San Fran Van Rams

I haven't read the latest in this thread as frankly I don't have the time or inclination. The whole process has been an absolute farce - a witch hunt against an owner; a wider agenda in an attempt to force change up the pyramid; and a corrupt system which bows to those who shout the loudest.
The biggest issue in those whole debacle is that there is an assumption that the LAP made the correct decision about our amortization policy's non-compliance with FRS102. My understanding is that even though the original DC (which included the relevant experts) found the policy to be in compliance (apart from poor disclosure), the LAP then decided to uphold the original particulars even though the LAP had no accounting expertise on it. 
The second biggest issue is that EFL have used the club's financial plight to have it agree to the punishment. The EFL knew full well that we were unable to let the sanctions/appeals decision slip given the existing funding and limited cashflow and the inability to sell the club without that decision agreed upon. The EFL forced us to agree to the decision or face liquidation. To me, this is forcing a false confession and is completely unjust and unfair. 
The third biggest issue is that we have been repeatedly punished for the same perceived mis-demeanor which I'm still yet to see full evidence that we're guilt of - non-compliance with FRS 102. Putting the compliance matter to one side, we've been punished through a strict transfer embargo, an inability to utilize a league wide loan and now a points deduction. The overall points deduction is also a repeated sanction for the same alleged crime given we would have changed our approach and our decisions if we were to know we couldn't use it. (To note, indirectly we've also been punished with administration as the whole EFL debacle forced buyers to pull out a potential acquisition that would have prevented this from happening).
Finally, the fourth biggest issue is that throughout this whole process, Derby's name has been dragged through the mud. Whether its from the EFLs shockingly worded statements, leaks to the national press, or miss/over simplified reporting by the press, Derby County is now a dirty word amongst many a fan - I do not care that we are not liked. I care that we are not liked because of false accusations and an agenda from our governing body which is meant to protect our club and the game we love.
As I've said before, I do not admonish MM of any responsibility. His financial mis-management of Derby is shocking and he should be condemned as one of, if not the, worst owners in our history and the fact he decided to walked away from the steaming pile of poo he created says a lot about the man.
The EFL, however, has done nothing but further punish and cripple the club and is as worthy of as much criticism as our esteemed previous owner. It is an unfit and unjust governance body that needs dismantling and building from the floor up again. 

The Reading penalty is a farce if true. Another example of inept and inconsistent governance. But of course, no one will hold them to account. Shambolic.

The Reading penalty is a farce if true. Another example of inept and inconsistent governance. But of course, no one will hold them to account. Shambolic.

At the risk of opening another can of worms, it should be noted that the accounts presented within the report are the EFL's version of the accounts, and that the club believed that they could have presented them differently while still complying with FRS102 and the findings of the original commission, presumably to allow the club to comply with the FFP thresholds. This challenge has never arisen as it would have had to have comprised part of a commission, and, due to the agreed deal, this never took place.
It's what perhaps disappoints me most about there being a lack of a commission. There's so many parts within the case that now won't be heard and ruled upon, and a lot of ifs and maybes that won't be answered. There's no "here's what you could have won".

Their overspend is an automatic 12 point penalty if taken to the disciplinary panel, maybe then reduced to 11 because they've admitted their breach.
Going over £15m above the allowable losses means the -12 sticks. They went £54m over the allowable limits. You'd like to think if it did go to a panel they'd look very negatively at this and the massive scale of their breach would see further points deducted?
The EFL doing them a deal where it's 6 now with and 6 suspended really doesn't make any sense to me, it's scandalous. Basically cheat and admit it, comply and be let off with a kick to the shins. Don't actually cheat, defend yourself and get your legs sawn off.
The only thing I'm thinking now though, is surely their next set of accounts must also be in breach? That £54m isn't going anywhere, a £93m loss won't have been rectified in one season of cut-backs,  so they might end up facing fresh charges and further deductions next season?
Otherwise it's completely farcical, and it doesn't seem to matter whether you breach the limits by £15m or £150m.

