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Points deduction incoming for Derby County after EFL’s latest statement?

A points deduction could be incoming for Championship side Derby County after EFL published a statement on Thursday evening.

The Rams have found out they’ve been charged by the league organisation for recording “excess losses”, following a review of their P & S submissions.

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EFL’s STATEMENT:


“Following a review of Derby County’s Profitability and Sustainability (P&S) submissions, the EFL has charged the Club for recording losses in excess of the permitted amounts provided for in EFL Regulations for the three-year period ending 30 June 2018.

“The Club will now be referred to an independent Disciplinary Commission, which will hear representations from both the EFL and Derby County.

“As these matters are now subject to proceedings, the EFL will be making no further comment at this time.”

 

The charge relates to losses in the three years up to June 2018, even though they sold their stadium to owner Mel Morris for £80m, which saw a pre-tax profit of £14.6m in their latest accounts.

Spending rules allow Championship clubs to lose £39m over a three-year period.

It means Derby could potential follow in the footsteps of Birmingham City, after they were deducted nine points in March 2019 for breaking profitability and sustainability rules.

Sheffield Wednesday are also still at risk at facing a points deduction after they were hit with misconduct charges by the EFL over their finances.

 

THE TWITTER REACTION:

@PhilThumbs: Serves them Fecking Right. No Sympathy

@dopedog7: FFP is a joke, if a chairman wants to cover a debt personally why can’t he? And yet Man Utd can spend like there’s no tomorrow even though the owners are hugely in debt for the purchase of the club.

@joeswfc_: Welcome to the club Derby

@DudsonWarren: Say what now derby… cheating… is like to have some sympathy but… n’ah #karma

@gandalflufc: Throw the book at them, flouted the rules and thought they were untouchable, no sympathy for them, the Rooney deal will probably be dodgy somewhere too.

Buzzard_Stubble: Tut tut…makes standing on a public footpath doing NOTHING whatsoever illegal either in criminal law or EFL rules seem even MORE trivial. I sincerely hope you make an example of them #dcfc

@JohnSlice80: @JimWhite what you saying about this well run club?!! Haaaahahahahahaaa!!!!

@DazScott1: Relegate the basterds.

@BankzyNFFC: Wayne Rooney’s Derby county falling apart already?

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