Derby County facing point deduction after filing for administration 1 month ago

Derby County facing point deduction after filing for administration

The club confirmed its date on Friday night

Derby County are facing a 12-point deduction after confirmation that the club, its holding company and all its subsidiaries had filed 'notices of intention to appoint administrators.'

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In a statement, the club said: "Last week, it became clear that the process which has been underway to identify a purchaser for the Club likely would not be productive over the near term, despite the number of negotiations with credible parties."

Shifting a lot of the blame on the effects of the Covid-19 pandemic, the statement added: "The irony is that the Club’s financial forecasts show the emergence of a financially sustainable picture. Absent the COVID-19 pandemic, we undoubtedly would have been able to trade through."

The club took a £20 million as a result of the pandemic, and was therefore not able to fulfil its day-to-day financial obligations.

It went on to say: "We cannot stress enough how devastating it is to be forced into this position. We all – the owner, the members of the board, and our staff – are true Derby County supporters. We will continue our work under the stewardship of the Administrators to help facilitate their process and their effort to find a purchaser."

A recent statement from the English Football League confirmed the club would be hit with a 12-point deduction once applications for administration had been received.

This will put Wayne Rooney's side, currently 16th, rock bottom of the Championship on a negative five points.

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Speaking on Sky Sports on Friday night, Gary Nevill described it as 'devastating', pleading with the authorities to stop this trend from continuing.

"We need to hear from [new culture secretary] Nadine Dorries that she's going to support the recommendations from the fan-led review to put an independent regulator in place," he said.