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Sheffield Wednesday - Into Administration (p44)

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  • clive
    clive Posts: 19,722

    Club statement


    By Sheffield Wednesday FC


    The EFL have issued the following statement on Monday afternoon and the club will make no further comment at this time.

    --

    “Following earlier media reports, the EFL can confirm that Sheffield Wednesday FC are to be deducted six points with immediate effect for multiple breaches of EFL Regulations relating to payment obligations, with Mr Dejphon Chansiri prohibited from being an owner or director of any EFL Club for a period of three years.

    “While matters remain ongoing in respect of the issues being considered by the independent Club Financial Reporting Unit, for alleged breaches in the 2025/26 season prior to the Club entering administration, the League can confirm that it is not seeking any further points deductions from the Club. A full statement will be issued once these matters have been formally concluded.

    “Separately, the EFL and Sheffield Wednesday remain in discussions regarding its appeal against the fee restriction, which is currently set to run until the end of the winter 2027 transfer window. This is likely to be resolved as part of the Club’s exit from administration

    “No further comment will be made at this time.”

    https://www.swfc.co.uk/news/2025/december/01/club-statement/

  • fenaddick
    fenaddick Posts: 12,573
    clive said:

    Club statement


    By Sheffield Wednesday FC


    The EFL have issued the following statement on Monday afternoon and the club will make no further comment at this time.

    --

    “Following earlier media reports, the EFL can confirm that Sheffield Wednesday FC are to be deducted six points with immediate effect for multiple breaches of EFL Regulations relating to payment obligations, with Mr Dejphon Chansiri prohibited from being an owner or director of any EFL Club for a period of three years.

    “While matters remain ongoing in respect of the issues being considered by the independent Club Financial Reporting Unit, for alleged breaches in the 2025/26 season prior to the Club entering administration, the League can confirm that it is not seeking any further points deductions from the Club. A full statement will be issued once these matters have been formally concluded.

    “Separately, the EFL and Sheffield Wednesday remain in discussions regarding its appeal against the fee restriction, which is currently set to run until the end of the winter 2027 transfer window. This is likely to be resolved as part of the Club’s exit from administration

    “No further comment will be made at this time.”

    https://www.swfc.co.uk/news/2025/december/01/club-statement/

    And there you have it
  • ElfsborgAddick
    ElfsborgAddick Posts: 29,372
    27 from safety.

    Do the deductions roll to next season if they would have gone down without them anyway or does that only happen it they are applied late in a season.
    Rolling over of deductions only applies late in the season. At this stage it just reduces their chance of staying up from near-zero to very-near-zero.

    Wednesday will not be losing any sleep over this deduction, they will know they were doomed before anyway.
  • J BLOCK
    J BLOCK Posts: 8,345
    fenaddick said:
    clive said:

    Club statement


    By Sheffield Wednesday FC


    The EFL have issued the following statement on Monday afternoon and the club will make no further comment at this time.

    --

    “Following earlier media reports, the EFL can confirm that Sheffield Wednesday FC are to be deducted six points with immediate effect for multiple breaches of EFL Regulations relating to payment obligations, with Mr Dejphon Chansiri prohibited from being an owner or director of any EFL Club for a period of three years.

    “While matters remain ongoing in respect of the issues being considered by the independent Club Financial Reporting Unit, for alleged breaches in the 2025/26 season prior to the Club entering administration, the League can confirm that it is not seeking any further points deductions from the Club. A full statement will be issued once these matters have been formally concluded.

    “Separately, the EFL and Sheffield Wednesday remain in discussions regarding its appeal against the fee restriction, which is currently set to run until the end of the winter 2027 transfer window. This is likely to be resolved as part of the Club’s exit from administration

    “No further comment will be made at this time.”

    https://www.swfc.co.uk/news/2025/december/01/club-statement/

    And there you have it
    Absolute farce 
  • moutuakilla
    moutuakilla Posts: 7,603
    And what about Leicester 
  • Briston_Addick
    Briston_Addick Posts: 11,969
    One can't help feeling that the six-point deduction for late payment of players and staff wouldn't have happened if Chef Wendy hadn't already gone into administration and thus copped a 12-point penalty.

