The Japan Times - EFL urged to find solutions to Derby standoff by government

EUR -
AED 4.194362
AFN 73.094756
ALL 93.997136
AMD 420.523252
ANG 2.044819
AOA 1047.87657
ARS 1700.586692
AUD 1.652009
AWG 2.058635
AZN 1.935388
BAM 1.957325
BBD 2.299982
BDT 140.797852
BGN 1.931154
BHD 0.430565
BIF 3409.168063
BMD 1.1421
BND 1.477345
BOB 7.908092
BRL 5.965983
BSD 1.141885
BTN 108.995537
BWP 15.48593
BYN 3.312852
BYR 22385.157128
BZD 2.296679
CAD 1.621371
CDF 2565.156538
CHF 0.918957
CLF 0.026849
CLP 1056.715829
CNY 7.753832
CNH 7.754721
COP 3847.334671
CRC 519.702645
CUC 1.1421
CUP 30.265646
CVE 110.612769
CZK 24.202579
DJF 202.973401
DKK 7.474472
DOP 67.498538
DZD 152.258657
EGP 56.066139
ERN 17.131498
ETB 180.625487
FJD 2.58166
FKP 0.860146
GBP 0.856348
GEL 3.009416
GGP 0.860146
GHS 13.025663
GIP 0.860146
GMD 82.80023
GNF 10021.92659
GTQ 8.711673
GYD 238.865063
HKD 8.957535
HNL 29.991685
HRK 7.532609
HTG 149.365068
HUF 354.43527
IDR 20597.542437
ILS 3.419047
IMP 0.860146
INR 109.101886
IQD 1496.721858
IRR 1571472.293475
ISK 143.51652
JEP 0.860146
JMD 179.349738
JOD 0.809737
JPY 184.386879
KES 147.650165
KGS 99.876863
KHR 4579.820353
KMF 492.244772
KPW 1027.890268
KRW 1766.223156
KWD 0.348661
KYD 0.951633
KZT 542.217715
LAK 25206.144028
LBP 102275.042116
LKR 383.281918
LRD 207.57634
LSL 18.581415
LTL 3.372324
LVL 0.690845
LYD 7.32657
MAD 10.714609
MDL 20.22358
MGA 4888.18764
MKD 61.62341
MMK 2397.560999
MNT 4093.502537
MOP 9.225607
MRU 45.752413
MUR 53.987316
MVR 17.656654
MWK 1983.827516
MXN 19.96611
MYR 4.648462
MZN 72.991699
NAD 18.604391
NGN 1565.023624
NIO 41.783701
NOK 11.261579
NPR 174.396115
NZD 2.006978
OMR 0.439156
PAB 1.14188
PEN 3.885397
PGK 5.01325
PHP 70.26255
PKR 317.646558
PLN 4.289442
PYG 6939.406756
QAR 4.162929
RON 5.234277
RSD 117.361017
RUB 88.513151
RWF 1673.176285
SAR 4.30252
SBD 9.203658
SCR 15.143761
SDG 685.82765
SEK 11.070882
SGD 1.476633
SHP 0.852693
SLE 27.810268
SLL 23949.267062
SOS 652.70485
SRD 42.996612
STD 23639.161076
STN 24.897777
SVC 9.991785
SYP 126.238693
SZL 18.582148
THB 37.992529
TJS 10.562784
TMT 4.00877
TND 3.342353
TOP 2.749903
TRY 53.373636
TTD 7.747002
TWD 36.48564
TZS 2998.009849
UAH 51.173318
UGX 4185.242559
USD 1.1421
UYU 45.83511
UZS 13608.119812
VES 729.691331
VND 30025.805147
VUV 137.048697
WST 3.163211
XAF 656.465603
XAG 0.018696
XAU 0.000277
XCD 3.086582
XCG 2.057967
XDR 0.816622
XOF 656.130886
XPF 119.331742
YER 270.734571
ZAR 18.581405
ZMK 10280.269652
ZMW 20.811032
ZWL 367.755687
  • RBGPF

    0.0000

    65.61

    0%

  • CMSC

    0.0400

    21.99

    +0.18%

  • BCC

    0.4500

    75.93

    +0.59%

  • CMSD

    -0.0300

    22.15

    -0.14%

  • JRI

    0.0600

    13

    +0.46%

  • RIO

    1.0700

    94.42

    +1.13%

  • VOD

    0.1400

    13.15

    +1.06%

  • RELX

    0.5500

    31.93

    +1.72%

  • RYCEF

    0.2500

    19.75

    +1.27%

  • NGG

    2.6700

    82.85

    +3.22%

  • BCE

    0.4000

    21.42

    +1.87%

  • GSK

    2.3600

    53.66

    +4.4%

  • AZN

    11.2900

    195.15

    +5.79%

  • BTI

    1.2100

    61.77

    +1.96%

  • BP

    1.2500

    37.4

    +3.34%

EFL urged to find solutions to Derby standoff by government
EFL urged to find solutions to Derby standoff by government

EFL urged to find solutions to Derby standoff by government

The English Football League (EFL) must work "pragmatically and rapidly" to resolve issues that threaten the future of Derby County, according to a UK government minister.

Text size:

Derby, managed by former England and Manchester United captain Wayne Rooney, went into administration in September and have been docked 21 points for breaching EFL financial rules.

The Championship club's administrators are understood to be in talks with three potential buyers, but have been unable to name a preferred bidder due to the threat of legal action against Derby by two other clubs.

Middlesbrough and Wycombe are seeking compensation for loss of earnings in relation to Derby's financial breaches and potential new owners are reluctant to commit themselves to further liabilities.

"The current situation remains challenging as Middlesbrough and Wycombe Wanderers consider their claims should be protected under the terms of the Insolvency Policy. The administrators disagree," the EFL said in a statement on the issue.

"Further, as those claims are not yet determined the administrators and bidders have no clarity on the size of any (if any) liability. That has implications for exiting administration, and ultimately the club being able to retain its membership status."

Culture minister Chris Philp encouraged Middlesbrough and Wycombe to drop their claims.

"There are obviously legal proceedings ongoing, but I think it would serve everybody's interests, the interests of football more generally, as well as Derby County in particular, if those involved did show pragmatism and help a proud and longstanding club survive," Philip told the House of Commons.

"We do want to see the English Football League work urgently and pragmatically and rapidly to resolve these outstanding issues which are in the way of a takeover by a new owner, who we hope can invest the money needed to turn the club around."

Conservative MP Damian Collins, a former chair of the digital, culture, media and sport committee, said it was the EFL's failure to punish Derby at the time which has caused the current chaos.

Middlesbrough were denied a playoff place by the Rams by one point in 2018/19, while Wycombe were relegated last season when a points deduction was delayed.

"If the EFL had enforced its own financial rules effectively this wouldn't have happened," said Collins. "And yet it is the EFL's own rules that will trigger the expulsion of Derby from the league."

K.Tanaka--JT