Championship side Derby County have confirmed the appointment of administrators and have been hit with a 12-point penalty as a result.

A statement from the Rams said that Andrew Hosking, Carl Jackson and Andrew Andronikou of business advisory firm Quantuma would serve as joint administrators.

The points penalty will send Wayne Rooney's side to the bottom of the table, with the team having taken 10 points from eight matches so far.

Derby confirmed the appointment of their administrators before the EFL published a statement confirming the immediate implication of the points deduction.

EFL Chief Executive Trevor Birch said: “I appreciate that this is a challenging and concerning period for everyone associated with the club, particularly the staff and supporters, and it is our intention to work proactively with the Administrators and all relevant parties with the objective of securing a long-term and viable future for Derby County.

“We will endeavour to provide timely and relevant updates as appropriate and as and when events unfold over the coming weeks.” 

A Notices of Intention to Appoint Administrators was made by Derby on Friday evening, before the appointment of joint-administrators was announced on Wednesday lunchtime.

In a statement, Hosking said: "I can confirm that Andrew Andronikou, Carl Jackson and I were appointed joint administrators of Derby County Football Club today.

"Covid-19 has had a significant impact on the finances of the club and its long-term ability to continue in its current form.

"We recognise that with the commencement of the 2021/22 season last month, this news will be of concern to stakeholders and fans, in addition to the city of Derby and the wider football community.

"We are in the early stages of assessing the options available to the club and would invite any interested parties to come forward.

"Our immediate objectives are to ensure the club completes all its fixtures in the Championship this season and finding interested parties to safeguard the club and its employees."

It comes in the same week as reports that fellow Championship side Reading also look set to be hit with a points deduction of up to nine points after breaching Profit and Sustainability Rules.