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Sheffield Wednesday - Into Administration (p44)
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No, that was for going into admin. The embargo was for failing to pay players, separate punishment.North Lower Neil said:
Isn't that why the points penalty was introduced?Stu_of_Kunming said:It will be an absolute joke if their embargo’s are lifted upon a sale, making it absolutely fine to cheat, as long as you sell the club.
For failing to provide proof of funds, we still paid players afaikswordfish said:
Weren't we under a transfer embargo that was lifted post ESI?Stu_of_Kunming said:It will be an absolute joke if their embargo’s are lifted upon a sale, making it absolutely fine to cheat, as long as you sell the club.1 -
That’s not quite right, there are three different issues attached to Wednesday.The points deduction is for going into admin.They effectively have 4 embargoes in place, each one means they cannot add to their playing staff costs, these are
- Regulation 16.21.8 - Future Financial Information
- P&S Rule 2.10.3 - Secure Funding
- Regulation 17.3 - HMRC Reporting
- Article 48.1 - Football Creditors
Once any new owner resolves these, they are lifted. Essentially it means they can sign players who are out of contract.They also have a fee restriction in place for the next three windows. That is the punishment for not paying players on time. They cannot pay transfers or loan fees until the 2027 summer window. That can be appealed - so there is potential wiggle room there although I’m not sure what grounds they would appeal on.0 -
They'd appeal on the grounds that they are new owners, can pay on time and shouldn't be restricted because of a previous owner's misdemeanors. They'll probably argue it isn't their fault, and bring in fair competition and how football should be a level playing field blah blah blahSomervilleAddick said:That’s not quite right, there are three different issues attached to Wednesday.The points deduction is for going into admin.They effectively have 4 embargoes in place, each one means they cannot add to their playing staff costs, these are- Regulation 16.21.8 - Future Financial Information
- P&S Rule 2.10.3 - Secure Funding
- Regulation 17.3 - HMRC Reporting
- Article 48.1 - Football Creditors
Once any new owner resolves these, they are lifted. Essentially it means they can sign players who are out of contract.They also have a fee restriction in place for the next three windows. That is the punishment for not paying players on time. They cannot pay transfers or loan fees until the 2027 summer window. That can be appealed - so there is potential wiggle room there although I’m not sure what grounds they would appeal on.2 -
Would be odd if there's no time limit on an appeal, you'd imagine that would have passed too. Of course it is the EFL we're talking about0
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Spot on and they will probably win any appeal.sam3110 said:
They'd appeal on the grounds that they are new owners, can pay on time and shouldn't be restricted because of a previous owner's misdemeanors. They'll probably argue it isn't their fault, and bring in fair competition and how football should be a level playing field blah blah blahSomervilleAddick said:That’s not quite right, there are three different issues attached to Wednesday.The points deduction is for going into admin.They effectively have 4 embargoes in place, each one means they cannot add to their playing staff costs, these are- Regulation 16.21.8 - Future Financial Information
- P&S Rule 2.10.3 - Secure Funding
- Regulation 17.3 - HMRC Reporting
- Article 48.1 - Football Creditors
Once any new owner resolves these, they are lifted. Essentially it means they can sign players who are out of contract.They also have a fee restriction in place for the next three windows. That is the punishment for not paying players on time. They cannot pay transfers or loan fees until the 2027 summer window. That can be appealed - so there is potential wiggle room there although I’m not sure what grounds they would appeal on.3 -
“We’re massive and you’re being beastly”.SomervilleAddick said:That’s not quite right, there are three different issues attached to Wednesday.The points deduction is for going into admin.They effectively have 4 embargoes in place, each one means they cannot add to their playing staff costs, these are- Regulation 16.21.8 - Future Financial Information
- P&S Rule 2.10.3 - Secure Funding
- Regulation 17.3 - HMRC Reporting
- Article 48.1 - Football Creditors
Once any new owner resolves these, they are lifted. Essentially it means they can sign players who are out of contract.They also have a fee restriction in place for the next three windows. That is the punishment for not paying players on time. They cannot pay transfers or loan fees until the 2027 summer window. That can be appealed - so there is potential wiggle room there although I’m not sure what grounds they would appeal on.1 -
Cheers for the clarificationSomervilleAddick said:That’s not quite right, there are three different issues attached to Wednesday.The points deduction is for going into admin.They effectively have 4 embargoes in place, each one means they cannot add to their playing staff costs, these are- Regulation 16.21.8 - Future Financial Information
- P&S Rule 2.10.3 - Secure Funding
- Regulation 17.3 - HMRC Reporting
- Article 48.1 - Football Creditors
Once any new owner resolves these, they are lifted. Essentially it means they can sign players who are out of contract.They also have a fee restriction in place for the next three windows. That is the punishment for not paying players on time. They cannot pay transfers or loan fees until the 2027 summer window. That can be appealed - so there is potential wiggle room there although I’m not sure what grounds they would appeal on.0 -
I don't see the fee restriction being lifted. At most it might be shortened, but certainly not in time for January.
You can build a decent team in L1 without transfer or loan fees anyway. Wednesday at that level, able to pay generous wages and signing on fees, will attract a number of decent out of contract players.0 -
As with anything to do with Sheff Wed they're probably get the embargoes lifted & be able to sign players in Jan. This will lead them to sign loads of players for loads of money. They will then go on an amazing 20 game unbeaten run and finish 4th bottom......leapfrogging us on the final day on GD and sending us down.
You read it here first.4 -
They are 17 points from safety and there are another 10 league games to come before January so that could easily be 25+.golfaddick said:As with anything to do with Sheff Wed they're probably get the embargoes lifted & be able to sign players in Jan. This will lead them to sign loads of players for loads of money. They will then go on an amazing 20 game unbeaten run and finish 4th bottom......leapfrogging us on the final day on GD and sending us down.
You read it here first.
So even if they did get embargoes lifted there's no point them throwing at money at things in January for what will be a lost cause, when they might as well just look towards building a side for promotion next season.
In any case whilst i do think the EFL will lift the embargoes, i'm not sure it will happen in January. I think they will compromise and say you can sign players but only in the summer.
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https://x.com/SkySportsNews/status/1993691266798735508?s=20
Sheffield Wednesday administrators have received an extraordinary enquiry from the owners of Sheffield United, asking about a possible deal to merge the rival clubs.It has been made clear that neither the EFL nor the new Football Regulator would allow such a merger to happen.9 -
Henry Irving said:https://x.com/SkySportsNews/status/1993691266798735508?s=20
Sheffield Wednesday administrators have received an extraordinary enquiry from the owners of Sheffield United, asking about a possible deal to merge the rival clubs.It has been made clear that neither the EFL nor the new Football Regulator would allow such a merger to happen.Very gracious of them to allow Wednesday to keep the first part of their name and they keep second part of theirs!We’re All Sheffield Aren’t We WASAW 😂0 -
Is it April 1st ?Henry Irving said:https://x.com/SkySportsNews/status/1993691266798735508?s=20
Sheffield Wednesday administrators have received an extraordinary enquiry from the owners of Sheffield United, asking about a possible deal to merge the rival clubs.It has been made clear that neither the EFL nor the new Football Regulator would allow such a merger to happen.2 -
How much shit must they be in if that is genuine…Henry Irving said:https://x.com/SkySportsNews/status/1993691266798735508?s=20
Sheffield Wednesday administrators have received an extraordinary enquiry from the owners of Sheffield United, asking about a possible deal to merge the rival clubs.It has been made clear that neither the EFL nor the new Football Regulator would allow such a merger to happen.0 -
Apparently Mike Ashley has offered £20m for the lot. I'm a bit unclear on how it works with bids and admin , is it usually highest bid wins or the most credible to the administrator?0
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They were hoping they could combine points totals so far this year and help themselves get out of trouble.Henry Irving said:https://x.com/SkySportsNews/status/1993691266798735508?s=20
Sheffield Wednesday administrators have received an extraordinary enquiry from the owners of Sheffield United, asking about a possible deal to merge the rival clubs.It has been made clear that neither the EFL nor the new Football Regulator would allow such a merger to happen.7 -
Has to be a spoof surely.1
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The American owners of Sheffield United acting like Americans.
Next thing you know an American owner will be planning to build a Disney type ground with chimneys.7 -
If that's a genuine enquiry then they probably would've had more success if they'd put a bid in to Chansiri two months ago, than going through the administrator.Henry Irving said:https://x.com/SkySportsNews/status/1993691266798735508?s=20
Sheffield Wednesday administrators have received an extraordinary enquiry from the owners of Sheffield United, asking about a possible deal to merge the rival clubs.It has been made clear that neither the EFL nor the new Football Regulator would allow such a merger to happen.1 -
Sacked a manager after a 92 point season and then tried to merge with Wednesday. Not sure I'd be overly keen on the owners if I was a Blades fanHenry Irving said:https://x.com/SkySportsNews/status/1993691266798735508?s=20
Sheffield Wednesday administrators have received an extraordinary enquiry from the owners of Sheffield United, asking about a possible deal to merge the rival clubs.It has been made clear that neither the EFL nor the new Football Regulator would allow such a merger to happen.3 -
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Football finance expert Stefan Borson recently revealed that there are as many as 11 bidders to buy Sheffield Wednesday.
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Also, I'll let you guess who (some talksport host), considered a bid for Sheffield Wednesday as part of a £50million consortium, it has been revealed.
However, the terms and conditions ultimately led to he withdrew his interest.0 -
I swear he does this with every club that's in trouble and then never actually gets anywhere.JustFloydRoad said:Also, I'll let you guess who (some talksport host), considered a bid for Sheffield Wednesday as part of a £50million consortium, it has been revealed.
However, the terms and conditions ultimately led to he withdrew his interest.0 -
Another points deduction incoming2
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Hartleypete said:Another points deduction incoming
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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.1 -
It only applies to little clubsAthletico Charlton said: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.
Big clubs get away with it.
That's how I see it anyway0 -
so they're toast in this division, leaves two spots...2
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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.Athletico Charlton said: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.1
