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July

 

Wednesday have been charged over the sale and lease-back of their Hillsborough stadium to owner Dejphon Chansiri. Such deals are an accepted way of circumventing the Football League’s profit and sustainability rules, but the focus is on how and when the £60m agreement was completed.


 


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Following a formal investigation into financial information provided by Sheffield Wednesday in relation to the Club’s 2017/18 Profitability and Sustainability (P&S) submission, the EFL has today issued a number of charges relating to alleged breaches of EFL Rules.

 

Earlier this year the EFL launched an investigation into the Club’s financial submission for the period ending July 2018 under the relevant P&S Rules following the completion of the sale of Hillsborough Stadium.

 

The EFL has reviewed a large number of documents obtained from the Club as part of this process and concluded there is sufficient evidence to justify issuing charges of Misconduct. The charges are in respect of a number of allegations regarding the process of how and when the stadium was sold and the inclusion of the profits in the 2017/18 accounts.

 

All charges will be considered by an independent Disciplinary Commission and, if the charges are proven, the Commission can impose any of the sanctions set out in EFL Regulation 92.2.

 

The EFL Board has previously agreed and communicated with all Championship Clubs a set of sanctioning guidelines, but the Commission, under EFL Regulations, has the ability to invoke a full range of sanctions should the breach be confirmed.

 

The EFL continues to review the Club’s 2018/19 P&S submissions.

 

As these matters are now subject to proceedings, the EFL will be making no further comment at this time.


 


Owlstalk Shop

 

 

 

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92.2 A decision may:

92.2.1 order a party to do or refrain from doing anything;

92.2.2 order a specific performance;

92.2.3 make a declaration on any matter to be determined;

92.2.4 issue a reprimand or warning as to the future conduct of a party;

92.2.5 order the payment of compensation to The League, any Club, any other club, Player or other person;

92.2.6 order a suspension of membership of The League;

92.2.7 order a deduction of points;

92.2.8 impose a financial penalty payable to The League;

92.2.9 recommend expulsion from membership of The League;

92.2.10 order a withdrawal or loss of benefit otherwise available to members of The League e.g. basic award or ladder payment;

92.2.11 impose an embargo on registration of Players;

92.2.12 order any other sanction as the Disciplinary Commission may think fit; and

92.2.13 order that interest be payable on any sums awarded under this Regulation for such period and at such rates as the Disciplinary Commission thinks fit.

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37 minutes ago, Neil Down said:

Apologies as missed in previous posts. What date are we supposed to find our destiny with the efl charge? 
 

thanks in advance. 

 

2018 according to Chansiri 

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Given the special circumstances of covid19 etc and everything being up in the air... just dismiss these cases, make the rules completely clear going forward and draw a line now.

 

No rulings - well, other than dismissal of course - on any outstanding cases, clean sheets and we go again.

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1 hour ago, Inspector Lestrade said:

Not Guilty

 

Case Dismissed

 

 

 

No case to answer.

 

The court fine the EFL the sum of 100 million dumps for wasting the courts time.

 

Bonjour.

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