how bad must a club act to get points deducted?

copied from BBC website

Derby's embargo continues
Having avoided relegation from the Championship on the final day of season and then again when the EFL decided not to appeal against a decision to only fine the club rather than deduct points for their accounting policies, confirmation of the embargo is a blow to Rams boss Wayne Rooney in terms of building a squad to challenge in 2021-22.

Derby's on-going embargo will continue as the EFL states they have failed to comply with the following conditions:

Regulation 16.2 - Failure to provide audited annual accounts
Regulation 16.3 - Annual accounts not filed with Companies House
Regulation 17 - Default in payments to Her Majesty's Revenue & Customs
Regulation 51.2.3 - Default in paying transfer fee instalments
Profit and Sustainability Rules - non-submission of audited accounts

I wonder if HMRC will issue proceedings ?
I bet the clubs owed transfer fees wont be happy. perhaps its about time transfer fees were paid up front in one go ?

Posted By: Farkeball, Jul 10, 20:33:53