RAL
14.4K posts
RAL
@RickyALswfc
Sheffield Wednesday FC 💙⚽️ Seahawks 🏈 Team PGA ⛳️ England transplant 🏴🇺🇸
Sheffield Wednesday are one of the oldest football clubs in the world, their famous name woven into the tapestry of the game. Formed in 1867, elected to the Football League in 1892, founder members of the Premier League, four times champions of England, three times winners of the FA Cup, and the League Cup once. Such honours may be far back in history but Wednesday remain a powerful force in many lives, in families, communities, in Sheffield and beyond. It would be devastating to Wednesday supporters and deeply damaging to the reputation of English football if Wednesday lost their membership of the EFL because of the behaviour of an owner in Dejphon Chansiri who passed initial EFL ownership tests, was welcomed (let’s not forget), but turned out to be shamelessly irresponsible. Wednesday fans fear the club's existence might be at risk if the EFL imposes further punishments and restrictions that deter potential buyers. Stronger oversight of owners is clearly required and the EFL and PL did tighten their rules in 2023. The new Independent Football Regulator will introduce a proper licensing system for clubs and better oversight of owners. Unfortunately, the IFR did not come into force early enough to prevent Wednesday's downward slide under Chansiri. Wednesday are currently in administration and threatened with further EFL sanctions – a 15-point deduction for next season. This season's 18-point deduction all but guaranteed relegation from the Championship (confirmed on Feb 22). The League applies sanctions as punishment for debts and also as a deterrent to other clubs/owners. The EFL emphasises it is working with all parties to “try and find a solution that can see Sheffield Wednesday continue as a member of the League....but ultimately we have to also apply the terms of the League’s insolvency policy…which seeks to balance the interests, not only of Sheffield Wednesday, but also of the other 71 clubs”. Sheffield Wednesday Supporters' Trust, fighting hard for their club’s survival, has now released a copy of the EFL’s insolvency policy and argues that it gives the League, in the Trust’s words, “absolute discretion when determining how to deal with clubs experiencing an insolvency event”. The Trust argues that “…further punitive sanctions risk undermining the very factors the EFL states it must consider - including the effect on supporters, the impact on the local community and the wider credibility of the league itself. “Sheffield Wednesday supporters are not seeking advantage over other clubs. It is entirely right that all EFL clubs should be treated fairly and consistently. That principle must include Sheffield Wednesday that has already suffered enormously during a decade in which the EFL’s own regulatory oversight failed to prevent the damage that unfolded. “We urge the EFL to apply its own guidance responsibly and ensure that the focus now is on allowing the club to recover, stabilise and move forward under new ownership. Sheffield Wednesday supporters have suffered enough.” #SWFC #EFL @SWFCTrust
american accents in real life are soo jarring
JUSTICE THE AMERICAN WAY. 🇺🇸🔥
Those replying saying we need to accept -15 as it isn't worth it, are missing the point. I'm saying I doubt it is likely that anyone is going to pay 20m for a club that is likely heading to L2. My understanding is, and it was reported in December, that buyers are saying they're only interested for 20mish AND the EFL not docking further points. Because they ain't going to pay 20m for a coin toss chance of going to L2 where they would lose more money, over the time period, than it would have cost to buy us for 30m. The EFL are in a tricky spot as they are faced with a scenario where they may have to break some rules, which may carry legal ramifications, or run a real risk of a big team going pop
Thank you, @piersmorgan, for your principled voice. x.com/piersmorgan/st… x.com/piersmorgan/st… x.com/piersmorgan/st…