Vital Football

Latest Derby County News

League Clubs Approve New Tax Regulations

League Clubs Approve New Tax Regulations

At their Annual General Meeting, Football League clubs have voted to introduce new financial regulations relating to tax payments.

Once necessary practical arrangements have been made, any club that falls behind with its employee related payments to HMRC will be subject to a transfer embargo until such time as the debt is cleared.

Football League Chairman Lord Mawhinney explained, "It is only right that we do not permit clubs that are unable to meet the costs associated with their existing playing staff to make further new player commitments."

Clubs have also agreed to give The League written permission to monitor, as appropriate, their tax affairs directly with HMRC, who have welcomed this new arrangement.

Lord Mawhinney said: "This new regime will provide us with an early warning system where clubs are facing financial problems. It should also help prevent HMRC debt reaching levels that otherwise could hinder the potential rescue of the club through a CVA.

"More importantly, football generally needs to develop a culture of paying its debts rather than putting them off for another day. This will help our clubs to become more financially sustainable in the longer term."

Clubs also approved a proposal from Derby County to increase the number of substitutes for Coca-Cola Football League matches to seven (from the current five), of which three may enter the field of play.

"We thought it was an idea that deserved further discussions, so we agreed to take it on.

As a club with a lot of up-and-coming young players, this new rule might give some of them the chance to gain some first-team experience."

A Derby spokesman told the Evening Telegraph when commenting on the increasing of substitutes from five to seven.

Get active! Have your say on this articles content below!



For the very latest Championship odds

Click here to join in the debate on the club forum.

Writer:Gazza
Date:Sunday June 14 2009
Time: 11:47AM

Best of Vital Network

Vital Boxing - Leeds Under-Card Round-Up

Login to post a comment

Recent Derby County Articles

Karlsruher SC 0 Derby County 2

Goals from Andreas Weimann and Darren Bent gave Derby County a 2-0 victory over Karslruher SC in Germany in their final pre-season game

Powell Happy With Pre-season

Assistant Manager Chris Powell has praised the Derby County squad for their work in pre-season ahead of their final friendly against Karlsruher SC at the Wildparkstadion later today.

Behaviour Rules - Some Initial Reaction

Various rules on what is and isn't acceptable are being rolled out this season in an attempt to reduce 'intolerable behaviour' towards match day officials. What's the initial reaction?

Blackman - Everyone Fighting For Places

Nick Blackman scored his first goal in a Derby County shirt against Sheffield United on Wednesday night..

Archived Vital Derby Articles

Vital Derby articles from

Site Journalists

MikeC
Editor email
Profile

Current Poll (see more polls)

Where do The Rams still need to strengthen before the season?
Suggested By: MikeC
Goalkeeper1%
Fullback9%
Centre of Defence27%
Centre of Midfield0%
Wide Attacking0%
Striker63%
We're good with what we've got0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Aston Villa 0 0 0 0 0 0
2 Barnsley 0 0 0 0 0 0
3 Birmingham 0 0 0 0 0 0
4 Blackburn 0 0 0 0 0 0
5 Brentford 0 0 0 0 0 0
6 Brighton 0 0 0 0 0 0
7 Bristol City 0 0 0 0 0 0
8 Burton 0 0 0 0 0 0
9 Cardiff 0 0 0 0 0 0
10 Derby County 0 0 0 0 0 0
11 Fulham 0 0 0 0 0 0
12 Huddersfield 0 0 0 0 0 0
13 Ipswich 0 0 0 0 0 0
14 Leeds Utd 0 0 0 0 0 0
15 Newcastle 0 0 0 0 0 0
16 Norwich 0 0 0 0 0 0
17 Forest 0 0 0 0 0 0
18 Preston 0 0 0 0 0 0
19 Q.P.R. 0 0 0 0 0 0
20 Reading 0 0 0 0 0 0
21 Rotherham 0 0 0 0 0 0
22 Sheff Wed 0 0 0 0 0 0
23 Wigan 0 0 0 0 0 0
24 Wolves 0 0 0 0 0 0
Latest F1 News
Latest Vital Boxing News

Recent Derby County Results (view all)

Derby County Fixtures (view all)

Vital Members League Table

RankNamePoints
1.TomDCFC3