFL is not entitled to bring either of the charges, having previously agreed to all of the arrangements surrounding the stadium sale and never having raised the issue of player amortisation before. The Club shall argue that the very bringing of the Charges itself is unlawful.
    At all times, the Club has acted transparently with the EFL in its submissions for both FFP/P&S and, in respect of the charges above, had received written approval for all of its submissions in respect of this legislation. No allegation has been raised to the contrary by the EFL. Rather, the EFL now claims that it made a “mistake.”
    The Stadium was valued by professional valuers immediately prior to the transaction. The transaction and valuation were discussed extensively with the EFL Executive, which asked for a relatively modest price adjustment which was accepted. The valuation report was prepared by a highly reputable and professional and independent firm, with industry experience, who had valued the stadium on two prior occasions, one in 2007, and one in 2013.
    The Club discussed the rationale for the stadium sale with the EFL Executive, ahead of the transaction, supplied and discussed the valuation, and bar a small adjustment in respect of its FFP/P&S submissions, the Club was given written approval.
    With regard to the Club’s player amortisation policy, this has been a long-term accounting policy and was again reported transparently to the EFL Executive as part of the Club’s submissions and these were again approved and signed off in writing.
    While the Clubaccepts the EFL’s FFP/P&S regulations are complex and open to interpretation, it is critical when such matters have been discussed and reviewed in detail, that written approval from the EFL is the only basis on which a Club can be assured it has complied. These charges by the EFL Executive bring this fundamental aspect of governance into question. The EFL now claims it made a mistake and seeks to punish the Club that relied on the EFL’s approval. Such conduct is neither lawful nor fair.
    Had the EFL not given the green light in writing in respect of both charges, the Club would have reacted accordingly. The Club cannot re-trace the steps of the actions it legitimately took in good faith as a result of EFL approval of both matters.
    The EFL can choose to correct what they now see as an error in their decisions. However, it cannot punish the Club for its own errors. The Club shall therefore vigorously contest the charges and the EFL’s legal right to bring them. The Club and all staff will be making no further comment on these matters.

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