If found guilty, the potential punishment – which will be doled out by the independent commission - ranges from a points deduction to a transfer embargo or fine. Sheffield Wednesday have been deducted 12 points by an independent disciplinary panel for the 2020-21 season for breaking spending rules. On this basis, the target for survival would be 50 points, meaning Wednesday would have to earn just one more point, plus the sum of their points deduction – whatever that may be. The club will await the written reasons for the sanction and upon receipt will digest and consider the full detail with its legal advisers before making any further comment.”Sheffield Wednesday are ‘extremely disappointed’ with the 12-point deduction but welcomed the decision for it not to be imposed this season.Sheffield Wednesday are ‘extremely disappointed’ with the 12-point deduction but welcomed the decision for it not to be imposed this season. You can unsubscribe at any time. … It would also have rescued Charlton Athletic from an immediate return to League One. We'll also have the latest features, nostalgia and opinion as we bring you the best coverage around of the Owls. With Wednesday and Wigan both in danger of relegation, despite being sat in mid-table, if they receive a points deduction, the EFL have attempted to clarify the situation. "We fail to understand why the deduction will take place next season rather than the current season, which seems to be irrational, and are writing to the EFL to get an explanation of the justification," the London club said in a statement.The decision to deduct points next season for an historical breach of profitability and sustainability rules was reached by the independent panel, whereas Wigan's point deduction was triggered by league rules relating to insolvency events.Wednesday, who "welcome the decision that the commission cleared" them of "acting in bad faith", said they will await written reasons from the disciplinary panel before considering any appeal.It took eight months and 17 days for Sheffield Wednesday to learn of their punishment, having initially been charged with misconduct in November 2019.The independent disciplinary commission did not conduct their "full hearing" until June, by which time the season was still going after a three-month hiatus brought about by the coronavirus pandemic.Earlier in July, Sheffield Wednesday boss Garry Monk said "it makes no sense" that they were still waiting on a verdict.News of the 12-point penalty came nine days after the extended regular season finished.The sale of Hillsborough Stadium for £60m and decision to include it in the financial year covering the 2017-18 campaign ensured Wednesday posted a pre-tax profit of £2.5m.Without it, they would have reported a pre-tax loss of £35.4m and that would have followed on from deficits of £9.8m and £20.8m in the previous two seasons.Under the EFL's profitability and sustainability rules (previously known as financial fair play), Championship clubs are only allowed to lose £39m over a three-year period.To avoid a points penalty, such as the one they have now been hit with, a significant sum of money needed to be made.Wednesday are the first club to be punished for including the sale of their ground in their accounts, however, they were not the first to arouse suspicion for doing so as Derby County, Aston Villa and Reading have all been scrutinised for similar transactions.Wednesday's charge related specifically to "how and when" the sale of Hillsborough took place, rather than the sale of the stadium itself.England captain Heather Knight looks ahead to the West Indies series and the Rachael Heyhoe Flint Trophy, and reflects on 'bubble life’ and the postponed Women's World Cup.Get latest scores and headlines sent straight to your phone, sign-up to our newsletter and learn where to find us on online.The latest rumours and stories from around the world of football.Analysis and opinion from our chief football writer.How to get into football - the most popular sport in the world, with clubs and facilities throughout the UK.Hilarious football comedy from the writers of The InbetweenersHow to get involved in just about any sport or activity If found guilty, the potential punishment – which will be doled out by the independent commission - ranges from a points deduction to a transfer embargo or fine.
If found guilty, the potential punishment – which will be doled out by the independent commission - ranges from a points deduction to a transfer embargo or fine. Sheffield Wednesday have been deducted 12 points by an independent disciplinary panel for the 2020-21 season for breaking spending rules. On this basis, the target for survival would be 50 points, meaning Wednesday would have to earn just one more point, plus the sum of their points deduction – whatever that may be. The club will await the written reasons for the sanction and upon receipt will digest and consider the full detail with its legal advisers before making any further comment.”Sheffield Wednesday are ‘extremely disappointed’ with the 12-point deduction but welcomed the decision for it not to be imposed this season.Sheffield Wednesday are ‘extremely disappointed’ with the 12-point deduction but welcomed the decision for it not to be imposed this season. You can unsubscribe at any time. … It would also have rescued Charlton Athletic from an immediate return to League One. We'll also have the latest features, nostalgia and opinion as we bring you the best coverage around of the Owls. With Wednesday and Wigan both in danger of relegation, despite being sat in mid-table, if they receive a points deduction, the EFL have attempted to clarify the situation. "We fail to understand why the deduction will take place next season rather than the current season, which seems to be irrational, and are writing to the EFL to get an explanation of the justification," the London club said in a statement.The decision to deduct points next season for an historical breach of profitability and sustainability rules was reached by the independent panel, whereas Wigan's point deduction was triggered by league rules relating to insolvency events.Wednesday, who "welcome the decision that the commission cleared" them of "acting in bad faith", said they will await written reasons from the disciplinary panel before considering any appeal.It took eight months and 17 days for Sheffield Wednesday to learn of their punishment, having initially been charged with misconduct in November 2019.The independent disciplinary commission did not conduct their "full hearing" until June, by which time the season was still going after a three-month hiatus brought about by the coronavirus pandemic.Earlier in July, Sheffield Wednesday boss Garry Monk said "it makes no sense" that they were still waiting on a verdict.News of the 12-point penalty came nine days after the extended regular season finished.The sale of Hillsborough Stadium for £60m and decision to include it in the financial year covering the 2017-18 campaign ensured Wednesday posted a pre-tax profit of £2.5m.Without it, they would have reported a pre-tax loss of £35.4m and that would have followed on from deficits of £9.8m and £20.8m in the previous two seasons.Under the EFL's profitability and sustainability rules (previously known as financial fair play), Championship clubs are only allowed to lose £39m over a three-year period.To avoid a points penalty, such as the one they have now been hit with, a significant sum of money needed to be made.Wednesday are the first club to be punished for including the sale of their ground in their accounts, however, they were not the first to arouse suspicion for doing so as Derby County, Aston Villa and Reading have all been scrutinised for similar transactions.Wednesday's charge related specifically to "how and when" the sale of Hillsborough took place, rather than the sale of the stadium itself.England captain Heather Knight looks ahead to the West Indies series and the Rachael Heyhoe Flint Trophy, and reflects on 'bubble life’ and the postponed Women's World Cup.Get latest scores and headlines sent straight to your phone, sign-up to our newsletter and learn where to find us on online.The latest rumours and stories from around the world of football.Analysis and opinion from our chief football writer.How to get into football - the most popular sport in the world, with clubs and facilities throughout the UK.Hilarious football comedy from the writers of The InbetweenersHow to get involved in just about any sport or activity If found guilty, the potential punishment – which will be doled out by the independent commission - ranges from a points deduction to a transfer embargo or fine.