Pigs Points Reduction darn to six points

[POGGYWELL]

Sheffield Wednesday owner Dejphon Chansiri has accepted blame for the points deduction the club started the season with.

The Owls were initially deducted 12 points at the start of this campaign for breaching spending rules in their 2017-18 accounts.

The deduction was reduced to six points on Wednesday after the Championship club appealed against the sanction.

"Of course I take full responsibility," he told BBC Look North.

"Whatever happens to this club, there is no excuse, I have to take responsibility."

Wednesday sold Hillsborough to Thai businessman Chansiri for £60m and by including it in the 2017-18 accounts, posted a £2.5m pre-tax profit.

Without doing so, they would have reported a pre-tax loss of £35.4m, following on from deficits of £9.8m and £20.8m in the previous two seasons.

Under the English Football League's profitability and sustainability rules Championship clubs are only allowed to lose £39m over a three-year period.

Chansiri said that it is not "realistic" for clubs to be successful in England's second tier without breaking the financial rules in place.

"Even if you don't spend money then you will lose up to £10m a year because the revenue and the costs are not balanced," he added.

"The EFL talk about sustainability and that is easy to say but it is impossible.

"The clubs who come up to this league and don't spend any money go straight back down. You need to spend to survive and have a chance to go up.

"In football success or failure is zero or 100, you either go up or you don't, that's not what normal business is like."

[pass_and_move]

A wonder ar much Chansiri bunged the independent panel?

If clubs have a right to an appeal then the EFL should hand out stiffer punishments to clubs like Wednesday who are blatantly breaking the rules in order to gain an advantage on other championship clubs.

6 points deducted is the final outcome which is a disgrace. Am delighted that they dint go up in these last 4 years when they've spent big and paid big wages chasing their dream.

Chansiri claims that success in the championship is impossible unless you spend. Why dunt tha tek a look across to the red n white side of the city mi owd.

[Acido]

It is a downright disgraceful decision and the EFL should be ashamed of themselves, yet again!.
And this doesn't even have owt to do with who the Fowls are and which league they're in. No, this is just an appalling decision which goes against honesty & decency etc. It does indeed give out the wrong message to clubs who have got money, it suggests that they can do what they want and get away with it almost scot-free.

[SBRed48]

The EFL docked them 12 pts Acido, quite rightly. Could argue it shudda been more, even relegation.

It was the Independent Appeals Panel who made the decision to reduce it to six points, quite wrongly in my view.