They also had to pay Keogh for unfair dismissal, £2M wasn’t it?
I was pleased for Keogh winning that case he was guilty of basically being pissed and incapable in the back of a car probably should have known better but how could Derby sack him and not the driver and just to rub salt in Derby’s wounds he’s back playing in the championship.2.3 million and people scoffed when i aid he'd win that case
Yup. This is the amazing line from the Guardian article - Reading’s reported £41m wage bill in 2018-19 equated to 194% of turnoverReading set for a 9 point deduction apparently
Yup. This is the amazing line from the Guardian article - Reading’s reported £41m wage bill in 2018-19 equated to 194% of turnover
Reading in line for points deduction over breach of EFL financial rules
Reading are set to be deducted between six and nine points by the English Football League for breaching financial ruleswww.theguardian.com
I was pleased for Keogh winning that case he was guilty of basically being pissed and incapable in the back of a car probably should have known better but how could Derby sack him and not the driver and just to rub salt in Derby’s wounds he’s back playing in the championship.
Reading set for a 9 point deduction apparently
2.3 million and people scoffed when i aid he'd win that case
Yup. This is the amazing line from the Guardian article - Reading’s reported £41m wage bill in 2018-19 equated to 194% of turnover
I think I read on the Blackpool forum that Keogh's still owed it and would appear in the creditors list (who don't get the full whack, but 30 odd % of what is owed?)
Would it count as a football debt though?
YesIs that the year they signed McNulty?
Why do Derby and now Reading get to negotiate their points deduction with the EFL? Have I just blocked it from my memory as I don't remember that being an option for us either time they took points off us.
Admin is a set -12 but seems like breaches of FFP can be negotiated.Why do Derby and now Reading get to negotiate their points deduction with the EFL? Have I just blocked it from my memory as I don't remember that being an option for us either time they took points off us.
Big opportunity for a group of pretty pants promoted teams.
Works out well for us though as a couple of them could be here and struggle next year when we might have some stronger teams from L1 back in the division.
Won't matter we'll be in the premBig opportunity for a group of pretty pants promoted teams.
Works out well for us though as a couple of them could be here and struggle next year when we might have some stronger teams from L1 back in the division.
Why do Derby and now Reading get to negotiate their points deduction with the EFL? Have I just blocked it from my memory as I don't remember that being an option for us either time they took points off us.
The outcome of the panel should be either the club gets what it wants or automatically 12 points imhoBecause otherwise it's down to an independent panel & subject to appeals etc. dragging it out further.
EFL give the club the option to accept what they deem is fair or go to the panel who could retain/increase/decrease penalty as they see fit.
Surely though the Coates family, who own Stoke and Bet365, can just invest some capital there and clear any trifling financial problems ?Comment on the Reading forum suggests this may just be the start.
Poster said Stoke may be another to get hit.
She isn’t the daughter of the founder, she is the founder of Bet365. She employs her Dad and brothers to share the income. And they pay all their taxes, without trying to avoid it into offshore income etc etc.Surely though the Coates family, who own Stoke and Bet365, can just invest some capital there and clear any trifling financial problems ?
In 2020, Denise Coates, the chairman & daughter of the founder, received a combined payout of £466 million quid (salary £422m + dividends £45m) !
So when are the points deductions happening
She isn’t the daughter of the founder, she is the founder of Bet365. She employs her Dad and brothers to share the income. And they pay all their taxes, without trying to avoid it into offshore income etc etc.
I stand corrected...seems the father owned the original bookies, which she took over and used as collateral to start up bet365.She isn’t the daughter of the founder, she is the founder of Bet365. She employs her Dad and brothers to share the income. And they pay all their taxes, without trying to avoid it into offshore income etc etc.
I stand corrected...seems the father owned the original bookies, which she took over and used as collateral to start up bet365.
The main point still stands though...surely they can wipe out Stoke's debts 10,000 times over, and it wouldn't even touch their vast fortune.
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