Yep I fully understand that and again the truth of everything will never get heard in public. I accept our over spending on mediocre players and I frequently commentated on it but the behaviour and actions of the EFL will get hidden away again 

It’s not really anybody to do with Derby county football club agreeing with this it’s the administrators doing it to sell the club under duress like a forced confession before hanging 

I half feel like combing through each club in the championship, picking out examples like you've called out where there rules have been bent and presenting it to the EFL repeatedly until they notice. Then threaten legal action until the EFL deducts  each club 21 points....
... Sorry, I've gone too far. Such action would obviously be far too petty and I realize we're all trying our best to exit a financially rigged league.... Oh wait

I haven't read the latest in this thread as frankly I don't have the time or inclination. The whole process has been an absolute farce - a witch hunt against an owner; a wider agenda in an attempt to force change up the pyramid; and a corrupt system which bows to those who shout the loudest.
The biggest issue in those whole debacle is that there is an assumption that the LAP made the correct decision about our amortization policy's non-compliance with FRS102. My understanding is that even though the original DC (which included the relevant experts) found the policy to be in compliance (apart from poor disclosure), the LAP then decided to uphold the original particulars even though the LAP had no accounting expertise on it. 
The second biggest issue is that EFL have used the club's financial plight to have it agree to the punishment. The EFL knew full well that we were unable to let the sanctions/appeals decision slip given the existing funding and limited cashflow and the inability to sell the club without that decision agreed upon. The EFL forced us to agree to the decision or face liquidation. To me, this is forcing a false confession and is completely unjust and unfair. 
The third biggest issue is that we have been repeatedly punished for the same perceived mis-demeanor which I'm still yet to see full evidence that we're guilt of - non-compliance with FRS 102. Putting the compliance matter to one side, we've been punished through a strict transfer embargo, an inability to utilize a league wide loan and now a points deduction. The overall points deduction is also a repeated sanction for the same alleged crime given we would have changed our approach and our decisions if we were to know we couldn't use it. (To note, indirectly we've also been punished with administration as the whole EFL debacle forced buyers to pull out a potential acquisition that would have prevented this from happening).
Finally, the fourth biggest issue is that throughout this whole process, Derby's name has been dragged through the mud. Whether its from the EFLs shockingly worded statements, leaks to the national press, or miss/over simplified reporting by the press, Derby County is now a dirty word amongst many a fan - I do not care that we are not liked. I care that we are not liked because of false accusations and an agenda from our governing body which is meant to protect our club and the game we love.
As I've said before, I do not admonish MM of any responsibility. His financial mis-management of Derby is shocking and he should be condemned as one of, if not the, worst owners in our history and the fact he decided to walked away from the steaming pile of poo he created says a lot about the man.
The EFL, however, has done nothing but further punish and cripple the club and is as worthy of as much criticism as our esteemed previous owner. It is an unfit and unjust governance body that needs dismantling and building from the floor up again. 

Quite looking forward to watching the players play without any pressure. The expectations have dropped through the floor and I'm hoping that equates to our players just going out there and playing good football. Never know, may end up picking up another 50 points...

