Chesterfield hit by FA fine for breach of financial rules

Chesterfield have been fined by the FA for a breach of financial regulations.
Rochdale vs Chesterfield - Jake Orrel has a shot blocked - Pic By James WilliamsonRochdale vs Chesterfield - Jake Orrel has a shot blocked - Pic By James Williamson
Rochdale vs Chesterfield - Jake Orrel has a shot blocked - Pic By James Williamson

The Spireites received a £12,500 fine after a hearing in London last week, over payments made to two former players.

The FA punishment comes two years after the game’s authorities were made aware of the allegations.

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Myles Wright and Jake Orrell, who have both since left the club, had their wages paid by a private football academy linked to Chesterfield FC.

Those payments were in breach of FA rule C1.

All payments to players must be recorded in a club’s accounts.

CFC Football Development School Ltd was owned by Chesterfield’s former CEO Chris Turner and an ex non-league footballer Liam Sutcliffe.

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Turner resigned as a director of the academy before it eventually went into liquidation owing almost £250,000.

Liquidators are still believed to be chasing Chesterfield FC for a significant amount of money allegedly owed to the venture by the club.