    The Football League would have deliberated and stalled and waited until:

    - Wendy was completely safe and could afford losing six points this season;
    - Wendy was definitely going down so could apply the penalty this season leaving them with a clean start next season; or
    - if survival went down to the wire and the six points would send them down, "make a decision" so late in the day that it couldn't possibly be applied retrospectively to this season and therefore carry it over to next year.

    Cynical, moi?
  • Garrymanilow
    Garrymanilow Posts: 13,374
    Just need to make up some charges for Pompey and Oxford now and we're home
  • fenaddick
    fenaddick Posts: 12,573
    Just need to make up some charges for Pompey and Oxford now and we're home
    Surely having a 3 sided ground should incur a deduction of some kind, would get Wrexham too 
  • fenaddick said:
    Just need to make up some charges for Pompey and Oxford now and we're home
    Surely having a 3 sided ground should incur a deduction of some kind, would get Wrexham too 
    Good idea... Cant have Portsmouth relegated, when we need the guaranteed points at Fratton Park each year. 
  • Briston_Addick
    Briston_Addick Posts: 11,969
    fenaddick said:
    Just need to make up some charges for Pompey and Oxford now and we're home
    Surely having a 3 sided ground should incur a deduction of some kind, would get Wrexham too 
    Then hit Wrexham with a "foreigners" tax of, say, 12 points and we should be OK.

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  • sam3110
    sam3110 Posts: 21,522
    Expect them to drop, get the reprieve from the ban on transfer fees, then have their new owner and a full stadium roaring on a squad of players way better paid than the rest of League 1 a la Birmingham, and act like nothing ever happened
  • Club statement today saying that the transfer embargo will be lifted in January so new owners can invest in players.  EFL are gutless!
  • fenaddick
    fenaddick Posts: 12,573
    Club statement today saying that the transfer embargo will be lifted in January so new owners can invest in players.  EFL are gutless!
    No Sheff Wednesday statement today. Embargo was always going to be lifted anyway, that’s part of the deal when the owner moves on (or gets moved on). The fee restriction is what matters, I’m sure they’ll wriggle out of it though 
  • fenaddick
    fenaddick Posts: 12,573
    Thats mainly just a report on the EFL statement. Bit of speculation about the fee restriction is new but I doubt a new owner will be in much before the end of January anyway 
  • golfaddick
    golfaddick Posts: 34,170
    Hate to say it but I think lifting the fee restriction is probably the right decision, as long as there is some sort of wage cap - ie, they cant sign Ronaldo & pay him £1m a week.

    It doesn't matter who they sign they wont stay up this season and also what players will want to go there knowing that they will be in League 1 next season. 
  • Agreed but as it says they will now be able to buy in the summer window to escape from L1.  The original fee embargo went through the summer window which would have made it far more difficult  to escape L1 in one season. Will now be like Birmingham and Wrexham all over again......
  • Hate to say it but I think lifting the fee restriction is probably the right decision, as long as there is some sort of wage cap - ie, they cant sign Ronaldo & pay him £1m a week.

    It doesn't matter who they sign they wont stay up this season and also what players will want to go there knowing that they will be in League 1 next season. 
    Why? The fee restriction is a punishment for breaking the rules, so what has changed to make lifting it the right decision? 
  • Covered End
    Covered End Posts: 52,184
    Hate to say it but I think lifting the fee restriction is probably the right decision, as long as there is some sort of wage cap - ie, they cant sign Ronaldo & pay him £1m a week.

