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About sheffsteel

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    Sheffield Wednesday Reserves

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  1. It’s also like saying the car manufacturers are corrupt. Why give cars top speeds of 130 mph when the legal speed limit is 70 mph. So instead of paying your speeding fine you blame the car manufacturers for making you do over 100mph on the motorway. It does seem perverse though that there’s such a big market and desire for fast cars...if they legally can’t be used on roads.
  2. Agree....the original PL2 plan was very radical and controversial. It was the create a financial safety net for clubs relegated from PL1 because the gap between PL1 and PL2 wouldn’t be as big, However the plan was for there to be no relegation from PL2 and to kill off the EFL. So clubs invited into PL2 wasn’t based on merit....it was based on club size, prestige to make PL1 and PL2 appear more attractive. Under the PL2 format Sunderland’s situation would never happen....they would just stay in PL2. So of course, based on size and reputation SWFC would be invited into a new PL2 league. However as I said....it would be sad for the rest of the EFL clubs they would go part time and gradually become like typical non league sides.
  3. How can the EFL ban parachute payments? That’s like the PL wanting a £5K wage cap in league 2. The driver behind FFP isn’t about having clubs on a level playing field....there’s never been a level playing...historically bigger clubs have always had an advantage. The whole point of FFP is to prevent clubs over spending building up massive debt then going into admin. Before FFP several clubs would go into admin every year......after FFP (P&S) clubs going into admin has become rare. The only power the EFL have is to refuse entry for PL who receive parachute payments. However due to players not accepting major relegation clauses....this would create a problem if relegated PL clubs go into financial meltdown down. You’d have a bizarre situation when some clubs wouldn’t want to be promoted to the PL as it would ruin their clubs.
  4. Don’t think some people understand that a PL2 must be voted in and agreed by the PL and it’s member clubs....it’s not an EFL decision. So Championship clubs would need to do a report/ presentation explaining how the PL benefit (usually financially) from restructuring into have a PL1 and a PL2. Phil Gartside, the old Bolton Chairman saw how some PL clubs were struggling so much financially (almost going bust) upon relegation due to being contractually obliged to continue paying PL salaries even whilst in the Championship......Gartside wanted to financially protect relegated PL clubs...hence his idea of PL2. It meant a bigger dilution of the PL Sky pot to be shared out amongst PL2 clubs....so all the top half PL clubs were against it. However an alternative to address the benefits of PL2 was “parachute payments”, which was voted in agreed by the PL clubs. It means the quality remains high with competitive clubs at the bottom end of the PL, making it stronger and more attractive. A solution would be relegation clauses in players contracts but that would mean promoted clubs won’t be able to compete as no decent players would join them in their first year....fearing an instant pay decrease upon relegation. All the relegation favourites would struggle to compete.. it would become so predictable where all 3 promoted teams would be relegated the following year. Another point is a league couldn’t be created called PL2...without the express permission of the PL and it’s clubs, The horse has already bolted...there’s now a 2 tier system with both the PL and the EFL only interested in their own clubs. The only time the PL2 will become viable is when the current PL is financially struggling and losing its sparkle....so the PL wish to re structure inviting Celtic/ Rangers and big clubs in the lower leagues but that’s a long way off yet and would spell the death of the EFL.
  5. At first glance...it seems natural to think SWFC guilty as charged....take it on the chin and apply the deduction this season. However if SW do appeal....then it seems weird that the timing of BCFC punishment effectively meant ZERO punishment. The timing is key and open to manipulation....but doesn’t seem right where 2 clubs commit similar misdoings...one has a 12 point deduction from the start of a new season whereas the other (Birmingham) escapes any effective punishment .
  6. Agree...there’s a big gap in standard between the PL and Championship. Most promoted clubs automatically become big favourites for relegation so they would normally struggle to attract decent players. So it’s in the PL interest to have a highly competitive league where every single club has quality players but those players will have high salaries. It was recognised that relegated clubs could go into financial meltdown....so the PL2 was muted as a solution. This would solve the financial issue for relegated clubs but it would mean the Sky billions are shared out amongst 44 clubs instead of 20. An alternative solution to the benefits of PL2 was the parachute payment system. The Authorities would say it’s been a success because no relegated clubs have gone into admin. If there was no parachute payments then almost every promoted club would immediately be relegated....it would be a joke with no competition. Not sure what the answer is.....it’s an unfair system but football has always been unfair. Theres never been an equal playing field....clubs like Barnsley, Luton and Wycombe based on finances have little chance to compete next season...they just try their best. The real problem is that the FA, PL, EFL are all separate entities so each organisation just protect their own interests.
  7. Agree.....I think the main driver of FFP is to act as a deterrent....not to be a punishment. Some people say SW are guilty of cheating...however it was more an admin error. If the idea to sell the ground to himself had been done 12 years earlier....then the loophole suggests this action would be OK. The timing of s punishment is massively important....natural justice says promotions/ relegations should be decided on the pitch...not in the courts, So all punishments should be pre-season so everyone knows where they stand and the punished club have a chance. The delay and timing of the Birmingham City punishment....meant that effectively BCFC received no punishment. I’ve no doubts that if SW had finished 15 points clear of relegation or we in mid table safety then the 12 point deduction would have been applied this season. There needs to be more transparency regards the rules and cut off dates.
