Haven't seen this mentioned anywhere so thought I'd post this. Alan Nixon has been tweeting details of the sanctions both will face next season. Looks pretty tame, but apparently they only made a couple of late payments.
Derby County, Sheffield Wednesday dealt suspended points penalties – Alan Nixon
Not really been following it, do you mean there might be more to come? I know the EFL had fined Derby £100k
So points deduction awaits them?This is when they were late paying players and refers purely to that offence
They are ridiculously late with their accounts and the last 3 years need to be submitted with revised amortisation calculations
So points deduction awaits them?
they have to re submit 3 years accounts by mid August as it’s likely they will have exceeded maximum losses so that’s the expectation
They still haven’t submitted 2019 yet
YesSo potentially they could be hit with the 3 point deduction, £100k fine AND a further sanction in mid August?
Unfortunately its being reported by Kieran McGuire on the price of football podcast that a recent set of Derby’s accounts shows additional revenue from the sale of pride park of £30M . This is down to a revaluation of the ground in comparison to earlier years. It is an accountancy valuation which is apparently allowable…..so i suspect they are in the clear.they have to re submit 3 years accounts by mid August as it’s likely they will have exceeded maximum losses so that’s the expectation
They still haven’t submitted 2019 yet
Unfortunately its being reported by Kieran McGuire on the price of football podcast that a recent set of Derby’s accounts shows additional revenue from the sale of pride park of £30M . This is down to a revaluation of the ground in comparison to earlier years. It is an accountancy valuation which is apparently allowable…..so i suspect they are in the clear.
I agree it’s clever accounting, but apparently not illegal
I agree it’s clever accounting, but apparently not illegal
Still does not explain the accounts being now delayed for 18 months
I agree it’s clever accounting, but apparently not illegal
A bit like Lesta and their admin, after them it was punished by -12 points, so many feckers still getting away with cheating other teamsIs due to now be illegal to sell stadium to yourself at a profit (from July 1st.)
Closing stable door after horse has bolted in many cases (such as Derby's) though.
True, but when the governance of football is so weak. Then unethical practices thriveStill does not explain the accounts being now delayed for 18 months
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