Good day to announce it and bury the news, when everyone is wondering wether the USA is heading towards a civil war! I'm sure it's just a coincidence though.
League Table has now been amended. Wendies now next to bottom on five points. As the scores stand in tonight's games, we have dropped to nineteenth in the table. Rotherham and QPR now ahead of us.
Millers now one down at home to Luton putting us in eighteenth place. If scores stay that way, how are Luton on sixteen points.?
Does anyone want to read a baseless theory. Well here it is. The FFP system for the Championship is completely different to that of Leagues 1 and 2. Basically, the majority of clubs in the Championship did not want any controls on spending at all, so they made the rules deliberately vague and open to any number of interpretations. Sheffield Wednesday have been caught. They have openly defied the spirit of the rules, but because there is no specific rule about selling an asset to a related party at well above book value in order to avoid exceeding the upper limit of FFP, the EFL have had to trump up an alternative charge. They have accused Wednesday of not putting the sales through the books in the right year, an argument that is even more tenuous. If the rules had been drafted properly, Wednesday were bang to rights, as it is, all they have done is avoid the spirit of the agreement, and the spirit of an agreement is far more difficult to enforce. If that was not bad enough, they are up against an owner who is prepared to use his financial resources to test the judgement through the courts, and the EFL just does not have the cash to waste on legal bills, especially as there is the danger that a judge would agree with Sheffield Wednesday. In the end, both parties have looked for a face saving solution, and halving the punishment is that solution. Frankly, it stinks, but if clubs are not prepared to accept EFL judgement on FFP matters, the whole scheme might as well be abandoned as unworkable. I had hoped that the scheme would level the playing field, that rich owners would be stopped from buying success, but this case suggests that my hope will be impossible to achieve.
Basically Wednesday offence is fraud. They presented their accounts in a way that did not reflect reality. This would be a criminal offence outside of the fantasy world of football. Do Wednesday have auditors - because whoever they are are clearly a tin-pot outfit who are just taking money to "tick" the accounts.
Looks like a possible appeal of the appeal by efl.... what a mess! The efl is a shambles and dodgy af.
Thing is though RR, you can't be half guilty and half innocent. To have their deduction halved is beyond scandalous, it's ridiculous. They are either guilty of exceeding FFP rules, or not.
Is what I can’t understand is chansiri sold the ground but only the other week he took a secured loan out against it how that possible if he doesn’t own the ground
Unfortunately not, the rules are set by the owners/representatives of the clubs and EFL manage those rules.
You may well be right, I don’t doubt for a minute the rules were left ambiguous, given the clubs set the rules you’re theory could have legs. Personally I’m not sure how much the EFL is to blame here though in the reduction, they took SW to task accordingly and the independent panel reduced. People need to remember the EFL only exist to manage the rules not set them. That suggests the issue is with the panel not the EFL
They haven’t been found 1/2 guilty though. They are still guilty just the IP decided the penalty was too harsh.
Meh, it is what it is. You cant have seriously thought the efl would be able to follow anything through did you? Concentrate on Barnsley and dont get involved in other peoples cheating and we'll all be a lot happier.
It's TRUE, they have had the brown envelope out again. The EFL is a joke. England are a laughing stock in football. EFL are as bent as FIFA