Welcome Derby County to League 1

[Another Walkley Owl]

Derby given a further 9 point deduction

Christ, looks like we got away lightly last year.
EFL took their time getting Derby, but they've really gone to Town with them now they have em.

 

[Indian Dan]

T'is cute little 'ol Oldham and Swinny wishing point deductions and the likes on their biggest neighbour. It reminds me of Plymouth pretending Portsmouth are their rivals when in reality, Reading probably don't even know either of you are playing professional and full time footy.

Wtf has Oldham go to do with it. And this from a fan of a club that has achieved the square root of fuck all in it’s entire history.

 

[PuB]

Christ, looks like we got away lightly last year.
EFL took their time getting Derby, but they've really gone to Town with them now they have em.

As far as I understand it (and I may well be wrong), this particular points deduction refers to accounting irregularities over several seasons. I think that’s different to your previous situation?

 

[Devon_Lad]

Wtf has Oldham go to do with it. And this from a fan of a club that has achieved the square root of fuck all in it’s entire history.

I meant Oxford not Oldham, too many lunch time ciders on my part clearly

 

[Bartonyellow]

Selfishly it will be great to see them down in league 1, so we can play them. Assuming we don’t continue our bad form and end up getting relegated..
Be interesting to see if Rooney stays at the end of the season when they go down. They need to be bought first or else next season they will struggle again.

 

[eric read]

I meant Oxford not Oldham, too many lunch time ciders on my part clearly

Too few fucking brain cells is more likely.

 

[Luke Imp]

We'll see the EFL carry on in the same vein when it's someone else's turn.

I'm assuming the Administrators dropped the legal case on the basis it'd take a long time to sort and want to sell the Club ASAP.

I don't know the full ins and outs of Derby in terms of the Stadium, but are those assets part of the purchase for new buyers? Or are they going to end up in an Oxford/Mansfield situation with their Stadium?

 

[eric read]

We'll see the EFL carry on in the same vein when it's someone else's turn.

I'm assuming the Administrators dropped the legal case on the basis it'd take a long time to sort and want to sell the Club ASAP.

I don't know the full ins and outs of Derby in terms of the Stadium, but are those assets part of the purchase for new buyers? Or are they going to end up in an Oxford/Mansfield situation with their Stadium?

What do you mean by an Oxford/Mansfield situation?

 

[Luke Imp]

What do you mean by an Oxford/Mansfield situation?

Not owning the Stadiums.

 

[PuB]

Reading have been docked 6 points now as well with a further 6 suspended in case they don’t follow some business plan or other.

Reading handed six-point deduction

Championship side Reading are deducted six points by the English Football League for breaching financial rules.

www.bbc.co.uk

 

[eric read]

Not owning the Stadiums.

That's true, but an unusual choice of clubs, and way, to illustrate the point I thought. Across the 92 clubs exactly half rent their stadiums. Not sure why you'd think of Oxford and Mansfield specifically?

 

[DearneValleyRover]

That's true, but an unusual choice of clubs, and way, to illustrate the point I thought. Across the 92 clubs exactly half rent their stadiums. Not sure why you'd think of Oxford and Mansfield specifically?

We don’t own ours, we never have, always been council owned.

 

[Luke Imp]

That's true, but an unusual choice of clubs, and way, to illustrate the point I thought. Across the 92 clubs exactly half rent their stadiums. Not sure why you'd think of Oxford and Mansfield specifically?

Mainly because of Haslam/Kassam who're two individuals who ended up having no involvement in the Club but kept possession of the Stadium. They're probably two of the most high profile lower league examples in recent years.

 

[WhiteRussian]

That's true, but an unusual choice of clubs, and way, to illustrate the point I thought. Across the 92 clubs exactly half rent their stadiums. Not sure why you'd think of Oxford and Mansfield specifically?

Is there a list somewhere of who does and who doesn't?

 

[Indian Dan]

The club/ Supporters Trust have said they expect to purchase the ground from the council in the New Year. No doubt they’ll have to have paid the council the back rent that Power the Crook racked up first.

