Sheffield Wednesday: Football finance expert discusses points deduction

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Football finance expert Kieran Maguire has again been discussing the points deduction which was handed to Sheffield Wednesday by an independent disciplinary panel.

In late July, it was revealed that the would begin the 2020/21 Championship season with a 12-point deduction for breaking spending rules (per BBC).

The latest report from Yorkshire Live stated that Wednesday had still not decided whether or not they were going to appeal the decision.

So, in the latest episode of The Price of Football podcast, Maguire discussed the Yorkshire outfit and their points deduction and how they can potentially deal with it.

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We will look at to kick off this quiz on the Championship's managers, which of these national teams has the Leeds United boss managed?

He said: “In respect of Sheffield Wednesday, [the EFL] will feel that the club was given the maximum potential points deduction under the rules for breaches of Financial Fair Play.

“I know that other clubs were pushing for the deduction to be increased to up to 21 points, because they felt that some of Sheffield Wednesday’s behaviour surrounding the sale of Hillsborough was inappropriate, but those charges were successfully defended.

“Clearly, Charlton fans are very disappointed with what’s happened because the penalty has been pushed back.

“The reaction, I think, of most Sheffield Wednesday fans, is – well, you’re never happy with a deduction – but they seem to feel that it could have been a lot worse.”

TIF Thoughts…

As can be seen in what Maguire had to say, seemingly there is a belief that the 12-point deduction that the were handed “could have been a lot worse”.

Do you think Sheffield Wednesday should appeal their points deduction?

No, there's no point

No, there's no point

Yes, we should do

Yes, we should do

However, it still remains to be seen whether or not the Yorkshire club will appeal against their points deduction, which would supposedly set the club back around £400,000-£500,000 to do so in a financial sense.

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