Red Dogs deducted 4 points

[SithHappens]

Amazing though all these Forest (and Leicester fans) are up in arms about it yet we're loving it when the EFL came after us.

[Trickytreesreds]

Amazing though all these Forest (and Leicester fans) are up in arms about it yet we're loving it when the EFL came after us.

think there is a massive difference here Sith. Mad Mel was going out his way to cook the books and lie his way about the whole thing. I'll give Merry Nackers his due in this. He has been upfront and co operative from day one, which was acknowledged in the hearing.
yes he was late in the Johnson sale, but when you consider all this is to save clubs going bust, that sale would have lost £17 Million quid? Turned out they couldn't sell him anyway, as Johnson refused to move.

As for Citeh. They have been ducking/diving/dodging for years and won trophies in that time. Time they grew some balls, and expelled them , to start again. They won't of course, they will accept the massive pay off coming their way.

[SithHappens]

What did Mel lie about?

[Andy_Faber]

think there is a massive difference here Sith. Mad Mel was going out his way to cook the books and lie his way about the whole thing. I'll give Merry Nackers his due in this. He has been upfront and co operative from day one, which was acknowledged in the hearing.
yes he was late in the Johnson sale, but when you consider all this is to save clubs going bust, that sale would have lost £17 Million quid? Turned out they couldn't sell him anyway, as Johnson refused to move.
.

Can’t agree with that and I’m not saying it in a partisan way. No way am I trying to rehabilitate MM but he was (very) reckless and ill advised, no more. I wouldn’t want your fellah if if meant all the success possible, something smells wrong about him

[MadAmster]

What did Mel lie about?

To the best of my knowledge, he didn't. The only thing that was almost one was when he said we wouldn't exceed FFP limits. He based that on the depreciation method he started to use in 2015 being 100% under UK Law. It was and still is. However, the EFL has a catch all "fairness" clause in its rules. One that says if anything appears to be unfair to other clubs, then it's against EFL rules. Our stopping using linear depreciation and going to a system where there's little to no depreciation in year 1 and a large figure in year 5 was deemed to give us an unfair advantage over the rest of the EFL as it helped us stay within FFP limits. Hence the redoing of historical accounts leading to FFP excesses and the extra 9 point deduction.

[SithHappens]

To the best of my knowledge, he didn't. The only thing that was almost one was when he said we wouldn't exceed FFP limits. He based that on the depreciation method he started to use in 2015 being 100% under UK Law. It was and still is. However, the EFL has a catch all "fairness" clause in its rules. One that says if anything appears to be unfair to other clubs, then it's against EFL rules. Our stopping using linear depreciation and going to a system where there's little to no depreciation in year 1 and a large figure in year 5 was deemed to give us an unfair advantage over the rest of the EFL as it helped us stay within FFP limits. Hence the redoing of historical accounts leading to FFP excesses and the extra 9 point deduction.

Interesting though when they closed the loop hole that Steve Gibson had been exploiting they didn't apply it retrospectively.

I am no fan of Mel for pushing us into this however I do have a degree of sympathy because they had happily accepted our accounting method for a number of years, and that method was tagged on the charge raised which was initially solely around the sale of the stadium.

The initial panel found no problem with the accounting method, a panel comprising of I believe, 3 accountants.

The appeal panel had no one of accounting expertise in the same way, and still they said that the method was legal, but as you say as others were not using it they chose to define the method of accounting and backdated it.

[MadAmster]

Interesting though when they closed the loop hole that Steve Gibson had been exploiting they didn't apply it retrospectively.

I am no fan of Mel for pushing us into this however I do have a degree of sympathy because they had happily accepted our accounting method for a number of years, and that method was tagged on the charge raised which was initially solely around the sale of the stadium.

The initial panel found no problem with the accounting method, a panel comprising of I believe, 3 accountants.

The appeal panel had no one of accounting expertise in the same way, and still they said that the method was legal, but as you say as others were not using it they chose to define the method of accounting and backdated it.

True dat. I have often wondered if Gibson and/or Couhig had enough "dirt" to have gone after the EFL if they hadn't done all in their power to "do" DCFC...

[SithHappens]

True dat. I have often wondered if Gibson and/or Couhig had enough "dirt" to have gone after the EFL if they hadn't done all in their power to "do" DCFC...

I always say it's like lowering the speed limit then sending a fine retrospectively to everyone who exceeded it in the past

[ramAnag]

Can’t agree with that and I’m not saying it in a partisan way. No way am I trying to rehabilitate MM but he was (very) reckless and ill advised, no more. I wouldn’t want your fellah if if meant all the success possible, something smells wrong about him

Perhaps the ‘smell’ of dirty money, AF?
Share your view of MM and it feels good to now have a man of integrity take the helm at Derby. Has to be said though, that for all his undoubted faults, I don’t ever recall Morris being associated, in any way at all, with match fixing, drug dealing, money laundering or burning bakeries.

[SithHappens]

Perhaps the ‘smell’ of dirty money, AF?
Share your view of MM and it feels good to now have a man of integrity take the helm at Derby. Has to be said though, that for all his undoubted faults, I don’t ever recall Morris being associated, in any way at all, with match fixing, drug dealing, money laundering or burning bakeries.

He could probably at a push be a Walter White impersonator looks wise.