 

[eric read]

The club/ Supporters Trust have said they expect to purchase the ground from the council in the New Year. No doubt they’ll have to have paid the council the back rent that Power the Crook racked up first.

How's it going to be funded? Straight from Morfuni's back pocket, or financed in some way? If it's financed I'd have thought any surveyor giving it the once over on behalf of the lender would have a very long list of repairs needed before releasing the money.

Serious question, what is the going rate for a dilapidated football ground with only one potential buyer anyway?

 

[eric read]

Is there a list somewhere of who does and who doesn't?

I read an article about it somewhere a few months ago, and it struck me as quite shocking just how many clubs no longer owned their stadiums. Can't remember where I read it now I'm afraid.

 

[Indian Dan]

How's it going to be funded? Straight from Morfuni's back pocket, or financed in some way? If it's financed I'd have thought any surveyor giving it the once over on behalf of the lender would have a very long list of repairs needed before releasing the money.

Serious question, what is the going rate for a dilapidated football ground with only one potential buyer anyway?

£2.2m apparently. The Trust have raised their half of the money and Clem has his. The club have always been responsible for the fabric of the stadium and they already ‘own’ the structure. The £2.2m is for the freehold and surrounding land around the stadium.

 

[Railway Blue]

The club/ Supporters Trust have said they expect to purchase the ground from the council in the New Year. No doubt they’ll have to have paid the council the back rent that Power the Crook racked up first.

What happened to Power?

 

[SF_]

Rumours there could be a couple more in the Championship in line for a points deduction. Cardiff & Blackburn would be my stabs in the dark.

 

[Indian Dan]

What happened to Power?

He’s got an FA charge to respond to on 1 December (as have the club and a couple of others).

He has a legal case to defend in the New Year against Michael Standing to sort out who owns what % of the club when Power was owner.

Apart from that he’s continuing to be a fat twat.

 

[Bartonyellow]

Rumours there could be a couple more in the Championship in line for a points deduction. Cardiff & Blackburn would be my stabs in the dark.

Hopefully Stoke.

 

[eric read]

£2.2m apparently. The Trust have raised their half of the money and Clem has his. The club have always been responsible for the fabric of the stadium and they already ‘own’ the structure. The £2.2m is for the freehold and surrounding land around the stadium.

That's cheap, even at Swindon property prices.

What's the "surrounding land?" There's only the car park behind the Town End, or does it include that bit of grass behind the Shrivenham Road stand too? The real expense will be the cost of rebuilding or refurbishing it. Although I do know a load of blokes who'd be happy to help with any demolishment works!!!

 

[Indian Dan]

I think the car park will go with a newly built Town End. I’m not sure about the fighting field. Obviously the residents behind the Bank are a bit precious about what may be rebuilt there. Again, not sure about behind the Arkells with the cricket club and athletics track.

The Bank should go. No point putting lipstick on a pig. Maybe we’ll go for the 3-sided stadium which seems in vogue these days!

The price is fair, I reckon. We already ‘own’ the infrastructure so it’s just the land it sits on. A covenant stipulates some kind of sporting venue so it’s no good to Sainsbury’s etc.

So, in effect the money is there and ready to go. The council agreed to the sale a couple of years back but Covid put that in mothballs.

The club have managed to get Power’s debt down to £2m, I think, so I presume that’ll have to be paid or an agreement set before any action on the rebuilding.

Just get all the FA stuff settled. The outcome of the court case of Power v Standing will have no effect on the club at all. That’s solely between them.

 

[Crewelad87]

Do 4 league one clubs fancy being docked about 30 points please.

 

[Bartonyellow]

Spoke to my mate this morning who is a derby fan and he reckons all the young talent will be sold in the summer too if not before. So next season they could be starting with kids or freebies so it could be good to play them early whilst still in disarray.
Would love first game of the season, derby v Burton - in the sun, and we dick them 3-0. Well, I can dream can’t I.