I haven't read the latest in this thread as frankly I don't have the time or inclination. The whole process has been an absolute farce - a witch hunt against an owner; a wider agenda in an attempt to force change up the pyramid; and a corrupt system which bows to those who shout the loudest.
The biggest issue in those whole debacle is that there is an assumption that the LAP made the correct decision about our amortization policy's non-compliance with FRS102. My understanding is that even though the original DC (which included the relevant experts) found the policy to be in compliance (apart from poor disclosure), the LAP then decided to uphold the original particulars even though the LAP had no accounting expertise on it. 
The second biggest issue is that EFL have used the club's financial plight to have it agree to the punishment. The EFL knew full well that we were unable to let the sanctions/appeals decision slip given the existing funding and limited cashflow and the inability to sell the club without that decision agreed upon. The EFL forced us to agree to the decision or face liquidation. To me, this is forcing a false confession and is completely unjust and unfair. 
The third biggest issue is that we have been repeatedly punished for the same perceived mis-demeanor which I'm still yet to see full evidence that we're guilt of - non-compliance with FRS 102. Putting the compliance matter to one side, we've been punished through a strict transfer embargo, an inability to utilize a league wide loan and now a points deduction. The overall points deduction is also a repeated sanction for the same alleged crime given we would have changed our approach and our decisions if we were to know we couldn't use it. (To note, indirectly we've also been punished with administration as the whole EFL debacle forced buyers to pull out a potential acquisition that would have prevented this from happening).
Finally, the fourth biggest issue is that throughout this whole process, Derby's name has been dragged through the mud. Whether its from the EFLs shockingly worded statements, leaks to the national press, or miss/over simplified reporting by the press, Derby County is now a dirty word amongst many a fan - I do not care that we are not liked. I care that we are not liked because of false accusations and an agenda from our governing body which is meant to protect our club and the game we love.
As I've said before, I do not admonish MM of any responsibility. His financial mis-management of Derby is shocking and he should be condemned as one of, if not the, worst owners in our history and the fact he decided to walked away from the steaming pile of poo he created says a lot about the man.
The EFL, however, has done nothing but further punish and cripple the club and is as worthy of as much criticism as our esteemed previous owner. It is an unfit and unjust governance body that needs dismantling and building from the floor up again. 

I half feel like combing through each club in the championship, picking out examples like you've called out where there rules have been bent and presenting it to the EFL repeatedly until they notice. Then threaten legal action until the EFL deducts  each club 21 points....
... Sorry, I've gone too far. Such action would obviously be far too petty and I realize we're all trying our best to exit a financially rigged league.... Oh wait

I haven't read the latest in this thread as frankly I don't have the time or inclination. The whole process has been an absolute farce - a witch hunt against an owner; a wider agenda in an attempt to force change up the pyramid; and a corrupt system which bows to those who shout the loudest.
The biggest issue in those whole debacle is that there is an assumption that the LAP made the correct decision about our amortization policy's non-compliance with FRS102. My understanding is that even though the original DC (which included the relevant experts) found the policy to be in compliance (apart from poor disclosure), the LAP then decided to uphold the original particulars even though the LAP had no accounting expertise on it. 
The second biggest issue is that EFL have used the club's financial plight to have it agree to the punishment. The EFL knew full well that we were unable to let the sanctions/appeals decision slip given the existing funding and limited cashflow and the inability to sell the club without that decision agreed upon. The EFL forced us to agree to the decision or face liquidation. To me, this is forcing a false confession and is completely unjust and unfair. 
The third biggest issue is that we have been repeatedly punished for the same perceived mis-demeanor which I'm still yet to see full evidence that we're guilt of - non-compliance with FRS 102. Putting the compliance matter to one side, we've been punished through a strict transfer embargo, an inability to utilize a league wide loan and now a points deduction. The overall points deduction is also a repeated sanction for the same alleged crime given we would have changed our approach and our decisions if we were to know we couldn't use it. (To note, indirectly we've also been punished with administration as the whole EFL debacle forced buyers to pull out a potential acquisition that would have prevented this from happening).
Finally, the fourth biggest issue is that throughout this whole process, Derby's name has been dragged through the mud. Whether its from the EFLs shockingly worded statements, leaks to the national press, or miss/over simplified reporting by the press, Derby County is now a dirty word amongst many a fan - I do not care that we are not liked. I care that we are not liked because of false accusations and an agenda from our governing body which is meant to protect our club and the game we love.
As I've said before, I do not admonish MM of any responsibility. His financial mis-management of Derby is shocking and he should be condemned as one of, if not the, worst owners in our history and the fact he decided to walked away from the steaming pile of poo he created says a lot about the man.
The EFL, however, has done nothing but further punish and cripple the club and is as worthy of as much criticism as our esteemed previous owner. It is an unfit and unjust governance body that needs dismantling and building from the floor up again. 

