Chesterfield fined by FA for financial irregularities
Monday 23 July 2018 12:42, UK
Chesterfield have been fined £12,500 by the FA after admitting a misconduct charge relating to financial irregularities.
The club breached FA Rule C1 by allowing an external organisation, the CFC Football Development School Ltd, to pay the wages of two former players, Jake Orrell and Myles Wright, and not recording the payments on its accounting records.
The development school was owned by Chesterfield's former chief executive Chris Turner and an ex-non-league footballer Liam Sutcliffe.
In July last year Chesterfield company secretary Ashley Carson revealed that the EFL and FA were investigating payments made to Orrell and Wright.
The club were relegated to the National League last season after finishing bottom of League Two.
It means Chesterfield have suffered back-to-back relegations and brought an end the club's 97-year stay in the Football League, having last played outside of the top four divisions in 1921.
