Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X

Rooney's Derby County to have 12-point deduction after entering administration

By Patric Ridge

London, September 22: Derby County are facing a 12-point deduction in the Championship after going into administration.

Amid ongoing financial issues, it was confirmed last week that Derby had filed a notice of intention to appoint administrators.

Manager Wayne Rooney revealed he only found out after the news had broken in the media, while owner Mel Morris has claimed the club is losing between £1.3million and £1.5m per month.

The EFL said in a statement on Wednesday (September 22) that "in accordance with EFL Regulations, a 12-point deduction has been immediately applied to Derby County Football Club's 2021-22 season total".

It added: "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."

Derby also face the possibility of a further points deduction due to a possible breach of the EFL's Financial Fair Play rules.

Andrew Hosking, Carl Jackson and Andrew Andronikou of business advisory firm Quantuma have been appointed as the club's administrators.

"COVID-19 has had a significant impact on the finances of the club and its long-term ability to continue in its current form," a statement from Hosking, released on the club's official website, read.

"We recognise that with the commencement of the 2021-22 season last month, this news will be of concern to stakeholders and fans, in addition to the city of Derby and the wider football community.

"We are in the early stages of assessing the options available to the club and would invite any interested parties to come forward.

"Our immediate objectives are to ensure the club completes all its fixtures in the Championship this season and finding interested parties to safeguard the club and its employees."

Rooney just managed to guide two-time English champions Derby to safety on the final day of the Championship season in 2020-21.

However, there was a risk the Rams could still go down due to financial regulations, though instead they were fined £100,000 and ordered to resubmit their accounts by an EFL disciplinary commission.

Derby, who face Sheffield United on Saturday, beat Stoke City 2-1 in their previous match to move onto 10 points from eight games prior to the deduction.

ICC T20 World Cup 2021 Predictions
Match 8 - October 20 2021, 07:30 PM
Sri Lanka
Ireland
Predict Now
For Quick Alerts
Subscribe Now
For Quick Alerts
ALLOW NOTIFICATIONS
For Daily Alerts
Story first published: Wednesday, September 22, 2021, 19:30 [IST]
Other articles published on Sep 22, 2021