I haven't read the latest in this thread as frankly I don't have the time or inclination. The whole process has been an absolute farce - a witch hunt against an owner; a wider agenda in an attempt to force change up the pyramid; and a corrupt system which bows to those who shout the loudest.
The biggest issue in those whole debacle is that there is an assumption that the LAP made the correct decision about our amortization policy's non-compliance with FRS102. My understanding is that even though the original DC (which included the relevant experts) found the policy to be in compliance (apart from poor disclosure), the LAP then decided to uphold the original particulars even though the LAP had no accounting expertise on it. 
The second biggest issue is that EFL have used the club's financial plight to have it agree to the punishment. The EFL knew full well that we were unable to let the sanctions/appeals decision slip given the existing funding and limited cashflow and the inability to sell the club without that decision agreed upon. The EFL forced us to agree to the decision or face liquidation. To me, this is forcing a false confession and is completely unjust and unfair. 
The third biggest issue is that we have been repeatedly punished for the same perceived mis-demeanor which I'm still yet to see full evidence that we're guilt of - non-compliance with FRS 102. Putting the compliance matter to one side, we've been punished through a strict transfer embargo, an inability to utilize a league wide loan and now a points deduction. The overall points deduction is also a repeated sanction for the same alleged crime given we would have changed our approach and our decisions if we were to know we couldn't use it. (To note, indirectly we've also been punished with administration as the whole EFL debacle forced buyers to pull out a potential acquisition that would have prevented this from happening).
Finally, the fourth biggest issue is that throughout this whole process, Derby's name has been dragged through the mud. Whether its from the EFLs shockingly worded statements, leaks to the national press, or miss/over simplified reporting by the press, Derby County is now a dirty word amongst many a fan - I do not care that we are not liked. I care that we are not liked because of false accusations and an agenda from our governing body which is meant to protect our club and the game we love.
As I've said before, I do not admonish MM of any responsibility. His financial mis-management of Derby is shocking and he should be condemned as one of, if not the, worst owners in our history and the fact he decided to walked away from the steaming pile of poo he created says a lot about the man.
The EFL, however, has done nothing but further punish and cripple the club and is as worthy of as much criticism as our esteemed previous owner. It is an unfit and unjust governance body that needs dismantling and building from the floor up again. 

I haven't read the latest in this thread as frankly I don't have the time or inclination. The whole process has been an absolute farce - a witch hunt against an owner; a wider agenda in an attempt to force change up the pyramid; and a corrupt system which bows to those who shout the loudest.
The biggest issue in those whole debacle is that there is an assumption that the LAP made the correct decision about our amortization policy's non-compliance with FRS102. My understanding is that even though the original DC (which included the relevant experts) found the policy to be in compliance (apart from poor disclosure), the LAP then decided to uphold the original particulars even though the LAP had no accounting expertise on it. 
The second biggest issue is that EFL have used the club's financial plight to have it agree to the punishment. The EFL knew full well that we were unable to let the sanctions/appeals decision slip given the existing funding and limited cashflow and the inability to sell the club without that decision agreed upon. The EFL forced us to agree to the decision or face liquidation. To me, this is forcing a false confession and is completely unjust and unfair. 
The third biggest issue is that we have been repeatedly punished for the same perceived mis-demeanor which I'm still yet to see full evidence that we're guilt of - non-compliance with FRS 102. Putting the compliance matter to one side, we've been punished through a strict transfer embargo, an inability to utilize a league wide loan and now a points deduction. The overall points deduction is also a repeated sanction for the same alleged crime given we would have changed our approach and our decisions if we were to know we couldn't use it. (To note, indirectly we've also been punished with administration as the whole EFL debacle forced buyers to pull out a potential acquisition that would have prevented this from happening).
Finally, the fourth biggest issue is that throughout this whole process, Derby's name has been dragged through the mud. Whether its from the EFLs shockingly worded statements, leaks to the national press, or miss/over simplified reporting by the press, Derby County is now a dirty word amongst many a fan - I do not care that we are not liked. I care that we are not liked because of false accusations and an agenda from our governing body which is meant to protect our club and the game we love.
As I've said before, I do not admonish MM of any responsibility. His financial mis-management of Derby is shocking and he should be condemned as one of, if not the, worst owners in our history and the fact he decided to walked away from the steaming pile of poo he created says a lot about the man.
The EFL, however, has done nothing but further punish and cripple the club and is as worthy of as much criticism as our esteemed previous owner. It is an unfit and unjust governance body that needs dismantling and building from the floor up again. 