    It doesn't matter who they sign they wont stay up this season and also what players will want to go there knowing that they will be in League 1 next season. 
    Why? The fee restriction is a punishment for breaking the rules, so what has changed to make lifting it the right decision? 
    Restriction lifted if they have a new owner.
    Seems fair enough to me.
  • Hate to say it but I think lifting the fee restriction is probably the right decision, as long as there is some sort of wage cap - ie, they cant sign Ronaldo & pay him £1m a week.

    It doesn't matter who they sign they wont stay up this season and also what players will want to go there knowing that they will be in League 1 next season. 
    Why? The fee restriction is a punishment for breaking the rules, so what has changed to make lifting it the right decision? 
    Restriction lifted if they have a new owner.
    Seems fair enough to me.
    So this must surely set a precedent for all future EFL administration 'PUNISHMENTS'? What is the point of the punishment in the first place if it can just be rescinded because its Chef Wendy. 

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  • As someone who generally bets on a pre season accumulator I love it when teams like Wednesday go down having just been bought. 

    Likely to be something 1/3 for top 6, 1/2 for promotion and 3/1 to win L1 next season is my guess.  Like printing money including them in an accy.

  • Hate to say it but I think lifting the fee restriction is probably the right decision, as long as there is some sort of wage cap - ie, they cant sign Ronaldo & pay him £1m a week.

    It doesn't matter who they sign they wont stay up this season and also what players will want to go there knowing that they will be in League 1 next season. 
    Why? The fee restriction is a punishment for breaking the rules, so what has changed to make lifting it the right decision? 
    Restriction lifted if they have a new owner.
    Seems fair enough to me.
    Really? You can break the rules and then have all your punishments wiped away if you get a new owner? 
  • Hate to say it but I think lifting the fee restriction is probably the right decision, as long as there is some sort of wage cap - ie, they cant sign Ronaldo & pay him £1m a week.

    It doesn't matter who they sign they wont stay up this season and also what players will want to go there knowing that they will be in League 1 next season. 
    Why? The fee restriction is a punishment for breaking the rules, so what has changed to make lifting it the right decision? 
    Well the new owner (whoever he is) didn't break any rules so it's not exactly fair to keep restrictions in place. Personally I would class certain relegation as punishment enough.

    One thing i would say though is that i do feel the punishments should still apply for the full season in which they were given, so i think it's silly if they're lifted immediately in January.
  • Hate to say it but I think lifting the fee restriction is probably the right decision, as long as there is some sort of wage cap - ie, they cant sign Ronaldo & pay him £1m a week.

    It doesn't matter who they sign they wont stay up this season and also what players will want to go there knowing that they will be in League 1 next season. 
    Why? The fee restriction is a punishment for breaking the rules, so what has changed to make lifting it the right decision? 
    Well the new owner (whoever he is) didn't break any rules so it's not exactly fair to keep restrictions in place. Personally I would class certain relegation as punishment enough.

    One thing i would say though is that i do feel the punishments should still apply for the full season in which they were given, so i think it's silly if they're lifted immediately in January.
    There has to be incentives to encourage new owners to step forward and pump money into clubs to prop up the inter-dependent football financial pyramid, of which Charlton is fully integrated into, otherwise sooner or later one of those domino clubs will take down a lot of others with it. The points deduction is sufficient.
  • fenaddick
    fenaddick Posts: 12,573
    I think I’m ok with the fee restriction being lifted because of the admin. If it was Chansiri straight to a new owner then I’d want it to stay in place. Might sound a bit odd but the fee restriction lowers the value of the club to a buyer which is an extra punishment to the bad owner
  • ElfsborgAddick
    ElfsborgAddick Posts: 29,372
    As someone who generally bets on a pre season accumulator I love it when teams like Wednesday go down having just been bought. 

    Likely to be something 1/3 for top 6, 1/2 for promotion and 3/1 to win L1 next season is my guess.  Like printing money including them in an accy.


    I make you right there, it may be worth a few quid on them winning the title if the odds are attractive enough.
    Wednesday can use the rest of the season to prepare for next with no stress on the results as they are down already.