Derby County cleared of breaching EFL's Financial Fair Play rules

The EFL had charged second-tier Derby with violating its profit and sustainability rules in January.

Published : Aug 25, 2020 20:59 IST

Derby County was charged with breaches of EFL rules regarding the valuation of players.
Derby County was charged with breaches of EFL rules regarding the valuation of players.
lightbox-info

Derby County was charged with breaches of EFL rules regarding the valuation of players.

Derby County has avoided a possible points deduction and fine after being cleared of breaching the English Football League's Financial Fair Play (FFP) rules by an independent disciplinary commission, the Championship club said on Tuesday.

The EFL had charged second-tier Derby with violating its profit and sustainability rules in January.

The first charge related to the sale of its Pride Park Stadium to owner Mel Morris in June 2018, which helped the club post a profit for the 2017-18 season and comply with EFL rules prohibiting teams from losing 39 million pounds ($51 million) over a three-year period.

READ |

Derby was also charged with breaches of EFL rules regarding the valuation of players.

"Charge one was dismissed. Charge two was also dismissed, save for, the commission found the wording of the amortisation policy in its financial statements could have been clearer," Derby County said on its club website.

"Derby County is delighted at the outcome and will, at this stage, not make any further comment relating to the matter."

The EFL said it had taken note of the disciplinary commission's decision and would consider the judgement in full.

Sign in to unlock all user benefits
  • Get notified on top games and events
  • Save stories to read later
  • Access to comment on every story
  • Sign up / manage to our newsletters with a single click
  • Get notified by email for early bird access to discounts & offers to our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide to our community guidelines for posting your comment