I haven't read the latest in this thread as frankly I don't have the time or inclination. The whole process has been an absolute farce - a witch hunt against an owner; a wider agenda in an attempt to force change up the pyramid; and a corrupt system which bows to those who shout the loudest.
The biggest issue in those whole debacle is that there is an assumption that the LAP made the correct decision about our amortization policy's non-compliance with FRS102. My understanding is that even though the original DC (which included the relevant experts) found the policy to be in compliance (apart from poor disclosure), the LAP then decided to uphold the original particulars even though the LAP had no accounting expertise on it. 
The second biggest issue is that EFL have used the club's financial plight to have it agree to the punishment. The EFL knew full well that we were unable to let the sanctions/appeals decision slip given the existing funding and limited cashflow and the inability to sell the club without that decision agreed upon. The EFL forced us to agree to the decision or face liquidation. To me, this is forcing a false confession and is completely unjust and unfair. 
The third biggest issue is that we have been repeatedly punished for the same perceived mis-demeanor which I'm still yet to see full evidence that we're guilt of - non-compliance with FRS 102. Putting the compliance matter to one side, we've been punished through a strict transfer embargo, an inability to utilize a league wide loan and now a points deduction. The overall points deduction is also a repeated sanction for the same alleged crime given we would have changed our approach and our decisions if we were to know we couldn't use it. (To note, indirectly we've also been punished with administration as the whole EFL debacle forced buyers to pull out a potential acquisition that would have prevented this from happening).
Finally, the fourth biggest issue is that throughout this whole process, Derby's name has been dragged through the mud. Whether its from the EFLs shockingly worded statements, leaks to the national press, or miss/over simplified reporting by the press, Derby County is now a dirty word amongst many a fan - I do not care that we are not liked. I care that we are not liked because of false accusations and an agenda from our governing body which is meant to protect our club and the game we love.
As I've said before, I do not admonish MM of any responsibility. His financial mis-management of Derby is shocking and he should be condemned as one of, if not the, worst owners in our history and the fact he decided to walked away from the steaming pile of poo he created says a lot about the man.
The EFL, however, has done nothing but further punish and cripple the club and is as worthy of as much criticism as our esteemed previous owner. It is an unfit and unjust governance body that needs dismantling and building from the floor up again. 

