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Derby County defend £80m Pride Park as EFL initiate independent valuation of stadium

Derby County have defended their 80m evaluation of Pride Park in the aftermath of an investigation initiated by the English Football League.
The EFL has commissioned valuations of the Rams’ home ground in Addition to Sheffield Wednesday’s Hillsborough and Reading’s Madejski Stadium within this Profitability and Sustainability (P&S) procedure.
Derby have told Sky Sports News they conducted their own independent evaluation of Pride Park prior to selling it to the next of owner Mel Morris’s businesses – a movement that’s been met with criticism from other Championship clubs.
Along with Sky Sports News has been told that a number of additional sides have voiced worries which Pride Park was overvalued from the purchase, permitting without breaching the EFL principles Derby to invest more.
Championship clubs are reviewing the P&S procedure, which will be drawing to a close to its previous financial year, and are discussing whether there ought to be some rule changes, following concerns were raised within Derby and other clubs selling their own stadiums to third-party companies and renting them back.
Middlesbrough have begun legal actions against Derby within the problem and Boro chairman Steve Gibson has whined to the EFL, stating he believes the purchase and also lease-back system contravenes the League’s principles on P&S – but his suggestion to change the rule before this season has been voted down from the other clubs.
Separate accusations are levelled at Derby that, when the scene is worth #80m, the football club has been under-charged in lease.
But Derby are adamant that the rent reflects the amount of usage the football club gets out of the arena, which amounts to an average of 30 days each year when they sponsor their home games.
Derby also remain adamant they have not broken any financial rules.
The Midlands club have also told Sky Sports News they consider the price of the independent review into their arena and others are going to be a six-figure amount and something all 24 Championship clubs will be expected to share, which has been met with concern from one other Championship club.

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