Sheffield Wednesday handed boost in form of EFL decision as Kris Wigfield issues takeover update
The EFL have confirmed Sheffield Wednesday will not be slapped with any further point deductions this season.
Wednesday were hit with a 12-point deduction for entering administration before being docked another six for financial breaches.
The club faced an uphill battle to retain their Championship status before the sanctions were applied and the punishments have made survival even less likely.
Wednesday are currently bottom of the table on -9 points but their tally will not be lowered any further.
The decision has been made following a review conducted by the EFL’s independent club financial review panel.
Sheffield Wednesday statement
A statement issued by Wednesday administrator Kris Wigfield said: “Sheffield Wednesday can confirm that the EFL’s independent club financial review panel (CFRP) has now concluded its disciplinary review into historic financial breaches that occurred prior to the appointment of administrators.
“The earlier six‑point deduction covered matters up to 9 July 2025 and the latest review assessed the period from 10 July 2025 to the date of administration.
“We welcome the CFRP’s decision not to apply a further points deduction. We appreciate the constructive engagement throughout what has understandably been a challenging period. This conclusion provides much‑needed certainty and allows us to focus fully on stabilising the club and planning for the future.
“We recognise that this season has tested the patience of our supporters. Transparency remains our priority, and we hope that drawing a clear line under these matters enables everyone to concentrate on supporting the team.”
Panel’s statement
A spokesperson for the EFL’s independent club financial reporting unit (CFRU) added: “The panel opted to accept the recommendation put forward by the CFRU - supported by both the club and EFL - on the basis that all breaches in both 2024 /25 and 2025/26 are as a result of a lack of financial resources being made available by Mr Chansiri. This has led to the subsequent sporting sanctions that have already taken effect in the 2025/26 Championship table.
“It therefore agreed that any further immediate points deduction would be unjust. Consideration was given to imposing additional sanctions, however they were of the view that such an action may deter potential bidder(s) from entering the process and delay the club’s exit from administration, which provides an opportunity for new ownership to take control, rebuild the club and provide a positive future for all those associated with Sheffield Wednesday FC.”
Takeover latest
Wednesday are still in the process of being sold after the ousting of Dejphon Chansiri. There have been delays in the process but Wigfield has assured fans “genuine progress” is being made.
He said: “I also want to update you on the sales process. We understand the frustration caused by limited communication at this stage, but periods of confidentiality are essential to protect the integrity of the process.
“Work continues behind the scenes as we work toward identifying a preferred bidder and genuine progress is being made. Once that stage is reached, the EFL will need to complete its regulatory checks.
“We will provide updates as soon as we are able to do so without jeopardising the process. Thank you, as always, for your continued backing. On behalf of everyone at Sheffield Wednesday and Begbies Traynor, I would like to wish our supporters a Merry Christmas and, for the football club, a much brighter New Year.”