I haven't read the latest in this thread as frankly I don't have the time or inclination. The whole process has been an absolute farce - a witch hunt against an owner; a wider agenda in an attempt to force change up the pyramid; and a corrupt system which bows to those who shout the loudest.
The biggest issue in those whole debacle is that there is an assumption that the LAP made the correct decision about our amortization policy's non-compliance with FRS102. My understanding is that even though the original DC (which included the relevant experts) found the policy to be in compliance (apart from poor disclosure), the LAP then decided to uphold the original particulars even though the LAP had no accounting expertise on it. 
The second biggest issue is that EFL have used the club's financial plight to have it agree to the punishment. The EFL knew full well that we were unable to let the sanctions/appeals decision slip given the existing funding and limited cashflow and the inability to sell the club without that decision agreed upon. The EFL forced us to agree to the decision or face liquidation. To me, this is forcing a false confession and is completely unjust and unfair. 
The third biggest issue is that we have been repeatedly punished for the same perceived mis-demeanor which I'm still yet to see full evidence that we're guilt of - non-compliance with FRS 102. Putting the compliance matter to one side, we've been punished through a strict transfer embargo, an inability to utilize a league wide loan and now a points deduction. The overall points deduction is also a repeated sanction for the same alleged crime given we would have changed our approach and our decisions if we were to know we couldn't use it. (To note, indirectly we've also been punished with administration as the whole EFL debacle forced buyers to pull out a potential acquisition that would have prevented this from happening).
Finally, the fourth biggest issue is that throughout this whole process, Derby's name has been dragged through the mud. Whether its from the EFLs shockingly worded statements, leaks to the national press, or miss/over simplified reporting by the press, Derby County is now a dirty word amongst many a fan - I do not care that we are not liked. I care that we are not liked because of false accusations and an agenda from our governing body which is meant to protect our club and the game we love.
As I've said before, I do not admonish MM of any responsibility. His financial mis-management of Derby is shocking and he should be condemned as one of, if not the, worst owners in our history and the fact he decided to walked away from the steaming pile of poo he created says a lot about the man.
The EFL, however, has done nothing but further punish and cripple the club and is as worthy of as much criticism as our esteemed previous owner. It is an unfit and unjust governance body that needs dismantling and building from the floor up again. 

So am I correct in believing that we haven’t actually broken any rules and been charged ?

I haven't read the latest in this thread as frankly I don't have the time or inclination. The whole process has been an absolute farce - a witch hunt against an owner; a wider agenda in an attempt to force change up the pyramid; and a corrupt system which bows to those who shout the loudest.
The biggest issue in those whole debacle is that there is an assumption that the LAP made the correct decision about our amortization policy's non-compliance with FRS102. My understanding is that even though the original DC (which included the relevant experts) found the policy to be in compliance (apart from poor disclosure), the LAP then decided to uphold the original particulars even though the LAP had no accounting expertise on it. 
The second biggest issue is that EFL have used the club's financial plight to have it agree to the punishment. The EFL knew full well that we were unable to let the sanctions/appeals decision slip given the existing funding and limited cashflow and the inability to sell the club without that decision agreed upon. The EFL forced us to agree to the decision or face liquidation. To me, this is forcing a false confession and is completely unjust and unfair. 
The third biggest issue is that we have been repeatedly punished for the same perceived mis-demeanor which I'm still yet to see full evidence that we're guilt of - non-compliance with FRS 102. Putting the compliance matter to one side, we've been punished through a strict transfer embargo, an inability to utilize a league wide loan and now a points deduction. The overall points deduction is also a repeated sanction for the same alleged crime given we would have changed our approach and our decisions if we were to know we couldn't use it. (To note, indirectly we've also been punished with administration as the whole EFL debacle forced buyers to pull out a potential acquisition that would have prevented this from happening).
Finally, the fourth biggest issue is that throughout this whole process, Derby's name has been dragged through the mud. Whether its from the EFLs shockingly worded statements, leaks to the national press, or miss/over simplified reporting by the press, Derby County is now a dirty word amongst many a fan - I do not care that we are not liked. I care that we are not liked because of false accusations and an agenda from our governing body which is meant to protect our club and the game we love.
As I've said before, I do not admonish MM of any responsibility. His financial mis-management of Derby is shocking and he should be condemned as one of, if not the, worst owners in our history and the fact he decided to walked away from the steaming pile of poo he created says a lot about the man.
The EFL, however, has done nothing but further punish and cripple the club and is as worthy of as much criticism as our esteemed previous owner. It is an unfit and unjust governance body that needs dismantling and building from the floor up again. 

They have done nothing - except prevent us from appealing a penalty because they knew we have be saleable. So with that bit of timely threat they prevent just being done. …. Was this “negotiation?” 
 
sorry I thought rules were rules ? So all of a sudden the ffp deduction is resolved . Funny how it all happened so quickly once we surrendered. Nothing more then protection racketeers
 
Loathsome organisation. 

