Soccer-Derby fined 100,000 pounds for accounting irregularities

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 69 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

REUTERS: An independent disciplinary committee has fined championship club Derby County 100,000 pounds (US$139,670) for accounting ...

REUTERS: An independent disciplinary committee has fined championship club Derby County 100,000 pounds for accounting irregularities but the club has escaped a points deduction, the league said late on Wednesday.

Both Derby and the English Football League have the right to appeal the panel's decision, meaning the Rams are still at risk of being relegated to League One if the EFL uses the option and calls for a points deduction.Derby were cleared of financial misconduct last year but the EFL appealed against the decision to a tribunal and in May won the element of the case regarding the amortisation of players' registrations during their time at the club.

"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," the EFL said in a statement https://www.efl.com/news/2021/june/-derby-county.

Derby have also been ordered to file restated accounts for financial years ending June 30, 2016, 2017 and 2018"together with updated profit and sustainability calculations if necessary", the EFL added. The EFL said that it had made an interchangeable fixture list for the 2021-22 season for Derby and Wycombe Wanderers, while the disciplinary process is finalised.Derby ended last season one point above the relegation zone, while Wycombe were relegated to League One along with Rotherham United and Sheffield Wednesday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Three-year-old in China accidentally orders 100 bowls of noodles because ‘she was hungry’ (VIDEO)KUALA LUMPUR, June 23 — A three-year-old girl in Jilin, China accidentally ordered 100 bowls of zha jiang mian (noodles with soybean paste) with her father’s mobile phone. Sohu.com reported that...
Source: YahooSG - 🏆 3. / 71 Read more »

Football: Five to watch at the Tokyo OlympicsFive soccer players to watch at the Tokyo Olympics:
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Soccer-Modric pulls the team together: Croatia coachREUTERS: Croatia coach Zlatko Dalic heaped praise on Luka Modric after the captain scored a stunning goal in Tuesday's 3-1 over Scotland that ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Newsmaker: Soccer-Li in line to continue in China's impossible jobChina's success-hungry football fans place crushing demands on the national team and no one knows that better than the current coach, former ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Soccer-Spain hit back after Van der Vaart's 'horrible' tauntSpain have pledged to store former Netherlands player Rafael van der Vaart's scathing assessment about their shaky start in Euro 2020 in their ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Soccer-Germany's Hummels, Gundogan back in training, Mueller jogs aloneGermany's Mats Hummels and Ilkay Gundogan returned to training on Tuesday, a day before their final Euro 2020 Group F match against Hungary, while ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »