English autumn has announced its arrival, in the Wednesday part of Sheffield it is extra windy. Clubs that do not stay within the rules for profitable and sustainable club operations are punished. In the case of Sheffield Wednesday, the situation is so much worse.
On Friday, the EFL, the English Football Association, confirmed that they have received an official message from Sheffield Wednesday owner Dejphon Chansiri that the club has filed for bankruptcy and has been placed in administration. This means that the club now has the opportunity to work towards a sale and can get new ownership, but 12 points are automatically deducted from the table account with immediate effect. According to The Guardian, there is more to come.
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With minus 6 points on the Championship table, the Owls are isolated in last place. The financial problems have been particularly evident in the fact that players’ salaries have repeatedly been paid late. The club has not paid wages on time for five of the last seven months. This is a violation of the EFL’s rules, and according to the English newspaper, it could mean that the club could be hit with two extra points penalties.
An independent commission must now determine the punishment for the non-payment of wages in March and May, while the club is also expected to be charged with further violations in June, July and September. It is these charges that could potentially be commuted to further punishments.
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If these cases lead to new sanctions, the extra points penalties are expected to be implemented as early as this season, reports the English newspaper.
