Its actually a good bit different. You see the old Derry City were actually expelled from the League Of Ireland, not demoted. A new club was formed, and were not allowed compete in competitions the old Derry City competed in (the Setanta Cup being the 1 that remained). Liverpool will still be allowed compete in their competitions, because it isn't a new club, just a different holding company. Derry on the other hand had to set up a new club, with a new holding company.
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