Derby: EFL give Championship club extra month to prove they can complete season after £1.25m boost
2 years, 11 months ago

Derby: EFL give Championship club extra month to prove they can complete season after £1.25m boost

Daily Mail  

Derby's future could be decided in court after the crisis-torn Championship club were given a one-month reprieve by EFL chiefs on Thursday night. The joint statement from the EFL and administrators Quantuma confirmed Sportsmail's report on Wednesday that the club was likely to be granted extra time beyond the initial February 1 deadline to prove they had the funds to complete the season. Derby have been given an extra month to prove they can complete the Championship season Wayne Rooney's side have received a lifeline following a £1.25million cash injection Quantuma remain hopeful of naming a preferred bidder before the new March 1 deadline, with former Newcastle owner Mike Ashley one of three parties to have shown interest, although at least one is thought to be wavering amid the lack of clear progress. Quantuma remain hopeful of naming a preferred bidder before the new March 1 deadline, with former Newcastle owner Mike Ashley one of three parties to have shown interest Another would be to seek a verdict via an independent arbitration panel, if no resolution can be reached through dialogue.

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History of this topic

Derby's administrators tell EFL that the club DOES have enough money in place to complete the season
2 years, 10 months ago

Derby's administrators tell EFL that the club DOES have enough money in place to complete the season

Daily Mail  

The English Football League has been told by the administrators of Derby that the Sky Bet Championship club have enough funding in place for the remainder of the season. Wayne Rooney has worked miracles and Derby still have a chance of avoiding relegation While Derby still face 'a number of challenges' according to the EFL, Wayne Rooney's side look set …

The EFL accuses Derby County administrators of threatening the club's future and IGNORING calls
2 years, 10 months ago

The EFL accuses Derby County administrators of threatening the club's future and IGNORING calls

Daily Mail  

Derby County's future has been thrown into further doubt after EFL chiefs urged administrators to clarify how the club will be funded for the rest of the season. The EFL remain 'deeply concerned' over Derby's administration plight after administrators ignored their calls and emails requesting an update The EFL had requested an update on the future of Wayne Rooney's side …

Derby: Championship club find potential breakthrough which could protect them from liquidation
2 years, 11 months ago

Derby: Championship club find potential breakthrough which could protect them from liquidation

Daily Mail  

Derby are exploring whether they can be saved from potential liquidation by an insurance policy worth just £2.5million. Former owner Mel Morris made a dramatic intervention late on Friday, challenging Middlesbrough and Wycombe to dispute their compensation claims in the High Court – but against him personally, rather than against Derby. Derby are exploring whether they can be saved from …

Derby’s administrators are asked to provide funding plan to the EFL
2 years, 11 months ago

Derby’s administrators are asked to provide funding plan to the EFL

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Derby’s administrators have been asked to provide a …

EFL confirms 12-point deduction for Derby after entering administration
3 years, 3 months ago

EFL confirms 12-point deduction for Derby after entering administration

The Hindu  

Derby County will be docked 12 points with immediate effect after the second-tier Championship side entered administration, the English Football League said on Wednesday. Derby, managed by former England and Manchester United striker Wayne Rooney, filed a notice to appoint administrators last week amid a financial crisis and announced it had completed the process earlier on Wednesday. FOLLOW | "I …

Derby County retains Championship status after EFL decides not to appeal fine
3 years, 6 months ago

Derby County retains Championship status after EFL decides not to appeal fine

The Hindu  

Derby County will retain its place in the second-tier Championship after the English Football League said on Friday it would not be appealing the 100,000 pounds fine levied for accounting irregularities. Derby, who finished last season one point above the relegation zone, was fined by an independent disciplinary commission last week but the club escaped a points deduction. Although the …

Explained: Reasons for Derby’s £100k fine, EFL’s ‘interchangeable fixtures’ – and will there be a points deduction?
3 years, 6 months ago

Explained: Reasons for Derby’s £100k fine, EFL’s ‘interchangeable fixtures’ – and will there be a points deduction?

New York Times  

There is a theory in sport that a big event or a famous victory will inspire the next generation, leading to a wave of success a decade or so later. Here is the English Football League’s statement, analysed line by line… “An independent disciplinary commission has delivered its verdict on sanctions for Derby County relating to ongoing disciplinary proceedings.” In …

Derby could still face Championship relegation over accounting irregularities
3 years, 6 months ago

Derby could still face Championship relegation over accounting irregularities

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The EFL has announced an “interchangeable fixture list” …

Explained: Amortisation, delays and disapproval – the EFL’s appeal win over Derby
3 years, 7 months ago

Explained: Amortisation, delays and disapproval – the EFL’s appeal win over Derby

New York Times  

It was the last round of games before an international break and nobody needed one of those more than Derby County and Wayne Rooney. As the EFL more accurately put it: “An independent league arbitration panel has allowed the EFL’s appeal against the outcome of an independent disciplinary commission in respect of misconduct charges brought against Derby County.” Here, is …

EFL considering bank loan to help clubs survive with at least SIX teams struggling to see out season
4 years, 4 months ago

EFL considering bank loan to help clubs survive with at least SIX teams struggling to see out season

Daily Mail  

The Football League are considering taking out a commercial loan to help some of their clubs survive the season due to doubts over whether the Premier League will provide the financial bailout that has been demanded by the Government. The EFL, led by chief Rick Parry, are considering taking out a commercial loan to help clubs The clubs lost a …

EFL set to CONTEST the decision to clear Derby of breaching spending rules
4 years, 4 months ago

EFL set to CONTEST the decision to clear Derby of breaching spending rules

Daily Mail  

The EFL are considering an appeal against the decision by an independent panel to clear Derby County of breaching spending rules which left executives shocked and dismayed on Tuesday. The EFL will consider the panel's full written reasons for the decision before confirming any appeal in the next 14 days, but are considering contesting the verdict which gives the impression …

Derby County set for ANOTHER inquiry and threat of deductions into allegedly breaches of EFL rules
4 years, 4 months ago

Derby County set for ANOTHER inquiry and threat of deductions into allegedly breaches of EFL rules

Daily Mail  

Derby County could face another investigation into an alleged breach of EFL rules after several clubs complained to the Board about a loan undertaken from MSD UK Holdings Limited on the grounds it has created a conflict of interest. Derby face the threat of multiple points deductions that could risk their Championship status The existing charge relates to Derby's sale …

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