Derby are said to be on the market for just £1 | Vital Football

Derby are said to be on the market for just £1

looks like ffp wont be an issue for them for a bit now that theyve sold the stadium to mad mel

Thought that had been done a while ago..... probably just moving from one holding company to another, debt restructuring etc - but, allows sale of the club for £1, but allows Mel to keep the profitable concessions!
 
Thought that had been done a while ago..... probably just moving from one holding company to another, debt restructuring etc - but, allows sale of the club for £1, but allows Mel to keep the profitable concessions!

For the transaction to be included in the latest accounts he must have completed the deal a while ago.

How can an asset valued at 41m be moved from one holding Company to another for 80m?

Surely the 41m figure must have been representative of the income it generates; if so what multiple have they used to get to 80m?

It looks highly inflated
 
Hang on a minute, if they've recorded an annual profit of £14m AFTER putting in £80m in a mythical stadium sale, wouldn't that mean they've actually lost £66,000,000?

Or is there some sort of accounting wizardry going on?
 
They really are putting everything on getting promoted as they can’t do that again