Sheffield Wednesday to face EFL hearing over ground sale in July

The hearing for Sheffield Wednesday’s Football League misconduct charge has been set for July, according to reports.

The Owls have had the case hanging over them, with the potential for a punishment which could have a big outcome on their season.

Whether they will learn their fate during the 2019-20 season or after it is unclear, with uncertainty around the progress of the coronavirus pandemic making it impossible yet to set a date for the resumption of football.

Hide Ad
Hide Ad

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.

General view of the stadium ahead of the Sky Bet Championship match at Hillsborough, Sheffield. (Picture: PA)General view of the stadium ahead of the Sky Bet Championship match at Hillsborough, Sheffield. (Picture: PA)
General view of the stadium ahead of the Sky Bet Championship match at Hillsborough, Sheffield. (Picture: PA)

Under the rules the valuation of the land has to be a fair one, and Land Registry documents appear to suggest the deal was not completed until around a year after it was accounted for, allowing the Championship club’s losses to come in below the £39m permitted over a three-year period.

In March Chansiri was cleared of individual charges, as were finance director John Redgate and former chief executive Katrien Meire.

The Owls have promised to vigorously defend themselves against what they see as an “unlawful” charge. The case will be heard by an independent commission.

Hide Ad
Hide Ad

It is unprecedented but the punishments potentially wide-ranging, from a points deduction of up to 21 points to a transfer embargo or fine. A nine-point deduction is thought most likely.

Ordinarily a deduction imposed beyond March would not apply until next season, but these are not normal times, so that remains to be seen.

Under normal circumstances, 15th-placed Sheffield Wednesday would have gone into the coronavirus break in mid-table obscurity but a nine-point deduction would draw them level on points with Charlton Athletic, who are in the relegation zone.

If the league is able to get up and running again this season, Garry Monk’s team will have nine matches to play.

Hide Ad
Hide Ad

Editor’s note: first and foremost - and rarely have I written down these words with more sincerity - I hope this finds you well.

Almost certainly you are here because you value the quality and the integrity of the journalism produced by The Yorkshire Post’s journalists - almost all of which live alongside you in Yorkshire, spending the wages they earn with Yorkshire businesses - who last year took this title to the industry watchdog’s Most Trusted Newspaper in Britain accolade.

And that is why I must make an urgent request of you: as advertising revenue declines, your support becomes evermore crucial to the maintenance of the journalistic standards expected of The Yorkshire Post. If you can, safely, please buy a paper or take up a subscription. We want to continue to make you proud of Yorkshire’s National Newspaper but we are going to need your help.

Postal subscription copies can be ordered by calling 0330 4030066 or by emailing [email protected]. Vouchers, to be exchanged at retail sales outlets - our newsagents need you, too - can be subscribed to by contacting subscriptions on 0330 1235950 or by visiting www.localsubsplus.co.uk where you should select The Yorkshire Post from the list of titles available.

Hide Ad
Hide Ad

If you want to help right now, download our tablet app from the App / Play Stores. Every contribution you make helps to provide this county with the best regional journalism in the country.

Sincerely. Thank you.

James Mitchinson

Editor

Comment Guidelines

National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.