Derby County “poised for administration”

Pexbo

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Would be a real shame for Rooney considering all his hard work there.
 

el diablorojo

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No sympathy for them at all (some for the fans maybe) their statement reads as an "it's all everybody else's fault". It is Wycombe I feel sorry for - @Sandikan and their fans, Derby should have gone last season, cheats.
 

elnorte

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Had a liking for Derby since I read The Damned United.
 

Dreadfulboss

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A Derby supporting mate of mine told me they could do a Bury at the end of last season, i didn’t believe him but is this the start of what’s to come ?.
 

Red Royal

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Sad to see, never had any rivalry with Derby. Worst thing they did was that Paolo Wanchope goal against us at OT, oh and the penalty shootout. Apart from that pretty harmless.
 

Sandikan

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No sympathy for them at all (some for the fans maybe) their statement reads as an "it's all everybody else's fault". It is Wycombe I feel sorry for - @Sandikan and their fans, Derby should have gone last season, cheats.
Yep, they're a joke. They've been pulling scams all over the place and about time they've been smashed for it.
Hopefully the 12 pointer for admin is separate to that other charges they'll face.
 

Brophs

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The time seems right for Steve McClaren to come back for his 418th stint as manager.
 

Blood Mage

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Such a historic club, the place where Cloughie made his name. A real shame.
 

sewey89

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It’s shit for the fans, players and staff who have done nothing wrong. Football is fecked at this level when clubs throw money they don’t have in a desperate attempt to get to the premier league. Administration, wipe the debt, get a new owner and build again in league one is the best they can now hope for.
 

Zlatattack

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That's a real shame. People in this city love the club. The current owner has fecked the club around.
 

Cloud7

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Wow that’s crazy. The last thing I knew of their ownership was that it was the creator/owner of candy crush or something like that and they were loaded.
 

el diablorojo

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Yep, they're a joke. They've been pulling scams all over the place and about time they've been smashed for it.
Hopefully the 12 pointer for admin is separate to that other charges they'll face.
Yeah exactly but there will plenty of apologists pointing to the big club/history thing as if that should be some sort of immunity.
 

el diablorojo

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Wow that’s crazy. The last thing I knew of their ownership was that it was the creator/owner of candy crush or something like that and they were loaded.
Tbh it's not the wealth of the ownership that's the issue, it is the clear cheating of financial fair play rules - like selling the stadium from one company owned by the owner to another at an inflated value or the farcical accounting practice of giving a residual value to players they've amortized over their contract length...
 

TrustInJanuzaj

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Tbh it's not the wealth of the ownership that's the issue, it is the clear cheating of financial fair play rules - like selling the stadium from one company owned by the owner to another at an inflated value or the farcical accounting practice of giving a residual value to players they've amortized over their contract length...
Is that much different to what PSG and City do at the other end of the spectrum?
 

Big Ben Foster

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Derby had been in conversations with the EFL regarding a 9 point deduction for last seasons financial breach, so they could well be on -14.
Wonder if there's any chance they could finish the season with a worse points tally than their infamous 11 point PL season.
 

Sandikan

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Wonder if there's any chance they could finish the season with a worse points tally than their infamous 11 point PL season.
If they get the other 9 point deduction on top of the 12 point admin one, then they'll have a go!
But chances are they'd still need a couple more deductions!
 

Oranges038

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What a mess they are in. A real clusterfcuk. What a shame.

Shame for Wayne too, he's probably not going to get a decent shot at managing another reasonably big club for a while when he leaves there. Unless he pulls of some miracles and manages to get them well up the table.
 

Grylte

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Tbh it's not the wealth of the ownership that's the issue, it is the clear cheating of financial fair play rules - like selling the stadium from one company owned by the owner to another at an inflated value or the farcical accounting practice of giving a residual value to players they've amortized over their contract length...
Sounds like something City could've done.
 

Champ

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What a mess they are in. A real clusterfcuk. What a shame.

Shame for Wayne too, he's probably not going to get a decent shot at managing another reasonably big club for a while when he leaves there. Unless he pulls of some miracles and manages to get them well up the table.
He's already pulled off a minor miracle in getting them to 7 points, such was the strictness of the embargo placed upon Derby at the start of the season.
 

Lay

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Not sure if it’s that big of a shame for Rooney. He can’t fail now, he won’t be looked upon as doing badly even or when they get relegated
 

Bastian

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Listening to Gary Neville's podcast, I agree with him that owners should be able to invest above the club's level of revenue in their own clubs, with him caveating it with them having to guarantee the running of the club with a bond, or some other financial instrument.

This is not the same as endorsing nation state owned clubs, leveraged buyouts, etc.
 

Paxi

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No joke, a very close friend of mine is a Derby fan but he hates United. Though he hates City and Liverpool too. Still it’s a bit fecking weird.. Hence no love for Derby.
 

