29-05-2019, 11:08 AM
(29-05-2019, 10:59 AM)wassy04 Wrote:(25-05-2019, 09:01 AM)Jean_claude_killy Wrote: Gibson is pissing in the wind!
All that Morris has done is sell an asset - the ground.
He may have sold the ground to another one of his Companies but that is not illegal so long as he did so for a fair price; HMRC are the people who make that decision not the EFL.
Yep, they may change the FFP rules to discount this option. If nothing else it’s dangerous having clubs selling their major asset to private companies as Coventry will testify. Sounds like Sheff We’d May have done the same too.
The way to punish Derby is to carefully monitor how the grounds and income is now accounted. I would assume they now can no longer take any income from any stadium related activities? One thing that I was wondering, as stadium improvement costs are outside of FFP does that also apply to stadium costs. Is the repurchase of a stadium say? Hypothetically could they just repurchase it next year and the cost wouldn’t count towards FFP? (I think the rules will change before this happens)
They will still take in income from ticket sales but will have to pay rent to the Stadium owners; they will also lose out on any peripheral income which will now go straight to the stadium owner, such as conferencing and all of the concessions.
Buying the stadium back would not be a problem either; they would take out a mortgage or some other commercial loan and offset the cost over a number of years.
I cannot for the life of me see why this should impact on FFP or lead to a rule change; they have done nothing wrong.

