Derby County IMPORTANT NEWS

[gru]

Imagine if Wycombe were the ones to play in championship next season it would make our relegation more of a shambles.

That's what I've said. Whose to blame?

[clarkey1974]

Imagine if Wycombe were the ones to play in championship next season it would make our relegation more of a shambles.

If my auntie had balls…

[harry_verderchi]

Derby to remain in Championship but fined £100,000

[Nardendee]

Courtesy of BBC Sport:

Derby will play in the Championship next season after the English Football League decided not to appeal against a decision to just fine the club for their accounting policies.
The Rams were fined £100,000 and ordered to resubmit their accounts by an EFL disciplinary commission.
The EFL could have appealed against the verdict and called for a points deduction - which would have seen the Rams relegated.

[Brin]

Courtesy of BBC Sport:

Derby will play in the Championship next season after the English Football League decided not to appeal against a decision to just fine the club for their accounting policies.
The Rams were fined £100,000 and ordered to resubmit their accounts by an EFL disciplinary commission.
The EFL could have appealed against the verdict and called for a points deduction - which would have seen the Rams relegated.

Absolutely stinks from top to bottom of all those involved. Too many at the top involved and now Derby survive what should have been relegation....why did the EFL NOT appeal when they could have? Football must be one of thee most corrupt practices out there.

[Nardendee]

EFL statement courtesy of EFL.com:

The EFL can today publish the written reasons relating to the Independent Disciplinary Commission’s sanction verdict in respect of the recent proceedings between the EFL and Derby County.

Following the decision, the EFL remains disappointed that the Commission has determined that a £100,000 financial penalty is appropriate, when it was found the policy adopted for the amortisation of player registrations and the description in the notes to the Annual Accounts did not comply with Profit & Sustainability (P&S) rules.

Alongside a financial penalty, the Club received a reprimand as to its future conduct and has been ordered to submit revised and restated accounts for the years ended 30 June 2016, 30 June 2017 and 30 June 2018 to the EFL by Wednesday 18 August 2021.

While the EFL does not agree that those sanctions are commensurate to the breaches found, following consultation with our legal advisors, the EFL Board has regrettably determined that there are insufficient grounds to appeal the sanction imposed by the Independent Disciplinary Commission.

As a result of the League’s successful appeal, the Club’s re-stated accounts and revised calculations are to be prepared using a compliant form of amortisation in accordance with accounting standard FRS102 and the requirement of the P&S Rules.

Once these have been submitted, the EFL will then be required to consider the submissions in reference to the P&S rules and in particular re-assess whether the Club has complied with the requirement to limit losses in accordance with those rules.

The P&S rules have been adopted by both Premier League and Championship Clubs as a means of assisting them in regulating their own financial performance. Having done so it is incumbent on the EFL to uphold those rules and, as previously demonstrated, it will apply the full force of the current regulations as appropriate.

As a consequence of the EFL’s decision not to appeal, the divisional placings for season 2021/22 are to remain in accordance with the fixture list issued on 24 June 2021.

The written reasons can be found here: https://www.efl.com/-more/governance...gments-202021/

[Grumpy King of the West]

It's a stay of execution, nothing more. If there was nothing lurking within the re-stated accounts they'd have been submitted by now. Their accountants will have originally done the accounts in accordance with the industry wide accounting standard and no doubt it was as a result of those findings that led to the cooking of the books!

[Brin]

It's a stay of execution, nothing more. If there was nothing lurking within the re-stated accounts they'd have been submitted by now. Their accountants will have originally done the accounts in accordance with the industry wide accounting standard and no doubt it was as a result of those findings that led to the cooking of the books!

Grumps, but just getting a fine is a laugh to a muti millionaire and nothing else, it's deplorable business.

[Grumpy King of the West]

Grumps, but just getting a fine is a laugh to a muti millionaire and nothing else, it's deplorable business.

Indeed it is Brinster, and the EFL feel exactly the same.

But let's see what the re-stated accounts show. It's still squeaky bum for DCFC. If the re-stated accounts fail P&S rules then a points deduction next season will follow.

[Ericsladkilnhurst]

Not forgetting Stephen Pearce director on the board at Derby County, also a director on the board of the EFL.
[ Unless he got knocked off this last month, due to conflict of interest ]
If he is still a board member of the EFL, it could be said they won't appeal due to him being on the board.

It stinks that football is run this way.