I received a reply to my email to the EFL asking if the fact that linear depreciation was only made a rule this week meant we had been wrongly accused and found guilty would mean we ought to get the 100K and the 9 points back. This is what they said....

Thank you for your further emails, we acknowledge your views.

In response to the points you raise, and in context with the statement issued by the EFL on 17 February, the EFL and its Clubs can discuss and vote to amend rules at any time, as they see appropriate. As clarified in the statement, the rule amendments follow a period of consultation and take into consideration a range of representations from Clubs, in the case of the Championship, requiring a two-thirds majority to be passed.

To clarify your point relating to Derby County’s accounting policies, an Independent Commission found that the Club did not comply with FRS102 and were subsequently fined £100,000. FRS102 is the principal accounting standard used in UK financial reporting. While this is the standard used, Clubs have agreed to add this extra level of clarification.

As a result of not complying with the standards and following a further review of the Club’s financial results, the EFL assessed that the Club had breached P&S Rules in three of the reporting periods up to and including Season 2020/21 once a revised, compliant policy of amortisation was adopted.

The Club accepted those findings and the breach of the relevant P&S Rules, with an ‘agreed decision’ leading to a nine-point deduction. All other decisions taken in respect of Derby County, and outcomes of the Independent Commission Hearings, can be accessed via the EFL website here.

Thank you for contacting the EFL.