  8. Good post Ricky. Parachute payments were voted in and agreed by the majority of Premier League clubs. The reason is because logic suggests it makes the PL a better product and more attractive to watch when promoted clubs show a level of ambition improving their squad. Basically they don’t want promoted teams doing a Norwich...hardly spending so becoming embarrassing whipping boys. Some give the excellent point that the answer is relegation clauses in players contracts so the clubs don’t need to rely on parachute payments. However that still has problems because it means newly promoted teams would struggle to attract decent players with ambition. No doubt their agents will be advising the player NOT to sign because there’s a high chance that team would be relegated so the player is back to square one and hasn’t advanced their career receiving a big drop in salary once relegated. FFP or P & S isn’t really about fairness or a level playing field. The motivation is to protect clubs from financial meltdowns down doing a Portsmouth or Bolton.whee they build up massive debt owing their owners 200 million. To be fair since FFP there’s hardly been any clubs going into admin...so it’s achieved what it intended. The new problem is the growing financial gap between the PL and Championship and I’m not sure what the answer is. The problem was the PL separated from the EFL...so instead of working together...both bodies only have self interest.
  9. Mel Morris (the Derby Chairman) is quite a regular guest on Talksport. A few months ago they specifically asked him about accusations that their ground was sold to himself at an inflated value. His response was calm, confident and considered. He explained that a company buying the ground might seem unethical but it’s currently not against the EFL rules. He suggested that if the EFL feel it’s wrong then they need to change their rules. Regards the valuation he explained that it’s not only a valuation of the bricks and mortar but also a valuation of how it can be used as a business. He explained that the DC stadium is very modern and is able to regularly hold concerts, exhibitions, weddings, banqueting etc etc therefore the potential to derive substantial income logically increases the value of an asset.
  10. I’ve never pretended to be a Wednesday fan. Think it’s because I’m respectful and don’t hate Wednesday due to family ties and being too long in the tooth for hatred. I’m always interested in football in Sheffield. The success or non success does have a knock on effect regards United. Agree that SWFC haven’t done anything illegal, it’s all within the accounting rules....but the EFL are investigating their own rules. I think giving SW a points deduction this season resulting in relegation would be so controversial and unprecedented that it’s highly unlikely. The longer the delay the more unlikely there will be a punishment effecting this season.
  11. I suppose it depends on the detail in the email. SWFC: Can we sell the stadium at market value to another company owned by the Chairman and put it in the accounts? EFL: Yes, it’s not against the current rules. .........weeks later the accounts are accepted by the EFL on good faith and agreed. ..............weeks after that the EFL scrutinise the accounts and find details that are concerning, 1: The sale of the stadium appears to be backdated and submitted into the incorrect accounting year. 2: No actual monies have been transferred into the SWFC back account....as though the sale still hasn’t happened. 2: The value for the stadium seems higher than expected market values....so the EFL now want a detailed explanation. An important factor is when the EFL agree the accounts are they expected to skim over them....so that they can be agreed in principle or is the expectation that the accounts are investigated In full before they can be agreed.
  12. During the Summer 2 years ago Radio Sheffield were doing a show and they bumped into Nigel Pearson..think it was at a local craft or antique fair. They had a chat and asked him about his managerial ambitions. He confirmed that he definitely wants to be a manager again but he’s loving the break spending time with his family. He said he’s fortunate because he’s not desperate to find work...so he can afford to be fussy and wait for the right club. Radio Sheffield asked him directly could he ever be a future SW manager. He said it’s very unlikely....he explained that he still lives in the area...him and his family are very settled and love living in Sheffield. He said he still has a strong affinity with the club and bumps into Wednesday fans all the time....receiving kind words. He wants to keep it that way and loves the freedom that he can go our socialising with family and forget about football pressures.....privacy and freedom to leave his home without hassle to him or his family is really important to him So he’s not likely to ever work for any club in the area he lives. Then he joked that one day he might move house.
  13. Very much agree, history shows that the EFL don’t like to rock the boat too much...as it can create legal challenges. Regards Birmingham last season.....it seemed that they waited to see what effect a 10 point deduction would have. Then once Birmingham fell away from the play-off race...the EFL flexed their muscles and gave them a 10 point deduction knowing it wasn’t really a punishment. Any fair minded person.....even when shown loads of evidence that SWFC might be 100% guilty...so deservIng punishment would cite the timing of delivering a punishment with 1 match to go or at the end of a season as totally unfair and wrong. I thought all along that the longer the delay then it becomes more unlikely it can effect this season. I sure that if here’s a points deduction it will be pushed on to next season.
  14. This idea was suggested by Steve Gibson (the Middlesboro chairman) at the EFL meeting last season. The “independent accountants” idea, similar to what they have in the German League, was unanimously rejected by the Chairmen. Remember the EFL serve the clubs so they have little power to enforce anything unilaterally. All they can do is monitor and enforce the rules agreed by the member clubs. Also the EFL have no power regards ending parachute payments as that income stream comes from the PL tv money. Therefore only the PL Chairmen could vote to stop that.
  15. Regards this issue we need to clarify what the aim of the reforms are. If it’s to ensure the survival of football clubs then salary caps for the EFL is a great solution. However if the aim is more about fairness....then it needs to address why relegated PL clubs have resources to continue paying higher salaries....ensuring relegated PL have a clear advantage. The report done by finance experts seems to be ONLY finding solutions to help clubs survive....competitive fairness isn’t in their thoughts.
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