Derby County have released a statement confirming they intend to challenge the EFL's claim that the club have breached profitability and sustainability regulations.
The Rams were charged with posting excess losses during the three-year period ending June 2018 - with questions over the correct value of their £80m sale of Pride Park to owner Mel Morris - and they have since been referred to a disciplinary committee to determine whether they are in fact guilty.
The club took to their official website to insist that they are not prepared to simply accept the charges, insisting that the EFL have actually backtracked on themselves after initially confirming that their financial dealings were in order.
"The club will strongly contest the challenge to the valuation of Pride Park stadium, as well as the newly notified charge in respect of intangible fixed asset amortisation," the statement began.
"The Stadium was valued by professional valuers immediately prior to the transaction. The transaction and valuation were discussed extensively with the EFL Executive, which asked for a relatively modest price adjustment which was accepted.