6 point deduction - confirmed

[VLC86]

Is anyone still thinking we would easily find a buyer?

[David Hankey]

In reality 6 points wouldn't have bothered us if we hadn't been so carefree in dropping so many earlier in the season.

[fox_favourite]

28 minutes ago, David Hankey said:

In reality 6 points wouldn't have bothered us if we hadn't been so carefree in dropping so many earlier in the season.

You mean crap?

[The_77]

37 minutes ago, VLC86 said:

Is anyone still thinking we would easily find a buyer?

That post shows there are multiple parties willing to buy Wednesday. 

[Pita]

42 minutes ago, VLC86 said:

Is anyone still thinking we would easily find a buyer?

Good for them not paying he ran the club into the ground. Got to feel for the supporters 

[kenny]

53 minutes ago, VLC86 said:

Is anyone still thinking we would easily find a buyer?

That's the spirit EFL. Screw them proper the cheating gits.

 

That will teach the fans for supporting a club buying it's way to success.

[VLC86]

3 hours ago, The_77 said:

That post shows there are multiple parties willing to buy Wednesday. 

You aren’t buying a club if you are refusing to pay money for a club are you? Or have I misunderstood?

[The_77]

5 hours ago, VLC86 said:

You aren’t buying a club if you are refusing to pay money for a club are you? Or have I misunderstood?

The sale of the club will proceed with one of the preferred buyers. The EFL will impose a 15-point penalty next season because the active bidders don’t want to pay Chansiri 25% of the amount he loaned the club that wasn’t converted into share capital (on top of what those bidders are prepared to spend to purchase the club). 
 

 

[Sly]

We have heard nothing further on both ours and the Premier Leagues appear into our 6 point deduction. 
 

That could still be massive at the end of the season.

 

The cynical side of me wonders if they are half hoping we get into a position where they can show they’ve increase it, however we are slightly higher up the table, therefore it doesn’t impact us. 

[Gazza3]

One of our promotion rivals losing 15 points next season . No excuse not to promote now

[Death by Football]

3 hours ago, The_77 said:

The sale of the club will proceed with one of the preferred buyers. The EFL will impose a 15-point penalty next season because the active bidders don’t want to pay Chansiri 25% of the amount he loaned the club that wasn’t converted into share capital (on top of what those bidders are prepared to spend to purchase the club). 
 

 

That seems wrong to me. The sale of the club and the details of what the seller is willing to accept shouldn’t really be any of the EFL’s business. As long as the buyers pass any fit and proper testing it’s between the two parties negotiating. If Chansiri ends up out of pocket then f*** him. If it were unpaid staff/tax etc that would be different. 

[The_77]

9 hours ago, Death by Football said:

That seems wrong to me. The sale of the club and the details of what the seller is willing to accept shouldn’t really be any of the EFL’s business. As long as the buyers pass any fit and proper testing it’s between the two parties negotiating. If Chansiri ends up out of pocket then f*** him. If it were unpaid staff/tax etc that would be different. 

Good point, I don’t know what the rules are regarding staff or contractors that are doing business with clubs going through this process. 
 

Those suggesting we couldn’t find a buyer may be misguided, especially when we see that Wednesday will soon change hands, even after Chansiri’s absurd management of the club. 

[Foxin_Mad]

21 hours ago, kenny said:

That's the spirit EFL. Screw them proper the cheating gits.

 

That will teach the fans for supporting a club buying it's way to success.

Meanwhile in other news London media darlings West Ham cheat by getting a loan from a company that doesn't exist. They are going after the wrong teams, deliberately it seems. 

[SemperEadem]

Wednesday getting further ****ed with the wage cap next season.

[CosbehFox]

One of the reasons they won't pay Chansiri anything is because a significant amount needs spending on the stadium as well. 

[Finnegan]

https://www.bbc.co.uk/sport/football/articles/c0lj5n6gl9ro

 

This shit is just absolutely disgusting tbh. 

