JC21
Vital Football Hero
EFL statement;
“The club was charged in November 2019 and referred to an independent disciplinary commission, which conducted a full hearing at the end of June 2020, before finding the club guilty based on the fact that the club should not have included profits from the sale of Hillsborough Stadium in financial statements for the period ending July 2018."
The wording is crucial. The difference between Wednesday and Derby was that, in theory, Wednesday included their stadium sale in the wrong accounting period to avoid an FFP sanction.
The basic statement does not suggest that is what they were punished for. It implies that the stadium sale itself was found to contravene the rules.
If that is truly the case, then Derby surely have no real defence (neither do Reading)
I know we agree on very little but I don't agree (as much as I want to in this case)
I would highlight this bit
“The club was charged in November 2019 and referred to an independent disciplinary commission, which conducted a full hearing at the end of June 2020, before finding the club guilty based on the fact that the club should not have included profits from the sale of Hillsborough Stadium in financial statements for the period ending July 2018."
To me, it's the period that's the problem, not the sale in SW's case.