I would love to know the thinking by it all though, timings etc.
Why spend all that time appealing to drop it last minute and then accept the 9 anyway?
I would have thought any potential buyer would have been happy to wait a few more weeks.
My only guess is the EFL came in all guns blazing, either accept the deductions or we drag our heels until you rot. It wouldn't surprise me.

Once upon a time not that long ago football was about the players who pulled on the great jersey of a fans beloved team 
it was about  growing up watching your heroes on the pitch and trying to emulate them in your own football matches 
football is lost !!!
it’s about amortisation and ffp and players leaving for free with greedy agents pocketing money that never returns to the game and football clubs losing money to greed
For the last 18 months or so the headlines have not been about a great goal or a terrific signing it’s about finance and ffp and some things we never used to know anything about like amortisation blah blah blah !! because we just love the game and are fans this whole charade is both upsetting and has probably put us back years 
sick to death with how the EFL have treated us and how a so called fan has dragged us through the mire and made us a laughing stock ...someone we trusted 
 ....and I’ve had enough 
THE END 
 
 

Yes they had around 40 million quid of 'loans' in actual fact debt and money spent wiped on takeover.  They would have been up the crapper if not.  Surprise, everyone bends the rules.  Another clubs owner converts any debt to shares to the tune of 13 million a year' I've overspent by 13 million so I'll sell myself shares at no cost and buy my own debt' . One wonders how many shares he can have and why there not worth tuppence each. Others buy 12 million pound players to be paid in full in 3 years thereby hedging there bets and effectively amortising that players total fee in year  3 of the contract, which doesn't sound very straight line.
 

Sir you obviously make up for the lack of quantity of your posts with the sheer quality of this one .Absolutely spot on.

I haven't read the latest in this thread as frankly I don't have the time or inclination. The whole process has been an absolute farce - a witch hunt against an owner; a wider agenda in an attempt to force change up the pyramid; and a corrupt system which bows to those who shout the loudest.
The biggest issue in those whole debacle is that there is an assumption that the LAP made the correct decision about our amortization policy's non-compliance with FRS102. My understanding is that even though the original DC (which included the relevant experts) found the policy to be in compliance (apart from poor disclosure), the LAP then decided to uphold the original particulars even though the LAP had no accounting expertise on it. 
The second biggest issue is that EFL have used the club's financial plight to have it agree to the punishment. The EFL knew full well that we were unable to let the sanctions/appeals decision slip given the existing funding and limited cashflow and the inability to sell the club without that decision agreed upon. The EFL forced us to agree to the decision or face liquidation. To me, this is forcing a false confession and is completely unjust and unfair. 
The third biggest issue is that we have been repeatedly punished for the same perceived mis-demeanor which I'm still yet to see full evidence that we're guilt of - non-compliance with FRS 102. Putting the compliance matter to one side, we've been punished through a strict transfer embargo, an inability to utilize a league wide loan and now a points deduction. The overall points deduction is also a repeated sanction for the same alleged crime given we would have changed our approach and our decisions if we were to know we couldn't use it. (To note, indirectly we've also been punished with administration as the whole EFL debacle forced buyers to pull out a potential acquisition that would have prevented this from happening).
Finally, the fourth biggest issue is that throughout this whole process, Derby's name has been dragged through the mud. Whether its from the EFLs shockingly worded statements, leaks to the national press, or miss/over simplified reporting by the press, Derby County is now a dirty word amongst many a fan - I do not care that we are not liked. I care that we are not liked because of false accusations and an agenda from our governing body which is meant to protect our club and the game we love.
As I've said before, I do not admonish MM of any responsibility. His financial mis-management of Derby is shocking and he should be condemned as one of, if not the, worst owners in our history and the fact he decided to walked away from the steaming pile of poo he created says a lot about the man.
The EFL, however, has done nothing but further punish and cripple the club and is as worthy of as much criticism as our esteemed previous owner. It is an unfit and unjust governance body that needs dismantling and building from the floor up again.