[Football] Two versions of the Championship fixtures to be published today - Derby County in limbo

bhafc99 said:

But if they’ve only been fined £100k for the year they “did a bad thing”, I don’t see how things would escalate from that to being deducted points - even if they’d “done the bad thing” in other years too.

Surely it would just be more like an additional £300k in fines?

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mikeyjh said:

I suspect that the fine is for the fact we (Derby) used the amortisation method in question, the one that was signed off at the time - As the figures are recalculated then I guess the EFL think there may be a further charge to answer. How they think this will all be resolved by beginning of August is another question, a farce, no doubt.

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mikeyjh said:

I suspect that the fine is for the fact we (Derby) used the amortisation method in question, the one that was signed off at the time - As the figures are recalculated then I guess the EFL think there may be a further charge to answer. How they think this will all be resolved by beginning of August is another question, a farce, no doubt.

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SAC said:

I can't see there being a points deduction. Derby will (quite rightly) be asking which other clubs used the same amortisation methods. If there are others, including clubs in the PL, it will open up a huge can or worms. I agree, no way this will be resolved any time soon unless Derby agree to a fine just to get it out of the way.

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mikeyjh said:

I suspect that the fine is for the fact we (Derby) used the amortisation method in question, the one that was signed off at the time - As the figures are recalculated then I guess the EFL think there may be a further charge to answer. How they think this will all be resolved by beginning of August is another question, a farce, no doubt.

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albionalbino said:

I don't understand what this makes the fixtures?

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Blue Valkyrie said:

What is this magical amortization method ?

My guess is fully amortizing the players in the same season that they sold the stadium to themselves ? Is that it ?

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Neville's Breakfast said:

The most recent ruling is that Derby’s amortization method was contrary to standard accounting rules. When you say it was signed off at the time do you mean nobody noticed until the accounts were assessed by the EFL’s expert panel ? I’m not sure that having got away with it for a while is much of a defence. Alternatively, do you mean that the EFL were aware that Derby were breaching standard accounting rules and were happy with it ?

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schmunk said:

Clearly you don't listen to the Price of Football podcast - as El Pres will tell you, Derby is the only league club in the country using this method. That's because it's, errr, wrong...

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mikeyjh said:

Go read the original judgement, it addresses this in some detail - You'll also see that the club approached the EFL in 2018 and 2019 to discuss the policy (and the stadium sale, as it happens).

Obv Derby don't come out of this well whatever happens but the EFL are the governing body that have just issues a set of 'interchangeable fixtures' based on an appeal that may or many not happen OR in the eventuality that Derby's subsequently submitted accounts breach FFP. As I'm sure you will know, they have until 18th August to submit those revised accounts, 3 games in to next season. Awesome work EFL.

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Wozza said:

https://www.efl.com/news/2021/june/-derby-county/

An independent Disciplinary Commission has delivered its verdict on sanctions for Derby County relating to ongoing disciplinary proceedings.

In May, an Independent League Arbitration Panel ruled that the Disciplinary Commission was wrong to dismiss the League’s expert accountancy evidence, which demonstrated that the Club’s policy regarding the amortisation of player registrations was contrary to standard accounting rules.

More specifically, the panel determined that the Club’s policy was not in accordance with accounting standard FRS102 because it failed to accurately reflect the manner in which the Club takes the benefit of player registrations over the lifetime of a player’s contract.

Tonight, the Disciplinary Commission has announced that the sanction to be imposed in respect of those breaches, is a financial penalty of £100,000 to be paid to the EFL and a reprimand for the Club as to its future conduct regarding the preparation of its Annual Accounts.

In addition, the Club has also been ordered to file restated accounts for financial years ending 30 June 2016, 2017 and 2018 that meet the requirements of FRS102, together with updated Profit & Sustainability calculations if necessary.

Both Derby County and the EFL have the right to appeal that sanction decision.

That being the case, ahead of the publication of the 2021/22 season fixture lists on 24 June at 9am, the EFL can confirm that it has developed an interchangeable fixture list for Derby County and Wycombe Wanderers, while the disciplinary process is finalised.

The fixture list for both the Championship and League One will be published in full based on the 2020/21 final standings, pending any appeals relating to this decision.


In plain English: I guess Derby need to re-do sums and show they didn't break FFP rules in 2016/17/18...

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