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Post by rugbytoffee on Sept 22, 2021 14:19:15 GMT
Derby County are now bottom of the Championship after officially entering administration and being deducted 12 points by the English Football League (EFL). The Rams are now on minus two points after the penalty for financial mismanagement which has seen administrators brought in. Owner Mel Morris has blamed the situation on the pandemic, which he says has cost the club £20m in revenue. An EFL statement on Wednesday read: ‘The EFL can today confirm that, in accordance with EFL Regulations, a 12-point deduction has been immediately applied to Derby County Football Club’s 2021/22 season total. This follows the lodging of the Notices of Intention to Appoint Administrators on Friday evening, and the subsequent announcement that the process of appointment was completed earlier today. ‘The League has already held initial constructive discussions with the Administrators and will remain in regular dialogue with them as they seek to find the appropriate solutions required to assist the Club as it navigates its way out of insolvency. ‘In addition, the League will today be contacting representatives of Rams Trust (the Derby County Official Supporters Trust), DCMS, MPs from the Derby area and other relevant stakeholders inviting them to meet the League to discuss the Club’s position now that Administrators have been appointed. EFL Chief Executive Trevor Birch added: ‘I appreciate that this is a challenging and concerning period for everyone associated with the Club, particularly the staff and supporters, and it is our intention to work proactively with the Administrators and all relevant parties with the objective of securing a long-term and viable future for Derby County. ‘We will endeavour to provide timely and relevant updates as appropriate and as and when events unfold over the coming weeks.’
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Post by rugbytoffee on Oct 25, 2021 18:46:21 GMT
An American businessman is looking to rescue English second-tier club Derby from bankruptcy protection.
Chris Kirchner, the founder of shipping and logistics firm Slync.io, has written to inform supporters of his desire to take Derby out of administration.
The team, which is managed by former England and Manchester United striker Wayne Rooney, has already been docked 12 points for entering administration and is in last place with more than two thirds of the season remaining.
The 34-year-old Kirchner is already seeking to get approval from the English Football League to be an owner of the club.
“Clearly, I am at the beginning of procedures that must take place with the administrators and the EFL,” he said in a letter to supporters. “I am respectful of these mechanisms. Nonetheless, my team and I have already been in conversation with all parties to discuss where to start.”
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Post by rugbytoffee on Nov 16, 2021 16:24:27 GMT
Championship club Derby County have been hit with an additional point deduction after going into administration earlier this season.
Derby were hit with an initial 12-point deduction earlier on in the season but have now been punished with an additional nine-point penalty, bringing the total points deducted up to 21.
In an official statement on their website, the EFL said: “Derby County Football Club has received a nine-point sporting sanction with a further three points suspended after admitting to breaches of the League’s Profitability and Sustainability (P&S) rules.
“This matter has been determined under the terms of an ‘Agreed Decision’ reached between the League and the Club and was formally ratified by an Independent Disciplinary Commission Chair as per the requirements of EFL Regulations.”
The statement also went on to say that the clubs administrators have agreed to dismiss their appeal against the 12-deduction received in September, confirming the 21-point penalty.
Furthermore, Wayne Rooney’s team have also been given a suspended three-point deduction that will be imposed if the club fail to comply with the terms of the ‘Agreed decision’ the club and EFL have made in terms of budget.
With the 12-point penalty Derby were already bottom of the table, but not a million miles away from safety, considering that they would have been six points clear of the relegation zone without it. But now the task Rooney and his coaching staff have at Derby looks impossible to overcome.
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