January 17 – English Championship club Derby County have been charged by the English Football League (EFL) for a breach of spending rules and face a possible points deduction.
The charge relates to losses in the three years up to June 2018, despite the club posting a pre-tax profit of £14.6m in 2017-18.
Championship clubs are allowed to lose £39m over a three-year period and Derby have now been referred to an Independent Disciplinary Commission.
“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,” said the EFL in a statement.
The charges were laid following a review of the controversial sale of Derby’s Pride Park stadium to the club’s owner, Mel Morris, who purchased it via a new company two days before the 30 June year-end for the club’s 2017-18 financial accounts.
Derby, who have been putting together winning performances since being joined from the US by former England captain Wayne Rooney at the start of the year, are currently in 17th in the Championship but only 8 points off a Premier League play-off spot.
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