Derby County claim EFL’s charge is “unlawful” – and reveals amortisation conflict
17 January 2020
Derby County will "strongly and vigorously contest" EFL charge for recording excess losses and breaching Profitability and Sustainability rules.
The club also reveals a charge in respect of player amortisation. Until 2017 Derby County had the identical accounting policy to that of all other clubs but changed to using residual values for players.
Derby County are set for a legal battle with the English Football League.
The club has issued a stinging response to the EFL and accused them of being “unlawful” for charging the Championship club.
In a statement Derby County vowed to “strongly contest” the charge over alleged breaches of the profitability and sustainability rules, following the controversial sale of Pride Park in June 2018 to a company owned by Derby County chairman Mel Morris.
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