Derby County have been knocked out of the championship after losing to Queens Park Rangers and a dramatic draw in Reading with Swansea.
Wayne Rooney's team received a 12-point discount at the start of the season after moving into administration. On November 16, they were given an additional nine points for violating the EFL Accounting Rules. This led to a 21-point cut, a deficit that eventually led to their resignation.
Without a cut, they will be 52 points and 17th in the championship. As the situation stands, they are with 23, 31 points. Reading, ranked 21st, have only three games left and a 10-point lead.
Favorite bidder Chris Kirchner tweeted after the game that he plans to avoid a 15-point cut in League One next season by paying unsecured lenders 35 pence per pound for the next three seasons.
Derby's fate was decided after a 1-0 defeat to Queens Park Rangers on Monday. The result came after a goal from Luke Amos in the 88th minute for the hosts.
That meant they had to rely on Reading defeat to stay on their feet, a result that seems to have been on the card with Reading 4-1 against Swansea. However, the late return, equalizing in the 96th minute by Tom McIntyre, confirmed Derby relegation.
The January and February results expected a great escape to survive, but the rise in the form of readings means that the derby is slowly floating away as spring begins.
He has been in the Derby Championship since being relegated from the Premier League in 2007-08.
They missed out on the play-off finals in 2014 under Steve McClaren and in 2019 under Frank Lampard, having dropped out of the top flight twice since then.
They have not played in the third division since 1985-86, but will start next season at that level.
"(I'm) proud," Rooney said after the match. It’s a weird feeling because that’s what we did as a group: the guys on the pitch, the staffers, the fans.
"It simply came to our notice then. Yeah Al that sounds pretty crap to me, Looks like BT aint for me either.
“I thought it was amazing, the support that the fans have given to the boys all season. Of course, frustrated, sad, upset. But proud. "
Kirchner tweeted: "This week we are moving forward in a number of ways: team planning and, more importantly, the business plan for us to get the final approval of OADT from the EFL.
"We had to adjust to our 35p commitments so we could start next year with 0 points and we also wanted to make sure we were planning the right split that we know now.
"It will go to the EFL on Friday and we expect a quick change in approval from them because they were very helpful in helping us stay in the position to close the deal.
At a higher level, our next steps in the process are: 1) EFL approval in the business plan 2) Resolving the stadium situation 3) Cascade lender approval 4) Completion of the acquisition. I will keep an update on each of these key milestones as they have been achieved. "
Monday's result means Barnsley and Peterborough, 24th and 22nd, respectively, could still avoid deportation, although the result is still unlikely for both clubs.