Schmeichel's Cartwheel

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If Wayne wants a full career in management he should resign. The ship is sinking regardless & a relegation on his CV don’t look good. People will ignore the situation too & just say “he got Derby relegated” which looks terrible on paper considering they were promotion candidates 2 years ago.
 

DavidDeSchmikes

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Andrew Hosking, Carl Jackson and Andrew Andronikou, managing directors at business advisory firm Quantuma, have been appointed joint administrators of The Derby County Football Club Limited (Derby County) on 22nd September 2021.
Derby County compete in the Sky Bet Championship, the second tier of English football.

The 137-year-old club, currently managed by former England captain Wayne Rooney, was one of 12 founder members of the Football League in 1888, and last played in the top-flight in 2008.

The two-time champions of England play their home games at Pride Park Stadium having moved from its original home of the Baseball Ground in 1997.

Andrew Hosking, Quantuma managing director and joint administrator, said: “I can confirm that Andrew Andronikou, Carl Jackson and I were appointed joint administrators of Derby County Football Club today.

“Covid-19 has had a significant impact on the finances of the club and its long-term ability to continue in its current form.

“We recognise that with the commencement of the 2021/22 season last month, this news will be of concern to stakeholders and fans, in addition to the city of Derby and the wider football community.

“We are in the early stages of assessing the options available to the club and would invite any interested parties to come forward.

“Our immediate objectives are to ensure the club completes all its fixtures in the Championship this season and finding interested parties to safeguard the club and its employees.”
 

adexkola

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Listening to Gary Neville's podcast, I agree with him that owners should be able to invest above the club's level of revenue in their own clubs, with him caveating it with them having to guarantee the running of the club with a bond, or some other financial instrument.

This is not the same as endorsing nation state owned clubs, leveraged buyouts, etc.
I agree on the bolded.
 

adexkola

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If Wayne wants a full career in management he should resign. The ship is sinking regardless & a relegation on his CV don’t look good. People will ignore the situation too & just say “he got Derby relegated” which looks terrible on paper considering they were promotion candidates 2 years ago.
Fans will ignore the situation. No serious club will, it's a legitimate excuse.
 

11101

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Sad for the fans and Rooney but with 12 points deduction i think they can pull that back. Assuming they can keep going and keep paying the players.

When City pull these tricks its glossed over.
 

Bastian

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I agree on the bolded.
That's the caveat for FFP to be augmented or even suspended. If we take this story on face value, the owner is saying he's lost 200m. What if he were allowed to spend his own money - with those guarantees - to make them more competitive? Should be a risk he's entitled to.

Generally, the ownership needs serious looking at. There should be none of the Burnley/United leveraged takeovers, that's obvious. And there shouldn't be a state running a club a la City and PSG. Roman is a bit of an anomaly, as he's buying himself personal protection after fleecing the people of Russia, so I guess any new rules couldn't really prevent that, but they could change how Chelsea have been operated a little. I think he's leant a lot of money to Chelsea, so not sure how that works out, not least in the event of a future sale. Owning more than one club and loaning/selling players between those (City, Red Bull franchise) goes against the integrity of the game as well in my view, as does stockpiling young talent and farming them out on loan (Chelsea).

I have significantly more of an issue with these things than FFP per se. And I agree with Neville. Let's say an owners risky business goes tits up - and football is an incredibly unreliable business - if they're bound to ensure the running of a club (with due diligence at every step by a governing party), they'd be personally liable, with all their properties and investments as collateral. No problem with that. With a guy like Roman, or someone else who's pretty much stolen money from a country that has ad-hoc rules, ensuring the running of the club might be tricky, unless all his money is within British shores and outside the scope of a government that might freeze his assets.
 

Flying_Heckfish

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Seems possible there could even be further deductions based on previous transgressions, such is the state of their accounts. Derby fans are very worried of this now.
 

Stack

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If Wayne wants a full career in management he should resign. The ship is sinking regardless & a relegation on his CV don’t look good. People will ignore the situation too & just say “he got Derby relegated” which looks terrible on paper considering they were promotion candidates 2 years ago.
What bollocks. Right now he looks like a manager trying to do the best he can with incredibly limited resources and is actually doing a decent job. Add to that he wasnt a rat deserting a sinking ship means he looks like there is some integrity in the way he manages. He wont have any trouble getting another managerial job if they are relegated.
 

Schmeichel's Cartwheel

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What bollocks. Right now he looks like a manager trying to do the best he can with incredibly limited resources and is actually doing a decent job. Add to that he wasnt a rat deserting a sinking ship means he looks like there is some integrity in the way he manages. He wont have any trouble getting another managerial job if they are relegated.
No need to be hostile. Jeez.