 

At this point to continue to punish the club instead of the owners is disgusting. 

 

Football needs a better way of holding billionaires accountable instead of the organisation. 

 

[Sly]

The rules are just wrong.

 

Kicking someone when they’re down is a deplorable action by the EFL.  

[Pita]

12 hours ago, Sly said:

We have heard nothing further on both ours and the Premier Leagues appear into our 6 point deduction. 
 

That could still be massive at the end of the season.

 

The cynical side of me wonders if they are half hoping we get into a position where they can show they’ve increase it, however we are slightly higher up the table, therefore it doesn’t impact us. 

Man City is the one I want to see.  2 points for being naughty 

[Wymsey]

2 hours ago, Finnegan said:

https://www.bbc.co.uk/sport/football/articles/c0lj5n6gl9ro

 

This shit is just absolutely disgusting tbh. 

 

At this point to continue to punish the club instead of the owners is disgusting. 

 

Football needs a better way of holding billionaires accountable instead of the organisation. 

 

I agree.

 

But, regarding this part, how can they - especially if the organisation is not corrupt-free themselves?

Edited 11 March by Wymsey

[LCFCJohn]

Why don’t the EFL pay Chansiri his £15 million if they’re that bothered! It’s their fault for letting people like him own clubs in the first place so god forbid they take any responsibility. 
 

Oh no let’s just continue to punish the clubs and fans further whilst pretending they actually care about the clubs rather than the reality which is they don’t give a f*** if a historic club like Sheffield Wednesday go under!

[coolhandfox]

3 hours ago, Finnegan said:

https://www.bbc.co.uk/sport/football/articles/c0lj5n6gl9ro

 

This shit is just absolutely disgusting tbh. 

 

At this point to continue to punish the club instead of the owners is disgusting. 

 

Football needs a better way of holding billionaires accountable instead of the organisation. 

 

Anyone buying a club should have to put a % of money into a bond, the bond is returned if they decide to sell.

 

The bond doesn't get returned if they are found to be unfit to run the club and is used to support the club until a new buyer is found. 

 

Edited 11 March by coolhandfox

[Lambert09]

13 hours ago, Sly said:

We have heard nothing further on both ours and the Premier Leagues appear into our 6 point deduction. 
 

That could still be massive at the end of the season.

 

The cynical side of me wonders if they are half hoping we get into a position where they can show they’ve increase it, however we are slightly higher up the table, therefore it doesn’t impact us. 

Why is that cynical? That sounds very positive. Too positive for this forum, be gone with you 

[Corky]

Another of those rules that probably has decent intentions but catches the wrong club.

[Sly]

6 hours ago, Corky said:

Another of those rules that probably has decent intentions but catches the wrong club.

The right rule would be a UEFA wide salary cap for all leagues. It sort of levels the playing field as well.
 

The Premier League greedy six are never going to agree to it being introduced though. Football isn’t played on a level playing field. 

 

If you consider the team that finishes bottom of the Premier League still gets you around £100m in TV revenue alone. Barca / Madrid only get £150m, Bayern £80m, PSG - £60m from domestic TV rights. Champions League inflates that massively obviously and that’s why they’ll never agree to it. Similar to the reasons they’d never let Celtic / Rangers join the EPL. 

I do like the idea of a bond that others have mentioned before. 

[Trav Le Bleu]

23 hours ago, Death by Football said:

That seems wrong to me. The sale of the club and the details of what the seller is willing to accept shouldn’t really be any of the EFL’s business. As long as the buyers pass any fit and proper testing it’s between the two parties negotiating. If Chansiri ends up out of pocket then f*** him. If it were unpaid staff/tax etc that would be different. 

Agreed. I find the whole thing bizarre. PSR is supposed to protect clubs from bad owners and here the EFL want to punish the club if the bad owner doesn't get rewarded,

 

Who's more corrupt?