How many points will we get

[swaledale]

Swales I asked my solicitor to have look at it when he has the time . He E/mailed back this.
ELF rules state
The Executive have the power to restate the value for a Related Party Transaction to fair Market Value,but only after allowing the club to make a case for that value .
The club must prove it was not sold to protect FFP . They must also prove it was a Arms Length Transaction (probably impossible if you sell something to yourself )
His verdict guilty as sin but a top QC will paint a different picture

Well arms length isn't impossible if you don't control the company, I'm sure Mel and his advisers would be smart enough there. Fair points, BUT if the EFL had run the rule over it before it happened and Derby have proof of that then the EFL would have a problem enforcing the charge.

[mistaram]

Well arms length isn't impossible if you don't control the company, I'm sure Mel and his advisers would be smart enough there. Fair points, BUT if the EFL had run the rule over it before it happened and Derby have proof of that then the EFL would have a problem enforcing the charge.

Yes I think and hope you are right ,think we cope with 5point deduction But I think there's quite a few at EFL out to get us as well as at Barnsley and Boro

[swaledale]

Yes I think and hope you are right ,think we cope with 5point deduction But I think there's quite a few at EFL out to get us as well as at Barnsley and Boro

Aye we just need to know so planning for next season can be progressed.

[mistaram]

Aye we just need to know so planning for next season can be progressed.

Sure we will know after last match Tuesday

[AdiSalisbury]

Swales I asked my solicitor to have look at it when he has the time . He E/mailed back this.
ELF rules state
The Executive have the power to restate the value for a Related Party Transaction to fair Market Value,but only after allowing the club to make a case for that value .
The club must prove it was not sold to protect FFP . They must also prove it was a Arms Length Transaction (probably impossible if you sell something to yourself )
His verdict guilty as sin but a top QC will paint a different picture

I would trust the opinion of your solicitor over any forum expert. What do you think, having had professional input?

[Geoff Parkstone]

Yup got it one, apart from the Forest fan bit, thats stretching things too far! I sincerely hope most people see me as an irritating ******* who occasionally gets it right!!

I'm not so sure about occasionally getting it right but I concur with the rest of it ☺️

[swaledale]

I'm not so sure about occasionally getting it right but I concur with the rest of it ☺️

Excellent the plans working, though I'd say you werent sure about a lot of stuff!

[mistaram]

I would trust the opinion of your solicitor over any forum expert. What do you think, having had professional input?

Not to confident Adi it really depends if the club have told us the truth I do know the club have been told three times about our spending by the ELF executive

[MadAmster]

Not to confident Adi it really depends if the club have told us the truth I do know the club have been told three times about our spending by the ELF executive

English Lunatic Fringe?

[mistaram]

English Lunatic Fringe?

That's what happens MA when you use predictive text Although I think it would be a better name for them 😂