 

[eric read]

I think the car park will go with a newly built Town End. I’m not sure about the fighting field. Obviously the residents behind the Bank are a bit precious about what may be rebuilt there. Again, not sure about behind the Arkells with the cricket club and athletics track.

The Bank should go. No point putting lipstick on a pig. Maybe we’ll go for the 3-sided stadium which seems in vogue these days!

The price is fair, I reckon. We already ‘own’ the infrastructure so it’s just the land it sits on. A covenant stipulates some kind of sporting venue so it’s no good to Sainsbury’s etc.

So, in effect the money is there and ready to go. The council agreed to the sale a couple of years back but Covid put that in mothballs.

The club have managed to get Power’s debt down to £2m, I think, so I presume that’ll have to be paid or an agreement set before any action on the rebuilding.

Just get all the FA stuff settled. The outcome of the court case of Power v Standing will have no effect on the club at all. That’s solely between them.

Depending on the capacity and quality of any new stands, you're looking at tens of millions of pounds, so be interested to see how that's financed, as I don't think Morfuni has that kind of money? He's going to be down some serious money, with settling your debts, including Power, so will need very very deep pockets and a willingness to wave goodbye to much of it, if he's also going to fund the ground development from his own funds.

I don't want to piss on your chips, but at this stage we all thought Kassam was our saviour, and look how that turned out! I'll be watching with interest to see how this develops.................

 

[Indian Dan]

Isn’t it about £1000 per seat? Surely, hardly anyone uses their own funds for redevelpment. Obviously his business can do a certain amount of the work.

Can’t see how it’d be any different to how any other club manages it.

Even those with mega wealthy owners never use their own money.

Power’s getting fuck all off Clem -he got £213,500 for the club due to his own ignorance and that’s it. His gripe now is with Standing and he’ll almost certainly get shafted there, too.

Don’t forget, Clem was willing to pay over £7.5m for the club until he realised Power had fucked up - legally - big time. So there’s funds there for a start.

Got to say, Clem has done everything he promised so far. Regular financial updates, how the debt repayment is going etc. I’d say he’s nothing like Kassam- as much as you’d like to hope he is!

I know you’re not probably not interested but this is what we get every month now.

https://www.swindontownfc.co.uk/siteassets/202122/2021-22-general-content/advisory-board-november-v4.pdf

 

[SF_]

Spoke to my mate this morning who is a derby fan and he reckons all the young talent will be sold in the summer too if not before. So next season they could be starting with kids or freebies so it could be good to play them early whilst still in disarray.
Would love first game of the season, derby v Burton - in the sun, and we dick them 3-0. Well, I can dream can’t I.

Tom Lawrence leaving in January, who is on £37k a week.

 

[eric read]

Isn’t it about £1000 per seat? Surely, hardly anyone uses their own funds for redevelpment. Obviously his business can do a certain amount of the work.

Can’t see how it’d be any different to how any other club manages it.

Even those with mega wealthy owners never use their own money.

Power’s getting fuck all off Clem -he got £213,500 for the club due to his own ignorance and that’s it. His gripe now is with Standing and he’ll almost certainly get shafted there, too.

Don’t forget, Clem was willing to pay over £7.5m for the club until he realised Power had fucked up - legally - big time. So there’s funds there for a start.

Got to say, Clem has done everything he promised so far. Regular financial updates, how the debt repayment is going etc. I’d say he’s nothing like Kassam- as much as you’d like to hope he is!

I know you’re not probably not interested but this is what we get every month now.

https://www.swindontownfc.co.uk/siteassets/202122/2021-22-general-content/advisory-board-november-v4.pdf

I had seen that monthly update, and fair enough, it's a good move.

It's a lot more than £1,000 a seat, more like £3,000 to £5,000 depending on what facilities you're including. And if you're not including all of the facilities there's not a lot of point doing it in the first place.

If he's not going to turn out like Kassam, here's hoping someone produces some photos of Morfuni in bed with a young boy, a dwarf, a Shetland pony and Jimmy Saville!!!!