Monday 6 July 2015

Wheeling and Dealing

Well so far this summer we have signed six players. Scott Carson, Chris Baird, Alex Pearce, Andreas Wiemann, Darren Bent and Tom Ince.

Wiiemann was for a reported 2.5m and Ince for a club record 4.75m. For the first time in many years the club do appear to be splashing the cash.

Some fans have raised concerns about meeting future Financial Fair Play Limits and question whether we could end up like our neighbours across Brian Clough Way and face an embargo for breaching the rules in the future.

This coming January sees any penalties imposed to clubs for over spending last season and we are expected to meet the limits once again.

This coming seasons spending will come into play a year in January, however rather than be limited to just 6m of losses, the rules change. 

An allowance of 13 or 39m over the past three seasons is the figure to meet. Should last seasons accounts be similar to the previous ones Derby will be approximate 24.8m under the limit with this coming seasons losses to be added. 

This does allow us quite a bit of room for manoeuvre and there is also an increased limit of investment injected by owners too.

Mel Morris has increased his stake in the club and is flexing his financial muscles, however it is believed that the club are still sticking to a planned budget and will not out the clubs finances at risk by gambling away money that will put them at risk from receiving sanctions from the league.

Revenue has been increased in recent years and the financial management of the club has been responsible. Because of this we are now in a stronger position in the transfer market. It would go against everything the club has said in the past to risk penalties by knowingly breach FFP!

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